UPS Financial News
06.04 / 13:49
UPS
Art
Progressive
Pool
Rhythm
Universities
A Meditative Metamorphosis
Bikaner House on a late spring evening, The Quiet Interlude came into its own. Reflective canvases beckoned, time expanded and contracted, and the solitary viewer got drawn into the Yantra and Tantra, the yin and yang, and the madhya point of stillness so central to Trishla Jain’s artistic endeavour.
06.04 / 12:47
UPS
Progressive
Aware
Manufacturing
Mobile
testing
Govt rushes to find demand for electric trucks under PM E-Drive after bare FY25
Subscribe to enjoy similar stories. New Delhi: The ministry of heavy industries has identified ports, steel, cement and logistics as sectors to generate demand for electric trucks (e-trucks) under the PM E-Drive scheme after turning up empty-handed in the first half of the scheme, according to two officials aware of the development. The ₹500 crore, two-year scheme for e-trucks is set to end in fiscal year 2026 (FY26).
06.04 / 12:47
markets
COST
UPS
Trade
Experts
country
Indian single malts keep up spirits despite Trump’s tariff heat
Subscribe to enjoy similar stories. New Delhi: India's premium whisky, including single malts, headed to the US may not be hit even as the liquor sector may feel the heat of the additional 26% reciprocal tariffs introduced by the US. “An increase in tariffs does have an impact, but whether it will be significant or just a knee-jerk reaction will become clear only after the release of the detailed schedule in the next few days," said Vinod Giri, director general, Brewers Association of India (BAI).
06.04 / 12:47
UPS
Booking
Photos
social
2020
Interviews
A billionaire’s son and first-time novelist satirizes his own people
Subscribe to enjoy similar stories. Daniel Breyer didn’t have to go far to observe the ultra-wealthy for his first novel. In “Smokebirds," a social satire out Tuesday that explores the dark side of inherited riches, Breyer observes the psyche of the elite from his own privileged perch.
06.04 / 11:05
UPS
Manufacturing
CEO
Trade
country
India's toy industry ready to take advantage of high US tariffs on competitors like China, Vietnam
Indian toy industry is ready to take advantage of the high tariffs imposed by the US on competitors such as China and Vietnam, and the domestic players have already begun work on expanding capacity and forming joint ventures with global firms, exporters said on Sunday. They added that India has emerged as a winner in the recent US tariff hikes, as the exporters are better positioned to absorb the impact compared to competitor countries that are facing higher import duties in America. While the US has imposed an additional 26 per cent import duty on India, its competitor Vietnam is facing 46 per cent tariff, Bangladesh 37 per cent, China 54 per cent, Indonesia 32 per cent, and Thailand 36 per cent. «Huge opportunities are there for our exporters now. Vietnam's exports are about USD 6 billion and China's are USD 80 billion. Now their items will face higher duties in the US than that of Indian toys. All big toy firms are exploring opportunities to set up plants in India,» the CEO of Playgro Toys India, Manu Gupta, said. India's toy exports are hovering in the range of USD 326 million to USD 348 million for the last three years, according to the industry. He said that early conclusion of a bilateral trade agreement with the US will also help Indian toy players to increase shipments.
06.04 / 11:05
UPS
Provident
economy
Trade
President
country
India to focus on trade deal, avoids retaliation on US tariffs
Donald Trump’s tariff imposition, and is focusing efforts on negotiating a bilateral trade deal with the US to bring down duties, according to a Indian government official. The South Asian country is seeking dialogue and not confrontation, the official said, adding that India has first mover advantage compared to rivals in the region. India plans to work toward a balanced and equitable trade deal with the US, the official said. All options are up for negotiation, and both goods and services will be discussed, according to the official. The government is also in touch with exporters on the expected impact and will help if they reach out. Trump last week announced a 26% tariff on US imports from India, dealing a blow to exporters and risking exacerbating a slowdown in an economy already suffering from weak consumer confidence. A lower negotiated rate could provide some relief, though escalating global trade tensions are still a threat. During his visit to Washington after Trump’s return to the Oval Office, Prime Minister Narendra Modi and the US president agreed to negotiate a bilateral trade deal by the fall of this year.
06.04 / 11:05
UPS
Netflix
love
show
stars
recommendations
Schools
Rashmika Mandanna can’t stop raving about this Netflix series: Check her top K-drama recommendations
After a brief period of inactivity on social media, Rashmika returned with a mini interaction session with her followers, explaining, “I was inactive for a while. My team was handling my account. But now I’m back. What did I miss?” As fans poured into her DMs, one particular question caught her attention — a request for Korean drama recommendations. That’s when Rashmika opened up about the shows she’s been hooked on lately.
06.04 / 11:05
UPS
security
Strategy
inclusion
information
Updates
Explained: The curious case of mutual fund taxation
At the heart of this transformation lies the “Mutual Funds Sahi Hain” campaign, which not only democratized mutual fund investing but also played a pivotal role in advancing financial inclusion.
06.04 / 10:55
markets
COST
UPS
Target
economy
show
Equality
Fed is in “no hurry” to lower rates. Don’t be surprised by multiple cuts.
Subscribe to enjoy similar stories. President Donald Trump has already succeeded in two of his key economic goals, bringing down long-term interest rates and oil prices. That has been accomplished via a crash in asset values brought about by perhaps the largest tax increase in modern U.S.
06.04 / 10:55
UPS
Remark
show
rap
information
reports
Why RBI gave banks a knuckle rap for their misaligned retail focus
Subscribe to enjoy similar stories. Reserve Bank of India (RBI) Governor Sanjay Malhotra does not seem to believe in slow starts. Soon after assuming office, he has shot multiple arrows from his regulatory bow.
06.04 / 09:03
06.04 / 09:03
markets
UPS
Action
Trade
President
War
rights
China wanted to negotiate with Trump. Now it’s arming for another trade war.
Subscribe to enjoy similar stories. Beijing spent the first months of President Trump’s second term trying—and failing—to figure out the new administration’s approach to China. Officials hoping to build lines of communication with Washington had no luck.
06.04 / 08:07
06.04 / 08:07
markets
UPS
pandemic
Trade
President
War
country
The stock market had its worst week since the pandemic. Keep hope alive.
Subscribe to enjoy similar stories. He’s serious, and that’s seriously bad news for the stock market. President Donald Trump launched a major new phase in his trade war on Wednesday, imposing tariffs on nearly every country on the globe.
06.04 / 06:07
markets
UPS
Citi
President
Trump's tariffs sink Thai rice prices to three-yr low; India export prices near two-yr-low
Thailand declined to an over three-year low this week due to U.S. President Donald Trump's move to impose import tariffs and an existing market surplus, while India's export prices neared a two-year low on subdued demand. A flat 26% tariff was imposed on all goods being exported by India to the U.S., while Thailand's exports to the U.S. will attract 36%, Bangladesh 37% and Vietnam 46%. Thailand's 5% broken rice fell to $395-$400 per metric ton, its lowest since January 2022.
06.04 / 06:07
markets
COST
UPS
Strategy
cover
hospital
Indians are quitting the safety net of health insurance; GST and high premiums are only part of the problem
health insurance market: many individuals are choosing to quit their health insurance policies. While high premiums and the introduction of Goods and Services Tax (GST) on premiums are often cited as reasons, these financial pressures alone do not fully explain why people are opting out. It is the combination of these costs with a surge in claim rejections and the feeling of inadequate coverage that is leading many to reconsider their insurance choices.
06.04 / 05:59
UPS
Man
love
gay
queer
Schools
Relationships
‘Deviants’ book review: How generations of men navigated being queer in India
Subscribe to enjoy similar stories. Towards the end of Santanu Bhattacharya’s novel Deviants, Vivaan, who is one of the three protagonists, has a heart-to-heart with his beloved uncle, his “Mambro", a clever pun he had conjured up as an eight-year-old to refer to his mother’s brother. Like Vivaan, Mambro is gay, as was Mambro’s uncle Sukumar—Vivaan’s Grand-Mamu—in another era.
06.04 / 04:03
markets
UPS
Manufacturing
economy
Trade
President
show
How will Trump tariffs affect retirement and 401Ks?
Donald Trump has said his reciprocal tariff policy was meant to stand up for the American worker, whom he portrayed as the victim of a decades-long shift toward unfettered globalization. His Rose Garden announcement on Wednesday pushed import duties to an average rate of around 22%, the highest in over a century.
06.04 / 01:33
UPS
Cooper
economy
Trade
country
cover
PM Modi plans Saudi Arabia trip in April eyeing bigger Saudi FDI & widening strategic ties
Modi will hold talks with Crown Prince Mohammed bin Salman, who is also the PM of Saudi Arabia. Both sides will look to take forward agreements finalised during the crown prince’s trip to India in 2023. The protracted Israel-Hamas crisis and tensions in the Red Sea besides the India–Middle East–Europe Economic Corridor (IMEEC) are likely to figure in the discussion agenda, it has been learnt. Saudi Arabia plays a critical role in the proposed IMEEC connecting India with Europe through UAE and Saudi Arabia. Ahead of the PM's trip to Riyadh, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, also the Defence Minister of UAE, is expected to visit New Delhi next week in yet another display of special ties. Sheikh Hamdan will meet defence minister Rajnath Singh as India moves to step up engagements with UAE’s next generation leadership. Last year, the Crown Prince of Abu Dhabi was hosted by the Modi government.
06.04 / 01:33
UPS
Citi
Waves
security
voice
social
rights
‘Hands Off!’ protests: Over 600,000 rally across US against Trump and Musk policies
Protesters voiced anger over a range of issues: mass layoffs in the federal workforce, abortion restrictions, trade tariffs, and the gutting of public services. From Anchorage to Atlanta, demonstrators held signs warning of rising authoritarianism and falling living standards. “This outrageous administration is causing us to lose our allies across the world, and causing devastation to people here at home,” said Diane Kolifrath, 64, who travelled with 100 others from New Hampshire to protest in Washington. “They’re gutting our government.”
06.04 / 01:33
UPS
MET
Waters
Parke
Celebrity
Traffic
Massive turnout at Ayodhya’s Ram temple: Devotees take holy dip, witness Surya Tilak on Ram Navami
Ayodhya became the spiritual epicentre of India. Tens of thousands of devotees poured into the temple town to mark Ram Navami, the birthday of Lord Ram, with devotion, prayer and celebration. The day began with ritual baths in the Saryu River, a tradition followed by pilgrims before entering the Ram Janmabhoomi Temple. The temple itself had been transformed into a visual spectacle—bright lights, intricate flower arrangements and chants filled the air. A devotee at the site said, “…I am feeling very good after coming here… The arrangements here are very good…” Another, who travelled from Varanasi, shared, “I have come from Varanasi to offer prayers at Shri Ram Janmabhoomi Temple on the occasion of Ram Navami…”
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