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America’s utilities prepare for a nuclear threat to the grid

America’s utilities prepare for a nuclear threat to the grid

Finance
WHEN North Korea said on September 3rd that it had developed a hydrogen bomb, adding that it could be used for a “super-powerful” high-altitude electromagnetic pulse (HEMP) attack, America’s electricity industry was already on alert. Sceptics tend to dismiss as far-fetched the idea that the rogue regime would knock out the electricity grid by detonating a nuclear bomb high in the atmosphere. Regulators have not mandated safety measures. But the utilities are taking it seriously enough.They are more than a year into a three-year programme, funded by about 60 electricity firms, to understand the potential impact of a HEMP attack on the generation and transmission of electricity, and to find ways to shield the network. Such concerns are not new. In 1962, when America exploded nuclear devices
Home launches in Bangalore decline due to RERA

Home launches in Bangalore decline due to RERA

Finance
BENGALURU: Residential property market is Bangalore is been impacted due to implementation of real estate regulatory act. However the city is inching towards recovery. As per Colliers International’s research, the performance of Bengaluru’s residential market post RERA, in H1 2017, the city ranked second in total residential launches in India with about 13,400 new unit launches. The market faced a notable drop of 23% compared to H1 2016. Moreover, the strong office sector performance in Bengaluru indicated a healthy demand scenario for the residential sector in medium-to- long term. The Karnataka RERA received about 977 applications for registration of projects and about 273 for registration of real estate agents as of 24th August, 2017. However, the numbers of project registrations an
Validea Peter Lynch Strategy Daily Upgrade Report – 9/8/2017

Validea Peter Lynch Strategy Daily Upgrade Report – 9/8/2017

Finance
Shutterstock photoThe following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.TORONTO-DOMINION BANK ( TD ) is a large-cap value stock in the Money Center Banks industry. The rating according to our strategy based on Peter Lynch changed from 0% to 81% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.Company Description: Toronto-Dominion Bank (the Bank) is a Canada-based bank, which operates in the North America. It is an online f...
With Florida, Georgia under evacuation orders, here's how to change travel plans

With Florida, Georgia under evacuation orders, here's how to change travel plans

Finance
As forecasters issue hurricane and storm-surge watches for parts of Florida, airlines and cruiselines are making it easier for U.S. travelers to troubleshoot their plans and stay out of Hurricane Irma's way.The latest advisories from the National Oceanic and Atmospheric Administration's National Hurricane Center predict that the "potentially catastrophic" Category 5 storm will move over Turks and Caicos and southeastern Bahamas by late Thursday."Some fluctuations in intensity are likely during the next day or two, but Irma is forecast to remain a powerful category 4 or 5 hurricane during the next couple of days," according to the advisory.A long list of areas are under hurricane warnings, including parts of the Dominican Republic, Haiti and the Bahamas; areas under a hurricane watch now in...
EPFO may pump in Rs 250-300 billion in equities during FY18

EPFO may pump in Rs 250-300 billion in equities during FY18

Finance
MUMBAI: Emerging as a significant source of investments into capital markets, Employees Provident Fund Organisation (EPFO) is likely to pump in Rs 250-300 billion in equities in 2017-18 with Rs 57 billion already invested this year so far, says a report. According to global brokerage Morgan Stanley, besides EPFO, the National Pension Scheme (NPS) is also among the sources for driving the domestic flow surge, which has been positive for the past 17 months. "NPS' pension assets stood at $ 30 billion at the end of July. We estimate their equity assets to be at USD 3.5 billion," the report said. The report noted that EPFO, which has raised its equity allocation to 15 per cent in the current fiscal from 10 per cent in 2016-17, is "likely to invest Rs 250-300 billion in equities in 2017-18 ...