Progressive Financial News
28.07 / 11:06
Maxim
Progressive
Manufacturing
CEO
Micron
electronic
boost
Micron’s investment will boost India’s tech chops and spur economic growth
Job creation and skill development: One of the primary benefits of Micron's investment in India will be the creation of high-value jobs. With its state-of-the-art semiconductor manufacturing facilities, Micron will not only hire top-tier talent but also collaborate with local educational institutions, fostering the development of skilled professionals in microelectronics. This transfer of knowledge and expertise is crucial to nurturing indigenous innovation and allowing homegrown technology companies to flourish.
28.07 / 10:54
UPS
Provident
Progressive
Latin
What are the pros and cons to watch out for while planning to go for compounding? Arun Kumar answers
«Broad idea is very slow and then all of a sudden it starts making meaningful jump. So, in a crux that is how compounding kind of gets it powerful in the longer run,» says Arun Kumar, FundsIndia.com.When it comes to the word compounding, in Latin terms it means put together. In a financial sense, we have seen wonders happening. But at what point in time, would just want to know that how early one should start focussing on compounding and then probably what sort of wonders that you have seen over the years, share some of your experience on that front.The broad idea of compounding is fairly simple.
28.07 / 07:19
UPS
FIVE
BLOCK
Progressive
country
China's bid to enlarge BRICS membership hits roadblocks
BRICS group of emerging markets to grow its political clout and counter the US, officials with knowledge of the matter said. The countries have raised objections in preparatory talks for a summit in Johannesburg next month where Brazil, Russia, India, China and South Africa will discuss potentially expanding the group to include Indonesia and Saudi Arabia. China has repeatedly lobbied for expansion during those meetings, said the officials, who asked not to be identified as the discussions are private.
28.07 / 06:57
UPS
Digital
Progressive
CEO
Micron
electronic
Micron to make chips in India for local and global markets; create 5,000 jobs, CEO says
Gujarat facility will be shipped to Indian customers and also abroad, CEO of Micron Technology Sanjay Mehrotra said on Friday at the annual semiconductor conference in Gujarat. «I am proud to be here today to represent the company's commitment to build a semiconductor test facility right here in Gujarat. It is a first for India and the first major semiconductor company investment in the nation,» Mehrotra said at Semicon India 2023 event.
28.07 / 04:33
UPS
Target
Booking
Progressive
SENSEX
performer
share price
BPCL share price declines after Q1 results; what should investors do- buy or wait?
₹380.95 against the previous close of ₹379.65 and soon fell over a per cent to the level of ₹373.25. The stock has gained 17 per cent in the last one year against a 19 per cent gain in the equity benchmark Sensex. BPCL Q1 results: On Wednesday (July 26), BPCL reported a standalone net profit for Q1FY24 at ₹10,550.88 crore.
28.07 / 04:33
COST
Target
Progressive
Assurant
country
medicines
Weight loss drugs absent in WHO's latest essential medicines list; includes heart ‘polypills'
CNN reported. These lists are widely acknowledged as valuable references for countries' health systems, aiding them in prioritizing effective and affordable medications. Each newly added medicine is regarded by WHO as "essential" in addressing critical public health requirements.
28.07 / 04:27
UPS
Citi
Progressive
track
country
foreign
Australia 'confident' on nuclear submarines as defence, foreign ministers meet
Anthony Albanese said he was confident a deal for the U.S. to sell nuclear powered submarines to Australia was on track, ahead of talks between defence and foreign ministers of the two nations on Friday. Twenty-five U.S.
28.07 / 04:27
Progressive
country
voice
Alarmed by AI's potential, US Senate to summon experts
Senate Majority Leader Chuck Schumer said on Thursday. There is «real bipartisan interest in AI, which will be necessary if we want to make progress on what really is an imperative for this country — putting together AI legislation that encourages innovation but has the safeguards to prevent the liabilities that AI could present,» Schumer said.
28.07 / 01:49
Target
Booking
Progressive
NIFTY
SENSEX
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 28th July
Buy or sell stocks for today: On the last trade session of July Series Future & Option (F&O) contract, key benchmark indices of the Indian stock market ended in red territory. NSE Nifty ended 118 points lower at 19,659 levels whereas BSE Sensex shed 440 points and closed at 66,266 mark. Bank Nifty index went down 383 points and finished at 45,679 levels.
27.07 / 21:49
Ethereum
ETH
Provident
BTC
Progressive
Retail Investors Back Borroe ($ROE) Presale Amid Ethereum Price Decline
The cryptocurrency market is always on the lookout for the best crypto to invest in and promising projects to diversify portfolios. Amid the recent decline in Ethereum's price, one project that has caught the attention of retail investors is Borroe ($ROE).
27.07 / 20:03
Booking
Progressive
Platform
Actor
show
stage
Sweet Magnolias Season 4: Everything you may want to know
Sweet Magnolias, a popular drama series on Netflix, made its debut in May 2020 and has since become one of the streaming platform's most cherished shows, often compared to Virgin River. The series is an adaptation of Sherryl Woods' book series and was developed by Sheryl J. Anderson. It features talented actors, such as JoAnna Garcia Swisher, Brooke Elliott and Heather Headley. Recently, the third season, which comprises 10 episodes, was released worldwide on Netflix on July 20, 2023.
27.07 / 18:53
UPS
Provident
Target
Progressive
voice
Deal
India, Iran set to ink long-term deal on Chabahar port
NEW DELHI : India and Iran are expected to sign a long-term deal for the development of Iran’s Chabahar Port by September before the Global Maritime India Summit 2023 scheduled in New Delhi in October, two people familiar with the matter said. After years of negotiations, Delhi and Tehran are expected to sign a multi-year deal, allowing India to develop the Shahid Beheshti Terminal in the Chabahar port. In 2016, India Ports Global Ltd (IPGL) and Arya Banader of Iran had signed a contract to develop the port.
27.07 / 17:25
Provident
Target
Digital
Cooper
Progressive
JPY
cover
India, Japan explore collaboration in semiconductors & digital public infra
S. Jaishankar held the 15th India-Japan Foreign Ministers' Strategic Dialogue with Yoshimasa Hayashi, Minister of Foreign Affairs of Japan here on Thursday. They explored potential areas of collaboration in critical and emerging technologies, including semiconductors; resilient supply chains; and digital public infrastructure, among others. The meeting provided an opportunity to review the progress made in the India-Japan Special Strategic and Global Partnership. The Ministers engaged in comprehensive discussions covering a wide range of issues of bilateral, regional, and global significance. They highlighted the importance of further strengthening India-Japan partnership based on shared values and principles. The Ministers emphasized the importance of achieving the target of JPY 5 trillion Japanese investment in India in the period 2022-27.
27.07 / 16:41
COST
Target
Digital
Progressive
Manufacturing
Govt may offer PLI for chemicals, petrochem
NEW DELHI : The government will consider a production-linked incentive (PLI) scheme for the chemicals and petrochemicals sector as it strives to emerge as a manufacturing hub, Union finance minister Nirmala Sitharaman said on Thursday. “We are in favour of making India a manufacturing hub," Sitharaman said at the third edition of the Global Chemicals and Petrochemicals Manufacturing Hubs in India Summit organized by the Federation of Indian Chambers of Commerce and Industry (Ficci) in association with the ministry of chemicals and fertilizers . “We will be considering PLI for chemicals and petrochemicals," said the finance minister.
27.07 / 16:41
UPS
Digital
Maxim
Progressive
Mobile
social
Utopia or dystopia: Can artificial intelligence really be regulated?
After OpenAI, an artificial intelligence (AI) company, launched ChatGPT in November 2022, followed by ChatGPT 4, a more advanced generative version of its large learning model, AI has taken the world by storm. People at large are confused, awestruck by the immense possibilities outlined in the Utopian narrative. At the same time, they are “a little bit scared," as OpenAI chief executive officer Sam Altman put it, by the alternative dystopian narrative.
27.07 / 16:41
Target
Progressive
Manufacturing
guidance
Strong June qtr, higher margin guidance cheer Cipla’s investors
₹6,329 crore, driven by India and US markets owing to better market conditions and product mix. To be sure, significant near-term upsides may be capped after the stock gained 23% in the past year.
27.07 / 16:17
UPS
Provident
Waves
Progressive
Platform
Pool
network
InQubeta Staking Offers Superior Yields For DeFi Fans, As 1Inch Network's Fusion Proving Revolutionary
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
27.07 / 13:49
Progressive
show
Crude oil higher; U.S. GDP suggests resilient economy
Investing.com — Crude oil prices rose Thursday, boosted by signs of resilient economic activity in the U.S. as well as expectations of tighter supplies as the year progresses.
27.07 / 13:49
Facebook
COST
Target
Progressive
Platform
social
analysts
guidance
'AI glory days': Meta rallies 8% on upbeat guidance, strong Q2; analysts bump numbers
Investing.com — Meta Platforms rose more than 7.5% in pre-market Thursday after the social media giant's second quarter results topped Wall Street expectations, driven by a jump in advertising revenue.
27.07 / 13:23
UPS
MET
Booking
Progressive
Sona BLW Precision Q1 Results: Net profit up 47% to Rs 112 crore
Auto component maker Sona BLW Precision Forgings on Thursday said its consolidated net profit increased by 47 per cent to Rs 112 crore in the June quarter. The company had posted a net profit of Rs 76 crore in the April-June period of the last fiscal.
27.07 / 12:45
UPS
Progressive
CEO
Indus
performer
surges
Indus Towers Q1 Results: Net profit surges 182% to ₹1,348 crore, revenue up 3%; ESOP declared
Indus Towers Q1 Results: Indus Towers announced its April-June quarter results for fiscal 2023-24 (Q1FY24) on July 27, reporting a surge of 182 per cent in consolidated net profit at ₹1,348 crore, compared to ₹477 crore in the corresponding period last year. The company's revenue from operations during the first quarter of current fiscal stood at ₹7,075 crore, up almost three per cent, compared to ₹6,897 crore in the year-ago period.
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