Gap Financial News

The trillion-dollar question these days is where the huge sums of money needed to address climate change are going to come from, especially for developing countries.

Priyanka Gandhi Vadra has not only deepened the Congress, and by extension, UDF’s footprint in the Lok Sabha constituency spread across three districts, but has, in the process, cut into INDI ally LDF’s votes. The sharp differences between the CPI(M) and CPI local leaders and cadre and a lightning campaign by the 52-year-old MP-elect has helped the UDF widen its gap with its closest rival. Throughout her less than three-week campaign, Vadra consciously projected herself as the UDF nominee and less as a Congress leader. UDF’s constituent, the Indian Union Muslim League (IUML), has a huge clout across the seven assembly segments in Wayanad LS seat. This combined with Vadra’s appeal helped the Congress turn in its best performance with a 65% vote share, higher than Rahul Gandhi’s 2019 record.

Indian Premier League has as many as 576 candidates vying for the 200 odd spots left with the ten franchises, building another level of excitement among fans.

Elevated mortgage rates, rising home prices and other U.S. housing market trends that have kept many would-be homebuyers on the sidelines are likely to remain hurdles next year, driving solid demand for single-family rental houses, analysts say

Lupin Ltd. 0.71 per cent to Rs 2058.00 in Friday's session as of 12:26PM (IST) even as the equity benchmark Sensex traded 882.74 points at 78038.53. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 2312.00 and a 52-week low of Rs 1184.00 on NSE. Around 4218 shares changed hands on the counter till 12:26PM (IST).

Subscribe to enjoy similar stories. The urgency of climate adaptation has never been more apparent. The recently released Adaptation Gap Report 2024 highlights progress in fulfilling the Glasgow Climate Pact yet underscores glaring inequities.

From the beginning, the mood of the 'finance COP' in Azerbaijan has been far from optimistic. In the first week, Adaptation Fund head Mikko Ollikainen spoke about the 'great paradox' at the heart of the latest UNFCCC meet — the urgent calls of world leaders to safeguard vulnerable populations from worsening climate impacts, and the lack of funds to make that a reality. The UN's Adaptation Gap Report 2024: Come Hell and High Water, released on Nov 7, estimates that the adaptation finance gap stands between $187-359 bn a year. Much larger numbers are floating around in Baku. The report stresses another aspect: need to improve the design and modalities of adaptation projects to ensure that projects enhance resilience of vulnerable communities.

A new draft text released early Thursday which will form the basis of any deal reached at United Nations climate talks on money for developing countries to transition to clean energy and adapt to climate change left out a crucial sticking point: how mu...

According to the IA's Culture, Talent and Inclusion report, there is an 18% gap between the proportion of 50–64-year-old women and men working in the investment management industry, with women from this age bracket accounting for just 8% of the workforce.  This is larger than the industry-wide discrepancy between male and female employees overall, which stands at 53% and 41%, respectively.  The IA's research showed that increasing care responsibilities for children and aging parents begin to impact women over 35, and the menopause is thought to be an impact on middle-aged women's abil...

Punjab National Bank 3.77 per cent to Rs 97.10 at 01:45PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 3,532,629 shares with a turnover of Rs 34.08 crore till 01:45PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 7.72, while the price-to-book value ratio stood at 1.34.

Bank of Baroda 3.41 per cent to Rs 229.10 at 01:50PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 1,508,015 shares with a turnover of Rs 34.06 crore till 01:50PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 5.93, while the price-to-book value ratio stood at 1.14.

Oscar-winning composer A.R. Rahman and his wife, Saira Banu, had decided to end their nearly three-decade-long marriage. Rahman confirmed the separation in a post on his social media platform X (formerly Twitter), where he reflected on their journey and the unforeseen challenges that led to their decision. AR Rahman expressed that while they had envisioned celebrating their 30th wedding anniversary, circumstances had taken a different course. The tweet read, “We had hoped to reach the grand thirty, but all things, it seems, carry an unseen end. Even the throne of God might tremble at the weight of broken hearts. Yet, in this shattering, we seek meaning, though the pieces may not find their place again. To our friends, thank you for your kindness and for respecting our privacy as we walk through this fragile chapter.”

Canada’s industrial heartland has had a tough year.

IT/BT Minister Priyank Kharge on Tuesday said Bengaluru’s emergence as a clear leader was not just a testament to its potential, but a call to build policies that sustain and amplify this growth. The minister was commenting on Bengaluru Rising, a data report published by the nonprofit UnboxingBLR Foundation, released by chief minister Siddaramaiah, Dy CM DK Shivakumar and himself at the inaugural of the Bengaluru Tech Summit. State’s startup vision group chairman Prashanth Prakash also heads the nonprofit and its report promises a 360-degree view on India’s top cities.

Cummins India Ltd. 0.28 per cent to Rs 3361.60 in Tuesday's session as of 12:43PM (IST) even as the equity benchmark Sensex traded 1007.18 points at 78346.19. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 4169.50 and a 52-week low of Rs 1817.70 on NSE. Around 15165 shares changed hands on the counter till 12:43PM (IST).

TeamLease Services on Monday. The industry has identified a critical talent gap in specialised fields such as communication and broadcast electronics, consumer electronics, industrial electronics, and aerospace and defence electronics, said the recruitment and human resources services company. «The industry faces a dual challenge: a shortage of skilled workers and a lack of specialised technical expertise essential for advanced roles. Key areas like manufacturing, electronics design, and technical troubleshooting are particularly affected, where expertise is vital for innovation and operational efficiency,» the report said. «Without targeted training and upskilling initiatives, companies struggle to fill crucial roles, despite the rise in job opportunities, highlighting the urgent need to bridge this gap through focused efforts.»

Finance Commission is open to considering alternate index for devolution of funds to states with regard to natural calamities and state-specific issues, Chairman of the 16th Finance Commission Arvind Panagariya said here on Monday. The problems arising due to natural disasters were beginning to get more and more acute, he said and pointed out that the 15th Finance Commission has recommended partial devolution of funds. «The Commission is very much open to looking at alternate ways of measuring disaster relief, provided we can do it across all the states. The index has to be transparent and acceptable,» Panagariya told reporters after a long session with the Tamil Nadu government earlier in the day. Apart from Tamil Nadu, states like Himachal Pradesh which the Finance Commission had consulted, put forth a similar view. «Let me look into it if any particular type of disaster is not included,» the Chairman said.

Marico Ltd. 0.07 per cent to Rs 592.65 in Monday's session as of 01:01PM (IST) even as the equity benchmark Sensex traded 157.17 points at 77423.14. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 719.80 and a 52-week low of Rs 486.75 on NSE. Around 10852 shares changed hands on the counter till 01:01PM (IST).

Canara Bank 0.66 per cent to Rs 98.10 at 12:57PM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 605,348 shares with a turnover of Rs 5.88 crore till 12:57PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 5.56, while the price-to-book value ratio stood at 1.27.

«But the way these numbers have been announced after giving the guidance, clearly there is a case of credibility issue to my mind. And the business model, we can all attribute this to the distribution channel, the disruption by Q-commerce, and many more things,» says Hemang Jani, Independent Market Expert. Does the stock deserve to fall by 20%? I mean, okay, numbers are bad, but they are not terrible. Hemang Jani: So, the way the market has reacted, which means that there is a larger concern on the credibility of the numbers that the management has been giving and more so after delivering a very good growth in the last two quarters.

Ambuja Cements Ltd. traded at Rs 548.05 on BSE at 11:24AM (IST) on Monday, 0.62 per cent from previous close. The scrip quoted a 52-week low price of Rs 408.60 and a high of Rs 706.85.