UPS Financial News

07.03 / 16:53

UPS Provident Gap Yellow innovations prevention Features Medium-size Baby Diapers for kids weighing 6-11 kgs

Here are 12 best-selling medium-sized baby diapers that have gained popularity for their exceptional performance. From trusted brands to cutting-edge technologies, these diapers are designed to keep your little one dry, happy, and free from diaper-related discomforts. Explore the features and benefits that make these diapers a preferred choice among parents seeking the best for their precious ones.

07.03 / 16:48

UPS Provident community information evacuation Investigations Xcel Energy says its facilities appeared to have role in igniting largest wildfire in Texas history

The utility provider Xcel Energy says its facilities appeared to have played a role in igniting a massive wildfire in the Texas Panhandle that grew to the largest blaze in state history

07.03 / 16:37

UPS IPO Reuters JPMorgan IPO candidate Golden Goose's net revenues up 18% to 587 million euros in 2023

MILAN (Reuters) — Italy's Golden Goose said on Thursday its net revenues had risen 18% at constant exchange rate last year, as the Italian luxury sneaker maker is preparing for an initial public offering on the Milan bourse.

07.03 / 16:25

COST UPS Provident Cabinet approves raw jute MSP hike for FY25, industrial development scheme for northeast

₹285 to ₹5,335 per 100 kg for the 2024-25 season. An estimated 4.0 million jute farmers and their households, and 500,000 workers involved with jute mills will benefit from the move, Union minister Piyush Goyal said while announcing the Cabinet decisions. The MSP for the 2024-25 season is in line with the principle of fixing the minimum support price at a level of at least 1.5 times all India's weighted average cost of production as announced by the government in the budget for 2018-19, an official release said.

07.03 / 16:25

UPS Manufacturing Mobile Apple Xiaomi country electronic Apple, Samsung boost India’s mobile phones exports to ₹1.2 trillion

NEW DELHI : India’s mobile phone exports are expected to cross ₹1.2 trillion at the end of this financial year, reaching a major milestone propelled by the government’s thrust on phone makers such as Apple and Samsung to manufacture locally. The exports would account for nearly one-third of the total domestic production of mobile phones, projected at about ₹4.1 trillion in FY24, the Indian Cellular and Electronics Association said on Thursday.

07.03 / 16:15

markets UPS FIVE Gap information Department ‘Large rocket capacity being doubled, small rocket privatization by June’

₹860-crore contract to make five PSLV rockets in four years. This capacity is now being ramped up through more private vendor participation. Another key area is in completely privatizing Isro’s small rocket—the Small Satellite Launch Vehicle (SSLV).

07.03 / 16:15

markets UPS Provident Target Election reports Cabinet extends ₹300 cooking gas subsidy for another year

NEW DELHI : The Union cabinet on Thursday approved the extension of the ₹300-subsidy on cooking gas cylinders for beneficiaries of the Pradhan Mantri Ujjwala Yojana scheme for the next financial year (FY25). The subsidy was to end this fiscal year. The extension would lead to an outgo of ₹12,000 crore for the government.

07.03 / 16:15

UPS Platform Election President country Equality Shehbaz Sharif thanks PM Modi for felicitating him upon re-election as Pakistan's prime minister

Shehbaz Sharif on Thursday thanked his Indian counterpart Narendra Modi for felicitations on his re-election to the top political position in the country. Taking to microblogging platform X (formerly known as Twitter) the Pakistan prime minister said," "Thank you @narendramodi for felicitations on my election as the Prime Minister of Pakistan." Earlier on Tuesday, Prime Minister Modi congratulated Shehbaz on taking oath as the 24th prime minister of Pakistan. "Congratulations to @CMShehbaz on being sworn in as the Prime Minister of Pakistan," Modi posted on X.

07.03 / 16:15

markets UPS country testing Department International Govt increases outlay for tea development plan by 82% to ₹528 crore for two years

₹528.97 crore for the next two financial years (to FY26), a senior government official said. The scheme is aimed at supporting the development of improved varieties of tea to increase production and quality. India is the largest producer of black tea and the third-largest tea exporter, but exports dipped by more than 4% to $673 million during April-January this fiscal.

07.03 / 16:15

UPS Provident Aware Racing Entertainment Enterprise Sporting Nazara Technologies seeks to acquire Smaaash under IBC

MUMBAI : Mumbai: Gaming firm Nazara Technologies seeks to acquire Smaaash Entertainment Pvt. Ltd through the insolvency and bankruptcy process, two people aware of the matter said. As part of the corporate insolvency resolution process, Nazara will submit its resolution plan by 9 March to revive the bankrupt firm.

07.03 / 16:15

COST UPS Provident Target FIVE International DA hike, India AI Mission and a Women's Day gift: 6 Union Cabinet decisions announced today

continuation of a targeted subsidy of ₹300 per 14.2 kg cylinder for up to 12 refills per year. Beneficiaries can avail of this scheme starting April 1, 2024, till March 31, 2025. "The total expenditure for this will be ₹12,000 crores," said Piyush Goyal.

07.03 / 16:13

UPS MSCI country Alliance Trust outperforms benchmark in 2023

According to its annual results for the year to 31 December 2023, the trust offered a share price return of 20.2% and a NAV total return of 21.6%, compared with its MSCI All Country World index benchmark return of 15.3%. The trust has also raised its dividend 5% on the previous year's figure, up to 25.2p per share thanks to the addition of a Q4 interim dividend of 6.34p. Spread between ten underlying equity managers, the trust's portfolio is highly concentrated, with 9% allocated to Jupiter Asset Management. Given the pending departure of manager Ben Whitmore, Numis analysts Ash N...

07.03 / 16:13

UPS European Central Bank cuts growth and inflation projections as rates held steady

After ten consecutive rate hikes, the central bank's key rate has remained unchanged at 4% since September 2023, up from -0.5% in June 2022. The latest ECB staff projections now see economic growth at 0.6% in 2024, down from a previous forecast of 0.8%, with economic activity expected to remain «subdued» in the near term. Inflation forecasts have also been revised down thanks to a lower contribution from energy prices. Staff now project inflation to average 2.3% in 2024, down from 2.7%, then hitting 2% in 2025 and 1.9% in 2026. Christine Lagarde: European Central Bank likely to cu...

07.03 / 16:06

UPS Southern OXY Inside information reports After Ohio train derailment, tank cars didn't need to be blown open to release chemical, NTSB says

The head of the National Transportation Safety Board told Congress Wednesday that the decision to blow open five tank cars and burn the toxic chemical inside them three days after a Norfolk Southern train derailed in Eastern Ohio last year wasn't justi...

07.03 / 16:05

UPS Target Manufacturing economy Trade show China's exports and imports beat estimates for first 2 months, signaling improving demand

China’s exports and imports for the first two months of the year beat estimates, an indication that demand may be improving as Beijing attempts to speed up its economic recovery

07.03 / 16:05

UPS Rugby show gay queer Sporting athletics Gird your loins! Jockstraps are still holding up after 150 years

Happy 150th birthday, dear jockstrap

07.03 / 16:05

markets UPS BLOCK Digital Action Apple Videos European regulators want to question Apple after it blocks Epic Games app store

European Union regulators want to question Apple over accusations that it blocked video game company Epic Games from setting up its own app store

07.03 / 16:05

markets COST UPS economy European Central Bank keeps key interest rate at a record. Inflation is down, so when will it cut?

The European Central Bank has left its key interest rate at a record high as it waits for more confirmation that toxic inflation is under control for good

07.03 / 16:05

UPS Progressive Action Research community President Justice Activist to foundation leader: JPB's Deepak Bhargava to deliver ‘lightning bolt’ to philanthropy

As longtime progressive movement organizer Deepak Bhargava takes the reins of the multi-billion-dollar JPB Foundation, he is unveiling an ambitious plan to give big to democracy strengthening efforts

07.03 / 16:05

markets UPS Google wellness Justice Department Justice Department beefs up focus on artificial intelligence enforcement, warns of harsher sentences

The Justice Department is stepping up its focus on artificial intelligence

07.03 / 16:05

COST UPS Cooper Strategy Trade Relationships Australian Australian and Vietnamese prime ministers elevate their nations' booming economic relationship

Australian and Vietnamese prime ministers have discussed ways of improving an already booming economic relationship, as part of Australia’s strategy to diversify trade away from China

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