Show Financial News
31.08 / 18:35
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Citi
Target
Compilation
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performer
Data recap: GDP growth, LPG price cut, Maruti’s plans
Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. The Indian economy reported a strong performance in the quarter ended June on the back of services sector growth, while the government announced a price cut of ₹200 on LPG gas cylinders. Maruti Suzuki is planning to invest ₹45,000 crore to boost production.
31.08 / 18:25
UPS
Target
FIVE
Manufacturing
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boost
services
GDP expands 7.8% on services boost
NEW DELHI : The Indian economy expanded 7.8% in the first quarter of the current fiscal year on higher government and private capital expenditure and strong services growth, official estimates released on Thursday showed. A Mint poll of 22 economists had estimated the growth in gross domestic product (GDP) at around 7.8%. In the fourth quarter of 2022-23, GDP growth stood at 6.1% against a 4.4% growth rate witnessed in the preceding three months, according to data from the National Statistics Office (NSO).
31.08 / 18:25
31.08 / 18:19
UPS
Citi
Provident
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Govt to unveil new sops for urban housing
NEW DELHI : Centre will unveil a new interest subvention scheme for urban housing in September, union minister for housing and urban affairs Hardeep Singh Puri said. Addressing a press conference, Puri said the scheme is almost ready. “We are fleshing out the details of the scheme and then it will be in public.
31.08 / 18:19
UPS
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MET
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Centre’s fiscal deficit crosses a third of full-year target in Jul
NEW DELHI : The government’s fiscal deficit has crossed ₹6 trillion or a third of the ₹17.9 trillion estimated in the union budget for FY24, data from the Comptroller General of Accounts (CGA) showed on Thursday. Fiscal deficit—the gap between spending and receipts, met through borrowings—stood at 33.9% of the full- year target in July, aided by strong tax and non-tax revenue receipts. Fiscal deficit in the first four months of FY23 was at 20.5% of the full-year target.
31.08 / 18:15
Action
Remark
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Adventure
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stage
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One Piece Season 2: Is the live-action adaptation renewed for another season on Netflix? Here’s everything we know
One Piece on Netflix has created considerable excitement among fans. However, while viewers eagerly await news about the future adventures of the Straw Hat Pirates, patience is key. Netflix has yet to officially confirm the renewal of One Piece, and it might be several weeks before any further updates surface. In the meantime, here's everything we know about One Piece season 2 on Netflix. One Piece stands as one of the most globally renowned media franchises, having held a prominent position in the world of manga and anime for over two decades.
31.08 / 18:15
Provident
Action
Instagram
show
social
song
Selena Gomez removes Instagram post. Here's the reason behind move
Selena Gomez's Instagram profile has removed a post that tagged the superstar's Hulu series «Only Murders in the Building». This was done following accusations from several followers regarding potential violation of SAG-AFTRA strike regulations.
31.08 / 17:43
COST
UPS
Digital
CEO
Platform
Align
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Get a loan against your MFs but be wary of the caveats
Systematic investment plans through mutual funds (MFs) are the best way to meet your long-term financial goals. Financial planners or advisers will vouch for that. Yet, not many retail investors stay committed to their long-term plans. Only 54% of retail money remained invested in equity mutual funds for more than two years in 2020, as per data from the Association of Mutual Funds in India. The rest was redeemed for various reasons. Notably, investors do have the option of borrowing money against their MF units. Not many are exercising this option. Thus, a very small fraction of assets under management of the MF industry has been pledged. Firms like Bajaj Finance and Mirae Asset Financial Services, and startups such as VoltMoney are now working to change this scenario.
31.08 / 17:17
Amazon
Actor
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voice
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exclusive
Takeshi's Castle on Amazon Prime Video: See what commentators Romesh Ranganathan and Tom Davis say about working together
Takeshi's Castle, the iconic challenge game show of the late eighties and early nineties, has been rebooted for Amazon Prime Video. The new version of Takeshi's Castle premiered on Amazon Prime Video on August 30, 2023. Comedians Romesh Ranganathan and Tom Davis are the commentators on Takeshi's Castle for viewers in the UK. In an exclusive interview with Express UK, actor and comedian Romesh Ranganathan talked about working with fellow funnyman Tom Davis on the reboot of the Japanese game show. «He's one of my very best friends in the world!» said Romesh of Tom. He is obviously thrilled to be working with one of his best friends to voice the English version of Takeshi's Castle.
31.08 / 17:11
Lowe's
Hyundai
Highways
Arrow
show
Inside
With an EV, I Had to Learn to Drive All Over Again
National Highway Traffic Safety Administration has set guidelines for “quiet cars" to protect pedestrians—especially people who are blind or have low vision. Under 19 mph, the cars must emit some sound. My Mach-E beeps when I reverse.
31.08 / 16:56
COST
Lowe's
FIVE
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week
The average long-term US mortgage rate fell to 7.18% this week, easing from more than 20-year high
The average long-term U.S. mortgage rate declined this week after climbing five consecutive weeks to a more than 20-year high, a modest relief for would-be homebuyers challenged by rising home prices and a thin inventory of homes on the market
31.08 / 16:55
Provident
Lowe's
Entertainment
Hawaiian
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Oprah Winfrey and Dwayne Johnson launch fund with $10 million for displaced Maui residents
Oprah Winfrey and Dwayne Johnson have committed $10 million to make direct payments to people on Maui who are unable to return to their homes because of the wildfires
31.08 / 16:45
31.08 / 16:39
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performer
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classical
Modi meets grandmaster Praggnanandhaa, says India’s youth can conquer any domain
Narendra Modi on Thursday after meeting18-year-old chess prodigy R Praggnanandhaa and congratulating him on his brilliant performance at the International Chess Federation (FIDE). On social media platform X, Modi said that Praggnanandhaa personify passion and perseverance. The prime minister said, “Had very special visitors at 7, LKM today.
31.08 / 16:39
Digital
Google
Platform
Strategy
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UPI crosses 10 billion monthly transactions, confirms NPCI
UPI), crossed 10 billion monthly transactions in August, confirmed the Reserve Bank’s non-profit agency, National Payments Corporation of India (NPCI). In a tweet, the body confirmed that payments made on UPI crossed this feat on Wednesday. Monthly transaction count on UPI crossed 10.24 billion on 30 August, with net transaction value of ₹15.18 trillion.
31.08 / 16:09
Waters
Aware
awards
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country
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Philippines, Malaysia, Vietnam and Taiwan join India in rejecting China's new map
India in rejecting China's new national map, issuing strongly worded statements accusing Beijing of claiming their territory. China published a new version of its national map on Monday to correct what Beijing has in the past referred to as «problematic maps» that it claims misrepresent its territorial borders. India on Tuesday lodged a strong protest with China over its so-called «standard map» laying claim over Arunachal Pradesh and the Aksai Chin, and asserted that such steps only complicate the resolution of the boundary question. The External Affairs Ministry also rejected China's claims as having «no basis». «Just making absurd claims does not make other people's territories yours,» External Affairs Minister S Jaishankar said while reacting to the Chinese move. The Philippine government on Thursday slammed China's 2023 edition of its so-called «standard map» that still shows swaths of Philippine features in the West Philippine Sea. The Chinese Ministry of Natural Resources issued on August 28 a controversial map that includes the nine-dash line, now a 10-dash line, that supposedly shows China's boundaries in the South China Sea. «This latest attempt to legitimise China's purported sovereignty and jurisdiction over Philippine features and maritime zones has no basis under international law, particularly the 1982 United Nations Convention on the Law of the Sea (UNCLOS),» Foreign Affairs Spokesperson Ma.
31.08 / 16:09
FIVE
Manufacturing
Honda
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country
classical
Mid-size motorcycle segment in India is in a sweet spot, Royal Enfield to roll out e-bike by 2025: Siddhartha Lal
Siddhartha Lal, managing director, Eicher Motors. Speaking a day before the launch of the iconic Royal Enfield Bullet on Friday, Lal said India already accounts for half the mid-weight motorcycles (250-750 cc) globally. “We saw (early on) that markets like India will become more premium with affordability going up,” he said.
31.08 / 16:09
UPS
DOW
Action
NIFTY
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Ahead of Market: 10 things that will decide stock action on Friday
Here's how analysts read the market pulse: «A slew of weak economic indicators from the US, including a softened GDP figure, have heightened the likelihood of a pause in the Fed’s rate tightening, resulting in a downward trajectory of bond yields. However, this development had a limited impact on domestic sentiment on the day of expiry, with the market experiencing declines ahead of the release of India's GDP data, scheduled for today,” Vinod Nair, Head of Research at Geojit Financial Services, said. “Snapping a five-month winning streak, Nifty has entered into a corrective phase and has lost ~2.3% this month; recoveries during the month remained short-lived as levels of 19,500 consistently acted as a hurdle zone.
31.08 / 15:57
Facebook
UPS
Twitter
TikTok
Instagram
show
social
Social networks aren’t social any longer, nor even networks really
ChatGPT rocketing to a million users in five days and 100 million in two months. No sooner had the world let out its collective breath, the second bolt thundered in on 5 July 2023, obliterating ChatGPT’s record, with Meta’s social media app warping past the 100 million download mark in just five days. Admittedly, Threads had an unfair advantage, it had a 2.3 billion strong user launchpad in the form of Instagram, and all it had to do was get less than 5% of Insta users to sign up for Threads.
31.08 / 15:31
UPS
Waters
Manufacturing
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performer
India shows an impressive 7.8% economic growth in April-June quarter
India’s economy has clocked up impressive growth of 7.8% in the first quarter of the current financial year, mainly due to good performance by the agricultural and financial sectors
31.08 / 15:13
Remark
Southern
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star
James Webb telescope's stunning images reveal secrets of the universe
NASA unveiled a collection of breathtaking photos acquired by the James Webb Telescope that shed light on a number of cosmic events. A fading star is surrounded by a cloud of gas and dust in one of the photos, known as the Southern Ring Nebula. These fine details have been brought to life by the telescope's high-resolution imagery, exposing the nebula's intricate structure for the first time. Another image shows a group of galaxy clusters, known as SMACS 0723.
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