COST Financial News

India hubs of multinationals that employ millions are increasingly resorting to hiring of contingent workforce, which helps them address immediate talent requirements even as they remain cautious on permanent recruitments amid a bearish global outlook. There has been a considerable increase in demand for gig employees in the global capability centres (GCCs) of MNCs in the last six months — up by 20-25% from a year earlier — as they look for a balance of cost-effectiveness, scalability, and faster access to skills, show data from staffing firm Randstad.

Institutional investors have grown tired of paying fees to hedge funds for what they see as “skill-less returns.” 

Laurentian Bank of Canada is slashing its Toronto office space by two-thirds as it leans into a hybrid work model and seeks cost savings amid a broader strategic revamp.

The Canadian economy grew at a slower-than-expected pace in the first quarter, amid rising expectations that the Bank of Canada will cut interest rates.

The number of complaints about grocery weight labelling filed to Canada’s food regulatory authority has gone up in the past three years, data shows, as frustration over the cost of living continues to run high across the country.

Merrill Lynch has agreed to pay nearly $20 million to settle a class-action lawsuit that accuses the Wall Street brokerage giant of racially discriminating against its Black financial advisers

Vermont has become the first state to enact a law requiring fossil fuel companies to pay a share of the damage caused by climate change after the state suffered catastrophic summer flooding and damage from other extreme weather

Many Americans are likely familiar with financial thresholds that are adjusted for inflation each year.

As parents we make a lot of sacrifices for our children, and this extends to potentially risking our own financial security to help them out even in adulthood.

Inflation ticked up to an annual 2.6% in Europe in May

₹776.40 and hitting a new all-time high of ₹797 per share.Adani Total Gas followed closely as the second top performer, rising 9.6% to settle at ₹1,047 per share. Other group stocks, including Adani Enterprises, Adani Green Energy, Adani Ports & Special Economic Zone, Adani Wilmar, Adani Energy Solutions, ACC, Ambuja Cements, and NDTV, also saw gains ranging from 2.5% to 9%.Also Read: India Ratings upgrades Adani Green Energy to ‘IND AA-’ with stable outlookThis rally was attributed to the positive sentiment highlighted by global brokerage firm Jefferies, which noted that the conglomerate has recovered from the losses incurred during the Hindenburg episode and is now back on an "expansion spree," planning a USD 90 billion capex over the next decade.In January last year, U.S.

A decade ago it was common to ask if younger Americans were falling out of love with plastic. The reasons offered were many: They had seen their parents deal with card debt; they didn’t care about frequent-flier miles; and they had new alternatives like buy-now-pay-later loans. One company saddled with that baggage was American Express.

Restrictions have been implemented by the Reserve Bank of India (RBI) to protect consumers from unsolicited credit cards. This law was put into effect by the RBI to safeguard you against unsolicited credit cards and the risks associated with them, such as

The Supreme Court has cleared the way for a National Rifle Association lawsuit against an ex-New York state official over claims she pressured companies to blacklist it following the 2018 Parkland, Florida, school shooting

India's space ambitions: Market forces are with us Agnikul Cosmos has just demonstrated that it is no longer a matter of playing catch-up as the Agnibaan launch vehicle is cutting-edge in terms of technology. The engine is semi-cryogenic, meaning it uses a mixture of extremely cold fuel (liquid oxygen) and normal-temperature fuel (kerosene or aviation turbine fuel). Semi-cryogenic rocket engines are even trickier than fully cryogenic ones, which use a mix of very cold fuels.

health insurance policies, premiums for health insurance policies may see a significant jump in the near future. It is worth noting that the Insurance Regulatory and Development Authority of India (IRDAI) removed the age bar recently to buy health insurance. This means individuals can buy new health insurance even after 65 years of age.

India's space ambitions: Market forces are with us Agnikul Cosmos has just demonstrated that it is no longer a matter of playing catch-up as the Agnibaan launch vehicle is cutting-edge in terms of technology. The engine is semi-cryogenic, meaning it uses a mixture of extremely cold fuel (liquid oxygen) and normal-temperature fuel (kerosene or aviation turbine fuel). Semi-cryogenic rocket engines are even trickier than fully cryogenic ones, which use a mix of very cold fuels.

inorganic expansions. According to rating agency ICRA, while organic growth is expected to continue in the medium term, cement companies are also preferring the inorganic route (either through acquisitions or through mergers) leading to consolidation in the industry. The market shares of the top five cement companies increased to 54 per cent as of December 2023 from 45 per cent as of March 2015 and is expected to further grow to 55 per cent as of March 2025.

Royal Bank of Canada (RBC), the country’s No.1 bank, on Thursday surpassed analysts’ expectations for quarterly profit, driven by strength in its capital market business and its core personal banking segment.

InCred Wealth, emphasises the inevitable volatility around election results. He notes, "The market will be volatile, and we could see sharp moves on either side based on the election result outcome.

The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring of 2022, the government said in a downgrade from its previous estimate