FIVE Financial News

02.08 / 18:03
UPS Provident FIVE Booking Ripple Action 90 detained, all rioters will be punished: Haryana CM Manohar Lal
Nuh and its adjoining areas in Gurugram, Haryana Chief Minister Manohar Lal on Wednesday said those who are responsible for violence will be held accountable for all the losses of private properties. In the aftermath of the violence in Nuh, the state government has cleared all the land-related hurdles for setting up a camp of CRPF's anti-riot unit, Rapid Action Force (RAF), at Indri village in the district, nearly five years after the approval from the Centre. The CM also sought four additional companies of central forces and said an India Reserve Battalion will also be deployed in Nuh.
02.08 / 18:03
FIVE awards shootings show penalty Pittsburgh's Tree of Life synagogue attack: Who is Robert Bowers? Truck driver who gets first US federal death penalty in Joe Biden's tenure
Robert Bowers was sentenced to death by a federal jury for for killing 11 worshippers at Pittsburgh's Tree of Life synagogue in 2018. The first federal death penalty under the US President Joe Biden's tenure has been awarded for the deadliest anti-Semitic attack in American history. It was a unanimous judgement else Bowers would have been awarded life sentence without parole.
02.08 / 17:27
COST FIVE CEO performer beautiful Nykaa CEO Falguni Nayarto lead marketing function
Mint has learnt. Falguni Nayar, founder and CEO, will now lead the marketing function, the company said in statement. “As announced in April 2023, marketing leadership at Nykaa has been strengthened over the last year across performance marketing, customer lifecycle management and content charters.
02.08 / 17:19
FIVE Actor Bollywood actor Dilip Kumar's Pali Hill bungalow to make way for luxury residential project
Bollywood actor Dilip Kumar's family has entered into an agreement with realty developer Ashar Group to develop a luxury residential project on the Pali Hill plot that housed the superstar's bungalow. The new project, spread over nearly half an acre of land parcel in Mumbai's Bandra suburb, will also house a museum dedicated to the actor's life journey and key milestones.
02.08 / 17:13
COST UPS FIVE How much should I invest in a SIP for my child’s education?
I am 36 years old and do not have a Systematic Investment Plan (SIP) so far due to my home loan and other financial liabilities. Now that I intend to start a SIP, how much should I invest every month to secure the future of my family, including my child? —Name withheld on request As a first step you need to establish how much you need for your financial goals. Since you have not mentioned your child’s age so we assume that your child is five years old and will start college in about 13 years.
02.08 / 16:35
Target FIVE Booking track country surges Godrej Properties Q1 Results: Net profit surges 3-fold to ₹125 crore, sale bookings down 11% YoY
₹124.94 crore for the first quarter of this fiscal, while sale bookings fell 11 per cent annually in April-June period to ₹2,254 crore. The company also plans to raise ₹2,000 crore, in one or more tranche, through issue of non-convertible debentures (NCDs) and bonds on private placement basis. Its net profit stood at ₹45.55 crore in the year-ago period.
02.08 / 16:13
UPS Lowe's FIVE show Unemployment Low Double-digit growth in real wages, retail sales as Russia's unemployment hits record low
(Reuters) — Record low unemployment in June highlighted Russia's stark labour shortage, statistics data showed on Wednesday, even as the rebound from last year's economic slump continued with double-digit jumps in wage growth and retail sales.
02.08 / 15:32
MET FIVE Booking Action Fitch The United States just got downgraded. Should we care?
The unexpected downgrade of U.S. government debt sent shockwaves across the economic and political landscapes. In financial markets, the move was met with what amounts to a shrug.
02.08 / 15:19
COST UPS Citi FIVE Digital performer Bank RoA at peak, need investment in tech, talent says McKinsey
bank profitability in the next couple of years, consultancy firm McKinsey & Co said. It expects banks' return on asset (RoA) to drop to 0.80% to 1% range in the next two years from 1.1% at the end of fiscal 2023. McKinsey expects the structural re-allocation of household savings away from deposits to hit deposit growth which together with high inflation will keep banks’ cost of funds on a upward bias.
02.08 / 15:19
FIVE Gyanvapi-Shringar Gauri case: Plea alleges Hindu symbols in complex being destroyed
Varanasi's Gyanvapi-Shringar Gauri case on Wednesday filed a plea in the district court accusing the Muslim side of destroying Hindu symbols and demanding protection of the complex. The petition was filed in the court of District Judge Ajay Krishna Vishwesh on Wednesday, senior government counsel Rajesh Mishra said. The court has fixed August 4 for hearing the matter, Mishra said.
02.08 / 15:13
UPS ETH Twitter FIVE Man stage social Crypto Whale Crypto Whale Invests $1 Million in Wall Street Memes Presale, $20 Million Milestone Hit – $WSM the Next Meme Coin to Explode?
Wednesday, August 2, 2023 – A crypto whale has invested $1 million in the Wall Street Memes $WSM presale, powering the new meme coin past its $20 million fundraising milestone.
02.08 / 15:08
Provident FIVE Art Remark country Who can recommend revocation of Art 370 when no constituent assembly exists in J-K, asks SC
constituent assembly exists there? The Supreme Court Wednesday put this question to the petitioners who have challenged the abrogation of the constitutional provision that bestowed special status on the erstwhile state. A five-judge constitution bench headed by Chief Justice DY Chandrachud today commenced hearing a batch of pleas challenging the Centre's August 5, 2019 decision to abrogate Article 370, a move that had come in for vicious attack by some major opposition parties but earned fulsome praise from those supporting the BJP.
02.08 / 15:07
Provident FIVE Manufacturing Mobile Centre Support Lenovo opens shared support centre in Bengaluru, to add 1,000 jobs
Lenovo launched a centre in Bengaluru to provide network, and security operations services (NOC/SOC) to its customers globally. Currently opened with 125 employees, the company plans to increase its headcount to 1,000 over the next few years. In the initial phase, the shared support centre will deliver a suite of remote infrastructure managed (RIM) services on servers, operating systems, virtualization, storage, network, data protection, database, middleware, security operations, public cloud operations and vendor management.
02.08 / 15:07
Dash FIVE Ball Action Continental show Team India's squad for Asia Cup 2023: What could be the playing XI?
Team India played like a champion squad and amassed a big total of 351/5 from their 50 overs in the third ODI on Tuesday and comprehensively dominated the West Indies to bundle them out cheaply for 151 to win the series 2-1. India showed a blip in form in the second ODI and drew criticism from many former players, but bounced back perfectly in the third ODI. After playing five T20 matches against the West Indies, Team India will be in action in the hugely anticipated 2023 Asia Cup.
02.08 / 13:57
Citi Target FIVE Boeing fall UK public inflation expectations fall in July - Citi/YouGov
LONDON (Reuters) — The British public's expectations for future inflation fell in July, U.S. bank Citi said on Wednesday, offering some relief to the Bank of England which is expected to announce its 14th back-to-back interest rate increase on Thursday.
02.08 / 13:49
UPS Provident FIVE Extreme Highways country Rajya Sabha passes Forest Conservation (Amendment) Bill
New Delhi: The Rajya Sabha on Wednesday passed the Forest (Conservation) Amendment Bill, which will exempt land within 100 km of the country's border, that is needed for national security projects, small roadside amenities, and public roads leading to habitation, from the purview of the forest conservation laws. It also exempts land up to 10 ha, proposed to be used for constructing security-related infrastructure, or the land proposed to be used for constructing defence-related projects, camps for paramilitary forces, or public utility projects as specified by the central government not exceeding five hectares in left-wing extremism affected area, from conservation laws.
02.08 / 13:49
COST UPS FIVE Enterprise show fall McKinsey expects return on assets of banks to fall in 24-30 months
Mumbai: Indian banks are likely to post a lower return on assets, between 0.85 and 1%, in the next 24-30 months as net interest margins (NIMs) contract due to repricing of deposits, showed an analysis by McKinsey & Co. Return on assets (RoA) of the banking system, a measure of profitability in relation to assets, stood at 1.1% in FY23, up from -0.2% in FY18 and 0.9% in FY22. “If we take a 12-18 month view, we expect RoAs to fall.
02.08 / 12:47
UPS FIVE Manufacturing Parke Tesla country Leases Tesla leases office in Pune’s Viman Nagar amid India foray talks
Tesla are meeting up with Indian government officials to discuss its foray into the country, the US-based electric vehicle manufacturer has picked up office space in Pune’s Viman Nagar locality. The company’s India arm, Tesla India Motor & Energy, has leased the office spread over 5,850 sq ft in a coworking center on the first floor of one of the towers in Panchshil Business Park. The lease will have a total term of five years starting from October 1 with a lock-in period of three years.
02.08 / 12:33
FIVE CEO Align Hightower partner Fairport Wealth’s AUM reaches $4.5B on acquiring RIA firm
Fairport Wealth, a Hightower advisory business partner based in Cleveland has added another firm to its growing footprint.
02.08 / 12:25
FIVE show Over 60 per cent people from rural areas go out of state for better medical treatment: Study
migrate" out of their state for availing treatment for major diseases, according to a report. The 'State of Healthcare in Rural India-2023' study had 6,478 respondents, 75 per cent men and 25 per cent women, across six regions — north, south, northeast, east, central and west. The report also stated that at an all-India aggregate, a little over 10 per cent of rural India went to a public primary healthcare facility for serious ailments. The majority used government-run secondary-level facilities (around 60 per cent), about 22 per cent went to a private facility, mostly hospitals, and just over five per cent consulted a private medical practitioner, the study by Transform Rural India and Sambodhi Research Pvt Ltd found. People in northeastern states have the highest preference for «migration» for health facilities and 84 per cent respondents in this region said they would go out of their states in search of better medical treatment, it stated. The percentage for the eastern region was 66 and for the central region 61 with respondents expressing similar intentions, the report stated.
02.08 / 11:41
UPS FIVE SENSEX Your money: Know how to identify value traps & avoid them
As the Sensex has crossed the 66,000-level, it is quite possible for investors to fall into a value trap, a situation in which an investment appears to be undervalued by using traditional valuation metrics.

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