COST Financial News

29.07 / 15:21
COST UPS ETF country Why substituting cryptocurrency for gold exposure may be a costly mistake
Viewing cryptocurrency as «digital gold» may be a mistake.
29.07 / 12:59
Blockchain COST BLOCK Maxim Platform exclusive Explosive Presale Momentum: Borroe ($ROE) Attracts Investors, Challenger to Polkadot (DOT) and Chainlink (LINK)
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29.07 / 12:33
COST UPS Drop NTPC Q1 results: PAT rises 9.4% YoY to Rs 4,066 crore, sales drop 2.3%
NTPC Ltd reported a 9.4% year-on-year (YoY) rise in net profit for the quarter ended June to Rs 4,066 crore. Revenue from operations, however, declined 2.3% YoY to Rs 39,122.25 crore. Total expenses for the quarter was Rs 33,528.14 crore, compared to Rs 35,598.4 crore a year ago.
29.07 / 10:57
COST FIVE Inside Congress high command convenes 2 meetings with Karnataka leaders, ministers on Aug 2 in Delhi
Congress high command has convened two meetings with the party leaders in Karnataka in New Delhi on August 2, apparently to quell the dissidence brewing for some time now, top party sources said. According to sources in the Congress, the first meeting will take place between the party high command and the top Congress leaders in Karnataka. «In that meeting, party president Mallikarjun Kharge, former Congress president Rahul Gandhi, Chief Minister Siddaramaiah, Deputy Chief Minister and state Congress president D K Shivakumar, Law and Parliamentary Affairs Minister H K Patil, general secretaries K C Venugopal and Randeep Singh Surjewala, who is also the Karnataka in-charge and some other top functionaries will take part,» a Congress office-bearer told PTI.
29.07 / 10:57
COST UPS Heineken United Breweries Q1 net profit dips 16% to Rs 136 cr
United Breweries Ltd has reported a 16.09 per cent decline in consolidated net profit at Rs 136.34 crore for the first quarter ended June 2023, as volumes were impacted by supply challenges, lower inter-state sales and persisting inflation. The company, controlled by Dutch multinational brewing company Heineken NV, had posted a net profit of Rs 162.50 crore in the April-June quarter a year ago, United Breweries Ltd (UBL) said in a late-night regulatory filing on Friday. UBL's revenue from operations was almost flat to Rs 5,243.01 crore during the quarter under review.
29.07 / 10:45
COST country services Avail PM dialysis programme: 19.58 lakh patients avail services
New Delhi: Around 19.58 lakh patients availed dialysis services and 217.75 lakh hemodialysis sessions have been conducted under Pradhan Mantri National Dialysis Programme (PMNDP), health minister Mansukh Mandaviya said in Lok Sabha. PMNDP is for people suffering from chronic kidney disease (CKD), and the programme ensures availability of dialysis services in all district hospitals across the country free of cost for eligible beneficiaries.
29.07 / 10:11
COST Citi Provident Art country social Japanese city apologises after distributing misogynistic flyers advising women to cook & clean for husbands
Onomichi city, located in Japan's Hiroshima prefecture, found itself embroiled in controversy and public outrage after distributing flyers containing deeply sexist & demeaning advice to pregnant women. According to CNN, the flyers, created in 2017 based on a public survey, were intended to offer guidance to expectant mothers but instead perpetuated harmful gender stereotypes and sparked widespread criticism. The controversial pamphlets, titled 'From an experienced dad to you', were sent to pregnant women in their seventh month. It provided responses from experienced fathers regarding their desires and expectations from their partners after childbirth.CNN reported that the content of the flyers suggested that men and women had fundamentally different ways of thinking, claiming that men operated on theories while women relied on emotions.
29.07 / 10:11
COST Citi Provident NASDAQ Platform exclusive Explained: Benefits of direct listing on GIFT IFSC Exchange
Nirmala Sitharaman has announced that Indian companies can directly list on GIFT IFSC Exchange. The decision aims to further propel the transformation of GIFT city in Gujarat into a thriving global financial hub. This will provide access to global capital and result in better valuation for the Indian companies.
29.07 / 10:11
COST UPS Provident FIVE exclusive week Five must-read stories on Byju's crisis this week
Byju's key investors Peak XV Partners (formerly Sequoia Capital India) and Prosus flagged corporate governance issues at the Byju Raveendran-founded firm. In fact, we had an exclusive story on how Peak XV sent a communication to its limited partners (sponsors in the fund) saying it’ll be significantly writing down the value of its investment in Byju’s.
29.07 / 10:05
COST Provident Man Action social Indore man gets 40000-page answer to RTI plea, carries documents home in SUV
₹2 per page since his plea was not answered within one month. "I had submitted an RTI plea with the Chief Medical and Health Officer (CMHO) of Indore seeking details of tenders and bill payments connected to the procurement of medicines, equipment, and allied materials during the COVID-19 pandemic period," news agency PTI quoted Shukla as saying on Saturday.
29.07 / 10:05
COST Provident Progressive country Indian PM Modi highlights bias against Indian languages at Education Convention says 'Even I speak in Indian language at UN'
Narendra Modi highlighted the unfortunate perception of several prosperous Indian languages at the inaugural event of the All India Education Convention at Pragati Maidan in New Delhi on July 29. It marked the third anniversary of the National Education Policy (NEP) 2020. He said that Indian languages were presented as unprogressive which is false, reported Hindustan Times.
29.07 / 08:13
COST UPS FIVE Progressive Cardiovascular performer Can't afford gym membership or don't want to join? Here are 3 ways to create your own DIY exercise program
By Lewis Ingram, Hunter Bennett and Saravana Kumar, University of South Australia With the rising cost of living, gyms memberships and fitness classes are becoming increasingly unaffordable. But the good news is you can make just as much progress at home. Cardiovascular endurance, muscle strength and flexibility are the most important components of fitness.
29.07 / 08:01
COST country rock copper Chile's Codelco sees lower copper output, more stoppages in 2023
SANTIAGO (Reuters) -Chile's state miner, Codelco, on Friday cut its copper output forecast for 2023 and said it expects more halts in production during the second half of the year, following months of declines.
29.07 / 07:37
COST UPS Tailwinds are back! 4 smallcap stocks from auto ancillary space have an upside potential of up to 50%
After facing rising input costs and supply chain disruption, the macro environment in which auto ancillaries companies operate has turned positive. Some of which are changing their business model to stay relevant in times of EV.
29.07 / 07:21
COST Provident Digital exclusive Ola Electric bids adieu to S1 electric scooter, sells only S1 Air and S1 Pro
electric scooter, the S1 Air, which is positioned as its most affordable model. In line with this launch, the company has decided to discontinue the sales of the S1 electric scooter. As of now, Ola Electric will exclusively offer the S1 Air and S1 Pro models in the Indian market.
29.07 / 05:51
COST Twitter Action Will government extend ITR filing deadline due to widespread floods in India?
Last week Sanjay Malhotra, the revenue secretary, had urged people who owe income taxes to file their returns as soon as possible because the finance ministry has no plans to extend the July 31 deadline. Out of the 5.03 crore ITRs filed till 27th July, 2023, about 4.46 crore ITRs have been e-verified i.e. more than 88% ITRs filed have been e-verified, stated a tweet by the Income Tax Department.
29.07 / 04:39
COST Citi Art Fighting Instagram Costs The art of protest: Portuguese street artist makes a statement against pope's visit costs with massive banknote carpet
Francis will travel to Lisbon from Aug. 2-6 to attend the World Youth Day global gathering of young Catholics, which is expected to bring together hundreds of thousands of pilgrims. Bordalo II, known for his political art pieces often made from garbage, shared pictures and videos of the carpet, featuring humongous 500-euro ($551) notes, being rolled out down the venue's stairs on Thursday in a protest he described as the «walk of shame». «At the time when many people are fighting to keep their homes, their work and their dignity, millions worth of public funds have been invested to sponsor the (papal) tour,» the artist, whose real name is Artur Bordalo, wrote on Instagram. Official estimates in January showed the event would cost 161 million euros, to be paid by the government, the Catholic Church, the city council of Lisbon and nearby Loures.
29.07 / 04:39
COST UPS Man awards J&J lawsuits Time J&J effort to resolve talc lawsuits in bankruptcy fails a second time after judge tosses suit
U.S. Bankruptcy Judge Michael Kaplan in Trenton, New Jersey, ruled that a J&J company's second bankruptcy, like its first, must be dismissed because the talc lawsuits did not put it in immediate «financial distress.» «In sum, this Court smells smoke, but does not see the fire,» Kaplan wrote, referring to the J&J unit LTL. «Therefore, the emphasis on certainty and immediacy of financial distress closes the door of chapter 11 to LTL at this juncture.» J&J said on Friday that it would appeal Kaplan's decision, and said it would vigorously defend itself against lawsuits that are «specious and lack scientific merit.» J&J's first bankruptcy gambit began in 2021, when it offloaded its talc liabilities into a new company, LTL Management, and immediately placed that company into bankruptcy.
29.07 / 03:51
COST UPS MET Progressive track Indian Indian Railways: Revamp of Gurugram, two other railway stations to start soon
Narendra Modi is set to launch the renovation works for three railway stations in the National Capital Region (NCR). The renovation works of Gurugram, Rewari, and Pataudi railway stations will soon begin, with a total cost of ₹219 crore. Gurugram railway station will undergo a significant transformation with a budget of ₹200 crore, while Pataudi and Rewari stations will receive upgrades worth ₹12 crore and ₹7 crore, respectively.
29.07 / 03:01
COST UPS Booking Software Q1 results today: IDFC First Bank, NTPC to MCX — 18 companies to declare Q1 results 2023
Q1 results today: Amid falling Indian stock market, experts are buys advising intraday trading members to indulge in stock specific trade. So, for such day traders, Q1 results 2023 becomes an important event in deciding their buy or sell stocks. Even though Indian stock market will remain closed today but investors are expected to remain vigilant about the Q1 results 2023, which is expected today.
29.07 / 02:13
COST UPS show week Govt bond yields hit 3-week high at 7.16% on US rate concerns
bond yields jumped to a three-week high Friday, pushing up borrowing costs in the broader economy, as concerns over US interest rates remaining at elevated levels and apprehensions over hardening domestic price pressures soured the view on sovereign debt. Yield on the 10-year benchmark bond settled at 7.16% on Friday, four basis points higher than its previous close and the highest closing level since July 7, Bloomberg data showed. Bond prices and yields move inversely.

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