FIVE Financial News

12.11 / 13:43
Provident FIVE President Justice prevention Courts Updates What are recess appointments and why would Trump want them?
Subscribe to enjoy similar stories. Although Republicans are set to take control of the Senate in January, President-elect Donald Trump has demanded that the chamber suspend its power to confirm nominations and instead go out of session so that he can use “recess appointments" to install at least some administration officials, such as cabinet secretaries, without Senate approval.
12.11 / 07:59
markets FIVE Digital Experts PAM cover information UGC NET December 2024 notification to be out soon; Here are steps for registration and more
The awaited UGC NET 2024 December notification will include comprehensive details about the exam, covering eligibility criteria, key dates, the application process, instructions on admit cards, the exam pattern, syllabus, and subject list, among other essential information.
11.11 / 20:27
markets FIVE Digital Strategy Experts PAM reports Milestone in January: Donald and Melania Trump's 20th wedding anniversary is 5 days after his inauguration; here's what you need to know about their 2005 Palm Beach wedding
January 2025, Donald and Melania Trump will commemorate a significant milestone: 20 years of marriage, and he also assumes office for a second term in that same month, as quoted in a report by The Palm Beach Post. Monday, January 20, 2025, will be his inauguration day. Five days later, Donald and Melania Trump celebrate their twentieth wedding anniversary. Twenty years ago, Melania Knauss, a professional model, and Donald Trump were in the process of organizing their extravagant wedding in Palm Beach, Florida. The wedding had taken place at the Episcopal Church of Bethesda-By-the-Sea, and the reception was held in his private club's brand-new Donald J. Trump Ballroom.
11.11 / 18:13
UPS FIVE economy Labrador country reports rights Major labour shortage looms in Atlantic Canada as immigration cuts take hold
Steve Jamieson had no choice but to look outside the country for workers.
11.11 / 17:57
markets UPS FIVE Digital awards Experts PAM HFCL consortium to get contract worth Rs 13,000 cr for BharatNet Phase 3 project
HFCL Ltd on Monday said the company along with its consortium partners has been declared the lowest bidder for optical fibre-based broadband network projects worth Rs 13,000 crore under BharatNet Phase III for UP East, UP West and Punjab circles. The company placed bids for UP East and UP West through consortium partners and alone for the Punjab circle. «HFCL-Rail Vikas Nigam Limited (RVNL)-Aerial Telecom Solutions Private Limited, a Consortium has been declared as the Lowest Bidders by Bharat Sanchar Nigam Limited (BSNL), for bids valued at around Rs 6,925 crore to provide middle-mile network in Uttar Pradesh (East) and Uttar Pradesh (West) under the BharatNet Phase III programme,» the company said in the filing. The consortium will be awarded 10 years of operation and maintenance (O&M) order at an annual rate of 5.5 per cent of capex for the first five years and 6.5 per cent for the subsequent five years which will be worth about Rs 4,155 crores, after commissioning of the first ring of network, the filing said.
11.11 / 16:07
markets FIVE Experts PAM country innovations India’s patent filings double in five years, country now ranks 6th globally
India’s IP (intellectual property) office is the second highest globally in trademarks, with 3.2 million registrations in 2023 and the country’s Patent-to-GDP ratio surged to 381 from 144 over the past decade. “A global leader in innovation. India has exhibited a remarkable growth in the patents, designs & trademarks filings according to @WIPO Indicators 2024 report,” commerce and industry minister Piyush Goyal said in a post on X.
11.11 / 16:07
markets FIVE film Experts PAM cover Schools The Chosen Season 5: See release window, production, cast and storyline
Dallas Jenkins, creator of The Chosen, has confirmed that Season 5 will premiere in April 2025. This season will cover the significant moments of Holy Week, leading to the crucifixion of Jesus.
11.11 / 11:55
markets FIVE CEO Strategy RAI Diversity performer ICICI Prudential Multi-Asset Fund turned Rs 10 lakh to over Rs 7 crore in 22 years
ICICI Prudential Multi-Asset Fund, a multi-asset allocation fund, has successfully completed 22 years of existence in the market. The scheme has offered 21.58% CAGR since its inception. The scheme benchmark is against Nifty 200 TRI (65%) + Nifty Composite Debt Index (25%) + Domestic Price of Gold (6%) + Domestic Price of Silver (1%) + iCOMDEX Composite Index (3%). Launched in October 2002, the scheme offered 22.47% CAGR in the last five years. In the last three and one-year periods, the scheme offered 21.19% and 32.09% CAGR respectively.
11.11 / 10:51
markets UPS Citi Provident FIVE Analysis Trade Fee-based biz helped Share India grow Q2 numbers; to focus on retail business going forward: Sachin Gupta
Sachin Gupta, CEO, Share India Securities, says there was a huge growth in demand in MTF. Further, Share India focused on the merchant banking side, helping some companies to get listed on the SME side and that also gave good revenues. Recently they have started the institutional desk where we empanelled 113 institutions in the last one-and-a-half years. All these factors focusing on the fee-based businesses helped Share India a lot. Going further, they will focus on increasing the retail business. Let us look at your numbers. Your overall numbers in Q2 were pretty strong both on a sequential basis as well as year-on-year basis. What are the factors that led to the growth in Q2? Even your broking clients are up 35% sequentially which is marking a three-fold increase from Q2 of FY24. What led to that? Sachin Gupta: A number of factors worked in our favour. One, definitely market participation was good overall. But on the Share India side, in the last two years, we focused more on the retail side for which we started providing MTF (margin trading facility) services to the clients. We saw a huge growth, huge demand in MTF and Share India book stands at around Rs 250 crore by the end of September.
11.11 / 09:49
markets COST UPS FIVE Aviat Airlines reports Vistara's last flight: Why Indian aviation remains a two-plane race?
While more and more Indians take to flying even as the government builds airports at a breakneck speed to connect small cities and remote places, India's aviation sector remains dominated by just two big players who hold between them more than 90% of the market share. IndiGo's market share rose to 63 per cent in September while the overall domestic market share of Air India Group comprising Air India, AIX Connect and Vistara touched 29.2 per cent. While Akasa Air's market share stood at 4.4 per cent, that of SpiceJet was at 2 per cent. As Vistara folds up into the Air India Group today, the number of full-service carriers in the fast-growing Indian aviation space will come down to just one from five in a span of over 17 years. In the last 12 years, three Indian airlines Kingfisher, Jet Airways and Go First went bankrupt. Also Read: A shake-up in Indian skies: Vistara bows out, IndiGo goes premium
11.11 / 07:45
markets FIVE Digital Election country Courts Investigations SC dismisses ex-JD(S) MP Prajwal Revanna's bail plea in rape case
Prajwal Revanna in rape and sexual harassment case. The former MP has been remanded to Special Investigation Team (SIT) custody until June 24 by a Karnataka court on Wednesday, a day after he had been sent to judicial custody under separate charges. The special investigation team (SIT) is investigating four cases of sexual assault against Revanna and filed a chargesheet before the Bengaluru court that hears cases against elected representatives.
11.11 / 06:07
Target FIVE President War reports Videos Ukraine attacks Moscow with 34 drones, biggest strike on the Russian capital
Ukraine attacked Moscow on Sunday with at least 34 drones, the biggest drone strike on the Russian capital since the start of the war in 2022, forcing flights to be diverted from three of the city’s major airports and injuring at least five people.
11.11 / 03:43
markets FIVE Strategy Remark Enterprise country innovations India among top 5 markets for WPP globally, will be among top 3 in coming years, says country head
Subscribe to enjoy similar stories. Mumbai: India has cemented its position as one of the top five markets for WPP, one of the world’s largest advertising and marketing services networks, marking a remarkable rise from being outside the top 10 just a few years ago. With agencies like GroupM, Mindshare, Ogilvy, Wunderman Thompson, and Grey under its umbrella, WPP credits India’s rapid economic growth and pivotal role in its global transformation for this leap.
11.11 / 01:11
UPS FIVE Analysis wellness Cycling reports testing Microfinance in doldrums. Will this company outperform, again?
Subscribe to enjoy similar stories. MUMBAI : The true litmus test that differentiates high-quality lenders is whether they have “best-in-class" non-performing asset (NPA) ratios during crises. This applies to all kinds of lenders in all kinds of lending segments.
11.11 / 01:01
markets FIVE Strategy Analysis Trade Experts FPI selloff in equities slows in Nov, so does buying by domestic funds
foreign portfolio investors' (FPIs) outflows from the Indian equity market tapered in the first week of November and so did the buying by domestic funds. It followed an unusually busy October which recorded an unprecedented selling by FPIs and equally strong buying by local funds. In the first five trading sessions of November, FPIs sold equities worth ₹19,993.7 crore ($2,374.6 million) net according to the data from NSDL. This compares with a massive selling of ₹44,914 crore ($5,352.1 million) in the first five sessions of the previous month, forming nearly half of the total selling worth ₹94,017 crore ($11,195.4 million) for the whole month.
10.11 / 19:19
markets UPS FIVE Digital Airlines Experts PAM Indian skies will now be left with just one full-service carrier
Indian aviation space will come down to just one from five in a span of over 17 years. Also, the merger-which will see Vistara's 49% owner Singapore Airlines holding 25.1% stake in Air India post the merger-will mark the sunset of another Indian airline jointly owned by an overseas carrier after the liberalisation of foreign direct investment norms. In 2012, Prime Minister Manmohan Singh-led UPA government allowed foreign airlines to buy up to 49% in a domestic carrier, which later resulted in the now defunct Jet Airways securing 24% stake from Gulf carrier Etihad besides the birth of AirAsia India and Vistara.
10.11 / 14:23
markets MET FIVE Digital travelers Videos cricket Dhoni makes fan emotional after meeting him on flight; watch viral video here
MS Dhoni is an undisputed legend of Indian cricket, having led India to the T20 World Cup in 2007, the World Cup in 2011 and the Champions Trophy in 2013. He also has numerous batting records to his name and is considered as one of the best finishers in modern day cricket. The 42-year has a massive fan following and is among the most loved cricketers in the country. Fans are eager to meet him, if not just get a glimpse of him even after five years since the wicket-keeper batter played his last match r India. Recently, a fan met Dhoni while travelling on a flight with his young family. The former India captain was with his wife Sakshi and daughter Ziva.
10.11 / 06:33
markets FIVE Election Research trends Trade Experts FPIs withdraw nearly Rs 20,000 cr from equities in last 5 trading sessions
markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China. As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far. Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the possibility of a trend reversal. If the Q3 results and leading indicators reflect a recovery in earnings, the scenario can change with FPIs reducing selling and even turning buyers. Investors will have to wait and watch for the data, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.
09.11 / 09:05
markets Provident FIVE Fighting Election country social INDIA alliance will bring changes in Maharashtra with 'five guarantees': Rahul Gandhi
Congress leader Rahul Gandhi on Saturday said that the party had fulfilled every promise they had made during the elections, whether it is Karnataka, Telangana or Himachal Pradesh. He reiterated that the INDIA alliance will bring changes in Maharashtra too with their promised 'five guarantees'.
09.11 / 04:25
markets FIVE Analysis Election Allegiant Trade Experts Gold logs biggest weekly fall in over five months on dollar strength
Gold prices dropped on Friday, logging their steepest weekly decline in over five months, pressured by a stronger dollar and as markets absorbed the implications of Donald Trump's victory and its potential impact on U.S. interest rate expectations. Spot gold fell 0.8% to $2,684.03 per ounce as of 01:40 p.m. ET (1840 GMT) and posted a 1.8% weekly decline.
09.11 / 02:33
UPS Citi FIVE Election President pop China’s stimulus falls short, as a showdown with Trump looms
Subscribe to enjoy similar stories. ECONOMIST SOMETIMES say that China suffers from the three Ds: debt, deflation and poor demographics. America’s presidential election added a fourth: Donald Trump, who has threatened to slap high tariffs on Chinese exports when he returns to the White House.

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