UPS Financial News

22.01 / 04:25
markets UPS Digital wellness trends Schools Kotak did better than HDFC Bank; auto pack should do well: Rahul Shah
Rahul Shah, VP, Equity Advisory, MOFSL, says “auto as a sector has done quite well and the entire ancillary pack has also done well. So, obviously the demand is coming back for the entire auto pack as a whole. They are undervalued and one trend in the markets is that stocks which are available at reasonable valuations, especially in the midcaps, are getting fancied again.”
22.01 / 03:53
markets UPS Career CEO security Research Schools Financial Atul Mehra quit JM Financial Services, to join Axis Capital as MD & CEO
Atul Mehra has resigned from his position as joint managing director at JM Financial Services after a 33-year tenure in the group, the company said in a filing with the stock exchanges on Saturday.
22.01 / 03:45
COST UPS Provident trends reports UltraTech ups its capex ammo, eyes industry-leading growth
₹9,000 crore per annum each in FY24/ FY25 versus ₹6,000-7,000 crore earlier. Excluding the recent Kesoram Industries deal, UltraTech’s cement capacity as on December 2023 stood at around 133 million tonnes per annum (mtpa). The management is confident of achieving 200 mtpa capacity by 2028.
22.01 / 03:45
UPS Citi Waters Parke Food country travelers Let Ayodhya set a new paradigm of religious tourism
City of Light, Benaras. Pilgrimage involves frugal consumption traditionally. Pilgrims, not only those who can’t afford otherwise, walk to these places, as she beautifully described.
22.01 / 03:45
UPS reports donates Ayodhya Ram Mandir donations doubling. How to make online contribution? UPI, Bank details, step-by-step guide here
NDTVProfit reported quoting sources from the temple's trust that donations for the Ram temple in Ayodhya have been rapidly increasing, with contributions doubling every hour. Go to the website of Shri Ram Janmabhoomi Teerth Kshetra Trust Various donation methods are available, including payment gateways, UPI, NEFT, IMPS, demand draft, and cheque payments.
22.01 / 03:37
UPS Citi security Research performer gatherings Ram Mandir: A spectacle in Ayodhya as devotees converge to witness history in the making
Ram Lalla's Pran Pratishtha, the holy city of Ayodhya is all decked up as devotees from India and across the world have all arrived here to be a part of this historic occasion.
22.01 / 03:37
markets UPS IPO security Research Trade pop India’s IPO market is busy. It’s also broken
Catch all the Ayodhya Ram Mandir Inauguration Live UpdatesView
22.01 / 03:37
markets UPS Trade show Commentary Rate Cut Dollar struggles to retain gains even as March rate cut odds recede
dollar struggled to keep gains in early Asian trade on Monday as looming central bank decisions in Japan and Europe forced a pause in its data-spurred rally late last week.
22.01 / 02:07
UPS Cooper Platform Enterprise Diversity Department place Govt’s e-market place set to hit ₹3.5 trillion in GMV
NEW DELHI : The gross merchandise value (GMV) of state-run government e-marketplace (GeM) may be up by 75% and touch ₹3.5 trillion in the current financial year, as government departments have been busy procuring goods and services through the portal, two persons said. The expected GMV will be up by ₹1.5 trillion from the last fiscal’s ₹2 trillion.
22.01 / 02:07
UPS BLOCK President Actor Celebrity country Updates Ram Mandir Inauguration Ceremony LIVE Updates: Ayodhya set to welcome Lord Ram, PM Modi to attend consecration ceremony
Ram Mandir Inauguration Ceremony LIVE Updates: Prime Minister Narendra Modi is all set to preside over the ‘pran-pratishtha’ ceremony at Ram Mandir in Ayodhya on Monday. The consecration ceremony is coming days after the 51-inch idol of Ram Lalla was placed in the 'garbha griha' of the Ram Mandir on 18 January.Crafted by the skilled hands of sculptor Arun Yogiraj from Mysuru, the 51-inch-tall idol, captures the image of a five-year-old Lord Ram standing gracefully on a lotus, all meticulously carved from a single block of stone.The ‘pran-pratishtha’ ceremony will begin at 12:20 PM auspicious nakshatra and is expected to end by 1:00 PM on 22 January.
22.01 / 02:07
markets UPS IPO Research Trade Experts week Week Ahead: Q3 results, Ayodhya event, F&O expiry, global cues among key market triggers this week
recorded their worst week in over two months clocking the biggest weekly losses, tracking mixed earnings and muted global cues. After the subdued start, a sharp cut in the middle derailed the momentum however, resilience in the select heavyweights in the final sessions trimmed losses. Nifty Bank also recorded biggest weekly fall in a year.
22.01 / 02:07
UPS Art film performer open Bank holiday today: Banks in these states are only half-day open, some shut amid Ram Mandir ‘Pran Pratishtha’ in Ayodhya
Banks in Imphal, Kanpur, Lucknow, and Panaji will remain closed on Monday, January 22 on account of the consecration ceremony of Lord Shri Ram in the temple built in Shri Ram Janmabhoomi complex/Imoinu Iratpa, as per the RBI holiday calendar. These are holidays under the Negotiable Instruments Act. Bank branches of private banks in Uttar Pradesh will be closed on January 22, 2024 (Monday).
22.01 / 02:07
UPS Aware Election wellness Justice More money for women in pre-election budget
NEW DELHI : The women and child welfare ministry may get a 3%-hike in the interim budget to ₹26,212 crore, according to two officials aware of the matter, amid a focus on women ahead of general elections. This outlay is expected to be earmarked for expanding marquee schemes such as Beti Bachao Beti Padhao, Saksham Anganwadi and self help groups (SHG). Women voters are seen as a key constituency for the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) as it aims a third term in office.
22.01 / 02:07
UPS Gap reports Can Ayodhya be India's biggest tourist hotspot?
₹15,000 crore. Plus, investments placed at some ₹85,000 crore have reportedly been planned under a master plan that goes till 2031. The town and its amenities will have to be scaled up if it is to host the numbers envisioned.
22.01 / 02:07
COST UPS Aware country NOT India’s basket of crude price not likely to decline in FY25
NEW DELHI : The price of the Indian basket of crude oil is unlikely to reflect cheap Russian oil prices in the next financial year despite making up a significant chunk of India’s oil imports. The Indian basket of crude oil represents a derived basket comprising of sour grade (Oman & Dubai average) and sweet grade (Brent dated) of crude oil processed in Indian refineries in a ratio of 75.62 : 24.38. Two people aware of the developments said that irrespective of the quantity of Russian oil imports the crude basket price may not include their price as there is no benchmark price of the Russian crude variants.
21.01 / 23:09
UPS Citizens Fox President War Interviews Nikki Haley can’t beat Trump in the game of identity politics
First Nikki Haley tried to eliminate slavery as a cause of the Civil War. Now she’s trying to erase racism from American history. In an interview with Fox News last week, Haley was asked if the Republican Party is racist.
21.01 / 23:09
UPS Career Election President students NOT No, Joe Biden’s political career is not going the same way as Jimmy Carter’s did
It has become fashionable of late to compare US President Joe Biden in 2023 to Jimmy Carter in 1979. Just as the events of 1979 doomed Carter’s re-election hopes the following year, developments in 2023 are said to have effectively sunk Biden’s bid for a second term in November. Most obviously, both Carter and Biden confronted a demoralizing inflation problem.
21.01 / 23:09
UPS Pool band Department recommendations Why this year's spectrum sale may be a tame affair
₹10,000 crore from the auctions that it plans to hold by the end of FY24, the officials cited above said, which will be a fraction of the record ₹1.5 trillion raised in 2022 when the government sold 72,097.85 MHz in the first-ever sale of 5G airwaves. Telcos may refrain from buying fresh airwaves, and may focus on renewing licences expiring between February and August this year, the officials said on the condition of anonymity. “In the last auction where 5G spectrum was put on sale, more than 100 MHz (units) of spectrum was given out to Airtel and Jio.
21.01 / 23:09
UPS Citi Food testing gatherings Courts UP govt, Centre send over 50 food inspectors to Ayodhya
dhabas and hotels. The state government’s food department has banned the sale and cooking of non-vegetarian food items in the city on Monday, as part of the plan. Besides this, there will be quality and safety checks for langars and bhandars organized by the Ram Mandir administration, before any food items are served to devotees.
21.01 / 22:25
UPS pandemic country Disease X: What is it? Do we need to panic?
Disease X." While Disease X currently has no existence, it remains a potential threat that may emerge in the future. Coined by the World Health Organization in 2017, Disease X serves as a term for an as-yet-unknown infectious condition capable of triggering an epidemic or, if it spans multiple countries, a pandemic.

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