UPS Financial News

Visitors to national parks will get free admission on April 20 as the federal government waives entrance fees to commemorate the start of National Park Week.

it is cutting 10 per cent of its staff globally- around 14,000 jobs. Also Read: Elon Musk in India: From meeting PM Modi to Agra visit, check out Tesla CEO's likely plans for upcoming visit The next day, Tesla announced it would try to re-instate Musk's $56 billion pay package that was rejected by a Delaware judge in January, who said that the arrangement was dictated by Musk and was the product of negotiations with directors who were not independent of him, according to Associated Press. Tesla shares hit an all-time intraday high of $415.50 in November of 2021, adjusted for a 3-for-1 stock split that took effect in August 2022.

PBKS vs MI 2024 IPL: Rohit Sharma has been in terrific form in IPL 2024 as the batter slammed his second IPL century against Chennai Super Kings (CSK) and scored a crucial 36 against Punjab Kings (PBKS). With Thursday's innings, Rohit Sharma crossed a massive milestone as he surpassed Kieron Pollard's record to score maximum sixes for Mumbai Indians. Rohit Sharma's record came during a wonderful knock in the 33rd match of IPL 2024 at the pitch of Maharaja Yadavindra Singh International Cricket Stadium, Mohali.

Also Read:Iran's crude oil output up 20% in 2 years at 3.3% of global supply: What does this mean for the Iran-Israel proxy war? Brent futures were up 10 cents, or 0.11 per cent, to $87.39 a barrel, while US crude futures were 26 cents higher, or 0.31 per cent, at $82.95 a barrel. Both benchmarks had dropped over $1 at their intra-day lows, touching their weakest in around three weeks. Coming to domestic prices, crude oil futures were up 0.5 per cent higher at ₹6,969 per barrel on the multi commodity exchange (MCX).

Tata Consultancy Services are discovering the hard way, after receiving lower pay hikes than their colleagues who dutifully turn up at their desks. TCS assessed office attendance, among other metrics, before rolling out annual wage hikes to over 600,000 employees earlier this week, five employees at India's largest private sector employer said. This also makes TCS potentially the first to use office check-in as one of the metrics to determine pay hikes.

Toronto-Dominion Bank is confronting shareholders at a moment when investors and executives alike are clamouring for clarity on potential penalties in a U.S. probe and the future of the firm’s leadership.

There’s been a lot of hope in the air lately that the Bank of Canada is getting close to cutting interest rates.

HashKey, Kraken Ventures, Tribe Capital-backed Nibiru Chain is launching a $15 million grant program to support developers with a focus on the Asian market.

In contrast to the United States Federal Reserve, the Bank of Canada is running out of excuses to keep from acting as the proverbial deer in the headlights. The economy here is far weaker, fiscal policy is far less stimulative even with the spending largess in the federal budget, and there’s much more spare capacity being built up, particularly in the labour market.

The bitcoin halving—in which the amount of newly issued bitcoin created roughly every ten minutes is cut in half—is expected to take place on Friday or Saturday. In the past, this event has been followed by a significant rise in the price of bitcoin, but analysts are divided over whether that will occur this time around.

UK government has said as Indian negotiators are in London this week to continue discussions with their British counterparts. During a debate in the House of Lords this week, UK Foreign Secretary David Cameron was addressing questions from British peers on the current state of freedom of religion or belief in India. The recent restructuring of the BBC to create a new Indian-owned entity in order to comply with the country's foreign direct investment (FDI) rules was flagged by Liberal Democrat peer Lord Jeremy Purvis, who questioned the level of market access being offered to India in the field of media, data and telecoms as part of the FTA negotiations. «My understanding of where we are with the trade deal is that good market access has been offered on both sides, but not quite enough yet to secure a deal. It is important with such trade deals, as you only really get one proper shot at it, to make sure that it is a good enough deal that will be welcomed by industry leaders here in the UK as offering real market access,» said Lord Cameron.

Bajaj Auto is aiming to achieve its target of producing 10,000 units of its Triumph motorcycles each month by September, a company executive said on Thursday. «I would pin that in the first half (of fiscal 2025),» Dinesh Thapar, Bajaj Auto's financial chief, said in a post-earnings call when asked about the goal's trajectory. «Consider between now and September,» he said.

inflation and rising levels of government debt. " Inflation is down but not gone,'' Kristalina Georgieva told reporters at the spring meeting of the IMF and its sister organization, the World Bank. In the United States, she said, «the flipside'' of unexpectedly strong economic growth is that it „taking longer than expected'' to bring inflation down.

western Uttar Pradesh’s eight districts – the BJP-led National Democratic Alliance (NDA), the opposition INDIA bloc and the BSP. All three face challenges in this region owing to the sizable presence of Muslims, Scheduled Castes (SCs) and other backward classes (OBCs) across the eight Lok Sabha seats – Saharanpur, Kairana, Muzaffarnagar, Bijnor, Nagina (SC), Moradabad, Rampur and Pilibhit – which will go to the polls in the first phase on April 19. In the 2019 general election, the then SP-BSP-RLD alliance put up a good show and the rival BJP camp could win only three seats – Muzaffarnagar, Kairana and Pilibhit. Five years later, the political situation has changed considerably with the BSP’s decision to go solo. The RLD, a significant player in this region, is now part of the NDA.

Concord, a music rights investor, has agreed to buy Hipgnosis Songs Fund Ltd. in a deal that values the song catalog company at about $1.4 billion. 

The financing business of global art and luxury firm Sotheby’s has announced a first-of-its-kind securitization backed by art-secured loans.

A gauge of global chip stocks and AI bellwether Nvidia Corp. have fallen together into a technical correction, showing moderation in the global equity market’s most conspicuous driver over the past year and a half.

Last year, a handful of Big Tech stocks were behind much of corporate America’s profit growth

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₹7,975 crore for Q4FY24 against a profit of ₹6,134 crore in the same quarter last year. Its revenue for the quarter under review came at ₹37,923 crore, up 1.3 per cent YoY. The company said its revenues in constant currency (CC) terms remained flat YoY and declined by 2.2 per cent QoQ.