Reports Financial News
13.01 / 04:41
markets
Sustainability
Food
2020
reports
travelers
International
India's 'Affluent' class to reach 100 million in three years, will boost premium goods sales
economic growth, a stable monetary policy, and high credit growth over the past decade have boosted the purchasing power of high-earning Indians. It adds that 60 million people or 4.1 percent of the population now earn over $10,000 per annum, compared to 24 million in 2015. To be sure, however, this is a small percentage of the overall population.
13.01 / 04:41
BLOCK
Election
trends
show
stage
reports
China's Weibo blocks trending hashtag on ‘Taiwan election’ amid voting
Taiwan presidential election after it became one of the site's top-trending topics following polls opening on the self-ruled island, AFP reported. When the hashtag ‘Taiwan election’ was searched for at around 9.45 am local time, a notice on the website showed, "In accordance with relevant laws, regulations, and policies, the content of this topic is not displayed," a notice on the website showed when the hashtag." Millions of Taiwanese are voting in a presidential election following threats from China that choosing the wrong leader could set the stage for war on the self-ruled island.
13.01 / 04:41
show
reports
Courts
Donald Trump to pay $400,000 in legal charges to The New York Times and its reporters
AP. While referring to a New York law that bars baseless lawsuits designed to silence critics, Times spokesperson Danielle Rhoads Ha said, “Today's decision shows that the state's newly amended anti-SLAPP statute can be a powerful force for protecting press freedom," reported AP.
13.01 / 04:41
Platform
Remark
show
social
reports
shock
Videos
‘Crime to be Hindu’: BJP's Amit Malviya condemns ‘assault’ on sadhus in Bengal's Gangasagar Mela
Amit Malviya had remarked “it is a crime to be Hindu in West Bengal", after a video emerged on social media platforms showing a group of sadhus (ascetics) purportedly stripped and assaulted by a mob in the Purulia district. Amit Malviya lashed out at the ruling Trinamool Congress (TMC) government helmed by West Bengal chief minister Mamata Banerjee for the “absolutely shocking incident". "Absolutely shocking incident reported from Purulia in West Bengal.
13.01 / 03:57
COST
DOW
Food
show
reports
end
inflation data
US stocks end little changed as earnings offset inflation data
bank earnings offset cooler-than-expected inflation news that buoyed hopes for interest-rate cuts from the Federal Reserve. On Friday, data showed U.S. producer prices unexpectedly fell in December as the cost of goods such as food and diesel fuel declined, while prices for services were unchanged for a third consecutive month, in contrast to Thursday's hotter-than-expected consumer inflation reading. Expectations for a rate cut of at least 25 basis points by the Fed in March moved up to 79.5%, according to CME's FedWatch Tool, from 73.2% in the prior session.
13.01 / 03:57
markets
UPS
economy
Matthews
performer
reports
week
Wall Street Week Ahead: Red Sea tensions put focus on struggling U.S. energy stocks
struggling group. The energy sector has slumped nearly 3% since late October, a period during which the S&P 500 has surged 16%. The benchmark index rose 24% for all of 2023, while energy fell 4.8%, the second-largest drop last year among S&P 500 sectors. The sector's struggles have continued even as other economically sensitive groups such as banks and small-cap stocks have benefited from investors' growing belief that the economy will be able to navigate a «soft landing» where growth remains stable while inflation subsides. One key reason for the sector's underperformance has been a sharp downturn in oil prices.
13.01 / 03:57
markets
UPS
information
reports
Commentary
NOT
IT's not so bad: Dalal Street indices soar to fresh highs
information technology shares as investors judged the third-quarter earnings of sector leaders-TCS and Infosys-weren't as adverse as expected. The optimism inspired markets to overlook the escalating tensions in the Red Sea, which caused a jump in oil prices to $80 a barrel, and a hotter US consumer inflation report in December. The BSE Sensex gained 847.27 points, or 1.2%, to close at 72,568.45, off the record high of 72,720.96.
13.01 / 03:57
Target
Trade
President
War
reports
US warns ships to stay out of parts of Red Sea as Houthi rebels vow retaliation for US, UK strikes
U.S. Navy on Friday warned American-flagged vessels to steer clear of areas around Yemen in the Red Sea and the Gulf of Aden for the next 72 hours after the U.S. and Britain launched multiple airstrikes targeting Houthi rebels. The warning in a notice to shippers came as Yemen's Houthis vowed fierce retaliation for the U.S.-led strikes, further raising the prospect of a wider conflict in a region already beset by Israel's war in Gaza. U.S.
13.01 / 03:57
Target
FIVE
President
War
reports
US military strikes another Houthi-controlled site after warning ships to avoid parts of Red Sea
Yemen that they have determined was putting commercial vessels in the Red Sea at risk. That's according to two U.S. officials who spoke anonymously to The Associated Press to discuss an operation that hadn't yet been publicly announced.
13.01 / 03:21
13.01 / 03:05
UPS
security
Experts
information
reports
Updates
2024
Avenue Supermarts Q3 results 2024: DMart may report rise in revenue, PAT on operating profit growth
Avenue Supermarts Q3 results today: The company results season for the third quarter of the financial year 2023-24 kickstarted on 11th January 2024. After the announcement of Q3 results 2024 by companies like Infosys, Tata Consultancy Services (TCS), Wipro, HCL Technologies, HDFC AMC, HDFC Life, Anand Rathi, JTL Industries, etc, Avenue Supermarts Ltd, which is doing business as DMart, is going to declare its Q3 results today.
13.01 / 03:05
Booking
Williams
Extreme
Universities
rock
reports
Relationships
Prince Harry reveals secret code with Prince William in tell-all memoir Spare: Report
Meghan Markle’s memoir likely to put spotlight on Royal family members: Report The relationship of Harry with William and his wife Kate Middleton hit rock bottom that day. Prince Harry and his wife Meghan Markle were leaving the Royal Family as working family members. Kate Middleton can’t trust Harry-Meghan anymore In the book Spare, Harry penned, "He'd used the secret code".
13.01 / 02:17
13.01 / 01:15
UPS
Target
security
War
show
reports
Biden warns of more strikes on Yemen's Houthis if Red Sea attacks persist
Yemen's Houthi forces if they keep up their attacks on shipping in the Red Sea despite dozens of U.S. and British air strikes on the Iran-backed group's facilities. Intensifying concerns about a widening regional conflict, U.S.
13.01 / 01:15
CEO
Software
Research
trends
country
reports
Schools
Q3 results: HCLTech bucks trend, Wipro's woes continue
HCLTech, India's third-largest software exporter, bucked the prevailing trend of tepid growth in the $245-billion IT services industry to post better-than-expected numbers in the third quarter of the current financial year. Its net profit rose 6.2% on year to Rs 4,350 crore for the October-December 2023 period, while revenues rose 6.5% to Rs 28,446 crore. Meanwhile, Wipro — the fourth in the quartet of India's top IT firms — reported a steep 12% year-on-year fall in profits and a 4.4% dip in revenue in what is traditionally viewed as a slow quarter for the technology industry.
13.01 / 01:15
Provident
Digital
Google
Platform
information
reports
Schools
ET Explainer: OpenAI’s response to NYT’s copyright lawsuit
ChatGPT developer OpenAI issued a blog post responding to allegations levelled by the New York Times in a lawsuit filed last month. The news organisation had accused OpenAI of «wide-scale copying» and using millions of articles published by it for training chatbots. OpenAI has refuted some of these allegations and claimed that the fair use doctrine of copyright laws will apply in its case. ET explains the case and its ramifications.
13.01 / 01:15
Death
film
War
show
audience
dance
reports
House of the Dragon season 2 release date, cast, and other details
The prequel show which is based on Fire and Blood by George R.R Martin, narrates the story of House Targaryen 172 years before Daenerys Targaryen's birth and the Mad King's death in season one, which puts a focus on the civil war in Targaryen becoming known as the Dance of the Dragons.
13.01 / 01:15
Target
Digital
Software
performer
cover
reports
Schools
fall
Top four IT firms report 50,000 fall in headcount over last year
IT companies have reported a combined headcount drop of 50,875 at the end of the fiscal third quarter from a year earlier. Over the year, the headcount at India’s largest software services firm, TCS, dropped by 10,669. Infosys reported a 24,182 reduction, while Wipro posted a 18,510 fall. At HCLTech, the number increased by 2,486.
13.01 / 01:11
markets
COST
Citi
Google
CEO
Citigroup
reports
Q4
Slash
Citigroup plans to slash 20,000 jobs over next two years due to ‘disappointing’ Q4 results
Discord announces workforce reduction of 17%, will layoff 170 employees During the last week of January, Citi is likely to announce more organisational changes. "Efforts to simplify its structure will be largely completed this quarter, saving $1 billion and eliminating about 5,000 mostly managerial roles," CEO Jane Fraser said. The job cuts could cost as much as $1.8 billion, Citigroup said but will save $2.5 billion a year by 2026.
13.01 / 00:27
Citi
Manufacturing
economy
Election
President
hospital
reports
Biden confident in Pentagon's Austin despite judgment lapse
By Nandita Bose and Trevor Hunnicutt
12.01 / 23:19
ETF
Platform
security
wellness
Trade
Bitcoin
reports
Wells Fargo Advisors to sell new bitcoin ETFs
Wells Fargo Advisors, with close to 12,000 financial advisors across various business channels, said Friday that it was selling new spot bitcoin exchange-traded funds, but only when a customer asked for the security in a non-solicited trade or without any prompting from a salesperson.
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