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NPS pensioners to get more benefits under Unified Pension Scheme. Details here
NPS pensioners to get more benefits under Unified Pension Scheme. Details here

India Today

timean hour ago

  • Business
  • India Today

NPS pensioners to get more benefits under Unified Pension Scheme. Details here

In a major relief for retired central government staff, the Finance Ministry has announced extra benefits under the Unified Pension Scheme (UPS). This is especially for those who have retired under the National Pension Scheme (NPS) on or before March 31, CAN GET THESE BENEFITS?If you're a central government employee who retired under the NPS and has completed at least 10 years of service, you are eligible. If the retiree has passed away, their legally wedded spouse can also claim UPS benefits will be given in addition to your existing NPS pension. As per a press release dated May 30, 2025, 'The Central government NPS subscribers who retired on or before 31/03/2025 with minimum 10 years of qualifying service or their legally wedded spouse can claim the following additional benefits under Unified Pension Scheme (UPS), over and above the NPS benefits already claimed.'WHAT ARE THE ADDITIONAL BENEFITS?Eligible NPS retirees can either get a one-time payment based on their last drawn Basic Pay and Dearness Allowance (DA) for every six months of service, or receive a monthly top-up if their current pension is less than what they'd get under UPS with Dearness if any, will be paid with simple interest, as per the PPF interest TO APPLY?advertisementThe Ministry said that retirees can apply either online or offline, they need to visit their Drawing and Disbursing Officer (DDO) and submit the form. Those applying online can do so through the official website. The deadline to apply is June 30, earlier this year, government data showed that over 6.4 crore people joined the EPF and ESI schemes between September 2017 and November 2019, while more than 16 lakh individuals enroled under the NPS during the same Watch

The Smartest High-Yield Stocks to Buy With $100 Right Now
The Smartest High-Yield Stocks to Buy With $100 Right Now

Yahoo

timea day ago

  • Business
  • Yahoo

The Smartest High-Yield Stocks to Buy With $100 Right Now

UPS is a turnaround with a 6.7% yield and a price that's just at the cusp of $100. Brookfield Renewable Partners has a 6.5% yield and a long runway for growth. Enterprise Products Partners offers a 6.8% yield and steady distribution growth. 10 stocks we like better than United Parcel Service › You can buy some smart high-yield investments with as little as $100 if you take your time and act selectively. Right now, United Parcel Service (NYSE: UPS), Brookfield Renewable Partners (NYSE: BEP), and Enterprise Products Partners (NYSE: EPD) all have 6% yields or higher, and share prices that are below $100. Here's a look at why each one might be a good fit for your portfolio right now. United Parcel Service (or UPS) is one of the largest package delivery services in the world. During the coronavirus pandemic, investors bid up its shares because they extrapolated demand from people staying at home too far into the future. When the world opened back up, UPS fell short of Wall Street's lofty expectations. At that point, the company started to revamp its business, focusing on cost-cutting and increasing margins. When it finally looked like UPS had hit an inflection point, the company announced it was voluntarily reducing the business it was doing with Amazon, its largest customer. And shortly thereafter, the tariff upheaval started. The stock remains in Wall Street's doghouse even though it is making progress on its turnaround. In fact, the move away from Amazon is really a sign of strength, not weakness. UPS is basically trying to move away from a high-volume, low-margin customer. The 6.7% dividend yield is a sign that investors are worried about the future. But if you don't mind owning a turnaround stock, UPS looks like it has its business trending in the right direction again, even if the rebound is still a few years away. The lofty yield is good compensation for waiting. Brookfield Renewable Partners owns a portfolio of renewable energy assets, including in the hydroelectric, solar, wind, battery, and nuclear categories. Its portfolio is spread across the globe, with operations in North America, South America, Europe, and Asia. It is as close to a one-stop shop in the renewable power sector as you can find on Wall Street. And it has a lofty 6.5% distribution yield. Part of the reason Brookfield's yield is so high is that investors have lost interest in clean energy stocks. That's an opportunity for those who think long term. In the U.S. market, wind, solar, and storage generation are expected to increase by 300% between 2020 and 2050, according to the National Electrical Manufacturers Association. That's all part of a massive increase in the demand for electricity that is taking place, with demand growth over the next 20 years expected to be six times larger than over the last 20 years. This is a global phenomenon, and Brookfield Renewable Partners is well-positioned to benefit all along the way. Meanwhile, you can collect a huge yield while the slow and steady shift from dirtier carbon energy sources toward cleaner alternatives plays out. Two things beyond the lofty 6.8% yield make this master limited partnership (MLP) stand out. The first is the more important one because it is the business behind the yield. Enterprise Products Partners owns midstream energy assets, like pipelines, that help to move oil and natural gas around the world. It charges fees for the use of these assets so it generates reliable cash flows through the entire energy business cycle. Add in an investment-grade balance sheet and distribution coverage by a 1.7 multiple in 2024, and this is a rock-solid income stock. A lot would have to go wrong for a distribution cut to be on the table. In fact, given the $7.6 billion capital investment plan in the works, it is far more likely that investors will see more distribution increases in the future. And that brings up the second reason to like Enterprise: It has increased its distribution annually for 26 consecutive years and counting. This midstream business is boring and reliable, and that's exactly why you'll likely find it to be a smart high-yield investment to add to your portfolio right now. There is more than one way to add a high yield to your dividend portfolio. UPS is a turnaround story. Brookfield Renewable Partners is an option with a strong growth story behind it. And Enterprise is a boring high-yield business that even the most conservative of income investors could easily love. Before you buy stock in United Parcel Service, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and United Parcel Service wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,985!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $853,108!* Now, it's worth noting Stock Advisor's total average return is 978% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Reuben Gregg Brewer has positions in Brookfield Renewable Partners. The Motley Fool has positions in and recommends Amazon. The Motley Fool recommends Brookfield Renewable Partners, Enterprise Products Partners, and United Parcel Service. The Motley Fool has a disclosure policy. The Smartest High-Yield Stocks to Buy With $100 Right Now was originally published by The Motley Fool

USPS lowers overnight shipping prices to take down Fedex, UPS
USPS lowers overnight shipping prices to take down Fedex, UPS

Miami Herald

time2 days ago

  • Business
  • Miami Herald

USPS lowers overnight shipping prices to take down Fedex, UPS

Remember back in the olden days, circa 2015, when we had to wait six whole days to get our Amazon orders delivered? By 2018, the delivery window had shrunk to a barely tolerable three days (I joke). And today? The average delivery time is closer to two days, according to a 2024 Science Direct report. Don't miss the move: Subscribe to TheStreet's free daily newsletter The expectations around e-commerce delivery have certainly changed in a short time, and increasingly, plenty of us want our goods delivered on the same day we order them. The demand can be crushing for retailers and carriers, including small businesses that are trying to compete with the Amazons and Walmarts of the world. They're looking for ways to deliver quickly at an affordable cost. The United States Postal Service (USPS) may be a much-maligned institution, often criticized being slow and overpriced, but this time it's trying to be a problem-solver. To meet consumers' expectations, the USPS has quietly launched Priority Mail Next Day, a new service aimed at online retailers and small businesses. The new service allows businesses to get their goods into the hands of their customers within a day. In order for packages to be eligible for the next-day service, the packages (20 pounds or less) have to be delivered to a USPS processing center by 6 p.m. If they arrive after that cutoff, they'll be delivered in two days. Priority Mail Next Day is available by contract only, meaning it's for businesses with an agreement with the USPS. It is currently available in 62 U.S. markets with plans to expand. Related: Major logistics and trucking company files Chapter 11 bankruptcy Despite its limited rollout, USPS officials hinted at nationwide ambitions for Priority Mail Next Day, according to a USPS informational webinar. Since each contract is based on a business's volume, the USPS does not publish shipping rates for the new service. The launch of Priority Mail Next Day highlights the intensifying competition among the "big three" carriers: USPS, FedEx (FEDEX) , and UPS (UPS) . All three are racing to serve the growing needs of e-commerce sellers, particularly in regional and last-mile delivery zones. While FedEx and UPS have long dominated premium overnight shipping, their services often come with complex rate structures, fuel surcharges, and rural delivery fees, all costs that eat into retailer margins. USPS is working to position itself as the simpler and more cost-effective alternative to UPS and FedEx, without frills or complicated fees. The new Priority Mail Next Day is an extension of the USPS Ground Advantage program which launched in 2023 and offers a two- to five-day delivery window. Unlike the new overnight service, anyone can ship via Ground Advantage, no contract required. Both options make USPS attractive to small and mid-sized online retailers that need reliable regional shipping but lack the volume to negotiate steep discounts from FedEx or UPS. More retail: Aldi releases viral Trader Joe's item that is always out of stock Home Depot, Lowe's rivals strategic growth planTrader Joe's making huge mistake not copying Walmart, Target Nearly 70% of consumers say fast shipping influences their decision to complete a purchase, according to Digital Commerce 360, and Capital One Shopping says 80% of consumers expect retailers to offer same-day delivery. This growing expectation is putting increased pressure on retailers and carriers alike, so businesses, including mom-and-pop independent retailers, are constantly searching for shipping solutions that meet customer expectations without breaking their logistics budgets. One issue that is likely to increasingly plague retailers and that no carrier can solve: the faster the delivery time, the more likely the products are to be returned. That's according to a Science Direct study that looked at how shorter delivery times affect returns. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

The Smartest High-Yield Stocks to Buy With $100 Right Now
The Smartest High-Yield Stocks to Buy With $100 Right Now

Globe and Mail

time2 days ago

  • Business
  • Globe and Mail

The Smartest High-Yield Stocks to Buy With $100 Right Now

You can buy some smart high-yield investments with as little as $100 if you take your time and act selectively. Right now, United Parcel Service (NYSE: UPS), Brookfield Renewable Partners (NYSE: BEP), and Enterprise Products Partners (NYSE: EPD) all have 6% yields or higher, and share prices that are below $100. Here's a look at why each one might be a good fit for your portfolio right now. 1. United Parcel Service is a turnaround story United Parcel Service (or UPS) is one of the largest package delivery services in the world. During the coronavirus pandemic, investors bid up its shares because they extrapolated demand from people staying at home too far into the future. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » When the world opened back up, UPS fell short of Wall Street's lofty expectations. At that point, the company started to revamp its business, focusing on cost-cutting and increasing margins. When it finally looked like UPS had hit an inflection point, the company announced it was voluntarily reducing the business it was doing with Amazon, its largest customer. And shortly thereafter, the tariff upheaval started. The stock remains in Wall Street's doghouse even though it is making progress on its turnaround. In fact, the move away from Amazon is really a sign of strength, not weakness. UPS is basically trying to move away from a high-volume, low-margin customer. The 6.7% dividend yield is a sign that investors are worried about the future. But if you don't mind owning a turnaround stock, UPS looks like it has its business trending in the right direction again, even if the rebound is still a few years away. The lofty yield is good compensation for waiting. 2. Brookfield Renewable Partners has a growth runway Brookfield Renewable Partners owns a portfolio of renewable energy assets, including in the hydroelectric, solar, wind, battery, and nuclear categories. Its portfolio is spread across the globe, with operations in North America, South America, Europe, and Asia. It is as close to a one-stop shop in the renewable power sector as you can find on Wall Street. And it has a lofty 6.5% distribution yield. Part of the reason Brookfield's yield is so high is that investors have lost interest in clean energy stocks. That's an opportunity for those who think long term. In the U.S. market, wind, solar, and storage generation are expected to increase by 300% between 2020 and 2050, according to the National Electrical Manufacturers Association. That's all part of a massive increase in the demand for electricity that is taking place, with demand growth over the next 20 years expected to be six times larger than over the last 20 years. This is a global phenomenon, and Brookfield Renewable Partners is well-positioned to benefit all along the way. Meanwhile, you can collect a huge yield while the slow and steady shift from dirtier carbon energy sources toward cleaner alternatives plays out. 3. Enterprise Products Partners is an income tortoise Two things beyond the lofty 6.8% yield make this master limited partnership (MLP) stand out. The first is the more important one because it is the business behind the yield. Enterprise Products Partners owns midstream energy assets, like pipelines, that help to move oil and natural gas around the world. It charges fees for the use of these assets so it generates reliable cash flows through the entire energy business cycle. Add in an investment-grade balance sheet and distribution coverage by a 1.7 multiple in 2024, and this is a rock-solid income stock. A lot would have to go wrong for a distribution cut to be on the table. In fact, given the $7.6 billion capital investment plan in the works, it is far more likely that investors will see more distribution increases in the future. And that brings up the second reason to like Enterprise: It has increased its distribution annually for 26 consecutive years and counting. This midstream business is boring and reliable, and that's exactly why you'll likely find it to be a smart high-yield investment to add to your portfolio right now. Three high-yield options for your portfolio There is more than one way to add a high yield to your dividend portfolio. UPS is a turnaround story. Brookfield Renewable Partners is an option with a strong growth story behind it. And Enterprise is a boring high-yield business that even the most conservative of income investors could easily love. Should you invest $1,000 in United Parcel Service right now? Before you buy stock in United Parcel Service, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and United Parcel Service wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,985!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $853,108!* Now, it's worth noting Stock Advisor 's total average return is978% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Reuben Gregg Brewer has positions in Brookfield Renewable Partners. The Motley Fool has positions in and recommends Amazon. The Motley Fool recommends Brookfield Renewable Partners, Enterprise Products Partners, and United Parcel Service. The Motley Fool has a disclosure policy.

DHL inks Shopify partnership for easier seller access
DHL inks Shopify partnership for easier seller access

Yahoo

time2 days ago

  • Business
  • Yahoo

DHL inks Shopify partnership for easier seller access

This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. DHL is now a pre-integrated partner in Shopify's shipping platform, giving Shopify sellers easier access to the logistics giant's network and delivery services, according to a May 26 announcement. The integration with Shopify Shipping, which offers merchants discounted shipping rates and other services, is live in the U.S. and Germany. By 2026, DHL shipping options on Shopify will also be available in other major markets in the Americas, Europe and the Asia-Pacific region. 'Sellers on Shopify will no longer need to onboard a logistics provider independently, so that they can streamline operations and reduce administrative burdens,' the announcement said. 'Also, the DHL integration helps sellers manage complex customs, legal, and administrative tasks.' DHL is among several logistics providers that have secured shipping partnerships with e-commerce platforms. FedEx rolled out rate discounts in Pitney Bowes' ShipAccel and Auctane's product suite last year, while UPS and the U.S. Postal Service have their own arrangements with major platforms. DHL, UPS and the Postal Service are carriers with U.S. coverage that sellers can access on Shopify Shipping with discounted rates. For DHL Express, Shopify's website touts savings of up to 80% on international shipping. For carriers, these partnerships can be appealing by giving them the opportunity to serve a larger pool of customers, particularly in the lucrative small- and medium-sized business segment. For sellers, the arrangements often provide lower shipping rates than what they could secure through individual contract negotiations. DHL and Shopify's new partnership in particular aims to offer millions of e-commerce merchants a quicker and more efficient way to leverage domestic and cross-border logistics services. One perk for U.S. merchants tapping into the collaboration is Delivered Duty Paid shipping, removing the risk of shoppers facing unplanned fees. 'This service protects consumers from unexpected additional fees such as customs charges or import sales tax, as DDP shipping ensures that the merchant has taken care of all costs and formalities,' the announcement said. Recommended Reading Flexport, Shopify strengthen logistics ties with merchant perks

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