FIVE Financial News
10.11 / 13:45
FIVE
Google
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Celebrity
Vijay Sales extravaganza: Deals on smartphones, laptops and other gadgets
₹7,500. The Vijay Sales Diwali Celebration presents a collection of exciting deals on some popular smartphones, tech gadgets, smart TVs and Laptops and much more. Here are some of the best deals available during the Diwali sale: Interestingly, the Sansui 32 inches HD Ready Smart Google TV is available at ₹11,499, making it an ideal gift option.
10.11 / 13:43
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medicines
ITBP posts along LAC increased from 180 to 195: Director general
Indo-Tibetan Border Police (ITBP) posts along the Line of Actual Control (LAC) has been increased from 180 to 195 as part of plans to better operational capability and border management, a top official said on Friday. The about one-lakh personnel strong force is tasked with guarding the 3,488-km India-China LAC and has posts at heights ranging from 14,000-18,000 feet. Addressing the 62nd Raising Day of the force in the Uttarakhand capital, ITBP Director General AD Singh said the government had recently sanctioned the raising of seven ITBP battalions.
10.11 / 12:33
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Fighting
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Sam Bankman-Fried found guilty on seven counts for multi-billion dollar FTX fraud
Bankman-Fried was convicted after a month-long trial in which he was accused of stealing $8 billion from his crypto exchange users in one of the hugest financial fraud cases in history.
10.11 / 11:09
Citi
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Financial
Millennials life goals: Work-life-balance, fitness, travel, financial security, and more
Insurance. The survey also shed light upon the financial habits of the population of this age group. It was found that more than 50% of millennials say they need expert financial advice to achieve their life goals.
10.11 / 10:32
Citi
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pandemic
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reports
Mumbai
Rental income in Mumbai, Bengaluru: Annual return on investment from property jumps up to 20% in 5 years!
The average annual rental yield in cities like Mumbai and Bengaluru has jumped up to 20% since 2019. According to the latest Anarock Research data, Bengaluru has the highest rental yield of 4.35% as of September 2023 end. It was just 3.6% in 2019, showing a jump of over 20% in the last five years.
10.11 / 10:32
Provident
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Dhanteras 2023: Buy Guaranteed Income Plans to build long-term wealth
The festive season is finally upon us. Many people believe that investing during this period, especially on the auspicious occasion of Dhanteras, is known to bring luck and prosperity. And the most obvious choice, every year, for most people, is gold. But instead of going the conventional route this Dhanteras, consider investing in something more meaningful to secure your future.
10.11 / 10:05
Twitter
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BSF troops use night vision drones to conducted 'unique operation' to combat trans-border crimes | WATCH
border security force also shared a video of the operation in a post on X, formerly known as Twitter. "In a strategic & commendable move to combat trans-border crime, alert troops of 6 Bn @BSFNBFTR successfully carried out a unique operation using a night vision drone camera & manage to rescue 03 cattle from the grasp of smugglers on Indo-Bangladesh border," the BSF's post on X read.
10.11 / 09:31
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Your Questions Answered: What is the difference between SGBs and gold mutual funds?
Padmanabhan Iyengar, Coimbatore, Tamil Nadu In the dynamic landscape of the Indian securities market, gold has long held its position as a coveted asset, offering a hedge against inflation and economic uncertainty. However, when it comes to investing in gold, investors often face a dilemma between two popular options: gold mutual funds and sovereign gold bonds. Understanding the nuances of each instrument is crucial for making an informed decision that aligns with one's investment goals and risk tolerance.
10.11 / 09:17
FIVE
Aviat
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IRFC, IndiGo, BoB among 9 stocks that crossed ₹1 lakh crore in m-cap since last Diwali
₹one lakh crore is a significant milestone for the listed companies. Since last Diwali nine companies have successfully achieved this, demonstrating their resilience in a volatile market. Bharat Electronics crossed the ₹one lakh crore market capitalisation on September 01.
10.11 / 08:33
Provident
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travelers
5 habits to help you flawlessly manage Credit Card spending
When it comes to making payments a credit card is probably one of the most consumer-friendly options. It offers several benefits ranging from convenient and secure payments to instant credit and added benefits such as discounts and cashback, all instantly, in a single swipe of your card.
10.11 / 08:19
IPO
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open
Gandhar Oil Refinery IPO t open on November 21. Check details
Gandhar Oil Refinery will open for subscription on November 21 and close on November 23. The allocation to anchor investors will be done on November 20. The company had filed its draft IPO papers last year and received approval for the same in June this year. The offer comprises a fresh equity issue of Rs 357 crore and an offer for sale (OFS) of Rs 143 crore.
10.11 / 07:59
Target
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Israel-Hamas war: US President Joe Biden says "no possibility" of Gaza ceasefire
Joe Biden has said that there is «no possibility» of a ceasefire in Gaza. Biden said that the US government will not stop until it gets the hostages out. Speaking to reporters about the chances of a Gaza ceasefire, Biden said, «None, No possibility.» Asked about an update on getting hostages out, he said, «We're still optimistic.» In his message to the families of the hostages in Gaza, Biden said, «We're not going to stop until we get them out.» Speaking to reporters before Air Force One departure at Joint Base Andrews in Maryland, Biden said that the retaliatory strikes in the Middle East are working «in the sense that we're hitting the targets strategically.» Biden said he had asked Israeli Prime Minister Benjamin Netanyahu for a more than three-day pause. Asked whether he had asked Netanyahu to pause for three days to get the hostages out for that length of time, Biden said, " Yes.
10.11 / 07:43
FIVE
Booking
Citizens
Experts
Penalty on premature withdrawal of post office FD hiked for this tenure
If a deposit in a five-year account is withdrawn prematurely after four years from the date of account opening, interest at the Post Office Savings Account rate of 4%. 7 changes in Senior Citizens Savings Scheme rules:More people can invest, more time for retirees, stricter penalty Premature closure of account No deposit may be withdrawn before six months have passed from the date of deposit. If a deposit in a one-year, two-year, three-year, or five-year account is withdrawn prematurely after six months but before the expiry of one year from the date of deposit, interest at the rate applicable to Post Office Savings Account for the completed months is payable to the account holder. New PPF rule: Interest calculation on premature closure of PPF account changed When a deposit in a two-year or three-year account is withdrawn prematurely after one year from the date of deposit, interest on such deposit is payable to the account holder for the completed years and months beginning on the date of deposit and ending on the date of withdrawal, and such interest is calculated at a rate that is two percentage points less than the rate specified for a deposit of one or two years, as the case may be. Change in interest rate calculation If a deposit in a five-year account is withdrawn prematurely after four years from the date of account opening, interest at the rate applicable to Post Office Savings Accounts is payable. It means that on premature withdrawal, interest of post office savings account that is 4% will be paid. Earlier interest rate calculation If a five-year time deposit account is closed after four years from the date of deposit, the rate applicable to three-year time deposit accounts will be used to calculate
10.11 / 07:43
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Before semis clash with India, Rachin Ravindra gets 'buri nazar' protection from his dadi
Rachin Ravindra, one of the revelation of this World Cup, visited his grandmother's house in Bangalore on Thursday to seek her blessings. New Zealand cricketer Ravindra, whose parents are from Bangalore, has helped the Kiwis almost seal a semi-final berth. In a video doing the rounds on social media, Ravindra's grandmother seems to be doing the 'buri nazar' protection ritual, with the Kiwi all-rounder seated on a sofa.
10.11 / 07:15
Citi
FIVE
exclusive
reports
Citi, Skye advise Palisade on winning bid for Downer’s Repurpose It
Palisade Impact, the core-plus infrastructure house set up by ex-Macquarie duo Steve Gross and Jeremy Wernert, has won the auction for Downer EDI’s Victorian waste management business, Repurpose It, with a $220 million bid.
10.11 / 06:51
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share price
United Spirits share price plunges 7%; brokerages express mixed views post Q2 result
United Spirits share price plunged almost 7 per cent in morning trade on BSE on Friday, November 10, as investors offloaded shares of the company in the wake of its September quarter earnings which showed a significant year-on-year (YoY) fall in standalone revenue and profit. In an exchange filing on Wednesday, November 8, United Spirits said its standalone revenue from operations dropped almost 19 per cent YoY to ₹6,733.8 crore. In the same quarter last year, the company's revenue from operations was at ₹8,275.9 crore.
10.11 / 04:43
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Racing
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How Pakistan can qualify for the semis against India: Wasim Akram offers a 'brilliant' idea
Sri Lanka in their last league fixture virtually eliminates both Afghanistan and Pakistan from the ICC World Cup semi-final race. With this win, New Zealand secured 10 points and significantly improved their net run rate.
10.11 / 04:43
FIVE
Digital
Experts
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Focusing more on pharma cos with US exposure: Pawan Parakh
Pawan Parakh, Portfolio Manager, Renaissance Investment, says “focussed more on pharma companies with US exposure as of now. Across the board, the data is very loud and clear that there is some sort of shortage in the US. The pricing erosion is no longer there. In fact, some of the companies anecdotally have got clearances for their factories. The cycle, which was not in favour of these companies for the last so many quarters and years, seems to be turning in their favour. There is this whole debate about whether the small and midcaps are now getting frothy, whether the next lap of the move is going to come in from the largecaps. Do you now need to turn cautious when it comes to the broader end of the market? What's your take? I completely agree with that argument. In fact, when I was there last time on your channel, I did highlight that. I could see a lot of froth in low-quality midcap, smallcap stocks given the rally that has happened over the last four, five months. And if you take slightly longer periods, say about a year or so, at the index level, while companies have reported decent sets of numbers, at the index level, the Nifty Index has not delivered anything. So very clearly, there is some sort of froth getting built up into midcap, smallcap names. One has to be really cautious about it at this point in time.
10.11 / 04:37
FIVE
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M&M Q2 Results Preview: Net profit may rise 27% to ₹2,944 crore; revenue growth seen at 19% YoY on strong volumes
Mahindra & Mahindra (M&M) will today announce its financial results for the second quarter of FY24. The passenger vehicle (PV) and commercial vehicles (CV) manufacturer is expected to see decent revenue growth in Q2FY24 on the back of strong volumes, while margins may remain under pressure sequentially due to unfavorable mix. From a demand standpoint, the July-September quarter of FY24 was a mixed bag for the automobile industry led by year-on-year (YoY) expansion for PVs and CVs.
10.11 / 04:37
FIVE
Booking
Platform
Experts
performer
reports
Tata Capital shares surge in unlisted markets; valued as the 3rd biggest NBFC after Bajaj Twins
₹400 to ₹425 in the unlisted market, a report by Economic Times stated. The company, now valued at ₹1.5 lakh crore on the platform for unlisted stocks, is the third biggest non-bank lender by market capitalisation - just after the Bajaj twins, it highlighted. Bajaj Finance currently has a market capitalisation of ₹4.47 lakh crore, whereas Bajaj Finserv and Jio Financial Services command market capitalisations of ₹2.53 lakh crore and ₹1.37 lakh crore, respectively, added ET report.
10.11 / 04:25
FIVE
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Next 20 years is really India's period, it is for us to lose: Manish Chokhani
Manish Chokhani, Director, Enam Holdings, says “I am not a believer that you make everyone poorer and distribute the poverty. You have to make everyone richer and pull them up. I am hopeful this happens and everything is back on balance. I have no axe to grind, I have no products to sell, no brokerage to run, no mutual fund to sell and I have invested myself. I really think the next 20 years is really India's period, it is for us to lose.” You have said that when India's market cap was not even a trillion dollars, five corporate houses would be building the next couple of trillion dollars for us and that time you were vocal about Reliance. BATAJ. Yes. We called it.
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