FIVE Financial News
06.10 / 17:03
FIVE
Citizens
Action
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social
gatherings
Be visible, accessible, neutral and ethical in functioning: EC to poll observers
assembly elections in five states, the Election Commission on Friday told poll observers to be visible, accessible, neutral and ethical in their functioning. Addressing over 1,100 observers, Chief Election Commissioner Rajiv Kumar directed them to ensure a level-playing field by working in a coordinated manner to ensure free, fair and inducement-free polls. The observers will be deployed for the forthcoming elections to the legislative assemblies of Mizoram, Chhattisgarh, Madhya Pradesh, Rajasthan and Telangana.
06.10 / 15:57
UPS
FIVE
Progressive
Nov
show
reports
Fed seen leaning toward another rate hike after big jobs gain
A hotter-than-expected jobs report will likely nudge the Federal Reserve toward raising interest rates again by the end of the year.
06.10 / 15:39
06.10 / 15:33
06.10 / 15:33
06.10 / 15:33
UPS
FIVE
Ford
economy
reports
Department
Live news: Canada adds 64,000 jobs in September, blasting past expectations
A hotter-than-expected jobs report will likely nudge the United States Federal Reserve toward raising interest rates again by the end of the year.
06.10 / 15:31
UPS
FIVE
Reuters
CME
show
reports
Weekly
US dollar set for 12th weekly gain after blowout jobs number
interest rates again this year. The last time the dollar hit that milestone was in 2014. The greenback this week was up 0.5%, but those 12 consecutive weeks of rises translated to an 8% increase in the dollar's value.
06.10 / 15:31
UPS
Provident
FIVE
country
Huge potential for rooftop wind power generation: Gujarat govt
Gujarat government says there is a huge potential for small-scale wind power rooftop power projects as well. The renewable energy (RE) policy announced on Wednesday has made provision for setting up small-scale wind power projects on rooftops. “Small scale wind projects can be installed by consumers on rooftops or within premises under a net metering arrangement to offset their own consumption or under a gross metering arrangement and sell the entire generation to DISCOM, as per the applicable regulations of GERC.
06.10 / 14:17
FIVE
Man
WhatsApp
India to build its own space station in next 25 years: ISRO chief
He said that an Indian space station is in ISRO's plan for the coming twenty to twenty five years. The Indian space agency will be focusing on manned exploration, a human spaceflight for longer duration, space exercise in coming time. “Our Gaganyaan program is towards a human space flight capability to space.
06.10 / 13:53
Provident
FIVE
Manufacturing
COMPOSITE
BBC
innovations
Prada to design spacesuit for Nasa's astronauts
Prada is collaborating with NASA through private company Axiom Space to create cutting-edge space suits for astronauts. These next-generation space suits are slated for use in NASA's Artemis Mission III will follow Artemis 2, which will involve flying a capsule around the Moon late next year or early in 2025. «Prada has considerable experience with various types of composite fabrics and may actually be able to make some real technical contributions to the outer layers of the new space suit,» Professor Jeffrey Hoffman told BBC.
06.10 / 13:39
Provident
FIVE
economy
show
country
reports
What the RBI’s monetary policy report says about inflation drivers, in charts
Mint delves into the specifics of the monetary policy report in five charts: Despite the recent rise in crude oil prices, the central bank retained its baseline assumption of $85 a barrel for the Indian basket for the second half of the fiscal year. While Brent crude prices had risen to as much as $98 a barrel in September, they fell below $90 on Friday. However, oil prices are known to be volatile and if they settle above $90 for longer, the RBI's inflation projections could prove to be an underestimate.
06.10 / 11:59
IPO
FIVE
JPMorgan
TCS
performer
information
reports
Buyback
TCS to consider share buyback on October 11; Details here
Also Read: India's bond yield posts biggest single-day jump in 17 months; What's fuelling the rise? “Pursuant to Regulation 29(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors will consider a proposal for buyback of equity shares of the Company, at its meeting to be held on October 11, 2023," TCS said in its BSE filing on Friday. Also Read: Sunita Tools IPO allotment finalised; here’s how to check IPO allotment status The buyback comes at a time Indian IT services companies are grappling with an uncertain demand environment, especially in the U.S., a key market for the sector.
06.10 / 11:17
FIVE
Dreams
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fun
recommendations
Investing evolves but some principles are evergreen, Charles Schwab reveals
Fifty years ago, many of today’s hottest investing preferences were the stuff of science fiction, but the fundamentals of investing were reassuringly similar.
06.10 / 11:17
FIVE
Progressive
Career
President
AIG
New private fixed income leaders for SLC Management
The head of private fixed income at SLC Management is to retire at the end of the year and will be succeeded by two co-heads.
06.10 / 11:17
FIVE
Cooper
Aware
Google
Discover
Immunic
FTX co-founder admits multi-billion-dollar fraud
FTX co-founder Gary Wang said he and Sam Bankman-Fried committed a multibillion-dollar fraud with customer funds that led to the cryptocurrency exchange’s collapse, shortly after taking the stand against his onetime math camp buddy and MIT roommate.
06.10 / 11:15
UPS
FIVE
Citizens
country
Priyanka Gandhi promises caste survey in Chhattisgarh if Congress retains power after polls
Congress general secretary Priyanka Gandhi Vadra on Friday said if her party retains power in Chhattisgarh after the upcoming assembly polls, a caste census will be carried out in the state on the lines of a similar exercise conducted in Bihar. Addressing 'Nagariya Nikaay Evam Panchayati Raj Mahasammlen', an event of the Congress government in Chhattisgarh's Kanker district, she also promised ten lakh houses for the poor if her party gets elected again in the polls due by the year-end. Hitting out at the BJP-led government at the Centre, Gandhi alleged it is for the rich and has no concern for the poor or the middle class. «If the Congress party again elected to power in Chhattisgarh, a caste census will be carried out in the state on the lines of a caste survey conducted in Bihar,» she said.
06.10 / 10:39
FIVE
Extreme
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Death
country
2020
Home Minister Amit Shah reviews security situation in Naxal-hit states
Home Minister Amit Shah on Friday reviewed the security situation in Naxal-affected states where violent incidents have come down by 77 per cent in 2022 in comparison to the high of 2010, officials said. The review meeting was attended by the chief ministers of Maharashtra, Andhra Pradesh and Jharkhand. Maharashtra Deputy Chief Minister Devendra Fadnavis also attended the meeting where Odisha, Bihar, Madhya Pradesh and Chhattisgarh were represented by state ministers.
06.10 / 10:33
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peace
Nobel Peace Prize 2023: Jailed Iranian activist Narges Mohammadi awarded for ‘fight against oppression of women’
Nobel Prize in Literature awarded to Norwegian author Jon Fosse "This prize is first and foremost a recognition of the very important work of a whole movement in Iran with with its undisputed leader, Nargis Mohammadi," said Berit Reiss-Andersen, the chair of the Norwegian Nobel Committee who announced the prize in Oslo. Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! "The impact of the prize is not for the Nobel committee to decide upon.
06.10 / 10:33
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FIVE
Merit
NIFTY
SENSEX
Market close: Nifty 50, Sensex extend gains into second straight day; investors earn over ₹2 lakh crore in a day
Nifty 50 today: Frontline indices the Sensex and the Nifty 50 ended higher on Friday, October 6, extending their gains into the second consecutive session after the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) maintained a status quo on repo rates and policy stance, in line with expectations. RBI's MPC unanimously decided to keep the repo rate unchanged at 6.5 per cent on Friday. The central bank also retained its policy stance as the "withdrawal of accommodation" with five out of six MPC members voting in favour of this.
06.10 / 09:35
COST
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information
Five shares to watch 2023 – third quarter update
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06.10 / 08:16
Target
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Experts
RBI Governor's Kapil Dev Policy: Playing the economic pitch on merit, say experts
repo rate unchanged at 6.5 per cent on Friday (October 6) and also retained its policy stance as the "withdrawal of accommodation" with five out of six MPC members voting in favour of this. Growth and inflation projections also did not see any remarkable revision. However, the tone of the governor was hawkish as he emphasised the central bank was targeting inflation near 4 per cent and not between 2-6 per cent.
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