COST Financial News

The aggressive pace of interest-rate hikes is hitting mortgage books at Canada’s biggest banks, leading to slowing loan growth, longer amortization periods and a rise in impairments.

By Diwakar Chandiok

Investing.com -- The U.S. economy added more jobs than projected in August, while wage gains slowed and the unemployment rate unexpectedly ticked higher, complicating the case for the Federal Reserve to keep borrowing costs on hold at its next policy meeting.

By Liangping Gao and Clare Jim

reliance on personal vehicles, thus aiding in traffic decongestion and pollution reduction, all while generating employment opportunities for hundreds of thousands of young people otherwise lacking the specialized skills for traditional job markets. Going by what the ride-share companies are saying, a lot of these objectives appear to have been met.

Crude oil imports from Russia to India have nearly... moreCrude oil imports from Russia to India have nearly tripled in Q1 of this fiscal year compared to the same period last year, totaling $12.36 billion.

Indian Space Research Organization (ISRO), it has come to light that a simple masala dosa served at 5 pm played a pivotal role in the success of India's Chandrayaan-3 moon mission. When faced with the daunting challenge of achieving the impossible, ISRO had no financial incentives to offer its dedicated workforce. Journalist Barkha Dutt, in an opinion piece for The Washington Post, shed light on what kept the team motivated. «We cracked it by offering a free masala dosa and filter coffee at 5 pm every evening,» reveals Venkateshwara Sharma, a mission scientist.

In today’s era of fast-paced evolving digital platforms, the finance industry found its way to emerge with technology and create a revolutionary force that is molding the way we interact and manage our finances. 

Retirement is a milestone in one’s life that highlights the freedom from laboring days. Some are preparing for this day ahead of time while others tend to delay their retirement and save up what they need.

Food ads have long made their subjects look bigger, juicier and crispier than they are in real life

The CEO of Walgreens Boots is stepping down after less than three years at the helm of the drug store chain

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The price of Pepe Coin (PEPE) has declined by 5% in the past 24 hours, dropping to $0.000000818339 as the cryptocurrency market as a whole falls by 3% within the same timeframe.

UBT) president Uddhav Thackeray on Friday asserted the INDIA bloc will fight and defeat «mitra parivarvad», an oblique reference to crony capitalism, in the country as the opposition grouping wrapped up its two-day conclave in Mumbai. Speaking at a press conference organised after the end of the third meeting of the Indian National Developmental Inclusive Alliance (INDIA), Thackeray, who hosted the gathering, said the bloc consisting of more than two dozen political outfits is a coalition of patriotic parties ranged against «mitra parivarvad». «When elections come there is slogan of 'sabka saath sabka vikas (togetherness of all, development for all)...but after elections are over it is sabko laath and mitron ka vikas (development of friends by ignoring others). We will not allow this,» said the former Maharashtra CM. Opposition parties have often accused the Bharatiya Janata Party (BJP) of indulging in crony capitalism, a charge rejected by the ruling outfit which has sought to portray its rivals as corrupt and practising nepotism. Thackeray maintained the two-day meeting took some important decisions and resolved to set up coordination committees.

SHANGHAI (Reuters) -Tesla on Friday unveiled a restyled, made-in-China Model 3 with a longer driving range, the first time the automaker has launched a new model in China ahead of the United States.

Dr Ankit Thakker, CEO, Jupiter Life Line Hospital, says: “We believe in the next two and a half odd years, we should be able to commission Dombivli. On the revenue side, we think each and every hospital that we build should be designed as a flagship hospital and each of them should be able to contribute at the same level as any other. Once Dombivli gets matured, it is designed in size, scale and scope to do as well as Thane or any other hospital.”Firstly, let me ask you about your IPO funds. We understand that you will be using the IPO funds to partially repay the debt. What will the debt be after the repayment and also, would you tell us the savings or interest costs on account of the repayment?We will be debt free post the IPO. We are going to pay down all the debt so pretty much the entire interest portion and the outflow for the principal repayment will be free cash in our hands.

IPO subscription status: Rishabh Instruments IPO was subscribed 31.48 times on day 3 so far. Rishabh Instruments IPO opened for subscription on Wednesday, August 30, and will close today (Friday, September 1.) Rishabh IPO received overwhelming response from Qualified institutional buyers (QIBs) on the final day. Retail investors and non-institutional investors (NIIS) on day 3 also responded positively.

Climate change adaptation and mitigation efforts can benefit immensely from robust intervention. The Gross Domestic Climate Change Risks 2023 report, published by the Cross Dependency Initiative, an organisation that focuses on climate risk analyses, has found that nine Indian states rank among the world’s top 50 at-risk states and provinces. Despite the pace and scale of the crisis, India has been slow to respond.