FIVE Financial News

16.09 / 07:53
UPS Provident FIVE Extreme Strategy Inside Sunak 2024 UK PM Rishi Sunak's strategy: Paint Keir Starmer as 'Captain Hindsight' to forge ahead in 2024 polls
rise of AI, the people said. To that end, Sunak and his top political aides have been focused on crafting bolder policy proposals to roll out in the coming weeks, designed to present a forward-looking vision for voters. The hope is that the strategy will reinforce a common criticism of Starmer, that he’s cautious and uninspiring, and chip away at Labour’s roughly 20-point lead in the polls.
16.09 / 07:53
FIVE Enterprise Mauritian regulator revokes licences of Adani-linked firm under probe: Report
The Indian Express, the Mauritian financial regulator Financial Services Commission (FSC) revoked the business and investment licences of Emerging India Fund Management Ltd (EIFM), the controlling shareholder of two Mauritius-based funds in May 2022. The regulators alleged a breach by EIFM of several provisions of laws meant to curb money laundering and ensure corporate governance, the daily added.
16.09 / 06:59
UPS FIVE show Support economic data China economic data show signs slowdown may be easing, as central bank acts to support growth
China has reported its factories picked up their pace and retail sales also gained momentum in August, suggesting the economy may be gradually recovering from its post-pandemic malaise
16.09 / 06:59
UPS FIVE Man SAP Southern country social Updates Nipah virus outbreak in Kerala: All educational institutes in Kozhikode shut till September 24. Top 10 latest updates
Nipah virus has been reported in Kerala, triggering a panic in the southern state of India. Nipah virus is caused by fruit bats and is potentially fatal to humans as well as animals. Along with respiratory illness, it is also known to cause fever, muscular pain, headache, fever, dizziness, and nausea.
16.09 / 06:33
UPS Provident Waves FIVE Strategy Rishi Sunak’s last-ditch plan to save his job: Don’t look back
Rishi Sunak branded Keir Starmer “Captain Hindsight.” But the meme-ready moniker gives away more than a little about the UK prime minister’s plan to save his job: Don’t look back. Barrel ahead.
16.09 / 06:33
COST Provident Lowe's FIVE Gap cover United States largest public university system to hike tuition six per cent annually for next five years
California State University, the nation's largest public university system, voted Wednesday to raise student tuition by 6% each year for five consecutive years to try to narrow a $1.5 billion deficit, a decision that some students called disheartening. The university's governing board voted 15-5 to approve the increases that will start across the 23-campus system in the fall of 2024. Annual tuition for full-time California undergraduate students will increase by $342 next year to $6,084. By the 2028-2029 school year, those students will be paying $7,682. The tuition hikes are needed to provide support to students, both through financial aid and programs to help them succeed academically, university officials say. The extra revenue is also needed to give more resources to faculty and staff and maintain school facilities, according to a report about the system's finances released in May. The report found the system with 460,000 students, many of them minorities and first-generation college students, has enough revenue to cover about 86% of what it actually costs to meet student, staff, and institution needs, leaving it with a $1.5 billion gap. «We are at a crossroads and if we don't do it now… it's going to get more and more difficult,» said Julia Lopez, a CSU trustee and the co-chairperson of the working group that wrote this report.
16.09 / 06:33
UPS MET FIVE Digital Celebrity country Niantic aims to increase Pokemon Go monthly active users tenfold in 3-5 years
Pokemon Go maker Niantic aims to increase the number of monthly active users for the game in India by tenfold in the next three to five years, a top executive said. “That's going to take a significant investment, but it’s one that we're committed to," Omar Tellez, vice president for emerging markets at the company, told ET, highlighting the importance of the India market.
16.09 / 05:25
Citi FIVE Platform Action Sikh Sikh student assaulted with beer, pepper spray in Canada, 2nd attack this year; India calls for prompt action
In yet another case of hate crime in Canada against Sikhs, a 17-year-old high school student was assaulted at a bus stop after an altercation with another teenager in Canada's British Columbia province. The student was reportedly attacked with beer of beer or pepper spray by another teenage student after exiting a public transit bus on his way home on September 11.
16.09 / 05:25
FIVE ISIS radicalisation and recruitment case: NIA raids 30 locations in Tamil Nadu, Telangana
National Investigation Agency (NIA) conducts raids at 30 locations in both Tamil Nadu and Telangana in ISIS Radicalization and Recruitment case. The raids are underway in 21 locations in Coimbatore, 3 locations in Chennai, 5 locations in Hyderabad/Cyberabad, and 1 location in Tenkasi.
16.09 / 05:05
Citi Twitter MET FIVE Action love Sikh India strongly condemns assault on Sikh student in Canada, calls for prompt action
Consulate General of India in Vancouver has strongly condemned the assault on a Sikh student in Canada's British Columbia province and called for prompt action against perpetrators. The 17-year-old Sikh student was either «beer or pepper sprayed» by another teenage student after exiting a public transit bus on his way home on September 11. The Indian student was assaulted at the intersection of Rutland Rd S and Robson Rd E in Canada's British Columbia, according to a statement by the Royal Canadian Mounted Police. In a post shared on X, formerly known as Twitter, the Consulate General of India in Vancouver stated, "@cgivancouver strongly condemns assault on an Indian national in Kelowna and requests Canadian authorities to investigate the incident and take prompt action against the perpetrators." The Royal Canadian Mounted Police in a statement said, «On September 11th, 2023, just before 4:00pm, Kelowna RCMP were dispatched to a pepper spray incident at the intersection of Rutland Rd S and Robson Rd E. Officers determined a 17-year old Sikh student was either bear or pepper sprayed by another teenaged male after exiting a public transit bus on his way home.» It said there was an altercation on the bus prior to the beer spray incident which resulted in those involved being directed off the bus.
16.09 / 05:05
Target FIVE Manufacturing Multibagger screener: This BSE500 stock turned Rs 10,000 to Rs 4 lakh in just 10 years
Lloyds Metals and Energy have offered massive returns to investors in the last 10 years, rising as much as 4400% over the decade. Accordingly, if an investor had invested Rs 10,000 in the stock 10 years ago and stayed put, the investment would have swelled to Rs 4.4 lakh, according to an analysis by ET Markets. In the last 3 years, the stock has surged 5100% and gave returns of 1,860% in the last five years. Lloyds Metals and Energy, a BSE500 company with a market capitalization of about Rs 28,944 crore, manufactures sponge iron. The company also operates a cogeneration waste heat recovery plant to recover heat from its kilns. It has an EPS of 20.70 on a trailing twelve month (TTM) basis and the stock is currently trading at a PB of 18.93. According to the latest shareholding pattern available with the exchanges, promoters own a majority of the stake at 65.75%, while the rest of 34.25% lies with public shareholders. Among the public shareholders, mutual funds and foreign investors have no stake, while retail investors have a combined holding of 5.68% in the company. Lloyds Metal has presently undertaken fresh geological surveys for iron ore reserves.
16.09 / 04:09
FIVE Strategy Celebrity Reconstituted CWC to hold first meeting in Hyderabad; strategy for assembly, Lok Sabha polls on agenda
Congress Working Committee (CWC) will be held here on Saturday to evolve a strategy for the upcoming assembly polls in five states and the 2024 Lok Sabha elections. Holding the crucial meeting in the Telangana capital, the Congress is also looking to send out a message that it will go all-out to dislodge the BRS government in the poll-bound state. The brainstorming of the Congress top brass during the meeting would prove to be a «game changer» and a «transformative moment» for Telangana politics and the party, leaders said. Announcing the detailed plan for the CWC meeting to be chaired by Congress chief Mallikarjun Kharge, general secretaries K C Venugopal and Jairam Ramesh on Friday said this is for the first time in many years that the party's top decision-making body will hold deliberations for three days outside Delhi. The CWC will meet at 2:30 pm on Saturday and deliberate on the strategy for the upcoming assembly elections and the Lok Sabha polls. Talking about the deliberations to be held on Saturday, Venugopal said, «The Congress president will be present.
16.09 / 04:09
Provident FIVE Fox Platform Action TikTok safe TikTok fined $379 million for failure to keep children's data safe in EU
TikTok has been fined 345 million euros ($379 million) by the Irish Data Protection Commission (DPC) for failing to keep kids' data safe on its platform. The fine, under the European Union's General Data Protection Regulation (GDPR), was announced in relation to TikTok's processing of personal data relating to child users of its platform. TikTok was found to have violated eight articles of the GDPR.
16.09 / 03:45
Target FIVE ETF Action Fighting Yellow country Fed rate hike Gold price trades range-bound on US Fed rate hike worries. Buy or wait for more correction?
Gold rate today: Ahead of US Fed's FOMC meeting scheduled next week, gold prices remained in a broader range of $1,880 to $1,930 per ounce. However, the precious metal prices exhibited relative stability over the past week, with prices closing nearly unchanged at $1,923 levels in international market whereas it ended at ₹58,999 per 10 gm levels on MCX (Multi Commodity Exchange).
16.09 / 03:45
FIVE Reuters Progressive country Canadian Minister postpones trade mission to India amid diplomatic tensions
G20 summit in New Delhi. Shanti Cosentino, a spokesperson for the minister said, “At this time, we are postponing the upcoming trade mission to India", according to a report published by Reuters. PM Modi who held formal bilateral meetings with many world leaders during the G20 summit, snubbed Canadian Prime Minister Justin Trudeau, allowing only a short, informal meeting on the sidelines five days ago.
16.09 / 03:45
UPS FIVE Buyback week L&T buyback opens next week. Date, ratio, price, other details in five points
L&T buyback: The engineering and infrastructure coglomerate Larsen & Turbo (L&T) has declared buyback of shares that will open on 18th September 2023 i.e. on Monday next week.
16.09 / 01:53
UPS Citi FIVE Booking Mumbai Ganesh Chaturthi 2023: First glimpse of Lalbaugcha Raja out in Mumbai | Watch
Ganpati idol, on Friday, unveiled the first glimpse of the idol for devotees of Lord Ganesh. This year, the 10-day festival will be observed from September 19 to September 28. The pandals set up by various mandals in Mumbai and other places in the state attract thousands of devotees during the 10-day festivities.
15.09 / 21:27
UPS FIVE NASDAQ Airlines BMW Power Grab Billionaires in WA’s lithium power grab and nine other great reads
Welcome to the weekend. To start off your day, we’ve curated 10 great reads to enjoy.
15.09 / 21:27
FIVE Action Airlines Matthews stage Cass approved Qantas approved Joyce share sale five weeks after ACCC demand notice
Qantas allowed its chief executive Alan Joyce to sell $17 million in shares despite receiving a detailed demand for information as part of the competition regulator’s investigation into whether the airline inappropriately sold thousands of flight tickets.
15.09 / 20:01
FIVE Aviat Airlines NOT Insolvency petitions filed by lessors not maintainable: SpiceJet
SpiceJet on Friday claimed in the bankruptcy court that two insolvency petitions filed against it by two aircraft lessors — Wilmington Trust SP Services (Dublin) Ltd and Celestial Aviation Services Ltd — were not maintainable. The low-cost airline informed the National Company Law Tribunal that Wilmington was not the owner of the aircraft leased by it and so it is not an operational creditor to file an insolvency petition. Opposing the Celestial Aviation case, SpiceJet argued that five operational creditors had filed a combined petition, so it was not maintainable. In the Wilmington case, SpiceJet claimed that the owner of the aircraft was BOC Aviation Ltd, which had transferred the ownership to Aircaste (Ireland) Ltd and.
15.09 / 20:01
COST Target FIVE Manufacturing Strategy country '25-30 GW more thermal capacity may be needed'
power capacity over the 49 GW already planned or under construction to meet future requirements, power minister RK Singh said on Friday.

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