Progressive Financial News
03.07 / 19:11
UPS
Progressive
Aware
Manufacturing
Destiny
Horoscope Today: Money astrological predictions for 4 July 2023
Ganesha says today's planetary transit may prove to be beneficial and happy for you. So be focused and pay attention to your work. Don't let laziness get the better of you.
03.07 / 18:11
Provident
Progressive
Aware
COMPOSITE
New laws to usher in insurance reforms
NEW DELHI : The government plans to introduce legislation during Parliament’s monsoon session to implement comprehensive reforms, including provisions for a composite insurance licence, relaxed entry barriers for companies, and simplified investment rules, in the insurance sector, two people aware of the development said. In the monsoon session starting 20 July, the Centre is expected to introduce two pieces of legislation—the Insurance Laws (Amendment) Bill, 2023, and the Insurance Bill, 2023, the people said on condition of anonymity.
03.07 / 17:43
UPS
FIVE
Digital
Progressive
Manufacturing
Micron
‘Micron’s India plant to start construction in 4-6 weeks’
NEW DELHI : Micron Technology, Inc.’s India plant is set to begin construction within four to six weeks, as the Gujarat government has allocated land for the semiconductor factory, said communications and IT minister Ashwini Vaishnaw on Monday. The facility in Sanand, Gujarat, will be producing the first ‘Make in India’ chip, and production is expected to start by December 2024, he added. Micron, the American semiconductor packaging firm, will invest $825 million in India to set up the assembly and testing facility, it’s first factory here.
03.07 / 17:27
UPS
Progressive
DAL
Time
Maharashtra crossover comes at a key time for BJP, but coalition may turn fractious
Ajit Pawar's decision to join hands with BJP in Maharashtra and become the deputy chief minister for the third time since November 2019 (and twice before — making it a record of sorts) comes as a shot in the arm for the ruling party. What makes the development more reassuring for BJP is the decision of several 'real' NCP leaders to head to 'safer' pastures. Among those who crossed over, Sharad Pawar would be particularly peeved with Praful Patel, a long-time loyalist.
03.07 / 17:27
COST
UPS
Digital
Progressive
Manufacturing
WTO
services
India’s 2022 global commercial services exports share doubled to 4.4%: WTO-World Bank
commercial services exports to 4.4% in 2022 from 2% in 2005, the World Bank and World Trade Organization (WTO) said Monday. In a report titled ‘Trade in services for development’, they said that in India, South Africa and Türkiye, jobs directly linked to cross-border services exports account for more than 10% of total services sector jobs.
03.07 / 16:59
UPS
Progressive
Platform
ad
IPL 2023 ad revenue crosses ₹10,000 crore
₹10,120 crore, according to a recent report. Out of this, the Board of Control for Cricket in India (BCCI), franchise owners, and broadcasters directly earned 65%, while the remaining was earned indirectly. Star Sports and Jio Cinema, the event’s broadcasters, accumulated ₹4,700 crore through advertising.Franchises earned about ₹1,450 crore and BCCI got about ₹430 crore.
03.07 / 16:51
UPS
Progressive
Ball
Manufacturing
At Wimbledon, the Grass Isn’t Quite the Grass Anymore
Novak Djokovic had just won the French Open when the questions began about his preparations to claim a 24th major title at Wimbledon. With three weeks between the two tournaments, how would he manage the transition from clay courts to grass this season? And which grass-court tuneup events would he play to rediscover a feel for the surface? Djokovic’s answer: none of them. His next competitive match would be the first round at the All England Club, this week—and it would feel just fine.
03.07 / 16:01
Provident
Progressive
Platform
Mobile
services
RAPIDX, India’s first regional train service, to start services this month: Report
₹30,274 crore. Asian Development Bank (ADB), Asia Infrastructure Investment Bank (AIIB), and New Development Bank (NDB) are co- financing in the project. RAPIDX will have a dedicated women’s coach on every train. "Moving in the direction to Meerut from Delhi, the second coach of the train set, i.e.
03.07 / 16:01
Provident
Aviat
Progressive
Manufacturing
Fighting
Assurant
Govt is committed to quality assurance in military aviation: Defence Secretary
New Delhi: The Central government is committed to ensure Quality Assurance (QA) in military aviation and taking appropriate measures to remove obstacles in indigenization of Defence manufacturing industry, defence secretary Giridhar Aramane said on Monday. Delivering keynote address at Workshop on “QA Reforms in Military Aviation for Promoting Indigenous R&D and Manufacturing," held in New Delhi, he added that the country is progressing in line with PM’s vision of Aatmnirbharata in defence. “It is a challenge but systems are being put in place and measures are being taken to achieve it," he said.
03.07 / 15:49
ETF
Progressive
Apple
Tesla
Marvell
Micron
Pinduoduo
Stocks making the biggest moves midday: Tesla, Rivian, XPeng and more
Check out the companies making headlines in midday trading.
03.07 / 14:37
COST
UPS
Provident
Progressive
Strategy
Student loan court ruling is a ‘one-two punch’ for clients
A Supreme Court ruling Friday adds urgency to budgeting and financial planning decisions for clients who owe money on student loans, investment advisors said after the court released its decision.
03.07 / 14:37
UPS
Progressive
Career
Action
Strategy
Financial Advice
end
Financial
How the end of affirmative action could hurt financial advice
The Supreme Court’s bombshell ruling Thursday striking down race-conscious college admissions programs will likely hurt diversity within the financial advice profession — but the degree to which it will do so is unclear, observers said.
03.07 / 12:38
Provident
Digital
Progressive
Gap
Startup Funds for Minority Women Triple in Two Years
In a promising sign of progress toward leveling the playing field for minority entrepreneurs, a new study shows startups run by Black and Latinx women raised $3.1 billion in 2020, triple the outside funding raised just two years ago.
03.07 / 12:37
UPS
Amazon
Progressive
Strategy
Tesla
How to Invest in 2021
While 2020 ended up being a good year for investors, with the S&P 500 gaining about 16% for the year, it was anything but a smooth ride. From record-high levels in early February, the S&P 500 dropped over 30% by late March due in large part to the economic fallout from COVID-19.
03.07 / 12:25
Progressive
Manufacturing
Airlines
Apple
Citigroup
Tesla
Occidental
AstraZeneca
fall
Tesla, XPeng, Nio rise premarket; AstraZeneca, AMC Entertainment fall
Investing.com — U.S. futures inched lower at the start of a holiday-shortened week that includes the release of some key economic data, including the monthly employment report.
03.07 / 11:47
UPS
Progressive
Gap
Financial
What Women Financial Planners Have to Say About Equity in Their Industry
While women have made inroads in the financial services industry, there's still a gap-especially for women of color. For International Women’s Day, Investopedia asked female financial advisors what representation means to them and how the industry can improve.
03.07 / 11:45
Progressive
ISRO terminates semi-cryogenic engine test after sudden spike in turbine pressure and speed
Indian Space Research Organisation terminated the first hot test on an intermediate configuration of the semi-cryogenic engine following an unanticipated spike in the turbine pressure and subsequent loss of turbine speed. The intermediate configuration of the semi-cryogenic engine is also known as a power head test article (PHTA). The July 1 test at ISRO Propulsion Complex (IPRC), Mahendragiri, Tamil Nadu, was conducted towards developing a 2,000 kN (Kilonewton) thrust semi-cryogenic engine to power the booster stages of future launch vehicles, the Bengaluru-headquartered national space agency said in a statement on Monday.
03.07 / 10:11
UPS
Progressive
M&M tractor sales up 6 pc in June at 44,478 units
Mahindra Ltd on Monday reported a 6 per cent growth in total tractor sales at 44,478 units in June, as compared to the same month last year. The company had sold 41,848 units in June 2022, Mahindra & Mahindra (M&M) said in a statement.
03.07 / 10:05
Digital
Progressive
Aware
CEO
Airlines
Mobile
Thousands forced to wait hours at Houston airport after hundreds of delays, cancellations
Hundreds of airline passengers stand in United Airlines' customer service line following a slew of flight cancellations and delays at Newark Liberty International Airport on Tuesday, June 27, 2023.
03.07 / 10:05
UPS
BLOCK
Progressive
US farmer warns ‘China is quietly taking over’ food security
National Black Farmers Association President John Boyd Jr. calls on policymakers who are not doing enough to stop China's 'foothold' on the U.S. economy.
03.07 / 09:43
Citi
Provident
Progressive
Career
Strategy
Enterprise
Interface
Citi operations head: We are the ninjas behind the scenes
Operations jobs in investment banks have a seemingly well-deserved reputation for being a bit dull. When Goldman Sachs managing director Rebecca Anderton-Davies worked in operations, she found it very boring. "I didn’t love the work, which mainly involved repetitive tasks such as checking the basic time/date/amount/account details against the equivalent entries from other banks," she wrote in her recent autobiography, observing that it was — however, better than her previous job of stacking supermarket shelves.
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