UPS Financial News

Canadian homeowners continue to face risks from a looming shock in mortgage renewals, even as the Bank of Canada lowers its benchmark interest rate, a report released Monday warns.

A bench comprising Chief Justice of India (CJI) D Y Chandrachud and Justices J B Pardiwala and Manoj Misra on October 22 reserved the judgement on eight petitions, including the lead one filed by Anjum Kadari, against the high court verdict. On March 22, the Allahabad High Court had declared the Act as «unconstitutional» and violative of the principle of secularism, and asked the state government to accommodate madrasa students in the formal schooling system.

Dixon Technologies Tuesday notified incorporation of a wholly-owned subsidiary Dixon Teletech to make components for IT hardware products. The contract manufacturer is setting up facilities to ramp up laptop assembling under the production-linked incentive scheme for IT Hardware, with orders from the top four laptop brands in the country — HP, Lenovo, Acer, and Asus. «The wholly owned subsidiary has been incorporated with an object to undertake manufacturing and dealing in, inter-alia, all kinds of Information Technology Products including Information Technology (IT) hardware components, related products, equipment and components thereof,» the company said in an exchange filing.

It’s one of the most under-publicized policies of some of the biggest U.S. retailers: sometimes they give customers full refunds and let them keep unwanted items too

Subscribe to enjoy similar stories. Mumbai: Delhi resident Harsha Singh, 31, often visits her family in the city of Mughalsarai, Uttar Pradesh, near Varanasi. That gives her an opportunity to visit Anand Netralaya, a standalone, single-specialty eye hospital.

Kamala Harris and Donald Trump will be at loggerheads in 34 Senate seats and 435 House seats across the US, with American voters lining up at their respective polling booths on November 5, which will be the first step towards deciding who will be the next President of the country.

IRCTC) on Monday reported 4% growth in its consolidated net profit to Rs 308 crore for the quarter ended September 30, 2024. It was Rs 295 crore in the last-year quarter. Consolidated revenue from operations for the reporting period stood at Rs 1,064 crore, up 7% compared with Rs 992 crore posted in the corresponding period of last year.

Subscribe to enjoy similar stories. When the call came last month with an offer to become manager of Manchester United, Ruben Amorim wasn’t given much time to think it over. This was a once in a lifetime offer, he was told, from one of the most celebrated clubs in sports.

Subscribe to enjoy similar stories. Let’s face it, you’re online right now, refreshing apps and looking for news. If you’re scrolling anyway, maybe try fixing something in your life—in 15 minutes or less.

NSE), which is gearing up for its IPO next year, on Monday announced that its Q2 consolidated profit after tax jumped 57% year-on-year (YoY) to Rs 3,137 crore due to an 8% drop in expenses. NSE's September quarter operating revenue rose 24% YoY to Rs 4,510 crore. Apart from trading revenue, the revenue from operations was also supported by other revenue lines which mainly includes clearing services, data centre & connectivity charges, listing services, index services and data services.

TechEagle on Monday announced the launch of eight dedicated hubs in collaboration with the country's premier healthcare institutions across eight states. The dedicated drone hubs, inaugurated virtually by Prime Minister Narendra Modi last week as part of Rs 12,850-crore multiple healthcare sector projects, will serve as critical points for rapidly deploying medical supplies, including essential medicines, vaccines, and diagnostic samples to underserved and hard-to-reach communities, TechEagle said in a statement. The eight dedicated facilities include hubs at AIIMS Guwahati, AIIMS Rishikesh, AIIMS Bilaspur, and AIIMS Bhopal, among others, it stated. With a targeted reach of over 200 locations across Assam, Uttarakhand, and Himachal Pradesh and others in the coming year, this initiative (of setting up dedicated hubs) will be a game changer for India's drone logistics landscapes, the company said.

Pakistan's central bank cut its key policy rate by 250 basis points to 15% on Monday, it said in a statement, for a fourth straight reduction since June, as the country keeps up efforts to revive a sluggish economy with inflation easing. Most respondents in a Reuters poll last week expected a cut of 200 bps after inflation moved down sharply from a multi-decade high of nearly 40% in May 2023, saying reductions were needed to bolster growth. Average consumer price index inflation in the South Asian country is 8.7% in the current financial year, which started in July, the statistics bureau says. The International Monetary Fund (IMF) expects inflation to average 9.5% for the year ending June.

Trump presidency. That's because executives expect a Trump administration would also bring with it policy uncertainty, trade wars, protectionism, and inflationary pressures, which will slow down mergers and acquisitions activity, interviews with bankers, lawyers and consultants show. That's leading some dealmakers to believe the environment for corporate M&A activity might not look much different under either presidential candidate: Trump or Democratic rival Kamala Harris.

Subscribe to enjoy similar stories. Logistics operators with roots in China are taking on more warehouse space across the U.S. amid broad changes in sourcing, manufacturing and global trade flows.

What are buyers saying on Amazon?Buyers appreciate the quality, cleanliness, and ease of use of the dishwasher. However, opinions vary regarding value for money and installation.Why choose this product?Choose this dishwasher for its Indian kitchen-friendly design, water-saving efficiency, and powerful cleaning suited for greasy dishes.The Bosch SMS66GW01I is a versatile dishwasher crafted for Indian households.

Argentina's libertarian president, Javier Milei, a political outsider who won election last year brandishing a chainsaw as a blunt symbol of his plans to cut spending, is defying long odds to right the embattled economy and keeping a lid on voter anger. After years of economic crises, debt defaults, soaring inflation and currency crashes, Milei's success is giving an adrenaline shot to long-moribund local bonds and sparking a wild rally in the markets some 11 months into his administration. The wild-haired economist, a poster child for the global far right and neoliberalism, has scored key economic wins in recent months, helping pull the country's debt out of distressed territory for the first time in half a decade.

Finance Corporation (IRFC) on Monday announced its results for the second quarter ended September 2024, wherein the company reported a 4% jump in its profit after tax (PAT) at Rs 1,612.65 crore on a year-on-year (YoY) basis while the revenue from operations surged by 2%. PAT was reported at Rs 1,544.58 crore for the same quarter of the previous financial year.

CIL's priorities should be to ramp up production of coal and scale up supplies to reduce imports, Union Minister G Kishan Reddy has said. Coal India Ltd (CIL) accounts for over 80 per cent of domestic coal output. Speaking at CIL's 50th Foundation Day on Sunday, the minister stressed upon the importance of miners' welfare and the rehabilitation of communities affected by mine closures. «Contractual workers play a significant role in Coal India's output, and I applaud the management's decision to implement Performance Linked Incentives for them, effective FY 2023-24,» he was quoted as saying in a coal ministry statement. The launch of commercial coal mining has led to transparency, ease of doing business and investment opportunities, helping open the coal sector.

Japan is planning an automated cargo transport corridor between Tokyo and Osaka to make up for a shortage of truck drivers

BEIJING — Early indicators of China's biggest shopping event of the year reveal a pickup in select categories amid expectations of relatively modest growth in overall sales.

Unionized factory workers at Boeing are voting on Monday whether to accept a contract offer or to continue their strike