UPS Financial News

Mint. Madrid-based Amadeus is a technology firm that provides software solutions for the global travel and tourism industry. Currently, the company is engaged in more than 250 artificial intelligence-based experiments and expects a more prominent presence of artificial intelligence-based systems across the travel ecosystem over the next 1-2 years. “We expect more of artificial intelligence usage in areas around servicing, customer support, digital virtual assistant, and Indian airlines are also assessing ways which will help them to push the most relevant information to travellers during their journeys," Ganeshan said.

illicit liquor in Tamil Nadu's Kallakurichi district, officials said on Thursday. The officials have expressed concern that the death toll may go up. Kallakurichi District Collector MS Prasanth visited those undergoing treatment in Government Medical College Hospital in the district.

Infosys, has taken a softer and more flexible approach when it comes to returning to the “work from office” mode after the pandemic. Employees at the Bengaluru-based company have leveraged more remote working options in FY24 than in FY23, shows its ESG (environmental, social, and governance) report that ET has seen. This comes at a time when other tech companies are bringing in stricter mandates for employees to work from office.

incentives by way of discounts, exchange bonuses, assured gifts to the tune of 5-11% — the highest in five years — in a bid to tempt buyers amid mounting inventory as sales slow, following a record FY24. The offers aren't just on older models launched two to three years ago but even on those that went on sale barely a year ago, depending on fuel type, variants and brands. They cut across all body types — hatchbacks and sedans to SUVs. One car maker, Skoda India, has lowered prices. Tata Motors is offering consumer benefits of up to ₹1 lakh on the second-generation Nexon compact SUV launched in September 2023. The Honda Elevate midsize SUV, also introduced around the same time, comes with benefits of ₹55,000 for corporate buyers under the Summer Bonanza Offer. Maruti Suzuki is offering benefits of up to ₹72,000 on the Fronx that went on sale in April 2023 and up to ₹95,000 on the Grand Vitara.

tax reforms in the first full budget of the newly elected government. These include the conditional waiver of interest or penalty on tax notices issued between 2017 and 2020, barring cases of wilful default. The budget is likely to be announced in July. The GST Council may also discuss crunching timeline for issuing notices, a monetary limit for pursuing disputes at the GST Appellate Tribunal, and a sunset date for anti-profiteering cases to reduce tax litigation and improve ease of doing business.

incentive scheme for electric vehicles will be liable to pay penalties in event of non-adherence with laid-down localisation norms, a senior official told ET. Companies certifying vehicles for subsidies under Faster Adoption and Manufacturing of Electric Vehicles (FAME 3) — scheduled to be announced in the upcoming budget — will have to undergo a techno-commercial audit twice a year to ascertain they are meeting localisation guidelines. In the event of irregularities, manufacturers would have to return claimed subsidies with interest at a rate 3% higher than MCLR (marginal cost of funds-based lending rate) in penalties, the official said.

Boeing's Starliner spacecraft is facing yet another plague of issues while the life of two NASA astronauts it had carried from the Earth, hangs in the balance. the spacecraft was entrusted to carry two NASA astronauts on a round trip to the International Space Station (ISS) and back but it has just touched its halfway mark and the return of the spacecraft back to the Earth has become a challenge in itself. According to a CNN report, the astronauts piloting the Starliner spacecraft have now extended their stay aboard the International Space Station, while the problems in the spacecraft are still being assessed by engineers at Boeing. Both these astronauts are in an unsure position as Boeing staff is scrambling all resources to understand and resolve the problems around this spacecraft so that these astronauts can safely return home.

Conservatives party headed by Prime Minister Rishi Sunak. Various national surveys have predicted a massive defeat for the party. Voters in the UK will cast their vote to elect their representatives to the House of Commons which is the lower house of the British Parliament on July 4. Further, one of the surveys has predicted that many sitting Ministers are expected to lose the elections from their own constituencies. The party has been in power since 2010 and the anti-incumbency seems to be catching up with the party. Surveys:

Netflix will be releasing its documentary titled ‘Simone Biles Rising’ in June. This will trace the journey of Simone Biles who is part of the US Gymnastic team, up to the Paris Olympics in 2024. The trailer of this documentary has been released by the OTT platform. This comes immediately after Prime Video is expected to release the ‘Twelve Final Days’ involving the life of another sporting legend Roger Federer on June 20. The Simon Biles Rising documentary has a logline which reads “one of the most powerful comebacks in history”.

AI meme coin WienerAI ($WAI) has been stealing the show with its ongoing presale, which recently exploded past the $6 million milestone.

Higher mortgage payments during the Bank of Canada’s tightening cycle have forced only a small number of Canadians to take drastic measures and sell their home.

A recent decision by the Federal Court of Appeal serves as a reminder to all Canadians that if you actively trade marketable securities in your tax-free savings account, the Canada Revenue Agency may consider this activity to constitute a business, and the TFSA, rather than being tax free, could be subject to tax on its business income.

Real estate investor Grant Cardone joins ‘FOX & Friends’ to weigh in, arguing it is the worst time to buy a home in his lifetime. 

working moms across New York City, allows them to take paid break time to pump breast milk while at their jobs. Women employees who are enjoying motherhood, will get the additional perk of an entitled 30 min break time who need to pump breast milk while being at work. Pumping breast milk at jobs no more a hassle with new New York law

There's a new twist on the guestbook at a wedding or other event

The U.S. chipmaker onsemi is planning a multi-year investment of up $2 billion in its production facility in the Czech Republic

New York moms returning to work after giving birth will now get paid break time when they need to pump breast milk at their jobs, under a new law

The mayor of Kansas City, Missouri, says an economic ‘border war’ between his state and Kansas has restarted

42 Macro founder and CEO Darius Dale discusses whether Fed rate cuts will impact the resilient U.S. economy on 'Mornings with Maria.'

PrimeXBT , a leading multi-asset trading platform, has just unveiled its new platform revamp. The redesign aims to make using the platform even easier for all users while adding to the wide range of features already on the crypto broker.

Mint. Around 50-60% of the new centers would be set up in these states, he added. The move aims to expand IPPB's digital payment channels to serve its 90 million customers.Transactions by IPPB customers have increased tenfold to 10 million per day over the past three and a half years, with 80-90% of these transactions serving its rural customer base, and 5-10% catering to semi-urban areas.