FIVE Financial News
30.08 / 05:31
Provident
FIVE
Karnataka: CM Siddaramaiah to launch 'Gruha Lakshmi' scheme today. Check eligibility, documents required, other details
Rahul Gandhi will be present along with CM Siddararamaiah and deputy CM DK Shivakumar. Under this scheme, about 1.1 crore women heads of family will get ₹2,000 each at a function in Mysuru. "As many as 1.1 crore women heads of households will be given ₹2,000 every month," Siddararamaiah said.
30.08 / 05:09
FIVE
Man
Boeing
Mercedes-Benz
Qualcomm
country
View: The West needs to be careful if they are cheering China's economic misfortunes
China poses to American hegemony. It's an intriguing thesis, but in China's case it has a glaring flaw: The main challenge we will face from the People's Republic in the coming decade stems not from its rise but from its decline — something that has been obvious for years and has become undeniable in the past year with the country's real estate market crash. Western policymakers need to reorient their thinking around this fact. How? With five don'ts and two dos. First, don't think of China's misfortunes as our good fortune. A China that can buy less from the world — whether in the form of handbags from Italy, copper from Zambia or grain from the United States — will inevitably constrain global growth.
30.08 / 04:31
FIVE
Digital
Platform
performer
track
How do you start investing in a mutual fund?
mutual funds.What documents do I need to start a mutual fund investment?To make your first investment in a mutual fund, you need to be KYC (Know Your Customer) compliant. To do this physically, an investor can fill out a form, attach a photograph, copies of the PAN card and a valid address proof such as Aadhaar, passport, voter identity card or driving licence. This can be submitted along with the first investment form to a registrar or a mutual fund office. To do it digitally one can use some mutual fund websites or distributor platforms which allow Aadhaa-rbased eKYC.What should be the first MF scheme that I should consider?First-time investors should choose a fund scheme keeping their goals, risk-taking ability and time horizon in mind. Typically financial planners feel if they have a time horizon of more than five years, they could opt for equity-oriented funds. However, if they have a time frame of 1-5 years they could use debt or hybrid funds, while for a time frame of less than a year, they can use arbitrage funds or ultrashort-term funds. Ideally, they could opt for a diversified equity mutual fund scheme which could be either a large-cap-oriented or flexicap fund. Conservative investors could also use an aggressive hybrid fund that allocates 65-75% to equity and the rest to fixed income. They could consider staggering their investment by using a systematic investment plan (SIP) as a tool to invest, as this evens out volatility and sharp market movements.
30.08 / 04:11
30.08 / 04:11
Lowe's
FIVE
SUN
Corona
Solar
Aditya L1: ISRO's solar mission set for 4-month Journey to Lagrange point
Also Read: Aditya L1 spacecraft rolled out to second launch pad, scheduled to launch on September 2 The ISRO explained on its website that the spacecraft will be initially placed in a low earth orbit. “Subsequently, the orbit will be made more elliptical and later the spacecraft will be launched towards the Lagrange point L1 by using on-board propulsion," it said. While travelling towards L1, Aditya L1 will exit the earth’s gravitational Sphere of Influence.
30.08 / 04:11
UPS
Provident
FIVE
Digital
track
exclusive
G20 Summit: ‘We should address the question of debt distress,’ says Nirmala Sitharaman
G20 Summit, Union Finance Minister Nirmala Sitharaman said that India given the consideration of things and developments across the world, addressing the question of debt distress is a must. Speaking in an exclusive interview with The Economic Times, Nirmala Sitharaman talked about the expected deliverables in the finance track. Sitharaman said, “Given the consideration of things and the developments across the world, we thought we should address this question of debt distress.
30.08 / 04:11
Provident
FIVE
show
China map row: ‘Entire Ladakh knows…’, Rahul Gandhi after China releases map
Rahul Gandhi on Wednesday reiterated his claims about China "invading" Indian territory in Ladakh. The Congress leader termed the matter of China including Arunachal Pradesh and Aksai China as a part of its territory in its latest edition of the ‘Standard Map’ as a "serious issue". Speaking to the media ahead at the Delhi Airport, Gandhi said, "I have been saying this for many years...
30.08 / 02:07
Citi
FIVE
Action
Dreams
country
Muslim call to prayer can now be broadcast publicly in New York City without a permit
Muslim call to prayer will ring out more freely in New York City under guidelines announced Tuesday by Mayor Eric Adams, which he said should foster a spirit of inclusivity. Under the new rules, Adams said, mosques will not need a special permit to publicly broadcast the Islamic call to prayer, or adhan, on Fridays and at sundown during the holy month of Ramadan. Friday is the traditional Islamic holy day, and Muslims break their fast at sunset during Ramadan. The police department's community affairs bureau will work with mosques to communicate the new guidelines and ensure that devices used to broadcast the adhan are set to appropriate decibel levels, Adams said. «For too long, there has been a feeling that our communities were not allowed to amplify their calls to prayer,» Adams said.
30.08 / 01:07
COST
UPS
FIVE
Shell
tenor
GMR Goa airport seeks Rs 2,480 crore via NCD issue
GMR Goa International Airport is looking to raise ₹2,480 crore by issuing non-convertible debentures to repay existing debt and fund capex. The securities have a tenor of five years and will be raised at 10.25%.JP Morgan will help raise the debt. The paper is rated BBB+ by Care Ratings and has a call option after three years. Proceeds of the paper will be used to repay the existing senior debt of ₹1,520 crore, repay the external subordinated debt of ₹227 crore, repay the group-level debt of ₹269 crore and fund capex, according to an indicative term sheet seen by ET. GMR Goa International Airport, which is a 100% subsidiary of GMR Airports, is a special purpose vehicle (SPV) set up to establish the greenfield international airport at Mopa in the northern part of Goa, on a design, build, finance, operate and transfer basis.
29.08 / 21:55
COST
UPS
Citi
Target
FIVE
show
A War on Cars? London’s Pollution Charge Sparks Political Battle
A London project to create the world’s largest low-emission zone took effect on Tuesday as authorities imposed a daily charge on the most-polluting vehicles, triggering a debate between those who see the move as a sensible step to clean up the air and those who say it amounts to a war on cars. While several big European cities like Berlin and Paris also impose charges on polluting cars and trucks, London has been a pioneer on the issue. It became the first major European city to force drivers to pay a congestion fee in 2003.
29.08 / 21:43
Twitter
FIVE
Platform
film
Actor
show
social
Late-night TV hosts join on podcast to help striking writers
LOS ANGELES (Reuters) -An all-star lineup of late-night television hosts are uniting to chat about Hollywood's ongoing labor disputes on a new podcast, a group effort to raise funds for their striking staff writers.
29.08 / 21:25
Citi
FIVE
film
Blackstone, Vornado to Join Forces on Manhattan’s First Film and TV studio
tax benefits geared at stoking New York’s film-and-television-production business. The city, which owns Pier 94, also is committing more than $50 million for repairs.
29.08 / 21:25
Target
FIVE
Moderna
Pfizer
Novavax
pop
rsv
fall
Covid-19 Is Back. Flu and RSV Are Coming. What to Know About Fall Shots.
Pfizer, Moderna and Novavax all plan to bring boosters to the market this fall. Pfizer expects to win Food and Drug Administration approval in August, with vaccinations starting in September. Novavax said it expects to get clearance and ship doses in September, and Moderna said it is waiting for approval.
29.08 / 21:11
UPS
Provident
FIVE
Mobile
TikTok
Celebrity
What Is ‘Barbie Botox’? The New Injectable Trend Taking Over TikTok
TikTok: 40 units of Dysport injected on either side of her trapezius muscle, in the dense triangles of tissue between her shoulders and neck. Doctors have long used wrinkle-diminishing neurotoxins such as Dysport and Botox off-label to treat pain by partially paralyzing and relaxing certain muscles. Now, trapezius-muscle Botox—commonly known as “Barbie Botox" and “trap tox"—has become a cosmetic trend in the U.S., thanks to social-media posts by influencers and providers who say the treatment can also create the illusion of a slender, elongated neck.
29.08 / 20:09
UPS
Target
FIVE
Digital
show
performer
Inside
Inside the chaos at Pristyn Care
₹4 lakh, involves the patient swallowing a pill, which inflates into a balloon once inside the stomach. This limits the amount of food a person can eat and forces a calorie deficit, resulting in weight loss. On 20 May, Panchal was admitted to a hospital in Mumbai’s Goregaon suburb to undergo this procedure.
29.08 / 19:39
COST
Lowe's
FIVE
Aviat
Airlines
network
Qantas says Canberra cancellations minimise network disruptions
Qantas claims the domestic aviation market is “highly competitive”, blaming air traffic control staffing issues and weather conditions for causing the airline to cancel Canberra services at more than five times the rate of competitors.
29.08 / 19:37
UPS
FIVE
Action
stage
exclusive
Exclusion of KL Rahul from two Asia Cup games throws a spanner in India’s World Cup preparations
KL Rahul won’t be travelling with the Indian team to Pallekele today and is set to miss the first two games of India’s Asia Cup campaign that begins on September 2 against Pakistan, head coach Rahul Dravid informed during a press conference on Tuesday. The Karnataka batter is not “fully fit” and will stay back at the National Cricket Academy (NCA) in Bengaluru to work on his fitness in a bid to be available for the Super 4s stage of the six-team tournament. That means Rahul won’t be in action before September 6. The last date to submit preliminary squads for the ICC Men’s World Cup is September 5. India would hope it is only a (yet another) bump in the road and not an end of the road.
29.08 / 18:35
COST
Provident
Twitter
FIVE
Fighting
social
LPG price cut by ₹200 per cylinder in inflation fight
NEW DELHI : In a relief to consumers, the Union government on Tuesday cut the price of a 14.2-kilogramme (kg) cooking gas cylinder by ₹200, terming it a gift for women ahead of the Raksha Bandhan this week. The move comes as the central government faces growing criticism over rising inflation and its impact on households. “On the occasion of Raksha Bandhan and Onam, the government has decided to reduce the price of domestic cylinders by ₹200," said information and broadcasting minister Anurag Thakur.
29.08 / 18:35
FIVE
Digital
Google
MasterCard
track
country
‘Need coordinated data regulation in a connected world’
NEW DELHI : Mastercard Inc.’s dominance in the payment process makes the company, along with Visa Inc., no less than what Google Llc is to search. But a more important fact—and less discussed detail —is the company’s impressive profitability: Mastercard ended with a 58.3% operating margin on $6.3 billion in revenue in the second quarter. In an interview, Michael Miebach, the chief executive who succeeded Ajay Banga in 2021, discussed Mastercard’s Indian strategy.
29.08 / 18:15
UPS
FIVE
Extreme
Gap
Southern
country
Heavy rainfall likely in South, Northeast India till Saturday
New Delhi: As the monsoon trough continues to run along the foothills of the Himalayas, the India Meteorological Department (IMD) has predicted heavy rainfall over Northeast India and the extreme Southern Peninsular region. However, this may not make a significant improvement as far as rainfall distribution is concerned, meteorologists said.
29.08 / 18:11
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