COST Financial News

01.07 / 07:15

COST UPS Aviat Jet fuel price up 1.6 per cent on global cues

Jet fuel or ATF price on Saturday was hiked by 1.65 per cent — the first increase in rate after fourth months of reduction warranted by softening oil prices. Aviation Turbine Fuel (ATF) price was increased by Rs 1,476.79 per kilolitre, or 1.65 per cent, in the national capital to Rs 90,779.88 per kl, according to a price notification of state-owned fuel retailers. Rates vary from state to state.

01.07 / 07:15

COST Progressive Mobile Goa identifies 70 accident-prone zones for installation of AI cameras to enhance road safety

Goa, authorities have identified 70 priority locations as accident-prone zones across the state. These locations will be equipped with artificial intelligence (AI) cameras by December to monitor vehicular traffic and detect violations committed by motorists. The decision was made during a State Road Safety Council meeting held at the ITMS control room in Altinho on Friday.

01.07 / 06:41

COST UPS Lowe's NIFTY bank stocks NBFCs overtake bank stocks in FY24. Here’s why

NBFCs barring the giant HDFC have generated returns greater than 20%. NBFC Stocks which underperformed the banks in FY2023 have started to outperform them now. So what has changed in this short span of time? What has led to this increased optimism in NBFC Stocks? A significant reason has been the anticipation of interest rates peaking out and potential cuts in the near future.

01.07 / 05:01

COST Ripple Tether Gap CBS stars Hollywood stars to join the writers' strike? What we know

Hollywood actors may be days from joining screenwriters in what would be the first two-union strike in the industry in more than six decades, with huge consequences for film and television production. Here is a look at how it could play out, and why it's happening.

01.07 / 05:01

COST Provident Target Strategy Align foreign How warehousing companies can leverage the new Foreign Trade Policy

Foreign Trade Policy, these companies can significantly contribute to improving the competitiveness of Indian products in the international arena. One imperative of the Foreign Trade Policy is to enhance the efficiency of export operations. Warehousing companies can play a vital role in this aspect by providing state-of-the-art storage facilities and streamlined logistics solutions.

01.07 / 03:39

COST UPS Lowe's Low World Bank OKs $1.5bn for India's low carbon energy sector

World Bank (WB) said on Friday it has approved $1.5 billion in financing to accelerate the development of India's low carbon energy sector. The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments, the bank said in a statement.

01.07 / 03:39

COST Provident FIVE Progressive Gap Mobile external debt Pakistan’s flawed external debt policy

Pakistan on policies to be supported by a Stand-By Arrangement (SBA) in providing USD 3 billion, the last minute rescue package for Islamabad’s acute balance of payment crisis. According to major global credit rating agencies Islamabad would be compelled to default on external borrowings without the IMF assistance. Surprisingly, Pak forex reserves are now below USD 3.5 billion, hardly sufficient for less than a month’s requirement for even essential imports.

30.06 / 20:57

COST Target Support Maruti offers dealerships support to drive small car sales in fast lane

Maruti Suzuki India has launched an “inventory support” scheme for its dealers in a bid to clear the stockpile of slow-moving models such as the Alto, WagonR, Celerio and SPresso, said multiple dealers who received the communication from the company in mid-June. The automaker will fund the interest cost on dealers’ working capital for holding these models, if the cars remain unsold beyond 30 days.

30.06 / 20:05

COST Aware Action Discounts Customers IAG fined $40m for failing to give customers due discounts

Insurance Australia Group has been fined $40 million for failing to pass on discounts to its policyholders, the largest such penalty in the sector.

30.06 / 19:29

COST UPS Provident FIVE Align Why hire professional service providers for your Home Interiors?

When it comes to transforming your home interiors or giving your walls a fresh coat of paint, hiring professional organized players can provide numerous advantages. Their expertise, attention to detail, and efficient approach can significantly enhance the outcome of your project.

30.06 / 19:01

COST UPS FIVE Strategy Remembering Arun Jaitley on sixth anniversary of GST

GST is acclaimed as the biggest taxation reform since independence. This has now been borne out of results achieved in the last 6 years of its implementation. The average growth rate of Gross GST revenue for the period 2018-19 to 2022-23 is 12.3% against the nominal GDP growth rate of 9.8%.

30.06 / 18:15

COST UPS IPO Lowe's CEO Prysm Capital stocks up at Pet Circle

Pet Circle has found a deep-pocketed investor to see it through a ruff time in private markets, locking in a top-up investment from a US venture capital firm and cementing its $1 billion-plus valuation.

30.06 / 18:09

COST UPS Booking SpaceX Virgin Galactic offering space-tourism tickets worth over $450k, long waitlist – all you may want to know

Virgin Galactic is set to launch its first commercial flight carrying paying customers to the edge of space. The company, with likes of Blue Origin and SpaceX, is catering to wealthy individuals who are willing to pay large sums of money for the experience of supersonic rocket speed and microgravity.

30.06 / 17:55

COST Citi Lowe's Waters Parke Ayodhya airport will be completed by September

«The new Airport will be suitable for the operation of A-320/B-737 type of Aircraft and is being developed at the cost of Rs. 350 crores (approximately),» the ministry said. The development work includes an extension of the existing runway from 1500m X 30m to 2200m x 45m for the operation of Code -C type of aircraft under IFR condition, an Interim Terminal Building, an ATC Tower, a Fire Station, Car parking, new Apron for parking 03 nos.

30.06 / 17:09

COST Target Platform coinbase Apple Nike Meta Platforms Bitcoin Stocks making the biggest moves midday: Apple, Meta Platforms, Carnival, Nike and more

Check out the companies making headlines in midday trading Friday.

30.06 / 15:23

COST UPS Hero Hero MotoCorp to hike two-wheeler prices by around 1.5% from next month

Hero MotoCorp on Friday said it will hike prices of its motorcycles and scooters by around 1.5 per cent from July 3, citing several factors, including a rise in input costs. The company, which raised prices by around 2 per cent in April this year, said the exact quantum of its latest increase would vary by specific models and markets.

30.06 / 15:07

COST UPS Lowe's CEO Airlines recovery India's recovery has been sharper than the rest of the world, says British Airways CEO

British Airways (BA), the national carrier of the UK is one of the largest airlines in the world. Sean Doyle who has been with BA for 20 years took over as CEO in Oct-2020. In this interview with Arindam Majumder, Doyle speaks on the recovery from pandemic and its growth plans in India.

30.06 / 15:07

COST Citi Waves Man Career France Shooting: Know who was Nahel M, 17-yr-old killed in Nanterre

Nahel M, a 17-year-old young man from Nanterre, has triggered widespread riots in various French cities, reigniting conversations about police accountability and justice. Nahel, an only child raised by his mother, was known for his work as a takeaway delivery driver and his involvement in rugby league.

30.06 / 15:03

COST Lowe's ETF Progressive Extreme Cronos week Pro Research of the Week: Are Cannabis Stocks Ready to Go Higher Again?

While the initial decline appeared to be a correction after a rapid and strong surge, it simply did not come to a halt. Disappointment over the lack of progress in federal legalization in 2021, coupled with inflation, rising central bank rates, and oversupply leading to plummeting prices, have impacted the cannabis industry in 2022.

30.06 / 14:23

COST UPS Airlines rights Weekend Canceled, delayed flights are likely over July 4 holiday weekend. What to know about your rights

A busy holiday weekend may be marred by flight delays and cancellations for thousands of travelers — and experts suggest that consumers understand their financial recourse ahead of time should their travel plans get interrupted.

30.06 / 13:37

Blockchain COST Provident Target Digital Aware Strategy Web3 mass adoption: How Web3 can onboard the next billion users

Achieving mainstream Web3 adoption is a key goal for the blockchain community. We believe strongly in the revolutionary power of this technology, but how do we share its potential with the world? There is no one-size-fits-all solution, so blockchain advocates need to tailor their sales pitch to different audiences in order to kickstart mass adoption from the ground up.

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