COST Financial News

01.08 / 07:31
COST UPS Manufacturing Gap economy show reports Is Uttar Pradesh stuck with low women's participation in its labour force?
The state of Uttar Pradesh is deceptively large. Working-age women (20-59 years) in the state—about 57 million in 2021—outnumber the entire population of countries like Canada, Australia, Malaysia, and South Korea. The state has more women aged 20-29 than the combined population of Norway, Finland and Denmark.
01.08 / 07:15
COST BLOCK Platform Bitcoin reports Riot Platforms Riot Platforms Reports Q2 Loss After Bitcoin Halving
Bitcoin mining firm Riot Platforms reports a total revenue of $70.0 million from the $76.7 million recorded in the same period last year. The drop is due to the Bitcoin halving event in April.
01.08 / 04:21
COST UPS SUN Trade Fresh Peak! Sensex soars past 82,000 for the first time; Nifty scales Mt 25K
Nifty crossed the 25,000 milestone for the first time while Sensex zoomed past the 82,000 level to yet another record high. At 9:23 am, the BSE Sensex was trading 345 points, or 0.42%, higher at 82,043. The Nifty50 was up 117 points, or 0.47%, trading at 25,068.
31.07 / 21:19
COST CEO Airlines wellness Department Updates Delta CEO says airline is facing $500 million in costs from global tech outage
Delta CEO Ed Bastian says the airline is facing $500 million in costs for the global technology breakdown this month
31.07 / 21:11
markets COST UPS ADP trends Department Paychecks grew more slowly this spring, a sign inflation may keep cooling
Pay and benefits for America’s workers grew more slowly in the April-June quarter than in the first three months of the year, a trend that could keep price pressures in check and encourage the inflation-fighters at the Federal Reserve
31.07 / 18:54
markets COST Target Progressive economy Election exclusive The Federal Reserve sees cooler inflation and slower job market, suggesting a rate cut is nearing
The Federal Reserve says that greater progress has been made in reducing inflation to its 2% target
31.07 / 18:19
markets COST UPS trends show Lending and deposit rate moderate sequentially
repo rate increase since May 2022 is still under way, some banks have even lowered lending rates and deposit rates sequentially, central bank data showed.
31.07 / 16:30
COST UPS Provident security Mobile economy community Manipur: Govt allocates Rs 2900 crores for strengthening and supporting state police in state budget 2024-25
law and order crisis, Manipur chief minister N Biren Singh stated that in state budget 2024-25 for strengthening and supporting State Police Rs 2900 crores are allocated adding that Centre had also approved to provide IT services in violence affected districts.
31.07 / 15:47
COST Election WhatsApp Trade country Nuvoco Vistas’ profit slumps by 80% in June quarter
Nuvoco Vistas Corp, a leading producer of cement in east India, saw its consolidated net profit slump by more than 80% on year to 2.84 crore rupees in the June quarter, weighed down by lower volumes and weaker prices during the quarter. The fifth largest cement group in the country sold 4.8 million tonne of cement during the quarter, down from 5 million tonne in the comparable period a year ago. Its consolidated revenue from operations for the period was Rs 2,636 crores, down more than 6% from the previous year.
31.07 / 15:22
markets COST Strategy Trade country cover Equality EU suggestion on India’s carbon tax will not help local companies: GTRI
GTRI) Wednesday suggested India to use a twin strategy of a calibrated retaliation mechanism (CRM) to retaliate in equal measure and renaming some ongoing schemes as carbon taxes to deal with the EU’s climate taxes. It said that the EU’s suggestion that India could avoid its carbon tax by imposing a similar levy locally, will not help the domestic players much, as they would still be liable for the duty for their exports to the bloc.
31.07 / 15:04
COST UPS Waves Enterprise show Satin Credit care Q1 Results: Net profit up 20% at Rs 105 crore
Satin Creditcare Network's consolidated net profit for the June quarter stood at Rs 105 crore against Rs 88 crore in the year ago period, reflecting a 20% year-on-year rise, despite a muted quarter and higher delinquencies. Operating profit jumped 60% at Rs 213 crore as compared with Rs 133 crore for the same period, helped by a 38% rise in net interest income at Rs 383 crore.
31.07 / 15:02
COST Airlines Assurant Justice Courts Delhi HC asks SpiceJet's CFO to appear before it if airline fails to make balance payment to its engine lessors
Court on Wednesday directed SpiceJet Ltd's chief financial officer to appear before it on August 8, if the airline failed to make the balance payment of Rs 20 crore to its engine lessors--Team France 01 SAS and Sunbird France 02 SAS.
31.07 / 13:30
markets COST UPS Fighting Food Trade reports Why did Licious cross the road?
Mint caught up with the 40-something culinary expert in a busy market in the city’s Mahadevapura locality, she was about to enter a shop selling poultry and mutton. Asked why she was buying meat in person when she could do it from the comfort of her home, Geetha shot back, “Why would I go online when I can get fresh meat from the shop near my house?" At a time when they have grown accustomed to placing orders online and getting all their needs delivered to the doorstep, the vast majority of India’s carnivores steadfastly continue to buy their meat and seafood at neighbourhood outlets.
31.07 / 13:13
markets COST pandemic Inside testing Interviews Etsy plans to test its first-ever loyalty program as it aims to boost sales
Etsy says it will begin testing its first-ever loyalty program in September
31.07 / 13:09
COST UPS Extreme Strategy Allianz wellness Why clients really want to talk to their advisor about the weather
Weather is a common component of small talk, but few advisors would prioritize it in a retirement planning conversation with their clients. That could be a mistake.
31.07 / 11:56
markets COST UPS IPO Celebrity band Ola Electric’s IPO: charging ahead or running on empty?
₹6,146 crore at the upper end of its ₹72-76 price band. That would take its valuation to about ₹33,522 crore, or about $4 billion. Ola Electric, India’s largest maker of electric scooters, has demonstrated impressive growth in recent years.
31.07 / 11:44
COST security Food President country social 2020 Nigerians are frustrated by economic hardship but authorities fear planned protests could turn ugly
Nigerians are planning nationwide protests this week against the country’s worst cost-of-living crisis in a generation
31.07 / 11:43
COST CEO show reports Scandals St James's Place CEO outlines bid to recoup fee scandal costs from partners
The business' CEO and chief financial officer (CFO) stopped short of outlining just how much partner firms will be expected to contribute. However, SJP CEO Mark FitzPatrick shared that those firms that could show evidence trails would not be expected to pay in. SJP has set aside £430.6m related to the service issues, according to its latest earnings report. As of its full-year earnings, released in February, it had anticipated a £426m potential cost. Partner contributions will be sought dependent on «underlying evidence», FitzPatrick told investors on SJP's H1 2024 earnings call this ...

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