UPS Financial News
06.03 / 06:59
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Women-centric policies need to deliver progress that’s tangible and enduring
Subscribe to enjoy similar stories. As International Women’s Day 2025 approaches, the theme—“For ALL Women and Girls: Rights. Equality.
06.03 / 06:59
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China is secretly worried Trump will win on trade
Subscribe to enjoy similar stories. Soon after Donald Trump won the presidential election in November, Xi Jinping asked his aides to urgently analyze the Cold War rivalry between the United States and the Soviet Union. His concern, according to people who consult with senior Chinese officials, was that as President Trump gears up for a showdown with Beijing, China could get isolated like Moscow during that era.
06.03 / 05:49
06.03 / 05:49
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Profiles
Jio's growth could lift Reliance, but retail and oil businesses still lag: Pankaj Pandey
«We are still some time away from paint stocks bottoming out. We have seen players like Asian Paints, the margin profile coming down from say 20% plus kind of a level to about 15-16 odd,» says Pankaj Pandey, Head Research, ICICIdirect.com. Just wanted your own sense on what Tesla's entry into India, if all gets cleared, actually means for the incumbents from within the passenger vehicle segment within that segment. Your namely Tata Motors, M&M, and a Hyundai as well. Pankaj Pandey: So, our sense is that when you look at the cheapest price product from Tesla, the overall costing is going to be in excess of 40 lakhs. So, from that perspective, it is not going to compete with the listed players. Probably it will have or it is going to compete with the likes of German manufacturers, especially BMW, Mercedes, and others.
06.03 / 05:49
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Stock market update: Mining stocks up as market rises
Gujarat Mineral Development Corporation Ltd.(up 4.73%), Sandur Manganese & Iron Ores Ltd.(up 4.09%), Pokarna Ltd.(up 4.06%), The Orissa Minerals Development Company Ltd.(up 3.05%), KIOCL Ltd.(up 2.87%), MOIL Ltd.(up 2.73%), 20 Microns Ltd.(up 2.44%), Coal India Ltd.(up 2.10%), Aro Granite Industries Ltd.(up 1.83%) and NMDC Ltd.(up 1.41%) were among the top gainers.
06.03 / 05:49
06.03 / 04:19
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Exponent
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cover
Best mid cap mutual funds to invest in March 2025
Mid cap stocks have witnessed a robust rally in the last few months. Investors made handsome returns on their investments in mid cap funds. Mid cap funds have offered an average return of 28.84% in 2024. That could explain why investors are anxious about their investments. What should investors do? Before answering that question, let us cover the basics. Mid cap schemes invest in mid cap stocks or in stocks of medium-sized companies. As per Sebi norms, mid cap schemes are mandated to invest in companies that are between 101 and 250 in the market capitalisation. These companies can be leaders of tomorrow. That’s what makes them great bets. If these companies live up to the promise, the market will reward the investors handsomely. Also Read | All sectoral and thematic mutual funds offer negative returns in 2025, losing up to 26%
06.03 / 04:19
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MSCI
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Sensex rises 300 points, Nifty above 22,400; auto, financial stocks lead
Sensex and Nifty, opened higher for the second consecutive session on Thursday, driven by gains in auto, financial, and metal stocks. The rally followed US President Donald Trump's temporary tariff reprieve on automobile imports from Mexico and Canada. The BSE Sensex climbed 299 points (0.41%) to 74,032, while the Nifty50 advanced 99 points (0.44%) to 22,436 around 9:20 am.
06.03 / 04:19
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Interviews
Too much fingerprinting on everything: CEO Andy Jassy explains why Amazon is downsizing its middle managers
Andy Jassy is restructuring the company’s hierarchy to reduce layers of middle management and give employees more responsibility. In an interview with Bloomberg, Jassy highlighted concerns about excessive managerial layers slowing down decision-making. “You add a lot of people and you end up with a lot of middle managers. And those middle managers, all well-intended, want to put their fingerprint on everything,” Jassy said.
06.03 / 03:13
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UPS
Action
Freedom
testing
South Korea and the US will begin annual military drills next week
South Korean military said Thursday, days after North Korea threatened high-profile provocations against what it called escalating U.S.-led aggression. The South Korean and U.S. forces will take part in the Freedom Shield exercise, a computer-simulated command post training, and related field exercises from Monday to March 20, South Korea's Joint Chiefs of Staff in a statement. The statement said the Freedom Shield exercise will involve responses to evolving challenges like North Korea's growing military partnership with Russia.
06.03 / 03:13
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BlackRock
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Trump plans executive order to strengthen US shipbuilding, blunt China domination
President Donald Trump is drafting an executive order that would also establish a Maritime Security Trust Fund as a dedicated funding source and create shipbuilding incentives through the use of tax credits, grants and loans, according to a draft fact sheet of the 18-point plan. «The White House is standing up an office at the National Security Council to lead a whole-of-government effort to strengthen the maritime industrial base,» the document said, following Trump's announcement of the plans during an address to Congress on Tuesday.
06.03 / 03:13
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International
India seeks Rupee’s global reach, but no plan to replace US dollar: EAM S Jaishankar
External Affairs Minister Dr S Jaishankar, currently on a visit to the United Kingdom, has addressed key global economic issues, including the role of the US dollar, BRICS' position on de-dollarisation, and the internationalisation of the Indian rupee. Speaking at Chatham House in London, he dismissed speculation that India is working to replace the US dollar as the world’s primary reserve currency. «I don't think there's any policy on our part to replace the dollar. As I said, at the end of the day, the dollar as the reserve currency is the source of international economic stability, and right now, what we want in the world is more economic stability, not less,» he said.
06.03 / 02:35
06.03 / 02:35
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country
2020
Relationships
India wants stability with China but seeks ‘respect’ for its interests: EAM S Jaishankar
S. Jaishankar said during a discussion at Chatham House, a British policy institute. He acknowledged that the relationship has been shaped by decades of ups and downs, but the real challenge is managing the balance as both nations rise. Reflecting on the last 40 years, Jaishankar noted that peace along the border was seen as essential for better ties. However, the situation changed dramatically in 2020 when Chinese forces clashed with Indian troops in the Galwan Valley, leading to the deaths of around 20 Indian soldiers and multiple Chinese casualties. It was the most serious border confrontation in 45 years.
06.03 / 01:05
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innovations
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International
China doubles down on AI and tech innovation as Trump ratchets up trade pressure
BEIJING — The undercurrent of China's annual parliamentary meetings this week is U.S. trade tensions — and how Chinese technology is offsetting that pressure.
06.03 / 00:27
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Stocks to buy today: Two stocks recommendations by MarketSmith India for 6 March
Subscribe to enjoy similar stories. India’s benchmark stock market index, Nifty 50, ended its 10-day losing streak with a broad-based rebound, closing up 1.2% at 22,337. All sectoral indices posted gains, signalling widespread buying interest.
06.03 / 00:25
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security
Analysis
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trends
Trade
D-St reverses its 10-day losing run as worries over tariff ease
oversold market after early indications that the US may soften its stance on trade tariffs. The NSE Nifty gained 1.15%, or 254 points, to finish at 22,337. The BSE Sensex rose 1.01%, or 740 points, to close at 73,730.
05.03 / 23:33
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Entertainment
stars
Department
Sporting
JioStar begins layoffs after merger, over 1,100 face the axe
Subscribe to enjoy similar stories. Mumbai: JioStar will lay off more than 1,100 employees as the newly formed joint venture between Reliance Industries Ltd's Viacom18 and The Walt Disney Co.'s India unit cuts overlapping roles following the merger, said multiple people aware of the development. “The departures started a month ago, and they are not ending anytime soon," said one of the people quoted above.
05.03 / 21:53
markets
UPS
security
President
reports
After military aid freeze, now comes intelligence sharing freeze with Ukraine; Donald Trump is really upping the ante against Zelensky
UK intelligence agencies and military units have been instructed to stop sharing US-generated intelligence, previously labeled as 'Rel UKR' (Releasable to Ukraine). This intelligence has been crucial for Ukraine since the conflict with Russia began three years ago, with the UK and other Western allies like Australia and New Zealand regularly sharing it to support Kyiv's defense efforts, according to a Daily Mail report.
05.03 / 21:53
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UPS
Citi
performer
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Arsenal
Manchester United vs Arsenal: Here’s how to buy tickets for the Premier League line-up
Premier League 2024-25 is all set to wrap up in a few weeks. While Arsenal’s chances to make it to the finals may seem volatile at the moment considering its recent performances, the team is leaving no stone unturned to play their best game. On March 9, Arsenal will be up against Manchester United. There has already been a lot of buzz around the match as it marks one of the iconic soccer rivalries. In its previous matches, Arsenal lost against West Ham United, followed by settling for a draw against Nottingham Forest. The Gunners may draw some inspiration in this tough time from their manager Mikel Arteta, who believes that the team will not accept defeat until the end of the season. The odds are slightly in favour of Manchester United, if history is to be believed. In their games against Arsenal, they have won 102 while Arsenal scored a victory in 90 fixtures. There have been as many as 50 draws between the clubs.
05.03 / 20:37
markets
UPS
rights
Brookfield explores using insurance arm to mimic Berkshire model
Brookfield Asset Management Inc. chief executive Bruce Flatt said its growing insurance business may ultimately own the rest of its operations in a move that emulates Berkshire Hathaway Inc.
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