Reports Financial News
26.02 / 20:18
COST
Aware
Healthcare
reports
patient
medicines
Hope to lower OOPE on healthcare front
out-of-pocket expenditure (OOPE) on healthcare has been a significant worry for Indians. According to a 2022 WHO report, high OOPE on health impoverishes some 55 million Indians annually, with over 17% households incurring catastrophic levels of health expenditures every year. This high cost has serious cascading impacts, reveals a new Aiims report.
26.02 / 20:17
Volkswagen
Software
Highways
Golf
2020
reports
Traffic
Toyota, Honda, Mercedes-Benz, Ford, Volkswagen recall cars. Here are reasons
Toyota and Honda vehicles and 150,000 Ford vehicles in the US. The notice has been issued by the National Highway Traffic Safety Administration. Mercedes-Benz has has also recalled thousands of SUVs in order to fix transmission software, as per a report in USA Today. While Ford vehicles have been called for seat belt issue and Honda, and Toyota vehicles were called for air bag issues, USA Today reported.
26.02 / 20:15
Provident
Citizens
Compilation
Election
trends
stage
reports
ET Graphics: The rise of young voters in India
voter list for the upcoming Lok Sabha elections is in its concluding stages. As of the first week of February, the compiled data indicates a total of 96.8 crore electors, as reported by Anubhuti Vishnoi. Notably, within this substantial voter base, 21.5 crore individuals fall under the age of 29. The comprehensive voter list is a crucial component in ensuring the democratic process, providing a foundation for the upcoming elections in India. OLDEST VOTERS
26.02 / 19:59
Citi
Reuters
CEO
JPMorgan
Citigroup
reports
International
Citi hires banking head from JPMorgan, prompting reshuffle of bosses
By Tatiana Bautzer and Nupur Anand
26.02 / 19:51
markets
UPS
security
Research
Trade
reports
Rate Cut
interest rate cut
Uncertainty over Bank of Canada interest rate cut dragging on Big Six, say analysts
Uncertainty over how long interest rates will remain elevated is posing a risk to growth and credit quality at Canada’s big banks, according to analysts who will be keeping an eye on those metrics when quarterly earnings are released this week.
26.02 / 19:25
WhatsApp
Food
Experts
poverty
reports
recommendations
After HCES, need new approach to define poverty line: Pronab Sen
new approach to define the poverty line, to determine how many people cannot afford basic services, in the light of new consumption estimates, former chief statistician of India, Pronab Sen told ET. «We have new estimates (after the release of the Household Consumption Expenditure Survey 2022-23 on Saturday), and questions of applicability of older poverty lines will be raised by many,» Sen said, noting the need to revise poverty calculations. In India, the methodology for calculating poverty estimates was last devised in 2014 by an expert group headed by former Reserve Bank of India governor C Rangarajan after experts had raised concerns regarding the poverty line constituted by the Suresh Tendulkar-led committee as being too low. However, the government has since moved away from income-based poverty lines and uses a multidimensional poverty index, which considers a wider range of parameters besides income. The Household Consumption Expenditure Survey (HCES) is expected to start the debate on whether older committee reports can be taken as a benchmark, Sen said. The Rangarajan committee had recommended poverty lines of monthly per-capita incomes of ₹972 in rural areas and ₹1,407 in urban areas for 2011-12. Sen also noted that new consumption estimates have surprised many as the share of food in the overall consumer basket has not declined significantly.
26.02 / 19:03
markets
Extreme
Research
reports
Any “bad” news could cause a 10% drop in this market - Sevens Market Research
Sevens Market Research believes any «bad» news in the current environment could cause a 10% drop in this market. The firm explained its view in its latest Sevens Report note on Monday.
26.02 / 18:16
Citi
Death
wellness
reports
medicines
Courts
Updates
Uzbek court sentences 23 over contaminated cough syrup deaths
Uzbekistan sentenced 23 people to prison terms on Monday over the deaths of 68 children linked to contaminated cough syrups produced by India's Marion Biotech, following a six-month-long trial. The Central Asian nation had previously reported 65 deaths linked to the medicines, but last month the prosecutors at the Tashkent city court updated the death toll and said two more people had been charged during the hearings.
26.02 / 18:16
Discover
Hallmark
show
voice
rapper
reports
The Voice Season 25: Check release timings across time zones and meet the new judges
The Voice Season 25, set to debut on Monday, February 26, 2024, unveils its premiere episode with a fierce competition as Dan + Shay claim their double chair. Joining the ranks of returning coaches Chance the Rapper, John Legend, and Reba McEntire, they embark on the quest to discover and mentor the next singing phenomenon. The blind auditions, a hallmark of the show, add a layer of suspense as participants vie for a coveted spot on their chosen coach's team.
26.02 / 17:45
markets
wellness
love
beautiful
reports
Equality
boating
What the hedonic treadmill does to your finances
₹50,000 per month, using smartphones worth more than ₹1 lakh. As an October 2023 article in the Mint reported: “In 2023, one-third of smartphone sales in India is projected to be financed, seeing a notable increase from 25% in 2022 and 18% in 2021." In fact, higher the price of the phone, more the chance that it has been bought on a loan: “Half of the sales of the premium segment (above ₹30,000) is expected to be from easy finance options." The fact that loans are easily available is one factor driving people to take them on. Even assuming that these loans are genuine zero interest loans, why do people still buy expensive phones on loans? Smartphones are ultimately depreciating assets.
26.02 / 17:45
markets
Provident
Experts
show
information
reports
Features
Mint Primer: How Trai's mandatory call ID will impact Truecaller
Mint decodes how such a move may affect telcos, and Truecaller: The Telecom Regulatory Authority of India (Trai) says telecom operators should adopt calling name presentation (CNAP). This feature will offer the single most important feature that Truecaller offers—the ability to recognize a caller’s name before receiving the call. Truecaller does this by utilizing cross-referenced contact information from its user- base, while Trai’s proposal for CNAP is to display the name with which a user or a business’ number is registered with a telco.
26.02 / 17:17
markets
COST
UPS
Inside
Enbridge
reports
mountaineering
The Trans Mountain pipeline expansion: Who wins, who loses and how did we get here?
The Trans Mountain pipeline expansion project may still be months away from completion, but industry insiders have already started speculating on how it will impact the oil sector, from a potential increase in the price of Canadian oil to the opening of new export markets.
26.02 / 17:17
26.02 / 17:17
markets
Provident
FIVE
Booking
Research
CIBC
reports
Canada's big banks report earnings this week: Here's what analysts are worried about
With most of Canada’s biggest banks exposed to the United States commercial-property market, the deteriorating quality of some real estate loans could lead to nasty surprises as lenders report fiscal first-quarter results this week.
26.02 / 17:11
UPS
MET
President
show
country
reports
Protesting farmers spray Brussels police with liquid manure near EU's base in a new display of power
Farmers have clashed with police in Belgium, spraying officers with liquid manure and throwing eggs and flares at them in a fresh show of force as the European Union’s agriculture ministers met in search of ways to address the protesters’ concerns
26.02 / 17:11
26.02 / 17:11
Twitter
Booking
CEO
love
cover
reports
Interviews
'Burn Book' torches tech titans in veteran reporter's tale of love and loathing in Silicon Valley
Technology is so pervasive and invasive that it’s polarizing people, producing feelings of love and loathing for its devices, online services and the would-be visionaries behind them
26.02 / 17:11
26.02 / 16:33
markets
Reuters
reports
Department
US new home sales miss expectations in January
WASHINGTON (Reuters) — Sales of new U.S. single-family homes rose less than expected in January, likely curbed by frigid weather, but demand for new construction remains underpinned by a persistent shortage of previously owned homes.
26.02 / 16:31
26.02 / 16:21
Fox
WhatsApp
reports
mountaineering
US weather forecast: Tornadoes predicted, 44 million under severe thunderstorms threat
Midwest and Great Lakes region face the possibility of large hail and tornadoes amid the severe weather threat, as per a Fox Weather report. A significant risk of severe thunderstorms looms over a vast area, encompassing more than 44 million individuals from the mid-Mississippi Valley to the southwestern Great Lakes. This threat is projected to persist from late Tuesday afternoon into the evening and overnight hours, as per the Fox Weather report.
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