UPS Financial News

Ashish Kacholia portfolio: After ushering into a new financial year, a section of the stock market investors starts scanning the shareholding of ace investors. This exercise helps them find a value pick that has attracted investments from the market magnates. For such Indian stock market investors, there is a piece of stock market news today.

Who won yesterday IPL match? Ruturaj Gaikwad led Chennai Super Kings to a convincing 78-run victory over Sunrisers Hyderabad at the MA Chidambaram Stadium on Sunday. The win on Monday helped CSK move up to 3rd place in the IPL points table while SRH slipped to 4th position. Also Read | IPL 2024 points table on April 28 witnesses major changes after CSK vs SRH match.

Khurshid said, “The announcement will be made soon...Detailed discussions could not happen. Mallikarjun Kharge will announce it," ANI reported. Also Read: Congress struggles to reclaim Rae Bareli, Amethi amid voter disappointment with Rahul Gandhi: ‘Woh zamana gaya…’ It was earlier also stated that a final decision on the party's candidates for Amethi and Raebareli seats, considered strongholds of the Gandhi family, will be taken by Congress president Mallikarjun Kharge.

As nations, both India and the US have shared civilizational values, especially the unshakeable belief in democracy as a just and equitable political model. There is another critical area where commonality seems to be emerging: the path that leads from monetary policy to the political economy. The US central bank, the Federal Reserve, and the Reserve Bank of India (RBI) are both confronted with a quandary that has implications for the theatre of politics.

Stock market today: After the profit-booking trigger on Friday, the Indian stock market snapped its five-day winning streak in the previous session. The Nifty 50 index lost 150 points and closed at the 22,419 level, the BSE Sensex shed 609 points and finished at the 73,730 mark whereas the Bank Nifty index corrected 293 points and ended at the 48,201 level. However, the broad market continued to rally northward even as the advance-decline ratio remained firm at 1.06:1.

Day trading stocks to buy today: Following weak global market sentiments, the Indian stock market snapped its five-day winning streak on Friday last week. The Nifty 50 index lost 150 points and closed at the 22,419 level, the BSE Sensex shed 609 points and finished at the 73,730 mark whereas the Bank Nifty index corrected 293 points and ended at the 48,201 level. However, the broad market continued to rally northward even as the advance-decline ratio remained firm at 1.06:1.

Oil prices fell in early Asian trading on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East and U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon. Brent crude futures fell by as much as $1, or 1.1% to $88.50 a barrel before ticking back up to $88.55 at 0149 GMT. West Texas Intermediate (WTI) futures were down 84 cents, or 1%, at $83.01 a barrel.

Gold prices edged down on Monday as a steady U.S. dollar made bullion less affordable for overseas buyers, while investors awaited further clues on when the U.S. Federal Reserve would deliver its first interest rate cut.

AI plumbing. It may not sound as exciting, but tens of billions of dollars are quickly being spent on behind-the-scenes technology for the industry's AI boom. Companies from Amazon to Meta are revamping their data centers to support AI. They are investing in huge new facilities, while even places like Saudi Arabia are racing to build supercomputers to handle AI. Nearly everyone with a foot in tech or giant piles of money, it seems, is jumping into a spending frenzy that some believe could last for years.

Surbhi should have a fair estimate of her expenses first. She should also ensure that she would be able to use her income even after her marriage, in a manner that she decides. If it is expected that she should contribute to the new household’s expenses soon after her marriage, she may find it tough to repay her loans as well as keep up her savings. If she and her husband decide to buy a house in their joint names after their marriage, Surbhi’s existing loans may reduce her ability to take on more loans. While it is tough to estimate everything accurately in advance, she should try and ascertain how her financial life is likely to be after her marriage. Surbhi must check if her employer bank is willing to offer her a loan against her existing assets. Loan against a deposit is cheaper than a personal loan, since the former is a secured loan, while the latter is unsecured. She can take a loan against her other investments too, from her bank, at better rates than a personal loan. The advantage here would be that her assets are in tact, while the repayment in EMI is similar to what she would have done with a personal loan.

Though I typically focus on investment topics, I’m shifting gears to discuss a different aspect of finance: digital financial security. There have been numerous instances, where senior citizens have been primarily targeted in digital thefts. Are we going through a spate of financial frauds, wherein someone calls you with a story, and if you are gullible, you end up giving money digitally? Apparently, there have been crores of attempted frauds in the past few months.

There was a time when women did not have a share in ancestral property. The bias against the girl child arose from this unfair provision of law. Before it could be changed, customs and rituals that were rooted in patriarchy had created enough social conditioning in the minds of men and women.

NPS) was opened to the general public 15 years ago, it managed to get less than 5,000 voluntary investors. The investment rules were not very clear, the structure was quite complicated and there was also no clarity on the tax treatment of the income. But over the years, the NPS has undergone many changes and become more investor friendly. The Pension Fund Regulatory and Development Authority (PFRDA) has made the scheme more flexible and introduced new features. It has also made it easier to open an NPS account. If you have the necessary documents, the account can be opened online within minutes. The Finance Ministry has done its bit by introducing tax benefits on contributions, including tax deductions that are exclusive to the NPS and making 60% of the maturity corpus tax free. As a result, the NPS is slowly gathering pace. In 2023-24, some 8.73 lakh voluntary investors joined the scheme. That’s an average 2,391 investors joining per day, almost 100 every hour. But the NPS is still not the preferred investment vehicle for retirement. With only 55 lakh voluntary investors, it has tapped only 10% of the total investing population in the country.

Garena Free Fire Max redeem codes are 12-digit alphanumeric combinations that act as an access point to unlock various in-game rewards such as skins, weapons and character upgrades. 111 Dot Studios uses these codes as an ingenious marketing strategy that works to instill a sense of urgency and satisfaction in the player base.

MUMBAI : April's subdued stock market volatility that has remained lower than in regular election years may just be the calm before the storm. Outstanding positions in marketwide futures hit a record ₹4.38 trillion on Thursday when the May series of derivatives began, pointing to a volatile month ahead.

Bharatiya Janata Party (BJP) perform in these states under Congress's rule? And what happens if the BJP wins in these three states? The answer may (or may not) lie in the performances in previous elections. It is a well-known fact that the results of Lok Sabha polls is not always on the lines of the state assembly polls. Simply put, if one party wins the assembly polls, it doesn't guarantee that the same party will also win the parliamentary polls.

Buy or sell stocks for today: After rising for five straight sessions, the Indian stock market came under profit-booking stress and ended lower on Friday last week. The Nifty 50 index lost 150 points and closed at the 22,419 level, the BSE Sensex shed 609 points and finished at the 73,730 mark whereas the Bank Nifty index corrected 293 points and ended at the 48,201 level.

Punjab government, aiming to raise the minimum age for girls to marry to 18 years, Dawn reported. Chairperson of CPWB, Sarah Ahmad has urged Punjab's Home Secretary, Noorul Amin Mengal, stressing the immediate need to combat the detrimental practice of child marriage. Ahmad referenced the Pakistan Demographic Health Survey 2017-18, revealing that in Punjab, 18 per cent of women aged 20 to 24 were wed before turning 18, with 2 per cent married before reaching 15.

Rights issues 2024: Shares of Billwin Industries Ltd will be in focus when the stock market opens on April 29 (Monday). The Board of Directors of Billwin Industries has declared rights issue of equity shares for the eligible shareholders. The company has fixed April 29, 2024 as the record date for the purpose of determining the eligibility of equity shareholders to receive the rights entitlement in the rights issue.

Manchester City took another step in their bid to win a fourth consecutive Premier League title with a 2-0 victory over relegation-threatened Nottingham Forest on Sunday, with Josko Gvardiol and Erling Haaland on target. Pep Guardiola’s men kept the pressure on leaders Arsenal, pulling to within a point of the Gunners — who held on to win 3-2 at Tottenham Hotspur earlier in the day — in the table with a game in hand. Gvardiol got City on the scoreboard when he headed in Kevin De Bruyne’s corner kick in the 32nd minute in a nervous first half that saw Forest miss a couple of terrific chances.

Ruturaj Gaikwad missed out on a successive hundred by a whisker but his valiant knock was the driving force which propelled Chennai Super Kings to 212 for three against Sunrisers Hyderabad in the Indian Premier League here on Sunday. Invited to bat, Gaikwad slammed an attractive 98 off 54 balls and was ably supported by Daryl Mitchell, who returned to form with a crucial 32-ball 52 before Shivam Dube's 20-ball 39 not out took CSK past the 200-mark. The 107-run stand between Gaikwad and Mitchell was the cornerstone of CSK's innings as it is their 35th 200-plus total, the most by any side in T20 cricket. Gaikwad was the star of the CSK batting as he hit 10 fours and three sixes in his innings.