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14.05 / 16:15

wellness Trade President War reports International Vladimir Putin to meet Xi Jinping, 'discuss Ukraine, energy, trade': What it signifies?

Vladimir Vladimirovich Putin will pay a state visit to China from May 16 to 17," Shina Foreign Ministry Spokesperson Hua Chunying announced on Tuesday. According to reports, Russia also confirmed the trip and said Putin was going on Xi's invitation. The Kremlin was quoted by PTI as saying that this will be Putin's first foreign trip since he was sworn in as president and began his fifth term in office.

14.05 / 16:15

UPS security reports stake Cipla promoters plan to sell 2.53% stake

Mint. The promoters are offering to sell up to 20.45 million shares, with a total deal value estimated to be around ₹2,637 crore ($316 million).

14.05 / 16:15

FIVE reports International cricket New Team India Head Coach: BCCI close to finalising THIS legend as Rahul Dravid's replacement

Indian Express report, Chennai Super Kings coach Stephen Fleming might succeed Rahul Dravid as the coach of the Indian cricket team. Stephan Fleming, the former New Zealand captain, has held CSK's coach position since 2009, and the franchise won five IPL trophies under his guidance. The Indian Express mentioned some highly placed sources claiming that Stephan Fleming was seen as a suitable candidate after Rahul Dravid's contract ended.

14.05 / 15:41

markets COST Target reports Department patient Powell says inflation has been higher than thought and expects rates to hold steady

Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period.

14.05 / 15:05

Target WhatsApp reports Department Fed's Powell: PPI mixed, next move unlikely to be a rate hike

AMSTERDAM: Federal Reserve Chair Jerome Powell on Tuesday said the latest report on U.S. producer prices was more «mixed» than «hot» given that prior data was revised lower even as the figures for April came in higher than expected. «I wouldn't call it hot, I'd call it mixed,» Powell said at an event in Amsterdam after the Labor Department released the Producer Price Index for April.

14.05 / 15:05

UPS Universities show Inside stars reports ‘God’s Hand’ captured by a dark energy camera? Know in detail about image and inside story

Dark Energy Camera has captured a series of images of what looks like a ghostly hand extending towards a spiral galaxy, reports NDTV. These celestial structures have been named as “God’s Hand’ and are a cloud of gas and dust. This dark energy camera, which is known as the DECam, has been installed on the Victor M Blanco Telescope in Chile. This rare phenomenon is also known as the cometary globule and gives us a depth of the universe and its origins.

14.05 / 15:05

COST UPS Provident Digital Software reports HDFC Bank says 6-7 pc of overall annual expenses are on tech

HDFC Bank spends 6-7 per cent of its overall expenses on technology-related aspects every year, a senior official said on Tuesday. Parag Rao, HDFC Bank head for payments and consumer finance, said the bank has been investing in digital capabilities amid "cloudification", where tasks are moved to the cloud. The comments come amid greater regulatory scrutiny on the technology front. «We spend about 6-7 per cent of our overall expenses on technology,» he told reporters here on the sidelines of a digital credit card launch of the bank.

14.05 / 15:01

Aware Discover wellness Inside 2020 reports International Family offices have ‘dangerous gaps’ in risk management, report warns

Family offices are facing substantial and multiple risks but frequently lack the resources to effectively manage them, a new report warns.

14.05 / 14:59

markets ETF Strategy Sustainability track reports Cathie Wood's ARK Invest poaches northern Europe sales boss from Circa5000

Prior to his time at the London-based impact ETF issuer, he worked as sales director at Orpheus Partners and business development manager at LGBR Capital. Spells will report to ARK Invest Europe's head of sales James Thomas, who said his hire marks a «pivotal moment» for the firm and underscores its «enhanced» commitment to European investors. AssetCo sells loss-making Rize ETF to Cathie Wood's ARK Invest «With his expertise in European market dynamics and a strong track record in selling active and sustainable strategies, Paul is well equipped to amplify our capabilities and impr...

14.05 / 14:59

Art BlackRock 2020 reports Pridham Report: BlackRock retail sales dominance continues into first quarter

Blackrock stood on top, with £10.1bn and £3.9bn worth of gross and net retail sales, respectively. For the first time since the final quarter of 2020, gross retail flows into its open-ended investment funds passed the £10bn mark. Legal & General Investment Management (LGIM) came second at £6.3bn in new gross business, followed by HSBC Asset Management, which recorded £4.5bn in gross retail sales. However, when counting net sales, HSBC overtook LGIM by roughly £600m, hitting £1.7bn as opposed to the latter's £1.1bn. Royal London Asset Management, Rathbones, Hargreaves Lansdown, and Art...

14.05 / 14:53

markets UPS Provident Digital performer reports Airtel’s Q4 profit dragged down 31% on forex losses

NEW DELHI : Nigeria’s decision in February to devalue its currency for the second time in eight months as part of what are seen as market-friendly reforms have ended up severely hurting Bharti Airtel Ltd. Factoring out its African operations, however, India’s second-largest telecom services provider rang in improved financials for the March quarter, as it added nearly 8 million new subscribers while reducing customer churn. Bharti Airtel reported foreign exchange losses of ₹2,544 crore from its African subsidiary, which contributed to dragging down its fourth-quarter consolidated profit by 31% to ₹2071.6 crore.

14.05 / 14:47

markets Twitter FIVE security Trade performer reports Unchecked explosion in retail F&O trading may dent household finances, warns Nirmala Sitharaman

retail investors of the perils associated with the derivatives market stressing that «unchecked explosion» in the riskier futures & options (F&O) may potentially create problems in household finances. «Any unchecked explosion in retail trading in F&O can create future challenges not just for the markets (but) for investor sentiment and also for household finances,» the FM said and PTI reported.

14.05 / 14:47

markets Manufacturing Sustainability Election President reports Auto sales growth moderates in April, sets record despite tepid demand

Car sales in the local market rose 1.3% to 335,629 units last month, and automakers attributed the tepid pace of growth to tapering off of the post-pandemic pent-up demand that sustained for the last two financial years. Though the growth rate moderated in April, it was the fourth consecutive month when sales volume in the local market set a new record, as per data from industry body Society of Indian Automobile Manufacturers (SIAM). Two-wheeler sales posted strong growth, increasing 30.8% from a year earlier to 1,751,393 units. Three-wheeler sales rose 14.5% to 49,116 units.

14.05 / 14:47

Food wellness BABA information reports Courts Patanjali Foods Q4 Results: Profit falls 22% YoY to Rs 206 crore on higher expenses, lower edible oil sales

Patanjali Foods reported a 22% fall in fourth-quarter profit on Tuesday, as sluggish demand dragged overall sales down in its mainstay edible oils business amid a surge in expenses. The Ruchi Gold oil maker's profit fell to Rs 206 crore (around $25 million) for the quarter ended March 31, from Rs 264 crore a year earlier.

14.05 / 14:47

UPS Aware SUN film show reports 'Girl Next Door': Was 'White Widow' jihadi bride responsible for killing 400 people?

White Widow' jihadi bride Samantha Lewthwaite will soon hit the theaters across the UK. Don't worry. She will not carry out a terrorist attack. A film exploring her life, her exploits as a terrorist and the reasons for becoming a 'jihadi' will be depicted in the movie. 'The Sun' has reported that Bella Ramsey, best known for her role in 'The Last of Us' will play the mother-of-four who converted to Islam aged 17 in a movie titled 'Girl Next Door'.

14.05 / 14:19

Election RAI Inside hospital reports Top news today: PM Modi's nomination filing, Bharti Airtel Q4 results, Delhi bomb scare, more

₹2,072 crore, versus ₹3,006 crore same period a year ago. The profit significantly fell short of Street estimates, with the figure hovering around ₹3,274 crore. Click here to read more Accompanied by Uttar Pradesh Chief Minister Yogi Adityanath, Prime Minister Narendra Modi filed his nomination papers from Varanasi Lok Sabha seat on May 14.

14.05 / 14:19

UPS Food BABA reports Patanjali Foods Q4 Results: Net profit falls 22% to ₹206 crore, revenue up 4% YoY; FMCG biz earns record-high sales

Patanjali Foods Q4 Results: Baba Ramdev-led Patanjali Foods announced its January-March quarter results for fiscal 2023-24 (Q4FY24) on Tuesday, May 14, reporting a drop of 22 per cent in standalone net profit at ₹206.32 crore, compared to ₹263.71 crore in the corresponding period last year. Formerly known as Ruchi Soya Industries, the fast-moving consumer goods (FMCG) firm's revenue from operations in the fourth quarter of FY24 rose four per cent to ₹8,221 crore, compared to ₹7,873 crore reported in the year-ago period.

14.05 / 13:53

FIVE security Election reports BJP MP Jayant Sinha's son Aashir joins Congress in Jharkhand amid Lok Sabha Elections 2024

Hindustan reported on Monday. The development came days after Aashir's father Jayant Sinha was denied a ticket to contest the Lok Sabha elections from Hazaribagh, from where he is currently an MP.

14.05 / 13:53

Instagram reports cricket Sanjiv Goenka, KL Rahul share warm hug a week after public spat over LSG’s 10-wicket defeat | PICS

ALSO READ: Netizens have special message for LSG owner Sanjiv Goenka; say, ‘learn from SRK’ Goenka came in the eye of the storm after his animated chat with LSG skipper KL Rahul was perceived as a public dressing down of the captain, after Sunrisers Hyderabad defeated Lucknow Super Giants by 10 wickets on May 8. The incident invited sharp reactions. Soon after the conversation became public, reports also surfaced about Rahul leaving Lucknow Super Giants next season.

14.05 / 13:35

markets Reuters Fox CEO Sustainability Southern reports Walmart cutting hundreds of corporate jobs, asking remote workers to return to office: report

A Walmart associate operates an autonomous forklift around the distribution center. (Credit: Walmart)

14.05 / 13:35

COST UPS economy Trade President reports Department Wholesale inflation unexpectedly jumps again to highest level in a year

Bolvin Wealth Management Group President Gina Bolvin discusses the move in commodities, expected inflation data, the housing industry and her outlook for consumers.

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