UPS Financial News

U.K. Treasury chief Rachel Reeves has conceded that wages may rise by less than previously thought as a direct result of her budget decision to increase a tax that businesses pay for their employees

As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels

Centrum Group is likely to finalise the sale of its housing finance subsidiary by the end of this fiscal, with the odds evenly distributed between the possibility of a 100% sale and part monetisation. The group is in talks with five-six investors and the discussions have now boiled down to the valuation of the company, people aware of the matter said. According to market sources, Centrum is looking for a valuation of around Rs 1,300 crore for the housing finance subsidiary, which is a little below the current market cap of Centrum Capital, the operating holding company of the group.

Kamala Harris and Donald Trump are at loggerheads in the last week leading up to the US elections, with their last phase of political campaigning before November 5 seeing everything from opponent bashing, to insensitively attacking Puerto Ricans from a Republican rally stage. All the action in the US is now around the American polls, and the mail-in votes may help somewhat in understanding which way the country is swaying towards.

property market, has scaled a new peak by recording the best October performance in terms of registration of real estate deals and revenue collection through stamp duty charges. The festive period, beginning with Navratri followed by Diwali, are considered auspicious for property purchases, and has played a key role in this rise in registrations apart from the ongoing positive momentum in deal activity. The country’s commercial capital has registered 12,915 property transactions during the month, up 22% from a year ago, while the exchequer has fetched 44% higher revenue worth Rs 1,201 crore through stamp duty collections, showed data from inspector general of registration, Maharashtra.

Key Square Group founder Scott Bessent and chief economist at the America First Policy Institute Michael Faulkender discuss former President Trumps agenda on Kudlow.

FOX Business’ Jeff Flock reports on the latest news emerging from the auto industry as data reveals insurance prices have surged year-over-year.

Elon Musk, has bought a compound in Austin, Texas which costs $35 million and it consists of three homes, standing within walking distance from one to another. According to New York Post, the main residence is a mansion of 14,400 square foot and it is made taking the inspiration from Tuscan villas accompanying a six-bedroom house directly.

US elections. In some of the key battleground states, Indian-origin voters are so large in numbers, that election trends can change within a fraction of a second if these voters decided on rooting for a certain party.

Aries Agro Ltd.(up 3.53%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 3.03%), Mangalore Chemicals & Fertilizers Ltd.(up 2.78%), Paradeep Phosphates Ltd.(up 2.49%), Chambal Fertilisers & Chemicals Ltd.(up 2.09%), Madras Fertilizers Ltd.(up 1.69%), Coromandel International Ltd.(up 1.38%), Rama Phosphates Ltd.(up 1.18%), Nagarjuna Fertilizers and Chemicals Ltd.(up 1.06%) and Zuari Agro Chemicals Ltd.(up 0.68%) stood among the top gainers.

Troubled carmaker Stellantis on Thursday reported a 27% plunge in net revenues during the third quarter as gaps in launching new products and action to reduce inventories slashed global shipments of new vehicles by 20%

After 11 months in office, Argentina’s right-wing President Javier Milei has fulfilled his flagship pledge to eliminate the country’s monumental deficits by shrinking the public payroll, slashing subsidies and holding already low wages of state workers...

Hello Kitty turns 50 on Friday

Across the U.S., people's phones are pinging with text messages from Donald Trump, Kamala Harris and their allies

Homebuyers opted to make smaller down payments this summer as declining mortgage rates helped boost their purchasing power, though home shoppers’ upfront costs remain near their peak

Siddaramaiah on Thursday alleged that BJP was raking up the «Waqf issue» with an eye on the upcoming assembly by-polls in the state and elections in neighboring Maharashtra. Following allegations by a section of farmers in certain parts of the state that their lands were marked as Waqf properties, he reiterated that none of them will be evicted, and notices issued to them will be withdrawn. «BJP is doing politics. Notices were issued during their (BJP) tenure too, what do they have to say about it? During BJP's tenure over 200 notices were given. One should not practice such dual politics,» Siddaramaiah said. Speaking to reporters here, the CM said, «I have already said that the notices will be withdrawn, where is the issue? In case the notices are issued they will be withdrawn and no one will be evicted, where is the issue?»

Subscribe to enjoy similar stories. DENG XIAOPING was barely five feet tall, but China’s late ruler was a political giant. He was a leading figure in the Communist revolution and a hard-nosed Leninist.

Subscribe to enjoy similar stories. Microsoft and Meta Platforms might appear to have little in common. But both are betting large sums on artificial intelligence, and neither is yet inclined to slow down.

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retained players ahead of the mega auction. The rules for this year were tweaked by the BCCI with franchises allowed up to six retentions, which can include a maximum of five capped players and two uncapped players. However, retaining six players will come with a price of Rs 79 crore, which will leave only Rs 41 crore in the auction as the total purse for each team is Rs 120 crore. Further, the teams can use Right to Match (RTM) cards if with a number of RTMs equal to six minus the number of direct retentions. For example, if a team retains three players, it will have three RTMs available.

Sanju Samson, Yashasvi Jaiswal, Riyan Parag, and Sandeep Sharma are likely to be retained by the Rajasthan Royals (RR) ahead of the Indian Premier League (IPL) 2025 mega auction, according to ESPNcricinfo. With these retentions, the 2008 champions would still hold two Right-to-Match (RTM) card options for the auction. All four players had standout performances in the previous season. Rajasthan skipper Samson led with 531 runs across 16 matches, averaging 48.27 with a strike rate of 153.47, including three half-centuries and a top score of 82*.