FIVE Financial News

At least seven people on a Hawaiian Airlines flight from Honolulu to Sydney were injured when the plane hit severe turbulence last week

Major crypto exchange Huobi has silently resolved a massive vulnerability that allegedly exposed user assets for two years.

The Russian military says it has fended off a Ukrainian drone attack on Moscow that prompted authorities to briefly close one of the city's airports

The head of Slovakia’s central bank — a member of the European Central Bank committee that decides monetary policy for 20 countries — says he won't step down despite bribery charges against him

Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world to try to prop up prices

Air India from the government in January last year, Tata Group has put in place various measures to turn around the fortunes of the loss-making carrier, including placing the largest order for 470 planes and expanding international operations. Tata Group has four airlines — Air India, Air India Express, AIX Connect and Vistara, which is a joint venture with Singapore Airlines.

Big Bang, would take five of those of the present day universe before it passed, a new research has found, unlocking one of the Einstein's expanding universe's mysteries. «Looking back to a time when the universe was just over a billion years old, we see time appearing to flow five times slower,» said lead author of the study, Geraint Lewis, University of Sydney, Australia. «If you were there, in this infant universe, one second would seem like one second — but from our position, more than 12 billion years into the future, that early time appears to drag,» said Lewis. While Einstein's general theory of relativity says that the more distant the object being observed, such as an ancient universe, the slower it runs than the present day, peering back that far in time has proved elusive. Examining details of 190 quasars, or hyperactive supermassive black holes at the centres of early galaxies, over two decades, the astronomers rolled back the time horizon to a tenth of its current stage and confirmed that the universe appeared to speed up as it aged. The study is published in the journal Nature Astronomy.

By Lewis Jackson

alliance in the coming months. The remarks come amid growing political upheaval in neighbouring Maharashtra as the NCP teters on the brink of a vertical split. The JD(S) leader had previously predicted a ‘Maharashtra-like’ situation for the state without naming names - even as netizens discussed the possibility of a Congress split.

Indian Oil Corporation has been appointed to the board of Rosneft in a fresh sign of growing energy ties between India and Russia. G K Satish, who served as Indian Oil’s planning and business development chief between 2016 and 2021, has been appointed to the Rosneft board along with 10 other members, the Russian firm said in a statement. The Rosneft board includes five independent directors, including Satish and a representative each from Qatar and the Philippines.

By Dr (Prof) Nishakant Ojha

Top-performing BSE Sensex Index Funds in 5 years: The benchmark BSE Sensex index has jumped over 82% in 5 years from 35,657 in the first week of July 2018 to 65,205 points at the time of writing today. During this period, as many as five index funds tracking the BSE Sensex Total Return Index (TRI) have given an average annualised return of around 13.5%. In this period, the BSE Sensex TRI has grown by 14% annually.

This article is part of our Summer reads series. Visit the full collection for book lists, guest essays and more seasonal distractions. As war rages again in eastern Europe, Germans are reminded of the ravages of the world wars and the horrors of the Nazi and communist regimes that governed their country.

Synoptics Technologies Limited IPO: The initial public offer of Synoptics Technologies Limited opened for bidding on 30th June 2023 and it will remain open for subscribers till 5th June 2023. However, the public issue proposed for listing on NSE SME exchanged got fully subscribed one day ahead of the public subscription date. On day three of the Synoptics Technologies Limited IPO subscription date, Synoptics Technologies Limited IPO subscription status informs that the SME issue has been subscribed 1.31 times.

New Delhi: Several parts of the national capital are likely to see moderate to heavy showers in the next couple of hours, the India Meteorological Department (IMD) said on Tuesday. “Intense cloud patch entering into Northwest Delhi likely to cause moderate to heavy spell over Northwest, Central and Southwest Delhi during next 1-2 hours," the weather office said.

₹405-crore Senco Gold IPO has been subscribed 38% so far on day 1 as the public issue received bids for 33.56 lakh shares as against 94.18 lakh shares on the offer. Senco Gold IPO received 65% subscription in the retail category, while the portion for Non-Institutional Investors (NII) was booked 25%. The Qualified Institutional Investors’ (QIB) are yet to bid for the IPO, till 1:50 pm on day 1.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

₹45.09 crore. The purchase details were revealed through documents obtained by CRE Matrix, a data analytics firm. Located within Signature Building, Oshiwara, along Veera Desai Road, these office units span a combined area of 13,293 square feet.

Byju Raveendran, Divya Gokulnath and Riju Ravindran, the promoters of beleaguered edtech major Byju’s, have together sold shares worth about $408.53 million in 40 secondary transactions since 2015, according to research and data platform PrivateCircle. In two instances where the secondary share price was not available, PrivateCircle used the closest available primary share price and analysed various public data sources to arrive at the findings.

SUV’s new facelift variant was first showcased at Busan Auto Show in South Korea last year. 2023 Kia Seltos is made-in-India.