UPS Financial News

Bitcoin spot ETFs in the United States absorbed another $477 million in net flows on Thursday, maintaining record growth despite a revival of outflows from the Grayscale Bitcoin Trust (GBTC).

A New York judge has ordered Donald Trump and his companies to pay $355 million in penalties

There is always a big focus at this time of year on putting the right amount of money into your registered retirement savings plan. Quite frankly, that can be the easy decision.

TORONTO — The high cost of not having enough money is being brought into focus by a class-action lawsuit at one of the country’s largest banks.

January is usually a pretty quiet month for homebuying. Not so this year as sales have surged well ahead of the spring home hunting season.

Narmada Gelatines declared their Q3 FY24 results on 14 Feb, 2024. The topline decreased by 8.69% & the profit decreased by 39.36% YoY.

Radaan Mediaworks India declared their Q3 FY24 results on 14 Feb, 2024. The topline increased by 25.59% & the loss decreased by 23.28% YoY.

Palash Securities declared their Q3 FY24 results on 14 Feb, 2024. The topline decreased by 31.11% & the loss decreased by 59.21% YoY.

Rathi Steel & Power declared their Q3 FY24 results on 14 Feb, 2024. The topline decreased by 41.43% & the profit decreased by 73.75% YoY.

MPL Plastics declared their Q3 FY24 results on 14 Feb, 2024. The topline decreased by 0% & the profit increased by 30% YoY.

Union Bank of India has received bids for four stressed loans worth more than ₹520 crore from ACCIL Corporation, SDB Developers, Jaypee Healthcare and Gammon India, at less than half the value of the loans. It was on a 100% upfront cash basis to ARCIL, CFM ARC, JC Flowers and Omkara ARC. JC Flowers Asset Reconstruction Company emerged the frontrunner to acquire distressed loans of Jaypee Healthcare, while Omkara ARC is in fray to acquire Gammon India loans from Union Bank of India. The government bank received binding bids for four stressed accounts with outstanding loans of ₹525 crore and resulting in 34%-90% recovery. The bank will hold a Swiss auction process on February 21 and accept a minimum bid at 5% mark up to the base bid, according to a bank document.

Cat Deeley and Ben Shephard¸ being made the new hosts of This Morning, the ITV daytime show. The pair will be replacing Holly Willoughby and Phillip Schofield, leaving the disrupted show in May and October individually.

BSNL) and Mahanagar Telephone Nigam (MTNL) for the slow pace of their land monetisation process, especially in the metro cities. They have released only ?550 crore from land monetisation in the past few years, compared with the estimated potential of over ?20,000 crore. «BSNL and MTNL have been asked to speed up the process of land monetisation as the Centre is looking to reduce the debt of both telecom-sector PSUs,» a senior official aware of the matter told ET. Cabinet Secretary Rajiv Gauba called a review meeting with the senior officials of BSNL and MTNL earlier this week to take an update on the monetisation process. «They have been asked to prepare a detailed circle-wise report, with the land parcel and reason for the delay or possible hurdles, by May 31,» another official said.

NFRA) will initiate the first annual inspection of key audit firms-including the Big Five-latest by April, focussed on their processes and standards adopted, people aware of the regulator's thinking told ET. The regulator will also gauge the Big Five's compliance with the suggestions made in its December 2023 reports in which it had flagged deficiencies in their work processes, including on non-audit services that they provide to the same companies of which they are the statutory auditors, one of the persons said. It will select some other auditors as well for the inspections, based on certain «risk-based parameters» that it's finalising by using data analytics, ET has learnt.

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Edited excerpts: So, first thing to say is we are at a historically high point and the bilateral relationship has never seen as much prospect and forward movement as we’ve right now. There are three underlying drivers that are driving this bilateral relationship. One, for the first time in our history, Australia and India have a very high level of strategic alignment.

Before the series began experts mocked England’s Bazball methods, saying that it would not work over a sustained period of time and that it could not work in subcontinental conditions. Less than halfway through the third Test, almost at the midway point in the series, Rohit Sharma packed the leg side field and asked Mohammad Siraj to bowl bouncer after bouncer to two set batsmen. Here was an Indian captain taking a leaf out of the Ben Stokes playbook. At the end of the second day of the Rajkot Test — where the highlight for India was R Ashwin picking up his 500th Test wicket — England controlled the game. India, from 33 for 3, recovered to 237 for 4 and just as they were on the ascendency again, lost quick wickets. This inconsistent, stopstart batting meant the home team ended with 445, having batted out 130.5 overs in very good batting conditions.

JSW Group is investing about ₹2 lakh crore in Odisha in steel, cement and electric vehicles among other businesses, aiming to establish one of India's largest industrial complexes by leveraging the state's abundance of natural resources such as iron ore. «Whenever and wherever JSW Group contemplates making investments, Odisha has always been the top destination in mind,» group chairman Sajjan Jindal told ET. «We have already invested ₹30,000 crore here so far and we are committed to invest an additional ₹1,65,000 crore.» Last week, the $23 billion JSW group signed an MoU with the Odisha government for an electric vehicle project. The company has a presence in steel manufacturing, power, cement and ports in the state.

Goldman Sachs Group Inc. boosted David Solomon’s compensation 24 percent to $31 million for a year in which earnings slumped at the Wall Street giant.

Pontera, a fintech firm that specializes in helping advisors manage 401(k) accounts more effectively, has announced another collaboration to help advisors meet the evolving needs of retirement savers.

If you too cannot find time for a workout from your busy life, then you must invest in a pedal exerciser. This portable equipment can be used while keeping it under your work desk or in your living room while you complete your daily chores. Light workouts using pedal exercisers can help tone muscles, lose weight, and improve concentration. Here is a list of the 10 best pedal exercisers you can consider buying.