UPS Financial News

McDonald’s will expand its U.S. value menu early next year as it continues to try to win back inflation-weary customers

China is going to expand visa-free entry to citizens of nine more countries as it seeks to boost tourism and business travel to help revive a sluggish economy

Joe Biden hosted the 2024 NBA champion Boston Celtics at the White House on Thursday, marking a celebratory occasion that also featured some light-hearted moments. While the event highlighted the Celtics’ championship achievements, Biden’s remarks, including a brief moment of apparent uncertainty and mentioning his Secret Service code name, drew notable attention, as mentioned in a report by Fox News.

An Australian Cabinet minister has rejected X Corp. owner Elon Musk’s allegation that the government intends to control all Australians' access to the internet through legislation that would ban young children from social media

Manulife Financial Corp.’s chief executive Roy Gori, who surprised some investors with an earlier-than-expected retirement announcement this week, says he never wanted to stay in the job so long that people started wondering why he just wouldn’t leave.

As Canadian consumers pull back on spending after years of rising costs, some retailers are cutting prices to lure people back into their stores.

The limit on annual contributions to an IRA will remain at $7,000 and the IRA catch-up contribution limit for people 50 and over remains $1,000 for 2025. The agency last week announced increases to the standard deduction in its annual inflation adjustments for 2025. For single taxpayers and married individuals filing separately in tax year 2025, the standard deduction is rising to $15,000 — up $400 from 2024. For couples who file jointly, that standard deduction will be $30,000 for 2025, an $800 jump from the year prior. And heads of households will get a $22,500 standard deduction, up $600 from 2024. Income thresholds for all seven federal tax bracket levels were also revised upward.

Mahindra Lifespace Developers Ltd. (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has extended its partnership with Japan’s Sumitomo Corporation for the second phase of their joint industrial parks project in Tamil Nadu. The company, through its subsidiary Mahindra World City Developers (MWCDL), has entered into a supplemental agreement that involves an investment of around Rs 225 crores by MWCDL and Sumitomo Corporation in Mahindra Industrial Park Chennai Ltd (MIPCL), in proportion to their existing shareholding. The joint venture agreement was originally signed in 2015. “The partnership with Sumitomo Corporation, reflects our commitment to fostering progress and enabling industries to thrive sustainably,” said Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers.

UP chief minister Yogi Adityanath on Friday distributed appointment letters to 701 forest inspectors. They were selected through the Uttar Pradesh Subordinate Services Selection Commission (UPSSSC) under the state government’s initiative “Mission Rozgaar”. Speaking at the function, organized at Lok Bhavan in Lucknow, CM Yogi said his government is committed to forest and environmental conservation while referring to the future responsibilities of the newly appointed officers. He also added his government will continue to ensure a fair recruitment process. There is no place for nepotism, he further said. Appreciating the UPSSSC for providing opportunities based on merit, CM Yogi said seven lakh youths got jobs through transparent procedures since 2017. He said his government has eradicated nepotism and favouritism in the recruitment process.

Subscribe to enjoy similar stories. DUBLIN : The Irish government is rolling in clover like never before. The country currently has so much money it pumps cash into not one but two sovereign-wealth funds.

Subscribe to enjoy similar stories. Indian billionaire Gautam Adani and some associates are facing serious allegations of fraud brought by the US attorney’s office in New York. According to prosecutors, the Adani group orchestrated a yearslong scheme involving the payment of $250 million in bribes to Indian government officials to secure favourable terms for solar power contracts awarded to Adani Green Energy Ltd and Azure Power Global Ltd, a New Delhi-based firm that was previously listed on the New York Stock Exchange.

Subscribe to enjoy similar stories. Holiday wish lists are often ambitious. The federal government’s wish list for Google takes that to a whole new level.

Subscribe to enjoy similar stories. BAKU, Azerbaijan—A few dozen miles from the United Nations climate conference here, a company controlled by the United Arab Emirates recently opened the region’s largest solar-power park. Nearby, a Saudi state-backed company is building a large wind farm.

Elevated mortgage rates, rising home prices and other U.S. housing market trends that have kept many would-be homebuyers on the sidelines are likely to remain hurdles next year, driving solid demand for single-family rental houses, analysts say

NTPC Green Energy Ltd has signed an agreement with NREDCAP to set up renewable energy projects worth Rs 2 lakh crore, Andhra Pradesh Chief Minister N Chandrababu Naidu said. NTPC Green Energy Ltd (NGEL), the renewable energy arm of power giant NTPC, has recently launched its Rs 10,000 crore Initial Public Offering (IPO) with a price band of Rs 102-108 per share. NGEL has signed a joint venture with NREDCAP (New & Renewable Energy Development Corporation of Andhra Pradesh) to set up renewable energy (RE) projects worth Rs 2,00,000 crore in Andhra Pradesh, Naidu said in a post on X on Thursday. The collaboration will focus on developing 25 GW solar/wind, 10 GW pumped storage projects (PSPs), and 0.5 MMTPA green hydrogen, the chief minister added.

Subscribe to enjoy similar stories. This meet-cute goes back more than a decade. Gursi Singh was walking around the lanes of south Delhi’s Hauz Khas village, taking a break from designing the decor for a friend’s café, when he stumbled upon a store with a sign that read “Love Birds".

Google must sell Chrome, its flagship browser, to break what officials say amounts to a monopoly on online searches. Experts say the sale of a browser used by millions could have far-reaching impacts on the way people use the internet, and even help reshape what browsers of the future might look like.The measures presented by the Department of Justice are part of a landmark case in Washington which has the potential to reshape how users find information.The proposed measures would be in place for up to a decade, enforced via a court-appointed committee to remedy what the judge overseeing the case deemed an illegal monopoly in search and related advertising in the U.S., where Google processes 90 per cent of searches.Carmi Levy, a technology analyst, said if Google is forced to sell Chrome, the implications could be “seismic” and lead to uncertainty.“This could be the industry’s next Y2K if it comes to pass because so many workflows, so many apps, so many services rely on Chrome as a foundation.

Silver sales witnessed a sharp spike ahead of Dhanteras this year and investors were not just buying it in physical form but were also investing in ETFs (Exchange Traded Funds). Silver ETFs registered an unprecedented surge with the Assets under Management (AUM) growing by over four-fold to touch Rs 12,331 crore in October 2024, up from Rs 2844.76 crore in October 2023, said ICRA Analytics. The total number of folios under Silver ETFs increased by nearly 215% to touch 4.47 lakh in October 2024, up from 1.42 lakh in the same period last year. Net inflows grew by 24% at Rs 643.10 crore in October 2024, as against Rs 518.02 crore last year.

Maharashtra Assembly election, held on November 20, is shaping up to be a highly competitive contest, with the state’s two major alliances—the BJP-led Mahayuti coalition and the Congress-led Maha Vikas Aghadi (MVA)—dominantly vying for power. However, smaller parties could play a crucial role in influencing the results, potentially altering the political landscape and emerging as key players in the formation of the next government in Maharashtra. Notably, the Maharashtra Navnirman Sena (MNS), led by Raj Thackeray, the Vanchit Bahujan Aaghadi (VBA), headed by Prakash Ambedkar, and Asaduddin Owaisi’s All India Majlis-e-Ittehadul Muslimeen (AIMIM) could become significant forces in the state.

The government reviews interest rates of small savings schemes quarterly. The Ministry of Finance said in a press release dated September 30, 2024, “The rates of interest on various Small Savings Schemes for the third quarter of FY 2024-25 starting from 1st October 2024 and ending on 31st December 2024 shall remain unchanged from those notified for the second quarter of FY 2024-25." Earn FD interest rates up to 8.25%: 3 banks that have revised FD rates in November 2024

Previously, the top court directed Delhi and all the governments in the National Capital Region (NCR) to strictly implement GRAP stage IV anti-pollution measures as AQI (Air Quality Index) remains in the «severe» category. A bench of Justices Abhay S Oka and Augustine George Masih also directed Delhi-NCR states to constitute immediate teams for monitoring actions which are required under it.