UPS Financial News
05.03 / 16:11
UPS
awards
film
War
Oscar
International
How ‘Godzilla Minus One’ reimagined the monster and snagged an Oscar nod
“Just terror on legs." That’s how filmmaker Takashi Yamazaki pictured Godzilla. His version of the cinematic monster both nods to the 1954 original and goes fully berserk with visual effects that have been honored with an Academy Award nomination—the first for a Godzilla picture, of which there’ve been dozens. The creature storms into Tokyo in Yamazaki’s “Godzilla Minus One," but the Japanese movie crept up on America.
05.03 / 16:11
UPS
economy
wellness
Simulation
2020
testing
Space startups get a boost with new govt facility
NEW DELHI : India’s space regulatory body has opened its first technical centre that it said would aid startups and larger private companies design and plan space missions. The Indian National Space Promotion and Authorization Centre’s (In-Space) facility in Ahmedabad will offer shared infrastructure including for climate simulation, thermal and vacuum environment simulation, and space systems assembly and testing environment.
05.03 / 16:11
markets
UPS
security
Research
trends
Trade
consequences
Gold surges to ₹65,000 per 10 gm, touches new all-time high in New Delhi
₹800 to reach a new all-time high of ₹65,000 per 10 grams in the national capital, driven by robust global trends, according to HDFC Securities. In the previous session, the precious metal had concluded at ₹64,200 per 10 grams. Spot gold prices (24 carats) in the Delhi markets are trading at ₹65,000 per 10 grams, up by ₹800, taking bullish cues from the overseas markets.
05.03 / 16:11
markets
UPS
IPO
Booking
Manufacturing
security
band
Sona Machinery IPO: Issue subscribed over 12.27 times on Day 1, check GMP and other details
₹14.76 crore from eight anchor investors on Monday, March 4. Also read: Sona Machinery IPO opens on March 5, price band fixed at ₹136-143 Sona Machinery is a diversified agro-processing equipment manufacturer with an extensive product range and caters to setting-up of Complete Rice Mill Projects as well as processing of other grains like pulses, wheat, spices, millet, etc. Its state-of-the-art portfolio encompasses grains pre-cleaner machines, rotary drum cleaners, vibro classifiers, stone separator machines, paddy de-huskers, husk aspirators, rice thick/thin graders, rice whiteners, silky polishers, optical sorters, multi graders, length graders, belt conveyors, bucket elevators, etc.
05.03 / 16:11
UPS
FIVE
Strategy
economy
show
recommendations
Delhi should get its share of taxes from Centre, says Atishi Singh
₹2 trillion in income tax (to the union government). Delhi is one of the engines of growth for the national economy. We are not saying give us everything that Delhi gives, but give us something.
05.03 / 15:55
markets
UPS
ETF
security
Bitcoin
Scandals
record high
Bitcoin hits record high of $69,202 on increased investor appetite
The world's largest cryptocurrency hit a high of $69,202, topping November 2021's all-time peak of $68,999.99. Investor interest has increased since the Securities and Exchange Commission approved 11 spot bitcoin ETFs in late January.
05.03 / 15:43
UPS
stage
cover
innovations
information
Features
5scape
5th Scape (5SCAPE) Presale Picking Up As Team Reveals Info About Upcoming VR Game
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
05.03 / 15:23
UPS
Apple
Growth funds dominate in February as Jupiter India and Scottish Mortgage rank most popular
Jupiter India was the most popular fund in February, signalling investors becoming more «confident and adventurous», said Kyle Caldwell, collectives editor at interactive investor. Rankings regular FundSmith Equity came in second, followed closely by the L&G Global Technology Index. Caldwell described the latter as a fund suited to «thrill-seekers», due to the exposure to US tech giants expected to benefit from AI advancement, but he noted that investors should be wary of its concentration, with Microsoft and Apple making up over a third of the fund. Income fund favourites jostle with...
05.03 / 15:23
UPS
Total value of UK M&A rises in Q4 despite drop in number of deals
On a monthly basis, December also saw fewer M&A deals at 83, compared to 130 in November. However, in terms of value, M&A activity was higher than in the third quarter of 2023. According to the ONS, inward M&A — where foreign companies acquire UK firms — was £8.6bn in the fourth quarter, up from £5.3bn in the three months prior. Outward M&A — where UK companies purchase foreign businesses — stood at £3.2bn, a £1.1bn increase from the third quarter. Domestic M&A was valued at £2.7bn, around £200m higher than the previous quarter. UK M&A activity drops 17% in 2023 Lucy Stapleton, ...
05.03 / 15:23
markets
UPS
Reuters
country
reports
Financial
UK bond markets face historic gilt issuance surge in coming financial year
Chancellor Jeremy Hunt is reportedly lining up a set of pre-election giveaways on Wednesday (6 March), including cutting national insurance by 2p, and is expected to unveil proposals for a historic bond issuance, excluding Bank of England transactions, for the fiscal year beginning in April. However, the Chancellor is also having to balance his tax cut ambitions with bond investor worries about the public finances. According to Reuters, prices of UK gilts have already fallen more than that of other countries, and there are substantial amounts of debt slated to enter the market. Fisca...
05.03 / 15:05
05.03 / 14:53
UPS
Election
President
Photos
Celebrity
Assam government requests EC to hold Lok Sabha polls in the state before Bohag Bihu festival
Assam government has requested to hold Lok Sabha polls in the state before Bohag Bihu festival. The agrarian festival is celebrated in the second week of April. An Election Commission of India (ECI) delegation is on a two-day visit to Assam. Chief minister Himanta Biswa Sarma said, “We have requested the Election Commission to hold an election before Bohag Bihu.” Assam has 14 Lok Sabha seats. This is the first election in Assam after the delimitation exercise was carried out last year. The first electoral roll after delimitation of assemblies and parliamentary constituencies was carried out was published in December last. It has found around 2,43,02,460 electors in the state.
05.03 / 14:52
markets
UPS
Strategy
Interface
Features
NPCI, startups brainstorm on ways to mitigate concentration risk on UPI
smaller players on Unified Payments Interface (UPI) to enabling a sort of reservation system among third-party apps to help the weaker ones grow, multiple ideas came up during a meeting on Tuesday between the payments industry and the National Payments Corporation of India (NPCI) which runs UPI. “NPCI mainly wanted to understand how they can enable smaller apps to grow on UPI and help distribute the load from the top three players to others in the market,” said a senior industry executive on the condition of anonymity.
05.03 / 14:33
05.03 / 14:33
05.03 / 14:29
markets
UPS
Align
Sustainability
trends
cover
Why Market Bubble Fears Might Be Overblown
Stocks reaching new highs often suggest that more highs could be on the way. However, occasionally, the market takes a break, similar to a runner stopping after covering a long distance.
05.03 / 14:28
UPS
Analysis
economy
Sustainability
show
reports
China stocks back in the sights of global fund managers
A shift away from Chinese equities by global long-term investors has taken a pause, with some funds getting less bearish, according to Morgan Stanley.
05.03 / 14:28
05.03 / 14:28
05.03 / 14:13
UPS
Citizens
Election
tenor
Fixed Deposit: This bank revises FD rates by 41 basis points, senior citizens to get 9.25%
Suryoday Small Finance Bank (SSFB) has revised interest rates on fixed deposits with effect from March 01, 2024. Interest rates for 25-month tenor was revised by 41 basis points (bps).
05.03 / 14:13
markets
UPS
Analysis
Election
trends
performer
The Pattern of Indian PSU Stocks: A warning for investors ahead of the Lok Sabha elections 2024
As India gears up for yet another Lok Sabha election in 2024, investors find themselves at a familiar crossroads. The phenomenon of Public Sector Undertakings (PSUs) witnessing a surge in stock prices leading up to elections, followed by a subsequent correction, has been a recurring trend over the past two decades. Examining the data reveals a compelling pattern that investors should take heed of before making their next move.
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