COST Financial News

Last week China announced export curbs from August on gallium and germanium in retaliation to the US barring the export of high-end microprocessors and chipmaking equipment to China. The Chinese want to make it clear that they will fight back against attempts to curb their rise as a global power. Gallium and germanium are used in semiconductors, and if their availability shrinks as the superpowers vie for supremacy, all electronic products will become more expensive.

₹48 crore in India. Even blockbuster American franchises like Avengers bring multiple stars together, with the last film Endgame, remaining the highest-grossing Hollywood film of all time in India at over ₹373 crore.

Olectra Greentech rallied 35% in the last two trading sessions on BSE after the company won an order worth Rs 10,000 crore. Meanwhile, in Monday's trade, the company's shares surged over 14% to Rs 1,409 on BSE. «Consortium of Olectra Greentech Limited and Evey Trans Private Limited (EVEY) received a Letter of Intent (LOI) from Maharashtra State Road Transport Corporation (MSRTC) relating to Supply, Operation, and Maintenance of 5,150 Electric Buses and allied Electrical and Civil Infrastructure on Gross Cost Contract Basis,» the company said in an exchange filing on Friday.

A penny saved is a penny earned. How many of us believe in this? We often tend to forget that our savings are our earnings and we can maximise this money to achieve our critical goals.

Olectra Greentech Ltd, the electric bus manufacturer, rallied over 13% on Monday to touch a fresh 52-week high of ₹1,394.40 apiece on the BSE. The stock witnessed a massive surge of 18% on Friday after the company won a huge order. Olectra Greentech share price has jumped more than 40% in the last three sessions, while the stock is up more than 107% in three months, doubling investors’ wealth.

Bajaj Auto share price rose 2.5 per cent to hit its fresh all-time high of ₹4,950 in morning trade on BSE on Monday, July 10 after suffering a loss of about 2 per cent in the previous session. The stock witnessed decent traction after the company said bookings for the newly launched motorcycles Triumph Speed 400 and Scrambler 400X crossed the 10,000 mark. As per media reports, the company is looking to ramp up production due to the strong response from buyers.

gallium prices jumped 27% this week as buyers reacted to China’s move to control exports of the niche metal used in an array of high-tech industries. Beijing’s announcement on Monday has been viewed as a retaliation over recent trade restrictions targeting the country’s semiconductor industry, and comes amid broader efforts by the US and Europe to reduce its dominance in the supply chain for critical raw materials. The gallium market was well supplied before the announcement, but buyers are now moving to lock in shipments before the controls kick in, according to one trader who said he has been actively buying this week.

Karl Haeusgen’s grandfather invented a hydraulic pump he was so proud of that he founded a company to sell it. Back then, there were no revenue projections or five-year growth strategies. The plan was survival: “It was just about grabbing chances,” Haeusgen said.

Chris Actor was unable to fulfill the agreement, and unfortunately, the price of the crops had significantly risen by then. As a result, Chris Actor was fined ₹50 lakh. This incident serves as a valuable lesson for all of us regarding the potential consequences of misinterpreting emojis.

The Telegraph has cited. These states have been experiencing revenue losses, and their representatives are likely to seek solutions during the allotted time. In 2017, India introduced the Goods and Services Tax (GST) regime.

copper content, changes that could limit demand growth for the metal as the next generation of electric vehicles (EVs) hits the road, industry analysts say. The strong ramp-up in sales for EVs, led by growth in China, means copper demand will continue to grow for the remainder of the decade, but innovation in EVs has emerged as a limiting factor, according to two recent forecasts. Copper has been seen as a green-energy transition play, in part because of the wiring needed for electric cars.

“We expect the Nifty50 earnings growth for FY24 and FY25 to be close to 15%, and thus, it appears that there is some room for the markets to generate decent returns over the next few years,” says Nishit Master, Portfolio Manager, Axis Securities PMS. In an interview with ETMarkets, Master said: “We believe sectors like NBFCs, Capital Goods, Consumer Discretionary and Auto would outperform the broader markets in 2H2023 as we expect their growth momentum to either improve or remain strong in the coming quarters” Edited excerpts: What is your call on markets after the recent run-up to record highs? Until the end of FY23, markets had underperformed for a couple of years, while earnings growth for markets during this time was in the mid-teens. Thus, the recent movement in the markets, to a great extent, is a catch-up rally.

Gold prices edged higher in early Asian hours on Monday after U.S. jobs data last week cast doubts over the labour market's strength, prompting investors to be more sceptical of the Federal Reserve's rate hike trajectory.FUNDAMENTALS * Spot gold was up 0.1% at $1,925.49 per ounce by 0104 GMT. U.S.

Investing in midcap stocks can be an exciting and rewarding endeavour for those seeking higher growth potential than established large-cap stocks offer. Midcap stocks typically represent companies with a market capitalisation between ₹10–15 bn, striking a balance between stability and growth prospects. Now, when looking for investment opportunities in this segment, one crucial aspect to consider is a company's cash position.

«The subsidiaries of HDFC, of course, the companies like HDFC Life or HDFC Securities or for that matter even HDFC AMC also comes under the umbrella of HDFC Bank and it creates a huge sort of a banking conglomerate,» says Devang Mehta, Spark Private Wealth.Let us discuss one of those important cues HDFC twins, HDFC merger which is lined up. What do you think changes for the market and for the prospect of this behemoth itself? Do you think in the near term, the growth will slow down? I think clearly what the market is looking at the merger of HDFC and HDFC Bank is that we clearly get a big conglomerate in terms of financial strength.

«There is actually a difference across sectors on why leverage is falling. So if you look at corporates excluding the capital intensive utilities and infrastructure companies what we note is that absolute debt is falling,» says Neel Gopalakrishnan, S&P Global Ratings.You have done a very broad-based research and a report that 91% of Indian companies actually have very decent liquidity position right now, especially at a time when liquidity is an issue globally. How does this stack-up versus historic averages? What does it reflect also?When we say 91% of our rated portfolio has sound liquidity what we mean is that 91% of companies have either an adequate or strong liquidity position under our criteria.

All of us invariably have personality quirks, preferences and perceptions about ourselves. Most of these prejudices are subconsious and often cloud our judgement, whether it is about the career we want, the person we want to marry, or how we should spend and invest our money. These behavioural biases often come to the fore when we take financial decisions.

debt avalanche strategy for repaying debt involves paying off loans with highest interest rates first. 2.One must make minimum payments for all debts to protect the credit score, but any extra money should be routed to the loan with the highest rate.

Earnings are expected to be aided by healthy business growth and benign credit costs, but margin pressure stoked by deposit repricing and elevated operating expenses may affect the overall growth trajectory. «We expect banks under coverage to report nearly 60% on-year earnings growth led by 35% year-on-year operating profit growth and 20% YoY decline in provisions,» said MB Mahesh, executive director at Kotak Securities.

State Bank of India's stressed asset division and then CEO of the bad loan-laden Central Bank of India, Pallav Mohapatra developed unparalleled expertise in dealing with non-performing assets. Now as CEO of Asset Reconstruction Company (India) (Arcil), Mohapatra has been on the buy side of the table for two years. In an interview with Joel Rebello, he talks about the opportunities and regulatory changes facing the industry.

Queensland Liberal National Party leader David Crisafulli has rebuffed federal leader Peter Dutton’s push to repurpose the state’s retiring coal-fired power stations for nuclear power, saying it will never get off the ground without bipartisan support.