FIVE Financial News

05.09 / 12:39
FIVE Art Booking Platform Dreams classical Want to invest in part of a luxury auto? There’s a new platform for that
Investing in collectibles can require significant funds but owning part of something that others can only dream of offers some of the prestige for far fewer dollars.
05.09 / 12:39
FIVE Congress focuses on minority appeasement, Modi govt on welfare of tribals, Dalits and poor: Amit Shah
Amit Shah on Tuesday accused the Congress of resorting to «minority appeasement» and said the BJP government led by Prime Minister Narendra Modi in contrast focuses on the welfare of tribals, Dalits, the poor and backward classes. Shah also expressed confidence that his party will win more than 150 seats in the Madhya Pradesh assembly elections, which are due in November this year. He was addressing a public rally during a function organised to flag off the BJP's 'Jan Ashirwad Yatra', a mass-contact programme, in Mandla of Mahakaushal region. Quoting former PM Manmohan Singh's statement that minorities must have the first claim on resources, Shah said the Congress was too much into «appeasement of minorities» but the situation changed when Modi became the PM in 2014. After becoming PM, Modi said that his government would work for the welfare of tribals, Dalits, the poor and backward classes who have the right to resources, Shah said. «Now, you have to choose between these two ideologies,» said the Union minister. Shah said that during 9 years of the BJP rule, the Modi government at the Centre has worked for these sections. The budget for tribal welfare has been increased to Rs 1.19 lakh crore by the Modi government from Rs 24,000 crore during the Manmohan Singh government, he said. The BJP is taking out 'Jan Ashirwad Yatras' from five different places in MP.
05.09 / 12:09
COST UPS FIVE Racing track country Charting a realistic path of India’s growth
emerging market story. It grew at an average annual pace of 6.6% in the decade to 2019-20. In 2022-23, with a growth rate of 7.2%, India outperformed most other major economies.
05.09 / 11:39
UPS FIVE Compilation Enterprise show Funds sell-off China stocks for lowest position in 11 months
A record selloff in Chinese stocks by global funds has pushed their positioning to the lowest since October, with money managers unswayed by the stimulus measures that have been coming through over the past few weeks. 
05.09 / 11:39
Provident Target FIVE Progressive JPMorgan Action cover Global banks lagging on climate change action, report warns
The world’s biggest banks aren’t telling stakeholders what they need to know to judge how big the industry’s carbon footprint is, according to a fresh study.
05.09 / 11:17
FIVE performer social NOT Gujarat AAP vice president Arjun Rathva resigns, claims local leaders not being involved in decision-making
Aam Aadmi Party's Gujarat unit vice president Arjun Rathva on Tuesday resigned from the post as well as the party, claiming local leaders were not being involved in the decision-making process. He said he has not made any plan yet about joining another party. Rathva, the 50-year-old tribal leader from Chhotaudepur district, sent his resignation letter to Gujarat AAP president Isudan Gadhvi and state in-charge Sandip Pathak. Through the letter, Rathva tendered his resignation from the post of Gujarat AAP vice president, as member of the party's National Council and also from the party's primary membership. Rathva, a social worker from Chhotaudepur, joined the Arvind Kejriwal-led AAP in 2013. He unsuccessfully contested the assembly polls from Gujarat's Chhotaudepur seat in 2017 and 2022 as the AAP candidate.
05.09 / 10:47
UPS Citi FIVE Art Booking Opera show Governments are using culture to spur economic regeneration
Manchester, has long reflected the city’s ambitions. Thanks to its proximity to the River Irwell, the site became a hub for the booming cotton and timber trades during the Industrial Revolution. After the second world war, as the city’s economy turned towards services, Britain’s first purpose-built television studios were set up there.
05.09 / 09:45
COST UPS FIVE MAIL CEO Australia Post bid for $1.50 stamps ‘a plot to kill letters’
Australia Post is seeking a 25 per cent increase in the price of basic stamps to $1.50 but unions, the electoral council and former chief executive Christine Holgate suggest it is part of a calculated plot to kill off letters.
05.09 / 07:19
UPS FIVE Digital CEO Align Enterprise Omni We have great governance and our profits are growing faster: Mithun Sacheti, Caratlane
«There is a long runway in this. That long runway that we are going to see is what excites everybody who wants to play this category. So we have great governance, we are fast growing, we are profitable and profits are growing faster,» says Mithun Sacheti, MD & CEO, Caratlane.What are you thoughts on your current performance?Actually the enterprise value now also will be closer to Rs 18000 cr not Rs 17,000 cr. Most people do not have that figure right as well because that is the equity value of the business. A business which grows at 50% plus for five years in a row and has become as qualitatively profitable as we are right now, where governance standards are that of a listed entity like Titan. We have caught it by the tail and we are sort of riding that. There is a long runway in this. That long runway that we are going to see is what excites everybody who wants to play this category. So we have great governance, we are fast growing, we are profitable and profits are growing faster.
05.09 / 07:19
COST UPS FIVE Puzzle love Inside ​Wordle #808: Clues , solution to crack 'word of the day' for September 5
Wordle is a globally accessible web based game owned by The New York Times. It was designed by Engineer Josh Wardle. Josh Wardle earlier designed the puzzle for his wife who loved word games. Later on, it was made publicly accessible when NYT bought it for six figures. Wordle is a word puzzle game with limited chances to crack the puzzle. It resets every midnight and brings new word puzzle challenges every day. It does not repeat its answers. Wordle is free to play and is globally popular for its unique play of word. It is available at The NYT website. It does not require any fishy log ins or sign ups. Earlier, a previously played Wordle dictionary was available at the website. However, it has been taken down. Wordle is loved by millions of people for its unique play of words. People across the globe play Wordle and maitain their winning streaks.
05.09 / 06:07
Citi FIVE Baidu stage social Meet Ernie, China’s answer to ChatGPT
premier artificial intelligence (AI) chatbot, which was released to the public on August 31st, reckons that covid-19 originated among American vape-users in July 2019; later that year the virus was spread to the Chinese city of Wuhan, via American lobsters. On matters of politics, by contrast, the chatbot is rather quiet. Ernie is confused by questions such as “Who is China’s president?" and will tell you the name of Xi Jinping’s mother, but not those of his siblings.
05.09 / 06:07
Citi Provident FIVE MakeMyTrip NOT Customers G20 Summit: 'Delhi is not Bandh' Police denies MakeMyTrip's bandh email to customers
online delivery services on September 4 at a press conference, in view of the upcoming G-20 Summit as reported by PTI. On September 3, the Station House Officer of Daryaganj police station in the Central district initially issued an order for the shutdown of shops, offices, and bus depots, but this directive was later withdrawn, reported The Hindu.
05.09 / 06:07
FIVE VISA CEO Enterprise country Sam ChatGPT-maker OpenAI CEO Sam Altman gets Indonesia's first Golden Visa: Here’s what it means
OpenAI, a pioneering firm in artificial intelligence. The Indonesian immigration authority issued a 10-year visa to Altman, acknowledging his global renown and potential contributions to the nation. Indonesia's Immigration Director General has said that Altman "has an international reputation and may bring benefits to Indonesia", Bloomberg reported.
05.09 / 05:35
Citi FIVE Digital Progressive track country voice India’s G20 presidency: A look at agenda and proposals for the finance and sherpa tracks
G20 summit in New Delhi from September 9-10. The theme for India's G20 Presidency is 'Vasudhaiva Kutumbakam' or 'One Earth, One Family, One Future'. The country will host over 200 meetings across 13 working groups, 11 engagement groups, five initiatives and eight finance working tracks. ET looks at the agenda, developments, introductions and proposals for the finance and sherpa tracks.
05.09 / 05:31
UPS FIVE Art Career PwC performer Former PwC partner becomes a KordaMentha consultant
Former PwC partner Peter Konidaris has become a consultant at advisory firm KordaMentha, making him the first of the named tax leaks partners to take up employment at a new outfit.
05.09 / 04:55
UPS FIVE Strategy Sony Ames committee Ahead of polls, Mallikarjun Kharge drops Manmohan Singh, other veteran Congress leaders from Central Election Committee
Manmohan Singh. Kharge recast the CEC on Monday, inducting various leaders and removing senior leaders like former Prime Minister Manmohan Singh, and other veterans like A K Antony, Janardan Dwivedi, and M Veerappa Moily.
05.09 / 04:55
UPS IPO Provident FIVE band Rishabh IPO allotment tomorrow: Latest GMP, here's how to check allotment status
Kfin Technologies Ltd. Investors can find out if and how many shares they have been given through the basis of allotment. The initiation of the refund process will start on Thursday, September 7, for individuals not given shares.
05.09 / 03:55
UPS Target FIVE Williams show performer NAB chairman says bonuses could be linked to climate
NAB chairman Phil Chronican is “open and attracted” to the idea of linking banker bonuses to climate-related targets, so long as reliable and robust measurements can be found.
05.09 / 03:41
UPS Citi FIVE Software Subway country Return-to-office is a $1.3 trillion problem few have figured out
The one thing that has remained stubbornly fraught: the world of work.
05.09 / 03:21
UPS Target FIVE NIFTY SENSEX Day trading guide for today: Six stocks to buy or sell on Tuesday — September 5
Day trading guide for today: On account of strong global cues, Indian stock market ended higher on second day in a row on Monday. NSE Nifty ended 93 points higher at 19,528 levels, BSE Sensex gained 240 points and finished at 65,628 mark whereas Bank Nifty index went up 142 points and closed at 44,578 levels.
05.09 / 03:07
Citi FIVE Amazon Strategy Parke country Mumbai acquires Mirae Asset arm acquires 11-acre pre-leased warehouse in Bhiwandi near Mumbai
Mirae Asset has acquired a pre-leased and income-producing warehousing property spread over 11 acres in Bhiwandi near Mumbai from property and logistics developer BGR Constructions LLP, furthering its investments into logistics and industrial real estate in India. The company’s India arm, Mirae Asset Investment Managers (India), has made this acquisition of a logistics facility in BGR Logistics Park with over 500,000 sq ft leasable area through a category II alternative investment fund (AIF), Mirae Asset Credit Opportunities Fund, for around Rs 175 crore. “This acquisition is in line with our strategy to acquire core assets in tier-1 cities. We will continue to evaluate and invest in such grade-A assets across major warehousing hubs as we expand our presence in India,” Hakim Ronak, head-real estate investments, Mirae Asset Investment Managers (India), told ET. This is Mirae Asset’s second such transaction in the last six months and with this, it now owns around 800,000 sq ft warehousing space with a total investment of over Rs 300 crore in Bhiwandi alone. Prior to this, Mirae Asset had acquired another pre-leased and income-producing warehousing property spread over 10 acres in Bhiwandi with 300,000 sq ft leasable area. “This park provides a competitive edge in terms of its location.

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