UPS Financial News
18.01 / 17:31
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Oil ticks higher after IEA, OPEC global demand forecasts; MCX crude up 3%, Brent at $78/bbl
₹6,149 per bbl, having swung between ₹6,000 and ₹6,157 per bbl during the session, against a previous close of ₹5,972 per barrel. The U.S. Energy Information Administration reported a larger than expected draw in crude inventories of 2.5 million barrels in the week ended Jan.
18.01 / 16:50
markets
UPS
FIVE
wellness
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International
week
OMC stocks recover off lows after OPEC's bullish demand forecast; BPCL up 3%, IOC, HPCL hit 52-week highs
₹145.60 apiece on the BSE. Similarly, shares of Hindustan Petroleum Corporation Limited (HPCL) surged significantly and were locked at five per cent upper circuit to hit a 52-week high mark of ₹461.80 apiece on the BSE. Also Read: ‘Oil markets well supplied’, says IEA as it raises 2024 global demand forecast; projects lower than OPEC Additionally, shares of Bharat Petroleum Corporation Limited (BPCL) rose around three per cent to hit an intraday high of ₹480.75 against a 52-week high of ₹482.05 apiece on the BSE.
18.01 / 16:47
markets
UPS
CEO
beautiful
Department
Shoppers Stop Q3 Results: Net profit drops 41% to ₹37 crore, revenue up 8% YoY
₹36.85 crore. The company had posted a net profit of ₹62.74 crore in the October-December period a year ago, according to a regulatory filing from Shoppers Stop. The firm's revenue from operations was up 8.83 percent to ₹1,237.52 crore during the quarter under review.
18.01 / 16:47
UPS
Provident
Extreme
Death
wellness
President
students
Vadodara boat capsize LIVE: 16 dead, 10 rescued; ‘there were no safety measures,’ official on why the mishap happened
₹2 lakh ex-gratia Distressed by the loss of lives due to a boat capsizing at the Harni lake in Vadodara. My thoughts are with the bereaved families in this hour of grief. May the injured recover soon.
18.01 / 15:53
markets
UPS
Manufacturing
Apple
NVIDIA
trends
reports
TSM Semiconductor Earnings a Breath of Fresh Air for US Big Tech's 2024 Outlook
Taiwan Semiconductor Manufacturing (NYSE:TSM), the Taiwan-based chipmaker, has announced quarterly net profit figures surpassing market expectations in its Q4 financial results unveiled today.
18.01 / 15:23
UPS
Target
economy
Align
Sustainability
reports
India should target at least 7% growth in FY25: RBI bulletin
MUMBAI : India should look to grow by at least 7% in 2024-25, sustaining the better-than-anticipated growth in the ongoing financial year, say the authors of an article in the Reserve Bank of India's January bulletin. On 17 January, RBI governor Shaktikanta Das said he expected India's gross domestic product (GDP) growth to touch 7% in FY25.
18.01 / 15:21
markets
COST
UPS
trends
Department
fall
Housing starts fall in December despite sharp drop in mortgage rates
Macro Trends Advisors founding partner Mitch Roschelle joins 'Varney & Co.' to discuss the housing market under the Biden administration as monthly mortgage payments continue to soar.
18.01 / 15:21
markets
UPS
Fox
CEO
economy
Interviews
NOT
Full effect of Fed rate hikes have not been seen, Bank of America CEO warns
Bank of America CEO and Chairman Brian Moynihan discusses the Fed's rate hikes, 2024 consumer strength and big bank regulation.
18.01 / 14:51
UPS
Provident
Food
reports
Department
India’s horticulture production in FY23 seen marginally higher
NEW DELHI : India’s horticulture production, including that of vegetables and fruits, was 2.32% higher in financial year 2022-23 at 355.3 million tonnes, according to the agriculture ministry’s third advance estimates issued on Thursday. Production of vegetables is estimated to have increased to 213.88 mt in FY 2022-23 from 209.14 mt in the year prior due to an increase in potato and tomato output. Onion production, however, is estimated to have dropped 4.7% to 30.2 mt in FY23, according to government officials who declined to be identified.
18.01 / 14:51
markets
COST
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Features
Why smart home firms need a smarter pivot
₹20 lakh. The curtains go down at 5pm everyday on their own and the lights turn on. The home theatre has a preset ‘movie mode’.
18.01 / 14:47
UPS
Entertainment
Netflix
Warner Bros
stars
reports
Videos
Tomb Raider: The Legend of Lara Croft release date, key details. What we know so far
Netflix, Square Enix, Crystal Dynamics, and Legendary Television have teamed up for a whole new animated series that is based on the video game franchise Tomb Raider, with the new series to be out in 2024. Initially made public besides an anime project dedicated to Skull Island in January 2021, Tomb Raider is one of the several video game adaptation projects in development by Netflix.
18.01 / 14:47
UPS
Aware
Limelight
show
audience
stars
‘Koffee With Karan Grand Finale’: Orry reveals he is plotting his own downfall, opens up on how his ‘minions’ keep him in limelight
Orry aka Orhan Awatramani appeared unexpectedly poignant on the grand finale of ‘Koffee With Karan Season 8’. In a candid chat with director-producer and talk show host Karan Johar on the final episode of his iconic talk show, the Internet sensation opened up about the pitfalls of fame and how he is busy plotting his own downfall. The socialite also gave the audience a sneak peek to his ‘Orry office.’ When asked by the host if he was aware how fickle fame can be, Orry said that he was acutely aware of the unsaid tragedy of popularity and how fleeting it can be.
18.01 / 14:47
markets
UPS
FIVE
Forbes
Food
show
reports
Pushing behind Walmart and Costco, THIS company emerged as most popular grocery store in US
Amazon and Costco have been pushed to second and third place respectively as the most preferred grocery stores of Americans. In a survey conducted by the Retailer Preference Index (RPI), H-E-B has emerged as the top choice for shoppers in the US. They have won this coveted position the third time, beating big names like online giant Amazon and smaller stores like Trader Joe's. With 380 stores in Texas and Mexico, H-E-B made $38.9 billion and were named one of «America's Largest Private Companies» by Forbes in 2022. They were also named Retailer of the Year in 2010 and are one of the «Top 75 North American Food Retailers.»
18.01 / 14:25
COST
UPS
FIVE
reports
RIA M&A is here for the longer term, says Fidelity
There were 52 mergers and acquisitions in the RIA industry in the fourth quarter of 2023 and it’s looking likely that activity will remain strong for some time.
18.01 / 14:25
18.01 / 14:25
18.01 / 14:17
UPS
NVIDIA
AMD
performer
Features
Amazon Republic Day Sale: Blockbuster deals on gaming laptops, up to 33% off
Amazon Republic Day Sale, there are impressive deals available on the best gaming laptops from different brands, including ASUS, HP, and Acer. With our picks, you wouldn't have to worry about bad battery, slow performance, and gaming lag. Beat your opponents with the most premium gaming laptops available on Amazon, currently on a discounted price.
18.01 / 14:17
UPS
Provident
Landmark
wellness
country
information
HDFC Bank seeks Singapore bank license to grow overseas after merger with mortgage financier HDFC
HDFC Bank Ltd, India’s biggest private sector lender, is seeking to open its first branch in Singapore, signaling its overseas ambitions after sewing up a landmark merger with mortgage financier Housing Development Finance Corp. last year. The bank has applied to the Monetary Authority of Singapore for a banking license and is awaiting approval, according to sources familiar with the matter.
18.01 / 14:17
markets
UPS
security
performer
electronic
recommendations
8 PSUs including IRFC, Bharat Electronics entered ₹1 lakh crore market cap club in last one year; check full list
Also Read: IRFC, RVNL, and Mazagon Dock jump up to 13% to their respective new highs; gave multibagger returns in last 1 year Amid this backdrop, multiple PSU companies saw their market capitalisation crossing a significant ₹one lakh crore level. Currently, 17 PSU companies boast a market capitalisation above ₹one lakh crore, and eight of them joined this club in the past year. These companies include IRFC, Bharat Electronics, Bank of Baroda, REC, Punjab National Bank, Union Bank of India, Power Finance Corporation, and Hindustan Aeronautics.
18.01 / 14:17
UPS
Waves
Mercury
cover
social
Updates
THIS Tamil Nadu district is freezing at near zero degrees, check details
PTI. Due to the dipping mercury, the lush green lawns are covered with frost and dense fog has affected visibility. Even locals struggle with health issues. According to official data available, the temperature was recorded at 1 degree celsius at Kanthal and Thalaikuntha in Udhagamandalam while the mercury was a notch higher at 2 degrees celsius in the Botanical Garden.
18.01 / 14:17
markets
UPS
FIVE
Aviat
Manufacturing
economy
Airbus upbeat on Indian aviation, sees need for 2,840 new planes and 41,000 pilots in next 20 years
IndiGo and 250 from Air India, adding that the aircraft manufacturing giant has delivered 75 units to Indian carriers — 41 to Indigo, 19 to Air India, 14 to Vistara and one to Go First. “India is a force that will power global aviation over the next decades...the forecast is that India will require 2,840 new aircraft over the next 20 years to serve the needs of its growing aviation market," PTI quoted Maillard as saying.
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