COST Financial News

Walmart is reporting another quarter of strong results as its low prices pull in shoppers scouring for discounts with inflation stubbornly high

The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home shoppers already facing sky-high prices and a shortage of supply

The Biden administration has proposed an end to new coal leasing from federal reserves in the most productive coal mining region of the U.S. The move announced Thursday would limit future climate-changing greenhouse gas emissions from burning the fuel

Deere’s fiscal second-quarter results beat Wall Street’s expectations, but the company lowered its full-year profit forecast for a second time as farmers buy fewer tractors and other equipment as they deal with declining prices for their crops

Mint had reported. The developments come amid liquidity concerns, prompted by challenges with Aggarwal's flagship business, Ola Electric, which has struggled to garner adequate investor interest for a listing before the ongoing Lok Sabha elections. “As part of an ongoing restructuring, Ola Mobility CFO Kartik Gupta has stepped down.

iQOO Z9x 5G comes in three enticing color variants – Storm Grey and Tornado Green, catering to diverse style preferences. The 4GB RAM with 128GB ROM variant is priced at ₹12,999, the 6GB RAM with 128GB ROM variant will cost ₹14,999. While the 8GB RAM with 128GB ROM device is priced at ₹15,999.

MSME lender Kinara Capital on Thursday reported its FY24 results, marking the ninth consecutive year of profitability. The company said it closed the previous fiscal year with profit after tax (PAT) of Rs 62 crore, registering a 51 per cent growth from FY23.

Fixed deposits (FDs) have long been a popular investment choice among Indians, especially senior citizens looking for stability and regular income. Senior Citizen FDs are specifically tailored to cater to the needs of this demographic, offering higher interest rates and other benefits.

Whether you're looking to beat the heat with a powerful AC, keep your groceries fresh in a new refrigerator, or simplify your laundry routine with a state-of-the-art washing machine, we've got you covered. Don't miss out on this opportunity to upgrade your home and enhance your lifestyle with the best deals on appliances, exclusively at Amazon Appliance Upgrade Days 2024!

Leading trading firm QCP Capital has expressed optimism about Bitcoin’s price momentum, forecasting a potential return to the highs of $74,000.

Walmart Inc. reported another quarter of strong quarterly results Thursday as its low prices pull in shoppers scouring for discounts with inflation stubbornly high.

Laurentian Bank of Canada is cutting more jobs in an overhaul of its strategy that includes exiting the equity research business.

Kartik Gupta, chief financial officer (CFO) of ride-hailing major Ola Cabs, has exited the firm, just over two weeks after chief executive Hemant Bakshi stepped down. His exit is part of an ongoing restructuring at Ola Mobility, a company spokesperson told ET. “The restructuring will allow Ola to strengthen cost structures, focus on growth and increase its bottom line,” the person said.

UBS Group AG’s new head of asset management reshuffled the unit’s leadership, the latest overhaul at the bank as it integrates Credit Suisse. 

Software plays a pivotal role in enhancing the driving experience in electric vehicles (EVs) by enabling various features and functionalities that improve convenience, efficiency, and overall user satisfaction. While software is not being as extensively utilized in smaller and more cost-effective three-wheelers (3Ws) compared to high-end electric vehicles, Altigreen strongly believes it can still play a significant role in improving their functionality, efficiency, and user experience. Here are some ways in which Altigreen is using software to enhance the humble 3Ws: Battery management: Even in entry-level electric 3Ws, a basic battery management system (BMS) software can help monitor and optimize battery performance, ensuring safe and efficient operation. Altigreen’s proprietary BMS extends battery life and improves overall vehicle range. Motor control: Software algorithms are used to control the electric motor in Altigreen 3Ws, providing smooth acceleration, efficient power delivery, and regenerative braking capabilities. This enhances the driving experience and energy efficiency.

Please see: Barc to help preserve onion stocks “Both these ministries will provide financial assistance to create the irradiation facilities and corresponding cold storage under the PPP mode so that private players can operate the same sustainably," he added. The units will be set up along with the state government as public-private partnerships. The move is expected to soothe the onion supply chain which sees losses of as much as ₹10,000 crore every rabi season, and aid the government's procurement plans.

TVs are engineered with the latest in AI to deliver a viewing experience that is heavy on personalization and individual use cases. Up scaling capabilities powered by AI are able to make objects sharper while adding precision to backgrounds. This is done via pixel-level image analysis, allowing the new televisions to deliver a clearer and more vivid viewing experience with real-time up scaling, even when a user is streaming sub-4K OTT content.

Bolvin Wealth Management Group President Gina Bolvin discusses the move in commodities, expected inflation data, the housing industry and her outlook for consumers.

Amit Shah on Thursday asserted that Pakistan occupied Kashmir (PoK) belongs to India and the country will take it back «at any cost». Addressing an election rally in Sitamarhi Lok Sabha seat in Bihar, the former BJP president slammed the Congress-led opposition for «raising fear about Pakistan's atomic power». «When Article 370 was scrapped, Rahul Gandhi had said that it would lead to bloodshed. Five years have elapsed and not a pebble has been hurled. But Congress's ally Farooq Abdullah tries scaremongering by saying that we cannot take back PoK as Pakistan has atom bombs,» Shah asserted. «I wish to declare from the birthplace of Goddess Sita that Bharat and its 140 crore people fear no one. Pakistan occupied Kashmir is ours and it will remain so. We will take it back,» he said.

materials maker Prism Johnson on Thursday posted a loss in the fourth quarter hurt by lower prices in its cement segment. Consolidated net loss after tax stood at 305 million rupees ($3.7 million) for the quarter ended March 31, compared with a profit of 42.5 million rupees in the year-ago period.

Kangana Ranaut, the BJP's candidate for the Mandi Lok Sabha constituency in Himachal Pradesh, has disclosed assets totaling Rs 91.65 crore in her nomination documents. But what caught the eye of many netizens were her 50 LIC policies. Many netizens questioned the the financial rationale of purchasing such a large number of insurance policies. A netizen quipped: «Her LIC Agent must be the happiest agent. Might be some of relatives are LIC agents.» Another netizen said that the Bollywood star possessing a whopping 50 LIC policies «highlights the widespread lack of financial literacy in India, affecting both the wealthy and the less affluent. It seems nobody can resist the allure of buying multiple LIC policies.» Another netizen said that 50 LIC policies are not asset diversification. «Diversification is proper asset allocation across Equity, Debt, RE, Alternates and commodities (mix as per the needs and understanding),» the user said.