COST Financial News

28.01 / 16:57

COST Provident BLOCK Mobile wellness reports ONGC eyes partnership with ExxonMobil to jointly bid for oil & gas blocks

Subscribe to enjoy similar stories. Panaji: State-run Oil and Natural Gas Corp. (ONGC) is eyeing collaboration with ExxonMobil to jointly bid for India’s hydrocarbon blocks in the tenth round of auctions under the Open Acreage Licensing Policy, according to a top executive.

28.01 / 10:35

markets COST FIVE Sustainability trends reports Destinations Asian Paints: Why is investor confidence peeling off despite robust margins?

Subscribe to enjoy similar stories. Asian Paints Ltd’s shares fell around 5% on Wednesday after the company announced its earnings for the December quarter (Q3FY26). Though profit margins were a bright spot, the company failed to sustain its 10.9% growth in domestic decorative paint volume from Q2, which came after five quarters of lucklustre growth.

28.01 / 10:35

markets COST Digital Manufacturing Trade country rights Mint Explainer | What India gains and what it loses in free trade pact with EU

Subscribe to enjoy similar stories. The long-awaited free trade agreement between India and the European Union was announced on Tuesday. While the EU has already released a chapter-by-chapter summary, India’s official text is still awaited.

28.01 / 01:25

COST UPS Target Action President Key Gulf allies say they won’t aid US in an Iran strike, limiting Trump’s options

Subscribe to enjoy similar stories. Saudi Arabia on Tuesday ruled out the use of its airspace and territory for a potential U.S. attack on Iran, complicating the Trump administration’s options in response to Tehran’s violent crackdown against Iranian protesters.

28.01 / 01:07

markets COST UPS Provident Target economy Union Budget should boost public capex, contain borrowing costs

Subscribe to enjoy similar stories. The Union Budget, to be unveiled on 1 February, comes in the wake of a strong performance by the Indian economy in 2025, despite geopolitical tensions and the US tariff onslaught. India’s GDP growth was aided by sizeable monetary easing in the form of policy rate cuts and liquidity support, aiding the flow of credit and supporting consumption.

27.01 / 17:35

markets COST Provident CEO Chevron cover reports ONGC reaches out to Shell, ExxonMobil, TotalEnergies, Chevron, others for production enhancement in western offshore

Subscribe to enjoy similar stories. New Delhi: State-run Oil and Natural Gas Corp. (ONGC) has reached out to as many as 10 global energy players to participate in its tender for the role of technical services provider (TSP) to enhance production in its western offshore fields, Pankaj Kumar, director (production) at ONGC, said to mediapersons on the sidelines of India Energy Week.

27.01 / 14:23

markets COST UPS wellness Trade patient Pharmaceuticals India-EU FTA may lower costs of novel drugs for Indian patients, medical equipment

Subscribe to enjoy similar stories. India’s landmark free trade deal with the European Union, finalised on Tuesday, includes significant tariff cuts on exports of pharmaceutical products as well as optical, medical and surgical equipment from Europe to India. Tariffs on pharmaceutical exports from Europe to India will drop to zero from 11% for almost all products.

27.01 / 11:43

markets COST Target Progressive trends President Justice Fed set to pause rate cuts, with no clear path to resuming

Subscribe to enjoy similar stories. Federal Reserve officials this week are expected to stop cutting interest rates for the first time since September, holding steady after three consecutive reductions. The harder question is what it would take to start again.

27.01 / 11:11

COST UPS Booking Trade testing Axis Bank Q3 profit beat has investors cheering. Margin recovery next test

Subscribe to enjoy similar stories. Axis Bank’s investors heaved a sigh of relief after the lender delivered a strong profit beat for the December quarter (Q3FY26), following several quarters weighed down by one-offs and disappointments. Net profit rose 3% year-on-year to ₹6,490 crore, sharply surpassing estimates that had anticipated a decline.

27.01 / 11:11

COST UPS Provident Manufacturing Sustainability Enterprise reports Mint Explainer | Why NITI Aayog wants MSMEs to go green

Subscribe to enjoy similar stories. NEW DELHI: The Niti Aayog has called for a new mechanism to decarbonise India’s vast micro, small and medium enterprises (MSME) sector to help exporters meet green product requirements as Western economies roll out carbon-linked trade barriers.

27.01 / 11:11

COST Waters Gap Sustainability show shock India must invest big money in climate mitigation and resilience: Did budget makers miss the memo?

Subscribe to enjoy similar stories. Climate change has moved gradually onto India’s economic agenda. Economic Surveys now devote full chapters to climate risk, budget speeches frame growth as green and India has formally estimated its climate finance needs at about $2.5 trillion by 2030.

27.01 / 08:33

markets COST Citi CEO Platform Strategy DealShare’s risky reset puts it head-to-head with retail heavyweights

Subscribe to enjoy similar stories. BENGALURU : Once valued at over $1 billion, e-commerce firm DealShare is attempting to pivot from its business-to-business (B2B) roots to a consumer-facing model, betting on value retail anchored by private labels, aggressive pricing, and two-hour deliveries, chief executive Kamaldeep Singh told Mint. Venture capital firm Tiger Global-backed six-year-old startup plans to scale its retail operations beyond its core markets of Jaipur and Kolkata by investing significantly in building out its supply chain and distribution network in neighbouring cities, Singh said in an interview.

27.01 / 08:33

markets COST Provident Action track testing UltraTech Cement tightens grip on volumes, costs as pricing revival awaited

Subscribe to enjoy similar stories. Cement pricing disappointed in the December quarter (Q3FY26), but UltraTech Cement Ltd still delivered a comfortable earnings beat. Consolidated Ebitda jumped 36% year-on-year to ₹3,916 crore, ahead of consensus, even as grey cement realizations fell about 6%.

27.01 / 01:49

markets COST Sustainability wellness trends Trade United Spirits’ premium brands soothe volume pain amid regulatory challenges

Subscribe to enjoy similar stories. For United Spirits Ltd, the next few quarters will be shaped by how well it navigates a structural reset in Maharashtra, one of its crucial markets, without sacrificing profitability. Higher excise duties and the rollout of Maharashtra-made liquor (MML) have altered consumption patterns in the state, weakening demand for Indian-made foreign liquor (IMFL).

27.01 / 01:49

markets COST Citi Trade country Sporting Gold boom spurs miners to dig for the mother lode

Subscribe to enjoy similar stories. JOHANNESBURG—For years, hundreds of illegal miners known locally as zama zamas prospected for gold on this patch of land on the outskirts of the city with hammers and chisels in hand-dug tunnels. Now, the site has been transformed into South Africa’s first new underground gold mine in more than 15 years, part of a global rush to boost production of a metal trading at record prices.

27.01 / 01:13

markets COST Citi economy Enterprise Trade innovations Capital, cities and competitiveness: A growth agenda for India

Subscribe to enjoy similar stories. India’s economic challenge today is to sustain a growth of 8-9% over the next two decades to achieve its vision of a Viksit Bharat by 2047. The upcoming Union Budget must focus on reforms that raise India’s long-term growth potential.

27.01 / 01:13

COST UPS Provident Election Bill President Trump’s high-stakes bid to dole out $100 billion more in tax refunds

Subscribe to enjoy similar stories. WASHINGTON—Republicans and President Trump designed their tax cuts for this moment, creating a refund bonanza that will land in Americans’ bank accounts well ahead of the midterm elections. The annual tax-filing season that opened Monday will produce a cash surge estimated at $100 billion beyond last year’s $329 billion total, and it is engineered to buoy Republicans’ sagging voter approval.

27.01 / 01:13

COST UPS CEO Food show testing What Starbucks’s new CEO has changed, and what he says is next on his list

Subscribe to enjoy similar stories. Notice anything different at Starbucks these days? Brian Niccol hopes so. Starbucks’s chief executive spent his first full calendar year on the job plowing millions of dollars into improving the experience of Starbucks stores through barista training, outfitting stores with ceramic mugs and replacing faulty power outlets.

26.01 / 09:31

COST UPS Booking trends reports Margin dims Kotak Mahindra Bank's Q3 halo

Subscribe to enjoy similar stories. After almost a year of being stuck in a range, the stock of Kotak Mahindra Bank Ltd has received two triggers in quick succession. While the 1:5 share subdivision on 14 January was meant to enhance liquidity in the stock, it has failed to lift sentiment.

26.01 / 09:31

markets COST Action Trade country International Iran is selling more oil but making less money

Subscribe to enjoy similar stories. Iran exported more oil in 2025 than it had done in years, smuggling crude in defiance of sanctions, mainly to China. At the same time, the regime’s profits from the commodity collapsed.

26.01 / 08:29

COST Citi Waters Death show country hospital Heed Gita Gopinath’s warning from Davos: Pollution is silently taxing India’s health and growth

Subscribe to enjoy similar stories. When Harvard Professor Gita Gopinath told a Davos audience that pollution costs India more dearly than tariffs, she wasn’t being provocative. She was making a strictly economic point: pollution is a continuous tax on productivity, public finances and human capital—unlike tariffs, which are episodic and negotiable.

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