UPS Financial News

On the outskirts of Barrie, Ont., sunlight washes over the outcast cucumber and parsley stacked on skids at Eat Impact’s warehouse.

Rakesh Tikait, who was a bit player when the protests for repeal of three agricultural laws began but grew to be the face of protests. There were other big farmer leaders from Punjab such as Balbir Singh Rajewal, Joginder Singh Ugrahan, Darshan Pal and Gurnam Singh Charuni. All of them are missing now when farmers are again heading to Delhi with more demands nearly two years after they forced the government to repeal the farm laws after a protracted siege of Delhi. Now they want a legal guarantee for the minimum support price (MSP) for agricultural produce and implementation of the Swaminathan Committee report, besides many other demands. The umbrella body that leads the protests now is Sanyukt Kisan Morcha (non-political) which includes two large farmer organisations, BKU (Dallewal) led by Jagjit Singh Dallewal and Kisan Mazdoor Morcha led by Sarvan Singh Pandher. It claims support of 17 farm organisations. Pandher and Dallewal from Punjab and Abhimanyu Kohar from Haryana have been the most visible faces of SKM (non-political) ahead of the February 13 Delhi Chalo march. Farmers Protest: Click here for live updates

Retail inflation eased to a three-month low of 5.1% in January compared with 5.7% in December, reversing course from the previous two months, according to data released Monday. Another data release showed that industrial output rose back again in December to 3.8% compared with 2.4%, indicating improving prospects. Experts point out that moderating inflation coupled with strong growth provides further policy space for RBI to cut rates in the latter half of the year.

Coal India on Monday reported 17% growth in its consolidated net profit to Rs 9,069 crore for the quarter ended December 2023. The same stood at Rs 7,755 crore a year ago. Revenue from operations rose 3% year-on-year to Rs 36,154 crore in the third quarter, compared with Rs 35,169 crore in the same period of last year.

KL Rahul was on Monday ruled out of the third Test against England after failing to fully recover from his quadriceps strain that forced him to miss the second match in Visakhapatnam. It is understood that Devdutt Padikkal, the talented Karnataka left-hander who is enjoying a great first class season, will replace Rahul in the squad. «KL Rahul hasn't yet reported in Rajkot. Ravindra Jadeja, the local boy has linked up with the team. It was always a case of subject to fitness and BCCI medical team is still not confident that he is match fit,» a senior BCCI source told PTI on the condition of anonymity. The selectors had earlier named both Rahul and Ravindra Jadeja in the squad subject to clearance from the BCCI's medical team.

The S&P BSE Sensex fell more than 500 points while the Nifty50 managed to hold on to 21,600 levels.

Credit risk indicators from Janus Henderson Investors have stopped flashing all red for the first time since central banks stepped up a fight against inflation, suggesting the Federal Reserve looks increasingly likely to achieve a coveted “soft landing.”

Hindalco Industries Ltd is seen reporting a strong double-digit growth in profit for the quarter ended December, led by robust operational performance on easing costs and better realisations. The aluminium producer is likely to report an 82% year-on-year (YoY) growth in consolidated net profit for the quarter to Rs 2,545 crore, according to the average of estimates given by six brokerage firms.

cholesterol levels, one-third of Americans say they haven't had their numbers checked in the past five years. Getting your cholesterol tested — and under control — is critical to preventing heart disease and other serious health problems. But figuring out when to test and what to make of the numbers can feel daunting. How harmful is «bad cholesterol» for your health? Should you worry if your total cholesterol is just on the cusp of being too high? And how much can you lower your levels by changing your diet or exercise habits?

Delhi High Court on Monday refused to entertain a public interest litigation alleging violation of people's right to privacy by Truecaller, a leading global caller ID platform. A bench headed by Acting Chief Justice Manmohan orally said it will dismiss the petition by Ajay Shukla, noting that the issue raised by him had been brought up before the Supreme Court through another plea which was withdrawn without the apex court granting him any liberty to approach the high court. «You can't re-litigate. This will amount to abuse of process of law. Dismissed as withdrawn means you can't re-litigate,» the bench, also comprising Justice Manmeet PS Arora, said. «Nothing has been disclosed in this petition. That's the beauty of it,» the court remarked.

Vedanta double the operating profit made on each tonne of aluminium going ahead, said John Slaven, chief executive officer for Vedanta Aluminium. India’s consumption of aluminium is likely to double in 5 years at the current growth rate, and Vedanta will look at maintaining its market share while focusing on sustainability, Slaven told ET in an interaction. Edited excerpts:

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Hero MotoCorp Ltd’s shares hit a 52-week high of ₹4,949.05 apiece in early trading hours on Monday, but proceeded to close nearly 5% lower with broader markets remaining weak. While the two-wheeler maker’s December-quarter (Q3FY24) results were decent, the road ahead appears anything but smooth. In Q3, a sequential volume growth of 3% coupled with flat average selling price meant a 3% rise in operating revenue to ₹9,724 crore.

Kant suggested focusing on developing five key states as tourism hubs and leveraging private sector expertise to unlock the country's potential in this multi-billion dollar market, particularly in the MICE (meeting, incentives, conferences and exhibitions) segment where India currently has a minimal share."There is a need for a dynamic and digital version of the 'Incredible India' campaign which should penetrate every single market. This is critical because foreign tourists are critical for India. About eleven states have given tourism an industry status, but many have not extended the benefits.

plea of the Thackeray faction was listed for hearing on Monday but the matter could not be taken up during the day due to paucity of time. “Let them (Shinde faction) file a response. The notice was issued earlier," senior advocate Kapil Sibal, appearing for the Thackeray faction, told the bench comprising Chief Justice DY Chandrachud and Justices JB Pardiwala and Manoj Misra.

Samsung has started pre-booking for the Galaxy Book 4 series in India ahead of the expected launch of these laptops later this month. The Galaxy Book 4 series could include Galaxy Book 4 Pro, Galaxy Book 4 Pro 360 and Galaxy Book 4 Ultra models. Prior to the India launch, the Galaxy Book 4 series was launched in South Korea in December.

District Selection Committee -2024 notification to recruit 6,100 teachers at the Secretariat in Velagapudi near here. The Education Minister also released the Government Orders (GO 11 and 12) containing all details regarding the recruitment drive which will also be available on the website http//cse.gov.in. According to the Minister, teachers will be recruited under seven management categories such as Zilla Parishad, Mandal Parishad, Municipal, Andhra Pradesh Model Schools and others.

Supreme Court said on Monday it will list the plea of the Uddhav Thackeray faction challenging Maharashtra Assembly Speaker Rahul Narwekar's order declaring the Shiv Sena bloc led by Chief Minister Eknath Shinde as the «real political party» after the outfit's split in June 2022. The plea of the Thackeray faction was listed for hearing on Monday but the matter could not be taken up during the day due to paucity of time. «Let them (Shinde faction) file a response. The notice was issued earlier,» senior advocate Kapil Sibal, appearing for the Thackeray faction, told the bench comprising Chief Justice D Y Chandrachud and Justices JB Pardiwala and Manoj Misra. «We will list it,» the CJI said.