UPS Financial News

Chandrababu Naidu has made history by becoming the first chief minister of Andhra Pradesh to get a fourth term, outperforming his father-in-law and TDP founder NT Rama Rao who had got three terms in united Andhra Pradesh.

Siddaramaiah on Tuesday hit back at the Opposition BJP, sending a firm message to the critics of the Congress party’s guarantee schemes by pledging to remain committed to their continued implementation while heaping lavish praises on the Shakti programme – the free bus ride for women – on the day it completed a year since launch.

Bengaluru city's parks would now be open to the public from 5.00 am to 10.00 pm, deputy chief minister DK Shivakumar said on Tuesday. The decision, along with several other climate initiatives announcements, comes at a time when the city’s long overdue civic body polls have been expected to be declared.

Reasons to BuyReasons to AvoidThe HP Laptop 15s with AMD Ryzen 3 5300U is a versatile option for those seeking a balance of performance and portability. Equipped with 8GB DDR4 RAM and a 512GB SSD, it ensures smooth multitasking and ample storage.

Realme GT 6 confirmed to be powered by Snapdragon 8s Gen 3 chip, feature 5,500mAh battery: All we know so farAs per a leak by tipster Yogesh Brar on X (formerly Twitter), CMF Phone 1 will have a box price of ₹19,999 for the 6GB RAM/128GB storage variant. Moreover, the leak suggests that the actual cost of the phone may be around the ₹17,000 - ₹18,000 mark.Do note that this is the tipped price of the device and the actual retail price will only be revealed during the official launch.Also Reas | Best phones under ₹15,000 in June 2024: Motorola G64, Samsung Galaxy F15 and moreReportedly, the CMF Phone 1 is likely to be rebranded version of recently launched Nothing Phone (2a) with a less powerful chipset and no glyph interface.

Krautzberger will join the asset manager in August after 19 years at BlackRock, where he most recently worked as head of EMEA fundamental fixed income. Before that, he was CIO at BlackRock Asset Management Deutschland. Before joining Merrill Lynch Investment Managers in 2005, which later merged with BlackRock in 2006, he headed up the European fixed income team at Union Investment. In his new role, Krautzberger will oversee the management of €171bn fixed income assets, reporting to global head of investments Deborah Zurkow. He will also become a member of AllianzGI's investment execut...

Realme GT 6 is confirmed to be powered by the Qualcomm Snapdragon 8s Gen 3 chipset and will feature a dual VC cooling system to prevent the phone from overheating during intense gaming sessions.The smartphone will be powered by a 5,500mAh battery and will also feature an advanced power chip. While a similar battery chip was recently seen in the Infinix Note 40 Pro, what such a chip will do in the Realme GT 6 is anyone's guess at this point.Meanwhile, the phone will also come with a 120W SUPERVOOC charger, which will take the GT 6 from 0-100 in 28 minutes and from 0 to 50% in just 10 minutes.

Modi 3.0 stock pick: After the formation of Modi Cabinet 2024, market experts are busy finding value picks on Dalal Street as most of the business and economy-related portfolios have been given to the same ministers who held the ministry in Modi 2.0. In this line, stock market experts predict that the Modi 2.0 policies will continue and catch momentum. They said that Modi government is committed to increase ethanol blending in petrol fuel to around 20 percent which is at around 14 percent only.

Madison Ventures managing director Mitch Roschelle analyzes the housing market and reveals some of the best places to live outside of big cities on 'The Big Money Show.'

The first interest rate cut from the Bank of Canada in more than four years will not be enough to help most prospective homebuyers feeling sidelined by high borrowing costs, new polling suggests.

Zomato, is set to receive an infusion of ₹300 crore in fresh capital from its parent company, regulatory filings sourced via Tofler have revealed, according to a report.The latest investment brings Zomato's total investment in Blinkit to ₹2,300 crore since its acquisition in August 2022, Moneycontrol reported. The continuous flow of funds underscores the significance of the quick commerce sector in India and Zomato’s commitment to maintaining its competitive edge, the report added.Zomato share price was trading in the green, up 1.76 per cent at ₹185.05 on June 11, at 1:57 pm, on BSE.Also Read | Zomato share price Today Live Updates: Zomato Stock Soars in Positive Trading SessionBlinkit's journey to become the leading player in quick commerce is noteworthy, especially given its past struggles before being acquired by Zomato.

Whirlpool of India shares surged 3.3%, hitting a 22-month high of ₹1,760 apiece. This rally has resulted in a 15.50% gain for the stock in the current month and a 45.33% increase from the March 2024 low of ₹1,211 apiece.Despite the strong rally, the stock may continue its ascent, based on projections from the domestic brokerage firm Equirus Securities.

G Parameshwara on Tuesday said leading Kannada film actor Darshan Thoogudeepa is being subjected to an inquiry by police in connection with an alleged murder and whether he is involved or not would be known only after the investigation. The 47-year-old was picked up from a hotel in Mysuru in connection with the murder of a man, identified as Renuka Swamy, on June 9 in Kamakshipalya area of the city, police sources said.

Max Healthcare Institute Ltd. fell 0.88 per cent to Rs 804.5 in Tuesday's trade as of 01:28PM (IST) even as the benchmark Nifty ruled at 23346.5, up 87.3 points. The scrip had closed at Rs 811.7 in the previous session. The stock quoted a 52-week low of Rs 509.05 and a high of Rs 909.0. The company quoted a market-cap of Rs 78248.67 crore on the BSE.

Railway stocks jumped up to 10% after Ashwini Vaishnaw took charge as the Indian Railway minister continuing from his previous stint. The gains were led by Jupiter Wagons which shot up to the day's high of Rs 682.90 on the NSE, gaining 10% on the intraday basis. It was followed by Texmaco Rail & Engineering and Indian Railway Catering and Tourism Corporation (IRCTC), which surged 6% each as of noon. The other gainers were Rail Vikas Nigam Limited (RVNL), Indian Railway Finance Corporation (IRFC), BEML, Ircon International, RITES, and Container Corporation of India (CONCOR) which were up between 2.5% and 5%.

Shree Cements Ltd. fell 0.6 per cent to Rs 27080.8 in Tuesday's trade as of 01:33PM (IST) even as the benchmark Nifty ruled at 23346.9, up 87.71 points. The scrip had closed at Rs 27246.7 in the previous session. The stock quoted a 52-week low of Rs 22601.3 and a high of Rs 30710.15. The company quoted a market-cap of Rs 97778.65 crore on the BSE.

India's border will remain the topmost priority and efforts will continue to take defence manufacturing and exports to greater heights, Defence Minister Rajnath Singh said on Monday shortly after he was retained to helm the key responsibility in the new government. Singh was among the senior BJP leaders, including Amit Shah, Nitin Gadkari, Nirmala Sitharaman and S Jaishankar, who retained the ministries they handled in the previous government.

Bitcoin has had four overly significant years in its existence, and when 2024 began, BTC enthusiasts all looked forward to riding the post-halving bullish momentum. While not all predictions regarding the movement of the world’s largest cryptocurrency come to fruition, as of June 7, it is presently trading at around $70,000 levels with an improved market capitalisation of 1.40 trillion. BTC’s performance has improved by 4.25% in the last week, with a significant bull run in May that led to a capital appreciation of 14.32%. Coming off a significant bull run that lasted seven months where its price appreciated from $25,932 on August 1, 2023, to reach the $71,285 level by March 1 this year, investors were taken by surprise when significant unexpected events like the FTX decline failed to reflect in its bullish momentum. Presently, as BTC trades near the all-time high level of $75,830, concerns have been raised about whether Bitcoin has finally reached its ceiling or if it is still viable as an undervalued asset.

After the regulator slapped a notice to the airline, it gave a $350 voucher to passengers who flew on the delayed flight to San Francisco. While Air India is the largest operator of non-stop flights to North America from India, a look at flight tracking website FlightRadar24's data shows that On Time Performance (OTP) of all airlines operating non-stop between India and America have an OTP problem.

USF set to return up to $19m in value to shareholders back in May, allowing clients to tender up to 7.3% of the shares under their names on the register, with the option to go for additional shares if others tender less than their basic entitlement. US Solar and International Public Partnership adviser Amber to merge with US asset manager The offer was approved by USF shareholders at the trust's annual general meeting at the end of May with 95.4% of the votes cast in favour. At the same meeting, the trust survived its continuation vote but with some pushback, as 35.4% were in favour o...

Trent Ltd. fell 0.17 per cent to Rs 4952.0 at 12:48PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 29,569 shares with a turnover of Rs 14.66 crore till 12:48PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 119.09, while the price-to-book value ratio stood at 34.51.