UPS Financial News

Subscribe to enjoy similar stories. There has been plenty of drama at Walt Disney over the past decade. Since January 2016, the House of Mouse has released four Star Wars films, built a streaming platform, and overseen the departure and dramatic comeback of CEO Bob Iger.

Subscribe to enjoy similar stories. On the surface, India appears to have the ultimate Goldilocks economy: one of the highest GDP growth rates in the world with historically low inflation—exactly what any government would want. In theory, this should give the government tremendous flexibility and room in the upcoming budget.

Subscribe to enjoy similar stories. NEW DELHI : The Centre is set to notify a new regulatory framework by early March to establish the Directorate General of Maritime Administration (DGMA), creating a unified regulator for India’s maritime sector, two government officials aware of the development said. The new framework will expand oversight across shipbuilding and repair, coastal shipping, inland waterways, port operations, manpower planning and approvals for investments.

Subscribe to enjoy similar stories. On 27 January 2022, the government sold its beleaguered airline Air India to the Tata Group. Four years later, the airline is in better shape, on a path of consolidation, growth, and repair.

Subscribe to enjoy similar stories. Amazon.com is closing dozens of Amazon Fresh physical stores and automated Amazon Go outlets to focus on expanding its same-day grocery deliveries to more locations and adding to its Whole Foods Market operations. The e-commerce retailer admitted in a blog post on Tuesday that although it has seen “encouraging signals" in its Amazon-branded physical grocery stores and “gathered valuable insights" about customer preferences, “we haven’t yet created a truly distinctive customer experience with the right economic model needed for large-scale expansion." Amazon will convert some of the locations to Whole Foods stores, as part of plans to open 100 or more Whole Foods Market locations in the next few years.

Subscribe to enjoy similar stories. Amid a global upheaval, the conclusion of India’s free trade agreement (FTA) with the EU spells relief. Once it’s in force, this “mother of all deals" will mutually ease market access across a wide range of goods and service categories, with high tariff barriers left in place only for sensitive stuff on either side.

Subscribe to enjoy similar stories. Saudi Arabia on Tuesday ruled out the use of its airspace and territory for a potential U.S. attack on Iran, complicating the Trump administration’s options in response to Tehran’s violent crackdown against Iranian protesters.

Subscribe to enjoy similar stories. European capitals closed ranks to push back against President Trump’s bid to control Greenland, but the Continent’s dependence on the U.S. for security, exports and technology means decoupling from its ally isn’t an option.

Subscribe to enjoy similar stories. BAD NEWS is good news for the price of gold. These days good news is good news, too.

Subscribe to enjoy similar stories. The Union Budget, to be unveiled on 1 February, comes in the wake of a strong performance by the Indian economy in 2025, despite geopolitical tensions and the US tariff onslaught. India’s GDP growth was aided by sizeable monetary easing in the form of policy rate cuts and liquidity support, aiding the flow of credit and supporting consumption.

Subscribe to enjoy similar stories. MUMBAI : The free trade agreement (FTA) between India and the European Union (EU) promises preferential treatment for Indian industries under the bloc’s carbon tax mechanism, potentially opening up export opportunities for domestic steelmakers, which remain largely focused on the local market.

Subscribe to enjoy similar stories. India’s landmark free trade deal with the European Union, finalised on Tuesday, includes significant tariff cuts on exports of pharmaceutical products as well as optical, medical and surgical equipment from Europe to India. Tariffs on pharmaceutical exports from Europe to India will drop to zero from 11% for almost all products.

Subscribe to enjoy similar stories. BENGALURU: From specialty dairy and cocoa derivatives to gourmet cheese, olive oil and condiments, India’s free trade agreement with the European Union announced on Tuesday is expected to make high-quality ingredients more accessible to domestic manufacturers that have historically faced high import costs, industry executives told Mint. “Specialized ingredients like olive oil, condiments like balsamic vinegar and mustard, dried fruits and tomatoes are certainly going to become cheaper.

Subscribe to enjoy similar stories. Panna, Madhya Pradesh: This place is a magnet for troubled souls," said Ram Kumar Gupta. “You wouldn’t be here if life was smooth." Gupta spoke on the condition that no photos or videos would be shot.

Subscribe to enjoy similar stories. MUMBAI : The European Union’s (EU) decision to scrap import duties on Indian gems and jewellery could partly offset the impact of steep US tariffs, according to experts. The EU currently levies import duties of 2.5-4% on finished jewellery—studded, plain, and imitation—from India, which will be eliminated under the India-EU free trade agreement (FTA) announced on Tuesday.

Subscribe to enjoy similar stories. Chennai: India’s free trade agreement (FTA) with the European Union, announced on Tuesday, will allow European carmakers such as BMW, Mercedes-Benz India and Volkswagen Group to use imports more strategically to introduce newer models and test demand in India, without committing to local manufacturing. The deal, however, is unlikely to trigger immediate price cuts for most vehicles already sold in the country.

Subscribe to enjoy similar stories. Axis Bank’s investors heaved a sigh of relief after the lender delivered a strong profit beat for the December quarter (Q3FY26), following several quarters weighed down by one-offs and disappointments. Net profit rose 3% year-on-year to ₹6,490 crore, sharply surpassing estimates that had anticipated a decline.

Subscribe to enjoy similar stories. A SPOT AT Little Friends, an independent child-care centre in Greenwich, Connecticut, is highly sought-after. Parent testimonials are glowing.

Subscribe to enjoy similar stories. NEW DELHI: The Niti Aayog has called for a new mechanism to decarbonise India’s vast micro, small and medium enterprises (MSME) sector to help exporters meet green product requirements as Western economies roll out carbon-linked trade barriers.

Subscribe to enjoy similar stories. U.S. trading partners, feeling burned by an unpredictable and transactional White House, are reassessing China in a drive to lessen their longstanding reliance on America.

Subscribe to enjoy similar stories. More than three decades ago, the legendary Warren Buffett returned a call to a fact-checker, explaining what he meant when he used the term “elephant-bumping affairs." Buffett was gently deriding talkathons such as the World Economic Forum (WEF) and CEO summits hosted by business magazines. I was then working for Fortune magazine in New York and was the fact-checker Buffett called.