COST Financial News

Elon Musk said on Sunday he was looking to change Twitter’s logo, tweeting: “And soon we shall bid adieu to the twitter brand and, gradually, all the birds”. In a post on the site at 12:06 a.m. ET (0406 GMT), the social media platform’s billionaire owner added: “If a good enough X logo is posted tonight, we’ll make (it) go live worldwide tomorrow.”

TVS Motor, India's second-largest two-wheeler manufacturer, is scheduled to announce its first-quarter results for FY2024 in this week. Analysts are expecting the company to report strong earnings growth, driven by robust sales and margin expansion. The company is well-positioned to benefit from the growing demand for two-wheelers in India and the increasing exports of its products.

Viewers watching a game of rugby or their favourite NRL team stand a good chance of seeing an advertisement promoting US Powerball.

Newgen Software Technologies is «confident» of about 20% topline growth for FY24, backed by resilience of its focus markets like India and Asia Pacific which are growth drivers, a top official said. The company is looking at hiring about 400-500 people from campuses this year to meet its business requirements, having fulfilled its commitment of timely onboarding of campus recruits last year, Virender Jeet, CEO of Newgen Software, told PTI. Unlike many IT services companies that are facing macro headwinds in their primary markets of US and Europe, Newgen focuses on emerging markets, which offer plenty of headroom for growth, are underserviced and keen to bolster their digital play.

₹2.75 per kWh higher than the daytime price – a difference of over 62%. Therefore, tariffs need to reflect the cost of generating and transmitting electricity at different times. Some states have introduced green tariffs as voluntary offerings and limited time-of-day tariffs for a few customer categories.

₹10.70 lakh (ex-showroom). If you are looking to buy the Grand Vitara SUV, here's important news for you.  According to a report by CarWale, the SUV has a waiting period of up to 20 weeks in the Delhi-NCR region. The report states that the waiting period is applicable across the variant of the SUV.

₹18,100 crore and ₹26,058 crore PLI scheme for auto, auto-components, and drone industries. "We have told Tesla that the policies, which are already there for all, they can also apply under that PLI. They are welcome.

affordable housing category — priced below Rs 40 lakh — declined 18 per cent to 46,650 units in the January-June period across seven major cities amid lower supply and a rise in mortgage rates, according to Anarock. Sales of affordable homes stood at 57,060 units in the corresponding period of the previous year. Real estate consultant Anarock's report showed that the share of affordable housing in the overall housing sales fell to 20 per cent in January-June from 31 per cent in the corresponding period of the previous year.

Americans, and Britishers who always travelled visa free to the European regions, will soon need to produce travel authorisation. This comes after the European Union announced that it is set to implement the European Travel Information and Authorization System (ETIAS) that will require all travelers from visa-free countries, including the USA and the US, to obtain such document before their departure. First, ETIAS is not traditional visa but a travel authorisation document.  How to apply: Unlike a traditional visa, ETIAS will introduce an online application process, where travelers will need to fill out a form with biographical information, travel plans, travel history, and security-related questions.

One of the world’s biggest airlines, Turkish Airlines, has been forced to put its plans of expanding services into Australia indefinitely on hold after it failed to win government approval in time for an expected launch of highly sought after capacity to Europe from Melbourne and Sydney.

government so far is not looking to frame a separate policy for providing incentives to US-based electric car maker Tesla, and the company can apply to avail support measures under existing schemes like PLI for auto and advanced chemistry cells, a government official has said. The government has already rolled out the production-linked incentives schemes (PLI) for advanced chemistry cell (ACC) battery storage with an outlay of Rs 18,100 crore and Rs 26,058 crore PLI scheme for auto, auto-components and drone industries. «We have told Tesla that the policies, which are already there for all, they can also apply under that PLI. They are welcome. Generally, the policy will be the same for all. For a single company, the government may not like to make separate policies. So far, there is no plan to give special treatment,» the official said.

Parents Day to all the parents and children. Even though their children are grown and working and fending for themselves, parents are continually watching after them. Parents are continually offering presents, care, and anything else they feel they can provide to their children.

Central government officers will be entitled to mobile, laptop or similar devices costing up to Rs 1.3 lakh, which can be retained by them for personal use after 4 years. The Finance Ministry's Expenditure Department, in an office memorandum, listed out guidelines for the issuance of mobile, laptop, tablet, phablet, notebook, notepad, ultra-book, net-book or devices of similar categories to eligible officers for official work.

Haryana's Ambala has been severely affected by recent floods, with manufacturers staring at losses running into crores of rupees. According to various traders' associations, the scientific instruments manufacturing units suffered an estimated loss worth more than Rs 300 crore. Most of these units supply the instruments to educational and technical institutes, while some are meant for export.

Gross domestic product grew at a slower-than-expected pace of 6.3% from a year earlier, when dozens of Chinese cities were in lockdown. Compared with the first quarter, GDP rose less than 1%.

G20 Energy Transition Ministerial Meeting ended without any joint communique because of differences over the Russia-Ukraine war and the pace of acceleration in renewable energy deployment to achieve climate goals. Common ground was, however, reached on zero and low-carbon hydrogen. A chair summary was issued instead of the communique at the end of the two-day ministerial.

India as companies in sectors such as technology, professional services and consulting, fast-moving consumer goods (FMCG), healthcare and pharmaceuticals, banking, financial services and insurance (BFSI), and manufacturing are increasingly appointing gig workers to meet talent needs. This comes at a time when the traditional or full-time white collar job market has plateaued or shrunk in some sectors amid macroeconomic headwinds. The number of freelance projects on gig platform Flexing It rose 25% in the January-June period from a year earlier.

Spotify competes with mainly the likes of Apple Music and the rival also hiked its prices by $1 which now brings the subscription of both leading music streaming service apps to an equal. Not very surprising but Amazon, Tidal and YouTube also announced a price week recently.

Jill Roberts, University of South Florida Humans get sick with listeria infections, or listeriosis, from eating soil-contaminated food, undercooked meat or dairy products that are raw, or unpasteurized. Listeria can cause convulsions, coma, miscarriage and birth defects. And it’s the third leading cause of food poisoning deaths.

₹2,341 crore, growing 39.4% from last year's same quarter with losses reducing by 45% to ₹358 crore from ₹645 crore in the prior period. This quarter, Paytm's loan distribution business grew by 167% with disbursements of ₹14,845 crore ($1.8 billion). The number of loans distributed was 1.28 crore with a 51% growth year-over-year.

Oppenheimer and Greta Gerwig's fantasy comedy film Barbie grossed over Rs 22 crore in domestic box office collections on their opening days of release in India. Oppenheimer, which cost $100 million to make, outperformed Barbie, which cost $150 million, in domestic collections on the first day. Oppenheimer's opening day take is Rs 17.5 crore, while Barbie's collection is Rs 5.3 crore, according to figures given by Warner Bros.