UPS Financial News

Bitcoin has fallen over one fifth since its peak earlier this month, hit after the United States approved its first spot bitcoin exchange traded fund (ETF), as investors who had bought in expectation of the approval sold after the confirmation.

Rohan Bopanna, aged 43, just made history by becoming the oldest person to reach the number one spot in men's doubles tennis. Bopanna, teaming up with his Australian partner Mathew Ebden, secured their spot in the semi-finals at the Australian Open in Melbourne. Road to the Top Starting the Australian Open with a career-best ranking of No. 3, Bopanna is on track to be the new No.

earnings season, Wednesday will see another seventy eight companies listed on the BSE announcing their December quarter earnings. The Street will be closely tracking the results of two-wheeler major Bajaj Auto along with Nifty constituents Tata Steel and Tech Mahindra.

ceasefire, but the framework plan is being held up by the two sides' differences over how to bring a permanent end to the Gaza war, three sources said. Intense mediation efforts led by Qatar, Washington and Egypt in recent weeks have focused on a phased approach to release different categories of Israeli hostages — starting with civilians and ending with soldiers — in return for a break in hostilities, the release of Palestinian prisoners and more aid to Gaza.

record high close on Tuesday as investors digested a mixed bag of early quarterly results and awaited a slew of additional reports from Tesla and other companies later this week.

Federal Reserve would be in no rush to cut interest rates in the face of a resilient U.S. economy.

Oil prices were little changed in Asian trading on Wednesday as weak demand and a recovery in supply limited the market's reaction to mounting geopolitical risk.

selloff that sent benchmark indices tumbling 1.5%, reflecting the impact of persistent stock sales by overseas funds amid hardening bond yields in the US, the world's biggest market for pricing both debt and risk assets alike.

maternity leave. That did not come in the way of her promotion and in October, Balasubramanian was promoted as partner of TMT (technology, media, and telecommunications) practice purely based on her merit and performance. In a trend catching up fast, India's top law firms are playing fair in gender diversity and promoting an increasing number of high-potential women lawyers to partner level and are going extra mile to retain them, industry insiders said.

cloud kitchen segment in India to maintain the pace of revenue growth seen in the past. The earnings reports of the first two quarters of listed restaurant and food companies point to a broader trend of sluggish growth amid macroeconomic headwinds.

Disney Star could, in terms of valuation, end up becoming an unusual and immediate victim of the aborted Sony-Zee merger. Zee Entertainment Enterprises disputing its obligations to honour a $1.5-billion sub-licensing deal for the International Cricket Council (ICC) has raised the likelihood of an up to $2-billion downgrade of Disney Star by Reliance, on anticipated losses from the media rights agreement, people privy to the development told ET. According to Zee, the ICC TV contract with Disney Star was contingent on successful completion of Zee's merger with Sony, said the people cited.

net profit year-on-year for the quarter ended December on strong retail loan growth and high fee income even as asset quality remained stable. Net profit increased to ₹640 crore during the quarter from ₹454 crore a year ago.

Axis Bank, ZEE, Cipla among others will be in focus due to various developments and quarterly numbers. Here's a complete list of stocks for investors to track.

NEW DELHI : The animal husbandry and dairying department may get a 20% higher allocation of ₹5,193 crore in the FY25 interim budget, two senior officials said, reflecting a sharper focus on improving dairy and livestock health. The increase is expected on account of a higher allocation for schemes targeted for dairy, livestock health and animal infrastructure—a sector that has been growing at around 8-10% annually.

Bajaj Auto Q3 Results Preview: Bajaj Auto will announce its October-December quarter results for fiscal 2023-24 (Q3FY24) on Wednesday, January 24. The two and three-wheeler major is expected to report robust growth in net profit and revenue driven by volume growth, price hikes, and a better product mix in favour of premium vehicles, according to estimates by analysts and leading brokerage houses. The net profit of the auto original equipment manufacturer (OEM) is expected to rise 33 per cent year-on-year (YoY) to ₹1,987 crore and revenue may rise 31 per cent to ₹12,258 crore.

NEW DELHI : India saw a steep fall in earnings from exports of refined petroleum products in the nine months from April to December 2023 due to declining crude prices, a rise in domestic consumption, and shrinking discounts on Russian oil. According to data from the government’s Niryat portal, exports of chemicals and petroleum products stood at $59.16 billion in April-December 2023, down 12.54% from $67.64 billion in the year-ago period. In April to December 2021, India’s export value of chemicals and petroleum products amounted to $44.28 billion.

Investing.com — The S&P 500 closed at a new all-time high for the third-straight session Tuesday as bullish bets on tech continued to power stocks.

Investing.com — Netflix reported Tuesday fourth-quarter earnings that missed, but revenue topped Wall Street estimates as efforts to curb costs boosted margins and a strong slate of shows helped the streaming giant rack up much more subscribers than expected in the quarter.

REC will lend up to ₹1.2 trillion for the installation of rooftop solar panels under the Pradhan Mantri Suryoday Yojana. Speaking to the media on Tuesday, the chairman and managing director (CMD) of REC, Vivek Kumar Dewangan said that the company has been designated as the programme implementation agency for the implementation of the scheme and its board of directors has approved letters of credit of about ₹15,000 crore each for eight central public sector undertakings would set up the rooftop panels across states.

NEW DELHI : Hero MotoCorp Ltd, India’s largest maker of entry-level motorcycles, expects a “dramatic" drop in interest rates on two-wheeler loans offered by non-banking financial companies (NBFCs) in rural regions—typically marred by defaults—to boost demand for two-wheelers in three-four years, its chief executive Niranjan Gupta said on Tuesday. Gupta said the company is considering adding connected features, which it offers in motorcycles in its premium portfolio, to its entry-level motorcycles, which can make repossessions and traceability easier for financiers. This in turn could lead to lower interest rates and mitigate the impact of the double whammy of high inflation and high interest rates, which has crimped sales in the rural India.

Frieren: Beyond Journey’s End Episode 17 has stirred excitement among fans. As viewers catch up on the series, let's recap the events of Episode 16 and explore how to watch the latest installment.