UPS Financial News

21.12 / 15:01
UPS Target economy President reports Podcasts Interviews Fed’s Hammack is inflation-wary and prefers holding rates steady into the spring
Subscribe to enjoy similar stories. Cleveland Fed President Beth Hammack said she doesn’t see any need to change interest rates for several months after the central bank cut rates at its last three meetings.
21.12 / 13:55
markets UPS Sustainability Trade show cover Videos Vijay L Bhambwani's Ticker: Nifty heading towards a decisive phase
Subscribe to enjoy similar stories. Ticker is a weekly newsletter by Vijay L Bhambwani. Subscribe to Mint's newsletters to get them directly in your email inbox. Dear reader, Last week, I wrote that bulls would have to do some significant work to push markets higher.
21.12 / 12:47
markets UPS Manufacturing wellness performer country International VinFast steers Vingroup’s India expansion amid US EV headwinds
Subscribe to enjoy similar stories. New Delhi: Vietnamese conglomerate Vingroup, which has interests spanning real estate, renewable energy and electric vehicles, is planning rapid international expansion via India, buoyed by its strong automotive performance even as its US push struggles amid Trump-era policies.
21.12 / 12:47
UPS Aware 2020 reports Department Investigations When a reporting lapse can turn honest taxpayers into ‘black money’ accused
Subscribe to enjoy similar stories. Even a small, inadvertent oversight in declaring foreign assets can trigger intense scrutiny and label honest taxpayers as holders of ‘black money’, causing financial and mental stress. A Mumbai-based professional learned this the hard way after receiving a penalty order from the tax department, which accused him of concealing foreign assets and imposed a ₹40 lakh penalty under the Black Money Act (BMA).
21.12 / 12:47
markets UPS Boxing film Experts audience Killing two birds with one big stone — can Bollywood sequels crack it?
Subscribe to enjoy similar stories. For big-budget Hindi films, the real payoff increasingly hinges on whether a first hit can sustain a second.
21.12 / 12:47
markets UPS FIVE Action information Schools Why doing nothing is the hardest—and smartest—investing skill
Subscribe to enjoy similar stories. Thirty-five years ago, in a lecture at Stanford Law School, Warren Buffett made an observation that has only grown more relevant with time. "Activity is the mother's milk of Wall Street," he said.
21.12 / 12:47
markets UPS Target Aware Celebrity show Updates Celebrities, viral campaigns—how to brand land and sell it online too
Real estate firms have long preferred traditional advertising and marketing messages—choosing billboards over Instagram ads and sticking to celebrity endorsements and the promise of an exotic, often foreign, lifestyle. The House of Abhinandan Lodha (HoABL) is attempting to break the mould in two ways. First, it is attempting to create a brand around plots of land, rather than already built properties.
21.12 / 12:47
UPS Target Aware Platform Enterprise reports International Inox Clean Energy inks $600 million deal for Macquarie’s Vibrant Energy
Subscribe to enjoy similar stories. NEW DELHI : New Delhi: Inox Clean Energy Ltd has signed an agreement to acquire Macquarie Group’s renewable energy platform Vibrant Energy, in a transaction valued at an enterprise value of $600 million and an equity value of $200 million, according to two people aware of the development. The deal was announced by Inox Clean, a part of the INOXGFL Group, on Sunday.
21.12 / 12:47
markets COST UPS FIVE Hyundai Trade War The $75 billion drain: How India lost the global shipping race and the bold mission to reclaim it
Subscribe to enjoy similar stories. Chennai/Kochi: The divergence is stark. Both Cochin Shipyard Ltd (CSL) and HD Hyundai Heavy Industries were established the same year—1972.
21.12 / 08:01
markets UPS Sustainability Diversity rights Updates One reform can yield multiple benefits: India should send its fertilizer subsidy directly to farmers
India’s fertilizer subsidy has long weighed heavily on the exchequer. The revised budget allocation for it in 2024-25 stood at ₹1.83 trillion. Nitrogen-based urea absorbed over 65% of it, while phosphatic and potassic fertilizers claimed the rest under the nutrient-based subsidy (NBS) regime.
21.12 / 06:51
markets UPS Citi Manufacturing ICE rights Updates Dark horse Ather is the real challenger to India’s legacy two-wheeler makers in 2026
Sitting in the conference room of his office in Bengaluru, Ather co-founder and chief Tarun Mehta is amused at a question on how life has changed since the company went public. The bespectacled 36-year-old says he is frequently asked this, nearly everywhere he goes.“I'm getting a bit of a fomo (fear of missing out) right now. There's something I'm missing about what should have changed.
21.12 / 02:19
UPS Digital Manufacturing Align Research Trade electronic Defence, aerospace firms have designs on niche engineers from IITs, competing with Big Tech
NEW DELHI/MUMBAI: Defence and aerospace companies are competing with high-frequency trading companies and tech giants in the clamour for engineers from the Indian Institutes of Technology (IIT), buoyed by their expansion plans and the entry of private firms in the space and defence sectors.These engineers are set to take on advanced manufacturing and product design projects in private companies based in India and seeking billion-dollar business avenues.“With the rise of space-tech startups—not just rocket makers like Skyroot, but also many promising satellite makers and space-intelligence-based startups in Hyderabad, Bengaluru and elsewhere—for the first time, India's top-tier candidates have a reliable and promising career opportunity to partake in truly world-class engineering right from India,” Temasek-backed Skyroot Aerospace said in an email response to Mint.Founded in Hyderabad by Pawan Kumar Chandana and Naga Bharath Daka, who were once colleagues at the Indian Space Research Organisation, Skyroot Aerospace is India’s highest-funded space startup with $95 million in venture capital funding to date. It is set to make its first commercial rocket launch from Indian soil by March 2026.
20.12 / 12:49
UPS awards Research Universities Inside information The year in AI was crazy. So was this meeting of AI’s brightest minds.
Subscribe to enjoy similar stories. SAN DIEGO—At a party atop a waterfront hotel, researchers kicked back with cocktails like the Burning TPU, made of honey, bourbon and Sardinian myrtle liqueur, and named after Google’s custom AI chip. They made small talk about everything from the hours at Elon Musk’s xAI (long) to the likelihood that foreign spies were inside top AI labs (high).
20.12 / 11:41
markets UPS Citi ETF Bitcoin show performer Bitcoin bulls are blinking. 2026 forecasts look soft.
Subscribe to enjoy similar stories. Bitcoin is mired in a slump. That weakness is showing up in tepid 2026 price forecasts.
20.12 / 07:59
Hollywood UPS Entertainment Remark Netflix wellness President The Netflix chief who insists he won’t ruin Hollywood
Mark Shapiro, president of WME Group and TKO Group, parent of Ultimate Fighting Championship and World Wrestling Entertainment. He “is completely comfortable with change and evolution.”“Half the town wants to do business with him, and the other half wants an invite just to hang,” Shapiro said.Those invitations are often to Sarandos’s Southern California homes, which include a residence in the Hancock Park neighborhood of Los Angeles and a mansion in Montecito, near Santa Barbara, that he purchased from Ellen DeGeneres and Portia de Rossi for $34 million.
20.12 / 07:19
UPS Target Manufacturing economy War show country In Germany, everyone is a defense manufacturer now
Subscribe to enjoy similar stories. FRANKFURT—Across Germany, railcar factories are being retooled to build military vehicles, auto suppliers are joining with defense contractors, and former soldiers are suddenly hot commodities in the jobs market. After Berlin pledged to spend more than half a trillion dollars on defense in the next decade, manufacturers facing stubborn economic stagnation and falling exports to the U.S.
20.12 / 04:13
markets UPS FIVE CEO Gap audience Updates JioStar CEO Kiran Mani on why ‘being boring’ is good for his job
Kyunki Saas Bhi Kabhi Bahu Thi and Anupamaa have defined households and behaviour patterns in India,” Mani says, adding that while IPL is a big story to be talked about, the company’s bread and butter is general entertainment.Other than reality programming dominated by the likes of Bigg Boss and web originals such as Criminal Justice and Special Ops 2.0, he points to the firm’s large library of Hollywood content, including slates from Peacock and HBO.“Cricket has been a very important propeller to build big viewership, but we are a 400 million monthly active user platform clocking a billion hours of watch time. That doesn’t happen just because of cricket,” he insists. One of the things with the Indian audience, Mani points out, is that you cannot have a one-size-fits-all approach.
20.12 / 01:47
UPS Platform Sustainability Mercantile Experts reports Destinations After the big foreign bet on Indian lenders this year, older private banks get on to the 2026 radar
Subscribe to enjoy similar stories. As a hectic year of deal-making in banking and financial services rolls to a close, experts are predicting that the mergers and acquisitions in 2026 will see mid-sized lenders and foreign capital taking centre-stage. Friday saw the biggest deal of the year – Mitsubishi UFJ Financial Group pouring nearly ₹40,000 crore into Shriram Finance, India's second largest non-banking finance company, for a 20% stake – in the sector highlighting how India has emerged as a magnet for global capital chasing lenders.
20.12 / 01:47
UPS FIVE Manufacturing country electronic reports Mint Explainer: How does the ₹7,280-crore incentive package for rare earth magnets work?
Subscribe to enjoy similar stories. About six months after China first began restricting the export of specific rare earth magnets, rattling manufacturers around the world, India announced a ₹7,280-crore incentive package on 26 November to set up five plants to produce rare earth magnets in the country.
20.12 / 01:47
COST UPS Provident Bill 2020 Updates From North to South, how revisions in MGNREGS will burden states
Earlier this week, the government proposed major changes to the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) through the introduction of a new bill in the Lok Sabha. The Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Bill, 2025, proposes to increase the employment guarantee under the rural employment guarantee scheme. In 2025-26, the central government allocated ₹86,000 crore to MGNREGS, one of the biggest expenditure items in its budget.
20.12 / 01:47
UPS Manufacturing Platform Trade track electronic testing Three small-cap aerospace stocks to add to your 2026 watchlist
Subscribe to enjoy similar stories. India’s aerospace and defence manufacturing ecosystem is entering a decisive phase. Rising defence spending, a sharper focus on indigenization and growing export ambition are creating a longer runway for domestic suppliers.

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