COST Financial News

22.01 / 14:19

COST Target MET Bill country PM Modi announces rooftop solar scheme, his 1st decision after Ram Temple inauguration

Ram temple ceremony in Ayodhya, Prime Minister Narendra Modi announced a scheme to install rooftop solar systems in 1 crore homes. This is his first scheme after the consecretion ceremony.

22.01 / 14:03

COST UPS Cooper Research Nano Universities reports The disquiet around Iffco’s magic fertilizer

₹225, the actual cost of a bag of urea, including government subsidies, is ₹3,000. Urea is the most popular crop nutrient—the most important source of nitrogen for crops which is required for photosynthesis and vegetative growth. With two sprays, farmers could drastically reduce the use of granular and heavily subsidized urea by almost half.

22.01 / 13:31

COST CEO Entertainment Enterprise Sony film In Ayodhya, Zee boss Punit Goenka dubs Sony deal termination as 'a sign from the Lord'

Zee Entertainment Enterprises Ltd (ZEEL) Punit Goenka today dubbed the breakdown of Sony-Zee deal as a sign from Lord Ram.

22.01 / 13:31

markets COST UPS Target Schools Persistent to visit fewer campuses to hire freshers; aims to expand margins

Persistent Systems aims to visit fewer campuses for hiring freshers, a senior official said on Monday. Over the next three years, the company is also targeting to expand its operating profit margin by about 3 percentage points above the levels of about 14.5-15 per cent it aims to exit FY23, its chief financial officer Sunil Sapre told PTI. Speaking two days after the Pune-based company announced its December quarter earnings, Sapre said it is already carrying candidates who have been trained for 18 months in some cases and are yet to be deployed on projects, which is making it circumspect about fresher hiring in the new year.

22.01 / 12:57

COST UPS show performer reports Hedge fund profits soared in 2023, but which ones did best?

Billionaire money managers Chris Hohn and Ken Griffin led hedge funds to deliver one of the best years for clients in 2023.

22.01 / 12:55

markets COST UPS Strategy Research War As inflation slows, Europe Inc must show off its margin might

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22.01 / 12:53

COST Citi BLOCK Airlines JetBlue travelers Courts Spirit Airlines rises premarket after group, JetBlue appeal ruling blocking merger

Investing.com -- Shares in Spirit Airlines (NYSE:SAVE) moved higher in premarket U.S. trading on Monday after the budget carrier and JetBlue Airways (NASDAQ:JBLU) announced that they had appealed a federal court decision blocking their proposed merger on antitrust concerns.

22.01 / 11:49

COST UPS security wellness Diversity cover Your Money: Term cover for women cheaper, homemakers now picking up independent term insurance plans

By Rhishabh Garg

22.01 / 11:49

markets COST Citi Provident Metro Intuit social Financial Rent vs Buy: Unpacking the emotional and financial calculus in a volatile market

Housing decisions balance emotional aspirations and pragmatic finances – but market fluctuations scramble norms. As housing price corrections mingle with rising mortgage rates, the intuitive “rent vs buy” debate grows more layered today. It pays to re-evaluate variables systematically despite instinctive urges.

22.01 / 06:39

COST Provident Apple Enterprise Interface President information Apple executives unveil Vision Pro's future in surgery, aircraft repair, and education

Rockwell, the vice president overseeing the device, highlighted the potential for the Vision Pro in surgical settings. He explained that surgeons often face challenges in accessing scattered information during procedures. The mixed-reality headset could consolidate this data, providing a comprehensive and streamlined interface to potentially enhance patient outcomes.

22.01 / 06:01

markets COST trends Universities reports International Tata Motors joins industry trend, hikes price across passenger vehicle lineup

Tata Motors has declared a price hike across its entire passenger vehicle lineup, with an average increase of 0.7% slated to take effect from February 1, 2024, reported HT Auto. The homegrown automobile giant cited the need to partially counterbalance escalating input costs as the primary reason behind this decision. Despite this announcement, the specific revised prices for individual Tata cars after the increase have not been disclosed.

22.01 / 06:01

COST FIVE donates Destinations Ayodhya Ram Temple inauguration, in numbers

Pran Pratishtha’, or consecration, rituals. This temple, a central item on the Bharatiya Janata Party's agenda for nearly five decades, is poised to transform Ayodhya and significantly boost tourism in the area.

22.01 / 04:51

COST UPS Provident Citizens exclusive Can I claim tax benefit on medical costs?

—Name withheld on request

22.01 / 04:51

COST UPS Aware Bill cover hospital Features How to cut down on expenses with health insurance

Health insurance is a financial saviour but a lack of clear understanding of the terms and conditions can lead to some out-of-pocket expenses for the policyholder. When buying health insurance plans, people usually connect with insurance agents or sales professionals who are eager to close the deal and hence suggest plans depending on what the customer is willing to pay. If one cuts back on benefits and features, the plan becomes pocket-friendly and is thus easy for the agents to close the deal. Due to lack of awareness, people buy such plans and suffer when the claim arises. So, here are a few factors one should consider when buying health insurance

22.01 / 04:25

COST Manufacturing Election awards Highways country India’s infra push to put UltraTech on road to growth

UltraTech Cement is optimistic about capacity utilisation and broader demand expansion, except in the northern region. The management also expects declining fuel costs to boost profitability at India's biggest manufacturer of the primary building material as the nation enters an election year.

22.01 / 03:45

COST UPS Provident trends reports UltraTech ups its capex ammo, eyes industry-leading growth

₹9,000 crore per annum each in FY24/ FY25 versus ₹6,000-7,000 crore earlier. Excluding the recent Kesoram Industries deal, UltraTech’s cement capacity as on December 2023 stood at around 133 million tonnes per annum (mtpa). The management is confident of achieving 200 mtpa capacity by 2028.

22.01 / 03:37

markets COST economy inclusion Gloom over china assets spreading beyond stocks

stocks, with investors expecting the yuan and government bonds to underperform in a year when the Federal Reserve's dovish pivot is set to buoy emerging markets. Bearish sentiment toward China has intensified as the latest data confirmed the world's second largest economy remains in the doldrums. While the gloom adds impetus for the People's Bank of China to lower interest rates, investors say the monetary authority has less room to cut than its major global peers, whose borrowing costs are now at multi-year highs.

22.01 / 03:37

markets COST Digital economy BURST Election Schools Markets in a fairy tale scenario; US tech space is close to a bubble: Vincent Mortier, Amundi

Vincent Mortier, Group CIO of France's Amundi, Europe's largest asset manager, said the US Federal Reserve may not cut rates in March as the market is expecting. In an interview with Nishanth Vasudevan, Mortier, who oversees global assets under management worth over $2 trillion, spoke on a range of topics. Edited excerpts: The market is expecting the US Fed to cut rates as early as March. What are your thoughts?

22.01 / 02:07

COST UPS Aware country NOT India’s basket of crude price not likely to decline in FY25

NEW DELHI : The price of the Indian basket of crude oil is unlikely to reflect cheap Russian oil prices in the next financial year despite making up a significant chunk of India’s oil imports. The Indian basket of crude oil represents a derived basket comprising of sour grade (Oman & Dubai average) and sweet grade (Brent dated) of crude oil processed in Indian refineries in a ratio of 75.62 : 24.38. Two people aware of the developments said that irrespective of the quantity of Russian oil imports the crude basket price may not include their price as there is no benchmark price of the Russian crude variants.

22.01 / 01:01

Blockchain COST ICO Trade Bitcoin stage Shiba Inu (SHIB), Bonk Inu (BONK), Mollars, or Bitcoin (BTC) Could Return Traders $22,000 Profit From $100 Invested Today

Bitcoin ($BTC) Alternative, Mollars ($MOLLARS), is in its 3rd round of the token presale stage today. Investors are buying into the crypto at a record pace, closing in on 100,000 tokens being sold daily. A store-of-value token that will help traders across the world save money against the growing crisis of inflation and avoid Bitcoin-blockchain fees, perhaps will also gain today’s investors massive profits of $22,000 per $100 invested.

21.01 / 23:09

markets COST Booking CEO Mobile Pvt banks see muted Q3, challenges ahead

₹10,270 crore at the end of December quarter, higher than market estimates. Vaidyanathan also expressed confidence of seeing an improvement in the share of current and savings accounts or Casa in its overall deposits. The Casa deposit share fell to 38% in Q3 compared with 42% in the June quarter, and 44% in the December 2022 quarter.

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