COST Financial News
07.02 / 13:35
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Europe is looking to roll back climate accounting rules
Subscribe to enjoy similar stories. The European Commission is reviewing elements of its flagship Green Deal environmental policy, as worries over rising costs and a lack of competitiveness with China and the U.S. grow within the continent.
07.02 / 13:35
07.02 / 08:11
07.02 / 06:53
COST
Provident
FIVE
wellness
pandemic
Mint Explainer | RBI's rate cut and how it will benefit retail borrowers
Subscribe to enjoy similar stories. Mumbai: The Reserve Bank of India’s (RBI) monetary policy committee on Friday delivered a much-anticipated rate cut of 25 basis points, taking the policy repo rate to 6.25%. The first rate cut in five years, the Monetary Policy Committee's decision will lead to lower equated monthly instalments or EMIs by retail borrowers by an equivalent amount, provided their rates are linked to the repo.
07.02 / 06:51
07.02 / 05:21
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NCC shares sink 15% as Q3 profit declines 12.5% YoY, margins contract
NCC Ltd tumbled as much as 14.6% on Friday to Rs 202.85 on the BSE after the infrastructure company reported a 12.5% year-on-year (YoY) decline in net profit at Rs 193.2 crore for the third quarter ended December 2024. The stock decline followed NCC's earnings announcement post-market hours on Thursday. The Rekha Jhunjhunwala-backed firm posted a net profit of Rs 193.2 crore for the quarter ended December 31, 2024, down from Rs 220.7 crore a year earlier, according to a regulatory filing.
07.02 / 05:13
markets
COST
Digital
Strategy
Experts
PAM
RBI governor's maiden policy announcement brings relief to home, auto, and MSME borrowers
Reserve Bank of India (RBI) Governor Sanjay Malhotra brought good news to home, auto, and MSME borrowers by announcing a 25-basis point cut in the policy repo rate — the first reduction in five years.
07.02 / 04:59
markets
COST
Analysis
wellness
Trade
Cycling
rights
Sandip Sabharwal sees strong growth potential in Bharti Airtel, despite market challenges
«So, many of these construction, infrastructure, capital good companies have corrected very significantly from 52-week highs to three-four months back they are more near 52-week lows,» says Sandip Sabharwal, asksandipsabharwal.com. Lots of numbers yesterday and with the standout one and when I say standout one bad numbers also stand out, the standout one or the standout group for me actually is cement and construction. Everything there is just getting marred because of slowdown in the government action. Sandip Sabharwal: Yes, exactly. So, it is across the board. You see capital good companies, you see infrastructure companies, across the board there is a slowdown in execution.
07.02 / 01:49
markets
COST
Target
economy
President
rowing
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective home shoppers getting into the market before the busy spring homebuying season starts
06.02 / 17:47
COST
Provident
Digital
Mobile
Trade
Interviews
Bell tops estimates, but sees weaker year ahead as wireless slows
BCE Inc. beat analysts’ fourth-quarter expectations as Canada’s largest telecommunications firm reduced costs.
06.02 / 14:25
06.02 / 13:39
06.02 / 12:01
06.02 / 11:49
markets
COST
UPS
Digital
Strategy
PAM
Steel sector leads with half of Jharkhand's Rs 26,000 cr investment proposals during Bengal biz meet
Bengal Global Business Summit (BGBS) in Kolkata pertain to the steel sector, an official said on Thursday. Jharkhand Chief Minister Hemant Soren, along with his wife and MLA Kalpana, attended the eighth edition of the BGBS at the invitation of his West Bengal counterpart Mamata Banerjee.
06.02 / 11:49
markets
COST
UPS
Provident
Manufacturing
economy
Tamil Nadu CM inaugurates TP Solar cell and module manufacturing plant in Tirunelveli dt
TP Solar, established at an estimated cost Rs 3,800 crore at Gangaikondan SIPCOT industrial estate in the district was inaugurated by Tamil Nadu Chief Minister M K Stalin on Thursday.
06.02 / 11:03
markets
COST
Digital
Manufacturing
Sustainability
Trade
reports
Rise in digital adoption and sustainability measures across MSMEs: SIDBI MSME Outlook Survey
SIDBI) has launched their first ever MSME Outlook Survey, a quarterly analysis of MSME business sentiment for the October-December 2024 period.
06.02 / 10:37
COST
Digital
Enterprise
Coherent
Latin
recommendations
Red-tape relief: Six things India’s regulatory reform committee must do
Subscribe to enjoy similar stories. In 2011, a British bakery was fined for selling metric bread rolls instead of the traditional imperial ones—because, apparently, the greatest threat to public order was a rogue baguette. This kind of regulatory absurdity will not come as a surprise to people in India, and that is exactly why the finance minister’s announcement of a High-Level Committee for Regulatory Reforms (HLC) is a breath of fresh air.
06.02 / 09:15
markets
COST
Provident
Cycling
cover
Courts
MTNL’s 25% stock surge signals relief, not revival
Subscribe to enjoy similar stories. Shares of Mahanagar Telephone Nigam Ltd (MTNL) have soared 25% in just a few days, but this isn’t a sign of a turnaround—it’s a rally driven by relief. Investors are cheering yet another government intervention to keep the struggling state-owned telecom operator afloat.
06.02 / 09:07
COST
UPS
Manufacturing
Trade
President
country
reports
Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports
A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide array of products
06.02 / 09:07
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