UPS Financial News

Happy Hours, Bogo, Ladies Nights, Early Bird offers.… all designed to push the consumer to shell out more than planned. And then there's this nasty thing called surge pricing in aviation and app-based taxi business, the fear of which makes one review and re-review plans.

Piyush Goyal on Friday exuded confidence that the country will emerge as a 'Vishwa Shakti' (global power) in electric vehicles with the introduction of the newly unveiled policy. Tatas, Mahindras or «anybody from the world» can now come to India and create an ecosystem aligned to the EV sector, Goyal told reporters here. The EV policy, which promises duty concessions for EV makers investing a minimum of USD 500 million, is reportedly aimed at attracting leading EV makers to set up a base in the country. «We are now inviting companies from the world over to come to India, the production of EVs should expand in India at a quick pace and we should emerge as a Vishwa Shakti (global power),» Goyal said, speaking on the decision announced a few hours earlier from the national capital.

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Gold and silver prices Today on 15-03-2024 : Check latest rates in your city Now, the prices of the yellow metal will now depend to next week's Fed meeting, where there will be an updated dot plot, and the market is going into the meeting with expectations of a hawkish Fed, as reflected in rising bond yields and a rising dollar index. “Apart from the inflation print the other data's have been indicating a mixed picture of the U.S. economy with manufacturing/ services activity slowing down, unemployment rate ticking up to rising retail sales and lower unemployment claims - keeping sentiments subdued.

Palantir (NYSE:PLTR), a company renowned for its defense and intelligence work with the U.S. government, saw its shares surge significantly in February following its stronger-than-expected Q4 earnings report. Palantir stock is already up more than 42% since the beginning of 2024.

Bitcoin faced intense selling pressure yesterday, with a nearly 10% drop amid record-high prices, reflecting growing apprehension in the market.

As the stock market consolidates 2024 gains, small caps have yet to catch up, prompting speculation about potential entry points amid the recent drop.

Kavitha, daughter of former chief minister and BRS supremo K Chandrasekhar Rao, a day before the Election Commission is set to announce the schedule for the Lok Sabha elections, may have some psychological impact on party workers. Former minister T Harish Rao said at a press conference that the party will hold protests in the headquarters of all the assembly constituencies tomorrow. The Enforcement Directorate arrested BRS leader K Kavitha today in Hyderabad in connection with a money laundering probe linked to the alleged Delhi excise policy scam.

Halifax Mooseheads star winger Jordan Dumais has been suspended for five games after being charged by police for driving under the influence earlier this month.In a statement, Halifax Regional Police spokesperson Const. Paul DesRochers said officers stopped a vehicle in the 2000 block of Brunswick Street in Halifax for a traffic violation around 2:20 a.m.

finance ministry on Friday notified the lower 15 per cent duty rate on the import of electronic vehicles (EV) of a minimum value of USD 35,000, subject to certain conditions, announced under the EV policy. Currently, EV imports attract 100 per cent Customs duty. Earlier in the day, the Heavy Industries Ministry had notified a 'Scheme to promote manufacturing of electric passenger cars in India', under which import duty concessions would be given to companies setting up manufacturing units with a minimum investment of USD 500 million. Following that, the finance ministry notified that EVs of a minimum value of USD 35000 can be imported at 15 per cent duty up to year 2031 by companies that set up manufacturing facilities under the scheme.

interest rate cut in June took a hit after data over the week showed bubbling price pressures. Spot gold was little changed at $2,163.10 per ounce, as of 10:17 a.m. EDT (1417 GMT). Bullion was headed for a weekly drop of 0.6%, its first since mid-February after hitting a record high of $2,194.99 last week.

Mysore Lok Sabha Constituency, one of the 28 constituencies in Karnataka, holds significant political importance in the state. Over the years, it has witnessed shifts and developments, shaping its electoral landscape. Mysore 2024 Lok Sabha Polls: Constituency Composition Presently, Mysore Lok Sabha constituency comprises eight legislative assembly segments. Notably, Madikeri and Virajpet were incorporated into Mysore constituency during the Delimitation process in 2007, marking a significant alteration in its composition.

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Varun Beverages for the setting up of industrial unit at Mendipathar, North Garo Hills. In a function held at Mendipathar, Sangma handed over the land allotment documents to Varun Beverages for the setting up of industrial unit at Mendipathar, North Garo Hills. Sangma, thanking the Chairman of Varun Beverages, Ravi Jaipuria, for his decision to set up the industrial unit in Mendipathar said that this decision has set the pace for private investments in the State and the industrial unit in Mendipathar will transform the lives of the people of the area. He also expressed his gratitude to Meghalaya Industrial Development Corporation (MIDC) for have completed the processes of the land allotment in a record time.

Cocoa prices have climbed past a record set nearly a half-century ago, costing chocolate makers, bakers and aficionados alike. The sharp climb in price for chocolate’s main ingredient started with bad weather in West Africa, where much of the world’s cocoa is grown. Speculators piling into one of the hottest trades outside of artificial intelligence have added fuel to the rally.

High-school history teacher Tambi Lewis rarely goes more than a few minutes during classes without stopping to say to a student, “Put your phone away." Clark County School District in Las Vegas, where she works, prohibits phone use during class, but she said students know enforcement beyond a call home is rare. So all day she catches students scrolling social media, texting each other and watching YouTube videos when they should be completing assignments in their U.S. and world history classes, which are required for graduation.

Bitcoin (BTC) fell below weekly lows on Friday, reaching as low as $65,600 after hitting fresh all-time highs.

Chimpzee ($CHMPZ) is one of the most promising meme coins of this season.

The launch of Bitcoin ETF added a fresh inflow of $500 million into the capital markets and more is set to follow. Enthusiasm around the broader crypto market is picking up and it is expected to draw new people into the ecosystem this bull cycle. Stats like the fact that everyday 1500 Bitcoin wallets become millionaire wallets following the surge of Bitcoin to over $73,000 only strengthen that claim.

The current bull run is still in the early stages, and the pace of inflows is yet to peak but if experts are to be believed, this might just be the most explosive one yet.

Life Insurance Corporation of India (LIC), starting from August 2022, which means that LIC employees will receive arrears for the past two years, according to a report by CNBC-TV18. With the allowances included, the overall raise could go up to 22 per cent, the report added. The development comes as a relief to more than 1 lakh employees and 30,000 pensioners associated with LIC.