UPS Financial News

BSE is just short of 10%, investors would be right to want to see even better performance by these companies, especially the dominant energy firms. Over the past month, shares of IOC have risen close to 30%, BPCL more than 38%, and Coal India 26% to hit all-time highs. These companies, which all have very low leverage ratios, often far less than one, are run by professionals and their balance sheets rarely have a blemish thanks to their corporate governance standards.

Max Verstappen wins again. The teams often whisk men and machines from one glamorous location to the next by air. All of that involves spewing out plenty of carbon.

Karnataka Pradesh Congress Committee (KPCC) president D K Shivakumar on Saturday said there are chances of his party winning this time in the coastal belt in the forthcoming Parliamentary elections. Addressing reporters, Shivakumar, who is here to participate in the state-level party convention of workers ahead of the coming Lok Sabha polls, said there is potential for change in politics, and there are visible changes in the attitude of people in the coastal areas. «We are holding the state-level convention this time in Mangaluru as we perceive chances of winning from this region,» Shivakumar, who is the Deputy Chief Minister of the state, said. He said that the issues of unemployment and business stagnation in coastal Karnataka will be addressed by the ruling Congress.

The Mumbai-based precision component manufacturer of technical springs will launch its public offer which will be a mix of issue of fresh equity shares and an offer for sale (OFS).

Sora — OpenAI's new text-to-video generator. The tool, which the San Francisco company unveiled Thursday, uses generative artificial intelligence to instantly create short videos based on written commands. Sora isn't the first to demonstrate this kind of technology. But industry analysts point to the high quality of the tool's videos displayed so far, and note that its introduction marks a significant leap for both OpenAI and the future of text-to-video generation overall. Still, as with all things in the rapidly growing AI space today, such technology also raises fears about potential ethical and societal implications. Here's what you need to know.

Police camps have reached areas that were once considered Naxal strongholds in Gadchiroli and soon the menace will be eradicated with the support of citizens, Maharashtra Director General of Police Rashmi Shukla said on Saturday. The state's first woman DGP was speaking during her visit to Gardewada, an area once deeply affected by Left Wing Extremism, where a police post was set up recently. «Due to Naxal activities, this area was away from the mainstream. However, the police department has removed their fear from the minds of the people by setting up a police post in Gardewada,» she said. The state government is reaching out to people from the region with various welfare schemes, she added.

Anmol Kharb is a fearless and intelligent player and her emergence is refreshing for Indian badminton, gushed chief National coach Pullela Gopichand after the teenager's impressive show at the Asia Team Championships. The 17-year-old from Faridabad humbled world number 29 Natsuki Nidaira in the deciding fifth match against Japan, a win that carried India into first-ever final in the prestigious tournament. Anmol, who won the senior national champion in December 2023, had also notched up a thrilling three-game win over China's Wu Luo Yu on Wednesday in their group match. This is her first major international assignment.

Congress president Ajay Rai on Saturday said that the Raebareli Lok Sabha seat «will remain with Gandhi family.» During an interaction with the media, the state president said, «The people of Raebareli have deep connections with the Gandhi family going across generations. The seat is of the Gandhi family and will remain with the Gandhi family.» When asked about who from the Gandhi family will contest from there, Rai said, «This definitely will be decided by them (Gandhi family).» Former Congress president Sonia Gandhi, who had represented the seat since 2004, on Thursday informed voters of Rae Bareli that she will not contest the upcoming Lok Sabha polls due to health and age issues.

Tata Group's ambitious project of being the sole leader of the super app race by investing over $2 billion has been marred with leadership issues, stagnation in user growth and low customer engagement. In a bid to revive its position, Tata Group’s digital arm has initiated conversations with Uber for a strategic partnership to increase traffic and revenue, ET has reported recently. Dara Khosrowshahi of Uber Technologies and N. Chandrasekaran of Tata engaged in talks during a meeting in Davos earlier this year, with expectations of further discussions in Mumbai during Khosrowshahi's upcoming visit to India, said executives aware of the matter to ET. With Neu, launched in 2022, the Tata Group aims to increase its share in the country’s e-commerce market which is expected to be world's second-largest by 2034, with an anticipated annual gross merchandise value of $350 billion by 2030. Currently, India’s first super app faces competition from e-commerce giants like Walmart-owned Flipkart, Amazon India and Reliance Industries’ Jio Mart.

In this timepiece extravaganza, we've curated a diverse collection that spans the realms of smartwatches, luxury classics, and exciting new launches. Dive into a world of craftsmanship, precision, and style as we showcase the finest timepieces from renowned brands. Elevate your style and stay punctual with our curated selection, offering something for every wrist and occasion.

Vampire Weekend. The loved indie rock band is back with the latest music, a new album "Only God Was Above Us", a North American tour with 39 dates, which is about to be released on April 5 after nearly a decade as per a report by USA Today. The latest album was announced in the past week, following up on the 2019 album «Father of the Bride», of the band. Their last album has been at the top of the Billboard Hot 100 amassing Grammy nominations in 2020 for the Album of the Year category, as well as winning for the category of best alternative rock album, with the lead single "Harmony Hall" scoring the best rock song's nod.

“Nifty is now holding above the major put-based concentration of 21,800-21,900; if these levels are intact in the coming trading session then possibly we can see a target towards 22,300 in the continuation of this up move for Nifty spot,” said Rajesh Palviya of Axis Securities. Edited excerpts: What move are you expecting to see in the markets ahead? Also, what is your outlook on the broader indices? Nifty is comfortably trading above 21,850, which was the major supply area. And if we look at the weekly close, this is the highest weekly close which we are registering today on Nifty. Looking at the overall data setup, there was a short covering in earlier days and then was followed by the long built-up setup in Nifty, which clearly shows this momentum can extend further.

Mohammed Siraj and Kuldeep Yadav upped the ante in absence of a peerless Ravichandran Ashwin to give India a vital 126-run first innings lead which extended to 170 as hosts reached 44 for 1 at tea on the third day of the third Test against England. England suffered a mini-collapse from an assured 290 for 5 to get all out for 319 in 71.1 overs with Siraj ending with figures of 4 for 84 while Kuldeep's twin strike at the start of the day set the tone. Senior operators Jasprit Bumrah and Ravindra Jadeja also chipped in with one and two wickets respectively to ensure that India didn't suffer after Ashwin withdraw from the game due to medical emergency in the family. India made an unhurried start to their second essay but skipper Rohit Sharma perished for 19, which left the inexperienced middle-order to deliver the goods.

Iran unveiled new weaponry on Saturday including what it said was the locally made Arman anti-ballistic missile system and the Azarakhsh low-altitude air defense system, the official IRNA news agency reported. The announcement came amid heightened tensions in the region, with Yemen's Iran-backed Houthi militants carrying out a string of attacks on vessels linked to the U.S., UK and Israel in the Red Sea in a show of solidarity with the Gaza Strip. Gaza has been under military assault by Israel since Hamas's attacks on Israel's south on Oct. 7.

As Cupid prepares to take aim, singles around the world are gearing up to celebrate Valentine’s Day in a different light – by focusing on their financial independence. This year, let love take a backseat to self-improvement as singles seize the opportunity to set financial goals and invest in themselves.

ELSS mutual funds offer exemption on investments up to Rs 150,000 under Section 80C of the Income Tax Act. Investing in ELSS MF schemes over a long term is more remunerative in comparison to various options available under section 80C, Deepak Gagrani, Founder of Madhuban Finvest said as he picks this instrument as one of his top choices for both tax savings and long-term wealth creation.

Credit score plays a pivotal role in determining an individual’s financial health and access to credit. This score serves as a numeric representation of a person’s creditworthiness, based on their credit history and financial behaviour. One of its primary significance lies in its role in determining eligibility for various forms of credit, including loans, credit cards, mortgages, and even utility services.

Indian Space Research Organisation (ISRO) is gearing up to host a special educational initiative, the «Young Scientist Programme» (YUVIKA), aimed at school children. Objectives of YUVIKA Programme The objective of this program is to introduce students to the fundamentals of space science, technology, and applications, with a focus on emerging trends in the field. ISRO's initiative is part of its strategy to engage young minds early in the field of space science, recognizing them as the future pillars of the nation.

With affordable housing losing its sheen in the past couple of years, top property realtors believe that intervention from government, in terms of subsidy schemes for borrowers or reduction in interest cost for land acquisition is the only way to revive interest in it.

Madras High Court has directed the Petroleum and Explosive Safety Organisation (PESO) to conduct due enquiry while granting prior site approval and satisfy themselves that the site, where fuel outlets are to be located, satisfy all the criteria mentioned under relevant rules. According to PESO, formerly known as Department of Explosives, it is the nodal agency for regulating safety of hazardous substances such as explosives, compressed gas and petroleum. The first bench comprising Chief Justice S V Gangapurwala and Justice D Bharatha Chakravarthy gave the directive in a recent order while disposing of a Public Interest Litigation filed by advocate VBR Menon, which among other things sought a direction to the authorities to formulate and notify, within a prescribed time limit, appropriate site inspection and verification procedures for adherence while issuing prior site approvals and final explosive licences in Form No.XIV to the Petroleum Retail Outlets. The bench said for aforesaid purpose, it was not necessary to carry out physical inspection in each and every case, but whenever any doubt arises or in any situation which they deem fit and proper, a physical inspection shall also be made by PESO.