UPS Financial News

For some people it’s easy to pick the perfect Valentine’s Day gift. They’re buying for themselves. Self-gifting is on the rise for Cupid’s holiday as more consumers grow tired of receiving duds from their spouse or significant other, enjoy the empowerment of treating themselves or celebrate the single life.

True or false: There’s a no-fly list for dogs and your pet might be on it. Travelers like Megan Moskowitz say it absolutely exists. When Moskowitz tried to fly with her dog, an English cocker spaniel named Maci, to visit family in Indiana, she says United Airlines agents at Newark Liberty International Airport wouldn’t let Maci on the plane.

Toronto neighbourhood are calling on the municipal government to take action when it comes to a homeless encampment located in their community.The group, comprised of more than a dozen local businesses and residences, has penned a letter to Mayor Olivia Chow and other officials. It raises a number of significant safety concerns.“Residents are experiencing fear, stress and anxiety from this encampment,” the letter reads in part.Clarence Square Park, located near Front Street West and Spadina Avenue, is now largely occupied by tightly-situated tents.The letter is also addressed to Spadina-Fort York councillor and Deputy Mayor Ausma Malik, Toronto Police Chief Myron Demkiw, MPP Chris Glover and MP Kevin Vuong.Residents say they have witnessed a number of incidents over the past several months alone.

Spacenet Enterprises India Limited (NSE: SPCENET), a prominent global trading entity with substantial operations in Hong Kong and Dubai, has reported an exceptional 486% increase in its consolidated profit after tax (PAT) on an annual basis. This significant growth highlights Spacenet's focused strategy on diversifying its investment portfolio by incorporating stakes in pioneering, disruptive technology enterprises.

BENGALURU : Sula Vineyards, India's biggest wine manufacturer, reported a more than 9% rise in third-quarter profit on Tuesday, helped by increased demand for its premium brands and wine tourism business. The Mumbai-headquartered company said its consolidated net profit rose to ₹42.98 ($5.2 million) from ₹39.28 a year ago.

Narendra Modi received a warm welcome outside his hotel in Abu Dhabi on Tuesday after he arrived in the Gulf country to inaugurate the first Hindu temple in the United Arab Emirates' capital city and participate in the World Government Summit. Members of the Indian diaspora in Abu Dhabi lined up outside the hotel where the Indian prime minister was scheduled to stay and raised slogans of 'Modi-Modi, Modi Hai to Mumkin Hai and Bharat Mata ki Jai' as PM Modi arrived there. The Indian prime minister also warmly greeted the passionate Indian diaspora with namastes and shook hands with some of the members.

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₹420 discount. The listed price was ₹2,550. In addition, I also received a MAC cleansing oil free," she said.

earbuds. If you are looking online for the perfect earbud to gift your loved one this special day then you reached the right page. We have curated a list of the best earbuds for women that you can consider gifting your partner this Valentine's Day.

In a year marked by inflation and economic challenges; interestingly, there has been a surge in the discretionary spending on consumer products by India’s growing middle class. One of the driving factors behind this consumption uptick is the improved access to unsecured loans. The rise of fintech and digital lenders has played a pivotal role in improving the ease of borrowing especially for the tech-savvy Gen Z customers. Further, advent of data analytics and increased focus on customer centricity has ushered in innovative products including no-cost EMI options. According to a study, ~75% of customers used credit to acquire consumer durables and home appliances.

The latest inflation numbers show that the US inflation rate is above forecasts. The annual inflation rate in the US fell back to 3.1% in January 2024 following a brief increase to 3.4% in December but came higher than forecasts of 2.9%. Compared to the previous month, the CPI edged up 0.3%, the most in four months, and above forecasts of 0.2%. Also, annual core inflation held steady at 3.9%, compared to expectations it would slow to 3.7%. The monthly rate edged up to 0.4%.

Anurag Singh Thakur, minister of information and broadcasting, and youth affairs & sports, released the ‘Revised Policy Guidelines for setting up Community Radio Stations in India’ on the occasion of ‘World Radio Day’ during the Regional Community Radio Sammelan (South) on 13th February 2024 at Anna University, Chennai. 

The Centre’s direct tax collections, net of refunds, stood at Rs 15.6 trillion as on February 10 in the current financial year, which is 20.3% higher on year, a release issued by the finance ministry said. The collections accounted for 80.2% of the revised estimate (RE) target for FY24.

redevelopment bid of Ninoy Aquino International Airport at Manilla. The other two bidders are San Miguel Corporation- conglomerate from the Philippines and the Manila International Airport Consortium (MIAC). GMR’s consortium also includes Cavitex Infrastructure Corporation- an infrastructure company from the Philippines and House of Investments which is the Yuchengo family office which operates Rizal Commercial Banking Corporation- one of the largest banks in Philippines. The bid results will be announced on February 14.

Revenue from operations during the third quarter fell 3% year-on-year (YoY) to Rs 2,045 crore.

By Hyunjoo Jin and Abhirup Roy

It was a mixed day of trading as rising implied volatility appeared to finally reach a level that was determinantal for stocks to continue to push higher.

By Sriparna Roy and Bhanvi Satija

The GBP/USD edged higher in reaction to the firmer wages and jobs data from the UK earlier this morning, ahead of the release of even more top-tier data from both sides of the pond.

₹500 crore upon competition. Brigade’s hospitality segment saw occupancy level at 73%, up 500 basis points y-o-y. One basis point is equivalent to 0.01%.

Best Bluetooth speakers for home: Make a smart choice with our top picks 1. ZEBRONICS Zeb-Bro in Ear Wired Earphones with Mic The ZEBRONICS Zeb-Bro earphones offer a snug fit and passive noise cancellation, ensuring an immersive audio experience. The water-resistant design enhances durability, making them ideal for regular use across various conditions.