UPS Financial News

Archaeological Survey of India (ASI), continued on the eighth day amid heightened security arrangements. The security has been stepped up in view of the Friday prayers to be offered by the Muslim community members at the site, a police official said. Members of the ASI team reached the controversial complex around 6 am, carrying gadgets, bags and files with them. «In addition to the existing force, 35 additional policemen were deployed at the Bhojshala complex on Friday. In the past, around 1,600 people used to offer namaz at the site. But after the ASI launched its survey, around 2,400 people offered prayers there between 1 pm and 3 pm last Friday,» Superintendent of Police Manoj Singh told PTI over phone.

«Globally, we are in a Goldilocks environment with good macros as you defined it, we have inflation which is trending down though it is persistent in the journey from 3% to 2%, it is showing some persistence but despite that central banks are talking about rate cuts,» says Ajay Bagga, Market Expert.

credit cards are not exempt. Below is an overview of key credit card-related updates taking effect from April 1, 2024: Starting from April 1, 2024, SBI Card will discontinue earning reward points on rent payment transactions for specific credit cards, namely AURUM, SBI Card Elite, SBI Card Elite Advantage, SBI Card Pulse, and SimplyCLICK SBI Card. For more information on the revised reward points program, please visit the SBI Card website or app.

Purvanchal Expressway, a 6-lane access-controlled highway connecting Ghazipur with the Uttar Pradesh capital, Lucknow. Yet, the town is known to rest of India for ‘Phatak’ – the sprawling home of the Ansaris, the family of the gangster-turned politician Mukhtar Ansari, who died of a cardiac arrest on March 28. In October 2023, two colleagues and I visited 'Phatak' for a story.

ICICI Securities (I-Sec) has been approved by over two-thirds of its public shareholders facilitating its transition into a wholly owned subsidiary of ICICI Bank. Notably, the listing in April 2018 did not yield any material benefit to the parent bank. Thus, the move seems like a course correction.

BEIJING — Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings.

The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said in an upgrade from its previous estimate

Congress will reserve 50 per cent of government jobs for women if it is voted to power, former party chief Rahul Gandhi said on Friday, asserting that powerful women will change the destiny of India. Gandhi asked why even today only one in three women is employed and why is there only one woman in 10 government jobs. «Isn't the population of women in India 50%? Is the presence of women in higher secondary and higher education not 50%? If so, then why is their share in the system so less?» the former Congress chief said. «Congress wants — 'Aadhi Abaadi Poora Haq', we understand that women's potential will be fully utilized only when women have equal contribution in the government running the country,» he said in a post in Hindi on X.

The bulk of Earth’s water, about 97%, is in salty oceans and thus useless for drinking or growing food. Of the 3% that is fresh, most is locked in ice sheets and glaciers, many of which are melting rapidly into the oceans thanks to climate change. A relative few drops of fresh water are available in ponds, lakes and rivers, which are easily accessible but also vulnerable to pollution, overuse and drought. Humanity’s biggest source of fresh water — representing just 0.8% of Earth’s total water — is in underground aquifers. Decades of drought, pollution and overuse are shrinking even that precious supply, and rising sea levels threaten to spoil even more of it with saltwater incursions. A recent survey of groundwater levels at hundreds of wells worldwide found that 71% have fallen since the start of the 21st century. Groundwater loss worsened at more than half of the studied wells during that time.

Quant Value Fund, the topper in the list, offered 69.40% CAGR on a lumpsum investment made in this fund on April 1, 2023. A lumpsum investment of Rs 1 lakh in this fund would have been Rs 1.69 lakh now.

investors across the financial spectrum are contemplating a year marked by remarkable gains in various sectors, spanning traditional equities, bonds, gold, and the ever-evolving world of cryptocurrencies. Amidst this dynamic landscape, Bitcoin has emerged as the standout performer, showcasing an impressive surge of over 150% over the past twelve months. Surpassing stalwarts like Nifty50 and Gold, which recorded gains of nearly 30% and 11% respectively, Bitcoin has delivered substantial returns. Meanwhile, some altcoins saw staggering price increases of up to 5,535%, generating unprecedented returns for investors.

Mutual Fund’s Retirement Readiness Survey 2023, two observations significantly struck my attention. One — that people plan for happy outcomes and disregard the importance of negative ones. Perhaps it's because we've witnessed our elders grappling with health issues, boredom, loneliness, and financial dependency on their children.

Narendra Modi, at his widely-reported meeting with Microsoft co-founder Bill Gates, broached the idea of green gross domestic product parameters, saying that the tools currently used to quantify economic growth are bad for the climate. Modi also said that climate action has picked up pace since the G20 Summit in India, held in September 2023. When asked about making green solutions more affordable, Modi stressed on the importance of a dual strategy: promoting nature- and climate-friendly innovation, and encouraging environmentally conscious lifestyles. He underlined the need to shift the current perspective on progress, noting that traditional markers like steel consumption and energy use can lead to increased carbon emissions.

ITR filing: As the financial year 2023-24 is about to end, earning individuals are busy finding out ways to save money meant for the income tax outgo. Some smart taxpayers would be busy planning their income tax for the next financial year as well. For a married taxpayer belonging to the Hindu community, Zerodha founder & CEO Nithin Kamath has suggested a hack while planning one's income tax return (ITR) for the next financial year. Zerodha's Nithin Kamath said that a married earning individual belonging to the Hindu community can use HUF (Hindu Undivided Family) tax benefits and save income tax as HUF is treated as a separate entity. He said that all deduction applies separately in HUF along with the individual deductions. Kamath shared this income tax return hack through a social media post using his 'X' account.

A young Alberta distillery just took home a huge title at the World Whiskies Awards in London, England, beating out submissions from Scotland, Ireland, Japan and the U.S.

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Arvind Kejriwal in the Baba Saheb Ambedkar Medical College sexual harassment case. He alleged that the file for the transfer of the accused principal had been held up for 45 days.

The choice to replace Adidas with Nike as the supplier of kit for the German football team from 2027 to 2034 was a purely commercial decision by the German Football Federation (DFB). Germans’ reaction to the ending of a 77-year-old all-German partnership was, by contrast, highly emotional. Commerce is destroying a piece of Heimat, lamented Karl Lauterbach, the health minister, using the German word that evokes the idea of home, belonging and place.

1. Chennai Super Kings (CSK): After back-to-back wins under captain Ruturaj Gaikwad's leadership, CSK is currently sitting at the top of the IPL 2024 points table with 4 points and a net run rate of 1.979. Till now, CSK has played two matches, the first against RCB and the second against the Mumbai Indians.

'Welcome to Wrexham' Season 3 will be delayed. FX announced Thursday that the third installment of Ryan Reynolds and Rob McElhenney's football drama will now be released on May 2, reports 'Collider'. 'Welcome to Wrexham' Season 3 was originally scheduled to be released on April 18, but it was pushed and FX did not give a reason. The sports documentary series narrates the struggle of Reynolds and McElhenney and depicts how they navigate their ownership of the world’s third-oldest professional soccer club in the northern Welsh city of Wrexham. In a statement issued Thursday, FX said, «In 2020, Rob and Ryan teamed up to purchase the 5th tier Red Dragons in the hopes of turning the Club into an underdog story the whole world could root for.»

Piyush Goyal, Commerce & Industry Minister, in conversation with Navika Kumar of ET Now at the Times Now Summit 2024. Goyal says: “This is an election where national issues and India's future assume the centrestage and not the local issues of the MLAs or of the corporators. It is that recognition that you have to get amongst the voters and I think then you are home and through.” You have moved from Cabinet to candidate. You are set to make a poll debut and will be fighting from Mumbai North in the general elections. How much has life changed for you? Piyush Goyal: What do you mean by “from cabinet to candidate”? I continue to be in the cabinet.