COST Financial News
25.03 / 02:15
25.03 / 02:15
COST
Gap
pandemic
reports
Discrimination
Plastic pitch: Issuers of credit cards must reshape them for their basic purpose
Subscribe to enjoy similar stories. A yawning gap has been reported between bad loans on credit cards issued by public-sector and private banks. Given the difficulty with which the dud-loan burden of lenders in India—particularly state-run ones—was brought under control in recent years, this must not escape notice.
25.03 / 01:01
markets
COST
Platform
security
Trade
electronic
Brokers knock on RBI door for clarity on g-sec retail trading
The Reserve Bank of India (RBI) had announced access to the Negotiated Dealing System-Order Matching (NDS-OM) platform for non-bank brokers with an aim to boost retail participation in the trading of government securities during its February monetary policy.
24.03 / 20:19
COST
Racing
Election
President
show
country
reports
Canada Elections 2025 on April 28: Who will win and take on Donald Trump; Mark Carney or Pierre Poilievre? Here's what the latest poll says
Mark Carney and Conservative leader Pierre Poilievre, as per reports. A new poll finds who might win to tackle issues the country is facing with the US president Donald Trump.
24.03 / 17:05
COST
UPS
country
Department
Updates
H-1B visa 2025 registration closes: When will applications reopen? Here's key dates, next steps, and what to expect in March 2026
H-1B visa registration period for FY 2025 officially ended on March 24, 2025, following a 14-day window that began on March 7, 2025. The US Citizenship and Immigration Services (USCIS) will notify selected applicants by March 31, 2025, allowing successful candidates 90 days to file their H-1B petitions.
24.03 / 13:45
COST
UPS
Citizens
Mobile
economy
Türkiye on the brink as economic collapse looks imminent, will Recep Tayyip Erdoğan survive the political turmoil?
Recep Tayyip Erdoğan, already under pressure due to increasing authoritarian measures, now faces mass boycotts involving more than 50 million people. The question is no longer whether a crisis is coming—but how fast it will hit.
24.03 / 12:55
COST
Election
Healthcare
country
medicines
Videos
Rs 51,000 vs Rs 1,500 per doctor visit. American woman compares USA vs India healthcare and her verdict will surprise you
India for a long time, often shares her observations on cultural differences between the two countries. In a recent video, she compared the healthcare systems of India and the USA, highlighting key differences in wait times, costs, and accessibility—points that many viewers agreed with. She began by discussing the waiting period for medical services. In the USA, an appointment with a general physician typically takes 2 to 4 weeks, whereas in India, walk-in consultations are available the same day. Specialist consultations in the USA require a wait of 1 to 3 months, while in India, they can usually be scheduled within a week. Elective surgeries, which take 3 to 6 months in the USA, are completed within 1 to 4 weeks in India. She also addressed the stark contrast in costs. In India, a doctor’s visit costs between $7 and $17 (approximately ₹600 to ₹1,500), whereas in the USA, it ranges from $150 to $600 (₹13,000 to ₹51,000). The cost of a one-night hospital stay is about $3,000 (₹2.56 lakh) in the USA, while in India, it is under $80 (₹7,000). Medical insurance in the USA costs between ₹68,000 and ₹1.28 lakh per month, compared to India, where it ranges from ₹2,000 to ₹5,000.
24.03 / 12:55
markets
COST
Provident
Food
Trade
Universities
reports
Will the Mounjaro weight-loss drug reshape the Indian stock markets? Nithin Kamath says ‘people will trade less’
Eli Lilly has launched Mounjaro (tirzepatide) in India, a drug hailed for its ability to manage diabetes and trigger dramatic weight loss. Originally designed for type 2 diabetes, its secondary benefit—helping users shed up to 20% of their body weight—has turned it into a global phenomenon. But while the buzz is strong, the drug comes with a steep price tag: ₹3,500 for a 2.5 mg vial and ₹4,375 for 5 mg, making long-term use an expensive commitment.
24.03 / 09:55
COST
social
SOHO delivers first set of results under Atrato's management
SOHO replaced its former investment manager in September last year following months of review into its management structures to assess whether it was delivering the most value for clients. Triple Point Social Housing REIT to replace manager with Atrato Atrato's arrival ushered in a new fee structure aimed at reducing shareholder costs and in the 2024 results for the year end 31 December, SOHO's chair said the board has asked it to conduct a «thorough» line-by-line review of the group's cost base to ensure that SOHO is «getting best value for money from all of its s...
24.03 / 07:31
markets
COST
UPS
Citi
Manufacturing
Food
Trade
Fast and furious: Early-stage startups tweak supply chain operations as they shift to quick commerce lane
Subscribe to enjoy similar stories. Bengaluru: Early-stage startups are tweaking their supply chain operations and rushing to tie up with companies including Blinkit, Zepto and Instamart to make quick commerce their primary distribution channel and accelerate sales, according to company executives and investors.
24.03 / 07:31
COST
FIVE
Yellow
wellness
Bill
Trade
International
Ajit Ranade: Hedge sovereign gold bonds but do not discontinue them
Subscribe to enjoy similar stories. Sovereign Gold Bonds (SGBs) were introduced nine years ago. These were launched to give investors an opportunity to invest in the much-loved yellow metal in dematerialized form.
24.03 / 06:05
COST
NVIDIA
Healthcare
trends
Experts
reports
Alibaba-affiliate Ant combines Chinese and U.S. chips to slash AI development costs
BEIJING — Alibaba-affiliate Ant Group is using both Chinese and U.S.-made semiconductors for building more efficient artificial intelligence models, according to a source familiar with the matter.
24.03 / 05:33
COST
Reuters
Manufacturing
Compilation
Trade
show
International
India's business growth dipped in March due to weaker services demand, PMI shows
manufacturing expansion failed to offset a slowdown in the services sector, a private survey showed on Monday. HSBC's flash India Composite Purchasing Managers' Index, compiled by S&P Global, slipped to 58.6 in March from February's final reading of 58.8, lower than a Reuters poll's median prediction of 59.0. The 50-mark divides growth from contraction. The manufacturing PMI index increased to 57.6 from 56.3, remaining in the expansion territory for more than three-and-a-half years. But the dominant-services sector's PMI index fell to 57.7 from 59.0 in February, contributing to the fall in the overall index.
24.03 / 04:13
markets
COST
Waves
Manufacturing
Opinion
Trade
performer
Voltas rides the summer wave. But is the stock still a cool bet?
Subscribe to enjoy similar stories. Consumer durable stocks, especially those dealing in cooling products, tend to rise ahead of summer, driven by expectations of stronger sales. This time, too, the early onset of summer and forecasts of above-average temperatures and heat waves make it even more special.
24.03 / 03:53
markets
COST
Target
Platform
Enterprise
recommendations
Ola Electric shares in focus as S1 Gen 3 scooter deliveries begin
Ola Electric's extensive store network and direct-to-home services. The S1 X Gen 3 is available in four variants, including the S1 X+ (4kWh) and S1 X (4kWh, 3kWh, and 2kWh). Compared to Gen 2, the Gen 3 platform delivers 20% more peak power, an 11% cost reduction, and a 20% increase in range, the company added.
24.03 / 03:53
COST
Google
Platform
NVIDIA
Experts
information
Jack Ma-backed Ant touts AI breakthrough built on Chinese chips
AI models that would cut costs by 20%, according to people familiar with the matter. Ant used domestic chips, including from affiliate Alibaba and Huawei Technologies, to train models using the so-called Mixture of Experts machine learning approach, the people said. It got results similar to those from Nvidia Corp. chips like the H800, they said, asking not to be named as the information isn’t public. Ant is still using Nvidia for AI development but is now relying mostly on alternatives including from Advanced Micro Devices Inc. and Chinese chips for its latest models, one of the people said. The models mark Ant’s entry into a race between Chinese and US companies that’s accelerated since DeepSeek demonstrated how capable models can be trained for far less than the billions invested by OpenAI and Alphabet Inc.’s Google. It underscores how Chinese companies are trying to use local alternatives to the most advanced Nvidia semiconductors. While not the most advanced, the H800 is a relatively powerful processor and currently barred by the US from China.
24.03 / 01:47
markets
COST
Citizens
Maxim
wellness
Mint Quick Edit | Cost of onions: Go for core reforms
Subscribe to enjoy similar stories. The government over the weekend withdrew its 20% duty on onion exports. This relieves Indian farmers, who have often run into export constraints just as prices have risen to let them reap rewards.
24.03 / 01:43
markets
COST
security
Analysis
Bill
reports
International
Which companies will benefit from fall in oil prices and which firms will be hit? Here’s the analysis
Oil prices came under pressure due to oversupply concerns after OPEC+ (a group of oil-producing nations) decided to roll back production cuts in its 3 March 2025 meeting. The oil group had cut 2.2 mbpd (million barrels per day) of oil production in November 2023 but has now decided to release such output over April 2025 and September 2026.
24.03 / 01:09
COST
UPS
Racing
performer
country
Fractal Analytics pitches for India’s first large reasoning model
Fractal Analytics, a Mumbai-based artificial intelligence company, has proposed to build India’s first large reasoning model (LRM) at a total project cost of Rs 118.8 crore. In a proposal to the IndiaAI Mission, Fractal has sought an external funding of Rs 76.6 crore from the government for the initiative. The proposed LRM series will include a small model (2-7 billion parameters), medium model (20-32 billion parameters) and a large state-of-the-art model (70 billion parameters) with up to 1 trillion training tokens.
24.03 / 01:09
COST
UPS
Research
Department
patient
Heartening news: Device made in India to help transplant patients
left ventricular assist devices (LVADs), which help the heart pump blood, people familiar with the matter told ET. This will help patients with end-stage heart failure as they wait for a donor heart. According to government estimates, every year, some 50,000 patients in India need a heart transplant, but only about 200 such operations are done because of shortage of donor hearts. The average wait time for a heart transplant is about 36 months. Also, an imported LVAD could cost anywhere between ₹70 lakh and ₹1 crore. Surgery and post-treatment care are added expenses.
24.03 / 00:31
COST
UPS
FIVE
Aware
country
reports
RoCs step up compliance drive; basic company law breaches common among small businesses
Subscribe to enjoy similar stories. New Delhi: Registrars of Companies (RoCs) across the country have stepped up their compliance enforcement drive, with the largest number of penalty orders in the last five years getting issued in fiscal year 2025 (FY25), according to official data available from the ministry of corporate affairs.
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