UPS Financial News

As Bachman-Turner Overdrive once sang, advisors are “taking care of business.” With April well underway and tax season coming to a close, some advisors might be considering doing some spring cleaning around the office.

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Americans filling their tanks up at a gas station in Alexandria, Virginia, reacted to gas prices rising over 50% since January 2021, when President Biden took office.

OK PLAY INDIA ORD B declared their Q4 FY24 results on 09 Apr, 2024. The topline increased by 12.79% & the loss decreased by 64.85% YoY.

TORONTO — Royal Bank of Canada faced a steady stream of questions about the bank’s climate and Indigenous rights track record at its annual general meeting Thursday.

Despite Wednesday’s jump in U.S. inflation, the Bank of Canada meeting and Canada’s 14-basis point eruption in 5-year bond yields, our leading mortgage rates are still flat versus last week.

Kaiju No. 8 adaptation is set to premiere. Here's everything you need to know about watching the series, based on the popular Shonen Jump manga by Naoya Matsumoto. Plot

India's economy is poised to achieve 8-9% growth, Confederation of Indian Industry (CII) president R Dinesh told ET in an interview, highlighting land, labour and manufacturing reforms as the key focus areas for the new government, which he said will also spur private investment. «We should consider establishing a fund to support new-age manufacturing, similar to the Innovation Fund that the government has already announced. This will play a crucial role in scaling up capacity and capability to create larger large-scale Indian manufacturing businesses,» said Dinesh, who is also the executive vice chairman of TVS Supply Chain Solutions. He further advocated a fund to assist micro, small and medium enterprises with operational expenditures, capital spending and green transitions.

Mercedes-Benz has raced ahead of rival BMW to wrest the leadership position in India's fast-growing luxury EV segment for the first time last quarter. Mercedes-Benz sold more than 350 EVs in the three months ended March 31, compared to 211 EVs by BMW India in the same period. Mercedes-Benz has also firmed up plans to launch three new battery electric vehicles this calendar year to further consolidate its position in the EV space. This will form part of the dozen new models the company plans to introduce during the year.

India’s finances wouldn’t look that pretty if fuel-stoked infl ation rearers its ugly head. A Morgan Stanley study showed if global crude oil prices rise to $110-120 a barrel in the next 3-4 months due to supply or geopolitical concerns, India’s infl ation fi ght could stretch.

business school Insead has no plans to open a campus in India, its dean, Francisco Veloso, told ET in a recent interaction. However, the institute is committed to developing and strengthening industry-academia research in future with top Indian multinationals and large startups, as well as expand and enhance educational collaborations here, said Veloso, a professor of strategy who took over as the dean of the institute in September. Last year, the University Grants Commission notified guidelines for foreign universities to set up campuses in India.

Coimbatore there's a scenic constituency which is also witnessing a three-cornered fight, cementing the belief that the BJP is specifically targeting the Kongu belt to dismantle the Dravidian parties' stronghold in the region. The Pollachi Lok Sabha constituency is gearing up for a triangular fight between the AIADMK, DMK and BJP. The BJP, much like in the Nilgiris and Coimbatore, has fielded its own candidate, K Vasantha Rajan, against the DMK's K Eswarasamy and the AIADMK's A Karthikeyan. All three parties have fielded fresh faces in the constituency, with the Dravidian parties hoping to capitalise on their well-known symbols and the sense of loyalty among their supporters to trump the BJP. Naam Tamilar Katchi's N Sureshkumar is another candidate in the fray. The most significant issues in the constituency range from agricultural to infrastructural as residents complained that good roads, clean drinking water and increasing drug use were going to be the things they would keep in mind while picking between the two leaves, rising sun and lotus symbols.

Imran Masood, Congress-SP alliance nominee, who had hit the headlines for aggressive postures in the past is running a low-key campaign focussing mainly on villages dominated by Hindus. Masood is a nephew of nine-term MP (five-time Lok Sabha and four-term Rajya Sabha member) Rashid Masood, who had enjoyed support of different castes of the Hindu community during his long political career. Masood is now exploring chances to revive the old support base of his uncle among non-Muslims. His camp is also avoiding organising big rallies or public meetings. «Drawing Muslims in big numbers at political rallies or public meetings may lead to polarisation in other communities,» a supporter said.

Hindustan’s editor in chief Shashi Shekhar, Modi warned that his government’s action against corruption will continue, and will, in fact, intensify in his third term as prime minister. Listing out abrogation of Article 370 to end Jammu and Kashmir’s autonomy, digital payments ecosystem, toilets and housing for the poor, consecration of the Ram temple, and a rapid economic growth as key achievements, Modi said that he is going into the upcoming general election with his vision of Viksit Bharat, or Developed India, by 2047, when the country celebrates 100 years of Independence. He said that his government took several initiatives in the field of education, health, employment, infrastructure, and tourism in the hill state of Uttarakhand, which goes to the polls on 19 April.

In my early days as an investment analyst, I was once pitching a stock to my fund manager boss. Two minutes into the pitch, he asked me “What’s the weight?" I had no idea what he was talking about and so I later asked one of my senior colleagues what he meant. Most institutional investing in India is of the relative return type, which means that every fund is benchmarked against an index and a fund manager’s competence or otherwise is measured by how well he or she performs against the benchmark.

For the majority of Canadians who don’t own property, the dream of homeownership is feeling elusive, a new CIBC report suggests.

The federal government has announced a series of measures to make it easier for first-time buyers to break into the housing market with changes to the Home Buyers’ Plan and amortizations on some mortgages.

An internal report from Canada’s financial crimes watchdog found that most banking and real estate companies it audited last year are not following the country’s anti-money laundering laws, sparking calls for greater oversight and higher fines.

Tax pros say there are a few tips parents should keep in mind when filing their tax returns this year

The cement industry is one of the largest emitters of carbon dioxide and is responsible for some 8% of global emissions each year

Oakland's airport is considering a name-change to include “San Francisco” to attract more passengers