India's Petroleum Ministry clarified that E20 petrol is costlier to produce than pure petrol currently but has protected consumers from volatile oil prices and enhanced energy security. The ministry refuted claims of engine damage or significant mileage reduction from E20 fuel.
Bitcoin's price has spent weeks below its estimated all-in production cost of ~$84,300, yet the network remains operational. This challenges the assumption that production costs set a hard floor under the price. Instead, the network's self-correcting mechanism adjusts difficulty based on hash rate changes, allowing it to function despite miners operating at a loss. The sector is diversifying, with large miners pursuing AI and HPC contracts to mitigate risks, while low-cost operators benefit from difficulty resets.
Analysts warn that agricultural companies, facing 20-30% higher production costs due to energy disruption and weather conditions like El Nino, may cut corners on sustainable land-clearing by using fire instead of machinery, potentially worsening the haze problem.
Russia's MC-21 aircraft is expected to cost around $100.9 million after 2030 due to increased production and reduced costs. State subsidies will cover initial price differences for airlines, with plans to phase them out as production scales.
Alcoa (AA) is leveraging high aluminum prices with a June $70 buy-write strategy, aiming for a 12% gain by selling calls. Despite challenges in its Alumina segment, the company's Aluminum segment benefits from supply shocks and geopolitical factors.
Maharashtra's onion farmers face massive losses due to collapsed wholesale prices, far below production costs. They demand a Minimum Support Price (MSP) of Rs 3,500/quintal and Rs 1,500/quintal compensation for distress sales.
Investors can finance part of the production cost of a stage play produced by film star Louis Koo Tin-lok and featuring award-winning actress Fish Liew Chi-yu, after a Hong Kong fintech firm converts it into tradeable digital units. Esperanza Fintech Group CEO Dan Ronald Leung Wai-tsun said on Monday that the firm would launch its fifth project this year using investment tokens, which convert an entertainment production’s costs and profits into small, tradeable digital units via blockchain. The...
SEOUL, May 12 (Yonhap) -- South Korea's first homegrown fighter jet program may ...
The Supreme Court has asked the Centre and states to respond to a PIL seeking an increase in the Minimum Support Price (MSP) for grains to cover farmers' input costs and prevent suicides. The court noted that addressing this could involve rewriting economic policy.
