UPS Financial News
22.03 / 07:43
UPS
Target
Citizens
economy
social
Schools
Xi targets petty corruption on a giant scale to soothe China’s masses
Subscribe to enjoy similar stories. Chinese leader Xi Jinping is battling petty corruption through a nationwide campaign that has swept up more than half a million low-level officials over the past year, as Beijing grapples with rising public resentment over a sagging economy.
22.03 / 07:27
markets
UPS
IPO
Booking
Platform
band
ATC Energies Rs 63.76 cr IPO opens for public subscription on March 25. Check GMP, other details
lithium-ion battery solutions, is set to launch its Initial Public Offering (IPO) on Tuesday, March 25. The company aims to raise up to Rs 63.76 crore at the upper price band, with the shares proposed to be listed on the NSE Emerge platform. The IPO comprises up to 54,03,600 equity shares of face value Rs 10 each, which includes a fresh issue of 43,23,600 equity shares and an offer for sale of 10,80,000 equity shares.
22.03 / 07:27
UPS
FIVE
economy
Enterprise
2020
reports
Number of startups in India to double to 2.4 lakh by 2030: Report
startups projected to double from 1.2 lakh in 2023 to 2.4 lakh by 2030, as per a report by executive search firm Longhouse, The Times of India said. This growth is expected to drive a surge in high-value enterprises, with the number of unicorns, or startups valued at over $1 billion, likely to increase from 120 currently to 280 by the end of the decade. The expansion is also expected to significantly impact employment, with startups contributing to both direct and indirect job creation across key sectors. Startup-led employment to touch 50 million
22.03 / 06:29
UPS
Waters
Action
cover
Department
Features
Eden Gardens, Kolkata Weather Today: What happens if rain plays spoilsport today? Know rules; Check weather forecast
Indian Premier League season opener may take a back seat as a relentless drizzle upon Kolkata on Friday evening, brought an abrupt halt to the practice sessions of the Kolkata Knight Riders (KKR) and Royal Challengers Bengaluru (RCB). Just a day before their highly anticipated IPL 2025 opener at the iconic Eden Gardens, the weather turned gloomy with gusty winds, likely to affect the big clash. The teams had kicked off their training at 5 PM, but by 6 PM, the rain forced grounds staff into action to cover the field, while players quickly wrapped up their drills.
22.03 / 06:07
markets
UPS
Remark
Cycling
performer
Commentary
Markets needed this whole correction, now poised for structural upside, says Vikas Khemani
Indian equity markets appear poised for a structural upside, believes Vikas Khemani, founder of Carnelian Asset Advisors. In an interaction with ET Now, Khemani emphasized how this correction was much needed and how we can now prepare for a structural market upswing. He outlined the critical factors that are expected to shape investor sentiment and drive market direction in the near term.
22.03 / 06:07
UPS
Career
CEO
Gap
NVIDIA
wellness
Will AI eat up career of coders? Rs 9,000 crore company founder claims most techies lack complexity, write 'boiler plate' codes
Last year, Nvidia CEO Jensen Huang added fuel to the fire when he stated that in the near future, kids may not need to learn how to code, as AI will do the task. However, Sridhar Vembu begs to differ.
22.03 / 06:07
markets
UPS
Provident
Strategy
performer
electronic
Silver breaking out above Rs 1 lakh is an opportunity for investors. Here’s why
strong upside potential for silver at the beginning of March, and since then, the price of future contracts has risen by 6.6%. As mentioned in the previous article, one of the major data points supporting silver’s upside potential is the Silver-to-Gold ratio. Excluding the COVID-period decline, the current ratio of 1.09% is near a 30-year low. Gold, which has moved up phenomenally, has also paved the way for silver to gain momentum, as it closely follows in the precious metals category.
22.03 / 06:07
markets
UPS
Provident
country
innovations
International
PLI scheme for textiles being implemented nationwide: Ministry of Textiles
Textiles on a Pan India basis, including Odisha, said the Ministry of Textiles. The PLI scheme promotes the production of MMF apparel, MMF fabrics, and technical textile products to achieve size and scale and become competitive. Rs 1,143 crore is allocated for disbursement under the PLI scheme to companies that achieve the prescribed threshold investment and threshold turnover. Out of the 74 applicants selected under the scheme, 24 are MSMEs. No application is made for setting up a factory in Odisha.
22.03 / 06:07
UPS
Citi
Parke
WhatsApp
prevention
guidelines
Old cars, no fuel from April 1: Delhi petrol pumps to scan and stop overage vehicles, impose hefty penalties
overage vehicles, petrol pumps across the city are being equipped with Automatic Number Plate Recognition (ANPR) cameras from April 1, as per TOI. These ANPR cameras will help identify vehicles exceeding the age limits set by the National Green Tribunal (NGT), enabling petrol stations to refuse fuel to such vehicles. A senior official stated that the initiative aims to ensure better compliance with the government's directive by preventing older vehicles from accessing fuel at authorised stations across Delhi. As per NGT's order, the restriction applies to petrol vehicles over 15 years old and diesel vehicles older than 10 years. Environment Minister Manjinder Sirsa said on Friday, «To reduce vehicular pollution, devices are being installed at fuel stations throughout the city to identify such vehicles, and these cars will be denied fuel.» He further explained that the cameras read and digitalise number plates in real time. Delhi has nearly 500 fuel stations, and ANPRs are already installed at 80% of them. Sirsa mentioned that when an overage vehicle arrives for refuelling, the system will announce it as a defaulter. This system is connected to a central database that checks for violators based on their registration numbers, retrieving details from the government's Vahan portal. Delhi's government has deregistered over 59 lakh such vehicles till last September, with two-wheelers making up the largest share. However, many of these vehicles continue to violate NGT's guidelines and operate on the roads. Delhi began a drive to lift overage vehicles in March 2021. Sirsa added, «We are very serious on the issue of vehicular pollution, and this initiative is part of that.»
22.03 / 05:41
22.03 / 05:41
UPS
Action
Racing
track
innovations
cricket
Sporting
How F1TV changed the way we watch F1
Subscribe to enjoy similar stories. Formula One cars snake around a racetrack track so blindingly fast that viewers need focal points — we need to know where to look, and to know what we’re looking for. F1 isn’t just a sport; it’s a high-octane obsession with perfection, where every bolt, every gear, every millisecond is tuned to scream excellence.
22.03 / 05:41
UPS
Ball
DiRT
performer
Features
diving
Dyson Big Ball: Come for the design, stay for the cleaning
Subscribe to enjoy similar stories. Dyson’s new Big Ball vacuum cleaner with its self-righting design is an intriguing product, not just in terms of design but also performance, and is much more affordable—in the Dyson scheme of things, that is. I tried the Dyson Big Ball ( ₹29,900) for a few weeks, and was impressed by more than its ability to pick itself up after me every time it tumbled.
22.03 / 04:39
COST
UPS
Citi
Manufacturing
Hyundai
Indian car manufacturers announce price hike starting April 2025. Here's which cars get affected
Mahindra & Mahindra will also increase prices across its SUV and commercial vehicle range starting in April 2025 with increments of up to 3 per cent. The manufacturer attributes the higher prices to rising input costs and escalated commodity prices, among other factors.
22.03 / 03:21
UPS
security
War
Doge
show
reports
Why the Pentagon scuttled its briefing of Musk on war plans
Musk's planned visit to a secure room in the Pentagon was called off after The New York Times published its article on the visit, according to a person with knowledge of the matter. On Friday morning, Trump denied that the briefing had been planned. But he also made clear that he thought Musk should not have access to such war plans. «Certainly, you wouldn't show it to a businessman who is helping us so much,» Trump said. He added, «Elon has businesses in China, and he would be susceptible perhaps to that.» I called Eric Schmitt, a Times national security reporter, who kindly stepped into one of the few Pentagon hallways where you can actually get cell service, and asked him to bring us up to speed.
22.03 / 03:09
22.03 / 03:09
UPS
Citi
Man
Metro
Inside
hospital
Delhiite shares what ‘scares’ him most about his beloved city: ‘You can cry in public; no one will ask why’. Netizens say, 'This is a wake-up call'
The man was having a silent breakdown, but no one came to his aid and pointedly ignored him. While the user wanted to comfort him, he too was perplexed if he should violate Delhi’s unsaid rule: Don’t interfere in others' business. “Across from me sat this man...mid to late 40s, maybe older, hard to tell. Shirt untucked, shoes scuffed, clutching a small black plastic bag like it carried something fragile. I noticed him fidgeting with a paper tucked inside. A HOSPITAL RECEIPT. I know because I saw the AIIMS logo on it when he adjusted it on his lap. Maybe I shouldn’t have stared, but Delhi turns you into both an observer and a ghost..." wrote the user.
22.03 / 03:09
UPS
FIVE
Action
President
peace
Ban on Awami Action Committee unjustified, advocated peace and dialogue, opposed all forms of violence: Mirwaiz Umar Farooq
Mirwaiz Umar Farooq on Friday said that the ban on his Awami Action Committee was unjustified based on unfounded allegations as the party since its inception has advocated the politics of outreach, dialogue and resolution and opposed all forms of violence. Mirwaiz addressed Friday congregation at historic Jama Masjid in Srinagar, for the first time since his organization AAC was banned by the Ministry of Home Affairs on March 11, for five years. The ban was imposed for allegedly fuelling anti-India propaganda and secessionism in J&K.
22.03 / 01:21
COST
UPS
Target
Extreme
country
reports
Climate Change and You: Sunny Side Up, or Down?
Subscribe to enjoy similar stories. Dear Reader, I spent some time recently to understand the journey of the renewable energy sector in India, particularly solar power. My interest was piqued by the fact that renewable energy (RE) capacity has surpassed 200 gigawatts, contributing nearly 45% to installed power capacity in India.
22.03 / 01:21
markets
UPS
IPO
wellness
Healthcare
trends
Barclays says half of its private credit deals in India are worth over $100 mn
Subscribe to enjoy similar stories. Private credit funding, in which lenders and borrowers directly negotiate financing without engaging an intermediary, is increasing in size and complexity, as companies look to diversify their source of funding, Pramod Kumar, chief executive officer and head of investment banking - India at Barclays Plc. Barclays, which has been quite active in the private credit space over the past few years, is looking at big-ticket transactions.
22.03 / 00:17
COST
UPS
Gap
BURST
wellness
country
Maharashtra's new power tariff proposal gives jitters to solar companies
Subscribe to enjoy similar stories. Mumbai: When Maharashtra decided to change how it prices power, the idea was simple: Prepare for an expected burst in solar power in the coming years with a model for its efficient use. However, its solution has worried the industry, which fears disruption in the way it does business and raises the cost of power in the country's fifth-largest solar power state.
21.03 / 19:51
UPS
Provident
security
President
country
Department
New Trump order to expand critical mineral production
Donald Trump is invoking emergency powers to boost the ability of the US to produce critical minerals-and potentially coal-as part of a broad effort to ramp up the development of domestic natural resources and make the country less reliant on foreign imports. An executive order signed by the president Thursday taps the Defense Production Act as part of an effort to provide financing, loans and other investment support to domestically process critical minerals and rare earth elements, according to a White House official. The US International Development Finance Corporation, working with the department of defense, will provide financing for new mineral production projects. The order, which also encourages faster permitting for mining and processing projects and a directive for the interior department to prioritise mineral output on federal land, comes as a direct response to long-held concerns among the US and allies that China overwhelmingly controls the processing of some of the most important critical minerals. These elements are used in a number of products from batteries to defence systems that are seen as crucial to the nation's energy and security.
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