FIVE Financial News
08.10 / 17:20
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Israeli hostages complicate plan for 'mighty vengeance' against Hamas
Benjamin Netanyahu's options for hitting Hamas over its deadly incursion into Israel could be reined in by concern for the many Israelis seized in the raid, as a nation scarred by past hostage crises faces perhaps its worst one yet. In a dramatic assault launched from Gaza on Saturday, the Palestinian group Hamas stormed into Israeli towns, killing more than 600 Israelis and escaping with dozens of hostages, in the deadliest day for Israel since the 1973 war. Netanyahu has vowed «mighty vengeance» but the fate of the Israeli soldiers, elderly people, women and children taken into Gaza — the numbers are still unclear — complicates how Israel delivers on its promise to hit back hard and fast, while sticking to a longstanding principle of leaving no one behind. Israelis are reeling from the assault and from images of fellow citizens being bundled off to Gaza. «There is no chance she will come back,» sobbed a young Israeli girl, talking about her sister who was killed in the attack, while she and her parents were held hostage. She was shown in a video posted on the social media platform X by senior Israeli Ministry of Foreign Affairs official, Ambassador David Saranga. In 2011, Israel swapped hundreds of Palestinian prisoners to win the release of one Israeli soldier, Gilad Shalit, who was held for five years.
08.10 / 17:20
UPS
FIVE
Strategy
Remark
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committee
Poll strategy, caste census set to dominate Congress Working Committee meet
caste census and poll strategies are set to dominate the Congress Working Committee (CWC) meeting here on Monday, with Assembly elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram set to be announced soon. Congress president Mallikarjun Kharge, former party chiefs Sonia Gandhi and Rahul Gandhi, the chief ministers of all the Congress-ruled states and the top party brass will deliberate on election preparedness and narratives across the poll-bound states at length, besides holding extensive discussions on the party's firm pitch for a nationwide caste census and its implications.
08.10 / 16:59
UPS
Target
FIVE
Fox
Racing
President
US election
War in Israel a new front in US election campaign
Hamas assault on Israel has opened up a new front in the US election campaign as Republicans accuse President Joe Biden of being soft in his defense of Israel and in his handling of Iran. «I think this is a great opportunity for our candidates to contrast where Republicans have stood with Israel — time and time again — and Joe Biden has been weak,» Ronna McDaniel, chairwoman of the Republican National Committee, said Saturday on Fox News. Americans will choose a new president and control of Congress in November 2024, with Biden, 80, seeking another term in a race that looks likely to pit him against former president Donald Trump as the Republican candidate. Trump used the stunning Hamas attack by land, sea and air at dawn Saturday to target Biden. «The Israeli attack was made because we are perceived as weak and ineffective and with a very weak leader,» he said. Other Republican presidential hopefuls, like Florida Governor Ron DeSantis and former vice president Mike Pence, also dimissed Biden as weak. A stern-faced Biden gave a short speech from the White House on Saturday to stress firm US support for Israel. «Today, the people of Israel are under attack, orchestrated by a terrorist organization, Hamas,» Biden said. «In this moment of tragedy, I want to say to them and to the world and to terrorists everywhere that the United States stands with Israel.
08.10 / 13:49
UPS
FIVE
Career
love
Celebrity
country
At what age do you hit the peak of your career?
in 2019 at the age of 97, scientists breathed a sigh of relief. Many had worried that the committee would not get around to honouring his groundbreaking work on lithium-ion batteries from 1980. Goodenough (who died this year) was the oldest winner of the world’s foremost research prize.
08.10 / 12:29
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FIVE
Aviat
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country
travelers
IIFCL gives wings to aviation sector; sanctions loans worth ₹8,800 crore for infrastructure boost
₹8,800 crore for the industry, Director PR Jaishankar has said on Sunday. "So far, the IIFCL has sanctioned loans of about ₹8,800 crore with the disbursement of around ₹4,000 crore for the development of airport projects," he told PTI. He underlined the need to invest heavily in the industry to achieve the target to develop the civil aviation sector in the country.
08.10 / 12:03
FIVE
Yellow
shootings
show
country
2024
Record medal haul in Hangzhou Asian Games promises a bumper harvest in 2024 Paris Olympic
India, with a record haul of 107 medals at the Hangzhou Asian Games, has written a glittering chapter in the country's sporting history, while also giving a strong reason to start dreaming about a best-ever Olympic performance next year in Paris. The 660-strong contingent bagged 28 gold, 38 silver and 41 bronze at the continental showpiece, fetching 37 more medals than at the 2018 Jakarta Games. Indian athletes even surpassed their own expectations in some of the events such as shooting and archery, giving the country its best ever hauls in these disciplines.
08.10 / 12:03
FIVE
Man
Mercedes-Benz
CAT
Bill
Why are US Marshals auctioning 'Omi in a Hellcat's' multimillion-dollar car collection?
YouTube sensation, "Omi in a Hellcat," is facing a dramatic downfall as the US Marshals prepare to auction off his extravagant car collection, including a Power-Rangers-themed Lamborghini. Bill Omar Carrasquillo, the man behind the YouTube handle, was sentenced to five and a half years in prison for engaging in a complex criminal scheme involving piracy of cable TV, access device fraud, wire fraud, money laundering, and substantial copyright infringement.
08.10 / 12:03
FIVE
Celebrity
Ladakh-Kargil Elections: Congress wins 7 seats, National Conference follows with 5 seats and BJP secures 2 seats
Kargil after the abrogation of Article 370 and the creation of the Ladakh union territory, Congress won seven seats, National Conference won five seats and BJP won two seats, the officials said. The elections were held for the fifth Ladakh Autonomous Hill Development Council (LAHDC)-Kargil.
08.10 / 10:47
FIVE
TCS
WhatsApp
performer
country
Mcap of five of top-10 most valued firms jumps ₹86,234 crore, TCS emerges as biggest gainer
₹86,234.73 crore in a holiday-shortened last week, with Tata Consultancy Services (TCS) emerging as the biggest gainer. The holiday-shortened week witnessed a jump in the market valuation of five of top-ten most valued firms ₹86,234.73 crore. Out of the five best performers Tata Consultancy Services (TCS) ermeged as the biggest winner.
08.10 / 10:43
FIVE
Death
compensation
Bihar: 22 drown while taking bath during Jivitputrika festival; CM announces Rs 4 lakh compensation
Bihar in separate incidents, officials said on Sunday. The incidents took place in the last 24 hours when a majority of them were bathing for Jivitputrika festival, during which women fast for the well-being of their children, they said.
08.10 / 09:21
Provident
FIVE
Booking
Aviat
Airlines
WhatsApp
SOLIDARITY
Israel-Hamas war: Air India suspends flights to and from Tel Aviv till Oct 14
Hamas fighters raided settlements close to the Gaza Strip and fired thousands of rockets toward Israel. "Our flights to and from Tel Aviv will remain suspended till 14th October, 2023, for the safety of our passengers and crew," a spokesperson of Air India said. Catch live updates of Israel-Hamas conflict The airline would provide all possible support to passengers who have confirmed bookings for the flights that have now been cancelled, the statement added.
08.10 / 08:49
08.10 / 08:25
FIVE
Booking
Fighting
Airlines
country
SOLIDARITY
Air India cancels flights to and from Tel Aviv till Oct 14
Air India on Sunday announced canceling flights to and from Tel Aviv till October 14, 2023, in wake of the recent unrest in Israel. Israel came under attack by Hamas militants on Saturday and since then, both sides are engaged in fighting in which scores of people have died. «Our flights to and from Tel Aviv will remain suspended till 14th October, 2023, for the safety of our passengers and crew,» an airline spokesperson said in a statement. The airline will extend all possible support to passengers who have confirmed bookings on any flight during this period, the spokesperson added. The full service carrier operates five weekly flights to Tel Aviv from the national capital.
08.10 / 07:35
UPS
FIVE
Manufacturing
Experts
track
country
testing
India's electric vehicle boom: Where is the missing talent?
₹10 lakh - ₹35 lakh salary range are sought after. During a job change in the auto sector, one can expect a 25% salary increase, which can rise to 50% for those with EV-specific experience. Headhunters are witnessing a surge in demand as automakers diversify their EV product lines.
08.10 / 07:09
UPS
Citi
FIVE
pandemic
President
country
hospital
open
Accor plans to open 30 new hotels in India in 3-5 years
Accor plans to open 30 new properties in India in the next three to five years to tap the huge potential here, according to its Senior Vice President Operations, India and South Asia, Puneet Dhawan. The hotel chain, which has nine brands in India out of 40 from its global portfolio, will also consider introducing more brands in the country to cater to different segments of customers here.
08.10 / 07:07
08.10 / 07:07
08.10 / 04:44
COST
FIVE
Digital
CEO
shootings
consequences
Where to find value or growth or both in the next two or three years? Sunil Subramaniam explains
Sunil Subramaniam, MD & CEO, Sundaram Mutual, says “we believe that the capital allocation from the markets has not gone towards discretionary consumption as much as it should have and consequently that, especially the premiumisation of consumption, which is very strong. As per capita income grows, we are already seeing the beginning of premiumisation in automotives, in housing. We are seeing high-end properties, high-end cars selling much faster. We believe that that is a segment which is fully not tapped yet.” Where are you spotting opportunities, either deep value or companies or businesses which are at a cusp of either market share gain or earnings recovery, like pharma and cement. Can you be more specific about where you are finding a combination of either value or growth or both in the next two or three years ? I think that because it's a relative feature. What has happened is that the market has diverted attention towards capital goods and infrastructure heavily over the last few months and hence discretionary consumption has tended to suffer. We believe that is the real cyclical story, because a), they are rate sensitive as EMIs are involved in the purchase of most discretionary consumption items but b)they are highly cyclical because it is mostly middle and small cap companies which borrow heavily and hence interest costs are very high and their plant and investment costs are also very high. So, they are highly leveraged.
08.10 / 02:39
07.10 / 22:45
UPS
FIVE
Digital
Progressive
economy
country
reports
Why it could be a little hard for India to clinch favourable free trade pacts with UK, European Union
British Parliament that both sides had already closed the majority of chapters, but added that his country would accept only a “fair and reciprocal” trade deal. A year later, hard negotiations are still continuing. UK PM Rishi Sunak said last month that there was progress in talks but he “won’t rush” into a deal.
07.10 / 21:15
FIVE
Art
Man
Manufacturing
Dreams
Southern
donates
Berkshire Hathaway's Charlie Munger gives $40 million in stock to California museum
Investor Charlie Munger, Warren Buffett’s right-hand man for more than five decades, has made a $40 million gift to a California museum he has supported in the past
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