UPS Financial News

Indian regulators and policymakers have amplified their call for banks to become innovative in raising deposits. This low-cost source of funds is trailing the pace of bank lending, and if credit-deposit gaps persist, lenders would either need to rely more on costlier sources or go slow on credit, which could drag the growth of our economy back. Over the weekend, finance minister Nirmala Sitharaman exhorted banks to pre-empt such a scenario.

₹13,999 but they could be retailed at a similar price to last year's OnePlus Buds Pro 2. For reference, the Buds Pro 2 started at a price of ₹11,999 in India.Also Read | OnePlus 12R reviewMeanwhile, Brar also reiterated a few features that were earlier revealed via a Smartprix report including the presence of a dual driver setup with an 11mm woofer and a 6mm tweeter and support for LHDC 5.0 codec.Reportedly, the Buds Pro 3 will come with 50dB of noise cancellation which is said to result in twice as clear conversations and voice calls when compared to its predecessor.They are also said to offer 43 hours of battery life on the case, which will be 4 hours more than the Buds Pro 2.

Bandhan Bank, Biocon, Birlasoft, Granules India, Hindustan Copper, India Cements, Indiamart Intermesh, LIC Housing Finance, Manappuram Finance, Punjab National Bank (PNB), RBL Bank, Steel Authority of India (SAIL) and Sun TV Network. Gujarat Narmada Valley Fertilizers and Chemicals (GNFC) has moved out of the ban.

Raymond’s cash flows. Debt piled up. The chief executive of the company’s flagship lifestyle business resigned.

At present, there are 1,504 air monitoring stations in 543 cities across the country. The government has entrusted the job of updating NAAQS to IIT Kanpur, which has set up a panel comprising experts from the World Health Organisation (WHO) and other institutions. “Work on the new NAAQS is ongoing.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Mint looks at the new approach and the significance of the 3% target set by law. Governments need to live within their means. But with the ability to print money and borrow at will, they often spend more than what they earn, causing fiscal deficit.

Mint had reported that Shell Plc was looking to sell a stake in the operational assets of Sprng Energy group, and engaged Ambit Group for a valuation exercise. Last June, Shell unveiled a “balanced energy transition" strategy under chief executive Wael Sawan, focusing on maintaining its leadership in the global liquefied natural gas (LNG) market while “stabilizing liquids production to 2030." In an emailed response, a Shell Group spokesperson stated, “We don’t have any further comments beyond what we have earlier stated." “As stated at Capital Markets Day in June 2023, we are working to grow our renewables portfolio as part of an integrated power business in the key market of India.

The South Korean crypto exchange Bithumb will let customers open NongHyup Bank accounts via its mobile app.

People who were forced to flee Jasper National Park three weeks ago due to wildfires will be allowed to return home this Friday.

Tom Cruise movies are something out of the world for his fans, who flock to to theatres every time an action movie of his releases, be it the previously released Top Gun franchise film, or one of his longest-running franchise, Mission Impossible. However, there is one thing that no one actually expected him to do, and that is, pulling off an insanely crazy stunt during the Paris Olympics closing ceremony where he was seen dropping from the sky, during the official handover of the official Olympics flag to the Los Angeles Olympics committee, who will be organizing the next edition of the Olympic Games.

Adani Group companies fell by up to 7% Monday as the sentiment soured following fresh allegations by the US-based short-seller Hindenburg that Sebi chief Madhabi Puri Buch and her husband, Dhaval Buch, held stakes in Bermuda and Mauritius-based offshore funds used by Gautam Adani's brother, Vinod Adani, to «amass and trade large positions in shares of Adani Group.» After the initial drop on Monday, some Adani stocks recovered later in the day. Adani Wilmar, Adani Total Gas, and Adani Energy Solutions ended about 4% lower, while NDTV, Sanghi Industries, and Adani Port fell between 2% and 3%.

Matthew Knoot from Nashville, Tennessee has been indicted under federal charges for allegedly aiding North Korea’s (DPRK) ballistic weapons programs in a massive IT jobs fraud scheme, a new U.S. Department of Justice press release reveals.

The Monkey," directed by Osgood Perkins and based on Stephen King's short story, has been released. Theo James stars in this adaptation, showcasing a chilling narrative involving a deadly toy monkey.

India's July retail inflation slowed to 3.54%, its lowest in nearly five years, on the back of a sharp decline in food inflation, data released Monday showed. Economists struck a note of caution, pointing out that the drop was largely due to the base effect of high inflation last year and that it could head back up in the coming months. Retail inflation based on the Consumer Price Index (CPI) in July 2023 was 7.44% while that in June this year printed at 5.08%. Food inflation eased to a 13-month low of 5.42% in July from 9.36% in June, taking overall inflation below RBI target rate of 4% for the first time since September 2019.

Calamos Investments is using its expertise in convertible bonds to jump into what may be the fund industry’s hottest space: downside protected, or buffer, ETFs.

A new play-to-earn (P2E) doge-themed meme token called PlayDoge ($PLAY) is gaining traction as leading meme coins post double-digit gains in the week since last Monday’s catastrophic crypto crash.

life insurance industry in India registered growth in July, with the total annualised premium equivalent (APE) increasing by 16.9% year-on-year. This growth was primarily driven by the private sector, which saw an impressive 18% rise in APE. Life Insurance Corporation of India (LIC), the country's largest insurer, recorded a more moderate increase of around 13.5%. APE is the sum of annualised first-year premium on regular premium policies and 10% of single premium policies written in a fiscal year.

It’s getting harder for young Canadians to find a job. A post-pandemic influx of cheap foreign workers in restaurants and retail stores may be making it tougher.

Bharti Enterprises plans to acquire a 24.5% stake in UK's BT Group for around $4 billion from the British firm's largest investor Altice UK, marking the Sunil Mittal-led company's second major international foray after venturing into Africa in 2010. This will make it the largest shareholder in BT, formerly British Telecom. In a statement Monday, Bharti said it has no intention of making an offer to buy control of Britain's largest broadband and mobile firm. Bharti is also not seeking a board seat, chairman Sunil Mittal told reporters. The purchase will be made by Bharti Global, which is the international arm of Bharti Enterprises, through Bharti Televentures. As per the terms of the deal, Bharti Televentures has acquired a 9.99% stake in BT Group's issued capital via open market trade. It will buy the remaining 14.51% after getting regulatory clearances. Mittal expects the deal to close in the coming months.