COST Financial News

30.04 / 17:49

COST Bill cover recommendations Your Money: Opt for deductibles to trim premium

By Siddharth Singhal

30.04 / 17:49

markets COST Citi trends reports Destinations NRIs looking towards Tier-2 cities for real estate investment

In the ever-evolving landscape of India’s real estate sector, 2024 is poised to witness a heightened surge in the investments by non-resident Indians (NRI), particularly in the luxury residential market. As per a NoBroker report, between 2019 and 2020, NRIs constituted 10% of total real estate investments in India, which surged to 15% in 2023 and are projected to reach 20% by 2025. This surge in interest in luxury properties is fuelled by various factors that make the industry an increasingly lucrative investment opportunity for them.

30.04 / 17:49

COST Provident security Align Research information rights Housing Loan: How to choose the right home loan lender

Selecting the appropriate home loan lender is a vital step in the home-buying process. It can influence not just the interest rate you receive, but also the overall cost, simplicity, and transparency of the transaction. However, it’s important not to rush into making this decision. Instead, take the time to secure quotes from a few lenders to compare interest rates, fees, and terms.

30.04 / 17:49

COST UPS Provident Citizens cover Will senior citizens easily get health insurance now?

Insurance companies can no longer refuse to sell health cover to citizens above the age of 65 years. However, for a senior citizen buying insurance for the first-time, it will still not be easy due to the high premiums and the need for a medical check-up for all pre-existing conditions, explains Saikat Neogi

30.04 / 17:49

COST Maxim security Dreams recommendations Profiles Avail How to avail tax benefits on second home loan

By Pradeep Mishra

30.04 / 17:16

markets COST security Tesla information reports Department Tesla to cut hundreds more jobs in Musk cost push

Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a US media report. Elon Musk's EV company, which moved earlier this month to cut more than 10 percent of its 140,000 employes, will disband two departments and lay off most of the employees from the groups, reported the Information late Monday. The online technology publication quoted from a Musk email in which he vowed to be «absolutely hard core about headcount and cost reduction.»

30.04 / 16:29

COST Citi FIVE Sustainability Research Walmart to close its 51 health centers and virtual care service

Walmart is closing its health centers and virtual care service after struggling to find success with the offerings

30.04 / 16:29

COST UPS Citi Maxim country Nigerians struggle with fuel shortages as queues form across major cities

Nigerians are struggling with an ongoing fuel shortage, the latest of a series of supply disruptions in the country where many rely heavily on public transportation

30.04 / 16:29

markets COST UPS Target Food Features Walmart launches store-label food brand as it seeks to appeal to younger shoppers

Walmart is launching its biggest store-label food brand in 20 years in terms of the breadth of items

30.04 / 16:29

markets COST Provident Gap Research community Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing

Months after a catastrophic fire burned more than 2,200 homes and killed 101 people in Hawaii, some property owners are getting more bad news — their property insurance won’t be renewed because their insurance company has deemed the risk too high

30.04 / 16:29

COST UPS Target trends Department Workers' paychecks grew faster in the first quarter, a possible concern for the Fed

Pay and benefits for America’s workers grew more quickly in the first three months of this year, a trend that could contribute to higher inflation and raise concerns about the future path of price increases at the Federal Reserve

30.04 / 16:29

COST Citi Fighting Election President Celebrity reports AP WAS THERE: Mexico's 1938 seizure of the oil sector from US companies

Mexico took control of its most precious natural resource by seizing the oil sector from U.S. companies in a move that’s taught to schoolchildren and celebrated as a great patriotic victory

30.04 / 16:29

COST Progressive Bill International IMF approves immediate release of final $1.1 billion tranche of $3 billion bailout to Pakistan

The IMF says it will immediately release the final $1.1 billion tranche of a $3 billion bailout to Pakistan

30.04 / 16:05

markets COST Aviat Manufacturing Airlines International Destinations IndiGo to develop multiple hubs for non-stop flights to int'l destinations

IndiGo makes long-haul foray, orders 30 wide-body aircraft "There is a linear decline in market share of Indian carriers in international markets beyond 5-6 hours. Indian carriers are signifiantly under-represented in wide-body, long-haul market. We should be able to compete with global aviation hubs," Elbers said in a conference call with analysts and journalists.

30.04 / 14:49

COST CEO Parke WhatsApp 2020 Mindspace REIT records highest-ever quarterly leasing of 2 million sq ft in Q4

Mindspace Business Parks REIT has recorded gross leasing of over 2 million sq ft in the quarter ended March, making it the highest ever leasing since its listing in August 2020. With this, the K Raheja Corp-backed REIT’s total leasing to 3.6 million sq ft in the financial year 2023-24. The REIT’s net operating income grew 9.3% from a year ago during the fourth quarter to Rs 477 crore and 11.9% to Rs 1,896 crore for 2023-24. “We had a record quarter, leasing 2 million sq ft, making this our top-performing quarter since going public. Our committed occupancy now stands at 90.6%,” said Ramesh Nair, CEO, K Raheja Corp Investment Managers, Manager to Mindspace REIT.

30.04 / 14:21

COST BTC Bitcoin 2020 Coal Giant Alliance Resource Has Been Mining Bitcoin Using Excess Electricity Since 2020

Alliance Resource Partners (ARLP), a prominent coal mining company listed on the NASDAQ, has mined $30 million worth of Bitcoin by utilizing excess power at its facilities.

30.04 / 13:15

COST FIVE Booking Netflix Experts Universities reports '3 Body Problem' Season 2:Work begins, everything you may like to know

3 Body Problem' dominated the streaming industry in March and remained the number one series for two weeks, its second season was planned and work was started though Netflix has not announced it officially. '3 Body Problem' Season 2 will have a new plot, characters, cast members, and turns and twists that will make the series interesting and viewers will remain spellbound.

30.04 / 10:33

COST UPS Booking Citizens Universities show politician Governance reform: Karthik Muralidharan’s treatise is refreshingly new

Since so much of my work lies at the intersection of law and technology, I’m always interested in theories of governance. If I can understand how governance works, I believe I will be better informed as to how technology can be used to make it more effective. Which is why, ever since I heard that it was being written, I’ve been waiting to read Karthik Muralidharan’s tome, Accelerating India’s Development.

30.04 / 10:33

markets COST Ripple Trade reports rights Mint Explainer: Sebi's notional turnover fee directive – ripples and remedies

BSE estimates its total outgo to be around ₹69 crore, including interest, excluding GST, from FY07-23, and ₹96 crore (excluding GST) for FY24, which it must pay to Sebi by 30 April, as per the directive. It also noted that it had already paid ₹1.66 crore plus GST on premium turnover to Sebi for the previous fiscal year. Two figures stand out here: a fee of ₹1.66 crore on the premium turnover of options plus GST, and ₹96 crore plus GST on the notional turnover of options.

30.04 / 10:33

COST UPS Provident wellness hospital Why Sumit Shukla of Axis Pension Fund prefers NPS Tier 2

₹55 trillion in assets and traditional NPS tier-1 funds have assets worth Rs1.75 trillion, while NPS tier-2 funds only have Rs5,435 crore under its hood. To be sure, an NPS tier-2 account is similar to NPS tier-1 sans the tax benefits. The only advantage tier-2 accounts have over tier-1 is that holders can redeem the funds anytime.

30.04 / 10:33

markets COST UPS Election wellness reports UltraTech gears up to beat peers with cost control, capex focus

₹4,114 crore in Q4FY24. Going into FY25, profitability prospects appear bright. In April, cement prices rose in the southern, eastern, and Maharashtra markets, the management said.

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