UPS Financial News

18.01 / 10:41

markets UPS Target Strategy wellness 2020 Santosh Kamath of Franklin Templeton MF is back with a new credit alternative investment fund

Subscribe to enjoy similar stories. Santosh Kamath, Franklin Templeton MF's fixed-income chief investment officer who was at the helm when the fund house wound up its six debt funds worth ₹25,000 crore in 2020, is now back with a private credit alternative investment fund (AIF). In 2023, Kamath stepped down as head of fixed income of the mutual fund segment to head the newly set-up alternatives business.

18.01 / 10:27

markets UPS Citi Strategy PAM reports Rapido to expand services to 500 cities

Rapido said it plans to expand services to 500 cities, up from its current presence in over 120 cities.

18.01 / 10:27

markets UPS Citizens Strategy Experts PAM FD interest rate up to 9% for general citizens investing for three years; Check the full list of banks here

fixed deposit (FD). However, if looked closely there are still some banks which are offering up to 9% interest rate on fixed deposits for general citizens who are looking to invest up to Rs 3 crore for a three years tenure. The deal is further sweetened for senior citizens who get to enjoy up to 9.5% interest on FDs of tenure three years.

18.01 / 10:27

markets UPS Analysis wellness Trade Experts rights Trump trade expected to reverse soon as tariff concerns rise: Sunil Subramaniam

By and large, the Trump trade that has happened will reverse in the coming weeks. The reason for that is two things. First is Trump on tariffs. While the rhetoric and the talk has been very high, implementation of those tariffs would lead to a spike in inflation for US consumers, that is not something Mr Trump will want. So, he will be more pragmatic about it, says Sunil Subramaniam. ET Now: Should Indian equity investors brace for impact at the top of the next week or do you think more or less we have priced in already what Trump could do?

18.01 / 05:47

markets UPS Analysis Remark Trade President reports Dollar holds gains against yen, steadies ahead of Trump inauguration

The yen was poised for its strongest weekly performance in over a month as expectations for a Bank of Japan rate hike next week grow, putting the dollar on the back foot.

18.01 / 05:27

markets UPS security Analysis Trade Experts show Oil prices dip but post 4th straight weekly gain on US sanctions

Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions. Brent crude futures dipped 50 cents, or 0.6%, at $80.79 per barrel, but gained 1.3% this week. U.S. West Texas Intermediate crude futures lost 80 cents, or 1%, at $77.88 a barrel, having climbed 1.7% for the week.

18.01 / 05:27

markets UPS Digital Strategy wellness PAM Balaji-Varela pair ousted from Australian Open after tough loss to Borges-Cabral

N Sriram Balaji and his Mexican partner Miguel Angel Reyes-Varela bowed out of the Australian Open men's doubles after a second-round loss to the Portuguese pair of Nuno Borges and Francisco Cabral here on Saturday. The closely-contested match ended with a scoreline of 6-7 (7), 6-4, 3-6 after two hours and nine minutes of intense play at Melbourne Park.

18.01 / 05:19

UPS Action Bill President Department prevention Yellen says Treasury will use 'extraordinary measures' on Jan. 21 to prevent hitting debt ceiling

In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, on January 21, in a letter sent to con...

18.01 / 05:19

UPS Digital Action wellness President Bitcoin Department Bitcoin soars past $100,000 ahead of possible early action on crypto by Trump

The price of bitcoin topped $100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he’s sworn in as president next week

18.01 / 05:19

COST UPS Waves Extreme Research Experts Universities A battery plant fire in California started during a boom for energy storage

A fire at a one of the world’s largest battery plants in California contained tens of thousands of lithium batteries that store power from renewable energy sources

18.01 / 05:19

markets UPS DOW SLB How major US stock indexes fared Friday, 1/17/2025

U.S. stock indexes rallied to close out their best week in two months

18.01 / 04:51

UPS Citi Sustainability Celebrity electronic Department Republic Day: Assam Governor to unfurl national flag in Guwahati, CM in Dibrugarh

Lakshman Prasad Acharya will unfurl the national flag at the Republic Day celebrations to be held at Khanapara in Guwahati, while, Chief Minister Himanta Biswa Sarma will do the honour at the Republic Day celebrations in Dibrugarh in Upper Assam.

18.01 / 04:51

UPS Manufacturing Analysis economy Trade Experts inclusion 4 reasons why it's time for you to invest in India's heartland

India growth story, you cannot ignore rural India. As the urban-rural consumption gap narrows, rural India is a strong driver in propelling the country’s growth.

18.01 / 04:11

markets UPS DOW Analysis Trade reports US stocks rally to close out strong week, await Trump policies

The S&P 500 and Dow Industrials registered their biggest weekly percentage gains since early November and the Nasdaq recorded its best since early December. Data this week allayed fears that inflation would resurge while expectations have grown that the Federal Reserve will bump up the timing and magnitude of rate cuts this year.

18.01 / 04:11

markets UPS Analysis Election Trade President Experts Wall St Week Ahead-Small caps lose Trump bump as rising rates sap strength

Trump presidency, one corner of the U.S. stock market expected to benefit from the Republican's policies has been stumbling. Shares of smaller U.S. companies have been under pressure, with the small-cap Russell 2000 last week marking a 10% correction from its November highs. The S&P 500, the benchmark for large-cap companies, declined less than 3% in that time.

18.01 / 04:11

markets UPS DOW Analysis Election Trade show Global shares rise with dollar, US bond yields turn higher

The U.S. dollar strengthened against major peers after four days of declines, while benchmark U.S. Treasury yields — after a three-session drop — hit a two-week low before reversing course.

18.01 / 03:13

markets UPS Aware wellness Actor hospital Investigations Saif Ali Khan attacker remains at large; minister rules out underworld link, actor recovering well

Saif Ali Khan at his home in Mumbai remains at large despite more than 30 teams on the lookout for him, while a Maharashtra minister ruled out underworld link to the brutal attack. The attacker was not working for any criminal gang and probably was not even aware whose house he had entered, police said on Friday, citing their investigation carried out so far.

18.01 / 02:53

markets UPS Citi Strategy track gatherings Maha Kumbh 2025: India uses AI to stop stampedes at world's biggest gathering

Maha Kumbh 2025, are using artificial intelligence to try to prevent stampedes.

18.01 / 00:29

markets UPS Strategy Mobile PAM Courts In big relief for telcos, govt weighs Rs 1 Lakh cr AGR dues waiver

Vodafone Idea and Bharti Airtel after the Supreme Court order of 2019. Such a move, if implemented, would mark a watershed for the telecom business in India and will go a long way toward ensuring that the market doesn’t end up as a private sector duopoly, analysts said.

17.01 / 20:47

UPS President love Department rights IRS Commissioner says he'll step down on Trump's Inauguration Day

IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day

17.01 / 20:47

UPS Action Food PepsiCo Trade Discrimination Suit accuses Pepsi company of price discrimination

A lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer

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