COST Financial News

10.03 / 00:49
COST UPS Provident Airlines Software hospital travelers Coforge has won a mega tech deal, but can Sabre service the contract?
Subscribe to enjoy similar stories. Coforge Ltd’s recent announcement of its largest-ever contract with Sabre Corp brought cheers to shareholders, but at least three analysts have raised concerns about the Texas-based travel technology company's ability to see through the deal and make timely payments due to its weak financial health. The country’s seventh-largest software services provider announced a 13-year contract with Sabre late last Tuesday, valued at $1.56 billion.
09.03 / 20:27
markets COST FIVE Align trends country reports Housing finance market may double to Rs 81 lakh cr in 5 years
Mumbai: India's housing finance market could more than double in value to '81 lakh crore in the next five years, according to a report by CareEdge Ratings. The ratings firm said the growth will be driven by robust structural elements and favourable government incentives, making housing finance an attractive asset class for lenders. India's housing finance market is valued at '33 lakh crore. CareEdge Ratings said the country's residential properties market remains buoyant, a key driver of the housing finance industry, having seen absolute growth of 74% since 2019 to 460,000 units in 2024.
09.03 / 20:27
markets COST Fox Manufacturing President Interviews Will US face recession in 2025? See what US President Donald Trump said over economic concerns
Trump did not confirm whether the U.S. could face a recession in 2025. In an interview with Fox News, he discussed tariffs, stock market fluctuations and economic concerns. He delayed some tariffs but indicated possible increases. Commerce Secretary Howard Lutnick rejected the possibility of a recession.
09.03 / 20:27
COST Action Exodus WhatsApp Courts Knives out in Gujarat Congress after Rahul Gandhi's attack on party men
Rahul Gandhi launching an unprecedented attack on his own party men in Gujarat on Saturday, many party workers expect a major structural overhaul in the party that has for long been dealing with fratricidal feuds. According to a large section of party members, Congress's plight in Gujarat has been a result of series of blunders which looked 'deliberate'. «Rahul Gandhi in fact said things on Saturday that the people of Gujarat had known for decades,» said a senior party member. As a matter of fact, former legislator Manhar Patel had sent a letter to the Congress high command just before Gandhi's visit pointing out that as many as 75 senior Congress leaders have left the party over the past two decades, with many of them holding the state leadership responsible. Patel had sought a «high-level inquiry» into the exodus and penal action on the leaders responsible for the development. While several Congress workers admit that upcoming workers and leaders of the party are often courted by the ruling disposition, Congress's experiment with the young turks like Alpesh Thakore and Hardik Patel has remained a question mark for many.
09.03 / 20:27
markets COST Compilation MSCI Trade reports Europe materials industry feels US tariff, China heat
A basket of essential companies that supply products like plastic, aluminum, and paper — not your typical household names — reported the highest level of earnings misses so far this season. More than 65% of the MSCI Europe materials index missed earnings per share estimates for the fourth quarter, compared with just 35% of misses in the overall index, data compiled by Bloomberg shows. The sector, which includes companies like paint-maker Akzo Nobel NV, fertiliser producer Yara International ASA and flavorings manufacturer Symrise AG, is dragged down by weak demand in China, where economic woes have led to a slowdown in construction activity, and the threat of US tariffs.
09.03 / 18:53
COST UPS FIVE economy WhatsApp Disaster alert! Complex weather events big drain on global economy
dry spell that parched the land, then a spark, followed by some wind. Suddenly, swaths of South Carolina were consumed by voracious flames.
09.03 / 15:37
markets COST UPS economy Trade country ‘Impossible trinity’ conundrum has caused a cash crunch in Asia
central banks are getting a painful refresher in economic theory. Monetary authorities in China, India and elsewhere have waged a prolonged campaign against the strong dollar, using a mix of official reserves and opaque derivatives trades to defend their currencies. But their moves have pushed up borrowing costs for local banks just when slowing economies need more liquidity. China’s overnight and seven-day repo rates surged in February, while bond investors took losses from a sharp rise in yields. Banking liquidity in India suffered its highest deficit in at least 14 years earlier this year and overnight borrowing costs jumped. Liquidity also dried up in Indonesia and Malaysia following central bank currency interventions. These moves are explained by what economists call the impossible trinity, the idea that countries can’t simultaneously control their currencies, independently set interest rates and allow capital to move freely across borders. Something will break or give way.
09.03 / 14:25
COST Apple Parke country cover electronic Features Toyota Hilux Black Edition launched at ₹37.90 lakh. Here's what's new in this special variant
Toyota Hilux Black Edition was launched at an ex-showroom price of ₹37.90 lakh. Like any other black or dark edition models, the Hilux Black Edition also is cloaked in an all-black theme both for the exterior and the interior. The Hilux Black edition was first unveiled at the Auto Expo 2025.
09.03 / 12:55
COST UPS Aware Gap PINK reports Equality The silent surcharge: Pink tax and how it eats into women's earnings
You walk into a store selling personal care products and pick up two nearly identical products —one labelled for men, the other for women. To your surprise, the women’s version costs more. This invisible yet pervasive price disparity, known as the ‘pink tax’, quietly drains women’s wallets on everything from personal care items to professional services like dry cleaning and healthcare. 
09.03 / 11:55
COST UPS Manufacturing Seagate information Lasers, magnets and the $40 billion fight to store the world’s data
Subscribe to enjoy similar stories. Data-storage company Seagate makes hard disk drive components at its factory in suburban Minneapolis. The fate of an industry is riding on a laser smaller than a grain of salt.
09.03 / 11:09
markets COST UPS Target Digital SpaceX Playbook Partners to invest $20 million each in 12-15 companies over 2 years
Growth capital firm Playbook Partners intends to invest $20 million (around Rs 175 crore) each in about 12-15 companies over the next two years, a top company official said. The firm's investment portfolio includes companies like Myntra, PolicyBazaar, InMobi, Nazara Technologies, Rapido, and Renee, among others. While primarily investing in India, it has also backed global companies like SpaceX and Stripe. «With planned investments up to $20 million each in 12-15 companies, we are targeting high-potential ventures across SaaS, E-commerce, Healthtech, ClimateTech, B2B & B2C,» Playbook Partners Founder and Managing Partner Vikas Choudhury said. «Our focus is on companies that have crossed Rs 100 crores in turnover, where our capital and expertise can accelerate their journey to the next level of growth,» Choudhury told PTI.
09.03 / 09:59
markets COST Digital Sustainability Trade country reports India’s EU trade deal faces a costly hurdle due to strict laws
environmental regulations, particularly the carbon tax, deforestation rules, and supply chain due diligence laws are one of the biggest hurdles in the negotiations for a proposed trade pact with India, economic think tank GTRI said on Sunday. It said that these regulations could impose additional costs on Indian exports. Under the Carbon Border Adjustment Mechanism (CBAM), Indian exports of steel, aluminum, and cement to the EU could face tariffs of 20-35 per cent, even if an FTA is signed, the Global Trade Research Initiative (GTRI) said in its report. This raises concerns that while EU goods would enter India duty-free, Indian exports would still face these indirect barriers in Europe, it added.
09.03 / 08:49
markets COST UPS Target Digital SpaceX Playbook Partners to invest USD 20 million each in 12-15 companies over 2 years
Growth capital firm Playbook Partners intends to invest USD 20 million (around Rs 175 crore) each in about 12-15 companies over the next two years, a top company official said. The firm's investment portfolio includes companies like Myntra, PolicyBazaar, InMobi, Nazara Technologies, Rapido, and Renee, among others. While primarily investing in India, it has also backed global companies like SpaceX and Stripe. «With planned investments up to USD 20 million each in 12-15 companies, we are targeting high-potential ventures across SaaS, E-commerce, Healthtech, ClimateTech, B2B & B2C,» Playbook Partners Founder and Managing Partner Vikas Choudhury said. «Our focus is on companies that have crossed Rs 100 crores in turnover, where our capital and expertise can accelerate their journey to the next level of growth,» Choudhury told PTI.
09.03 / 08:43
COST Food Trade Experts country Vaccines fencing Why Trump’s plan to combat bird flu won’t bring egg prices down immediately
Subscribe to enjoy similar stories. The Trump administration’s $1 billion plan to combat avian flu won’t solve soaring egg prices overnight, experts say. The spread of avian flu has killed millions of chickens across the nation, shrinking the supply of eggs and driving prices higher.
09.03 / 07:55
markets COST wellness Healthcare President medicines Pharmaceuticals US tariff imposition to hit pharma segment; auto sector likely to face minimal impact
The automobile sector, on the other hand, is expected to have a very minimal impact owing to the US being a small export market. Terming India as a very high tariff nation, US President Donald Trump has said that reciprocal tariffs on countries that impose levies on American goods will kick in on April 2.
09.03 / 01:01
markets COST UPS Enterprise stage AI diet helping new-age companies run lean
API.market, runs a marketplace for artificial intelligence (AI) model application programming interfaces, with 3,100 customers across the world, and makes an annual recurring revenue (ARR) of $200,000. He is also building Noveum.ai, an evaluator of large language models for enterprise use, which is currently in beta stage. Till October 2024, Agarwal was building the marketplace alone. His team has grown since—by all of two people, another co-founder and engineer, and he is now looking to hire three more engineers. He added that it is quite common for a small team of up to 20 people in an AI startup to get to $5-10 million ARR. Agarwal is part of an emerging crop of startups that are focusing on leaner teams by leveraging AI across their operations to cut costs and stay the course. Many such companies are borrowing from the playbook of Silicon Valley startups that are clocking millions in revenues with bare-bones teams. For instance, coding assistant Cursor hit a $100 million ARR with a team of 20 people.
09.03 / 01:01
markets COST Provident FIVE Mobile Experts 5G’s cosmic ring: Unlocking global connectivity with non-terrestrial networks
NTN) along with terrestrial 5G has the potential to revolutionise the telecom industry by creating a seamless network, unlocking new revenue streams for telcos, according to experts. They added that the integration of NTN with terrestrial 5G could enable remote data services and maritime communications and will allow telecom service players to offer more reliable and high-quality services, ranging from ultra-low latency applications to high-bandwidth services. Unlike traditional mobile towers that beam signals to mobile phones, the 5G NTN standard leverages satellites in orbit to transmit connectivity, including data, to handsets on earth. NTN is now a part of 3GPP Release-19 specifications for 5G. 3GPP is a global body which specifies telecommunications standards that are followed by telcos, chipmakers and handset providers.
08.03 / 18:29
markets COST Racing reports Destinations cricket Crisis in paradise: Florida’s condo market faces unprecedented decline as property values sink in once-popular retirement hotspot
The slow-motion crisis could destroy the state's reputation as a retirement destination with affordable beach living. As they race to sell their properties and receive only a mediocre response from buyers, owners of the state's older condominiums are preparing for steep special assessments.
08.03 / 14:25
markets Hollywood COST CEO reports shock Hollywood power play: Why Jeff Bezos said ‘Get rid of her’ and forced out James Bond producer Barbara Broccoli
James Bond franchise included a shocking twist. Apparently, Jeff Bezos wanted longtime producer Barbara Broccoli out. The Hollywood Reporter claims that Jeff Bezos, the CEO of Amazon, was adamant on firing 007 producer Barbara Broccoli and even told his employees that he wanted her gone, regardless of the cost.
08.03 / 14:25
COST Manufacturing Freedom country gatherings Cong's Mallikarjun Kharge accuses PM Modi of "telling 11 big lies" in 11 years, slams unkept promises
Mallikarjun Kharge on Saturday accused Prime Minister Narendra Modi of «lying» to the country, alleging that he has told eleven significant lies during his eleven years in power. Speaking at an event to launch the Kalyana Patha project in Jewargi, aimed at laying 1,166 km of roads across 38 rural constituencies in Kalyan Karnataka, Kharge criticised Modi's promises. The project, which is modeled after the Pradhan Mantri Gram Sadak Yojana, will be implemented at a cost of Rs 1,000 crore. «In eleven years Modi has said eleven big lies, not small ones. First lie is to bring black money from abroad and put Rs 15 lakh each to the bank accounts of the people. Second lie is creating 2 crore jobs every year. Did you get it, no. But I still don't know why our youths support him? Do they do it on the basis of caste, religion, conduct, I don't understand,» Kharge said. Addressing the gathering, he wondered why people don't support those from the Congress party, whose leaders have dedicated their lives serving the poor, sacrificed their lives, and fought for the freedom of the country.
08.03 / 14:03
COST UPS Research President Experts Universities consequences Can America’s economy cope with mass deportations?
Subscribe to enjoy similar stories. When Donald Trump takes office on January 20th, deportations will be a priority. The president-elect has promised the biggest removals in American history, with workplace raids and the revocation of parole programmes.

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