UPS Financial News

BTS member Kim Seokjin aka Jin, recently revealed that he got into a bad spat with a fellow soldier during his military service. ‘The Astronaut’ hitmaker said that he lost his temper with a junior who refused to be repentant even after committing a mistake. In an interview with Weverse Magazine, the singer admitted that he lost his cool after a subordinate in the army refused to apologise and own up to his mistake. “One soldier did something wrong but kept joking around and saying, 'I’ll figure it out myself, sir' and I told him, 'It’s okay if you make mistakes. It’s not like I know everything. I make mistakes, too. But if a senior soldier tells you to do something, you have to at least pretend to listen. You can’t keep goofing around like that. I get it—everyone’s different. But you at least have to figure out why you made that mistake. I’ll tell you how to do it one more time, so don’t mess around anymore, " he told the magazine.

Rahul Gandhi on Wednesday alleged that Defence Minister Rajnath Singh «lied» in Parliament about the issue of compensation to families of martyred Agniveers and demanded an apology for it. The Congress leader also shared a video on X purportedly of the father of a deceased Agniveer who stated that Rajnath Singh had claimed that Rs 1 crore compensation had been given to the next of kin of martyred Agniveers but no such assistance was received by his family. Sharing the video message posted by her brother, Congress leader Priyanka Gandhi Vadra also accused the BJP of «insulting the sacrifice of the families» who gave up their sons for the country In his video, Rahul Gandhi said that he had stated in his speech in Parliament that the protection of truth is the basis of every religion.

₹2.1 trillion received in May 2024 has significantly eased the government’s fiscal constraint for the fiscal year 2024-25. CII has recommended that a part of this windfall be used for boosting capital spending by 25% over the revised figure for 2023-24. This would help maintain the upward trajectory of public capital expenditure and help crowd in private investment.

₹50,000 remain high. In particular, NBFC-fintech lenders, which have the highest share in sanctioned and outstanding amounts, also have the second highest delinquency levels, only below that of small finance banks." Indeed, the sharp growth in bank lending to NBFCs from 2.5% of the GDP in 2016-17 to 5.2% in 2023-24, suggests the rise of fintech's lending money. Also, with loans easily available over a smartphone, there has been a drop in lending standards at the lower end of the market, leading to higher delinquencies.

The Indian stock markets had yet another excellent week for the bulls, with the benchmark index maintaining its winning streak for the fifth consecutive week aided by broader participation along with positive global sentiment, Osho Krishan, Senior Analyst — Technical & Derivatives at Angel One said.

Best smartwatchDisplayAlso Read: Best wireless headphones: Choose from our top 10 picks for long lasting sonic brillianceThe Zebronics Thunder headphones provide a comfortable audio experience with soft earcups and an adjustable headband, perfect for long listening sessions. The headphones provide impressive battery life, offering up to 60 hours of playback time.

The Government of India has decided not to intervene or prevent Reliance Jio, Bharti Airtel, and Vodafone Idea (Vi) from raising mobile tariffs, according to a report. Despite the price hike, mobile tariffs in India continue to remain among the lowest globally, prompting authorities to urge telcos to prioritise improving service quality, according to officials. They emphasised that the situation is “not critical.” “There is enough competition in the telecom sector, and the situation is not critical. Consumers may feel some pinch of the price rise, but the hike has happened after three years,” an anonymous government official was quoted by The Economic Times as saying.

«I think inflation was one of the concerns. The other thing to a large extent was the candidate selection which was what coming in various constituencies that the candidate selection, people were unhappy because they were sitting MPs and had not done enough and of course the chemistry and mathematics of cycle and hand was working quite well,» says Sridhar Sivaram, Enam Holdings. At one point in time used to be the bandit area of UP, but now has the things changed in the rural side? Sridhar Sivaram: No, so, actually I went pre the election results and the ground feedback was similar to the results. I mean the feedback we got was about 10 to 15 seats lesser in UP than what they got the previous time more because of the selection of candidates. I mean Lakhimpur Kheri itself is a controversial constituency because of the person who was standing there.

A dangerous and extremely powerful Hurricane Beryl made landfall Monday on the Caribbean island of Carriacou after becoming the earliest storm of Category 4 strength to form in the Atlantic, fueled by record warm waters.

Reasons to buyReasons to avoidThe Pigeon Healthifry Air Fryer uses rapid air circulation technology to cook food with little to no oil, making it a healthier alternative to traditional frying. With a non-stick cooking basket and a 2.2L capacity, this air fryer is perfect for small families or individuals looking for a compact and affordable option.Reasons to buyReasons to avoidThe INALSA Air Fryer features a 2.3L capacity and uses rapid air technology to fry, bake, grill, and roast with little to no oil.

The number of Americans filing for unemployment benefits inched up last week, but remain at historically healthy levels despite elevated interest rates

The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home loan for the first time since late May

Samsung is dressing up its wearable devices in technology’s latest fashion — artificial intelligence

What buyers are saying on Amazon:Customers rave about the MacBook Air's efficiency, beautiful display, and seamless integration with other Apple devices. Some users have found it powerful enough to handle demanding design software like Flutter, Android Studio, and Figma.Why choose this product:If you're a graphic designer who values portability, a stunning display, and a seamless Apple ecosystem experience, the 2022 MacBook Air with M2 chip is a top contender.

Lexus Granito(India)Ltd.(up 10.16%), MOIL Ltd.(up 6.82%), Ashapura Minechem Ltd.(up 4.22%), NMDC Ltd.(up 1.77%), 20 Microns Ltd.(up 1.50%), Sandur Manganese & Iron Ores Ltd.(up 0.92%), The Orissa Minerals Development Company Ltd.(up 0.78%), Coal India Ltd.(up 0.75%), KIOCL Ltd.(up 0.36%) and Gujarat Mineral Development Corporation Ltd.(up 0.12%) were among the top gainers.

BlackRock is adding to the buffer ETF craze with the first in a series of funds that provides investors exposure to equity growth potential while offering downside protection.

The Consumer Price Index (CPI) reading by the Bureau of Labor Statistics today (11 July) marks a drop from the 3.3% recorded in May, while core inflation, which strips out volatile food and energy prices, was down from 3.4% the month prior to 3.3%. Among the biggest contributors to the decrease were gasoline, which fell by 3.8%, and energy, which was down 2%. Meanwhile, shelter, motor vehicle insurance, medical care and personal care, and house furnishings and operations were all up over the month. US economy adds 206,000 jobs in June as unemployment rate inches higher According to...

Argentina is looking at yet another Copa America trophy this time, which can be Lionel Messi's parting gift from the Copa America championships. Although not much is known if Messi will again participate in Copa next time around, the blue and white gang will be looking to go all guns blazing to claim victory at Copa America 2024.

Bengaluru/Mumbai: In the run-up to the Union Budget 2024, Indian fintech firms are seeking regulatory clarity, hassle-free licensing procedures, tax considerations, and provisions for financial inclusion to facilitate easier access to credit for small and medium enterprises (SMEs), in their wishlist for the finance ministry. As the fintech industry looks to deepen their presence, they seek a clearer regulatory framework that establishes legal recognition, licensing procedures and supervision which will help level the field with traditional lenders.

Bank of India is likely to tap the debt market next week to raise up to Rs 10,000 crore through infrastructure bonds and Bank of India may follow suit a week later to raise Rs 5,000 crore. Infrastructure bonds help lenders reduce their overall cost of funds amid an ongoing battle for deposits as these debt instruments are exempt from the regulatory requirement of maintaining cash reserve ratio (CRR) and statutory liquidity ratio (SLR). SBI, the country’s largest mass lender, is likely to raise the funds through 15-year infrastructure bonds, people aware of the developments said. The debt sale is likely to take place around July 10-11, they said. The upcoming bond sale comes on the heels of an infrastructure bond issuance by the bank on June 26, through which it had raised Rs 10,000 crore amid strong demand from institutional investors. “They (SBI) are likely to again opt for a 15-year maturity infrastructure bond as they wish to actively develop the longer-term yield curve for these instruments,” one of the persons cited above said. “They would likely be looking for a coupon rate of around 7.35-7.36%, similar to the one that was set at the last issuance.” Bank of India is likely to carry out its infrastructure bond sale around the third week of July, with the state-owned lender likely to opt for securities maturing in 10 years, people aware of the matter said.

Despite hope for lower interest rates in the months ahead, the Canadian Real Estate Association is scaling back expectations for home sales and prices after a slower-than-usual spring season.