COST Financial News

16.01 / 01:15

markets COST Citi Strategy Sustainability country Hero Motocorp bets on steady EV market growth, eyes pan-India expansion

Subscribe to enjoy similar stories. Hero MotoCorp, India’s largest two-wheeler maker expects it can build an exhaustive pan-India presence for its electric vehicles (EVs) over the next four quarters, a top company official told Mint on Wednesday. Niranjan Gupta, chief executive officer, Hero MotoCorp, said it expects its EV business to become independently viable within two years.

16.01 / 01:15

COST UPS Provident FIVE pandemic Traffic International Budget may peg railways’ operating ratio below 98% on higher GBS, improved earnings

Subscribe to enjoy similar stories. The Union budget may peg Indian Railways' operating ratio at the best in five years in FY26 on higher freight revenue and increased central funds, two people aware of the matter said. Operating ratio, a measure of operational efficiency, is the ratio of amount spent to earn every ₹100.

15.01 / 22:23

COST UPS Food outbreak reports Department strain Energy and food prices drove inflation in December

RBC Chief Economist Frances Donald explains how inflation affects average households on Making Money.

15.01 / 21:03

markets COST UPS Strategy Election Experts Go buy quickly! These are the 4 things middle class Americans may not be able to afford post Donald Trump's inauguration

US President- elect Donald Trump eventually prepares to take office for a second term on the date of January 20, numerous significant changes to the US economy are anticipated specifically due to his proposed tariffs. According to GO Banking Rates, US President- elect Donald Trump has pledged to implement a 10% tariff on global imports, a 60% tariff on goods from China and a 25% tariff on imports from Canada and Mexico which could eventually lead to increased prices for everyday household items.

15.01 / 18:39

COST Provident Trade performer country social Trump creating 'External Revenue Service' for tariffs

President-elect Donald Trump said he would create an “External Revenue Service” tasked with collecting tariffs on foreign imports, the latest indication that the Republican aims to carry out his promises for sweeping trade levies when he retakes office.

15.01 / 18:39

COST Ball Airlines Golf reports Severe weather caused record breaking $8 billion in insured losses in 2024

A new report says the cost of insured damage caused by severe weather last year hit a record high as it totalled more than $8 billion.

15.01 / 18:39

COST UPS Target Manufacturing President band 'A disaster:' Auto sector cries foul after Ottawa ends EV rebates but keeps sales mandate

A day after the federal government announced that its rebate program to lower the cost of electric vehicles had run out of funding, the auto sector is banding together to renew its calls to eliminate EV sales mandates.

15.01 / 18:39

COST UPS Career Research Freedom travelers Relationships Financial advice from parents that millennials and gen Z need to give up

A new financial landscape meansyounger Canadians need to rewrite some of the old rules around money.

15.01 / 18:21

markets COST UPS Target Food reports Here's the inflation breakdown for December 2024 — in one chart

Inflation ticked up in December on the back of higher energy and food prices, the Bureau of Labor Statistics reported Wednesday.

15.01 / 17:13

markets COST Digital Strategy Stealth PAM Features India Navy gets two warships and a submarine; Here is everything you need to know of the new weapons

Indian Navy warships INS Surat, INS Nilgiri and INS Vaghsheer were commissioned at the Naval Dockyard here in the presence of Prime Minister Narendra Modi on Wednesday.

15.01 / 16:41

markets COST Provident Digital Strategy PAM Trai proposes capping data rates under PM Wani

PM-Wani initiative, the telecom regulator has proposed capping broadband connectivity costs of Wi-Fi service providers or `public data offices’ (PDOs) at twice the applicable rate for retail home broadband services.

15.01 / 14:33

COST UPS Target Manufacturing wellness reports MHI planning new scheme for indigenous production of battery components

Subscribe to enjoy similar stories. New Delhi: The ministry of heavy industries (MHI) is preparing a concept note to garner support for a scheme to promote domestic manufacturing of battery components, MHI joint secretary Vijay Mittal said. “The ministry is currently developing a concept note aimed at bringing policymakers together to agree on specific schemes that will support the manufacturing of components.

15.01 / 13:47

COST UPS Department strain Headlines Inflation rises 2.9% in December, in line with expectations

Kudlow panelists John Carney and Brian Brenberg discuss job growth and the Feds moves.

15.01 / 13:39

markets COST UPS Target Food trends reports US inflation likely remained sticky-high last month, threatening interest rate cuts

U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much this year

15.01 / 13:13

COST Provident Updates Liontrust suffers 5.3% drop in AUM following £1.6bn outflows in Q4 2024

Net outflows for the fourth quarter stood at £1.6bn, slightly lower than the £1.7bn in the same period in 2023. However, Liontrust noted that as of 9 January, its AUM had seen a small uptick to £24.7bn. Liontrust's Julian Fosh retires after nearly two decades with the firm The firm also provided an update to its business transformation programme — unveiled in November 2024 — which included the reduction of 25 roles. It explained that having reviewed the proposed cost efficiencies the programme could bring, it has identified additional savings and has put forward a «further small...

15.01 / 08:35

markets COST Experts Can gifting assets to family members lead to tax efficiency?

Transferring assets within the family might seem like a straightforward way to share wealth, but the tax rules surrounding such transfers can be more complex than they appear.

15.01 / 08:29

markets COST UPS Target economy wellness UK inflation unexpectedly eases in December, which could reduce bond markets pressure

Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month

15.01 / 04:21

markets COST Manufacturing Strategy Food reports High manufacturing cost led to surge in WPI inflation in December: Report

manufacturing inflation, according to a report by ICICI Bank.

15.01 / 03:55

markets COST Analysis Trade Experts Updates Adani Energy Solutions shares in focus after Co wins projects worth Rs 28,455 crore

Adani Energy Solutions shares will remain in focus on Wednesday after the company won transmission projects worth Rs 28,455 crore in the quarter ended December 31, 2024, bolstering the company's under-construction project pipeline to Rs 54,700 crore from Rs 17,000 crore at the start of the year. In its Q3FY25 update filed to the exchanges on Tuesday, the Adani Group company said that it won two transmission projects — one was Khavda Phase IV Part-D with a project cost of Rs 3,455 crore and the second was Rajasthan Phase III Part-I (Bhadla – Fatehpur HVDC) with a preliminary project cost of Rs 25,000 crore.

15.01 / 03:25

markets COST Provident Waters security country Department Biden takes big step for the future of AI with ambitious executive order

Biden on Tuesday signed an ambitious executive order on artificial intelligence that seeks to ensure the infrastructure needed for advanced AI operations, such as large-scale data centers and new clean power facilities, can be built quickly and at scale in the United States.

15.01 / 02:19

markets COST Digital Strategy Experts PAM reports Microsoft halts hiring in US consulting unit as cost-cutting measure: Reports

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