COST Financial News

As interest rates are likely to be range-bound or declining, individuals can look at target maturity funds and lock-in at higher yields. Most of these funds at present have a yield-to-maturity (YTM) of 7.3% to 7.5%, which could be a good option for those looking for steady growth on their fixed income investment.

Risks and complexities of taking a joint home loan: Taking a joint home loan with your loved ones is a significant financial commitment. While there are some benefits of taking a home loan in joint names, there are several potential risks and complexities that you should consider before making such a decision.

By Shanai Ghosh

Travelling is one of those things we all look forward to, no matter where we plan to take off. From sandy beaches and snow-covered mountains to hilly greens and bustling cities, the world is our platter, and the very act of travelling is our chance to experience at least one portion of it. However, travelling comes with its own set of uncertainties and risks. That is where travel insurance comes in. It ensures safer journeys and peace of mind.

The residential property segment in India remained unstoppable in Q3 2023, despite the usually slow monsoon quarter. According to the latest Anarock Research data, Q3 2023 saw housing sales across the top 7 cities create another new peak with approximately 1,20,280 units sold, against approximately 88,230 units in Q3 2022. Data shows that there has been a 36% annual sales growth in the residential housing segment.

In today’s world, the cost of healthcare continues to rise leaving many individuals and families grappling with hefty medical bills. For those without extensive financial or insurance literacy, navigating the complex healthcare landscape can be a daunting task. However, the digital age has ushered in a wealth of opportunities for consumers to leverage technology and online resources to make well-informed decisions and save on healthcare costs. Individuals can harness the power of health apps and online resources to seek medical advice, compare prices, reduce out-of-pocket expenses and make better choices as to their requirements.

If you are planning to take a housing loan to acquire your dream home, it is prudent to acquaint yourself with as much information about the loan as possible. Interest constitutes a substantial portion of the total repayment made by a borrower to the lender over the loan’s duration. Lenders employ the monthly reducing balance method for interest calculation on home loans.

As hundreds of homes burned in Lahaina, the only community in West Maui reserved for Hawaiians emerged almost unscathed from the wildfire that killed at least 97 people

Demand for critical minerals like nickel and cobalt is surging as climate change hastens a transition to renewable energy, boosting carbon emissions by miners and processors of such materials

Indonesian President Joko Widodo has inaugurated Southeast Asia’s first high-speed railway, which begins its commercial operations on Monday, a key project under China’s Belt and Road infrastructure initiative that will drastically cut the travel time ...

By Marc Jones

Office prices in the US are due for a crash, and the commercial real estate market faces at least another nine months of declines, according to Bloomberg’s latest Markets Live Pulse survey.

en masse from conventional cars to EVs, a huge rise in the cost of gasoline and diesel would be even more powerful than these subsidies. Saudi Arabia and Russia are rational states, not particularly prone to bouts of suicidal anxiety. Why would they constrain production enough to accelerate the dumping of petrofuels for mobility? Four, the Ukraine war, a prime driver of food and fuel inflation, is a war of choice.

MAS Financial Services, a micro, small and medium enterprises (MSME) financer, has gained 16% over the past three months compared with the 1.4% gain in the S&P BSE Financial Services index. The company has been reporting healthy growth momentum in loan assets and a stable asset quality. With a focus on direct distribution, the lender expects to double the loan book every three-four years.

world’s first climate-resilient nation by building an infrastructure capable of withstanding any category-five natural disaster. Funded by the citizenship by investment programme, the new homes, are designed with an emphasis on resilience. The houses feature walls made of reinforced concrete, roofs equipped with hurricane straps and ties to prevent wind uplift, and are strategically placed on elevated platforms to mitigate flood risks.

World Bank has maintained its forecast for China's 2023 economic growth at 5.1%, in line with its previous estimate in April, but trimmed its prediction for 2024 to 4.4% from 4.8%, citing the persistent weakness of its property sector. For East Asia and the Pacific including China, the bank slightly trimmed its 2023 gross domestic product growth forecast to 5.0% from its prior 5.1% estimate, the World Bank said in its semi-annual regional update released on Sunday. For 2024, the bank lowered its regional outlook to 4.5% growth from 4.8%, dragged down by external factors including a sluggish global economy, high interest rates and trade protectionism. «Almost 3,000 new restrictions were imposed on global trade in 2022, three times as large as those in 2019,» the World Bank said. For China, the bounce back from the reopening of the economy following three years of ultra-stringent zero-COVID policies has faded, and elevated debt and weakness in its property sector are weighing on growth, the World Bank said in the report. After months of mostly dismal data, the world's second-largest economy has started to show signs of stabilisation. China's factory activity expanded for the first time in six months in September, an official survey showed on Saturday. Initial signs of improvement had emerged in August, with factory production and retail sales growth accelerating while declines of exports and imports narrowed and deflationary pressures eased.

This under-construction project from Lodha Group’s listed company Macrotech Developers had recently witnessed the country’s most expensive apartment deal with industrialist JP Taparia’s family picking up a triplex on the 26th, 27th and 28th floor of the tower for Rs 369 crore. Mumbai, the country’s largest and most expensive real estate market, has been setting new benchmarks with property transactions. Several large-ticket record-setting transactions involving industrialists, CXOs, actors, and sports personalities have been taking place in the country's commercial capital since the last few quarters. Among Bollywood personalities, luxury residential deals including that of Amitabh Bachchan, Ranveer Singh, Hrithik Roshan, Rani Mukherjee, Kartik Aryan, Alia Bhat and Disha Patani have created the buzz in the property market, ET has reported.

₹7,000 crore at a function in Rajasthan's Chittorgarh. PM Modi said, "The development of Rajasthan is the biggest priority for the Central government", added, “Centre has focussed on development of modern infrastructure like expressways, highways and railways in Rajasthan". Elections in Rajasthan are scheduled during fall this year.

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For his manager, Barrie Chapman, the overtime he now gets is a huge boost once unheard of in the hospitality sector. Their regional manager Jen Eaton looks back in horror at the 14-hour shifts she once worked in casinos in heels with no break. Like thousands of others in lower-paid sectors of the British economy, all three have benefited from a gradual improvement in employment terms since the global pandemic and Brexit forced companies to work harder to find staff in a tight labour market. The shift follows years of warnings from unions and campaign groups that the balance of power in Britain had swung too far towards employers, leaving many lower-paid staff working unpredictable hours with poor benefits and little protection. Nick Collins, CEO of Loungers which employs Eaton, Chapman and Hughes-Davies among 8,000 staff in restaurants and bars across Britain, said expectations of employees had risen.

fossil fuels as fast as possible—that much almost everyone agrees upon. How to do so is the complicated part. Economists have long favoured putting a price on carbon, a mechanism that Europe introduced in 2005.