COST Financial News

23.07 / 07:16

markets COST Yellow Experts Bottomline Gold and silver to become cheaper, customs duty cut to 6%

Budget 2024 proposes to cut the customs duty to 6% on Gold and Silver. Moreover, the finance minister has also proposed to reduce customs duty on platinum to 6.4%.

23.07 / 06:56

markets COST Digital Sustainability Bitcoin Bitcoin Miner HIVE Digital Unveils Plan for 100-Megawatt Bitcoin Mining Site in Paraguay

HIVE Digital Technologies has announced plans to construct a 100-megawatt Bitcoin mining facility in Paraguay, marking its first venture into the country.

23.07 / 06:47

markets COST UPS Citi Landmark community country In Washington state, Inslee's final months aimed at staving off repeal of landmark climate law

Voters in Washington state will decide this fall whether to keep one of the country's more aggressive laws aimed at stemming carbon pollution

23.07 / 06:23

markets COST Analysis community reports Department Billion-dollar Mitsubishi chemical plant economically questionable, energy group says

An energy group says a $1.3 billion chemical production facility to be built in Louisiana by Japanese conglomerate Mitsubishi Chemical Group is economically questionable and unnecessarily increases greenhouse gas emissions

23.07 / 02:19

COST Booking WhatsApp performer reports Suzlon Energy Q1 Results: Net profit triples to Rs 302 crore

Suzlon Energy on Monday reported a threefold increase in net profit for the April-June quarter of this fiscal on improved operational performance across businesses. Net profit for the quarter came in at '302 crore, against '101 crore reported in the April-June quarter of the previous fiscal. Revenue, however, was down 7% at '2,016 crore against '2,179 crore in the June quarter of FY24.

23.07 / 02:12

COST Enterprise Experts show country voice Schools GenAI: why not play desi beats

large language models (LLMs) such as Sarvam’s OpenHathi and Ola’s Krutrim. This even as their global counterparts like OpenAI’s GPT-4o and Meta’s Llama have started showing enterprise grade support for Hindi, Marathi, Kannada and other Indian languages across text and voice.

23.07 / 01:07

COST UPS Provident show reports Updates Budget 2024: Know the real tax on your income

The slab rates under the old income tax regime have remained unchanged since July 2014. Will they be revised in the upcoming budget? It seems unlikely, given that the government has been pushing the new tax regime and has made it the default option.

22.07 / 23:27

COST Football President stars reports Updates Is Kylian Mbappe transfer proving costly for Real Madrid? Here's what they were forced to do

Euro Cup 2024, where France reached the semi finals, but were beaten by Spain, and failed to make it to the finals. However, Mbappe's contribution has been duly acknowledged by France fans who cheered him on during every game. Meanwhile, as the Euro Cup 2024, Mbappe flew to Santiago Bernabeu to attend Real Madrid's unveiling ceremony that saw him being honored and welcomed warmly into the Real Madrid fold by the club president Florentino Perez, in the presence of former Real Madrid star Zinedine Zidane, who was also beaming at Mbappe's arrival to the Madrid camp.

22.07 / 20:46

COST UPS shooting stage Updates Polls, heatwave hit loan collections in Q1, asset quality declines

asset quality decline spawned by a protracted heatwave that crimped the ability of on-the-ground representatives to speed up collections. Polls through the summer also affected asset quality at mainstream lenders.

22.07 / 20:34

COST Gap Metro Healthcare social reports Economic Survey: Mental health issues rising, holistic approach required

mental health issues among Indians and suggested a bottom-up, whole-of-community approach for addressing the issue.

22.07 / 16:05

COST UPS Career CEO reports RBI approves appointment of former Kotak exec KV Subramanian as CEO & MD of Federal Bank

Managing Director & Chief Executive Officer of Federal Bank, the bank said in an exchange filing on Monday.

22.07 / 15:35

markets COST economy Enterprise wellness performer rights What does the economy need? The Economic Survey has few answers.

GDP growth of 6.5–7%, “with risks evenly balanced, cognizant of the fact that the market expectations are on the higher side". However, it has not explained the assumptions that led it to arrive at this projection.

22.07 / 14:59

COST UPS economy Trade show reports 'The lack of affordability is pinching:' Bank of Canada expected to cut Wednesday amid signs of softening economy

Economists widely expect the Bank of Canada to cut its policy rate for the second consecutive time on Wednesday after data released the past month suggested the Canadian economy is feeling the pinch of higher rates.

22.07 / 14:56

markets COST Justice 2020 Courts rights Husband sues wife after his lone, lowball bid for family home rejected amid separation

When a couple separates, myriad financial issues inevitably arise. Chief among them is what to do with a jointly owned home. For the separated couple, continued joint ownership of the home is, almost always, unrealistic. Two options remain: one spouse can buy out the other’s interest in the home or the home can be sold.

22.07 / 13:39

markets COST UPS Provident Research performer reports Asset managers’ main AI benefit will not be investment performance, says Moody’s

Asset management firms are unlikely to be replacing their portfolio managers with artificial intelligence any time soon, according to research from Moody’s Ratings.

22.07 / 12:53

Hollywood COST UPS Apple Boxing film stars Hollywood’s Paramount rule

The first rule of Hollywood: Never spend your own money. Ask David Ellison, who learned the hard way with his mostly self-financed 2006 film “Flyboys" starring James Franco and, yes, David Ellison. It cost $60 million to make and did under $18 million at the box office.

22.07 / 12:18

COST Target security Research War shooting ‘A Rubik’s cube in the sky’: Israel struggles to defend against drones

KIRYAT SHMONA, Israel—On Friday, Israel’s vaunted aerial-defense system tracked 65 rockets fired across its northern border by the Lebanese militant group Hezbollah, intercepting some and letting the rest fall harmlessly into open areas. That same day, Israel missed a single drone it believes flew more than 1,000 miles from Yemen to explode in the commercial capital Tel Aviv. Israel has a problem with drones.

22.07 / 11:54

COST social information reports Department Updates ITR deadline extended to August 31? Beware of fake news, warns Income Tax Department

Income Tax department has issued a warning about fake news that was published in a popular newspaper in Gujarat. The department stated that a clipping of the news is circulating on social media, claiming that the date for e-filing of ITR has been extended to August 31, 2024. The department clarified that this information is fake, and that the last date to file ITR for FY2023-24 is July 31, 2024.

22.07 / 11:01

COST Provident security Healthcare information reports Allow tax deduction for health insurance in the new regime, says ICAI chief

Mint, he also talked about efficient ways to increase the number of taxpayers in India. Here are some edited excerpts: The default (new) regime, which offers concessional tax rates on total income, without deductions and exemptions, will make both tax compliance and tax administration simple. It will also ensure consistency and certainty.

22.07 / 09:56

COST UPS Manufacturing economy International The ‘China plus one’ megatrend is evolving. Indian small caps could benefit.

China plus one: Will the dragon now make way for the elephant? As such, many small chemical producers shut down. For bigger companies, costs shot up and approvals took much longer. Many of these companies were catering to global demand, but the government’s tough measures caused the supply of several critical chemicals to dry up.

22.07 / 08:16

markets COST UPS Strategy Apple Trade electronic Forget products, attract investments from China to set up factories that can export to the world: Eco Survey

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