COST Financial News

22.01 / 00:19

COST UPS Provident security Software reports Indian IT services firms take a divergent AI approach

Subscribe to enjoy similar stories. India’s largest IT services companies are divided when it comes to selling their AI solutions. Infosys Ltd and Tech Mahindra Ltd are building their own small AI models to help clients save costs, while Tata Consultancy Services Ltd, Wipro Ltd and HCL Technologies Ltd want to build on foundational AI tools that are already present in the market.

22.01 / 00:09

COST UPS economy Trade President beautiful Destinations A U.S.-Canada tariff battle looms. These 10 things could get costlier

U.S. President Donald Trump could hit Canada with tariffs as early as next week, raising the risks that Ottawa would impose retaliatory tariffs on the United States amid growing fears of a trade war.

21.01 / 21:25

COST UPS economy Food trends Trade reports Inflation slows ahead of Bank of Canada’s 1st rate decision of 2025

December’s inflation data offered a mixed bag to the Bank of Canada as it gears up for its first interest rate decision of 2025 with U.S. President Donald Trump’s tariff threats still looming over the Canadian economy.

21.01 / 21:07

markets COST UPS Action Highways President innovations What's next for EVs under President Trump?

President Donald Trump has signed an executive order promising to eliminate what he incorrectly labels “the electric vehicle mandate” imposed under former President Joe Biden

21.01 / 20:23

markets COST UPS Moodys Experts rights Mortgage rates aren't likely to fall any time soon — here’s why

Mortgage rates have risen in recent months, even as the Federal Reserve has cut interest rates.

21.01 / 16:23

COST UPS Target wellness Trade Experts War How Donald Trump's tariff war could hit Canadians' wallets

“A tariff is essentially a tax that you put on goods and services that you import from another country,” said Fen Osler Hampson, professor of international affairs at Carleton University and co-chair of the Expert Group on Canada-U.S. Relations.

21.01 / 16:23

COST UPS Racing economy Moodys country Capital gains proposals prove a return to common-sense tax and economic policy can't come soon enough

One might quibble on what Conservative Leader Pierre Poilievre meant last week when he said he would “reverse” the Liberals’ capital gains proposals, but his statement is quite clear that his party will either not proceed with the proposals should they not be law at the time if and when they form government, or they will unwind the proposals if such proposals are effective law at the time.

21.01 / 16:09

markets COST security social politician Ray Dalio says cutting budget deficit is crucial to stabilize the bond market

Billionaire investor Ray Dalio thinks reducing the U.S. budget deficit could stabilize the bond market and lower interest rates.

21.01 / 14:51

COST UPS Airlines Allegiant travelers These frequent fliers are done with loyalty programs

Subscribe to enjoy similar stories. More frequent fliers are declaring themselves airline free agents, fed up with ever-changing requirements to earn and maintain status. Carriers across the country have changed their loyalty programs in recent years to reward big spenders rather than budget-conscious road warriors up in the air week after week.

21.01 / 14:19

COST Analysis Trade Experts Bottomline show Dalmia Bharat Q3 Results: Profit slumps over 75% to Rs 66 crore on weak cement prices

Dalmia Bharat’s profit slumped by more than 75% on year in the December quarter as weak prices of the building material and a moderation in demand offset the benefits of lower cost of raw materials, logistics, and power and fuel. The country’s fourth-largest producer of cement by capacity posted a consolidated profit of Rs 66 crore for the October-December period, down from Rs 266 crore a year ago. The bottomline was, though, higher as compared to Rs 49 crore in the September quarter helped by a recovery in prices.

21.01 / 13:29

COST UPS Analysis Trade Experts electronic 3M Q4 Results: Company posts profit above estimates on strong demand

demand for industrial adhesives, tapes and electronics picked up, sending its shares more than 5% higher in premarket trade. An uptick in demand for electronics used in vehicles and mobile phones boosted results during the holiday quarter, after months of a demand slowdown wrought by inflation-hit consumers postponing big-ticket purchases.

21.01 / 09:37

COST Booking Progressive CEO security Dreams Why Tech Mahindra’s turnaround is still a distant dream

Subscribe to enjoy similar stories. Tech Mahindra Ltd’s three-year transformation journey initiated under the leadership of CEO Mohit Joshi is making steady progress. The company is focusing on selective large deals and stringent cost controls to achieve its FY27 targets of a 15% Ebit margin and revenue growth above the industry average.

21.01 / 08:55

COST UPS Freedom information testing Cost of Labour Force Survey revamp nearly doubles in a year to £40.4m

According to a Freedom of Information (FOI) request published on Friday (17 January), the ONS revealed it has spent around £10.1m a year since 2021-22 to set up, develop and test the Transformed LFS, with the estimated cumulative cost reaching £40.4m across four years. Treasury Committee takes aim at ONS on labour force data The £10.1m accounts for around 2% of the agency's gross expenditure over the period. However, according to a different FOI request in March 2024, the cost for the Transformed LFS was estimated to be £8m a year, reaching a total of £24.1m between the 2021-22 fin...

21.01 / 08:55

markets COST UPS Research 'Cracks are starting to appear' in UK labour market as unemployment rises to 4.4%

At the same time, the estimated number of payrolled employees fell by 32,000 between October and November 2024, although was up 95,000 from a year prior. Cost of Labour Force Survey revamp nearly doubles in a year to £40.4m In the three months to November, however, the number of payrolled employees decreased by 11,000, while the number of vacancies dropped 24,000 in the last quarter of the year to 812,000. Richard Carter, head of fixed interest research at Quilter Cheviot, argued that even though the UK labour market had been holding «relatively steady» as it faced many economic he...

21.01 / 08:39

COST Target FIVE economy pandemic country shock India needs a new fiscal policy framework: Here’s why

Subscribe to enjoy similar stories. The world came to a standstill five years ago. The pandemic that began in China has since receded.

21.01 / 07:21

markets COST UPS economy country social China's population falls for a third straight year, posing challenges for its government and economy

21.01 / 04:15

COST UPS Provident wellness recommendations patient Features When it comes to brushing your teeth, are you team manual or electric?

Subscribe to enjoy similar stories. I’ve had a love-hate relationship with electric toothbrushes since I first acquired one during the pandemic in the US. It was a basic Oral-B Pro 1000 Rechargeable electric toothbrush, which cost about $50 (approximately ₹4,200).

21.01 / 01:09

markets COST Digital Gap Strategy Experts GCCs may align pay almost at par with IT companies to optimise costs

21.01 / 00:47

COST Analysis Experts reports Fresh US sanctions on Russian oil may hit GRMs of Indian refiners

Subscribe to enjoy similar stories. New Delhi: Gross refining margins of Indian oil refiners are likely to shrink going ahead post fresh sanctions on two Russian oil producers and nearly 200 crude-carrying vessels, according to sector experts. Buyers of cheap Russian oil may now have to look at other sources of oil which are unlikely to be offered at discounts, they said.

20.01 / 16:23

markets COST Provident Digital security Strategy PAM Trump will declare 'national energy emergency,' incoming White House official says

Trump will sign an executive order declaring a national energy emergency aimed at boosting U.S. oil and gas production, lowering costs for U.S. consumers and boosting U.S. competitiveness, an official with the incoming White House said on Monday.

20.01 / 14:11

markets COST UPS Manufacturing Trade country Investigations Trump’s tariffs: How India can escape a dumping flood from China

Subscribe to enjoy similar stories. Chennai: The most recent dream run for poly vinyl chloride (PVC) and steel manufacturers in India, ironically, coincided with the pandemic. Global supply lines were disrupted, imports dropped, and domestic prices rose sharply.

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