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17.10 / 23:53
17.10 / 23:23
17.10 / 20:33
Citi
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pandemic
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2020
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Car thefts in US jump by over 8 per cent, reveals FBI data
Car thefts are on the rise in the US, with Federal Bureau of Investigation (FBI) data revealing the latest trends in crime. In the United States last year, almost a million vehicles, valued at over $20 billion, were stolen.
17.10 / 20:03
17.10 / 20:03
Citi
Aware
Enterprise
show
information
reports
guidelines
Karnataka Bank set to recover over 50% of Coffee Day global debt
Karnataka Bank is set to recover more than half its dues this month-end from the debt sale of Coffee Day Global, said people aware of the development. The unlisted company operates the Cafe Coffee Day chain across India. The bank has received a binding offer from Rare Asset Reconstruction Company (ARC), triggering a Swiss challenge auction.
17.10 / 20:03
UPS
Lowe's
Cooper
show
country
Rush for gold cash amid need for cold cash
Gold loan companies are seeing a surge in demand from semiurban and rural areas ahead of the festive season, with small businesses and individuals monetising their holdings to raise funds amid a general credit crunch. The recent rally in gold prices following the developments in West Asia has also made such loans attractive by raising eligibility. “There is completely no fear of Covid in this year’s festive season.
17.10 / 19:34
COST
UPS
economy
show
electronic
reports
Department
Retail sales rise solid 0.7% in September, reflecting US shoppers' resilience despite higher prices
Americans showed their steadfast resilience and kept spending in September even as they grappled with higher prices, interest rates and a host of other headwinds piling up
17.10 / 19:33
UPS
Booking
Tesla
Chevrolet
show
blues
General Motors delays electric pickup truck production at plant near Detroit as US EV demand slows
General Motors will delay electric pickup truck production at a factory near Detroit due to slowing U.S. demand for electric vehicles, to better manage its capital investments, and to make some engineering changes
17.10 / 19:33
BLOCK
Highways
show
track
reports
recommendations
Broken rail caused Colorado train derailment that collapsed bridge, preliminary findings show
Federal authorities say a broken rail caused a train derailment that collapsed a bridge over a Colorado highway
17.10 / 19:33
COST
Target
Cooper
Ford
Mobile
show
Stellantis cancels presentation at Las Vegas technology show due to UAW strike impact
Stellantis has said it will be canceling its participation in next year’s CES technology show in Las Vegas due to the “mounting” costs of the ongoing auto workers strike in North America
17.10 / 19:27
Provident
show
reports
NOT
RBI fines ICICI, Kotak Mahindra Bank for not complying with norms
Reserve Bank of India has slapped fines of ₹12.19 crore on ICICI Bank and ₹3.95 crore on Kotak Mahindra Bank for non-compliance with various central bank directions. ICICI Bank has been penalised for contraventions pertaining to loans and advances-statutory and non-compliance with RBI directions on fraud classification and reporting, the central bank said on Tuesday. Kotak Mahindra Bank has been fined for non-compliance with directions on managing risks and the code of conduct in outsourcing of financial services by banks as well as failure to comply with RBI directions on recovery agents and customer service. In ICICI Bank's case, examination of risk assessment reports showed that the lender had sanctioned loans to companies in which two of its directors were also directors, marketed the sale of non-financial products and failed to report frauds to the RBI within mandatory timelines. Kotak Mahindra Bank, meanwhile, had failed to carry out due diligence of a service provider and was also unable to ensure that customers were contacted after 7 p.m. and before 7 a.m., the RBI said.
17.10 / 19:27
Caseys
show
‘Not Dead Yet’ Season 2: All you may want to know
Not Dead Yet," which premiered in February 2023, excited fans with Gina Rodriguez's new comedy role. The show was created by David Windsor and Casey Johnson, with Gina Rodriguez serving as an executive producer alongside Mary Viola, Corey Marsh, Dean Holland, and the creators of the series. Here is an update on what we know about the second season.
17.10 / 19:25
17.10 / 18:59
Lowe's
Reuters
Progressive
economy
Boeing
pandemic
show
Time
UK regular pay growth slows for first time since January
job vacancies also declined, official figures showed on Tuesday, in a sign that the labour market is losing momentum. British average earnings, excluding bonuses, were 7.8% higher than a year earlier during the three months to August, down from an upwardly revised 7.9% in the three months to July, the first such fall since January. Average earnings are being monitored by the Bank of England as it considers whether to resume raising interest rates to counter the risks from still-high inflation. The latest reading from Britain's Office for National Statistics was in line with expectations from economists polled by Reuters, but sterling fell slightly against the U.S. dollar after the data. «While wage growth is still much too strong for the Bank of England's liking, there's nothing in the latest data that's likely to push the committee into a rate hike at the November meeting,» ING economist James Smith said. Private-sector regular pay — the component looked at most closely by the BoE — saw annual growth slow to 8.0% in the three months to August, from 8.1%. Annual growth in total pay — a more volatile measure which includes one-off bonuses — slowed more than expected to 8.1% in the quarter through August, from an unrevised 8.5% in the May to July period. However, with consumer price inflation of 6.7% in August, the real-terms increase in pay was far smaller. Regular pay, adjusted for CPI inflation, grew by an annual 0.7% in the three months to August.
17.10 / 18:59
show
prevention
Oil prices gain ahead of Biden's visit to Israel
Joe Biden to the Middle East that is likely to involve balancing support for Israel with trying to prevent any regional escalation of its war with Hamas. Following a drop of more than a dollar on Monday, Brent futures rose $0.74 to $90.39 a barrel.
17.10 / 18:53
COST
UPS
Manufacturing
Action
show
Ceat may face margin risk along the way
₹456 crore. In comparison, revenue growth was muted at 5.5% to ₹3,053 crore. Q2 volume growth of 7% was aided by strong demand from original equipment manufacturers for festive inventory.
17.10 / 18:09
Assurant
WhatsApp
show
pension
Govt may amend pension scheme
₹2.34 trillion. What makes the old pension scheme adopted by many states politically attractive is that it offers an assured benefit to the retiree, fixed at 50% of the last drawn basic pay.
17.10 / 18:05
17.10 / 17:51
Provident
Strategy
economy
WhatsApp
show
reports
‘Ten of 14 Lightbox cos to clock profit in 1 year’
Mumbai: Lightbox India Advisors Pvt. Ltd expects 10 out of its 14 portfolio companies in India to turn profitable over the next year, a top executive at the venture capital firm said. The company, which entered India in 2014 by acquiring six portfolio firms of venture firms Kleiner Perkins Caufield & Byers (KPCB) and Ram Shriram-led Sherpalo Ventures, has raised $450 million across three funds over the last decade and has backed the likes of Dunzo and Rebel Foods.
17.10 / 17:51
Action
BURST
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President
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prevention
What to expect from US President Biden's visit to Israel amid war with Hamas?
US Secretary of State Anthony Blinken, and later in nan official statement from White House said that US President Joe Biden will visit Israel Wednesday in a show of "ironclad" support. The statement also noted that Washington is trying to prevent the escalating war against Hamas in Gaza from spilling into a wider West Asia conflict.
17.10 / 17:51
COST
economy
RIO
show
country
Faster, higher, stronger? Games and the economy
NEW DELHI : Prime Minister Narendra Modi on Sunday confirmed that India will formally bid for hosting the 2036 Olympic Games. How much does it cost to host the 16-day event and is it worth the effort? Mint evaluates the economic implications of a successful bid. The members of the International Olympic Committee choose the host through a secret ballot where the majority vote gets to be the host.
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