COST Financial News
30.01 / 08:05
markets
COST
Strategy
Research
Experts
country
innovations
India vs China: Why country of techies can't create homegrown DeepSeek or Google? Entrepreneurs cite key problem
Sridhar Vembu, Chief Scientist of Zoho Corporation, responded to a frequently asked question from Indian engineers: “Why can’t India achieve what China did?” Vembu acknowledged that while India’s strengths lie in its democratic framework and diverse society, it must chart its own path rather than merely emulating China. He emphasised grassroots innovation and India’s demographic advantage, asserting, “India's strength lies in its ability to innovate and adapt to rapidly changing global dynamics.”
30.01 / 07:59
markets
COST
Target
Sustainability
Equality
Commentary
Tata Motors had accounting, PLI save the day in Q3, leaving investors unimpressed
Subscribe to enjoy similar stories. Tata Motors Ltd’s shares nosedived to a new 52-week low of ₹683.20 apiece on Thursday, following muted December quarter (Q3FY25) results accompanied by adverse management commentary, especially with regards to its Jaguar Land Rover (JLR) business. The management has lowered JLR revenue guidance by 3% for FY25, while remaining optimistic of improving JLR wholesale sales further in the March quarter (Q4FY25) led by seasonality even as demand is particularly slow in China.
30.01 / 07:25
markets
COST
UPS
Strategy
PAM
International
Tata Steel doesn’t want growth at cost of debt: CFO Koushik Chatterjee
Tata Steel’s growth will not come at the cost of debt but will instead be a balance between the company’s internal accruals and deleveraging, chief financial officer Koushik Chatterjee said, even as the steelmaker projected a six-month delay in achieving breakeven in its UK operations.
30.01 / 06:59
30.01 / 06:09
COST
UPS
Gap
Food
show
outbreak
Egg prices soar in U.S. What’s keeping Canada’s prices stable?
Egg prices in the United States continue to crack under pressure while in Canada they remain relatively stable — and even late-night TV is taking notice.On The Late Show with Stephen Colbert Tuesday night, the host couldn’t resist a jab at the price gap, joking that while Americans face egg rations, Canadians are “yolking it up” with their cheaper cartons.“F— it, I’m with Trump — let’s bomb Saskatchewan,” Colbert joked.But behind the joke is a serious issue driving up costs in the U.S. — a relentless outbreak of bird flu that is devastating poultry farms, forcing farmers to kill millions of chickens and sending egg prices soaring.The average cost of a dozen large eggs was USD$4.15 in December, according to the Bureau of Labor Statistics.
30.01 / 04:49
COST
Target
Analysis
economy
Research
Trade
Experts
ECB to look past Trump risk and push on with rate cuts
The central bank hiked borrowing costs aggressively from mid-2022 to tame runaway energy and food costs, but is now bringing them back down as price rises slow and the eurozone economy looks weak.
30.01 / 03:15
markets
COST
Target
Sustainability
Pride
country
DeepSeek's global success received by Chinese with pride and glee
DeepSeek's global success with pride and glee, with some saying the homegrown AI startup's meteoric rise is a sign China is beating back Washington's attempts to contain the country's tech industry.
30.01 / 03:15
30.01 / 03:15
30.01 / 01:17
30.01 / 01:11
markets
COST
Progressive
Analysis
Trade
Experts
Asian stocks stall after Fed meeting, tech earnings
Asian stocks fluctuated on Thursday after the Federal Reserve held rates unchanged, with Chair Jerome Powell saying officials were not in a hurry to lower borrowing costs. Shares in Japan opened slightly lower, weighing down a gauge of Asian equities despite a small gain for shares in Australia. Many of the region’s equity markets including China, South Korea and Taiwan remained closed for the Lunar New Year holiday.
29.01 / 23:43
COST
Career
security
Strategy
Trade
Pharmaceuticals
Firms including service bonds in contracts for commitment-phobic junior staff
Subscribe to enjoy similar stories. Indian companies worried over junior employees quitting within a year of joining are devising ways to secure their commitment for longer, ensuring their efforts in training freshers do not go to waste.
29.01 / 23:43
COST
UPS
Citi
Provident
security
country
union budget 2025
budget 2025
Union Budget 2025: Initiatives that can make India self-reliant in energy
Subscribe to enjoy similar stories. The budget often deals with short-term problems and there are several of those relating to energy that we need to attend to urgently. The biggest is our concern for energy security to make India as much as possible aatmanirbhar to reduce our dependence on imported fossil fuels, much of which we import--85% of oil, 50% of gas and almost 20% of coal.
29.01 / 17:53
COST
UPS
Target
Pool
Trade
Rise to Trump's tariff challenge
Voluntary export controls by trading partners improve their competitiveness. Fair trade restrictions do not restore the cost advantage for local employment. Even if some form of protectionism can be defended in theory, it is typically captured by interests narrower than national welfare, leading to rent-seeking. The US has tried these approaches since the 1950s and has not been able to make much headway in arresting its trade deficit with the rest of the world. With every passing decade, the target of US protectionism changes: Opec, Japan, China — now it's the turn of India, Brazil and Canada.
29.01 / 15:31
markets
COST
Provident
Manufacturing
Sustainability
innovations
How Budget can recharge Indian renewable industry’s battery
Union Budget of India marks an essential juncture in India's quest for a green future. Global energy dynamics are experiencing dramatic changes, offering India's renewable energy sector an incredible opportunity to help combat climate change while simultaneously increasing energy independence. But its success hinges on strategic investments, policy support and creating an ecosystem to facilitate clean energy technologies.
29.01 / 12:19
COST
economy
Coronavirus
pandemic
voice
UK Treasury chief backs third runway at London's Heathrow Airport
U.K. Treasury chief Rachel Reeves says that the new Labour government is backing the construction of third runway at London’s Heathrow Airport
29.01 / 11:35
COST
UPS
CEO
Research
Experts
performer
reports
How DeepSeek’s AI stacks up against OpenAI’s model
Subscribe to enjoy similar stories. It’s impossible to look at the Chinese artificial intelligence startup DeepSeek’s new AI model without comparing it against OpenAI, the dominant American rival. DeepSeek has touted its latest AI model, R1, is particularly good at problem solving, performing on par with OpenAI’s o1 reasoning model—but at a fraction of the cost per use.
29.01 / 11:35
COST
UPS
Target
Trade
shock
JSW Energy gets a shock from short-term power pain
Subscribe to enjoy similar stories. JSW Energy Ltd’s stock fell by over 6% on Wednesday after its December-quarter results came as a big disappointment even as power generation by the company shot up 10% year-on-year to 6.8 billion units. JSW Energy’s consolidated Ebitda fell as much as 18% year-on-year to ₹914 crore, with its margin slipping to 37.5% from 43.7% a year ago.
29.01 / 10:25
29.01 / 09:39
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