FIVE Financial News

Supreme Court on Friday underlined the need to take «counter measures» by the state authorities to ensure there are no instances of hate speeches. A bench headed by Justice Sanjiv Khanna directed all the state governments to furnish a list of nodal officers appointed by them to register cases of hate speech and pursue investigations in this regard. Speaking for the bench, Justice Khanna underscored the significance of installing CCTV cameras by the state authorities as they can act as a «big deterrent». The bench also insisted on ascertaining the «source» of the video/clip of a purported hate speech. The bench said that it is imperative that «peace, harmony and brotherhood» is maintained and counter measures are taken to avoid instances of hate speech.

HS Prannoy extracted the last ounce of energy from his reservoir to stun two-time defending champion Viktor Axelsen of Denmark in a thrilling 68-minute quarterfinal to ensure a medal for India in the World Badminton Championship here on Friday. In a nail-biter, Prannoy once again showed his big-match temperament as he fought back from a game down to outwit the world No.

Corporations relying on carbon credits to support their green claims now face “robust and credible” proof that the vast majority of such securities aren’t fit for that purpose, according to a study published in the journal Science.

Paytm, among others saw heavy buying and selling on Friday, August 25 among bulk and block deals on stock exchanges BSE, NSE. The stocks were in focus accordingly during the trading session today. Shares of One97 Communications, which operates Paytm, opened higher at ₹915 on the news of the bulk deal.

Nirmala Sitharaman, while speaking at the B20 Summit in the national capital on Friday, emphasized India's resilience and potential amid growing concerns about China's economic slowdown. When asked about the impact of China's economic challenges on India and the world, the Finance Minister opted to focus on India's narrative. Acknowledging the global interest in China's economic developments, she stated, «I would rather play the India story.» Minister Sitharaman expressed her commitment to monitoring China's situation but emphasized her primary focus on India's current position and its abundant opportunities. She highlighted the nation's skilled workforce, vibrant work culture, and the enthusiasm of its youth to excel. She elaborated, «We should speak for India's strengths and not for the suffering of somebody else.» The B20 Summit, which precedes the upcoming G20 Summit next month, provided a platform for her to showcase India's strengths. Minister Sitharaman underscored India's current advantages, particularly its young, English-speaking population and a transparent governance system with accessible legal remedies through the courts. During her address, the Minister detailed the government's initiatives to bolster infrastructure development, support startups, and address climate concerns. She outlined five key priorities essential for sustainable global economic recovery: boosting investment to stimulate growth, prioritizing global investment in public health and education, addressing climate change finance, diversifying supply chains, and managing inflation.

BlackRock Inc. backed fewer shareholder proposals on environmental and social issues over the past year as it stressed its commitment to the energy industry and navigated a debate over ESG investing.

Supreme Court Friday said it will strengthen its 2018 guidelines for dealing with mob violence, hate speeches and lynching to ensure that culprits are dealt with equally, irrespective of their communities for their public utterances spreading bigotry. In a significant verdict on a plea by activist Tehseen Poonawalla, the top court had on July 7, 2018 issued a slew of guidelines to curb hate crimes, and directed states and union territories to take preventive and remedial measures like appointment of nodal officers in each district to keep a tab on such activities. The top court on Friday asked the Centre to collate details from states and UTs on compliance of its 2018 verdict in three weeks.

Great Lakes area were slammed with tornadoes as fast as 75 mph on the night of Thursday, August 24, 2023. The effect of the tornadoes was such that over 700,000 people went without power. The area has been facing stormy weather since Wednesday, August 23. As the storm moved into the Northeast on Friday, August 25, there was already destruction and a power outage in the Great Lakes. Over 700,000 citizens had to go without power in the states of Michigan, Ohio, and Pennsylvania. Cleveland also reported a gust of 75 mph, and Detroit registered one of 70 mph.

under-construction railway bridge collapsed on Wednesday, the death toll has reached 23. Mizoram minister for home and disaster management Lalchamliana stated in X, “The rescue teams have just located and found the last body at the accident site at the under construction railway bridge, Sairang. Kuddos to the rescue mission teams #DM&R QRT #SDRF #NDRF etc” On Wednesday around 18 bodies were recovered.

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 Monday, August 28, for individuals not given shares.

Wholesalers may find it harder to gain the attention of financial advisors as the market becomes increasingly competitive.

Will Simone Biles create history in U.S. gymnastics by winning her eighth U.S. National all-around title and shatter the 90-year-old record set by Alfred Jochim in 1933?

Mahavir Chopra, Founder, Beshak.org, says “as per the policy wordings, typically there is a 30-day window in which you are supposed to notify that there is a death that has happened. But IRDA has made it very clear that if there are any circumstances by which a customer has not been able to do that, insurance companies cannot reject claims.”Let us start with life insurance. It is very important to give the right kind of information. It is very important to put a nominee in your policy. What should be your basic homework to avoid any claim rejection, as far as life insurance policies are concerned?It is very important that people understand the issues because insurance is bought for claims.

monsoon season in India so far has been marred by extreme weather events, from humid heat waves to cyclones to torrential rains. Scientists blame climate change. They say it has been altering the monsoon patterns along with weakening its circulations.

Enforcement Directorate, according to a report published by the news agency PTI. A bench of Justices AS Bopanna and MM Sundresh granted the relief to Satyendar Jain after taking note of his medical report. The top court on July 24 had extended by five weeks interim bail granted to Jain.

Grant made a vain attempt to plead his case—“Hang it, officer, these animals of mine are thoroughbreds, and there is no holding them"—then drove to the station. There, at least, the president avoided the indignity of a mugshot, which would not be widely used until about a decade later. Despite four indictments in the past five months, the 45th president had long managed to evade it, too.

₹61,460 per 10 grams on MCX on May 5 this year. However, the yellow metal has slipped near to the level of ₹58,500 per 10-gram now. Rising bond yield and the US dollar have weighed on gold prices in the last few months.

Stock split 2023: ADF Foods shares are one of the multibagger stocks that Indian stock market has delivered in post-Covid rally. After bottoming out at ₹140 levels after Covid-19 sell off, this small-cap stock has risen from near ₹140 to ₹1,090 apiece levels on NSE, logging more than 700 per cent rally in near three years. However, long term investors have one more stock market news related to this multibagger stock.

₹24 apiece levels in March 2020, Titagarh Rail Systems share price has been ascending continuously and it has remained an ideal 'buy on dips' stock on Dalal Street. The stock has been hitting new high for the last four days.

technology companies are keen to set up shops in London, said a senior official in the office of the Deputy Mayor of London for Business, adding that the reasons behind it vary from the availability of venture capital funding to global demand and talent. London and Partners is the UK capital's trade and business growth agency operating under the aegis of the Mayor of London, according to a report published by the news agency PTI. Speaking on the sidelines of the B20 Summit, London and Partners Country Director for India and senior leadership team member Hemin Bharucha acknowledged that funding for startups is not as readily available as before.

By Orathai Sriring and Kitiphong Thaichareon