COST Financial News

10.06 / 08:17

COST Progressive Election Bill Friday Briefing: How Rishi Sunak dealt a blow to investment trusts

Whatever the reason, the timing did not just frustrate his own party members, who have been forced to cancel their summer annual leave, but also House of Lords member Ros Altmann and the investment trust sector. In November last year, Altmann submitted a private members bill urging the government to remove investment companies from the Alternative Investment Fund Managers Directive (AIFMD) regulation. 'My bill is lost': Ros Altmann confirms progress on trust cost disclosure reforms undone by general election The bill also called for the removal of the current EU cost disclosure rul...

10.06 / 08:01

COST UPS Waters poverty cover Mint Explainer: Special category status and what it means for the new government

Gadgil-Mukherjee formula, made up about 30% of total central assistance. They also benefit from a favourable funding ratio on centrally sponsored schemes, for which the union government covers 90% of the costs and the state only needs to cover 10%.

10.06 / 08:01

markets COST Strategy wellness reports Gold loan NBFCs shine, Muthoot more than Manappuram

₹20,000, indicating no significant impact on their operations. They have seen robust gold loan growth even in April and May. Rising gold prices typically boost demand for gold loans, albeit with a lag, signalling a positive outlook for these lenders.

10.06 / 08:01

COST UPS Career Experts performer country innovations Statistical reform needs key stakeholder consensus for implementation

I received an anguished email from a senior Indian Statistical Service (ISS) officer a few weeks ago. The officer believed that his entire career over the past quarter century had been a “waste" since the statistical system does not reward performance. “As the system has been kept highly opaque, it has created a false sense of expertise… such as experts in national accounts or experts in consumer expenditure surveys… creating an impression that they (the deemed experts) are indispensable," the mail said.

10.06 / 08:01

COST UPS Aviat Manufacturing Airlines Crude-sensitive stocks including Asian paints, Astral, MRF surged up to 7% in 2 weeks amid sharp drop in oil prices

Also Read: Oil posts third weekly loss on delayed US Fed cuts; Brent at $79: Buy or sell?Stocks from these sectors have rallied in anticipation that the drop in crude prices will reduce the companies' operating expenses, leading to improved net profits. Investors are optimistic that lower costs for raw materials will enhance profitability, making these sectors more attractive in the market.Tyre Sector: Crude oil derivatives such as carbon black, synthetic rubber, and nylon tyre cord fabric make up nearly half the cost of producing a tyre.

10.06 / 07:23

markets COST UPS Provident Strategy Align rights Stock Markets Remain Volatile: Is this the right time to increase your SIP amount?

India’s stock markets have been highly volatile over the past couple of weeks. Given the current economic scenario and market conditions, many investors are contemplating whether it’s the right time to increase their SIP amount.

10.06 / 05:25

COST UPS Provident Progressive security Features 6 essential tips must be considered to effectively manage your savings account

Also Read: AU Small Finance Bank revises interest rates on fixed deposits, savings accountsA savings account is a critical component of effective financial management. To begin, there are numerous sorts of savings accounts, each with unique features.

10.06 / 05:25

COST Citi economy Trade country Gold and silver prices today on 10-06-2024: Check latest rates in your city

gold in the last one week has been -1.06%. Whereas in the last month it has been -0.25%.The cost of silver is Rs.90720.0 per kg Gold Price Today in Delhi is ₹73567.0/10 grams. Yesterday’s Gold Price on 09-06-2024 was ₹74286.0/10 grams.

10.06 / 05:25

COST Sustainability Trade Experts Diversity show Moving beyond equity! How startups shift to debt financing fuel business growth?

startups to foster growth and achieve sustainability. Traditionally, equity financing has been the go-to option for many young businesses. However, amid a significant dip in equity fundraising, they are now turning to debt financing as a viable alternative to fuel their growth.

10.06 / 05:17

COST Digital Real Estate Research show information New Zealanders Choose Crypto Over Real Estate, Study Indicates

A new study shows a surge in interest in crypto among New Zealanders, with nearly half of them looking to crypto to build wealth instead of real estate. The research, conducted by Protocol Theory and Easy Crypto, suggests many Kiwis are turning to crypto due to frustrations with traditional financial systems.

10.06 / 03:11

COST Man Election wellness politician Manu Joseph: A theory of why the BJP did poorly in the elections

A few days ago in my colony, I overheard a quarrel between a man who lived in a villa, like me, and a gardener. The master wanted some additional work to be done, and the gardener said that would cost him a few hundred rupees more. The master exploded in rage at the “greed" and poor work ethics of migrants.

10.06 / 02:25

COST IPO FIVE wellness hospital reports International The Leela Hotels IPO valued at $2.5 billion in dramatic turnaround

₹21,000 crore) in a public listing likely in nine months, two people familiar with its plans said, in a remarkable turnaround for the luxury chain that changed hands under crushing debt and defaults five years ago. Promoter Brookfield has tapped JM Financial and Bank of America to be investment bankers, the people said on condition of anonymity, adding the Canadian investor plans to sell 15% to the public initially, and another 10% over the next three years. The IPO may be worth around ₹3,150 crore, making it the biggest in India's hospitality space.

10.06 / 01:53

COST Healthcare Bill cover hospital information Is a 40-50% hike in annual health insurance premium on renewal possible?

—Name withheld on request.

09.06 / 21:51

markets COST Manufacturing Strategy WhatsApp reports Domestic open access solar capacity addition doubles to 1.8 GW in Jan-Mar: Mercom

Open access solar installations rose two-fold in India to 1.8 gigawatts during January-March this year supported by several factors, including reduced module cost, US-based Mercom Capital has said. Solar power through open access is an arrangement where a power producer establishes a solar power plant to supply green energy to consumers.

09.06 / 20:53

markets COST UPS Coca-Cola PepsiCo Actor country Niche no more, energy drinks emerging as the new colas

At Darshan Super Market in Santacruz east, Mumbai, the steady stream of customers for PepsiCo India’s Sting energy drink is telling. In a span of half of an hour, at least 10 people, between 18 and 35 years of age, come asking for the drink. Darshan, the owner, doesn’t disappoint. His fridge is packed with the product.

09.06 / 20:53

COST Provident security Pool Election Food Bonus to paddy farmers to cost Odisha Rs 6000 crore annually

To fulfill its election promise of a 42% bonus over the minimum support price (MSP) to paddy farmers, the new government in Odisha has to make budgteray provision in excess of Rs 6000 crore per annum, given the curent level of procurement in the state, official sources said.

09.06 / 20:41

markets COST UPS FIVE Booking Total environment repays ₹2,070 cr to top lenders

Total Environment has paid up approximately ₹2,070 crore of debt raised from top-tier financial institutions, driven by robust residential sales.

09.06 / 19:21

COST UPS Aviat Sustainability Research From chimneys to skies: NTPC explores sustainable aviation fuel

NTPC Ltd is exploring ways to produce sustainable jet fuel by mixing carbon captured from its thermal power plant and green hydrogen, people familiar with the development said.

09.06 / 15:39

markets COST UPS Research trends For diamonds, it matters who De Beers hooks up with next

Is it more romantic to buy a diamond that formed in the bowels of the earth than one grown in a lab? Young American couples don’t think so. That is awkward for diamond miner De Beers, especially now that it is looking for a new owner. Mining conglomerate Anglo American, which has been a top shareholder in the world’s best-known diamond producer for almost a century, wants to sell or separately list it as part of a radical breakup plan.

09.06 / 15:05

COST Provident exclusive Steal Deal: Minimum 25% Off on Luxurious Perfume brands like Nautica, Jaguar, and Guess

09.06 / 10:03