FIVE Financial News
17.07 / 22:53
UPS
Citi
FIVE
Manufacturing
Action
National
South Dakota governor prods Washington to address national drug shortages
As the U.S. struggles with prescription drug shortages, South Dakota Gov. Kristi Noem has advanced a modest plan that she hopes will prod Washington to address weaknesses in the international pharmaceutical supply chain
17.07 / 22:47
17.07 / 21:15
UPS
Provident
FIVE
Digital
Mobile
Pool
Centre
Nokia
Nokia and TSSC launch 5G skill development centre in Gujarat
New Delhi: Finnish telecom gear maker Nokia and India’s Telecom Sector Skill Council (TSSC) will train 300 people in 5G, IoT and allied skills at the Nokia Centre of Excellence which was inaugurated at ITI Kubernagar, Gujarat, Monday. The centre is setting up a skill lab for training of the candidates with the aim of providing placement offers within 4-6 weeks of course completion to at least 70% of learners. About 300 such candidates will benefit from the program in the first year of the project. “As part of our larger commitment to local communities, we are facilitating connectivity and digitization to further positive socio-economic, educational and health impacts in India.
17.07 / 20:41
UPS
Target
FIVE
How immigration could be impacting the Bank of Canada's efforts to bring down inflation
Demand created from a record influx of immigrants could be one factor keeping inflation higher for longer than anticipated, some economists say, though Bank of Canada governor Tiff Macklem doesn’t appear overly worried about it.
17.07 / 19:43
Target
FIVE
Progressive
Waters
Proportion of poor dips to 14.9%, 135 mn pulled out of poverty
NITI Aayog on Monday said 135 million Indians moved out of multidimensional poverty in five years with the proportion of poor in the country down from 24.8% to 14.9% between 2015-16 and 2019-21, on the back of improvements in nutrition, years of schooling, sanitation and subsidised cooking fuel. Uttar Pradesh registered the highest decline in the number of poor with 34.3 million exiting poverty followed by Bihar (22.5 million), Madhya Pradesh (13.5 million), Rajasthan (10.8 million) and West Bengal (9.2 million), showed the National Multidimensional Poverty Index, released by the Aayog. The UNDP had in its global MPI report, released last week, said 415 million people exited multidimensional poverty in India in 15 years, from 2005-06 to 2019-21, with the incidence of poverty falling from 55.1% in 2005-06 to 16.4% in 2019-21.
17.07 / 19:03
FIVE
Man
Battle of Ages: Five Sets of Wimbledon
Shakespeare's 'Seven Ages of Man' from As You Like It found a new form in Five Sets of Wimbledon on Sunday. Two men in their time played many parts — offender, defender, counter-offender, survivor, champion, ex-champion — on Centre Court. But if there was one single overarching narrative in this epic final, it was that of a Gilgameshian contest between 20-year-old Carlos Alcaraz and 36-year-old Novak Djokovic.
17.07 / 18:47
17.07 / 17:37
UPS
Twitter
FIVE
Platform
stake
Cathie Wood’s ARK Writes Down Twitter Stake by 47%
Cathie Wood’s ARK Investment Management has written down its stake in Twitter by 47% since Elon Musk took the social-media company private last year, Wood said in an interview. “We take fair valuation very seriously and absolutely have had to write that [Twitter] down," Wood said Friday. “The write-down is not representative of our fundamental outlook and belief in the long-term return on investment we believe that it will have for our shareholders." Wood is still bullish on Twitter’s long-term outlook.
17.07 / 17:37
UPS
Lowe's
FIVE
'These episodes are short lived': RBI's 'Five Facts' on rising tomato prices in India
₹40 for an average duration of 2.6 fortnights whereas prices remain below ₹20 for an average duration of 10 fortnights. While the yearly peaks have exhibited a general increase, the troughs have remained largely constant, indicating that prices do not ratchet up across spells.
17.07 / 17:15
FIVE
Apple
WTO
India, US mutually resolve all six trade disputes at WTO: Official
India and the US have mutually resolved all six trade disputes pending at the World Trade Organisation (WTO), in line with the commitment made by the two countries during the US visit of Prime Minister Narendra Modi last month, an official said. The official said that both countries have informed the WTO's dispute settlement body (DSB) about the resolution of all the pending disputes.
17.07 / 15:51
UPS
Lowe's
FIVE
Citizens
Harmonic
Internationalize the rupee while a BRICS currency loses traction
Earlier this month the Reserve Bank of India (RBI) released a report on the rupee’s internationalization. If our currency is used to settle our export/import transactions, it shifts exchange-rate risk to our counterparts, which is a big plus for our firms. In parallel, there has also been talk about a BRICS (Brazil, Russia, India, China and South Africa) currency along special-drawing-rights lines.
17.07 / 15:51
UPS
Target
FIVE
VISA
Qualcomm
US H-1B visa holders can now work and live in Canada under new scheme. Know more
H1-B specialty occupation visa holder work permit will be available as of July 16, 2023. Approved applicants will receive an open work permit of up to three years in duration, which means they will be able to work for almost any employer anywhere in Canada," an official government release explained.
17.07 / 14:19
17.07 / 14:15
Provident
FIVE
NOT
"Afghanistan not fulfilling its obligations as neighbour," says Pak Defence Minister Khawaja Asif
Pakistan Defence Minister Khawaja Asif has rebuked Afghanistan for disregarding vital obligations made in the Doha agreement, Pakistan-based ARY News reported. ARY News is a Pakistnews channel. This comes after the armed forces of Pakistan voiced their serious concerns regarding the safe havens and freedom of movement enjoyed by the outlawed Tehrik-i-Taliban Pakistan (TTP) within Afghanistan.
17.07 / 14:15
Provident
FIVE
Progressive
Destiny
General elections in Pakistan likely to be held in November
Pakistan are likely to be held in November, three months after the dissolution of the National Assembly, Dawn reported. Dawn is a PakistEnglish-language newspaper. This comes as Pakistan Prime Minister Shehbaz Sharif has said that he will hand over the reins to the caretaker set-up next month before the completion of the assembly's tenure.
17.07 / 14:07
17.07 / 13:27
FIVE
hearing
WFI elections delayed further with Gauhati High Court fixing July 28 as next date for hearing Assam association plea
Wrestling Federation of India (WFI) elections were pushed further on Monday with the Gauhati High Court fixing July 28 as the next date for hearing the petition, filed by the Assam Wrestling Association. The WFI elections were to be conducted on July 11 but the Gauhati High Court had stayed the polls, following Assam Wrestling Association's (AWA) plea seeking right to participate in the election process. The state association had claimed that it was entitled to be an affiliated member of the WFI with voting rights but it was denied recognition by the national federation despite its Executive Committee recommending the same on November 15, 2014.
17.07 / 13:19
Blockchain
Lowe's
FIVE
Investment
Galaxy Digital
Bitcoin
Report: Crypto Investment Declines for Fifth Consecutive Quarter, Fails to Find Bottom
Venture capital firms are continuing to invest less money in the crypto sector, after five consecutive quarters of declines, according to a new report from crypto financial services firm Galaxy Digital.
17.07 / 11:37
FIVE
One-tenth of India's population escaped poverty in 5 years - government report
India's population, escaped poverty in the five years to March 2021, a government report found on Monday. Rural areas saw the strongest fall in poverty, according to the study, which used the United Nations' Multidimensional Poverty Index (MPI), based on 12 indicators such as malnutrition, education and sanitation.
17.07 / 11:23
COST
Citi
MET
FIVE
Manufacturing
Parke
Allianz
Warehousing supply across 8 primary markets likely to grow 13-15% in FY24, says ICRA
ICRA. The incremental absorption is estimated to remain at around 39 million sq ft, the level witnessed in 2022-23. Nearly 52% of the expected supply addition across these primary markets including Mumbai, National Capital Region, Pune, Chennai, Bengaluru, Kolkata, Hyderabad, and Ahmedabad will be in grade A category.
17.07 / 10:31
popular questions about FIVE
What is FIVE and why is it relevant?
FIVE is a high-demand area that draws public attention. On our site, we regularly publish updates related to this subject.
Where can I find the latest updates on FIVE?
All new posts about FIVE can be found in the highlighted block. We publish information as it becomes available.
How can I verify the accuracy of information on FIVE?
We use verified data to ensure that the information about FIVE is well-supported and informative for our readers.