UPS Financial News

20.02 / 17:43
UPS Citi Provident Manufacturing Mobile country Scrapping your old car may fetch more soon
₹10,000 crore and create 35,000 jobs, something that failed to materialize as owners chose to continue to sell old vehicles in rural areas instead. “The reason for the failure of this scheme is lack of incentives," said a government official, one of the two people cited above. "So, the plan is that both the government and automobile manufacturers offer incentives to the consumers—government incentives may come in the form of taxes, and auto manufacturers incentive could come in the form of discounts on the price of the vehicle," the official added.
20.02 / 17:39
markets COST UPS Food country Inflation slowed sharply to 2.9% in January as gas prices fell
The annual rate of inflation across the country eased half a percentage point in January thanks largely to lower gas prices, according to Statistics Canada.
20.02 / 17:25
UPS Instagram Actor love actress information Anushka Sharma, Virat Kohli welcome baby boy Akaay— what does the name mean?
Virat Kohli and wife and actress Anushka Sharma announced the arrival of their second child, a baby boy. According to the joint statement put up by the couple on social media platform Instagram, the baby boy was born on February 15, 2024. Anushka Sharma and Virat Kohli informed that they had named their child Akaay.
20.02 / 16:29
UPS Citi Action Airlines wellness stage travelers What's behind Germany's transport strikes that have stranded air, rail and bus travelers?
Thousands of travelers across Germany have found themselves stranded after ground staff walked off the job at seven of the country’s biggest airports
20.02 / 16:29
markets UPS Provident Trade consequences reports Walmart posts another strong quarter, but shoppers spending less per trip
Walmart reported another quarter of stellar results, ending the year on a high note as its low prices attract shoppers looking for deals in an economically challenging environment beset by a recent bout of inflation
20.02 / 16:29
UPS Digital Platform TikTok European Commission social Investigations TikTok faces EU scrutiny for possible breaches of strict new digital rulebook
The European Union is looking into whether TikTok has broken the bloc’s strict new digital rules for cleaning up social media and keeping internet users safe
20.02 / 16:11
UPS FIVE security shock recommendations Farmers set to resume protest; police beef up security at Delhi borders
NEW DELHI : Delhi Police on Tuesday directed security personnel deployed at the city’s Tikri, Singhu and Ghazipur border points to stay alert after farmers threatened to resume their protest on Wednesday and march towards the capital. Farmers late on Monday rejected the government’s proposal to buy pulses, maize and cotton crops at guaranteed prices for five years, and announced they would continue with their ‘Delhi chalo’ agitation.
20.02 / 15:47
UPS BLOCK WhatsApp reports International stake Yum Restaurants likely to sell entire 4.4% stake in Devyani International via block deals: Report
Yum Restaurants India is likely to exit quick service restaurant major Devyani International by selling a 4.4% stake through a block deal on Wednesday, according to news reports. Through the sale, Yum Restaurants plans to raise around Rs 815 crore, reports said.
20.02 / 15:47
UPS Reuters Platform reports Schools Flipkart looking to buy Reliance-backed Dunzo: report
Flipkart has held discussions over potentially acquiring the on-demand delivery platform Dunzo, TechCrunch reported on Tuesday, citing three people familiar with the matter. While talks are still ongoing, complexities surrounding Dunzo's ownership structure have impeded the two parties from coming to an understanding over a deal, the report said.
20.02 / 15:47
UPS MET Dreams stage country Sporting RP Sanjiv Goenka Group to explore NE states for renewable energy project
RP Sanjiv Goenka Group, with revenue exceeding USD 4 billion, has expressed interest in exploring investment opportunities in the Northeast, including renewable energy. The group officials had a preliminary one-on-one meeting with the Minister of State for Development of North Eastern Region (DoNER), B L Verma. He was in Kolkata for an investment roadshow for the northeast and met a few business houses from the region to understand the sectors and how the government can assist in taking forward the projects. According to sources, the RP Sanjiv Goenka Group has expressed willingness to explore hydropower opportunities besides evaluating other sectors.
20.02 / 15:47
UPS Provident students performer information rights Colleges After criticism, Stephen's College withdraws order on suspension of students for missing assembly
morning assembly, the Stephen's College on Tuesday withdrew the decision clarifying that the email sent to students was «incorrectly worded» and «miscommunicated». In an email addressed to students and their parents, Stephen's College principal John Varghese clarified will that there will be no suspension with regard to attendance for the morning assembly. «On Saturday, 17th February 2024 an email was sent from my office. It was a miscommunication, incorrectly worded and my sincere apologies for that. I was also not copied on that email, a practice which is normally followed when I instruct my office to communicate, in written mode, on my behalf. Let me therefore set right the matter through this email,» the email by Varghese read. The principal also stated that the morning assembly held in the college is an old tradition and not organised as a religious exercise while pointing that small portions from several religious and philosophical texts are read out during the assembly.
20.02 / 15:47
markets UPS Aviat Progressive Airlines Boeing International The right bet: Rakesh Jhunjhunwala's dream is set to soar higher
Ryanair, of low cost and sustained profitability, India’s newest airline Akasa Air’s journey to the top of the charts has been rather astounding. The airline, backed by legendary investor Rakesh Jhunjhunwala, who died soon after the launch of the airline in August 2022, is set to cross a milestone. It will fly beyond the Indian borders from March 28 with its first international flight scheduled to Qatar. Notably, this achievement comes in merely 19 months of its going operational. Akasa was granted the licence to fly internationally by the Ministry of Civil Aviation last year on September 20. Exiting 2023 with a fleet size of 22 aircraft, including 21 Boeing 737 MAX 8 and one Boeing 737 MAX 8 200, the first of its kind in Asia, Akasa Air is ready for its next phase of growth. It further fuelled its international flying ambitions when in January the new airline welcomed two Boeing 737 MAX 8 aircraft to its growing fleet. Since it started flying in 2022, Akasa has garnered a market share of 4 per cent as against another low-cost but much older airline SpiceJet's 5.6%. The Indian aviation market is dominated by IndiGo, which has a nearly 60 per cent market share, and the Tata Group whose airlines have a combined share of nearly 26 per cent.
20.02 / 15:41
UPS performer reports prevention Videos West Bengal news: BJP allegedly hurls 'Khalistani' jibe at IPS officer in Sandeshkhali; Sikhs plan protest. What we know
Sandeshkhali saw a newer problem erupt when Bhartiya Janata Party (BJP) workers allegedly called an IPS officer deputed at Dhamakhali, a ‘Khalistani’. The Sikh IPS officer had been stationed to prevent senior West Bengal BJP leader Suvendu Adhikari from visiting restive Sandeshkhali in North 24 Parganas district. Here's what we know so far IPS officer Jaspreet Singh, who along with his team was deputed at Dhamakhali and had put up barricades to stop Suvendu Adhikari from visiting Sandeshkhali located just across Kalindi River, was allegedly called a "Khalistani" by a group of BJP supporters.
20.02 / 15:41
markets UPS Dash Platform Food performer reports Zomato vs DoorDash: Homegrown food delivery platform performs better than US major
Zomato performed better than US-based food delivery platform DoorDash. According to brokerage firm Elara Securities, DoorDash reported 27% year-on-year (YoY) revenue growth to $2.3bn in Q4CY23 whereas Zomato food delivery adjusted revenue grew 29.4% YoY to ₹20.3 billion in Q4CY23, higher than Dash Dash also reported lower gross order value (GOV) YoY growth at 22% vs Zomato’s 27%. Dash's GOV and revenue growth is attributed to a 23% YoY increase in total orders, growing the number of users grew to 37 million, higher average order frequency, and better advertisement revenue.
20.02 / 15:41
UPS economy Food wellness Trade performer country India set for strong growth in FY25 amid global headwinds: Finance ministry
NEW DELHI : India’s economy is performing well, with risks evenly balanced, to achieve 7% growth in FY25, but geopolitical tensions and geo-economic fragmentation pose risks to the country’s growth, the finance ministry said in its latest monthly economic review. In its economic review for January, the ministry said risks to global trade, including a spike in commodity prices due to the Houthi militant group’s attacks on important trade routes in the Red Sea region, have resulted in supply chain disruptions.
20.02 / 14:53
UPS FIVE security WhatsApp Traffic Day ahead of farmers' march, police beef up security at Delhi borders
Tikri, Singhu and Ghazipur border points to stay alert and conducted mock drills on Tuesday, a day ahead of protesting farmer's proposed march towards the national capital. The move came a day after the protesting farmers rejected the Centre's proposal to buy pulses, maize and cotton crops through government agencies at minimum support price (MSP) for five years, and announced to continue with their 'Delhi Chalo' agitation on Wednesday. In the fourth round of talks with the farmer leaders on Sunday, a panel of three Union ministers proposed that government agencies would buy pulses, maize and cotton at the MSP for five years after entering into an agreement with farmers. Farmer leaders refused the proposal, saying it was not in favour of farmers. Delhi Police officials said security personnel deployed at the three borders were on Tuesday asked to stay on alert. They said commuters might face traffic congestion.
20.02 / 14:53
UPS Racing President Wildlife biodiversity fencing The planet needs solar power. Can we build it without harming nature?
But for a nation racing to adopt renewable energy, the land is prime for something else: solar panels. The sun shines strong, the terrain is flat and high-voltage transmission lines are in place from a decommissioned coal plant. Energy collected here could speed to major metropolitan regions across the West, part of a colossal wave of clean power needed to stave off the worst effects of global warming. Animals need humans to solve climate change. But they also need places to live. Loss of habitat is the top driver of a staggering global decline in biodiversity, the variety of life on Earth. The boom in solar power, set to be the fastest-growing energy source in the United States, is predicted to fence off millions of acres across the nation, blanketing them in rows of glassy squares.
20.02 / 14:53
markets UPS Manufacturing Assurant Food DISH trends Best rice in India- Here are the Top 10 picks just for you
In this article, we present you with a wide range of brands of rice that promise you not just quality but different flavors you can delight in guilt free.
20.02 / 14:53
UPS security Justice show information Courts NOT Surprising that Sandeshkhali's main accused Shajahan Sheikh not arrested yet: Cal HC
Kolkata: The Calcutta High Court on Tuesday expressed surprise that Shajahan Sheikh, the main accused and «core» of the Sandeshkhali issue, has not been arrested by the state police so far, and said it does not know «whether he is being protected». The division bench, headed by Chief Justice T S Sivagnanam, also refused to interfere with a single bench order on Monday that allowed BJP leader Suvendu Adhikari and another party MLA Shankar Ghosh to visit the Sandeshkhali village. Adhikari was earlier in the day stopped by police, citing prohibitory orders in the area. «If one person can hold the entire population to ransom, then that person should not be encouraged by the ruling dispensation,» the court observed.
20.02 / 14:53
markets COST UPS Citi Sustainability Office fit-out costs across India’s key cities up 4.5% on year in 2023-24: JLL
India continues to rise, mirroring ongoing inflationary pressures, higher commodity prices and increased construction costs. The average cost to fit-out workplaces with medium specification across India increased 4.5% from a year ago with the average fit-out cost per sq ft rising to Rs 5,788. Mumbai continues to be the most expensive city in India for office fit outs at an average of Rs 6,588 per sq ft followed by New Delhi at Rs 6,068 per sq ft, showed global property consultant JLL’s Asia Pacific Fit-Out Cost Guide 2023-2024. “India’s supply-chain performance has improved significantly over the last two year, coping better to the global disruption, and varying regulatory frameworks. Largely, input costs have decreased due to reduced global raw material prices, however increasing labour costs remains set on an upward trajectory. This industry is also making efforts to modernise and streamline the supply chain to enhance efficiency and competitiveness,” said James Jipu Jose, Managing Director, Project & Development Services (PDS), India, JLL.

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