Show Financial News
14.09 / 16:29
IPO
Digital
Amazon
CEO
Software
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instacart
Instacart was all about grocery delivery, here's how it's different now
Instacart in 2021, the grocery delivery startup's growth was cratering as its pandemic boom ebbed. The board of directors asked her to find new ways for the company to earn money. Simo, a former executive at Meta with experience in advertising, played to her strengths. She aggressively expanded Instacart's advertising business, begun in 2019, which allows food brands to pay for better placement in the company's app. Brands had questioned whether the ads were helping, so Simo commissioned studies demonstrating their efficacy, two people familiar with the company said.
14.09 / 16:29
show
Kerala's revenue collection in 2021-22 decreased by 10 per cent compared to 2017-18: CAG report
Kerala's revenue sector for the financial year 2021-22 has found that the state's revenue collection had decreased by 10 per cent from what it was in 2017-18, while the receipts from the Centre had increased. The report, tabled in the assembly on Thursday, said that during the year 2021-22, the revenue collected by the state government decreased to 59 per cent from 69 per cent in 2017-18. At the same time, the receipts from the Centre increased to 41 per cent that year from the 31 per cent in 2017-18, it said. The report also said that even though the revenue raised by the state government during the year 2021-22 shows an increase from the previous year of 2020-21, the percentage of revenue raised by it to total revenue receipts has reduced when compared with that of 2017-18, 2018-19 and 2019-20 financial years. «The revenue receipts of the state increased by Rs 19,023.41 crore during 2021-22, compared to 2020-21.
14.09 / 16:29
UPS
Lowe's
Action
NIFTY
show
Ahead of Market: 10 things that will decide D-Street action on Friday
Pertinently, while the market mood remains largely bullish, persistent selling by the FIIs and expensive valuation may put a check on further upside. Here's how analysts read the market pulse: «The market traded range-bound after touching a new high as higher-than-expected US inflation and anticipation of hawkish ECB policy meetings later today impacted investor sentiment. Concern over valuation and inflation trajectory due to increasing oil prices may navigate the market into a consolidation phase in the near-term,” Vinod Nair, Head of Research at Geojit Financial Services, said. “After rallying ~5% off the recent low, Nifty took a pause; it erased early gains, however managed to defend levels of 20k.
14.09 / 16:27
COST
Manufacturing
show
Price hikes in East to benefit select cement makers in Q2FY24
₹404, which is a whopping 21% jump on a month-on-month basis, shows data from Nomura Financial Advisory and Securities (India). One cement bag weighs 50 kg. Thus, for Q2, the East is seen leading with a 1.5% rise in prices sequentially.
14.09 / 15:45
Compilation
Align
show
country
rock
Food prices won't see sharp rise during festival season: Secretary
While the country has 85 lakh tonnes of sugar, enough for three and a half months, it has imported sufficient edible oil taking advantage of the rock bottom global prices. The September rains have allayed any concern about productivity of sugarcane in the upcoming sugar year which starts from October, Chopra added. Recently sugar prices rose due to rumours of crop failure and shortage. Data compiled by Solvent Extractors’ Association of India (SEA) showed that India imported 18.52 lakh tonnes (lt) of edible oil in August, against 13.75 lt a year ago, registering a growth of 34.69 per cent.
14.09 / 15:45
Blockchain
COST
UPS
Digital
Bitcoin
show
DeFi as a solution in times of crisis
The 2020s have been a challenging decade so far, yet the transformative power of blockchain technology offers a better path forward.
14.09 / 15:43
14.09 / 15:23
show
North Korean security disinfected Kim Jong Un's chair before meet with Vladimir Putin | Video
The protective services detail with North Korean leader Kim Jong Un spent several minutes disinfecting the chair that Kim sat during a summit with Russian President Vladimir Putin, the Kommersant newspaper reported Thursday. A video footage published by the newspaper showed a North Korean security official in white gloves wiping down Kim's black chair and spraying around an unidentified substance.
14.09 / 15:23
Twitter
show
controversy
'If anyone can show proof...' Assam CM on ₹10 crore subsidy controversy; wife to file suit against Cong MP
₹10 crore against the Congress MP. Riniki also called Congress MP's allegations as ‘slanderous campaign’ against the company with which she is associated.
14.09 / 15:13
14.09 / 14:29
J&J
band
show
Johnson & Johnson is getting rid of its script logo after more than 130 years
Johnson & Johnson is signing off on a new logo, more than 130 years after creating the old one
14.09 / 14:15
UPS
Mobile
Highways
show
India’s August oil demand up by 2.5%, 2023 growth revised lower to 239,000/bbl: S&P Global
Oil India Limited (OIL) and private sector producers contributed 0.28 MMT and 0.60 MMT, data released by the Oil Ministry showed. PPAC data shows that diesel demand dropped by 3 per cent on the month, although it was 5 per cent above the same month last year and 9 per cent above August 2019, according to S&P Global.
14.09 / 14:15
Platform
Pool
Align
show
Artha launches syndicate fund for family offices, HNIs
₹10 crore as a minimum investment, the firm said in a statement. ACF offers investors the autonomy to select and allocate funds for each deal.
14.09 / 14:15
UPS
Provident
Waters
BAY
show
cover
India, Russia explore new maritime corridors to unlock trade potential
Maritime Corridor (EMC) between Vladivostok and Chennai. Both the nations also agreed on training for seafarers in polar and Arctic waters at Russian Maritime Training Institute in Vladivostok.
14.09 / 13:49
UPS
Target
Amazon
show
Retail sales rise 0.6% in August largely due to a spike in gas prices
Shoppers stepped up their buying modestly as inflation on many items eased, but they still face a host of economic challenges over the next few months
14.09 / 13:43
UPS
Citi
awards
Actor
love
show
Adam Sandler's 'I Missed You' Tour: Presale, tickets, dates, venues
Adam Sandler will embark on his tour 'I Missed You' on October 12, 2023, and wrap it up on December 12, 2023. He will tour across the United States and Canada and present stand-up comedy shows in big cities, including, Vancouver, Las Vegas, and Denver. He will take his tour as a follow-up to the previous tour this year across the US. This tour will coincide with the release of his next Netflix movie 'Leo' in November. The trailer of the film has already been released.
14.09 / 13:37
show
country
Crude oil hits highest level this year; supply set to remain tight
Investing.com — Oil prices climbed to the year’s highest levels as expectations of growing supply tightness overshadowed concerns over weaker economic growth and rising U.S. inventories.
14.09 / 13:37
UPS
NASDAQ
CME
show
open
economic data
Wall St eyes higher open as Fed-pause bets remain unchanged after economic data
By Ankika Biswas and Shristi Achar A
14.09 / 13:11
UPS
Reuters
show
jobless claims
US retail sales, produces prices rise; jobless claims lower than forecast
NEW YORK (Reuters) — A slew of U.S. economic data showed stronger-than-expected numbers that stoked worries about sticky inflation and reinforced the view that the Federal Reserve is likely to keep interest rates higher for longer.
14.09 / 12:59
COST
UPS
Target
show
ECB raises interest rates by 25 basis points to record level
Investing.com — The European Central Bank has hiked interest rates to a record high as policymakers look to address elevated inflation in the eurozone despite signals that the region's economy is weakening.
14.09 / 12:57
UPS
Citi
Digital
Celebrity
show
social
Argentine inflation keeps soaring, putting the government on the defensive as elections near
Consumer prices in Argentina have soared 12.4% in August, compared to the previous month, a number that puts the government on the defensive a little more than a month before presidential elections in which a right-wing populist who admires Donald Trum...
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