UPS Financial News
10.01 / 12:29
10.01 / 12:25
UPS
Analysis
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Department
UN predicts world economic growth at subdued 2.8% in 2025
The United Nations says the world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025
10.01 / 11:39
markets
COST
UPS
Sustainability
Food
performer
Why food companies want consumers to buy more of everything
Subscribe to enjoy similar stories. After years of raising prices, food companies making everything from cookies to snacks and frozen meals say they need to sell more products to post a profit. Price increases have been good for profits, but packaged food and snack company executives see sustained volume growth as the way forward, so they are flooding store aisles with new takes on familiar products, such as frozen bar-b-que loaded chicken patties.
10.01 / 11:39
markets
UPS
Career
economy
Puzzle
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Fed official says further rate cuts can wait
Subscribe to enjoy similar stories. ST. LOUIS—A Federal Reserve official said he viewed last month’s decision to lower interest rates as a “close call" because the economic outlook appears to be different now than it was when the central bank started cutting rates four months ago.
10.01 / 11:39
UPS
Career
tennis
testing
Courts
International
Sporting
Australian Open 2025: The first Grand Slam of the year begins with tennis at a crossroads
Subscribe to enjoy similar stories. For years tennis prospered in its bubble of excellence. With Roger Federer, Rafael Nadal and Novak Djokovic pushing each other and the sport to greater heights, we lived in a perpetual state of awe.
10.01 / 11:17
markets
UPS
Digital
Strategy
Experts
PAM
Microsoft chief pleased to hear Manipal Academy for Higher Education using his company’s AI-based tool
Microsoft chairman and CEO Satya Nadella was pleased to hear that the 6,000 students at the Manipal Academy for Higher Education (MAHE) – which includes his alma mater, Manipal Institute of Technology – are being given access to Microsoft's GitHub Copilot, an AI-based code completion tool. On being asked by representatives of the institution to visit, he said, “I should. I’ve never been back since ’88 (the year he graduated), but I should.” The top executive of the US-headquartered technology firm was meeting with customers ahead of his keynote address in New Delhi on Wednesday.
10.01 / 11:17
markets
UPS
Digital
security
Strategy
PAM
Sebi renews recognition to AMC Repo Clearing for 1 year to clear transactions
Markets regulator Sebi has renewed its recognition of AMC Repo Clearing Ltd as a clearing corporation for one year till January 16, 2026 for clearing and settling transactions in repo and reverse repo in debt securities. The regulator has granted renewal of recognition for one year starting January 17, 2025, according to a notification uploaded on Sebi's website on Friday. Under the rules, AMC Repo Clearing Ltd will not undertake any activity except that of clearing and settling of transactions in repo and reverse repo in the debt securities that are dealt with or traded on a recognised stock exchange. Earlier, the Securities and Exchange Board of India (Sebi) had granted recognition to such clearing corporations in January 2023.
10.01 / 11:17
markets
UPS
Strategy
PAM
track
Neeraj Chopra named world's best male javelin thrower in 2024 by reputed US track and field magazine
Paris Olympics silver medallist Neeraj Chopra has been named the best male javelin thrower in the world in 2024 by globally-renowned American magazine 'Track and Field News'. The 27-year-old Chopra, who was beaten by Pakistan's Arshad Nadeem for the Olympic gold medal in August last year, pipped two-time world champion Anderson Peters of Grenada for the top spot in the 2024 rankings published by the California-based magazine. Nadeem was ranked fifth as he competed in only one event in 2024 besides the Olympic Games where he came up with a monster throw of 92.97m as against 89.45m of Chopra. He finished fourth in Paris Diamond League. Founded in 1948, the magazine, which claims itself to be 'The Bible Of The Sport', publishes world and American rankings every year. The magazine is considered an authority in global track and field circles.
10.01 / 10:51
markets
UPS
Strategy
President
War
Russia says it welcomes Trump's readiness to solve problems through dialogue
Trump to resolve problems through dialogue, Kremlin spokesman Dmitry Peskov said on Friday, reaffirming Russian President Vladimir Putin's readiness for talks with Trump. There may be progress on setting up a meeting between Trump and Putin after Trump is sworn in on Jan. 20, Peskov told reporters. Trump said on Thursday a meeting was being set up between him and Putin, but offered no timeline. Trump said repeatedly during his election campaign that he could end the Russia-Ukraine war within 24 hours, but he and advisers have suggested more recently that it could be resolved within months of him taking office.
10.01 / 10:51
markets
UPS
Citi
IPO
Strategy
Philippine fintech GCash hires banks for up to $1.5 billion IPO, sources say
Philippine fintech firm, has hired banks, including Citi, Jefferies and UBS, to work on an up to $1.5 billion domestic initial public offering, three sources with knowledge of the matter said, in what would be the country's biggest ever stock offering. The IPO is expected to take place as early as the second half of 2025 or in 2026, subject to broader market conditions, two of the sources said, declining to be named as the matter was private. If the listing goes ahead it would be Philippines' biggest ever, surpassing the $1 billion IPO of Philippine food company Monde Nissin in 2021.
10.01 / 10:37
COST
UPS
Citi
Waters
innovations
Features
Zero-proof drinks for Dry January
Subscribe to enjoy similar stories. Temperance in the world of cocktails implies drinking with restraint or in moderation. Bartender Pawan Rawat chanced upon the word while crafting the menu for the new bar Hitchens in Mumbai, and adopted it as the name for the zero-proof drinks section.
10.01 / 10:17
markets
UPS
Digital
Platform
Election
Interviews
How Musk's interview with German AfD leader squares with EU laws
Elon Musk's expected hosting of Alice Weidel, leader of the far-right Alternative for Germany (AfD) party, for a discussion on his X platform on Thursday was being watched by the European Commission to check for any spreading of misinformation before next month's German election. The European Union's Digital Services Act (DSA) is intended to address illegal content such as hate speech and intentional manipulation to influence elections. X has been under investigation under the DSA since 2023 over suspected dissemination of illegal content and the effectiveness of its measures to combat information manipulation.
10.01 / 09:33
markets
UPS
Digital
Strategy
Experts
PAM
Gold demand in India slows, Lunar New Year fuels interest in other hubs
Gold discounts in India rose this week as consumers refrained from buying as local prices hit a month's high, whereas the upcoming Lunar New Year festival stimulated gold buying activity in other major Asian markets. Indian dealers offered a discount of up to $17 an ounce to official domestic prices, inclusive of 6% import and 3% sales levies, up from the last week's discount of $14 an ounce. «Prices are high, so buyers are holding off on purchases. Anyway, the inauspicious Khar Mass (month in Hindu calendar) is still going on,» an Ahmedabad-based jeweller said.
10.01 / 09:33
markets
UPS
Waters
Strategy
love
social
Elon Musk says he has 'drinking problem' and shares proof online, netizens call it ' The Trump effect'
Elon Musk on Thursday revealed an unusual «problem» in his personal life on his social media platform X, formerly known as Twitter. The Tesla and SpaceX CEO shared a candid photo of his bed side table, which appeared to be a mini shrine to his favorite beverage—Diet Coke. The image shows several cans of Diet Coke cluttered on the nightstand, along with a glass of water and a set of headphones resting on the table. A pair of black boots can be seen placed beside his bed side table. Musk captioned the post with a cheeky remark: “I have a drinking problem.”
10.01 / 09:17
COST
UPS
Provident
CEO
Sustainability
country
innovations
India to be testbed for implementing decarbonisation technologies globally, says GEAPP CEO
Subscribe to enjoy similar stories. New Delhi: The Global Energy Alliance for People and Planet (GEAPP) plans to use India as a testbed for new decarbonisation technologies that would then be commercially operationalised in other developing countries.
10.01 / 09:15
UPS
Digital
Waters
Action
Research
recommendations
Severe AQI: Delhi, neighbouring states to draft plan to tackle road dust pollution
Subscribe to enjoy similar stories. New Delhi: The Commission for Air Quality Management (CAQM) has directed Delhi-NCR, Rajasthan, Uttar Pradesh, and Haryana to draft a three-year action plan to combat dust pollution from roads and open areas by the end of February. The plan will prioritize urban and industrial areas and include measures such as end-to-end greening, paving of roads, pedestrian and cyclist pavements, and micro-surfacing.
10.01 / 09:15
markets
UPS
CEO
President
2020
Equality
Interviews
Sam Altman’s strategic ambiguity on AI sounds a lot like doublespeak
Subscribe to enjoy similar stories. Remember when OpenAI’s nonprofit board unceremoniously fired Sam Altman? It was a four-day spell in the wilderness for its CEO, sparked by the claim he hadn’t been “consistently candid" with the directors. A year later, Altman isn’t being very consistent about the future of artificial intelligence (AI).
10.01 / 08:35
markets
UPS
security
reports
Investigations
International
Nakdu Yadav’s 35-year con: How a notorious gangster became a trusted Home Guard in UP
Nakdu Yadav, a wanted criminal with a long history of violent crimes, managed to outwit law enforcement for more than three decades. By assuming the identity of "Nandlal Yadav," he infiltrated the UP Home Guards, working under the very system that once sought to apprehend him. His ruse remained intact until an unexpected betrayal by his own family led to the revelation of his past and his subsequent arrest, as reported by TOI.
10.01 / 08:35
markets
UPS
Analysis
Enterprise
Trade
Experts
rights
Fundraising from capital markets to jump 21% to over Rs 14 lakh crore in FY25: Madhabi Puri Buch
markets, including through equity and debt instruments, is estimated to jump by nearly 21 per cent to Rs 14.27 lakh crore in FY25 from the Rs 11.8 lakh crore in FY24, Sebi chief Madhabi Puri Buch said on Friday. Buch said in the past nine months of the current fiscal, entities have mobilised Rs 3.3 lakh crore in equity and Rs 7.3 lakh crore from the debt markets, with the overall mop-up reaching Rs 10.7 lakh crore. «If we project for the next quarter (Q4), we will probably end somewhere like over Rs 14 lakh crore raised for the year in terms of capital, both equity and debt,» Buch said addressing a NISM-organised conference here.
10.01 / 05:59
10.01 / 05:59
UPS
wellness
Photos
blues
Equality
Features
Profiles
OnePlus 13 review: Worth the upgrade?
Subscribe to enjoy similar stories. It may be unlucky for some, and there’s even a term to describe the fear of anything numbered or labelled 13—triskaidekaphobia. Not so for OnePlus, which has fortunately stayed the course the company set with the OnePlus 12, one of not having to add a “for the price" caveat after telling you how good the phone is.
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