UPS Financial News

Donald Trump's reciprocal tariffs, drinks industry bodies said on Thursday. Trump's latest round of sweeping global and country-specific tariffs was set to hit everything from the popular negroni cocktail, based on Italy's Campari liqueur, to Guinness beer, made by the world's top spirits producer Diageo. He also introduced a 25% levy on all beer imports and added beer cans to existing aluminium tariffs, hitting labels, such as Mexican-made Corona and Dutch Heineken. Many categories of drinks, such as champagne or Scotch whisky, have to be made in specific countries or regions and cannot move production.

Trump's proposed reciprocal tariffs, investors may be wise to reconsider their asset allocation strategies. According to Krishna Memani, seasoned market strategist and fixed income expert, bonds currently offer better value than equities, especially in an environment where uncertainty is climbing and valuations are stretched.

In the July 2024 Union budget, a new category was added to an already humongous list of payments that attract tax deduction at source, or TDS: the payment of salary, remuneration, bonus, commission, and interest by a partnership firm to its partners.

Subscribe to enjoy similar stories. Hindalco Industries Ltd’s investor day made one thing clear—the metals giant is going all in on scale and efficiency. With a $10 billion capex plan split between India and subsidiary Novelis Inc.

Subscribe to enjoy similar stories. The Indian capital market’s regulatory regime has seen fast-paced reforms in areas of operational-risk management such as contract settlement cycles, public offer processes, and so on. In several areas, the market has moved appreciably ahead of the expected curve of evolution, even if compared to capital markets in developed economies.

Subscribe to enjoy similar stories. At 11:49 a.m. on July 18, North Korean hackers pounced on a major cryptocurrency exchange handling hundreds of millions of dollars.

Subscribe to enjoy similar stories. The job of rescuing Pepsi-Cola starts very early in the morning for Ram Krishnan. On a recent trip to San Antonio, the head of PepsiCo’s U.S.

Shah said patience and being consistent helped her in losing weight. “3.5 years of consistency can do wonders! I was at 126.5 kg in Oct 2021 and now at 69.7 kg (checked 2 days back). Down by more than 56 KGS!!...” she wrote on X.

Indian exports unviable, while UBS labeled it a “negative event” for the market, citing a direct threat to GDP. While the across-the-board duties threaten to make some exports unviable, the exemption for pharmaceuticals—India’s largest export category to the US—provided a rare bright spot, triggering a rally in Indian drugmaker stocks on Thursday.

Here’s a detailed look at the revised TDS thresholds.

Rajya Sabha, Mallikarjun Kharge, on Thursday termed the allegations levelled against him by Anurag Thakur in the Lok Sabha baseless, saying the remarks damaged his reputation as he dared the BJP MP to prove them or else resign. Raising the issue during Zero Hour in the Rajya Sabha, the Congress president said the BJP MP was compelled to withdraw his defamatory remarks made during the debate on the Waqf Bill in the Lower House. «But the damage has been done,» Kharge said. He also sought an apology from Thakur as well as the Leader of the House in Rajya Sabha, J P Nadda, over the issue. «Yesterday, Anurag Thakur hurled completely false and baseless charges at me in the Lok Sabha. When my colleagues challenged him, he was compelled to withdraw his defamatory remarks. But the damage has been done,» Kharge said.

Subscribe to enjoy similar stories. The global economy has seen more turbulence in recent months than in decades, driven in part by US President Donald Trump’s most potent trade weapon: tariffs. After months of speculation, Washington has finally announced its long-feared tariffs, dealing a fresh blow to India.

Upcoming cars in India)This April 14, Volkswagen is launching the Tiguan R-Line, while the MG Cyberster electric sports car is also set for release. Additionally, Citroen is expected to unveil dark edition versions of models like Basalt, C3 and C3 Aircross this month.

Reliance Industries Ltd (RIL) are expected to be in focus on Thursday, April 3, after the company made two announcements via filings to the stock exchanges. The first announcement states that Reliance has begun construction of its first Compressed Biogas (CBG) plant in Andhra Pradesh, which is part of a larger plan to establish 500 such CBG plants in the region.

“In FY26, investors should be inclined towards investing in categories such as Flexi Cap, Multi Cap, and Large & Mid Cap. These provide the fund managers with an option of maneuvering depending upon the market circumstances as an alternative during volatile times. Excessive exposure in very high-risk categories should be avoided,” recommended Rajesh Minocha, a Certified Financial Planner (CFP), Founder of Financial Radiance Also Read | Technology-based mutual funds lost up to 18% in 2025. Time favourable to allocate more?

liquidity surplus in the banking system, credit growth remains subdued, raising questions about the disconnect between available funds and actual lending activity. In an exclusive interaction with ET Now, Devang Shah of Axis MF offered a comprehensive explanation, pointing to weak demand, delayed policy transmission, and a still-recovering growth cycle as the main reasons behind the current trend. “Credit is a direct multiple of what is the demand scenario. If the demand scenario or the overall growth scenario is weakening, somewhere down the line credit growth starts to look weaker,” Shah said, emphasizing that liquidity alone isn’t enough—economic momentum is essential for lending to pick up.

Investors often set ambitious financial goals, but the key to achieving them lies in strategic planning and disciplined investing. On The Money Show aired on ETNow, Nisreen Mamaji, Founder of MoneyWorks Financial Services, addressed a query from Sailendra Singh, who aims to build a corpus of Rs 2 crore in 10-12 years with a 5% semi-annual SIP step-up.

As per India Cellular and Electronics Association (ICEA), India has emerged favourably placed in the first round of reciprocal tariff announcements, especially compared to key electronics export competitors like China, Vietnam, Thailand, and Indonesia following the extraordinary and relentless efforts by our negotiators and leaders. Read More:Trump's 26% tariffs put pressure on India. Is New Delhi ready for the impact?

RBI rate cut looming, retail investors often find themselves questioning the right time to enter the bond market. But according to Suresh Darak, Founder of Bondbazaar, the best time to invest is now—not later. In an interaction with ETMarkets, Darak emphasized that retail investors shouldn't attempt to time the market like traders. “Retail is not a trader,” he said, adding that unlike mutual funds or institutions that can actively navigate interest rate cycles, individual investors should focus on capital efficiency and steady income.

Maruti Suzuki shares will be in focus on Thursday after the country’s largest carmaker announced a price hike of up to Rs 62,000 across its vehicle range, effective April 8, 2025. Last month, the company had notified the exchanges that it will raise vehicle prices from April by up to 4% to offset rising input costs and operational expenses.

Subscribe to enjoy similar stories. New Delhi: India’s micro, small, and medium enterprises have new definitions that promise to open doors wider for them this financial year as well as improve their chances of securing delayed payments faster.