UPS Financial News

Congress leader Shashi Tharoor has criticized the BJP's '400 paar' claim for the Lok Sabha polls, calling it a joke and suggesting that even '200 paar' may be a challenge for the ruling party. Tharoor, who was in a three-way contest in Thiruvananthapuram, expressed confidence in a «very comfortable win» and predicted that the BJP would draw a blank in Kerala, Tamil Nadu, and Andhra Pradesh. He also stated that the BJP would perform worse than its 2019 performance in the South. Tharoor, a Congress Working Committee member and former Union minister, highlighted the current sentiment among BJP voters as one of indifference and lack of enthusiasm. He noted that while there is no overwhelming wave in favor of the Congress and the INDIA bloc, the difference between this election and previous ones is that the BJP appears to be losing its majority, which he considers a foregone conclusion. Asked how it was looking for the Congress and the INDIA bloc after two phases of the polls, the former Union minister said, «190 seats have voted so far and what I am picking up from my sources, it is tremendously positive for our side. We are not suggesting that there is an overwhelming wave but there certainly isn't one for the government.»

Coming to the buildup of fresh short positions, when the stock prices move downward and open interest on the counter increases, it is taken as a sign of a short build-up. The signal is considered more reliable if the volume on the counter has also seen an increase as the stock price declines.

Dubai, UAE — May 1, 2024 — TOKEN2049, the premier crypto event, saw record-breaking success for its inaugural Dubai conference, which took place from April 18-19, during TOKEN2049 Week.

Crypto-related phishing attacks have become “rampant” in South Korea, a report has claimed, with a top financial regulator set to act.

The spot  Bitcoin  exchange-traded funds (ETFs) in the United States have witnessed record net outflows, with  BlackRock’s  iShares Bitcoin Trust (IBIT)  experiencing  its first-ever day of outflows. 

It is that time of the year when you can look forward to the much-awaited annual bonus. You may have already made plans on how to spend it. However, this year, rather than spending the bonus on buying the latest mobile, gadget, vacation, etc., use it differently. In this article, we will look at seven ways of using the annual bonus to accelerate your financial planning journey.

REC surged 9.5 percent in intra-day deals today, May 2 to hit a new high of ₹555.45 on the back of strong March quarter (Q4FY24) results. Including today's rally, the stock has extended gains for the eighth straight session, soaring 30.5 percent in this period. The PSU (public sector undertaking) company posted a 33 percent year-on-year (YoY) jump in its consolidated net profit in the quarter under review to ₹4,079 crore, helped by healthy growth in core income and a provision write-back.

Best fuel credit card: Selecting a credit card can be confusing as there are a plethora of options available for customers. Banks customize offers and benefits on their cards based on user preferences. Card issuers are offering on their products unique benefits like cashback, discounts, reward points and fuel points – specifically for fuel purchases, etc.

Mint in an interview. “Our trains, the prototype, will be ready by June 2025. After the approval of the first prototype, say in two months time, we will supply 16 sleeper Vande Bharat trains over the next 12 months with deliveries starting from the first month onwards.

Vedanta Ltd has decided to endorse the demerger of the group’s flagship, ending a nearly seven-month deadlock, confirmed two persons directly aware of the development. The delay had been over the proposed allocation of $7 billion worth of debt owed to Vedanta's creditors in India, including State Bank of India and Bank of Baroda.

Conquer virtual worlds and beat your opponents with gaming laptops under ₹80000 that redefine excellence Are you ready to unleash your gaming prowess with the Lenovo IdeaPad Gaming 3? This laptop features an AMD Ryzen 5 5500H processor, NVIDIA GTX 2050 4GB graphics, and a vibrant 15.6-inch FHD IPS display, making it a worthy consideration during the ongoing Amazon Great Summer Sale 2024. The Acer One 14 is powered by an AMD Ryzen 3 3250U processor and comes with 8GB RAM and a 512GB SSD.

₹1,765.40 apiece on the BSE Thursday after the company reported strong earnings for the quarter ended March 2024. Netweb Technologies India’s net profit in the fourth quarter of FY24 jumped 181.8% to ₹29.66 crore from ₹10.52 crore in the year-ago quarter. The company’s revenue from operations in Q4FY24 increased 115.48% to ₹265.80 crore from ₹123.39 crore, YoY.

PVR Inox and Malayalam film industry producers has brought the long-standing issue back to the fore yet again. The issue has added to the woes of the theatrical business that has already hit rock bottom over the past few months. Last month, the multiplex chain had decided to stop screening Malayalam films after the Kerala Film Producers’ Association demanded that movies must be released at screens in malls of the state at a low VPF using content mastered at the PDC (Producers’ Digital Cinema), a facility promoted by the producers.

The Special Investigation Team (SIT), probing the obscene videos case involving former prime minister HD Deve Gowda’s grandson and JD(S) Lok Sabha candidate from Hassan constituency, Prajwal Revanna, on Thursday issued a lookout notice against him.

₹30,000 price segment in India with the launch of the Vivo V30e smartphone. The camera-focused smartphone starts at a price of ₹27,999 in India, giving tough competition to the likes of Realme 12 Pro, Nothing Phone 2a and OnePlus Nord CE 4. Vivo V30e starts at ₹27,999 for the 8GB RAM/128GB storage variant and ₹29,999 for the 8GB RAM/256GB storage variant.

In Britain, online pharmacies and slimming clinics are reducing prices for Wegovy and Mounjaro. This development comes months after the weight-loss drugs were launched in the country as initial supply shortages ease.

InterGlobe Aviation Ltd. traded 2.05 per cent up at Rs 4063.6 at 12:38PM (IST) on Thursday, even as BSE benchmark Sensex gained 257.61 points to 74740.39. The stock had settled at Rs 3981.7 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 4082.7 and Rs 2016.05, respectively.

Zee Entertainment Enterprises Ltd. traded 0.47 per cent down in Thursday's trade at 12:27PM (IST). Around 442,818 shares changed hands on the counter. The stock opened at Rs 147.85 and touched an intraday high and low of Rs 148.5 and Rs 145.95, respectively, in the session so far. The stock of Zee Entertainment Enterprises Ltd. quoted a 52-week high of Rs 299.5 and a 52-week low of Rs 138.0.

Sanjiv Bhasin, Director, IIFL Securities, says “among power stocks,, RattanIndia is my top pick of the year. DCB Bank and Dhanlaxmi Bank, are my two favourites and are in our portfolio. Along with that, Bank of Baroda, Can Bank, PNB are also looking very, very strong and if the Bank Nifty has got to lead, then those will participate. Further, I still think UltraTech, Ambuja are two stocks which should be in your portfolio while Concor is an undiscovered dark horse.” How have you looked at the overall auto space? Sanjiv Bhasin: So, before I get that, you have not seen REC, PFC. They have been four baggers from where we have been saying and still the numbers are the best. Power is like you have never seen it, in my 35 years I have never seen the type of return. Before I can go on the autos can I give you one power pick which I think should be the year's pick and for everyone who is in.

Atul Auto, a prominent player in the Indian three-wheeler market, surged by 10% to reach ₹581.90 apiece in today's early trade following the company's strong sales performance in April. In an exchange filing on Wednesday, the company said that it had sold 1692 vehicles during the month, marking a remarkable 136.64% increase compared to the 715 units sold in the same period last year. In FY24, the company witnessed a 1.92% increase in vehicle sales, with 26,039 vehicles sold compared to 25,549 in FY23.

₹73790.0/10 grams. Yesterday’s Gold Rate on 01-05-2024 was ₹73893.0/10 grams, and last week’s gold rate on 26-04-2024 was ₹74401.0/10 grams. Silver Rate in Delhi: Silver Rate Today in Delhi is ₹82900.0/Kg.