MET Financial News

15.07 / 07:33
Citi MET FIVE Waters BAY Rain lashes Odisha, water-logging in Bhubaneswar, Cuttack
Heavy rains lashed many parts of Odisha, mostly the coastal region leading to water-logging in the twin cities of Bhubaneswar and Cuttack on Saturday.The IMD has forecast more rainfall in the state. The water-logging in the state capital led to traffic jams and caused difficulty for people to drive vehicles in knee-deep water in many places while many slums and low-laying areas were submerged under water. IMD said that the highest 118.4 mm rainfall was recorded at Jharsuguda followed by 68.2 mm at Chandbali, 35.2 mm in Bhubaneswar, 13.5 mm in Balasore, 6 mm in Paradip, 7.2 mm in Puri and 10.6 mm at Sambalpur between 8.30 am to 11.30 am.
15.07 / 03:47
MET Aviat Manufacturing Platform Simulation Aon India has selected 26 Rafale fighters for Navy after successful trial campaign, confirms Dassault Aviation
Rafale fighters to equip the Indian Navy with the advanced combat jets. According to French aerospace company, Dassault Aviation, 26 Rafale fighters for the Indian Navy will add to the 36 advanced fighters that are already in service. «This decision comes after a successful trial campaign held in India, during which the Navy Rafale demonstrated that it fully met the Indian Navy's operational requirements and was perfectly suited to the specificities of its aircraft carrier,» Dassault Aviation said. «This selection confirms the excellence of the Rafale, the exceptional quality of the link between Dassault Aviation and the Indian Forces, and the importance of the strategic relationship between India and France,» it added. India's Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, granted Acceptance of Necessity (AoN) for the procurement of 26 Rafale Marine aircraft for the Indian Navy on Thursday.
15.07 / 02:45
Citi MET Amazon CEO Remote work could wipe out $800B from office building value by 2030
Reventure Consulting and Reventure App CEO Nicholas Gerli says the housing market is in a «purgatorial» state on «Making Money.»
15.07 / 02:35
MET Cooper Aviat Landmark Centre Centre announces selection of 26 Navy Rafale after successful trial
Navy Rafale to equip the Indian Navy with the latest-generation fighter. The Indian Navy’s 26 Rafale will eventually join the 36 Rafale already in service, said Dassault Aviation.  This decision comes after a successful trial campaign held in India, during which the Navy Rafale demonstrated that it fully met the Indian Navy’s operational requirements and was perfectly suited to the specificities of its aircraft carrier, it said.  India on Thursday announced a new multi-billion-dollar deal for French fighter jets as Prime Minister Narendra Modi visited Paris for a two-day trip that saw him feted as the guest of honor during France's national day celebrations.
14.07 / 19:27
UPS Provident MET Progressive Action Biden unveils new student debt forgiveness plan
The Biden administration has unveiled a new plan aimed at providing relief to borrowers burdened with student loan debt.
14.07 / 15:41
Citi MET Disney Career CEO Fran Drescher SAG speech: Fiery Sitcom star takes on Netflix, Disney, Paramount
Fran Drescher has captured the nation with her passionate address from Los Angeles. In her address, Drescher branded streaming giants such as Netflix, Disney, and Paramount as «disgusting,» accusing them of lavishing hundreds of millions on their CEOs. Her speech, which quickly went viral, epitomizes the broader labor disputes unfolding worldwide.
14.07 / 14:45
COST UPS Provident MET CRA Court backs CRA in rejecting Montreal couple's $54,000 moving expense claim
Summer is a popular time for Canadians to move, especially for families with kids who hope to have their children begin the academic year in their new school by the beginning of September. For eligible individuals, the costs of moving can be significantly defrayed by claiming a tax deduction for your moving expenses, but only if you meet certain conditions.
14.07 / 14:25
UPS MET Waters Manufacturing Assurant Mobile Legal hurdles cleared, Foxconn to get 300-acre plot near Bengaluru airport for iPhone facility soon
Foxconn) as all legal hurdles for the transfer of land have been cleared, Karnataka’s Industries Minister MB Patil informed the legislative assembly on Friday. The Taiwanese tech giant has proposed to commission an assembly unit for Apple’s iPhones near Bengaluru’s international airport by April next year.
14.07 / 13:41
Target MET Progressive Remark Power India targets over 777 GW installed power capacity by 2030: RK Singh
New Delhi: India is expected to boost its installed power capacity to more than 777 gigawatts (GW) by 2030 with peak demand projected to reach 335 GW, power and renewable energy minister R.K. Singh said on Thursday. Singh made the remarks during a recent review meeting of the Inter-State Transmission System’s development in Jaipur, a system crucial for distributing electricity from regions with surplus power to those facing shortages.
14.07 / 12:15
MET Digital Cooper CEO BABA Indian Indian Ambassador Taranjit Singh Sandhu meets tech sector CEOs in Silicon Valley
Narendra Modi, India's Ambassador to the US, Taranjit Singh Sandhu has met leaders from the area of critical and emerging technologies in Silicon Valley as part of iCET initiative. The Initiative on Critical and Emerging Technologies or iCET has emerged as a key pillar of the India-US relationship following the maiden state visit of Prime Minister Modi to the US from June 21 to 23. The initiative was launched early this year by the two national security advisors — Jake Sullivan from the US and Ajit Doval from India — but it has been propelled to a new height by Prime Minister Modi and President Joe Biden.
14.07 / 11:31
MET Assurant expansion Maharashtra cabinet expansion: Ajit Pawar gets Finance, Dhananjay Munde gets Agriculture
Ajit Pawar getting the powerful Finance Ministry and Dhananjay Munde getting Agriculture.Aditi Tatkare got the Women and child development portfolio. Anil Patil got the Relief and rehabilitation portfolio. Dilip Walse Patil got the co-operatives ministry, while Chhagan Bhujbal got food and civil supplies.
14.07 / 09:39
MET Citizens Waters Extreme Orange Weather update: IMD issues orange alert in Bihar, Uttar Pradesh for today; floods likely. See forecast here
The India Meteorological Department (IMD) has predicted heavy to very heavy rainfall in Bihar and Uttar Pradesh today, issued an orange alert in the two states. As per IMD, Orange Alert: Uttar Pradesh and Bihar likely to get heavy to very heavy rainfall (115.6 to 204.4 mm) on 14th July. The weather department has also warned of localised flooding in the two stated and have asked citizens to avoid flood prone zone and stay away from vulnerable structures.
14.07 / 03:11
MET FIVE Digital Cooper Mobile PM Modi's France Visit: Emmanuel Macron confers highest civilian award to PM Narendra Modi
ANI, PM Modi will become the first Indian PM to receive this honour. The Legion of Honour, established by Napoleon Bonaparte, consists of five degrees, with the Prime Minister being awarded the highest, the Grand Cross. The ribbon is red, and the badge features a five-armed Maltese asterisk on an oak and laurel wreath.
14.07 / 03:09
MET Disney LEGO CEO Action Hollywood shuts down as actors go on strike
Hollywood actors will go on strike at midnight Thursday, effectively bringing the giant movie and television business to a halt as they join writers in the first industry-wide walkout for 63 years. The Screen Actors Guild (SAG-AFTRA) issued a strike order after last-ditch talks with studios on their demands over dwindling pay and the threat posed by artificial intelligence ended without a deal.
14.07 / 03:09
UPS MET Indian Telugu actor Roshann Meka to star in Mohan Lal's pan-Indian movie 'Vrushabha'
Telugu actor Roshann Meka will feature alongside superstar Mohanlal in pan-India film 'Vrushabha', the makers said Thursday. Ektaa R Kapoor's Balaji Telefilms has teamed up with Connekkt Media and AVS Studios for the multilingual project, to be directed by Nanda Kishore. Meka, known for starring in Telugu movies 'Nirmala Convent' and 'Pelli SandaD', will play the son of Mohanlal's character, a press release stated.
14.07 / 02:11
MET BLOCK Progressive Action Gap Align COP28 With 1.5°C as North Star, UAE charts passage plan for COP28
United Arab Emirates, host of this year’s UN climate talks, unveiled on Thursday the much-awaited plans and priorities for COP28, to be held in November in Dubai. The plan could lead to a global agreement to double energy efficiency, triple renewable energy capacity to 11,000 GW, and double hydrogen production to 180 million tonnes a year by 2030. “This plan is guided by a single north star.
14.07 / 01:27
COST UPS MET Booking Federal Bank Q1 net profit rises over 40%
Federal Bank reported an increase of more than 40% in its June quarter net profit to ₹854 crore on the back of falling provisions and improving business momentum. The bank had posted net profit of ₹601 crore in the year-ago period. Net interest income, the difference between interest earned and expended, climbed 20% to ₹1,919 crore for the June quarter versus ₹1,605 crore during the corresponding period last year.
14.07 / 01:05
COST UPS Target MET Manufacturing Mobile Warning View: Foxconn’s change of heart on chips is a warning to India
electronics manufacturing hub. Given that level of ambition, we need to be prepared for setbacks — such as the news this week that Taiwan-based Foxconn would not, in the end, build a semiconductor factory in the western Indian state of Gujarat. This was a huge disappointment.
13.07 / 20:19
MET Platform Action Racing ‘Recovery of tax dues from gaming firms after SC order’
NEW DELHI : Goods and services tax (GST) authorities will attempt to recover the tax demands made to a few online gaming platforms, including Gameskraft Technologies Pvt. Ltd only after the Supreme Court (SC) gives its final verdict on the tax dispute, Central Board of Indirect Taxes and Customs (CBIC) chairperson Vivek Johri said in an interview. The GST Council’s decision to clarify that online gaming platforms attract 28% GST seeks to make clear the legislative intent of the tax regime applying to these entities, Johri said.
13.07 / 19:45
UPS Lowe's MET Career Constant search for excellence has been incredibly draining: R Ashwin
R Ashwin to new heights but by his own admission, it has also been «incredibly draining». Ashwin, the world's number one Test bowler, put the disappointment of being dropped from the World Test Championship final with a 33rd five-wicket haul in the first Test against the West Indies here on Wednesday. The 36-year-old also became the third Indian to reach the 700-wicket milestone in international cricket and is only behind Harbhajan Singh (707 wickets) and Anil Kumble (953) in the all-time list. After the close of play on day one, the wily off-spinner, who also thinks deeply about the game, was asked about his long journey in international cricket and the ups and downs along the way, including the recent exclusion from the WTC final against Australia. «There is no cricketer or human being in this world that has gone through the highs without the lows. When you have the lows, it gives you two choices, either you sulk or talk about it and then complain about it and go along with it and go down. Or you learn from it. So I'm someone who's constantly learnt from my lows.
13.07 / 17:41
UPS MET Booking Gap When Stanley Tucci wanted to break up with Felicity Blunt over 21-year age gap; actor explains
Stanley Tucci has revealed that he once tried to break up with his then-girlfriend and now-wife Felicity Blunt. He said he was ‘afraid’ of their future together because of their 21-year age gap. Tucci was speaking on the BBC Radio 4 podcast Desert Island Discs, when he spoke about falling in love with Felicity Blunt, who is actor Emily Blunt’s sister.

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