FIVE Financial News
03.11 / 18:19
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Friends and foes in Telangana election 2023: Which political parties support BJP, Congress and BRS
1. Support for Congress: The Telangana Jana Samithi (TJS) party has extended its "unconditional support to the Congress" in the upcoming state assembly elections, the Congress was quoted by ANI as saying. Besides, the president of YSR Telangana Party, YS Sharmila Reddy, also said on Friday, November 3, that her party will support the Congress in the Telangana Assembly election.
03.11 / 18:16
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Mizoram polls: Congress promises to create 1 lakh jobs in a year if voted to power
Mizoram assembly polls, Congress media cell chairman Lalremruata Renthlei said on Friday. If the Congress voted to power in the next week’s election the “Young Mizo Entrepreneurs Programme (YmElevate)” would be launched to provide startup funds and jobs to the youth. “Under the YmElevate, incubation and startup funds would be provided and that would help in creating more than one lakh employment,” Renthlei told the media. The Congress has already announced to introduce 'Tang Puihna’, a monetary assistance scheme for farmers and entrepreneurs to develop sustainable economic and livelihood activities. He said, «The MNF government has provided 2218 jobs through direct recruitment in the last five years.
03.11 / 17:01
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Jharkhand cabinet approves Rs 1,485cr electrification scheme
Jharkhand Cabinet on Friday approved a Rs 1,485-crore electrification scheme and free training for 15 rookie pilots in the proposed pilot training academy in Dumka, an official said. The approvals were given during a meeting of council of ministers chaired by Chief Minister Hemant Soren. «A new scheme, Mukhya Mantri Ujjwal Jharkhand Yojana, has been approved by the cabinet and Rs 1,485.39 crore has been allocated for it.
03.11 / 16:33
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Wall St climbs as weak jobs data cements rate-pause bets
By Amruta Khandekar and Shristi Achar A
03.11 / 16:33
03.11 / 16:29
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Former FTX CEO Was Found Guilty Of Fraud—Here are 4 Things You Should Know
Sam Bankman-Fried, «King of Crypto», founder and former CEO of crypto exchange FTX, was found guilty by a jury on seven counts including fraud and money laundering after a month-long trial. This verdict comes almost a year after the collapse of FTX, once valued at $32 billion.
03.11 / 16:11
03.11 / 16:11
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Maneka Gandhi demands Elvish Yadav's arrest, latter hits back: 'Aise milti hai ticket?'
Aise Milti Hai ticket Lok Sabha ki? (Is this how one gets a Lok Sabha ticket). The two engaged in a war of words after Yadav was booked by the Noida Police in connection with a rave party in Sector 49. Elvish Yadav was reportedly booked for using “snake venom" at the rave party.
03.11 / 16:11
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Five Best: Lives of Economists
Memoirs of an Unregulated Economist By George J. Stigler (1985) 1. Although he never reached the renown of his lifelong friend Milton Friedman, George Stigler was a founding member of the Chicago school of economics.
03.11 / 16:11
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SC judge offers half of his salary to lawyer for not using ‘My Lord’, 'Your Lordships'; Suggests THIS instead
Justice PS Narasimha was quoted by news agency PTI as saying on Wednesday. "Why don't you use 'Sir' instead," Justice Narasimha, who was sitting on the Supreme Court bench with senior presiding judge Justice AS Bopanna, told a senior lawyer. During arguments in court, lawyers invariably address judges as "My Lord" or "Your Lordships".
03.11 / 14:31
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Posthaste: Here's how much mortgage pain is coming down the pipe for Canadians
Bank of Canada governor Tiff Macklem told Senators this week that part of the reason the central bank held rates in October was because of the effect the coming wave of mortgage renewals is expected to have on the economy.
03.11 / 14:31
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Live news: 3 Scotiabank executives leave in latest management shakeup
United States job growth slowed in October by more than expected and the unemployment rate rose to an almost two-year high of 3.9 per cent, indicating that employers’ strong demand for workers is beginning to cool.
03.11 / 14:23
Provident
FIVE
country
Will create 1 lakh jobs if voted to power in Mizoram, says Congress
Congress will create 1 lakh jobs if it is voted to power in the November 7 Mizoram assembly polls, a party leader said on Friday. Congress media cell chairman Lalremruata Renthlei said the party will introduce the Young Mizo Entrepreneurs Programme (YmElevate) to provide startup funds and jobs to the youth.
03.11 / 14:23
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Career choice: Tech gold rush seems to be over. Where is the next one to make a lot of money?
The number is the amount you need to earn before you turn 40 so you never have to work again. This man, who was about my age, was close to his number. The economist in me, who finds markets fascinating but was then a poor graduate student, saw this as a warning sign: If an industry is paying high salaries to people who aren’t great at what they do, then something is wrong.
03.11 / 14:09
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Google's Pixel car crash feature reaches to India: How to enable it
car crash detection feature, identified initially by Android Central, is now supported in five additional countries according to Google's Pixel phone support page. These newly listed countries are India, Austria, Belgium, Portugal, and Switzerland. As per a report by Gadgets 360, the feature is not currently accessible in Indian languages.
03.11 / 14:09
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ICC World Cup 2023: Sachin Tendulkar shares ‘inspiring’ anecdote as Shreyas Iyer wins fielding medal against Sri Lanka
Sri Lanka at the Wankhede Stadium in Mumbai, the fielding medal ceremony post-match was a cut above the rest with it getting a 'legendary' touch. The occasion was graced by none other than legendary Indian cricketer Sachin Tendulkar virtually. The 'God of Cricket' lauded captain Rohit Sharma and the team management for coming up with a such team bonding exercise.
03.11 / 13:53
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Netflix renews office lease in BKC, to pay Rs 284 crore rentals over 5 years
Streaming services major Netflix’s India arm has renewed the lease for its head office space spread over 137,000 sq ft in commercial tower Godrej BKC in Mumbai’s business district Bandra-Kurla Complex (BKC) in a five-year deal valued at more than Rs 280 crore. The company will be paying monthly rentals of nearly Rs 4.30 crore for two separate leases executed through Netflix Entertainment Services India LLP. The office space is spread across two units – on the 11th and 12th floors — of the commercial tower. The tenure of both the deals is set for five years and the lease agreement includes a clause to escalate rentals 5% every year, taking the total payout to more than Rs 284 crore over the entire term. Netflix had initially leased this office space from D'Decor Properties LLP in January 2019 and the lease has now been renewed.
03.11 / 13:09
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NFO Alert: All you need to know about newly launched DSP Gold ETF Fund of Fund
DSP Asset Mutual Fund announced the launch of the DSP Gold ETF Fund of Fund, an open-ended fund of fund scheme investing in DSP Gold ETF.
03.11 / 12:53
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Crypto convict: Bankman-Fried will spend decades in jail
Sam Bankman-Fried was convicted of a massive fraud that led to the collapse of his FTX exchange, following a month-long trial that pitted the testimony of the former crypto king against that of some of his closest friends.
03.11 / 12:53
Provident
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Salaried? Know how using Diwali Bonus for Home Loan Prepayment helps Borrowers
Diwali, the festival of lights, is a time of celebration and togetherness, but it also presents a unique financial opportunity in the form of Diwali bonuses. Rather than splurging on fleeting luxuries, consider channelling your Diwali bonus toward a more substantial investment – prepaying your home loan. We will explore the advantages of utilizing your Diwali bonus for home loan prepayment, along with a comprehensive explanation of tax deduction sections, interest rates, and how your interest rate percentage plays a pivotal role in this financial decision.
03.11 / 12:53
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Google brings crash detection feature to Pixel phones in India: What is it, how to setup and more
Google Pixel phones have been equipped with Car Crash Detection since 2019-launched Pixel 4 series. However, the feature has been available only in select regions. Following Google’s release, Apple also launched the same with its second-gen iPhone SE and iPhone 14 line, three years later, in 2022. And now, California’s tech behemoth is expanding this feature to more regions including India.
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