UPS Financial News

After the budget tweaked rates under the new tax regime, it has become a straightforward choice for taxpayers. However, some salaried individuals who pay a huge amount as rent wonder if they can maximise tax-savings in the old regime.

Asteroid 2024 YR4 hitting the Earth in 2032 have increased in a matter of weeks, raising concerns among astronomers, NASA has said in a statement. The world's largest space agency said the asteroid, discovered in December last year, is large enough to cause «localised damage.»

Audits, including the tax ones, should remain the preserve of chartered accountants, as they are best trained for these tasks, new president of the Institute of Chartered Accountants of India (ICAI) Charanjot Singh Nanda asserted on Wednesday, opposing suggestions to treat other professionals as accountants.

Subscribe to enjoy similar stories. Airbus has a new jet that’s winning over some of Boeing’s best customers. It also raises the specter of more trouble ahead for the U.S.

Subscribe to enjoy similar stories. Microsoft plans to spend $80 billion on artificial intelligence (AI) this year, reinforcing its position as a leading vendor. So why did it publish a research paper showing an erosion of critical-thinking skills among workers using Generative AI tools such as ChatGPT? Genuine scientific inquiry? More likely, it wants to keep ahead of the curve as AI disrupts certain jobs, and ensure that its tools remain useful to businesses.

Subscribe to enjoy similar stories. In July 2024, Eli Lilly and Co., the pharmaceutical company, announced that it has secured the first approvals for the import and sale of its diabetes and obesity medication, Tirzepatide—sold under the name Mounjaro—in India in 2025.

shares were largely flat on Wednesday as gains in miner Antofagasta after a rating upgrade were countered by losses in real estate stocks. The pan-European STOXX 600 index held its ground at 557.21 points after closing at a record high in the previous session.

JSW MG Motor India on Wednesday said it is undertaking facility modifications at its Halol plant to enhance output to meet demand for its all-electric crossover utility vehicle Windsor and to prepare for new products to be sold under its premium retail chain MG Select. The company, which has witnessed the Windsor cross production milestone of 15,000 units, said it anticipates a production slowdown this month due to the facility modifications.

«There has been some pickup, whether in GDP numbers, in earnings growth, or in top line or something for it to get some trigger or some reason to be bullish about or to add on to what the current holding is, so that is what the whole situation is,» says Aman Chowhan, Abakkus Asset Manager. Let us understand what is the way forward for small and midcap stocks and I will break it into two or three points here, first, for the mid and the smallcap stocks as a cycle; second, where are they headed in terms of a theme and when will the momentum really come back in some of these stocks? Aman Chowhan: First thing is, see, there is always this assumption that it is largecap versus midcaps. Normally, it does not happen that way. At any given point of time, there will be some largecap that will do well, some midcap that will do well, irrespective of the cycle.

Raymond Ltd on Wednesday reported a cyber security incident at the company that impacted some of its IT assets. In a regulatory filing, Raymond Ltd informed that «a cyber security incident has occurred at the company and it has impacted some of the IT assets which have been isolated.»

Subscribe to enjoy similar stories. ABB India Ltd ended another year with strong earnings growth but the stock’s sharp decline this year points to another story. The engineering conglomerate’s Ebitda grew 58% year-on-year in the December quarter aided by improved revenue mix, price advantage, and better economies of scale.

Subscribe to enjoy similar stories. To understand how America’s Ivy League universities see themselves, read their admissions brochures. Leafing through the just-so photos of giggling students on tidy lawns, a vision emerges of sanctuaries for personal growth and intellectual exploration—as much cocoon as ivory tower.

Subscribe to enjoy similar stories. In just 10 years, India has become the second largest exporter of sugar from the fourth largest, but this dominance has come at a high cost: rapid groundwater depletion. Sugar is extracted from sugarcane, a water-guzzling crop that adversely impacts India’s groundwater sustainability.

As of 10:29 am IST, Bitcoin slipped 0.8% to $95,148, while Ethereum declined 0.6% to $2,678. The global crypto market cap fell 1.6% to $3.13 trillion in the past 24 hours.

fake case law, and using made-up information in a court filing could get you fired.

The NSE Nifty index traded 22.21 points up at 22967.5, while BSE Sensex was up 131.38 points at 76098.77 as of 11:26AM(IST)on February 19.

Nauru aims to sell citizenships for the climate-threatened island.

Germany’s auto industry is in crisis. Sales have declined while production costs soared, leaving Volkswagen AG, Mercedes-Benz Group AG and hundreds of parts makers dangerously behind in the transition to electric vehicles.

Subscribe to enjoy similar stories. I recently conducted a workshop on building relational resilience in intimate interpersonal relationships. One of the areas we focused on was how deep listening is key to strengthening relationships.

Subscribe to enjoy similar stories. The day after President Trump survived an assassination attempt in Pennsylvania last summer, he received a call from a familiar French voice. It was Bernard Arnault, owner of the globe-spanning luxury empire LVMH.