COST Financial News

ABUJA (Reuters) -Nigeria's central bank raised its monetary policy rate by 200 basis points to 24.75% from 22.75%, its governor Olayemi Cardoso said on Tuesday.

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1. HP Deskjet 2331 Colour Printer HP Deskjet 2331 is an all-in-one colour printer for home use with print, copy, and scan functions. It features a high-speed USB 2.0 for a quick and efficient connection.

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Rail Vikas Nigam Ltd saw a 7.2% surge in its shares on Tuesday, March 26, following its agreement valued at ₹229 crore with the Airports Authority of India (AAI). In a recent filing with the exchange, the company disclosed the execution of a Memorandum of Understanding (MoU) with the Airports Authority of India. This MoU is geared towards streamlining the development of a subway or underpass, intended to link the operational area to the residential colony of the statutory body in Kolkata.

NEW DELHI : Recent increases in the prices of essential raw materials, including crude oil, palm oil, coffee, and cocoa, could halt the “meaningful" expansion in gross margins that makers of fast moving consumer goods (FMCG) have witnessed over the last few quarters. Faced with such cost pressures, companies are poised to tread carefully before transferring these increases to consumers, mindful of the competitive landscape and the imperative to sustain sales volumes.

index funds. There are multiple benefits to incorporating index funds into your investment approach. Here are some of the primary advantages: Diversification: Index funds provide immediate diversification by tracking a specific market index, which reduces risk compared to selecting individual stocks.

As Ather Energy gears up to launch its family scooter shortly, Ravneet Phokela believes that the stage is set for the next phase of rapid growth and expansion to new regions across India. “With this new offering, Rizta, we will have the relevant customer base in place. We are very well distributed across the South and this electric scooter will help us grow in the North and West too,” Phokela, Chief Business Officer of Ather, told ETAuto.

Hong Kong has increased the income tax paid by anyone earning over $640k and above to 15%, but compared to Singapore, Hong Kong looks generous. In Singapore, income tax is 15% from $89k and 22% from $237k and above.

As banks cast around for additional costs to cut in the absence of a big rebound in revenues, a particular kind of person is at the top of their chopping lists: the one who was hired at the height of the pandemic. 

The turbulent years that followed the global financial crisis were not an ideal time for Michael Dorrell and Trent Vichie to be seeding a new infrastructure fund.

The Federal Reserve keeps promising interest-rate cuts. Treasury yields, a key driver of mortgage rates and other borrowing costs, keep rising anyway. As of Monday, the yield on the benchmark 10-year U.S.

₹600 crore in the last year, the committee has highlighted the immediate need for the centre to focus on return on investment and advised that the management should leverage the TIC’s artificial intelligence and machine learning tools to gain a deeper insight into consumer profiles. The management should also reduce the expenditure at the TIC by 50%, for financial year 2024-25; and utilize its services to enhance the company’s content development, distribution and monetization approach, the committee has added.

Investors in Crompton Greaves Consumer Electricals Ltd are a worried lot, with the stock down by 13% so far in 2024. A key factor souring investor sentiment is the delay in the turnaround of Butterfly Gandhimathi Appliances Ltd, in which it has a 75% stake. It may be a while before there’s respite on this front, but there are some comforting factors at the moment.

What is liability coverage? Liability coverage, often referred to as third-party insurance, is a mandatory component of both car insurance and bike insurance in India. But what does it precisely cover? Picture this situation–you are driving your newly purchased car through the busy streets of Mumbai when suddenly a motorbike crosses your path unexpectedly. Despite hitting the brakes, you couldn't avoid the collision. Now what? This is where your third-party liability coverage comes into play. Understanding third-party liability coverage This type of insurance covers any damage or injury caused to another person (the third party) by your vehicle. From medical expenses, if there are injuries or even fatalities, to compensating for any property damage caused by your vehicle – these are covered under third-party liability.

Solid credit score and history: Demonstrating a high credit score (typically exceeding 750) and maintaining a clean credit history devoid of any defaults strongly indicate your capability to repay the loan. - Consistent employment and income: Holding a steady job with a reliable income showcases your ability to meet regular loan obligations. - Established customer relationship: Numerous lenders extend pre-approved loans to their existing customers, especially those with a favourable credit history.

Also Read: Small & Medium REITs framework to boost property fractional market growth by 10 times to $5 bn, say industry players Fractional ownership of holiday homes helps to overcome the issues faced by the second home market. Mayur Raj Kapoor, Co-Founder & CEO, BRIK itt shared that he introduced fractional ownership of holiday homes to address these problems. “There are three main issues we identified in the second home market.

₹2,994 on Tuesday. Despite concerns of competition from paint companies and unorganised manufacturers, some favourable factors could help Pidilite retain its edge and keep investors glued to the stock. However, sky-high valuations could be a sticking point.

United States. The manner in which the terminations were carried out has raised eyebrows and reignited discussions around appropriate layoff etiquette.

By Leika Kihara

gold in the last one week has been -1.99% .whereas in the last month it has been -6.06%. The cost of silver is Rs.77900.0 per kg up by Rs.500.0 per kg. Gold Rate Today in Delhi is ₹68124.0/10 grams.