COST Financial News

Subscribe to enjoy similar stories. Oil and Natural Gas Corp. Ltd’s (ONGC) standalone gross crude oil realization fell about 8% year-on-year in the September quarter (Q2FY25) to $78.3 per barrel.

Indian tourists are the largest group visiting Sri Lanka, thanks to the country’s proximity—a quick 2.5-hour flight from Mumbai—and its affordability. Following the Sri Lankan rupee’s collapse in 2022, the country became one of the most budget-friendly luxury destinations.

iPhone SE 4 may allow users to experience nearly everything the flagship iPhone 16 series has to offer, but at almost half the price. With that said, a great deal of information has already been leaked, including insights from notable sources like Ming-Chi Kuo and Bloomberg’s Mark Gurman.

Subscribe to enjoy similar stories. As festivities bring families and friends together, dinner table conversations more often than not turn to children and their future. This time it was around higher education, a topic that is particularly resonant for me as a parent of a 13-year-old son.

GPU) access in India, particularly in the realm of cloud computing and artificial intelligence (AI) infrastructure, according to industry executives and experts. Neysa Velocis, Mumbai-based Neysa’s flagship platform, helps scale up AI projects using GPU infrastructure and has a diverse inventory of thousands of GPUs. Indore-based NeevCloud is a recent entrant with plans to deploy 40,000 GPUs, aiming to provide affordable and accessible GPU resources to AI researchers and developers. Bengaluru-based Jarvis Labs has access to more than 1,000 GPUs through partners and also has its own capacity in the country.

Spirit Airlines says it won’t announce its quarterly financial results on time because the company is focused on talks with bond holders to restructure its debt

Amazon has launched a low-cost online storefront featuring electronics, apparel and other products priced at under $20

Philadelphia’s mass transit system is proposing a 21.5% fare increase starting New Year’s Day and also considering severe service cuts that would take effect in the summer

Tenants searching for an apartment in New York City have long been forced to pay thousands of dollars to real estate brokers

Stalled home values, rising incomes and falling mortgage rates continue to deliver improvements in housing affordability in Canada, according to a report released Wednesday.

Black Ops 6 and Warzone Season 1 Battle Pass is set for November 14, 2024. This pass is available for Season 1.

Inflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021

The Alberta government surprised everyone last week by firing the CEO and entire board of directors of AIMCo last week, declaring the need for a “reset” at the $160-billion asset manager.

Donald Trump has tasked Elon Musk with setting up a panel to streamline the U.S. government. Although the president-elect has said little about how this group would operate, Musk has previously set an ambitious goal of cutting $2 trillion of spending. Here is how this new panel, which will be headed up by Musk, the world's richest person, and former Republican Presidential candidate Vivek Ramaswamy, might work.

First Trust Advisors chief economist Brian Wesbury reacts to Fed Chair Jerome Powell saying he won't resign if President-elect Trump asks on «Making Money.»

microfinance lenders have reduced lending rates in the past couple of months amid heightened regulatory scrutiny on the pricing policy adopted by these financiers that service the bottom of the consumer pyramid. The Reserve Bank of India (RBI) was conducting a scrutiny over the past six months or so, and that culminated into the decision to bar errant lenders from doing business from October 21 for charging «excessive» interest rate spreads over their cost of funds. Both Arohan Financial Services and Asirvad Micro Finance — the two NBFC-MFIs penalised — have submitted fresh plans to the regulator. Arohan promised to reduce rates by about 200 basis points while Asirvad said it would lower rates by around 300 bps once they are allowed to resume business, people familiar with the matter said.

Donald Trump coming back to the White House, one such big swings may be on the cards. The economic policies proposed by the US-President elect look set to help the US economy, it might spell trouble for the rest of the world, reports The Economist. Trump laid out a broad array of ideas aimed at providing tax relief, cutting prices, hiking tariffs and strengthening the economy, which ranks at the top of voters’ concerns. However, what parts of economic agenda Trump implements is still unclear, but the unsteadiness in the American stock market is enough to give us a clue what the investors expect (the S&P 500, an index of large American firms, hit successive records on November 6, 7 and 8). ALSO READ: Donald Trump is back: What it would mean for US economy and rest of the world

Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021.

Not so long ago, environmental, social and governance (ESG) jobs were all the rage in banking and finance. In the years after the pandemic, they carried a 20% pay premium and there was talk of a skills gap: in 2020, CFA Institute found that 18% of portfolio manager jobs wanted ESG skills, but that only 1.5% of portfolio managers had them. Buffing a CV with ESG seemed like a no-brainer. 

As we roll towards the allocation and payment of end of year bonuses, another bank has been cutting the sorts of people who might usually expect big ones. This time, it's Deutsche Bank.

Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy and markets