UPS Financial News

Mint explains why. Banks faced a non-performing asset (NPA) crisis between 2009 and 2012 due to excessive lending to infrastructure firms, prompting the Reserve Bank of India to frame guidelines on resolving stressed assets. Its first circular in 2019 laid down the framework for banks.

Amazon Great Summer Sale 2024: Revamp home entertainment with up to 65% off on TVs from Samsung, Sony, LG and Xiaomi Amazon Summer Sale 2024: Last 2 days left to grab heavy discounts on laptops from Asus, HP, Dell and more, up to 40% off Amazon Great Summer Sale 2024: Access amazing deals with up to 40% off on laptops from brands like Dell, HP, and more Disclaimer: At Livemint, we help you stay up-to-date with the latest trends and products. Mint has an affiliate partnership, so we may get a part of the revenue when you make a purchase. We shall not be liable for any claim under applicable laws, including but not limited to the Consumer Protection Act of 2019, with respect to the products. The products listed in this article are in no particular order of priority.Milestone Alert! Livemint tops charts as the fastest growing news website in the world

iPad Pro (2024) with an 11-inch screen and Wi-Fi connectivity starts at Rs. 99,900, while the top-tier 13-inch model with Wi-Fi + Cellular capability is priced at Rs. 1,49,900.

non-banking financial corporation (NBFC) has launched a fresh issue of secured redeemable non-convertible debentures, which will close on May 17. The face value of NCD is ₹1,000. The minimum application requires investors to invest 10 NCDs, i.e., 10,000, in multiples of ₹1,000.

Mint has reviewed a copy of the affidavit. Baba Kalyani,75, has argued “the basis of a Hindu coparcenary is common male lineage—which basis has not been changed by the 2005 Amendment Act".

₹88.13 lakh. Irani filed her nomination papers from the Amethi Lok Sabha seat for the 2024 Lok Sabha elections on May 3. The minister invested in around seven MFs at the end of March 2024, with two midcap funds in her portfolio, according to the affidavit.

In the arena of the wealth advisory space, does it come down to survival of the fittest or who’s the friendliest?

Breitbart economics and finance editor John Carney offers his outlook ahead of the 2024 presidential election on 'The Bottom Line.'

Sumitomo Mitsui Financial Group has invested Rs 1,300 crore in SMFG India Credit Co Limited through a rights issue, with the funds set to be used for expansion efforts in the latter’s housing finance business. The Sumitomo Mitsui Financial Group holds 100% in SMFG India Credit Co, which was formerly Fullerton India Credit Company Limited. Following the fund infusion, SMFG India Credit Co has invested Rs 150 crore in its wholly owned subsidiary SMFG India Home Finance Co. Ltd.

Laptop 15s delivers outstanding performance, boasting 8GB RAM and a spacious 512GB SSD. With its micro-edge display, speedy Wi-Fi, extended battery life, and pre-installed Win 11 and MS Office, it's the perfect companion for maximizing productivity. The Dell 14 Laptop features a powerful 12th Gen Intel Core i3 processor, 8GB RAM, and a 512GB SSD for seamless performance.

Single or joint accounts: These are the two types of accounts that investors can opt for to keep their mutual fund (MF) holdings. For the joint account though, an investor can choose between ‘joint' and ‘either or survivor’ modes of operation. So which of these account types is better? Typically, a single account that only requires a nominee is better.

London: Fugitive businessman Nirav Modi, who has been in prison in London for over five years, on Tuesday made a new bail application which was rejected by a UK judge who ruled that he continued to pose a “substantial risk" of absconding justice. The 52-year-old diamond merchant, who lost his extradition battle to face fraud and money laundering charges in India, did not appear for the bail hearing at Westminster Magistrates Court in London but his son and two daughters were present in the gallery.

New Delhi: Sajjan Jindal-led JSW Energy on Tuesday posted a 29 per cent rise in its consolidated net profit to ₹351 crore in the March quarter compared to a year ago mainly on the back of higher revenues. The company had reported a consolidated net profit of ₹272 crore in the quarter ended on March 31, 2023, according to a BSE filing.

LG 655 L Frost-Free Inverter Side-By-Side Refrigerator LG 655 L side-by-side refrigerator is perfect for a large family or more than 4 members. It features an energy-efficient inverter compressor to offer superior cooling while consuming less energy. Samsung 653 L, 3 Star, Frost Free, Double Door Refrigerator Samsung's 653-litre side-by-side refrigerator is a must for your kitchen if you are looking for a high-capacity refrigerator.

₹1,307 crore for the quarter ended March (Q4FY24), surpassing analysts' expectations. Net profit rose 36% year-on-year, primarily driven by strong performance in the US market. In an exchange filing, the Hyderabad-based company said that revenue increased to ₹7,083 crore during the quarter, a 12% year-on-year (YoY) growth, fuelled by solid sales in North America and emerging markets.

Mint with a rueful smile. She may be playing a huge role behind the scenes of India’s national election, the largest democratic exercise in the world, but for all that, 42-year-old Vishalakshi is a simple, unassuming person. The post-graduate in organic chemistry, who also heads the quality department of the company, is responsible for ensuring that the ink leaves an indelible mark on the voter, one that will remain for at least 72 hours.

Bar and Bench as saying. The Supreme Court was hearing a petition filed by the Indian Medical Association (IMA) against an alleged campaign carried out by Patanjali and its founders against the COVID-19 vaccination drive and modern medicine. No sale of suspended products: The Supreme Court also said that Patanjali should not be allowed to sell products for which licences were suspended.

CIBIL score. So, you should apply for new credit sporadically and only if necessary. Besides, you should begin by procuring a copy of your credit report from CIBIL or any other credit bureau.

There’s no shortage of studies, articles and papers on the deployment of public policy by government and the behavioural impact it has on citizens, so most governments say they are well advised by so-called public-policy experts when introducing new laws.

Some internet activists are calling for a boycott of Loblaw for the month of May over the grocer’s prices, which are said to be too high. The boycott is not notable for its logic. On the one hand, if the boycotters are not Loblaw customers to begin with, it’s meaningless. On the other hand, if they are current customers, it must be because they have decided Loblaw’s offering — its combination of price, quality, selection, convenience and other factors that determine shoppers’ choice of grocer — is better than all the other alternatives. Which makes Loblaw an odd target for a boycott over its prices.

Headwinds are mounting for the Canadian dollar with the greenback on a tear and the Bank of Canada looking set to cut rates before the Federal Reserve.