UPS Financial News

16.03 / 09:47
markets UPS President Cycling Schools Interviews Housing demand strong, prices to grow this year at more than inflation rate: CREDAI Prez Boman Irani
Housing demand continues to be strong and is expected to grow further on the back of tax incentives offered in the Budget and a recent repo rate cut, CREDAI President Boman Irani said. CREDAI is an apex body for private real estate developers. In an interview with PTI, Irani asserted that there are no signs of demand slowdown in the Indian housing market, rather it will continue to rise in the long-term horizon. However, he said there could be an impact in some markets that are «over-heated» but overall at pan-India level there are no concerns at all on the growth going up only. Short-term blips in a real estate cycle is not something that we need to worry about. We need to see long-term growth," he told PTI in Nashik, where CREDAI recently organised its two-day conference.
16.03 / 09:47
UPS Food PepsiCo trends country innovations Profiles Potential in snacks & packed food business, innovating portfolio for Indian taste: PepsiCo
Jagrut Kotecha said. Pepsico will expand its snacks business in India, as consumption is very low vis-a-vis other countries and with growing urbanisation and more money coming in the pockets with a growing economy, Kotecha expects consumption of packed foods to increase. PepsiCo, the makers of Kurkure and Lays, has internally divided India into nine clusters to match the regional taste buds of «multiple Indias», he said, adding «if you say it's just one India, I think we are not doing enough justice to it.» «You need to design your portfolio, keeping those consumers of India like multiple Indias. So that's on being consumer-centric and starting to work and drilling down on that. And then understanding what the trends are in terms of taste, profile, health and wellness,» Kotecha told PTI.
16.03 / 09:41
UPS Manufacturing economy Trade President country International Raghuram Rajan: Who says the dollar is an exorbitant burden for America?
Subscribe to enjoy similar stories. A prominent economist once told me that macroeconomic policy debates are all about the prime mover, to which other variables respond. The implication, he explained, is that “You can invert policy prescriptions simply by claiming a different forcing variable." A paper by Stephen Miran, published before he was nominated to chair US President Donald Trump’s Council of Economic Advisers, does precisely this.
16.03 / 09:13
markets UPS CEO Racing Software President reports LTIMindtree's Nachiket Deshpande steps down as COO after losing CEO race; to lead global AI team
Subscribe to enjoy similar stories. Less than two months after LTIMindtree Ltd named Venu Lambu as its chief executive-designate, Nachiket Deshpande, the company’s chief operating officer who was a frontrunner in the CEO race, has stepped down from his role. Deshpande, who joined India’s sixth-largest information technology (IT) services company in November 2022 after the merger of Larsen and Toubro Infotech (LTI) and Mindtree, will be take charge as LTIMindtree’s president of global AI services, strategic deals and partnerships, Lambu said in a letter to associates, which Mint has seen.
16.03 / 07:29
UPS IPO Manufacturing wellness International Pharmaceuticals Allchem Lifescience files IPO papers with Sebi; aims to raise Rs 190-cr via fresh issue
IPO comprises fresh issue of equity shares aggregating up to Rs 190 crore and an offer for sale (OFS) of 71.55 lakh equity shares by promoters, according to the draft red herring prospectus (DRHP). Those selling shares in the OFS are Kantilal Ramanlal Patel and Manisha Bipin Patel.
16.03 / 07:29
UPS Williams SpaceX show Videos International Sunita Williams' return: Hugs, handshakes as NASA's stuck astronauts welcome Crew-10 members in space. Watch
Crew-10 mission to the International Space Station (ISS) to bring home NASA astronauts Sunita Williams and Butch Wilmore, who have been stranded in space since last June. Just over a day after blasting off, a SpaceX crew capsule arrived at the International Space Station on Sunday, delivering the replacements for NASA’s two stuck astronauts. The SpaceX Crew-10 members joined the station's Expedition 72 crew after the hatch opened at 12:35am ET on Sunday beginning a long-duration space research mission. SpaceX’s Crew-10 mission successfully docked at the International Space Station on Sunday morning, setting the stage to finally retrieve the two NASA astronauts who have been stuck in orbit for months. The Space-X space capsule docked at the ISS at 12:05 a.m. EST Sunday morning after lifting off Friday from Florida. Video feed showing Crew-10’s dramatic docking onto the ISS was shared live on X. ALSO READ: Sunita Williams' homecoming: SpaceX Crew Dragon opens hatch with ISS to reach stranded astronauts
16.03 / 06:59
UPS Citi Boxing film show stage Relationships ‘Silvatein’: A play that looks at everyday feminism
Subscribe to enjoy similar stories. There is been a resurgence in conversations around regressive patriarchal traditions in relationships with the streaming of Mrs.—the Hindi remake of the Malayalam film, The Great Indian Kitchen. Silvatein, a play by Bengaluru-based theatre director and playwright Shatarupa Bhattacharyya, is especially relevant in this context.
16.03 / 06:59
UPS Oscar show classical travelers Features Paris Fashion Week: Timeless clothes but twisted
Subscribe to enjoy similar stories. The recent autumn-winter 2025-26 ready-to-wear showcases in Paris reflected designers' sharp focus on creating wearable modern clothes that had ample historical references. Dior's Maria Grazia Chiuri, for instance, trained her focus on the classic white shirt, a gender-neutral garment.
16.03 / 05:45
UPS Target security Death Investigations Headlines Who was Abu Qatal, Hafiz Saeed's close aide & most wanted Lashkar-e-Taiba leader killed in Pakistan?
Abu Qatal’s death, which occurred on the night of Saturday in Pakistan’s Jhelum, has made headlines, as he was involved in some of the most devastating terror attacks in Jammu and Kashmir. He was also a close aide to 26/11 Mumbai attacks mastermind Hafiz Saeed. Also known as Qatal Sindhi, he was a senior member of the Lashkar-e-Taiba (LeT) terror group and one of its most wanted terrorists. A key figure with close ties to Saeed, Qatal's activities were far-reaching, and his death is seen as a major blow to the terror network.
16.03 / 05:45
UPS Ball wellness International bowling New Zealand beat Pakistan by 9 wickets in the 1st T20I
The Pakistan batting crumbled against the New Zealand pace attack and the tourists were all out for 91 in 18.4 overs, its fifth-lowest total in T20 internationals. New Zealand easily ran down that total, reaching 92-1 from 10.1 overs with Tim Seifert making 44 from 29 balls and Finn Allen 29 from 17. Tim Robinson was 18 not out and took two runs from the first ball of the 11th over to complete the win. «It was obviously difficult and we weren't up to the mark,» Ali Agha said. «They bowled really well. They were bowling in the right areas and there was swing and seam for them as well. »But out batting wasn't up to the mark. We have won day before the next game and we will try to gather ourselves and be better in the next game."
16.03 / 05:45
markets UPS Waves Target wellness Trade stars Infosys, Wipro can trigger more downsides in Nifty IT index: Anand James
Nifty IT has entered a bear market amid concerns of a US slowdown, breaking key technical supports, including the widening wedge pattern and the 61.8% Fibonacci retracement level. «Last time when a similar downside happened in Nifty IT in April 2000, we saw 44% fall since the break of Fibonacci golden ratio. Similar breakout favoring downsides are seen in heavyweights like Infosys, Wipro, HCL Tech, LTIMindtree and Tech Mahindra which are expected to trigger more downsides in the index,» said Anand James, Chief Market Strategist, Geojit Financial Services.
16.03 / 05:33
UPS FIVE Death President show country reports Why maids keep dying in Saudi Arabia
Nairobi international airport's departures area. They huddle for selfies in matching T-shirts, discussing how they'll spend the money from their new jobs in Saudi Arabia. Lured by company recruiters and encouraged by Kenya's government, the women have reason for optimism. Spend two years in Saudi Arabia as a housekeeper or nanny, the pitch goes, and you can earn enough to build a house, educate your children and save for the future. While the departure terminal hums with anticipation, the arrivals area is where hope meets grim reality. Hollow-cheeked women return, often ground down by unpaid wages, beatings, starvation and sexual assault. Some are broke. Others are in coffins. At least 274 Kenyan workers, mostly women, have died in Saudi Arabia in the past five years — an extraordinary figure for a young workforce doing jobs that, in most countries, are considered extremely safe. At least 55 Kenyan workers died last year, twice as many as the previous year. Autopsy reports are vague and contradictory. They describe women with evidence of trauma, including burns and electric shocks, all labeled natural deaths. One woman's cause of death was simply «brain dead.» An untold number of Ugandans have died, too, but their government releases no data.
16.03 / 05:33
UPS Boeing SpaceX War International 'The hardest thing has been...': NASA's Sunita Williams reveals what she’ll miss about space after returning to Earth
NASA astronaut Sunita Williams and her crewmate Butch Wilmore are finally set to return to Earth after spending nine months aboard the International Space Station (ISS). Their return has been made possible by the launch of SpaceX Crew-10, which lifted off from Kennedy Space Center on Friday night as part of NASA’s Commercial Crew Program. The newly launched crew will replace the current astronauts, ensuring a smooth transition before Williams and Wilmore head back home. NASA in collaboration with Elon Musk's SpaceX will send its crew into space on March 12 to bring back the stranded astronauts. Excited about their homecoming, Sunita Williams and Butch Wilmore shared their excitement about returning to Earth in a press conference. The duo have spent months in space since after their Boeing Starliner spacecraft encountered several technical glitches and returned home without them. ALSO READ: Trump layoffs strike NASA: Will space agency job cuts impact its future projects? Check details
16.03 / 05:33
markets UPS Strategy trends Cycling rights Smallcap stocks under stress but is it time to buy the fear?
Small-cap equities delivered outsized returns in 2023 and 2024, with the Nifty Smallcap 100 Index up 56% and 24% respectively, outperforming both the Nifty Midcap 100 Index (2023: 47% and 2024: 24%) and the Nifty 50 Index (2023: 24% and 2024: 9%). However, since hitting all-time highs in late Sep’24, the trend has reversed with small-cap equities slipping into a bear market, commonly defined as a 20% drop from peak to trough, with the Nifty Smallcap 100 index down 25%. The Nifty Midcap 100 Index and the Nifty 50 Index have seen a 21% and 16% drop respectively from their Sep '24 all-time highs.
16.03 / 02:23
UPS Target Trade President reports Russia and Ukraine trade overnight aerial attacks after Putin sets out conditions for ceasefire
The attacks comes less than 24 hours after Russian President Vladimir Putin met with U.S. envoy Steve Witkoff to discuss details of the American proposal for a 30-day ceasefire in the war with Ukraine. Putin told a press conference on Thursday that he supported a truce in principle but set out a host of details that need to be clarified before it is agreed. Kyiv has already endorsed the truce proposal, although Ukrainian officials have publicly raised doubts as to whether Moscow will commit to such a deal. Speaking to reporters in Kyiv on Saturday, after virtual talks between Western allies hosted by U.K. Prime Minister Keir Starmer, Zelenskyy voiced Ukraine's support for the 30-day full ceasefire proposal to discuss a longer-term peace plan, but said Russia would attempt to derail talks with conditions and «buts». Starmer has told allies to «keep the pressure» on Putin to back a ceasefire in Ukraine, hailing Ukraine as the «party of peace.» Starmer said Putin will «sooner or later» have to «come to the table.
15.03 / 22:15
UPS Ball Racing Updates fencing New Zealand Women vs Sri Lanka Women Live Score: Sri Lanka Women score after 13 overs is 66/4
Venue : Hagley Oval, Christchurch New Zealand Women squad - Emma McLeod, Georgia Plimmer, Maddy Green, Suzie Bates, Brooke Halliday, Flora Devonshire, Jess Kerr, Izzy Sharp, Polly Inglis, Bree Illing, Eden Carson, Fran Jonas, Rosemary Mair Sri Lanka Women squad - Harshitha Samarawickrama, Imesha Dulani, Nilakshika Silva, Vishmi Gunarathne, Chamari Athapaththu, Chethana Vimukthi, Kavisha Dilhari, Manudi Nanayakkara, Rashmika Sewwandi, Anushka Sanjeewani, Kaushini Nuthyangana, Achini Kulasuriya, Inoshi Priyadharshani, Malki Madara, Sachini Nisansala, Sugandika Kumari New Zealand Women vs Sri Lanka Women Live Score: Sri Lanka Women Nilakshika Silva 5 (6) Manudi Nanayakkara 7 (14) New Zealand Women Suzie Bates 0/7 (3) New Zealand Women vs Sri Lanka Women Live Score: Sri Lanka Women Manudi Nanayakkara 6 (11) Nilakshika Silva 3 (3) New Zealand Women Flora Devonshire 1/12 (2) New Zealand Women vs Sri Lanka Women Live Score: Sri Lanka Women Manudi Nanayakkara 2 (7) Nilakshika Silva 1 (1) New Zealand Women Suzie Bates 0/3 (2) New Zealand Women vs Sri Lanka Women Live Score: Four! That is pulled through the on side. The ball races to the fence in no time.
15.03 / 20:41
markets COST UPS Citi reports Eggs are now the new hottest smuggled item into the US, even more than drugs
From crates of contraband eggs being seized at checkpoints to fines being issued for unauthorized poultry products, eggs have suddenly become one of the hottest black-market items according to a report from The Wall Street Journal. In fact, since October, U.S. Customs and Border Protection (CBP) has recorded more than 3,700 seizures of bird and poultry-related products—a staggering number when compared to just 352 fentanyl seizures in the same period.
15.03 / 17:39
markets UPS Google CEO 2020 International Indian shapewear brands clamour to tighten your waist and cinch you, inch by inch
The success stories of Spanx and Skims have made shapewear quite hip—and it’s true for India, too. A Google search for “shapewear in India” results in hundreds of options, including shapewear specialists like Dermawear, startups like ButtChique and The Active Story that started in 2020 and 2023, respectively, intimatewear labels like Nykd by Nykaa Fashion, older brands like Zivame and Clovia, international brands like Marks & Spencer and smaller brands in online marketplaces. There are tummy tuckers, sari shapewear, bodysuits, shaping dresses, 4-in-1 shapers for the stomach, hips, back and thighs, and colours that go beyond the beige, with prices starting from `250 to `7,000. So, is everyone wearing shapewear? Not as many as should, says Abhishek K Kumar, CEO of Dermawear. “In comparison to the global usage of such products, we have only scratched the surface. India still has a long way to go to adapt shapewear in daily life, which underscores the opportunity the market presents.” He that is not keen on loose petticoats and pinching drawstrings. It entered the shapewear segment with high-compression garments targeting occasion wear; that is close to 10% of its portfolio now. She says, “Today, shapewear has moved from thicker fabrics to high-compression thin fabrics. It is also being looked at beyond occasion wear.” She says people now want outerwear with shaping function, like a knit top that shapes the abdomen.

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