FIVE Financial News

27.10 / 19:12
Target FIVE Booking Death Bill reports recommendations View: Don't let murderers hide behind mobs
Parliamentary Standing Committee on Home Affairs reviewing the three new criminal justice Bills, including the Bharatiya Nyaya Sanhita (BNS) 2023, is reportedly going to recommend that the punishment for murder by mob lynching on the grounds of caste or community — proposed as not less than seven years in BNS — be dropped and brought on a par with punishment for murder. This is a welcome suggestion.
27.10 / 19:12
Provident FIVE Waters Fighting President show SOLIDARITY EU calls for 'corridors and pauses' for Gaza aid
Hamas to get aid into Gaza, after hours of negotiations at a summit of the bloc in Brussels. The European Union has struggled for both unity and influence in the face of the crisis that has engulfed the Middle East since Hamas launched its bloody attack on Israel on October 7. The surge in bloodshed has divided Europe's attention at a time of rising doubts about the West's ability to keep supporting Ukraine in its fight against Russia. After five hours of talks, the leaders called for «continued, rapid, safe and unhindered humanitarian access and aid to reach those in need through all necessary measures including humanitarian corridors and pauses for humanitarian needs». They said the EU «will work closely with partners in the region to protect civilians, provide assistance and facilitate access to food, water, medical care, fuel and shelter». European Commission President Ursula von der Leyen insisted early on Friday there was «no contradiction between showing solidarity to Israel and, of course, acting on the need of humanitarian aid for the people of Gaza» after the leaders' talks ended. The 27-nation bloc has long been split between more pro-Palestinian members such as Ireland and Spain, and staunch backers of Israel including Germany and Austria. There has been strong condemnation of the Hamas attack, which Israel says killed at least 1,400 people and resulted in more than 220 people being taken hostage. But there was less consensus on urging any halt to Israel's retaliatory bombardment of Gaza, which the Hamas-run health ministry says has killed more than 7,000 people. The EU's call fell short of the demands from the United Nations for a «ceasefire», despite a last-ditch push from Spain to toughen the
27.10 / 19:03
Provident FIVE Airlines Strategy Parke performer track NFO Alert: Aditya Birla Sun Life Mutual Fund launches Transportation and Logistics Fund; all you need to know
Aditya Birla Sun Life Mutual Fund announced the launch of the Aditya Birla Sun Life Transportation and Logistics Fund. The scheme opened for public subscription on October 27, 2023, and will close on November 10, 2023. The scheme re-opens for continuous sale and repurchase within five business days from the date of allotment.
27.10 / 18:49
FIVE Action WhatsApp Actor recommendations Stocks rise after 6-day drop, but concerns linger
₹17.95 trillion in investor wealth. Analysts, however, refrained from calling this a recovery, labelling it as a “dead cat bounce" whose life is uncertain, given escalating geopolitical tensions and rising bond yields in the US. The rise coincided with foreign brokerage JP Morgan’s upgrade of India from neutral to overweight, days after Morgan Stanley put India on top of its overweight stance.
27.10 / 18:49
FIVE Action awards WhatsApp hospital reports Muslim leaders urge PM Modi to lay foundation stone for Ayodhya mosque, others oppose 'politicisation'
Narendra Modi to lay the foundation stone for an upcoming mosque in Ayodhya. The call to action came soon after the PM revealed that he had been invited for the consecration ceremony of the Ram temple in mid-January next year. However with construction yet to begin on the land allocated by the Supreme Court following the Ram Janmabhoomi-Babri Masjid verdict, many have also spoken out against the possible ‘politicisation’ of the matter.
27.10 / 17:59
Blockchain Target FIVE Maxim President social prevention Celestia Celestia's Core Values: Bridging Off-chain Governance with User-centric Network
Mustafa Al-Bassam, the trust-minimization engineer and co-founder of Celestia, elucidated the five cornerstone values governing the social layer of the Celestia network in a comprehensive post on 12th October 2023. These precepts are devised to bolster the trust-minimizing facet of the Celestia blockchain, ensuring a well-aligned community capable of consensus on protocol amendments.
27.10 / 17:45
Provident FIVE Career CEO Assurant Celebrity Bill Gates: Things Microsoft co-founder wishes he knew in his early 20s
Bill Gates, a college dropout who went on to become a global tech magnate, understands the value of taking unconventional paths. During his commencement address at Northern Arizona University, he provided invaluable insights and wisdom that would have benefited him in his early twenties if he had received it.
27.10 / 17:45
FIVE Man economy Remark Netflix travelers Why Bill Gates Used to Fly Economy? Know the Surprising Reason
Netflix co-founder Marc Randolph recently turned to X (previously Twitter) and offered an interesting story about Microsoft founder Bill Gates, the world's ninth richest man. Randolph stated that Gates used to fly economy class on a plane despite his $40 billion fortune. He also stated that Gates could easily afford to travel first class and explained why the Microsoft founder did not. «Bill Gates traveled by economy class most of the time, not because he was unable to pay for first class but rather because he did not believe it offered a good value.» «It's five or six times more expensive, but only marginally better [and you all arrive at the same time],» Randolph explained. The Netflix co-founder then explained why he doesn't waste money on unnecessary things. He explained that he could easily buy a really great automobile right now, but he had never been a car man, and he didn't need a Lamborghini.
27.10 / 17:01
FIVE love track song pop reports 1989 (Taylor’s Version): Decoding five tracks from Taylor Swift's new remake album
Taylor Swift, the acclaimed American singer-songwriter, released a re-recorded version of her revered 2014 album «1989» on Friday, titled "1989 (Taylor's Version). The new album was met with immense love and excitement by millions of her fans. «1989» was described by Swift as her first «official pop album,» where the tunes showcased her musical prowess. She effectively experimented with beautiful synth textures and acute hooks. After nearly a decade, Swift announced her re-recorded album following the end of the first part of her magnanimous «Eras Tour.” This new version of „1989“ consists of multiple fresh tracks that have captivated audiences worldwide.
27.10 / 16:20
Provident FIVE Waters Assurant hospital consequences medicines UN says 'soon many more will die' from Gaza siege
United Nations warned Friday that «many more will die» as a result of Israel's ongoing siege of Gaza, which has also caused sewage to flow into the Palestinian territory's streets. Israel laid a total siege on Gaza following the October 7 attacks by Hamas, cutting off food, fuel, water and power supplies to the enclave. "People in Gaza are dying; they are not only dying from bombs and strikes: soon many more will die from the consequences of (the) siege imposed on the Gaza Strip," said Philippe Lazzarini, commissioner general for the UN agency for Palestinian refugees (UNRWA). «Basic services are crumbling, medicine is running out, food and water are running out, the streets of Gaza have started overflowing with sewage.» Alongside the siege, Israel has bombarded Gaza with air and artillery strikes since October 7. The health ministry in the Hamas-run Gaza Strip says the strikes have killed more than 7,300 people, mainly civilians and many of them children. The strikes are in response to attacks by Hamas gunmen, who poured into Israel and killed around 1,400 people, mostly civilians, and kidnapped 229 more, according to Israeli officials. During a press conference in Jerusalem, Lazzarini — who said 57 UNRWA staff had been killed in Gaza during the war — called for more aid to be allowed into the territory immediately. «The current system in place is geared to fail. What is needed is meaningful and uninterrupted aid flow.
27.10 / 16:19
FIVE Extreme CEO Parke pandemic love reports Wilko stores will reopen on the High Street before Christmas
Wilko stores in Plymouth and Exeter. It's clear that there's a huge love for Wilko, stated the company's CEO. Wilko went bankrupt in early August, resulting in the loss of thousands of jobs and the closing of 408 stores, many of which were in traditional town centres. Former Wilko employees would be given preference in the recruitment process for the new stores, according to CDS Supermarkets, which owns The Range. When CDS purchased the brand, it intended to offer some Wilko products in its existing stores but did not intend to build additional Wilko locations. While these High Street venues are convenient for customers without cars, there has been a shift to larger retail parks and out-of-town options with more space since the pandemic. This, along with Wilko's failure to compete with other cheap businesses such as The Range, B&M, and Poundland, contributed to the company's demise. Customers reported difficulty finding the items they wanted on the shelves after Wilko failed to pay suppliers and at least one credit insurance withdrew its coverage, causing some companies to halt delivery to the stores. CDS is also proposing to open Wilko-branded stores in Northern Ireland for the first time. JK Wilkinson established Wilko in 1930 with the opening of his first store in Leicester.
27.10 / 16:19
FIVE Mobile Experts reports RIL Q2 Takeaways: How India's biggest conglomerate fared in September quarter
Reliance Industries' (RIL) second -quarter numbers were largely in line with expectations with 27% growth in net profit and a marginal increase in revenues. The company saw 29.7% YoY rise in consolidated net profit to Rs 19,878 crore for the September 2023 quarter. Revenue from operations rose 1.1% to Rs 2.34 lakh crore. Profit growth was led by operational and financial contributions from all business segments.
27.10 / 15:33
FIVE LGBT Death Bill reports recommendations India to criminalise homosexuality, adultery again? Parliament Panel may recommend reinstating Section 377: Report
Adultery to the Indian government, according to media reports. An India Today report citing people familiar with the developments, have said that the Parliamentary Standing Committee on Home Affairs has formulated a draft report which recommends bringing back the Adultery law, and criminalising non-consensual sex between women, men, or transperson. The report also said that despite requests of Hindi and English names, the panel is likely to recommend retaining the ‘Bharatiya Nyay Sanhita’.
27.10 / 15:33
FIVE WhatsApp show country reports Department prevention reserves India's forex reserves decline $2.36 billion to $583.5 billion: RBI Data
RBI. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. Gold reserves were up by USD 1.85 billion to USD 45.42 billion during the week, the RBI said.
27.10 / 15:33
FIVE Digital Platform Mobile WhatsApp Experts Reliance Q2 Results: Healthy growth in consolidated profit, EBITDA; 5 key highlights from RIL's Q2FY24 earnings
Reliance Industries (RIL), India's largest company by market capitalisation, on Friday (October 27) reported a 29.7 per cent year-on-year rise in its September quarter consolidated net profit at ₹19,878 crore. EBITDA, too, saw a healthy 30.2 per cent YoY rise to ₹44,867 crore while the EBITDA margin jumped 390 bps YoY to 17.5 per cent. Gross revenue, however, inched up marginally by 1.2 per cent YoY to ₹2,55,996 crore, supported by consumer businesses.
27.10 / 14:15
FIVE Experts Satin Creditcare Network Q2 Results: Net profit soars 89% YoY to Rs 103 crore
Satin Creditcare Network's net profit zoomed 89% at Rs 103 crore, on the back of lower credit costs and business expansion. The lender's net interest margin for the quarter was at 13.5%, above the annual guidance of 12.1-12.5%, chairman HP Singh said. Credit cost came down to 1.2% for the period from about 5% a year back. «We have observed a strong second quarter, surpassing the Rs 10,000 crore AUM and recording the highest ever profitability in the last five years,» Singh said. Satin's gross non-performing assets ratio stood at 2.38% at the end of September as compared with 3.96% a year back.
27.10 / 13:01
FIVE Adventure show beautiful cover information recommendations How and where to stream 'Five Nights at Freddy's': The spine-chilling experience awaits
Five Nights at Freddy's' has arrived, creeping into theaters on October 27. The fright fest is also available for streaming on Peacock. Dive into this guide to unveil the secret to watching the 'Five Nights at Freddy's' movie online, ensuring your spine-tingling experience.
27.10 / 13:01
FIVE CEO Platform economy country voice social Debate over 70-hour workweek in India heats up
At the same time though, flexibility needs to go hand-in-hand with accountability and responsibility – and workers need to put in that extra effort and work to take the economy forward, HR heads, startup founders, business advisors and consultants told ET. Infosys founder NR Narayana Murthy recently said on 3one4 Capital’s podcast that Indian youngsters need to work up to 70 hours a week to improve work productivity and enhance the country’s competitiveness on a global scale. The comment has stirred up a heated debate in social media and corporate circles, with the likes of Ola CEO Bhavish Aggarwal voicing his support, while some others on social media platform X have called it a ‘sweatshop attitude’. Many feel that working as much as 70 hours a week will take a toll on not just work-life balance but also mental and physical health. “After a while, the person may not remain intellectually alert.
27.10 / 13:01
FIVE Ball stage blues reports Training cricket Cricket World Cup: Shubman Gill takes special training ahead of India-England match
India's stylish opener, Subhman Gill attended the optional training section on Friday at Ekana Stadium in Lucknow ahead of Team India's clash against England on Sunday. During the training session, Gill called a member of the staff with special stuff, like a badminton racket and tennis ball, reported news agency ANI. Following this, he practiced a short ball as he was dismissed in a short ball against New Zealand, and this time he didn't want to repeat the mistake. Coming to India's previous game against New Zealand, which Rohit Sharma's side won easily, Sharma's side put New Zealand to bat first. 'Men in Blue' were off to a good start, reducing Kiwis to 19/2 in powerplay.

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