UPS Financial News
23.04 / 04:04
UPS
Xiaomi
reports
testing
Features
International
Xiaomi 14 Series likely to receive 'AI Treasure Chest' to up its AI game, suggests report
AI Treasure Chest" is described as a comprehensive collection of numerous AI features meticulously crafted to elevate the user experience across the Xiaomi 14 series. Among these anticipated functionalities is the intriguing "AI Surprise Wallpaper," speculated to roll out imminently. Moreover, the report reveals that the internal testing phase commenced on April 18 and is slated to run through August 2.
23.04 / 03:00
UPS
Fighting
Remark
community
country
peace
'Absolute falsehood, brazen mendacity': P Chidambaram slams PM Modi over 'redistribution of wealth' remark
Modi over his «redistribution of wealth» remark, Congress leader P Chidambaram on Monday said he cannot recall that any other PM had made such «outrageous statements» with each sentence outdoing the previous one in its «absolute falsehood and brazen mendacity». Chidambaram's attack came a day after Prime Minister Modi said that if the Congress came to power, it would redistribute the wealth of people to «infiltrators» and «those who have more children», and cited former PM Manmohan Singh's remark that the minority community had the first claim on the country's resources. In a post on X, Chidambaram said, «I cannot recall that any other prime minister had made such outrageous statements like PM Modi did at Jalore & Banswara in Rajasthan yesterday. Each sentence outdid the previous sentence in its absolute falsehood and brazen mendacity.» «Will the BJP tell the world: when and where did the Congress say that we will distribute people's land, gold and other valuables among Muslims? When and where did the Congress say that a survey will be conducted to value the property of individuals, gold held by women and silver owned by tribal families?» the former Union minister said.
23.04 / 01:07
COST
UPS
Digital
reports
Q4 Results: Reliance Industries declares interim dividend of ₹10 per equity share
₹10 per equity share for the financial year ended March 31, 2024. In a stock exchange filing, Reliance Industries Ltd said the board of directors “Recommended a dividend of Rs. 10.00 per equity share of Rs.
22.04 / 19:24
markets
UPS
Action
wellness
pandemic
War
Index funds offer underlying opportunity, says Anand Vardarajan of Tata Asset Management
MintGenie, Vardarajan said that there is an ardent need to look at index funds for their underlying opportunity rather than just their low expense ratios. We believe that the banking and financial services sector is attractively positioned from a valuation perspective. Pharma hasn’t participated much in the up move and this could benefit from a medium to long-term perspective.
22.04 / 19:23
UPS
Fighting
Remark
stage
information
Can't describe what Jagan Mohan Reddy did to Andhra Pradesh: Chandrababu Naidu
TDP supremo N Chandrababu Naidu on Sunday said he cannot describe what YSRCP chief Y S Jagan Mohan Reddy has done to Andhra Pradesh and alleged that the latter was 'staging dramas'. The opposition leader made the remarks while distributing B-forms to TDP candidates at his Andhra Pradesh residence in Undavalli. The B-form is a nomination document signed by the authorised person of a political party, indicating the name of the candidate fielded by the outfit. It is proof that a particular candidate has been put up by a political party, and it ensures that the candidate is allotted the reserved symbol of that party. «Unable to describe what he (Jagan) has done for the state, Jagan Mohan Reddy has raised (the) curtains to stage dramas and the people are simply detesting it,» said Naidu. The TDP supremo termed the stone pelting attack on Reddy as a 'drama', which miserably failed. «We are fighting devils and demons and you all should move ahead with a determination,» said Naidu, addressing the TDP candidates.
22.04 / 09:59
UPS
Provident
security
Sustainability
wellness
World Earth Day 2024: 5 eco-friendly money lessons to make your finances thrive
World Earth Day 2024. Just as reducing our carbon footprint can save the planet, adopting sustainable financial habits can save us money in the long run. By reducing unnecessary expenses, reusing items, and recycling resources, we can cut down on wasteful spending and build a more robust financial future.
22.04 / 09:42
markets
COST
UPS
CEO
reports
rights
Zinc prices may cross $3,000 per tonne mark in Aug or Sept: Arun Misra, Hindustan Zinc
«Government had queries on the plan regarding why do we believe that the market cap will go up and things like that. On the other side, they feel that if the timing is not right, the demerger as an effort may impact the government's effort of divestment in the OFS route,» says Arun Misra, CEO, Hindustan Zinc. Before we dive into your numbers, I want to talk about the big moves that we are seeing in commodity prices globally, be it zinc prices which have risen in the last one month, do you believe that this is the start of a commodity up cycle or maybe just temporary euphoria? No, we always had the news that zinc would hit $3,000 per tonne somewhere around December. So, it was expected that the growth will happen and maybe it is becoming faster than what it was predicted and I believe that it would cross that $3,000 per tonne mark somewhere around August or September. Already, it has touched 2850 and I do not see it coming back anytime soon.
22.04 / 06:58
UPS
Target
FIVE
Apple
Research
Trade
Apple set to scale up production India, employ 5 lakh people in next 3 years
five lakh people in the next three years through its vendors and components suppliers," a senior government officer told PTI. The Cupertino-based company is planning a five-fold expansion in its production, targeting an increase of more than five times to approximately USD 40 billion (roughly 3.32 lakh crore) over the next four to five years.
22.04 / 02:49
UPS
Election
Death
stage
reports
International
Top Events of The Day: PM Modi's rallies in Jalore, Banswara, UPSC CDS Exam, PBKS vs GT IPL match and more
Top Events of the Day: Prime Minister Narendra Modi has intensified his campaign trail, hitting the stages in Jalore and Banswara, stirring the political atmosphere as the Lok Sabha elections heat up. Simultaneously, academic and career aspirations will peak as thousands download their admit cards for the UPSC CDS-1 Exam set for today.
22.04 / 00:18
Blockchain
UPS
Provident
Waves
innovations
information
reports
Covalent Grows Global Wallet Reach by +40 Million in Q1, Now Powering 280 Million with its Structured Data
Covalent (CQT) has reported significant growth in active wallets using its data, now surpassing 280 million across the Web3 ecosystem, up from +240 million at the beginning of January 2024. This increase underscores Covalent’s substantial impact and its commitment to delivering structured, comprehensive and verifiable blockchain data provides performant structured onchain data to downstream consumers like AI. Serving as the backbone for a wide range of applications, from DeFi to AI, Covalent is pivotal in navigating the challenges of modern blockchain data needs and driving innovation across multiple sectors.
22.04 / 00:18
UPS
Manufacturing
Strategy
BlackRock
Research
President
Know Your Fund Manager: Harsha Upadhyaya, CIO Equity, Kotak Mahindra AMC
Born to a doctor father and homemaker mother, I was raised in Bengaluru. I moved to NITK, Surathkal to pursue engineering degree and later to IIM Lucknow for post-graduation in management. Also acquired CFA charter from CFA Institute, US while working. I am the first one to choose the field of finance even in the extended family tree. How did you land up in this job?
22.04 / 00:18
UPS
Remark
Election
President
testing
Maldives parliamentary election: President Mohamed Muizzu's litmus test amid anti-India policies
Indian tourists ditch Maldives as numbers drop 40%; China arrivals up by... With Muizzu's anti-India remarks, several Indians have boycotted tourism-dependent Maldives as their holiday destination. According to recent Maldives government statistics, the number of Indian tourists has fallen, dropping that country from being the top source of foreign visitors to Number 6.
22.04 / 00:16
UPS
Digital
Food
trends
show
social
High demand, dip in production push millet prices up 17%
high demand, government push, social media trends and a marginal decline in production has driven up millet prices. Data released last week showed that inflation in ragi and ragi products accelerated in March to 16.6% — the second highest in over six years. The highest was 16.7% in February. «For millet, output has been flattish but higher demand due to several food industries using them has pushed up prices,» said Madan Sabnavis, chief economist, Bank of Baroda. Despite the government's push, the area under ragi decreased to 1.04 million hectares in 2023-24 from 1.16 million hectares in 2022-23. According to government data, this led to a decline in production to about 1.39 million tonnes in 2023-24 from 1.69 million tonnes in 2022-23. Ragi inflation has been accelerating in double digits for the past seven months and pace picked up further since January. Jowar is no exception, either. Although inflation levels eased to 10% in March compared with 12.7% the previous month, the commodity has experienced double-digit inflation since December 2022.
21.04 / 22:37
UPS
Citi
economy
reports
guidelines
Destinations
After Venice, this popular Italian destination plans to charge a tourist fee
Venice, another Italian town may soon implement measures to combat overtourism, symbolically creating barriers, as reported by The Sunday Times. The picturesque city of Como, situated along the renowned Lake Como, is considering implementing a tourist levy for daily visitors. The specific fee has not been finalized yet. The timing for when the new measure would go into effect isn't clear either, but Como Mayor Alessandro Rapinese said representatives are already trying to draft up more guidelines.
21.04 / 19:40
UPS
Provident
Action
Bill
Battlefield
Interviews
Zelenskiy urges speedy passage of $60 billion Ukraine aid in US Senate, transfer of weapons
Ukraine by the U.S. House of Representatives but urged Washington to quickly turn the bill into law and proceed with the actual transfer of weapons, saying long-range arms and air defense systems were top priorities. In an interview with NBC's «Meet the Press», Zelenskiy said the passage of the bill would send a powerful message to Russia that Washington stands by Kyiv and that it would not be «a second Afghanistan.» «I think this support will really strengthen the armed forces of Ukraine and we will have a chance for victory,» Zelenskiy said through an interpreter.
21.04 / 19:39
markets
COST
UPS
reports
patient
Traffic
HDFC Bank to keep margins at current levels
HDFC Bank managing director Sashidhar Jagdishan said the lender «will not be chasing growth for the sake of growth» and «will be delighted even if the margins remain at the current levels». Addressing analysts on Saturday, soon after the bank declared its fourth quarter results, he declined to give any guidance but said the bank will have a positive bias towards growth over the next two to three years. He urged investors to be patient as the bank is going through a transition period following the merger with parent institution Housing Development Finance Corporation last July. Comparing HDFC Bank's transition period to the construction of the coastal road (in Mumbai connecting Marine Drive to Worli), he said: «It's like the coastal road when it was getting built; we were all sort of having a lot of problems with it, we were trying to navigate our traffic around it, but now when it's up and running you know people are so delighted.»
21.04 / 18:50
UPS
WhatsApp
Trade
Photos
country
travelers
Destinations
Gold’s Own Country: A lucrative trade fueled by rival gangs and high demand
Kerala is rather familiar. A carrier, mostly from the United Arab Emirates, agrees to transport the contraband in return for a commission and an air ticket. They WhatsApp their photo just before boarding so that those who are waiting at or near the destination airport to receive the illegal glitter can easily recognise them. Sometimes, that script can take a turn. Scenario 1. The carrier strikes a deal with a different buyer, often a rival gang, changes their shirt before they land to avoid detection and hands the contraband to the new recipient for a higher cut. This is called “busting”. If things get really desperate, the carrier may even get kidnapped. Scenario 2. This is a riskier activity to throw the Customs off the scent and sneak past the intended recipient. The Customs will get a false tip-off about a carrier, while the gold booty is transported by another passenger. As the word spreads that a carrier has been caught, the intended recipient will lie low for a few days. Meanwhile, the person carrying the gold will deliver it safely to the rival buyer.
21.04 / 18:49
markets
UPS
Strategy
Sustainability
Trade
recommendations
How to trade Maruti, RIL and 4 other stocks ahead of Q4 earnings
We need to keep a close eye on the volatility index, India VIX, as it has surged by nearly 17% in the last week. On Friday, it has given the highest closing in the last 16 trading sessions, Sudeep Shah, Deputy Vice President and Head of Technical & Derivative Research at SBI Securities warns. This analyst recommends trading strategy in Maruti, RIL, Tata Consumer Products, Axis Bank, Bajaj Finance and HUL ahead of their January-March quarter results.
21.04 / 10:49
UPS
MET
Waters
Experts
Inside
reports
If Bengaluru stops saying 'yuck' to treated waste water, it'll never go thirsty: Experts
Centre for Ecological Sciences (CES) of Indian Institute of Science, Bengaluru, figured a way for the IT hub to stay water surplus. On an average, 20.05 TMC (thousand million cubic feet) of water is required every year for domestic purposes, CES's technical report established. Of which about 16.04 TMC, about 80 percent, could be met just by treating sewage water, suggested the report. Add to this, the rain yield, which is about 14.80TMC a year and Bengaluru could easily meet its water needs, the report stated. Cut to 2023. Some apartment owners of Emmanuel Heights in Hosa Road, Sarjapur, proposed setting up a sewage treatment plant in October. Little did they know that it would take them almost six months to convince the others. «They all agreed only after the firm setting up the sewage treatment equipment put it in the agreement that they will buy all the treated water. Many people were adamant that not a drop of the treated water should be used inside the complex. Forget drinking, they did not even want the treated water for watering the plants, because they have the tulsi plant,» said Gopidas, a software engineer at Amazon who resides at Immanuel Heights. S Vishwanath, Bengaluru's go-to man for water conservancy and director of Biome Environmental Solutions is a long-time advocate of treated wastewater for drinking. According to him, it is now all in the mind, as science has already shown that it is perfectly fine to drink treated wastewater.
21.04 / 10:00
markets
UPS
Target
security
trends
Trade
Top Indian firms lose ₹1.40 lakh crore in mcap; IT majors TCS, Infosys among hardest hit, HDFC Bank, RIL top gainers
Also Read | Infosys shares trade lower after Q4 results 2024. Buy or sell? TCS saw the maximum erosion in market valuation of ₹62,538.64 crore to end at ₹13,84,804.91 crore.
21.04 / 09:59
UPS
WhatsApp
country
reports
International
Sterling & Wilson Renewable Energy reports Rs 1.40 crore net profit in Q4
quarter ended March 2024 on account of increased income. It had reported a net loss of Rs 421.11 crore in the January-March period of preceding 2022-23 financial year, the company said in an exchange filing on Saturday. For the whole FY24, the company reported narrowing of its net loss to Rs 210.79 crore from Rs 1,174.96 crore net loss recorded in FY23.
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