ubs report

India's semiconductor industry is poised for significant expansion. A ubs report projects a doubling of end-demand revenues by 2030. The market is expected to grow at a 15 per cent CAGR. Localisation efforts will contribute substantially to revenue. India's talent pool and supportive policies are key drivers. Multinational companies are diversifying supply chains, benefiting India.

Gold prices in India surged to a record high of Rs 96,450 per 10 grams, driven by strong demand and escalating US-China trade tensions. Global spot gold reached USD 3,237.39 per ounce, fueled by safe-haven demand amid economic uncertainty. Analysts predict a continued bullish trend for gold due to geopolitical instability and central bank diversification away from the US dollar.

Microsoft has surpassed Apple as the world's most valuable company amidst a stock decline triggered by new US tariffs. Concerns over these tariffs, particularly on Chinese imports, have heavily impacted Apple due to its reliance on China.

Gold prices have surged past $3,200 for the first time, fueled by a weaker US dollar and growing worries about global economic stability amid escalating trade tensions. The rally is supported by geopolitical uncertainty, strong central bank buying, and increased investment in gold-backed ETFs. Analysts predict further gains, potentially reaching $3,400-$3,500 per ounce in the coming months.

CLSA has downgraded Tata Motors due to potential drops in JLR volumes and diminished EBIT margins. Citigroup suggests a 'sell' for AB Fashion, anticipating no further M&A and high leverage impact. UBS has also downgraded IndusInd Bank amidst concerns, while Jefferies remains optimistic about HDFC Bank's growth.

US stocks sharply declined on Thursday, partially reversing Wednesday's gains, amid ongoing trade war anxieties. The S&P 500 fell 3%, the Dow dropped 981 points, and the Nasdaq slid 3.7%. Despite a tariff pause by President Trump, concerns persist over tariffs on Chinese goods and potential impacts on corporate earnings.

Tyreek Hill’s 911 scandal exposes a violent domestic dispute at his Miami condo as wife Keeta files for divorce and Dan Le Batard confronts media complicity.

US stocks were volatile as Wall Street awaited President Trump's tariff announcement, which could impact global trade. The S&P 500 and Dow Jones experienced losses. Tesla's stock fell due to lower vehicle deliveries. Investors are anxious about the economic impact. Job growth in March was strong. Treasury yields continued to decline.

Approximately $1.7 trillion was wiped from the US' S&P 500 Index as markets opened due to fears of President Trump's tariffs potentially triggering a recession. Key companies like Apple, Nike, and Walmart, with overseas manufacturing, recorded major declines.

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The New York Islanders will face the Vancouver Canucks in an NHL game on March 26, 2025, at UBS Arena. Both teams have similar recent records, each with 5 wins and 5 losses in their last 10 games. Key players from both teams are sidelined due to injuries. The New York Islanders are slightly favored to win.

US stock markets had mixed reactions as Trump's new 25% tariff on imported cars affected automakers like General Motors and Ford. Tesla and Rivian, with more US-based production, saw gains. Positive economic reports showing fewer unemployment benefit claims and strong growth helped stabilize markets. European and Asian markets showed varied responses based on local conditions.

Switzerland's largest bank UBS mandates employees to work from the office at least three days a week and bans remote work on Fridays and Mondays. This move mirrors Deutsche Bank's 2024 policy. Meanwhile, JPMorgan Chase has reinforced a five-day office workweek, dismissing employee petitions to relax this rule.

Brenden Gallagher, winger for the Montreal Canadians, announced the passing of his mother, Della, after a long battle with brain cancer. She was diagnosed more than three years ago and had been fighting courageously. Gallagher expressed his gratitude for the memories they shared and the treatment she received. The team supported him during this difficult time.

The Cyberabad police in Telangana have filed cases against 25 individuals, including well-known Telugu film actors and social media influencers, for allegedly endorsing illegal gambling and betting platforms. Among the accused are prominent actors such as Rana Daggubati, Prakash Raj, Vijay Deverakonda, Manchu Lakshmi, Pranitha, and Nidhi Agarwal. While most of the accused celebrities have not yet commented on the case, actors Prakash Raj, Vijay Deverakonda, and Rana Daggubati have responded to the matter through official statements.

UBS has initiated coverage of BSE with a 'buy' rating, highlighting diverse revenue streams and potential margin improvement. Goldman Sachs has a 'sell' rating on Dixon Technologies due to the loss of PLI benefits. HSBC upgraded Tata Motors to 'buy', despite cutting the target price. Citi gives HPCL a 'buy' rating, while Elara Securities advises to accumulate Varun Beverages.

India is likely to witness a $50 billion consumption and savings boost due to the wage revision for central government employees and pensioners in January 2026. Around 3.1 crore people are expected to benefit, with UBS predicting the hike to have a stable impact on India's fiscal position, favoring savings over consumption.

Ciara showcased vibrant energy at Trinidad and Tobago’s 2025 Carnival, delighting fans in a blue-feathered costume. Her husband, Russell Wilson, reacted playfully on Instagram, sparking laughter. The couple, married since 2016, celebrated the festival’s cultural significance. Ciara's participation highlights her appreciation for the event, marking her first but not last visit to Trinidad.