UPS Financial News

Subscribe to enjoy similar stories. Natural diamonds are losing their sparkle. What will it take to restore it? After a postpandemic surge in demand in 2021 and 2022, natural-diamond prices are down about 8% compared with the first quarter of 2020, while lab-grown diamond prices are down 75%, according to data from diamond-industry analyst Paul Zimnisky.

Subscribe to enjoy similar stories. Researchers have identified a focal point for the forces they suspect of driving up cancer cases in young people: the gut. They are searching people’s bodies and childhood histories for culprits.

Dalal Street and deal-making activity recording its busiest year ever, investment bankers are estimated to have earned $1.3 billion in fees last year. Kotak Mahindra Bank took the top position for overall investment banking fee ranking in India with a total of $92.8 million, accounting for 7.2% wallet share of India's investment banking fee pool, showed data from LSEG.

Subscribe to enjoy similar stories. The Audi Q7, a car popular among India’s film stars, has long been a symbol of luxury and practicality. With its combination of reliability and solid build quality, it has been the go-to seven-seater SUV.

Subscribe to enjoy similar stories. The year 2025 is really like any other, only more so: It deserves to be greeted with what one of my former editors calls “paranoid optimism." Optimism is in order because the world, chaotic as it currently looks, might get better—and yes, in part because a new American president, Donald Trump, could tackle problems in such mind-bogglingly unorthodox ways that breakthroughs become conceivable. The paranoia is called for because the world is complicated, with dangerous feedback loops hidden inside today’s “polycrisis." And a leader as proudly unpredictable as Trump might inadvertently blow it all up.

Subscribe to enjoy similar stories. America is getting better at getting things done. Take Vic Viktorov, a gym owner who increased revenue at his Boston business in 2024 by 30% without adding a single salesperson to the two already on staff.

Subscribe to enjoy similar stories. U.S. megabanks want to leave behind some green finance pledges in 2024.

Subscribe to enjoy similar stories. The regulatory developments and the actions of the Reserve Bank of India (RBI) on fintech entities in 2024 received widespread coverage. The unease felt by the sector was expressed in various forums.

Subscribe to enjoy similar stories. The blaring New Year’s Day headlines would be panic-inducing for any CEO: Your signature product, in this case Tesla’s Cybertruck, caught fire and exploded outside Trump International Hotel in Las Vegas. And for Tesla and Elon Musk, few topics are touchier than vehicle fires.

Subscribe to enjoy similar stories. The Indian auto industry's performance is widely tracked, with millions of vehicles including trucks, buses, cars, three-wheelers, scooters and bikes sold every year. India is the world’s second-largest manufacturer of two-wheelers, third-largest manufacturer of passenger cars, and largest manufacturer of three-wheelers.

Gill Organics company about two years ago. They developed a system that allows families to enjoy fresh, chemical-free vegetables without the burdens of full-scale farming. This setup offers convenience and reflects a commitment to prioritizing health and environmental sustainability. The produce includes spinach, cauliflower, potatoes, onions, spring onions, bottle gourds, and a variety of other vegetables.

Subscribe to enjoy similar stories. Waaree Renewable Technologies Ltd’s shares are up about 10% this week after it said it had received an order for a two-gigawatt (GW) solar project from Jindal Renewables. The order, higher than its cumulative backlog of 1.7GW at September-end, is the largest received by the solar EPC (engineering, procurement and construction) company so far and establishes its position as a gigawatt-scale project execution player.

Dry January and amid growing interest in the “sober curious” movement, researchers at the University of Victoria have unveiled a new tool to gauge the health impacts of alcohol.The new Know Alcohol calculator was developed by researchers at UVic’s Canadian Institute for Substance Use Research (CISUR).The tool allows people to calculate personalized estimates of the potential health risks from their own alcohol consumption, along with the possible benefits of drinking less.The calculator is built on the health science used to generate Canada’s Guidance on Alcohol and Health, and asks individuals to enter their age, sex and an estimate of how much they drink in a week.“When Canada’s Guidance on Alcohol and Health was released two years ago, it started the first national conversation on alcohol consumption,” said Dr. Tim Naimi, director of CISUR.“We wanted to take it a step further and make a tool that showed people personalized results so they could make evidence-informed decisions about their drinking habits.”Using the personalized inputs, the tool returns a variety of data, including the increased risk of diseases such as cancer, cardiovascular disease, diabetes and injury.It also generates estimates such as the risk of dying early from alcohol, the average amount of lifetime lost per drink, and a health risk comparison to cigarettes.Naimi said the researchers didn’t just rely on mathematical models to craft the tool.

Subscribe to enjoy similar stories. Anand lowers the carton boxes from the loft. They find space on the crowded floor, littered with books and diaries pulled from the shelf.

Rajinikanth and Amitabh Bachchan are two titans of the Indian film industry and their contributions to the cinema have been immense. However, instead of considering one as a competition, the Jailer actor once shared how Amitabh Bachchan is a great inspiration for him. He further added that the Pink actor, with whom he is in constant touch, once gave him advice that he follows now.

Oil and Natural Gas Corp (ONGC) climbed as much as 3.7% on Friday to Rs 255.20 on BSE after global brokerage firm Jefferies reiterated its «buy» rating on the stock at a target price of Rs 375, reflecting significant potential upside of 47% from the current levels. Jefferies said that the recent 30% correction in ONGC's stock price over the last three months appears unwarranted, attributing it to a 10% decline in crude oil prices. However, the brokerage firm noted that the earnings impact from this correction is minimal, with a reduction of only about 2%.

Magadh Sugar & Energy Ltd.(up 1.73%), Simbhaoli Sugars Ltd.(up 1.60%), Rajshree Sugars & Chemicals Ltd.(up 1.35%), Kothari Sugars & Chemicals Ltd.(up 1.28%), Vishwaraj Sugar Industries Ltd.(up 1.13%), Bajaj Hindusthan Sugar Ltd.(up 1.11%), Rana Sugars Ltd.(up 0.85%), Dalmia Bharat Sugar and Industries Ltd.(up 0.80%), Shree Renuka Sugars Ltd.(up 0.80%) and Ugar Sugar Works Ltd.(up 0.77%) were among the top gainers.

Stocks that rallied over 10% included, Avenue Supermart(13.64%), Astec Lifesc(13.59%), Ashiana Ispat(11.94%), Rasi Electrodes(11.11%), Pasari Spinning(11.03%), Jayaswal Neco(11.02%) and Uma Exports(10.82%).

Tata Power Company Ltd. 0.21 per cent to Rs 396.40 at 10:41AM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 302,364 shares with a turnover of Rs 12.07 crore till 10:41AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 33.87, while the price-to-book value ratio stood at 3.89.

Karma Energy Ltd.(up 10.00%), Indo Tech Transformers Ltd.(up 4.24%), Indowind Energy Ltd.(up 2.54%), Adani Energy Solutions Ltd.(up 2.29%), ACME Solar Holdings Ltd.(up 2.03%), SJVN Ltd.(up 1.29%), Kalpataru Projects International Ltd.(up 1.28%), Transformers & Rectifiers(India)Ltd.(up 1.24%), Gujarat Industries Power Company Ltd.(up 1.22%) and Jyoti Structures Ltd.(up 1.20%) were among the top gainers.

Avonmore Capital (up 20.00%) were among the stocks that surged over 15%.