FIVE Financial News
11.12 / 16:37
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Sustainability
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Department
Odisha govt approves 7 renewable energy projects worth Rs 1,386 cr
The approved projects include a 99 MW wind power project, five ground-based solar projects of 91.77 MW and one rooftop solar project of 1.64 MW, it said. These projects will leverage Odisha's natural potential for renewable energy generation, emphasising the state's commitment to achieving its renewable energy goals under the Odisha Renewable Energy Policy-2022, the department said.
11.12 / 12:29
Provident
FIVE
Strategy
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information
Department
budget 2025
Budget 2025: Five steps of India's Budget formation explained
Budget 2025: Every year, the Department of Economic Affairs in the Ministry of Finance prepares the Union Budget, which is then presented by the Finance Minister. The Budget which is tabled annually serves as a financial plan for the country and lays out the estimated earnings and expenditures of the government for the upcoming fiscal year. Here are the five essential steps involved in the formation of the Union Budget: Initial Processes: The process starts approximately six months before the Budget is presented. The Finance Ministry releases Budget Circulars to the relevant ministries and departments, providing essential instructions and guidelines. These circulars are then circulated among disbursing and field officers, who provide information about their department’s financial expenditures, receipts for the current and previous fiscal years, and their financial needs for the upcoming fiscal year.
11.12 / 12:25
11.12 / 09:03
markets
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The great unknown: how a Trump presidency could affect the world, in five charts
Subscribe to enjoy similar stories. US President Harry S. Truman once famously asked for a “one-handed economist" because he was tired of economists who, instead of giving decisive answers, would say, “On the one hand, this, and on the other hand, that." As 2024 ends, we can see why that’s so.
11.12 / 08:39
markets
Target
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Strategy
Experts
cover
Profiles
Mutual fund investments: How to invest in mutual funds to build a 25-lakh corpus
I have a corpus of Rs 15 lakh after surrendering my LIC policy. I want to invest this amount for the goal of my daughter’s higher education. I have an investment horizon of four to five years. I would like to build a minimum of Rs 25 lakh corpus. Could you suggest some mutual funds? Can I invest some amount in mid- or small-cap funds for better returns? Dev Ashish Founder, StableInvestor, and Sebi-registered investment adviser: With a starting capital of Rs 15 lakh, your investment needs to earn 10.8-13.6% to reach the target of Rs 25 lakh in four to five years.
11.12 / 02:11
10.12 / 23:03
FIVE
CRA
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inclusion
Updates
Five options for how the proposed capital gains inclusion rate increase could play out
Finance Minister Chrystia Freeland says she will deliver the overdue fall economic statement on Monday, just a day before the House of Commons’ last sitting day of Dec. 17. Why the delay? I’m not buying the lame stated excuse that filibusters have been the cause. Instead, this is a continuing display of this government’s overall incompetence.
10.12 / 20:29
Citi
FIVE
Death
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Investigations
Death toll in Italy fuel depot blast rises to 5
Italian media reported that rescuers have found the body of the last missing person at the site of the explosion that hit a fuel depot a day earlier in the central Tuscany region
10.12 / 20:29
10.12 / 18:55
markets
UPS
FIVE
Digital
Software
Barcelona
Lewandowski leading Barca Champions League charge on Dortmund return
Robert Lewandowski's revival has been a key to Barcelona's strong start to life under Hansi Flick as the striker returns to Dortmund to face Borussia in the Champions League on Wednesday. The 36-year-old Pole has netted 23 goals in 21 games across all competitions this season, taking Barcelona top of the Spanish league and up to third in the European standings. They lead last year's Champions League finalists Dortmund, who like Barcelona have four victories from five games, on goal difference before their meeting in Germany.
10.12 / 16:21
FIVE
President
country
2020
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rights
International
Soros' Open Society Foundations say they remain focused on human rights
George Soros' philanthropy, Open Society Foundations, will continue to fund human rights movements around the world
10.12 / 15:43
markets
FIVE
Digital
Strategy
Software
information
orienteering
Next phase of PMAY-G to include self-survey option
Pradhan Mantri Awas Yojana-Gramin has a provision for people to conduct a «self-survey», the government informed the Lok Sabha on Tuesday. In a written reply, Union Minister of State for Rural Development Chandra Sekhar Pemmasani said the government approved the proposal for implementation of the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) for five more years. Approval was also accorded for updating the Awaas+ list for identifying eligible rural households using modified exclusion criteria under the scheme. «In line with the approval of the government of India, a survey is being conducted for the identification of additional eligible rural households under the scheme,» the minister said.
10.12 / 15:15
FIVE
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Israel’s Netanyahu testifies in his corruption trial for first time
Subscribe to enjoy similar stories. TEL AVIV—Israeli Prime Minister Benjamin Netanyahu took the stand on Tuesday to testify in his long-running corruption trial even as he manages a multi-front war—underscoring the tensions around his leadership Netanyahu, who will be the first sitting Israeli prime minister to testify in his own trial, was indicted in 2019 for corruption, fraud and breach of trust, charges he denies. Despite repeatedly requesting an extension because of Israel’s war in Gaza and in Lebanon, the courts said he must be available to testify three times a week for six hours at a time over the next few weeks.
10.12 / 13:05
markets
FIVE
Analysis
Enterprise
Research
Trade
reports
Biggest, fastest and most consistent: Adani Enterprises, Tata Motors lead Motilal Oswal's top 10 all-round wealth creators
Adani Enterprises, Varun Beverages, Tata Motors were among 10 stocks that created the biggest, fastest and most consistent wealth over the last five years, according to a Motilal Oswal report, which defines this lot as the all-round wealth creators. Motilal Oswal's annual study on the leading wealth creators in India found that about 10 stocks including Adani Enterprises, Adani Green, HAL, Varun Beverages, Adani Power, Trent, Tata Motors, CG Power and Siemens created the best all-round wealth for investors.
10.12 / 13:05
UPS
Provident
FIVE
Platform
stage
innovations
Government released Rs 122 crore to over 1,700 agri-startups in last 5 years: MoS Agri
Rashtriya Krishi Vikas Yojana (RKVY), aims to promote innovation and agri-entrepreneurship, by providing financial and technical support for nurturing startups. Minister of State for Agriculture Bhagirath Choudhary, in his written reply to the Lok Sabha, said a financial assistance of Rs 122.50 crore has been released to 1,708 agri startups from 2019-20 to 2023-24. The funds were released through five Knowledge Partners (KPs) and 24 RKVY Agribusiness Incubators (R-ABIs) that provide training and incubate startups for implementation of this programme.
10.12 / 11:11
FIVE
Booking
Food
wellness
Features
bowling
A recipe for eggless chocolate suji cake for the party season
Subscribe to enjoy similar stories. It’s the season for all things that bring joy. In keeping with this vibe, the prolific baker and content creator Shivesh Bhatia launched a cookbook titled, Chocolate.
09.12 / 22:33
09.12 / 19:29
09.12 / 16:47
Provident
FIVE
Landmark
show
rowing
Taylor Swift’s Eras Tour ends by shattering own record, grossing an estimated $2.2B, Pollstar says
Taylor Swift’s Eras Tour brought in approximately $2.2 billion in its nearly two-year run, making it the highest-grossing tour of all time for a second year in a row
09.12 / 16:17
markets
UPS
FIVE
EBAY
Platform
How an app selling secondhand clothes went from near collapse to worth $5 bn
Subscribe to enjoy similar stories. VILNIUS, Lithuania—Thomas Plantenga was working as a consultant in New York when he was summoned to this Baltic capital more known for its medieval architecture than its tech scene. The 2016 assignment was to spend five weeks with a startup called Vinted that was growing fast but struggling to reach profitability as a platform for selling secondhand clothes.
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