FIVE Financial News

11.10 / 17:25
FIVE Aviat CEO Action Experts testing ​Coast Guard recovers presumed human remains from Titan submersible wreck
Titanic wreck, the United States Coast Guard has successfully retrieved the remaining debris, including what is believed to be human remains. The ill-fated OceanGate underwater vessel went missing on June 18 during a mission to survey the final resting place of the Titanic. Onboard were five individuals, sparking an international search and rescue operation.
11.10 / 17:17
UPS FIVE Booking Parke Morningstar Experts Time SIPs hit all-time high, small cap funds see 37% dip in flows
NEW DELHI : Systematic investment plans (SIPs) into mutual funds hit an all-time high in September, crossing the ₹16,000-crore mark for the first time while inflows into small and midcap funds moderated amid sky-high valuations in some stocks. Net inflows into equity mutual funds dipped by 30% while debt fund outflows hit an 18 month high of ₹1.01 trillion, mutual fund body AMFI said Wednesday. SIPs stood at ₹16,042 crore in September, up from ₹15,814 crore a month ago.
11.10 / 17:17
COST UPS Lowe's FIVE Strategy Southern Can Srinivasan turn India Cements around?
Chennai: When India Cements Ltd (ICL) announced on 21 September that it had sold 73.75 acres of land in Andhra Pradesh’s Vizianagaram district to rival UltraTech Cement Ltd for ₹70 crore, it surprised long-term cement industry watchers. After all, N. Srinivasan, vice-chairman and managing director of Chennai-based ICL, had in the past been at the forefront in thwarting any attempts by national cement players such as Gujarat Ambuja or UltraTech from entering or expanding into south India.
11.10 / 16:41
FIVE information Vedanta incorporates subsidiary to implement demerger scheme
Mining major Vedanta on Wednesday said it has incorporated a wholly-owned subsidiary, Vedanta Base Metals Ltd, to implement the demerger of its five key businesses, including aluminium and oil and gas. «We wish to inform you that a wholly-owned subsidiary of the Company, in the name of 'Vedanta Base Metals Ltd' has been incorporated on October 09, 2023,» the company said in a filing to BSE.
11.10 / 16:41
FIVE Instagram show information reports shock ​Holly Willoughby's shocking exit from 'This Morning' unveils five major revelations
ITV's daytime show 'This Morning' for 14 years, sent shockwaves through her fanbase with the announcement of her dramatic departure. The 42-year-old host revealed her exit in an emotional Instagram statement, citing her decision as a difficult one and emphasizing her focus on family. In the wake of this revelation, several bombshells have surfaced that have left the public intrigued and inquisitive about the reasons behind her exit. Here are the five major revelations stemming from Holly Willoughby's sensational departure from 'This Morning.' 1. The Reason for Quitting: In a heartfelt statement shared on Instagram, Holly expressed that her decision to leave 'This Morning' was motivated by her family.
11.10 / 16:15
UPS FIVE Death voice electronic dance Canadian ‘hero’ died in Israel shielding others from Hamas, family says
Israel, where he was vacationing with friends and had been attending a music festival about five kilometres from the border with Gaza. But the festivities had been interrupted by Hamas militants storming into Israel, and Ohnona could hear screams and gunfire in the background as her son spoke to her.“He said, ‘Mommy, we’re in the middle of a terrorist attack,'” Ohnona said in an interview with Global News on Tuesday.A short while later, Look was dead, one of at least two Canadians who are among over 1,000 people now confirmed to have been killed in Israel since the attack by Hamas began Saturday.As of Tuesday, about 900 people have been killed in Gaza and the West Bank, including 260 children and 230 women, according to authorities there.
11.10 / 15:39
COST UPS FIVE copper Exclusive-Miners seek partners for copper assets as M&A heats up
By Clara Denina, Divya Rajagopal and Julian Luk
11.10 / 14:49
FIVE country Financial Government to soon announce financial outlay to boost sustainable mining
Coal minister Pralhad Joshi on Wednesday said a financial outlay will be announced soon to further strengthen sustainable mining in the country with a focus on green coal technology. Clean coal technologies have been developed and deployed to reduce the environmental impact of coal utilisation, he said while addressing the valedictory session of National Workshop on 'Global Experience Sharing on Just Transition'.
11.10 / 14:49
UPS Provident FIVE Digital Strategy electronic 500 Silicon Valley's embedUR Systems set to invest Rs 500 crores in Chennai
embedded technology company, embedUR Systems, is ramping up its presence in India with an investment of Rs 500 crores in Chennai over the next five years, the company's founder and chief executive Rajesh Subramaniam said in a media interaction on Wednesday. “Chennai’s strategic geographical positioning along with the availability of the vast engineering talent provides it with an immense potential to develop into a Global Embedded Systems Hub and become a key player in providing cutting-edge embedded technologies and transforming industries across the world," he said.
11.10 / 14:49
UPS FIVE Metro country cover blues open RAPIDX regional train service to open for public this month
This portion has five stations—Sahibabad, Ghaziabad, Guldhar, Duhai and Duhai Depot. Work at all these stations had completed in June this year and they are ready for operations. “In another six months from now, 25 kms more will be added to the RAPIDX network.
11.10 / 14:05
FIVE country reports BJP will win assembly elections in five states with thumping majority: Mukhtar Abbas Naqvi
BJP will retain power in Madhya Pradesh and also win assembly polls in four other states with huge majority on the back of good governance, inclusive empowerment and robust national security, former Union minister Mukhtar Abbas Naqvi said on Wednesday. Chhattisgarh, Madhya Pradesh, Rajasthan, Telangana and Mizoram will go to polls between November 7 and 30, and the counting of votes will be on December 3, as per the Election Commission. «The BJP will get a thumping majority in Madhya Pradesh and all other states due to its report card of good governance, inclusive empowerment, and national security,» a release quoting Naqvi said.
11.10 / 13:55
Provident FIVE Strategy Pool awards Interface innovations Uniswap Foundation Seeks $62.37M in Second Funding Tranche
The Uniswap Foundation has formally requested a second tranche of $62.37M in funding, according to a proposal posted on the Uniswap Governance Forum on September 27, 2023. This request is part of a two-tranche funding strategy that was approved last year, initially securing $74M for the foundation. The latest proposal aims to fuel the foundation's ongoing efforts in ecosystem development, governance, and innovation.
11.10 / 13:49
UPS FIVE Waters Extreme economy shock Global economic losses from extreme weather could hit $5 trln -Lloyd's
LONDON (Reuters) — Global economic losses could reach $5 trillion under a «plausible increase» in extreme weather events linked to climate change that cause crop failures and food and water shortages, insurance marketplace Lloyd's of London said on Wednesday.
11.10 / 13:02
UPS Waves FIVE Gap Apple reports 500 S&P 500 Rally Pauses at Key Resistance: Fed Minutes, Key Data in Focus
The S&P 500 finished about 50 bps today higher but had been up more than 1% at one point—stocks turnaround after 1 p.m. ET, following a weak 3-Year Treasury auction.
11.10 / 12:33
COST UPS FIVE Manufacturing country Thomson to consider exporting India-made products to global mkts; to enter domestic laptop segment
Thomson will enter the laptop market in India in the next two quarters and is also considering to export smart TVs and other products manufactured in the country to foreign markets, a company official said on Wednesday. Thomson, owned by Technicolor SA, said it is «pretty satisfied» with the quality and standards of manufacturing by its India brand licensee Super Plastronics Pvt Ltd (SPPL), which is investing Rs 300 crore to set up a fully-automated plant at Hapur in UP to increase its manufacturing capacity to 2 million TV units per annum.
11.10 / 11:19
Waves Target FIVE Citizens Southern Death reports Israel Defense Forces carries out drone strike against Hezbollah post in southern Lebanon
IDF) has said it carried out a drone strike against a Hezbollah post in southern Lebanon in response to an anti-tank guided missile attack on an army post on the border, which was claimed by the terror group, The Times of Israel reported. The IDF said it also launched artillery strikes against the source of the missile fire. The IDF earlier said an anti-tank missile was launched from Lebanon towards a military post near the community of Arab Al-Aramshe. Taking to X, the Israeli Defence Forces (IDF) stated, «An anti-tank missile was launched from Lebanon toward a military post adjacent to the community of Arab Al-Aramshe on the #BlueLine.» A suspected infiltration attempt occurred near the border town of Rosh HaNikra. A senior Israel Defence Forces (IDF) officer and two soldiers were killed during a firefight with terrorists who infiltrated into Israeli territory from southern Lebanon on Monday afternoon, the military confirmed on Tuesday. Five additional Israeli troops were wounded in the attack, according to the IDF. The officer was identified as 300th Brigade Deputy Commander Lt Col Alim Abdullah, 40, from the Druze village of Yanuh-Jat in northern Israel. Meanwhile, the IDF said it targeted the Islamic University of Gaza, which serves as an «important centre of political and military power for Hamas in the Gaza Strip». In a post shared on X, the IDF stated, «Fighter jets recently attacked the Islamic University, which serves as an important centre of political and military power for the terrorist organization Hamas in the Gaza Strip and a training institution for the development and production of weapons.
11.10 / 11:17
FIVE WhatsApp Threat India set to restrict sugar exports in threat to global supply
new season that started Oct 1, and a decision will be made soon, said people familiar with the matter who asked not to be identified as the talks are confidential. Quotas for some overseas sales can be issued if domestic supply improves, they said. India recorded its weakest monsoon in five years and any drop in agricultural output will heap pressure on the government of Prime Minister Narendra Modi to control food inflation ahead elections next month and in 2024.
11.10 / 10:47
UPS Provident FIVE Instagram Ballard cover reports Five women sue 'Sound of Freedom' inspirer Tim Ballard, alleging sexual assault and battery
Tim Ballard, the individual whose life story inspired the movie «Sound of Freedom,» with accusations of sexual assault and battery. The lawsuit, filed in the Third Judicial District Court of Utah on Monday, follows the recent revelation that Ballard had resigned from Operation Underground Railroad (O.U.R.), the non-profit organization he established. Ballard had been under investigation by an independent firm hired by O.U.R., examining allegations of coercing at least seven women into playing the role of «wives» during overseas missions, an allegation he vehemently denied. The lawsuit, which was filed on Monday, includes a woman referred to as «WW.» She had reached out to Ballard on Instagram in April 2021, suspecting that the person she was dating might be involved in human trafficking.
11.10 / 10:47
UPS Target FIVE Digital Strategy track Time When is the right time to exit a mutual fund & what are the tax implications? Shilpa Bhaskar Gole explains
Shilpa Bhaskar Gole, Founder & Chief Financial Wellness Coach, NerdyBird Financial Wellness, says “when you are reviewing your portfolio, what are some of those reasons which could lead you to having an exit strategy? I find in my area of work that there are four or five typical reasons why people will want to exit from the mutual fund. One question that I get asked most often is, I am invested for a long-term goal. You were also mentioning mutual fund as a long-term strategy. When is a good time for me to get out of this mutual fund and redeem my amount? That is number one.” Do you come across a question where people ask you how one should exit a fund or if that even exists as a concept when you talk about investing in a mutual fund? A lot of my clients ask me this question around exiting mutual funds. I think the first assumption that one must have is that you are talking about people here who are reviewing their portfolio on a regular basis and are reviewing it from the perspective of goal-based asset allocation. We are saying that whatever mutual funds you have in your portfolio are there to help you accomplish your goals. With that assumption in mind, a lot of clients come to me with that question. What we look for is what these exit cues are.
11.10 / 10:47
UPS FIVE Citizens Extreme country reports Lock your biometrics, prevent hacking linked to Aadhaar card: Ritesh Bhatia
Ritesh Bhatia, Cybercrime Investigator & Cybersecurity Consultant, says “from a user point of view, there is nothing much you can do except for locking your biometrics. I think that is something that every citizen of the country needs to do because somewhere or the other, the fingerprints can be stolen.” There are many reports about hacking of the biometrics linked with the Aadhaar card. Your view? When this entire debate on Aadhaar was going on, we were very concerned about it. We raised these questions that biometrics can be hacked and they said, no, it cannot be done and today it is a reality. It has been happening just like five years back we thought Deepfakes cannot happen but very soon that is going to become a part and parcel of your life. In fact, some of the anchors have already started creating Deepfake versions of themselves. So, what is happening over here is that there is something called AEPS, which is the Aadhaar Enabled Payment System. Now, what exactly is it? Now, if you go to some small villages where there are no ATMs or banks or are at quite a distance, there are micro ATMs or the POS devices, as we call it. They are very small. You just need to give your fingerprint over there, authenticate yourself and you will be given the money. Now, the money that is given is just Rs 10,000. Of course, you can withdraw more but the maximum limit is Rs 10,000 at one time and Rs 50,000 in the day, which means five times you can do this.

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