UPS Financial News

Despite the broad-based tech bull market, times haven’t been easy in the EV space. From big boys like Tesla (NASDAQ:TSLA) and BYD (OTC:BYDDF) to emerging startups such as Canoo (NASDAQ:GOEV) and Sono Group (OTC:SEVCQ), the industry appears to have lost momentum on both the equity and financial sides. 

Our AI was just rolling out the red carpet for our subscribers with the Super Micro Computer (NASDAQ:SMCI) success, which skyrocketed by an impressive 295% YTD, when it spotlighted another star: MicroStrategy (NASDAQ:MSTR).

Stocks that are trading heavily or have substantial price changes on Thursday: Burlington Stores, Kroger rise; Victoria’s Secret, Infinera fall

SpaceX is set to acquire public land from Texas after the Texas Parks and Wildlife Commission approved a land-swapping deal that would cede 43 acres to entrepreneur Elon Musk's company in exchange for 477 acres that are yet to be bought

Sandeshkhali will sweep Bengal" and decimate the ruling party, Trinamool Congress supremo Mamata Banerjee on Thursday met a group of women from Sandeshkhali and accused the BJP of spreading lies about her party. Asserting that Bengal was the safest place for women, Banerjee hit out at PM Modi, asking why is the BJP silent on Bilkis Bano, Hathras rape case of UP, women of Manipur and women athletes who have accused BJP leader and WFI president of sexual assault. Banerjee said that a «political tornado» will rise against the BJP while claiming that the BJP is angry with the Trinamool as the party doesn't allow divisive politics in Bengal.

Supreme Court on Thursday verbally observed that the decision of Maharashtra speaker Rahul Narwekar using the test of legislative majority to declare Eknath Shinde's faction as the real Shiv Sena could be contrary to the court's judgment in May last year. «He (the speaker) says which faction is the real political party is discernible from the legislative majority which existed when the rival factions emerged. Is it not contrary to the judgment?» a bench headed by Chief Justice of India (CJI) D Y Chandrachud remarked verbally, referring to paragraph 144 of the speaker's order. «The whole submission is contrary to the judgment of our court,» the bench added.

women borrowers rising at a faster pace than their male counterparts, a report by credit bureau CRIF Highmark said. The portfolio outstanding of women borrowers grew to Rs30.95 lakh crore in December’23, from Rs 26.00 lakh crore in December’22, up by 19 percent compared to a 17 percent growth in the overall retail portfolio which went up to Rs 117.36 lakh crore in Decmber’23, from Rs 100.29 crore in December’22 registering a year-on-year growth of 17 percent data with the credit bureau showed. The number of women borrowers with active loan stood at 7.83 crore as of December 23, increasing from 6.65 crore as of December 22 with a year-on-year growth of 17.8 percent. The number of men borrowers with active loans increased to 20.17 crore as of December 23 from 17.83 Crore as of December 22, with a year-on-year growth of 13.1 percent.

Kuldeep Yadav. He has a spring in his steps, he bounds into the crease and puts his entire body into delivering the ball. From there on, it’s like he has the ball on a string. It goes above the batman’s eyeline and then dips, dropping like a bird of prey that has its catch in sight. On the first day of the fifth and final India-England Test at Dharamsala, Kuldeep hit his straps and he was irresistible. Once again, England had got off to a bright start, getting to 137 for 2 at a fast clip. Zak Crawley, who was careful against the quick bowlers in an initial probing spell, settled in against the spinners, using his long reach to good effect. Kuldeep then produced a bit of magic, drawing the batsman forward and getting the ball to break sharply to defeat the bat and crash into the stumps. Crawley had made 79 of England’s runs at the time.

As many professional workers have settled into now well established hybrid work patterns, banks and other financial services companies have stood out in recent weeks for the battles they are still having with staff.

The Canada Revenue Agency has already received more than 2.5 million 2023 personal tax returns as of March 4. Of those, over 95 per cent were electronically filed, with only five per cent of Canadians mailing in their returns.

Like kids waiting for Santa Claus, floating-rate mortgagors have waited months for the Bank of Canada to deliver savings. Instead, the central bank delivered another lump of coal March 6 — no interest rate cut and little hope of cuts for months.

Martina and Matt Campbell did all the right things in their 20s. They established their careers, scrimped and saved, had some great adventures and in 2015 bought a house in their hometown of Calgary. It was a bungalow, a fixer-upper, and they did the fixing themselves: redoing the floors, electrical and heating, adding a garage and transforming the house into a forever-type home.

Bharat Jodo Nyay Yatra, Congress' Rahul Gandhi on Thursday announced five «guarantees», as part of its pre-poll promises ahead of the Lok Sabha elections. These guarantees focussed on job creation for the unemployed youth, and included a vow to immediately fill up 30 lakh vacancies for permanent jobs in the central government if Congress is voted to power. «We have counted that there are 30 lakh government vacancies. Modiji and BJP won't fill these up.

gender traps? By earmarking March 8 as day to celebrate women and being woman, could we — women included — be entrenching biases so ingrained in our patriocratic societies that we fail to see how, say, in marriages, men bragging about their wives being the ones ‘solely to be credited’ for their beautiful homes is a backhanded compliment that’s a mere room away from the grating adage of the woman’s place being in the kitchen? Ascribing the married woman as the lord and master (sic) of the household is proscribing her role, whether in business, ownership of wealth, decision-making, interests…. Most (arranged) marriages come retrofitted with a ‘Napoleon strategy’, referring to a short man seeking out shorter men to appear relatively tall. In the case of choosing a son’s wife, a careful selection is made from the ‘bridal catalogue’ in which the woman is less qualified, comes from a less wealthy household (the ‘ghar jamai’ holding a special fear in the patriocratic universe), is less voluble, is less tall….

Servotech Power Systems on Thursday said it will invest Rs 100 crore for setting up a facility to manufacture components of EV chargers. The project will come up at Sonipat in Haryana, Servotech Power said in a statement. «The company is investing Rs 100 crore for setting up an EV charger component manufacturing facility. The plant will have an initial annual production capacity of 24,000 power modules,» it said. Its production capacity will be ramped up to 2.4 lakh in order to cater to the rapidly growing Indian EV market which will require around 6 lakh units annually, the company said.

regional political parties in Kashmir alleged that a major section of the audience for Prime Minister Narendra Modi’s rally in Srinagar on Thursday consisted of government employees directed to attend the meeting by the administration. The leaders accused the administration in J&K of acting as ‘BJP pracharaks’ and mobilising people for the PM’s rally. Former chief minister of J&K Mehbooba Mufti while sharing a video on social media wrote that the government employees were ‘herded’ at 5 am in sub zero temperatures into vehicles at Budgam bus stand and ferried to PM’s rally. “Disheartening to see employees being forcibly mobilised to paint a pretty picture that all is well post 2019 and that people here are celebrating their own collective disempowerment and humiliation,” she wrote. The PDP leader said that this stands contrary to earlier visits by previous PMs like Atal Bihari Vajpayee and Dr Manmohan Singh at the peak of insurgency, when common people thronged to the venues with great enthusiasm and returned with hope in their hearts.

Mukesh Ambani to give Mickey Mouse a new home in India. But the $8.5 bn merger between Disney and Reliance will also take him one step closer to creating the world's largest digital telecom giant. Apart from obvious media consolidation, expect massive disruption in the advertising landscape and a direct challenge to the likes of Google and Meta. On the face of it, a Unilever may gain with bigger consumer access. But what if the latter faces a future chokehold once Reliance FMCG labels and brands force it to pay more to advertise on this mega digital platform? By merging apps, cross-selling and piggybacking on 750 million viewers — an estimated 40% viewership share in linear TV, 50%-plus in digital — the combo will have unparalleled access to content and reach, thereby giving it an edge to streamline cost and revenue benefits that no one else could have achieved on their own without looking at a much longer timeframe.

Torrent Power on Thursday said it has bagged a contract from Maharashtra State Electricity Distribution Co Ltd for setting up 306 MW solar projects worth Rs 1,540 crore under the PM-KUSUM Scheme. The company in a statement said that the Letter of Award (LOA) for the project was handed over by Maharashtra Deputy Chief Minister Devendra Fadnavis. «Torrent Power has emerged as a successful bidder and has received Letter of Award from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) on March 7, 2024, for setting up of 306 MW grid-connected solar power project, at 48 distributed locations, across Nasik District, Maharashtra,» the statement said. The project is conceived by MSEB Solar Agro Power Ltd (MSAPL) under Mukhya Mantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0) scheme for implementation of feeder level solarisation under Component C of the PM-KUSUM scheme connected to the distribution network.

In this article, you will find the best cotton diaper pants for your baby backed by their satisfied customer reviews and feedback.

Till September 2023, 77% of the loans under Rs 1 lakh were given out by fintech lenders, from around 50% in FY18. In value terms, fintechs accounted for 50% of market share with non-banking lenders making up 25%. In FY18, this share was 34% for NBFCs and 29% for fintechs, according to the report titled ‘Charting New Horizons for Fintech Lending: Navigating Profitability and Scalability’.

industrial development scheme called Uttar Poorva Transformative Industrialization (UNNATI) scheme, for northeast states to generate gainful employment and for the regions’s overall socio-economic development. Under the scheme, incentives would be provided to investors for setting up new units or undertaking significant expansion of the existing units. The scheme will be effective from the date of notification and up to March 31, 2034, along with eight years of committed liabilities.