UPS Financial News

Subscribe to enjoy similar stories. There are many ways to become a professional chef. A tried-and-tested route is graduating from a culinary school and refining skills at restaurants.

Brigade Group, a real estate developer, and Gruhas, the investment arm of Zerodha co-founder Nikhil Kamath and Abhijeet Pai, have launched India’s first real estate tech and sustainability-focused investment fund—The Earth Fund. The Rs 300 crore fund, set up under Zoiros Projects Private Limited, includes a Rs 200 crore SEBI-registered Category II Alternative Investment Fund (AIF) and a Rs 100 crore green-shoe option. The Earth Fund aims to support startups that address challenges in the built environment through innovation and sustainable solutions. The fund will target early-stage tech startups, specifically those in Pre-Series A and Series A stages, working on real estate, construction, and sustainability solutions.

anti-dumping duty from $619 to $873 per metric tonne (MT) on aluminium foil imports from China. A gazette notification dated March 17 said the duty will be applicable on aluminium foil up to 80 micron, excluding aluminium foil below 5.5 micron for non-capacitor application. These developments come in the backdrop of United States (US) levying reciprocal tariffs. In addition to these, the US implemented a 25% tariff on all steel and aluminium imports last week. Domestic steel and aluminium producers fear that more Chinese products will make their way to India, putting pressure on margins. India’s provisional anti-dumping duty imposed under this notification shall be effective for six months and shall be payable in Indian currency, the notification said. This duty follows preliminary findings of Directorate General of Trade Remedies (DGTR) which concluded that the domestic industry has suffered material injury on account of the goods being exported to India from China. The order lists multiple China headquartered companies that were exporting to India at a price below the normal value, resulting in dumping. Those mentioned include Henan Mingtai technology development Co. Ltd., Henan Mingsheng New Material Technology Co. Ltd., Sunho New Materials Technology Co. Ltd., Shanghai Sunho Aluminium Foil Co. Ltd., Jiangsu Dingsheng New Materials Joint-Stock Co. Ltd., Inner Mongolia Lian Shen New Energy Co. Ltd., and Hangzhou Five Star Aluminium Co. Ltd.

Domestic benchmark index NSE Nifty ended 325.55 points up at 22834.3, while the BSE Sensex closed 1131.31 points up at 75301.26.

The Orissa Minerals Development Company Ltd.(up 7.25%), 20 Microns Ltd.(up 6.31%), Ashapura Minechem Ltd.(up 5.00%), Pokarna Ltd.(up 3.06%), NMDC Ltd.(up 2.87%), Sandur Manganese & Iron Ores Ltd.(up 2.74%), KIOCL Ltd.(up 2.26%), Aro Granite Industries Ltd.(up 2.15%), Gujarat Mineral Development Corporation Ltd.(up 2.15%) and Madhav Marbles & Granites Ltd.(up 1.86%) stood among the top gainers.

Shares of MphasiS Ltd.(up 4.24 per cent), L&T Technology Services Ltd.(up 3.57 per cent), Persistent Systems Ltd.(up 2.75 per cent), Coforge Ltd.(up 2.73 per cent) and LTIMindtree Ltd.(up 1.97 per cent) ended the day as top gainers in the pack.

digital arsenals" to interfere in Western democracies, while their messaging around the war in Ukraine had become increasingly aligned. «Foreign information manipulation and interference is a major security threat to the EU,» foreign policy chief Kaja Kallas said in a report. «We must not underestimate the power that this has over us, or the intentions of those behind it.» In its latest annual report on the subject Brussels said that last year it tracked disinformation attacks against over 80 countries and more than 200 organisations. The war in Ukraine remains a major target for Russia — but events such as the Olympics in Paris, elections in Moldova and farmers' protests in Germany were also in the crosshairs.

Subscribe to enjoy similar stories. A recent report by an investment bank says that the three biggest areas of focus on the economic-policy front for the Indian government right now are striking bilateral trade deals, stepping up investments in strategic industries such as semiconductors and reducing the burden of regulation on firms as well as citizens. The new Economic Survey written by officials in the finance ministry made a compelling case on how a surfeit of outdated regulations hold back the growth of firms, especially smaller enterprises that drive job creation.

Subscribe to enjoy similar stories. Berkshire Hathaway stock continued its strong 2025 advance Monday, hitting a record high and putting it way ahead of the S&P 500 index so far this year. Berkshire’s Class A stock rose 1.8% to $784,957 while the Class B shares ended at $523.01, up 1.6%.

Subscribe to enjoy similar stories. Last year Roche, a Swiss pharmaceutical firm, published a review of the clinical trials on neurological drugs it had held between 2016 and 2021. It found that black people were under-represented in all but one.

Subscribe to enjoy similar stories. MUMBAI : Over the past few years, a new fund category—multi-asset funds that invest in equity, debt, gold, and international stocks—has taken root in India. With renewed interest in foreign stocks and changes in taxation introduced in the 2024 budget, multi-asset funds can be an attractive proposition.

Subscribe to enjoy similar stories. Investing in the National Pension System (NPS) is a long-term commitment, but life doesn’t always wait until retirement. What if you need funds for a medical emergency, your child’s education, or even to start a business? While NPS has a strict lock-in period, the Pension Fund Regulatory & Development Authority (PFRDA) allows partial withdrawals under specific conditions—offering a way to access some of your savings without breaking the long-term retirement plan.

Subscribe to enjoy similar stories. Mumbai: State-owned Bank of India is looking to go beyond its comfort zone of lending to companies with the highest credit ratings to shore up its margins, which is already under pressure and could sink further following the Reserve Bank’s rate cut. Chief executive Rajneesh Karnatak said in an interview withMint that the bank is looking for companies rated ‘BBB’ or ‘A’ to lend to, as those rated ‘AA’ or above have more bargaining power on lending rates.

Subscribe to enjoy similar stories. The consumer spending boom is fading, and that could spell trouble for the global economy. The latest retail sales report missed the mark on Monday.

BYD has unveiled a megawatt charging system that it says can charge an EV as quickly as filling up a fuel tank, and said it will build a network across China, igniting a new super charging race. Here are more details about the Chinese electric vehicle giant's new technology and why the fast-charging space is attracting interest: WHY DOES FAST-CHARGING EV TECHNOLOGY MATTER? Drivers sceptical of EVs have cited worries that their batteries could go flat during long-distance drives, prompting automakers to come up with fast-charging as well as battery-swapping technology as solutions.

Lok Sabha during the ongoing Budget session of Parliament, highlighting the significance of the Maha Kumbh. He said the entire world witnessed the grandeur of India during Mahakumbh. «I am here to give statement over Maha Kumbh which was held in Prayagraj. Through this House today, I salute the people of the country because of which the Maha Kumbh was held successfully. Several people had a role to play in the success of Maha Kumbh. I thank all the 'karm yogis' of the government and society.»

Rabri Devi on Tuesday turned up at the office of the Enforcement Directorate here, following a summons issued by the agency in connection with its probe into the land-for-jobs scam. The RJD leader reached the ED's Bank Road office along with her eldest daughter Misa Bharti, the Lok Sabha MP from Patliputra, who is also named as an accused in the case.

Benchmark NSE Nifty index rose 245.41 points to 22754.15 amid buying in frontline bluechip stocks.

«Gold looks on a better footing. It has delivered great return like equity, but we will have to realise whether we will be able to liquidate gold or not,» says Nilesh Shah, MD, Kotak AMC. Gold and Nifty have given similar returns. I mean, why are we doing so much of analysis every day? So much of volatility. We look at macro, we look at rupee, we look at earnings, we look at PE. Life is so simple. Just buy gold, forget it. Nilesh Shah: So, we will have to figure out when Indians decide to sell gold, who will buy. Today, gold prices are up because we are one of the largest buyer. Fortunately, for India, central banks of the world have become like our housewives.

The NSE Nifty index was trading 251.6 points up at 22760.35, while BSE Sensex was up 851.73 points at 75021.68 at the time of writing this report.

On the BSE, Looks Health Services(down 16.42 per cent), DAPS Advertising(down 16.01 per cent), Ekennis Software Service(down 14.78 per cent), Khandelwal Extr(down 14.76 per cent) and Diggi Multitrade(down 10.52 per cent) were among the stocks that plunged over 5 per cent during the session.