UPS Financial News

Stock Market News: The domestic benchmark equity indices, the Sensex and the Nifty 50, continued their losing streak for the third day in a row on Tuesday as heavy selling pressure was witnessed in the early trade. However, Nifty 50 recovered swiftly from intraday lows, lessening the ugly tone of the decline. On Tuesday, the S&P BSE Sensex ended down 456.10 points, or 0.62%, at 72,943.68, while the NSE Nifty 50 closed down 124.60 points, or 0.56%, lower at 22,147.90.

Prime Minister Narendra Modi for diverting attention from the real issues in the run up to Lok Sabha Elections 2024, and said he will follow the Congress decision on whether he should contest in Amethi. Gandhi, who addressed a joint press conference with Samajwadi Party chief Akhilesh Yadav in Ghaziabad, termed the Prime Minister “champion of corruption." “The Prime Minister gave a scripted interview recently. He said Electoral Bonds were brought in to ensure transparency in poll funding.

KPI Green Energy, one of the leading players in the renewable energy sector, have been on an upward roll over the last six months, producing a stellar performance and significantly enhancing shareholder wealth in a relatively brief timeframe. The company, operating in the solar power generation sector, functions as both an independent power producer (IPP) under the 'Solarism' brand and a service provider to captive power producer (CPP) clients. Since November, its shares have witnessed a consistent upward trajectory, delivering an impressive return of 209% to date.

After bringing a warmer, drier winter to much of Canada, the El Niño weather event that has gripped the Pacific Ocean and subsequently the world may at last be over.

infinity pool hanging in the air between two skyscrapers! Is it possible? Well, it has already been made possible in Dubai. World's longest infinity pool measures an astonishing 120 meters in length and it floats hundreds of meters up in the sky, reports 'The Sun'. It will be situated between the two towers of the building. The infinity pool will be located in 'The Link', the longest cantilever building on the planet.

Australia will boost defence spending by A$50.3 billion ($32 billion) over the next decade and reshuffle its weapons programs to emphasise missiles, drones and warships as it looks to the possibility of a Pacific conflict between China and the U.S. The bulk of the new spending, part of a A$330 billion decade-long budget, will only kick in after five years, and ultimately take defence spending to 2.4% of GDP by 2034 from just over 2% today. Announced by Defence Minister Richard Marles on Wednesday, the new funding reflects new priorities, such as long-range missiles, that Australia believes are necessary in a world where a potential conflict between China and the United States could upend the region.

HRA claims from previous years. However, the Central Board of Direct Taxes (CBDT) recently clarified that there was no special drive to re-open cases concerning mismatch of data relating to House Rent Allowance (HRA). «There is no special drive to re-open cases of mismatch, and media reports alleging that large-scale re-opening is being undertaken by the CBDT are completely misplaced. At the outset, it is stated that any apprehensions about retrospective taxation on these matters and re-opening of cases on issues pertaining to HRA claims is completely baseless. Data analysis was carried out in some high-value cases of mismatch between the rent paid by the employee and receipt of rent by the recipient for the FY 2020-21,» said CBDT in a press release dated April 8, 2024. However, this does not mean that you can live worry-free in case there is a mismatch between the rent paid by you and the receipt of rent by the landlord and there is a situation of possible tax evasion.

It can certainly be quite challenging to manage multiple credit cards, but if you follow right strategies, you can maximise their benefits while keeping pitfalls minimum. 

These chips are expected to be available in platforms from HP and Lenovo starting in the second quarter of 2024, AMD said in a press release.

Priyanka Chopra, the renowned Bollywood and Hollywood actor, recently shared a behind-the-scenes glimpse from the set of her upcoming Hollywood film, 'Heads Of State.' However, amidst the filming excitement, Chopra encountered a minor mishap, sustaining injuries during the shoot.

LiveMint to track live updates on Lok Sabha elections. Lok Sabha Polls 2024: The Trinamool Congress will hold a Shobha Yatra in West Bengal’s Howrah to mark Ram Navami.

Every small business owner knows how difficult it can be to access affordable capital. But for many women in the Global South, it’s not just difficult, it’s often impossible. A few years ago in Senegal, I met a woman who decided to do something about that problem.

Polarized times bring new judicial challenges. Consider the difficulty faced by the US judiciary in selecting a jury for one of former president Donald Trump’s many trials, this one for whether he falsified business records to cover up hush money paid in 2016 to a former adult-film performer.

₹64.3 crore while in 2021 it was over ₹1,000 crore. Recovery of such fines has only been 0.4% over the past five years. The current framework for fine imposition and recovery must be made more enforcement-oriented.

Congress is contesting the Ghaziabad seat, apart from other seats in UP, in alliance with SP as part of opposition’s INDIA bloc.Ghaziabad is going to polls in second phase of voting on April 26. The two leaders have not campaigned together for any of the ten seats of Western Uttar Pradesh going to polls in the first phase of polling on April 19. AICC general secretary Priyanka Gandhi will also be holding a roadshow in western Uttar Pradesh’s Saharanpur on Wednesday.

The world is facing its worst five-year span in three decades. Higher interest rates have left developing countries crushed by debt, and half of the poorest economies haven’t recovered to where they were before the pandemic. Growth is weak across large swathes of the world, and inflation remains persistently high.

GT vs DC IPL 2024: Gujarat Titans (GT) will clash with Delhi Capitals (DC) on April 17. Ahead of the especially crucial match for Delhi, their all-rounder Sumit Kumar has revealed his role model. The upcoming IPL match will take place at Narendra Modi Stadium in Ahmedabad.

Ayodhya Ram Mandir will take place around 12.15 pm on the occasion of Ram Navami today, April 17. During this celestial event that will last four minutes, the Sun rays will form a 75 mm ‘tilak’ on the forehead of Ram Lalla. The timings of ‘Surya Abhishek’ have been calculated by the scientists of Central Building Research Institute (CBRI), Roorkee after observing the movement of the Sun, according to the Sri Ram Janmabhoomi Teerth Kshetra Trust as quoted by Hindustan Times. The Trust stated that an optomechanical system with high-quality lenses and mirrors, installed on the top floor of the temple, will be used to perform the ‘Surya Abhishek’.

Vodafone Idea (VI), which has been plagued by losses and subscriber erosion, is coming up with a follow-on public offer (FPO) on April 18. The Rs 18,000 crore share sale is expected to attract some marquee investors including GQG Partners, Morgan Stanley Investment Management, AustralianSuper, Fidelity among others.

India may strike a deal with Nvidia to source graphics processing units (GPUs) from the US manufacturer, and offer them to local startups, researchers, academic institutions and other users at a subsidised rate under its ₹10,000 crore Artificial Intelligence Mission, people in the know of the matter said. The plan is at a «very early stage» and a decision is likely to be made after the elections, an official said.

Donald Trump's hush money trial were seated Tuesday after lawyers grilled the jury pool about their social media posts, political views and personal lives to decide who can sit in fair judgment of the former president. The panelists who were selected are an information technology worker, an English teacher, an oncology nurse, a sales professional, a software engineer and two lawyers.