Reports Financial News
18.02 / 19:25
markets
COST
Digital
CEO
Election
reports
Strong outlook: Indian print media industry is poised to record robust growth in 2024
print media industry is poised to record robust growth in 2024, with advertising revenues projected to return to pre-pandemic levels and profit margins improving amid softening of newsprint prices. According to the Pitch Madison Advertising Report 2024, print advertising revenue is anticipated to rise by 7%, reaching ₹20,613 crore this year, surpassing pre-Covid figures in 2019. The report predicted a 12% increase in total advertising expenditure to ₹1.11 lakh crore. It also noted a consistent increase in print advertising revenue, from ₹16,595 crore in 2021 to ₹18,470 crore in 2022 and ₹19,250 crore in 2023. Newsprint prices, a significant factor in direct variable costs for print media companies, have decreased from over ₹80,000 per metric tonne post-Covid to about ₹50,000 per metric tonne.
18.02 / 18:19
UPS
security
Southern
show
reports
French recycling plant on fire housing 900 tonnes of lithium batteries
PARIS (Reuters) — Some 900 tonnes of lithium batteries were on fire at a battery recycling plant in southern France, authorities said on Sunday, sending a cloud of thick black smoke into the sky above the site.
18.02 / 18:19
markets
UPS
Provident
ETF
DOW
WMT
reports
1 Stock to Buy, 1 Stock to Sell This Week: Home Depot, Walmart
Stocks on Wall Street closed lower on Friday to break their five-week winning streak as investors digested a hotter-than-expected producer price inflation report that added to fears the Federal Reserve is unlikely to cut interest rates anytime soon.
18.02 / 18:19
markets
UPS
Reuters
Manufacturing
President
reports
Biden administration to relax EV rule on tailpipe emissions, NYT reports
WASHINGTON (Reuters) -U.S. President Joe Biden's administration intends to relax limits on tailpipe emissions that are designed to get Americans to move from gas-powered cars to electric vehicles, the New York Times reported, citing people familiar with the plan.
18.02 / 18:19
markets
COST
Reuters
economy
NVIDIA
wellness
reports
Top 5 things to watch in markets in the week ahead
Investing.com — In the holiday shortened week ahead investors will be looking to the latest Federal Reserve minutes for any new insights on the direction of monetary policy. Earnings from chipmaker Nvidia (NASDAQ:NVDA) will be a critical test of the artificial intelligence fever that has helped power gains for U.S. stocks in recent months. Walmart (NYSE:WMT) kicks off earnings from the biggest U.S. retailers, Chinese markets return, and PMI data will shed light on the strength of the global economy. Here’s what you need to know to start your week.
18.02 / 18:19
18.02 / 17:49
Citi
Election
country
reports
Investigations
Pakistan EC delays notifying results for most PTI-backed independents; party seeks judicial probe over rigging claims
National Assembly seats in the general elections has raised concerns among their voters and stakeholders amid political wrangling over a numbers game for the formation of a new government in the Centre, English daily Dawn reported on Sunday. The report said, over 101 independent candidates — most of them backed by Pakistan Tehreek-e-Insaf (PTI) — have won National Assembly seats, citing unofficial results.
18.02 / 17:49
UPS
Manufacturing
security
cover
reports
India's oldest DFI is sick. A new prescription is on way
₹500 crore capital into IFCI in the second half of FY25—even though the Union budget of 2024-25 has not made any allocation—to reduce its debt and strengthen its financials, thereby easing the burden on any other entity or strategic investor involved in its restructuring. IFCI shares closed 4.58% higher at ₹54.57 on the BSE on Friday. Set up in 1948 as a development financial institution, IFCI was later turned into a non-banking finance company (NBFC).
18.02 / 17:49
Software
wellness
information
reports
Courts
Investigations
Kerala serious fraud probe has 'broad scope'
₹135 crore were “made to influential persons, state government functionaries, government servants, media houses etc…" the person said, quoting from the order. The broad scope of the investigation has not previously been reported. P.
18.02 / 17:49
COST
UPS
Analysis
economy
country
reports
Interviews
Why Chinese steel is keeping Indian companies on the edge
₹57,900 per tonne in September, fell to just over ₹54,000 in February, as per data from SteelMint. “Our retail sector sales dropped because of higher imports from China and FTA countries in the last quarter," Jayant Acharya, joint managing director of JSW Steel said in a recent interview. “Our imports rose by 16% and our exports fell by 16%, and that impacted basic sentiments and retail." The Ebitda margin of JSW Steel contracted nearly 57 basis points sequentially during the December quarter to 17.1% as per Mint’s analysis.
18.02 / 17:49
MET
Aware
President
reports
International
What's happening in Jharkhand? CM Champai Soren meets Mallikarjun Kharge amid buzz about 'unhappy' Congress MLAs
Here's all you need to know about the latest developments in Jharkhand. As many as 12 MLAs of the Congress reportedly threatened to boycott the upcoming state assembly session from February 23 and head to Jaipur if four ministers are not replaced with new faces. They were unhappy with the Congress' decision to give ministerial berths to Alamgir Alam, Rameshwar Oraon, Banna Gupta and Badal Patralekh again, PTI reported. The disgruntled section of Congress legislators went into a huddle Saturday at a Ranchi hotel.
18.02 / 16:43
UPS
MET
Waters
reports
Videos
Red alert for rain, snow issued in Himachal for February 19
red alert for heavy to very heavy rain and snow, and thunderstorms accompanied by hail, lightning and gusty winds reaching speeds of up to 50 kilometres per hour has been issued in seven of Himachal Pradesh's 12 districts for Monday. The Met office on Sunday sounded a red alert for Chamba, Kangra, Kullu, Mandi, Lahaul and Spiti, Kinnaur and Shimla districts. It has also cautioned that essential services such as electricity and water supply and communication may be affected. A western disturbance has affected the western Himalayan region from Saturday, with snow being recorded in the higher reaches of Kullu-Manali and Lahaul and Spiti, according to reports.
18.02 / 16:43
UPS
Citi
Waters
Metro
reports
Traffic
Karnataka govt mulls building flyovers on metro lines to decongest Bengaluru: Dy CM Shivakumar
Karnataka Deputy Chief Minister D K Shivakumar on Sunday said that the state government was considering building flyovers along certain stretches of metro lines to decongest Bengaluru city. Speaking at the mass grievance redressal 'Government at Your Doorstep' at Jnanabharathi, he said, «It has been decided to build flyovers on certain stretches of metro lines to decongest the traffic. A proposal has been sent to the Centre regarding this.» «The Chief Minister announced many projects in the Budget to develop Bengaluru. The BBMP Budget will be presented soon and it will complement the projects announced in the State budget. We are preparing a feasibility report for tunnel roads near Yeshwanthpura, Sumanahalli, Goraguntepalya, etc.»
18.02 / 16:43
Remark
Refugees
President
War
reports
rights
Israel incensed after Brazil's Lula likens Gaza war to Holocaust
Israel accused Brazilian President Luiz Inacio Lula da Silva of trivialising the Holocaust and causing offence to the Jewish people on Sunday after he likened the Israeli war against Hamas militants in Gaza to the Nazi genocide during World War Two. «What is happening in the Gaza Strip with the Palestinian people has no parallel in other historical moments. In fact, it did exist when Hitler decided to kill the Jews,» Lula told reporters during the 37th African Union Summit in Addis Ababa.
18.02 / 16:43
Citi
Election
Justice
voice
reports
Imran Khan's party demands judicial probe into alleged rigging; No consensus yet on power-sharing formula
Pakistan prime minister Imran Khan's party on Sunday demanded a judicial probe into growing allegations of vote rigging even as two major political parties failed to reach a power-sharing formula to form a coalition government. Though independent candidates backed by Khan's Pakistan Tehreek-e-Insaf (PTI) party won the maximum number of seats in Parliament, the Pakistan Muslim League-Nawaz (PMLN) and the Pakistan Peoples Party (PPP) — have announced that they will form a coalition government after the February 8 elections resulted in a hung Parliament. The post-poll alliance by the PML-N and the PPP could mean that PTI will not be able to form the next federal government, prompting Khan's party to allege that the two rival parties were trying to steal the people's mandate with the help of the powerful establishment.
18.02 / 15:45
Extreme
Highways
Death
consequences
reports
Courts
Traffic
Truck driver who concealed PTSD, Type 2 diabetes found guilty of causing deadly crash
A former truck driver responsible for a fiery crash that killed four people on Highway 440 in Laval back in 2019 has been found guilty of criminal negligence causing death.A Quebec Superior Court judge said that 57-year-old Jagmeet Grewal demonstrated a clear pattern of disregard for the life and safety of others, and that he should have never even been at the wheel of a 53-foot-truck in the first place.Reading out her decision in front of Grewal, victims and their families, Judge Yanick Laramée said the driver was not paying attention at the wheel of his tractor trailer on the afternoon of Aug. 5, 2019.
18.02 / 15:35
Apple
Marvell
film
Universities
social
stars
reports
play
'Superman' Henry Cavill to play key role in Marvel movie? What we know so far
Henry Cavill, known for his 'Superman' role in DC film «Man of Steel», is likely to be part of Marvel Studios' new venture, as per reports. Dexerto reported quoting a scoop social media account, 40-year-old Cavill has 'accepted' an offer. The development has led to speculations among fans and a number of potential roles have emerged. These are — Captain Britain, X-Men's Cyclops, Sentry, and Doctor Doom.
18.02 / 15:35
economy
wellness
trends
show
country
reports
Foreign direct investment into China slumps to worst in 30 years
Foreign businesses’ direct investment into China last year increased by the lowest amount since the early 1990s, underscoring challenges for the nation as Beijing seeks more overseas investment to help its economy. China’s direct investment liabilities in its balance of payments rose by $33 billion last year, 82% down on 2022, according to data from the State Administration of Foreign Exchange released Sunday. That measure of new foreign investment into the country — which records monetary flows connected to foreign-owned entities in China — slumped to the lowest level since 1993.
18.02 / 15:35
MET
security
wellness
stage
reports
recommendations
SKM to gherao residences of Punjab BJP leaders to press Centre into accepting farmers' demands
Samyukta Kisan Morcha will gherao the residences of BJP leaders in Punjab for three days from Tuesday to press the Centre into accepting the farmers' demands including a legal guarantee to minimum support price on crops, a leader of the outfit has said. Several farmer outfits, which are part of the Samyukta Kisan Morcha (SKM), have extended their support to the "Delhi Chalo" call given by SKM (Non-political) and Kisan Mazdoor Morcha. The march was stopped by security forces at Shambhu and Khanauri points on Punjab's border with Haryana which led to clashes. Protesting farmers have stayed put at Shambhu and Khanauri for the sixth day after their march to the national capital was halted. A group of Union ministers and farmer leaders will hold a fresh round of talks with farm leaders on Sunday evening in Chandigarh. The two sides met on February 8, 12 and 15 as well but those talks remained inconclusive.
18.02 / 15:35
UPS
wellness
show
stars
reports
testing
Rohit relishes India's big Test win with 'young team'
India skipper Rohit Sharma on Sunday said winning a Test with a huge margin over England was «quite satisfying» after youngsters stood up to deliver in the absence of frontline players. The hosts hammered England by 434 runs in Rajkot on day four for their biggest-ever Test victory to lead the five-match series 2-1. Yashasvi Jaiswal hit an unbeaten 214 and put on a marathon 172-run stand with debutant Sarfaraz Khan, 68 not out, to set up the dominant win.
18.02 / 15:35
Provident
President
performer
Inside
social
reports
Madhya Pradesh: Kamal Nath to stay in Congress, confirms state party chief Jitendra Patwari
Madhya Pradesh Congress chief Jitendra Patwari on Sunday dismissed the reports of former chief minister Kamal Nath switching to BJP. «Once again, it was shown how BJP misuses the media to question the faith of anyone. I have talked to Kamal Nath, and he told me that all these speculations are just conspiracies, and he is, was, and will be a Congress leader,” he said.
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