UPS Financial News

Subscribe to enjoy similar stories. Tesla CEO Elon Musk suggested the U.S. exit the North Atlantic Treaty Organization, or NATO.

Subscribe to enjoy similar stories. Drivers are finding they wish the smart technology in their cars was just a bit dumber. Automakers have added new tech features in the 2020s that go beyond the touch screens, assisted-driving systems and companion phone apps that have become ubiquitous in new cars.

Subscribe to enjoy similar stories. Tribunals were meant to be India’s answer to an overburdened judicial system—a fast-track mechanism to resolve disputes efficiently outside the traditional civil court structure. However, the idea of tribunals being a faster and better alternative to court cases has not worked out as expected.

Lee, 41, would normally be flattered. In the past, a fast-growing startup like Gamma, an artificial intelligence company he helped establish in 2020, would have constantly looked out for more funding. But like many young startups in Silicon Valley today, Gamma is pursuing a different strategy. It is using AI tools to increase its employees' productivity in everything from customer service and marketing to coding and customer research.

inflation likely eased below the Reserve Bank of India's medium-term target of 4.0% for the first time in six months on moderating food price rises, a Reuters poll showed, bolstering expectations of interest rate cuts. As fresh winter produce hit markets over the past few months, food items — which make up nearly half of the inflation basket — saw a sustained slowdown in price increases. That marked a welcome reprieve from supply disruptions last year when unpredictable monsoons and intense heat waves sent food prices soaring, often by double digits.

Bharti Telecom Ltd (BTL) — the main promoter-level controlling company that owns 40.47% in Bharti Airtel — needs a much higher dividend payout from the Sunil Mittal-led telco from FY25 onwards to service its hefty interest costs, analysts said. This is since BTL’s estimated annualised finance cost at Rs 3,183.2 crore is sharply higher than the modest Rs 600.6 crore and Rs 876.9 crore in dividend income it received from Airtel in FY23 and FY24 respectively. According to analysts, BTL’s surging interest costs have been driven by its mounting debt — now at almost Rs 38,000 crore — as it has been regularly buying shares held by Airtel’s promoters — Singapore Telecommunications (Singtel) and the Mittal family.

Subscribe to enjoy similar stories. American defense companies have increased their dominance of the global arms trade, buoyed by European nations snapping up U.S. jet fighters and missiles.

Subscribe to enjoy similar stories. India is ramping up its efforts to break China's dominance in the solar supply chain with a $1 billion capital subsidy plan that’s aimed at boosting domestic manufacturing of wafers and ingots—critical components in solar panel production. While the country has made significant progress in solar module and cell manufacturing, wafer and ingot production remains a weak link, with only 2gigawatts (GW)of capacity compared to 71 GW in modules and 11 GW in cells.

Subscribe to enjoy similar stories. Cloud firms that rent out servers have been some of the early winners in the AI revolution. Some of the early winners in the AI boom are the cloud companies that rent out servers—primarily Amazon.com, Microsoft, and Alphabet.

Subscribe to enjoy similar stories. US President Donald Trump issued executive orders slapping high tariffs on imports from Canada, Mexico and China. For the rest, he has proposed a reciprocal tariff regime, pushing exporting countries to either reduce their respective import duties drastically or be shut out of the US market.

“India has a unique opportunity to position itself as a global AI talent hub. However, by 2027, the job openings in AI are expected to be 1.5–2x of the talent availability. The challenge—and opportunity—lies in reskilling and upskilling a significant portion of the existing talent base on emerging technology tools and skillsets,” said Saikat Banerjee, Partner and leader in Bain & Company’s AI, Insights, and Solutions practice in India. He added, “The AI talent shortage is a significant challenge, but not invincible. Addressing it requires a fundamental shift in how businesses attract, develop, and retain AI talent. Companies need to move beyond traditional hiring approaches, prioritize continuous upskilling, and foster an innovation-driven ecosystem.”

Donald Trump seeks to secure control over the mineral-rich Arctic territory. While most people associate Greenland with its icy terrain at the top of the world, the island’s history stretches back over 4,000 years, shaped by various human cultures and pivotal geopolitical events. A self-governing region of Denmark, Greenland has been home to diverse groups, from early Inuit migrants and Norse settlers to Lutheran missionaries and U.S. military personnel. Today, it remains a significant location due to its natural resources, and with a warming climate and increasing competition for Arctic resources, Greenland’s economic future looks poised for growth.

Subscribe to enjoy similar stories. “A strong dollar is in our national interest." The simple message from Robert Rubin, who became treasury secretary in 1994, marked a turning point. For decades, American policymakers had complained about how the weak currencies of their country’s trading partners had made life difficult for domestic manufacturers.

Subscribe to enjoy similar stories. Although Donald Trump came to office riding a wave of hostility against ‘elites,’ his enablers are leading members of the establishment and plutocracy. As was true during his first term, Trump has surrounded himself with a mix of conventional Republican politicians, Wall Street financiers, and economic nationalists.

bridalwear designer is calling an end to the industry he helped supersize. Sales of elaborate bridal outfits — typically weighing up to 17 pounds and costing more than $6,800 — are declining, according to Sabyasachi Mukherjee, who has dressed some of India’s most famous women, including billionaire heiress Isha Ambani. Modern brides are now looking for more low-key designs as part of a broader shift away from traditionally ostentatious wedding celebrations, he said. “The wedding industry in India as we know of it today is breathing its last,” Mukherjee said in an interview at his 25,000-square-foot (2,323 square meter) store in Mumbai.

Tesla Inc., the company that comes to mind when most people think about electric vehicles, may have had its best days in China, the world’s biggest and most advanced EV market. Elon Musk’s automaker has been backsliding in China for the past five consecutive months on a year-on-year basis, according to data from the country’s Passenger Car Association. Tesla’s shipments plunged 49% in February from a year earlier to just 30,688 vehicles, the lowest monthly figure since way back in July 2022, when it shipped just 28,217 EVs — and that was in the middle of Covid.

Tata Steel, JSW Steel and Hindalco rallied up to 2% on the BSE today after the global brokerage firm Jefferies stated that it maintains a constructive view on the Indian metals sector, naming the mentioned stocks as their top picks. Tata Steel has received a ‘Buy’ rating, with Jefferies raising its target price to Rs 180 from Rs 165. Meanwhile, JSW Steel has been assigned a ‘Hold’ rating, with an upward revision of its target price to Rs 920 from Rs 850. Hindalco also remains a favored pick with a ‘Buy’ rating and a target price of Rs 800.

Balkrishna Industries Ltd.(up 0.57 per cent), Ashok Leyland Ltd.(up 0.49 per cent), Tata Motors Ltd.(up 0.33 per cent) and Maruti Suzuki India Ltd.(up 0.07 per cent) were among the top gainers.

Infosys Ltd.(up 1.57 per cent), HCL Technologies Ltd.(up 0.45 per cent) and Tata Consultancy Services Ltd.(up 0.16 per cent) were among the top gainers.

Simbhaoli Sugars Ltd.(up 2.11%), Ponni Sugars(Erode)Ltd.(up 0.88%), Kothari Sugars & Chemicals Ltd.(up 0.31%) and Bannari Amman Sugars Ltd.(up 0.11%) were among the top gainers.

Subscribe to enjoy similar stories. To borrow from the Greek philosopher Heraclitus, the only constant in Donald Trump’s second presidency so far is change—in tariffs. Tariff rates and exemptions are constantly evolving in response to market reactions, diplomatic efforts, trade negotiations and domestic lobbying.