UPS Financial News

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Energy & Utilities, Building & Construction and Real Estate Development sectors led shares higher.

polling stations across Russia on Sunday to take part in what the anti-Kremlin opposition said was a peaceful but symbolic political protest against the re-election of President Vladimir Putin. In an action called «Noon against Putin», Russians who oppose the veteran Kremlin leader went to their local polling station at midday to either spoil their ballot paper in protest or to vote for one of the three candidates standing against Putin, who is widely expected to win by a landslide.

Narendra Modi will address his second campaign rally in Karnataka on Monday. The BJP leaders are trying their best to buy peace with the veteran leader from the region, KS Eshwarappa, as he has decided to stay off the Modi rally in a show of rebellion against parliamentary board member BS Yediyurappa. Eshwarappa, a senior Kuruba leader and a former state president, has not budged an inch from his decision to contest as an independent against BY Raghavendra (50), the son of BSY. BJP leader N Ravikumar, however, claimed they had invited Eshwarappa, and he would be there at the rally. The party said it would expect about 2.5 lakh people to attend the event, and JDS leaders would share the dais with the PM. The BJP is holding its campaign rally at the assembly constituency Eshwarappa previously represented.

Indian stock market remains attractive, say experts, suggest stocks to buy for long term Recently Fitch Ratings has raised its forecast for India's economic growth to 7 per cent for the next financial year (FY25). The ratings agency underscored that India witnessed a GDP growth of more than 8 per cent for three consecutive quarters and the growth growth momentum may slightly moderate in the final quarter of the current fiscal year due to which, India's growth could come at about 7.8 per cent for FY24.

MUMBAI : Oister Global, which invests in PE and VC funds, is looking to deploy ₹4,500 crore in private market funds in the next two years, a top executive said. The Gurugram-based firm, which is also an investor in Blume Ventures, will deploy close to ₹1,000 crore by the end of this year, and ₹3,500 on top of that in the next year, said Rohit Bhayana, co-CEO & co-founder, Oister Global. “When we talk about these numbers, we're talking about both debt and equity.

Investing.com — Central bank decisions will be front and center in what’s set to be an action-packed week as investors attempt to gauge how close the Federal Reserve is to cutting rates. The Bank of Japan appears to be shaping up to exit negative interest rates after months of anticipation. Meanwhile, AI darling Nvidia (NASDAQ:NVDA) is to hold a closely watched developer conference. Here’s what you need to know to start your week.

Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.

Hindustan Times on Sunday. The investment consultant named Ambar Dalal has been booked by the Oshiwara police for cheating. According to the report citing the police, so far 55 investors with a collective loss of ₹54 crore had come forward, but they suspected it could be a ponzi scheme involving a much higher amount.

inflation has slowed sharply, petrol prices are down, jobs are plentiful, incomes are rising and the stockmarket is strong. But survey after survey suggests that Americans are in fact quite unhappy. They think that the economy is in bad shape and that President Joe Biden is mismanaging it.

Kejhas shared his bad experience after staying at a budget hotel near Mumbai airport. Taking to microblogging platform X (formerly known as Twitter), Kej said that the hotel had not only “untrained staff", but also “cockroaches in the room, faulty plumbing, non-existent laundry pickups, dirty toilet drains". The music composer said, that in the past, he had a similar experience with the hotel, however, he thought of giving them a "second chance." "Currently staying at @stayatginger Ginger Hotel at the Airport in Mumbai.

90 Day Fiancé: Happily Ever After?' Season 8 is set to explore the enduring relationships forged amidst the trials and tribulations of international romance. With viewers eager to witness the next chapter in the journeys of their favorite couples, here's everything you need to know about when and where to catch the premiere of Season 8, whether on television or through streaming platforms.

Urban Company on Sunday announced a partnership with quick-commerce app Blinkit to delivery its recently launched water purifiers, Native M1 and M2, to customers. Urban Company said its water purifiers will be delivered within 30 minutes via Blinkit and subsequently be installed in three hours. The quick-commerce firm began delivering on Sunday in parts of Delhi NCR, Mumbai, Bengaluru, Kolkata and Hyderabad.

Let's start with your personal story I attended St. Columba's School in Delhi, with deep roots in the capital city. Spouse holds a degree from IIM Ahmedabad and operates as an independent educational consultant. Proud parent of a final-year student at Yale University and a daughter currently attending class 11 at Cathedral School. Native to Delhi, fostering a profound understanding of the city's dynamics and culture. How did you land up in this job? I was recruited by S Naren at ICICI Prudential Mutual Fund in April 2016 to lead the Investment Research division. Progressively assumed responsibility as a Senior Fund Manager, overseeing select key strategies. Presently serving as Deputy CIO Equity, where my comprehensive macroeconomic perspective steers the investment approach of the fund management team.

Reliance Industries and Life Insurance Corporation of India taking the steepest hit amid an overall bearish trend in equities. Last week, the BSE benchmark tanked 1,475.96 points or 1.99 per cent.

second longest poll season ever, set to run for 44 days. The voter turnout amid the sweltering heat will be in focus, but data shows that Indians have increased their participation in elections over the years. Several states in the south and north-east crossed 70% voter turnout in 2019.

Lok Sabha elections is a mammoth exercise that entails the biggest peacetime movement of men and material in the world through waterways, air and land across India to ensure no voter is left behind. The Election Commission, mandated to hold the gigantic democratic exercise starts preparing for the polls at least one-and-a-half years in advance by training officials, poll personnel and ramping up the supply of required EVMs and indelible ink, besides other equipment. The elections for the 18th Lok Sabha will begin on April 19 followed by subsequent phases on April 26, May 7, May 13, May 20, May 25 and June 1. Nearly 97 crore registered voters across 543 constituencies will cast their ballot at 10.5 lakh polling stations.

Mother Dairy will invest Rs 650 crore to set up two new plants for processing of milk as well as fruits and vegetables to expand its business amid rising consumer demand. Mother Dairy, which is a leading milk supplier in Delhi-NCR, will also invest another Rs 100 crore to expand capacities of its existing plants. «In our endeavour to expand our distribution and reach to our consumers, we have earmarked a capital expenditure (capex) outlay of over Rs 750 crore to enhance our dairy and F&V (fruits and vegetables) processing capacities across key locations,» Mother Dairy Fruits and Vegetables Pvt Ltd MD Manish Bandlish told PTI. Mother Dairy is coming up with a big dairy plant in Nagpur, Maharashtra with an investment of around Rs 525 crore, he said.

Haryana is key for parties in what is going to be a multi-corner contest in the Lok Sabha elections. Traditionally a stronghold of the Congress, the state's ruling BJP has been making efforts over the years to weaken the grand old party's grip in the Jat-dominated region that comprises the Rohtak and the Sonipat Lok Sabha constituencies. In the 2014 Lok Sabha elections, the BJP won seven Lok Sabha seats it had contested, losing only in Rohtak. The Indian National Lok Dal (INLD) had won two seats while the Congress won from Rohtak. After failing to break the Congress' grip on Rohtak at that time, the BJP stepped up its activities in the region in a bid to weaken the Hooda family stronghold and the Congress.

Coal India Ltd and NLC India Ltd to go for pithead-based thermal projects with an aim to reduce transportation cost and improve availability of dry fuel, a top government official said. The plan is that all new thermal projects of Coal India Ltd (CIL) and NLC India Ltd should come up near the coal mines, Coal Secretary Amrit Lal Meena told PTI. This will reduce the dependence on transportation, which is mostly through rail and road, and make the coal accessible for usage in power generation, he said, while replying to a question on new projects of coal PSUs, the official said. The move will also reduce logistics cost and cost of power generation, he said, listing the benefits of a pithead-based unit.

geopolitical risk globally which is leading to higher defense budgets b) Indian government policy of “AtmaNirbhar” or depending on self for ones’ requirement and hence domestic manufacturers getting a higher market share in the Country’s capex spent c) The companies now have strong longer term Order books, a good return ratios and promising profit outlook. How has India fared against its global peers? The equity markets world over have been very strong and polarized with the best performing market being Nikkei (Japan) up 16% in just ~75 days in 2024 and MSCI China down 2% a huge differential of 18% for the investor. The Indian market despite being expensive on a relative market seems to be going from strength to strength, with MSCI India up 6%, in line with MSCI World. The mid and smaller cap indices have started showing clinks in their armor, especially small cap which is flat CYTD underperforming the broader indices. This could be largely due to the stupendous performance of 54% in the last year for small cap and 6-0% for midcaps and profit booking.

LinkedIn, primarily known as a job-seeking and networking platform, plans to add gaming to its services to boost engagement time. According to a TechCrunch report, LinkedIn is developing a new gaming experience for its users and it will do so via puzzles and word-based games similar to Wordle. Three of its initial games are called “Queens”, “Inference” and “Crossclimb”, as per the report.