Show Financial News

05.08 / 17:38
Provident Netflix film Hawkins show reports Stranger Things Season 5: Brett Gelman talks about the ‘secretive thing’ the cast is working on
Stranger Things Season 5 continues to build as Brett Gelman, who plays the eccentric Murray Bauman, provides an encouraging update on the upcoming season. The hit Netflix series, which first premiered in 2016 and has since captivated audiences with its blend of horror and fantasy, is currently in production for its final season, expected to wrap up the beloved show in 2025, as per a report by Screenrant.
05.08 / 17:37
Man show country social reports Videos Bangladesh crisis: One protestor steals Sheik Hasina's sarees from residence, says going to make wife the PM
Sheikh Hasina, one person took a bag full of the former Prime Minister's saree. The protests which lasted for weeks resulted in hundreds of deaths in Bangladesh with curfews being imposed and the internet being restricted. A viral video on social media showed a man with a bag on his head. When inquired, he said it contained Sheikh Hasina's saree. The man doubled down on his remarks and claimed that he would give the sarees to his wife, and make her the PM. «I am going to make my wife the PM,» he said.
05.08 / 16:47
security students Freedom show country Mint Explainer: Why India needs to have a wary eye on the Bangladesh coup
Mint goes into the details on the latest developments in Bangladesh and the implications for India. The protests were triggered by students seeking the dismantling of quota-based reservations in government jobs. The unrest snowballed after a court ruling in June reinstated reservations in government jobs.
05.08 / 15:50
markets UPS Extreme economy Trade show reports Stocks are crashing—that’s a great reason to sit tight
The red numbers in your 401(k) today might appear to vindicate warnings about an artificial-intelligence bubble and infirm economy. But don’t start tilting your portfolio toward full pessimism just yet. The S&P 500 opened down about 4% Monday, with the Nasdaq falling a larger 6%.
05.08 / 15:35
Election students show country Courts Now Bangladesh shows the risk posed by unresolved job crises
With Prime Minister Sheikh Hasina Wajed's resignation and flight and the army's assumption of power, albeit in the guise of an interim government, military rule has returned to Bangladesh over three decades after it was forced out in 1990. Parliamentary elections were held in 1991, and elected governments have held office in the country since.
05.08 / 14:15
markets UPS Aware WhatsApp show cricket Dinesh Karthik appointed SA20 league ambassador
Dinesh Karthik was on Monday appointed the league ambassador of the SA20 League. Karthik, who is the first Indian player to be associated with the South African tournament, retired from all forms of cricket earlier this year. «The league has been electric in the first two seasons with some of the world's best players on show and exciting young talent putting up their hands on the global stage,» Karthik was quoted as saying in a media release. «Karthik will be working very closely with fellow SA20 ambassador AB de Villiers and the management team to help strengthen the league's global fan base and reinforce brand awareness across key strategic markets in India and the United Kingdom,» the release added.
05.08 / 13:30
markets show Department Updates This week: consumer credit snapshot, unemployment claims, mortgage rates
The Federal Reserve issues its latest snapshot of consumer borrowing on Wednesday
05.08 / 12:49
UPS Puzzle trends show social reports Govt jobs lure younger rural workers, older generations prefer salaried roles
State Rural Youth Employment report by Global Development Incubator (GDI), Global Opportunity Youth Network (GOYN), and Development Intelligence Unit (DIU). Among rural men aged 18-25, 31% prefer government jobs, while 28% of women in the same age bracket express the same preference. This interest drops significantly to 19% for men and 11% for women in the 26-35 age group.
05.08 / 12:48
IPO band show Ola Electric’s public offering fully subscribed on Day 2
Ola Electric’s initial public offering (IPO) was fully subscribed as of Monday evening, data from the BSE showed. As of 4:57 pm, the retail portion of the offering was over-subscribed nearly three times. The non-institutional investors portion was also slightly oversubscribed at 1.11 times the number of shares offered. The shares reserved for employees saw the steepest oversubscription, at nearly nine times the shares on offer. Qualified institutional buyers (QIBs) trailed all other subscription categories with a 40% subscription.
05.08 / 12:46
President show track reports Department International Bangladesh Air Force flight becomes most tracked flight as PM Sheikh Hasina flees Dhaka
Bangladesh Air Force's flight 'AJAX1431', possibly carrying former Prime Minister Sheikh Hasina, has become the most-tracked flight on Flightradar24. Departing from Dhaka, the flight attracted significant attention, with over 22,000 users closely monitoring its journey. Real-time data from the flight tracking portal showed 'AJAX1431' gaining immense interest. Media reports speculated that Hasina might flee to India or the UK. At the time of publishing, the flight was moving across Bihar.
05.08 / 12:16
markets UPS economy Opinion wellness show The Fed should cut rates swiftly — recession or not
Federal Reserve is to act with urgency, cutting its policy rate a percentage point to 4.25%-4.5% by the end of the year in the name of risk management. It’s a level of easing that the Fed is likely to undertake even if the rise in unemployment ends up being somewhat benign since we no longer need such restrictive rates to tame inflation. It makes sense to frontload those rate cuts rather than run the risk of being too slow to act to forestall worse economic outcomes. If we really are heading into recession, there’s not much disagreement on what the Fed should do: Cut interest rates a lot and fast. That’s where market pricing has shifted after a rocky week of economic data. Interest rate futures suggest the Fed will cut its policy rate by over 200 basis points by the end of 2025, taking the fed funds rate down near 3%. This seems reasonable based on what we’ve seen in prior recessions.
05.08 / 12:03
UPS Analysis Research show performer testing Yes, AI is going to take your job
Just a few months ago, an MIT paper by Andrew W. Lo and Jillian Ross discussed Generative AI and Financial Advice in a case study. It certainly made our industry sit up and take notice – “An LLM (Large Language Model) can role-play a financial advisor convincingly and often accurately for a client,” they wrote.
05.08 / 11:34
community Bill show country reports rights Several opposition leaders vow to oppose any bill to amend Waqf Act
The bill to amend the Wakf Act, 1995, if it is introduced and passed, will make it mandatory for the Waqf boards to register their properties with the district collectors to ensure their actual valuation. There are 30 Waqf boards in the country. The sources on Sunday pointed out that the revenue generated by all Waqf properties is estimated at Rs 200 crore per annum. This is not in sync with the number of properties such bodies have, they said.
05.08 / 10:31
UPS Provident Booking show information Department Switch to consultant from employee and you can save tax on half your income
₹25 lakh of your ₹50 lakh turnover as income to be taxed, whereas you have made investments worth ₹30 lakh. Logically, how can you invest more than your income?" Karan Batra, founder of Chartered Club, agreed. “Now AIS (annual information statement) shows your investments and big-ticket expenses, which makes it easier to tally," Batra said.
05.08 / 10:27
COST Target Booking trends show shock Why SBI is comfortably placed despite slow growth in deposits
₹3.7 trillion with an available for sale (AFS) portfolio of ₹2.8 trillion, which can be sold to fund the growth in advances if needed. Therefore, the bank does not feel the need to raise deposits through aggressive pricing. Even though the net interest margin (NIM) in percentage terms came down by 12 basis points year-on-year to 3.35%, the lower growth in deposits vis-a-vis advances meant that absolute net interest income rose by 5.7% to ₹41,135 crore.
05.08 / 09:58
Provident economy Sustainability trends show performer reports Mint Tracker: Indian economy steady in June but consumer segment remains fragile
Mint in June compared to their performance six months ago, as per the latest Mint macro tacker. Eight of these indicators were above their five-year average trends, whereas three were below it. In comparison to six months ago, only six of these indicators were above their five-year average and four were below it.
05.08 / 09:46
Progressive Extreme economy Election show country inequality Kaushik Basu: Future generations would be aghast at today’s inequality
While there are many ways to measure economic inequality, key metrics consistently show that disparities are getting worse. According to a recent United Nations report, 71% of the world’s population now live in countries where inequality has increased. Unsurprisingly, this includes India and China.
05.08 / 09:29
UPS Target Food trends band show Headlines Why food inflation cannot be excluded from target inflation
inflation minus the food and beverages category—was both lower and less volatile than overall headline inflation. By April 2023, non-food inflation had fallen within the Reserve Bank of India's upper tolerance band of 6%, and by September 2023, it was slightly below the 4% target. Headline inflation, on the other hand, has remained around 5% since early 2024.
05.08 / 07:49
markets UPS Food Trade show reports Varun Beverages shares down 3.47% as Nifty drops
Varun Beverages Ltd. traded 3.47 per cent down in Monday's trade at 12:22PM (IST). Around 243,364 shares changed hands on the counter. The counter opened at Rs 1521.0 and touched an intraday high and low of Rs 1549.5 and Rs 1500.0, respectively, in the session so far. The stock of Varun Beverages Ltd. quoted a 52-week high of Rs 1707.1 and a 52-week low of Rs 802.0.
05.08 / 07:15
UPS Waters Manufacturing Food show reports Videos Drones airdrop biryani for dogs stranded in Tamil Nadu. Watch Video
A video from Tamil Nadu's landslide-affected regions has gone viral, showing drones airdropping food for stranded dogs. According to the report, the dogs were trapped near the Mettur dam. The pack of seven dogs had been stuck in the area for three days without food, the report added.
05.08 / 06:41
COST UPS Compilation show International India's services growth slows a touch but still solid, PMI shows
job creation, despite elevated cost pressures pushing up selling-price inflation to a seven-year high, a survey showed. The HSBC final India Services Purchasing Managers' Index, compiled by S&P Global, fell marginally to 60.3 in July from 60.5 in June and was considerably below a preliminary estimate of 61.1. However, the overall pace of expansion was sharp and the index remained above the 50-mark that separates contraction from expansion for the 36th straight month.

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