UPS Financial News

₹732, just 9 percent higher from its IPO price of ₹672. The stock doubled versus its IPO price while debuting in July 2023 and hit a record high of ₹1,344 (100% premium to IPO price) on its listing day but has seen a downward trend since then. Last week (February 14), the stock hit its record low of ₹689, down 49 percent from its listing price (record high) and up just 2.5 percent from its IPO price.

Ravichandran Ashwin reached a remarkable milestone of 500 international Test wickets during the 3rd Test of the ongoing 5-match series between India and England. In doing so, the veteran off-spinner broke many records and took his place among the legends of the game such as Muttiah Muralitharan and Anil Kumble. Ashwin's 500th wicket came when he came into the attack during the 1st innings of the Test match in Rajkot and within the 7 balls of his spell, the veteran spinner managed to remove England opener Zack Crawley from the crease.

Coal India Ltd’s (CIL) realization from coal sold through the e-auction route picked up sequentially in the three months ended December (Q3FY24), after falling for four straight quarters. The e-auction premium over coal sold through fuel supply agreement (FSA) prices stood at 117% in Q3 against 84% in Q2 aided by higher global coal prices. But it’s too soon to rejoice this as e-auction realization are poised to drop sequentially in Q4.

₹96,703 in 2015-16 to ₹2.71 lakh by 2022-23, targeting a 14.1% compound annual growth rate. However, a National Sample Survey report for 2018-19 showed farmer incomes averaging only ₹1.23 lakh, far from the target.

inflation rate has edged up and down over the last several months after dropping from its 2022 highs as global price pressures fade and the economy cools.Statistics Canada is set to release its January consumer price index report on Tuesday and forecasters expect Canada’s inflation rate fell. RBC, CIBC and TD all project the annual rate eased to 3.2 per cent, down from 3.4 per cent in December.Nathan Janzan, RBC’s assistant chief economist says the slowdown was likely driven by energy and food prices.“Gasoline prices were lower than a year ago in January and food price growth probably continued to slow on a year over-year-basis,” he said.“I think the attention will be more focused on the other components of CPI, just watching for signs that broader inflation pressures are continuing to slow, if only at a gradual pace.”As high borrowing costs cause consumers and businesses to pull back on spending, inflation is expected to slowly inch closer to the two per cent target by the end of the year.But unlike what’s typical when interest rates rise, the housing market won’t be helping the economy slow.

Burberry, it's the inspiration for seemingly endless variations of luxurious outerwear, from the heritage brand's best-selling trench coat to oversized duffels and fur-lined bombers. The British fashion house showcased its latest designs Monday at London Fashion Week to a soulful Amy Winehouse soundtrack interspersed with a woman's voice saying «I love London… the smell of London when it rains.» «Saltburn» star Barry Keoghan and «The Crown» actress Olivia Coleman were among celebrities who turned up on the VIP front row to watch the show, which drew heavily on the heritage house's military history and its signature check print.

Vishal Malkan, Malkansview.com, says that in case of HDFC Bank, “the intermediate low has been made at around Rs 1,380 and we can look at rallies back to Rs 1,485 to 1,500 in the next few trading sessions. It could be a good trading call. Again, from a long-term perspective, it has to cross many hurdles before it gets into that bullish mode on the monthly chart. But at least for the daily chart, we can have a good swing trade up to 1500.” What levels to watch out for in Bank Nifty? A grudging move in HDFC Bank seems to be taking the Bank Nifty higher? Vishal Malkan: Yes, Bank Nifty was struggling with 47,000 since the last few weeks. We have seen that it has not been able to cross that. Today, it looks quite positive… Once it closes above that 47,100 mark, we can easily look at another 600 to 700 points which could be a couple of days’ play for Bank Nifty.

Samajwadi Party leader Saleem Iqbal Shervani, who resigned as a general secretary of the party, on Tuesday said leaders from other parties have approached him but he is not going anywhere “as of now”. The former Union minister and five-time Lok Sabha MP from Badaun quit his post Sunday over the absence of a Muslim among his party's three nominees for the Rajya Sabha polls, saying it was an insult to the community. On Rahul Gandhi's “Bharat Jodo Nyay Yatra”, Shervani told PTI that going by the photos and videos on social media, there was no doubt that the Congress leaders is drawing people to him.

Vikrant Massey, known for his recent success in the film '12th Fail,' has shed light on his family's diverse religious backgrounds and personal reflections in a candid interview with Unfiltered by Samdish. Massey disclosed that his elder brother, Moeen, made a significant decision to embrace Islam at the age of 17.

By Paul Carsten

Investing.com-- The People’s Bank of China cut its five-year benchmark loan prime rate by a bigger-than-expected margin on Tuesday, loosening monetary conditions further in a bid to support a slowing economic recovery in the country. 

Parag Parikh Dynamic Asset Allocation Fund, an open-ended dynamic asset allocation fund. The new fund offer or NFO of the scheme is open for subscription and it will close on February 22. The scheme will re-open for continuous sale and repurchase on February 28. The investment objective of the scheme is to generate income/long-term capital appreciation by investing in equity, equity derivatives, and fixed-income instruments. The allocation between equity instruments and fixed income will be managed dynamically to provide investors with long-term capital appreciation while managing downside risk.

The category reserved for retail investors was subscribed 6 times, while that for NIIs was booked 80%.

Raymond Realty, the realty arm of Raymond Group, announced on February 20 the launch of its first project outside Thane — ‘The Address by GS, Bandra’. This is part of a company plan to expand beyond Thane through joint development agreements in the MMR region. The new project is inspired by the major success of its Thane’s flagship project — ‘The Address by GS’ — which has emerged as Thane's bestseller in premium category and is set to be delivered two years ahead of its timeline, a company filing said.

Congress and Samajwadi Party in UP for the general elections have hit a wall, casting a serious shadow on the future of the alliance. Congress general secretary in charge of organisation KC Venugopal however told media separately that discussions are going on and talks will be finalised at any point of time now. Talks had been going on between the two INDIA bloc members for over a month. A day ago, Akhilesh Yadav said he will join Rahul Gandhi's Nyaya Yatra in Raebareli, scheduled for Tuesday, only once the talks were finalised, triggering hectic parlays between the two parties all of Monday, that went on till late night.

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₹2000. We have included models from every price range and segment, catering to different usage and requirements. The reviews will allow you to have a holistic idea about the performance of every earbud, while the reasons to buy and reasons to avoid will give you a clear analysis of what is a dealbreaker or maker for every product.

what should be your trading strategy in this record-high environment? How should your portfolio look like? Here's what experts said: Tanvi Kanchan, Head – UAE Business & Strategy, Anand Rathi Shares and Stock Brokers For investors looking at the long-term perspective, short-term volatility can be used to increase exposure in sectors that are lower than long-term averages, as well as increasing large-cap exposure in the portfolio. An allocation between equity and debt as per tenor and risk profile can be maintained in the range of 60% - 70% in equity and balance in debt for an aggressive investor. Investors would do well to keep rebalancing their asset allocation and equity portfolio to realise profits from the equity portion (if it has overshot the allocated percent).

We work too fast and burn out. Or we procrastinate and get too little done, too late. Or we jump from task to task instead of focusing on one job and doing it well.

In a blog post, the ECB is at pains to debunk a number of myths about the role of a future digital euro, insisting that the new digital currency would be designed from the outset to preserve the economic function of commercial banks. It achieves this by placing strict limits on individual digital euro holdings and restricting merchants from hoarding digital euros processed at the checkout. Nor would the digital euro accrue interest - a feature which former Bank of England economist Andy Haldane has called out as "stealth tax scandal". Users would be able to seamlessly link their digital euro account to a payment account with their bank, says the ECB, enabling a 'reverse waterfall' mechanism.

₹20,000 price segment. Also Read | OnePlus Watch 2 teased, likely to launch on February 26: All we know so far The OnePlus Nord CE 3 Lite was launched last year at a price of ₹19,999 for the 8GB RAM/256GB storage base variant while the 256GB storage variant was unveiled at ₹21,999. However, after the latest price cut, the 128GB version of the OnePlus Nord CE 3 Lite is now available at a price of ₹17,999 while the 256GB storage variant starts from ₹19,999.