UPS Financial News

₹50-60,000 crore, a tiny fraction of India’s overall market capitalization. Further, F&O positions are skewed towards options in India. Globally, option volumes are around the same level as futures, but in India, options are 50-100 times futures.

Angel One: On March 26, the company announced the launch of a Qualified Institutional Placement (QIP) issue with a base price of ₹2,555 per share, which is approximately 7% lower than the current market price. Today, Angel One's shares closed at ₹2,750 each on the NSE, marking a 3.36% increase. The company stated in an earlier stock exchange filing that the objective of this fundraising is to enhance financial flexibility, grow the business, and leverage emerging opportunities within the existing and growing broking business as well as the broader fintech space.

Garena Free Fire Max redeem codes are 12-digit alphanumeric codes consisting of capital letters and numbers. Players can unlock a variety of in-game goodies such as skins, weapons and character upgrades by redeeming these codes.

Who won yesterday IPL Match? Chennai Super Kings (CSK) took on Gujarat Titans (GT) at home on March 26. Batting first, the defending champions set a target of 207. Gujarat's chase never picked up steam as GT's innings ended at 143/8 in 20 overs.

AP, Roland L Butler Jr, superintendent for Maryland State Police, said in the evening that the search and rescue mission was transitioning to one of search and recovery. He said, “Divers would return to the site at 6 am the following day when challenging overnight conditions are expected to improve." Also Read: 22 Indians on board ship that caused Baltimore bridge collapse 2. Early Tuesday, a cargo ship experienced a power failure and collided with a significant bridge in Baltimore, resulting in the rapid destruction of the structure and its collapse into the river.

Buy or sell stocks for today: On account of diverse messages from the US monetary policymakers and a tremble in the Chinese yuan, the Indian stock market snapped its three-day winning streak on Tuesday. The Nifty 50 index slipped 92 points and closed at the 22,004 level, the BSE Sensex shed 361 points and finished at the 72,470 mark whereas the Bank Nifty index ended 263 points lower at the 46,600 level.

Cohen Media Group is gearing up for the U.S. release of Marco Bellocchio’s acclaimed drama Kidnapped: The Abduction Of Edgardo Mortara. The film, which premiered at Cannes, TIFF, and NYFF in 2023, is set to hit U.S. theaters on May 24, according to a Deadline report. Storyline

In 2024, Bitgert’s price is forecasted to follow an upward trajectory. The 80% increase in price in the last month is a good indicator of the impending bull run Bitgert is being set up for.

As major crypto consolidate close to two-week highs, with Bitcoin (BTC) holding just above $70,000 and Ether (ETH) near $3,600, traders hunting for the best crypto to buy today are scouring movers and shakers in the altcoin market.

Altamount Road, the SoBo Billionaires' Row that's home to Mukesh Ambani, appears to have company in India's other metro cities, such as Bengaluru and Delhi-NCR, for the uber-rich tech and startup czars to stay connected and network with one another — from the comfort of their drawing rooms or gyms and club houses for that matter. In Bengaluru, houses in the Billionaires' Street (Koramangala), Epsilon Villas or Adarsh Palm Retreat (APR) are owned by the likes of Sachin and Binny Bansal, Flipkart cofounders, and its CEO Kalyan Krishnamurthy along with a few Infosys co-founders and the Raveendrans. The owners of several new-age firms such as Unacademy's Gaurav Munjal, PhonePe's Sameer Nigam, Meesho's Vidit Aatrey, the Zetwerk founders dot the palm tree and Mercedes-lined APR. 'India's CTO' Nandan Nilekani, Wipro owners — the Premjis, and Rahul Dravid also own homes in Koramangala, where property rates have already built a formidable moat of exclusivity.

geotag key telecommunication infrastructure, including telecom towers and optical fibre cables, to facilitate coordination, particularly during disaster situations. The mapping of telecom infrastructure will also facilitate setting up of other developmental projects across the country, officials aware of the development told ET. «We are working to geotag communication infrastructure across the country by 2027,» as per one official. For this, DoT will coordinate with other ministries and state governments so that data can be shared to facilitate setting up of other projects that require telecom infrastructure as the backbone.

Nirmala Sitharaman said Tuesday that Atal Pension Yojana or APY has been designed as an affordable scheme with a guaranteed pension amount. In a post on X, Sitharaman noted that the scheme has given 9.1% since inception, which is quite competitive even compared with other saving schemes. «Any upside above assured pension is completely with the beneficiary,» she noted. There were 4.53 crore subscribers under the scheme till March 4. Sitharaman observed that the feature under APY to automatically continue the premium payment unless the subscriber opts out is deliberate and a beneficial feature which is in the best interest of the subscribers. «Instead of requiring people to decide each year to continue, they have to take a decision to discontinue. This makes many of them take the right decision and save for their retirement,» she noted adding that APY maintains a robust communication channel with its subscribers. «Regular updates are sent via messages, ensuring that subscribers are well-informed about their accounts and the scheme's details,» she said in her post.

petroleum and natural gas ministry is drawing up plans to offer free piped natural gas (PNG) connections and consumption subsidies to poor households to help its wider adoption on the lines of the Ujjwala scheme, which popularised liquefied petroleum gas (LPG) among the poor, said people familiar with the matter. The plan is likely to be part of the ministry's proposal for the first 100-day agenda of the government which will be sworn in after the general election, they said. The Modi government has asked all ministries to propose new ideas and plans that could be launched or implemented in the first 100 days of the next regime. Officials are busy preparing the plans, which are likely to be discussed with the cabinet secretary in early May in the middle of the election, according to people in the know.

Indian lenders and Russia's Gazprombank have held exploratory talks over setting up correspondent banking services to facilitate cross-border payments and support international trade, according to a senior bank executive.Gazprombank representatives met some Indian bankers last month to discuss the proposal, the executive told ET. Correspondent banking involves contractual relationships between banks to provide reciprocal payment services. The establishment of such a facility with Indian lenders would help traders skirt some of the payment-related problems that have arisen after the US and its allies imposed sanctions on Russia for its invasion of Ukraine. «These are early-stage discussions, and both countries are looking at exploring measures to further strengthen banking ties,» the executive said.

wheat stock with the central government is likely to fall below the buffer norm as on April 1 for the first time in over a decade, the private wheat industry and trade, who have their eyes on Uttar Pradesh, currently the source of cheapest wheat in the country may have to wait before they refill their silos, till the government meets its procurement targets. «In a recent meeting, the government has signalled that the industry should 'not hoard' wheat during the arrival season and allow the government to procure wheat. However, practically, millers will have to buy wheat during the harvest season to run their plants. Trade sources said that the Multi-National Companies (MNCs) and big corporations have a tendency to stock wheat for the entire year.

MUMBAI : Employees of ICICI Bank reached out to small shareholders of ICICI Securities on the broking unit’s delisting vote that concluded on Tuesday, several investors who received the overtures said. Five shareholders said the ICICI Bank’s branch employees have called and made home visits persuading them not just to vote, but also to vote in favour of delisting. While all five got calls, only one got a home visit.

Last year saw tremendous enthusiasm around the concept of digital public infrastructure (DPI) during the G20 and after. What I didn’t realize at the time was that lurking just beneath the surface were strong undercurrents of disapproval. The arguments against DPI range from the semantic (that the term DPI flatters to deceive) to the techo-solutionist (not everything can be solved by throwing technology at it).

Recently, a working paper titled ‘Income and Wealth Inequality in India, 1922-2023: The Rise of the Billionaire Raj,’ by Nitin Kumar Bharti, Lucas Chancel, Thomas Piketty and Anmol Somanchi was released. Sections of the Indian media lapped it up, forgetting that it is not a peer-reviewed paper; nor has it been published by any reputed journal. We present arguments here in the hope that it will leave readers better informed on inequality in India.

Gold and silver prices Today on 26-03-2024: Check latest rates in your city The attention of the market is currently centered on the upcoming release of the U.S. Core Personal Consumption Expenditure Price Index data [PCE], scheduled for Friday. Market response to this data might be delayed until next week due to the Good Friday holiday.

Arvind Kejriwal shared his second order from jail. Part of the Francis Scott Bridge in Baltimore collapsed after being hit by a cargo ship — sending cars and people plummeting into the river. Meanwhile, a suicide bomber killed six people in Pakistan after ramming his explosive-laden car into a vehicle.