UPS Financial News

Maharashtra Deputy Chief Minister Devendra Fadnavis on Sunday said the Ajit Pawar-led Nationalist Congress Party wanted a cabinet berth in the Narendra Modi government and declined an offer from the BJP of minister of state (MoS) with independent charge.

Annapurna Devi, who was sworn in as Union Minister in the Narendra Modi government on Sunday. Her life took a dramatic turn when her husband, Ramesh Yadav, an RJD legislator, died suddenly in 1998.

30-50 minutes of rain delay with just one over having been bowled. India, with Virat Kohli opening with Rohit, picked up eight runs without loss off the first over before the shower stopped play.Follow India vs Pakistan Live Score Updates hereIndia lost Virat Kohli in the second over to Naseem Shah, and Rohit Sharma as Haris Rauf took the catch in the third over.The setback prompted social media users widely shared memes that could easily leave anyone in splits.

Mumbai: India's markets regulator has proposed tighter rules on trading in individual stock derivatives, arguing the rules were needed to avert risks of market manipulation after recent explosive growth particularly in options trading.The move comes after two sources familiar with the matter told Reuters in April that India's top financial regulators would form a committee to assess stability risks emerging from a surge in derivatives markets.Options trading has soared in India in the last five years, fueled mainly by retail investors so that the notional value of index options traded more than doubled in 2023-24 to $907.09 trillion from the year before, exchange operator NSE has said.A discussion paper published on Sunday on the website of the Securities and Exchange Board of India (SEBI) said derivatives contracts on individual stocks should have sufficient liquidity and trading interest from market participants - currently a requirement only for contracts on indexes."Without sufficient depth in the underlying cash market and appropriate position limits around leveraged derivatives, there can be higher risks of market manipulation, increased volatility, and compromised investor protection," SEBI said.Under the proposed rules, for a stock to be considered for futures and options (F&O) trading, it should have traded for 75% of trading days, SEBI said, without specifying over what period.Also 15% of active derivatives traders should have traded the stock; average premium daily turnover should be ₹150 crore ($18 million); average daily turnover must be between ₹500 crore and ₹1,500 crore; and the maximum number of open F&O contracts permitted for the underlying stock must be ₹1,250 crore – ₹1,750 crore.

Is it more romantic to buy a diamond that formed in the bowels of the earth than one grown in a lab? Young American couples don’t think so. That is awkward for diamond miner De Beers, especially now that it is looking for a new owner. Mining conglomerate Anglo American, which has been a top shareholder in the world’s best-known diamond producer for almost a century, wants to sell or separately list it as part of a radical breakup plan.

Kinjarapu Ram Mohan Naidu of the TDP has been sworn in as a member of the new Union cabinet.It was an accident that brought the 36-year-old Kinjarapu Ram Mohan Naidu into politics. The year was 2012. Reddy, an alumnus of Delhi Public School in R.

The Chosen," a series that breathes new life into a story that has been told for over 2000 years, continues to captivate audiences. Now in its fourth season, this character-driven exploration of the biblical narrative follows Jesus and his disciples as they navigate increasing conflicts with empires and rulers opposed to his teachings.

PVR Inox, India’s biggest multiplex chain, which now operates Eros. The Eros building, commissioned in 1935 by Parsi businessman Shiavax Cawasji Cambata, hasn’t lost its vintage vibe on the outside and still retains much of its Victorian Gothic and Art Deco style architecture.

City of Glass(1985), the first volume of his New York trilogy, which I first read as a teenager, and Hand to Mouth(1997), a memoir that bore the subtitle, A Chronicle of Early Failure, which I discovered in the throes of an extended mid-life crisis. City of Glass is one of Auster’s most iconic works, a breathtaking work of staggering genius, to riff off the title of Dave Eggers’ celebrated novel.

Lok Sabha and Assembly elections in Andhra Pradesh has shaken up a string of political families resulting in discord and estrangement. Siblings took on each other, a son contested against his minister-father while a determined wife was cajoled to stop competing against her husband at the last moment, among others. In this battle of blood relatives, YSRCP chief and outgoing Chief Minister YS Jagan Mohan Reddy faced a real challenge from his sister, Andhra Pradesh Congress chief Y S Sharmila who emerged as a 'thorn in the flesh' for him. After experimenting with politics in Telangana through the YSR Telangana Party (YSRTP) and merging it with Congress, Sharmila took over the reins of the grand old party in Andhra Pradesh to target her brother on a daily basis, accompanied several times by her cousin Suneetha Narreddy.

Talks between Pakistan and the IMF have ended inconclusively due to a disagreement over new income tax rates for salaried and non-salaried persons and the imposition of a standard 18 per cent sales tax on agriculture and health sector goods, according to a media report on Sunday.

IndiGo plane was seen landing and an Air India aircraft taking off from the same runway in less than a minute at the Mumbai airport is now under the lens of India's aviation watchdog.

Puja «The Cyclone» Tomar, made her UFC debut as India's first female fighter in UFC, and scored a victory to make history on Sunday.

Sheela Foam, which owns two leading mattress brands — Sleepwell and Kurlon — expects a double-digit CAGR growth of 14 to 15 per cent in short to mid-term, its CEO Nilesh Mazumdar has said. Sheela Foam, which acquired the Kurlon brand last year, has rebranded it with a new logo and tagline, as it expects to scale up the Karnataka-based company's business beyond Rs 1,000 crore.

After a period of relative uniformity among major monetary authorities, it’s suddenly fashionable to talk of divergence in the path of interest rates. Unfortunately, this easy description papers over some important—and subtle—differences that have emerged over the past year. Such course corrections are healthy.

JDS national president and former PM HD Deve Gowda on Sunday wrote to Prime Minister Narendra Modi, thanking him for the Cabinet position offered to his party while doubting the Congress party's ability to hold the allies together.

BJP leader Gajendra Singh Shekhawat on Sunday thanked Prime Minister-designate Narendra Modi for including him in his Council of Ministers for the third consecutive time. Modi will on Sunday take oath for a third consecutive term as prime minister, along with members of his council.

Air India is utilising the engineering skills available with group airlines to carry out more maintenance work of the aircraft under its own quality control amid multiple instances of its legacy planes facing operational issues, according to a senior company official. The official also said the airline is keen to lease aircraft but the market is very tight, especially for wide-body planes.

We have seen in the past how election results sway stock markets in India, adding or wiping out investor wealth by lakhs of crores of rupees within a few hours. This time, on June 4th, when the counting of votes for the Lok Sabha election results was underway, the Indian stock market nosedived, wiping out over Rs 20 lakh crore of investor wealth. However, since then, we’ve witnessed a massive revival in stock prices, with the Nifty rebounding over 10% from its intraday lows on June 4th. The jitters among investors were created on election results day after it emerged that the BJP-led NDA would have to settle with a much lesser number of seats than expected.

June 10, 2024 — block your calendars because it’s going to be “action packed.” At WWDC 2024, Apple will finally reveal to the world its big AI plans for iPhone, Mac and virtually every Apple device that you can think of at the time of writing. There’s a lot at stake and Apple is a bit late to the party but then it’s never been about being “first” for Apple. The journey is the reward, as they say. Which is why, it’s even more exciting to see what it has in store after having taken a good amount of time, “cooking” up things behind closed doors all this time.

The Reserve Bank of India (RBI) will set up Digital Payments Intelligence Platform to check growing instances of digital fraud, Governor Shaktikanta Das said on Friday.