UPS Financial News

Latest Punjab National Bank FD rates After revision, the bank offers FD interest rates between 3.50% to 7.25% for regular citizens. For senior citizens, the bank offers between 4% to 7.75% and for super senior citizens, the bank offers between 4.30% to 8.05%.

The BSE smallcap index, which is a gauge for smallcap stocks’ performance, rallied nearly 10%, while the midcap index jumped over 7%. This compares with a 1% rise in the BSE Sensex.

World stocks are mixed with most of the markets closed for a holiday stocks in the United States closed out their worst month since September

Americans have a message for news organizations as they prepare to cover the 2024 election: About half of Americans say they're concerned that outlets will report inaccuracies or misinformation

Some Kansas lawmakers see a chance to lure Kansas City’s two biggest professional sports teams across the Missouri border, but an effort to help the Super Bowl champion Chiefs and Major League Baseball’s Royals finance new stadiums in Kansas fizzed

—Name withheld on request 

Godrej clan with tangled cross-holdings in dozens of industries has proved with a harmonious split of business between the two branches of the family. When it's routine for heritage business families to fight tooth and nail over division of assets and businesses, the Godrej family is splitting its business, what it calls «realignment», in an exceptionally amicable manner. Adi Godrej and his brother Nadir will keep Godrej Industries that has five listed firms, while their cousins Jamshyd and Smita, who too are siblings, getting unlisted Godrej & Boyce and its affiliates as well as a land bank in Mumbai. Also Read: Godrej family seals terms of division; Nyrika Holkar, Pirojsha Godrej emerge key next generation leaders

RBI Governor Duvvuri Subbarao has opined that only enlightened leadership at Centre and state levels can resolve the complex north-south divide in deciding on the distribution of the tax pool among states, saying it is beyond the remit of the Finance Commission. Subbarao, who held various positions including the finance secretary of Andhra Pradesh and Union finance secretary, and wrote extensively on issues in fiscal federalism in his new book titled 'Just A Mercenary?: Notes from My Life and Career' further said that horizontal sharing of the divisible pool of taxes has always been a contentious issue but will be even more so in this round. «This (north-south divide in deciding on the distribution of the tax pool among states) is a complex political challenge beyond the remit of the Finance Commission. »Resolving it will demand enlightened leadership at central and state levels that can look beyond politics and build a consensus around an optimal way forward," he told PTI.

Ambuja Cements reported a standalone net profit of Rs 532 crore for the quarter ended March 2024, which is higher by 6% year-on-year. The company had clocked a profit of Rs 502 crore in the same period last year. Revenue from operations during the fourth quarter increased 12% year-on-year to Rs 4,780 crore, compared with Rs 4256 crore in the same quarter of last year.

Read here: General Elections 2024: Will Nifty extend gains for 4th straight month in May? The broader markets have been consistently hitting new peaks in September, except for some correction in February and March. Even though the benchmark Nifty is also at its record high, the bull run in the mid and small-cap stocks is unparalleled. All three indices hit their new peaks in the previous session, April 30.

Indegene IPO: The Initial Public Offering (IPO) of Indegene Limited is going to hit the Indian primary market on 6th May 2024 i.e. on Monday next week. The company, which provides digital services to the life science industry, recently declared the Indegene IPO price band at ₹430 to ₹452 per equity share.

Temperatures continue to hit new highs every subsequent year. In its March 2024 update, the World Meteorological Organisation’s (WMO) annual State of the Global Climate report confirmed that 2023 was the warmest year on record, with the global average near-surface temperature at 1.45° Celsius above the pre-industrial baseline. Add to this, it was the warmest 10-year period on record.

₹2.10 trillion in April, according to the finance ministry data on Wednesday. The GST collection breached the ₹2 trillion mark for the first time, reflecting robust economic growth and administrative efficiency in tax mop-up. The revenue collected by the Centre and states on goods and services consumed in the country in April was 12.4% higher year-on-year, as per data from the finance ministry.

MUMBAI : Mumbai: Minority shareholders of ICICI Securities Ltd are questioning the rationale and intent of mutual funds that bought shares of the brokerage firm in February at a premium only to vote in favour of delisting the company shortly after. By buying the shares at a premium, and then voting for the delisting to get ICICI Bank shares in exchange, the funds hurt the interests of their unit holders, say the minority shareholders.

Hindustan Times on April 30. This lack of confirmation has left students anxious about the final date and time of the exam results. According to the board's spokesperson, there is no confirmation yet regarding the possibility of the results being declared on Wednesday, May 1.

The FBI says scammers stole more than $3.4 billion from older Americans last year

The Environmental Protection Agency has finalized a ban on consumer uses of methylene chloride, a chemical widely used as a paint stripper but known to cause liver cancer and other health problems

Saudi Arabia's real gross domestic product (GDP) decreased 1.8% year-on-year in the first quarter, flash estimates by the government's statistical authority showed on Wednesday, as a decline in oil activities continued to hurt overall growth. The kingdom's GDP had shrunk 3.7% in the fourth quarter of 2023, as cuts to oil production and lower crude prices weighed on the economy.

From sleek designs to cutting-edge features, each AC on our list has been carefully selected based on its performance, reliability, and eco-friendly credentials. Whether you seek powerful cooling for large spaces or compact solutions for smaller rooms, our curated selection has you covered.

Novo Nordisk, said on Wednesday it plans to invest around $200 million in quantum computing startups. The company, the investment arm of the Novo Nordisk Foundation, has 77% of voting shares in Novo Nordisk, which is known for producing blockbuster obesity drug Wegovy and diabetes treatment Ozempic.

Mint. “No factory in India will ever be building for India only. It will be a small part, and bulk of it will be for exports, and that's actually a good thing because we want our factories to be globally viable," he added.