UPS Financial News

The U.S. Federal Reserve’s 50-basis-point interest rate cut on Wednesday is set to have ripple effects north of the border, with experts pointing to implications for both the Bank of Canada and Canadian mortgage holders.

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Tamenglong district in multitudes next month, the district authority has rolled up sleeves to protect the raptors during their roosting stint with putting a slew of curbs, including a temporary ban on using air guns. District Magistrate (DM) of the Zeliangrong-Naga dominated district, L Angshim Dangshawa, in his order issued yesterday, asked the people to deposit the weapons to their respective village authorities’ offices. Dangshawa also banned hunting, catching, killing and selling of the falcons, whose size is a little bit smaller than pigeon, with immediate effect.

Union cabinet's approval for 'one nation, one poll' has set the ball rolling for what is, indeed, an ambitious venture. If the proposal is passed by Parliament, India will join an exclusive club. Only three countries — Belgium, Sweden and South Africa — have ONOP.

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Infosys on Thursday said it will invest up to Rs 17 crore in space tech startup GalaxEye Space Solutions as part of Infosys Innovation Fund. The investment will be made in equity and series A compulsory convertible preference shares allotment, a regulatory filing said. «Infosys Ltd has agreed to invest in SpaceTech startup, GalaxEye up to INR 17 Crores (approximately USD 2 million) as part of Infosys Innovation Fund,» it said. The all-cash deal is expected to be completed on or before September 30, 2024.

Subscribe to enjoy similar stories. The Federal Reserve famously guided the economy to a soft landing in 1995, paving the way for the economic boom that followed. Can it do so again? With Wednesday’s sizable rate cut, it is off to a good start.

Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...

ease of doing business, imports, GST rates and misconceptions about processed food items. During the meeting, food companies demanded reduction in GST rates of many food items. A high-level CEO roundtable, under the co-chairpersonship of Commerce & Industry Minister Piyush Goyal and Food Processing Industries Minister Chirag Paswan, was organized as part of World Food India 2024 event being held during September 19-22 in the national capital. It laid «focus on promoting investment and enhancing Ease of Doing Business and was attended by over 100 CXOs,» an official statement said.

Oberoi Group will no longer manage The Oberoi Beach Resort, Al Zorah, after the contract between the owner investors and the group was terminated, according to sources familiar with the matter. Employees have been formally notified, marking the Oberoi Group’s exit from the UAE market. This move follows a similar transition two years ago when The Oberoi Dubai was rebranded as Anantara Downtown Dubai, with the hotel's management transferred to Minor Hotels.

Securities and Exchange Board of India (Sebi) has barred Axis Capital Limited (ACL) from taking up debt merchant banking activities. The restriction comes as an interim measure after the regulator found that Axis Capital had provided a guarantee/indemnity towards redemption of NCDs in the guise of underwriting, which it is not permitted to do under the existing regulatory framework.

Mark Zuckerberg, the co-founder of Meta, shared a lighthearted yet insightful conversation with his daughter, August. The interaction arose after a family outing to a Taylor Swift concert, where the seven-year-old expressed her dream of becoming like the pop sensation.

Donald Trump Jr. and Kimberly Guilfoyle have split. He was recently seen with someone new. Donald Trump Jr. is unlikely to marry Kimberly Guilfoyle anytime soon. The Daily Mail claims that he appears to have moved on and found someone new. The outlet was informed by eyewitnesses that on August 17, the former president's eldest child was seen cuddling up to socialite Bettina Anderson. They were seen in photos appearing to be on a date at the Honor Bar in Palm Beach's Royal Poinciana Plaza shopping center. According to a source, she appeared to be completely enamored with Don and he with her. One could tell they were intimate with each other, even though they weren't exactly making out. On September 10, those who follow the Republican power couple might have already noticed something was up. During Trump's major Philadelphia debate with Vice President Kamala Harris, Guilfoyle was noticeably missing. The 55-year-old political activist and former Fox News host is typically in the front row at these events.

European Union said Thursday it will outline steps to compel Apple to open up its iPhone and iPad operating systems to competing technologies under the bloc's tough new digital rulebook, which threatens hefty fines for breaches. The EU's executive branch, the European Commission, said it has opened two «specification proceedings» that will spell out what Apple needs to do under the 27-nation bloc's Digital Markets Act. The DMA is designed to prevent Big Tech «gatekeepers» from dominating digital markets, including by breaking up closed tech ecosystems. It requires tech companies to make their systems operate with rivals, allowing consumers to switch more easily between platforms.

Rob Kennedy tried something different after a 40-year career in Ontario’s auto sector: he headed back to the classroom.

The Bank of Canada is carefully weighing both upside and downside risks to the economy as it attempts to calibrate the pace of interest rate cuts, according to a summary of its deliberations released on Wednesday.

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Subscribe to enjoy similar stories. Goa: In August 2020, at the height of the pandemic, Sapna Dickson drove down to Goa with her two cats and three friends. The work-from-anywhere era had begun, and Dickson, an advertising professional, grabbed the first chance to get out of Mumbai, a city she had lived in for two decades.

Subscribe to enjoy similar stories. BEIRUT—At 3:25 p.m. Tuesday, two members of Iran-backed militant group Hezbollah were eating lunch at a shopping mall in the Lebanese capital when the pager one of the men was carrying exploded, leaving him severely injured and bleeding from the arms and eyes.

Subscribe to enjoy similar stories. Taiwan’s central bank held interest rates steady with a watchful eye on inflation, declining to join the U.S. Federal Reserve and a growing number of its Asian counterparts in starting to ease monetary policy.

Homebuilder stocks are having a banner year, outpacing the broader market on a wave of optimism that mortgage rates will fall and juice home sales