COST Financial News
23.08 / 18:41
COST
UPS
Man
Racing
Giant leap for India: Wins vital race to moon
Mint looks at the unprecedented success of the Indian Space Research Organization (Isro) and what it means for India’s space programme. Chandrayaan-3 created history at 6.04 pm on 23 August when its lander, called Vikram, safely touched down on the lunar surface. India thus became only the fourth nation in the world, after the US, the former Soviet Union and China, to soft land an object on the moon (and the first to do so on the far side of earth’s natural satellite).
23.08 / 18:41
COST
UPS
Citi
Maxim
film
boost
pricing
Cinemas in the South seek flexibility in ticket pricing to boost growth
₹295, recliner seats are limited to ₹350. Likewise, in Andhra, ticket prices are capped at ₹177 and ₹295 respectively. Tamil Nadu has capped the rates at ₹150, which does not include goods and services tax, and local taxes.
23.08 / 17:55
COST
UPS
Provident
awards
Omni
Celebrity
lawsuits
Outside Funders Fuel Bankruptcy Lawsuits
Benefit Street Partners and other unsecured creditors of oil driller Sanchez Energy wrested control of the reorganized company from senior lenders earlier this month. They have had little time to celebrate. After winning a court battle for control of the business, Benefit Street now faces a different fight—to keep the extra payoff it expects to receive for financing the litigation.
23.08 / 17:41
COST
UPS
Waters
Remark
show
country
‘India Is on the Moon’: Chandrayaan-3 Spacecraft Lands on Lunar South Pole
NEW DELHI—India successfully landed its Chandrayaan-3 spacecraft on the moon’s south pole Wednesday, days after a similar Russian mission ended when its probe crashed into the lunar surface. India is the first country to reach that part of the moon’s surface, an achievement expected to kick off a new era of space exploration. Scientists and engineers hope to tap water resources at the lunar south pole to facilitate missions to other parts of the solar system and future efforts for long-term settlements on the moon.
23.08 / 17:41
COST
Will TDS apply despite capital loss from sale of property?
I am working in Australia and had invested ₹15 lakh in a residential property in India in January 2018. I now plan to sell the property for ₹18 lakh. Can the buyer deduct tax at the time of payment despite this transaction leading to a capital loss due to indexation? —Name withheld on request There has been a fair amount of debate in the past on whether TDS (tax deducted at source) is to be made on the entire amount of sale consideration or only on the portion of income chargeable to tax.
23.08 / 17:41
COST
UPS
Manufacturing
COMPOSITE
services
The promise of our goods and services tax is unfulfilled
The goods and services tax (GST) was a major reform that took years to implement. It is now six years old. The great promise of GST is tax collection buoyancy, thanks to inbuilt incentives of compliance, and less scope of leakage.
23.08 / 16:15
COST
Platform
Action
Apple
show
exclusive
Invasion Season 2: See storyline, cast, release schedule, streaming platform and more
Invasion" returns with its second season on August 23, available for streaming on Apple TV+. Following an alien attack that devastates Earth, the new season depicts humanity's efforts to recover, even as the aliens continue to wage war.
23.08 / 16:01
COST
Action
show
Exclusive-Insurers raise premiums for Black Sea tankers as tensions mount - traders
MOSCOW (Reuters) — Insurance companies have notified charterers of ships operating in Russia's Black Sea ports of an increase in additional payments known as «war risk premiums», four traders said.
23.08 / 15:57
COST
Lowe's
DISH
Recall
Peloton's return to positive cash flow hit by bike recall, shares slide
(Reuters) -Peloton Interactive said it expects to burn cash in the next two quarters due to costs related to bike recall and other expenses, delaying return to a positive cash flow and sending its shares to a record low.
23.08 / 15:57
23.08 / 15:51
COST
UPS
Provident
track
network
How NASA's Deep Space Network (DSN) helped ISRO in communicating with Chandrayaan-3
NASA, and more. The two European stations will complement support from NASA's Deep Space Network and ISRO's own stations to ensure the spacecraft's operators never lose sight of their pioneering Moon craft. Meanwhile, the Canberra Deep Space Communications Complex, which is part of NASA's Deep Space Network, earlier tweeted, “The Goldstone Deep Space Communications Complex, part of said Our sister station @GoldstoneDSN continues with two-way communications for @isro's #Chandrayaan3 mission to the Moon.
23.08 / 15:38
COST
UPS
FIVE
show
track
Slumping retail sales could keep Bank of Canada interest rate on hold
Retail sales flatlined in the second quarter while sales volume dropped 0.8 per cent, Statistics Canada said on Aug. 23, signs that economic activity is weakening as the Bank of Canada’s rate hikes take a deeper hold.
23.08 / 15:37
COST
UPS
Provident
Racing
Enterprise
Browser
net zero
UK needs Dragons' Den approach to investing in net zero, says thinktank
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23.08 / 15:37
23.08 / 15:15
COST
SEC
show
performer
US SEC votes on overhaul for $20 trillion private fund industry
By Carolina Mandl and Chris Prentice
23.08 / 15:15
COST
Citi
Moodys
Hawaiian
cover
Moody's says economic loss from Hawaii wildfire could be as high as $6 billion
(This Aug. 22 story has been corrected to say that the estimate was from Moody's (NYSE:MCO) catastrophe risk modeling business, not the ratings agency, which is a separate unit of Moody's Corp, in paragraph 1)
23.08 / 15:15
COST
UPS
Manufacturing
Compilation
COMPOSITE
show
Drop
Euro, sterling drop on weak PMIs, dollar hits 2-month high
By Samuel Indyk and Ankur Banerjee
23.08 / 14:17
COST
Provident
Waters
performer
star
Top-Rated Best 5 Star Geysers in India for Optimal Efficiency and Performance
Why Opt for 5-Star Rated Geysers? Choosing a 5-star rated geyser not only ensures energy efficiency but also leads to significant savings on your monthly electricity bill. Beyond just economic benefits, these products offer a sense of security with their advanced safety features. From cutting-edge safety mechanisms to high BEE ratings, these geysers combine to provide you with a seamless experience of enjoying a warm shower during the winter months.
23.08 / 14:01
COST
UPS
Man
CEO
show
Gen Z
Higher interest rates, inflation push Gen Z investors to trade stocks on emotion. That may be bad, experts say
Almost 9 in 10 young investors have actively traded stocks this year due to higher interest rates and inflation, according to a new Bankrate survey. And that behavior may cost them in the long run, experts said.
23.08 / 13:57
COST
UPS
Provident
country
Andhra Pradesh CM lays foundation for three renewable energy projects worth over Rs 25,000 crore
Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Wednesday virtually laid the foundations for three renewable energy projects worth Rs 25,850 crore in Nandyala district that would generate 5,314 MW of power through solar, wind and pumped energy storage modes. In total, the three projects are expected to create employment for around 5,300 people. He laid the foundations for Greenko Energies solar power project at Junuthala village in Owk mandal, which entails an investment of Rs 10,350 crore for a 2,300 MW solar power project.
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