UPS Financial News
12.12 / 14:21
UPS
Target
Manufacturing
Bill
Swimming
New Jersey targets plastic packaging that fills landfills and pollutes
New Jersey is seeking to drastically reduce the amount of plastics and other packaging material that's tossed out once a package is opened
12.12 / 14:21
UPS
Art
Dreams
beautiful
gatherings
Headlines
hockey
Turning dusty attic treasures into cash can yield millions for some and disappointment for others
Kaja Veilleux has been hunting New England attic treasures for more than 50 years
12.12 / 14:21
12.12 / 14:21
markets
UPS
Target
country
electronic
reports
Stock market today: Wall Street slightly lower in premarket ahead of another US inflation report
Wall Street is pointing slightly lower ahead of another U.S. inflation report and an expected interest rate cut by the European Central Bank
12.12 / 14:21
COST
UPS
economy
Food
reports
US wholesale inflation accelerated in November; sign price pressures remain elevated
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago
12.12 / 14:21
markets
UPS
Target
Strategy
economy
reports
China ends planning meeting with vows to stabilize its economy, but gives no details on stimulus
Chinese leaders have wrapped up a two-day planning meeting in Beijing with pledges to take a more proactive approach in pepping up the economy, but gave no details on stimulus measures
12.12 / 14:19
markets
UPS
Platform
Software
Food
reports
Blinkit enters 10-minute food delivery space with Bistro app
quick commerce platform Blinkit has launched a standalone app Bistro, marking its foray into the 10-minute food delivery space. The service has been rolled out in a few localities of Gurugram. According to the description on Google's app store, the new platform will offer snacks, meals, desserts and beverages, which will be delivered in 10 minutes. The development comes at a time when food delivery and quick commerce platforms are extending the ultra-fast delivery model to food. In 2022, Zomato, through its primary offering, had experimented with 10-minute delivery of food in Gurugram but later discontinued the pilot programme. It later launched Zomato Everyday which offers meals prepared by home cooks from centralised kitchens in relatively shorter timeframes.
12.12 / 13:45
12.12 / 13:35
markets
COST
UPS
Target
FIVE
Software
Experts
Bajaj Finance's five year plan has a deep AI focus
Bajaj Finance, India's largest non-bank consumer financier has unveiled a new business plan for the next five years which envisages integration of artificial intelligence (AI) across all its processes to improve customer engagement, grow revenue, enhance productivity, strengthen controls and reduce operating and credit costs. In chat with ET, managing director Rajeev Jain said the transition to an all-encompassing AI based system will improve customer conversion rates at a much lower cost while ensuring the loan growth remains at current rate or moves to a faster trajectory. “We have already deployed AI in some use cases this year and plan total adopting by December 2026. At the current run rate we are saving Rs 140 crore to Rs 150 crore per year compared to last year. But the possibilities are infinite in terms of significant improvement in conversion rates. Costs will also be lower with growth at a similar or faster rates,” Jain said.
12.12 / 13:23
12.12 / 13:21
UPS
community
country
information
rights
Videos
Job or internship hunting in Canada or US? $160,000-earning techie suggests proven formula
Canada and the USA has gone viral and grabbed the attention of the internet. The video claims to have legitimate information for those unemployed in these countries. It further showcases a techie who suggests a step-by-step process for getting the right experience. According to a techie earning $160,000 (Rs 1.35 crore), an extensive certificate, internships or projects will not help. He suggests GitHub or opting for open-source code. He further advised on beginning a contribution to the GitHub project. He warned that the process can be a “long grind” and one may not find much results. But slowly once when an individual starts to get the hang of it, then there will be results and recognition. As soon as the person gains recognition in the community, it becomes very easy to switch or pivot to any job that one wants.
12.12 / 13:21
markets
UPS
security
Strategy
Software
Election
recommendations
One nation, one election: Top 10 recommendations made by Ram Nath Kovind panel
simultaneous elections, which were accepted by the Cabinet in September. The top 10 recommendations on simultaneous polls made by the high-level panel on «one nation, one election» are: 1. The government must develop a legally-tenable mechanism in order to restore the cycle of simultaneous elections.
12.12 / 13:01
markets
UPS
Software
economy
Interface
voice
Voice AI startup Vapi raises $20 million in Bessemer, Y Combinator-backed round
Vapi, a San Francisco-based startup that helps businesses deploy artificial intelligence-powered voice agents, said on Thursday it raised $20 million from investors, including Bessemer Venture Partners and Y Combinator, in an early-stage funding round. The fundraise valued Vapi at $130 million, according to a source familiar with the matter. Other investors in the round included Abstract Ventures, AI Grant, Saga Ventures and Michael Ovitz, who co-founded the influential Creative Artists Agency.
12.12 / 13:01
UPS
awards
WhatsApp
Steel Ministry proposes 37% purchase preference to green steel in government tenders
steel ministry has proposed that over a third of the total government steel procurement will be of low carbon variant. This 'Green steel' is defined as steel produced with emissions lower than 2.2 tonnes of carbon dioxide per tonne of finished steel. A star-rated grading system will also measure the greenness of steel, with five-star rating for emission intensity lower than 1.6 tonnes of CO2 equivalent per tonne of finished steel. According to a steel ministry presentation, up to 37% of all future steel procurement will be earmarked for green steel as an incentive to lower carbon intensity. A definition for Green steel was also announced by the Steel Ministry on Thursday. Speaking at an event to the mark the same, Union Steel Minister, H D Kumaraswamy said, «The green steel taxonomy will help set a benchmark for adopting global best practices and help India emerge as global leader in green steel production.»
12.12 / 11:53
markets
UPS
CME
Food
trends
show
Investors shouldn’t count on much help from the Fed next year
Subscribe to enjoy similar stories. Could the Federal Reserve be done cutting rates after December? That shouldn’t be ruled out. Markets seemed undisturbed by Wednesday’s inflation data, which showed consumer prices rising 2.7% in November from a year earlier, up from 2.6% in October.
12.12 / 10:11
UPS
performer
Inside
exclusive
hospital
reports
Insurers must report claims data in greater detail to improve accountability
The Insurance Broking Association of India recently published a report on general insurance claims, which includes a simple comparison of various insurers’ claims performance across a range of metrics. The data is also broken down by line of business – health, motor, fire, etc.
12.12 / 10:11
UPS
Platform
Entertainment
security
cover
information
Mistakes people make when porting a health insurance policy
NEW DELHI: The renewal of your existing health plan is just around the corner, and you've started receiving calls to port your policy. If you are unhappy with your existing insurer or the health plan, you may end up entertaining those calls.
12.12 / 09:49
COST
UPS
Software
Election
Bill
reports
One Nation, One Election: Why is the bill so dear to BJP and why it is opposed
One Nation, One Election" bill, a significant move aimed at streamlining the electoral process. A comprehensive bill is expected to follow this decision, paving the way for unified elections across the nation. Earlier on Wednesday, former President of India Ram Nath Kovind stated that the Central government must build a consensus on the 'One Nation, One Election' initiative, emphasising that the issue transcends political interests and serves the nation as a whole.
12.12 / 08:47
markets
UPS
Software
Sustainability
awards
India steel industry in trouble because of cheap imports; capacity utilisation at 4-year low: ICRA
Capacity utilisation of domestic steel industry in 2024-25 is poised to slip below 80 per cent for the first time in four years as cheap imports nibble at market share, according to rating agency ICRA. Fresh upcoming capacity addition plans could be at risk of a slowdown unless earnings of domestic steel mills inch up from prevailing levels, the rating said in a statement Thursday. Following the post-Covid metals rally, the domestic steel industry was able to achieve the impossible trinity of maintaining above 80 per cent capacity utilisation rates, a strong investment pipeline, and comfortable leverage levels for three years back-to-back between 2021-22 and 2023-24.
12.12 / 08:39
markets
UPS
SEC
security
Analysis
Trade
Experts
Adani stocks rally up to 9% after FBI director Chris Wray's resignation
Adani Group stocks surged by up to 9% on Thursday after FBI Director Chris Wray announced he would step down from his position early next year. The news follows signals from Republican President-elect Donald Trump indicating his intention to dismiss the veteran official and replace him with Indian-American Kash Patel. The combined market capitalization of all Adani Group stocks increased by Rs 28,000 crores.
12.12 / 07:13
markets
UPS
IPO
Trade
Experts
band
Nifty IT crosses 46K milestone! Infosys, Wipro other tech stocks gain up to 4% to new 52-week highs
IT stocks outperformed the broader market on Thursday, with the Nifty IT index hitting a new high of 46,000.Leading the charge were Coforge and Tech Mahindra, which surged up to 4%. Several other IT stocks, including Infosys, Wipro, HCL Technologies and Mphasis, also reached their 52-week highs.Coforge shares rose 3.8% to Rs 9,349, Tech Mahindra shares went up by 2.7% to Rs 1,807, LTIMindtree shares gained 2% to Rs 6,733 while Infosys shares rose 1.5% to Rs 1,998.
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