UPS Financial News

Cameron Brandt, Director of Research, EPFR Global, says it is now the turn of US equity funds to see something of a reversion to the mean. The free pass they got in the immediate aftermath of Donald Trump's election, if not revoked, is certainly being scrutinised. The past 10 days have not been terrible for emerging markets. There has been a pickup of flows into dedicated Europe and Japan equity funds. In India, valuations are starting to get to levels where people will be comfortable again and maybe even see an upside. The last time we spoke, there was only bad news for emerging markets like India. When do you think there will be only good news for emerging markets like India? Cameron Brandt: It is certainly not quite as gloomy for emerging markets as when we last talked. But the emerging markets that are doing best at the moment are the ones perceived as being geared to Europe. We have had a fairly bumpy period, but it is Europe that has been catching the attention and flows. That said, the reallocation away from emerging markets definitely seems to be slowing. It has not stopped, but there are certainly points of life in the general universe and it is now the turn of US equity funds to see something of a reversion to the mean.

«With GDP growth projections above 6 per cent annually, India's energy demand will continue to soar, and the country will remain heavily reliant on fossil fuels, including oil, to meet its needs,» said the report. As per the International Energy Agency (IEA) India's oil demand is projected to rise by 1.3 million barrels per day (mbpd) by 2030. The Organization of the Petroleum Exporting Countries (OPEC) estimates an even higher increase of 1.8 mbpd, bringing India's total oil consumption to 7.1 mbpd, up from 5.3 mbpd in 2023.

Pushpa franchise has taken Indian cinema by storm, with both installments smashing box office records and leaving audiences craving more. Now, fans of Allu Arjun can rejoice as the makers have officially confirmed that Pushpa 3 is on the way! Producer Ravi Shankar Yerneni recently revealed that the third chapter of the blockbuster series is set to begin in 2028. However, fans will have to wait a little longer as Allu Arjun and director Sukumar are tied up with prior commitments. The superstar has two massive projects lined up—one with Atlee and another with Trivikram Srinivas—both of which are expected to keep him occupied for the next couple of years. Meanwhile, Sukumar is currently working on a film with Ram Charan, further delaying the timeline for Pushpa 3. Despite these packed schedules, the makers assure that the wait won’t be as long as it was between Pushpa: The Rise and Pushpa: The Rule. Once Allu Arjun wraps up his prior commitments and the director also completes his project, work on Pushpa 3 will start and the makers are aiming for a 2028 release. As per reports, the third installment of the film is titled, Pushpa 3- The Rampage.

work visas give you that freedom—allowing you to stay, work, and even eventually settle in the country where you earned your degree. For many Indian students, this promise is a game-changer. Let’s explore some top destinations that offer extended work visas and see how they can help you launch a global career. The UK Advantage: A Stepping Stone to Global Success The United Kingdom’s Graduate Route Visa allows international graduates to remain in the country for two years after completing their studies—with an extension to three years for PhD holders. This generous timeframe gives you ample opportunity to gain work experience, build professional networks, and transition into a career in one of the world's most dynamic economies. With its renowned research institutions, diverse cultural scene, and world-class companies, the UK remains a highly attractive destination for graduates aiming to make an international impact. Germany: Precision, Innovation, and a Launchpad for Global Careers

Indiana, Kentucky, and Mississippi are attracting workers away from big cities and into rural and suburban areas, according to a report by Fortune. The report states that these towns are offering a range of perks, from something as simple as free eggs to relocation grants of up to $5,000. According to Fortune, Noblesville is providing a $5,000 relocation grant, annual memberships to the town’s coworking space and chamber of commerce, and even a $500 health and wellness stipend. «New Haven, IN, is offering burgers and bourbon with the mayor. In Wabash County, IN, you can join your neighbors on a rafting trip. In Mayfield, KY, they are offering a monthly gift of a dozen locally sourced eggs,» the report added. Amid rising housing costs, struggling education and healthcare systems, and hopes for better infrastructure, many Americans are now considering a move to smaller towns. Citing an analysis from Realtor.com, the report claimed that millennials, in particular, are relocating to small towns and rural areas at the highest rate seen in decades.

Dodla Dairy Ltd.(up 4.68%), Gillette India Ltd.(up 4.35%), Vadilal Industries Ltd.(up 3.68%), LT Foods Ltd.(up 3.55%), Varun Beverages Ltd.(up 3.14%), Bajaj Consumer Care Ltd.(up 1.94%), Hatsun Agro Products Ltd.(up 1.88%), Godrej Consumer Products Ltd.(up 1.73%), Procter & Gamble Hygiene & Healthcare Ltd.(up 1.33%) and Nakoda Group Of Industries Ltd.(up 1.14%) were among the top gainers.

Gen Z has been in the workforce just long enough to want out. Well, at least temporarily. The concept of a micro-retirement has started to trend (again) on social media, which makes it seem as if an entire generation of twenty-somethings wants to take an adult gap year. Is this a rebranding of the more well-known sabbatical? Yes, with a couple of noteworthy caveats: Micro-retirement isn’t employer-granted — say goodbye to pay while you’re away or a guaranteed job upon return — and it’s meant to be more of a routine lifestyle choice to combat burnout and pursue personal passions. But it’s not Gen Z that should be fixating on micro-retirement; it’s companies.

Benchmark NSE Nifty index rose 88.3 points to 22485.5 amid buying in frontline bluechip stocks.

Stocks that rallied over 10% included, KPT Industries(13.00%), Lypsa Gems(12.85%), Anuroop Packaging(12.85%), Paramount Cosm(11.95%), Narendra Prop(11.86%), Reliable Data Services(11.71%), Ceeta Ind(11.00%), Mercantile Ventures(10.66%), Sika Interplant(10.62%) and Crane Infrastructure(10.62%).

Bitcoin (BTC) and major cryptocurrencies showed mixed trends on Monday, 17th March, as the market remained cautious ahead of key economic events. While Bitcoin, Ethereum, XRP, Solana, Dogecoin, and Cardano declined up to 4.5%, BNB, Toncoin, Hedera, Litecoin, Polkadot, and Shiba Inu posted gains of up to 5%. As of 10:53 am IST, Bitcoin was down 0.7% at $83,698, while Ethereum slipped nearly 1% to $1,907. The global cryptocurrency market cap dropped 0.78% to approximately $2.74 trillion over the past 24 hours.

Three days ago, Vinaykiya voiced her thoughts on LinkedIn, addressing the return-to-office mandates, escalating living costs, and stagnant wages affecting Gen Z professionals. “I will not be in the office four or five days a week. Full stop,” the 25-year-old declared in her LinkedIn post. According to her profile, she serves as a Global Influencer Strategy Manager at the Lego Group. She attributed her firm stance against in-office work to the soaring cost of living in the UK capital.

Niraj Cement(up 20.00%), Frontline Corp(up 19.01%) and Yogi Infra Proj(up 17.24%) were among the stocks that surged over 15%.

TikTok in 30-second flashes. Migrants trek in camouflage through dry desert terrain. Dune buggies roar up to the United States-Mexico border barrier. Families with young children pass through gaps in the wall. Helicopters, planes, yachts, tunnels and jet skis stand by for potential customers. Laced with emojis, the videos posted by smugglers offer a simple promise: If you don't have a visa in the U.S., trust us. We'll get you over safely.

Bharat Forge Ltd.(up 1.98 per cent), Mahindra & Mahindra Ltd.(up 1.5 per cent), TVS Motor Company Ltd.(up 1.11 per cent), Exide Industries Ltd.(up 0.97 per cent) and Tata Motors Ltd.(up 0.79 per cent) were among the top gainers.

Domestic benchmark index NSE Nifty gained 81.0 points to 22478.2, while the BSE Sensex traded 266.35 points up at 74095.26.

One MobiKwik Systems, the parent company of digital payments provider MobiKwik, slumped by as much as 14.6% on Monday, hitting a fresh 52-week low of Rs 231.05, after the expiration of a three-month lock-in period. The expiry has unlocked 46 lakh shares, or 6% of the company's outstanding stock, making them eligible for trade. The stock has experienced a significant decline, falling 61% from its post-listing high of nearly Rs 700. It has also dipped below its IPO price of Rs 269, adding to investor concerns. Over the last week, the shares have fallen by 13%, and in the past month, the drop has widened to 24%.

Destiny Church, to violate teenage boys has been convicted and jailed for his despicable acts. The 29-year-old Kiwa Hemi Tamati Edward Hamiora-Te Hira had in December 2024 pleaded guilty to the charges of sexual offences and was on Monday (March 17) sentenced to six years and four months in prison by the Manukau District Court. While reading out the sentence to Hamiora-Te Hira, Judge Clare Bennett observed that his victims were aged between 13 and 24 years. They had come to the convict, who was a member of the Destiny Church, for counselling where he won their trust and then went on to sexually abuse them, the judge noted. The convict was working with Boys2Men and Youth Nation when he met his victims who were young boys then. Hamiora-Te Hira was found guilty after many of his victims described the details of what transpired between them. One of the victims described Hamiora-Te Hira as a «brother and a father figure», outlining the deep faith and trust they had placed on the perpetrator. «He was like a brother… father figure to me. I have flashbacks and nightmares about what happened,» stated the victim. Judge Bennett pointed out that Hamiora-Te Hira was “persistent and pernicious” in his predatory behaviour.

Godrej Properties Ltd.(up 1.57 per cent), Sobha Ltd.(up 0.62 per cent) and Raymond Ltd.(up 0.52 per cent) were among the top gainers.

Ashapura Minechem Ltd.(up 2.42%), Pokarna Ltd.(up 2.41%), MOIL Ltd.(up 1.79%), Coal India Ltd.(up 0.96%), NMDC Ltd.(up 0.77%), Lexus Granito(India)Ltd.(up 0.53%), Aro Granite Industries Ltd.(up 0.32%), Gujarat Mineral Development Corporation Ltd.(up 0.32%) and KIOCL Ltd.(up 0.21%) were among the top gainers.

«If you look at the biggest gainer, the crude prices which has cooled off and inflation below sub-4, RBI's interventions what we have seen, so all these things are just getting a base for our markets to move up and as I said, it will be a stock pickers and the stock specific rather than the entire market selling into it,» says Rahul Shah, MOFSL. What is it that your strategy is in this market? Time to buy yet? Rahul Shah: What we have seen in last five-six months after a steep correction, because stock-wise there is a lot of correction other than the indices. So, after three good years, market is showing some kind of cool-off or maybe a base which is getting created before it takes off.

Donald Trump said he would speak to Russian President Vladimir Putin on Tuesday as he pushes to end the war in Ukraine. The U.S. leader disclosed the upcoming conversation to reporters while flying from Florida to Washington on Air Force One on Sunday evening. «We will see if we have something to announce maybe by Tuesday. I will be speaking to President Putin on Tuesday,» Trump said. «A lot of work's been done over the weekend. We want to see if we can bring that war to an end.» Although Russia failed in its initial goal to topple Ukraine with its invasion three years ago, it still controls large swaths of the country. Trump said land and power plants are part of the conversation around bringing the war to a close.