UPS Financial News

CBSE Class 12 Results 2024: CBSEClass 12 topper Srijita Roy Chowdhury on Monday credited her family for her success. Talking to ANI after the announcement of the Class 12th results, she said she had the most supportive family one could ask for, who never put pressure on her. "...I have the most supportive family one could ask for.

rice that is distributed free to the poor under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKY), two officials said. The proposal was seen as too expensive and labour intensivein the absence of sifters, graders and other machinery. Proposals on the table now includes increasing the allocation of rice under PMGKY, giving free food to employees of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), and reducing the price of rice under the open market sales scheme (OMSS).

Poco F6 series has generated considerable buzz, particularly following its recent appearance on the Geekbench benchmark database, which disclosed the presence of the Qualcomm Snapdragon 8 Gen 2 processor. While specific specifications for the Poco F6 and F6 Pro are still under wraps, hints from Flipkart's teaser suggest intriguing possibilities. It is speculated that the Poco F6 might be a rebranded version of the Redmi Turbo 3, while the Poco F6 Pro could potentially be a rebrand of the Redmi K70, as indicated by a software build intended for the Poco F6 Pro.

fourth Indian national in connection with the June 2023 killing of Hardeep Singh Nijjar. "We pursued the evidence and gained sufficient information for the BC Prosecution Service to charge Amandeep Singh with first-degree murder and conspiracy to commit murder," the police statement said. "This arrest shows the nature of our ongoing investigations to hold responsible those who played a role in the homicide of Hardeep Singh Nijjar," it added.

Wall Street: US stocks rose on Monday, following last week’s gains, with investors awaiting inflation data this week. The inflation data – Consumer Price Index (CPI) – is due on Wednesday. On the same day, the US retail sales data will also be released.

Mint poll of 22 economists had estimated India's retail inflation to remain broadly unchanged at 4.87% in April. CPI inflation remained above the central bank’s target of 4% but has stayed within its tolerance range of 2-6% for the eighth consecutive month. Overall, food inflation was 8.70% in April, up from 8.52% in March, and 8.66% in February, due to a rise in the prices of cereals, meat and fish, and fruit.

Varanasi on Monday evening. The live-telecast on PM Narendra Modi's social media handle showed him holding a replica of lotus – the symbol of the Bharatiya Janata Party (BJP). The Prime Minister was seen waving at the huge crowd at continuous intervals.

Export financier Exim Bank recorded a 62 percent growth in net profit for the year ending March 2024 as it could control bad loans. The lender is planning to raise over Rs 60,000 crore in FY'2024-25 from the domestic market in addition to $3-3.5 billion from the overseas market.

Tea Association of India (TAI) stated that the strange phenomenon of drop in crop production with no concomitant rise in prices is in stark contrast to the 2020 scenario when drop in production due to covid closure caused a sharp rise in realization of tea prices.

NASA and the European Space Agency are gearing up to send spacecraft on groundbreaking missions to uncover evidence of extraterrestrial life.

Congress on Monday accused the Narendra Modi-led central government of being "anti-MSME" and alleged that thousands of small businesses have shut down in the past 10 years. Congress leader Jairam Ramesh claimed that the vital MSME sector accounts for 30 per cent of GDP, 40 per cent of exports and employs 12 crore people.

Voltas, Daikin and Blue Star said there is a shortage of products or models in the industry, due to unprecedented demand amid the heatwave conditions prevailing for the past month and a half.

National Commission for Women (NCW) will send an inquiry team to look into the alleged assault on the Aam Aadmi Party (AAP) and its Rajya Sabha MP Swati Maliwal, who has been the head of the Delhi Commission for Women (DCW).

AAUM) of the northeastern states has grown by nearly 145 per cent from 2020 to touch Rs 40,324 crore in March 2024, up from Rs 16,446 crore in March 2020, indicating a growing appetite among investors from smaller towns and cities to invest in mutual funds. The share of the northeastern states increased to 0.73 per cent of the total AAUM of the mutual fund industry, which stood at Rs 55.01 lakh crore in March 2024, up from around 0.67 per cent in March 2020, when the industry’s AAUM stood at Rs 24.71 lakh crore. Though the contribution of these states to the total AAUM of the industry is still small in percentage terms, there has been a steady and consistent growth in mutual fund inflows in these states backed by increasing awareness among people and the growing interest among retail investors for investing in equities through the mutual fund route, Ashwini Kumar, Senior Vice President and Head Market Data, ICRA Analytics, said.

Envestnet is looking to help deliver a seamless financial planning experience for advisors and financial services professionals in the US through a landmark enterprise technology collaboration.

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₹20,698 crore in Q4, which is not only its highest-ever figure but also the biggest quarterly profit by any Indian bank. SBI also pipped India’s most valuable company Reliance Industries, which had logged a net profit of ₹18,951 crore in the quarter. Another state-run lender which delighted investors was Punjab National Bank, whose net profit soared almost three-fold to ₹3,010 crore, propelled by a jump in interest income and declining sour loans.

German businesses are increasingly experimenting with artificial intelligence to become more productive, but some caution the gains the technology promises could be years away. From automating processes to optimizing supply chains, German companies are resorting to AI tools for a growing range of functions. The technology is expected to make work more efficient by cutting repetitive tasks and freeing employees up for new, higher-value jobs.

Congress' Raebareli candidate, Rahul Gandhi, said with a smile, "Jaldi hi karni padegi." The incident happened towards the end of the rally that took place in Raebareli's Bachhrawan area on Monday. He took the opportunity to thank his sister and Congress leader Priyanka Gandhi. "I am touring different parts of the country in the election and my sister is spending time here, a heartfelt thanks to her for this," Rahul Gandhi said.

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Money managers are digging in their heels over a popular emerging-market bet in early 2024 even as the trade has unraveled five months into the year.