COST Financial News

24.01 / 04:57

COST Target Trade show reports recommendations Commentary Axis Bank shares fall 5% post Q3 earnings. Should you buy, sell or hold?

Axis Bank shares fell over 5% to the day's low of Rs 1,034.75 on Wednesday notwithstanding its December quarter earnings which were higher than what Street expected. Positive commentary by a couple of top brokerages failed to cheer the investors as selling pressure in top banking counters prevailed.

24.01 / 04:45

markets COST Airlines Universities prevention Investigations The European Commission launches an in-depth look at competitive costs of the Lufthansa deal for ITA

The European Commission has announced an in-depth investigation of German airline Lufthansa’s planned takeover of Italian carrier ITA Airways citing competitive concerns

24.01 / 04:45

COST Provident Platform ByteDance TikTok social Videos TikTok is laying off dozens of workers as the tech industry continues to shed jobs in the new year

TikTok is laying off dozens of workers in its advertising and sales unit, becoming the latest tech company to trim jobs in the new year

24.01 / 04:23

COST UPS Trade show reports Bajaj Auto Q3 results today: What to eye in the fineprint; how to trade the stock?

Bajaj Auto Ltd is scheduled to release its third quarter earnings later today, as Dalal Street investors are optimistic of the company putting up a good show given strong volume growth and operating leverage benefits.

24.01 / 03:17

COST UPS show track reports Q3 Results Today: Bajaj Auto, Tata Steel, Tech Mahindra, DLF among 78 companies to announce earnings

earnings season, Wednesday will see another seventy eight companies listed on the BSE announcing their December quarter earnings. The Street will be closely tracking the results of two-wheeler major Bajaj Auto along with Nifty constituents Tata Steel and Tech Mahindra.

24.01 / 02:47

COST FIVE show reports economic data Gold steadies as traders brace for US economic data

Want to take exposure to a sector which grows much faster than GDP

23.01 / 22:35

COST UPS Netflix wellness Trade reports Netflix Q4 revenue tops estimates on blowout subscriber growth

Investing.com — Netflix reported Tuesday fourth-quarter earnings that missed, but revenue topped Wall Street estimates as efforts to curb costs boosted margins and a strong slate of shows helped the streaming giant rack up much more subscribers than expected in the quarter.

23.01 / 22:31

COST Provident voice Department Airtel prepays ₹8,024 cr in spectrum fees

NEW DELHI : Bharti Airtel Ltd on Tuesday prepaid ₹8,325 crore to the government to clear part of its deferred liabilities for the spectrum it acquired in 2015, the carrier said in a statement to the exchanges. India’s No. 2 telecom services provider said the advance payments would help it save costs.

23.01 / 21:07

COST Digital Fox economy Election President 'Getting less for your buck': Voters in New Hampshire deliver thoughts on economy

Voters in New Hampshire shared whether the state of the economy was a concern for them ahead of the 2024 election, with some citing continued high costs.

23.01 / 20:05

COST UPS security Experts country travelers Department Don’t let this passport quirk upend your next vacation. It 'trips a lot of people up,' expert says

Passport processing times are back to normal after big delays in 2023, making it less likely travelers will miss a trip because of a stalled renewal.

23.01 / 20:01

markets COST Action Gap economy show Headlines All-Time Highs Expose Increasing Disconnect Between Stock Market and Real Economy

As the stock market hit all-time highs this past week, there remains an interesting disconnect from the more dour economic concerns of the average American. A recent survey by Axios, a left-leaning website that supports the current Administration, addressed this issue:

23.01 / 18:36

COST FIVE performer ITR filing doubles to 77.8 million in 10 years

The cost of tax collection fell to 0.51% of total collection in 2022-23 from 0.57% of total collection in 2013-14. It was as high as 1.36% of the total collections in 2000-01 but has steadily declined over the years, mainly on account of use of technology. The total number of I-T returns filed in FY 2023 was 104.91% more than 38 million returns filed in FY 2014, as per the time series data released by the Central Board of Direct Taxes.

23.01 / 17:56

COST Aviat Boeing Trade reports United Airlines expects to lose money in the first quarter due to the grounding of Boeing Max 9 jets

United Airlines is warning that it will lose money in the first three months of the year partly because of the grounding of its Boeing Max 9 airplanes

23.01 / 17:56

COST UPS Target Racing reports travelers gatherings Support Hawaii's governor hails support for Maui and targets vacation rentals exacerbating housing shortage

Hawaii Gov. Josh Green used his annual State of the State address to lead lawmakers and guests in a moment of silence for victims of the Lahaina wildfire

23.01 / 17:55

COST CEO Dover Courts Investigations International Appeals court reverses judge's ruling, orders appointment of independent examiner in FTX bankruptcy

A federal appeals court has ordered the appointment of an independent examiner in the bankruptcy case of FTX

23.01 / 17:55

markets COST Opinion Intuit Trade country TurboTax maker Intuit barred from advertising 'free' tax services without disclosing who's eligible

U.S. regulators have barred TurboTax maker Intuit Inc. from advertising its services as “free” unless they are free for all customers, or if eligibility is clearly disclosed

23.01 / 17:31

COST UPS security show Equality record high Direct tax-GDP ratio hits record high in FY23

NEW DELHI : Direct tax revenue as a share of gross domestic product (GDP) touched a record 6.1% in FY23 amid a strong growth in mop-ups and an increase in the number of tax payers, the Central Board of Direct Taxes (CBDT) said on Tuesday. The share of women in the total number of Permanent Account Numbers (PAN), needed for a host of financial transactions, also improved to 41% at the end of March 2023, up from 37.2% at the end of March 2019, suggesting increased participation of women in financial activity, data shared by CBDT showed. Women in the age group of 20-40 years accounted for close to two-fifths of all PAN numbers issued by the end of March 2023.

23.01 / 17:25

COST Progressive Software trends President reports Big ATM push: 10,000 new ATMs to be installed in next one and a half years: Report

Banks are expected to witness a big ATM refresh cum addition cycle in the next 12-18 months, involving replacement of nearly 40,000 ageing ATMs, and expansion of network by about 10,000, as per industry estimates, reported Business Line.

23.01 / 17:19

markets COST UPS Fighting economy trends show Bank of Canada readies for its 1st rate decision of 2024. Here’s what to know

As the Bank of Canada prepares to make its first interest rate decision of the year on Wednesday, economists say headwinds in the “last mile” of the inflation fight will serve as a final hurdle before rate cuts can begin.

23.01 / 17:19

COST Manufacturing economy Research show reports Headlines Canada hit technical recession in 2023, small business group forecasts

Canada’s economy hit a technical recession at the end of 2023 and will continue to struggle to grow in the new year, according to forecasts from the Canadian Federation of Independent Business.

23.01 / 17:16

COST UPS Provident reports Axing GST on carbon pricing could cost $1B in lost tax revenue: watchdog

A Conservative bill to remove GST from Ottawa’s carbon pricing plan could eventually lead to $1 billion in lost tax revenue, the parliamentary budget officer (PBO) says.

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