FIVE Financial News

23.12 / 21:19
UPS FIVE Software reports Updates Investigations Government regulators close investigation into Ford Focus recalls
Government safety regulators are closing an investigation into two previous recalls of the Ford Focus after determining that Ford Motor Co. has satisfied its concerns
23.12 / 08:33
UPS Provident FIVE Ball Sustainability Election budget 2025 Budget 2025: FM should introduce new tax slab for individuals who adopt renewable energy, reduce carbon emissions
Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman is set to present her second comprehensive budget after the 2024 general elections. The budget proposals are expected to focus on the ongoing theme of helping India transition to the envisioned "Viksit Bharat" of “Amrit Kaal." Hence, the focus will be on employment generation, skill development, and providing relief to a large mass of people distressed by inflation, with the overall objective of pushing up the GDP growth rate.
23.12 / 05:09
UPS FIVE Extreme wellness Trade guidelines Morning Coffee: These are the worst teams to be on if you want to be promoted at Citigroup. Star fund manager is in tears at the unfairness of it all.
The annual review season at a big bank is a strange phenomenon – it isn’t quite the same thing as the bonus round, but nor is it completely separate.  Although the biggest driver of compensation is always your market value, in the sense of what your boss thinks you might be offered elsewhere, it’s often difficult to get the really big payouts if you’re not scoring well.  And if you are trying to get promoted to Director or Managing Director, you really need to be lighting up those “Exceptional” or “Significantly Exceeds Expectations” rankings to fill out your promotion case.
23.12 / 00:07
UPS FIVE Strategy Align Research stars reports Radhakishan Damani opposes BAT nominee for Chair of VST Industries
Subscribe to enjoy similar stories. Top billionaire investor and D-Mart promoter Radhakishan Damani opposed the candidate for chairmanship proposed by British American Tobacco (BAT for its Indian unit VST Industries Ltd, leading to his rejection at a shareholder vote, according to voting disclosures and an executive privy to the development. Opposition from Damani, who owns nearly a third of India's third largest cigarette maker, marks a rare episode of opposition from the investor who holds more than 1% shares in 11 publicly listed companies.
23.12 / 00:07
markets FIVE Aware Manufacturing Strategy Research wellness About 12 companies including BHEL and Kia Motors to be excluded from Auto PLI due to lag on investments
Subscribe to enjoy similar stories. A dozen companies including state-run Bharat Heavy Electricals Ltd (Bhel) and the Indian entity of Korean automaker Kia Motors will be excluded from the production-linked incentive (PLI) scheme for automobiles and auto components, two people aware of the matter said, since these companies have made no investments under the scheme since it was launched in 2021. Some of these companies including Kia India Pvt.
23.12 / 00:07
markets UPS Target FIVE Align Food Cycling Earnings growth slowdown appears temporary, says Franklin Templeton's Hari Shyamsunder
Subscribe to enjoy similar stories. Government capex would align with nominal GDP growth in times to come while private capex is expected to gather pace over the next three to five years, driven by higher capacity utilisation and an uptick in investments in emerging sectors such as renewables and electric vehicles, according to Hari Shyamsunder of Franklin Templeton. Shyamsunder, vice president & senior institutional portfolio manager—emerging markets equity—India at the company, said the slowdown in corporate earnings in the second quarter ended September was temporary.
22.12 / 16:31
markets UPS FIVE Reuters Software Trade reports Christmas Santa Claus rally in Wall Street, US Stock Market: Will S&P 500 disappoint traders, investors this year?
The benchmark S&P 500 is up more than 24 per cent for 2024, even after a major stumble this week, and Wall Street has historically often enjoyed a strong annual close, according to the Reuters report. Since 1969, the last five trading days of the year combined with the first two of the following year have yielded an average S&P 500 gain of 1.3 per cent, a period known as the «Santa Claus Rally», according to the Stock Trader's Almanac. But this year, there are signs Santa Claus may disappoint, Reuters reported.
22.12 / 15:55
UPS FIVE Ball Software Matthews performer bowling 1st ODI: India Women ride on Mandhana, Renuka's top performances to clinch 211-run win over Windies
Renuka Thakur Singh's five-wicket haul powered India Women to a commanding 211-run victory over West Indies Women in the first ODI of the series at the Kotambi Stadium in Vadodara on Sunday. Having secured a 2-1 win in the preceding T20I series, India Women extended their dominance in white-ball cricket. The emphatic win on Tuesday gave the Women in Blue an early lead in the ODI series. West Indies, led by Hayley Matthews, won the toss and opted to field. However, Harmanpreet Kaur's team set a daunting target for the visitors in the first innings.
22.12 / 10:35
markets UPS FIVE Digital Software Experts show Number of "active" companies in India climbs 54% in just five years
In absolute terms, the jump to 1.78 million from 1.16 million active companies is the highest for any five-year period, with officials and analysts attributing the surge to the country’s robust economic growth prospects over the medium-to-long term and greater ease of doing business. The decriminalisation of dozens of minor offences under the Companies Act since 2019 also helped, they added.
22.12 / 06:23
markets COST FIVE CEO Racing Research reports Nissan needs a Honda rescue. What went so wrong?
Subscribe to enjoy similar stories. Nissan, once a symbol of Japan’s carmaking prowess, spent the past five years trying to regain its footing after the arrest of longtime leader Carlos Ghosn, only to find itself in a precarious spot again. The carmaker has been slashing jobs, cutting vehicle production and reporting lower profit.
22.12 / 04:53
markets FIVE Analysis Healthcare Trade Experts performer Year-ender 2024: FII selling crosses Rs 1 lakh crore in 2 sectors. Will 2025 see a U-turn?
FPIs) were quite severe on two sectors viz. financials and oil & gas where they sold shares worth over Rs 1 lakh crore. They have been net sellers in a month on five occasions while remaining net buyers seven times. As on December 20, 2024, they had bought domestic shares worth Rs 6,770 crore.
21.12 / 23:11
markets FIVE Digital Ball Software reports Arsenal Jesus brings Christmas hope for this Premier League club. Here's how
Arsenal side swept Crystal Palace aside 5-1 on Saturday to move just three points behind leaders Liverpool, as per a report. Gabriel Jesus, who scored a hat-trick against Palace in the League Cup at the Emirates on Wednesday, netted twice at Selhurst Park and was only denied a third by the width of a post, with Kai Havertz pouncing, AFP reported. Palace forward Ismaila Sarr, who had pulled his team level at 1-1, failed to make the most of two inviting opportunities early in the second half. Instead Arsenal added two more, climbing back into third place above Nottingham Forest, who had leapfrogged them earlier in the day.
21.12 / 20:57
markets FIVE Software Refugees Experts PAM Investigations A Saudi man was detained after a German market attack
However, for many of the city's citizens, all of that craziness has now vanished and transformed into sheer grief. Others are experiencing high levels of tension, and some are wondering if they will be better protected in the future. It is now dark in the Christmas market. It has been cordoned off completely. There is a lot of anger regarding security, and there is a lot of grief among many people right now.
20.12 / 15:11
markets UPS Provident FIVE Booking economy Cycling Posthaste: Economists feel around for Bank of Canada end rate as whirlwind year of cuts comes to close
It’s been an action-packed year for the Bank of Canada, with policymakers cutting interest rates five consecutive times by a total of 175 basis points.
20.12 / 04:35
markets FIVE Strategy Analysis Trade Experts track Sensex, Nifty volatile in early trade, IT stocks outperform on Accenture earnings
metal stocks, amid lingering concerns over a slower pace of rate cuts by the US Federal Reserve. The BSE Sensex was trading 300 points, or 0.41%, lower at 78,896.67. The Nifty50 was down 62.25 points, or 0.26%, trading at 23,889 around 9:53 am.
19.12 / 23:03
markets COST FIVE Compilation security wellness show Canadians urged to take risks as equity deals hit 23-year low
Investment bankers are urging Toronto-listed companies to buy a business or raise some money as deal volumes in Canada have fallen to their lowest levels in 23 years.
19.12 / 23:03
COST UPS FIVE security economy wellness Courts Pushing companies 'over the edge': Oil and gas insolvencies surge to three-year high
A protracted downturn in natural gas prices has battered the balance sheets of some oil and gas producers in Western Canada, driving insolvencies in the sector to their highest level in three years.
19.12 / 23:03
FIVE students country Colleges International Two million people are expected to leave the country in Canada's immigration reset. What if they don't?
Despite moving to Canada from India in 2018 as an international student and receiving a work permit upon graduating two years later, Dinesh* lives in Ontario today as a visitor even though that was obviously not the original plan.
19.12 / 16:05
markets COST UPS FIVE Experts A 30-year mortgage with no rate hikes: Can the U.S. model work in Canada?
Imagine it: You buy a house, and the bank offers you a single rate of interest that will keep your mortgage payments steady for the next 30 years.
19.12 / 15:03
FIVE Software students Experts travelers prevention International Mumbai woman arrested for changing passport arrival date to hide return from parents
immigration officials stopped her from boarding a flight to Toronto. The arrest followed the discovery of irregularities in her passport, which had been tampered with to hide certain details about her travel. Satveer Kaur, a resident of Punjab, was set to travel to Toronto to join a new job after completing her higher studies in Canada. However, when officials examined her passport, they found that the arrival date of September 28 had been deleted. The police later revealed that Kaur had removed this date to prevent her parents from knowing when she had returned to India. According to a police official, «She said that her parents were unaware about her arrival on Sept 28. She did not want her parents to know about it as she had gone to meet her friend.»

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