FIVE Financial News

17.08 / 19:09
Target FIVE Fighting Power Warning WA backtracks on coal after power supply warning
The West Australian government has been forced to push back plans to shut down coal-fired power generation after warnings about supply shortages and summer blackouts within the next two years.
17.08 / 18:57
FIVE Career Platform Rhythm performer star social stars International Ireland T20Is: All eyes on Bumrah; India's Gen-Next stars ready to shine on international platform
Jasprit Bumrah will be cynosure of all eyes when he leads India against Ireland as the fast bowler's fitness and rhythm will be tested in the three-match T20 International series, starting Friday. The team is packed with India's Gen-Next IPL performers like Ruturaj Gaikwad, Rinku Singh and Jitesh Sharma but stakeholders in Indian cricket will keenly observe Bumrah, who will be key to home team's plans during the ODI World Cup starting in less than two months.
17.08 / 18:57
FIVE Aware Assurant BJP's MP unit seeks 5-6 rallies by PM Modi ahead of election dates
BJP's Madhya Pradesh unit has asked for five to six rallies of Prime Minister Narendra Modi to be held in the state before the announcement of assembly polls. State leaders have requested Modi to address region-wise rallies in two months.
17.08 / 18:33
FIVE Manipur's 10 tribal MLAs 'won't attend assembly session'
MLAs, who have been demanding a separate administration for tribals in Manipur, will skip the state assembly session scheduled to begin from August 21, citing security reasons as the session will be held in Imphal, which is Meitei-dominated. The Kuki-Zo MLAs, including seven from the ruling BJP, have sent a petition to Prime Minister Narendra Modi seeking creation of the posts of chief secretary and director general of police for the five hill districts of Churachandpur, Kangpokpi, Chandel, Tengnoupal and Pherzaw.
17.08 / 18:19
COST Citi FIVE Extreme Crisis in diamond city: Is Surat’s sheen dimming?
diamond industry is in the middle of a major upheaval. Many people have lost their jobs and some have taken their lives. Mint looks at the issue that is plaguing India’s diamond city and the reasons behind this crisis.
17.08 / 18:05
UPS Provident FIVE Digital country social Sitharaman urges CAs to adopt carbon, CSR, ESG practices
Finance minister Nirmala Sitharaman has urged chartered accountants (CAs) in the country to familiarize themselves with new-age concepts and areas of accounting and compliance including carbon accounting, CSR (corporate social responsibility) accounting and auditing as well as due diligence related to ESG (environmental, social and governance) to be at par with their counterparts in other nations amid changing global practices and compliance needs. “There are newer areas with which chartered accountants will have to familiarize themselves, especially given global developments, to better advise clients on new greenfield areas.
17.08 / 18:03
UPS Provident FIVE Action Strategy Morningstar House Republicans House Republicans take anti-ESG campaign to CalPERS
The California Public Employees’ Retirement System has turned over thousands of pages of documents in recent months to Congress as the country’s largest pension fund faces Republican scrutiny for its investment practices intended to combat climate change.
17.08 / 16:47
FIVE Reuters CEO band Overnight Indexed Swap rates surge as investors brace for RBI rate hike: Report
RBI) upcoming rate hike, said Reuters in its report. "The short-end of the OIS curve is completely factoring in one more rate hike over the next few months while talks of rate cuts have died down for now," said Vijay Sharma, senior executive vice president at PNB Gilts, according to Reuters report. The five-year swap rate increased to 6.75% on Thursday, surpassing a level last recorded on February 27.
17.08 / 16:33
FIVE Aviat RAI Congress hands Randeep Surjewala poll bound Madhya Pradesh in organisational rejig
Bhartiya Janata Party (BJP) released their first list of 39 candidates for the poll bound state. Madhya Pradesh is slated to go into polls in Novermber or December this year. Notably, Madhya Pradesh polls is also one of the five most crucial assembly elections yet to be conducted ahead of the 2024 Lok Sabha Elections.
17.08 / 16:33
UPS IPO Provident FIVE Strategy country TPG, Temasek double down on Dr. Agarwal’s
₹650 crore ( $78 million) from existing investors TPG Growth and Temasek to bolster its aim of doubling its network of eye clinics in the country primarily through acquisitions. The Chennai-based company will also consider a public listing in two to three years, said senior company executives. The fresh infusion entirely comprised a primary issue and valued the company at ₹6,000 crore, said Dr.
17.08 / 16:05
FIVE Discover awards CAT Persona Jail TV Comedian Tom Binns spared jail despite possession of over 35,000 child abuse images
Renowned for his appearances on Channel 4’s «8 Out Of 10 Cats Does Countdown,» TV comedian Christopher Thomas Binns, popularly known as Tom Binns, has evaded imprisonment after being discovered with a staggering collection of more than 35,000 indecent images of children.
17.08 / 15:49
UPS FIVE Coca-Cola Manufacturing Apple Warren Buffett gives $27 million in Berkshire Hathaway stock to an unnamed charity
Warren Buffett donated 50 Class A shares of Berkshire Hathaway stock worth $27 million to an unnamed charity this week
17.08 / 15:47
UPS FIVE CEO Continental hospital Eye Care hospital chain Dr. Agarwal's raises Rs 650 crore funding
Dr Agarwals Health Care has raised about Rs 650 crore from the TPG Growth and Singapore's sovereign wealth fund Temasek, within a year of raising Rs 1,050 crore from them in an earlier round. The Chennai headquartered chain said they would use about Rs 1,200 crore to double their hospital count to 300 in the next 2-3 years. The company is mainly looking to open hospitals in Maharashtra, Delhi and Uttar Pradesh, a shift from its established ground in South India, company Chairman Dr.
17.08 / 15:21
COST UPS FIVE show Ex-Bank of Canada governor Poloz sees cracks in consumer resilience
Former Bank of Canada governor Stephen Poloz says inflation is likely to cool faster than people are expecting, opening the door for lower interest rates.
17.08 / 14:45
UPS FIVE Reuters country social Latin Venezuela's oil leaks, gas flaring continues to devastate environment, despite pledges of remedy: Report
Reuters report also notes that the result of the Latin American country's economic crisis is evident in the environmental damages. An economic crisis has resulted in lower investment and staffing, thereby failing on the promises of clean up for oil spill and control of gas flaring. Experts have also cited the US sanctions on Venezuela for the damages on the environment.
17.08 / 14:45
Provident FIVE Manufacturing Walmart Recall reports Over 1.5 million dehumidifiers are under recall after fire reports. Here's what you need to know
More than 1.5 million dehumidifiers are under recall following reports of nearly two dozen fires, the U.S. Consumer Product Safety Commission said Wednesday
17.08 / 14:35
FIVE Strategy Lost In 1st list for MP assembly polls, BJP focuses on seats it lost in 2018, those reserved for SCs/STs
Madhya Pradesh, the ruling Bharatiya Janata Party (BJP) has focused on seats it lost in 2018 and some of them even in 2013, and has reposed faith in 14 candidates, including three former ministers, who lost last time. In what appears to be a change in strategy, the BJP on Thursday released its first list of 39 candidates, including five women, in Madhya Pradesh even before the announcement of poll schedule, stealing a march over its main rival Congress in terms of election preparedness and finalisation of nominees. Madhya Pradesh, where assembly polls are due by the year-end, has a 230-member House. Last week, the Mayawati-led Bahujan Samaj Party (BSP), a marginal player in the central state known for its bipolar politics, had released its first list of seven candidates, becoming the first political party to do so. The 39 seats for which the BJP has announced its candidates were lost by the saffron party in the last assembly polls held in November 2018, almost all of them to the Congress which formed its government in December that year, but was ousted from power in March 2020. Of these 39 assembly seats, the BJP had failed to win some in 2013 too. A cursory look at the list, which includes a number of seats reserved for SC/ST candidates, indicates the BJP has reposed faith in 14 candidates, including three former state ministers — Lalsingh Arya, Lalit Yadav and Omprakash Dhurwey — who lost elections five years ago.
17.08 / 14:35
UPS FIVE Sony country Private equity, venture capital investments in India falls 5% to $3.9 billion in July: Report
Private equity and venture capital funds' investments in the country declined 5% to $3.9 billion across 59 deals in July, a report said on Thursday. While overall investments were lower than the $4.1 billion in July last year, the amount was 17% higher than June this year, as per the report by industry lobby IVCA and consultancy firm EY.
17.08 / 14:05
UPS FIVE CEO performer asset allocation Shriram AMC to launch Shriram Multi-Asset Allocation Fund on Aug 18
Shriram Asset Management Company would launch its latest Shriram Asset Allocation Fund on August 18, a top official said here on Thursday. The company, part of the diversified conglomerate Shriram Group, expects to offer long term 'inflation-adjusted wealth creation' through exposure to multiple assets including equity, debt, gold Exchange Traded Funds (ETFs).
17.08 / 14:05
FIVE Dreams Chase Corona Returns open Novak Djokovic returns to US after 2 years, wins first match at Cincinnati Open
Novak Djokovic won the first set of the Cincinnati Open 6-4 against Alejandro Davidovich Fokina, who retired with pain in his back. It was Djokovic's first match in the US after 2019 when he was not allowed to participate in the U.S. Open for not taking the mandatory Corona vaccine before the match.

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