UPS Financial News
21.09 / 17:51
markets
UPS
Art
security
reports
Features
That painting’s a steal: How the Indian art fraternity is preserving their vintage collections
art thief. For one, art thieves in movies are portrayed as being suave and sophisticated as opposed to your sneaky and slithery garden-variety thief. These are people who, one is made to believe, enjoy the finer things in life and, yes, can engage in a conversation with a liberal sprinkling of phrases like how a painting talks to the performative sensibility of the sublime and evokes the oblique objectives of precarious assemblages. Romanticisation of criminality—and gibberish—aside, art has aesthetic, emotional and monetary value, and where there is value there is greed. Little surprise then that India’s art community was shaken up when SH Raza’s 1992 painting Nature, valued at around `2.5 crore, reportedly went missing from Astaguru’s warehouse in Mumbai. The auction house has filed a police complaint, according to a report in the Times of India on September 11. The painting was put up by its owner Indra Veer for auctioning in 2020, and was last seen in March 2022. The case has put the spotlight on the safety of high-value art, even as the market for Indian art soars. According to the 2024 Hurun India Art List, sales by the top 50 artists reached a record-breaking `301 crore, a 19%increase from 2023.
21.09 / 17:51
markets
UPS
Digital
Action
film
reports
Mission: Impossible 8 - When will the Tom Cruise starrer release? Premiere date, cast & more
Mission: Impossible franchise are eagerly awaiting the release of the highly anticipated eighth installment, which follows the blockbuster success of Mission: Impossible – Dead Reckoning in July 2024. While the exact plot details remain shrouded in mystery, the release date and cast have been confirmed. Here's everything we know about Mission: Impossible 8, including its release date, cast, and more.
21.09 / 17:51
markets
UPS
Instagram
Experts
show
Podcasts
If a 20-something finfluencer makes you feel like a loser, chill, it's fine
Instagram reels, a wizened financial expert — a finfluencer — who looks part-sage, part-hotel general manager, shows up on a podcast with a Gen Z child, stating that if I'd bought Rs 1,000 of Wipro stock or something like that in 1975, I'd have hundreds of crores today. Given I didn't, with the feeble excuse that I wasn't even born, the podcast guest chides and relegates me — and people of my ilk — to the dustbin of poverty. Hoping the next reel will be more uplifting I scroll up, only to be told by another finfluencer that because I don't have a certain HDFC Bank credit card, I have lost many valuable opportunities. Seeking solace in my loved ones and achievements till 48 is futile. Because what, indeed, is the meaning of anything if I haven't availed of bonanza cashback rewards points. Or the free airport lounge Nimbooz bottle. In two minutes, Instagram has made me feel more inadequate financially than years of being a Bengali only-child could. And the fact that I am a loyal ICICI FD holder only makes matters worse, as the next reel tells me, 'FD investments are for dinosaurs.'
21.09 / 16:41
UPS
ETF
CEO
VanEck
Trade
Cycling
Why this top fund manager says the best investment this year is 'the hedge against political cycles'
A major exchange-traded fund and mutual fund manager finds the winning gold trade isn't talked about as much as the artificial intelligence trade — but maybe it should be.
21.09 / 14:27
COST
UPS
Action
wellness
President
rights
House backs measure to overturn Biden auto emissions rule that Republicans say would force EV sales
The Republican-controlled House approved a resolution Friday that would overturn a new Biden administration rule on automobile emissions that Republicans say would force Americans to buy unaffordable electric vehicles they don’t want
21.09 / 14:27
UPS
Citi
Fighting
President
Experts
country
blues
New York will be center of money-focused fight to slow climate change
The annual New York City Climate Week and United Nations General Assembly that's just about to start are emphasizing how to generate trillions of dollars that will be needed to help poorer countries move away from gas, oil and coal, fuels that release ...
21.09 / 13:59
markets
UPS
Election
President
reports
Jews would bear much of the responsibility if I lose the U.S presidential election, says Donald Trump
Former US President Donald Trump asserted in a recent speech that the Jewish people in America have a huge part to play in the US Presidential Elections. Forward reported that Donald Trump is going to blame the Jews if he ends up losing the US Presidential Elections. Following that speech, former US President Donald Trump elaborated about his claims which he is making in recent days that if Donald Trump is not going to end up victorious in the November elections then bad days are looming over Israel.
21.09 / 13:59
markets
UPS
Digital
President
Experts
RAI
Rajnath Singh leaves for Varanasi by road as his chopper could not be refuelled in J'Khand's Garhwa
Rajnath Singh on Saturday left for Uttar Pradesh by road from Jharkhand's Garhwa as his helicopter could not refuelled at Banshidhar Nagar where he addressed a rally, a top police officer said. «He left for UP by road from Garhwa as his chopper could not be refuelled,» Jharkhand DGP Anurag Gupta told PTI. Garhwa SP Deepak Pandey told PTI that since the vehicle carrying fuel for the helicopter failed to reach, Singh decided to proceed to Varanasi by road.
21.09 / 13:57
UPS
Fighting
Southern
Death
War
Death toll from Israeli strike on Hezbollah military leaders rises
Subscribe to enjoy similar stories. BEIRUT—Israel’s airstrike on a building in southern Beirut didn’t just kill a top Hezbollah commander—it took out an entire class of senior leaders of the militant group’s most elite fighting force, as the two foes lurch closer to all-out war. Hezbollah on Saturday raised the death toll among its fighters from Friday’s airstrike to 16, including top military commander Ibrahim Aqil and many of the senior commanders of the elite Radwan force.
21.09 / 13:57
UPS
Provident
Booking
Discover
Photos
beautiful
Features
Best wooden bookshelves: Discover 8 stylish options perfect for organising and enhancing your space
Reasons to buyReasons to avoidThe Wakefit Burns Bookshelf features a 4x4 design, providing ample storage space for your books, photo frames, and more. Made from high-quality wood, this bookshelf is built to last and adds a touch of elegance to any room.Reasons to buyReasons to avoidAlso read: Best bedside tables with storage in 2024: Top 6 options for practical and elegant bedroom arrangement3. BLUEWUD Alex Engineered Wood Bookshelf CabinetThe BLUEWUD Engineered Wood Bookshelf is a stylish and functional organizer with a wenge finish.
21.09 / 13:15
UPS
Target
economy
wellness
Celebrity
Cycling
reports
Despite good economic news, experts warn the pain’s not over yet
Inflation is back at the coveted two per cent annual rate.Wage hikes have outpaced inflation for 19 months in a row.The Bank of Canada is three rate cuts into an easing cycle, with no signs of stopping anytime soon.The recent run of positive economic news had the Liberal government — long challenged by an affordability crisis in Canada — celebrating in the House of Commons this week.Finance Minister Chrystia Freeland on Tuesday hailed the August inflation report as “good news for Canadians” and the “light at the end of the tunnel” after years of surging prices and pandemic-related disruptions in the economy.RBC assistant chief economist Nathan Janzen tells Global News that there’s indeed reason to celebrate as price stability shows signs of returning and the Bank of Canada unwinds from the most rapid tightening cycle in its history.But he also warns that focusing on inflation and rate cuts may ignore economic pain looming for Canadians around the corner.“Light at the end of the tunnel, silver lining, whatever the phrase you want to use is, it’s important to remember that what we’re seeing in terms of inflation and the interest rate cuts is a result of a softening Canadian economy,” Janzen says.“So it’s not all great news.”Quick refresher on how all of these dynamics play together: when inflation is trending away from the Bank of Canada’s two per cent target, the central bank will raise its policy rate in an effort to rein in rampant price growth.Higher interest rates raise the cost of borrowing for Canadians, businesses and governments.
21.09 / 12:11
COST
UPS
Food
reports
testing
rowing
Suresh Prabhu for setting up food testing labs at 'prasadam' distribution spots amid Tirupati laddu row
Suresh Prabhu on Saturday called for setting up food testing labs by FSSAI at all public places where 'prasadam' is distributed to ensure quality, amid the Tirupati laddu row. The cost of these testing labs can easily be borne by organisations who run such mass feeding programmes, he said. Andhra Pradesh Chief Minister N Chandrababu Naidu's claim that animal fat was used in Tirupati laddus during the previous government triggered a massive political row, with the YSRCP accusing Naidu of indulging in «heinous allegations» for political gains and the TDP circulating a lab report to back its claim. «To address issues arising out of #TirupatiPrasadam we must ensure at all public places where #Prasadam #food is distributed @fssaiindia set up food testing labs to ensure food distribution is in line with expectations of general public/ devotees,conforms to desired quality,» Prabhu said in a post on social media platform X.
21.09 / 12:11
markets
UPS
President
reports
Courts
Defamation case against Rahul Gandhi in UP court: Hearing postponed to October 1
defamation case against Leader of Opposition in the Lok Sabha Rahul Gandhi in a MP-MLA court in this Uttar Pradesh district was postponed on Saturday due to a health camp organised by the bar council. The matter will now be heard on October 1. Plaintiff Vijay Mishra's lawyer Santosh Kumar Pandey said his client's statement was to be recorded on Saturday, but due to the health camp organised by the Bar Association on the civil court premises, the lawyers were busy in it and no court work could be done. «The court has postponed the matter to October 1,» he said. Gandhi has been accused of making objectionable comments during the 2018 Karnataka polls about Union Home Minister Amit Shah, who was the BJP president then.
21.09 / 12:11
markets
UPS
Mobile
Analysis
Trade
Commentary
Private vs PSU Banks: What’s driving the market? Sudip Bandyopadhyay explains
Vodafone Idea. They now need to return to the drawing board to find ways to raise significant funds to handle these dues,” says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital. Edited excerpts: ET Now: Though there has been a furious run-up in the Nifty Bank Index, it is the PSU banking stocks that are not participating much. What is your sense of what is exciting for these private banks, and why are PSU banks still lagging? Do you believe that PSU banks will catch up next week?
21.09 / 11:37
UPS
Waters
Corning
DISH
performer
cover
mountaineering
The endless ways to use zaatar—even in ‘upma’
Subscribe to enjoy similar stories. In many Indian homes, children are given a spoon of curd and sugar before they leave home for the exams, symbolising good wishes and an auspicious start. I was fascinated to know that there’s a similar practice in Middle Eastern cultures, where children are given zaatar before exams, which is believed to boost brain power and cognitive performance.
21.09 / 11:37
UPS
Aviat
Waters
Fighting
Airlines
SpaceX
Elon Musk prepares for next act: Red-tape cutter in chief
Subscribe to enjoy similar stories. If Elon Musk becomes chief red-tape cutter in a second Trump administration, he is already giving a taste of what’s to come. His recent comments suggest the Federal Aviation Administration and Environmental Protection Agency would be where he directs scrutiny if he is put in charge of leading Donald Trump’s government efficiency commission, tasked with reducing government and regulations.
21.09 / 11:19
markets
UPS
Analysis
trends
Trade
show
Inside
Dalal Street Week Ahead: Nifty's winning streak continues, but resistance looms
Nifty consolidated sideways in four out of five sessions in the week that went by; it was the last trading session of the week that saw a strong trending move that took the index to a fresh lifetime closing high. The trading range remained wider on the expected lines; the index oscillated in the 563.70 points range through the week. Volatility inched higher; the India VIX rose 1.91% to 12.79 on a weekly note. Following a largely quiet but ultimately trending week, the
21.09 / 11:19
markets
UPS
IPO
Analysis
Trade
Experts
band
Indian IPO market boom continues with 10 new issues, 11 listings scheduled next week
IPOs set to be launched next week. These issues include two in the mainboard segment and 8 in the SME segment. The mainboard issues include that of Manba Finance and KRN Heat Exchanger, which will cumulatively raise around Rs 482 crore.
21.09 / 11:19
markets
UPS
Citizens
CEO
Parke
wellness
Retirement planning: How senior citizens can get Rs 1 lakh monthly pension; check calculation
senior citizen earn a regular pension of Rs 1 lakh every month after retirement? A common question that is often asked by those who are about to retire. While investing your hard-earned money, you need to plan well and consider multiple factors — inflation, your risk appetite, how much return it will deliver, how much tax you have to pay, how liquid your investment is, etc. Keeping all these factors in mind, ET Wealth Online tries to derive a retirement plan for senior citizens that can fetch a Rs 1 lakh monthly pension.
21.09 / 08:35
UPS
Manufacturing
Research
President
War
Department
Taiwan looks for ways to defend itself as US weapons supply hit by Gaza, Ukraine
Subscribe to enjoy similar stories. PINGTUNG, Taiwan—Taiwan’s military recently set up live-fire exercises on this stretch of coastline facing China to show off half a dozen brand-new Humvee armored vehicles mounted with antitank missile launchers—part of its recent delivery of weapons from the U.S. But the missiles designed for use with the launchers didn’t arrive with the shipment.
21.09 / 07:59
UPS
Provident
Software
awards
Research
gatherings
Colleges
A short history of AI
Subscribe to enjoy similar stories. Over the summer of 1956 a small but illustrious group gathered at Dartmouth College in New Hampshire; it included Claude Shannon, the begetter of information theory, and Herb Simon, the only person ever to win both the Nobel Memorial Prize in Economic Sciences awarded by the Royal Swedish Academy of Sciences and the Turing Award awarded by the Association for Computing Machinery.
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