COST Financial News

April 17 marks the 100 days countdown to the Paris Olympics ambitious opening ceremony

The operator of the wrecked Fukushima Daiichi nuclear power plant says it has obtained permission from safety regulators to start loading atomic fuel into a reactor at its only operable plant in Japan, which it is keen to restart for the first time sin...

Americans increased their spending pace in March at a better-than-expected pace from the previous month, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges

L&T: MOSL predicts that Larsen & Toubro's (L&T) growth trajectory will be steered by an 18% surge in order inflows, propelled by a robust pipeline of prospects. Additionally, a gradual rebound in core Engineering, Procurement, and Construction (EPC) EBITDA margin is projected to reach 9.1% and 9.7% by FY25 and FY26 respectively. MOSL highlights the emergence of green shoots and expects ordering to gain momentum post elections, leading to a sector-wide valuation re-rating.

I have inherited some shares which are in demat mode. I have no idea what was the purchase price of these shares. If I sell these shares in the market, then how to calculate long-term capital gains? If I decide to transfer these shares in my son's name do I have to prepare a Gift Deed? In the case of inheritance, the cost of acquisition for capital gains purposes is taken the cost to the previous owner who had bought it for consideration.

₹648 apiece. Brokerage firm Motilal Oswal believes the stock can rise further by as much as 34 per cent. The brokerage firm has reiterated its buy call on the stock with a target price of ₹1,100, based on 45 times FY26E earnings per share (EPS).

The Liberals plan to include measures in the 2024 budget to make sure the wealthiest Canadians “pay more,” according to three government sources.

₹50 lakh home loan at 9% interest for 15 years, stands to pay ₹43.4 lakh in interest if he sticks to the scheduled payments.Also Read: Don't get tripped up! 8 common home loan myths debunked for savvy borrowers In Ankush's situation, he initially paid ₹4.5 lakh as interest in the 1st year. This amount gradually reduces to about ₹2 lakh by the 11th year of the loan period. Should Ankush stick to the regular payment schedule without adding any extra amounts, he'll end up paying a total of ₹43.4 lakh in interest, besides repaying the principal amount of the loan.

Levi Strauss & Co’s jeans got a hat tip with the recent release of Beyoncé’s album, Cowboy Carter, which draws on country and folk music across cultures and eras. It includes a sensual song called Levii’s Jeans. As fans speculate, the double ‘i’ plays off the fact that the album is ‘Act II’ of a planned trilogy.

Last week, the economics division at the ministry of finance in India invited Professor Mike Hulme at the University of Cambridge to share his views on climate change. In 2007, he received a personalized certificate from the Intergovernmental Panel on Climate Change (IPCC), recognising his contribution to the (joint) award of the 2007 Nobel Peace Prize to the IPCC. His recent work, Climate Change Isn’t Everything piqued my interest, and I read it.

Kotak Mahindra Bank Ltd. expects the addition of the country’s sovereign bonds to JPMorgan Chase & Co.’s global indexes from June to boost banks’ liquidity and reduce the need to aggressively pursue deposits in the short term. The anticipated entry of overseas funds into India’s $1.2 trillion government debt market presents an opportunity for lenders including Kotak to sell part of their bond investments to these new buyers, according to Joint Managing Director K.V.S Manian. The move is expected to unlock funds for lending purposes and ease the pressure on banks that have been relying on costly deposits to disburse loans, Manian said in an interview. Kotak holds securities well in excess of the minimum statutory liquidity ratio mandated by the Reserve Bank of India, he said. Banks in India are the largest holders of government bonds.

Honda Activa. Footage from CCTV cameras, shared by TV9 Kannada on YouTube, documented her numerous transgressions, totaling 270 instances. Additionally, authorities confiscated her Activa. This substantial fine underscores the severe repercussions of irresponsible riding. It also underscores the efficacy of CCTV surveillance, increasingly employed by urban centers to monitor traffic and levy fines digitally, reducing the reliance on physical enforcement.

Murugappa Group and Tata group’s Titan Company to assemble — and, possibly, manufacture — sub-components for iPhone camera modules, people aware of the matter told ET. If talks fructify, the Indian supplier ecosystem will deepen for the Cupertino company as it shifts more of its operations away from China.

EoDB) at a time when the sector is poised for growth with increasing adoption of cloud and artificial intelligence. The industry currently has to rely on leasing bandwidth for these purposes from licensed telecom service providers at a significant cost. While the government has been apprised of the issue, things have been moving at a snail’s pace, executives said.

Lynx Air says customer refunds are a big expense for the insolvent company thanks to an unco-operative contractor.

Tesla will lay off more than 10 per cent of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs).

finance ministry has approved the release of funds for six more months through September 2024 under the government's flagship housing scheme, a move that will enable completion of about 3.5 million rural houses, a senior official told ET. The government had set a target of building 29.5 million houses under the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) by March 2024 to realise its «housing for all» goal. Approval was granted to construct nearly all these. About 26 million houses have already been built since November 2016 when the scheme was rolled out revamping the erstwhile Indira Awas Yojana.

Companies are cutting staff and focusing on efficiency amid a commitment to do more with less following a year of widespread layoffs. Tesla announced a round of layoffs on Monday, joining Alphabet, Amazon and UPS among major companies to cut jobs in recent months. The layoffs this year suggest that companies are cutting in more targeted areas–even as some of the biggest tech companies have continued to grow, adding more jobs than they’ve cut.

NEW DELHI : In an aggressive move to boost market share and strengthen its financial footing ahead of its initial public offering (IPO), Ola Electric has substantially reduced the price of its new S1X scooter, powered by a 2kWh battery, which it had announced in February. The price cut of ₹10,000, a 12.5% reduction from the original ₹80,000, brings the ex-showroom cost down to ₹70,000.

Executive Vice President of National Taxpayers Union Brandon Arnold joins 'Fox Business Tonight' to discuss why stocks are sinking ahead of Christmas weekend.

If you’re considering buying your dream home and need a home loan, it’s important to compare interest rates offered by various banks. Interest rate is one of the key factors for every loan borrower.