UPS Financial News

The great thing about X, the rebranded Twitter owned by Elon Musk, is its frictionless capacity for escalation. Let’s back up to several hours before that post on what was a bizarre Friday even by the standards of Tesla and its chief executive officer. Late that morning, a Reuters story, citing several unnamed sources and internal messages, reported that Tesla has scrapped plans for a cheaper electric vehicle (EV) dubbed ‘Model 2.’ Tesla’s stock dropped by more than 5% in short order.

Arvind Kejriwal's petition challenging his arrest by Enforcement Directorate, BJP said that Kejriwal wanted different treatment for himself as 'Khas Aadmi'. «For the so-called Aam Aadmi chief minister, the court has clearly said that the law cannot be different for the common man and the AAP chief minister. The 'Aam Aadmi' cap has been pulled off as Kejriwal wanted the treatment of a 'Khas Aadmi',» BJP national spokesperson Sudhanshu Trivedi told media persons in Delhi. Trivedi further said that Kejriwal's 'arrogance' was shattered when faced with 'sharp-edged facts'. Leader of Opposition in Delhi assembly, Ramvir Singh Bidhuri, demanded Delhi chief minister's resignation. «Kejriwal should now give up his insistence on running the government from jail and immediately resign from the chief minister's post. If Kejriwal and his party remain adamant, then the President will be left with no other option but to dismiss the government,» he said in a statement.

Narendra Modi on Tuesday attacked the Congress and said that the party «insulted» Lord Ram by rejecting the invitation of the 'Pran Pratishtha' ceremony in Ayodhya, adding that it can «never emerge from the depths of appeasement» which is also visible in their manifesto which bears the imprint of the Muslim League. During a rally in UP's Pilibhit, Modi said the INDIA bloc does not even hesitate to insult the country's great personalities and senior leaders of both the Samajwadi Party and the Congress have never tried to visit the Statue of Unity and honour Sardar Vallabhbhai Patel who worked tirelessly for the unity of the country. He said this was expected of the alliance which is «conspiring to divide India». Addressing thousands of Bengali Hindu migrants in Pilibhit who have fled East Pakistan and settled here over the decades, Modi said under the pressure of appeasement, the two opposition parties also opposed the Citizenship Amendment Act (CAA). He urged the migrant families to apply for Indian citizenship under the law, guaranteeing them of an honourable life as Indian citizens.

India now consumes more than double the petrol it used a decade ago as new and larger vehicles are selling at a scorching pace. Diesel consumption is up by about a third while the overall oil demand is up by half. «The data show that fossil fuels continue to be in demand despite policy push for EVs (electric vehicles) and renewables. From the trajectory of demand numbers, it appears that oil will continue to be in demand for some time and peak oil demand in India is not likely before 2040,» said Mukesh Surana, CEO, Ratnagiri Refinery & Petrochemicals Ltd. «It's a positive trend for Indian refiners, at least for the next 10 years.» Between 2013-14 and 2023-24, the annual consumption of petrol increased 117%, diesel 31%, aviation turbine fuel 50% and LPG 82%, according to the petroleum and natural gas ministry data. Kerosene consumption slumped 93% during this period as the government's clean cooking drive increased access to LPG.

Parasyte: The Grey" to Netflix has generated significant buzz, signaling another promising success for Korean drama enthusiasts on the popular streaming platform. Viewers on Netflix are curious to know whether there will be «Parasyte: The Grey» season 2 or not. «Parasyte: The Grey» stands as a riveting South Korean horror series, offering viewers a live-action rendition of Hitoshi Iwaaki's acclaimed Japanese manga, Parasyte. Renowned filmmaker Yeon Sang-Ho, known for his directorial prowess in Train to Busan and as the creator of Hellbound, helms this captivating series as its director.

BJP is yet to announce candidates for 12 Lok Sabha seats in Uttar Pradesh, including high-profile constituencies such as Rae Bareli and Mainpuri, represented by Sonia Gandhi and Dimple Yadav, respectively. Several factors are at play with the BJP looking for new candidates in some constituencies, while at the same time, trying to keep caste equations in its favour, in several other seats. These 12 constituencies also include Balia, Ghazipur, Machhlishahr which borders Prime Minister Narendra's seat Varanasi in eastern Uttar Pradesh, Kaiserganj, Firozabad, Prayagraj, Bhadohi, Deoria, Kaushambi, and Phulpur. In Kaiserganj, represented by former Wrestling Federation chief Brij Bhushan Sharan Singh, the BJP is considering replacing him with one of his family members. Wrestlers, hailing from the Jat community in Haryana, had protested against him in Delhi and hurled several allegations against him. Jats are an influential votebank in Haryana and can impact at least eight of the ten Lok Sabha seats. But Singh is adamant on contesting again from Kaiserganj. He enjoys influence in the neighbouring constituencies as well. Similarly, in Rae Bareli, BJP is opting for a wait and watch strategy to see if someone from the Gandhi family contests from this seat.

Indian Navy's recent exploits. Over the last three months, the navy has thwarted Somali pirates, rescued hijacked ships and responded to multiple drone/missile attacks by the Houthis in the Gulf of Aden and the Arabian Sea. As the Israel-Hamas war raged, the navy showed up in strength to protect crucial sea lanes as a first responder, security provider and resident power in the Indian Ocean region. It deployed 21 ships, made 19 interventions and rescued more than 100 crew and others, sometimes from the burning deck. And it assured protection to 450 merchant ships carrying essential supplies.

Sunrisers Hyderabad beat Punjab Kings by just 2 runs on Tuesday to register their third victory of the 2024 Indian Premier League (IPL), at Maharaja Yadavindra Singh International Cricket Stadium, Mullanpur, Chandigarh. Chasing 183 runs, PBKS produced some moments of brilliance but failed to get past the finish line. Till the last over, Shashank Singh and Ashutosh Sharma kept Punjab's hopes alive, but in the end, that did not prove enough. Batting first, Sunrisers Hyderabad put up a challenging 182/9 total against Punjab Kings after young Nitish Reddy played magnificently to score 37-ball 64 to lift his team.

According to data released by BSE, mutual funds expanded their shareholding in the March quarter to 6.15% from 4.9% in December 2023. Mirae Mutual Fund and Nippon India Mutual Fund have acquired more shares in Paytm in these three months.

FSSAI asking websites and apps that sell food products to not represent premixes, malt-, dairy- and cereal-based drinks as health or energy drinks. A watchful regulator is essential, especially as people are increasingly making purchasing decisions with health impacts in mind. Producers are increasingly required to provide info — ingredients, nutrient details, calories consumed — on labels. That whole jumble of information in small print matters little if the seller or producer 'shelves' the product in a manner that implicitly makes an exaggerated or wrongful claim.

MUMBAI : To capitalize on the country’s rising equity investment trend, especially through mutual funds, IndusInd International Holdings Ltd. (IIHL), a Mauritius-based investment firm led by the Hinduja brothers, said on Tuesday it has entered into an asset management joint venture with Atlanta-based fund management group Invesco Ltd.

Ottawa is setting up a $500-million fund to help community health organizations provide more mental health care to young people.

Akhilesh Yadav-led SP, which was a partner of the RLD in Uttar Pradesh. ALSO READ: 'Aaj main kis muh se inkaar karoon': RLD's Jayant Chaudhary on joining NDA Choudhury, however, said that he does not hold any grievances against his former partner and underlined the need to make harsh decisions in one's political career. Follow Lok Sabha Polls 2024 Live Updates here He was speaking during an election campaign in Uttar Pradesh's Shamli.

NEW DELHI : At a time when the government is trying to tame food inflation, a spike in prices of key winter (Rabi) crops such as gram, paddy and maize is expected to play spoilsport. Agriculture analysts expect these crops to be hit by depleting water reservoir levels, above-normal temperatures and diseases, especially in Karnataka, Andhra Pradesh, Telangana, and Tamil Nadu. However, prices of other rabi crops such as wheat and mustard are not expected to rise.

₹5,961 crore, up nearly 167% from a year ago, while the mainboard IPO mop-up rose a more sedate 20%. This follows ₹965 crore, ₹244.28 crore and ₹436 crore that SMEs raised in the three previous fiscal years. The trend signifies the growing confidence of investors in the potential of SMEs and their ability to generate strong returns.

PTI report citing a police officer. ALSO READ: Calcutta HC rebukes Mamata Banerjee government over Sandeshkhali allegations “Saha has grievous injuries in his head and his condition is very critical at the moment," PTI quoted the police officer as saying. Two other cops, present in the camp, were also beaten up but their injuries were not serious, according to the report.

WWE Wrestlemania 40 held in Philadelphia broke many earlier records and became the most successful live event in the company's history. Cody Rhodes won the Undisputed Universal Championship beating Roman Reigns and The Rock's in-ring return. According to 'Variety', the sporting event took place two nights at Lincoln Financial Field in Philadelphia. With 145,298 in attendance across both nights this year, it broke the record of attendance of Wrestlemania 39. It was 78 percent more compared to last year. Similarly, the sale of merchandise was up by 20% over last year. According to the company, WWE World became the highest-grossing and most-attended fan event in its history. During the program, broadcaster Michael Cole said that the road to WrestleMania kick-started 17 consecutive sellouts for WWE’s televised events. Monday’s show drew the largest gate in its history and broke the record of last week’s show at the Barclays Center in Brooklyn.

Congress party on Tuesday released a list of 6 and 12 candidates for the Lok Sabha and Assembly polls respectively, for the state of Andhra Pradesh. The grand old party has fielded Lavanya Kavuri from Eluru seat in Andhra Pradesh, while Dr Chinta Mohan will fight from Tirupati seat reserved for SC candidate.

Barcelona will take on Kylian Mbappe's Paris Saint-Germain (PSG) in Champions League first-leg on Wednesday. Barcelona are at the second position in La Liga, trailing 12 points off leaders Real Madrid. PSG, meanwhile, are leading the chart in French Ligue 1. Champions League first-leg soccer match between PSG and Barcelona is scheduled to kick off at 3 pm (ET) on Wednesday, April 10.

When Akshay Bhatia’s mother celebrated her birthday earlier this month, her one wish was that her son would get to play in the Masters. But with the tournament just days away, the beanpole lefty still hadn’t received one of the precious green envelopes that extends an invitation to play in the first major of the season. He doesn’t need to check the mailbox anymore.

Bloomberg report, the Indian stock market is blooming thanks to the foreign funding and Centre's new trade deals. The youthful market of 143 crore Indians is attracting international manufacturing bigwigs, who once clustered around southern China. Aircraft makers such as the Boeing Inc are taking record orders from Indian arlines such as Air India and IndiGo, while the tech gaint Apple Inc is scaling up production of India-made iPhones.