Information Financial News
16.05 / 07:03
Booking
consequences
information
Earnings Impact: NCC share price jumps 8% on strong Q4 results
NCC surged almost 8 percent in intra-day deals on Thursday after the firm posted strong results for the quarter ended March 2024 (Q4FY24). The construction company’s net profit rose 25.2 percent year-on-year (YoY) to ₹239.2 crore in the fourth quarter of FY24 as against ₹191 crore in the same quarter last year (Q4FY23). Meanwhile, its revenue jumped 31 percent YoY to ₹6,485 crore in Q4FY24 versus ₹4,949 crore in Q4FY23.
16.05 / 05:47
Provident
WhatsApp
Death
President
hospital
information
All hoardings need structural stability certificate, says BMC Commissioner on Ghatkopar tragedy
hoarding collapse incident in Ghatkopar, Brihanmumbai Municipal Corporation (BMC) Commissioner Bhushan Gagrsaid that it was a tragic incident and informed that the rescue operation has been completed. «This was a tragic incident in which 16 people died. The rescue operation has been completed. Here is an active petrol pump; that's why our rescue operation was delayed,» Gagrani said. The BMC Commissioner stated that Maharashtra Chief Minister Eknath Shinde has ordered all hoardings to be checked.
16.05 / 04:57
markets
Provident
Trade
performer
track
inclusion
information
Your Questions Answered: What is the difference between mutual funds tracking Nifty Bank Index and Nifty PSU Bank Index?
Q. I am a real estate broker, running my small business in Ghaziabad. My wife is a housewife. I have been investing in large cap stocks for the past 7 years. I now intend to diversify my portfolio and invest in index funds tracking the banking sector. I am currently confused between mutual funds tracking the Nifty Bank Index and the Nifty PSU Bank Index. Can you please elaborate? Ramdheer Rathore, Ghaziabad, Uttar Pradesh
16.05 / 03:11
JPMorgan
economy
BlackRock
Trade
information
reports
prevention
inflation data
US inflation data was accidentally released 30 minutes early
Bureau of Labor Statistics said it inadvertently released Consumer Price Index data 30 minutes early on Wednesday. “In advance of today’s CPI and Real Earnings releases, BLS inadvertently loaded a subset of files to the website approximately 30 minutes prior to the release,” BLS said in a statement posted on its website Wednesday evening.
16.05 / 03:11
markets
Reuters
Research
Refugees
show
information
inflation data
Oil prices rise on moderate US inflation data, strong demand
Oil prices extended gains from the previous session on Thursday on signs of stronger demand in the U.S. where data showed slower inflation than markets expected, strengthening the argument for an interest rate cut which could result in even stronger demand. Brent futures rose 42 cents, or 0.5%, to $83.17 a barrel, while U.S. West Texas Intermediate crude (WTI) gained 43 cents, or 0.6%, to $79.06 at 0032 GMT.
16.05 / 01:43
UPS
FIVE
Citizens
wellness
love
information
Meet the guardians of Mumbai’s Rani Bagh
What makes an ideal vacation bag? The foundation, set up as a public charitable trust, has been protecting and preserving this space, and ensuring it remains open to everyone, for 17 years. Since every visitor would not know the names of all the plants, the foundation has planned to introduce ebooks and conducts regular tree-cum-heritage walks to introduce visitors to special specimens as well as to unique heritage structures.
16.05 / 01:21
markets
UPS
security
Enterprise
Trade
information
Updates
Stock market today: Biocon, LIC Housing Finance, Piramal Enterprises, ZEE among 12 stocks under F&O ban list on May 16
F&O ban list: Twelve stocks have been banned for trade on Thursday, May 16, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as they crossed 95% of the market-wide position limit (MWPL), according to the NSE. However, these stocks will be available for trading in the cash market.
16.05 / 01:21
COST
Election
Trade
country
information
Over 50 onion farmers detained in Nashik ahead of PM Modi's visit: ‘Sharad Pawar to Thackeray, no one spoke for us’
PM Modi's Nashik visit. “On August 19, 2023, the Union government had imposed a 40% duty on the export of onions. On October 28, 2023 a new decision was made instead requiring the exporter to pay the government $800 per tonne of onion instead.
16.05 / 01:21
UPS
Manufacturing
Enterprise
Trade
information
reports
Societe General to lend up to $1 billion to ReNew for energy transition projects
₹321.6 crore in the December quarter, against a net loss of ₹401.3 crore a year earlier. With its ambitious expansion plans across the green energy ecosystem, ReNew has been looking at options to raise funds both through asset sale and debt financing. In February, Mint reported that ReNew Energy Global Plc is in talks with Singapore’s Sembcorp Industries Ltd to sell solar energy projects totalling 350 megawatts (MW), with the deal estimated to be valued at around $241 million at the enterprise level and around $121 million in terms of equity.
16.05 / 01:21
Provident
Google
Platform
Trade
social
information
prevention
Fake reviews online? Help at hand, finally.
Online marketplaces such as Amazon, Flipkart and Myntra may soon have to root out fake product reviews, as the government turns the heat on the menace that frequently leads to frustration and financial losses. The marketplaces will also be prohibited from editing user reviews to alter their message, and must ensure that the original content and intent of the reviewer are preserved, a top government official said. Companies will also be disallowed from preventing negative reviews.
15.05 / 20:55
Fighting
Highways
community
information
reports
evacuation
Updates
Changing winds expected to help fight Fort McMurray wildfire that’s forced thousands to flee homes
Emergency officials in Alberta say they hope the changing direction and weakening strength of winds blowing near Fort McMurray will help crews as they continue to fight a wildfire that’s already forced thousands of people to flee the area.
15.05 / 20:54
Action
wellness
Bill
country
information
reports
rights
Vermont Legislature passes one of the strongest data privacy measures in the country
The Vermont legislature has passed one of the strongest data privacy measures in the country, aimed at cracking down on companies’ use of online personal data
15.05 / 20:54
Google
Gemini
innovations
information
testing
Traffic
mountaineering
Google unleashes AI in search, raising hopes for better results and fears about less web traffic
Google has rolled out a retooled search engine that will frequently favor responses crafted by artificial intelligence over website links
15.05 / 20:53
markets
CEO
Fighting
President
information
reports
CEO of Brazil’s oil and gas giant Petrobras steps down following dustup over dividends
The head of Brazil’s Petrobras is stepping down after a fight over dividends, sending shares of the state-controlled oil and gas giant tumbling
15.05 / 20:03
Provident
Booking
Justice
information
prevention
Courts
Investigations
Supreme Court quashes arrest and remand of Newsclick Editor under UAPA
Delhi: The Supreme Court on Wednesday set aside the arrest and remand of Prabir Purkayastha, the chief editor of online news portal NewsClick, pertaining to a case under the Unlawful Activities (Prevention) Act (UAPA). A bench headed by justice BR Gavai ordered the release subject to Purkayastha furnishing surety and bail bond. The bench ruled that «there is no hesitation in the mind of the court to reach to a conclusion that the copy of the remand application in the purported exercise of communication of the grounds of arrest in writing was not provided to the accused appellant or his counsel before passing of the order of remand dated October 4, 2023, which vitiates the arrest and subsequent remand of the appellant». The top court reiterated the distinction between «reasons for arrest» and «grounds of arrest». The judgment reads «The 'reasons for arrest' as indicated in the arrest memo are purely formal parameters, viz., to prevent the accused person from committing any further offence; for proper investigation of the offence; to prevent the accused person from causing the evidence of the offence to disappear or tampering with such evidence in any manner; to prevent the arrested person for making inducement, threat or promise to any person acquainted with the facts of the case so as to dissuade him from disclosing such facts to the court or to the investigating officer.»
15.05 / 19:03
Provident
Digital
Platform
security
Cybercrime
information
DoT reassures telcos over data shift to Amazon Web Services
digital intelligence platform (DIP) to the servers of Amazon Web Services (AWS) from those run by state-run Bharat Sanchar Nigam (BSNL) and the Centre for Development of Telematics (C-DoT) triggered a fierce initial reaction from mobile phone companies. They seem to have backed down after the DoT told them that critical subscriber database records (SDRs) of customers won't be stored on AWS. The DIP is used to help fight cyber crimes and fraud. The Cellular Operators Association of India (COAI) had called the move «abrupt and unilateral» in a May 11 letter to DoT secretary Neeraj Mittal and telecom minister Ashwini Vaishnaw. COAI represents India's top telcos Reliance Jio, Bharti Airtel and Vodafone Idea. The carriers had added that the shift would compromise the privacy of consumers' personal data due to the inherent nature and architecture of such cloud-based solutions.
15.05 / 17:19
Provident
Man
Aware
wellness
information
reports
Investigations
Ontario’s self-proclaimed ‘Crypto King’ arrested by Durham police
An Ontario man who reportedly proclaimed himself the “Crypto King” has been arrested by Durham Regional Police.
15.05 / 17:09
Parke
Death
information
reports
Updates
Mumbai hoarding collapse: Death toll surges to 16 as NDRF finds two more bodies | 10 latest updates
-A 120 x 120 feet hoarding fell on a petrol pump at Chheda Nagar in Ghatkopar on Monday evening due to gusty winds and unseasonal rains, killing 16 persons and injuring 75 others. -Brihanmumbai Municipal Corporation (BMC), Mumbai's civic body has said the hoarding was erected without permission.
15.05 / 16:53
Progressive
information
reports
Department
Monsoon 2024 likely to set over Kerala on THIS date: IMD
hot and dry season to a rainy season. As the monsoon progresses northward, relief from scorching summer temperatures is experienced over the areas," the Indian Meteorological Department said in a release on Saturday.
15.05 / 16:53
markets
Food
Death
Research
information
prevention
guidelines
Mint Primer | ‘Read that label’ and 16 more food commandments
Mint explores. The 2024 Dietary Guidelines for Indians (DGIs) is a list of 17 do’s and dont’s from India’s premier nutrition research institute. It advises us to eat a variety of fresh foods, include quality protein in diets and avoid supplements to build muscle, take steps to prevent abdominal obesity, minimise consumption of ultra-processed food high in salt, sugar and fat, plus pay attention to labels on packaged food to make informed choices.
15.05 / 14:47
Blockchain
Provident
BLOCK
security
performer
innovations
information
Rated, Home of the Industry’s Leading Network Explorer, Launches on Solana
– Rated monitors node and node operator performance and risk on Proof of Stake networks, where node operators and validators steward billions in value.
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