UPS Financial News

The India VIX climbed 2.09% to close at 15.99 on Thursday, indicating heightened caution. FII selling pressure continues, as the Long-Short ratio hovers around the 25% level.

Indian Prime Minister Narendra Modi says his government views the South American country of Guyana as key to its energy security

Oil company Phillips 66 has been federally indicted in connection with alleged violations of the Clean Water Act in California

U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected

Sneaking a little ahead of line to get on that plane faster

Subscribe to enjoy similar stories. Luxury automaker Jaguar is betting that a colorful and youthful rebrand will help it successfully launch fully into the electric-cars market. Critics, however, are questioning whether the U.K.

Subscribe to enjoy similar stories. The biggest challenge with artificial intelligence is that we don’t have enough yet. Regulation should aim to help solve this problem.

Rahul Singh, CIO, Tata Asset Management, says the market has shifted away from thematic sector-based movements to stock-specific movements now and he expects that even while the markets remain sideways, the nature of the market will be very different and it will be a very bottom-up stock selection rather than the sectoral swings we saw in the last 24 months. So Singh says we should expect a slightly narrower market focused more on valuation and more stock specific. Between November 2021 and March 2023, there were 17-18 months of a very similar phase and it can happen again. What is your view on the market? We know the reasons for the correction which are basically valuation and earnings and the FII outflows, but the question is has all of that been factored in by the market and from here on do we expect a recovery or do you expect this the sideways move to be the nature of the market for the next couple of months? Rahul Singh: The market would be watching the earnings.

Adani Enterprises, Adani Green, JSW Energy, Afcons Infra, Tata Power among others will be in focus due to various news developments. Adani Enterprises, Adani Green Shares of Adani Enterprises, Adani Green and few other group stocks will be in focus following a sharp 20% fall on Thursday due to US indictment against Gautam Adani.

The bitcoin price topped $98,000 for the first time during European trading and was last up around 2.4% at $96,779.

Zepto has raised an additional $350 million in funding from Indian high net-worth individuals (HNIs), family offices, and leading financial institutions. The fundraise was led by Motilal Oswal’s private wealth division, the company said in a statement. This adds to the $1 billion war chest Zepto has amassed over the past few months to take on rivals like Zomato’s Blinkit, Swiggy Instamart and others. ET first reported in October about Zepto looking to onboard local investors with a mandate of raising $150 million. Subsequently, we reported on November 15 that the round had doubled in size as the quick commerce firm sought to boost local shareholding and investor interest in the sector was at a peak.

People aware of the ongoing downsizing drive within Ola Electric said the company has cut 300-400 jobs, or under 10% of the workforce, over the past few months. The numbers would go up and as many as 500 employees may be impacted as the process is still ongoing, according to one of the people. «There is an emphasis on profitability and workforce optimisation is in line with that goal,» said a person close to the company.

Canada’s banking and insurance regulator said it expects executives and boards to be accountable for their company culture, and it’s beefing up its rules on how to do that.

winter session of Parliament starting on Monday. The five new draft legislations include the one to set up a cooperative university. The pending bills include the Waqf (Amendment) Bill which has been listed for consideration and passage after the joint committee of the two Houses submits its report to Lok Sabha. The panel is mandated to submit its report on the last day of the first week of the winter session. The session concludes on December 20.

Sean Diddy Combs, trouble is not looking to end as fresh cases are now being registered against him, where he has been accused of rape by 3 men and 2 women, giving an astonishing turn to his overall list of alleged crimes registered against him. Diddy Combs' series of lawsuits are now mounting to an exponential level and his getting out of prison easily is not looking like an optimistic deal at the moment. Diddy is facing multiple civil lawsuits alleging sexual assault, abuse, and other misconduct. These allegations have come from various individuals, including his former partner. Diddy has meanwhile, pleaded not guilty to all criminal charges and denies all allegations of wrongdoing. However, the ongoing legal battles and public scrutiny have undoubtedly put him in a challenging situation. In a latest development, five alleged victims are claiming that the 55-year-old hip-hop mogul drugged and raped them, which is now adding up to the existing set of allegations pending against him. All the complainants are being represented by Texas-based attorney Tony Buzbee, who has said he intends to file lawsuits on behalf of 120 alleged victims, which simply sounds as much more trouble for Sean Diddy Combs.

Sales of previously occupied U.S. homes rose in October, the first annual gain in more than three years, with home shoppers encouraged by easing rates and a pickup in properties on the market

Canadian Prime Minister Justin Trudeau plans to temporarily lift the federal sales tax off a slew of items and send checks to millions of Canadians who are dealing with rising costs as a federal election looms

The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July

Last week, the Canada Revenue Agency (CRA) released the new tax numbers for 2025. Here’s what you need to know for next year.

Prime Minister Justin Trudeau announced a $6.3 billion affordability package that includes temporary relief on the federal sales tax and a one-time $250 rebate to more than 18 million Canadians.

Ben Woolfitt has the perfectly rumpled look of a Canadian abstract painter of international renown. With his shock of white hair, black-rimmed glasses, green pants and a t-shirt that rides up over his belly when he sits at the kitchen table in his groovy, two-storey painter’s loft, it’s hard to imagine the artist hanging his easels anywhere else.