Show Financial News

21.08 / 19:19
Ball Adventure film show Netflix's live-action One Piece series: See release date, cast, plot, production details and more
Netflix is set to release a live-action adaptation of Eiichiro Oda's iconic manga, One Piece, in August 2023. The series has been highly anticipated since it was first announced by Tomorrow Studios in January 2020. Here's a summary of what we know about the One Piece series so far.
21.08 / 19:19
UPS Provident Progressive Aware show reform Centre Centre links interest-free capex loans to states’ reform rollout
NEW DELHI : A central scheme for states introduced during the early days of the covid-19 outbreak to provide interest-free capital-expenditure (capex) loans will now come with strings attached as the government attempts to nudge states to implement specific reforms. Out of the ₹80,000 crore earmarked this fiscal for the ‘Special Assistance to States for Capital Investment’ scheme, ₹40,000 crore has already been disbursed without conditions; of the rest, ₹30,000 crore will be disbursed only if states can show progress on reforms or present specific project proposals, two people aware of the plan said on condition of anonymity.
21.08 / 19:19
Platform Apple Parke show performer country cover Netflix’s Baby Fever: Danish series gets green light for season 2
Netflix has officially ordered a second season for the Danish medical drama series, marking over a year since its initial debut. The six-part series, which landed on Netflix on June 8, 2022, centers on a fertility doctor, Josephine Park, who unintentionally inseminates herself with her former boyfriend's sperm after a night of drinking.
21.08 / 18:51
UPS CEO Strategy Metro awards show performer Stellantis Stellantis threatened to move RAM 1500 production to Mexico, union leader says
United Auto Workers (UAW) union Vice President, Rich Boyer revealed Sunday that Dodge-Chrysler parent Stellantis NV (NYSE:STLA) threatened to relocate production of their Ram 1500 pickup trucks from its location in metro Detroit to a facility in Mexico.
21.08 / 18:07
Booking NIFTY Discover SENSEX show track jio financial Financial Selling by funds spoils Jio Financial market debut
Nifty and the Sensex will sell almost 150 million shares on its imminent exit from benchmark indices. However, analysts said the stock would likely turn attractive once the near-term pricing pressure abates, thanks to its ability to leverage the ₹1 trillion of net worth bestowed in the form of Reliance Industries Ltd (RIL) treasury stock that emanates from the 2002 merger of Reliance Petroleum Ltd with RIL.
21.08 / 17:57
Provident Target Reuters Compilation show track country Saudi border guards killed hundreds of Ethiopian migrants, HRW says
HRW) said on Monday. In a 73-page report, the rights group said Saudi guards used explosive weapons to kill some migrants and shot at others from close range. It compiled testimony from 38 Ethiopians who tried to cross the Yemen-Saudi border between March 2022 and June 2023, as well as four relatives or friends of migrants. Human Rights Watch said attacks against groups of migrants, who used remote mountain tracks to cross into Saudi Arabia by foot, were «widespread and systematic» and that the «killings are continuing». A Saudi official, who did not provide their name, said on Monday in an emailed response to questions to the government's media office that HRW's allegations were «unfounded and not based on reliable sources.» Saudi authorities have also strongly denied allegations made by U.N.
21.08 / 17:57
Aware Platform Action RAI show track Delhi govt officer accused of rape Kejriwal administration's favourite, handpicked as OSD: BJP
BJP on Monday attacked the AAP government over the arrest of a WCD department officer on charges of raping a minor and demanded resignation of minister Kailash Gahlot, claiming the accused worked as his OSD when he was heading the department. No immediate reaction was available from Gahlot over the issue. «The officer charged with raping a minor was serving as the OSD to the Minister of Women and Child Development (WCD).
21.08 / 17:57
COST Platform show country cover Why should OTTs pay fees to telcos?
'Netflex Your OTT Muscles', by V Sridhar, Rohit Prasad and Mansi Kedia. In the piece, the authors argued that OTTs that are large traffic generators (LTGs) should pay a fee to telecom companies for the capex investment they make to support the traffic generated by OTT video services. The arguments to justify this, unfortunately, included various alternative facts and some misplaced theories, and are flawed for several reasons. Customers are paying telcos data charges for watching OTT platforms. Isn't the value of the telecom service linked to the demand for OTT apps, and if these are taken off, would customers stick to a particular network? OTTs are being told that the fee is a fair share of the capex investment in the network.
21.08 / 17:57
UPS Pride show folk Use a motor vehicle rule for messaging
Uttar Pradesh chief minister Adityanath of being shy of wearing his identity on his sleeve. But kudos to the yogi for telling it as it is — there's a time and place to flaunt your 'identity pride', and car bumpers are certainly not the place.
21.08 / 17:37
Twitter Platform Mobile Instagram show stage track Meta’s Threads App to Launch Web Version as Rivalry With X Enters New Stage
Meta Platforms plans to launch a web version of microblogging app Threads early this week, the biggest new feature to be introduced on its competitor to Elon Musk’s X. The desktop version would address one of the biggest of a long wish list of features users have sought for Threads. The text-first social-media app appeared on track to be a smash hit out of the gate when Meta launched a bare-bones version in early July, but use of it has plunged in recent weeks.
21.08 / 17:29
Citi Provident Platform Entertainment Pinduoduo show Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Alibaba Group Holding and JD.com this year have embarked on campaigns to promote low-price goods to cater to penny-pinching shoppers through new services and incentives for merchants. In May, Alibaba’s flagship platform Taobao launched “Taobao Good Price" within the app where users can buy low-price merchandise such as butter cookies for 40 cents a box and rubber gloves for 14 cents a pair. During this year’s June 18 Shopping Festival, an annual e-commerce event, Taobao required merchants to offer at least a 10% discount for the goods they were selling and gave priority to merchandise at lower prices or with steeper discounts.
21.08 / 16:39
UPS Target show country Central banks may need greater flexibility in targeting inflation
India’s latest inflation number at 7.4% comes as a shocker, with doom-speak all around. This is so because we have been talking of getting to 4%, which was axiomatically taken to be the ideal mark. This is analogous to the US, which has a target of 2%.
21.08 / 16:39
UPS Target Enterprise show stage JK Cement investors may need to tone down high expectations
₹3,031 crore in Q1FY24 from ₹2,910 crore in Q4FY23 mainly due to additional borrowing for the Ujjain project. While the management believes that net debt has peaked, analysts feel that an update/timeline on de-leveraging would be helpful. “Considering the capital expenditure (capex) lined-up for FY24 and FY25, we don’t expect faster debt reduction, thus weighing on free cash flow generation," said Mangesh Bhadang, senior vice-president, Centrum Broking Ltd.
21.08 / 16:39
UPS Action Fighting Align show folk businesses Struggling educational businesses should get strategic
covid pandemic is not the only culprit. The higher education sector has problems of declining student enrolment (barring medical colleges) and financial challenges that require radical changes in the way it functions. A financial stress test will probably confirm that more colleges face closure.
21.08 / 16:39
UPS show Titan accelerates on CaratLane
₹4,621 crore. The transaction pegs CaratLane’s valuation at about ₹17,000 crore. For Titan, increasing the stake in CaratLane is a step in the right direction.
21.08 / 16:39
COST Manufacturing Strategy Apple show country electronic Manufacturing hub ambitions aren’t served by statist policies
Narendra Modi came to power in 2014. From being a net importer, India has become a net exporter of handsets. Elsewhere in Asia, the contest is over semiconductors.
21.08 / 16:25
UPS Citi Compilation COMPOSITE show Euro zone bond yields jump as US 10-year yields scale 15-year highs
bond yields across the euro area rose sharply on Monday as benchmark U.S. 10-year Treasury yields climbed to fresh 15-year highs on a view that interest rates will remain higher for longer than initially anticipated. That eclipsed some soft German data and demand for safe-haven assets due to concerns about China's economy. Bond prices move inversely with yields. The 10-year U.S.
21.08 / 15:59
UPS NASDAQ NVIDIA show performer Ahead of Market: 10 things that will determine D-Street action on Tuesday
Here's how analysts read the market pulse: “A rebound in the global market after a significant correction prompted buying in domestic equities, particularly within the IT sector. However, the potential for volatility to linger in the near term remains due to the increasing dollar index and elevated US bond yields, fueled by concerns about rate hikes. “Investors are keenly observing the commentary from the Fed Chair during its forthcoming summer conference for interest rate insights.
21.08 / 15:59
COST Target FIVE show country electronic foreign India’s foreign trade down 2.5% on-yr in Jan-June: GTRI
exports and imports of goods and services declined 2.5% on-year in January-June 2023 at $800.9 billion, think tank Global Trade Research Initiative (GTRI) said Monday. Exports of goods and services rose 1.5% to $385.4 billion in the first six months of the calendar year as against $379.5 billion in the corresponding period a year ago while imports dipped 5.9% to $415.5 billion from $441.7 billion in January-June 2022. In merchandise trade, exports fell 8.1% to $218.7 billion, while imports contracted 8.3% to $325.7 billion. “Data is showing modest decline due to weak global demand and losing competitiveness in labour intensive sectors,” said GTRI Co-founder Ajay Srivastava. Services exports during the six months grew 17.7% to $166.7 billion, while imports rose 3.7% to $89.8 billion. India exports goods to 240 countries and out of that, the country's outbound shipments declined in 134 destinations. Major countries where exports declined include the US, UAE, China, Bangladesh, and Germany.

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