COST Financial News

22.05 / 08:43

markets COST students Universities country International Destinations Study abroad: US, UK, Canada, Germany, Australia — which is the best country for Indian students in terms of education cost, scholarships, jobs?

higher education from prestigious universities overseas for a fruitful career. However, not all are successful in achieving this dream. The obstacles are many — finding a good institution, identifying the right course, qualifying and securing admission, getting a visa, arranging finances, doing well in studies, securing a good job and getting permission to stay and work in your country of choice. If you are planning to go abroad for higher studies, you should have a good understanding of all the available options before selecting the best one. We tell you about the 5 most popular countries Indian students prefer to go for higher studies and what these countries offer in terms of education opportunities, finances and jobs.

22.05 / 08:43

markets COST Research trends Delhivery's profit party cut short as express slump dents growth

₹45.9 crore in Q4 from the previous quarter. The company, however, expects growth in express-parcel revenue to rebound. As it renegotiates contracts, management projects 15-20% year-on-year express-parcel revenue growth in FY25, after 12% growth in FY24.

22.05 / 07:51

COST Provident Election wellness country reports Relationships Customers Banks with politically exposed persons as customers must stay alert

₹30 crore of unexplained currency in a Jharkhand legislator’s home, it is time to shine a light on a somewhat obscure term: Politically exposed persons (PEPs). This term refers to individuals who hold political office or public positions such as judgeships and bureaucracy posts, or have a close association with those who hold such authority. Data from Rzolut, a risk and compliance technology and data provider, reveals that there are over 2.3 million PEPs around the world, ranging from country presidents to municipality officials.

22.05 / 07:51

COST Digital Google Action reports Updates Paytm warns of job cuts as sales slide, revenue down 2.7% amid RBI action on payments bank arm, says report

Paytm has announced potential job cuts and plans to trim non-core assets following its first-ever decline in sales on May 22, Bloomberg reported. This comes after a regulatory probe into the startup's financial arm Paytm Payments Bank (PPBL) by the Reserve Bank of India (RBI) significantly impacted the company's operations. The fintech pioneer, once a symbol of India’s startup success, reported a net loss of ₹550 crore in the quarter ended March 2024, while its revenue from operations in Q4FY24 dipped 2.6 percent to ₹2,267.10 crore, marking its first drop since its 2021 stock-market debut.

22.05 / 07:33

COST Digital Google economy Fallout reports Paytm employees warned of potential job losses after hit from RBI probe

Paytm warned of job cuts and said it would trim non-core assets after reporting its first sales decline on record, reflecting fallout from a regulatory probe that curtailed much of the Indian fintech pioneer’s business. Once a role model for India’s nascent startup economy, Paytm’s net losses swelled several-fold to 5.5 billion rupees ($66.1 million) for the three months through March. The company known as One 97 Communications Ltd. reported a 2.6% slide in revenue to 22.7 billion rupees — the first drop since its 2021 stock-market debut. Its shares slid as much as 2%. Also Read: Paytm Q4 Results: Loss widens to Rs 550 crore; revenue drops 3% YoY

22.05 / 07:03

COST UPS Manufacturing security Trade President War Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports

President Joe Biden and Donald Trump agree on essentially nothing, from taxes and climate change to immigration and regulation

22.05 / 07:01

COST Target economy Coronavirus Bill pandemic show UK inflation falls to 2.3%, lowest level in nearly 3 years but still above Bank of England's target

Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills

22.05 / 07:01

COST security Election President country voice Small business owners are more undecided about the election than the general public

Small business owners are more undecided about the election than the general public

22.05 / 07:01

COST UPS pandemic Trade show Japan racks up trade deficit as imports balloon due to cheap yen

Japan’s trade deficit in April grew nearly 8% from a year earlier as the weak yen boosted the cost of imports, offsetting a jump in exports

22.05 / 07:01

COST Provident Action Election President War Department Biden releasing 1M barrels of gasoline from Northeast reserve in bid to lower prices

The sale will be allocated in increments of 100,000 barrels at a time.

22.05 / 07:01

COST Corning Research wellness Bill country Vermont governor vetoes bill to restrict pesticide that is toxic to bees, saying it's anti-farmer

Vermont’s governor has vetoed a bill to severely restrict a type of pesticide that’s toxic to bees and other pollinators

22.05 / 05:05

COST Provident security prevention strain Schools Buying a home in your 40s? Here are 4 key things to keep in mind

Basic Home Loan said, “When purchasing a house in India at 40, securing a home loan is often necessary. It's crucial to consider several factors. Firstly, evaluate your financial stability.

22.05 / 05:05

COST UPS Citi Trade country Gold and silver prices today on 22-05-2024: Check latest rates in your city

gold in the last one week has been -1.1% .whereas in the last month it has been 0.18%. The cost of silver is Rs.93150.0 per kg up by Rs.6690.0 per kg. Gold Price Today in Delhi is ₹76589.0/10 grams.

22.05 / 05:05

markets COST IPO Digital band show cover Indian Emulsifier share price lists with stellar 225% premium, at ₹430 on the NSE SME

₹430 a piece on the NSE SME on Wednesday. Indian Emulsifier share price post listing hit highs of ₹451.50 and lows of ₹410.05 The Issue that opened for subscription on the Monday 13 May 2024, had closed on Friday 17 May 2024. The issue received an overwhelming response being subscribed 460 times and 484 times in the retail category.

22.05 / 05:05

COST Platform Trade love social International cricket Zerodha's Nithin Kamath on increasing brokerage firm ads during IPL, ‘Often get asked why we don't advertise…’

Nithin Kamath engaged with followers on the social media site X (formerly known as Twitter), stating that he saw an increased number of advertisements by a brokerage firm during the Indian Premier League (IPL) matches. "I watched a cricket match after a long time, and damn! Every fourth ad is that of a brokerage firm. Sign of good times for the markets," he quipped.

22.05 / 04:13

COST Target Actor information International London Drugs hackers seek millions in ransom on claims of stolen employee data

London Drugs has confirmed that the cybersecurity breach that forced it to close stores across Western Canada for more than a week was a ransomware attack.

22.05 / 02:53

markets COST UPS Target trends track Gold Prices Gold prices hold steady on Fed rate outlook

Gold prices were steady on Wednesday and hovered above key $2,400 level touched earlier this week, supported by safe-haven buying and the prospect of interest rate cuts from the U.S. Federal Reserve later this year. FUNDAMENTALS

22.05 / 02:53

markets COST Target Sustainability track information Oil slips for third session on likely 'higher for longer' US rates

Oil prices fell for a third straight session on Wednesday on expectations the Federal Reserve could keep U.S. interest rates higher for longer due to sustained inflation, potentially impacting fuel use in the world's largest oil consumer. Brent crude futures were down 43 cents, or 0.5%, to $82.45 a barrel. U.S. West Texas Intermediate crude (WTI) futures slipped 50 cents, or 0.6%, to $78.16. Oil prices settled about 1% lower on Tuesday.

22.05 / 02:39

markets COST UPS Target CEO Election Trade What’s worrying advisors as bull market rolls on

The S&P 500 recently eclipsed the 5,300 mark, cracking the index’s all-time high. Clients are ecstatic upon opening their monthly statements. And, perhaps best of all, the kids will soon be headed off to summer camp making remote work even more of a joy.

22.05 / 02:25

COST UPS Experts show reports Lenders seek to claw back over ₹31,000 cr from bankrupt firms' dodgy deals

NEW DELHI : New Delhi: The administrators of insolvent companies have approached tribunals to reverse questionable pre-bankruptcy transactions of businesses worth over ₹31,000 crore from 131 cases in the March quarter in an effort to maximise the resources available for restructuring them, official data showed. With this, the number of such voidable transactions flagged before tribunals by debt resolution professionals has gone up to 1,237 at the end of March, estimated at ₹3.7 trillion, up from ₹3.39 trillion at the end of December, according to data from Insolvency and Bankruptcy Board of India (IBBI), the rule maker for the sector.

21.05 / 22:35

COST UPS Citi Manufacturing pandemic Universities Nobel laureate Krugman “fanatically confused” on interest rates

Nobel laureate in economics Paul Krugman said it’s entirely unclear where interest-rate levels are headed over the medium term, with arguments in favor of both a return to pre-pandemic levels and a higher-for-longer outcome.

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