UPS Financial News
19.12 / 09:59
markets
COST
UPS
Digital
Platform
wellness
Trade
Zydus Wellness rallied on the Comfort Click deal. Has the excitement faded?
Subscribe to enjoy similar stories. Shares of Zydus Wellness Ltd were trading near ₹403 when the company announced the acquisition of UK-based Comfort Click Ltd for about ₹2,380 crore on 29 August. The market initially welcomed the deal, pushing the stock to an all-time high of ₹530.90 on 19 September.
19.12 / 09:25
UPS
FIVE
NVIDIA
President
isolate
diving
The murky economics of the data-centre investment boom
Subscribe to enjoy similar stories. THIS SPRING McKinsey made what seemed to be an extraordinarily bullish forecast of capital spending on the chips, data centres and energy to produce artificial intelligence (AI): $5.2trn worldwide in the next five years. Less than six months on, the consultancy is considering upping that estimate.
19.12 / 09:25
markets
UPS
FIVE
economy
strain
International
Credit markets look increasingly dangerous
Subscribe to enjoy similar stories. Mention 2007 to a group of professional investors, and watch them bristle. The year was a bad one.
19.12 / 09:25
UPS
Strategy
Analysis
show
strain
Rate cut windfall: Should you reduce EMI or tenure
Subscribe to enjoy similar stories. A 0.25% rate cut looks tiny on paper. But on a ₹50 lakh home loan, it can unlock thousands of rupees a year—and lakhs in lifetime interest—depending entirely on what you do with it.
19.12 / 08:35
markets
UPS
economy
Puzzle
pandemic
reports
inequality
Andy Mukherjee: China’s middle class ranks among the world’s largest but India’s doesn’t—How come?
In 1980, neither China nor India had much representation in the ‘global middle class’—people who neither belong to the bottom half of the income distribution nor rank among the top 10% worldwide. Almost a half-century later, things have changed—but in very different ways.
19.12 / 07:47
UPS
Extreme
security
Trade
reports
Tata Steel pact boosts Lloyds Metals, but will its copper mining bet pay off?
Subscribe to enjoy similar stories. Lloyds Metals and Energy Ltd is in the thick of things. Apart from signing a memorandum of understanding (MoU) with Tata Steel Ltd, the company acquired a 50% stake in Nexus Holdco FZCO, Dubai on 10 December.
19.12 / 04:15
UPS
security
President
country
International
US clamps down on investment in Chinese tech companies
Subscribe to enjoy similar stories. WASHINGTON—President Trump signed into law new powers to screen and restrict U.S. investment in Chinese technology firms, marking the most significant effort yet to police how American capital flows into businesses that bolster Beijing’s military and surveillance state.
19.12 / 02:41
markets
UPS
Align
Sustainability
Bill
rights
Updates
Nuclear recharge: India’s Shanti Bill could revive atomic power but let’s not abandon self-reliance efforts
By adopting the Sustainable Harnessing of Nuclear Energy for Transforming India (Shanti) Act of 2025, which subsumes and replaces both the Atomic Energy Act of 1962 and Civil Liability for Nuclear Damage Act of 2010, India is set to align its legal framework for nuclear power generation with standard global practices. Since this move could give atomic reactors a role in our transition to clean energy, it is welcome.
19.12 / 01:53
markets
UPS
Provident
Manufacturing
Research
trends
How Chinese cars are beating European tariffs
Subscribe to enjoy similar stories. WHEN THE European Union increased tariffs on Chinese battery electric vehicles (EVs) in 2024, the logic was straightforward: raise prices and imports will fall. A study published by the Kiel Institute, a think-tank, estimated that higher levies would cause Chinese car exports to plunge by 25%.
19.12 / 01:53
markets
UPS
Art
Death
President
Courts
How LA’s richest man went from billions to bust
Subscribe to enjoy similar stories. In the late 1990s, Gary Winnick donated millions of dollars to the Los Angeles Zoo and rubbed elbows with President Bill Clinton. He would soon buy the most expensive home in the country.
18.12 / 15:29
UPS
economy
Bill
Trade
President
War
country
America’s tax on foreign investors could do more damage than tariffs
Subscribe to enjoy similar stories. America needs foreign investors, and foreign investors need America. Yet clauses buried in the Republican budget bill in Congress are a threat to this crucial symbiosis.
18.12 / 14:05
markets
UPS
Platform
Software
Expedia
Research
show
A billion-dollar question hangs over the new AI search marketing industry
Subscribe to enjoy similar stories. For marketers exploring AI search, this year’s Black Friday weekend delivered both a moment of clarity and a series of questions. The websites of 20 large retailers from Best Buy to Etsy averaged 183,000 daily visits from people sent by ChatGPT and other large language models, according to marketing software firm Semrush.
18.12 / 14:05
markets
UPS
Platform
economy
Food
Experts
reports
Food delivery sees 27% rise in employment, but experts flag a hidden malaise
Subscribe to enjoy similar stories. New Delhi: India's food delivery sector directly employed 1.37 million workers in 2023-24, up from 1.08 million in 2021-22, expanding at a compound annual growth rate (CAGR) of 12.3%, according to a recent study by the National Council of Applied Economic Research (NCAER), and investment group Prosus. It thus comfortably outpaced India’s overall employment growth rate of 7.9% over the same period.
18.12 / 14:05
UPS
security
economy
President
country
Trump says US poised for economic boom. The numbers tell a different story.
Subscribe to enjoy similar stories. President Donald Trump addressed the nation on Wednesday night, extolling his economic record to date and promising a bright economic future for the U.S. in the year ahead.
18.12 / 12:59
markets
UPS
Action
Experts
International
The $8 billion black market for Venezuelan oil is suddenly closing down
Subscribe to enjoy similar stories. Venezuela has long used the same playbook as Russia and Iran to get around crippling American sanctions on its oil industry, tapping a shadowy fleet of aging vessels to carry crude to customers. President Trump’s partial oil blockade threatens to devastate this black market, which U.S.
18.12 / 08:59
UPS
IPO
Sustainability
Food
Trade
War
Vishal Mega Mart’s steady climb leaves little room for missteps
Subscribe to enjoy similar stories. Vishal Mega Mart Ltd has completed a year on the stock exchanges, and investors can scarcely complain. The shares are up 18% from the closing price on the listing date of 18 December 2024 and nearly 70% above the IPO issue price of ₹78.
18.12 / 08:03
markets
COST
UPS
Citi
Bill
Trade
reports
This retail company turned ₹1 lakh in 2013 into ₹3.3 crore today—and its growth story isn't over yet
Subscribe to enjoy similar stories. More than a decade ago, this was a small, largely overlooked retail chain with a limited footprint. Its stores were concentrated in smaller towns, markets where a large share of India's population lives and spends, but organized retail penetration remained low.
18.12 / 03:31
18.12 / 02:47
UPS
Racing
Strategy
Pool
Trade
Experts
country
SIF race accelerates, but talent shortage holds back mutual funds
Subscribe to enjoy similar stories. Mutual funds, whose plans to launch specialized investment funds (SIFs) are progressing slowly due to a shortage of skilled managers, are hiring expertise for running long-short strategies from alternative investment funds (AIFs), showed a Mint analysis. Suraj Nanda, the fund manager for equity and hybrid SIF at Tata Mutual Fund, was earlier running a long-short AIF at ICICI Prudential AMC.
18.12 / 02:03
UPS
Election
President
Photos
Inside
Interviews
Why Trump’s chief of staff isn’t going anywhere after Vanity Fair article
Subscribe to enjoy similar stories. White House chief of staff Susie Wiles is often designated by President Trump to fix problems. She spent part of Tuesday managing the fallout of a rare headache she created.
18.12 / 02:03
markets
UPS
BLOCK
Mobile
Universities
Updates
Mint Quick Edit | Can fully foreign-owned insurers help India achieve universal coverage by 2047?
Can India’s insurance sector help mobilize more long-term capital? How much of a difference will the Centre’s proposal of raising its foreign direct investment (FDI) cap to 100% from 74% make? The sector was opened up to foreign insurers via joint ventures (JVs) in 2000, but state-run LIC’s dominance remains mostly intact. After the FDI cap was lifted to 74% in 2021, a few foreign insurers raised their stakes in JVs and we saw one new entry.Full ownership would mean no local partner can block key plans, so those stakes might rise further.
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