Show Financial News
01.08 / 19:33
UPS
Aviat
Airlines
show
Qantas complaints in a league of their own, unpublished data shows
The number of Qantas passengers disgruntled about refunds, being unable to use $400 million worth of credits issued since the pandemic, poor service and flight cancellations continued to soar in 2022, as pressure mounts on the government to act on competition in the aviation sector.
01.08 / 19:05
Booking
COP
show
country
reform
Reform policing
This week began with an outbreak of communal violence on the outskirts of India’s national capital region. On Monday, a religious procession led by a Hindu right-wing outfit in a Muslim-populated area saw clashes erupt, with mob lawlessness spreading to streets in Gurugram barely 40km south of Parliament House, and a local mosque set ablaze late at night. As seen in multiple cases before, what stood out starkly was the role of law enforcers.
01.08 / 19:05
COST
UPS
Lowe's
Gap
show
Low
Low savings rates drive shift to FDs
Customers are increasingly shifting funds from low-yielding savings accounts to fixed deposits (FDs) because of the widening interest rate gap between the two, increasing deposit costs for lenders. While savings interest rates have remained largely unchanged in the past three years, banks have significantly raised interest rates on time deposits to attract customers. For example, State Bank of India (SBI), the country’s largest lender, offers 2.7-3% on savings deposits, similar to what it paid in early 2020, while providing 6.8% on one to less than two-year term deposits.
01.08 / 19:05
COST
love
show
performer
social
fun
Horoscope Today: Money astrological predictions for August 2, 2023
Ganesha says today will be spent in many activities and will get good results. It is the right time to materialize your future plans. At this time you will get a good opportunity to show your skills.
01.08 / 18:41
Digital
Google
PwC
show
country
UPI records 9.96 billion transactions in July worth Rs 15.34 lakh crore
UPI) registered 9.96 billion transactions in July, with the total value for the month hitting Rs 15.34 lakh crore, according to data from the National Payments Corporation of India (NPCI). This shows a 6.6% jump in the number of transactions via UPI from 9.34 billion in June.
01.08 / 18:41
COST
Lowe's
Manufacturing
show
country
Industry activity remains strong on new export orders
Manufacturing activity continued its strong momentum in July even as a marginally softer rate of expansion in output and new orders brought down the PMI reading for the month to 57.7 from 57.8 in June. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) for July released on Tuesday pointed to an improvement in overall operating conditions for the 25th straight month. In PMI parlance, a print above 50 means expansion while a score below 50 indicates contraction.
01.08 / 17:09
UPS
Digital
Progressive
Deloitte
show
Centre
Centre, states collect ₹1.65 tn in GST; Delhi’s growth fastest
₹1.65 trillion in Goods and Services Tax (GST) revenue in July, an 11% improvement over the year- ago period, official data showed on Tuesday. This is the fifth time GST revenue collection has crossed the ₹1.6 trillion mark, said the finance ministry. The government’s estimate for average monthly collection this fiscal is ₹1.65 trillion.c After settlement for inter-state sales, the Centre collected ₹69,558 crore and states ₹70,811 crore from GST in July, the finance ministry statement said.
01.08 / 17:09
Provident
Williams
Manufacturing
Dreams
show
Time
NOT
It Might Not Be Quitting Time Yet for the Fed’s Rate Hawks
Not as many Americans are quitting their jobs each month as last year. That might mean the Federal Reserve can quit worrying so much about wage inflation. The Labor Department on Tuesday reported that a seasonally adjusted 3.8 million people quit their jobs in June, down from 4.1 million in May.
01.08 / 17:09
COST
UPS
Lowe's
FIVE
Manufacturing
show
Capex: Are India Inc’s animal spirits back?
CHENNAI : Last time corporate India unleashed its animal spirits, the economy grew at its fastest pace ever. That was almost two decades ago. The period between 2002 and 2008 saw huge investments from private companies as they expanded their manufacturing footprint and acquired companies overseas.
01.08 / 16:41
01.08 / 16:31
Provident
Booking
show
Thermax Q1: Revenue growth at 17%, consolidated PAT stands at Rs. 60 crore, major order wins
Thermax, a leading energy and environment solutions provider, reported a consolidated operating revenue of Rs. 1,933 crore in Q1 FY 2023-24, marking a 17% increase compared to the previous fiscal year's corresponding quarter. The company's consolidated profit after tax (PAT) reached Rs.
01.08 / 16:31
COST
UPS
Manufacturing
show
performer
star
July factory production stays robust despite dip
NEW DELHI : Manufacturing activity in July dipped slightly as compared to the previous month while maintaining a strong growth momentum driven by a sharp uptick in new export orders, a private survey on Tuesday said. S&P Global said that India’s purchasing managers’ index (PMI) for manufacturing fell to 57.7 in July, down from 57.8 in June, and 58.7 in May. A figure of 50 separates expansion from contraction.
01.08 / 16:01
Citi
Provident
Twitter
FIVE
Platform
Warner Bros
show
social
#NoBarbenheimer? Warner Bros issues apology after Barbie movie account responds to memes featuring atom bomb images; Here’s what happened
Warner Bros has issued an apology after the official Barbie Movie account responded to Barbenheimer memes featuring atomic bomb images. Some images portrayed Margot Robbie with a mushroom cloud hairstyle, to which the account replied, «This Ken is a stylist.» The movie Barbie is set to premiere in Japan on August 11, just five days after the 78th anniversary of the Hiroshima atomic bomb attack, causing the hashtag #NoBarbenheimer to trend on social media platforms in Japan for the past week with internet users flagging their concerns with the memes. Another meme image showing Cillian Murphy, who played Robert Oppenheimer, known as the «father of the atomic bomb,» carrying Ms Robbie through a burning city also sparked outrage. The official Barbie movie account replied, «It's going to be a summer to be remembered.»
01.08 / 16:01
Provident
show
voice
Government to revamp Kisan Call Centers with advanced communication technologies amid decline in calls
Agriculture Minister Narendra Singh Tomar on Tuesday said his ministry has decided to revamp call centres by using advanced technologies to provide contextually relevant and customised technical solutions to farmers. Tomar, in his written reply to the Lok Sabha, said advanced communication tools like a chatbot, video calling, two-way video/audio clips, two-way SMS, artificial intelligence/machine learning (AI/ML) based Decision Support Systems (DSS) will be used to support real-time response to farmers' queries.
01.08 / 15:49
Lowe's
Reuters
show
fall
Low
US job openings fall to more than two-year low in June
job openings fell to the lowest level in more than two years in June, but remained at levels consistent with tight labor market conditions despite hefty interest rate increases from the Federal Reserve to dampen demand. Job openings, a measure of labor demand, dropped 34,000 to 9.582 million on the last day of June, the lowest level since April 2021, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS report, on Tuesday.
01.08 / 15:49
NASDAQ
Manufacturing
Action
show
Ahead of the Market: 10 things that will determine D-Street action on Wednesday
Here's how analysts interpret the market pulse: «Domestic indices traded with a negative bias below the flattish trend, influenced by global peers. Despite this, mid- and small-cap stocks continued to outperform the benchmark index. IT stocks rallied amid hopes of a soft landing for the US economy.
01.08 / 15:35
MET
POT
Instagram
Actor
show
Who is Suzanne Somers’ husband Alan Hamel? See how the couple met and more
Suzanne Somers, a renowned actor and author, has been a valiant fighter in her ongoing battle with cancer. Recently, she took to Instagram on July 31, 2023, sharing a heartwarming photo of herself alongside her beloved husband, Alan Hamel, sparking interest in her health among fans after her absence from work.
01.08 / 15:11
COST
UPS
CEO
show
Premium
Diageo
Diageo serves up profit rise with more premium spirits in the mix
brands offset lower volumes. The world's largest spirits maker tapped into higher demand from amateur cocktail makers during the COVID-19 pandemic that has driven at-home sales since. Households began trading up along the way, investing in brands such as Bulleit Bourbon and Don Julio tequila.
01.08 / 15:07
Reuters
Booking
Mobile
Invesco
show
valuation
US investment firm Vanguard cuts Ola's valuation further to $3.5 billion
Vanguard Group have cut the value of their holdings in ANI Technologies, the parent firm of ride-hailing startup Ola, to $3.5 billion – down over 50% from a peak of $7.3 billion – regulatory filings made by the investor with the US Securities and Exchange Commission (SEC) on Monday showed. The latest filing reflected Ola’s valuation as of May 31 in the investor’s books.
01.08 / 15:03
UPS
Citi
VISA
show
country
raid
Countries Raid Each Others’ Health Systems in Global Battle for Nurses
A global shortage of healthcare workers is setting off a bruising worldwide battle for talent, as rich countries raid other nations’ medical systems for staff to care for their aging populations. The competition has helped countries such as the U.S. and Australia replace some nurses who quit in record numbers during the height of the Covid-19 pandemic.
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