COST Financial News

03.01 / 13:05

COST UPS Analysis Trade Experts parachuting India's Marico estimates higher quarterly revenue growth on cooking oil demand

Marico on Friday estimated its consolidated quarterly revenue will rise in the mid-teen percentage range, boosted by improving rural consumption and higher demand for its Parachute and Saffola brands of oils. Cooking oil has largely withstood a broader slowdown among branded consumer goods due to its essential nature, according to analysts, even as brands raised prices in recent months to make up for higher ingredient costs.

03.01 / 11:13

markets COST UPS Manufacturing 2020 reports Natural diamonds had a rough year—some hope to restore their shine

Subscribe to enjoy similar stories. Natural diamonds are losing their sparkle. What will it take to restore it? After a postpandemic surge in demand in 2021 and 2022, natural-diamond prices are down about 8% compared with the first quarter of 2020, while lab-grown diamond prices are down 75%, according to data from diamond-industry analyst Paul Zimnisky.

03.01 / 10:41

markets COST Strategy Election PAM social reports Britain once again vows to reform social care, but no plan until 2028

03.01 / 10:41

markets COST Digital Strategy Bill Cycling PAM Electricity bills to rise in parts of Delhi as power regulator approves hike: Check if your area is affected

Delhi Electricity Regulatory Commission (DERC) has permitted the New Delhi Municipal Council (NDMC) to increase the power purchase cost adjustment (PPCA) charges from 38.75% to 54.52% for the January-March 2025 quarter. This decision will lead to higher electricity bills for consumers in these areas, a TOI report stated.

03.01 / 04:15

markets COST Target Analysis Harley-Davidson Trade Experts Hero MotoCorp shares slide over 3% as December sales drop 17%

Hero MotoCorp shares slid 3.5% to an intraday low of Rs 4,159.90 on the BSE after the company on Thursday reported a 17.5% year-on-year decline in total sales for December, with volumes falling to 3.24 lakh units compared to 3.93 lakh units in the same month last year. The automaker sold 2.94 lakh units domestically in December, 22% lower than the 3.8 lakh units sold in the same period in 2023. However, exports soared by 91%, reaching 30,754 units, up from 12,110 units in the same period last year, according to the company's regulatory filing.

03.01 / 03:11

COST UPS Waves Booking Celebrity travelers Features It’s the time for cruise deals. Here’s how to maximise your trip.

Subscribe to enjoy similar stories. Looking to save money on a getaway in 2025? You may want to hit the deck. The beginning of the year is generally the best time to book a cruise vacation, thanks to the promotions different cruise lines offer during what cruise veterans call wave season.

03.01 / 02:51

markets COST Digital Strategy Experts PAM Free for wife but double for husband: Karnataka LoP R Ashoka on KSRTC bus fare hike

02.01 / 19:29

markets COST Target Digital Strategy PAM Vedanta parent plans $1 bn raise to refinance high-cost debt

Vedanta Resources, the London-based parent of the Indian metals grouping Vedanta, plans to raise up to $1 billion to prepay and refinance high-yield debt, said people familiar with the matter.

02.01 / 19:29

markets COST Digital Strategy Experts PAM Karnataka: Cabinet allows KIADB to raise Rs 5000 Cr to develop industrial areas

Karnataka Industrial Areas Development Board (KIADB) from the present Rs 500 crore to Rs 5000 crore to enable it to borrow more from banks and financial institutions.

02.01 / 19:29

markets COST UPS Citi Sustainability Reddit Videos Reality of Gurgaon life: Work hard and give it all to landlord as rent, says netizen

02.01 / 19:29

markets COST Digital Strategy Experts PAM show Banking liquidity in deficit in December, RBI moves cap call rate

banking system liquidity slipped into deficit in December for the first time since June 2024 even as both tranches of the easing of cash reserve ratio (CRR) came into effect, infusing ₹1.16 lakh crore.

02.01 / 18:07

COST UPS Target Average 30-year mortgage rate hits 6.91%, Freddie Mac says, the highest since July

U.S. mortgage rates rose this week to the highest level since July

02.01 / 18:07

COST UPS Tesla Election wellness reports Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

Tesla’s global annual sales fell for the first time in at least 9 years, with a 2.3% increase in the final quarter not enough to overcome a sluggish start to 2024

02.01 / 17:33

COST UPS economy Matthews Bill stage Matthew Lau: Federal tax policy will not be kind to Canadians in 2025

Federal tax policy was not kind to Canadians in 2024. That shouldn’t be a surprise: it wasn’t kind to Canadians in 2023 or 2022, either, or in any year since 2016, when the Trudeau government established a new income tax bracket of 33 per cent, with the result that today, the combined federal and provincial top tax rate is over 50 per cent in every province except Alberta (48.0 per cent) and Saskatchewan (47.5 per cent).

02.01 / 17:33

COST UPS economy wellness Rugby Schools Marc Kielburger wants to live forever — and there's a multitrillion-dollar industry helping him get there

Marc Kielburger describes his old injury in aching detail. The first thing that came to mind upon hearing the sickening “pop,” he said, was a desperate hope that it had not come from his body and that the twisted mess of an ankle at the bottom of a pile of high school rugby players, circa 1994, did not belong to him.

02.01 / 17:25

markets COST UPS Experts band cover guidelines In relief to telcos, 5G radiation rules eased

telecom operators to cover more areas with fewer base stations, reducing both cost and their carbon footprint.

02.01 / 14:25

COST UPS Dreams Research Interviews If you want to sell your house, figure out what to renovate first

Subscribe to enjoy similar stories. You want to sell your home, but the kids have scuffed up the floors and chipped the paint. The kitchen could use a face-lift and the lawn has seen better days.

02.01 / 11:59

markets COST Research President performer reports Earnings growth uncertain as inflation and policy shifts weigh on corporate outlook

Earnings for companies within the S&P 500 are expected to have grown by about 9.4% in 2024, according to FactSet

02.01 / 11:17

COST Manufacturing economy show reports testing A sombre December manufacturing PMI curbs enthusiasm

Subscribe to enjoy similar stories. The pace of business activity in India’s manufacturing sector is slowing, dimming hopes for those rooting for a sharp rebound in gross domestic product (GDP) growth. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) fell to a 12-month low of 56.4 in December, slightly below November’s 56.5.

02.01 / 11:17

COST Analysis Research Verisk pandemic Trade Relationships Businesses preparing for another year of Geopolitical tumult

Subscribe to enjoy similar stories. Businesses are bracing for another year of geopolitical uncertainty, with large question marks looming over President-elect Donald Trump’s foreign policy strategy and broader global tumult, despite some executives’ optimism about the year ahead. Geopolitical concerns remain top of mind amid general global uncertainty and, in particular, a continued reordering of the U.S.-China relationship.

02.01 / 09:03

COST Merit Assurant awards reports Courts Should a chartered accountant buy professional indemnity insurance?

Subscribe to enjoy similar stories. I am a newly qualified chartered accountant. I would like to start my own practice, which would focus on audit and advisory services. Would it make sense for me to buy professional indemnity insurance? How would it help? -Name withheld on request Professional indemnity insurance is meant for professionals like you.

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