COST Financial News

05.07 / 17:25

COST Provident Manufacturing Platform Strategy Boeing Indus Indigenous US-India, brothers in arms: How to best develop India’s indigenous defence capabilities

Narendra Modi's state visit to the US in June has sparked unprecedented momentum in the India-US defence ties. As competition in the Indo-Pacific escalates, the US is keen to give India access to top-grade military technology and flesh out the latter's role as a 'major defence partner'. But, for Delhi, stronger defence ties with the US are not an achievement.

05.07 / 17:21

COST UPS Digital Ripple Progressive Align Tata Steel: India steel demand to stay robust this fiscal yr

NEW DELHI : Demand for steel in India is expected to remain robust this financial year with consumption growing in double digits on the back of infrastructure development, rapid urbanization and supportive policy reforms, Tata Steel chairman Natarajan Chandrasekaran said at the company’s annual meeting of shareholders on Wednesday. “The Fiscal Year (FY) 22-23 witnessed some intense geo-political and economic volatility. This, in turn, has created constant disruptions in the global supply chains creating a bottleneck, with the global steel industry experiencing a ripple effect," Chandrasekaran said.

05.07 / 17:21

COST Lowe's Booking Chase Parke Low Private banks see low-cost deposits’ share shrink in Q1

MUMBAI : Private sector banks saw the share of low-cost current and savings account (Casa) deposits contract in the first three months of the current financial year as customers chasing better returns preferred to park funds in fixed deposits, showed business updates by individual banks. The trend was visible across large lenders like HDFC Bank as well as smaller ones like IndusInd Bank, IDFC First Bank, Federal Bank and Yes Bank, business updates by individual banks showed. IDFC First Bank and Bandhan Bank recorded the sharpest sequential dip in Casa ratio, with a decline of 330 basis points (bps) in the first quarter.

05.07 / 17:07

COST UPS Provident Target BLOCK Maxim net zero It will take nuclear energy for global shipping to hit net zero

One of the last bastions of industry where carbon emissions go largely unregulated may be about to fall. Shipping—which consumes about 5% of the world’s oil and emits about 3% of its greenhouse gases—is edging toward a net-zero target. The International Maritime Organization, the United Nations body that oversees the industry, is meeting in London this week to strengthen measures to reduce its carbon footprint over the coming decades.

05.07 / 16:55

COST UPS Citi Provident CEO open Haryana allows restaurants to open 24x7: Gurugram eateries ready to cash in on late diners, MNC employees

Haryana government gave its nod to the 24x7 operation of restaurants in the state, eateries in Gurugram are overjoyed hoping to cash in on late night cravings of residents and round-the-clock working MNC employees. Several restaurants of the city, an IT hub, said they can't wait to serve late night and early morning diners with piping hot food and chilled drinks, even though security remains the foremost concern of most restaurateurs.

05.07 / 16:51

COST UPS Nano Drop Costs Satellite launch costs in India to drop further: V.K. Saraswat

//WEB// “They are building new payloads and different types of satellites, including nano, micro and mini-satellites," Saraswat said. Saraswat said that India has the potential to become a hub for satellite launches. “That will be the future.

05.07 / 16:51

COST Progressive reform Relieve GST of its warps to regain its reform cred

₹1.5 trillion, a fiscal anxiety over GST revenue has begun to ease at last; this buoyancy could relieve state coffers of their need for cess top-ups. By acting a slice-off of value addition instead of sale prices, its design got informal units to sign up—drawn by input credits and pushed by business clients. Much of its switchover pain is now in the past, as technical glitches and administrative snarls get sorted out.

05.07 / 16:19

COST Provident Digital Platform coinbase Software Bitcoin Crypto Taxes Statistics Explained Around the World 2023

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

05.07 / 16:13

COST UPS Action Time Global wealth slips for first time in 15 years but set for rebound

Global wealth slipped to $255 trillion in 2022, marking a 4% drop from the previous year and the first decline in 15 years, since the financial crisis of 2008.

05.07 / 15:33

COST UPS Citi Lowe's RBC NOT Posthaste: Owning a home 'huge, if not impossible' stretch for many households in these Canadian cities

Good morning,

05.07 / 15:33

COST Citi Lowe's Cooper Align Ontario urged to act as housing crisis spreads from cities to communities across province

Ontario needs to incentivize the development and preservation of a range of affordable housing options as high housing costs limit buying power and fuel migration out of the province, a business group says.

05.07 / 15:29

COST Cooper services Centre Centre launches Rs. 5,000 crore scheme to enhance fire services in states

New Delhi: The Ministry of Home Affairs on Wednesday announced the launch of the “Scheme for Expansion and Modernization of Fire Services in the States" with a total budget of Rs. 5,000 crore. The scheme, part of the preparedness and capacity building funding window under the National Disaster Response Fund (NDRF), aims to strengthen fire services across the country. Out of the allocated amount, Rs.

05.07 / 15:27

COST UPS Manufacturing CEO Platform Stellantis Stellantis unveils new platform underpinning move to electric vehicles

MILAN (Reuters) — Stellantis on Wednesday unveiled its new 'STLA Medium' vehicle platform, the first of four new electric-centric bases that will underpin all future models made by the world's fourth largest carmaker by sales.

05.07 / 14:59

COST UPS Sony Nano Features OnePlus Nord CE 3 debuts in India at ₹26,999 with Snapdragon 782G SoC. Check features, specifications, more

OnePlus Nord 3 5G begins at ₹33,999, whereas the OnePlus Nord CE 3 costs ₹26,999 for the base variant. The OnePlus Nord CE 3's base variant, featuring 8GB RAM and 128GB storage, will be available at a retail price of ₹26,999. Whereas, the higher-end model with 12GB RAM and 256GB storage is priced at ₹28,999. The Nord CE 3 is a slightly less advanced variant of the Nord 3 and comes equipped with a 6.7-inch Fluid AMOLED display in a 20:9 aspect ratio.

05.07 / 14:59

COST UPS Digital Ripple Progressive Align Steel demand in India to remain robust: Chandrasekaran

New Delhi: Demand for steel in India is expected to remain robust over the current fiscal year with consumption growing in double digits on the back of infrastructure development, rapid urbanisation and supportive policy reforms, Tata Steel's Chairman, Natarajan Chandrasekaran said at an Annual General Meeting of the company. “The Fiscal Year (FY) 22-23 witnessed some intense geo-political and economic volatility. This in turn has created constant disruptions in the global supply chains creating a bottleneck, with the global steel industry experiencing a ripple effect.

05.07 / 14:05

COST UPS NIFTY Highways SENSEX GR Infraprojects executes concession agreement with NHAI for hybrid project worth ₹1,248.37 crore

₹1248.37 crore. The agreement was inked through the company's wholly-owned subsidiary. The stock ended in the green following the development. The share price closed at ₹1,306.20 on 5th July, up by 0.20% from its previous close of ₹1,303.55.

05.07 / 13:57

COST Digital Platform Compilation Bitcoin Standard Bitcoin Ordinals Launchpad Introduces BRC-69 Standard, Promising 90% Cost Reduction

Luminex, a launchpad platform for Bitcoin Ordinals, has proposed a new BRC-69 standard which promises a staggering reduction of more than 90% on inscription costs.

05.07 / 13:52

COST Citi Lowe's FIVE Low Railways reviewing fares of some Vande Bharat trains with low occupancy: Sources

Railways is reviewing the fares of some short-distance Vande Bharat trains with low occupancy to make them more viable for people, sources said on Wednesday. Barring a handful of such low occupancy trains, most of the services of this semi-high speed train currently is running with full occupancy, according to official data. Vande Bharat trains like the Indore-Bhopal, the Bhopal-Jabalpur and the Nagpur-Bilaspur express, along with some others are likely to fall in this category, the sources said.

05.07 / 13:51

COST UPS Provident Amazon OnePlus Nord 3 5G, OnePlus Nord CE3, & Nord Buds 2r make a smashing debut; new smartphones offer better brightness & selfie experience

A new range of Nord products — two smartphones and one earbud, has made its debut. Chinese consumer electronic goods giant OnePlus launched the new generation of Nord tech products through a live event, which was broadcasted on Wednesday (July 6) at 7:00 pm. The products include OnePlus Nord 3, OnePlus Nord CE3 5G, and OnePlus Nord Buds 2R. Here’s what you can expect from the new line of Nord products.

05.07 / 13:51

COST Twitter Manufacturing Carl Pei visits Nothing’s manufacturing facility in Chennai ahead of launch

Smartphone startup Nothing's founder Carl Pei visited the company's manufacturing facility in Chennai on Wednesday and took to Twitter to say that there has been a significant improvement at the plant in terms of cleanliness, security, and processes when compared to the previous year. His visit comes close on the heels of the Nothing Phone(2) launch that is expected to happen on July 11 in India and other global markets.

05.07 / 13:15

COST UPS Target Low Marico's revenue in Q1 dips in low-single-digit, expects gross margins to expand ahead; should you buy this FMCG stock?

₹538.85 apiece, up by ₹12.25 or 2.33% on Wednesday. After the Q1 update, Amnish Aggarwal – Head of Research, Prabhudas Lilladher on Marico said, "Urban markets and premium categories continue to see stable demand trends; recovery in rural markets is delayed by another quarter.

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