COST Financial News

06.06 / 06:19

COST UPS Target Research reports ITC shares: Emkay Global downgrades rating, cuts target price on near-term headwinds

ITC shares to ‘Add’ from ‘Buy’ and also cut ITC share price target to ₹460 apiece from ₹510 earlier, as it sees likely additional pressure from the surge in competition, and expectations of higher tax hike in the Union Budget to fund populist measures.The brokerage house sees 100 basis points (bps) margin impact from inflation, which would partially be absorbed in mix thrust (premium continues to do well) and cost efficiency. Also Read: FMCG stocks likely to see valuation re-rating, says Emkay Global; upgrades HUL, Nestle"Ideally, this kind of inflation should be passed on to consumers, but historical precedence does not suggest so.

06.06 / 05:07

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

The price change in 24 carat gold in the last one week has been 0.47% .whereas in the last month it has been 0.43%.The cost of silver is Rs.88710.0 per kg down by Rs.220.0 per kg. Gold Price Today in Delhi is ₹73570.0/10 grams. Yesterday’s Gold Price on 05-06-2024 was ₹73499.0/10 grams.

06.06 / 02:31

COST UPS Fox Food President California fast food wage hike has had detrimental impact, puts businesses in 'jeopardy,' critic says

California franchise operator Alex Johnson estimates his ten restaurant locations will be out $470,000 total due to the state's new minimum wage law.

06.06 / 00:35

markets COST security BlackRock Trade reports BlackRock throws support behind Texas-based NYSE challenger exchange

BlackRock Inc., Citadel Securities and other investors are backing an upstart Texas stock market, laying down a challenge to the New York Stock Exchange and Nasdaq Inc. and signaling a potential boost for a state trying to grab more of the financial services industry.

05.06 / 22:33

markets COST FIVE wellness trends country rights Gas prices have dropped in Canada. Will summer bring more relief?

Canadians planning a road trip this summer could see some relief at the pumps but a volatile energy market and weather disruptions threaten gas prices in the country, experts say.

05.06 / 21:21

COST Target Fighting Election Experts country UN chief wants a tax on profits of fossil fuel companies, calling them 'godfathers of climate chaos'

U.N. Secretary-General António Guterres has called for a “windfall” tax on profits of fossil fuel companies to help pay for the fight against global warming

05.06 / 20:59

markets COST Digital Experts CIBC Relationships Rate Cut What the Bank of Canada rate cut means for mortgages, loans and investments

The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75 per cent, the first cut in more than four years. Here’s what it could mean for your finances.

05.06 / 20:53

COST Provident Platform Entertainment travelers International Airtel rolls out T20 World Cup 2024 plans: Free streaming, high-speed data, and more

₹499, providing 3GB of high-speed data per day for 28 days, along with a three-month Disney+ Hotstar subscription. Additionally, subscribers gain access to over 20 OTT platforms on Airtel Xstream Play at no extra cost.

05.06 / 19:35

COST FIVE Aware Fighting WhatsApp TDP eyes speaker post, 6 ministerial berths and Andhra special status in NDA negotiations

Telugu Desam Party, the biggest constituent of National Democratic Alliance (NDA) after BJP, has drafted a list of demands that includes the post of Speaker, six berths in the Council of Ministers and special status for Andhra Pradesh.

05.06 / 19:35

markets COST FIVE Fighting Research show NBFCs' funding costs to rise as banks cut back

banks squeeze funding to this segment. Recent data show that bank funds to the non-bank segment dropped to 15% in April from 22% seen in the same period last year.

05.06 / 16:29

markets COST Digital Hallmark shock Features Hero Xoom Combat Edition debuts with aggressive new design, priced at ₹80,967

₹80,967 (ex-showroom, Delhi). This new variant now sits at the top of the Xoom series and is approximately ₹1,000 more costly than the Xoom ZX, offering a plethora of enhanced features.The standout feature of the Hero Xoom Combat Edition is its striking Mat Shadow Grey paint finish, accented with contrasting graphics. This new design, inspired by jet fighters, lends a more aggressive and sporty appearance to the scooter.Underneath its stylish exterior, the Hero Xoom Combat remains mechanically unchanged.

05.06 / 15:51

COST UPS security Southern Inside fencing Even hardened convicts are no match for these guard geese

SÃO PEDRO DE ALCÂNTARA, Brazil—A prison in southern Brazil has come up with a novel way to bolster security: replacing guard dogs with geese. A squadron of nine silky-feathered birds—the “geese agents," as guards call them—now patrol the grassy strip of land between the inner fence and the outer wall at the high-security prison here in São Pedro de Alcântara, a small town some 400 miles north of the border with Uruguay. Fiercely territorial, the fiendish nine-pounders can be surprisingly intimidating, charging at anyone who dares enter their enclosure and unleashing a deafening cacophony of honks and shrieks that serves to alert guards if one of the prison’s 1,300 inmates tries to escape.

05.06 / 15:51

markets COST UPS Provident Manufacturing Strategy Healthcare Can Mohit Joshi catapult Tech Mahindra into the big league of Indian IT?

₹661 crore due to a slowdown in key verticals. Net revenue for the full year declined 5% to $6.27 billion, while net profit plummeted 52.2% to $284 million, down from $598 million a year ago. To be fair, the last 12 months have been tough for the industry as a whole.

05.06 / 15:51

markets COST UPS Waters Food Research Universities How to eat your way to a greener planet

As farmers and livestock growers face pressure to reduce their carbon footprint to cut costs and satisfy consumer demand, many are looking for foods that don’t require as much energy to produce. That means future farms might look a bit different: More truffle plantations, bean fields and insect houses. Fewer cornfields, pigpens and cow pastures.

05.06 / 13:37

markets COST wellness show country reports Fed’s dovish rates stance is bad news for homeowners

Homeowners including residential real estate investors are being negatively impacted by higher interest rates, as price increases are slowing year-over-year.

05.06 / 12:49

markets COST UPS Progressive economy Election reports Will markets' focus turn to earnings, finally?

reforms under a coalition government owing to increased reliance on allies this time compared to the single-party majority seen in the previous two terms. As such, the broad policy direction may not materially change, but a potential tug-of-a-war between driving consumption and capital expenditure (capex) could keep equity investors on tenterhooks. Kotak Institutional Equities expects the new government to continue with its investment-led economic agenda, but it may tweak its priorities to support consumption and employment.

05.06 / 08:55

COST Election country consequences Videos International Ray Dalio flags US-China ‘Economic Warfare’ among top global risks

Ray Dalio said internal conflicts will be the “highlight of this year,” particularly on the issue of whether the US election result will be accepted by both parties. The policies from an administration run by Donald Trump would be very different from a Democratic one, Dalio said during a video speech at the Greenwich Economic Forum in Hong Kong Wednesday. However, on anti-China policies, there’s broad agreement between the two parties.

05.06 / 08:55

COST economy Align Election Trade show stage General elections 2024: A weaker mandate to impel policy reset

NDA, the actual vote count so far shows a considerable decline (240 for BJP alone vs 302 in 2019). This effectively highlights the formation of a weaker alliance government in the offing, thereby reducing the dominance of the BJP. This will mark the return of the coalition government politics in India. Political economy to dominate policies: BJP is expected to face an increasingly disproportionate impact from the alliance partners thereby compromising the bargaining power significantly. Also, compared to the previous two election periods of 2014 and 2019, the influence of the opposition has grown stronger.

05.06 / 08:19

markets COST Airlines reports Traffic Indian Airlines face bigger losses in FY25 despite higher demand, says CAPA India

CAPA India estimated losses for the year ending March 2025 at between $400 million to $600 million. The industry reported a loss of $300 million - $400 million the previous year, helped by market leader IndiGo's record profit.Overall airline costs are expected to rise 3.8% in the fiscal year 2025, the consultancy added.

05.06 / 05:13

COST UPS Citi Trade country Gold and silver prices today on 05-06-2024: Check latest rates in your city

gold in the last one week has been 0.96% whereas in the last month it has been -0.36%.The cost of silver is Rs.88930.0 per kg down by Rs.1470.0 per kg.Gold Price in Delhi: Gold Price Today in Delhi is ₹74200.0/10 grams. Yesterday’s Gold Price on 04-06-2024 was ₹73948.0/10 grams. and last week’s gold price on 30-05-2024 was ₹74658.0/10 grams.Silver Price in Delhi: Silver Price Today in Delhi is ₹88930.0/Kg.

05.06 / 02:35

COST UPS Workday wellness reports Summer hours can be a way for small business owners to boost employee morale and help combat burnout

As the temperature heats up and summer approaches, small business owners may be considering offering summer hours, such as an early release on Fridays, for employees to help combat burnout

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