COST Financial News

Hyundai, Tesla and BMW. Individuals can check the database maintained by the National Highway Traffic Safety Administration on whether their vehicle has been recalled or not. The users will need to keep their Vehicle Identification Number or VIN ready before checking the database, as per a report on USA Today.

XUV3X0, with a starting price of ₹7.49 lakh, is the most affordable option in the compact SUV category, and is set to compete with the likes of Maruti Suzuki Brezza and Hyundai Venue. Despite its low price, it boasts a range of features that make it an attractive choice for budget-conscious buyers. In comparison, Maruti Suzuki's Brezza starts at an ex-showroom price of ₹8.34 lakh, while Tata Motors' Nexon begins with an ex-showroom price of ₹8.15 lakh.

Most Canadians — in fact nine out of 10 — say the Canada Pension Plan is an important source of their retirement income and six out of 10 say it’s essential and they can’t do without it.

Honda Motor Co. Ltd.’s announcement last week that it’s building a $15-billion “vertically integrated” electric-vehicle and battery-cell manufacturing complex in Ontario has opened a new chapter in the country’s industrial strategy for the energy transition.

Valorant Episode 8 Act 3 is set to launch on April 30, 2024, unveiling the Mystbloom bundle. This new weapon set is highly anticipated by the community, boasting a captivating lotus theme and a long-awaited pink color scheme, as per a Dexerto report.

humanitarian aid has risen to $320 million, a U.S. defense official and a source familiar with the matter told Reuters. The figure, which has not been previously reported, illustrates the massive scale of a construction effort that the Pentagon has said involves about 1,000 U.S. service members, mostly from the Army and Navy. Still, the cost has roughly doubled from initial estimates earlier this year, according to a person familiar with the matter.

Jana Small Finance Bank has reported doubled its March quarter net profit from ordinary activities at Rs 167 crore against Rs 81 crore in the year ago period, backed by robust business expansion and lower credit cost. The net profit however comes to Rs 344 crore, reflecting a four-fold jump, if the deferred tax assets of Rs 170 crore is included.

Squeezed household budgets may be forcing some American homeowners to tap savings accounts for their monthly mortgage payments but it’s helping maintain low delinquency rates.

As the working week drew to a close in Frankfurt, Deutsche Bank AG’s Christian Sewing was on a roll. Upbeat first-quarter earnings had sent the lender’s shares to the highest level since 2017, bolstering a perception that the firm had finally shaken off its scandal-prone past.

Almost threefold growth has occurred in Indian benchmarks over the past decade. The meteoric rise of the stock market has also attracted retail investors' participation in India's equity markets. Income from investments attracts taxes in the form of dividend distribution tax (DDT), long-term capital gains (LTCG), and short-term capital gains (STCG), which individual investors must understand carefully. If investors do not engage in proactive tax management, these taxes have the potential to reduce their total returns. 

Mytek Innovations has launched a first-of-its-kind digital platform that uses open artificial intelligence (AI) tools to help contractors deliver infrastructure projects on time. This AI-enabled platform can analyze the input cost required to complete a project and auto-generate a detailed, milestone-wise plan to complete the project on time and reduce completion cost by 10-12%. Contractors and subcontractors can use this platform to plan rapidly and begin work without delays. Additionally, once registered on Mytek’s contactor app, contractors can apply for funding to execute the project. “Today, delays and budget overruns are commonplace in infrastructure projects. Mytek’s platform will be a powerful tool for contractors and subcontractors all around the country that helps contractors save costs and deliver projects on time. We are using the latest technologies to not only revolutionize project planning but also democratize it,” said Shivkumar Borade, founder and chief managing director of Mytek Innovations.

BSE shares was brought to a screeching halt on Monday after market regulator Sebi asked the bourse to pay regulatory fee based on notional turnover and not premium turnover. Preliminary calculations done by the stock exchange shows that it could lead to an additional payout of Rs 165 crore plus GST. Based on the annual turnover considering notional value of option contracts, the total differential Sebi regulatory fees from FY 2006-07 to FY 2022-23, would be approximately Rs 68.64 crore plus GST, which includes interest of Rs 30.34 crore. For FY24, the differential Sebi regulatory fees for the year could be around Rs 96.30 crore plus GST.

home/flat/apartment/bungalow, etc you have to pay a booking amount before finalising the deal. It is intended to put some cost to cancellation of the deal because backing out creates problems for the builder and the home buyer. For the builder, it means he/she has to spend resources again to find a new buyer. For the home buyer, it means he/she may lose out on the booking amount which was initially given to the builder for booking the said home. So, what happens if a buyer has to cancel the booking due to an unavoidable reason? As per an ET Wealth Online report last week, a similar incident happened when a home buyer backed out of the purchase deal, and the builder forfeited the entire Rs 5 lakh that was given as a booking amount. Read more about how MahaRERA rescued this buyer.

FMCG companies — Hindustan Unilever (HUL), Tata Consumer Products (TCPL) and Nestle India — declared March quarter results. Here are key takeaways: Margins & Volumes While volume growth was tepid to modest for the three companies, gross margins have expanded. Margin expansion has been achieved through better operational efficiency or productivity gains. Taking price rises, lowering ad spends and rationalising costs are the various levers used.

gold in the last one week has been 0.88% .whereas in the last month it has been -7.71%. The cost of silver is Rs.83900.0 per kg down by Rs.600.0 per kg. Gold Rate Today in Delhi is ₹74114.0/10 grams.

filing ITR before June. This is because tax deducted at source (TDS) reporting exercise by banks and other entities on interest income on fixed deposits and savings accounts finishes by 31 May. Similarly, employers start releasing Form16 of employees in the first week of June.

₹186.20 apiece on the BSE, the stock touched an intraday high of ₹191.50 and an intrday low of ₹182.05. According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, the IREDA share price has seen a gap-up opening and is now sustaining above the previous key hurdle of 180. A close above 180 will trigger a strong upside in the near term, possibly towards 210, and support would be 170.

₹12,966 apiece on the BSE with its market capitalisation surpassing ₹4 lakh crore. Maruti Suzuki India, the largest passenger car manufacturer in India, reported a net profit of ₹3,878 crore in Q4FY24, registering a sharp growth of 48% from ₹2,623 crore in the corresponding period last year. The company’s revenue from operations during the quarter rose 19.3% to ₹38,235 crore from ₹32,048 crore, YoY.

As nations, both India and the US have shared civilizational values, especially the unshakeable belief in democracy as a just and equitable political model. There is another critical area where commonality seems to be emerging: the path that leads from monetary policy to the political economy. The US central bank, the Federal Reserve, and the Reserve Bank of India (RBI) are both confronted with a quandary that has implications for the theatre of politics.

Q4 results today: A total of 35 companies will announce their financial results for the fourth quarter of FY24 today, April 29. Also Read: Q4 results: 211 companies to declare earnings this week UltraTech Cement, Trent, UCO Bank, KPIT Technologies, Poonawalla Fincorp, Tata Chemicals, Gillette India, PNB Housing Finance, Birlasoft, KFinTechnologies, Can Fin Homes, Vesuvius India, Shoppers Stop, Spandana Sphoorty Financial, eMudhra, Tips Industries, Jana Small Finance Bank, and Fedbank Financial Services will announce their Q4 results today. Rossari Biotech, LG Balakrishnan and Brothers, Shipping Corporation of India Land And Assets, Indostar Capital Finance, Satin Creditcare Network, Veefin Solutions, Aurum Proptech, Ador Fontech, Quest Capital Markets, Lagnam Spintex, CNI Research, Sumeru Industries, and Jumbo Bag are also scheduled to release their Q4 FY24 earnings during the day.

AI plumbing. It may not sound as exciting, but tens of billions of dollars are quickly being spent on behind-the-scenes technology for the industry's AI boom. Companies from Amazon to Meta are revamping their data centers to support AI. They are investing in huge new facilities, while even places like Saudi Arabia are racing to build supercomputers to handle AI. Nearly everyone with a foot in tech or giant piles of money, it seems, is jumping into a spending frenzy that some believe could last for years.