UPS Financial News
11.12 / 03:45
markets
UPS
economy
show
Department
Fed Chair Jerome Powell says U.S. may be drastically overstating jobs numbers
Subscribe to enjoy similar stories. Fed Chair Jerome Powell pointed on Wednesday to a job-market risk that economists have been worried about for months: Official statistics could be drastically overstating recent hiring. Powell said that Fed staffers believe that federal data could be overestimating job creation by up to 60,000 jobs a month.
11.12 / 03:45
UPS
economy
Continental
President
War
peace
U.S. blueprint to rewire economies of Russia, Ukraine sets off clash with Europe
Subscribe to enjoy similar stories. The Trump administration in recent weeks has handed its European counterparts a series of documents, each a single page, laying out its vision for the reconstruction of Ukraine and the return of Russia to the global economy. The proposals have sparked an intense battle at the negotiating table between America and its traditional allies in Europe.
11.12 / 00:55
UPS
Provident
Booking
Platform
Airlines
reports
travelers
From Airbus to bus: Private operators hope to retain travellers as demand rises amid ongoing IndiGo fiasco
Subscribe to enjoy similar stories. Private bus operators and online ticketing platforms are hoping to retain more users as travellers stranded by the IndiGo flight cancellation fiasco seek out last-minute travel alternatives. From local travel companies to electric-bus startups, everyone is vying for a share of a market that has lit up like a Christmas tree.
11.12 / 00:55
COST
UPS
Aviat
Airlines
Research
reports
Courts
Analysts now expect IndiGo's financials to be hit worse than they thought
Subscribe to enjoy similar stories. A ten-day turmoil and a compulsory flight reduction will slam the financials of IndiGo, three equity analysts said, even as the regulator stepped up scrutiny of India's largest airline. IndiGo, they said, may witness a 10% decline in full-year revenue and a 17-30% lower profitability in FY26, as it makes a halting recovery from its biggest disruption.
10.12 / 13:11
markets
UPS
Manufacturing
Strategy
country
Pharmaceuticals
French drugmaker Servier firms up India focus with manufacturing tie-ups, trial plans
Subscribe to enjoy similar stories. French pharmaceutical group Servier is sharpening its India strategy with a string of new oncology launches focused on rare cancers, plans for local manufacturing of active ingredients, and a move to bring global clinical trials to the country for the first time. The shift marks a significant elevation of India in Servier’s global priorities, aligning it almost in step with launches in the western markets.
10.12 / 13:11
UPS
Provident
Booking
War
show
country
peace
Using Russian assets to help Ukraine is looking like Europe’s least-bad option
Subscribe to enjoy similar stories. Ukraine is running out of money. Europe has a plan that would largely balance the books, win it a seat in the U.S.-led negotiations to end the war and equip Kyiv to seek better terms for peace.
10.12 / 10:47
UPS
Booking
security
awards
Cycling
stage
Suzlon’s growth runway needs support from solid execution
Subscribe to enjoy similar stories. Suzlon Energy Ltd’s stock is down about 20% over the past six months, weighed down by the fear that India’s wind cycle is losing momentum. Still, it’s worth noting that Suzlon has assembled a robust medium-term orderbook pipeline.
10.12 / 10:47
markets
COST
UPS
Digital
Food
country
innovations
Manish Tiwary wants to make Nestlé India faster, flexible and focused with the use of technology
Subscribe to enjoy similar stories. NEW DELHI: “Faster, more flexible and more focused." That’s what Nestlé India chairman and managing director (MD) Manish Tiwary wants the packaged foods company to become. Less than a year at the company, the former Amazon India country manager and Unilever executive plans to achieve these goals by making the company more tech-ready across operations, improving its reach in the urban and rural markets, and using micro-markets to step up innovation and premium launches.
10.12 / 09:31
markets
COST
UPS
Ripple
Strategy
show
RBI rate cut: Time to rethink your home loan strategy?
Subscribe to enjoy similar stories. NEW DELHI : The Reserve Bank of India’s latest 25‑basis-point (bps) repo‑rate cut—the fourth in 2025, bringing the total reduction to 125bps—has brought cheer to home‑loan borrowers. The rate cuts will particularly benefit borrowers who took home loans in 2020-2022 at rates of 6-6.5%, but saw the rates rise to 9-9.5% within a year following the central bank’s cumulative repo-rate hike of 225bps between May 2022 and March 2023.
10.12 / 09:31
markets
COST
UPS
Man
reports
Updates
Zuckerberg's metaverse cuts shouldn’t be interpreted as a retreat from his passion project
A sense of smug satisfaction wafts across the internet whenever a report indicates Mark Zuckerberg’s metaverse vision is in trouble. So it was last week when my colleague Kurt Wagner broke the news the Meta was planning cuts of up to 30% in the Reality Labs division that handles the experimental technology.“Finally,” offered Henry Blodget, a man who made his name hyping doomed dot-com stocks. “Points for trying.
10.12 / 08:33
COST
UPS
Highways
guidelines
Traffic
Mint Explainer | Why new norms for service roads are set to push up India’s highway project costs
Subscribe to enjoy similar stories. India’s highway projects are set to become more expensive after the government mandated that service roads and slip roads must be built to the same standards as the main carriageways. The new guidelines—notified by the ministry of road transport and highways (MoRTH)—require developers to repair, strengthen or fully construct service roads before work begins on the main highways.
10.12 / 07:35
UPS
Target
FIVE
Food
show
Retail inflation likely inched up to 0.8% in November: Mint poll
Subscribe to enjoy similar stories. India’s retail inflation likely inched up to 0.8% in November from a record low of 0.25% in October, largely driven by fading base effects, a Mint poll of 20 economists showed. While inflation is expected to have bottomed-out in October, prices pressures are expected to remain weak both in foods (due to a good monsoon and harvest) and non-foods (due to GST cuts and possibly weak demand).
10.12 / 07:35
markets
UPS
Mobile
Research
Indus
Bhavish Aggarwal tops up Ola Electric share pledges as stock hits record low
Subscribe to enjoy similar stories. NEW DELHI: Ola Electric Mobility founder and chairman Bhavish Aggarwal has pledged an additional 3% of his stake in the listed electric two-wheeler company to top up collateral against loans taken, as the stock continues to slide. Shares hit an all-time low of ₹33.20 per share on 9 December.
10.12 / 03:43
UPS
Apple
shooting
AirPods
folk
Videos
Your guide to the smartest magnetic accessories of 2025
Subscribe to enjoy similar stories. For years, MagSafe used to be one of those iPhone walled garden things, the kind of feature that iPhone users used to take for granted and flex in the company of Android users, even as the latter pretended not to care.
10.12 / 02:11
markets
UPS
economy
Trade
President
Updates
Malhotra’s first year as RBI governor saw India’s economy break into a Goldilocks run but we can’t take it for granted
Uneasy lies the head that wears the crown,” wrote Shakespeare in his play Henry IV. The English playwright was talking about a king by that name, not of any central bank governor.
10.12 / 01:51
UPS
IPO
Dreams
Tesla
SpaceX
reports
What a SpaceX IPO would mean for Tesla investors.
Subscribe to enjoy similar stories. Tesla investors got an early Christmas present: a reason to dream about what might be coming in the new year. Tuesday, Bloomberg reported that Elon Musk’s space technology company SpaceX might be headed for a 2026 initial public offering, raising up to $30 billion in the process.
10.12 / 01:51
Hollywood
UPS
Entertainment
Netflix
wellness
President
Warner Bros
Behind Paramount’s relentless campaign to woo Warner Discovery and President Trump
Subscribe to enjoy similar stories. Paramount Chief Executive David Ellison knew his latest bid for Warner Bros. Discovery was in trouble when the company’s CEO David Zaslav started ghosting him.
10.12 / 01:43
markets
UPS
Trade
President
country
Updates
Mint Quick Edit | A US anti-dumping duty on Indian rice won’t hurt much but would send the wrong signal
Just hours before a US delegation arrived in New Delhi to wrap up a long-pending trade deal, Donald Trump hinted at a fresh tariff to be levied on India. Speaking at the White House, the US President expressed his displeasure over Indian rice shipments to the US after complaints from a local farmer lobby over cheap imports.
10.12 / 01:43
markets
Hollywood
UPS
Entertainment
Netflix
President
War
Warner Bros
Netflix and Paramount are battling for more than just Warner Bros
Subscribe to enjoy similar stories. THE CREDITS were ready to roll. Netflix, the world’s biggest streaming company, had announced on December 5th that it was to acquire most of Warner Bros Discovery, one of the biggest names in old-fashioned moviemaking, in a deal valued at $83bn.
10.12 / 01:43
UPS
security
President
War
Battlefield
peace
Trump pushes Ukraine to accept peace deal, saying it is losing
Subscribe to enjoy similar stories. President Trump dialed up pressure on Ukraine to swiftly accept a U.S.-designed peace plan, hardening his position toward the embattled country and its European backers, who insist U.S. security guarantees are vital to a peace deal.
10.12 / 01:43
markets
UPS
Waters
Manufacturing
Parke
Trade
Four fundamentally strong small-cap stocks trading up to 60% below their 52-week highs
Subscribe to enjoy similar stories. After a strong rally from FY20 to FY24, Indian small-cap stocks have largely traded sideways over the past year. The consolidation comes on the back of stretched valuations, tighter liquidity, macro pressures such as higher interest rates and a weaker rupee, softer earnings trends, and an unusually heavy pipeline of new IPOs absorbing investor flows.
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