FIVE Financial News

07.08 / 19:13

UPS Target FIVE Cooper show country Tomato prices up on rains, crop seasonality, says FM Nirmala Sitharaman

tomato prices has been driven by a raft of factors, including crop seasonality and heavy monsoon downpours, and the government has taken a series of steps to address inflationary pressure in essential commodities, finance minister Nirmala Sitharaman told Parliament on Monday. White fly disease in Kolar district of Karnataka, heavy monsoon showers in parts of northern India and logistics disruptions in isolated areas in the wake of floods are also to be blamed for the sudden surge in tomato prices, the minister said in a reply to the Lok Sabha.

07.08 / 19:13

UPS Provident FIVE Women judicial panel to study Manipur atrocities

Supreme Court has constituted a three-member women judicial committee, comprising three former high court judges, to examine «relief, remedial measures, compensation, restoration of houses» and other humanitarian issues of Manipur's violence victims. A bench headed by CJI DY Chandrachud issued a direction to this effect on Monday. The committee will be headed by Gita Mittal, retired chief justice of J&K High Court.

07.08 / 18:59

IPO FIVE Manufacturing Assurant track Bajaj Hindusthan plans to infuse fresh equity into business: Chairman Kushagra Bajaj

Bajaj Hindusthan Sugar, one of India's largest sugar and ethanol producers, is looking to turn the corner by putting its debt issues behind. In an interview, chairman Kushagra Bajaj told ET's Deborshi Chaki about the group's plans to infuse fresh equity into the business, which will entail zero haircut for the lenders. Edited excerpts:Where are you with your conversations with the lenders of Bajaj Hindusthan to reach a settlement? There was an error of judgment on our part when we defaulted and, by the time we rectified the mistake, the matter had already reached NCLT.

07.08 / 18:47

Provident FIVE Manufacturing Gap Strategy electronic Record $70 bn revenue for auto parts makers

electric vehicle parts, barring EV batteries, to overall auto components supplies to 2.7%, compared to 1% in FY22. India’s EV component sales are dominated by electric two- and three-wheelers, with electric passenger vehicles (four-wheelers) representing just 1.0-1.5% of total EV sales. The auto components segment has been growing at a compound annual growth rate (CAGR) of 4.1% over the last five years.

07.08 / 18:47

UPS Target FIVE Progressive Manufacturing ExxonMobil RIL ready to double its green energy investment to ₹1.5 trillion

Reliance Industries Ltd (RIL) said it is committed to double its investment target for green energy to ₹1.5 trillion, as part of the company’s initiatives to expand its renewable energy portfolio. In 2021, RIL announced an investment of ₹75,000 crore to build its new energy business. “Once proven at scale, RIL is prepared to double the investment to scale up its manufacturing ecosystem.

07.08 / 17:17

UPS FIVE Reuters show Fed should do more to encourage discount window use: ex-Fed staffer

By Ann Saphir

07.08 / 15:55

Provident FIVE Career CEO UBS end How the end of the student loan pause could affect retirement saving

Saving for retirement isn’t going to be a priority for many workers when federal student loan payments resume this fall after a 3½-year hiatus.

07.08 / 14:27

FIVE Aviat Airlines Boeing Enterprise Honeywell Explainer Mint Explainer: Akasa Air turns 1. What now?

New Delhi: India’s youngest airline Akasa Air completes one year of operations today and is now getting ready to launch international flights as it now has 20 aircraft in its fleet. According to the current regulatory framework, an airline needs to complete five years of operations or must have a fleet of at least 20 aircraft to be eligible to fly overseas. Mint takes a look at where is Akasa headed: The idea of Akasa Air took birth during the year 2020 when industry veteran Vinay Dube approached stock market investor Rakesh Jhunjhunwala.

07.08 / 13:35

Lowe's FIVE Reuters Manufacturing show Support Yuan loses core support as firms leave China

By Samuel Shen and Tom Westbrook

07.08 / 11:59

COST UPS FIVE McDonald’s show Customers Fast-Food Customers Are Giving Up on Dining In

Covid-19 pandemic. Across U.S. fast-food chains, diners ate 14% of orders at a restaurant in the first five months of this year, less than 21% before the pandemic, data from market-research firm Circana show.

07.08 / 11:39

Citi Lowe's FIVE Mobile Align Parke Metro Kolkata tops India with 2,448 cars per km; Most roads cross vehicle-carrying capacity

Kolkata Police have revealed that Kolkata boasts the highest vehicular density among all Indian metros, with 2,448 vehicles per kilometre of road. This finding echoes the lived experience of many Kolkatans, who are grappling with increasingly prolonged commutes due to mounting traffic congestion. Over the past five years, average trip times within the city have doubled, aligned with a significant surge in personal vehicles and a decline in public transportation, primarily attributed to the pandemic.

07.08 / 11:19

COST FIVE Remark show US stock futures gain, Treasury yields rise

US stock futures pointed to a rebound from last week’s selloff, while Treasury yields rose. Wheat prices climbed as Ukraine attacked a Russian oil tanker in the Kerch Strait, threatening a key export route.

07.08 / 11:13

FIVE Mobile country social 2023-24 Champions League and Europa Conference League draw: How to watch on TV and live streaming

Champions League, Europa League, and Europa Conference League will be held on August 7, 2023. Here are the details.

07.08 / 10:27

UPS FIVE Citizens Suryoday Small Finance Bank revises its FD rates in 5 years slabs by 85 basis points. Check new rates here

₹5 lakhs up to ₹2 crore slab. Here is the list of interest rate on deposits below ₹2 crore for regular customers as well as senior citizens. For thos who are depositing their money for long term like five years, here is the interest rate for deposits up to 10 years.

07.08 / 09:29

COST Citi Lowe's FIVE Booking week IRFC, Ircon hit 52-week high: Here's why five railway stocks trade in green - Explained

Narendra Modi launched a new capital expenditure (capex) programme worth ₹24,470 crores to revamp 508 railway stations on Sunday. Share of Indian Railway Finance Corporation Ltd (IRFC) and Ircon International Ltd gained over 6%, and touched 52-week high, while shares of Rites Ltd, Railtel Corporation of India Ltd, and Jupiter Wagons Ltd gained over 0.4% to 5%.

07.08 / 09:29

UPS Provident FIVE PwC ATO Move to break ATO ‘culture of secrecy’ welcomed

Former ATO deputy commissioner Mark Konza has welcomed moves to relax the secrecy provisions that helped keep the PwC tax scandal hidden for five years.

07.08 / 09:29

UPS FIVE CEO Airlines love performer Qantas shares could slide 30pc after boom, Angus Aitken warns clients

Qantas shares could fall 30 per cent as the airline faces hefty spending on aircraft and its once-loved brand is tarnished by poor customer service, high-profile stockbroker Angus Aitken has warned his clients.

07.08 / 08:19

FIVE CEO RIO voice rock Lithium boss calls for clarity amid WA heritage law debacle

Kalgoorlie | Pilbara Minerals chief executive Dale Henderson says West Australian companies are desperate for clarity as the WA government prepares to scrap new Aboriginal cultural heritage laws.

07.08 / 08:05

Provident Target FIVE CEO Platform Software Enterprise generative AI How is generative AI impacting work at Infosys? CEO Salil Parekh explains

leadership in AI. Topaz is aimed at creating efficiencies across the enterprise by using smart tools, platforms, and autonomous software engineering for business agility.

07.08 / 07:43

FIVE Remark CVS show performer Indian Indian auto retail sector sustains 10% YoY growth in July, 3-Wheeler segment shines with 74% surge: FADA report

all vehicle categories reported positive growth numbers during this period. Two-wheelers (2W) witnessed an eight per cent YoY increase, Three-Wheelers (3W) experienced a remarkable surge of 74 per cent, Passenger Vehicles (PV) showed a four per cent growth, Tractors (Trac) demonstrated a healthy 21 per cent expansion, and Commercial Vehicles (CV) held steady with a two per cent YoY growth. However, when analyzing the monthly performance, a mixed trend emerged.

07.08 / 07:43

UPS Provident FIVE country Who is keeping coal alive?

consign coal to history". As recently as 2020 the iea believed consumption had peaked a decade ago. Yet King Coal looks brawnier than ever.

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