COST Financial News

Alberta Premier Danielle Smith did not mince words over Ottawa’s new greenhouse gas emissions cap announced Monday.

The financial market believes the Bank of Canada will cut its policy rate to 2.75 per cent by June 2025, before holding it there for the remainder of 2025 and into 2026, according to a survey released by the central bank on Monday.

In a surprising turn of events, Statistics Canada data showed older households took on more mortgage debt in the second quarter of the year, compared with the same period last year.

Canada in some ways is a tale of two economies.

Rep. Dan Meuser, R-Pa., discusses whether Kamala Harris is having a problem connecting with Pennsylvania voters on «Varney & Co.»

It’s one of the most under-publicized policies of some of the biggest U.S. retailers: sometimes they give customers full refunds and let them keep unwanted items too

Subscribe to enjoy similar stories. Mumbai: Delhi resident Harsha Singh, 31, often visits her family in the city of Mughalsarai, Uttar Pradesh, near Varanasi. That gives her an opportunity to visit Anand Netralaya, a standalone, single-specialty eye hospital.

Spinny managed to significantly narrow its net loss during FY24 to Rs 590 crore from Rs 820 crore in the previous year as it undertook rationalisation measures in a year that saw dwindling growth for the pre-owned vehicle sales industry. The Tiger Global-backed company reported a 14% year-on-year increase in operating revenue to Rs 3,275 crore for FY24, according to its financial documents sourced from Tofler. In FY23, Spinny had changed the way it recognised its revenue – calculating cash-and-carry sales in its revenue accounting instead of only commissions earned on sales through the marketplace. That had resulted in its topline jumping to Rs 3,262 crore in FY23, compared to Rs 109 crore in FY22.

Subscribe to enjoy similar stories. When Priti Jain and Arihant Baid set their sights on Iceland—a land of dramatic landscapes, glacier lagoons, and the enchanting Aurora Borealis—they knew they’d face one of the world’s highest travel price tags. Ranked as the second most expensive country in the cost-of-living index, Iceland offers beauty at a premium.

Your valuables with the bank are 100 times secured of your annual locker rent. Benefits of nomination, Survivorship Clause

Subscribe to enjoy similar stories. Undiagnosed cognitive decline can cost seniors tens of thousands of dollars in retirement savings through bad investments or financial scams, according to new research.

DMK, Tamil Nadu Chief Minister MK Stalin stated on Monday that his party has performed well over the past four years and does not find it necessary to address such trivial matters. Actor-politician Vijay's party Tamilaga Vettri Kazhagam (TVK) on Sunday held its executive and district secretaries meeting and passed resolutions condemning BJP-led Union Government and the DMK-led State Government over various issues. 26 resolutions were passed in the meeting. They include those condemning the Centre's proposal for a 'One Nation One Election' and the DMK government's «poor» handling of law and order and state finances. Tamil Nadu Chief Minister and DMK President M K Stalin in an insinuation on actor Vijay's new party Tamilaga Vetri Kazhagam mentioned whoever starts new party says DMK should be destroyed but they are worried of those things.

Subscribe to enjoy similar stories. As the rich world ages and faces chronic labour shortages, even as productivity slows, the silver generation—those over the age of 50 years—can be a valuable demographic group. Not only to overcome these challenges, but also transform the way society functions.

Subscribe to enjoy similar stories. Bank Nifty’s struggle to keep up with broader market gains has left many investors resigned, adopting a fatalistic Que sera, sera (whatever will be, will be) approach to equities. Nowhere is this sentiment more palpable than with HDFC Bank, Bank Nifty’s largest constituent, which has delivered a mere 2% return year-to-date—a figure that has frustrated the shareholders of the country’s largest private lender.

Subscribe to enjoy similar stories. Wedding planners and venues in India are gearing up for a vital peak wedding season that runs from November to March. This follows a slow first half of the year, which saw just a handful of dates between April and July.

Real estate developers across the country have approached the government, raising concerns over a recent National Green Tribunal ruling that requires them to secure environmental clearances for projects from central authorities as against state agencies, saying the shift will delay projects and drive up operational costs. Until now, the State Environment Impact Assessment Authority (SEIAA) used to grant environmental clearances to real estate projects. This system allowed local authorities, familiar with the regional geography and specific regulations—since land is a state subject—to efficiently approve projects tailored to the area's needs. But an NGT judgment in August unilaterally reversed this situation and directed the ministry of environment & forest (MOEF) to get all real estate projects appraised by the Sectoral Expert Appraisal Committee (SEAC) at the centre.

Amid concerns over overleveraging of microfinance borrowers at the industry level, Ujjivan Small Finance has started chasing the next aspiration—a universal banking licence. For the first time ever, the bank has said in no uncertain terms that it would apply for the licence no later than March 2025. In his first ever media interaction after taking the driver’s seat, managing director Sanjeev Nautiyal discussed with ET's Atmadip Ray the business decisions that are taking shape at the bank's headquarters in Bengaluru. Executive director Carol Furtado also joined the conversation. Here is an edited excerpt: Q. Ujjivan is one of the just two small finance banks eligible to apply for universal banking licence at this point of time. AU has already thrown the hat in the ring. What is Ujjivan up to? Sanjeev Nautiyal: We are working on a plan and within this financial year, we see ourselves in a very good position to make an application to the Reserve Bank of India. Has the Ujjivan board approved it? Sanjeev Nautiyal: The board is agreeable to the fact that we should apply. We are building a strategy based on the guidance provided by the board.

Ethiopia this year became the first country in the world to ban the importation of non-electric private vehicles

Subscribe to enjoy similar stories. New Delhi: The Union government may extend deadline for submission of bids for projects under the viability gap funding (VGF) scheme for coal gasification. Two people in the know of the development said that some companies have sought extension of the deadline beyond 11 November, the last date for submission as of now.

Subscribe to enjoy similar stories. ZURICH—Sneaker brand On first grabbed attention with a sole full of holes. Now it is betting on a shoe that is made with a spray and feels more like a sock.

Subscribe to enjoy similar stories. The four-year-long Galwan phase of India-China relations has come to an end. The two countries struck an agreement last week to disengage militarily and resolve “the issues in these areas." If the deal is implemented seriously, it could be the first step of a slow and wary movement towards better ties in the next phase of the relationship.