COST Financial News

China's commerce ministry said on Monday it would control exports of eight gallium products and six germanium products from Aug. 1 to protect national security, a move analysts saw as a response to escalating efforts by the United States to curb China's technological advances. Companies caught out by the abrupt news acted to secure supplies, with one U.S.

prime Day, Amazon India today announced the launch of a new tool called Sale Event Planner, dedicated to help sellers work on the preparation of upcoming and/or ongoing events on Amazon.in. The Sale Event Planner is now available on the Amazon seller app and will help sellers become aware about the events well in advance, ensuring that they have enough time to prepare.

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Workers in unexpected jobs are clocking more time from home than before the pandemic hit. It isn’t just white-collar workers logging in from bedrooms instead of boardrooms. Lower-income, less-educated and service-industry workers spent more time working from home, on average, last year than before the pandemic struck.

BEIJING — Less than a year since augmented reality glasses startup Xreal started sales, the Alibaba-backed company is claiming shipments will soon reach 200,000 units.

By Libby George

Bharat 6G Alliance to drive innovation and collaboration in next-generation wireless technology. Bharat 6G Alliance (B6GA) is a collaborative platform consisting of public and private companies, academia, research institutions, and standards development organizations. Mobile services have seen the transformation from 2G to 3G to 4G to 5G and now 6G is on the horizon.

Kaizen philosophy is popularly used to achieve personal growth by overcoming laziness, the Japanese philosophy is also used in the dynamic world of business, as it unlocks the potential for continuous improvement. Translated as «change for the better,» Kaizen focuses on gradually enhancing productivity and efficiency within organizations.

microfinance institutions (MFI) grew at a slower CAGR of 15% over FY20-23 as compared to its 29% growth over FY14-20, largely due to major political and asset-quality headwinds. However, analysts believe these asset quality woes are largely behind and new regulations for the sector offer a level playing field for NBFC-MFIs.

₹3,570 apiece on BSE today. The X440 is the smallest and most cost-effective Harley-Davidson motorcycle to be introduced in India since the Street 750, thanks to a partnership between Harley-Davidson and Hero MotoCorp. The Royal Enfield Hunter 450, which Eicher Motors will soon launch, is in direct competition with the X440, which is priced at ₹2.29 lakh (ex-showroom).

HDFC Bank racing ahead of global banking giants like Morgan Stanley and HSBC in terms of market capitalisation is grabbing headlines, what matters more for investors is whether the merged entity has enough firepower to widen its valuation premium against closest rival ICICI Bank. As one of the biggest wealth creators on Dalal Street, HDFC Bank has historically commanded a higher valuation premium against ICICI Bank and has often been worshiped as the epitome of a classic consistent compounder that can double every 5 years or so.

₹5,000 and also allows non-resident Indians (NRIs) to invest. Despite having been in existence for six years, the firm started collecting money from the public only in the last two years. It has raised approximately ₹70 crore, which has been deployed over an area of more than 3,000 acre of land.

India has doubled its share of global commercial services exports to 4.4 per cent in 2022 from 2 per cent in 2005, according to a World Bank and World Trade Organisation (WTO) report. "China and India doubled their share of global commercial services exports from 2005 to 2022, from 3.0 per cent to 5.4 per cent, and from 2.0 per cent to 4.4 per cent, respectively," it said.

ITR 1 is a widely-used form for salaried individuals with specific income sources, it cannot be used by everyone. When an individual is a non-resident or not-ordinarily resident or his income surpasses the limitations of ITR 1 such as total income is more than 50 lakh or involves multiple house properties, or consists of capital gains, the income tax return (ITR) has to be filed using ITR 2 only. The form ITR 2 cannot be used by an individual having income from a business or profession. One can file ITR-2 through different methods. It can be filed using the income tax department's Excel or Java utilities or online directly through the income tax e-filing portal. In this article, we have explained the most efficient method to file your ITR-2 online with illustrations on reporting salary, capital gains and other incomes.

Promoter buying usually indicates that markets have priced in a lot worse in the stock than what is warranted. Of all the stakeholders, it's the promoters who know the most about their businesses and future potential. If they are willing to part with their personal money to buy stocks from the open market, there is a good possibility that they believe the stock is undervalued and will potentially rise in the future.

Gold prices edged slightly lower in early Asian trade on Tuesday, as traders awaited the U.S. Federal Reserve's minutes of the June meeting for more clues on its interest rate hike path ahead.FUNDAMENTALS * Spot gold edged 0.1% lower to $1,919.95 per ounce by 0107 GMT, while U.S. gold futures were down similarly to $1,927.80.

Investing.com-- Gold prices steadied further above key support levels on Tuesday, but the yellow metal still remained under pressure as markets awaited more cues on monetary policy from the Federal Reserve this week.

IDFC First BankThe board of IDFC First Bank has approved the merger of IDFC Ltd and IDFC Financial Holding Company with itself through a scheme of amalgamation.Tube InvestmentsTube Investments arm TI Clean Mobility has entered into an agreement with Anand Jayachandran for pursuing electric small commercial vehicle business through a subsidiary to be incorporated by TI Clean Mobility.Oil IndiaThe Board of the company has approved the revision of project capital cost front Rs 6,555 crore to Rs 7,231 crore for implementation of petrochemical project of Numaligarh Refinery Ltd.Read more: What changed the market while you were sleepingIndusInd BankIndusInd Bank's promoter IndusInd International Board is planning to raise $1.5 billion in capital to increase the stake in the lender and other strategic objectives.Reliance IndustriesReliance Jio has launched Jio Bharat Phone, which will enable existing 250 million feature phone users with internet enabled phones. The beta trial for the first 1 million Jio Bharat phones begins from July 7.Bajaj FinanceThe company's assets under management (AUM) rose 32% to Rs 2.7 lakh crore as of June 2023 in Q1.

stocks rebound over the past three months after the fastest pace of increases in US funding costs in nearly half a century caused a valuation implosion for most such highgrowth companies last year. The ET E-Commerce index, which plunged 53% in 2022, has recovered 25% in the past three months.