UPS Financial News

04.04 / 13:09
UPS Apple Puzzle audience Equality Investigations NYT Mini Crossword Answers April 4, 2025: Hints to solve the Friday puzzle
Among them, the NYT Mini Crossword holds a special place, offering a condensed but equally challenging version of the iconic NYT Crossword. Unlike its larger counterpart, which is available to paid subscribers, the NYT Mini Crossword is a compact, fast-paced alternative enjoyed by a broad audience. As players tackle the latest puzzle on Friday, April 4, 2025, those in need of assistance can find hints and answers below. To avoid spoilers, the hints are listed first, followed by the full solutions.
04.04 / 12:33
UPS Food pandemic President Inside Traffic More people are bringing lunch to work. That’s a bad economic indicator.
Subscribe to enjoy similar stories. Office fridges are getting crowded with employee lunches. Inside the office fridge, maybe behind a “Don’t Touch!" Post-it Note, is a telling economic indicator: More employees are eating lunches brought from home than they have in years.
04.04 / 12:33
UPS Food community dance rave Going sober? Meet the communities that make giving up drinking fun
Subscribe to enjoy similar stories. On a recent Friday night in Bengaluru, Green Theory, a cafe that serves plant-based food and drinks, turned into a retro-futuristic space for a silent music party. As neon lights shimmered and kitschy visuals reminiscent of 1970s movie posters played on transparent curtains, a crowd of around 100 headphones-clad youngsters moved to lo-fi disco music spun by DJ Joel Sakkari on the console.
04.04 / 11:25
COST UPS Platform security hospital patient The bad side-effects of China’s campaign to cut drug costs
Subscribe to enjoy similar stories. ANAESTHETICS THAT don’t put patients to sleep. Laxatives that fail to clear bowels.
04.04 / 11:15
markets UPS IPO WhatsApp show cover Swastika Infra files IPO papers with Sebi; aims to raise Rs 200-cr via fresh issue
distribution, infrastructure projects, has filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an Initial Public Offering (IPO). The Jaipur-based company's IPO is a combination of a fresh issue of shares worth Rs 200 crore and an Offer For Sale (OFS) of 19.2 lakh shares by promoters and other shareholders, according to the Draft Red Herring Prospectus (DRHP). The company is looking to mop up Rs 40 crore in the pre-IPO round, and if such placement is completed, the fresh issue size will be reduced.
04.04 / 11:15
COST UPS security Apple President country Features A $2,300 Apple iPhone? Donald Trump tariffs could make that happen
US President Donald Trump imposed a series of sweeping tariffs on countries around the world that could drastically alter the landscape of global trade, and consumer goods like iPhones could be among the hardest hit, analysts said on Thursday, with increases of 30% to 40% if the company were to pass on the cost to consumers. Most iPhones are still made in China, which was hit with a 54% tariff. If those levies persist, Apple has a tough choice: absorb the extra expense or pass it on to customers.
04.04 / 10:49
markets UPS wellness Trade Cycling Rupee ends tariff-singed week a tad stronger as dollar falters
The rupee closed at 85.2350 against the U.S. dollar, ending stronger on the day and up 0.3% on the week, adding to a 2% gain over the last fortnight.
04.04 / 10:49
UPS Manufacturing security WhatsApp Justice Courts Bankruptcy court okays Vadraj Cement’s acquisition by Nuvoco Vistas Corp
cement maker Nuvoco Vistas Corp Ltd. Gujarat-based Vadraj Cement, formerly owned by ABG Shipyard, has admitted liabilities of Rs 9,633 crore, while the successful bidder’s plan proposes to pay about Rs 1,800 crore to acquire the company through the bankruptcy process. “No orders levying any tax, demand or penalty from the corporate debtor (Vadraj Cement) in relation to the period up to approval of the resolution plan shall be passed by any authority and such demand, if created, shall not enforceable as having extinguished in terms of approved resolution plan,” said the division bench of Justice VG Bisht and technical member Prabhat Kumar in its order of April 1.
04.04 / 10:49
COST UPS Sustainability wellness travelers Nikhil Kamath buys shoes online. After delivery, Zerodha founder thinks about India's GDP, wages, and offline vs online
Nikhil Kamath shared his thoughts on the growing focus on delivery speed and sustainability as India's GDP per capita and wages increase. He questioned whether delivery wages would remain viable if GDP per capita reached $5,000. Reflecting on consumer behavior, he recounted buying a pair of expensive shoes via quick commerce while traveling. The shoes didn’t fit well, making him regret the purchase. He wondered if there was a limit to average order value and how many consumers in India would forgo in-store experiences for high-value goods. He believes, “Commodity is different from brand.” He used the dabbawalas as an example of an efficient, low-cost delivery system and wondered if modern quick-commerce companies (like those delivering groceries or shoes in 10 minutes) can learn from them as India grows richer and delivery costs rise.
04.04 / 10:17
markets UPS Coronavirus pandemic President country diving Brent slides over 3%, hits lowest level since 2021
Oil prices were heading towards their lowest close since the midst of the coronavirus pandemic in 2021 on Friday, hit by U.S. President Donald Trump's barrage of new tariffs and output increases announced by the OPEC+ producer group. Brent futures plummeted by $2.29, or 3.3%, to $67.85 a barrel by 0948 GMT. U.S. West Texas Intermediate crude futures dived by $2.32, or 3.5%, to $64.63.
04.04 / 10:17
UPS Citizens security community information Investigations Rise in incidents of Hindu temples being defaced with anti-India graffiti in US: MEA
Ministry of External Affairs (MEA) on Friday said there has been a rise in the number of instances of the Hindu temples being defaced with anti-India graffiti in the US in recent months. This information was shared by Union Minister of State for External Affairs Kirti Vardhan Singh in response to a written question in the Lok Sabha about the steps taken by the government to protect the Hindu temples in the US. «In recent months, there has been a rise in the number of instances of Hindu temples being defaced with anti-India graffiti in the United States of America,» he said. Singh said the government of India «accords highest priority to the welfare, safety and security of Indian citizens and the Indian community abroad». «All incidents of attack and vandalization of temples and places of worship are immediately taken up with the host government through diplomatic channels,» he added.
04.04 / 10:17
UPS Provident wellness Bill PPF deposit: You can earn this much EXTRA tax free interest on PPF by depositing before April 5
Public Provident Fund (PPF), especially those who have opted for the new tax regime in FY 2025-26. The new tax regime has become more attractive than the old tax regime for a large number of taxpayers, as the new regime allows for zero tax payable on income of up to Rs 12 lakh. However, you must not forget that the interest income from PPF investments, as well as the maturity amount, are exempt from taxes. Your PPF investments should, therefore, continue at the maximum level permitted (Rs 1.5 lakh per FY), even if you opt for the new tax regime for FY 2025-26. This will help you earn tax-free interest while also keeping the PPF account active.
04.04 / 09:53
markets UPS Target Research wellness exclusive fun Fashionably late: Consumption hype skirts Go Fashion stores as wait for pick-up in discretionary spending continues
Subscribe to enjoy similar stories. While many fund managers have hyped up discretionary consumption stocks, Go Fashion (India) Ltd has nosedived 46% in the past six months. The stock is also 47% below its listing price of ₹1,310 on the NSE in November 2021.
04.04 / 09:31
UPS Bill reports recommendations Waqf Bill: Huge protests in Kolkata, Chennai and Ahmedabad after Parliament's nod
The Waqf Amendment Bill, recently passed by Parliament, sparked debates, with several groups opposing it on legal and religious grounds. Parliament passed the Waqf Amendment Bill in the early hours of Friday after a marathon and heated debate. Rajya Sabha sat beyond midnight to pass the legislation. Chairman Jagdeep Dhankhar said, «Ayes 128 and Noes 95, Absent zero. The Bill is passed.» Lok Sabha, which took up discussion on the Waqf (Amendment) Bill on Wednesday, passed it past midnight after a marathon debate. The government introduced the revised bill after incorporating the recommendations of the Joint Parliamentary Committee, which examined the legislation introduced in August last year. The bill seeks to amend the Act of 1995 and improve the administration and management of Waqf properties in India.
04.04 / 08:37
markets COST UPS Manufacturing Trade country rights Reciprocal tariffs: Should India respond to Trump’s move at all?
Subscribe to enjoy similar stories. On Thursday, the Office of the United States Trade Representative (USTR) published the formula by which US reciprocal tariffs are to be calculated. The New York Times also published what calculation resulted in country-wise tariffs from 9 April onwards that range in a wide band.
04.04 / 08:37
markets UPS economy President Universities electronic Schools Americans rush to buy TVs, soy sauce, Lululemon workout gear
Subscribe to enjoy similar stories. Since President Trump announced sweeping tariffs on imported goods Wednesday, Americans have been busy “adding to cart." Cedar Roach promptly checked out on $244 of workout sets from Lululemon (a Canadian brand) and a $150 sweater from House of Sunny (a U.K. brand) while Trump’s press conference played over the radio.
04.04 / 08:21
UPS FIVE Platform Netflix students social Gaurav Gogoi refers to 'Adolescence', seeks debate on social media impact on mental health of youth
Gaurav Gogoi has highlighted the effect of social media on the mental health of the youth post-pandemic and sought a debate in Lok Sabha on the subject. Raising the issue in the House on Thursday, Gogoi also referred to the Netflix series 'Adolescence', which highlighted the issue, along with the rise of online influencers promoting toxic masculinity. Gogoi said mental health issues, exacerbated by growing dependence on online platforms post-pandemic, have become a growing concern among Indian youths. The Congress deputy leader in Lok Sabha said due to the social media impact, stress has been increasing, anxiety is going up and all these have affected the mental health of the youth in a big way.
04.04 / 08:21
UPS Trade President War show country US revises down reciprocal tariff on India to 26% from 27%
reciprocal tariffs for India to 26% from 27% announced a day before. Revisions have been made for atleast 14 countries including South Korea, Norway, South Africa and Thailand. As per a White House document, India’s reciprocal tariff was originally listed at 27%, as against the 26% that US president Donald Trump had shown during the announcement on April 2. However, the latest annex document shows that the tariffs have been revised down to 26%. The US’ trading partners will be subject to a global 10% tariff on April 5, after which only the countries listed in the annex would have their rates elevated to the revised numbers. Around 60 countries have been slapped with reciprocal tariffs. The measures announced by the US could lead to an overall contraction of around 1% in global merchandise trade volumes this year, the World Trade Organization (WTO) said Thursday.
04.04 / 08:21
UPS Election WhatsApp Bill President Fifth JD(U) leader resigns over party's support for Waqf Amendment Bill
Nadeem Akhtar, another JD(U) leader resigned from the party making him the fifth member to leave over the party's support for the Waqf Amendment Bill. His resignation follows that of four other leaders, including JD(U) leader Raju Nayyar, Tabrez Siddiqui Alig, Mohammad Shahnawaz Malik and Mohammed Kasim Ansari. Earlier, JD(U) leader Raju Nayyar wrote in his resignation, «I resign from JD(U) after Waqf Amendment Bill is passed and supported in the Lok Sabha.» He went on to express his deep disappointment with the party, stating, «I am deeply hurt by the JD(U) voting in favour of this black law, which oppresses Muslims.» «I resign from the post of former state secretary of JD(U) youth and primary membership of the party. I request to send a letter to the Honorable CM Nitish Kumar and relieve me from all responsibilities,» he added.
04.04 / 07:35
UPS Fighting President War show Russia accused by Britain and France of delaying ceasefire talks, say Putin 'owes' the US an answer
Vladimir Putin of dragging his feet in ceasefire talks to bring a halt to fighting in Ukraine and ramped up pressure on Moscow by insisting that he owes the United States an immediate answer. Russia has effectively rejected a U.S. proposal for a full and immediate 30-day halt in the fighting after a Kremlin official said on Monday that Moscow views efforts to end its three-year war with Ukraine as «a drawn-out process.» «Our judgment is that Putin continues to obfuscate, continues to drag his feet,» British Foreign Secretary David Lammy told reporters at NATO headquarters, standing alongside his French counterpart Jean-Noel Barrot in a symbolic show of unity. Britain and France are helping to lead a multinational effort known as the «coalition of the willing» to set up a force to police any future peace in Ukraine. Lammy said that while Putin should be accepting a ceasefire, «he continues to bombard Ukraine. It's civilian population. It's energy supplies. We see you, Vladimir Putin. We know what you are doing.»

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