COST Financial News

28.01 / 02:07

markets COST Analysis Trade President Experts show Gold holds ground as traders brace for Fed rate decision

Gold prices firmed on Tuesday as focus shifted to the Federal Reserve's first meeting of 2025, while investors try to decipher how U.S. President Donald Trump's policies will impact the U.S. central bank's views on growth and inflation.

28.01 / 01:25

markets COST Analysis Trade Experts World’s richest people lose $108 billion after DeepSeek selloff

Billionaires whose fortunes are linked to artificial intelligence were the biggest losers: Huang saw his fortune fall $20.1 billion, a 20% drop, while Oracle Corp. co-founder Larry Ellison’s $22.6 billion loss was larger in absolute terms, but represented just 12% of his fortune, according to the Bloomberg Billionaires Index. Dell Inc.’s Michael Dell lost $13 billion, and Binance Holdings Ltd. co-founder Changpeng “CZ” Zhao shaved $12.1 billion.

28.01 / 00:11

markets COST Aviat Airlines travelers International IndiGo bets on overseas expansion for its growth flight

Subscribe to enjoy similar stories. IndiGo, India's largest airline by market share and fleet size, sees the next phase of growth coming in from international operations, according to its top executive. "A few years ago, our share of international (in terms of available seat kilometres) was a little over 20%.

27.01 / 16:15

COST UPS FIVE economy Trade President Tariff uncertainty hangs over Bank of Canada’s 1st rate decision of 2025

The Bank of Canada is being pulled in a few different directions ahead of its first interest rate decision of the year on Wednesday.

27.01 / 16:01

COST UPS Analysis Trade Experts ACC’s profit doubles on year aided by volume growth, govt grant

ACC’s profit doubled on year in the December quarter, aided by robust volume growth, a moderation in fuel costs and a refund related to government grants. The cement maker posted a consolidated net profit of Rs 1,092 crore for the fiscal third quarter, while revenue from operations rose nearly 21% on year to Rs 5,927 crore. The company sold 10.7 million tonnes of cement during the quarter — its highest ever and up 21% from a year earlier. Sales volume of premium products also increased.

27.01 / 15:45

COST Progressive Mobile Software NVIDIA performer innovations What is China's DeepSeek and why is it freaking out AI competitors?

DeepSeek, a Chinese AI startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating breakthrough artificial intelligence models that offer comparable performance to the world’s best chatbots at seemingly a fraction of the cost.

27.01 / 13:27

markets COST Manufacturing Google NVIDIA Trade US stock futures sink as investors weigh China challenge to US dominance in AI. Nvidia drops 12%

Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top versions from OpenAI and Google for a fraction ...

27.01 / 13:27

markets COST Target Progressive economy President rowing Federal Reserve expected to stand pat on rates even as Trump demands cuts

The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates

27.01 / 13:25

COST Provident Align PwC Research show innovations budget 2025 Budget 2025: Tax incentives, higher deposit insurance key asks for banks

Subscribe to enjoy similar stories. Banking is at the heart of any nation's growth. When democratised, it becomes a financial engine capable of uplifting the masses on a large scale.

27.01 / 11:53

COST CEO Platform NVIDIA Trade reports Chip stocks tumble after China’s DeepSeek AI models raise doubts over US tech dominance

Subscribe to enjoy similar stories. DeepSeek said training one of its latest models cost $5.6 million, compared with the $100 million to $1 billion range cited last year by U.S. rival Anthropic.

27.01 / 11:53

COST Provident Man wellness Healthcare gatherings Vaccines Centre seeks names of Muslim doctors from states to accompany Hajj pilgrims

Subscribe to enjoy similar stories. New Delhi: The ministry of health and family welfare (MoHFW) has written to states and Union territories (UTs), seeking names of serving Muslim male and female doctors as well as paramedics to accompany Indian Hajj pilgrims to Saudi Arabia. These medical professionals for Hajj medical deputation will help provide healthcare services in Saudi Arabia at facilities manned by Indian doctors.

27.01 / 11:41

COST Citi security Dreams stage cover Bengaluru landlords are a menace. Couple made to pay twice house rent as landlord refuses to cover maintenance costs

27.01 / 11:41

markets COST Digital Strategy Experts PAM Arohan self-imposes a margin cap of 12%, to restrict annual business growth at 25%

Arohan Financial Services has decided to put a self-imposed margin cap of 12% over its cost of funds and restrict annual business growth to 25%.

27.01 / 10:11

COST Platform Gap Universities reports Videos International AI alert: Chinese GenAI tools have begun to startle the world

Subscribe to enjoy similar stories. Chinese AI companies are laser-focused on closing the development gap with the US. Despite Washington’s efforts to hold the industry back, it’s proving it can stay competitive with Silicon Valley.

27.01 / 10:11

markets COST Progressive Mobile NVIDIA Universities performer What is China’s DeepSeek and why is it freaking out the AI world?

Subscribe to enjoy similar stories. DeepSeek, an AI startup just over a year old, stirred awe and consternation in Silicon Valley with its breakthrough artificial intelligence (AI) model that offered comparable performance to the world’s best chatbots at seemingly a fraction of the cost. Created in China’s Hangzhou, DeepSeek carries far-reaching implications for the global tech industry and supply chain, offering a counterpoint to the widespread belief that the future of AI will require ever-increasing amounts of power and energy to develop.

27.01 / 09:53

markets COST Airlines Strategy reports travelers Courts Lufthansa Airlines faces ₹55K fine for mishandling elderly passengers – Here’s what happened

Lufthansa flight from Chennai to Frankfurt in June 2023 has culminated in a ruling from a Chennai court, which penalised the airline for its deficient service. The series of incidents, which involved wet seats, delayed flights, mishandling, and poor customer care, not only disrupted their travel but also resulted in both emotional and financial distress.

27.01 / 08:03

markets COST Analysis Trade Experts reports Adani Wilmar Q3 Results: PAT soars 104% YoY to Rs 411 crore, revenue jumps 31%

Adani Wilmar's third quarter profit soared 104% year-on-year (YoY) to Rs 411 crore, while revenue from operations increased 31% YoY to Rs 16,859 crore. On a sequential basis, net profit jumped 32% from Rs 311 crore reported in the preceding September quarter. Meanwhile, revenues rose 17% quarter-on-quarter.

27.01 / 05:59

COST UPS wellness stage country reports BPCL eyes 50 mt refining capacity, says CMD G. Krishnakumar

Subscribe to enjoy similar stories. NEW DELHI : Bharat Petroleum Corp. Ltd (BPCL) will have a refining capacity of around 50 million tonnes (mt) after commissioning the proposed greenfield refinery-cum-petrochemical complex in Andhra Pradesh, said the chairman and managing director of G.

27.01 / 04:05

markets COST UPS Target Analysis Trade Experts Shriram Finance shares in focus after Q3 profit shoots up 73% YoY. Should you invest?

Shriram Finance shares will remain in focus after the NBFC firm reported a 73% increase in consolidated net profit to Rs 3,249 crore for the third quarter ended December 2024, up from Rs 1,874 crore in the same quarter last year. Total income for the quarter rose to Rs 10,705 crore, compared to Rs 8,927 crore a year ago. Net interest income increased by 14.3% to Rs 5,823 crore, up from Rs 5,094 crore in Q3 FY24.

27.01 / 02:29

markets COST Maxim Racing trends International Mint Quick Edit | An AI race shake-up spells an opportunity for India

Subscribe to enjoy similar stories. DeepSeek-V3, a large language model (LLM) for artificial intelligence (AI) launched by a Chinese startup, has startled the world. Its owner claims it cost under $6 million, a fraction of what American LLMs took to create.

27.01 / 01:23

markets COST Manufacturing Trade performer country International Waaree Energies's solar dreams and the Trump policy conundrum

Subscribe to enjoy similar stories. After a blockbuster debut on the BSE in October 2024, when its shares listed at a 69.66% premium, Waaree Energies has seen its performance falter dramatically. The stock has plunged 37% from its peak of ₹3,743, closing at ₹2,355.95 on 23 January, 2025.

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