UPS Financial News

Lamenting on how the “river of ideas that nourished politics has dried up" in independent India, Yogendra Yadav draws attention to “the atrophy of the political imagination...that afflicts the entire political class, cutting across ideological and political boundaries." In his recent column in the Indian Express, the analyst-cum-activist asks, “Where are our political thinkers?" Well, quite a number of our most talented and ambitious young people are responding to economic incentives and pursuing careers in industry, technology and business. Our education system smothers thinking of any kind and our political discourse has long been hostile to free thinking. It comes as no surprise to me that a free, independent India produces fewer political thinkers than Olympic medallists.

A workers union and Canada's two major freight railroads wrapped up a nine-hour arbitration hearing with the Canada Industrial Relations Board

HBO has announced the premiere date for the third and final season of its dramedy series «Somebody Somewhere.» The show will return on October 27, airing on HBO and Max.

Assam Chief Minister Himanta Biswa Sarma in the state assembly stated the state cannot afford a bomb explosion on January 26 (Republic Day) and this will result in flight of investment from Assam. He said that the anti-talk faction of the ULFA can plant bombs outside the chief minister’s residence and put bombs in parks outside the minister's colony. On August 15, anti-talk ULFA militants planted several bombs but they did not explode. Anti-talk ULFA, which is also known as ULFA(Independent), is led by Paresh Baruah. Sarma said, “I appeal to Paresh Baruah that Assam has around 19 lakh unemployed youths, the state assembly is responsible to provide employment to these youths.”

central government's Unified Pension Scheme (UPS), becoming the first state to do so and just within 24 hours of Modi government's announcement. The move by the Maharashtra government comes hours after employee unions demanded states to implement the newly approved scheme by the Modi government, which will take effect from April 1, 2025. The poll-bound state has over 13.5 lakh employees, as per a TOI report.

Although the wait time for US visitor visa appointments in India has decreased from a peak of 999 days at the end of 2021, it still exceeds a year. The US Department of State website Friday showed wait times for B1/B2 visa interview at 459 days in Chennai; 450 in Mumbai; 407 in Hyderabad; 381 in Kolkata and 379 in Delhi.

The federal government is moving to restrict the number of low-wage temporary foreign workers in Canada, with the exception of some sectors.

Several countries, including the US, offer «investor visa» programme that provide a pathway to residency in exchange for significant financial investments. The US investor visa programme, known as the EB-5, allows individuals to obtain a green card, granting them the right to live indefinitely in the US.

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French President Emmanuel Macron says the arrest in France of the CEO of the popular messaging app Telegram, Pavel Durov, wasn’t a political move but part of an independent investigation

It’s not every day that you come across a monkey-themed meme coin. Moreover, it’s even more difficult to find a meme coin with utility and vision.

The Dow Jones Industrial Average closed at a record high on Wall Street, even as losses for Big Tech companies pulled the S&P 500 and the Nasdaq composite lower

rate cuts are most likely to start from its September meeting. «Indian markets are expected to follow gains seen in the US stock market, as the likelihood of a „soft landing“ for the global economy increases amid signs of economic softening. A potential rate cut by the Fed would likely boost market sentiment and drive up stock prices,» said Pravesh Gour, Senior Technical Analyst at Swastika Investmart.

Nvidia has emerged as the leading chip manufacturer with its products powering artificial intelligence products. Jensen Huang, co-founder and CEO of Nvidia, has guided the business during a phase in which its stock price has increased by over 3,700%. Nvidia, a Santa Clara, California-based semiconductor company that powers artificial intelligence technology, boasts a relatively low worker attrition rate. Workers at Nvidia work seven days a week until two in the morning, but few quit due to the AI chip giant's enormous salary. Workers at AI chipmaker Nvidia are expected to work seven days a week, often until two in the morning. However, a report claims that because of the company's generous and lucrative benefits package, employees are reluctant to leave. According to Bloomberg News, ten individuals who have either worked for the company or are currently employed there characterized the atmosphere as a pressure cooker where meetings frequently turn into shouting matches. Also Read: Has Prince Harry offered the Royals an olive branch following Kate and Charles cancer battle; here's all you need to know

XRP has dipped by 1.5% in the past 24 hours, slipping to $0.5886 as the crypto market loses 3% today.

Shares of Divi's Laboratories Ltd.(up 1.45 per cent), Cipla Ltd.(up 1.24 per cent), Alkem Laboratories Ltd.(up 1.13 per cent), Lupin Ltd.(up 1.09 per cent) and J B Chemicals & Pharmaceuticals Ltd.(up 0.89 per cent) ended the day as top gainers in the pack.

U.S. stocks rallied closer to their records after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy

Assam government on Tuesday tabled Assam compulsory Registration of Muslim marriages and Divorces bill 2024 to provide for compulsory registration of Muslim marriages and divorces in Assam and to protect the rights of married Muslim women and men. The Assam government on Thursday last introduced a bill to repeal a law to register marriages and divorces of Muslims reasoning that it had scope to allow marriages of minors from the community. Revenue and Disaster Management Minister Jogen Mohan tabled The Assam Repealing Bill, 2024 in the Assembly to abolish The Assam Moslem Marriages and Divorces Registration Act, 1935 and the Assam Repealing Ordinance 2024. The object of the proposal stated the object of the Bill is to provide for compulsory registration of marriages and divorces between parties who are Muslims, within the territory of Assam. It would help in Prevention of child marriages and to ensure the minimum age of marriage for male is at 21 (twenty-one) years and for females is at 18(eighteen) years. Prevention of marriages without the consent of the parties. Check polygamy. Enabling married women to claim their rights to live in the matrimonial house, maintenance etc.

Havells India Ltd. traded 0.73 per cent up in Monday's trade at 11:41AM (IST). Around 6,298 shares changed hands on the counter. The counter opened at Rs 1894.95 and touched an intraday high and low of Rs 1910.2 and Rs 1878.8, respectively, in the session so far. Shares of the company of Havells India Ltd. quoted a 52-week high of Rs 1986.55 and a 52-week low of Rs 1233.1.

https://www.livemint.com/companies/news/adani-family-looks-to-raise-3-6-bn-via-sales-of-promoter-stakes-as-shares-of-group-firms-skyrocket-11724340339603.html The group’s financial health is evident from the improving liquidity position: the cash balance relative to gross debt increased to 24.8% in 2023-24 from 10.6% in 2018-19, indicating a comfortable cash cushion to meet debt obligations. The net debt-to-operating profit ratio eased from 3.81 times to 2.19 times, reflecting enhanced capacity to manage debt with operating income.