UPS Financial News

₹309 crore though its revenue also grew by 96% to ₹326 crore. The 2022-23 statements are not available on the Registrar of Companies. None of the two tech investments cited above are expected to be a write off—certainly not at the scale of Byju’s—but General Atlantic did have another stroke of bad luck, in October 2022.

Edited excerpts: IBM Consulting comprises 160,000 people including 21,000 data scientists and AI professionals, and a generative AI CoE (centre of excellence) of over 1,000 people. We’re working in three big areas. One of them is customer care and customer experience—applying generative AI for contact centre agents to improve call handling times and deliver better customer experience.

—Name withheld on request As per the Income-tax Act , interest received from NRE account is exempt from taxes for an individual, till the time the individual qualifies as person resident outside India (PROI) under the provisions of the Foreign Exchange Management Act, 1999 (Fema) or is a person who has been permitted by RBI to maintain the said account. As per Fema, person resident in India (PRII) means a person who was residing in India for more than 182 days during the preceding financial year but excludes a person who stays outside India for employment/ business/ for uncertain period or a person who comes to stay in India, otherwise than for above purposes.

Multiple fund manager/fund house: When you create a portfolio using four to five MFs, you are exposed to multiple fund managers/ fund houses; however in the case of PMS you stick with a single fund manager or fund house, increasing your fund manager risk considerably, especially while investing higher. Multiple fund managers also help you experience different styles of investment management. Taxation: In both MF & PMS the fund manager engages in buying and selling of securities depending on the market conditions.

BSF, in its post on the microblogging website, X (formerly Twitter), said that the force is truly becoming inclusive. "BSF is truly becoming an inclusive Force where #ladies are taking rapid strides everywhere. In a step in this direction, after rigorous training, #BSF has got the First #Mahila Sniper," the post read.

Narendra Modi today urged 'everyone' to donate money to the Bharatiya Janata Party to boost nation building by monetarily helping the efforts of the saffron party, which meanwhile is gearing up for the Lok Sabha elections. The call to donate money to BJP comes weeks after the Supreme Court banned electoral bond, which was introduced by the Modi government, and helped political parties raise money. These bonds, which allowed for anonymous donations, had become a key component of political funding, with some regional parties relying heavily on them for financial support. For the BJP, electoral bonds constitute more than half of its overall income, indicating their crucial role in sustaining political campaigns. The prime minister donated 2,000 rupees to the BJP party fund.

schedule for the Common University Entrance Test (CUET)-UG is likely to be changed depending on the Lok Sabha elections schedule, according to UGC Chairman Jagadesh Kumar. The National Testing Agency (NTA) on Tuesday announced that the exam would be conducted from May 15 to 31 and the results declared on June 30. India is gearing up for general elections to elect its 18th Lok Sabha, the schedule for which is likely to be announced this month. «The dates announced by the NTA are tentative. Once the election dates are announced, the NTA will finalise the CUET-UG dates. The tentative schedule is from May 15,» University Grants Commission (UGC) chief Kumar told PTI on Sunday.

Lok Sabha elections in Uttar Pradesh, the ruling Bharatiya Janata Party (BJP) has announced candidates for 51 seats. This declaration sheds light on the political landscape in the state, offering insights into the contest dynamics. The BJP's decision comes in the wake of its coalition partner, the Samajwadi Party (SP), revealing candidates for 31 seats, a significant move shaping the electoral narrative. However, the SP's initial decision to contest from Varanasi was later retracted due to an arrangement with the Congress regarding seat-sharing. Meanwhile, amidst fervent calls from party supporters urging the fielding of Rahul Gandhi and Priyanka Gandhi Vadra from Amethi and Raebareli constituencies, the Congress is yet to finalize its list of candidates.

JERUSALEM (Reuters) — The Israeli military said on Sunday it intensified operations in the southern Gaza city of Khan Younis, destroying dozens of Hamas targets in a blitz of air and artillery strikes.

By James Oliphant

By Hyun Young Yi and Hyonhee Shin

February was another terrific month for the stock market as the S&P 500 and Nasdaq wrapped up their fourth winning month in a row to notch their best start to a year since 2019.

China’s woes. Just over a year ago, Mr Xi abandoned his strict “zero-covid" measures, which had been in force for nearly three years and had led to ever more frequent lockdowns. But the country did not experience what Mr Xi described in his speech as a “smooth transition".

The S&P BSE Sensex rallied more than 1,200 points to hit a fresh record high of 73,819 while the Nifty50 closed with gains of more than 355 points to close at 22,338.

minister on Sunday said the country's external sector performance has seen a marked improvement year on year with tourism fetching USD 342 million in January 2024, an impressive 122 per cent jump from last year. Speaking in Ruwanwella, his home constituency, Minister of State for Finance Ranjith Siyambalapitiya was delving into the Central Bank of Sri Lanka's external sector indicators issued mid-week. Siyambalapitiya said the bank figures show that receipts from tourism had fetched USD 342 million, which is a 122 per cent growth in January 2024 year on year.

₹40,000 price segment, especially when many of them come with similar sounding specifications. But worry not, we've got you covered with the list of the best smartphones you can buy in this price range and keep reading till the end to know our picks for the ultimate phones in this segment. OnePlus 12R features a 6.78-inch AMOLED ProXDR display with support for LTPO4.0, meaning the smartphone can go from 1-120Hz depending on the app running on the screen.

In the late 1990s and early 2000s, the U.S. and the global economy experienced a “China shock," a boom in imports of cheap Chinese-made goods that helped keep inflation low but at the cost of local manufacturing jobs. A sequel might be in the making as Beijing doubles down on exports to revive the country’s growth.

BJP announced its first list of 195 candidates for the upcoming Lok Sabha polls, the Overseas Friends of BJP in the US has kicked off its 2024 election campaign pledging to volunteer and contribute towards the goal of winning 400 seats in the elections. The Bharatiya Janata Party (BJP) on Saturday released its first list of 195 candidates out of which 51 are from Uttar Pradesh, including Prime Minister Narendra Modi from Varanasi. «The Indian Diaspora is going to support the BJP in India,» Adapa Prasad, president of Overseas Friends of BJP (OFBJP) USA told PTI after the conclusion of the kick-off event on Saturday in a Maryland suburb of Washington DC. The event was attended by about 100 core members of the OFBJP.

Stock Market News: Domestic equity benchmark indices, the Sensex and Nifty 50, ended Saturday's special trading session on a bullish note. During the special live trading session on Saturday, the domestic benchmark indices mirrored the favourable overnight cues from Wall Street, as the Nifty 50 reached a new all-time high of 22,419.55.

Exuberance is back in markets. A frenzy over artificial-intelligence technology has stoked a monster run in Nvidia shares. Major stocks indexes are clinching repeated records.

Realme and Xiaomi a run for their money. A major revelation from the official images is the inclusion of the iconic glyph interface on the Nothing Phone 2a, putting to rest any lingering doubts about its presence.