UPS Financial News
26.01 / 18:27
26.01 / 18:19
markets
UPS
Aware
Sustainability
trends
country
International
Baby, you can drive my EV
Dubai COP28 last month, 'Whether you like it or not, fossil fuel phase-out is inevitable.' In this context, questions like whether high-end Indian consumers really care for environmental impact, whether they are willing to pay a premium for sustainable products, and whether companies focus on ESG just because it's a mandate from shareholders and board are gaining traction. The real motivation for both companies and consumers is to save our planet for our children, and ensure we hand over a cleaner and greener environment for them to grow in. Today's challenges related to climate change, resource depletion and carbon footprint are very real.
26.01 / 18:19
markets
UPS
economy
Enterprise
Food
When niche gets a mass-market push
FMCG companies have used strong aspirational demand to cross-subsidise sales in the mass category as they negotiated a surge in inflation. Pricing power at the top end of their product portfolio is allowing them the flexibility to experiment with pack sizes to keep consumers from downtrading. Grammage in price-sensitive packages is being increased and bridge packs are being introduced to create pathways for volume growth.
26.01 / 18:15
markets
UPS
BTC
ETF
Bitcoin
Bitcoin Price
show
inflation data
Bitcoin Price Pushes Towards $42,000 as US Core PCE Inflation Data Eases – How High Can BTC Go?
The Bitcoin (BTC) price is enjoying an end-of-week relief rally in wake of economic data that showed inflationary pressures in the US continued to subside to more acceptable levels in December 2023.
26.01 / 17:58
UPS
Target
Sustainability
awards
Highways
wellness
Highway building to get 50,000 crore boost
₹50,000 crore into highway building in the current fiscal as it chases a record 13,800-km target, despite slow construction across much of the year. The Union budget for FY24 had granted ₹2.6 trillion for the ministry of road transport and highways (MoRTH) for road construction. The additional amount will be used to build new roads, pay for projects awarded earlier, and acquire land.
26.01 / 17:58
UPS
Cooper
wellness
2020
Department
rights
Govt may allow select co-ops to borrow from all lenders
₹29,000 crore, including the subsidy component for three years up to 2026-27. Currently, cooperatives only have access to Nabard, the country’s apex bank for the agriculture sector, for loans, and the merger will create administrative ease for taking out future loans. The move follows the expiry of the AHIDF’s term, which is now being extending for another next three years.
26.01 / 17:51
26.01 / 17:23
26.01 / 17:05
UPS
Ball
reports
testing
Ranji Trophy: Hyderabad batter Tanmay Agarwal shatters records, scores fastest triple century
NDTV Sports. Agarwal was unbeaten on 323 off just 160 balls, which is the seventh-most runs scored by any batter in a single day's play in first-class cricket. Also, it was the second-fastest triple ton when it comes to minutes, added the report.
26.01 / 16:03
UPS
Citizens
Election
2024 Lok Sabha Polls: 96 crore citizens, including 47 crore women, eligible to cast vote
vote in the upcoming Lok Sabha elections, for which more than 12 lakh polling booths would be set up across India. Over 1.73 crore of those eligible to vote are in the age group of 18 to 19 years, according to Election Commission data.
26.01 / 16:03
markets
UPS
Food
Department
Headlines
US Fed's favored inflation gauge rises before rate decision
Federal Reserve's favored measure of inflation ticked higher last month, according to government data published Friday, indicating that its long-running battle against rising prices is not over yet. The latest announcement will likely ensure the US central bank remains on hold at its next interest rate decision announcement on Wednesday, as policymakers continue talks on when to start cutting.
26.01 / 15:46
UPS
Citi
Strategy
Mobile
Sustainability
country
Ola to deploy 10,000 electric scooters in two months, scale up service across India by December
Ride-hailing company Ola Mobility plans to deploy 10,000 electric two-wheelers across three cities in the next two months and gradually scale up its service across the country by the end of year. The company on Friday announced the launch of e-bike service in Delhi and Hyderabad. In September 2023, Ola had launched a pilot project of e-bike service in Bangalore.
26.01 / 15:43
26.01 / 15:43
markets
UPS
Manufacturing
Bill
trends
Trade
reports
Intel Nosedives 10%+ Despite EPS Beat: Tipping Point or Buying Opportunity?
Intel (NASDAQ:INTC) stock experienced a more than 10% decline in premarket trade on Friday following the chipmaker's fourth-quarter earnings, which exceeded estimates but presented an outlook for the current quarter that fell below expectations.
26.01 / 14:27
UPS
Provident
hospital
Department
patient
rights
Mother on 12-hour ER wait with sick newborn: ‘How’s there only 1 doctor?’
A New Brunswick mother is speaking out after she recently had to wait more than 12 hours to have her sick baby seen by a doctor at the Moncton Hospital.On Friday, Emily Boros-Rausch went to the hospital with her eight-week-old baby, Laszlo. The infant had a fever, was vomiting, and had diarrhea.“We were told many times by our family doctor, even when he was born at the hospital that if a newborn has the slightest fever, take them right to the emergency because it could be a sign of something bad,” she said.
26.01 / 13:23
markets
UPS
economy
Food
wellness
reports
Consumers are propping up the US economy, but they're going into debt to do so
'Barron's Roundtable' host Jack Otter discusses Biden's economy as the Treasury Secretary Janet Yellen is expected to take aim at Trump's economy and Big Tech stocks' impact on markets.
26.01 / 13:23
26.01 / 12:55
markets
UPS
Netflix
Nov
Healthcare
reports
inflation data
Cautious investors trim equity holdings before inflation data, Fed meet
investors reduced their holdings in equity funds in the week leading up to Jan. 24, exercising caution before a pivotal inflation report due on Friday and a meeting of the U.S.
26.01 / 12:55
markets
COST
UPS
FIVE
Audi
country
Luxury buyers move from diesel to electric
The share of diesel in total sales of luxury vehicles in the local market declined to 35% last year, from about 80% five years, even as buyers continued to shift to feature-rich SUVs. Sales of electric cars, meanwhile, increased to account for 6% of overall volumes in the segment — thrice of that in the mass market — with rich young, aspiring consumers emerging as front runners in adoption of clean technologies.
26.01 / 12:55
UPS
Citi
wellness
Veda
Indus
show
country
'India, that is Bharat': How Bharat is making its presence felt
When a G20 dinner invite referred to the President as «President of Bharat» last year, it triggered a controversy with many speculating that the government was going to change the name of the country from India to Bharat. However, many legal and constitutional experts said that both the names could be used and there was no illegality in the use of 'Bharat' in place of 'India' in official communication, since both the names refer to the same country. But economically, India and Bharat could be somewhat different entities as has been seen in the past few years.
26.01 / 12:53
markets
UPS
Pool
crypto mining
Trade
OKX
Bitcoin
end
OKX to End Crypto Mining Pool-Related Services Over Realignment
Centralized crypto exchange OKX said on Friday that it will soon shut down its Mining Pool and related services due to business adjustments.
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