After several years of a freeze on fares, the Indian Railways is likely to roll out a new fare tariff effective July 1, 2025.

Lamentation by the Manufacturers Association of Nigeria (MAN) over the excruciating burden that high interest rate poses to ...

Vanguard FTSE Developed Markets Index Fund ETF Shares offers cost-efficient access to non-U.S. developed markets, enhancing ...

Malawi’s cost of living has slightly improved, but not for those in low-income brackets who are still facing the burden of everyday expenses, according to new data. The Centre for Social Concern (CfSC ...

OpenAI CEO Sam Altman took to the stand in front of Congress, testifying on the future of AI regulation at Capitol Hill. During his hearing, he spelled out the truth about the limits of how far we can ...

This summary reviews our recent work on detecting and tackling collusive behavior in procurement auctions. Historically, antitrust agencies have taken a reactive approach to cartels, initiating ...

Higher butterfat prices should lead to heightened butterfat supply, right? It has, and has resulted in dramatic boosts in ...

Marginal cost of funding: It is the cost of funds for ... as well as an increase in economic growth," Maurya said. However, it must be noted that a high MCLR will mean less availability of cash ...

Marginal cost is the change in cost to produce one additional unit. A horizontal marginal cost curve indicates stable costs for additional units. Companies aim to maintain this to minimize ...

and much of modern economics is based on the idea, which revolutionized how businesses approached production decisions. Today, marginal cost analysis remains a cornerstone of microeconomic theory ...