Reports Financial News
03.04 / 01:23
UPS
Citi
Waves
Reuters
Southern
reports
Tsunami warning issued for Japan’s Okinawa after 7.5 magnitude earthquake
Okinawa. "Tsunami waves of up to 3 meters were expected to reach large areas of Japan's southwestern coast," according to the Japan Meteorological Agency, which put the quake magnitude at 7.5, as per Reuters report. Additionally, a powerful earthquake with a magnitude of 7.2 struck offshore Taiwan on the same day, shaking the capital city of Taipei and prompting tsunami warnings for the islands of southern Japan and the Philippines.
03.04 / 00:41
markets
Target
economy
Food
Research
Experts
reports
RBI MPC meeting begins today: Rate pause may continue on GDP growth, inflation; Key indicators to watch
Also Read: RBI policy meet: SBI says there could be no rate cut before Q3FY25; here's why According to a majority of analysts and economists on D-Street, the RBI would keep its key repo rate unchanged at 6.50 per cent at the conclusion of the April 3-5 MPC meeting, continuing its stance of ‘withdrawal of accommodation’. However, the recent uptick in crude oil prices over geopolitical conflicts is likely to keep the MPC's focus on inflation and managing the impact of global headwinds, despite record-high economic growth in the previous quarter. "The MPC is unlikely to act on policy rates on April 5th.
02.04 / 23:15
Provident
SEC
CEO
security
President
reports
Interviews
Former AssetMark CEO Ahluwalia joins Hightower as president
There’s a new face and title at Hightower Advisors.
02.04 / 22:27
SUN
Fox
BURST
WhatsApp
Photos
reports
Solar Eclipse 2024: Best ways to click April 8 total solar eclipse photo on your phone? Get to know here
solar eclipse, due to the chances of retinal damage, there's nothing stopping you from clicking some good pictures of the phenomenon when it commences on April 8. However, the total solar eclipse should also not be directly clicked by a the normal smartphone lens as it can cause damage to your camera peripherals and cause focus issues. The smartphone lens is also similar to the human eye, and both cannot be directly exposed to the eclipse full burst. Thus, clicking pictures under these circumstances may seem a little difficult for those who wish to capture this auspicious moment on their phones.
02.04 / 22:23
Fox
Simulation
President
show
exclusive
reports
Interviews
A million simulations show US debt is on an 'unsustainable' path
Treasury Secretary Janet Yellen discusses inflation risks, taxes and credit card debt in an exclusive interview with FOX Business.
02.04 / 21:03
Booking
Action
Opinion
Freedom
social
rock
reports
Harry Potter author JK Rowling to be arrested? What we know so far
Amid this controversy, 'Harry Potter' author J.K. Rowling has been vocal about the impacts of the new hate crime law and has 'challenged' authorities to arrest her for her views on this law that, according to her opinion, was 'wide open to abuse', says a Guardian report.
02.04 / 21:03
Action
film
Actor
Oscar
reports
Department
International
‘Bring The Law’: See what we know about production, cast, plot and creative team
Bring the Law," an action-thriller that marks the directorial debut of actor Scout Taylor Compton, known for her role in 2007's Halloween, according to a Deadline report. Production
02.04 / 19:53
CEO
Action
Food
SBF
FTX bankruptcy
reports
Interviews
Sam Bankman-Fried Issues First Statement Since Sentencing: “I Never Thought What I Was Doing Was Illegal,” ABC News Reports
Former “king of crypto” Sam Bankman-Fried is speaking out following his sentencing last week that saw the FTX founder nab 25 years in prison, telling ABC News in an April 1 interview that he “never thought” his actions were criminal.
02.04 / 19:19
markets
Racing
security
Trade
inclusion
reports
Warburg Pincus frontrunner to buy Shriram Housing Finance
Warburg Pincus is closing in on Shriram Housing Finance Ltd (SHFL), having emerged as the frontrunner to acquire the unit of Chennai-based non-banking finance company (NBFC) Shriram Finance, said people in the know. In a closely fought race, Bain Capital is the other serious contender, they said. Binding bids were submitted last week, they added. Negotiations are ongoing with both seeking to maximise value, “but for the moment, Warburg seems a more aggressive suitor or bidder for the company,” said a person close to the company on condition of anonymity. To be sure, the sale likely hinges on the matter of valuation. Shriram pegs it at Rs 6,500 crore, inclusive of a control premium, but the offers have been in the Rs 5,300-5,500 crore range.
02.04 / 19:19
markets
COST
UPS
Highways
Research
reports
Energy, auto companies bet big on LNG trucks
liquefied natural gas is catalysing energy companies and auto majors to gear up to serve the long-haul LNG trucking segment. To cater to these medium and heavy commercial vehicles, oil marketing companies are planning to expand the compressed natural gas dispensing infrastructure in their fuel retail outlets to dispense LNG. They are planning to set up LNG retailing outlets along major national highways. «Setting up of an LNG station will cost anywhere up to ₹8-₹12 crore. A fuel retail outlet costs only up to ₹1.5 crore. We are evaluating options to maximise investment and expand CNG dispensing stations to include LNG,» said a senior executive from an oil marketing company.
02.04 / 19:19
markets
COST
Provident
FIVE
performer
reports
audit
Audit fees growth lags corporate expansion in India
Audit fees for Nifty 500 companies increased by a modest 28% between 2018 and 2023, indicating that they have lagged behind their growth and operational performance, as market capitalisation grew 92.75%, net sales rose 83.7%, and profit after tax (PAT) increased 126.2%. According to data provided by Prime Database, audit fees grew from ₹1,114 crore in FY18 to ₹1,430 crore in FY23 for Nifty 500 companies and from ₹404 crore to ₹466 crore for Nifty 50 companies. While the audit fee hike is marginal, the sharply increasing complexity in business operations, heightened regulatory oversight on listed companies, growing complexity in reporting requirements, and escalating talent and organisation costs every year are putting auditors in a tough spot.
02.04 / 19:19
Booking
Action
WhatsApp
information
reports
Department
Investigations
Mahadev app case: ED allegations against Bhupesh Baghel, others made part of Chhattisgarh police FIR
Bhupesh Baghel was a «beneficiary» of the proceeds of crime raised through illegal Mahadev betting application, ED claimed that his associates «regularly received the proceeds». The charges have been made in a report, which is part of a 12-page FIR filed by Chhattisgarh Police against Baghel and 20 others. Last month, the state's economic offences wing filed an FIR against 20 accused under various sections of the Indian Penal Code in the alleged ₹5,500 crore Mahadev app case. «Baghel has been named by the promoters of Mahadev Online Book to be the beneficiary of betting funds. It has also been revealed by Chandrabhushan Verma (arrested ASI) that his OSD and political advisor were being paid proceeds out of Mahadev Online Book,» as per the FIR based on ED's probe.
02.04 / 19:01
Waters
Food
Death
War
reports
Headlines
International
Israel-Hamas war has led to destruction of critical infrastructure worth $18.5 billion in Gaza: World Bank
Israel-Hamas war: The rising death toll in Gaza has captured all the headlines since the Israel-Hamas war began in October 2023. With more than 32,000 people dead, mostly innocent women and children, the international agencies have termed the war catastrophic for the Palestinians in Gaza.
02.04 / 19:01
Ball
Justice
country
social
reports
Courts
We need judicial system reforms to ensure swift disposal of cases
₹10,000 for the first adjournment sought by a disputant and double that sum for every subsequent one. Why do lawyers seek more than three adjournments and courts grant these in spite of the fact that it is irregular? Many lawyers, especially senior ones, have many briefs on their hands, and when conflicting timings of case hearings arise in different courts, their juniors are asked to seek fresh dates. Most often, judges oblige.
02.04 / 17:03
02.04 / 16:59
markets
UPS
Target
economy
show
reports
Department
US job openings rise modestly to 8.8 million in February in strong labor market
U.S. job openings barely changed in February, staying at historically high levels in a sign that the American job market remains strong
02.04 / 16:29
Action
wellness
show
dance
stars
reports
‘Pushpa 2’ new poster out: Allu Arjun dons an androgynous avatar; pics of star wearing nail polish and jewellery go viral
Pushpa 2: The Rule’, the much-awaited sequel to the 2021 Telugu blockbuster ‘Pushpa; The Rise’ starring ‘Stylish Star’ Allu Arjun now has a release date! The movie will be released all across the nation on August 15. The official X handle of the action drama dropped a poster of the sequel, and wrote, “Let the #PushpaMassJaathara begin #Pushpa2TheRuleTeaser out on April 8th. He is coming with double the fire #Pushpa2TheRule Grand Release Worldwide on 15th AUG 2024,” the caption of the poster read..”. The picture showed Pushpa’s foot adorned with a payal, striking a dance pose. The foot is surrounded by vermilion or sindoor. Needless to say, the post became viral on the microblogging site, gaining more than 91K views and 8.6K likes.
02.04 / 16:29
awards
Boxing
film
audience
MGM
stars
reports
'Mercy': See what we know about sci-fi thriller’s release date, cast, storyline, production and more
Kali Reis, known for her role in True Detective and her boxing prowess, is set to star in Amazon MGM Studios' upcoming sci-fi thriller Mercy alongside Chris Pratt, Rebecca Ferguson, and Annabelle Wallis. Directed by Timur Bekmambetov, the film is slated for an August 15, 2025 release, a Deadline report said.
02.04 / 16:25
Blockchain
Digital
crypto regulation
Bitcoin
country
reports
regulatory
Singapore’s MAS Expands Regulatory Oversight to Include Crypto Custody and Fund Transfer Firms
Singapore has taken steps to expand its crypto regulations by including the custody of tokens and firms involved in fund transfers.
02.04 / 16:25
Blockchain
Binance
CEO
crypto regulation
Experts
reports
Schools
Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal Troubles
Binance has named a board of directors for the first time in an effort to reshape its image following last year’s guilty plea to US charges of anti-money laundering and sanctions violations.
02.04 / 16:25
security
community
Terraform Labs
information
reports
Courts
Former Terraform Employee Admits Writing False Posts From Kwon Made Him ‘Angry’
In a series of ongoing court trials linked to Terraform Labs’ fraud claims tied to the 2022 implosion of its TerraUSD stablecoin, one former employee testifies how working with Terraform was rife with pitfalls.
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