Reports Financial News
09.05 / 18:19
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Financial
Bank of Canada warns nation's renters showing signs of financial strain
The Bank of Canada is raising concerns about the impact of higher interest rates on renters while acknowledging that, even as most households appear to be managing increased debt servicing costs, there are still many mortgage holders who will face large payment increases when they renew over the next two-and-a-half years.
09.05 / 18:19
markets
Binance
Analysis
information
reports
Crypto exchange Binance hit with $6-million fine by Fintrac
OTTAWA — The federal anti-money laundering agency has issued a $6-million fine to cryptocurrency exchange company Binance Holdings Ltd.
09.05 / 18:19
markets
UPS
Target
Matthews
Tesla
reports
Headlines
Matthew Lau: Electric vehicle mandates mean misery all round
News of slowing demand for electric vehicles highlights the hazards of the federal government’s Soviet-style mandate that 100 per cent of new light-duty vehicles sold must be electric or plug-in hybrid by 2035 (with interim targets of 20 per cent by 2026 and 60 per cent by 2030 and steep penalties for dealers missing these targets).
09.05 / 18:13
FIVE
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The Kadashians Season 5: Kylie, Kendall, and Khloé breakdown as Kris Jenner reveals cyst and tumor details
Kardashians" promises various points of view on the lives of the iconic family, with a particular focus on their health journeys. In a significant moment from the latest trailer, Kris Jenner, the matriarch of the Kardashian-Jenner clan, shares a concerning update about her health. A Tearful Revelation
09.05 / 18:13
markets
Compilation
Apple
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NVIDIA
Inside
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Jeff Bezos, Mark Zuckerberg lead the way in big tech insider stock sales
Magnificent Seven tech companies are following Jeff Bezos and Mark Zuckerberg in realising gains from the stocks that have largely powered the boom in US equity markets. Almost a dozen executives and directors at the firms recently boosted their share sales, earning more than $160 million since late 2023 after not cutting their stakes in as long as nine years, according to data compiled by Bloomberg.
09.05 / 18:13
COST
WhatsApp
reports
shock
Congress against govt move to deny MSP to farmers burning stubble
Congress has opposed the Centre's move to deny MSP benefits to farmers, especially of Punjab and Haryana, if they continue to burn farm stubble. Taking note of the ET report that revealed the Centre's plans in this regard, Congress said instead of taking a comprehensive view on the multiple reasons for pollution in Delhi, the government is planning to trouble farmers. «Now the outgoing Modi government has announced that farmers, especially in Punjab and Haryana, who burn stubble will not get MSP.
09.05 / 16:37
President
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BJP MP Navneet Rana reiterates ‘15 second’ threat to Owaisi brothers: ‘Committed to reply to those working for Pakistan’
AIMIM president Asaduddin Owaisi and his brother Akbaruddin, saying that if police were removed from duty for “15 seconds"., they brothers would not know from where they came and where they went. "The younger one (Akbarauddin) says remove the police for 15 minutes and we will show what we can do. Let me tell the younger one, you will take 15 minutes; it will be only 15 seconds for us.
09.05 / 16:37
UPS
performer
reports
Indian Overseas Bank Q4 results: Net profit rises record 24% to ₹808 crore
Indian Overseas Bank (IOB) on Thursday said the company reported a 24% increase in net profit to ₹808 crore—the highest-ever quarterly profit—for the quarter ended March 31, against ₹650 crore in the same quarter last year. For the year ending March 31, 2024, the consolidated net profit grew to ₹2,665.66 crore from ₹2,103.99 crore a year ago. The operating profit rose to ₹1,961 crore from ₹1,882 crore year-over-year.
09.05 / 16:37
Election
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Videos
Video of BJP leader's minor son casting vote in Bhopal goes viral; Congress says 'turning EC into a child's plaything'
Lok Sabha elections 2024: A video of the BJP leader's minor son casting a vote at the Berasia polling booth in Madhya Pradesh's Bhopal went viral on social media on Thursday. Soon after, the Congress slammed the saffron party, saying it had reduced the Election Commission (EC) of India into a child's plaything. In the viral video, a boy, reportedly BJP panchayat leader Vinay Mehar's son, was seen casting a vote on the EVM on behalf of his father.
09.05 / 16:37
Provident
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‘Our diplomats have been threatened…’: MEA shares scathing update after Canada arrests three Indians over Nijjar killing
Hardeep Singh Nijjar in British Columbia last year, but insisted that no relevant information or specific evidence about Delhi's involvement has been shared by the Canadian authorities till date. India’s External Affairs Ministry spokesman Randhir Jaiswal told reporters that the two countries were discussing the issue but accused Canada of providing shelter to those who are advocating violence against India. He said that Delhi had complained to the Canadian authorities that the people associated with organized crime in India had been allowed entry and residency in Canada.
09.05 / 16:37
students
reports
Maharashtra Board Result 2024: MSBSHSE Class 10, 12 results likely tomorrow at mahresult.nic.in. Details here
MSBSHSE norms, students are required to score at least 35% marks in theory and practicals to be declared pass in the board exams. The MSBSHSE conducted the Board exams of Class 12th from February 21 to March 19, while Class 10th exams were held from March 1 to 26, 2024 across the state.
09.05 / 16:37
COST
UPS
Booking
economy
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SBI projects optimism in itself, economy after strong Q4
MUMBAI : State Bank of India (SBI) on Thursday expressed confidence in growing its credit book by 14-16% in the current fiscal year, reflecting the general optimism around domestic growth, after delivering stellar results for the March quarter and FY24. “Once again, we have delivered excellent numbers," chairman Dinesh Khara told media persons after announcing the bank’s financial results on Thursday. “Our net profit for the fiscal year FY24 is the highest ever." However, India’s largest lender’s projected deposit growth of 12-13% for FY25 would continue to lag its expected growth in credit, a phenomenon plaguing the entire banking industry.
09.05 / 16:19
markets
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Binance
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Features
3 Reasons Why Rollblock (RBLK) Can Overtake Binance Coin (BNB) and Algorand (ALGO)
Rollblock (RBLK) is attracting traders from all over the globe as it is the best new crypto to invest in. This platform’s potential to outperform established cryptocurrencies such as Binance Coin (BNB) and Algorand (ALGO) is also noted, as some analysts have it pegged as the next 50x crypto in 2024. Let’s find out why.
09.05 / 15:11
UPS
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Relationships
The Handmaid's Tale Season 6: June and Nick's romance to heat up | Release date
The Handmaid's Tale', excitement is high to witness what happens with June’s story at the end. Originally slated for release in 2024, the series now gears up for a summer 2025 debut, promising an unforgettable farewell to one of television's most gripping narratives, as mentioned in a report by Elle.
09.05 / 15:11
Platform
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Reddit
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Reddit user alleges TCS suspended him for reporting security incident
security incident to the company. Narrating his grievance social network forum Reddit, the employee said, “I reported a security incident in TCS where my manager was making employees use their personal laptops and sharing login credentials.”
09.05 / 15:11
Provident
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3% mutual fund accounts have ‘KYC Hold’ status: AMFI
mutual fund KYC (know your customer) rules came into effect from April 1, around 3% of MF accounts have ‘KYC Hold’ status, stated the Association of Mutual Funds of India (AMFI) on Thursday. While noting that the mutual fund industry is addressing concerns for a smooth KYC process, AMFI CEO Venkat Chalasani said, “Together with AMCs, distributors and other stakeholders, we are committed to facilitating a seamless KYC validation process for all, thereby ensuring the integrity and accessibility of mutual fund investments across the board.” “If KYC was to be an issue, then you clearly would have seen a downtick in transaction count. Amounts may not necessarily be the best indicator. It is really the number of transactions. And I think we have to, from a perspective of the industry, thank the regulator as well because they have also been pushing all of us, AMCs, MFDs, RIAs, etc, to make sure we handhold the customer,” said Anthony Heredia, MD & CEO of Mahindra Manulife Mutual Fund.
09.05 / 14:27
Action
Airlines
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concert
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Destinations
Air India Express crew call off strike; airline agrees to take back the 25 terminated cabin crew members
cabin crew of Air India Express ended the strike on Thursday after the management of the airline agreed to take back the 25 crew who have been terminated. The management has also assured that issues raised by their union will be looked into. The decisions were taken in a conciliation meeting held by the Chief Labour Commissioner of Delhi. The members of the cabin crew union who attended the meeting has promised that the crew will report for work immediately.
09.05 / 14:27
UPS
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Healthcare
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medicines
Abbott India Q4 Results: Net profit rises 24% YoY on higher sales
Abbott India reported a 24% rise in fourth-quarter profit on Thursday, as strong sales outpaced the impact of government pricing caps on certain medicines. The company, which makes the popular antacid medicine Digene, said its profit rose to 2.87 billion rupees ($34.3 million) for the three months ended March 31, from 2.31 billion rupees a year earlier.
09.05 / 13:57
students
Experts
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rights
How does a pre-approved loan influence your CIBIL score? MintGenie explains
loan pre-approval does not influence your CIBIL score in any significant way. Let us understand what is a soft inquiry. When you apply for loan pre-approval, the bank may conduct a soft inquiry on your credit report to evaluate your creditworthiness.
09.05 / 13:55
markets
economy
wellness
performer
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International
Asian Paints Q4 Results: Weak demand drags company’s sales, profit below view
The country’s largest paint-maker saw demand in rural regions impacted due to inflationary pressure, contracting volume growth but reported a double-digit growth in urban areas.
09.05 / 13:55
Hollywood
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Eurovision 2024: How to watch in US, date, time, channel. Everything you may like to know
Sweden is hosting Eurovision for the seventh time this year after singer Loreen won the contest last year for her song 'Tattoo'. Swedish comedian and 2016 presenter Petra Mede has also returned alongside Hollywood actress Malin Akerman. An estimated 160 million viewers watch the contest on television sets and 37 acts representing countries will take place this year. The competition kicked off on May 7 and it will be followed by events on May 9 and May 11, reports the 'New York Times'.
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