UPS Financial News
15.08 / 16:11
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Ukraine opens military office in occupied Kursk region, says it is still advancing
Ukraine's top commander said on Thursday Kyiv had set up a military commandant's office in the occupied part of Russia's Kursk region where he said his forces were still advancing and had taken up to 1.5 km (0.93 miles) in the last 24 hours. Colonel General Oleksandr Syrskyi told President Volodymyr Zelenskiy in a video published by the Ukrainian leader that Kyiv's forces had advanced 35 km into Russia's Kursk region since launching an incursion last week. Kyiv's surge into Russian territory last week caught Moscow by surprise, seizing the initiative from Russian forces who have been grinding out small but steady gains all year in the east of the country.
15.08 / 16:02
UPS
Target
Sky News
Inside
reports
donates
rights
Ukraine using UK-gifted tanks in Russia offensive: reports
Ukraine have been deployed as part of Kyiv's ongoing incursion into Russia, British media reported on Thursday. It is believed to be the first time the Challenger 2 tanks have been used in active combat on Russian territory, Sky News and other UK outlets said. They did not specify how many of the tanks were thought to have been deployed by Ukraine in its surprise incursion into Russia's Kursk region, which began on August 6.
15.08 / 15:44
markets
UPS
FIVE
Strategy
economy
wellness
International
'Let's go for growth': India's Cyril Amarchand Mangaldas, on track to become 2,000-lawyer firm, says 'no' to foreign alliances and mergers
Cyril Amarchand Mangaldas has been dominating legal industry headlines. Last month, the firm hired a team of more than 50 capital markets lawyers led by nine partners from smaller rival practice IndusLaw, depleting the latter firm’s capital markets offering entirely. Over the past two weeks, it has continued to aggressively hire partners laterally from competitors such as Luthra and Luthra Law Offices, Trilegal and S&R Associates. More hires will be made shortly, CAM managing partner Cyril Shroff told Law.com International, adding that new partners would be brought in to the firm’s banking and finance, private equity and corporate practices.
15.08 / 15:31
UPS
Citi
Mobile
trends
electronic
Retailers, brands see 5-10% on-year growth in Independence period sales
Retailers and brands said there has been a 5-10% growth in sales during the Independence period sales this year as compared to last, driven by improvement in sentiments, premiumisation with a marginal recovery in volume or number of units sold for categories like smartphones and laptops, industry executives said. While consumers lapped up premium products in cities and large towns continuing the trend of the last three years, demand in rural areas continued to be muted this month. “Consumer sentiment appears to have improved a bit more than what it was for the rest of the year. We expect 5-10% growth in sales while volume wise there might be an improvement only in the grab and go categories like mobile phones and laptops,” said Nilesh Gupta, director at Vijay Sales, a leading consumer electronic retail chain in Delhi-NCR, Mumbai and Ahmedabad.
15.08 / 15:05
markets
UPS
economy
Experts
reports
Department
US retail sales beat expectations on autos boost
United States soared past analyst expectations in July, according to government data released Thursday, helped by the autos segment and bringing some relief to policymakers. US consumption has remained resilient despite high interest rates, and experts are closely monitoring if this continues to hold up until the central bank begins rate cuts. A weaker than expected labor market report recently sparked market turmoil, over fears that the world's biggest economy was in worse health than anticipated.
15.08 / 14:59
UPS
Citi
Netflix
information
Updates
Interviews
The Night Agent Season 2: Check out the latest production update you don’t want to miss
The Night Agent's showrunner, Shawn Ryan, disclosed that all 10 episodes of Season 2 have been edited and are nearing completion in the post-production phase. “All the episodes have been edited, and all that remains to be done is VFX, sound, and music. A lot of effort has been put into getting the episodes ready as soon as possible for the viewers,” stated Ryan in an interview with TV Line.
15.08 / 14:35
markets
COST
UPS
Fighting
reports
Department
US unemployment claims fall 7,000 to 227,000 in sign of resiliency in job market
job market remains resilient in the face of high interest rates. Jobless claims dropped by 7,000 to 227,000 last week, the Labor Department reported Thursday. The four-week average of claims, which smooths out week-to-week ups and downs, fell by 4,500 to 236,500. In the week that ended Aug. 3, 1.86 million Americans were collecting jobless benefits, down by 7,000 from the week before.
15.08 / 14:19
UPS
Citi
Target
Death
War
cover
Almost 400 Hezbollah members dead in 10 months of Israel clashes
Hezbollah and Israeli forces has killed senior commanders and several hundred fighters from the Iran-backed group, causing destruction and displacing tens of thousands on both sides. Hezbollah has seen more fighters killed since October than when it last went to war with Israel in the summer of 2006. AFP looks at the mounting toll for the Shiite Muslim movement, which has been trading near-daily fire with the Israeli army in support of Hamas since the Palestinian militant group's October 7 attack on Israel triggered the Gaza war.
15.08 / 13:53
markets
UPS
Digital
Manufacturing
reports
Ola Electric rolls out range of e-bikes; announces quick commerce foray
Ola group of companies made a slew of product announcements, including electric bikes, quick commerce dark stores and computing chips, during their annual event “Sankalp” on Thursday. Listed electric scooter maker Ola Electric announced its first-ever range of electric motorcycles, called the Roadster. The Roadster has been launched in three different variations — Roadster Pro, Roadster and Roadster X — at introductory prices of between Rs 74,999 to Rs 2,49,999. All three models are open for registration. The cheaper Roadster X and Roadster models, with battery power ranging between 2.5 KwH (kilowatt hour) and 6 Kwh, will begin deliveries in the final quarter of the fiscal year 2025. The premium Roadster Pro, with 8 KwH and 16 KwH variants, will be available from Diwali 2025, i.e. around November 2025, founder Bhavish Aggarwal said.
15.08 / 13:49
UPS
Provident
MET
security
show
2020
Coal India to be fined if e-auction supplies not met
according to two people in the know of the development. State-run Coal India is the only firm allowed to sell coal through e-auctions. The provision of penalty would now be part of the e-auction contracts going ahead, they said.
15.08 / 13:37
15.08 / 12:34
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Progressive
community
Universities
Celebrity
peace
We can definitely restore peace, Manipur is home to 34 tribes and we all must stand together: CM Biren Singh
Manipur Chief Minister N Biren Singh on Thursday reaffirmed his government's commitment to restoring peace, highlighting that the state is home to 34 recognised tribes. Speaking at the 78th Independence Day celebrations at Ist Manipur Rifles ground here, Singh attributed the ongoing unrest to external elements seeking to destabilise the state. Reflecting on the ongoing conflict, Singh reiterated that Manipur belongs to all 34 recognized tribes, including Thadou, Hmar, Simte, Meitei, Tangkhul, Mao, Maram, Anal, and Lamkang. «This Manipur is not for one community. We must all stand together for a united and strong India,» he added. Despite recent challenges, Singh expressed confidence in the state's future. «Had it not been for May 3, 2023 violence, the progress and development Manipur would have achieved now would be unimaginable. However, we are committed to working harder to make up for the lost time,» he concluded.
15.08 / 12:31
15.08 / 12:27
UPS
Provident
Art
love
Universities
show
Artist Shahzia Sikander’s unapologetic approach to body politics
Collective Behaviour, the show spans three-and-a-half decades of her practice. The artist, who reflects on colonial histories of the subcontinent, and draws inspiration from miniature traditions and manuscripts, was in the news recently for vandalism of her work in the US. “At 3 am on July 8, a man with a hammer decapitated an 18-foot sculpture of a woman at the University of Houston.
15.08 / 12:12
UPS
Citizens
Bitcoin
reports
Features
Iran Offers Rewards for Reporting Illegal Crypto Mining Amid Power Shortages
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
15.08 / 11:49
15.08 / 11:44
COST
UPS
awards
Justice
reports
Courts
India aims to be global arbitration hub. And cut costs for its biggest litigant.
Arbitration pros resist govt.'s advisory favouring mediation over arbitration The law ministry’s efforts to expedite the enforcement of arbitral awards are expected to significantly benefit the government, which is included as a party in a considerable number of arbitration proceedings. Law minister Arjun Ram Meghwal initiated thenational litigation policy in June soon after taking office.
15.08 / 11:35
UPS
Food
students
travelers
Schools
Chronicling inherited memories of the Partition
Remnants of a Separation. Malhotra, a descendant of ‘Partition refugees’ herself, reiterates that the event's memory does not end with those who lived it, but passes down through generations in many “incarnations." "The house of the past may not even exist anymore, it is entirely conjured up from memory," she adds. “There is a place somewhere that does not belong to us, but we belong to it, and I always wonder, is it waiting for us?" Also read: Partition food memories that travelled Chaitanya Seth, who recently graduated with a bachelor’s degree in business administration, recalls many conversations with his beloved grandfather. “With every story, he travelled back to Lyallpur, a place which was his entire childhood," he says.
15.08 / 11:12
markets
COST
UPS
FIVE
wellness
performer
‘Discipline is in order’: Caisse de dépôt braces for volatility after posting 4.2% return in first half
The Caisse de dépôt et placement du Québec posted a 4.2 per cent return on its investments for the first half of this year, driven mainly by good performance in tech stocks and solid returns from its infrastructure portfolio, but coming in below its overall benchmark.
15.08 / 09:47
UPS
Provident
Fighting
security
Sustainability
Food
cover
Mizoram to launch interest-free-loan scheme: CM Lalduhoma
Mizoram Chief Minister Lalduhoma on Thursday said that the state government will launch a scheme to enable deserving people to avail interest-free loan up to Rs 50 lakh to achieve economic growth and improve the living condition of the masses. Addressing the people on the occasion of the 78th Independence Day, Lalduhoma said that his government was firm on its goal of providing inclusive governance and development, of more accountability and transparency in government processes and a people centric administration with improved delivery of public services. He claimed that there have been marked changes in various aspects of governance and administration under the Zoram People's Movement (ZPM) government in just eight months since it came to power in December last year. Lalduhoma said that the state government has been making massive efforts to develop the state and will also launch a loan scheme, where the government will act as a guarantor, to help the deserving people, who are determined for economic growth.
15.08 / 09:46
UPS
Extreme
country
cover
hospital
Colleges
Congress' Supriya Shrinate questions "cover-up" attempt in trainee doctor's rape-murder, condemns violence in Bengal
Congress leader Supriya Shrinate has sharply criticised the West Bengal government over the recent rape and murder of a female trainee doctor, questioning why the local administration allegedly attempted to cover up the crime. Speaking out on Thursday, the Congress leader condemned the violence that erupted at RG Kar Medical College and Hospital in Kolkata after the incident and expressed anguish over the administration's handling of the situation. «The incident was extremely unfortunate. What happened to the woman doctor raises a critical question: Where is the safety for women, who constitute half the population? What is happening to women in this country? Why did the local administration try to cover up the crime? The violence we saw yesterday is unacceptable and it is not the answer to anything,» Shrinate, the chairperson of social media and digital platforms in Congress' communication department, told ANI.
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