COST Financial News

15.01 / 11:25

COST security reports rights Sodium batteries offer an alternative to tricky lithium

restricted chip-industry exports to China. Fortunately, lithium is not the only game in town. As we report this week, a clutch of firms are making batteries based on sodium, lithium’s elemental cousin.

15.01 / 09:31

markets COST security Research Experts performer week 9 out of 10 Nifty IT stocks hit 52-week high; is the investor exuberance on IT overdone? Here's what experts say

Wipro, HCL Tech, Tech Mahindra, LTIMindtree, Coforge, Persistent Systems and L&T Technology Services - simultaneously achieving their respective 52-week highs. The robust surge in IT stocks played a pivotal role in propelling the Nifty 50 and the Sensex to attain new all-time highs on Monday. The Q3FY24 numbers of several Indian IT firms were not as bad as analysts had feared.

15.01 / 09:15

COST FIVE Waters security Parke country open Puri Jagannath Heritage Corridor project to open for public on January 17: Ten things to know

The 'Shree Mandir Parikrama,' also known as the Jagannath Heritage Corridor Project, at Odisha's Puri's Lord Jagannath temple is set to be inaugurated on January 17. This initiative, completed by the Odisha Bridge & Construction Corporation (OBCC) and handed over to the Sri Jagannath Temple Administration (SJTA), aims to enhance the visual appeal and surroundings of the iconic Jagannath Temple. Though no changes have been made in the temple, the area within the 75-metre corridor of the boundary wall of the Jagannath temple has been developed to enhance the infrastructural aspects around the temple. The inauguration comes just five days ahead of the Ram temple coronation

15.01 / 08:20

COST Sustainability Research Trade consequences reports surges week Just Dial share price surges 8.5%, hits 52-week high on strong Q3 results. Should you buy, hold or sell?

₹906.70 apiece on BSE. Just Dial stock price touched an intraday high of ₹945.80 and a low of ₹888.95 apiece. According to Ruchit Jain, lead research analyst at 5paisa, Just Dial stock has recently seen an upmove but is trading around its hurdle, which is in the range of 950–950.

15.01 / 08:19

markets COST Experts information recommendations week Penny Multibagger penny stock under ₹10 hits 52-week high after incorporation by its subsidiary

Penny stock under ₹10: Vikas Lifecare shares are one of those small-cap stocks of the Indian stock market that are priced under ₹10 per share. This penny stock under ₹10 has been in an uptrend after ushering in the new year 2024. The small-cap stock has surged from ₹4.95 to ₹7.45 apiece levels in the year 2024, delivering over 50 per cent return to its positional shareholders.

15.01 / 07:19

COST UPS Citi pandemic reports What's driving up housing prices in India?

₹40 lakh) in new supplies has been shrinking in the top seven cities, from 24% in Q3 2021 to 18% in Q3 2023, according to Anarock, a property consulting firm. In Q3 2019, this segment accounted for 41%. This drop is driven by several factors, including higher land value and construction costs.

15.01 / 07:19

COST Citi Provident Airlines Align Parke travelers SpiceJet introduces non‐stop flights connecting Ayodhya with 3 Indian cities | Details here

Amitabh Bachchan buys plot in Ayodhya's The Sarayu for ₹14.5 crore The special flight caters to passengers attending the Ram Temple consecration ceremony on January 22. The airline aims to connect Ayodhya with several other major cities across India soon, SpiceJet said in a press statement. Parking trouble awaits private jets on way to Ayodhya "We are happy to announce the introduction of non‐stop flights connecting Ayodhya with Chennai, Bengaluru, and Mumbai.

15.01 / 07:19

markets COST UPS CEO Tesla Discover social Hertz, Tesla and the Perils of CEO Groupthink

Hertz announced to much fanfare on Oct. 25, 2021, that it planned to buy 100,000 Teslas. “Electric vehicles are now mainstream, and we’ve only just begun to see rising global demand and interest," then-CEO Mark Fields said.

15.01 / 05:47

COST UPS Citi Metro Food Updates Cost of Living LIVE Updates Jan 15: Petrol and diesel prices steady. Check fuel rates in your city here

Cost of Living LIVE Updates January 15: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

15.01 / 05:47

markets COST hiv Gilead social innovations Courts California Invents a Crazy New Tort

Businesses are often sued for selling allegedly faulty products that aren’t actually defective. Last week a California appeals court ruled that businesses can also be sued for failing to develop a product. Behold California’s new tort standard: You should have built that.

15.01 / 04:51

COST Election Experts reports recommendations Centre may raise national minimum wage ahead of Lok Sabha elections, panel recommendations awaited

wage hike could be on the horizon as the central government considers adopting the suggestions of a high-level expert panel, The Economic Times reported. Officials anticipate that the recommended floor wage, set by an expert committee led by SP Mukherjee since 2021, might be enforced before the upcoming general elections scheduled for April-May this year, it added. The committee, established for a three-year term until June 2024, is on the verge of submitting its report, sources told the paper.

15.01 / 04:51

COST UPS Digital reports Commentary Is the glass half full for Tier-1 IT firms?

Wipro were better than estimates. Expectations were low as Q3 is a seasonally weak quarter due to furloughs coupled with the ongoing demand uncertainty. Notably, management commentary is still cautious with large-caps not seeing a visible pick-up in discretionary IT demand just yet.

15.01 / 03:27

markets COST economy country reports Egg prices soar to 400 PKR in Lahore amid failure to impose government rates

cost of eggs has surged to 400 Pakistani Rupees (PKR) per dozen in Lahore, Punjab in neighbouring Pakistan, according to market sources reported by ARY News on January 15. Local authorities are facing challenges in implementing government rate lists as prices for various commodities continue to skyrocket, the report noted. Onions, for instance, are being sold at 230 to 250 PKR per kg, exceeding the government-fixed rate of PKR 175 per kg.

15.01 / 02:33

COST UPS cover reports guidelines PSUs to charge up government's rooftop solar scheme

power sector companies such as NTPC, NHPC, Power Grid Corporation and SJVN to support its efforts to push households to adopt the rooftop solar programme. Guidelines to be announced soon would allow these public sector units to cover the installation cost for the solar systems and offer a rent for using the rooftop of houses having a low power demand to make the proposition attractive, people privy to the plan told ET. The companies could recover the investment by the sale of excess electricity after the consumption by the households. «The companies will form subsidiaries to implement the rooftop project plan.

15.01 / 02:33

COST UPS reports gatherings inequality International As Davos crowd gathers, governments urged to rein in 'billionaire class'

Oxfam said. An Oxfam report, which comes as business elites gather this week for the annual World Economic Forum (WEF) meeting in Davos, found that a billionaire is now either running, or is the main shareholder of, 7 out of 10 of the world's biggest companies.

14.01 / 19:11

markets COST UPS Food inclusion Interviews Headlines There's no real reason and hurry for RBI to cut rates: Neeraj Gambhir, Axis Bank

RBI, said Neeraj Gambhir, head-treasury and markets at Axis Bank. In an interview with Bhaskar Dutta, he said the rupee may appreciate a bit but the central bank may intervene with competitiveness in mind. Edited excerpts: The domestic narrative is not how much more the RBI will raise rates but when the rate cuts will start. Which camp are you in? What is creating the problem is the volatility in food prices and some of the other commodities.

14.01 / 19:11

COST Citi Airlines trends travelers Equality Rising airline ticket costs drive families to choose road trips over flights for domestic travel

holidays (at least a week) to travel either by road using expressways or by train (especially Vande Bharat) for distances less than or equal to 1,000 km. And the reason behind this is high airline ticket costs. «We had planned a trip to Udaipur recently,» said Navendra Singh, a travel enthusiast and an executive with a leading Mumbai-based real estate firm. «For my family, which includes two kids, total airfare for the return journey amounted to '60,000.

14.01 / 18:29

COST UPS Waves Food blues hospital Better margins attract VCs to specialty coffee startups

₹25 crore and revenue of a little over ₹1,000 crore in FY23. In 2014, Italian group Lavazza Spa sold Barista to New Delhi-based Carnation Hospitality for ₹100 crore after failing to turn the group around. Coffee Day slid into bankruptcy in 2023.

14.01 / 18:29

markets COST Provident security Food country open FCI’s open market sales helped moderate wheat, rice, prices: Goyal

NEW DELHI : Open market sales have proven to be an effective tool for moderating rice and wheat prices, said union consumer affairs, food and public distribution minister Piyush Goyal, adding that the Food Corporation of India (FCI) should emerge as a trusted partner of farmers and the public. “The FCI’s market interventions or open market sale scheme (OMSS) has proved to be an effective tool in moderating the prices of essential commodities like wheat and rice to benefit consumers.

14.01 / 18:29

COST UPS Citi Universities social Podcasts NOT Resilience is not just a product of inner strength

Resilience has become big business. Airport bookstores bristle with paperbacks explaining “why some flourish while others fold" or promising to help you develop “unbeatable" levels of “mental toughness." TED talks, podcasts and social media posts offer the three (or five) traits of resilient people, from optimism to grit to a growth mindset. As the management world has embraced the reality that any success is made up of numerous failures, a booming market has emerged for advice on how to bounce back, often with insights culled from elite military forces or extreme athletes.

14.01 / 18:07

COST Waters Manufacturing country Courts rights Developing the right sense of 'developed'

India works to become a developed country by 2047, it must not forget that quality of life, improved living standards and ease of living are parameters as important as, if not more than, per-capita income. This is the context in which the Supreme Court's stay on the post facto green nod for projects or mandatory implementation of good manufacturing practices 'Schedule M' must be understood.

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