UPS Financial News

CEAT Ltd expects double-digit growth in replacement and international business this fiscal despite a high natural rubber price forcing it to hike product rates, according to its MD and CEO Arnab Banerjee. The company, which has taken price hikes of 2-2.5 per cent in the replacement segment since May, expects another round of increase towards the end of July but is betting on robust demand across categories and turnaround of the rural market to drive growth. «We would like to think that unless there are some unforeseen headwinds, the growth will be steady and positive. We would like to maintain double-digit growth in the replacement segment and international business,» Banerjee told PTI. As for the company's sales to OEM, he said, «We see growth potential much ahead of 3 per cent in the passenger segment for CEAT on the basis of the model pipeline».

Lancet study, due to high levels of air pollution and tobacco consumption. According to the study published in May, ischaemic heart disease will continue to be the leading cause of death around the world, followed by stroke, diabetes and chronic obstructive pulmonary disease (COPD). In ischaemic heart disease, narrowing of vessels in the organ reduces blood flow. The study projected that men and women around the world could live longer by up to five and four years, respectively. «It is going to remain the number one killer and disabling disease with continued bad lifestyle and increasing stress. Yet, there is a lack of understanding of the exact mechanism of formation of these blockages (in the heart's blood vessels). Till we understand the mechanism, the solutions cannot be found,» said Dr Atul Mathur, Executive Director, Interventional Cardiology and Chief of Cath Lab, Fortis Escorts Heart Institute, New Delhi.

GERMANTOWN, Wis.—The Trump campaign’s effective takeover of the Republican National Committee has come with a new approach to on-the-ground canvassing efforts: doing more with less. The party says its get-out-the-vote effort, dubbed “Trump Force 47," is driven by a dedicated army of volunteers. It has been shrouded in secrecy since it launched earlier this year, raising questions in political circles about the ground-game strategy to support Republican presidential nominee Donald Trump.

Science Advances journal on 19 July, says that life expectancy at birth was 2.6 years lower and mortality 17% higher in 2020 compared to 2019. This is for a subsample of 14 states and Union territories, but the authors said that if other states followed the same trends, it would add up to 1.19 million excess deaths across India in 2020. The study found that life expectancy declined more for women than for men, and also more for children and for marginalized groups.

Interim budget, the government should continue on the path of fiscal consolidation. D-St could be pencilling in some added populist measures in this budget,” says Jaspreet Singh Arora, CIO, Equentis — Research & Ranking. In an interview with ETMarkets, Arora said: “The budget may look at adding some populist measures which address unemployment and rural stress. This is considering four state elections coming up in the next one year,” Edited excerpts:

₹5 lakh do not have to pay any income tax in both old and new tax regimes. She proposed increasing the rebate limit in the new tax regime, under which persons with income up to ₹7 lakh will not have to pay any tax. The updates to Section 87A of the Income Tax Act aimed to make taxpayers with a total taxable income of up to ₹7 lakh eligible for a rebate equivalent to their tax liability, capped at ₹25,000.

India’s 7,600 km-long coastline presents an enormous opportunity to ramp up the country’s offshore wind power capacity, thereby increasing clean electricity supply for the country’s growing economy, and creating sustainable jobs. The government last month approved a ₹7,453 crore (~USD 900 million) offshore wind funding scheme, a welcome move to kickstart the industry —but a considerably larger financial support will be required to ensure the sector’s sustainable growth and promote manufacturing of offshore wind turbines.

Paris Olympics boldly declared that France's capital would be " the safest place in the world " when the Games open this Friday. Tony Estanguet's confident forecast looks less far-fetched now with squadrons of police patrolling Paris' streets, fighter jets and soldiers primed to scramble, and imposing metal-fence security barriers erected like an iron curtain on both sides of the River Seine that will star in the opening show. France's vast police and military operation is in large part because the July 26-Aug. 11 Games face unprecedented security challenges. The city has repeatedly suffered deadly extremist attacks and international tensions are high because of the wars in Ukraine and Gaza. Rather than build an Olympic park with venues grouped together outside of the city center, like Rio de Janeiro in 2016 or London in 2012, Paris has chosen to host many of the events in the heart of the bustling capital of 2 million inhabitants, with others dotted around suburbs that house millions more. Putting temporary sports arenas in public spaces and the unprecedented choice to stage a river-borne opening ceremony stretching for kilometers (miles) along the Seine, makes safeguarding them more complex.

Gaming laptop buying guide: Transform the way you play games with our key considerationsThe Razer Barracuda Wireless Multi-Platform Gaming and Mobile Headset is a top pick during the Amazon Prime Day sale. Featuring SmartSwitch dual wireless, a lightweight 250g ergonomic design, and Triforce 40mm drivers, this headset offers superior audio quality.

Infosys reported robust Q1 numbers, leading to a host of positive brokerage views on the counter. The Nifty50 index on Friday closed 1.09% or 270 points lower at 24,530 while the S&P Sensex closed the day nearly 1% or 739 points lower at 80,604.65.

Kanwariyas. He would get Rs 400-600 and at least two meals every day for the job. This year, however, his employer, Mohammad Arsalan, asked him to look for other jobs as he cannot afford to hire extra staff, expecting that his earnings will take a hit due to the Uttar Pradesh government's orders to owners of hotels, restaurants, food carts and eateries along the Kanwar Yatra route to display the names of their owners at their outlets. After the Muzaffarnagar Police issued the order, the Uttar Pradesh government on Friday extended the controversial order across the state. Uttarakhand Chief Minister Pushkar Singh Dhami said similar instructions are already in place in his state as well.

Indian Oil Corporation, the nation's largest oil firm, is targeting to become a USD 1 trillion company by 2047, combining growth in traditional oil refining and fuel marketing with clean energy avenues like green hydrogen and EV charging, its chairman said. Indian Oil Corporation (IOC) posted a record net profit of Rs 39,619 crore (USD 4.7 billion) on a revenue of Rs 8.66 lakh crore (USD 104.6 billion) in the 2023-24 (April 2023 to March 2024) fiscal. The company will continue to invest in fossil fuels and new energy avenues to have a balanced portfolio that will help achieve net-zero carbon emissions by 2046, company chairman Shrikant Madhav Vaidya said in its latest annual report. It will expand oil refining capacity, and invest in petrochemical units that will convert crude oil into value-added chemicals directly, while also increasing its focus on gas, biofuels and clean mobility.

BJP's local unit in Meerut, the district administration requested the removal of award-winning Urdu poetess Shabeena Adeeb from the list of invitees to the renowned 'All India Mushaira,' citing «law and order issues.» The decision was made on the eve of the event. Members of the ruling party in Meerut had accused Adeeb of making «anti-Modi and anti-Yogi remarks» in the past, and her support for anti-CAA protesters in Delhi's Shaheen Bagh locality reportedly aggravated their concerns. BJP district president Suresh Jain Rituraj told TOI, «A controversial video of Adeeb has emerged, leading us to suspect that her presence could pose a threat to the law and order situation in Meerut. We communicated our concerns to the administration, and they acted to prevent her attendance.» Chief Development Officer (CDO) Nupur Goel stated, «If the presence of an individual creates a law and order problem, we must address it.»

NGOs run by the Muslim community in Uttar Pradesh will not set up their annual relief camps for kanwariyas this year. This comes amid controversy over name plates mandated outside businesses, reports TOI. Relief camps were set up every year in which thousands of kunwariyas were served food, shelter, medical aid and even foot massages. Kunwariyas walk long distances along roads and highways.

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Tech enthusiasts can anticipate significant markdowns on essentials like laptops, tablets and smartphones. Whether you're in need of powerful computing tools or the latest in mobile technology, Prime Day offers matchless deals on top brands.Home appliances are another highlight, with discounts expected on essential items such as air conditioners (ACs), televisions (TVs), washing machines, refrigerators, and vacuum cleaners.

Mini: 60 Years. The Mini raced to the front in competitions as well, winning the Monte Carlo Rally four times from 1964 to 1967. At Turf Tavern, Kevin McMahon, the barkeep and a Mini aficionado, is extremely knowledgeable—and chatty.

In 2024 the market went through quite a few ups and downs.

₹30,000 during the ongoing Amazon Prime Day Sale. Notably, the Neo 9 Pro features an AMOLED panel and is powered by the Qualcomm Snapdragon 8 Gen 2 chipset. iQOO Neo 9 Pro was launched at a price of ₹35,999 for the 8GB RAM/128GB storage variant, ₹37,999 for the 8GB RAM/256GB storage variant and ₹39,999 for the 12GB RAM/256GB storage variant.

Chabutaras are 11-22ft tall structures made of wood, stone or concrete, designed specifically for birds. These traditional bird-feeders, though slightly outlandish looking, are an intrinsic part of the city’s visual and cultural lexicon. Ahmedabad is a city with an admirable population of sparrows, mynas, pigeons, old world babblers and purple sunbirds.