UPS Financial News

28.10 / 02:21
UPS Digital Manufacturing NVIDIA country rights Mission Possible: Ingredients are here for India to manufacture AI, lead AI revolution, says Nvidia's Jensen Huang
Artificial Intelligence is making computers an instrument for everyone and not just for the privileged few, believes Jensen Huang, the iconic founder and chief executive of chip maker Nvidia. He allayed the fears that AI could consume jobs or replace humans and said that the technology will make everything more efficient and productive, saving key resources and elevating human capabilities. In a free-wheeling conversation with Sruthijith KK at the ET Conversations event in Mumbai on Friday, Huang, 61, who steered the company out of turbulent early years and turned it into a $3.43 trillion behemoth that it is today, said that he still wakes up fearing that Nvidia could even now go out of business. No one in technology should get too comfortable or complacent, said the top boss helming the world’s second most valued company. His message to India’s IT services industry was unequivocal: Move from the back office to the front office and lead the AI revolution. Edited excerpts: I want to start with a core technical question. How is your leather jacket holding up in the Mumbai heat? (Laughs) It’s fine. Thank you! I enjoy the heat.
28.10 / 02:11
UPS security Southern Trade War show country The Middle East drug fueling war, crime and all-night parties
Subscribe to enjoy similar stories. Another urgent conflict in the Middle East is playing out on the border between Syria and Jordan: a war against captagon, an amphetamine-like drug that’s taken off across the region. The drug cuts across social class and borders.
28.10 / 01:57
markets UPS President Experts PAM social "Bienvenido a India": Spanish President Pedro Sanchez arrives in Vadorara, to meet PM Modi today
Pedro Sanchez arrived in Vadodara, Gujarat in the early hours of Monday for his three-day visit to India, during which he will be holding delegation-level talks with Prime Minister Narendra Modi. Upon his arrival, the Ministry of External Affairs took to social media platform X greeting the Spanish leader, «Bienvenido a India!» «President of the Government of Spain Pedro Sanchez touches down in Vadodara, marking the first visit by a Spanish President to India in 18 years. An official visit to elevate India-Spain relations to new heights,» the MEA added.
28.10 / 01:57
markets UPS economy Sustainability Experts PAM RBI's rosy growth forecast baffles economists
Reserve Bank of India’s upbeat growth estimates for the world’s fastest-growing major economy is causing both confusion and concern among economists. The central bank has stuck to its forecast that India’s economy will expand 7.2% in the year ending March 2025 despite recent evidence showing activity is starting to taper off. The RBI’s outlook is far more optimistic than the 6.5%-7% growth projected by Prime Minister Narendra Modi’s government. Investment banks like Goldman Sachs Corp. have already downgraded growth projections to as low as 6.5%. The RBI’s bullishness is underpinned by its view that rural spending is improving and private investment is picking up. Economists, though, point to sluggish urban consumption and weakening exports as a worry. If those warning signals aren’t heeded in time, the RBI runs the risk of keeping monetary policy too tight, undermining growth further, they say.
28.10 / 01:57
markets UPS DELL Trade show Pharmaceuticals How a Mumbai drugmaker is helping Putin get Nvidia AI chips
Shreya Life Sciences from the many other commercial businesses that keep the Andheri neighborhood of India’s largest metropolis humming throughout the day. But this inconspicuous pharmaceutical company is part of a lucrative trade in leading-edge technology to Russia that has the US and its European allies worried at India’s burgeoning role as an intermediary in the sales. A Bloomberg News analysis of data compiled by trade-tracking firms ImportGenius and NBD shows that Shreya exported 1,111 units of Dell Technologies Inc.’s most-advanced servers to Russia in April-August of this year.
28.10 / 01:11
markets UPS Election Trade Experts show Stock market likely to continue its downtrend till US elections get over
Subscribe to enjoy similar stories. Equity markets could continue their downtrend, interspersed with a bounce, until after the US presidential elections on 5 November, market experts said.
28.10 / 01:11
markets UPS Target FIVE show performer Relationships 3 companies that could pay big dividends
Subscribe to enjoy similar stories. Remember the story of the man who killed the golden goose? In his greed to get more, he kills his steady source of gold. Some investors tend to make a similar mistake when they invest all their money in growth stocks, chasing only big gains.
28.10 / 01:11
markets UPS FIVE Manufacturing Remark Trade This Tata company is riding the biggest megatrend today. Will investors gain?
Subscribe to enjoy similar stories. Over the past decade, if there’s one word that has become synonymous with business, it’s “renewables". Every major corporation, big or small, is rushing to claim its share of the green energy pie.
28.10 / 01:11
markets UPS FIVE Manufacturing economy country Department Govt panel may approve ₹4,000 cr new PLI scheme for specialty steel next month
Subscribe to enjoy similar stories. A top government panel is likely to approve a ₹4,000-crore production linked incentive (PLI) scheme next month to boost the domestic production of specialty steel and curb imports, two persons in the know of the development said.
28.10 / 01:11
markets UPS Citi exclusive reports International The mega-merger brewing in India’s insurance marketplace
Subscribe to enjoy similar stories. InsuranceDekho, backed by TVS Capital Funds and Investcorp, is in advanced talks to merge with smaller peer RenewBuy in a cash-and-stock deal, according to two people familiar with the matter, in a transaction that will create India’s second-largest insurance aggregator. The deal will create India’s largest insurance marketplace by value after PolicyBazaar, which went public in 2021, the people cited above said, asking to remain anonymous.
28.10 / 01:11
UPS Instagram show 2020 reports Videos Why more women are picking up power tools
Subscribe to enjoy similar stories. “It’s very creepy down here," says Hannah Lee Duggan as she leads the way into her basement. It looks like the staging area for a “Saw" trap.
27.10 / 19:27
markets UPS Cooper Strategy students PAM Schools Amid tensions with Canada, Dharmendra Pradhan emphasises India-Australia education cooperation
Dharmendra Pradhan just wrapped up an Australia tour which saw him discuss collaboration across the entire education sector, from possible twinning of schools to setting up Australian varsity campuses in India and joint efforts at addressing skilling gaps. Pradhan, while on an official tour to Australia last week, termed cooperation in education as the «fulcrum of India-Australia relationship». The discussions for greater educational collaboration with Australia comes even as there is a clear cooling off with Canada amid recent controversies.
27.10 / 16:51
markets UPS Digital Man Death 'Jungle raj': Priyanka Gandhi slams BJP after man detained in Lucknow allegedly died in police custody
Priyanka Gandhi Vadra criticised the Bharatiya Janata Party (BJP)-led Uttar Pradesh government on Sunday, following the alleged custodial death of a man detained in Lucknow. She claimed the ruling party has established such a «jungle raj» in the state that police have become synonymous with cruelty. In a post on X, Priyanka Gandhi stated that the family of the deceased has accused the police of murdering their son.
27.10 / 16:11
UPS Waters Apple DELL exclusive Get ready for winter with Amazon Diwali Sale: Up to 80% off on room heaters, water heaters and more, only 3 days left!
Amazon Diwali Sale Dhamaka Offers: More than 50% off on water heaters from Havells, Haier and moreGet ready for the winter chill with unbeatable savings of up to 59% on heaters during the Amazon Sale! Whether you need a powerful room heater or an efficient water heater, this is the perfect opportunity to ensure your home stays warm and comfortable.Also read: Amazon Diwali Sale 2024 is LIVE: Get top deals on the best musical instruments and save up to 65%Stay warm this winter with incredible savings of up to 62% on water heaters during the Amazon Sale! Enjoy hot showers and comfort in your home with our range of efficient water heaters, designed to meet your needs.Breathe easy this winter with fantastic discounts of up to 64% on air purifiers during the Amazon Sale! Enhance your indoor air quality and create a healthier living environment for you and your family. This is the perfect time to invest in a reliable air purifier.Also read: Amazon Diwali Sale Dhamaka offers: Up to 80% off on soundbars and speakers from JBL, Marshall, Bose and moreMake your mornings easier with amazing savings of up to 65% on electric kettles during the Amazon Sale! Enjoy the convenience of quick boiling for your favourite teas, coffees, and instant meals.
27.10 / 16:11
UPS Provident Entertainment Apple blues Features Amazon Diwali Sale: Top deals on monitors, printers and tablets, up to 71% off on gadgets from best-loved brands
Also read: Amazon Diwali Sale 2024 is LIVE: This festive season, bring home the best office furniture and save up to 80%The Canon PIXMA MegaTank G3000 is an all-in-one WiFi ink tank printer known for high-volume, cost-effective printing. Equipped with two extra black ink bottles, it ensures extended usage and lower refill costs.
27.10 / 16:01
markets UPS Citi Mosaic concert Schools Modi, Sanchez to meet in Durbar Hall of iconic Lukshmi Vilas Palace in Vadodara
Narendra Modi is set to meet Spanish PM Pedro Sanchez on Monday in the Durbar Hall of the iconic Lukshmi Vilas Palace in Vadodara that has played host to many royal concerts and cultural events. The two leaders will also have lunch at the iconic palace that was built in the late 19th century by Maharaja Sayajirao Gaekwad III, the then ruler of the erstwhile state of Baroda, people familiar with the matter said on Sunday. «We are all geared up for tomorrow when the Lukshmi Vilas Palace will host the two leaders. The meeting will take place in the Durbar Hall and the luncheon will happen in the banquet hall on the premises of the palace,» a palace source told PTI. The menu will have cuisines reflective of both Gujarati and Spanish culinary heritage, the source said.
27.10 / 16:01
markets UPS Strategy War PAM Gold helps hold up forex reserves
It is up 4 percent over the March-end levels in volume. The outstanding stock of RBI's gold is 853.6 metric tonnes as of end September 2024. Incremental value of gold in reserves on account of new purchases and valuation of existing stock is about $12.7 billion or almost one third of the $39 billion added to reserves this fiscal.
27.10 / 16:01
markets UPS wellness stage stars cricket Sporting 'Just want to enjoy': MS Dhoni all but confirms his participation in IPL 2025
Chennai Super Kings (CSK) star MS Dhoni has nearly confirmed his participation in the 2025 Indian Premier League (IPL), stating that he simply wants to enjoy whatever cricket he can play in his remaining years. After CSK's unexpected exit in the group stage of IPL 2024, Dhoni had been reserved about his plans for the next edition of the league. The deadline for all ten franchises to submit their list of retained players is set for October 31, ahead of the mega auction.
27.10 / 14:29
UPS FIVE Waters Extreme Coronavirus pandemic information On Navajo Nation, a push to electrify more homes on the vast reservation
Before the coronavirus pandemic, Lorraine Black and Ricky Gillis started filing paperwork to get their rural home in Navajo Nation connected to the electric grid
27.10 / 14:25
markets UPS Provident Digital security Experts travelers Holiday travel to UP, Bihar made easy: Railways to run 7,000 special trains for Diwali, Chhath Puja; Details here
Diwali and Chhath Puja festivities, Indian Railways has announced the deployment of over 7,000 special trains, including clone trains, to accommodate the expected surge in passengers. Dilip Kumar, Executive Director of Information & Publicity at the Railway Board, highlighted several measures being introduced by the Railway Ministry to handle the increased demand.
27.10 / 13:55
markets COST UPS Provident economy Hess country How to build a global business empire in the 21st century
Subscribe to enjoy similar stories. No firm is an island. All strike contracts and compete with others.

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