RISING COSTS
Increasing annual leave to five weeks would cost employers less than you might think The idea of expanding annual leave to five weeks appears to be gaining traction, spurred by recent advocacy from groups like the Shop Distributive and Allied Employees Association. While certain industries already offer extended leave, such as for c...
02 Jul, 2024, 12.41 PM ISTWhy is Singapore the world’s most expensive city? A report by a Swiss bank has noted that Singapore is the world’s most expensive city. Hong Kong, London, Shanghai and Monaco are some of the other cities in the ranking.
26 Jun, 2024, 06.58 PM ISTGold rises 1% to two-week peak as Fed rate cut bets lift demand Gold prices rose more than 1% on Thursday to their highest level in two weeks, as recent U.S. economic data showing signs of a slowdown in the world's largest economy boosted bets for interest rate cuts from the Federal Reserve this year.
20 Jun, 2024, 09.32 PM IST- ADVERTISEMENT
Global wind installation growth pace slows on rising costs Global wind power growth expected to slow in 2024 due to rising costs, limited infrastructure, and policy uncertainty, with installations increasing by almost 6%.
13 Jun, 2024, 07.38 AM ISTA 1°C rise in global temperature causes a 12% decline in world GDP: Adrien Bilal Adrien Bilal discusses the macroeconomic impacts of global temperature rises in the Anthropocene with Srijana Mitra Das at Harvard University.
06 Jun, 2024, 10.10 PM ISTNBFCs' funding costs to rise as banks cut back The cost of funds for non-banks in Mumbai may rise by 200 to 300 basis points as banks reduce funding. Recent data shows a drop in bank funds to non-banks. RBI's actions have impacted bank loans to non-banking financial companies, leading to potenti...
06 Jun, 2024, 07.21 AM ISTRising heat cools mfg PMI to 3-mth low as input costs bite Manufacturing activity decreased to 57.5 in May from 58.8 in the previous month due to heatwaves and rising costs, as per a private survey by HSBC. The sector saw a softer rise in new orders and output, impacting work hours and production volumes fo...
04 Jun, 2024, 12.04 AM ISTBikanervala Foods not to hike prices of sweets amid rise in cost of milk Bikanervala Foods Ltd has decided not to raise prices of sweets, instead opting to absorb the increased milk rates from suppliers Amul and Mother Dairy. The suppliers raised liquid milk prices by Rs 2 per litre, impacting consumers and small sweet s...
03 Jun, 2024, 05.01 PM ISTMother Dairy, after Amul, hikes milk prices by Rs 2/litre In a statement, Mother Dairy attributed the price hike to production costs, which it said have been on the rise for over a year.
03 Jun, 2024, 02.07 PM ISTCost overruns in central government projects rise to a 12-month high in April The Indian government's cost overruns in central government projects reached a 12-month high of 20.09% in April, with 1,838 projects with a value of Rs 150 crore and above costing Rs 33.2 lakh crore. The average time for project completion dipped to...
28 May, 2024, 08.19 PM ISTIndian fund managers embrace Warren Buffett's advice: The rise of index funds in India Indian fund managers are embracing Warren Buffett's advice by turning to index funds, which offer simplicity, low cost, and stability. The rise of index funds in India has revolutionized the investment landscape globally and locally.
27 May, 2024, 12.25 PM ISTWalmart profits rise on strong sales from wealthier shoppers Walmart reported higher profits Thursday behind solid gains at US stores as the retail giant pointed to increased purchases by wealthier shoppers and improving e-commerce sales. The improved sales to wealthier shoppers reflect a focus on affordable ...
17 May, 2024, 07.36 PM ISTUS wholesale prices rise more than expected in April US wholesale prices rose last month, accelerating the US Federal Reserve's fight against inflation. The producer price index (PPI) jumped by 0.5 percent in April, exceeding market expectations, as reported by the Labor Department. Nearly three-quart...
14 May, 2024, 07.17 PM ISTZomato sees Esop costs rising on grant of stock options to Blinkit leadership Costs incurred under the Esops head are non-cash expenses, and will rise in the ongoing fiscal “on account of grant of Esops to the Blinkit leadership team and senior employees,” the management said in a post-earnings call.
13 May, 2024, 07.28 PM ISTInsurers are having a Chillar Party: Maternity insurance sales skyrocket as couples brace for soaring costs Rising childbirth costs in India drive a surge in demand for maternity insurance, growing at 80% annually. PolicyBazaar data reveals 78% of policies are bought by men. Insurers see these policies as customer magnets despite expected claims. Factors ...
11 May, 2024, 03.14 PM ISTUS Treasury yields rise as traders await next week's inflation report U.S. Treasury yields rose on Friday with no major catalysts to drive direction as traders waited on key inflation data for April next week to guide expectations of Federal Reserve policy.
10 May, 2024, 07.43 PM ISTBad weather and war are straining the world’s wheat supply The wheat futures have rebounded to touch the highest levels since the month of August. Extreme weather is expected to negatively impact the global supply of wheat.
10 May, 2024, 10.19 AM ISTEscorts Kubota Q4 Results: Net profit rises on lower costs The domestic tractor sector saw a decline in volumes in the quarter, as agricultural income was hit by patchy monsoon rains and falling reservoir levels, analysts said.
09 May, 2024, 04.57 PM ISTRising heatwave could set AC costs of telecom towers soaring Rising temperatures in India are expected to increase air-conditioning costs at telecom tower installations, potentially impacting the operational expenses of telecom operators. If heatwave conditions persist, telcos could face a 3-5% rise in power ...
03 May, 2024, 12.54 AM ISTToyota Kirloskar Motor to hike prices on select vehicles from April 1 Toyota Kirloskar Motor announced plans to raise prices of select vehicles by up to 1% starting April 1 due to increasing input costs and operational expenses. The price hike will affect certain grades of specific models, with the automaker citing es...
28 Mar, 2024, 02.54 PM IST