FIVE Financial News
24.08 / 18:19
24.08 / 18:19
UPS
FIVE
show
cover
Journalism has seen a substantial rise in philanthropic spending over the past 5 years, a study says
A study points to a “substantial” increase in philanthropic funding for journalism over the past five years, particularly to outlets that serve poor and minority communities
24.08 / 17:39
UPS
FIVE
track
country
India on track to become third largest economy: Finance secy
New Delhi: India, which is registering fastest economic growth among top five global economies, is on track to become the third largest economy, finance secretary T.V. Somanathan said on Thursday. India is currently the fifth largest economy behind the US, China, Japan and Germany.
24.08 / 17:39
UPS
Provident
FIVE
Citizens
Highways
film
Indian
Horns to be quietened on Indian roads
NEW DELHI : The Centre plans to enforce an upper limit of around 50 decibels in a crackdown on loud vehicle horns, a sharp reduction on existing permissible levels, minister of road transport and highways Nitin Gadkari said. Loud, persistent and often-needless blaring of horns remains a bane of Indian roads. The minister said that along with air pollution, noise pollution is a major irritant and poses a serious health hazard for citizens.
24.08 / 17:39
FIVE
BLOCK
SUN
Financial
Bulk & Block Deals on Aug 24: Max Financial, Coforge, RBL Bank, Manappuram Fin exchange hands; check buyers, seller
Coforge, Max Financial, Manappuram Finance, RBL Bank and Sapphire Foods saw heavy buying and selling on Thursday, August 24 among bulk and block deals on stock exchanges BSE, NSE. The stock were in focus accordingly during the trading session. Shares of Coforge surged over 9 per cent to hit the day's high of ₹5,403.85 apiece on the BSE after a block deal.
24.08 / 17:27
UPS
Provident
FIVE
Disney
Parke
Workers in Disney World district criticize DeSantis appointees' decision to eliminate free passes
Employees of Walt Disney World’s governing district are criticizing new board members appointed by Gov. Ron DeSantis for a decision to eliminate free passes and discounts to the theme park resort for 400 of its district workers
24.08 / 16:41
Provident
FIVE
Career
Platform
open
US Open 2023 live streaming, start date, where to watch
US Open 2023 has arrived, with anticipation building as the world's top tennis athletes prepare to convene in New York for the culminating Grand Slam of the season. Among the contenders, defending champions Carlos Alcaraz from Spain and Iga Swiatek from Poland are highly favored to secure victories once again. While the spotlight is on these reigning champions, it's important not to overlook the American talents in the mix, including Coco Gauff, Jessica Pegula, Frances Tiafoe, and Taylor Fritz, all of whom are poised to enjoy the spirited support of the home crowd. The last instances of American triumph at the US Open were Sloane Stephens in 2017 for the women's category and Andy Roddick in 2003 for the men's.
24.08 / 16:30
Provident
Twitter
FIVE
show
country
voice
Iran and Saudi Arabia are among 6 nations set to join China and Russia in the BRICS economic bloc
Iran and Saudi Arabia are among six nations that have been invited to join the BRICS bloc of developing economies, along with the United Arab Emirates, Argentina, Egypt and Ethiopia
24.08 / 15:05
COST
UPS
Provident
FIVE
Parke
country
National
20 National Waterways, projects worth over ₹ 800 crores being developed in the Northeast: Sarbananda Sonowal
Sarbananda Sonowal, on Thursday said that in the Northeast, 20 National Waterways and various projects of more than Rs 800 crores are being implemented for development of these National Waterways in the region. He added attended the Memorandum of Understanding (MoU) signing ceremony between Inland Waterways Authority of India (IWAI) and Numaligarh Refinery Limited (NRL) to use National Waterways-2 (Brahmaputra) and Indo Bangladesh Protocol Route (IBPR) for export of petroleum products to Bangladesh and other south east Asian countries. The MoU is aimed at powering PM Gati Shakti National Master Plan to boost India’s Act East Policy. NRL will export around 10,000 MT of Petroleum & Petrochemical products per month from IWAI Jogighopa Multi Modal terminal.
24.08 / 15:01
24.08 / 14:53
IPO
Provident
FIVE
Shoora Designs IPO allotment today: Latest GMP; here's how to check allotment status
Shoora Designs IPO allotment status: Shoora Designs IPO share allotment willbe fixed on Thursday, August 24. The investors who applied for the issue can check the Shoora Designs IPO allotment status in the registrar's portal, which is Kfin Technologies Ltd. Investors can find out if and how many shares they have been given through the basis of allotment.
24.08 / 14:05
24.08 / 13:11
FIVE
Numaligarh Refinery, Inland Waterways Authority ink pact for petroleum products transportation
Gati Shakti National Master Plan, which seeks to revolutionize cargo movement in the region. Under the visionary leadership of Prime Minister Shri Narendra Modi, the Act East policy is unlocking the Northeast's full potential as a key contributor to India's growth story. Our extensive network of waterbodies and rich hydrocarbon resources must be leveraged to realize this vision." Highlighting the significance of inland waterways, the minister stated, "In line with the Prime Minister’s 'Act East Policy,' the IWAI and the ministry of ports, shipping & waterways have brought transformative changes to India's waterways sector over the last nine years.
24.08 / 13:11
UPS
Citi
FIVE
Progressive
Extreme
Headline inflation to spike in near months on food prices, El Nino event: RBI MPC Minutes
Ashima Goyal, Jayanth R Varma and Rajiv Ranjan voted for status quo on the policy rate. Going forward, the spike in vegetable prices, led by tomatoes, would exert sizeable upside pressures on the near-term headline inflation trajectory. This jump is, however, likely to correct with fresh market arrivals.
24.08 / 11:55
Provident
FIVE
Enterprise
country
G20 trade ministerial meet: Goyal calls for inclusive trade initiatives
international trade and investment, helping boost productivity and output and fostering economic growth and prosperity for all. Addressing the opening session of the meeting in Jaipur, Rajasthan, the minister urged the ministers from G20 and other invitee countries to work collectively to achieve concrete, decisive and action-oriented outcomes.
24.08 / 11:45
FIVE
Highways
Around 400 vehicles gutted in fire at two-wheeler showroom in Andhra Pradesh
two-wheeler showroom here early on Thursday morning, a police official said. The fire broke out around 5 am at the showroom located near the national highway (NH-16) and raged for about 90 minutes, the police official added. «The fire accident occurred when new vehicles were being unloaded from a truck which came from Chennai,» Vijayawada Central ACP P Bhaskar Rao said and added that the loss could be around Rs 4 crore, as per preliminary estimates. Five fire engines were deployed to douse the blaze as a result of which as many as 200 vehicles could be saved, he said. No police complaint has been lodged yet, he added. Police are yet to ascertain the cause of the accident, he said, adding there was no loss of life or injuries. Meanwhile, the situation is under control and the fire has been completely doused, Rao said, adding the owner of the showroom is estimating the loss.
24.08 / 11:07
24.08 / 09:47
FIVE
Booking
Manufacturing
HAL
electronic
Chandrayaan-3 effect: These 13 stocks add over ₹20,000 crore market cap after soft landing. Do you own any of them?
₹20,000 crore market cap in last one week, reports Bloomberg. The Bloomberg report said that these 13 space and defence stocks have added over $2.50 billion (more than ₹20,000 crore) in its market cap in last one week. Those 13 Indian stocks that benefitted from successful soft landing of Chandrayaan-3 on moon includes Linde India, Centrum Electronics, Hindustan Aeronautics Ltd or HAL, Bharat Heavy Electricals Ltd or BHEL, Bharat Electronics Ltd or BEL, Larsen & Turbo or LT, Avantel, Paras Defence and Space Technologies, MTAR Technologies, Walchandnagar Industries, etc.
24.08 / 09:45
Provident
FIVE
Digital
Platform
Gap
Strategy
country
financing
Alternate financing to capitalise on $500B SME credit opportunity in India: Redseer-GetVantage Report
SME Credit Report 2023 released today in collaboration between GetVantage and Redseer Strategy Consultants estimates that a potential US$ 220 Bn credit deficit poses a roadblock to unlocking the economic potential of millions of digitised businesses. Out of the current US$ 220 Bn requirement (as of FY22), Redseer analysts estimate US$ 165 Bn as serviceable when adjusted for sick and commercially unviable businesses. Even after an infusion of US$ 53 Bn in FY22 into the market through various channels, the current working capital deficit stands at US$ 112 Bn.
24.08 / 09:45
Provident
FIVE
Aviat
Microsoft
Progressive
Aware
Many nations will look to India's leadership on AI regulation: Microsoft president Brad Smith
India, as current holder of G20 Presidency, is «well positioned» to help advance a global discussion on AI issues, Microsoft vice chair & president Brad Smith has said advocating broader legal and regulatory frameworks for AI, and safety brakes in AI systems controlling critical infrastructure. Smith, who is on a visit to India and scheduled to participate in the B20 Summit India starting Friday, penned a blog titled 'India's AI Opportunity' where he outlined five key recommendations in the Indian context.
24.08 / 09:19
MET
FIVE
Cooper
Waters
country
safe
Fukushima: Why is Japan releasing water and is it safe?
Japan began pumping more than a million metric tons of treated radioactive water from the destroyed Fukushima Daiichi nuclear power plant on Thursday, a process that will take decades to complete. The water was distilled after being contaminated from contact with fuel rods at the reactor, destroyed in a 2011 earthquake and tsunami. Tanks on the site hold about 1.3 million tonnes of the water — enough to fill 500 Olympic-sized swimming pools.WHAT IS JAPAN'S WATER RELEASE PLAN? The utility responsible for the plant, Tokyo Electric Power (Tepco), has been filtering the contaminated water to remove isotopes, leaving only tritium, a radioactive isotope of hydrogen that is hard to separate. Tepco will dilute the water until tritium levels fall below regulatory limits before pumping it into the sea from the site on the coast north of Tokyo. Water containing tritium is routinely released from nuclear plants around the world, and regulatory authorities support dealing with the Fukushima water in this way. Tritium is considered to be relatively harmless because its radiation is not energetic enough to penetrate human skin.
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