Reports Financial News
15.01 / 13:25
UPS
Waters
Southern
reports
Tropical Cyclone Belal hits the French island of Reunion. Nearby Mauritius is also on high alert
A tropical cyclone has hit the French island of Reunion in the Indian Ocean, bringing intense rains and powerful winds and leaving about a quarter of the households without electricity and tens of thousands of homes suffering water cuts
15.01 / 13:25
15.01 / 13:25
Experts
information
reports
International
Financial
Jio Financial Services Q3 Results: Consolidated PAT slumps 56% QoQ to Rs 294 crore, revenue drops 32%
Jio Financial Services on Monday reported a 56% sequential fall in consolidated net profit for the quarter ended December 2023 to Rs 294 crore. Consolidated revenue from operations fell nearly 32% from the previous quarter to Rs 413.61 crore. Total expenses for the December quarter were Rs 98.95 crore compared with Rs 71.43 crore in the September quarter. The total tax outgo for the quarter was Rs 88 crore compared to Rs 86.3 crore in the preceding quarter. The consolidated earnings of Jio Financial include that of its subsidiaries, associates, and joint ventures.
15.01 / 13:25
Align
Election
community
President
country
reports
International
Taiwan president-elect Lai Ching-te has steered the island toward democracy and away from China
Lai Ching-te is Taiwan’s president-elect who has vowed to safeguard the Asian island’s de-facto independence from China and further align it with other democracies
15.01 / 13:25
COST
Provident
Manufacturing
Gap
country
reports
Equality
India gets Rs 16.93 lakh cr investment in power, RE since 2014, Rs 17.05 lakh cr in pipeline
renewable energy sector, which has attracted around 16.93 lakh crore of investment since 2014, Union minister R K Singh said on Monday. As much as 80 GW of thermal power generation capacity is under construction which we will have by 2030, Singh told reporters, adding that about 99 GW of renewable energy is under construction, at present. Briefing reporters on new rules called Electricity (Amendment) Rules 2024, Singh said that as much as Rs 16.93 lakh crore has been invested in power and renewable energy sectors so far.
15.01 / 12:23
Provident
Highways
country
electronic
reports
guidelines
Updates
FASTags with incomplete KYC to get deactivated by banks after Jan 31: Govt
KYC will get deactivated or blacklisted by banks post-January 31, the Ministry of Road Transport and Highways said on Monday. To enhance the efficiency of the electronic toll collection system and provide seamless movement at the toll plazas, National Highways Authority of India (NHAI) has taken the 'One Vehicle, One FASTag' initiative, which aims to discourage using a single FASTag for multiple vehicles or linking multiple FASTags to a particular vehicle. NHAI is also encouraging FASTag users to complete the 'Know Your Customer' (KYC) process of their latest FASTag by updating KYC as per RBI guidelines. To avoid inconvenience, users must ensure that the KYC of their latest FASTag is complete.
15.01 / 11:53
UPS
Progressive
Photos
reports
Features
Updates
Samsung Galaxy Unpacked event 2024: Date, time and everything expected
Samsung Galaxy Unpacked event. Certainly, the spotlight of the event is expected to be on the Samsung Galaxy S24 Ultra, positioned as Samsung's flagship for the year 2024. Insights from leaks and speculations outline its notable characteristics, including a level 6.8-inch screen boasting an impressive peak brightness exceeding 2,500 nits, titanium edges for a luxurious touch, and a design progression that upholds the sophistication of its forerunner.
15.01 / 11:53
markets
Analysis
Sustainability
trends
reports
Charting the rapid rise of India’s affluent class
₹8.3 lakh) or more—has grown nearly 12 times faster than the overall population in four years starting 2019-20, according to a Goldman Sachs report released last week. The report estimated that the number of such individuals will top 100 million in just three years’ time if the pace of growth seen in the last four years sustains (the current number is estimated at around 60 million).
15.01 / 11:49
Blockchain
Digital
Web3
Trade
reports
Interviews
regulatory
Web3 in Africa: Regulatory Challenges Impede Potential Transformation
As Africa‘s Web3 landscape gains momentum, it faces significant regulatory hurdles that threaten to stifle its transformative potential.
15.01 / 11:25
15.01 / 11:25
UPS
FIVE
trends
Celebrity
show
reports
Commentary
DMart’s recovery path is turning weary for investors
₹40,101 DMart achieved in Q3FY20," said analysts from Nuvama Institutional Equities. DMart added five new stores last quarter taking the total count to 341 with a retail business area of 14.19 million square feet. For the nine-month ended December, 17 stores were added vis-à-vis 22 in the same period last year.
15.01 / 11:25
COST
security
reports
rights
Sodium batteries offer an alternative to tricky lithium
restricted chip-industry exports to China. Fortunately, lithium is not the only game in town. As we report this week, a clutch of firms are making batteries based on sodium, lithium’s elemental cousin.
15.01 / 11:25
War
performer
reports
Courts
Sena Vs Sena: Uddhav Thackeray faction moves SC against Maharashtra Speaker's verdict on disqualification plea
PTI reported. In his verdict last week, Maharashtra Assembly Speaker Rahul Narwekar had rejected the disqualification petitions filed by both the camps. He also ruled that the faction led by Shinde was the "real Shiv Sena political party when rival factions emerged on 21st June 2022".
15.01 / 11:25
markets
Provident
security
Sustainability
Trade
performer
reports
Broking industry likely to achieve all-time high revenues and net profits in FY24: ICRA
₹51,000 crore on December 28, 2023. The participation of retail investors also remained strong in the futures & options segment, driven by the launch of new index options, miniaturization of contracts/lot sizes, and separate weekly expiries for each index option, said ICRA.
15.01 / 10:45
markets
economy
wellness
Trade
show
reports
testing
U.S. stock markets closed, WEF Davos set to begin - what's moving markets
Investing.com -- U.S. stock markets will be closed on Monday for a federal holiday following a muted session to end the prior week in the wake of a fresh slate of bank earnings. More Wall Street lenders are due to report results on Tuesday. Elsewhere, the World Economic Forum in Davos is set to begin, as a survey of top economists shows that the outlook for global growth this year is «subdued.»
15.01 / 10:29
markets
Digital
Tether
stablecoins
Fidelity
Trade
reports
Rate Cut
Federal Reserve’s Rate Cut Could Spark Institutional Interest in DeFi and Stablecoins, Fidelity Predicts
The United States Federal Reserve’s potential interest rate cut could reignite major institutional interest in decentralized finance (DeFi) and stablecoins, according to asset manager Fidelity.
15.01 / 10:29
15.01 / 10:29
Blockchain
Ripple
XRP
Bitfinex
track
reports
Attack on Bitfinex Exchange Involving $15 Billion XRP Transaction Failed: Paolo Ardoino
A transaction involving nearly $15 billion worth of XRP from an unknown wallet to the Bitfinex exchange as part of a “partial payments exploit” has failed.
15.01 / 09:31
markets
trends
Trade
performer
country
reports
record high
TVS Motor enters ₹1 lakh crore market cap club as shares hit fresh record high
TVS Motor, one of the country's leading two-wheeler makers, surpassed the ₹one lakh crore market capitalisation in today's trade as its shares hit a new peak of ₹2,108.95 apiece. Over the past year, the company's market capitalisation has surged by ₹53,000 crore. Also Read: Nifty 50 advances for 5th straight session, crosses 22,000 mark for first time; Wipro, Infosys, TCS among major gainers The company's shares have been performing exceptionally well on Dalal Street.
15.01 / 09:31
Reuters
Cooper
Election
Myanmar
country
reports
Ethnic armed group seizes key town in Myanmar's Rakhine state bordering India, Bangladesh
Myanmar's Rakhine state, has declared control over the port town of Paletwa, situated on the Kaladan River, sharing borders with India and Bangladesh, as per a Reuters report. This development marks another setback for the military government in its struggle against multiple rebellions across the nation. Myanmar is currently grappling with a widespread insurgency, where anti-junta groups, supported by a pro-democracy parallel government, have successfully taken over various military posts and towns.
15.01 / 09:31
Align
Remark
community
reports
Features
rights
Videos
Samsung Galaxy Unpacked event: Leaked video hints at S24 Ultra design with flat display and thin bezels
Galaxy S24 Ultra. The video showcases a flat display with a centered hole-punch cutout for the front camera, surrounded by remarkably thin bezels. The right edge of the handset features the power button and volume rockers.
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