UPS Financial News

Tron 3 is happening! Wait has ended for the fans of the Tron franchise as the filming for the long-awaited and postponed third installment of the cult classic by Disney has officially began. The film Tron: Ares will be following up on the story of Tron and Tron: Legacy coming out in the year 1982 and 2010. None of the earlier two Tron films were a box office success, but the movie franchise has been successful in the creation of a loyal fan base, with credits going to earlier than expected computer animations and graphics.

HS Prannoy is enjoying the best phase of his career and would be one of the dark horses at the Paris Olympics, reckons Denmark's head coach Kenneth Jonassen. Prannoy had a phenomenal season in 2023, winning a maiden bronze medal at the Asian Games and World Championships, and also sealed his first super 500 title at the Malaysia Masters besides finishing runner-up at Australia Open. Jonassen, who has coached the likes of world no.

Iga Swiatek crashed out of the Australian Open at the hands of Czech teenager Linda Noskova in the third round on Saturday to further deplete an already weakened women's draw heading into the second week at Melbourne Park. While only three of the top 10 women's seeds remain, the main contenders for the men's title have all breezed into the fourth round with Carlos Alcaraz, Daniil Medvedev and Alexander Zverev joining the charge on day seven. Swiatek's bid for a maiden title at Melbourne Park was brought to an abrupt halt when 19-year-old Noskova became the first teenager to down the top seed since Amelie Mauresmo beat Lindsay Davenport in 1999. Noskova held her nerve after Swiatek had won the opening set, and on the big points in the third set, and only let emotions get the better of her after serving out for a 3-6 6-3 6-4 victory. «I think it was an unbelievable match for me,» the world number 50 said.

Federal Open Market Committee is widely expected to hold interest rates steady for the fourth straight meeting when it gathers in Washington on Jan. 30 and 31. The real focus though will be on what lies ahead, at the FOMC’s March meeting and beyond.

Toronto-Dominion Bank took the top spot as Canada’s most valuable brand in 2024, according to an annual report by consultant Brand Finance PLC.

Ayodhya next week, brands are coming up with new initiatives to be a part of this historic event. Ayodhya has been buzzing ever since the announcement date of the inauguration of the temple was launched. The inauguration of the Ram Mandir on January 22 will mark a momentous occasion for devotees, establishing it as one of the most significant pilgrimage sites in India.

₹10,272 crore, up nearly 24% year-on-year but flat sequentially, surpassed analysts' estimates of ₹9,950 crore, as polled by Bloomberg. Here is what the management had to say about various performance metrics: Concerns around slowing growth in current and saving accounts (CASA) remained. The bank’s CASA deposits grew 3.8% year-on-year to ₹5.3 trillion, translating to a little under 40% of overall deposits.

has changed everything by us saving time, money, and space. This washing machine combo completes both washing and drying chores in one go. No more having to move wet garments from the washer to the dryer or the clothesline.

₹10,000 crore every 15 years to procure new Electronic Voting Machines (EVMs) if simultaneous polls are held for Lok Sabha and assemblies. The Commission, in a communication sent to the government, noted that the shelf life of EVMs was 15 years and one set of machines could be used to conduct three cycles of elections in their life span if simultaneous polls were held. According to estimates, a total of 11.80 lakh polling stations would be required to be set up across India for Lok Sabha polls this year.

BSE Sensex which posted its worst week in over two months. The broader indices comfortably achieved weekly gain of over one per cent, driven by a sharp rally by railway public-sector undertaking (PSU) stocks. The frontline indices grappled to gain momentum this week amid global uncertainties and lacklustre earnings by major companies so far.

As the weekend unfolds, Bitcoin (BTC) has seen a notable uptick, trading at $41,700 with nearly 1.40% increase on Saturday. Despite this positive momentum, skepticism remains as The New York Times maintains a cautious stance on Bitcoin’s prospects. Adding to the wary outlook, the RBI Governor has flagged cryptocurrencies as a risk to the stability of the Indian Rupee, urging investors to proceed with caution.

Congress on Saturday alleged that its workers were assaulted, their vehicles vandalised and banners torn in Assam's North Lakhimpur town, through which the Rahul Gandhi-led Bharat Jodo Nyay Yatra proceeded. State Congress president Bhupen Kumar Borah said that on Friday night all hoardings and posters put up to welcome the Yatra in the town were torn and party members who had gone to put up the banners were beaten up. «Two vehicles used by the party to carry the displays were also damaged by miscreants, who also threatened Congress workers of dire consequences if they did not leave at once,» he alleged.

Canadian companies have lost a step when it comes to innovation, experts say, pointing toward Ottawa having work to do to turn around stagnating business investment and an over-reliance on temporary workers.

MUMBAI — ICICI Bank, one of India's leading private sector banks, has revealed its third-quarter earnings today. The bank reported a significant year-on-year rise in net profit, reaching ₹8,312 crore, exceeding market expectations that were already anticipating a robust increase. This figure is a correction from an earlier report which suggested a higher profit.

IDFC First Bank Q3 Results: IDFC First Bank announced its October-December quarter results for fiscal 2023-24 (Q3FY24), reporting a rise of 18.4 per cent in net profit at ₹715 crore, compared to ₹604.6 crore in the year-ago period. The private sector lender's net interest income (NII) - the difference between interest earned and interest expended - rose 30.5 per cent to ₹4,286.6 crore, compared to ₹3,284.3 crore in the corresponding period last year.

Also Read: NHPC spikes 15%, BSE PSU index records new all-time high surging over 3.5% Among these, Rail Vikas Nigam witnessed an outstanding rally of almost 58% throughout this week. Today, the stock hit its 10% upper circuit limit, reaching a new all-time high of ₹320.35 apiece, lifting the company's market capitalisation to ₹66,793 crore. Notably, the company gained ₹24,356 crore in market value just this week.

WASHINGTON — Today, the Biden administration announced the cancellation of nearly $5 billion in student debt for an additional batch of 74,000 borrowers. This move is a targeted relief effort after the Supreme Court blocked a more expansive $400 billion loan forgiveness plan in June 2023.

Kotak Mahindra Bank on Saturday said that its board has approved the raising of funds worth Rs 10,000 crore via the NCD route. «This is to inform you that the Board of Directors of Kotak Mahindra Bank have, at their meeting held today, inter alia, approved a proposal to enable the Board of Directors of the Bank to raise funds by way of issuance of Unsecured, Redeemable, Non-Convertible Debentures, on a private placement basis, for an amount up to Rs. 10,000 crore,» Kotak said in an exchange filing. The NCDs would be issued in one or more tranches during FY 2024-25, subject to shareholder and other approvals, the bank said after a board meeting. Earlier in the day, the lender announced its December quarter results in which PAT stood at Rs 3,005 crore, up 8% YoY from Rs 2,792 crore in Q3 FY23. Its net interest income or NII rose 16% YoY to Rs 6,554 crore while the net interest margin came in at 5.22%. Provisions and contingencies surged to Rs 579 crore from Rs 149 crore a year ago.

Congress 'Bharat Jodo Nyay Yatra' led by Rahul Gandhi on Saturday entered Arunachal Pradesh from Assam. The Congress leader was received by Arunachal Pradesh Congress Committee (APCC) president Nabam Tuki at the Gumto check gate in Papum Pare district, where the flag handover ceremony was held. The flag handover ceremony was held between Tuki and Assam Pradesh Congress Committee president Bhupen Borah in the presence of senior party leaders from both the states. Speaking on the occasion, Gandhi thanked the people for the warm welcome. Adorned with traditional Nyishi headgear, Gandhi proceeded to Doimukh along with hundreds of party workers, where he would address a public rally.

ISKCON and temple trusts from across the country to locals in Ayodhya, various community kitchens are being run here to serve 'langar' food to devotees as the Ram Temple consecration ceremony nears. Devotees flocking to the holy city can savour fresh cooked hot meals at these community kitchens which are operational at every nook and corner of the city. Khichdi, aloo puri, kadhi chawal, achar, and papad are among the common menu at these langars with the supply of hot tea bringing respite to devotees amid the bone-chilling cold.

E!'s reality show, 'House of Villains,' is gearing up for a second season, promising more villainous antics and intense competitions. The hit show, which brought together iconic villains competing for the title of America's Ultimate Supervillain, is set to return in 2024 with actor Joel McHale reprising his role as the host.