UPS Financial News

Tuesday, May 21, 2024- As Sealana’s (SEAL) presale passes the $2 million mark, the Solana-based meme coin is poised to become the next crypto to explode in value.

As the Fantom (FTM) price climbs to new monthly highs, investors are asking whether it might be too late to buy Fantom.

Nobel laureate in economics Paul Krugman said it’s entirely unclear where interest-rate levels are headed over the medium term, with arguments in favor of both a return to pre-pandemic levels and a higher-for-longer outcome.

Just as the Securities and Exchange Commission is sharpening its focus on cybersecurity breaches at broker dealers and registered investment advisors, Interactive Brokers is reporting private client information has been targeted.

Tyson Fury's bout against Oleksandr Usyk has become talk of the town and now the 'The Gypsy King' is ready for the next fight. Fury lost aginst Usyk in a split decision which dealt a blow to the former's chances of becoming undisputed heavyweight champion. Now Fury's promoter Frank Warren has claimed that there will be a rematch against Oleksandr Usyk and they were pushing for the bout to take place in Saudi Arabia in October this year, as per SportsBible report.

Bolvin Wealth Management Group President Gina Bolvin discusses the move in commodities, expected inflation data, the housing industry and her outlook for consumers.

Bolvin Wealth Management Group President Gina Bolvin discusses the move in commodities, expected inflation data, the housing industry and her outlook for consumers.

The price of ether (ETH), which is the native cryptocurrency of the Ethereum network, rallied as much as 20% early Tuesday before giving up some of the gains amid renewed hope for the approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC).

Eris Lifesciences on Tuesday reported 29.5% jump in net profit to Rs 80 crore in Q4FY24 led by growth in sales of the domestic formulation business. The Ahmedabad-based drug maker reported net profit of Rs 61.5 crore during the corresponding quarter of the previous year.

Awfis Space Solutions Ltd on Tuesday said it has mobilised a little over Rs 268 crore from anchor investors a day before its initial share-sale opening for public subscription. The company has allotted 70.13 lakh equity shares to 32 funds at Rs 383 apiece, which is also the upper end of the price band, according to a circular uploaded on BSE's website. At this price, the firm has collected Rs 268.61 crore, it added.

trade agreement is hopefully not far on the horizon as it will offer immense opportunity to be leveraged within the bilateral partnership, said the new chair of a trade council that has played a key role in shaping the ongoing negotiations. UK-based tech professional Priya Guha, who invests in women-led innovation as Venture Partner of Merian Ventures, took over as chair of the Federation of Indian Chambers of Commerce and Industry (FICCI) UK Council from Baroness Usha Prashar at a hand-over ceremony at the High Commission of India in London on Monday evening. The India-UK Free Trade Agreement (FTA) negotiations opened in January 2022 and are aimed at significantly enhancing bilateral trade — currently worth around GBP 38.1 billion a year. The negotiations are now in their fourteenth round of talks, and likely to pick up pace following the Indian general election.

Unemployment data edges up and wage growth persists despite a recent cooldown with the  Office for National Statistics revealing that the UK unemployment rate rose to 4.3% in the first quarter, up from 3.8% during the last three months of 2023. Mehta similarly argued the US economy is «not out of the woods» yet, after the Federal Reserve decided this keep interest rates steady this month as inflation persisted. In April, US inflation dropped to 3.4%, down from 3.5% the previous month, prompting bets on interest rate cuts later this year. US inflation drops to 3.4% in April Mehta...

The SHIB price has raised 7.55% in the past 24 hours, increasing to $0.000026. This comes as the crypto market as a whole has experienced a surge.

Plant Based Foods Industry Association (PBFIA) on Tuesday urged the Food Safety and Standards Authority of India (FSSAI) to ease restrictions on the use of the term «milk» on packaging. Speaking at a summit here, PBFIA Executive Director Sanjay Sethi requested the FSSAI to allow uniform nomenclature, despite the current «this is not dairy» disclaimer on cartons, a statement said. Sethi called for FSSAI's chief executive officer (CEO) to engage with the industry, exchange ideas and foster collaboration to support startups and product innovation against bigger players. He proposed setting up "Plant Protein Clusters" across states to facilitate collaboration between institutes, startups and the government.

government has issued mandatory quality norms for asbestos or fibre cement-based products to curb the import of sub-standard goods and boost domestic manufacturing. A notification 'Asbestos or Fibre Cement based Products (Quality Control) Order, 2024 ' was issued in this regard by the Department for Promotion of Industry and Internal Trade (DPIIT) on March 6 this year. Under these orders, items cannot be produced, sold, traded, imported and stocked unless they bear the Bureau of Indian Standards (BIS) mark. «It shall come into force on the expiry of six months from the date of publication of this notification in the Official Gazette,» the DPIIT notification said.

cryptocurrency, Ethereum, surged 22% to $3,772 in the last 24 hours by 7:30 pm IST on Tuesday. This upward movement propelled Ethereum's market cap to $453.2 billion. The surge in the cryptocurrency comes amid speculation about the outcome of applications for US spot exchange-traded funds (ETFs) tracking the world's second-biggest cryptocurrency.

State Government has written to the ministry of external affairs (MEA) seeking cancellation of the diplomatic passport issued to Hassan MP Prajwal Revanna for dodging summons from the special investigation team (SIT) probing complaints of sexual abuse of women, against him. The letter follows a special court issuing an arrest warrant against him, Home Minister G Parameshwara said on Tuesday. The first-time MP is seeking reelection from Hassan as an NDA candidate, and fled the country a day after the April 26 polls.

They also facilitate better airflow, preventing your laptop from overheating during long hours of use. From sleek, portable designs to sturdy, adjustable models, these stands cater to various needs, making them ideal for professionals, students, and casual users alike. So, join us as we explore the top laptop stands that combine functionality, style, and durability to transform your workspace.

₹8,600 crore and its loan book stands at around ₹59,698 crore. In FY24, the company disbursed around ₹25,089 crore, higher from ₹21,639 crore in FY23. The CMD said that in FY25, the loan disbursement would be over ₹30,000 crore.

Waverly Advisors has just expanded its reach in the Southeast as it welcomes an investment advisory practice in Georgia.

Modern Wealth is celebrating its first anniversary with an additional $570 million in assets as it scoops up two firms in the east.