COST Financial News

02.04 / 09:57
COST UPS Election Schools Congress attacks Modi govt over 'unfulfilled' commitments to people of Rajasthan
Congress on Tuesday alleged that the Modi government has many «unfulfilled commitments» to the people of Rajasthan, as the party attacked it over issues such as the ERCP project, «anti-Dalit atrocities» and lack of opportunities for the youth of the state. Ahead of the Rajasthan rally of Modi, Ramesh said as the prime minister visits the state, the Congress hopes that he will take this opportunity to address his many unfulfilled commitments to the people of Rajasthan. «On 7th July, 2018 and 6th October, 2018, PM Modi had promised to the people of Rajasthan that the Eastern Rajasthan Canal Project (ERCP) will be given national project status. This was crucial because 90% of funding for national projects comes from the Centre,» he said. After the Congress came to power in 2018, then-Chief Minister Ashok Gehlot wrote to the PM on six occasions, requesting him to fulfil his promise so that this essential infrastructure project could commence, he said.
02.04 / 09:57
COST UPS Action Highways reports rights Revised model concession agreements for toll projects will safeguard interest of all stakeholders: CareEdge Ratings
investor confidence while safeguarding the interest of all stakeholders, the CareEdge Ratings said on Tuesday. The ministry of road transport and highways (MoRTH) had last month revised the MCAs for bidding out toll road projects as it aims to bid out 53 projects, encompassing a total length of 5,214 km and a projected cost of Rs 2.10 lakh crore, for development under the BOT-Toll model. “The revised agreements have incorporated changes to tackle execution woes, ensure funding support during the construction period and mitigate lender’s risk in case of exigencies,” it said, adding it will help address challenges encountered during the execution, operational, and termination phases of BOT toll projects.
02.04 / 09:40
COST security Food Boxing Trade reports New $20 minimum wage for fast food workers in California set to start Monday
Most of California's fast food workers are set to be paid at least $20 per hour.
02.04 / 09:39
COST UPS Provident Death Morningstar reports Courts Cargo ship's owner and manager seek to limit legal liability for deadly bridge disaster in Baltimore
The owner and manager of a cargo ship that rammed into Baltimore’s Francis Scott Key Bridge before it collapsed are seeking to limit their legal liability for the deadly disaster
02.04 / 09:39
COST UPS Provident FIVE 2020 UPS to become the primary air cargo provider for the United States Postal Service
UPS will become the primary air cargo provider for the United States Postal Service
02.04 / 09:25
COST UPS CEO show reports Swiss banking giant UBS to launch share buyback of up to $2 billion
UBS on Tuesday announced a new share repurchase program of up to $2 billion, with up to $1 billion of that total expected to take place this year.
02.04 / 09:01
COST Platform AMD stage country innovations patient Eyestem to begin human trials for its pioneering Dry AMD treatment
Eyestem, a cell therapy company at the forefront of regenerative therapy, has received approval from India’s Central Drugs Standards Control Organisation (CDSCO) to commence human trials for Eyecyte RPE, aimed at combating geographic atrophy arising from dry age-related macular degeneration (AMD). Dr Jogin Desai, Founder and Chief Executive Officer, Eyestem, said in a statement, “The commencement of human trials represents a significant and proud moment for all of us at Eyestem. Being a purpose-driven company, our commitment is to ensure that Eyecyte RPE reaches a much larger patient base than most cell and gene therapies worldwide. Our cell therapy platform has the ability to create products of the highest quality at scale, and we look forward to validating this hypothesis with our flagship product.” “We are delighted to be part of this pioneering effort in this area from our country. The LVP team is solidly behind this project and are optimistic about its success,” said Gullapalli N Rao, Chairman, Founder, L. V. Prasad Eye Institute, Hyderabad.
02.04 / 05:25
COST UPS Manufacturing show 2020 India's March manufacturing PMI rises to 16-year high as output and orders jump to highest since October 2020
India closed out FY24 a «stellar performance» in March, a private survey showed, as companies stepped up hiring in response to strong production and new orders. The HSBC India Manufacturing PMI rose to a 16-year high of 59.1 in March, from 56.9 in February. While this number was the highest since February 2008, it was lower than HSBC's preliminary estimate of 59.2. A reading of over 50 separates expansion from contraction. India's manufacturing output rose for the 33rd consecutive month in the final month as growth quickened across consumer, intermediate and investment goods sectors.
02.04 / 05:01
COST UPS FIVE Fox show 2020 reports How It Started... How It's Going: Homes have become less affordable since Biden took office
FOX Business' Gerri Willis reports on the increased costs of homeownership over the last four years.
02.04 / 04:55
COST UPS Citi Trade country Gold and silver prices Today on 02-04-2024: Check latest rates in your city
The price change in 24 carat gold in the last one week has been -0.51% .whereas in the last month it has been -6.5%. The cost of silver is Rs.78700.0 per kg up by Rs.800.0 per kg. Gold Rate Today in Delhi is ₹69968.0/10 grams.
02.04 / 04:43
COST Analysis Sustainability pandemic trends show cover The pockets of stress in India Inc’s improving credit health
Mint. To assess this, the analysis used interest coverage ratio (ICR), or the ratio between operating profit and interest outgo: if the former exceeds the latter, a company has sufficient cover for its interest obligations. Companies for which the ratio was less than one were classified as ‘stressed’.
02.04 / 03:27
COST Porsche Trade Xiaomi electronic Sporting Xiaomi's stock jumps 16% after launch of electric car
Shares of China's Xiaomi surged as much as 16% on Tuesday after the maker of smartphones and other consumer electronics last week launched a sporty electric vehicle whose design has been likened to Porsche's Taycan and Panamera sports car models. Xiaomi shares touched their highest since January 2022 on the first day of trading after the Easter holiday break and the first since it launched its first-ever vehicle.
02.04 / 03:15
COST UPS CEO reports Equality What’s in an acronym? Advisors name their favorite designations
Time to dig into the alphabet soup better known as financial advisor designations.
02.04 / 00:45
COST Digital Platform WhatsApp Instagram country Schools Reliance's Tamil Nadu campus may host Meta’s first India data centre
Reliance Industries campus in Chennai, several people aware of the matter told ET. This will help the American company process user generated content locally across its flagship apps such as Facebook, Instagram and WhatsApp. The Mark Zuckerberg-led company inked a deal with RIL following discussions at the recently concluded pre-wedding celebrations of Ambani scion Anant at Jamnagar in early March, the sources added.
02.04 / 00:35
markets COST UPS Food Bill Oh dear! The bill for your dinner date just went up. Blame it on pricey cocoa, coffee, palm oil & sugar
chocolates. Bills at quick service and fine-dining restaurants may rise 5-8% starting this month as prices of cocoa, coffee, palm oil and sugar have surged over the past quarter. This will be the first such increase in about 1.5 years, said industry executives and restaurateurs. Prices of cocoa and coffee are at all-time highs and palm oil has risen 10% Y-o-Y. Executives at a dozen restaurant and cafe chains said they are evaluating price hikes this month itself. Aseem Grover, owner of the upscale The Big Chill Cafe and dessert chain The Big Chill Cakery, is monitoring costs carefully.
02.04 / 00:35
COST pandemic War performer Profiles India Inc's improving credit profile sees more upgrades in H2 of FY24
Upgrades continued to exceed downgrades during the October-March rating reviews of Indian companies despite a rise in borrowing costs and supply constraints caused by the war in West Asia and the Red Sea crisis. Domestic consumption, demand across several sectors, government spending on public infrastructure, and healthy balance sheets helped in improving credit profiles, rating agencies said. Major rating companies have recorded more upgrades than downgrades, although the pace moderated sequentially.
01.04 / 21:55
COST UPS Fighting Election community Fishing reports Some premiers would rather ‘complain’ than make carbon price alternative: Trudeau
Andrew Furey is calling on Prime Minister Justin Trudeau to call an “emergency meeting of leaders from across the country” to talk about potential alternatives to the federal carbon price increasing to $80 per tonne.When asked about the call for a meeting, Trudeau said that provinces have always had the ability to come up with their own alternative plans that include the minimum carbon price.“So, all those premiers that are busy complaining about the price on pollution but not putting forward a concrete alternative that they think would be better for their communities are just playing politics,” Trudeau said at a news conference in Scarborough, Ont.“Every province has the opportunity to put forward its own plan as long as they are fighting climate change to the same level that we’re asking all other Canadians to do. That’s what a federal backstop is.
01.04 / 20:57
COST UPS Provident Death Morningstar reports Courts Cargo ship's owner and manager seek to limit legal liability for deadly bridge disaster in Baltimore
collapsed last week filed a court petition Monday seeking to limit their legal liability for the deadly disaster. The companies' “limitation of liability" petition is a routine but important procedure for cases litigated under U.S. maritime law.
01.04 / 20:57
COST security economy Pool Food country reports Food security: Its efficient management is a win for India
₹4.63 trillion. The latest step in this direction, taken in February 2024, has been an enhancement of the authorized working capital of FCI from ₹10,000 crore to ₹21,000 crore. Traditionally, these operations have been financed through food credit.

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