UPS Financial News

₹70,000 buy you? A month’s rent in a 3-BHK in a south Delhi apartment or a 1-BHK in Mumbai. But in some hotels, that money may not be enough even for a night’s stay. Take five-star resorts in most parts of the country right now, like AmanBagh, a sprawling property in an obscure location in Ajabgarh, in Rajasthan’s Alwar district.

Ukrainian and Western leaders have welcomed the passing of a desperately needed aid package for Ukraine by the U.S. House of Representatives

A billionaire trying to get off Canada’s Russia sanctions list denounced Vladimir Putin and the Ukraine war in a private statement to the government but it didn’t work, Global News has learned.

Rockefeller’s asset management division is beefing up its fixed income capabilities by adding three investment experts to its bench.

In the ever-evolving landscape of auto insurance, finding the perfect coverage requires a thorough assessment of policy options. The concept of motor insurance continues to evolve, driven by rapid technological advancements. This dynamic environment presents both opportunities and challenges for the insurance industry to meet the unique needs of millennials and Gen Z.

NEW DELHI : Consulting firms have begun practising what they’ve been preaching: bet on artificial intelligence to rein in costs. For employees, though, particularly those in the junior ranks, it’s been at their cost.

Adani Ports & Special Economic Zone with a target price of Rs 1590. The current market price of Adani Ports & Special Economic Zone Ltd. is Rs 1321. Adani Ports & Special Economic Zone Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 285375.96 Crore) operating in Shipping sector.

Tata Elxsi Ltd. traded 0.08 per cent down in Tuesday's trade at 12:12PM (IST). Around 2,433 shares changed hands on the counter. The scrip opened at Rs 7500.0 and touched an intraday high and low of Rs 7500.0 and Rs 7412.0, respectively, in the session so far. The stock of Tata Elxsi Ltd. quoted a 52-week high of Rs 9191.1 and a 52-week low of Rs 6217.9.

The Mountains Are High. By Alec Ash. Scribe; 272 pages; £16.99 In January 2020 Alec Ash, an English writer living in Beijing, arrived in the small mountain town of Dali in south-western China.

HDFC Bank on Saturday reported a 37.1% year-on-year (YoY) increase in its standalone profit at Rs 16,512 crore in the March quarter. Its net interest income (NII) during the quarter grew by 24.5% to Rs 29,077 crore.

HSBC Geneva, a tax order has questioned the very approach of the Income Tax (I-T) department in going after individuals whose names figured in the infamous list of information that was stolen by an employee of the Swiss private banking arm of the British bank. In a decision that could have a bearing on other `HSBC account’ cases, a tax tribunal last week has ruled that the I-T department cannot go back 16 years to reopen old matters to tax the ‘peak balance’ lying in such bank accounts. Why? Because, according to the Mumbai bench of the Income Tax Appellate Tribunal — a quasi judicial authority — a bank balance reflects 'assets' and not ‘income’, and, under the law, only income can be taxed. Till now, in many HSBC matters, tax claims have been raised on the maximum amounts that were lying in the bank accounts — primarily because that was the only information that the I-T department had in 2010-11 when it received the data.

ICICI Lombard General Insurance Company Ltd. traded 0.01 per cent lower in Monday's session at 01:38PM (IST). The stock opened at Rs 1688.4 and has touched an intraday high and low of Rs 1704.9 and Rs 1677.85, respectively, during the session so far. The stock quoted a 52-week high of Rs 1747.4 and a 52-week low of 1056.0. About 8,205 shares changed hands on the counter so far.

BENGALURU : Referring to the first consignment of India's BrahMos missile to the Phillippines, Prime Minister Narendra Modi on Saturday asked whether all this could have been imagined during Congress rule. "Yesterday, the first consignment of India's BrahMos missile has been dispatched to the Philippines. This has generated employment opportunities in large numbers on the ground level.

unionize under the United Auto Workers in a landslide election but acknowledged the choice was ultimately up to them. Ahead of the vote, Lee and five other Southern Republican governors spoke out publicly against the UAW's drive to organize workers at factories largely in the South, arguing that if autoworkers were to vote for union representation, it would jeopardize jobs. Instead, the union wound up pulling 73% of the vote at a facility whose workers had narrowly rejected the union in 2019 and 2014.

CLA Global to establish a presence in this market as part of its ambitious global expansion strategy, said G Scott Engelbrecht, chairman of the accounting and auditing network. CLA Global is among the non-Big Four professional services networks, such as RSM, Baker Tilly, HLB, Mazars and Nexia, which, driven by the significant opportunities presented by India's growing economy, are rapidly scaling up their presence in the country. Last year, the network expanded its footprint in India, when the Baker Tilly India Business Advisory and Consulting Services team joined CLA Global as a member firm.

Uttar Pradesh. Aggarwal emphasized Ayodhya's rising prominence as one of India's most rapidly expanding cultural and tourism hubs, drawing millions of tourists each year. He expressed optimism that Ola's entry into places such as Ayodhya will open up significant growth prospects and improve transport for both tourists and devotees.

PI Industries Ltd. rose 0.65 per cent to Rs 3733.5 in Monday's trade as of 11:57AM (IST) even as the benchmark Nifty ruled at 22307.0, up 160.0 points. The scrip had closed at Rs 3709.35 in the previous session. The stock quoted a 52-week low of Rs 3015.15 and a high of Rs 4032.0. The company quoted a market-cap of Rs 56751.68 crore on the BSE.

Preparing A Post-June 4 Plan Even as model code has slowed down the government’s usual pace, bureaucracy is on its toes. Sectoral groups of secretaries are holding a series of meetings to firm up 100-day plans and long-term agenda for the new government. In addition, review meetings are being called by the Cabinet Secretary. The latter are learnt to be quite demanding. Word has it that quite a few proposals have been sent back to the drawing board as well. Choubey giving his best shot Union minister Ashwini Choubey, who has been denied a ticket from Bihar’s Buxar, hasn’t lost hope. He has been telling his supporters that things can change before nomination. During Prime Minister Narendra Modi’s rally in Gaya, Choubey sat beside him and presented his case. He has also visited RSS office in Nagpur.

₹67,610 crore. This growth was primarily driven by strong performances across various sectors, including grocery, fashion, lifestyle, and consumer electronics. Reliance Retail achieved an EBITDA of ₹5,632 crore in Q4 FY24, reflecting an 18.1% improvement over the EBITDA of ₹4,769 crore reported in Q4 FY23.

Tube Investments of India Ltd. gained 0.23 per cent to Rs 3502.7 at 01:33PM (IST) in Monday's trade. The stock hit a high of Rs 3508.5 and low of Rs 3473.2 so far during the session. The stock had closed at Rs 3494.4 in the previous session. The counter had a total traded volume of 01:33PM shares so far with a turnover of Rs 0.89 crore on BSE. The stock traded at a price-to-earnings multiple of 51.28 and a price-to-book ratio of 12.43.

Also Read: Bajaj Finance share price correction provides attractive entry point, says Emkay Global; sees 23% upside Eventually, the macro story will take over, and as it stays healthy, the analysts expect modest downsides. They expect manufacturing and capex stories will remain a key theme irrespective of the seats garnered. The brokerage house noted that some polls project as high as 411 seats of the ruling National Democratic Alliance (NDA), and given the recent performance in state elections and the results of almost all major opinion polls, 390-400 seats have become the new base case.