UPS Financial News
03.05 / 17:37
UPS
Booking
CRA
Strategy
President
recommendations
Updates
CRA employees will also be required to work in office 3 days a week: ‘We feel betrayed’
The Canada Revenue Agency (CRA) will soon require employees to make their way to the office for at least three days a week, following the Treasury Board of Canada Secretariat’s lead.
03.05 / 16:55
03.05 / 16:39
markets
UPS
Platform
Apple
Research
Trade
reports
India could be Apple’s third largest market in 3 years
Mint reported that increasing enterprise clients could boost Apple to register over $10 billion in annual revenue in India for FY24—which could also be the first full fiscal where Apple tops the smartphone market’s revenue chart. This revenue growth, if realized, has likely been fuelled by a sustained growth in shipments for Apple, while maintaining the highest average selling price (ASP) per device of $1,000 ( ₹80,000) in the India market.
03.05 / 16:39
markets
UPS
security
Election
reports
Vi loses 680,000 subscribers in March, its fewest in seven months
Vodafone Idea trimmed its subscriber losses to 0.68 million in March, the lowest since last August and the second-lowest since March 2023, according to data from the telecom regulator. The third-largest telco by subscribers had 219.8 million users in March. Second-placed Bharti Airtel gained 1.75 million customers in the month, taking its total to 385.7 million.
03.05 / 16:39
UPS
Citi
Aviat
Duke
Experts
reports
‘Too royal’, ‘issues with Meghan Markle…’: Why 2,000 veterans left Prince Harry's Invictus Games
Invictus Games, which was initially set up by Prince Harry in 2014, claiming the event has “lost its original meaning", several reports suggested. The games were supposed to a route help support wounded, injured and sick service personnel and veterans.
03.05 / 16:39
UPS
Ball
Death
social
Department
'That was selfish by Venkatesh Iyer': Netizens express ire over Andre Russell's disastrous runout against MI
ALSO READ: Rohit Sharma, Rinku Singh seen chatting ahead of KKR vs MI match; netizens speculate what they're talking about MI's N Tushara threw the ball the Hardik and then turn around to break the stumps. Hence, Russell had to depart for the pavilion after scoring 7 runs in 2 deliveries. The Kolkata Knight Riders were all out at 169 in 19.5 overs at Wankhede Stadium in Mumbai.
03.05 / 16:39
UPS
Aware
Google
CEO
stage
International
Cash-strapped Dunzo finally close to striking a “transaction” to settle its dues
BENGALURU : Reliance Retail-backed Dunzo is in the final stages of closing a “transaction" with investors that the cash-strapped startup has been looking to raise for at least a year to clear pending liabilities, including salaries. The arrangement is also expected to “find safety for the company into perpetuity", co-founder and chief executive Kabeer Biswas told employees on Friday in an internal communication, which Mint has seen.
03.05 / 15:57
COST
UPS
Experts
War
Inside
reports
Talent war between family offices and Wall Street drives up salaries
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.
03.05 / 15:19
UPS
Provident
Waters
bass
Features
Videos
International
Amazon Great Summer Sale 2024: 5 Best Gift Ideas for International Mother's Day 2024
₹21999 for the 8GB RAM and 256GB ROM variant.The HONOR X9b features a 5800mAh battery, 6.78-inch AMOLED display, and 120Hz refresh rate. Running on the efficient Qualcomm Snapdragon 6 Gen 1 chipset and powered by MagicOS 7.2 based on Android 13, the HONOR X9b ensures smooth multitasking and a high-performance gaming experience, courtesy of the Adreno 710 GPU. For photography enthusiasts, the HONOR X9b offers a triple-camera setup.
03.05 / 15:19
UPS
Art
Digital
Discover
Hawkins
stars
Avail
Amazon Great Summer Sale 2024: Avail crazy deals on home and kitchen appliances with up to 70% off
Buy more induction cooktops at the Amazon Summer Sale 2024: Philips 2100-Watt Induction Cooktop Prestige PIC 20 1600 Watts Induction Cooktop iBELL 20 YO Induction Cooktop 2000W Prestige IRIS ECO 1200 W Induction Cooktop Make your kitchen smoke-free and add some style to it with kitchen chimneys during the Amazon Great Summer Sale 2024. Buyers can avail up to 70% off on powerful chimneys from top brands and improve their overall cooking experience.
03.05 / 15:19
UPS
Target
Align
Enterprise
performer
reports
Motilal Oswal raises target price of Adani Ports on strong Q4 earnings; should you buy, sell or hold?
₹1,550. "We largely retain our estimates and reiterate our BUY rating with a revised TP of ₹1,550 (based on 17x FY26E EV/EBITDA)," said the firm in a note. Adani Ports & SEZ (APSEZ) reported a revenue growth of 19 per cent year-on-year (YoY) to ₹68.9 billion in 4QFY24.
03.05 / 15:19
UPS
Action
Death
hospital
patient
donates
Worried over low organ donation rate, health ministry instructs states to monitor brain-dead cases
NEW DELHI : In order to expedite cadaver organ donations, the Union health ministry has told states and union territories (UTs) to identify and monitor cases of brain stem death (BSD) in intensive care units (ICUs). Hospital administrations should sensitively approach the families of brain-dead patients in ICU regarding organ donation before the heart stops functioning.
03.05 / 15:17
03.05 / 14:21
UPS
Provident
Manufacturing
Action
country
Department
EV makers get two-year reprieve on tax-credit restrictions
The Biden administration softened its proposed limits on tax credits for electric vehicles, letting consumers get up to $7,500 for cars containing Chinese graphite through 2026. That is a two-year extension before some of the most stringent supply-chain requirements kick in. The reprieve gives car manufacturers an easier than expected path to make and sell vehicles eligible for the full tax credit.
03.05 / 14:21
UPS
Platform
pandemic
social
Headlines
International
NOT
At 6.1% of GDP, GST revenue for FY24 still not above pre-GST level after 7 years, says former CEA
₹2.10 lakh crore in April 2024, Arvind Subramanian, former Chief Economic Adviser (CEA) to the central government has now highlighted that the despite the high collections, GST revenue for fiscal 2023-24 (FY24) has still not surpassed the pre-GST level. Also Read: The caveat you need to know while reading the GST ‘record’ in April Taking to social media platform ‘X’, the former CEA who is a senior fellow at Peterson Institute for International Economics, said that at 6.1 per cent gross domestic product (GDP), India's GST revenue--even after seven years, is still not above the pre-GST level, despite recovery from the COVID-19 pandemic and better implementation.
03.05 / 14:21
UPS
Fighting
security
Election
Interviews
'Rahul Gandhi should have contested from Varanasi against PM Modi': Former Congress leader Acharya Pramod
Rahul Gandhi migrated from Amethi. Any other leader in his place, who takes decisions after carefully weighing his credibility and acceptability, would have considered contesting directly against Prime Minister Narendra Modi from Varanasi if he did not wish from Amethi," Acharya Krishnam told news agency ANI in an interview. ALSO READ: How the ‘reluctant’ Rahul Gandhi was persuaded to contest from Raebareli, Congress party's ‘safest’ seat Prime Minister Narendra Modi will contest from Varanasi, Uttar Pradesh, as a Bharatiya Janata Party (BJP) candidate.
03.05 / 13:17
UPS
Analysis
Freedom
country
reports
India ranks below Pakistan at 159 among 180 countries in World Press Freedom Index: 'Unofficial state of emergency'
ALSO READ:India slips 11 positions on World Press Freedom Index Meanwhile, Pakistan ranked seven spots above India at 152. It had ranked 150 in 2023. Norway topped the ranking , while Denmark was on the second rank in World Press Freedom Index.
03.05 / 13:17
UPS
Election
Corona
President
blues
reports
Beer battles election blues, gin toasts summer gains
Mint reported that United Breweries Ltd (UBL), the maker of Kingfisher and Heineken beers, expected potential supply chain disruptions due to election-related restrictions but still anticipated a strong summer season for business, forecasting high single-digit growth over last summer. “Navigating regulatory landscapes remains a challenge, particularly with high taxation and export constraints in key states," noted Kartikeya Sharma, president of AB InBev India. He also highlighted the socio-economic potential of the beer industry to generate employment, emphasizing its nature as a local and natural product.
03.05 / 13:17
UPS
Manufacturing
Airlines
Boeing
wellness
Boeing’s latest trouble is a jet part caught up in Russia sanctions
Boeing has more parts trouble, but this time it doesn’t stem from manufacturing snafus or the 737 jet. The blame goes to Russia sanctions still rippling through the jet maker’s supply chain. In the opening days of Russia’s invasion of Ukraine, a maker of a temperature-regulating part for Boeing’s 787 Dreamliner ceased its Russian operations and shifted production west.
03.05 / 13:17
UPS
Provident
Digital
2020
recommendations
Relationships
Sebi announces new rules for onboarding of clients by portfolio managers — an explainer
Sebi) on Friday altered the rules to ease the digital onboarding process for clients of portfolio managers. Sebi had constituted various working groups to recommend measures to simplify and ease compliances. As part of these efforts, a working group was made to review the present regulatory framework under Sebi (portfolio managers) regulations, 2020 and recommend measures to promote ease of doing business for portfolio managers.
03.05 / 13:17
UPS
Manufacturing
security
Strategy
Trade
Pharmaceuticals
Govt plans new pricing norms for medical device industry
NEW DELHI : The government is exploring new pricing strategies for the medical device industry and also looking at specific regulations to streamline the licensing, trading, and exporting processes for manufacturers, according to officials familiar with the situation. Medical device licences are currently categorized under the Drugs and Cosmetics Act, and industry associations have long advocated for specific regulations, arguing that the criteria for drug licensing are not suitable for medical devices.
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