UPS Financial News

Mint explains why bitcoin is surging again. The recent surge in bitcoin prices was driven by an estimated $1.1 billion flowing into ETFs during the past week — the highest weekly inflow since the launch of bitcoin spot ETFs. This inflow has seen ETFs collectively amass 200,000 bitcoins, pushing up the price of the digital asset, which has a limited supply and a cap on the number of new tokens added every day.

Bounce—The Myth of Talent and the Power of Practice, he recounts an interesting experience of playing tennis with Michael Stich, a German tennis player who won Wimbledon in 1991. Syed wanted to use this occasion to carry out a little experiment. He asked Stich to serve at maximum pace.

₹650 crore through an initial public offering (IPO). The company, which offers namkeen, western snacks, and other products across India and internationally, had filed preliminary IPO papers with Sebi on November 21, 2023.

announced in the interim budget. Named PM Surya Ghar: Muft Bijli Yojana, the scheme is projected to entail an investment of ₹75,000 crore. Prime Minister Narendra Modi, while announcing the launch of the scheme on social media platform X, reiterated the government's commitment to providing 300 units of free power to 10 million beneficiary households.

₹75,000 crores. “To further sustainable development and people’s well-being, we are launching the PM Surya Ghar: Muft Bijli Yojana. This project, with an investment of over Rs.

Shark Tank India, Radhika Gupta, CEO of Edelweiss Mutual Fund, has shared some insightful investment tips that are likely to hold investors in good stead. Gupta emphasises the significance of saving a portion of our income and investing it wisely. She advises that after deducting taxes and expenses from our earnings, one should strive to save at least 20%, 30%, or even 50% of the remaining amount.

Buckland recognized that these fossils belonged to a huge bygone reptile, and gave it a formal scientific name: Megalosaurus, meaning «great lizard.» With that, the first dinosaur was officially recognized, though the actual word dinosaur would not be coined until the 1840s. «It was the beginning of our fascination with dinosaurs,» University of Edinburgh paleontologist Steve Brusatte said. «His announcement opened the flood gates and started a fossil rush, and people went out looking for other giant bones in England and beyond.»

Narendra Modi on Tuesday said the PM Surya Ghar Muft Bijli Yojana will see an investment of over Rs 75,000 crore. The scheme, first announced on January 22, aims to light up 1 crore households by enabling them for free electricity of up to 300 units every month. It envisages substantive subsidies directly in the bank accounts of the consumers and heavily concessional bank loans, PM Modi said on microblogging platform X. “The central government will ensure that there is no cost burden on the people. All stakeholders will be integrated to a National Online Portal which will further convenience [it],” he said.

Nifty Bank bounced back on Tuesday after falling over 1% in the previous trading session. The index rallied more than 600 points to close at 45,502. The Nfty50 closed with gains of over 100 points above 21,700. PNB, ICICI Bank, Bank of Baroda, and IDFC First Bank led the gains, while some profit-taking was seen in Bandhan Bank as well as AU Small Finance Bank.

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₹30,297 crore as compared to ₹29,175 crore recorded in the same period last year. For the first nine months of the current financial year, PSBs have earned a cumulative profit of ₹98,358 crore as compared to ₹70,166 crore in the year-ago period, an increase of 40.17%. In Q1 and Q2 of the current fiscal year, public sector banks earned a cumulative profit of about ₹34,418 crore and ₹33,643 crore, respectively.

Valentine’s Day, you may have to disclose your credit score, among other things to prove you are ‘fit enough’ to be someone’s Valentine. This is not just another buzz word which dating sites have lapped up on Valentine's Day, but a new way of life that manifests itself in different forms and shapes around us. It is interesting to note that a high credit score is not a prerequisite for a sound financial wealth.

When the World Trade Organization meets this month in Abu Dhabi, will anyone from the Biden Administration stand up for U.S. economic interests? It’s a fair question now that Federal Trade Commission Chair Lina Khan and leftwing groups are hijacking U.S. trade policy.

Tata Power Co. Ltd’s stock plunged 8% on Monday after the company reported sombre earnings for the December quarter (Q3FY24). Still, the power producer’s outlook is upbeat owing to an expected scale-up in its renewables business.

The power equipment manufacturer reported a net loss of 1.63 billion rupees (nearly $20 million) for the quarter ended Dec. 31, against a profit of 310 million rupees a year earlier.

Rs 277 crore were spent on lion conservation in the Gir and Greater Gir areas, the abode of Asiatic lions, in the last two years, the Gujarat government informed the legislative assembly on Tuesday. Minister of State for Forest and Environment Mukesh Patel said the Centre has approved a National Wildlife Disease Diagnostic and Referral Centre at Junagadh under 'Project Lion', launched to conserve big cats in 2020. The state government has spent Rs 277.93 crore on lion conservation in 2022 and 2023, the minister said, responding to questions by Congress MLAs during the Question Hour of the ongoing budget session of the assembly here. During this period, 238 lions, including cubs, died in different parts of Gujarat. Of these, 209 lions succumbed to natural causes, while 29 deaths were due to unnatural reasons such as big cats getting hit by vehicles or falling into open wells, he said in a written reply.

review petition has been filed against the Supreme Court's judgment that gave thumbs up to the market regulator SEBI probe in the Adani-Hindenburg issue. The petitioner has said that the judgment has 'apparent errors' and that the SEBI's regulatory failures were overlooked.

Indian Statistical Institute for collaboration in multiple research activities, which will be carried out under the cyber-physical systems (CPS) umbrella for three years. The two have set up a virtual interdisciplinary research centre to foster both fundamental and applied research in sustainable and trustworthy cyber-physical systems with immediate impact in deploying AI and CPS in the Indian ecosystem, a statement said.

minimum support price (MSP) for their produce. The government already provides MSP on agriculture produce but the farmers want a law that guarantees it. While there are several other demands too, such as implementation of the Swaminathan Committee report and a pension of Rs 10,000 per month for every farmer above 60 years of age, a legal guarantee for MSP is the chief demand. It was also part of nearly a dozen demands farmers had during the earlier protests against the farm laws. What is Minimum Support Price (MSP)?

In fact, the incorporation in the first ten months of FY24 beats the full-year numbers for any of the previous financial years, senior government officials said.

Mamata Banerjee on Tuesday condemned the firing of tear gas shells at protesting farmers in Haryana, dubbing it as "BJP's brutal assault" on cultivators. The Haryana Police lobbed tear gas shells at farmers who tried to break barricades set up at the state's border with Punjab at Shambhu near Ambala, as growers demanding a law on minimum support price marched toward Delhi. «How can our country progress when the farmers are attacked with tear gas shells for fighting for their basic rights? I strongly condemn the brutal assault on our farmers by the BJP,» Banerjee said in a post on X. «Instead of suppressing their protest, BJP must focus on humbling their inflated egos, power-hungry ambitions, and inadequate governance that has harmed our nation,» she added.