Reports Financial News
16.10 / 07:29
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reports
'Easier' policy for Musk's Starlink: Akash Ambani, Mittal raise concerns at event attended by Modi
Jio's Akash Ambani and Airtel's Sunil Mittal recently voiced concerns about market access for multinational corporations in the presence of Prime Minister Narendra Modi, the report by (Pankaj Doval) said. During the India Mobile Congress, Ambani emphasised the need for the local storage of data and expressed worries about data being moved abroad.
16.10 / 06:27
markets
UPS
FIVE
Digital
Experts
social
reports
Is marriage killing women's careers? World Bank report shows many South Asians pay 'marriage penalty'
World Bank report has highlighted the persistent gender disparity in employment across South Asia, with women experiencing a significant decline in labor force participation post-marriage, often referred to as a "marriage penalty." In India, female employment rates drop by 12 percentage points after marriage, about one-third of the pre-marital employment level, even in the absence of children. Meanwhile, men gain a 13-percentage-point employment premium upon marriage, although this advantage gradually erodes after five years. “This marriage penalty among women without children persists up to five years after the wedding in India and Maldives,” the report states, attributing the trend to deep-rooted social norms. In addition to the marriage penalty, women also face a “child penalty,” as caregiving responsibilities often push them out of the workforce.
16.10 / 06:27
markets
UPS
Analysis
Research
Bill
Trade
reports
Shipping Corporation, GE Shipping shares rally up to 5% ahead of Cabinet meeting today
Shipping Corporation of India and Great Eastern Shipping Company rose up to 5% on the BSE today amid reports that the Centre may approve the Coastal Shipping Bill 2024 in today’s Cabinet meeting. The shares of Shipping Corporation surged 4.6% to day’s high of Rs 249.45 while those of Great Eastern Shipping Company went up by 2.5% to Rs 1,312.40 on the BSE.
16.10 / 06:27
markets
UPS
Analysis
Research
Trade
Experts
reports
Crompton Greaves shares down 1.92% as Nifty drops
Crompton Greaves Consumer Electricals Ltd. traded 1.92 per cent down in Wednesday's trade at 11:52AM (IST). Around 23,735 shares changed hands on the counter. The scrip opened at Rs 422.2 and touched an intraday high and low of Rs 430.7 and Rs 417.9, respectively, in the session so far. Shares of the company of Crompton Greaves Consumer Electricals Ltd. quoted a 52-week high of Rs 483.65 and a 52-week low of Rs 262.1.
16.10 / 06:27
16.10 / 05:15
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Analysis
trends
Trade
Experts
reports
Updates
Stock market update: Nifty IT index falls 0.17% in a weak market
Wipro Ltd.(up 0.68 per cent), HCL Technologies Ltd.(up 0.52 per cent), L&T Technology Services Ltd.(up 0.41 per cent) and Persistent Systems Ltd.(up 0.1 per cent) were among the top gainers.
16.10 / 05:15
markets
UPS
Target
security
WhatsApp
reports
Buy Sudarshan Chemical Industries, target price Rs 1,161: HDFC Securities
HDFC Securities has buy call on Sudarshan Chemical Industries with a target price of Rs 1,161. The current market price of Sudarshan Chemical Industries is Rs 1,102.35. Sudarshan Chemical Industries, incorporated in the year 1951, is a Mid Cap company (having a market cap of Rs 7,659.65 Crore) operating in Chemicals sector. Sudarshan Chemical Industries key Products/Revenue Segments include Inorganic Pigments, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2024.
16.10 / 05:15
markets
UPS
Analysis
Research
Trade
Experts
reports
BSE shares tumble 6% on Jefferies’ downgrade to ‘underperform’ rating
Bombay Stock Exchange (BSE) fell by 6% to their day’s low of Rs 4,471 on NSE after the global brokerage firm Jefferies downgraded the stock’s rating to ‘underperform’ from an earlier ‘hold’ rating. However, despite a downgrade in the rating, the global brokerage firm has hiked the target price to Rs 3,500 from Rs 2,850 previously.
16.10 / 05:05
UPS
Aware
shooting
show
reports
Department
Mystery drones swarm air force base for 17 days, leaving Pentagon baffled
fleet of drones breached restricted military airspace for 17 straight days last December.A new report, first detailed by the Wall Street Journal, says military personnel reported witnessing the mysterious fleet over a stretch of land at Langley Air Force Base along Virginia’s shore. The drones would appear in the sky about 45 minutes to an hour after sunset each night.Former air force general Mark Kelly was first made aware of the drone sightings in December 2023, the outlet reports.
16.10 / 04:51
markets
UPS
Align
trends
Experts
reports
Shift toward EVs, particularly in China, could disrupt global oil market, energy report says
electric vehicles globally, especially in China, is poised to disrupt the global oil market, according to a report released Wednesday by the International Energy Agency. In recent years, China has accounted for most of the growth in oil demand and planet-heating emissions, but electric vehicles now make up 40% of new sales of cars there, and 20% of sales globally, putting major oil and gas producers «in a bind.» The IEA World Energy Outlook 2024 outlines a future where EV adoption continues to gain momentum, potentially displacing up to 6 million barrels per day of oil demand by 2030. The agency said based on current trends and policies and the availability of materials, EV will reach 50% of global car sales in 2030. China already accounts for half the world's electric cars on the road. By 2030, it's projected that 70% of new car sales in China will be electric. With its massive additions of new wind and solar power, China is aligned with its target for addressing climate change, seeing emissions peak and begin to decline by the end of the decade.
16.10 / 04:51
markets
security
Analysis
trends
Trade
Experts
reports
Q2 preview: Another weak quarter expected for banks. Top stocks to buy ahead of results
private banks due to higher fees and lower provisions sequentially. The subdued numbers for the lenders will be driven by muted net interest income (NII) due to slowdown in loan growth. However, asset-quality metrics should be less worrisome, barring lenders exposed to the microfinance sector, analysts said.
16.10 / 04:51
markets
Target
Digital
Cooper
security
reports
Pakistan vows commitment to Chinese nationals' safety amid terror attacks on ports
Pakistan and China reaffirmed their «unwavering commitment» to combating terrorism in all its forms, embracing a zero-tolerance policy during the Shanghai Cooperation Organisation (SCO) Summit, according to a report by Geo News. The two nations also expressed readiness to collaborate with the international community to bolster multilateral counter-terrorism cooperation within established organisations such as the United Nations and the SCO. During the summit, Pakistan strongly condemned recent terrorist attacks targeting Chinese personnel in Pakistan, including the March 26, 2024 attack on the Dasu Hydropower Project and the October 6, 2024 attack on the Port Qasim Power Plant convoy. It pledged to uncover the truth behind these incidents and bringing the perpetrators to justice.
16.10 / 03:39
16.10 / 03:39
UPS
Adobe
Election
Food
Nov
Trade
reports
US retail trade group expects holiday season sales to grow more slowly
The largest retail trade group in the United States says it expects consumers to spend more during the upcoming holiday season but the growth in sales to be slower than last year due to concerns over persistent inflation and prices
16.10 / 03:39
16.10 / 03:39
Action
Food
outbreak
reports
Department
Investigations
International
USDA launches an internal investigation into the deadly Boar's Head outbreak
U.S. Agriculture Department officials have launched an internal investigation into how the agency handled reports of serious problems tied to a deadly listeria outbreak at a Boar's Head deli meat plant in Virginia
16.10 / 03:39
FIVE
Waters
Parke
Death
reports
evacuation
Investigations
Family of Tennessee employee who died in Hurricane Helene flooding files wrongful death lawsuit
The family of a Tennessee employee who was killed by catastrophic flooding caused by Hurricane Helene has filed a wrongful death lawsuit
16.10 / 03:39
markets
COST
Bill
President
show
reports
prevention
California Gov. Gavin Newsom signs a law aimed at preventing gas prices from spiking
California Gov. Gavin Newsom has signed a law aimed at preventing gas prices from spiking at the pump
16.10 / 03:39
COST
Aware
community
Experts
Universities
cover
reports
After hurricanes, the business of rebuilding lives means navigating the insurance claims process
Now that the threat of Hurricanes Helene and Milton has receded, millions of homeowners and business-owners across Florida and the Southeastern U.S. are faced with traversing the often long and laborious process of using insurance to rebuild their lives
16.10 / 03:39
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