UPS Financial News

Subscribe to enjoy similar stories. India's drugmakers saw healthy revenue growth across all therapies in February as they debuted new drugs and raised prices, an industry report showed. Sales in the domestic pharmaceutical market in February touched ₹18,781 crore, up 7.5% from a year earlier, data from B2B commerce platform Pharmarack showed.

Subscribe to enjoy similar stories. Hyundai Motor India Ltd's proposals to buy goods and services in excess of ₹31,000 crore next financial year from related companies, which could be more than half the purchases it made in the previous fiscal, have divided two of the country's leading proxy advisory firms. Stakeholders Empowerment Services (SES) and Institutional Investor Advisory Services (IiAS), both based in Mumbai, have put out contrasting notes on Hyundai's resolutions for dealing with seven related companies.

Subscribe to enjoy similar stories. Coforge Ltd’s recent announcement of its largest-ever contract with Sabre Corp brought cheers to shareholders, but at least three analysts have raised concerns about the Texas-based travel technology company's ability to see through the deal and make timely payments due to its weak financial health. The country’s seventh-largest software services provider announced a 13-year contract with Sabre late last Tuesday, valued at $1.56 billion.

India’s bowlers stuck to their guns, attacking the stumps and keeping the batsmen honest. In turn, New Zealand’s finest seem to have got a measure not only of the conditions and opposition but of what was needed in a tournament final. At no time did New Zealand’s batting look under pressure, harried or hurried. It was as though they had mentally set themselves a target of something in the region of 250, and were planning their way there, rather than aiming for 300 and falling well short. Rachin Ravindra was a treat to watch for his 37 and Daryl Mitchell ensured that the innings was held together with 63. If New Zealand were kept on a tight leash by India’s spinners, with wickets falling just regularly enough to ensure that the game was always within grasp, Michael Bracewell, at No 7, kept New Zealand competitive with a breezy 53.

Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, and isn't ruling out the possibility of a recession this year. After imposing and then quickly pausing 25% tariffs on imports from Mexico and Canada that sent markets tumbling over concerns of a trade war, Trump said his plans for broader «reciprocal» tariffs will go into effect April 2, raising them to match what other countries assess. «April 2nd, it becomes all reciprocal,» he said in a taped interview with Fox News Channel's 'Sunday Morning Futures'. «What they charge us, we charge them.»

All they have to do tonight is tune in for the premiere of Dark Winds Season 3 and usher in a new chapter of intrigue and suspense. The series, which had been on since its release in June 2022, received a wider audience following its inclusion on Netflix in August 2024.

Chandra Shekhar Azad, seen as an emerging competitor to Mayawati-led BSP for the mantle of Dalit politics in UP and elsewhere, speaks to CL Manoj on the electoral meltdown of the BSP, discord in Mayawati's family, what it means for ASP, the fight against the Modi government's policies, and on Rahul Gandhi's pitch for caste census. Edited Excerpts: ON experience as a first-time MP Babasaheb Ambedkar said political power is the master key to solving problems, implementing the agenda for social and economic changes and for changing society. Parliament, which makes laws and decides on the distribution of resources, is the master key of political power. I am using it for the cause of my people, the Dalits and other backward sections. ASP's task is to get more of our people elected next time.

DMK MPs on Sunday decided to work towards the rights of southern states, especially Tamil Nadu with regards to delimitation, saying that the population-based exercise will affect not just the southern states but also others, including Odisha and West Bengal. A meeting of DMK MPs, held under party president and Tamil Nadu chief minister MK Stalin in Chennai, came on the eve of the resumption of the Parliament session on Monday. The DMK MPs passed a resolution saying that the party will take up delimitation and imposition of Hindi language during the Parliament session.

Luxon, who will also be the chief guest at this year's Raisina Dialogue, will seek to beef up security and trade ties during his four-day visit, according to persons familiar with the development. The visit comes amid alarms in Wellington over the Chinese military's growing presence and engagement with the Pacific Island states.

dry spell that parched the land, then a spark, followed by some wind. Suddenly, swaths of South Carolina were consumed by voracious flames.

COP30), is doubling down on accelerating the implementation of climate action. To this end, it has suggested setting up «additional governance structures» under the UN, «complimentary» to the existing process under UNFCCC, to follow up on commitments that have been made on climate action. Explaining the rationale for complementary governance structures under the UN, Brazil's environment minister, Marina Silva, said, «Take the NDCs (nationally determined contributions or climate plans), these are meant to be reviewed every five years. Maybe this is not enough. We may need additional pieces to make global efforts more effective». Silva said the rule book for the Paris Agreement has now been completely finalised. «We have a structured regime on which we can rely,» the minister said. «We have no choice to implement or else we will experience the unthinkable.»

Karnataka State IT/ITeS Employees Union (KITU), more than 100 people gathered at Freedom Park in Bengaluru on Sunday to advocate for a healthy work-life balance in the IT sector. Expressing disappointment over the turnout, KITU advisor Vasanthraj said that, given Bengaluru's status as a tech hub, at least 6,000 people should have participated to make their collective voice heard. «The hard reality is that IT industry captains are minting profits through the dollar exchange rate but end up squeezing workers. In the last three decades, the IT industry should have become an IT product giant. But despite moving up a few steps in the value chain, it remains a service industry,» said Vasanthraj. KITU member Ram said the protest was organised to counter recent remarks by Infosys Chairman Emeritus Narayana Murthy and L&T Chairman and Managing Director S N Subrahmanyan, who have blamed workers for the sector's failure to move up the value chain.

Sharing a photo of her setup, Ashita explained, «I just got a water purifier and first batch [of water] needed to be emptied. As a lazy designer, I had to do something.» The image showed the purifier mounted on the kitchen wall, dispensing water into a large plastic bottle. The bottle was modified to allow excess water to overflow into a smaller container, which then directed the surplus into the sink.

The comment came a day after the country's Supreme Leader Ayatollah Ali Khamenei said Iran will not negotiate under U.S. «bullying». In the post on X the mission said: «If the objective of negotiations is to address concerns vis-a-vis any potential militarization of Iran's nuclear program, such discussions may be subject to consideration.»

Rohit Sharma and his men overcame a fierce challenge from New Zealand on Sunday to clinch their third Champions Trophy title in style. Both India and New Zealand have tasted success in this tournament before. India's last triumph came in 2013, while they finished as runners-up to Pakistan in 2017. The Men in Blue also shared the title with Sri Lanka in 2002 after a rain-marred two-day final. New Zealand, on the other hand, won the Champions Trophy in 2000—then known as the ICC Knockout Trophy—defeating India in the final at Nairobi, Kenya. To this day, it remains the Black Caps’ only ICC limited-overs title.

Only 10 of more than 280 scheduled flights went as planned early Sunday, the airport said. Many service desks sat empty as would-be passengers lined up to seek information about the cancellations. The surprise walkout, which reportedly took place with only about a half-hour advance notice, came before a broader series of preannounced strikes across 13 airports in Germany on Monday, organized by the ver.di union.

central banks are getting a painful refresher in economic theory. Monetary authorities in China, India and elsewhere have waged a prolonged campaign against the strong dollar, using a mix of official reserves and opaque derivatives trades to defend their currencies. But their moves have pushed up borrowing costs for local banks just when slowing economies need more liquidity. China’s overnight and seven-day repo rates surged in February, while bond investors took losses from a sharp rise in yields. Banking liquidity in India suffered its highest deficit in at least 14 years earlier this year and overnight borrowing costs jumped. Liquidity also dried up in Indonesia and Malaysia following central bank currency interventions. These moves are explained by what economists call the impossible trinity, the idea that countries can’t simultaneously control their currencies, independently set interest rates and allow capital to move freely across borders. Something will break or give way.

WHY DOES THERE NEED TO BE A RACE? Unlike in Australia and Britain, where prime ministers are chosen by legislators and can be removed very quickly, the heads of political parties in Canada are chosen by members in special contests. Trudeau's resignation automatically triggered a leadership race. The new head of the Liberal Party will become the new prime minister.

Haier Appliances India looks to become a USD 2 billion sales company in the next 3-4 years on the back of a high double-digit growth powered by expansion in product category and channels, according to a top official. The home appliances maker has earmarked an investment of over Rs 1,000 crore between 2024-2028 to set up new AC Production and Injection Molding Units. It has already ploughed in Rs 2,400 crore in its plants at Pune and Greater Noida so far. With this new plant, Haier India's capacity would increase to 4 million units per annum from the present 1.5 million units, besides increasing domestic value addition. «Currently we have a capacity of 1.5 million. However, the way the AC market is growing here, by 2027 we will have a shortage in capacity.… The new plant will be 2.5 million units,» Haier Appliances India President NS Satish told PTI on Sunday.

You walk into a store selling personal care products and pick up two nearly identical products —one labelled for men, the other for women. To your surprise, the women’s version costs more. This invisible yet pervasive price disparity, known as the ‘pink tax’, quietly drains women’s wallets on everything from personal care items to professional services like dry cleaning and healthcare. 

Subscribe to enjoy similar stories. The fires went on for three relentless days in the summer of 2021, scorching over 13,000 hectares of western Sardinia. Residents “saw their whole world go up in flames around them," says Carlo Poddi, a forestry expert on the island.