COST Financial News

31.07 / 16:41

COST IPO Lowe's CEO Fighting Uber Rides Year of Efficiency Higher, But Can It Sustain Momentum in Q2 Earnings?

Few companies on Wall Street have been able to grasp this year’s moat better than the ride-hailing giant Uber Technologies (NYSE:UBER).

31.07 / 16:39

COST Lowe's Career love show rock There’s Money to Be Made From Your Midlife Crisis

Americans want their midlife crisis to be more productive. This presents, for a growing number of companies, coaches and consultants, a multimillion-dollar opportunity. Some programs are online and charge a couple hundred dollars.

31.07 / 16:39

COST UPS CEO Exodus Zions KeyCorp Banks Lean On ‘Hot’ Deposits to Shore Up Balance Sheets

Midsize and small banks in the second quarter largely stabilized or even reversed the deposit exodus they suffered earlier this year. To do so, many had to rely on deposits that flowed through third-party brokers. Brokered deposits are a quick and easy way banks can bolster their balance sheets in a pinch.

31.07 / 16:39

COST UPS Citi Provident Parke Metro Costs Food, toys, salon visits and vet: Here is what it costs to keep a pet

₹1 lakh annually on Ronnie but that hardly constitutes 5% of their income. “We haven’t yet seen any pet care service in India which is too expensive, so we never have had to budget carefully while spending on him," Priyamvada said. For Vasudha and Devraj, the total cost of Dylan’s ownership is 1-3% of their income.

31.07 / 16:39

COST Manufacturing Castrol India's second-quarter profit rises 9% on higher volumes

₹13.34 billion. The company focused on increased volumes to drive growth as it expanded its portfolio in the premium auto-care range, Castrol said in a statement.

31.07 / 16:39

COST Provident Allianz cover Can a co-owner also claim house insurance?

In August 2003, I purchased a home jointly with my wife. However, I am the sole contributor to the amount paid for the flat. Additionally, I have taken a home insurance policy from Bajaj Allianz, where I am the proposer, providing coverage for the market value of the home in case of complete destruction due to a natural calamity. In the event of such a tragedy, will the insurance claim amount be paid entirely to me, the proposer, or will it be split equally between me and my wife? —Name withheld on request An important insurance principle is that only those that have an insurable interest in the property can be paid an insurance claim.

31.07 / 16:39

COST Provident CEO Pool performer cover Small-Business Lending Is About to Change, With Simpler Requirements

The federal program for small-business lending is undergoing its biggest makeover in decades. The Small Business Administration is simplifying loan requirements, automating more of the process and expanding the pool of nonbank lenders licensed to issue SBA loans. The moves, many of which take effect Aug.

31.07 / 16:07

COST UPS Citigroup HSBC UBS rate hikes interest rate hikes Premium Interest rate hikes, jobs forecast, commercial property death spiral, equity-risk premium worries

Another Monday, another week full of important figures and decisions that could affect your clients’ investment decisions.

31.07 / 15:53

COST UPS Waters Action Up 100% in 6 months! Multibagger smallcap stock to trade ex-bonus on Tuesday

Kamdhenu Ventures, which have given multibagger returns to investors in the last six months, will trade ex-bonus on Tuesday. The company's Board had earlier approved a proposal to issue bonus shares to its investors in the proportion of 1:1. This means, for every one share investors hold, they will get an additional share The record date for determining the entitlement of the equity shareholders with regard to the bonus issue is fixed as August 1.

31.07 / 15:53

COST Provident Action country Time Sri Lanka records single-digit inflation for the first time since economic crisis: Official data

Sri Lanka on Monday said that its inflation has dropped to 6.3 per cent in July, a single-digit figure for the first time in two years, providing much-needed relief to the people amidst the worst financial crisis. In a statement, the Census and Statistics Office of the Sri Lankan government said that the overall rate of inflation as measured by the Colombo Consumer Price Index on a year-on-year basis is 6.3 per cent in July 2023 and it was down from 12 per cent recorded in June this year. «The overall rate of inflation as measured by the Colombo Consumer Price Index on a year-on-year basis is 6.3 per cent in July 2023.

31.07 / 15:49

COST Provident star cover Michigan court affirms critical benefits for thousands badly hurt in car wrecks

The Michigan Supreme Court is out with a decision that provides critical relief for thousands of people who were badly injured in car wrecks

31.07 / 15:19

COST Citi show Mumbai Mumbai property stamp duty July revenue remains steady despite lower registrations

The country’s financial capital witnessed over 10,221 property registrations in the month of July helping generate stamp duty collection worth nearly Rs 831 crore for the state exchequer. In July 2022, the city had seen stamp duty collection of Rs 829 crore on the back of registrations of 11,340, showed data from inspector general of registration, Maharashtra. «The demand in the mid-income and premium segment continues to be robust.

31.07 / 15:17

COST UPS CEO Gap Software In the Market: Signs of life in the moribund US deals market

By Paritosh Bansal

31.07 / 15:03

COST UPS film Cinematograph (Amendment) Bill, 2023 passed by Parliament

₹3 lakh, which can be extended up to three years imprisonment and a fine up to 5% of the audited gross production cost. “The empowerment of the Indian film industry with ease of doing business and its protection from the menace of privacy, would go a long way in the growth of the content creation ecosystem in India, and would help safeguard the interests of all artists and artisans working in the sector," union minister for information and broadcasting Anurag Singh Thakur said.

31.07 / 15:01

COST UPS Power Power Grid Q1 Results: Profit falls 5% YoY to Rs 3,597 cr; co announces 1:3 bonus issue

Power Grid on Monday reported a 5% YoY fall in consolidated net profit to Rs 3,597 crore in the first quarter. It was Rs 3,801 crore in the year-ago period. The company's Board has also recommended issue of bonus shares in the ratio of 1:3.

31.07 / 14:47

COST UPS FIVE film Jail Fine Up to 3-year jail term, steep fine for film piracy: Anurag Thakur

bill mandating a maximum jail term of three years and a fine of up to five per cent of the production cost of the film for persons involved in film piracy and circulation of such content. The Cinematograph (Amendment) Bill 2023, which was passed by Rajya Sabha on Thursday last week, was approved by the Lok Sabha after a brief debate amid protests by the opposition demanding a statement by Prime Minister Narendra Modi in Parliament on the ethnic violence in Manipur. «We will stop film piracy through this Bill.

31.07 / 14:31

COST UPS Enterprise show Retail, loans to NBFCs and large corporates prop up credit demand

Bank loans rose 16.3 percent in June as retail and large corporate loans accelerated while credit to the small and medium enterprises slowed, RBI data showed. Also bank loans to NBFCs continued to post a strong growth. Retail loans rose 20.9 per cent (y-o-y) in June 2023 compared to 18.1 per cent a year ago, mainly supported by ‘housing’ and ‘vehicle’ loans.

31.07 / 14:13

COST show performer settlement Six ratios to rate your insurer: The higher the claim settlement ratio, better is it for the policyholder

By Rakesh Goyal

31.07 / 14:13

COST UPS Provident Strategy Align How to save for your child’s education? Here are 5 tips for parents

A good education is essential for a child’s development and future success. Providing their child with the best education is a goal most parents cherish and work towards. However, as education costs continue to spike, it is becoming increasingly challenging for parents to fund this goal, which has consistently been among the top aspirations held by Indians in the BankBazaar Aspiration Index 2022.

31.07 / 14:13

COST UPS Provident Twitter Aware social Customer SBI customer alert: Forced to buy insurance? Bank suggests what you can do

SBI customers have been complaining to the bank on social media about the misselling of insurance plans. The Public Sector Bank maintains that opting for any insurance or investment-related product is “purely voluntary”.

31.07 / 14:13

COST UPS Provident exclusive Royal Green Realty launches SCO project in Gurugram, to invest Rs 60 cr

NCR-based Royal Green Realty has launched its Shop-cum-Office (SCO) project ‘Courtyard 37D’ in Gurugram’s one of the most promising sectors, Sector 37D. Sprawling over 3.63 acres, the project offers exclusive built-up plots.

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