UPS Financial News
04.10 / 00:49
markets
UPS
Aware
2020
reports
rights
Why MUFG is the favourite to win Yes Bank's hand
Subscribe to enjoy similar stories. Japan's Mitsubishi UFJ Financial Group (MUFG) has emerged as the favourite to acquire a majority stake in Yes Bank as it is agreeable to the regulatory cap on voting rights in private banks, three people aware of the matter said. Meanwhile, other potential bidders Sumitomo Mitsui Banking Corp.
04.10 / 00:49
markets
UPS
Booking
Enterprise
reports
Interviews
Tough times ahead for NBFCs: Piramal's Sridharan
Subscribe to enjoy similar stories. Mumbai: Piramal Capital & Housing Finance Ltd (PCHFL) is expecting challenging times for non-banking finance companies (NBFCs) as bad loans build up in small ticket and microfinance loans, said Jairam Sridharan, managing director. In an interview with Mint, Sridharan said that the NBFC remains cautious about asset quality deterioration.
04.10 / 00:49
markets
UPS
CEO
security
track
MFI stress to weigh on small finance banks’ loan growth, asset quality
Subscribe to enjoy similar stories. Mumbai: Possible stress in the microfinance sector could weigh on small finance banks’ loan growth and asset quality in the short term as lenders adjust to the new market conditions over the next three-four months, according to Utkarsh Small Finance Bank MD and CEO Govind Singh. “In the short term, both the things do happen.
03.10 / 23:45
markets
UPS
Election
President
reports
Colleges
US polls: What is a Contingent Election? Will it be so close between Trump and Harris that there will be one?
US polls 2024 is just at its last leg now, and Kamala Harris and Donald Trump's respective campaigns are giving it their best to get an edge over each other in the final weeks leading up to the polls. However, there is still a lot of work left to be done. Meanwhile, there are reports suggesting that there is a chance of a Contingent Election, in case there is no clear winner of the Presidential polls.
03.10 / 22:45
markets
UPS
economy
BURST
Schools
rights
Biggest market bubble in history is about to burst: Mark Spitznagel predicts a looming recession where even Fed will not be able to save the economy
US economy is on the verge of entering a very dark phase, and according to economist Mark Spitznagel, things could easily be on the wrong side of American history, if the situation of the US economy is not catered to, within time. This could be an indeed trying time for the US economy if things are not addressed around the US recession, which could be coming in anytime now, that too, right within the US election season.
03.10 / 22:45
markets
UPS
economy
Election
Experts
Is the port strike getting out of hand like it happened during Covid-19? Here's how it could cripple the US economy
port strike and its impact could end up being prolonged, as far as the US economy is concerned, feel experts. Covid-19 pandemic was actually the last time there was an impact on the US markets in such a major way, and now things have a chance of going worse, if things are not resolved within due time.
03.10 / 22:45
markets
UPS
President
students
Department
Schools
FEMA faces a funding shortage for Hurricane Helene
FEMA) does not have the funds to see Americans through the remainder of this Atlantic hurricane season. While seeing the damage caused by Hurricane Helene in South and North Carolina, Mayorkas stated during a press conference aboard Air Force One that they are meeting the immediate needs with their money. They anticipate another hurricane making landfall; unfortunately, they lack the necessary funds. The money FEMA needs to survive the season and what's coming up next needs to be improved.
03.10 / 21:33
03.10 / 21:33
UPS
NOC
country
Libya to resume oil production at two of its major fields
Libya's National Oil Corporation has announced that crude oil production will resume at two of its major fields, where operations stopped in August amid tensions between the country's dueling authorities
03.10 / 21:33
UPS
BLOCK
President
students
Department
Courts
rights
Biden's student loan cancellation free to move forward as court order expires
President Joe Biden’s latest attempt at student loan cancellation is free to move ahead, at least temporarily, after a judge in Georgia sent a legal challenge to Missouri
03.10 / 21:33
UPS
DOW
President
track
How major US stock indexes fared Thursday, 10/03/2024
Crude prices jumped on worries about worsening tensions in the Middle East, while U.S. stocks pulled back further from their records
03.10 / 20:17
markets
UPS
Citi
economy
wellness
show
concert
Can T-Swift stop a T-cession? What’s next for Toronto’s flagging economy
Warning lights are flashing in Canada’s “economic engine,” and experts say even a stop from pop music’s biggest superstar Taylor Swift next month might not be enough to keep Toronto’s flagging economy out of a “T-cession.”
03.10 / 19:45
UPS
Waters
Stealth
track
country
Features
Oura Ring 4, smart wearable with health tracking features launched: Price, features and more
Oura Ring 4 is priced starting at $349 (approximately £290) and comes in sizes ranging from 4 to 15. The smart ring can be purchased in a choice of Black, Brushed Silver, Gold, Rose Gold, Silver, and Stealth finishes.
03.10 / 19:29
03.10 / 18:53
markets
UPS
Action
Remark
Schools
Courts
SC slams Punjab, Haryana for not penalising farmers burning stubble
Supreme Court on Thursday hauled up the Punjab and Haryana governments for not proceeding against farmers indulging in stubble burning, a major cause for pollution and declining air standards in the Delhi-NCR region. A bench, comprising Justices Abhay S Oka and Augustine George Masih, also reprimanded the Commission for Air Quality Management (CAQM) for not launching a single prosecution against incidents of stubble burning in Delhi-NCR and adjoining areas. The top court observed that Punjab and Haryana have only exacted nominal compensation from farmers found burning stubble.
03.10 / 18:53
markets
UPS
economy
Fastenal
performer
Escalating tensions, fasten your seatbelts
Joe Biden said the US would not support disproportionate Israeli retaliation against Iran's missile attacks. Separately, US Federal Reserve chair Jerome Powell indicated subsequent interest rate cuts would not be as steep as the half-a-percentage-point initial drop. The US is not only keeping capital markets reasonably calm through its geopolitical stand and monetary policy, but it has also capped a spike in oil prices by adding impressive inventory.
03.10 / 18:25
03.10 / 18:21
markets
UPS
Digital
ETF
security
Bitcoin
reports
Taiwan Regulator Drafts New AML Regulations for Crypto Firms
Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...
03.10 / 18:21
03.10 / 17:52
markets
COST
UPS
Fighting
Average rate on a 30-year mortgage in the U.S. ticks up to 6.12%, first increase in 7 weeks
The average rate on a 30-year mortgage in the U.S. rose to 6.12% this week, the first increase in seven weeks
03.10 / 17:52
UPS
Software
Tesla
Highways
Nov
Traffic
A 5th recall for Tesla Cybertruck within a year, the latest due to rearview display
Tesla is recalling more than 27,000 Cybertrucks because the rearview camera image may not activate immediately after shifting into reverse, the fifth recall for the vehicle since it went on sale late last year
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