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05.01 / 04:31
Aware security cover Inside reports travelers Courts Ayodhya Ram Temple consecration ceremony: Cops discuss alternative routes, security arrangements
PM Modi's 3rd straight term at Centre ‘almost an inevitability’: Report "Currently, people travel to Ayodhya through Kamta to Chinhat Matiyari via Barabanki. However, the usage of the alternative Sultanpur route is declining. Therefore, instructions have been issued to promote awareness of these alternative routes," Upendra Kumar Agarwal, Lucknow Joint Commissioner of Police said.
05.01 / 04:06
Provident Target Reuters economy reports rights Support India set to halve oil refiners' FY24 energy transition equity support
oil refiners' green energy projects, four government and industry sources said, as the federal government seeks to curb its fiscal deficit. Asia's third largest economy, facing an over 40% shortfall in collecting revenues from stake sales in state-run companies, is prioritising spending to try to limit its fiscal deficit to 5.9% of GDP for this fiscal year to the end of March. State-run Bharat Petroleum Corp and Hindustan Petroleum Corp aim to end net carbon emissions from their operations by 2040, and Indian Oil Corp has set a target for 2046. To help the companies reach the goals, 300 billion rupees ($3.61 billion) in equity support was announced in the budget for this fiscal year. But an industry and a government official said the funds will be provided in a staggered manner and the government will give 150-billion-rupee equity support in 2023/24. As the refiners' financial position is sound and they do not require 300 billion rupees for capex this year, the government has lowered the amount, one of the sources said. All the sources with direct knowledge of the matter spoke on condition of anonymity because the details have yet to be approved by the federal cabinet. India's oil ministry, the finance ministry and oil companies did not respond to Reuters' emails seeking comments. Two industry sources said BPCL and IOC will halve the size of their planned rights issues to 90 billion rupees and 110 billion rupees, respectively. The refiners do not need funds immediately for energy transition projects, and their capex will only increase significantly after two-to-three years, one of the two industry sources said. A second government source said Oil and Natural Gas Corp, the parent firm of HPCL, will enhance
05.01 / 04:05
UPS Entertainment security Enterprise Trade Experts reports F&O Ban List: GNFC, Escorts Kubota among 11 stocks under trade ban on Friday
stocks are under the F&O ban list on Friday, January 5 viz. Balrampur Chini, Chambal Fertilizers, Delta Corp, Escorts Kubota, Gujarat Narmada Valley Fertilizers (GNFC), Hindustan Copper, Indian Energy Exchange (IEX), The India Cements, National Aluminium Company, Steel Authority of India (SAIL) and Zee Entertainment Enterprises (ZEEL). The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL.
05.01 / 04:04
markets Manufacturing Analysis economy Sustainability reports shock 2024 Indian economy outperforming peers, projected to grow at 6.2 per cent in 2024: UN
growth in the manufacturing and services sectors, the United Nations has said. The UN World Economic Situation and Prospects (WESP) 2024 report, launched here on Thursday, said that gross domestic product in South Asia is projected to increase by 5.2 per cent in 2024, driven by a robust expansion in India, which remains the fastest-growing large economy in the world.
05.01 / 03:48
Man Parke Police reports South Korean Police Arrest Suspected OTC Crypto Thief
South Korean police have arrested a man they suspect of stealing cash as part of a bogus over-the-counter (OTC) crypto exchange.
05.01 / 02:44
UPS DOW show Allstate reports S&P, Nasdaq extend year-start skid to three; Dow higher on financials
jobs data. For the S&P 500, this is the worst start to a year since it began 2015 with a three-session skid, as tech-focused investors continued to take profits after a blistering rally in the final weeks of last year. Bets that the Federal Reserve could start reducing rates this year had driven much of the gains toward the end of 2023, though the latest minutes from the central bank's December policy meeting did not offer many clues on when the easing might commence. A tick-up in yields on longer-dated U.S. Treasuries — the benchmark 10-year note ended at 4% — prompted traders to move away from growth stocks toward other sectors. Financials was one of the few gainers among the S&P 500 sectors, underpinned by Allstate, which rose 2.4% to close at an all-time high after Morgan Stanley lifted its rating on the insurer to «overweight.» Other insurers also rose, including Hartford Financial Services Group, which gained 0.7% to its highest finish since 2008. Banks were strong performers ahead of the start of earnings season next week.
05.01 / 02:42
markets UPS show track reports fall Weekly Gold heads for first weekly fall in four as rate-cut hopes fade
Gold prices were on track for their first weekly fall in four on Friday, as waning expectations of an early interest rate cut in the U.S. boosted the dollar, while investors focussed on a key employment report due later in the day for more rate clues. FUNDAMENTALS * Spot gold was up 0.1% at $2,054.10 per ounce, as of 0156 GMT.
05.01 / 02:20
UPS country reports rights International Stocks to Watch: Grasim, SBI, Dabur India, L&T Finance, Lupin, RBL Bank
Grasim Industries: Has set the price for its ₹4,000 crore rights issue at ₹1,812 per share. The rights issue will be open for subscription between 17 January and 29 January, and the record date has been fixed as 10 January. The company plans to issue up to 2.2 crore shares to promoters and the promoter group.
05.01 / 02:00
markets DOW Apple Trade reports Dow futures gain ahead of crucial jobs report
Investing.com — US stock futures saw a modest increase on Thursday evening in the lead-up to a significant jobs report, as Wall Street attempts to recover from a lackluster start to January.
05.01 / 01:11
COST trends show country reports Traffic International Data recap: GST, car sales, shipping cost
₹1.65 trillion in December. Meanwhile, the recent attacks on vessels in the Red Sea have led to a surge in shipping costs. Welfare spending has become one of the selling points for political parties in recent election campaigns.
05.01 / 01:11
markets UPS Compilation Tesla Bill reports Tesla weighs smaller batteries for its India car
Mint’s request for comment. Batteries comprise the biggest chunk of an electric vehicle’s (EV) bill of materials, and strapping a smaller battery on a car would be crucial for Tesla to realise a $24,000 (around ₹20 lakh) electric car, which it is reportedly conceptualizing for sale in India and other developing markets. For context, the company’s most affordable car today, the base variant Model 3, starts at around $40,000 ( ₹33 lakh).
05.01 / 01:06
UPS economy Sustainability Research reports International India may project higher growth estimates of around 7% for FY2024: Report
India's current account deficit narrows to 1% of GDP in July-Sept On Friday the National Statistical Office will release the first advance GDP estimates. The advance estimates of GDP, which go under six revisions over time, will be released in the evening on 5 January.
04.01 / 23:24
President War Inside reports RTX appoints insider Phil Jasper as Raytheon president
(Reuters) — U.S. aerospace and defense company RTX said on Thursday industry veteran Phil Jasper will become president of its Raytheon (NYSE:RTN) unit after Wesley Kremer retires at the end of the first quarter.
04.01 / 22:47
markets UPS DOW Trade show reports Marketmind: All eyes on U.S. employment report to set the tone
(Reuters) — A look at the day ahead in Asian markets by Alden Bentley, Americas Breaking News Editor for Finance & Markets
04.01 / 21:35
markets Provident economy trends show reports December jobs report may show 'cooling trend' in the labor market
FreedomWorks senior economist Steve Moore provides insight on the state of the economy on 'Making Money.'
04.01 / 20:48
COST Provident Apple Fallout reports Updates Severance Season 2: See what we know about release date, cast, plot and more
Severance Season 2 is anticipated in 2024, but no specific release date has been announced. A report suggested delays due to showrunner conflicts, script rewrites, and high episode costs. Showrunner Dispute
04.01 / 20:36
Hollywood MET Actor social reports Courts Leonardo DiCaprio, Cate Blanchett, Kevin Spacey: Hollywood names mentioned in Jeffrey Epstein court documents
sexual offender and financier Jeffrey Epstein. The court documents, contrary to prompted rumors of a list of ‘clients’ or ‘co-conspirators’, mention figures whose names were already known, including high-profile friends of Epstein’s and victims who have spoken publicly. The court documents mentions high profile politicians like Bill Clinton, Donald trump, and several Hollywood actors.
04.01 / 20:34
markets Strategy economy Yellow Trade reports 2024 Gold to shine brighter in 2024, prices may hit new high of ₹70,000: ICICI Direct
Gold price today: Gold rate rises on geopolitical tensions, rate cut hopes; what should be your strategy for MCX Gold? According to a report by ICICI Direct, Gold prices are likely to move towards a new high of ₹70,000. “Gold prices are likely to rise further on the back of weak dollar and decline in US treasury yields. Dollar and Yields nosedive in anticipation that the US Fed will start cutting rates as soon as March 2024," the report said.
04.01 / 20:30
Manufacturing economy Food Trade stage reports Plans to broaden PLI schemes on hold, says DPIIT secy Singh
₹1.97 trillion (over $26 billion) to enhance manufacturing capabilities. The 14 sectors enjoying the benefits of PLI schemes include telecommunication, white goods, textiles, medical devices manufacturing, automobiles, speciality steel, food products, high-efficiency solar PV modules, advanced chemistry cell batteries, drones, and pharma. Since then several other sectors have approached their respective ministries asking to be included under the PLI scheme.

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