UPS Financial News

Nationally leading mortgage rates didn’t budge this week, with one exception. TD Bank’s sensational uninsured variable-rate offer ended, nudging up the lowest nationally advertised variable rate from 6.19 per cent to 6.35 per cent (benchmark prime minus 0.85 per cent).

The Supreme Court on Friday sought a response from the Election Commission of India (ECI) within a week on a plea by an NGO seeking a direction to upload polling station-wise voter turnout data on its website within 48 hours of the conclusion of polling for each phase of the Lok Sabha elections, reports Bar and Bench.

For the nation’s bicycle shops, the past few years have probably felt like the business version of the Tour de France

Rajnath Singh on Friday asserted that Pakistan Occupied Kashmir «was, is and will remain ours» while also hitting out at the opposition parties for raking up the China issue. Accusing the opposition parties of spreading confusion on the China issue, he said, «India has not lost anything. We will not let India lose anything. Talks are ongoing… we are confident that a solution will be found.» Addressing an election rally in Ballia's Sikandarpur in support of the BJP's Salempur candidate Ravindra Kushwaha, Singh also asserted, «Pakistan Occupied Kashmir was ours, is ours and will remain ours.» He claimed that after four phases of elections, political analysts not only in India but across the world believe that the BJP is going to form the government by winning more than 400 seats.

ministry of skills development and entrepreneurship has proposed blending of digital content into classroom learning using digital tools and resources as part of its trainer development strategy for skilling, developed by the Future Right Skills Network (FRSN). “To cater to the vision of a Viksit Bharat 2047, the ministry has laid out a roadmap where trainers from short-term and long-term skilling ecosystems will be equipped with the right skills and technology to help learners participate in the future market,” MSDE said in a statement issued on Friday. Besides, it has laid out a blueprint to improve the efficiency of existing trainers through recognition, performance evaluation, motivation, and up-skilling.

BJP alleged on Friday that Delhi Chief Minister Arvind Kejriwal should be held directly responsible for the reported attack on AAP Rajya Sabha member Swati Maliwal and questioned his silence on the issue. The party said instead of taking action against his aide and accused Bibhav Kumar, Kejriwal is moving around with him. In an interaction with the media, Finance Minister Nirmala Sitharaman described the alleged attack on Maliwal as “unbelievable and unacceptable” and wondered how the chief minister could be expected to protect the women of Delhi if his own MP who was also the Delhi Commission for Women chief. “Kejriwal has not spoken a single word till today. No comparison can be made between this case and other assaults on women. It took place in the chief minister’s own house, when the chief minister was present and by a man who is considered the right hand of the chief minister. The Delhi Commission for Women chairperson was attacked. The Delhi CM does not have the confidence to make a statement. He should apologise,” Sitharaman said.

PTI quoting Jaiswal. Jaiswal also said that the Union Territories of Jammu, Ladakh and Kashmir are an inseparable part of India and will always be, reported ANI. Earlier in the day, External Affairs Minister S Jaishankar said that the tolerance for any cross-border terrorism is very low and added," If they wind down this (terror) industry they have created, then people will treat them as normal neighbours.

As major cryptocurrencies look to end the week on a strong footing, with Bitcoin (BTC) looking to push above a key short-term resistance zone, traders are parsing through their options in the altcoin market that might be the best crypto to buy now.

San Francisco-based RIA Robertson Stephens has announced another move broadening its footprint in the Western US.

rally in northeast Delhi on Saturday, the local police has beefed up security near the rally ground and slated a deployment of a 2,000-personnel strong force on the day. Delhi Police Commissioner Sanjay Arora, along with other senior officers on Friday visited the northeast district and took stock of the security arrangements. A senior officer said Modi is likely to arrive at the rally site by a chopper after addressing another election rally in Sonipat in Haryana. «Meetings were done with other agencies responsible for the PM's security. We are identifying buildings and trees on all possible routes where police personnel can be deployed to keep a strict vigil on all activities,» the officer said.

Infinix GT 20 Pro is equipped with the MediaTek Dimensity 8200 Ultimate processor and offers up to 12GB of RAM. A highlight of the device is its 108MP triple rear camera system. Designed with gamers in mind, the phone features a "cyber mecha" aesthetic and includes a specialized X5 Turbo gaming chip.

JSW Steel has guided for further growth in its sales volume in the current fiscal after its consolidated steel sales were at an all-time high of 24.78 million tonne in 2023-24 (Apr-Mar), up 11% as compared to the previous year. The country’s largest steel-maker has guided for consolidated steel production of 28.40 million tonne, and saleable steel sales of 27 million tonne this year. “Rising utilisation levels and healthy balance sheets are expected to boost private capex, with investments in energy transition and the government’s Production-Linked Incentive scheme adding tailwinds,” the company said in its outlook. “The outlook for both public and private housing, as well as the auto sector, remains favourable”.

average age of Indian consumers of cars, premium smartphones and large televisions has dropped by up to seven years in the past 5-6 years, reflecting a major shift in consumer buying pattern towards younger demographics. Top car makers such as Maruti Suzuki, Hyundai Motor and Mercedes-Benz say the average buying age, including for luxury vehicles, has fallen from the 40s to almost mid-30s between 2018-19 to 2023-24. Companies said over 70% of electric cars are currently bought by those in their 20s and 30s. In the same period, the average age for Apple iPhone buyers has declined from 33-34 to 28-29 and for large screen televisions (size 55-inches and upwards) from 35-36 years to 29-30, as per industry estimates. Similar is the case with frost-free refrigerators and dishwashers.

GameStop slumped 24% on Friday, after the struggling videogame retailer said it would sell up to 45 million shares, taking advantage of the meme stocks frenzy that took hold this week. The Grapevine, Texas-based firm logged its highest trading volume in three years so far this week, following a series of posts from Keith Gill's X account "Roaring Kitty", whose bullish calls on GameStop were a reason for the 2021 meme-stock frenzy.

education through a robust credit framework that will allow portability to millions of youth while making skills aspirational, skills development secretary Atul Kumar Tiwari said on Friday. Addressing a session at the Confederation of Indian Industry’s Annual Business Summit 2024, Tiwari said the idea is to bring skilling and education on a common platform so that they can be threaded together, they can be seen together and they can be made portable. “It also gives a certain aspiration value to skilling besides allowing multiple entry and exits between education, skilling and employment through credits which help individuals scale up in their careers,” Tiwari said.

Angel One Ltd, a prominent fintech brokerage in India, has announced the launch of Fin One, a digital-first initiative set to transform financial literacy for a billion Indians.

Question: Kindly guide us on the tax benefits associated with making contributions and withdrawal to/from the National Pension System.

Also Read: 'I am handing over my son to you, Rahul won't disappoint you': Sonia Gandhi makes emotional pitch in Raebareli On May 16, Prime Minister Narendra Modi remarked that after the announcement of Lok Sabha results on June 4, opposition's INDIA bloc will get scattered "Khatakhat, Khatakhat, Khatakhat". "Somebody make them understand that the people of Raebareli will send them home--khata khat, khata khat.

Canadians hitting the road this May long weekend won’t need to worry too much about a big jump at the gas pump before making their trip, but analysts say those hoping for a drop likely won’t see one, either.

CoreWeave, an artificial-intelligence cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors including Blackstone, Carlyle Group and BlackRock in one of the largest-ever private debt financings. The new debt financing follows a $1.1 billion equity funding round two weeks ago that valued the fast-growing company at $19 billion.

Earbuds offer impressive features for music lovers on the go. With a massive 40 hours of playtime and fast charging, these earbuds ensure you stay connected all day. The customizable bass, thanks to the JBL Headphones App, lets you tailor your listening experience.