UPS Financial News
03.04 / 02:43
markets
COST
UPS
FIVE
Digital
Platform
International
Indian insurtech startups look overseas as AI reshapes global insurance
Subscribe to enjoy similar stories. MUMBAI : India’s insurtech startups are no longer content with the domestic market. Facing intensifying competition at home and comparatively smaller transaction sizes, these firms are aggressively expanding into West Asia, Southeast Asia, and Europe—regions where insurers are ramping up digital adoption and willing to pay more for advanced tech solutions.
03.04 / 02:23
markets
UPS
Manufacturing
Apple
Trade
President
country
Trump tariffs aim to bring down curtain on era of globalization
Subscribe to enjoy similar stories. President Trump’s biggest tariff blitz yet sends a clear message to U.S. and foreign companies alike: The era of globalization is over.
03.04 / 02:11
03.04 / 02:11
UPS
film
RAI
performer
Features
Both Aamir Khan and Kajol wanted to play this iconic Shah Rukh Khan role. 'Aamir turned up at our office, gloves in hand', recalls director
Mansoor Khan directorial, which hit the theatres in 2000, featured Khan and Rai as siblings and was an unofficial adaptation of the 1961 American musical ‘West Side Story.’ The movie went on to become a modest success at the box-office, and Shah Rukh received critical acclaim for his performance as Max Dias, a delinquent youth who leads a gang. In an interview with PTI, Mansoor Khan revealed that his cousin, superstar Aamir Khan, was initially supposed to be a part of the movie, but he backed out when his wish to step into the shoes of Max was declined. Mansoor revealed that Aamir was offered to play the role of Aishwarya’s love interest, Rahul, which he turned down.
03.04 / 02:11
markets
UPS
Target
Trade
War
country
Dollar slides as traders rush into safe havens after US tariffs
Trump said he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners. The tariffs will take effect on April 9 and appeared to target about 60 countries.
03.04 / 02:11
markets
UPS
economy
Tesla
Trade
President
reports
Wall Street ends up, but Trump tariff speech sends futures lower
Trump began speaking after Wall Street closed, and both S&P 500 futures and Nasdaq futures reversed gains as investors blanched at his sweeping tariff plans. S&P 500 futures were 1.6% lower as he spoke, with Nasdaq futures down 2.4%.
03.04 / 02:11
markets
UPS
CEO
economy
Trade
War
country
Trump's tariffs send markets reeling, amid trade war and recession fears
global markets amid worries the aggressive duties will slow growth, hit corporate earnings and stoke inflation, with one analyst calling the move markets' «worst-case scenario.» Global markets have been whiplashed since Trump took office and kept up a stream of rhetoric that threatened to unleash a global trade war. Trump's new levies crystallized those fears.
03.04 / 02:11
UPS
economy
Research
Trade
President
country
reports
Trump's 26% tariffs on India: Pressure on PM Modi & is New Delhi ready for the impact?
The Trump administration imposed a 26% tariff on imports from India, which is slightly higher than the 20% levy for the European Union, the 24% for Japan and the 25% for South Korea. China was hit with one the highest rates for a major US trading partner and now faces a tariff of at least 54% on many goods. The tariffs are a setback for the Indian government, which had sought to ward off the new levies by rolling out sweeping concessions on issues central to Trump’s agenda. During a visit to Washington by Prime Minister Narendra Modi in February, the two nations agreed to work toward a trade pact this year. ALSO READ: India to face 'discounted' 26% tariff from US; Trump slaps 34% on China “India, very, very tough. Very, very tough,” Trump said at a news event at the White House on Wednesday to announce the tariffs. “The prime minister just left, and he’s a great friend of mine. But I said, you’re a friend of mine, but you’re not treating us right. They charge us 52%.”
03.04 / 01:43
UPS
ByteDance
TikTok
President
reports
Videos
OnlyFans founder, crypto foundation submit late-stage bid to buy TikTok
OnlyFans, has partnered with a cryptocurrency foundation to submit a late-stage plan to acquire short video app TikTok from Chinese owner ByteDance, the two said on Wednesday. The intent to bid was sent this week to the White House by Zoop, billionaire Stokely's new company, and the Hbar Foundation, which manages the Hedera cryptocurrency network's treasury. While OnlyFans is known mainly for pornography, Zoop is mainstream and family-friendly, and gives back the majority of its revenue to those who post on the site, rewarding them for driving up user engagement.
03.04 / 01:43
markets
UPS
Manufacturing
economy
Trade
President
country
Trump says global trade is unfair. Does he have a point?
Trump has accused America's trading partners of undermining the United States for decades, saying they have engaged in unfair trade practices to steal the country's wealth and enrich their own economies. He has set his sights on not only adversaries like China, but also traditional allies like Canada and Europe. And he has complained about a number of factors, including high tariffs that other countries charge American products, and persistent trade deficits the United States has with foreign countries. Trump has promised to correct this situation Wednesday, when he announces expansive tariffs on foreign products that he says will level the playing field. In some cases, there's truth to the president's claim that the United States offers its trading partners more favorable terms than it often gets in return. As a proponent of free markets, the United States has long been more open to trade than many countries globally. That has encouraged the United States to rely on imports of many critical goods, like semiconductors and pharmaceuticals, instead of manufacturing them itself. And some countries do have tough trade barriers to U.S. exports, or economic policies that distort global markets — particularly China, which has flooded the world with manufactured goods. Still, trade experts say that Trump's claims include a heavy dose of exaggeration, as well as hypocrisy.
03.04 / 01:43
UPS
Cooper
pandemic
reports
International
Stocks in news: Airtel, HDFC Bank, Macrotech Developers, Hindustan Copper, Hindustan Zinc
Airtel, HDFC Bank, Macrotech Developers, Maruti Suzuki, Hindustan Zinc among others will be in focus due to various news developments. SpiceJet SpiceJet, which had regular flights to Nepal before the Covid pandemic, has received scheduled approval and slots from Kathmandu's Tribhuvan International Airport (TIA).
03.04 / 00:53
markets
UPS
Target
trends
Trade
show
recommendations
Three stocks recommended by Ankush Bajaj that are ready to surge
Subscribe to enjoy similar stories. NMDC Ltd: Buy at ₹70.20 | Target ₹76-78 | Stop loss ₹67 The stock has given a falling wedge pattern breakout with strong volumes (on daily chart). Additionally, the Relative Strength Index (RSI) is above the 60 level, suggesting that the momentum is likely to continue.
03.04 / 00:53
UPS
Manufacturing
Gap
Analysis
IBM
country
electronic
TCS, IBM, Applied Materials, KLA in race to modernize India’s state chip unit
Subscribe to enjoy similar stories. Plans to upgrade India’s lone state-owned chip fabrication unit have picked up pace, with the Centre meeting 35 companies last month in a bid to evaluate their roles in a potential deal that is worth ₹4,000 crore.
03.04 / 00:53
markets
UPS
FIVE
Manufacturing
Research
hospital
patient
Wockhardt pins US future on novel antibiotics, vacating US generics biz
Subscribe to enjoy similar stories. Wockhardt Ltd that built its name as a maker of generic drugs is shifting its focus in the US market to developing new antibiotics, turning away from generics and entering a space largely vacated by Big Pharma in recent years. The company is working on new antibiotics and has identified segments for a push into biosimilar drugs, chairman Habil Khorakiwala said, in the wake of promising results shown by Zaynich, an antibiotic it developed in-house.
03.04 / 00:53
markets
UPS
Provident
Platform
FLEX
Research
Flexible workspace providers see higher demand from AI firms
Subscribe to enjoy similar stories. Bengaluru: Flexible workspace providers are seeing higher demand for office space from artificial intelligence companies and AI-first businesses, with a bulk of the leasing happening in Bengaluru, Pune, and Hyderabad. Flex office operators such as WeWork India, IndiQube, Table Space, Incuspaze and others have signed on AI firms as tenants for 50-700 seats in their centres.
03.04 / 00:53
markets
COST
UPS
economy
Trade
War
country
Trump’s new protectionist age
Subscribe to enjoy similar stories. President Trump unveiled his new “liberation day" tariffs on Wednesday, and they are another large step toward a new old era of trade protectionism. Assuming the policy sticks—and we hope it doesn’t—the effort amounts to an attempt to remake the U.S.
02.04 / 21:11
UPS
Target
Reuters
Trade
reports
gatherings
Donald Trump confirms 25% auto tariffs on all foreign made automobiles
Beginning April 3, the US would levy a 25% tariff on fully assembled cars from India. By May 3, similar tariffs were expected on auto parts, raising concerns in India’s auto sector, which is one of the country’s largest exporters to the US. Announced during the “Make America Wealthy Again” event, the tariffs were part of Trump’s broader "Fair and Reciprocal Plan," under which the US would impose tariffs equivalent to those levied by other nations on US goods. On March 26, Trump officially announced the imposition of 25% tariffs on foreign-made cars and auto parts. These tariffs were set to go into effect on April 2, targeting a critical sector that includes exports of fully assembled vehicles and auto components. The impact of these tariffs is particularly concerning for India.
02.04 / 17:23
02.04 / 17:23
UPS
Racing
Nintendo
track
exclusive
reports
Features
Nintendo introduces Mario Kart World for Switch 2: Here's all you can expect
Mario Kart World was unveiled during the Nintendo Switch 2 Direct livestream on Wednesday, April 2, giving a sneak peak into what gamers can expect from the upcoming title. The game will be released exclusively on the newly introduced Nintendo Switch 2 as a launch title for the system. However, players will not be able to play the game on the original Switch, Forbes reported.
02.04 / 15:55
UPS
WhatsApp
information
reports
Updates
Adani Ports update: Co reports 9% YoY jump in March cargo volume
Adani Ports and Special Economic Zone (APSEZ) on Wednesday reported a 9% year-on-year jump in its March cargo volume at 41.5 MMT led by containers and liquids & gas, the company informed exchanges on Wednesday, while claiming the feat as its highest ever. «APSEZ handles all-time high cargo volume in Mar’25; Mundra becomes the first Indian port ever to cross 200 MMT annual cargo volume,» the filing said.
02.04 / 14:21
UPS
Manufacturing
Strategy
Pfizer
Trade
country
Pharmaceuticals
How Trump’s tariffs could upend pharma’s overseas tax strategy
Subscribe to enjoy similar stories. Pfizer in 2019 sold $20 billion of drugs in the U.S. Its federal tax bill? Zero.
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