Show Financial News
16.08 / 11:19
COST
Citi
Remark
show
Fed minutes to reveal preference for tightening
A record of the Federal Reserve’s July policy meeting due Wednesday is set to show only a minority of officials favored holding interest rates steady over the remainder of the year, according to Bloomberg Economics.
16.08 / 11:17
Apple
Align
show
end
Apple iOS 17 update relocates the red end call button again: Report
Apple has relocated the position of the red end call button from the lower right to lower middle of the screen. Previously, a report surfaced that pointed out that with the beta release of iOS 17, the call button was aligned right side. Reportedly, the repositioning of call screen controls by Apple appears to have been aimed at creating space for the Contact Posters, a novel feature of iOS 17.
16.08 / 11:17
Provident
Merit
Action
Injustice
show
NCLAT seeks RBI response on plea of former promoter of Srei Infra Finance
RBI) to submit in three weeks their response on a plea by Adisri Commercial, the former promoter of Srei Infrastructure Finance, against an earlier NCLAT order. The NCLAT had rejected an earlier plea by the company challenging the insolvency order passed by the Kolkata bench of National Company Law Tribunal (NCLT) on 8 October 2021. In their plea, the promoters had submitted that substantial injustice was caused to Srei and its shareholders by the Kolkata NCLT’s October order which admitted the company into insolvency.
16.08 / 11:17
Lowe's
Enterprise
show
Adani Ports, Dr Reddy’s, Adani Ent shares among top 10 largecap stocks that mutual funds bought and sold in July
₹4,171.44 crore. This is against the outflow of ₹1,880 crore in large-cap funds during the same period. The month also saw notable changes in the sector and stock allocation of funds.
16.08 / 11:17
COST
Waves
Target
Boeing
show
U.K. Inflation Slows in July, But Still a Worry
lending rate to 5.25%, its highest level since February 2008. The central bank next meets in late September and is expected to raise rates again. The BOE will get one more consumer-price index reading, for the month of August, before that meeting.
16.08 / 11:17
Waves
Manufacturing
Racing
Continental
show
country
blues
Race to Control Electric-Vehicle Supply Chains Leads to Africa
lithium that are key to the energy transition. That has led to growing concerns among Western governments, including in Washington, about their dependence on Beijing. Now, some Western companies and investors are starting to build processing plants in Africa so they can refine the raw materials they mine on the continent locally and export them directly to Europe and the U.S.
16.08 / 10:29
COST
Progressive
Manufacturing
Matthews
Parke
show
Timber waste recycling hopeful goes bust, Mitsui appoints receivers
An Australian timber wastes recycling business which had begun exporting wood pellets across the globe has tumbled into administration, with Japanese powerhouse Mitsui then appointing receivers.
16.08 / 09:21
Target
CEO
show
fall
European shares reverse losses as insurers shine, yields fall
Aviva and Admiral Group and by easing bond yields. The pan-European STOXX 600 advanced 0.2%, after closing at its lowest level in more than a month on Tuesday. European insurers added 0.5% as Admiral Group jumped 8.0% after the British motor and home insurer posted a marginal rise in its first-half pre-tax profit.
16.08 / 09:21
COST
Reuters
McDonald's
Subway
show
Amid high prices, tomatoes go missing from Burger King India outlets
Burger King outlets in India, patrons are no longer getting tomatoes in their wraps and burgers amid persisting high prices. Notices pasted at two Burger King India outlets read, «Even tomatoes need a vacation… we are unable to add tomatoes to our food,», Reuters reported on August 16. Burger King is one of India's biggest burger chains with nearly 400 outlets.
16.08 / 09:19
16.08 / 09:09
UPS
Citi
Provident
show
Claimed HRA in ITR below Rs 1 lakh to evade PAN submission? You can get an Income Tax Notice
Salaried employees living on rent are allowed to claim deductions against the House Rent Allowance (HRA) provided by employers. For rent paid up to Rs 1 lakh, salaried employees are not required to submit their landlords’ Permanent Account Numbers (PANs). However, claiming a fake HRA deduction by showing below Rs 1 lakh rent to evade PAN submission can trigger a notice from the Income Tax Department.
16.08 / 08:57
16.08 / 08:57
16.08 / 08:31
UPS
Lowe's
Action
show
cover
Gina ‘special project devalued children’s assets’
A once-confidential memo written by Gina Rinehart about a “special project” she was undertaking has been used by lawyers to accuse her of an egregious breach of fiduciary duties and signing the death warrant for a company set up by her father Lang Hancock.
16.08 / 07:17
UPS
Target
Manufacturing
UBS
show
country
China may 'miss the 5%' growth target this year as downside risks spread
BEIJING — Without more stimulus, China is increasingly likely to miss its growth target of around 5% this year, economists said.
16.08 / 07:11
Progressive
Platform
Action
show
cover
social
WA gas talks sour as European gas prices jump again
Offshore workers at Woodside Energy-run gas platforms off Western Australia may vote as early as Thursday on industrial action after critical talks with the company appear to devolve into acrimony.
16.08 / 07:11
UPS
Digital
show
voice
audience
Profits down 27pc at Seven, but Matildas delivering ‘halo effect’
A 12 per cent collapse in the television advertising market in the first six months of 2023 capped off a challenging year for Seven West Media, which posted a 27 per cent fall in profits and slight decline in revenue.
16.08 / 06:57
Lowe's
SENSEX
show
Drop
Vedanta shares drop 1.74% as Sensex falls
Vedanta Ltd. traded 1.74 per cent down at Rs 234.05 at 12:02PM (IST) on Wednesday, even as BSE benchmark Sensex dropped 131.17 points to 65270.75.
16.08 / 06:57
Target
FIVE
CEO
Vodafone
show
fall
Vodafone Idea shares fall over 3% as Q1 net loss widens to Rs 7,840 crore
Vodafone Idea (Vi) fell over 3% to Rs 8 in Wednesday's trade on BSE after the telecom operator reported a loss of Rs 7,840 crore for the quarter ended June 2023, which is higher than Rs 7,297 crore reported in the year-ago quarter and Rs 6,419 crore in the preceding March quarter. However, its revenue from operations rose by a marginal 2% to Rs 10,655 crore in the first quarter, compared with Rs 10,410 crore in the same quarter of last year. ARPU for the first quarter came in at Rs 139 as against Rs 135 in the previous quarter, showing a sequential growth of 2.9%.
16.08 / 06:57
UPS
Lowe's
NIFTY
show
SBI Card shares down 0.49% as Nifty drops
SBI Cards and Payment Services Ltd. traded 0.49 per cent down in Wednesday's trade at 12:12PM (IST). Around 13,412 shares changed hands on the counter.
16.08 / 06:57
UPS
Manufacturing
Strategy
show
performer
Here's why Vinod Karki is bullish on the auto sector
«If you see the list, we have gone across market. I mean, you will find companies from large cap, midcap, small cap over there where such factors are exhibited by these companies,» says Vinod Karki, ICICI Securities.GARP, first walk us through how are these stocks screened and what is the rationale behind identifying this strategy? Yes, that is absolutely right and it is growth at reasonable price, basically, that is the acronym.
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