UPS Financial News
17.07 / 15:31
markets
COST
UPS
Citizens
JPMorgan
economy
US banks see high deposit costs, investment banking boost
loan demand and the high interest they paid to hold on to deposits, but a flurry of bond sales boosted their investment banking units. Citizens Financial, US Bancorp, First Horizon and Synchrony Financial all paid higher rates compared with a year earlier on their customers' deposits, they said on Wednesday.
17.07 / 15:25
UPS
security
community
hospital
Colleges
Three Hmar militants, three cops killed in Assam encounter
militants were killed, and three police personnel were injured in a fierce encounter in Cachar district of Assam on Wednesday. The militants were from Manipur. Assam chief minister Himanta Biswa Sarma stated in X, “In an early morning operation, @cacharpolice killed 3 Hmar militants from Assam and neighbouring Manipur. Police also seized 2 AK rifles, 1 other rifle and 1 pistol.” Cachar Superintendent of police Numal Mahatta told media persons, “We have intelligence that armed militants are moving in the border area and accordingly a police team was sent and during a Nakka checking three people were apprehended. They had AK 56 Rifle, a pistol and single barrel gun and ammunition with them. They were interrogated and during interrogation they revealed that some of their colleagues with sophisticated weapons are taking shelter in the foothills of Bhuban hills.”
17.07 / 14:20
UPS
DNA
Death
Research
recommendations
prevention
guidelines
How much alcohol can you drink a week and still be healthy?
How much drinking is bad for you? Though more people are calling themselves sober-curious or are trying zero-proof replacements for alcohol, drinking is a regular part of social life for most of us. A coupe of champagne can add fun to a celebration. A cocktail can take the edge off a tough day.
17.07 / 14:17
markets
UPS
Waves
FIVE
Extreme
economy
Cycling
David Rosenberg: Sorry folks, bear markets, bubbles and recessions are not things of the past
Every mania and bubble share differences and similarities, but the current wave of artificial-intelligence optimism looks a lot like what we experienced with the internet euphoria in the late 1990s.
17.07 / 14:16
UPS
FIVE
Citizens
security
Southern
track
rights
Snowbirds paying $15,000 a year in investment fees worry about growing their nest egg
Married couple David* and Felicia are 64 and 54, respectively, newly retired and seem at first glance to have enough to maintain their desired lifestyle, but they have concerns about growing their nest egg, saving on taxes and getting a different perspective.
17.07 / 14:13
UPS
Target
Manufacturing
economy
Sustainability
Research
innovations
To forge a path to prosperity, domestic manufacturing must take a giant leap
This is part of a special series of articles by the country's foremost voices, ahead of Union Budget 2024, aiming to draw attention to the critical reforms that can help India in its journey to become a developed nation by 2047. In a few days from now, finance minister Nirmala Sitharaman will present her seventh consecutive budget, a record in India’s history. This is also the first Union budget in the third term of Prime Minister Narendra Modi’s government. Undoubtedly, we expect directional continuity in policy announcements with a thrust on economic growth, social development and sustainability, in line with the vision for Viksit Bharat 2047.
17.07 / 14:05
markets
UPS
Food
CIBC
show
country
reports
Posthaste: Economists breathe a bit easier over Canada, U.S. interest rate divergence and outlook for loonie
The divergence in interest rates between Canada and the United States became a hot topic and a percolating worry for economists when it looked like the Bank of Canada would feast on cuts while the U.S. Federal Reserve sat pat.
17.07 / 14:01
UPS
Provident
Waters
Manufacturing
performer
stars
Features
Prime Day Sale 2024 countdown begins: Avail up to 60% off on ACs, ovens, washing machines and other home appliances
Best microwave ovens with convection and grill in India: Top 6 picks of 2024 that aid versatile cookingThe Carrier 1.5 Ton 3 Star AI Flexicool Inverter Split AC is suitable for mid-sized rooms. It utilises Flexicool inverter technology with a variable speed compressor, enabling users to adjust cooling capacity and reduce energy consumption by up to 50%. The AC is equipped with a high-density filter, auto cleanser, and a powerful cooling capacity of 4800 watts.
17.07 / 12:25
markets
COST
UPS
Manufacturing
Freedom
Bajaj Auto: CNG bike and exports to drive growth
₹2,415 crore in the June quarter (Q1FY25) beat analysts’ estimates and was primarily driven by price realisation. The two-wheeler (2W) manufacturer is expected to maintain this momentum amid a recovery in the export market and from sales of the CNG bike it launched earlier this month. Still, an inadequate pick-up in rural demand or the export market remains a risk.
17.07 / 12:18
17.07 / 12:14
UPS
Provident
Waters
Marvell
stage
Features
rights
Best RO water purifiers for home in India 2024: Top 9 picks that ensure your home gets clean drinking water
Reasons to buyReasons to avoidThe Copper RO+UV+UF+TDS Controller water purifier offers 7-stage purification to ensure that your drinking water is free from harmful impurities. It comes with a TDS controller that maintains the essential minerals in the water, providing you with clean and healthy drinking water.
17.07 / 12:13
UPS
Progressive
economy
Universities
country
social
rights
Women’s right to bodily autonomy: Japan needs to think again
A 24-year Japanese model and four of her young compatriots, who want to undergo sterilization surgeries, recently filed a lawsuit at a Tokyo court to challenge Japan’s Maternal Protection Act of 1996, which deprives them of the opportunity to do so and thus violates their constitutional right to equality and self-determination. The petitioners’ lawyer argued that the Act smacks of “excessive paternalism" in assuming that “a woman’s body is destined to become a mother," denying them the right to “live a life of their choice." This Japanese law, a revised version of its earlier Eugenics Protection Law of 1948, has stringent pre-conditions for a woman to undergo a sterilization surgery.
17.07 / 11:17
markets
UPS
Mobile
Enterprise
reports
Department
MTNL is broke. But that’s not its biggest problem.
₹2,480-crore loan it had raised last year. The loan was for 10 years with a semi-annual coupon rate of 7.59%. MTNL has long erased its net worth.
17.07 / 11:06
UPS
FIVE
Netflix
Nielsen
show
Schools
Sporting
Netflix's efforts to grow ad tier in focus as subscriber growth slows
Netflix likely added the fewest number of subscribers in five quarters during April-June as sharp gains following a crackdown on password sharing ebbed and viewer attention moved to summer sporting events including the Euro soccer tournament. The company added an estimated 4.82 million subscribers in the second quarter, according to LSEG data. That would be the lowest additions since the first quarter of 2023 and about half the 9.3 million it added in the previous three months.
17.07 / 10:54
COST
UPS
Provident
Waters
show
Climate irony: Clean hydropower faces a dry patch
The world’s biggest source of renewable energy has been going through a dry patch. Generation from solar farms roughly tripled between 2018 and 2023, while the output of wind turbines almost doubled. That provided enough extra clean energy to power Japan and Russia put together.
17.07 / 10:47
markets
UPS
Booking
ETF
Platform
HANetf teams up with Harwood Capital Management for global equity ETF launch
The global equity UCITS ETF, run by HANetf's white-label platform Goshawk Asset Management, will be made available to investors in Europe. «It is great to be partnering with Harwood Capital Management to launch a new UCITS ETF in Europe,» said Hector McNeil, co-founder and co-CEO of HANetf. Harbor Capital Advisors teams up with HANetf to enter the European ETF market According to data from the ETF Book cited by McNeil, the partnership comes at a time when European ETF inflows are on the rise, reaching $169bn in 2023, or up 88% from 2022. «White-label enquiries at HANetf are up ...
17.07 / 10:46
UPS
wellness
shooting
show
reports
Headlines
In charts: Volatile vegetables are making inflation bitter
NEW DELHI : Vegetable prices are once again burning a hole in people’s pockets and pushing retail inflation up. If not for double-digit vegetable inflation, the headline inflation in June would have remained below the Reserve Bank of India’s medium-term mark of 4% since January, Mint calculations show.
17.07 / 10:41
UPS
Extreme
Manufacturing
Enterprise
Healthcare
students
country
Budget 2024: Rakesh Mittal seeks simplified tax regimes, support for MSMEs
NEW DELHI : Rakesh Bharti Mittal, vice-chairman of Bharti Enterprises Ltd, called for simplifying tax regimes for companies and individuals in the Union Budget 2024-25. In an interaction with Mint, he also sought financial support for micro, small and medium enterprises (MSMEs) and the healthcare sector in the budget to be presented to 23 July. He said the industry would be looking for a meaningful road map to advance the country towards becoming a developed nation by 2047 in the budget.
17.07 / 09:44
markets
COST
UPS
Provident
Digital
country
reports
Sizing up India's listed data centre plays: What to expect from Budget 2024?
₹50,000 crore till then. That said, the upcoming budget is likely to include substantial measures to bolster the country's data centre ecosystem, underscoring the government's commitment to advancing digital infrastructure here.
17.07 / 08:55
markets
UPS
Analysis
President
show
cover
International
The great Indian debt detox: How companies are repairing their financial health
part 2 of this analysis) is helping them shake off debt, leaving them with healthier balance sheets and more room to take risks. We explain this key finding from our analysis in the third part of the series. Before unveiling India Inc’s loss of appetite for loans, a trip back to 2022-23 is in order.
17.07 / 08:50
UPS
Qualcomm
Sony
Features
Videos
Updates
Best phones under ₹30,000 in India this July 2024: OnePlus Nord 4, Poco F6, Realme GT 6T and more
₹30,000 this month.Among the latest contenders is the OnePlus Nord 4, which has quickly made its mark in this segment. It boasts a 6.74-inch AMOLED display with a 120Hz refresh rate, and is powered by Qualcomm's Snapdragon 7+ Gen 3 chipset.
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