Show Financial News
03.01 / 03:48
Manufacturing
ICE
show
country
electronic
gatherings
US seizes more illegal e-cigarettes, but thousands of new ones are launching
U.S. officials are seizing more shipments of unauthorized electronic cigarettes
03.01 / 03:47
Death
show
performer
patient
medicines
Researchers develop new protein risk score to predict death from heart failure
risk score to predict the chances of death for persons with heart failure. Heart failure is a complex clinical syndrome with high mortality rates, the researchers said. Current risk approaches that capture the biological complexity of the heart failure and show clinical utility are limited, they said.
03.01 / 03:47
FIVE
Cooper
Waters
show
country
reports
travelers
Traffic
Houthis show no sign of ending 'reckless' Red Sea attacks as trade traffic picks up, commander says
The top commander of U.S. naval forces in the Middle East says Iranian-backed Houthi rebels are showing no signs of ending their “reckless” attacks on commercial ships in the Red Sea
03.01 / 03:46
Citi
Manufacturing
economy
pandemic
show
country
reports
China's manufacturing activity slows in December in sign the economy is struggling
A survey of factory managers in China shows manufacturing contracted in December in the latest sign the world's second-largest economy remains sluggish
03.01 / 03:43
FIVE
Manufacturing
Apple
economy
NVIDIA
show
reports
2024
Stock market today: Wall Street slumps to start 2024 and gives back some of last year's big gains
Wall Street started 2024 with a slump, giving back some of its powerful gains from the year before
03.01 / 03:40
03.01 / 03:39
Citi
Platform
Mobile
Coronavirus
pandemic
show
Department
Souvenir sellers have flooded the Brooklyn Bridge. Now the city is banning them
New York City will ban vendors from the Brooklyn Bridge starting Wednesday
03.01 / 03:28
Citi
Waters
show
country
reports
shock
evacuation
Updates
Japan earthquake toll hits 62; thousands sheltered, rescue ops on amid aftershocks: 10 updates
central Japan on New Year's Day has reached 62, a local government official said, adding that more than 300 injuries have also been reported, of which 20 are severe, AFP reported. Thousands of homes were destroyed, and water, power, and cell phone service were still down in some areas due to aftershocks. Residents expressed sorrow about their uncertain futures.
03.01 / 02:49
Provident
Reuters
Manufacturing
President
Experts
show
track
Oil prices rise on disruption fears after latest Red Sea attack
Oil prices rose in the first session of the new year, boosted by potential disruption to Middle Eastern supply after the latest attack on a container ship in the Red Sea, and by Chinese demand hopes. Brent crude was up 49 cents, or 0.6%, to $77.53 a barrel at 1432 GMT. U.S.
03.01 / 01:52
Citi
Assurant
Highways
Death
show
country
reports
Hit-and-run law: All you need to know about nationwide protest by truckers
Bharatiya Nyaya Sanhita (BNS), a recently enacted criminal code. The focal point of contention within this legal structure pertains to the increased penalties for hit-and-run incidents, a provision vehemently criticized by truckers who refer to it as a “kaala kanoon" or “black law." Here is a comprehensive overview of the protests and how they were terminated.
03.01 / 00:54
FIVE
Aware
show
cover
reports
How Ola Electric scored a 40% market share in December
₹20,000 on the S1 X+ electric scooter, its cheapest offering in the market, as it moved to grab a larger share of the e-two-wheeler market ahead of a potential public listing early this year. While there were negligible discounts on the TVS iQube and Bajaj Chetak after the festive season, Hero’s Vida V1 and Ather’s 450 range of scooters had cash discounts of just ₹6,500, according to a report by Motilal Oswal. Ola was followed in the market share pecking order by TVS Motor (16.2%) and Bajaj Auto (13.7%).
03.01 / 00:54
BLOCK
economy
Experts
show
country
reports
Indian tea exports hit a trough during April-November 2023
NEW DELHI : India saw a slump in its tea export earnings during April-November 2023 amid regulatory challenges in Iran, a large market, and due to the ongoing Ukraine crisis impacting exports to the CIS (Commonwealth of Independent States) and Western European region, latest data from the commerce ministry showed. India exported tea worth $531.63 million between April and November 2023, down from $562 million in the year-ago period, according to official data from the Niryat Portal. Geopolitical disturbances, especially in Middle East and Ukraine, subdued economic conditions along with a drop in export prices have led to a decline in export earnings for the commodity, experts said.
03.01 / 00:47
Provident
Digital
CEO
Platform
Interface
show
exclusive
Fintechs add 1.3 million new mutual fund SIPs in November
Groww, AngelOne and PhonePe are emerging as top distributors of mutual fund products, adding lakhs of new systematic investment plans (SIPs) every month. They drew in nearly half the new SIPs opened in November 2023, according to data from asset management companies shared exclusively with ET. The Association of Mutual Funds of India (AMFI) noted that over 3 million new SIPs were created in November 2023, of which around 1.3 million were opened on fintech platforms, according to industry estimates. Groww opened more than 700,000 new SIPs while more than 200,000 were generated by AngelOne and over 120,000 by PhonePe. Paytm Money, the wealth management subsidiary of Paytm, generated around 76,000 new SIPs in November.
03.01 / 00:07
economy
NVIDIA
show
performer
country
recommendations
RBC warns US recession risk remains high; equities vulnerable
Equity markets have gone up so quickly that they’re highly vulnerable to a pullback if the US economy slips into even a mild recession, according to Royal Bank of Canada’s fund management arm.
03.01 / 00:06
Provident
CEO
Airlines
Pool
show
social
Department
Catholic 401(k) MEP will screen funds for morality
A Catholic values group plans to launch a multiple employer 401(k) plan this month that is compliant with the church’s teachings.
02.01 / 23:46
Target
Manufacturing
Strategy
Tesla
show
exclusive
Rivian's Fourth-Quarter Delivery Shortfall Sends Shares Tumbling
Quiver Quantitative — Rivian Automotive (NASDAQ:RIVN) faced a challenging close to 2023, missing fourth-quarter delivery targets and witnessing a sharp decline in its share value. The electric vehicle (EV) maker delivered 13,972 vehicles in the quarter, falling short of the anticipated 14,430 units. This underperformance, attributed to heightened competition and soaring interest rates in the U.S., prompted a nearly 10% drop in Rivian's stock.
02.01 / 21:43
02.01 / 21:42
Citi
Citigroup
show
performer
Short squeeze chances are increasing - Citi
Traders navigating bearish bets in the US stock market face the looming threat of a short squeeze, according to Citigroup Inc. strategists.
02.01 / 20:37
show
reports
Oil and gas sector contributes Rs 3.4 trillion to govt kitty in H1FY24
The country’s petroleum sector contributed Rs 3.41 trillion to the exchequer in the first half of the current financial year, down 4.6% on year, according to the latest data released by the Petroleum Planning and Analysis Cell. Of this, the sector contributed Rs 1.85 trillion to the centre and Rs 1.56 lakh crore to the states.
02.01 / 19:30
Manufacturing
Enterprise
show
reports
medicines
'Over 15% of medicines made by small companies are of poor quality'
medicines produced by small companies in India failed to meet quality standards compared with the national average of about 2%, says a government report on a recent survey. In the government's latest risk-based inspections of micro, small and medium enterprises (MSMEs), which have been on since December 2022, of the 271 samples analysed, 41 (15.1%) were declared to be not of standard quality (NSQ), says the report, which has been reviewed by ET. A person in the know said 30% of the MSME units inspected were issued a stop production order (SPO). «A strong correlation has been seen between the NSQ and MSME units,» the person said. The Central Drugs Standard Control Organisation (CDSCO), along with state drug inspectors, has been carrying out inspections as part of a nationwide crackdown on spurious and substandard drugs. At present, phase IV of risk-based inspections is on. «Monthly NSQ data shows repeat failures for a company with the same product, and same product with multiple companies month-on-month,» another person said. India's drug regulator had earlier pointed to an urgent need to review the good manufacturing practices (GMP) regulations and quality management systems being followed by pharmaceutical companies during the inspections. In August last year, health minister Mansukh Mandaviya had announced that companies with a turnover of '250 crore and more will have to implement the revised GMP within six months. Medium and small-scale enterprises with a turnover of less than '250 crore will have to implement it within a year.
02.01 / 19:28
Provident
Digital
Mobile
economy
show
country
'Indian telcos have enough headroom to increase tariffs'
telecom tariffs are amongst the lowest in the world as a percentage of per capita gross national income (GNIpc), and the country's telcos have enough headroom to raise prices by at least 1.5x over the next 4-5 years, industry executives and analysts said. GNIpc is the dollar-value of a country's final income in a year divided by its population.
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