Progressive Financial News
09.07 / 11:31
UPS
Lowe's
Target
Progressive
Fighting
Yellow
Southern
Weekly
Energy & precious metals - weekly review and outlook
Investing.com — Is the macro picture for oil and gold changing? The softer-than-expected U.S. jobs numbers for June sent both crude and the yellow metal rallying on Friday as the dollar tumbled its most in a day percentage-wise since February. All eyes are now on the coming week’s reading on inflation, which, if tame, could unleash more risk appetite.
09.07 / 09:51
COST
Provident
Progressive
Manufacturing
analysts
recovery
IT cos to log muted Q1 as macro woes persist; recovery may be gradual, say analysts
As tech companies head into Q1 earnings season this week, experts will also be keeping a close watch on any management commentary on the revision of the growth outlook for FY24, the spread of demand deterioration beyond BFSI (banking, financial services and insurance), hi-tech, telecom and retail verticals, net hiring, project ramp downs and pricing pressures, as key monitorables.Tata Consultancy Services (TCS) and HCL Tech are scheduled to declare their results on July 12, followed by Wipro's report card a day later (July 13). Infosys will announce its Q1 numbers on July 20, while LTIMindtree is slated to do so on July 17.
09.07 / 09:27
COST
UPS
Progressive
Manufacturing
analysts
recovery
IT companies to log muted Q1 as macro woes persist; recovery may be gradual, say analysts
Some brokerages, in fact, have cautioned that pain will continue for the tech pack up ahead, as recovery is likely to be more gradual, only around Q4 FY24 or in FY25. As tech companies head into Q1 earnings season this week, experts will also be keeping a close watch on any management commentary on the revision of the growth outlook for FY24, the spread of demand deterioration beyond BFSI (banking, financial services and insurance), hi-tech, telecom and retail verticals, net hiring, project ramp downs and pricing pressures, as key monitorables.Tata Consultancy Services (TCS) and HCL Tech are scheduled to declare their results on July 12, followed by Wipro's report card a day later (July 13).
09.07 / 09:27
Provident
Cooper
Citizens
Progressive
negotiations
Piyush Goyal to visit UK for FTA negotiations, review progress of TEPA
Piyush Goyal, will start his three-day visit to the United Kingdom on Monday with a focus on the Free Trade Agreement (FTA), Ministry of Commerce and Industry said in a release. During his three-day visit from July 10-12, the Commerce Minister will meet ministers from the European Free Trade Association (EFTA) member countries to discuss the progress of the Trade and Economic Partnership Agreement (TEPA).
09.07 / 08:43
Blockchain
Ethereum
Provident
Progressive
Oracle
Enterprise
Three Altcoins Set for Continued Growth: Ethereum (ETH), VC Spectra (SPCT), and Chainlink (LINK)
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
09.07 / 02:03
Citizens
Progressive
Google
National
committee
National Election Committee announces electoral college lists for FNC elections 2023
National Election Committee (NEC) today announced the lists of the electoral college members from all emirates for the 2023 Federal National Council (FNC) elections, which features 398,879 members, marking an 18.1 per cent hike over the 2019 lists that included 337,738 Emirati electors. The representation of Emirati women in the electoral college for 2023 has increased by 51 per cent, compared to 49 per cent for men, the NEC said, adding that the electoral college lists have a significant representation of electors in the 21-40 age category (55 per cent), reflecting the crucial role of youth in the UAE's progress.
08.07 / 19:23
UPS
IPO
Provident
Progressive
Platform
Mobile
Buyback
Ant
Ant's surprise share buyback values firm at steep 75% discount to IPO
By Julie Zhu and Josh Ye
08.07 / 18:51
Target
Progressive
Strategy
Pool
play
Short on system backup, companies can't play CSR long game
corporate social responsibility (CSR) spending might be paved with good intentions. But a combination of regulatory restrictions around budgets, timelines and reporting, and a compliance mindset is holding companies back from taking a long-term approach to CSR, according to India Inc CSR heads and multiple social sector experts. A recent newsletter by the ministry of corporate affairs (MCA) stated that while CSR spends had nearly doubled from 2016 to 2021, it was “imperative that the companies take a long-term comprehensive approach to yield productive results,” as reported by ET earlier.
08.07 / 16:07
UPS
Citi
Progressive
Manufacturing
Action
Southern
Railway Minister inspects production of state-of-the-art Vande Bharat trains at ICF in Chennai
Ashwini Vaishnaw on Saturday visited the Integral Coach Factory and inspected the manufacturing of Vande Bharat trains at the facility here. On a brief visit to the city, Vaishnaw, accompanied by senior officials of the ICF, took stock of the production of the latest new-generation high-speed trains and went around the sprawling campus.
08.07 / 14:53
Provident
Progressive
Highways
NHAI warn its contractors, says bill payments will be withheld for illegal dumping
Contractors found indulging in illegal dumping would not only face penalties but their bill payments will also be withheld, said Regional Officer of National Highway Authority of India (NHAI) in Himachal Pradesh Abdul Basit on Saturday. Presiding over the meeting of all the contractors, team leaders of supervising consultants and project directors of NHAI Mandi, Shimla, Palampur and Hamirpur, he gave a stern warning to contractors that no illegal dumping would be tolerated under any circumstances, a statement issued here said.
08.07 / 13:43
UPS
Citi
Progressive
Metro
Govt appoints K Rajaraman new IFSCA chairman
telecom secretary K Rajaraman will be the next chairman of the International Financial Services Centres Authority (IFSCA), the finance ministry said on Saturday. He will succeed Injeti Srinivas, who had taken over as the first chairman of the IFSCA in early July 2020 for a period of three years. In a notification, the department of economic affairs (DEA) said Rajaraman, a 1989 batch Indian Administrative Service Officer of the Tamil Nadu batch, is appointed “for a period of three years with effect from the date of assumption of charge of the post, or till attaining the age of 65 years, or until further orders, whichever is the earliest”.
08.07 / 13:43
COST
Citi
Lowe's
Progressive
Matrix
Hike in rates to push affordable housing in Gurgaon, nearby cities
Haryana government’s affordable housing policy where the state government allots apartments constructed by developer at a fixed rate, is likely to gain traction again as the cabinet increased the allotment rates by 20%. Due to the substantial increase in the cost of raw material, developers have been demanding that the state government amend the rate as projects were becoming unviable. “The higher rates would encourage developers to undertake more affordable housing projects, increasing the supply of affordable homes.
08.07 / 11:09
UPS
Provident
Progressive
Fighting
Assurant
Southern
US to send Ukraine cluster munitions, NATO makes membership pledge
(Reuters) -The United States announced on Friday that it would supply Ukraine with widely banned cluster munitions for its counteroffensive against occupying Russian forces, and NATO's leader said the military alliance would unite at a summit next week on how to bring Ukraine closer to joining.
08.07 / 08:39
Progressive
NOT
Implementing UCC not easy like revoking Article 370, will affect all religions: Ghulam Nabi Azad
Ghulam Nabi Azad on Saturday cautioned the Centre over implementing a uniform civil code, saying it will affect all religions. Talking to reporters, he also said that implementing UCC will not be «easy as it was to revoke Article 370».
08.07 / 08:15
UPS
Progressive
Assurant
'India's solid growth makes it a highly attractive market,' says German Ambassador Philipp Ackermann
ANI, Ackermann highlighted that India has consistently achieved robust growth and stands out as one of the few countries with sustained economic progress, saying, "India is a very interesting market for us. It's a big market. It's a growing market.
08.07 / 06:01
Progressive
Platform
Rishabh Pant’s ‘Dabangg’ entry on Threads: From alerting Mark Zuckerberg to wishing MS Dhoni
Pant made a fiery entry to this latest trend and gained more than 50,000 followers on the first day. Rishabh Pant turned Chulbul Pandey, played by Salman Khan in Dabangg movies, to share his first post on threads. “Swagat nahi karoge, Excited to stay connected with you all here," read his first post on Threads.
08.07 / 04:27
Target
Progressive
CEO
Strategy
Align
Shipping regulator falls short of 1.5C-aligned climate goals
The International Maritime Organization adopted a net zero target for 2050, with interim “checkpoints” by 2030 and 2040. If followed, the new strategy would not cut shipping emissions quickly enough to align the industry’s pollution with the Paris Agreement’s stretch goal to limit global warming to 1.5C, the experts said. “This agreement is not aligned with international shipping doing its part to limit global warming to 1.5C,” said Bryan Comer, marine program lead at the International Council on Clean Transportation, a non-profit.
08.07 / 04:21
COST
Citi
FIVE
Progressive
Highways
PM Modi to inaugurate six-lane greenfield expressway section of Amritsar-Jamnagar Economic Corridor today
Narendra Modi will dedicate to the nation the six-lane greenfield expressway section of the Amritsar-Jamnagar Economic Corridor on July 8. As per an official release, spanning over 500 km in Rajasthan, this section which runs from village Jakhdawali in Hanumangarh district to village Khetlawas in Jalore district, is built at a cost of around ₹11,125 crore. As per the statement, this expressway will have a substantial impact on reducing travel time and enhancing connectivity between major cities and industrial corridors.
07.07 / 21:19
UPS
Lowe's
Progressive
Platform
Fighting
Oil at month high; U.S. rate hike fears cooled somewhat by soft jobs report
Investing.com — Oil bulls are finally getting a break on rate hike concerns after a softer-than-expected U.S. jobs report for June suggested some tempering in the Fed’s hawkishness when the central bank’s policy-makers sit for their next rate review in three weeks.
07.07 / 20:59
Provident
Progressive
Manufacturing
Remark
India surpasses global averages of plastic recycling rate: Piyush Goyal
New Delhi: Commerce & industry minister Piyush Goyal on Friday highlighted India’s impressive recycling achievements, stating that the country’s plastic recycling average of 13% surpasses the global average of 9% and even outperforms some developed economies with only 4%. The minister made these remarks while addressing a gathering during a technology conference for the growth of the plastic industry. Goyal emphasized the importance of recycling and its positive impact on the environment.
07.07 / 18:35
UPS
Lowe's
Progressive
Platform
Yellow
Gold clings to above $1,900 after softer June U.S. jobs report
Investing.com — Gold isn’t about to lose its $1,900 handle yet — not with a U.S. labor market that finally may be cooling.
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