COST Financial News
27.02 / 07:45
COST
BLOCK
Digital
CEO
Assurant
economy
Courts
The good news is that AI is hiring: The bad news is that it’s not us
Subscribe to enjoy similar stories. The age of artificial intelligence (AI), heralded by the 2022 advent of ChatGPT, has given birth to a peculiar form of conventional wisdom. The reigning corporate orthodoxy insists that AI shall automate menial tasks, freeing the world’s brilliant and creative to do what they do best.
27.02 / 07:37
markets
COST
Booking
country
travelers
International
Destinations
Indians will have to pay 15% more for their international trip this summer
falling rupee and rising hotel prices have made international vacations more costly for Indians this summer. The year-on-year increase for the April-June period is between 15% and 20% compared to last year, with tour operators transferring the price hike to travelers.
27.02 / 06:51
markets
COST
RAI
track
International
Ola Electric accelerates profitability drive axing regional warehouses, optimising costs
Ola Electric has eliminated its regional warehouses across India, and will now leverage its 4,000 retail stores nationwide for maintaining vehicle inventory, spare parts, accessories, and last-mile deliveries. The strategic move is expected to boost EBITDA margins by almost 10 percentage points, besides improving inventory management and faster customer deliveries, sources directly familiar with the matter said.
27.02 / 01:57
markets
COST
NVIDIA
Trade
reports
Nvidia's profit jumps 80% as company rides tech's AI boom
Nvidia lost $600 billion in market value in a single day last month, it was because some investors feared for the future of the artificial intelligence chipmaker. DeepSeek, a Chinese startup, said it had made its AI systems with a small fraction of the AI chips used by other companies, and at a small fraction of the cost.
27.02 / 01:49
COST
UPS
Provident
Digital
CEO
Research
reports
Cyient’s earnings revival distant even as new CEO announcement is positive
Subscribe to enjoy similar stories. The battered Cyient Ltd stock is struggling to regain its footing after weak December quarter (Q3FY25) results, an abrupt CEO resignation, and a sharp cut in FY25 guidance sent shares into a tailspin. On 24 January, the stock had plunged 23% as earnings downgrades poured in and concerns over leadership uncertainty deepened.
27.02 / 00:49
COST
Digital
Enterprise
Research
Healthcare
show
Mint Primer | The $300 billion question for India’s IT sector
Subscribe to enjoy similar stories. Industry body Nasscom sees the Indian IT sector surpassing the $300 billion revenue milestone in FY26. But it’s also expected to witness a reset, with slower employee addition, higher costs, AI-driven growth, code-automation and more.
27.02 / 00:49
markets
COST
Strategy
economy
Highways
country
hospital
American hospitality giant Wyndham sees big opportunity in India’s new hoteliers
Subscribe to enjoy similar stories. American hospitality chain Wyndham Hotels & Resorts is betting on India’s next generation of hotel developers to drive its future growth. As younger, first-time owners enter the industry with a preference for greater control, the world’s largest hotel franchisor sees a chance to expand without the traditional costs of managing or owning properties.
27.02 / 00:43
27.02 / 00:43
COST
UPS
Analysis
Sustainability
Research
Trade
Is the worst over for NBFC shares?
Reserve Bank of India's (RBI) move on Tuesday to lower risk weights for bank lending to these entities. Analysts are however sceptical about any share price rebound sustaining as lenders may not be in a hurry to push up loan disbursals in the wake of tight liquidity conditions, continued stress in existing loans and moderating consumer incomes. «There could be a slight rally in NBFC stocks thanks to the central bank's decision but a runaway rally may not happen because the overall impact will be seen only in FY26,» said Prashanth Tapse, senior VP of research at Mehta Equities.
27.02 / 00:43
markets
COST
UPS
security
Analysis
Trade
Higher-rated NBFCs likely to gain more from RBI relief
risk weightage for bank loans, since capital to be assigned for AAA rated NBFCs will halve to 20% from 45%. Easier access to funds and lower costs could mean NBFCs could save 25-50 basis points on bank loans due to lower banking risk weightages for the sector. One basis point is 0.01 percentage point.
27.02 / 00:15
26.02 / 18:39
26.02 / 17:59
26.02 / 17:59
markets
COST
Software
RAI
gatherings
RBI eases lending rules to revive credit growth as bank lending slows and consumption weakens
repo rate on a downcycle, it has reduced risk weights on bank lending to non-banks and microlenders.
26.02 / 17:49
markets
COST
Provident
Digital
Progressive
recommendations
View: BharatNet crucial for achieving progress towards Digital India's goals
Bharat Broadband Network Limited (BBNL), is one of the largest rural telecom initiatives in the world. It's designed to bring broadband connectivity to every village. Initially launched in 2011 as National Optical Fibre Network (NOFN), BharatNet aims to connect 2.5 lakh gram panchayats (GPs). With an initial budget of Rs 42,000 cr, about Rs 40,000 cr has been spent.
26.02 / 16:31
26.02 / 13:31
markets
COST
UPS
Software
Experts
Department
Courts
Payback the Section 87A rebate amount claimed against capital gains, says the tax demand notice; What are your options?
income tax demand notice due to denial of Section 87A tax rebate on special rate income like Short Term Capital Gains (STCG) for ITRs of FY 2023-24 (AY 2024-25). This issue, which was once thought to be resolved after the Bombay High Court judgement on January 24, 2025, is once again back to haunt small taxpayers.
26.02 / 13:15
markets
COST
NIC
Progressive
Trade
rock
Almost half of UK retail investors expect 'emergency financial' government measures to rock capital markets
According to a study from GraniteShares, a global issuer of Exchange-Traded Products (ETPs), just over a quarter (26%) of retail traders think a progressively more volatile UK stock market will increase trading levels during 2025, compared to 56% who said that trading levels will either stay the same of decrease (with 28% arguing for each scenario). UK consumer confidence dips in February as worries mount over rising NIC and energy costs US President Donald Trump's tariffs also raised eyebrows for retail investors, with 37% saying a trade war with the US would be the factor most like...
26.02 / 13:15
COST
Strategy
performer
track
SJP hands £4.6bn multi-asset management mandate to Royal London AM
RLAM will run a bespoke, active asset allocation mandate, SJP explained. This is set to comprise «predominantly» low active risk strategies that minimise tracking errors, it added. The multi-asset strategy is expected to be adjusted through time, in line with the fund manager's active strategic and tactical asset allocation views. Over 25% of St James's Place funds fail to deliver value as 80% red-flagged for performance SJP said this would «help to maintain access to a broad range of asset classes, but at a lower cost than is typically associated with active management». The fu...
26.02 / 11:47
COST
Provident
wellness
President
War
country
reports
How much has the US spent on Ukraine in the war?
Subscribe to enjoy similar stories. President Trump says the U.S. has spent $350 billion on the war in Ukraine—a figure that is at odds with Ukrainian President Volodymyr Zelensky’s tally, as well as U.S.
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