Reports Financial News
13.07 / 04:19
markets
COST
UPS
trends
show
reports
Indians like to have a swig of premium beer
beer category by nearly three times in FY24, companies' reports and excise data showed. According to available data, premium beers (on average, beers priced above Rs 125 per pint) grew 25-30% by volume in FY24, compared to 8-10% growth of the overall beer category. At Bira91's recently opened Taproom pubs in Ludhiana, flavoured premium beers such as Citrus Wheat, IPA and Stouts are outselling stronger and regular lagers by about three times. «What is interesting to note is that there's this stereotype that people in Punjab drink strong beers. But this busts that stereotype — consumers there are actually drinking beers that are flavourful and milder,» said Ankur Jain, chief executive of B9 Beverages, which sells Bira91.
13.07 / 04:19
13.07 / 04:19
COST
Manufacturing
Trade
reports
Traffic
International
Destinations
Vizhinjam: Advantage India as an Adani dream docks at a port of plenty
Adani Group, and India, have scripted history with a big cargo ship called San Fernando from China arriving at Kerala's newly built Vizhinjam International Sea Port. The 300-metre-long San Fernando, operated by Maersk, one of the world’s leaders in shipping and logistics, is the first commercial container cargo vessel to dock at India's largest transhipment port. Kerala Chief Minister Pinarayi Vijayan and Union Minister for Ports, Shipping, and Waterways Sarbananda Sonowal formally welcomed the ship. «The commissioning of Vizhinjam Port has started a new chapter in the development of Kerala. This moment is a matter of pride for our country too,» Vijayan said. «This milestone marks India's entry into global transshipment and ushers in a new era in India's maritime logistics, positioning Vizhinjam as a key player in global trade routes. Jai Hind!» Adani Group chairman Gautam Adani wrote on X. Karan Adani, Managing Director of Adani Ports and SEZ Limited (APSEZ), said in a statement, “San Fernando – now berthed at our harbour — is a symbol of a new, glorious achievement in Indian maritime history… No other port in India – including our own highly advanced Mundra Port – has these technologies. What we have already installed here is South Asia’s most advanced container handling technology. And once we complete the automation and the Vessel Traffic Management System, Vizhinjam will be in a class of its own as one of the most technologically sophisticated transshipment ports in the world.”
13.07 / 04:17
Target
Trade
crypto tax
country
reports
Department
New Zealand Cracks Down on Crypto Investors Avoiding Tax Disclosures
New Zealand’s tax authority revealed on Thursday that it is targeting individuals actively trading crypto who have not reported their income from these transactions in tax filings.
13.07 / 04:17
security
Netflix
wellness
show
social
reports
Updates
Supacell Season 2 on Netflix cancelled? What we know so far
Supacell' Season 2 on Netflix has become one of the most talked-about subjects on social media ever since the British show premiered on the OTT streaming giant. Those who have been looking for authentic updates on 'Supacell' Season 2 release date, creator Rapman revealed that he had conceptualised plot for three seasons. However, Netflix will take the final call regarding a new season. 'Supacell' has received positive responses from critics and garnered an overwhelming viewership for Netflix UK.
13.07 / 04:13
Death
film
Actor
Justice
2020
reports
Investigations
Sushant Singh Rajput suicide: Karni Sena threatens nationwide movement if CBI doesn't act on late actor's case
Sushant Singh Rajput in June 2020, the case continues to linger without closure, prompting renewed calls for justice. Sushant's sister, Shweta Singh Kirti, has persistently campaigned for answers surrounding his demise. On the actor's recent fourth death anniversary, she reiterated the family's plea for closure. According to ETimes, recently, Karni Sena, a prominent socio-political group in India, has announced plans for a nationwide movement. This action is contingent on the Central Bureau of Investigation (CBI) failing to produce a conclusive report on Rajput's death. Shiv Singh Shekhawat, the national president of Karni Sena, emphasized their stance, stating, «We will raise Sushant Singh Rajput's voice to know who killed him.» Expressing frustration over the prolonged investigation, Shekhawat added, «It's been four years, and despite assurances of ongoing inquiry, no report has been filed. We are planning a nationwide stir. We will light lamps and gherao the mantralaya if the report is not filed and we don't get to know who killed Sushant singh rajput.» In response to queries, Varun Singh, legal representative for Rajput, expressed uncertainty about the case's progress. «We really have no update,» Singh remarked. «The only information we have is that the CBI has yet to file a chargesheet.»
13.07 / 04:07
markets
Crypto Trading
Analysis
Research
Trade
Artificial Intelligence
reports
5 Reasons Why AI Advisors Won’t Help You with Trading
The financial sector has been rapidly adopting artificial intelligence (AI) technologies, particularly generative AI and large language models (LLMs), to enhance various aspects of operations and customer interactions.
13.07 / 04:07
Sustainability
Research
Healthcare
students
reports
Relationships
One-third of healthcare workers aren’t confident about retirement
A recent report from the TIAA Institute reveals that one out of three healthcare employees, including doctors, surgeons, and registered nurses, lack confidence in their retirement savings.
13.07 / 04:03
UPS
Provident
PwC
Deloitte
wellness
reports
China dials up scrutiny of Big Four audit firms after Evergrande probe, sources say
China's Ministry of Finance is conducting more rigorous checks of work done by the Big Four auditing firms for local companies, three people with knowledge of the matter said, amid concerns auditors are not doing enough to uncover corporate wrongdoing. The tighter scrutiny, which has not been previously reported, is mainly focused on Deloitte, EY, PwC, KPMG and their audits of some financial firms as well as highly leveraged companies, said the people. It began a couple of months ago and comes in the wake of a regulatory probe into «intermediaries» for property giant China Evergrande Group, which refers to auditors, rating agencies and other providers of financial services.
13.07 / 03:59
markets
Provident
Manufacturing
Mobile
WhatsApp
country
reports
EV companies seek stability in incentives ahead of FAME-III rollout
government scheme to promote adoption of electric vehicles, sections of EV makers said this time they wanted a subsidy policy with a definite timeline, rather than one that would be abruptly cut off like the previous one. «New changes are too sudden, especially for the automobile industry with its long lead times. We would want the new subsidy regime to last for at least two to three years to truly benefit the industry,» Amitabh Saran, chief executive of electric three-wheeler maker Altigreen, told ET. The Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme was originally launched in 2015 to encourage the adoption of electric and hybrid vehicles. Under it, a subsidy was provided to EV makers who used it to lower the prices of their products. The second edition, FAME-II, was introduced in 2019 and went on till March 2024 when it was scrapped. There has since been a steep slowdown in EV sales, according to a report by the Federation of Automobile Dealers Associations.
13.07 / 03:59
Man
Celebrity
performer
stars
reports
Traffic
politician
The son of Asia’s richest man is set to marry in the year's most extravagant wedding
Global celebrities, business tycoons and politicians are arriving in India’s financial capital to attend the wedding of the youngest son of Mukesh Ambani, the world’s ninth richest man
13.07 / 03:56
FIVE
Waters
awards
Experts
reports
testing
International
NASA: Will it cancel some of space programs due to spacesuit problems? Why did water leak during spacewalk outside ISS?
astronaut Tracy Dyson's spacesuit 31 minutes into a spacewalk outside the International Space Station (ISS) earlier this week, she was put in a terrifying scenario. The leak prompted Dyson and fellow astronaut Mike Barratt to abort their mission, which prompted the onboard team to look into the problem. Considering that NASA's existing spacesuit design is based on the Space Shuttle Program from the 1980s, this tragic event emphasized the critical need for new suits, as reported by 'Yahoo News'. Also Read: World's largest solar plant has five million PV panels. Where is it located and how much electricity will it produce? Know in detail
13.07 / 03:53
security
Enterprise
Trade
Indus
reports
recommendations
Headlines
F&O Ban List: Chambal Fertilizers, GNFC among 10 stocks under trade ban on Thursday
Bandhan Bank, Chambal Fertilizers & Chemicals, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), India Energy Exchange (IEX), India Cements, Indus Towers, Piramal Enterprises (PEL) and RBL Bank. RBL Bank is the latest entrant into the list.
13.07 / 03:52
Extreme
Manufacturing
Trade
Celebrity
show
singer
reports
Rekha Jhunjhunwala trims stake in smallcap counter Raghav Productivity in June quarter
Rekha Jhunjhunwala has trimmed her stakes in smallcap counter Raghav Productivity Enhancers in the quarter ended June 30, 2024. Her holding as on this date stood at 4.98%, down by 8 bps from 5.06% in the previous quarter. The stock has rallied 70% in the last 12 months and its returns in 2024, so far stand at 19%. The outperformance over Nifty is more than two-fold over a 1-year period.
13.07 / 03:51
security
economy
country
social
information
reports
Relationships
Senior member of the North Korean Intelligence escapes with $30 million; set back to the weapons modernization program
North Korean Intelligence is believed to have fled China where he was working on a project. The concerned official is reported to have escaped with $30 million of funds meant for the hermit kingdom’s weapons modernization program. This has been reported by Money Today that this escape took place last month. This is yet another escape by a member of the North Korean government in recent times. China and North Korea share a good relationship and this relationship at times has been described as ‘devious’ due to the former’s support to North Korea to its nuclear program.
13.07 / 03:51
FIVE
WhatsApp
students
hospital
reports
Schools
School collapse in central Nigeria kills 16 students
students were killed on Friday when a school in central Nigeria collapsed on pupils taking exams, according to an AFP correspondent. Trapped students were heard crying for help under the rubble after the Saint Academy school in Jos North district of Plateau State fell in on classrooms. Mechanical diggers tried to rescue the victims while parents desperately looked for their children.
13.07 / 03:50
awards
Pride
country
reports
travelers
Equality
cricket
Why Rahul Dravid refused ₹2.5 crore from BCCI? A fascinating story that will make you his fan once again
₹2.5 crore that the Board of Control for Cricket in India (BCCI) after the team won T20 World Cup and noted that he would take an equal share of prize bonus as the rest of his support staffBCCI source said, as reported by Hindustan Times, “Rahul wanted the same bonus money ( ₹2.5 crore) as the rest of his support staff (bowling coach Paras Mhambrey, fielding coach T Dilip and batting coach Vikram Rathore). We respect his sentiments." According to the distribution formula established by the board, the 15 playing members of India's winning squad, along with Dravid, are each to receive ₹5 crore from the ₹125 crore prize money.
13.07 / 03:49
Digital
Platform
Apple
film
Justice
voice
reports
Batman Ninja vs. Yakuza League: What we know about trailer, creative team, release date and where to watch
Batman Ninja vs. Yakuza League' has been released. This is the sequel to the 2018 animated film 'Batman Ninja'. The new film brings Batman to a modern setting in Japan. Trailer Batman returns to Japan in the new trailer for 'Batman Ninja vs. Yakuza League'. This is the sequel to the 2018 animated film 'Batman Ninja', where Batman and Gotham were sent to Feudal Japan. The new film shifts the setting to a modern era.
13.07 / 03:47
13.07 / 03:45
Extreme
WhatsApp
reports
isolate
travelers
Department
guidelines
Uttarakhand: IMD predicts heavy rainfall in several parts of state
Dehradun: The Meteorological Centre in Uttarakhand has predicted heavy rainfall over several parts of the state until July 10. The IMD has forecast heavy to very heavy rainfall in many places, with extremely heavy rainfall in isolated areas in the Kumaon region. Heavy rains are also expected in the Chamoli, Rudraprayag, and Pauri districts of Uttarakhand on July 7. The weather report also predicts heavy rains in the Dehradun, Tehri, Haridwar, and Uttarkashi districts on Sunday.
13.07 / 03:43
Booking
Netflix
Patrick
students
2020
reports
Colleges
Power Book II: Ghost Season 4 Part 2 - Complete episode schedule and what to expect
Power Book II: Ghost continues to dominate television screens as it approaches its midseason finale in its final 10-episode run. This spinoff from the original Power series, which concluded in 2020, has garnered significant attention, with season 4 attracting 6.5 million multiplatform viewers during its debut week on Starz.
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