Reports Financial News

01.05 / 03:09

markets COST Target economy show reports Fed to signal delay of interest-rate cuts after higher than expected inflation

Federal Reserve officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans for cuts in the near future after higher-than-expected inflation. The Federal Open Market Committee will hold the target range for its benchmark rate at 5.25% to 5.5% — a two-decade high first reached in July — at the conclusion of its two-day policy meeting Wednesday. The rate decision, and possibly an announcement on the pace of its balance-sheet reduction program, will be released at 2 p.m. in Washington. Chair Jerome Powell will hold a press conference 30 minutes later.

01.05 / 03:09

UPS CEO Mobile wellness information reports Kotak Mahindra Bank’s KVS Manian likely to join Federal Bank as MD CEO

Kotak Mahindra Bank’s joint managing director, KVS Manian, resigned today (April 30) and is said to be taking up an offer from Federal Bank as MD CEO, said people with knowledge of the matter. The bank informed the stock exchange late Tuesday evening that Manian has stepped down from his position to pursue other opportunities in the financial services sector. Manian, who spent 29 years with the bank, has resigned with immediate effect. Manian had to confirm to Federal Bank by May 21 whether or not he would accept the offer, people cited above said.

01.05 / 02:39

markets Trade AGRO performer classical reports orienteering Q4 results today: Adani Power, Ambuja Cements, Adani Wilmar, among 18 companies to report Q4 earnings on May 1

Adani Power, Ambuja Cements, Adani Wilmar, Bondada Engineering, Netweb Technologies India, SIS, Orient Cement, Greenpanel Industries, Mangalam Cement, PNB Gilts, Dhampur Sugar Mills, among others will release their Q4 results today. Additionally, Cigniti Technologies, Vardhaman Special Steels, Zenotech Labs, Classic Filaments, Mena Mani Industries, MRP Agro and Nalin Lease Finance will also announce their Q4 earnings on Wednesday, May 1. The Indian stock market is closed today on account of Maharashtra Day.

01.05 / 02:39

Target FIVE Remark Election country reports Lok Sabha Elections 2024: ‘Why target Muslims only, I also have 5 children,’ Kharge on PM Modi's ‘mangalsutra’ remarks

Mallikarjun Kharge has expressed confidence that his party would win a majority in the ongoing Lok Sabha election. That is precisely why, Kharge said, Prime Minister Narendra Modi was talking about ‘mangalsutra and Muslims’ in his election speeches. “We are going to win a majority in this election.

01.05 / 02:13

CEO Platform Enterprise Exodus Freedom show reports New Cerulli study sheds light on advisors going independent

The exodus toward independent channels continues, according to a new Cerulli Edge study. And not just from wirehouses.

01.05 / 01:21

markets COST Citi FIVE Strategy wellness reports Licious turning omnichannel with five stores in Bengaluru by June

Licious will open five physical stores in Bengaluru by June and increase the store count to 35-40 across two-three cities by the end of this fiscal, founders Vivek Gupta and Abhay Hanjura told ET. The move is aimed at tapping new users in the offline channel and eventually have them transact online as well, they said.

01.05 / 01:21

markets security Southern Research Everest reports Schools IT companies log strong revenue growth outside key North America market

revenue growth in parts of Europe and regional markets — the Middle East & Africa (MEA) and India and Asia Pacific (APAC) — outpacing that in the traditional stronghold of North America, which is experiencing flattening demand. Currently, for most IT services firms, the North American market contributes 50-60% to the total revenue, followed by Europe at around 30%. The regional markets still constitute a small portion of the total revenue pie.

01.05 / 01:15

markets COST UPS Manufacturing President reports Recruiters shift focus from IT as hiring remains slow

IT sector has pushed recruiters to bank on other industries like manufacturing, retail and auto, amongst others, to make up for lost IT business. The development has effectively swivelled the job market 180 degrees from an employee's market to that of the employer. “About 18 months ago, 80% of our placements were from the IT sector; now it is 40%," said Alok Kumar, president of Manpower, a subsidiary of recruitment firm ManpowerGroup.

01.05 / 01:15

security Analysis Remark Research reports Department Investigations Pannun 'assassination' plot: US 'working with India' on probe amid RAW official involvement claims

Gurpatwant Singh Pannun, as per a PTI report. The remarks by US State Department Principal Deputy Spokesperson Vedant Patel came in response to claims made by The Washington Post, attributing unnamed sources, regarding a Research and Analysis Wing (RAW) officer's involvement in the alleged plot on American soil last year, it added.

01.05 / 00:37

markets COST Action Tesla reports International Elon Musk fires Tesla's entire supercharger team

Elon Musk has shut down the division that runs Tesla Inc.‘s Supercharger business, dismissed two senior executives and fired hundreds more staff as the electric-car maker continues its restructuring amid a sharp downturn in the EV market.

01.05 / 00:37

Booking Justice reports Department TD Bank to take $450-million provision in relation to U.S. probe

Toronto-Dominion Bank is booking an initial US$450-million provision in connection with an ongoing probe into violations of U.S. banking regulations, including anti-money laundering rules, the bank said Tuesday.

01.05 / 00:37

markets UPS Progressive Manufacturing economy reports Canada's economy is losing momentum — quickly

The Canadian economy lost momentum in February as it grew at a slower pace than both analyst expectations and Statistics Canada’s previous prediction, increasing the pressure on the Bank of Canada for a potential interest rate cut in mid-2024.

30.04 / 23:25

markets UPS 2020 reports Traffic Starbucks reports weaker-than-expected fiscal Q2 results as customer traffic slows

Starbucks is reporting weaker-than-expected sales in its fiscal second quarter as customer traffic dried up in many key markets

30.04 / 23:25

Research President Justice reports Department recommendations Traffic What marijuana reclassification means for the United States

The U.S. Drug Enforcement Administration is moving toward reclassifying marijuana as a less dangerous drug

30.04 / 23:25

UPS DOW reports How major US stock indexes fared Tuesday, 4/30/2024

U.S. stocks closed out their ugly April with even more losses, cementing the market’s worst month since September

30.04 / 23:25

COST CEO economy Trade reports rights Videos Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars

Amazon has reported strong results for the first quarter

30.04 / 22:46

COST UPS FIVE Extreme Aware reports Climate change is affecting how Canadians plan to buy homes, report says

As Canada is braces for another record wildfire season, the climate crisis is bleeding into another major challenge facing Canadians — housing.

30.04 / 22:39

Extreme Action Barrett show social reports Poilievre booted from House of Commons after calling Trudeau a ‘wacko’

Pierre Poilievre was booted from the House of Commons on Tuesday after calling Justin Trudeau a “wacko prime minister.”Speaker of the House Greg Fergus took the step Tuesday during question period, kicking Poilievre out for using language he said was “not considered parliamentary.”The Conservative leader blamed Trudeau for allowing British Columbia to decriminalize small amounts of hard drugs, a step B.C. is now seeking to roll back.Last week, B.C.

30.04 / 22:33

UPS Binance CEO security reports Department Binance Founder Changpeng 'CZ' Zhao Sentenced to 4 Months in Prison

Binance founder and former CEO Changpeng 'CZ' Zhao was sentenced to four months in prison in a Seattle courthouse on Tuesday, the AP reported.

30.04 / 21:51

Gap TikTok wellness President audience reports Videos UFC 304: Tom Aspinall slams 'controversial', 'unfair' UFC decision. Here's why

UFC had recently announced its decision to return to UK for some upcoming matches. Now, Manchester will see the return of UFC in it's very popular venue after a long gap since 2016, when the UFC 204 was held in Manchester Arena. This year, Manchester Arena will again see the UFC franchise coming back on July 27 with all guns blazing, as per a report on SportsBible

30.04 / 21:51

Fox Immunic Research Universities show reports symptoms Cancer treatment: Vitamin D diet holds key? Here's what latest research reveals

Vitamin D could be the next surprise and effective weapon against cancer, according to a study by scientists in the health sector, says a Fox News report. According to the study, a study on mice which included feeding them vitamin D rich diet could help increase immunity against cancer symptoms. Vitamin D changes the gut microbiome in order enhance effective cancer immunity and increases levels of the bacterium Bacteroides fragilis that depicts an improvement in cancer immune response.

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