Reports Financial News
09.05 / 08:07
Provident
Manufacturing
Sustainability
Trade
electronic
blues
reports
India’s merchandise exports to grow by 12.3% in June quarter: Exim Bank
NEW DELHI : The Export-Import Bank of India has predicted that India's total merchandise exports will reach $116.7 billion in the ongoing first financial quarter, growing 12.3% year-on-year on strong economic fundamentals and sustained manufacturing and services activity. The Exim Bank also projected non-oil exports to grow by 10.7% to reach $93.9 billion in the first quarter. Exim Bank's report underscored that an anticipated global easing of monetary tightening is expected to enhance global demand, which would provide further support to India's export growth.
09.05 / 08:07
UPS
2020
reports
Courts
rights
IBC tale of delay: Speed up insolvency resolution for this reform to shine
CRISIL states that the recovery rate under the IBC fell from 43% to 32% between March 2019 and September 2023. Average resolution time too has increased from 324 to 653 days. A tale of delay: There are several instances of delays in the disposal of creditors’ appeals.
09.05 / 08:07
Fox
Discover
Monarch
Experts
War
Monarchy
reports
400-year-old gold and silver coins found during home renovation; check how much it's worth
Live Science, Betty and Robert Fox, a couple living in Dorset, UK, had recently bought a new house that required extensive repairs. While working, workers heard a clinking noise coming from beneath the ground Initially, they assumed it was just bricks or stones, but as they continued digging, they unearthed a hidden treasure with more than 1,000 gold and silver coins.
09.05 / 08:07
UPS
CEO
Enterprise
Trade
Experts
performer
reports
Sula Vineyards share price slides over 5.5% on drop in Q4 net profit, stock near 2-month low
₹511.60 apiece during today's trading session, as investors reacted negatively to the company's performance in the March quarter. The decline in the stock price today has pushed it to trade near its lowest point in the past two months.
09.05 / 08:07
UPS
Election
electronic
reports
Updates
'Huge applause': Anand Mahindra praises election officials who set up polling station for 160 voters at 4,500 ft | Watch
Lok Sabha polls Phase 3: Amit Shah, Dimple Yadav stand at fate's crossroads "That distinction, I believe, belongs to Tashigang Village in Himachal, at an altitude of 15,256 ft," the industrialist wrote. But Anand Mahindra lauded the efforts of the polling agents. "Huge applause for the intrepid polling agents who carry democracy on their shoulders to the most remote habitations in this country".
09.05 / 08:07
CEO
Apple
President
AirPods
pop
reports
Apple after Tim Cook? A look at the likely next CEO John Ternus
Apple CEO Tim Cook is set to turn 64 this year, speculation has emerged about who could likely replace him at the helm of the tech giant. As per a recent Bloomberg report, the candidate most likely to take the post is long-time loyalist and hardware engineering chief John Ternus. Known for spearheading the Apple iPad, AirPods and latest iPhone series, Ternus' name popped up from among other suitable candidates at the company, including Chief Operating Officer (COO) Jeff Williams, Bloomberg reported.
09.05 / 08:07
markets
Target
Reuters
Election
trends
reports
International
Titan anticipates stronger gold jewellery demand in H2FY25
NEW DELHI : Rising gold prices and a series of other factors are set to challenge India's gold jewellery market in the first quarter of the current fiscal year. Demand for the precious metal is expected to be subdued due to price volatility, fewer auspicious wedding dates, and the backdrop of elections in the world's largest democracy. Despite these headwinds, Tata-backed Titan Company Ltd, which houses one of India's top jewellery brands, Tanishq, remains optimistic about the latter half of the year.
09.05 / 06:57
Aware
Death
students
Universities
reports
travelers
Department
Indian student Rupesh Chandra Chintakindi missing in Chicago since May 2; what we know so far
Indian students in American universities 'scared to travel alone', stay 'situationally aware' after 2 deaths in a week In a letter to Union Minister G. Kishan Reddy, Sadanandam appealed for assistance in locating his missing son. Kishan Reddy, the Minister for Culture, Tourism, and Development of the North Eastern Region, Government of India, wrote to the Ministry of External Affairs on May 8, requesting that the Consulate General of India (CGI) in Chicago aid in tracing Rupesh, who has been missing “@DrSJaishankar, @kishanreddybjp, Sir please speak to concern Chicago police Department about the missing of Rupesh Chandra Chintakindi.
09.05 / 06:47
Target
Booking
Research
Trade
Experts
reports
recommendations
ITC, Dabur, Godrej Consumer among top 6 FMCG picks by experts as demand outlook brightens
Marico and Dabur have jumped over 10 per cent each over the last month, while shares of Godrej Consumer Products, Britannia Industries, United Breweries and United Spirits have jumped 5-4 per cent since last month. After three consecutive sessions of gains, the Nifty FMCG index fell over a per cent in the morning trade on Thursday, May 9, on account of profit booking amid prevailing concerns over higher interest rates, sticky inflation and caution ahead of the general election outcome. Experts remain optimistic about the FMCG space as they pin hopes on revival of rural demand.
09.05 / 06:37
Death
trends
Inside
reports
Courts
Videos
Investigations
Salman Khan house firing: How the arrested fifth accused Mohammad Rafiq Chaudhary played a crucial role
Also Read: Salman Khan house firing case: Fifth accused arrested from Rajasthan "He shot a video of Salman Khan's house, then sent it to gangster Anmol Bishnoi," newswire ANI reported quoting Mumbai Crime Branch officials. "Further investigation is underway regarding the recce outside the houses of two more actors," said police. Police further added that shooters – Sagar Pal and Vicky Gupta – were apprehensive about carrying out the firing until Bishnoi reassured them that they would gain virtue by completing the task.
09.05 / 06:37
UPS
Provident
Remark
performer
reports
Q4 Results Impact: Jupiter Wagons rallies 10% to hit new high as profit jumps 155%
Jupiter Wagons rallied 10 percent to hit its record high of ₹448.75 apiece after it posted a sharp jump in its net profit for the quarter ended March 2024 (Q4FY24). The company's standalone net profit surged 155 percent to ₹104.22 crore in the March quarter, on account of higher income. It had reported a net profit of ₹40.78 crore in the same quarter last year.
09.05 / 06:37
markets
UPS
Citi
pandemic
trends
beautiful
reports
Nevermind the ghost malls. Indian retailers set to step up hiring this year
NEW DELHI : More than half of Indian retailers (52%) are planning to onboard fresh graduates this year, while two out of five (38%) retailers are seeking to recruit experienced professionals, according to a report by staffing and recruitment firm GI Group. In 2023, the retail industry experienced an 8% rise in job applications, while demand surged by 18%, indicating a strong interest in retail hiring. This was driven by retailers continuing their expansion across tier-1 and tier-2 cities.
09.05 / 06:17
Blockchain
Action
Pool
Bill
reports
Crypto mixers
US House Proposes Bill to Ban Cryptocurrency Mixers for Two Years
Democratic representatives have introduced the US Blockchain Integrity Act to tighten regulations in the cryptocurrency sphere. The act aims to crack down on cryptocurrency mixers, often utilized for illicit financial activities. Led by Sean Casten and supported by fellow Democrats, the proposed bill seeks to enact a two-year ban on cryptocurrency mixers.
09.05 / 06:17
Binance
CEO
IOTA
information
reports
Investigations
Nigeria Pushes Back Against Binance, Claims CEO’s Bribe Allegation ‘Lacks Any Iota of Substance’
Nigeria has fired back at Binance Holdings’ bribe accusation, claiming it’s a distraction to shift focus away from the exchange’s actions.
09.05 / 05:47
Target
economy
Enterprise
country
reports
inequality
PM Modi, Mukesh Ambani, Gautam Adani reshaping India to make economic superpower, striving 8% yearly growth: Report
Adani Enterprises Limited (AEL). According to a January note by American brokerage firm Cantor Fitzgerald, AEL "is at the core of everything India wants to accomplish." The company functions as an incubator for Adani's businesses. Many have been spun out and become leading players in their respective sectors.
09.05 / 05:47
markets
trends
track
cover
reports
Updates
Pharmaceuticals
Q4 results today: SBI, Asian Paints, Bharat Petroleum, and Hindustan Petroleum among 40 companies to report earnings
Q4 results today on May 9: At least 40 companies will announce their financial results for the fourth quarter of FY24 today, Thursday, May 9. Also Read | Q4 results: L&T, Tata Motors, SBI, TVS Motors among companies to declare earnings this week; check full list here The fourth quarter earnings season for this fiscal year kicked off in the second week of April 2024 and is still underway, with over 260 companies set to declare their Q4 results this week.
09.05 / 05:47
FIVE
Strategy
Enterprise
Trade
performer
reports
recommendations
Piramal Enterprises stock slips over 6% post Q4 numbers, Motilal Oswal cuts rating to 'Neutral'
Piramal Enterprises, a prominent diversified non-banking financial company (NBFC), experienced a 6.15% decline in its shares during today's intraday trade, reaching ₹839 apiece. This drop followed the company's release of its Q4 FY24 and full fiscal FY24 financial figures. The decline witnessed today has resulted in the stock losing 10.4% of its value over the course of this week.
09.05 / 05:01
UPS
Google
CEO
Gemini
reports
Features
Google's CEO Sundar Pichai unfazed by AI challenges, sets future goals: Report
Google cuts jobs globally, but expands hiring in India and Mexico Pichai admitted that errors pertaining to Gemini's image generation feature and said, "From the ground up we are retraining these models...as soon as it’s ready, we will get it out to people". Pichai revealed that the feature will be re-released in a few weeks. Pichai is set to share a vision for the company’s future at Google I/O--the company’s annual developers conference next week.
09.05 / 05:01
Man
Waters
Food
DISH
hospital
reports
International
Shawarma kills 19-year-old in Mumbai, roadside food vendors arrested; here's what happened
ANI citing the police, “the vendors have been identified as Anand Kamble and Mohammad Ahmed Raiza Shaikh." The police said that a case has been registered against the shopkeeper under sections 304 (culpable homicide not amounting to murder) and 34 of the Indian Penal Code (IPC). According to media reports, Bhokse was admitted to the hospital after he experienced stomach pain and vomiting. Although he was discharged twice, he had to be hospitalized again for a third time.
09.05 / 05:01
UPS
Target
wellness
Experts
reports
International
L&T share price down 4% post Q4 results; Should you Buy, Sell or Hold the stock?
₹4,396 crore from ₹3,987 crore in the same period the previous year. In comparison to the revenues of ₹58,335 crore recorded in the same period last year, the multinational infrastructure conglomerate's revenue from operations increased by 15% to ₹67,078.7 crore in Q4FY24. The focus remained on order in flows as well as revenue and margin guidance by Larsen & Toubro (L&T).
09.05 / 04:55
Man
Waters
security
wellness
reports
Courts
Investigations
Cruise ship worker arrested, accused of stabbing 3 people with scissors
An employee onboard a cruise ship was arrested by FBI officials in Juneau, Alaska, on Tuesday after he allegedly stabbed three people on the vessel with scissors.
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