COST Financial News

Boeing has a tentative agreement with its largest union on a new contract for factory workers that could avoid a threatened strike

₹5,800 crore, it accounted for 14% of its funding mix. The company’s executives anticipate an even higher accretion this year. This is despite SFL not actively soliciting deposits.

shorturl.at/8Ze9p) has pointed out that during the 2024 Lok Sabha polls, the BJP’s share of postal ballots in these four states had reduced from its 2019 level, providing some indication of displeasure with the pension system. Postal ballots are mostly cast by senior citizens, persons with disabilities, government officials either on poll duty or serving in locations removed from their constituencies, consular staff in overseas locations and defence personnel. The sharp reduction in the share of postal ballots must have given the BJP think-tank a reason to pause and reconsider its considered stand on pension.

iPhone 16 series, a blast from the past has captured the internet’s attention. A rare 1996 Apple Macintosh advertisement featuring Bollywood actor Samir Soni has resurfaced online and quickly gone viral, sparking a wave of nostalgia among tech enthusiasts and fans of vintage advertising.

₹4.57 crore) investment is required to be eligible for Golden Visa. “Golden Visas are valid for 10 years and can be renewed thereafter. Once the requirements have been fulfilled, pending initial approval of the application, the successful applicant receives a six-month multiple-entry visa and travels to the UAE (United Arab Emirates) to apply for an ID card and undergo a medical check," explained Rohit Bhardwaj, country head – India and director private clients at Henley & Partners.

Congress on Sunday said the SEBI investigation into «the Adani Group's brazen attempt» to bypass regulations is still languishing and the capital markets regulator has a lot to explain. Congress general secretary in-charge communications Jairam Ramesh's remarks attacking SEBI came after a media report which claimed that two Mauritius-based foreign portfolio investors (FPIs), who were mentioned in the January 2023 report on the Adani Group by short-seller Hindenburg Research, have petitioned the Securities Appellate Tribunal, seeking urgent relief from complying with SEBI's new foreign investor norms. «Two Mauritius-based foreign portfolio investors (FPIs), a part of the revelations in the still-unfolding Modani mega scam, have now petitioned the Securities Appellate Tribunal, seeking urgent relief from complying with SEBI's new foreign investor norms before the upcoming September 9th deadline,» Ramesh said. Both the FPIs are alleged to be violating rules that require investors to not be over-invested in a single stock, he said.

student who was barred from boarding a Toronto-bound flight due to a visa-related issue. The incident, which involved stoppages in Munich and Frankfurt, Germany, highlighted the airline's failure to inform the passenger about the requirement of a transit Schengen visa. The case centered on Maharshi Yadav, a resident of Gandhinagar, who was traveling to Canada for further studies. Yadav, who held a valid student visa for Canada, had booked a flight from Mumbai to Toronto for April 13, 2022. The flight included layovers in Munich and Frankfurt, both in Germany. However, during check-in at Mumbai airport, the airline staff informed Yadav that he required a transit Schengen visa for the layovers, which he did not possess. Consequently, he was denied boarding. Pressed for time, Yadav cancelled the original ticket and booked an alternative flight with Emirates Airlines, costing him Rs 1.70 lakh, to reach Canada the next day. Subsequently, Yadav, through his mother and legal counsel Sunil Chhabaria, filed a complaint with the Consumer Dispute Redressal Commission in Gandhinagar, alleging a deficiency in service on the part of the airline. The complaint argued that the airline had failed to notify Yadav in advance about the necessity of a transit Schengen visa for his journey.

cost of electric vehicles, will be issued by the ministry of heavy industries, the nodal ministry for the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme. These certificates will feature the Government of India’s logo, the subsidy amount, and a QR code linking to information about the FAME scheme and the customer's role in reducing the country's carbon emissions, two people with direct knowledge of the plans told Mint on condition of anonymity. “Many customers don’t realize how much of the discount (on their EV purchase) comes directly from the government," one of the persons cited above said.

Volkswagen is considering closing some factories in its home country for the first time in the German automaker’s 87-year history

Anil Agarwal has said. The proposed demerger will create independent companies housing aluminium, oil and gas, power, steel and ferrous materials, and base metals businesses. The existing zinc and new incubated businesses will remain under Vedanta Ltd. «Our expansionary moves are aligned with our business model transformation. The upcoming demerger of our diverse verticals that represent more than 15 commodities, will see us progress from being asset managers to asset owners,» Agarwal said in a latest report. As the company passes through the transition phase, Vedanta is focusing on consolidating and strengthening its asset base to emerge as world leaders in each of its verticals, the Chairman said.

childcare more affordable has sparked significant controversy, raising concerns about his grasp of critical policy issues. The question, posed by Reshma Saujani, an Indian-American entrepreneur and founder of Girls Who Code, aimed to understand what specific legislation Trump would support to reduce the burden of childcare costs on American families. In response, Trump launched into a 360-word answer that veered off-topic, discussing issues such as foreign taxation, economic deficits, and his broader vision for the country, rather than directly addressing the childcare question. The rambling nature of his response led to widespread criticism, with commentators and analysts highlighting the incoherence and lack of focus in his remarks. Some analysts even ran Trump’s response through artificial intelligence programs to gauge its coherence. When asked if the speaker could be considered for a job based on the answer, ChatGPT, an AI program, remarked, «Based on this answer, I would have concerns about hiring this person… This answer might suggest difficulties in articulating and implementing ideas effectively, which could be a red flag depending on the job requirements.»

Navdeep Singh made history by winning gold in a surprising twist at the Paris Paralympics. Originally awarded silver in the men's javelin throw F41 final, his medal was upgraded after Iran’s Beit Sayah Sadegh was disqualified due to unsporting behaviour. This victory is monumental, marking India’s first-ever gold in the F41 category of the event.

Estonia, Latvia and Lithuania say they are committed to completing by the end of the decade a financially troubled and badly delayed high-speed rail project integrating the three Baltic countries with the continental European rail network

Stellantis is recalling nearly 1.5 million Ram pickups worldwide to fix a software problem that can disable the electronic stability control

Some long-unaffordable pockets of Canada’s housing market could open up to first-time homebuyers this fall as interest rates decline but experts expect prices will hold relatively flat.

MARATHON, Greece — In the blackened remains of his workshop, sculptor Vangelis Ilias stacks what little is left of years of his efforts.

At Oscar de la Renta, fashion shows are out and documentary films are in. After decades of runway shows in New York, the brand is trying something new. In August, the brand released a documentary, “A Sense of Beauty," following co-creative directors Laura Kim and Fernando Garcia as they complete their pre-fall 2024 collection.

Pakistan Army Chief General Asim Munir accepted that it was involved in the 1999 Kargil War on Saturday, reported Pakistani news channel G News Network. Lt Gen (retd) Shahid Aziz, Musharraf, Nawaz Sharif had accepted involvement, but not when they were in office. Munir was speaking at an event on the occasion of Pakistan Army Day. He said that the Pakistani army had given tough fight to its enemies over the years. «Be it 1948, 1965, 1971 or 1999 Kargil Pakistan-India wars, thousands of Shuhadas have sacrificed their life for the country and nation,» he said, adding that sacrifices continued even today. Munir said that the Pakistani army was brave and knew the importance and the cost of independence

foreign exchange reserves of USD 680 billion, India has come a long a way since the time it had to pledge its gold to tide over a financial crisis, Vice-President Jagdeep Dhankhar said on Saturday. Dhankhar was speaking during the inauguration programme of Uttar Pradesh Sainik School in Gorakhpur. «Today's India presents a completely different picture than what was 10 years ago. There was a time when the same country, which was referred to as 'sone ki chidiya', had to pledge its gold in foreign banks. Back then, our foreign exchange was between USD 1 billion and USD 2 billion. Today, it is USD 680 billion. Look at the kind of progress we have made since,» he said. India's foreign exchange reserves jumped by USD 2.299 billion to a new high of USD 683.987 billion for the week ended on August 30.