COST Financial News

12.12 / 03:15
COST Software Death Justice PAM social Courts Bengaluru techie's suicide case spurs Supreme Court to outline alimony guidelines; Here's what it said
alimony in divorce cases. In a landmark decision, a bench of Justices Vikram Nath and Prasanna V. Varale laid down eight criteria to serve as a reference point. The court highlighted that the framework should ensure fairness, stating, “It is necessary to ensure that the amount of permanent alimony should not penalise the husband but should aim at ensuring a decent standard of living for the wife.”
12.12 / 02:43
markets COST UPS economy Food Pride U.S. inflation ticks higher ahead of Fed’s interest rate decision
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.
12.12 / 02:25
COST UPS Platform Racing Trade Vroom time: Expect Big QCom to rev up India’s retail revolution
Subscribe to enjoy similar stories. Amazon is entering India’s quick commerce (QCom) race, close on the heels of pilots from Flipkart and Reliance. Tata’s Big Basket has morphed into a QCom platform.
12.12 / 01:11
markets COST Tesla Bill performer reports Japan's Nissan reshuffles management to fix its money-losing business
Embattled Japanese automaker Nissan has tapped Jeremy Papin as its chief operating officer in a major management reshuffle billed as key to a turnaround
11.12 / 19:37
COST Target economy Food show rowing Bank of Canada cuts interest rate, highlights risk of Trump's tariffs
Canada’s central bank lowered its key interest rate by half a percentage point while highlighting the risk of U.S. President-elect Donald Trump's threat of tariffs on all Canadian products
11.12 / 19:37
markets COST UPS economy Food Pride US inflation ticked up last month as some price pressures remain persistent
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated
11.12 / 19:17
markets COST economy Cycling show rowing Jumbo cuts done and dusted: What economists are saying about the Bank of Canada and interest rates
The Bank of Canada cut its benchmark lending rate by 50 basis points on Wednesday to 3.25 per cent.
11.12 / 16:13
markets COST UPS Target economy Food Here’s the inflation breakdown for November 2024 — in one chart
Consumers saw inflation pick up slightly in November, as price increases in categories like groceries, gasoline and new cars outweighed a deceleration in others like shelter during the month.
11.12 / 15:27
COST Citi Digital Fox Moodys Experts Department Mechanic shortage persists as workers age out of profession
Two Jersey City dealership owners told Fox News Digital they are not fully convinced EVs should be the only vehicle in the household.
11.12 / 15:27
COST UPS Fox economy Food show Headlines Inflation rises 2.7% in November, in line with expectations
In an exclusive interview with FOX Business Edward Lawrence, Federal Reserve Bank of San Francisco President Mary Daly talks next rate decisions, keeping the economy in a good place and potential impacts from a second Trump administration.
11.12 / 14:13
COST economy President social Department Courts Trump pledges to speed permitting for companies investing over $1 billion
Subscribe to enjoy similar stories. President-elect Donald Trump said his administration would speed the approval of big construction projects for companies that invest more than $1 billion, signaling his intention to push the limits of federal law to boost the economy. In a post on his social-media site, Truth Social, Trump said Tuesday that any person or company investing $1 billion or more in the U.S.
11.12 / 13:29
markets COST Digital Manufacturing Strategy Software awards Govt may consider addressing inverted duty structure for certain aluminium goods in Budget
inverted duty structure for certain products in sectors like aluminium in the forthcoming Budget to boost domestic manufacturing, an official said. Inverted duty structure refers to taxation of inputs at higher rates than finished products that result in the build-up of credits and cascading costs. The industry has shared a list of products. An industry official said they want a cut in import duty of raw material for the aluminium sector.
11.12 / 12:29
COST Strategy Software Highways PAM International Logistic cost in India to come down to 9 pc in 2 years: Nitin Gadkari
Nitin Gadkari on Wednesday said the logistics cost in India will come down to 9 per cent within two years. Speaking during bauma Conexpo India, the Road Transport and Highways Minister said that «presently our logistics cost is 14-16 per cent… I assure you that within two years… our logistics cost will be 9 per cent. So we will be more competitive in the international market.» In China, the logistics cost is 8 per cent and in the US and European countries it is 12 per cent, the minister said. The minister further said the automobile industry is one of the important industries that is giving maximum revenue as part of GST to the state governments and the Centre.
11.12 / 11:41
markets COST security Align Parke Cycling Where should investors park their debt funds after RBI's policy move
Subscribe to enjoy similar stories. The Reserve Bank of India’s (RBI) decision to reduce the cash reserve ratio (CRR) in its bi-monthly monetary policy marks an important first step in its policy easing cycle.
11.12 / 10:23
COST Man Trade show information Courts Court orders Emami to pay Rs 15 lakh fine for misleading ad after Delhi man doesn't turn 'Fair and Handsome'
Delhi consumer court fined Emami Ltd Rs 15 lakh for deceptive advertising of its Fair and Handsome cream. A man complained the product didn't deliver the promised skin-lightening effect despite using it as directed. He bought the cream in 2013 for Rs 79. The Central Delhi District Consumer Dispute Redressal Commission ruled against Emami on December 9. The forum stated the complainant used the cream according to the instructions: “apply on face and neck twice daily after cleansing for faster glowing fairness.” However, he saw no improvement. Emami argued the complainant didn't prove he used the cream correctly. The forum said there was no evidence to show whether his skin tone changed. The company also claimed factors like diet, exercise, and hygiene affect results. The forum pointed out these conditions weren't on the product packaging. The forum said, “Such robust conditions are not mentioned on the packaging and labelling of the product.” Emami also stated the product was meant for men aged 16-35 who aren't sick, without defining “sick” or including this information on the packaging.
11.12 / 09:11
COST UPS Citi Provident trends country reports Mini Bengalurus: Why govt wants tech hubs in Tier II, III towns
Bengaluru Rising report, released by the UnboxingBLR Foundation during the Bengaluru Tech Summit, highlighted the city’s economic growth, lifestyle advantages and global appeal. Bengaluru has positioned itself as an economic powerhouse, ranking third in company formations after Mumbai and Delhi, with over 27,000 new companies registered between 2012 and 2023. It has also added 80 million square feet of Grade A office space, generating 800,000 jobs—the highest among Indian cities. In the startup ecosystem, Bengaluru remains unmatched. On average, the city has seen 1,400 startups emerge annually over the last decade, trailing only Delhi NCR’s 2,100 yearly average. It also leads the nation in startup funding and the creation of unicorns, reinforcing its reputation as India’s entrepreneurial hub in addition to being its own Silicon Valley. But it seems Bengaluru is getting saturated with its phenomenal growth. Though it may seem nearly impossible to build another Bengaluru in India, a lot of mini Bengalurus can sprout across the country in coming years.
11.12 / 02:11
COST BLOCK Kroger Trade Courts Federal judge temporarily halts proposed $25B Kroger, Albertsons supermarket merger
The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the deal
10.12 / 22:35
markets COST Software reports ESPN Sporting Did ex-New York Jets' Mark Gastineau settle his 20-year old grudge against Brett Favre? Here's what a new ESPN documentary will reveal
Mark Gastineau, even though the field performance has long been over, his adventure and excitement around the sport has not faded away. According to reports, he would be shown confronting Brett Favre at a Chicago sports memorabilia show last year, in an upcoming ESPN documentary, that will cover the life and lies of top personalities like Gastineau, from the sport. Did Mark Gastineau carry a grudge against Brett Favre? Gastineau is reportedly angry at Favre for giving Michaeil Strahan an easy sack in the January of 2002, which reportedly cost Gastineau his single-season record in NFL. This was the fundamental of the two-decade-long grudge of Gastineau and Brett Favre, something that will visually come to the public eye after the docuseries is finally released by ESPN.
10.12 / 22:35
markets COST Digital Software reports Gold prices to climb record high in 2025?
Gold, often used as a safe store of value during times of political and financial uncertainty, tends to appreciate on expectations of lower interest rates, which reduce the opportunity cost of holding the non-yielding asset. «If the Chinese government's economic stimulus measures boost the economy, China and India could provide a solid basis for gold demand in 2025,» the company said in a report. China's central bank resumed buying gold for its reserves in November after a six-month pause, official data by the People's Bank of China (PBOC) showed on Saturday.
10.12 / 21:21
markets COST CEO Trade Experts Universities If Trump adds tariffs, ‘either way, there is a cost to consumers,’ economist says
U.S. consumers would likely see prices increase if President-elect Donald Trump follows through with a plan to levy import tariffs, experts said Tuesday during CNBC's Financial Advisor Summit.
10.12 / 20:29
COST UPS security Morningstar social reports How to bridge a retirement shortfall
If you want to get yourself thoroughly depressed, spend a little time looking at statistics about Americans’ retirement preparedness

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