COST Financial News
05.04 / 15:21
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From vegetables, smartphones, your wallet to jobs, all things that are under Donald Trump's Tariffs impact
Donald Trump has unveiled his latest tariffs, and they could have significant implications for your wallet, as per a report. President Trump's sweeping new tariffs, on top of previous levies and retaliation worldwide, are expected to increase prices for everyday items. The trade wars have already roiled financial markets and plunged businesses into uncertainty — all while economists warn of potentially weakened economic growth and heightened inequality, AP reported. Which impacts will be felt by consumers and workers first? And what can households do in the face of so much uncertainty? Here's what you need to know: Which consumer goods will be affected? The tariffs announced by Trump Wednesday, on top of other levies that are already in effect, tax imports from nearly all of America's trading partners. And U.S. shoppers currently rely on a lot of goods made abroad, as per a report.
05.04 / 08:39
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Strategy
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information
How to include REITs in your investment portfolio for stability
Real Estate Investment Trusts (REITs) are becoming an essential part of diversified investment strategies in today's fast-changing financial landscape. As the property market evolves, REITs offer a way to benefit from real estate returns without the hassle of direct property ownership. The appeal of REITs lies in the stability and growth of the Indian real estate sector. REITs have delivered competitive returns, with consistent rental yields and potential for capital appreciation. Collectively, these REITs distributed ₹4,259 crores in the first nine months of FY25, marking a 15% YoY growth from ₹3,706 crores in 9M FY24 (Source: Indian REITs Association Data). This makes them a compelling choice, positioned between traditional fixed-income investments and full equity exposure, offering portfolio balance to investors.
05.04 / 08:39
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Citi
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Software
social
₹1.8 crore a year and still in debt? Bengaluru engineer’s viral budget sparks outrage
Posting on LinkedIn, a user identified as Aas Vora Jain described how, even with a take-home pay of ₹8.3 lakh a month, he ends up in a monthly deficit of ₹57,000. His claim instantly set off a flurry of reactions across social media, with some sympathising and many more ridiculing what they saw as an exaggerated account of luxury gone wrong. “I make ₹1.8 crore per year in Bangalore as a principal software engineer, and it's utterly unlivable,” Jain wrote. “Let's break it down. After taxes, my take-home is approximately ₹1 crore or ₹8.3 lakh/month.”
05.04 / 08:39
05.04 / 07:03
markets
COST
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Extreme
Cycling
How SIP has been the strong hero across historical market cycles
Kotak Mahindra AMC Markets have taken a sharp downturn, sparking fear and uncertainty among investors. The sentiment has shifted from euphoria to caution, with many questioning whether to stay invested or wait for further declines. Historically, such corrections have been moments of panic for some—but golden opportunities for those who remain disciplined.
05.04 / 07:03
05.04 / 06:25
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US consumers rush to buy big-ticket items before Trump's tariffs kick in
Trump announced expansive new import tariffs Wednesday, including a 32% tax on imports from Taiwan. That same day, Gutierrez ordered the laptop, with a base price of $2,400, from a retailer in New York specializing in photo and video gear. «I thought I'd bite the bullet, buy it now, and then that way I'll have the latest technology on my laptop and don't have to worry about the tariffs,» he said. Gutierrez was among the U.S. consumers rushing to buy big-ticket items before the tariffs take effect. Economists say the tariffs are expected to increase prices for everyday items, warning of potentially weakened U.S. economic growth. The White House hopes the tariffs prod countries to open their economies to more American exports, leading to negotiations that could reduce tariffs, or that companies increase their production in the U.S. to avoid higher import taxes. Rob Blackwell and his wife needed a new car that could handle long drives from Arlington, Virginia, to their son's college. Their current electric vehicle is older with a limited range, and it will soon be used by his daughter, who is on the verge of getting her driver's license.
05.04 / 05:45
markets
COST
UPS
Manufacturing
War
rights
Trump tariff hunt eyes India's last stock market refuge but it won't be an easy kill
Donald Trump’s tariff tantrums on April 2, are now nursing their wounds. The Nifty Pharma index tumbled 4% on Friday, slamming the brakes on a relief rally that lasted less than 24 hours. Investors who had rushed into stocks like Laurus Labs, Aurobindo Pharma, Lupin, Biocon, Gland Pharma and Cipla watched them fall between 5% and 7% in a single session. The shock came courtesy of Trump’s chilling declaration: Pharma tariffs are “going to be starting to come in… at a level that you haven't really seen before.” The announcement, he said, is “under review right now” and will be made “in the near future.”
05.04 / 04:47
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Manufacturing
wellness
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When electric scooters beat the Bullet, it’s a sign of things to come
Subscribe to enjoy similar stories. Royal Enfield, maker of the iconic Bullet motorcycles, needed 15 years to grow its share of India’s two-wheeler market from negligible to 5%. Electric two-wheeler makers in India achieved that in 4 years.
05.04 / 04:11
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Apple
economy
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What lies ahead for the US economy? Brexit offers clues
Subscribe to enjoy similar stories. The stock market has its worst day in years. Ominously, the currency also falls.
05.04 / 02:37
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Provident
Booking
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awards
consequences
How bad loans ruined India’s banking system
Subscribe to enjoy similar stories. Financial crises come in all shapes and sizes—and occasionally as part of rescue packages. The International Monetary Fund’s austerity package after the 1997 Asian foreign exchange crisis sent many South-East Asian nations reeling, giving rise to multiple unintended consequences.
04.04 / 23:01
markets
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UPS
JPMorgan
Research
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reports
Tariff Effect: Will US face recession this year? JPMorgan has the answer to this question. Read on to find out
JPMorgan has raised its estimate of a US recession occurring before the end of the year. The bank now sees a 60% probability, up from its previous 40% estimate. The increase follows President Donald Trump’s announcement of new tariffs. These tariffs impact global markets and business conditions.
04.04 / 23:01
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Provident
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Death
Research
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patient
Study highlights 'catastrophic costs' incurred by tuberculosis patients worldwide
University of Ottawa, said that patients incurring catastrophic costs are two to four times more likely to experience treatment failure. Therefore, mitigating treatment costs will not only benefit individuals, but also health systems and communities at large, they said. Tuberculosis is a bacterial disease that spreads through the air when an infected person coughs or sneezes. Symptoms include a persistent cough, chest pain, fever, fatigue, among others. Findings, published in the journal PLOS Global Public Health, also showed that costs were consistently higher among patients having drug resistant tuberculosis and those identified through 'passive case finding'. The researchers suggested that actively finding cases, along with improving access to tests for drug resistant tuberculosis, may help mitigate the burden of out-of-pocket expenditures incurred by patients.
04.04 / 14:35
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Tariff Wars Are Often Short. Their Legacies Aren’t.
Subscribe to enjoy similar stories. President Trump’s start-and-stop expansion of tariffs on trading partners has no analog in modern history. President George W.
04.04 / 13:03
04.04 / 11:27
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Trump dives into political unknown with tariff plan
Subscribe to enjoy similar stories. WASHINGTON—President Trump promised a new American golden age. But the immediate fallout from his expansive tariffs has been a shuddering stock market and rising fears of a recession.
04.04 / 11:25
04.04 / 11:15
COST
Provident
Highways
cover
information
travelers
Cabinet approves four railway multitracking projects worth Rs 18,658 crore
Cabinet Committee on Economic Affairs (CCEA) approved four multitracking projects worth Rs 18,658 crore this week. Addressing journalists on Friday, Union Railways, Information Broadcasting, and Information Technology Minister, Ashwini Vaishnaw said these initiatives will improve travel convenience, reduce logistic cost, decrease oil imports, and contribute to lower CO2 emissions. In another decision, the cabinet approved the second Vibrant Villages Programme (VVP-II) for improving infrastructure at bordering inhabited areas. The four multitracking projects cover 15 districts across Maharashtra, Odisha, and Chhattisgarh, increasing the existing network of Indian Railways by about 1247 kilometres (kms). They are expected to be complete by 2030-31. Vaishnaw said these new projects will operate similar to freight corridors. The projects aim to enhance logistical efficiency by increasing the line capacity along the key routes for coal, iron ore, and other minerals. Responding to a query on whether these new lines will be dedicated solely for freight operations, Vaishnaw said, “Networks work best when they are integrated, whether railway, highway, or telecom.” The capacity augmentation works will result in additional freight traffic of magnitude 88.77 MTPA (Million Tonnes Per Annum).
04.04 / 11:15
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Courts
rights
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BJP leader Shazia Ilmi fined by Delhi HC for 'supressing facts' in case against journalist Rajdeep Sardesai
Delhi High Court on Friday imposed a fine of Rs 25,000 on BJP leader Shazia Ilmi for suppressing crucial facts in her defamation case against India Today journalist Rajdeep Sardesai. The court found that Ilmi had willfully withheld two tweets that were part of the same conversation thread related to the incident in question, which led to the imposition of the penalty, reported Bar and Bench. The Delhi High Court bench, led by Justice Manmeet Pritam Singh Arora, while partly allowing an application moved by Ilmi for interim relief, directed her to pay the Rs 25,000 cost to the Delhi High Court Bar Clerks’ Association within three weeks. The High Court emphasised that the suppression of these tweets, which were part of the ongoing discussion, was significant in determining the outcome of the case. «Since the plaintiff had willfully suppressed two (2) tweets which formed part of the same conversation thread of which the impugned quote tweet was part of and therefore, the plaintiff is saddled with the cost of Rs. 25,000/- payable to Delhi High Court Bar Clerks’ Association, through the secretary within a period of three (3) weeks,» the court stated in its ruling.
04.04 / 11:15
COST
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security
Apple
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Features
A $2,300 Apple iPhone? Donald Trump tariffs could make that happen
US President Donald Trump imposed a series of sweeping tariffs on countries around the world that could drastically alter the landscape of global trade, and consumer goods like iPhones could be among the hardest hit, analysts said on Thursday, with increases of 30% to 40% if the company were to pass on the cost to consumers. Most iPhones are still made in China, which was hit with a 54% tariff. If those levies persist, Apple has a tough choice: absorb the extra expense or pass it on to customers.
04.04 / 10:49
COST
Target
Research
Everest
country
electronic
Trump tariffs could stymie Big Tech's US data center spending spree
artificial intelligence infrastructure in the country, likely undermining a key goal of the administration, analysts said on Thursday. Trump and technology executives have touted lofty plans by Oracle, SoftBank and others to invest heavily in artificial intelligence since his return to the White House earlier this year. On Wednesday, Trump slapped steep duties on leading technology equipment suppliers including 34% on China, 32% on Taiwan and 25% on South Korea while imposing a 10% baseline tariff on all imports to the U.S.
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