COST Financial News

30.04 / 09:49

COST economy Southern community wellness shock A massive US nuclear plant is finally complete. It might be the last of its kind

A new nuclear reactor reached commercial operation in Georgia on Monday, completing a project whose delays and sticker shock helped upend the near-term prospects for nuclear power in the U.S. The first two reactors at Plant Vogtle, operated by Southern Co., opened in the 1980s. Adding two new reactors cost more than $30 billion, more than twice the initial estimates, and are a major reason no other large nuclear-power facilities are under development in the U.S.

30.04 / 09:19

markets COST Manufacturing Sustainability reports Prabhudas Lilladher advises long-term SIPs in Aditya Birla Group stocks UltraTech Cement, Hindalco and more; here's why

UltraTech Cement: As per the brokerage, the expansion in infrastructure projects is fueling demand for cement, boosting UltraTech's revenue. The country’s largest cement manufacturer reported strong earnings for the January-March quarter as its consolidated net profit rose 36 percent to ₹2,258 crore from ₹1,666 crore year-on-year (YoY), beating estimates, led by a decline in fuel costs and double-digit volume growth. The company’s consolidated revenue from operations in Q4FY24 increased 9.4 percent YoY to ₹20,419 crore.

30.04 / 08:21

COST Food UK shop price inflation hits lowest level since 2021

Annual shop price inflation slowed to 0.8%, down from 1.3% in March, according to data from the British Retail Consortium and NielsenIQ. This was below three-month average rate of 1.4%. Non-food items entered into deflation with a 0.6% contraction, compared to 0.2% price growth in March. Bank of England chief economist Huw Pill: Interest rate cuts remain 'some way off' Inflation on food also decelerated to 3.4% from 3.7%, making April the twelfth consecutive month of inflation slowdown for food prices. This was driven by overall falls in the cost of fresh produce, such as butter...

30.04 / 08:07

markets COST Provident Platform Bitcoin reports Simpleminers Unveils Cloud Mining Platform to Enhance Bitcoin Investment Opportunities

London, United Kingdom – April 30, 2024 – Amidst the rising popularity and increasing value of Bitcoin, Simpleminers has launched a cloud mining service designed to simplify and optimize the Bitcoin investment process. As the cryptocurrency market continues to demonstrate significant growth, with Bitcoin reaching an all-time high of $73,454 last month and expected to rise further due to the imminent Bitcoin halving, Simpleminers offers a timely solution for investors.

30.04 / 07:53

markets COST BTC MicroStrategy Bitcoin reports MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5%

Bitcoin (BTC) development company MicroStrategy reported a net loss for the first quarter of 2024 of $53.1 million, or $3.09 per share on Monday.

30.04 / 05:23

COST UPS Provident Citizens Sustainability rights Relationships AI hogs energy and its regulation must take its climate impact into account

India is undoubtedly a leading country in the deployment of artificial intelligence (AI) systems. A recent survey on cloud complexity by NetApp, a data infrastructure company, revealed that 70% of firms in India have AI projects up and running, as against 53% in the US, and that 91% of the companies in India plan to use their data to train AI models, as against a global average of 62%.

30.04 / 05:23

COST UPS Citi Trade country Gold and silver rate today on 30-04-2024: Check latest rates in your city

gold in the last one week has been -0.4%. whereas in the last month it has been -6.08%. The cost of silver is Rs.83900.0 per kg Gold Rate Today in Delhi is ₹73893.0/10 grams.

30.04 / 05:23

COST Trade Broker How you can buy more shares with your broker's credit line

₹1 lakh are tax-free. Brokers enforce risk-management practices, requiring investors to replenish their initial investment if the stock price drops below a certain threshold, usually 20-25%. If the investor fails to do so, the broker can sell the shares to recover the dues.

30.04 / 04:29

COST wellness Experts cover information Equality What things do I need to consider for buying a critical illness insurance plan?

I am 28 and earning ₹6 lakh annually. I have term insurance of ₹60 lakh. I also have health insurance of a family floater of ₹5 lakh covering me, my wife and our 3-year-old daughter). Now, I came to know about critical illness insurance. Which aspect should I take care of while purchasing critical illness insurance? Congratulations, at your age, you are well informed about insurance needs.

30.04 / 04:03

markets COST Target Manufacturing wellness reports UltraTech Cement share price extends gains after strong Q4 results. Should you buy, sell or hold the cement stock?

₹10,200 apiece on the BSE. UltraTech Cement Q4 results were announced on Monday and the stock had ended 2.7% higher during the session. The country’s largest cement manufacturer reported strong earnings for January-March quarter as its consolidated net profit rose 36% to ₹2,258 crore from ₹1,666 crore year-on-year (YoY), beating estimates, led by a decline in fuel costs and double-digit volume growth.

30.04 / 03:51

markets COST security Strategy trends performer Mutual Funds: How to utilise lump sum investment via STP in volatile markets?

Also Read: What are flexible STPs and how do they adapt to the changing market conditions? STPs can be of three primary types: 1. Flexible STP: Investors can decide the amount to be transferred based on market volatility and predictions about scheme performance. 2. Fixed STP: The total amount to be transferred remains fixed, as decided by the investor.

30.04 / 03:05

markets COST Citi Food Nestle reports Stocks to Watch: UltraTech Cement, Tata Chemicals, Linde India, Trent, IOC, BSE

UltraTech Cement: The company announced on Monday that its consolidated profit after tax for Q4FY24 surged by 36% YoY to ₹2,258 crore. This exceeded expectations, driven by a reduction in fuel costs and a double-digit increase in volume. In Q4FY23, the company had posted a net profit of ₹1,666 crore.

30.04 / 01:27

COST UPS Waters Strategy President reports Videos Will Maldives Islands sink by 2100? Mohamed Muizzu's govt pins hope on 'creating new land' but at a cost

Nature cited scientists as predicting that the islands in the Maldives could be completely submerged by 2100. “The Maldives is also one of the countries most vulnerable to sea-level rise," the article read. It added that 80 percent of its islands are less than one metre above sea level, and less than one percent of the area in the island nation is actually land.

30.04 / 01:13

markets COST UPS FIVE economy Sustainability travelers Affluent Americans are driving US economy and likely delaying need for Fed rate cuts

Older Americans are fueling a sustained boost to the U.S. economy

29.04 / 22:47

COST Gap security Research Healthcare voice social Majority of women agree a retirement storm is brewing

A new survey has found American women are deeply concerned as a nationwide crisis adds to their already-gray prospects for retirement.

29.04 / 21:45

markets COST UPS Airlines Allegiant pandemic Inside Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier

There aren't many newcomers in the airline business

29.04 / 21:45

COST Highways track testing travelers rights Traffic Tractor-trailers with no one aboard? The future is near for self-driving trucks

Late this year, Aurora Innovation Inc. plans to start hauling freight on Interstate 45 between the Dallas and Houston areas with 20 driverless trucks

29.04 / 21:45

COST CEO economy Southern community wellness A second new nuclear reactor is completed in Georgia. The carbon-free power comes at a high price

The second of two new nuclear reactors in Georgia has entered commercial operation

29.04 / 21:23

COST Citi Airlines Southern cover reports International China's longest commercial flights to begin operations. Check route, flying time

China Southern Airlines is launching China’s longest commercial flight from the southern city of Shenzhen to Mexico City. This will surpass the airline’s previous longest route from Guangzhou to New York city. While the latter covers a distance of 12871 kms, the former will cover a distance of 14147 kms, one way, as per a report on CNN. This flight from Shenzhen to Mexico city will be a 16 hour long non stop journey and the distance is expected to be covered in 16 hours. The departure from Shenzhen will be on every Tuesday and Saturday. This service will commence from May 11.

29.04 / 20:45

COST Provident Extreme Sustainability wellness Courts WeWork spurns Adam Neumann, finalises new overhaul deal

WeWork Inc and its major financial backers including SoftBank Group Corp. have struck a new restructuring deal to get the ailing workspace provider out of bankruptcy, spurning a competing financing proposal from co-founder Adam Neumann. WeWork has struck an agreement with senior lenders, who have agreed to provide the business with roughly $450 million in Chapter 11 and exit financing in exchange for equity in the reorganized business. SoftBank and other owners of the company's existing letters of credit could also swap their debt holdings for stock after exiting Chapter 11, WeWork lawyer Steven N. Serajeddini said during a Monday bankruptcy court hearing in New Jersey.

29.04 / 18:23

COST UPS Provident security Trade electronic guidelines Demat Account: Charges applicable on converting physical shares into electronic form

Dematerialisation is the process by which a trader or investor converts physical share certificates into electronic shares. Physical shares can be dematerialised if they have the company's name and face value on them. To verify the physical share certificate, visit bseindia.com and enter the company name or ISIN.

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