UPS Financial News
02.04 / 03:27
UPS
Airlines
Boeing
WhatsApp
Pre-merger turbulence: Vistara may cancel 60 flights today following previous day's disruptions
Vistara, after canceling approximately 50 flights the previous day, is anticipated to cancel around 60 flights on Tuesday, according to sources cited by The Times of India. As per PTI sources more flights are expected to be cancelled on Tuesday and the number could go up to 70. To address the continuous flight disruptions caused by a shortage of pilots, the airline has introduced measures to mitigate the situation. These measures entail scaling down flight operations and deploying wide-body aircraft on domestic routes to assist stranded passengers.
02.04 / 03:27
UPS
security
WhatsApp
show
information
travelers
US reaches its H-1B visa cap for FY25. Here's how to check your status & the next steps
Registrants can now view the status of their submissions on their online accounts, with statuses indicating whether a registration has been selected for filing an H-1B cap petition or not. Applicants’ online accounts will now show one of the following statuses for each registration (that is, for each beneficiary registered), the USCIS said...
02.04 / 03:27
markets
UPS
DOW
Manufacturing
economy
Dow, S&P close lower as manufacturing data lifts yields
Dow and S&P 500 edged lower on Monday, dragged down by investor worries over the timing of interest rate cuts by the Federal Reserve after stronger-than-expected manufacturing data pushed Treasury yields higher. The Institute for Supply Management (ISM) said its manufacturing PMI increased to 50.3 last month, the highest and first reading above 50 since September 2022, from 47.8 in February. It suggested the manufacturing sector, which has been battered by higher interest rates, was recovering.
02.04 / 03:27
markets
UPS
Action
Gap
Remark
country
prevention
Japan warns of action against excessive yen volatility
exchange-rate volatility, repeating his warning to yen bears as Tokyo tries to prevent a destabilising fall in the currency. Suzuki stopped short of threatening to take «decisive action» against excessive moves, language the minister used last week when the yen slumped to a 34-year low, suggesting officials are keeping their powder dry as they watch how currency moves play out.
02.04 / 03:27
markets
UPS
Citi
Provident
CEO
Strategy
pandemic
Flexi space companies now prefer to buy properties
Flexible workspace providers like Table Space, Bhive, Indiqube, and EFC are shifting strategies to acquire properties across India instead of leasing them to meet growing demand for flexibility in the office since the pandemic. The Indian market size for flexible offices is expected to touch 100-140 million sq ft by 2030, up from 55 million sq ft currently, according to a recent report by MyHQ, a flexible workspace provider. “We have already acquired a few assets and plan to have 4 million sq ft in the portfolio. Acquiring the assets gives us better control over the property, and it also results in a better rental yield,” said Amit Banerji, CEO of managed workspace operator Table Space Technologies.
02.04 / 03:15
02.04 / 02:57
markets
UPS
Tesla
Trade
Xiaomi
show
pop
Xiaomi shares pop 15% after the Chinese smartphone maker launches its first EV
BEIJING — Shares of Chinese smartphone maker Xiaomi surged 15% when the Hong Kong market opened Tuesday, the first trading day since the company launched its SU7 electric car ahead of the Easter holiday.
02.04 / 02:05
markets
UPS
Google
Browser
Garena Free Fire Max redeem codes for April 2, 2024: Win free rewards like skins, diamonds and more
Garena Free Fire Max redeem codes are 12-digit alphanumeric codes consisting of capital letters and numbers. Players can unlock a variety of in-game goodies such as skins, weapons and character upgrades by redeeming these codes.
02.04 / 02:05
UPS
Ball
cricket
bowling
MI vs RR IPL 2024: How can Hardik Pandya silence critics? Navjot Singh Sidhu says Mumbai Indians captain should do this
MI vs RR IPL 2024: On April 1, the Wankhede Stadium witnessed something unique. At the toss before the Mumbai Indians (MI) vs Rajasthan Royals (RR) match, the MI captain was booed by his home crowd. Sanjay Manjrekar, who was supervising the toss, asked for a round of applause for the home captain.
02.04 / 02:05
markets
UPS
Target
Experts
recommendations
Buy or sell: Ashok Leyland to Nykaa — Vaishali Parekh recommends three stocks to buy today — April 2
Buy or sell stocks: Following positive global cues on US Fed rate cut buzz, the Indian stock market ended higher for the third straight session on Monday. The Nifty 50 index gained 135 points and closed at the 22,462 level, and the BSE Sensex shot up 363 points and regained the 74,000 level. After regaining the psychological 74,000 levels, the 30-stock index went on to touch a new lifetime high of 74,254.62 mark.
02.04 / 00:45
markets
UPS
FIVE
show
electronic
stars
ICEA talks to funds to set up an exchange for hi-tech India firms
fund houses to set up a sub-exchange which could be along the lines of the Shanghai Stock Exchange STAR Market. The SSE STAR Market has been touted as Shanghai's Nasdaq which allows Chinese companies in high-tech and strategically emerging sectors with greater access to capital markets. The move to set up such an exchange in India comes at a time when the government harbours ambitions of touching $1 trillion in electronics production in the next five years. The discussions are being led by Electronics industry body ICEA (India Cellular & Electronics Association).
02.04 / 00:45
markets
UPS
FIVE
WhatsApp
Research
trends
Gold rush to summit sees demand trampled
jewellers at Mumbai’s Zaveri Bazaar, who said the rise in prices is keeping customers away. Demand crashed 70% in the March quarter, according to them. However, they’re optimistic about a recovery in sales with Akshay Tritiya, an auspicious occasion for buying gold, coming up early next month. Zaveri Bazaar is Asia’s biggest gold market and has a daily turnover of `. 450- 500 crore. “The constant rise in prices has dented demand in a big way in this quarter,” said Surendra Mehta, national secretary of the India Bullion & Jewellers Association (IBJA). “According to our estimate, demand for gold jewellery at Zaveri Bazaar has fallen by 70%” in the March quarter, compared with October-December 2023.
02.04 / 00:35
markets
COST
UPS
Food
Bill
Oh dear! The bill for your dinner date just went up. Blame it on pricey cocoa, coffee, palm oil & sugar
chocolates. Bills at quick service and fine-dining restaurants may rise 5-8% starting this month as prices of cocoa, coffee, palm oil and sugar have surged over the past quarter. This will be the first such increase in about 1.5 years, said industry executives and restaurateurs. Prices of cocoa and coffee are at all-time highs and palm oil has risen 10% Y-o-Y. Executives at a dozen restaurant and cafe chains said they are evaluating price hikes this month itself. Aseem Grover, owner of the upscale The Big Chill Cafe and dessert chain The Big Chill Cakery, is monitoring costs carefully.
02.04 / 00:35
UPS
Target
Manufacturing
Mobile
economy
electronic
Mission 2047: India charts road to a developed economy
India is drawing up near, medium and longterm goals in line with its target to become a developed economy by 2047, with a focus on electric mobility, digitisation of payments infrastructure and high-speed expressways, officials said. All central ministries will soon firm up plans indicating five-year budgetary requirements for better financial management, they said. Extended producer responsibilities for goods such as cars, recycling centres for electronic waste like cell phones, comprehensive soil surveys, measures to raise farm output, holistic skilling of the country’s youth, speedier production from auctioned mines and extensive assessment of Indian geology, and increased manufacturing output with lower emission intensity are some of the other key areas in focus.
02.04 / 00:35
markets
UPS
Research
Trade
show
D-Street starts FY25 on high note, mid- and small-caps rebound
benchmark indices hitting all-time highs in the first trading session of FY25. Mid-caps and small-caps rebounded on Monday after a weak show in March, as investors lapped up beaten-down names in that space on hopes these stocks could repeat their historically strong performance in April. NSE's Nifty rose 135 points, or 0.61%, to close at 22,462 after touching an all-time high of 22,529 earlier in the day. BSE's Sensex rose 363 points, or 0.49%, to end at 74,014 off the record high of 74,254 during the day. The record closing levels for the Sensex is 74,119 and for the Nifty is 22,493 hit on March 7.
01.04 / 21:55
COST
UPS
Fighting
Election
community
Fishing
reports
Some premiers would rather ‘complain’ than make carbon price alternative: Trudeau
Andrew Furey is calling on Prime Minister Justin Trudeau to call an “emergency meeting of leaders from across the country” to talk about potential alternatives to the federal carbon price increasing to $80 per tonne.When asked about the call for a meeting, Trudeau said that provinces have always had the ability to come up with their own alternative plans that include the minimum carbon price.“So, all those premiers that are busy complaining about the price on pollution but not putting forward a concrete alternative that they think would be better for their communities are just playing politics,” Trudeau said at a news conference in Scarborough, Ont.“Every province has the opportunity to put forward its own plan as long as they are fighting climate change to the same level that we’re asking all other Canadians to do. That’s what a federal backstop is.
01.04 / 21:49
UPS
Provident
Platform
Strategy
show
reports
Videos
The Chosen Season 4 streaming: Here's what you need to know
The Chosen Season 4, fans are eagerly anticipating its arrival on streaming platforms. The eight-episode season graced select theaters in February, offering viewers a cinematic experience. The excitement among viewers has mounted as Variety recently announced that production for Season 5 is set to commence in Utah next month, signaling a promising future for the faith-based drama.
01.04 / 21:49
UPS
Platform
Netflix
community
students
Harmonic
Colleges
Community exits Netflix: Here's how fans can keep streaming the comedy show
Netflix on March 31. With the curtains closing on Netflix, loyal viewers are left wondering where they can continue their journey with the Greendale gang. But fear not, as we bring you the ultimate guide on how to continue streaming Community online.
01.04 / 20:57
COST
UPS
Provident
Death
Morningstar
reports
Courts
Cargo ship's owner and manager seek to limit legal liability for deadly bridge disaster in Baltimore
collapsed last week filed a court petition Monday seeking to limit their legal liability for the deadly disaster. The companies' “limitation of liability" petition is a routine but important procedure for cases litigated under U.S. maritime law.
01.04 / 18:47
UPS
Strategy
WhatsApp
show
travelers
Shah, HDK to hold roadshow in Bengaluru
alliance, Union home minister Amit Shah and JDS leader HD Kumaraswamy will hold a joint roadshow on Tuesday in Channapatna of Bangalore Rural Lok Sabha constituency. The visit of Shah will also focus on ironing out minor differences between the alliance partners to achieve the goal of winning all the 28 LS seats of the state. The BJP is contesting on 25 Lok Sabha seats while the JDS is contesting on three LS seats. Before the road show, the two leaders are supposed to hold a joint meeting of party officials to increase synergy and coordination.
01.04 / 18:03
markets
UPS
security
Trade
information
Bourses direct brokers to follow RBI circular on currency derivatives
MUMBAI : In late evening circulars stock exchanges NSE and BSE directed their member-brokers to take note of the Reserve Bank of India (RBI) notification of 5 January on hedging of foreign exchange risk, which restricts the use of exchange traded currency derivatives (ETCD) to hedging only from 5 April onwards. The circulars , according to some brokers, could spell the end of the 16-year-old ETCD as most of those who infuse liquidity into the market—proprietary and retail clients—act as counterparties to hedgers.
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