COST Financial News
20.01 / 14:03
COST
Ripple
Ball
Matthews
Take-Two
Experts
reports
GTA 6 might hit a $100 price tag. Experts speculate Rockstar could rewrite the rules of gaming economics, but when?
Rockstar Games' highly anticipated Grand Theft Auto 6 might set a bold new benchmark in pricing—potentially becoming the first major title to debut at a $100 base price. With unprecedented hype surrounding its 2025 release, this move could redefine the economics of AAA games and ripple across the industry.
20.01 / 11:23
COST
FIVE
wellness
information
reports
In charts: How India’s IT giants fared in their weakest quarter
Subscribe to enjoy similar stories. As India’s leading information technology firms release their quarterly earnings, the picture remains subdued. Revenue growth continues to lag, and the absence of major deals, coupled with persistent attrition, underscores the sector’s ongoing challenges.
20.01 / 11:23
COST
UPS
Metro
show
prevention
Metro Brands had a decent Q3 but remains in the slow growth lane
Subscribe to enjoy similar stories. Metro Brands Ltd’s results for the quarter ending December (Q3FY25) showed a decent improvement on some counts. For instance, while revenue per square foot continued to drop year-on-year, the 1% decline was the slowest in the past seven quarters.
20.01 / 10:25
markets
COST
Strategy
Food
Nestle
performer
reports
5 worst performing stocks in the Nifty 100 in 2024
Subscribe to enjoy similar stories. “The market is a pendulum that forever swings between unsustainable optimism and unjustified pessimism," said Benjamin Graham The Nifty 100 is a benchmark stock market index in India that tracks the performance of the top 100 companies listed on the National Stock Exchange (NSE). It is a broader index compared to the Nifty 50 and represents the combined performance of the Nifty 50 and Nifty Next 50 stocks.
20.01 / 03:39
markets
COST
Manufacturing
security
Research
War
Drone makers looking to steer clear of China fear Beijing’s Wrath
Subscribe to enjoy similar stories. China dominates the global market for the small, inexpensive drones that have transformed the world’s battlefields—and Beijing hasn’t been shy about keeping the industry under its thumb. For U.S.
20.01 / 03:31
COST
UPS
Analysis
Trade
Experts
reports
RBL Bank shares in focus after Q3 net profit plummets 86% YoY to 33 cr
RBL Bank’s net profit plunged 86% year-on-year (YoY) to Rs 33 crore in the December quarter, down from Rs 233 crore in the same period last year, mainly due to issues in its microloan portfolio. The private sector bank, which has faced challenging quarters because of higher credit costs, reported a net profit of Rs 231 crore in the September quarter.
20.01 / 02:33
COST
Citizens
Pool
shooting
social
2020
prevention
The world is getting riskier. Americans don’t want to pay for it.
Subscribe to enjoy similar stories. Insurance is one of finance’s great gifts to mankind. Through the statistical magic of risk pooling, an individual can obtain peace of mind and protection against devastating loss.
20.01 / 01:49
markets
COST
Provident
cover
hospital
Features
Health insurance riders vs add-ons - Know the difference, which one to add to your mediclaim policy depending on your medical needs
health insurance online, just before making the final payment, you are presented with an array of ‘riders’ and ‘add-ons’ that can be tagged on for an extra amount. These include a wide variety of benefits, including hospital cash or consumables, no-claim bonus, OPD care, room rent waiver, maternity benefit, health check-up and restoration of sum insured, among several others.
20.01 / 00:51
COST
Booking
security
wellness
performer
prevention
Kotak Bank: Lower cost of funds prevents margin slide
Subscribe to enjoy similar stories. Kotak Mahindra Bank Ltd’s standalone cost of funds has fallen quarter-on-quarter (q-o-q) to 5.06% in the December quarter (Q3FY25) from 5.15% as it benefited from cutting the savings account deposit rate by 50 basis points (bps) to 3% for balances under ₹5 lakh in October. Hence, the bank could marginally increase its net interest margin (NIM) to 4.93% in Q3 from 4.91% in Q2 despite the pressure on yield on advances.
20.01 / 00:51
COST
Provident
Aware
Gap
security
Death
cover
Insurance coverage under PMJJBY and PMSBY may be doubled in the upcoming budget
Subscribe to enjoy similar stories. New Delhi: The Central government may more than double the insurance coverage under its schemes, the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and the Pradhan Mantri Suraksha Bima Yojana (PMSBY), in the upcoming budget, two people aware of the matter told Mint. The initiative aims to strengthen financial security, especially for individuals from economically weaker sections, while advancing the vision of 'Insurance for All by 2047,' ensuring comprehensive insurance access for every individual and business in India, the people mentioned above added.
20.01 / 00:51
markets
COST
UPS
Manufacturing
innovations
guidelines
Plans for battery swapping policy on backburner
Subscribe to enjoy similar stories. A federal policy to encourage battery swapping for electric vehicles may go on the backburner, two people aware of the matter said, in the backdrop of industry fears that forcing common standards is not practical and will hurt innovation. Swapping drained batteries for new ones is seen as an idea to encourage the adoption of electric vehicles, since batteries take much longer to charge than filling up at a fuel station.
20.01 / 00:45
markets
COST
Digital
Progressive
security
Analysis
Trade
Digital Ops Embargo: Kotak Bank says most of the work is done
Kotak Mahindra Bank has indicated that the Reserve Bank of India (RBI) is reviewing the progress of its technology upgrades. The bank's management said that while it is in regular communication with the regulator, it cannot predict when the embargo on its digital ops would be lifted. «We are in constant touch with the RBI, we constantly give them updates and meet them, they do their own evaluation and this has been helpful,» Ashok Vaswani, managing director, Kotak Mahindra Bank, told analysts. «They (RBI) have provided us guidance. It's very hard to say at what stage the RBI will say we are going to lift you out of jail, I honestly don't know. Most of the work has been done.»
19.01 / 20:25
markets
COST
Manufacturing
Strategy
PAM
electronic
testing
budget 2025
Budget 2025: Simplified tariff structure, lower tax on electronics sector's wish list
Budget 2025: The electronics industry, one of India’s largest export sectors, is hoping for major reforms in the upcoming Union Budget. With nearly all mobile phones sold in India now made locally, electronics manufacturing output reached $115 billion in FY24, with $29 billion coming from exports. The industry has set an ambitious target of achieving $500 billion in output by 2030.
19.01 / 20:25
markets
COST
Digital
security
Strategy
Experts
PAM
Digital Edge DC in talks to raise ₹2,400 cr for Mumbai project
Digital Edge DC, a National Investment and Infrastructure Fund (NIIF)-backed entity to fund part of its data centre project in Navi Mumbai, indicating higher preference among lenders to fund secured assets.
19.01 / 18:49
19.01 / 16:35
COST
Citi
Booking
Metro
reports
travelers
Kumbh Mela 2025: A family shares how they saved big money on flights and hotels at Prayagraj
Prayagraj, particularly during the Maha Kumbh mela, as direct round-trip flights to the city were priced between Rs 35,000 and rs 40,000. By opting for a more economical alternative, he managed to cut costs significantly while still ensuring a comfortable journey.
19.01 / 15:03
markets
COST
Action
Strategy
President
Experts
Donald Trump to declare national energy emergency on Day 1; here's what it is and how it will impact you
Donald Trump prepares to take office for his second term, one of his most immediate actions is set to be the declaration of a national energy emergency. This declaration is part of his broader strategy to reduce energy costs significantly and ramp up domestic energy production. Trump's commitment to declare a national energy emergency stems from his promise to cut electric and gasoline prices by 50% within his first year.
19.01 / 12:39
19.01 / 07:19
COST
Analysis
Food
Trade
Experts
rights
Zomato Q3 Results Preview: Revenue may jump 66% YoY; rapid store additions to aid Blinkit growth
Revenue from operations in the third quarter is expected to grow 66% YoY, according to the average estimate of four brokerages, while profit after tax (PAT) may increase 55% YoY.
19.01 / 07:19
markets
COST
Digital
Strategy
Experts
PAM
UK adds one more hurdle in its immigration process. You may have to shell out more soon
Certificate of Sponsorship (COS), among others. The cost of a COS, which is required to be paid by employers who sponsor foreign nationals under the Skilled Worker Route, is expected to more than double from £ 239 to £ 525, says a Fragomen report.
19.01 / 06:03
markets
COST
UPS
Digital
Strategy
Cycling
performer
Reliance back on growth path, multiple catalysts to drive performance, say brokerages
Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said. Oil-to-telecom-and-retail conglomerate's highest-ever EBITDA of Rs 43,800 crore in October-December 2024 — the third quarter of April 2024 to March 2025 fiscal (FY25) — best estimates on strong showing across segments. In particular, this was driven by strength in oil-to-chemical (O2C), which is made up of oil refineries and petrochemical plans, and recovery in consumer retail.
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