COST Financial News

09.08 / 10:41

COST UPS FIVE CEO performer Berger Paints Q1 Results: Cons PAT jumps 40% YoY to Rs 355 crore; revenue rises 9%

Berger Paints India on Wednesday reported a nearly 40% year-on-year (YoY) jump in its consolidated net profit for the quarter ended June 2023 at Rs 355 crore versus Rs 254 crore in the same quarter last year. The revenue from operations jumped 9.2% YoY to Rs 3,029 crore against Rs 2,773 crore reported in the year-ago period. The company's Board of Directors also approved a bonus issue of one bonus equity share against five equity shares.

09.08 / 10:41

COST UPS MET Action band RBI may tighten cash conditions, but CRR hike unlikely- Traders

The central bank is expected to hold policy rates steady but could turn more hawkish given that inflation in July is likely to have risen above its comfort band. Reducing surplus liquidity, which could fuel inflation, could be one way of signalling a tougher stance. «Liquidity is an area where RBI could surprise markets by being more hawkish than perceived,» said Ashutosh Tikekar, head of global markets — India at BNP Paribas.

09.08 / 10:41

COST Lowe's Reuters Waters country Weather, veggies and peer pressure: All that can shape RBI MPC’s rate verdict tomorrow

RBI) rate-setting panel which commenced its three-day bi-montly meeting on August 8, amid rising food prices. At the end of this meeting on Thursday, tomorrow, the Monetary Policy Committee (MPC) will present its decision on key policy rate hike, inflation forecast and GDP outlook. However, the focus will be on how India’s central bank is planning to cope with the rising inflation print.

09.08 / 10:31

COST UPS Forrester track exclusive Forrest nickel boss says BHP now happy

Kalgoorlie | Forrest family-owned Wyloo Metals says its recently acquired nickel mines are running at capacity and that major customer BHP has accepted all deliveries in a sign product quality issues are now under control.

09.08 / 10:31

COST UPS Provident star Courts Soul Patts checks out Star’s refinancing, courts Mathieson as partner

Washington H Soul Pattinson is one of the parties working on troubled casino operator Star Entertainment’s debt refinancing, and is primed to stand toe-to-toe with a heavyweight consortium led by distressed debt giant Oaktree Capital.

09.08 / 10:31

COST Extreme country electronic Global law firm retreats from China ahead of data crackdown

Global law firm Dentons is splitting from its Chinese operations to comply with impending data regulations in one of the more significant withdrawals by a Western company as Beijing intensifies a campaign to curb leakages of valuable information.

09.08 / 10:31

COST Provident Manufacturing Oscar $15b fund boss aims to pull investors back from Biden’s IRA

The inaugural chairman of the $15 billion National Reconstruction Fund, Labor’s primary vehicle to reboot domestic manufacturing, says he aims to lure back investment dollars that would otherwise flow to Joe Biden’s vast clean industry program.

09.08 / 10:31

COST UPS ANZ show cover Premium Customers Suncorp premium rises a ‘perfect storm’ riling customers

Skyrocketing insurance premiums are beginning to test the limits of consumers, after insurer Suncorp jacked up the cost of home and car policies by more than 10 per cent.

09.08 / 09:49

COST UPS FIVE Continental show Explainer Explainer-Why Germany's property sector is in the dumps

By Tom Sims

09.08 / 09:33

COST Provident Target Platform Parke Opera audience Explainer Centre Mint Explainer: What makes ITPO, India’s new convention centre, special?

₹2,700 crore. Mint details the features of the new convention centre, which is one of the largest in the world. • The Pragati Maidan Ccomplex with a campus area of approximately 123 acres is India’s largest MICE (meetings, incentives, conferences, and exhibitions) destination.

09.08 / 09:05

COST UPS FIVE Gap Fighting Browser social Risk of UK recession at next general election is 60%, says thinktank

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

09.08 / 09:05

COST UPS Lowe's HSBC Browser Time Three big lenders cut mortgage rates for second time in two weeks

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

09.08 / 08:23

COST UPS Citi Rust More Chinese graduates return to hometowns in depressed economy - state media

BEIJING (Reuters) — Almost half of Chinese undergraduates returned to their hometowns last year within six months of graduation, state media reported, with the proportion rising to 47% from 43% in 2018 amid a sagging job market.

09.08 / 08:23

COST Target Cooper Fighting Edison performer Power Biden's carbon proposal is unworkable, US power sector warns

By Nichola Groom and Valerie Volcovici

09.08 / 08:03

COST UPS Provident cover Features Govt using AI to check for frauds under Ayushman Bharat health insurance; Features, benefits of Pradhan Mantri Jan Arogya Yojana

This program is a component of the government's ambition to guarantee that all of its residents, particularly the underprivileged and vulnerable populations, have access to high-quality hospital care without suffering any financial hardship as a result of accessing those services. Key Features of PM-JAYIt provides a cover of

09.08 / 07:39

COST Airlines Strategy Moodys Nikkei Tokyo stocks close lower on banking concerns, China data

Tokyo stocks closed lower Wednesday on concerns over the banking sector and weak China trade data, while investors await US inflation figures for clues on Fed strategy. The benchmark Nikkei 225 index slipped 0.53 percent, or 172.96 points, to 32,204.33, while the broader Topix index trimmed 0.40 percent, or 9.16 points, to 2,282.57.

09.08 / 07:27

COST Lowe's Target track PB Fintech slides 10% post Q1 earnings. Should you buy, sell or hold?

PB Fintech continued on Wednesday, with the stock falling nearly 10% in the two sessions following its June quarter earnings, where the company narrowed its year-on-year (YoY) losses. On Wednesday, the stock fell 5% in intra-day trade to hit the day's low of Rs 720 on the NSE. The Q1FY24 earnings were followed by reports from top brokerages, including one from the Sydney headquartered Macquarie, which foresees an 'Underperformance' in the stock.

09.08 / 07:27

COST UPS Platform Nano Influencer Influencer marketing platform ClanConnect.ai clocks a 1,200% jump in base post strategic pivot

Influencer marketing platform ClanConnect.ai on Wednesday said that since it became free of cost for brands and agencies, its influencer base has increased by 1,200%, growing from 2,784 in the first 21 months of its inception to 37,096 in a year. It has also crossed 1,000 paid subscribers for the first time since it introduced its subscription-based influencer marketplace while its overall user base has also grown by over 400%, from 31,769 in July 2022 to 175,560 in July 2023.

09.08 / 07:13

COST UPS Target MET performer Brokerages reiterate bullish bets on Hindalco shares after Q1 results; Should you buy?

Hindalco Industries share price gained nearly a percent in the early trade on Wednesday, after the company’s Q1 results largely met analysts’ estimates. Hindalco shares gained as much as 0.71% in the early trade, but soon gave up gains to trade marginally lower.

09.08 / 06:59

COST Entertainment Sony film performer electronic Sony Q1 profit tumbles as movie business disappoints

By Sam Nussey

09.08 / 06:59

COST UPS Target Coca-Cola CEO Compilation Bottler Coca-Cola HBC beats profit estimates, lifts sales outlook

(Reuters) -Bottler Coca-Cola (NYSE:KO) HBC beat half-year profit expectations and lifted its annual revenue target on Wednesday, supported by strong sales and higher prices of its drinks.

COST Financial News

popular questions about COST

What is COST and why is it important?

Where can I find the latest updates on COST?

How can I verify the accuracy of information on COST?