UPS Financial News

Sovereign Gold Bonds (SGB) 2023-24 Series-IV tranche is available for subscription starting today, February 12, 2024, and will be open until February 16, 2024. SGBs are normally allocated seven days after the subscription ends, so this tranche’s issuance date is February 21, 2024. Sovereign Gold Bonds 2023-24 Series IV opens on February 12: Know the latest SGB tranche issue price Investors including individuals, HUFs, trusts, universities and charitable institutions are eligible to invest in SGBs. Individual investors with subsequent change in residential status from resident to non-resident may continue to hold SGB till early redemption/maturity.

Congress leader Rahul Gandhi on Monday hit out at the BJP-led Centre while claiming that people in the country were not getting employment and were facing the wrath of inflation. Addressing a gathering in Chhattisgarh's Korba district during his 'Bharat Jodo Nyay Yatra', Gandhi asked the people to wake up, claiming their pockets were being robbed and they were being misled. The backward classes, Dalits and Adivasis (tribals) comprise 74 per cent of the country's population, but not a single person from these communities is the owner or in the management of India's top 200 companies which are being given «all the money of the country», he claimed. The BJP calls it a «Hindu Rashtra», but 74 per cent of the population and the poor from the general country have been getting nothing. They are only for beating «thali» (steel plate), ringing «ghanta» (bell), showing mobile phones and dying in hunger, he further claimed targeting the Centre.

Hard Sell The bosses at the Indian outpost of this multinational giant have been trying really hard to sell a ritzy property that used to belong to this tycoon who’s proven hard to get (to India) for the past seven-eight years. He’s currently dodging regulators for some apparently serious misconduct. Anyway, the company got ownership of the pile when they took over most of the tycoon’s business. But here’s the kicker: nobody wants it! Despite its posh location in south Mumbai, potential buyers are giving it a wide berth. Local brokers are whispering that folks are spooked by what they say is its jinxed history. Maybe. Or, is the tycoon pulling the strings from across the seas? ETA Awaited A high-flying minister was recently irked by the pace of a critical project. The government wants it completed quickly but the squabbling between the two parties building the facility threatens to slow things down even more. The minister’s irritation was barely concealed at a recent meeting as he asked tough questions and made clear his impatience with the answers. Here’s hoping the words landed and the project takes off soon.

Asset manager BlackRock may boost its Bitcoin exposure in the future.

By Clyde Russell

By Wayne Cole

Quebec City region, where public health officials reported Saturday they have detected the dangerous compound in pale green tablets that mimic the appearance of other prescription opioids.The Quebec City regional public health authority warned the compound, protonitazepyne, presents a high risk of overdose, which may require several doses of the life-saving medication naloxone.Health Canada first detected the substance in 2023 and would go on to positively identify it in a total of 25 drug samples by the end of the year. Public health officials working in the Quebec City-area now say it has been increasingly found in the Montreal area since the beginning of 2024.No overdoses in the Quebec City region have been linked to the protonitazepyne tablets, but officials say it presents a very real threat.“However, it’s clear that given the potency and the fact that it’s in a tablet of something else, the risk of overdose is very high for people who would consume this tablet,” Dr.

Some farm groups plan to march to Delhi to protest on 13 February. The last time farmers agitated, three years ago, the Centre stood firm against an attempted siege of the capital, but later relented and scrapped the three farm bills they were opposing. The exact discontent this time is unclear, and so are the extent and depth of it, but efforts have been mounted to squeeze the flow of protestors to Delhi.

Cummins India Ltd’s robust performance in the December quarter (Q3FY24) propelled its shares up by over 8%. The engine manufacturer’s operating revenue rose 16% to ₹2,534 crore, with net profit rising by 26% to ₹455 crore. Besides, Cummins maintained double-digit sales growth forecast for FY24.

Please don’t dabble in doom spending. The term, which first bubbled up on social media, has gained steam following a recent survey by Intuit’s Credit Karma. Consider it 2024’s sequel to last year’s “girl math." If girl math was a light-hearted buddy comedy, doom spending is a horror film.

₹53.67 apiece on the BSE. Easy Trip Planners, the online travel tech platform, announced the in-principal approval of the board by proposing its newest joint venture: a luxurious 5-star hotel in the prime location of Ayodhya. The hotel’s prime location is less than 1 kilometer from the revered temple, the company said in a release.

There was a big controversy in the science-fiction community last month when it emerged that the 2023 Hugo Awards, decided in October at the world convention in Chengdu, China, had inexplicably disqualified a few prominent entries from the list of nominations.Those quietly dropped included R.F. Kuang’s bestselling Babel and Xiran Jay Zhao’s Iron Widow, prompting suspicion that they might have triggered Beijing’s censorship filters. Even an entry by the legendary Neil Gaiman was disqualified.

₹1600 crore is open for subscription and is witnessing a tepid response. Entero Healthcare Solutions IPO opened for subscription on Friday, February 9. At the end of day 1, Entero Healthcare Solutions IPO subscription status was 10 per cent.

The white paper brought out by the government last week is an excellent document from a campaign perspective. As an assessment of the economic performance of the Congress-led UPA government (2004-2014), however, it falls short.

Stock market today: After witnessing a sharp sell-off on Thursday, the Indian stock market shifted into a sustainable upside bounce from the lows and closed higher on Friday. The Nifty 50 index gained 64 points and closed at the 21,782 level, the BSE Sensex went up 167 points and closed at the 71,595 mark while the Nifty Bank index shot up 622 points and finished at the 45,634 level. However, broad market indices continue to remain weak.

In Curb Your Enthusiasm, a series created by Larry David, he plays a melodramatic version of what he claims is his real self. Once, he encounters a large woman in a shelter for battered women and he suspects she is lying about her trauma because she is so physically imposing no man could have battered her. Another day, he appoints an African-American man to behave poorly with Caucasians, on his behalf.

Garena Free Fire is a battle royale game that has captivated gamers around the world with its mix of vibrant graphics and intense gameplay. Set in a virtual arena, the game gives players the opportunity to prove their survival skills in fast-paced 10-minute matches. The release of daily redeem codes by the game's developers, 111 Dot Studio, also helps in fuelling the game's ongoing popularity by tempting users with a host of free in-game goodies.

ESG funds have been around for a while, the good news is that their scope has widened in the recent past. Earlier each mutual fund house was permitted to launch only one scheme under the ESG category. The capital markets regulator Sebi, in a circular issued in July last year, gave a green signal to multiple ESG schemes, so long as they are launched with different investing strategies.

Like most years, this year too commenced with the global business and intellectual elite making their way to the World Economic Forum at Davos this January in an attempt to demystify the world around and provide some answers to the challenges that abound. But by the time the Davos spectacle came to an end, there were more questions than answers for the world at large.

Investing.com-- Asian stocks kept to a tight range on Monday with a bulk of major markets in the region closed for the Chinese New Year, while losses in pharmaceutical giant CSL (OTC:CSLLY) dragged Australia’s ASX 200 lower. 

Indian Navy veterans and freeing them of espionage charges marks a significant diplomatic breakthrough between India and Qatar. The former Indian Navy personnel are Captain Navtej Singh Gill, Captain Saurabh Vashisht, Commander Purenendu Tiwari, Captain Birendra Kumar Verma, Commander Sugunakar Pakala, Commander Sanjeev Gupta, Commander Amit Nagpal and Sailor Ragesh. All of these former Navy officers had "unblemished stints" of up to 20 years in the Indian Navy.