COST Financial News

The largest union at Navy shipbuilder Bath Iron Works, located in Maine, has approved a three-year contract, averting another strike like the one three years ago

The year started with an almost unanimous forecast that major developed economies were staring at a full-blown recession, led by the US and Europe. This doesn't quite seem likely anymore. IMF recently upgraded its US annual growth forecast from 1.4% y-o-y (January economic outlook) to 1.8% in July and Euro area growth from 0.7% to 0.9% for 2023.

Britney Spears' third husband Sam Asghari filed for divorce in August 2023 after 14 months of marriage. The couple is in a divorce battle over a prenuptial agreement and their dogs’ custody. Asghari has asked for a bigger prenup amount and has threatened to disclose embarrassing information about the singer if she doesn’t agree. What’s more, the couple is reportedly fighting over the custody of their two dogs post-separation and divorce. Britney Spears and Sam Asghari reared two dogs – Porsha, a Doberman, and Sawyer, an Australian Shepherd. Britney Spears is so attached to the dogs that she is willing to pay for them. She expressed her willingness to let go of the diamond engagement ring gifted by Asghari. Now, as per media reports, Britney seeks the custody of their pups in exchange for the engagement ring. The singer was spotted without her ring days before the divorce report came in. Apparently, Asghari is not sure if Spears will be able to take care of their dogs and maybe mean to them. In 2021, her dogs were taken away from her because of neglect. Sam Asghari also is seeking a higher prenup amount and maintenance from Britney Spears to support him, and also pay for his lawyer, and his other costs. When Sam Asghari gifted the Doberman pup Porsha to Britney Spears, he had said in a video on social media that Porsha will be «trained to protect (Britney) from any m**rf**r that comes around with bad intentions.» Britney Spears had gotten the blue-eyed Australian Shepherd Sawyer when the couple was in Maui. She had shared the adorable pup’s pictures on social media with the lovely message: «I think he understands me especially with those eyes...he makes my heart melt...he needs me and I like that !!!!!».

NEW DELHI : The government should give incentives for research and development projects on advanced battery technology, said a CII report on Sunday. The report on battery manufacturing and its ecosystem released by the Confederation of Indian Industry (CII), suggested that incentives be given from a dedicated fund for the development of the battery technology ecosystem.

risk exposure also increases. Natural disasters can cause massive damage to assets and investments in vulnerable areas. According to reinsurance company Munich Re, the total uninsured losses due to disasters in 2022 are estimated to be around $270 billion while insured losses are projected to be approximately $120 billion.

Coal India's in-house e-auction platform have been carried out satisfactorily, and the mechanism can have a full-fledged rollout across the company's coal-producing subsidiaries, officials said Sunday. A total of seven trial auctions involving nearly 18 million tonnes of coal have been conducted, they said. The mining major has entrusted its wholly owned subsidiary Central Mine Planning & Design Institute (CMPDI) to rollout the in-house e-auction system, with technical assistance from the National Informatics Centre.

Bank of Baroda (BoB) has decided to auction actor Sunny Deol’s property in Juhu to recover ₹56 crore. In an auction notice put out in newspapers, a week after the release of the actor’s movie Gadar 2, the bank has named Ajay Singh Deol, alias Sunny Deol—a member of parliament—the borrower and guarantor, along with brother Bobby and father Dharmendra as guarantors. The bank has set 25 September as the date for the e-auction, bids for which have to be submitted by 5 pm on 22 September.

₹25 -50 lakh, depending on the type of school and the course offered. be it state, central or international boards. Higher education, though, depends on the stream that children decide to pursue after school: engineering, medicine, law, or accountancy.

Dwarka expressway is being built at a cost of ₹9000 crore will be almost completed in April 2024. Nitin Gadkari had earlier said the 34 meter wide expressway is being constructed on 18.9 km single pillar in Haryana and 10.1 km long in Delhi.

NEW DELHI : After vegetables, poultry products including eggs and chicken are expected to see a sharp rise in sales and, consequently, prices starting September -- following the two-month-long Shravan restrictions. Hindus in parts of northern and western India follow dietary restrictions during the Shravan period.

₹500 crore to house executives, underscoring how state-run banks offer generous perks to compensate for differences in remuneration with private sector rivals. India’s largest lender has called for applications from architects interested in the project. They will be selected through a design competition.

NEW DELHI : The Centre is considering shifting its financial assistance for adoption of electric vehicles (EVs) toward public transport such as e-buses. The support for purchase of private electric two-wheelers may be gradually phased out, said a person in the know of the developments. “There is a view that the subsidies should gradually be phased out for private two-wheelers and assistance should go for public transport and charging infrastructure," the person added.

Women's World Cup final, Lucy Bronze, a stalwart of the England team, found herself caught in the crosshairs of frustration as her mistake led to Spain taking the lead. The defender, known for her prowess, made a lung-busting run forward from her right-back position, only to be dispossessed in the center of the field. This lapse in possession allowed Spain an immediate counter-attack, exploiting the gap she had left behind.

FMCG industry witnessed growth in volume and expansion in gross margins in the June quarter aided by moderation in inflation which also boosted small players in select categories. Several small players, which had earlier vacated some of the market segments during the peak of inflation, returned back and intensified the competition at the local level, forcing several big FMCG players to go for price corrections.

Congress Working Committee (CWC). The Congress leader who has been part and witness of several frictional episodes with Congress senior leader and Rajasthan Chief Minister Ashok Gehlot, was drafted into the party's central leadership. After the list was publicised, Sachin Pilot pledged to “strengthen the customs and ideology" of the party.

₹3,000 per month, 300 units of free electricity for every household per month and free education for every child in Madhya Pradesh among others. Arvind Kejriwal has also promised employment to every unemployed person in the state.

With July inflation ramping up again on Tuesday, it’s obvious the battle ain’t over yet. The headline inflation rate jumped to 3.3 per cent from last month’s 2.8 per cent. While mortgage costs and food are major contributors to our stubborn inflation, energy prices have risen 5.8 per cent in the past four months, thanks in part to the carbon tax hike last April 1.

Whether owned personally or by a corporation, permanent life insurance offers a range of planning advantages that can enhance your overall estate planning, increase liquidity and provide tax-saving opportunities, which makes it a potentially valuable tool when it comes to financial planning.

Wages negotiated by union workers in Canada are creeping higher, complicating the central bank’s bid to restore price stability.

In today’s fast-paced world, credit cards have emerged as an indispensable component of our financial lives, offering unparalleled convenience and the potential to build credit profiles. However, misuse and mismanagement of credit cards have become a concerning global trend, leading to financial distress for many individuals.

Retirement planning is an essential part of financial planning. One must start planning for retirement early in life to ensure a comfortable post-retirement life. However, with so many retirement and pension plans available in the market, choosing the right plan can be challenging. Here’s an in-depth analysis of the advantages and disadvantages of different retirement and pension plans available in the market.