FIVE Financial News
01.11 / 17:19
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Business group estimates several hundred thousand clean energy jobs in EV, battery storage and solar
A business group that advocates for clean energy estimates that 403,000 jobs will be created by the 210 major energy projects announced since the Inflation Reduction Act took effect in mid-2022
01.11 / 16:41
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TB in children can be accurately diagnosed with simple, rapid blood test, says study
blood test can help diagnose tuberculosis accurately in children, according to the findings of a study conducted in five countries, including India. About 2,40,000 children worldwide die of tuberculosis every year. The disease is among the top 10 causes of death in children under the age of 5, the researchers said.
01.11 / 16:41
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Los Angeles Lakers vs Los Angeles Clippers NBA live streaming: When and where to watch?
Los Angeles Lakers are squaring off with Los Angeles Clippers in a crucial NBA game.
01.11 / 15:23
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NFO Alert: Quant Mutual Fund launches Quant Momentum Fund; all you need to know
Quant Mutual Fund announced the launch of the Quant Momentum Fund. The scheme opened for public subscription on October 30, 2023, and will close on November 13, 2023. The scheme re-opens for continuous sale and repurchase within five business days from the date of allotment.
01.11 / 14:59
01.11 / 14:45
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Wall St rises ahead of Fed policy decision
By Amruta Khandekar and Shashwat Chauhan
01.11 / 13:35
FIVE
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Enterprise
Data centres to see Rs 45,000 crore investments till FY26, says Crisil
Crisil Ratings said in a note. Large enterprises are increasingly embracing cloud solutions, which is fuelling the surge in demand for data centres, the agency said, adding that rising usage and adoption of Over-The-Top (OTT) platforms is driving up retail data consumption. It said mobile data traffic alone has risen at an annual rate of 45 per cent over the last five years.
01.11 / 13:35
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India’s alcobev sector to touch $64 billion by 2030
alcobev sector, which is forecasted to touch $64 billion by 2030, a new report by International Spirits and Wines Association of India (ISWAI) said. The alcobev sector already accounts for 2% of India’s nominal GDP and generates employment to over 80 lakh people, in related sectors such as agriculture, F&B, Retail and hospitality.
01.11 / 13:01
01.11 / 13:01
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S&P 500 Bounce Stalls at 4200 as Rates Rise, Dollar Firms: What to Expect Next
Stocks traded higher for the second day, with the S&P 500 climbing by 65 bps. The index was oversold last week, and this week, that is no longer the case. The index trades well above the lower Bollinger band, with an RSI of around 40.
01.11 / 12:37
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Reliance opens Jio World Plaza in Mumbai, seeks to redefine luxury
₹70,000 to ₹2 lakh. The manager of Muji India said, "This is our largest store in India, spanning an impressive 12,000 square feet, with a dedicated team of 30 executives serving our customers. Awareness is no longer an issue, as buyers are well-informed about their preferences and actively visiting our stores." Mitrajit Bhattacharya, a luxury connoisseur and founder and president, The Horologists, who was at the Plaza on 31 October for an invite-only preview, said, “It's a welcomed development for the luxury industry.
01.11 / 12:37
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ED attaches assets worth ₹538 crore in case against Jet Airways founder Naresh Goyal, others
₹538 crore as part of its ongoing money laundering probe linked to Jet Airways. This includes more than a dozen residential flats, bungalows and commercial premises – located in London, Dubai and several Indian cities.
01.11 / 12:37
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Delhi bans entry of diesel buses, restricts construction work as air quality worsens to ‘very poor' category
Rai, after a review meeting, said in a press conference that despite the implementation of preventive measures under Stage 2 of the Central government's air pollution control plan, the pollution level in the national capital is continually rising due to drop in temperature and calm winds. The minister said these conditions are expected to persist for the next few days, making the next fortnight crucial for the national capital. He also requested the neighbouring states to ply only CNG, Electric or BS-VI buses from their depots so that passengers do not face any trouble.
01.11 / 12:31
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Stanley Druckenmiller says government needs to stop spending like 'drunken sailors,' cut entitlements
Billionaire investor Stanley Druckenmiller said the federal government has been spending recklessly and failed to issue debt at low rates in past years, mistakes that will ultimately lead to some tough choices in the future like cutting Social Security.
01.11 / 11:53
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Attacker Exploits Rounding Issue to Steal $2.1 Million From Onyx Protocol
DeFi project Onyx Protocol has fallen victim to a security breach, losing more than $2 million worth of crypto assets.
01.11 / 11:17
BTC
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Bitcoin Price Prediction: Nearing $35K, Whales Sustain Momentum
Bitcoin price prediction remains bullish as BTC is trading at $34,432 with a 0.64 percent increase on Wednesday, the push towards this crucial threshold is buoyed by the substantial influence of crypto whales.
01.11 / 10:13
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Time
The Death Rate for Babies in America Rose for the First Time in 20 Years
The rate of babies dying in the U.S. increased significantly for the first time in two decades, raising new alarms about maternal-infant health in America. The nation’s infant-mortality rate rose 3% from 2021 to 2022, reversing a decadeslong overall decline, the Centers for Disease Control and Prevention said Wednesday.
01.11 / 09:45
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UK stocks caught in 'doom loop' of decline, warn analysts
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01.11 / 09:39
FIVE
Pandya's return unlikely until's India's last league game against Netherlands on November 12
Netherlands on November 12. Pandya had hurt his left ankle while fielding on his own bowling in the game against Bangladesh in Pune on October 19. He missed the games against New Zealand and England and is also set to miss the fixtures against Sri Lanka on Thursday and South Africa on November 5.
01.11 / 09:39
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Mizoram elections: How a dark horse can disrupt decades-old equation
Mizoram has seen a two-party rule, with the Congress and the Mizo National Front (MNF) repeating governments, each ruling for two consecutive terms. But this time the poll math has become complex with the MNF falling out with its ally the Bharatiya Janata Party (BJP), a resurgent Congress under a new leader, and the rise of a new party that promises change and might emerge as the dark horse. The MNF, which is allied with the BJP's Northeast Democratic Alliance, won the elections in 2018 elections, bagging 27 seats while the Congress was able to win five and the BJP and the TMC bagged one each.
01.11 / 09:25
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Evergrande proposes offshore creditors get 30% equity stake in subsidiaries
Legal respite: China Evergrande's court hearing deferred to Dec 4; judge gives last chance for resolution plan The property developer's dollar bonds last traded at about 2.25 cents on the dollar on Tuesday, according to LSEG data, as bondholders weigh the possible recoveries in the revised restructuring plan against other options like a winding up. A lawyer representing an ad hoc group of key bondholders told a Hong Kong court on Monday the restructuring plan could have a higher recovery rate for creditors than a liquidation scenario of less than 3%.
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