UPS Financial News
27.02 / 00:43
markets
UPS
Software
wellness
RAI
guidelines
Uber’s private car ride-share service starts from Assam
Uber, is launching a ride-sharing service in India, starting with Assam, where people with private cars will be able to operate rides through the app.
27.02 / 00:43
COST
UPS
Analysis
Sustainability
Research
Trade
Is the worst over for NBFC shares?
Reserve Bank of India's (RBI) move on Tuesday to lower risk weights for bank lending to these entities. Analysts are however sceptical about any share price rebound sustaining as lenders may not be in a hurry to push up loan disbursals in the wake of tight liquidity conditions, continued stress in existing loans and moderating consumer incomes. «There could be a slight rally in NBFC stocks thanks to the central bank's decision but a runaway rally may not happen because the overall impact will be seen only in FY26,» said Prashanth Tapse, senior VP of research at Mehta Equities.
27.02 / 00:43
UPS
Analysis
Research
Trade
show
rights
Top lenders step up credit card issuance as stress expected to ease
Top lenders are actively expanding their credit card portfolios, anticipating stabilisation of stress in the unsecured lending segment. Data from the Reserve Bank of India for January show that the three leading credit card issuers — HDFC Bank, SBI Cards and ICICI Bank — accounted for nearly 90% of all new credit cards issued that month. The industry added 8.2 lakh new cards in January, with HDFC Bank leading with 3 lakh cards, followed by SBI Cards (2.4 lakh) and ICICI Bank (1.8 lakh). This brings the total number of credit cards in India to 10.89 crore, reflecting a year-on-year increase of 9.5%.
27.02 / 00:43
markets
COST
UPS
security
Analysis
Trade
Higher-rated NBFCs likely to gain more from RBI relief
risk weightage for bank loans, since capital to be assigned for AAA rated NBFCs will halve to 20% from 45%. Easier access to funds and lower costs could mean NBFCs could save 25-50 basis points on bank loans due to lower banking risk weightages for the sector. One basis point is 0.01 percentage point.
26.02 / 22:03
markets
UPS
Yellow
RAI
reports
travelers
From danger to nothing: NASA just downgraded the threatening Y24 asteroid to zero; here’s why
asteroid 2024 YR4 has been downgraded to almost zero risk after being originally estimated to have a 3% chance of striking Earth in 2032. NASA uses a specific scale to determine their level of danger.
26.02 / 22:03
markets
UPS
President
Inside
reports
strain
Schools
Melania vs. Ivanka: The full story of their White House feud and the first lady’s cutting nickname for her stepdaughter
first lady Melania Trump and her stepdaughter Ivanka Trump has been simmering since the Trump family's White House years during US president Donald Trump's first term in office and the rivalry has only strengthened with time, according to a report.
26.02 / 21:43
UPS
BLOCK
President
reports
Department
Courts
Trump plan to freeze funding stymies Biden-era energy rebates for consumers
Some states have stopped disbursing funds to consumers via Biden-era rebate programs tied to home energy efficiency, due to a Trump administration freeze on federal funding enacted in January.
26.02 / 20:17
26.02 / 18:39
UPS
wellness
Experts
Cycling
recommendations
rights
Morning coffee lovers, beware: Doctor warns of painful side effects if you drink it at the wrong time
UNILAD, according to GP Dr. Masarat Jilani, drinking coffee first thing in the morning could do more harm than good in the long run.
26.02 / 17:59
markets
UPS
Software
Sustainability
trends
RAI
Khadi Act amendment on cards to boost exports
Khadi and Village Industries Commission (KVIC) Act, aiming to make Khadi products more marketable, connect with the youth and promote exports of desi clothing.
26.02 / 17:59
markets
UPS
Aware
track
reports
prevention
Lenders asked to tighten process for micro loans
credit appraisal and monitor the fund usage in micro loans.
26.02 / 17:49
UPS
Citi
stars
Podcasts
bowling
Chiefs GM reveals Travis Kelce’s secret Super Bowl struggle. Says, star was battling ‘pretty big illness’
Kansas City Chiefs fans were left heartbroken after their team fell to the Philadelphia Eagles in the 2025 Super Bowl, but what they didn’t know was that Travis Kelce was secretly battling a major illness leading up to the game.
26.02 / 17:49
UPS
Ball
Inside
stars
Afghanistan give England a knockout blow in a thriller, register their first ever Champions Trophy win
Champions Trophy 2025, while the Three Lions have been knocked out of the tournament.
26.02 / 16:31
UPS
security
Southern
President
reports
Trump to offer 'gold card' visas to the rich for US$5 million
United States President Donald Trump said he is starting a program to offer residency and a path to citizenship to investors who pay US$5 million, offering a new avenue for legal immigration even as he carries out a sweeping crackdown on undocumented migrants.
26.02 / 16:31
markets
UPS
ETF
Universities
recommendations
Equality
Our adult children can’t support themselves. How can we set them up for life?
How can we ensure our two adult children, who, due to health challenges, are not able to support themselves financially, will be able to have enough money to live comfortably after we’re gone?
26.02 / 16:31
markets
UPS
President
Cycling
National Bank tops expectations as revenue rises across the board
National Bank of Canada topped analysts’ first-quarter expectations on Wednesday after posting higher revenue growth in all business segments.
26.02 / 16:31
26.02 / 15:29
UPS
Citi
FIVE
Gap
Experts
show
social
How Indians spend their time in a day, in 4 charts
Subscribe to enjoy similar stories. Indian women continue to dedicate far more time on unpaid work such as domestic chores and caregiving as compared with men, show the latest Time Use Survey (TUS) data published by the statistics ministry. While women dedicate nearly a fifth of their time (19.8%) to unpaid housework, men spend only 3% of the time in a day on similar activities.
26.02 / 15:23
markets
UPS
security
Morningstar
Research
Experts
testing
Small-cap funds face a higher liquidity risk. But all may not be unwell.
Several small-cap mutual funds managing large assets will likely need more days than usual to liquidate their portfolios if the need arises, according to the latest stress test data sourced by India’s apex mutual fund body.
26.02 / 13:49
26.02 / 13:31
markets
COST
UPS
Software
Experts
Department
Courts
Payback the Section 87A rebate amount claimed against capital gains, says the tax demand notice; What are your options?
income tax demand notice due to denial of Section 87A tax rebate on special rate income like Short Term Capital Gains (STCG) for ITRs of FY 2023-24 (AY 2024-25). This issue, which was once thought to be resolved after the Bombay High Court judgement on January 24, 2025, is once again back to haunt small taxpayers.
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