COST Financial News

06.01 / 11:43
COST UPS Manufacturing Election Trade prevention The challenge for made-in-America bikes? Made-in-China parts
Subscribe to enjoy similar stories. In 2022, Brian Riley opened a bicycle factory in Seymour, Ind., shifting production of his Guardian Bikes brand to the U.S. from China.
06.01 / 09:01
COST Citi FIVE Dreams Metro wellness How taxes and fees add 7-12% to your property purchase cost
Subscribe to enjoy similar stories. Buying Property? Don’t Forget These Extra Costs That Can Add 7-11% to Your Budget Think you’ve nailed your property budget? Think you’ve accounted for every expense in buying your dream home? Think again—overhead costs like taxes and government fees could add a hefty 7-12% to your final bill. The biggest cost is that of stamp duty, a tax levied by state governments on the sale of property.
06.01 / 07:17
COST Target Analysis Metro trends Trade Experts SBI Cards and Payment Services shares rally 5% as Nomura and Nuvama upgrade ratings to buy, hike target prices
SBI Cards and Payment Services climbed as much as 5.1% on Monday to Rs 760.15 on the BSE after two brokerage firms Nomura and Nuvama upgraded the stock’s rating to 'buy’, while increasing their target prices to Rs 825 and Rs 850, respectively, signaling potential upsides between 8.5% and 12% from current levels. Japanese brokerage firm Nomura highlighted that several near-term concerns, particularly around asset quality, are expected to diminish for SBI Cards and Payment Services. The brokerage said that it has observed a growing concentration of credit card debt in metro regions since FY23, with the share of the top eight metro cities in new sourcing showing an upward trend.
06.01 / 07:07
COST UPS Google Gemini Research Experts performer We saw ten major GenAI developments in the month of December alone
Subscribe to enjoy similar stories. The latter half of December witnessed a flurry of groundbreaking announcements despite the holiday season, highlighting a Generative AI industry that cannot afford a pause, given the rapid developments and high costs for those who fall behind. Google raised the bar with Gemini 2.0: Google’s launch of Gemini 2.0 is a full-fledged base model upgrade from the 1.5 series.
06.01 / 07:07
COST economy Food Trade President prevention Ajit Ranade: Rupee depreciation is inevitable but exchange-rate volatility is not
Subscribe to enjoy similar stories. The dollar rupee exchange rate is one of the most important economic variables that affects all aspects of the economy. Whether it is food prices that have an embedded transport fuel or fertilizer cost element, or domestic steel facing import competition, everything is influenced by that rate.
06.01 / 06:53
markets COST Digital Strategy Sustainability Experts PAM ArcelorMittal South Africa to close long-steel business, putting 3,500 jobs in jeopardy
ArcelorMittal South Africa Ltd. will close its business that makes long-steel products, potentially affecting about 3,500 jobs.
05.01 / 09:39
COST WhatsApp Highways NHAI prepays Rs 56,000 cr to its lenders in FY25 to save Rs 1,200 cr interest
National Highways Authority of India (NHAI) has pre-paid loans of worth Rs 56,000 crore during the current fiscal, helping the state-owned agency to save interest cost of around Rs 1,200 crore, a senior government official said on Sunday. The official told PTI that NHAI's total debt at the beginning of the current fiscal year was pegged at Rs 3.35 lakh crore, which stood at about Rs 2.76 lakh crore at the end of third quarter of 2024-25 fiscal year.
05.01 / 08:03
markets COST Provident Target Strategy economy rights Well designed public-private partnerships should be used for goal-oriented growth
Subscribe to enjoy similar stories. The UK’s Labour government has given serious thought to the public investment needed to get the economy back on track after 14 years of austerity, neglect of social infrastructure and capital flight triggered by Brexit and economic uncertainty. The situation demands a new strategy to tackle big problems like child poverty, health inequities, a weak industrial base and struggling public infrastructure.
05.01 / 08:03
markets COST wellness students Freedom International How this 27-year-old is rebuilding her finances in India after a French detour
Subscribe to enjoy similar stories. It was a roller-coaster ride for Mumbai-based Sailee Satish Angane when she was studying abroad. First it was disrupted by the covid-19 pandemic and later by a medical scare.
05.01 / 07:19
markets COST Analysis trends Trade Experts Updates FMCG makers expect inflation to hit volume growth, operating profit in Q3
operating profit in the October-December quarter. Several FMCG makers are likely to log a low single-digit rise in their revenue, returning to the cycle of value-driven growth. One of the reasons could be that a number of companies have opted for a price hike in the December quarter due to rising costs of input items such as copra, vegetable oil, and palm oil.
05.01 / 05:59
markets COST UPS pandemic country International Global mining’s dangerous new reality: Guns, hostages, arrests
Subscribe to enjoy similar stories. Neil Warburton was finishing up his breakfast of porridge and local honey when the armed soldiers converged. The Australian veteran mining executive had flown to southern Ethiopia in 2023 to check on progress at his lithium mine.
05.01 / 05:55
markets COST UPS Manufacturing Strategy PAM A ‘Made in China’ crisis awaits big auto
Jaguar’s “copy nothing” brand reboot hit late last year, one self-styled car enthusiast replied on X: “What the actual hell is this.” Jaguar’s response: “The future.” That remains to be seen. But the ad, unfamiliar and unsettling, does at least work as a portent of what’s coming for the global auto industry.
05.01 / 05:03
COST FIVE Airlines show stage concert Taylor Swift fan left denied compensation after WestJet flight cancellation
WestJet has denied compensation to a devout Taylor Swift fan whose cancelled flight triggered a 10-hour drive through the night from Prince George to make the singer’s shows in Vancouver last month.Carol Hansson says she and other Swifties on the flight incurred hundreds of dollars in costs after the cancellation less than 24 hours before Swift took the stage for the first of three concerts at BC Place.She says the Calgary-based airline told her the cancellation was due to “unplanned aircraft maintenance” and was required for safety purposes.WestJet confirms that in a written response and says Hansson is therefore not eligible for compensation under Canada’s Air Passenger Protection Regulations.The regulations say that in situations “within airline control but required for safety purposes,” airlines have obligations for a passenger’s treatment and completion of their itinerary — but not compensation.Hansson says WestJet delayed the evening flight from Prince George for about five hours, before cancelling the Dec. 5 service.Airlines are also obliged under the regulations to offer alternate travel in the same class of service for disruptions beyond three hours, but Hansson says she was offered a Dec.
05.01 / 04:59
markets COST Citi Celebrity Golf stage exclusive Here’s what you can get at India’s ₹100 crore addresses
Subscribe to enjoy similar stories. When you rise to the level of self-actualization, the final stage of Maslow’s need hierarchy, the world is your oyster. For India’s 185 billionaires and some millionaires, it’s a dream house costing well over ₹100 crore.
04.01 / 14:29
markets COST Digital Strategy Experts PAM 50 Bangladeshi judges to undergo training in India
National Judicial Academy and State Judicial Academy at Bhopal in Madhya Pradesh with no cost to Bangladesh.
04.01 / 06:07
COST UPS Booking Death country diving Alberta family navigates vacation death nightmare: ‘Basically stuck there’
A vacation ahead of the holidays for a Calgary couple to relax before the Christmas chaos ended in tragedy — which triggered a bureaucratic nightmare.
04.01 / 01:21
COST UPS prevention Courts Turning housing loan interest into cost of acquisition during property sale
Subscribe to enjoy similar stories. With housing loan interest rates remaining reasonable over the years, many taxpayers have turned to loans to fund their residential property purchases. Tax laws, however, limit the deduction of housing loan interest for self-occupied properties to ₹2 lakh annually.
04.01 / 01:21
COST UPS Provident FIVE Platform Mobile Experts NPCI moving to give netbanking a UPI-like makeover
Subscribe to enjoy similar stories. Mumbai: You’re about to pay for a purchase on a popular e-commerce website from your mobile, but your bank doesn’t show up in the netbanking list. This stumbling block faced by many consumers may be fixed if a pilot rolled out by the National Payments Corporation of India (NPCI) last month works out.
04.01 / 01:11
COST Extreme Bill Trade country prevention Courts US Chamber, oil industry sue Vermont over law requiring companies to pay for climate change damage
The U.S. Chamber of Commerce and an oil industry trade group are suing Vermont over its new law requiring that fossil fuel companies pay a share of the damage caused by climate change
03.01 / 15:55
markets COST WhatsApp performer reports Gold outperforms all asset classes in 2024, rises 25.5% as geopolitical risks drive demand
World Gold Council report released today, gold rose 25.5% in 2024, likely due to its role as an effective hedge against the heightened geopolitical uncertainty.
03.01 / 14:45
COST economy Election country Videos Jack Mintz: A sinking dollar is Trudeau’s latest legacy
A sleeper election issue is our sinking dollar, which fell this past year by nine per cent against the U.S. dollar, reaching its lowest level since April 2003. It nowtakes $1.44 in Canadian dollars to buy one U.S. dollar. Flipping it over, $1 Canadian dollar costs just 69.4 U.S. cents.

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