UPS Financial News

The recent rupture of a crucial oil pipeline has sent fresh pain through the economy of South Sudan, where even the security forces haven’t been paid in nine months

Stocks are closing a wild, whipsaw week for Wall Street with modest gains

Small businesses along popular vacation destinations like boardwalks and piers in the U.S. say the number of tourists flocking to the waterfront is back to normal, meaning pre-2020 levels

Residents of a tiny village in western Serbia don’t care if their government has agreed with the European Union to open a lithium mine in their sprawling valley: They say it is never going to happen

business cycle is turning at a sickening speed and another one already seems to be on its way. If you are like most people, your memory of downturns will be dominated by the past two—the financial heart attack in 2007-09 and the pandemic-induced collapse in 2020. Both were severe and highly unusual.

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Indian Oil Corporation (IOC), the nation's largest oil firm, sources said. While 10 out of the nearly 60 candidates who applied were called for interviews, GAIL chairman and managing director Sandeep Gupta is being considered a wildcard. Gupta had not applied but was called for the interview, three sources aware of the matter said. «They had invited 10 of the candidates who had applied. Gupta was the 11th person to be interviewed,» one of them said.

justice, 'gram nyayalayas' or village courts are today finding it difficult to live up to their purpose due to manpower shortage and financial crunch. So far 481 gram nyayalayas have been notified by 15 states, of which 309 have been made operational in 10 states, the law ministry told Parliament in the just-concluded Monsoon session. In 1986, the law commission had suggested setting up village courts to provide affordable and quick access to justice to citizens at their doorsteps. After years, The Gram Nyayalayas Act, 2008 came into effect from Gandhi Jayanti the next year. The Act provides for the establishment of gram nyayalayas at the grassroots level to provide access to justice to the citizens at their doorsteps and to ensure that opportunities for securing justice are not denied to anyone due to social, economic or other disabilities.

The Olympic Games are causing a surge in prices, but French consumers aren't likely to feel its pinch.

In recent weeks, Bangladeshi garment-factory owners have been on the phone with Western clothing brands, making the case that their country is a stable link in their supply chains. It has been a tricky sell. The world’s second largest garment producer has been rocked in recent weeks by protests and instability triggered by anger over grim employment prospects.

Lounge about what to expect before and after the procedure. Mumbai-based Gita A. Parekh underwent a double mastectomy in 2014.

You work so hard. Why aren’t you getting ahead? “Literally, what more can I do?" Alison Fragale, a professor who studies power, says the office workhorses among us think. We’re the ones picking up the slack when teammates fall short, the ones the boss calls when she needs something done fast, or last minute, or after hours.

Amazon Great Freedom Festival sale: Up to 65% off on laptops, smartwatches, speakers, refrigerators, TV, and moreIf you’re looking for a fantastic 50-inch TV, you’re in for a treat with its big screen that’s perfect for a home cinema vibe. The 4K resolution means you’ll see everything in sharp detail and vibrant colours, making it awesome for movies, sports, or gaming sessions.

Moreover, discount brokers, who depend heavily on retail investors, are expected to be more affected than traditional full-service brokers.

investors in the latest funding round, sources said. The IPO-bound unicorn has raised nearly Rs 1,040 crore in the Series G funding round. This follows an earlier raise of Rs 416.85 crore in the same series and concludes the round. According to different documents accessed by PTI, the additional equity issuance was approved by 99.99 per cent shareholders in an EGM held on August 8. The capital will be used to support OYO's growth and its global expansion plans, sources said.

Mayawati on Sunday announced that her party will field candidates in all the 10 assembly seats in Uttar Pradesh where bypolls are going to be held. The Election Commission is yet to declare the schedule for the by-elections to Karhal, Milkipur, Katehari, Kundarki, Ghaziabad, Khair, Meerapur, Phulpur, Majhawan and Sisamau assembly seats. In a statement, released after a meeting of the BSP's state unit district chiefs, office bearers and functionaries, the party said Mayawati reviewed the preparations for the upcoming assembly bypolls. «Ten assembly constituencies have fallen vacant after the Lok Sabha elections. No official announcement of the date has been made so far but activities pertaining to this are increasing continuously, especially the ruling party, BJP, and its government have made it an issue of prestige, due to which the interest of the people in the bypolls has also increased,» it said.

CareEdge Ratings anticipated that the credit-deposit ratios may pose a concern to the Non-Banking Financial Companies (NBFCs). «Bank's credit-deposit ratios raise concerns about NBFCs' ability to secure funds,» it said. By definition, the credit-deposit ratio (CD ratio) is a tool that measures how much of a bank's deposits are lent out as loans.

PARIS – Phil Kim was the first, and for the foreseeable future, the only Olympic champion in men’s breaking.The 27-year-old from Vancouver, known in his breaking circles as B-Boy Phil Wizard, captured gold at Place de la Concorde on Saturday.The Canadian dominated his final battle with host-country favourite Danis Civil (Dany Dann) of France by winning all three rounds and taking 23 of a possible 27 votes from the judges.The 2022 world champion and reigning Pan American Games champion Kim was a favourite in the performance sport making its Olympic debut in Paris.It isn’t on the menu in Los Angeles in 2028 nor is it certain to return in Brisbane, Australia, in 2032.The sunny, charismatic Kim was that throughout his bouts Saturday, but he shed tears both on the podium during O Canada, in interviews afterward and when he embraced his mother Gilsoo, father Byung Tae and brothers Daniel and John.“I was stressed out of my mind,” Kim said. “Yesterday, I cried my eyes out because I was so scared to do this.“There’s been a lot of pressure and a lot of expectations.

SAINT-QUENTIN-EN-YVELINES, France – Canada’s Brooke Henderson stood by the side of the 14th green at Le Golf National on Saturday and practised her putting motion several times before walking to the next hole.She never did regain her touch on the greens after a 67 a day earlier gave her an outside shot at a medal.Henderson threatened midway through the final round after reeling off three straight birdies, but her putter didn’t co-operate when she needed it.“I gave myself a lot of good opportunities,” Henderson said. “I feel like if I had made two or three different putts throughout the round then I feel like the momentum would have been more in my favour.“It might be a different story standing here.

Godrej Agrovet Limited (GAVL) has announced that its Oil Palm Plantation business (OPP) will set up an Oil Palm Processing Milling unit in Tripura. To be set up in the Dhalai district of the state, where the company currently operates a nursery with a capacity of 3 lakh per year and plans to increase it to 5 Lacs per year, the company will also be setting up an advanced Research & Development centre for oil palm in the vicinity in addition to opening up of Samadhan centre, a one-stop solution centre providing comprehensive support to oil palm farmers. Following the introduction of the National Mission on Edible Oil — Oil Palm (NMEO-OP) in August 2021, the government of Tripura has embarked on a plan to bring at least 7,000 hectares of land under palm cultivation.

Reliance Industries Ltd, India's most valuable company, plans to commission its first solar giga-factory in the current fiscal as it pivots a green pathway to achieve net zero carbon emissions from operations by 2035. In its largest annual report, the firm said it is targeting to commission the first train of 20GW solar PV (photovoltaic) manufacturing by the end of 2024-25 fiscal (April 2024 to March 2025) and scale up to 20GW in a phased manner over 2026. The solar giga factory will include manufacturing of PV modules, cells, wafers and ingots, polysilicon, and glass at a single location. The modules convert sunlight into electricity. It is also targeting industrialising sodium-ion cell production at the MW level in 2025 and first 50 MWh a year lithium battery cells pilot in 2026.