COST Financial News

₹2,340.15 against the previous close of ₹2,322.25 and fell 4.10 per cent to the intraday low of ₹2,227 in trade so far. Around 10:55 am, Dalmia Bharat share price was down 3.97 per cent at ₹2,230. Dalmia Bharat share price has gained about 48 per cent in the last one year, significantly outperforming the equity benchmark Sensex which has risen about 14 per cent in the last one year period.

Commercial operations have begun at Cambodia’s newest and biggest airport, designed to serve as an upgraded gateway to the country’s major tourist attraction, the centuries-old Angkor Wat temple complex in the northwestern province of Siem Reap

Pacific Gas & Electric wants to bury many of its power lines in areas threatened by wildfires

Ford Motor Co. Executive Chairman Bill Ford has called on autoworkers to come together and end a monthlong strike that he says could cost the company the ability to invest in the future

India is a huge exporter of services, and growing rapidly. The estimated value of services export for 2022-2023 was $323 billion, up from $254 billion in 2021-22, according to data from the commerce ministry. This includes the income of agencies, consultants, gig workers, exporters and other freelancers who serve overseas clients. If you are an exporter, a freelancer or regularly receive payments from overseas, you would know how much it hurts to pay exorbitant and opaque fees to banks and payment platforms. When receiving payment for your services in foreign currency, processing charges can range from 2% to 10% of the transaction amount. Since the break-up is usually undisclosed and borne by the recipient, these charges cut into your income. Therefore, it is important to clearly understand the common hidden charges.

₹2,337 apiece. This remarkable upswing was attributed to the company's impressive performance in the September quarter, which exceeded market expectations. The company released its Q2FY24 number post-market hours on Monday, with its consolidated net profit growing by 3125% YoY to ₹207 crore in Q2FY24 as compared to a net profit of ₹6.4 crore in the corresponding quarter of the last fiscal year.

HDFC Bank share price today: HDFC Bank share price rose about 2 per cent in early trade on BSE on Tuesday, October 17, a day after the company announced its September quarter results. HDFC Bank share price opened at ₹1,558 against the previous close of ₹1,529.50 on the BSE. Around 9:20 am, the stock was up 1.34 per cent at ₹1,549.95.

Activist investor Sandon Capital says it will vote against the re-election of Magellan Financial Group director and former rugby union legend John Eales at the fund manager’s annual general meeting, citing the group’s pay policies.

Prime Day event that concluded Wednesday, a sequel to Amazon’s big sales promotion in July, is being closely scrutinized for signs of how the retail industry will fare during the holidays. Prime Day has morphed into a sector-wide bonanza, with retailers from Walmart Inc. to Macy’s Inc.

By Svea Herbst-Bayliss and David French

Investing.com-- New Zealand consumer inflation grew less than expected in the third quarter on softer import prices, taking more pressure off the Reserve Bank to raise interest rates further this year.

Crypto yields platform Haru Invest has revealed plans to suspend its server as a cost-saving measure amid a fallout with one of its service partners. 

Comodo Motors general manager Jordan Baker joins The Big Money Show to discuss the impact on auto dealers and car buyers from the ongoing UAW strike.

(Reuters) -Rolls-Royce Holdings is set to axe about 2,500 staff as soon as Tuesday as part of a cost-cutting drive by its new chief executive, Sky News reported on Monday.

Wells Fargo Advisors, the broad marketing umbrella for close to 12,000 bank advisors, wealth management advisors and independent advisors, is betting big on its independent advisor business, in which an advisor works as either an independent contractor or registered investment advisor.

₹2 crore may not be large in number, but it could be a good opportunity for HNIs (high net worth individuals) to move money from debt funds or term deposits to these savings deposits," said Macquarie. “The number of savings accounts with balances in the high-interest bucket (< ₹1 crore- ₹2 crore) and impact on deposit cost could be small," it added. Banks have seen a decline in their share of low-cost Casa deposits in the first half of this fiscal year as customers chased higher returns through fixed deposits.

₹15,976 crore in the quarter ended 30 September from ₹10,605 crore in the year-ago period. That exceeded analysts’ estimates of ₹14,120 crore in a Bloomberg survey. As forecast by the management in a call with investors in September, the bank saw its net interest margin (NIM) narrow to 3.6% at the end of September from 4.1% in the preceding quarter.

By Siddharth Cavale

By Rachel Savage

The federal government was forced to acknowledge the potential risks of climate change on the value of sovereign bonds as it settled a landmark case on Monday that alleged it had misled or deceived investors, and the Federal Court judge involved said global warming would likely be “a huge drain on Commonwealth resources”.

New Delhi: Avinash Kumar runs Blumox Technologies, a Delhi-based company that develops websites, mobile apps and applications for enterprises. For five years, he used the services of Razorpay, a payments company, for his everyday transactions with customers online. However, a few months ago, he switched to PhonePe.