UPS Financial News
05.03 / 13:23
05.03 / 11:37
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The North Korean defector who’s been called a ‘hero of Ukraine’
Subscribe to enjoy similar stories. SEOUL—When Ukraine was scrambling this winter to understand how to respond to the threat of thousands of North Korean soldiers deployed to fight alongside Russia, it turned to someone steeped in Pyongyang’s ways: a North Korean defector.
05.03 / 11:37
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stage
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Meet Silicon Valley’s shrewdest talent spotters
Subscribe to enjoy similar stories. What do Sam Altman and David Sacks have in common? Certainly not politics. Mr Altman, co-founder of OpenAI, is part of the transition team of Daniel Lurie, the Democratic mayor-elect of San Francisco.
05.03 / 10:29
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UPS
2020
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gatherings
Courts
Woman working as house help in Delhi NCR turns out to be a Naxal operative, trained in 'advanced' weapons since age 10
Naxal operative from Jharkhand, who had been living in Delhi under a false identity, was arrested in Pitampura, Delhi Police said on Wednesday. She had been working as a domestic helper in Noida and different areas of Delhi since 2020, as per a PTI report.
05.03 / 10:29
05.03 / 09:41
UPS
trends
Celebrity
information
rights
curling
A simple make-up routine for glowing mature skin
Subscribe to enjoy similar stories. Finding the right make-up routine for mature skin can be challenging, especially since much of the information and trends online are directed towards younger skin. But recent appearances of celebrities like Jane Fonda and Demi Moore on the red carpet offer examples of how some simple steps can help keep the skin shining, no matter the age.
05.03 / 09:19
markets
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security
Analysis
trends
Trade
Experts
Rs 94 lakh cr investor wealth wiped from D-St, but tax loss harvesting can help recover setbacks. Here’s how
tax loss harvesting. This strategy can help reduce tax liability, which may be higher this year due to the government's hike in both short-term and long-term capital gains taxes. In the July 2024 budget, Finance Minister Nirmala Sitharaman revised the STCG and LTCG rates, increasing the short-term capital gains tax from 15% to 20%. Shares held for less than 12 months will be subject to STCG.
05.03 / 09:19
markets
UPS
Waters
Sustainability
boating
"Our proposal is to run ferry here, will sign MoU for it", says Delhi Minister Parvesh Verma on river Yamuna
Earlier on March 2, the Delhi government had announced plans to enhance tourism and promote sustainable water transport by introducing a ferry and cruise service along a 7-8 km stretch of the Yamuna. The service will operate between Wazirabad Barrage (Sonia Vihar) and Jagatpur (ShTemple). When asked if cleaning of Yamuna will attract tourism to Delhi, Minister Parvesh Sahib Singh said, " Our proposal is there to run ferry here, we will sign the MoU for it. Now, ferry will be run on one stretch only...there will be only one pick-up and drop point. There will be a restaurant as well in the Ferry. Our purpose is to attract people towards Yamuna..."
05.03 / 09:01
markets
UPS
performer
Quilter posts record profits for 2024 amid revenue growth in high net worth and affluent segments
This marked a 17% increase from 2023, when that figure stood at £167m. The higher PBT was driven by an increase in the firm's average assets under management and administration (AUMA), supported by strong net inflows hitting £4.8bn — up from around £100m in 2023 — and positive market performance. According to Quilter, total AUMA increased by 12% from the previous year, reaching £119.4bn. Quilter net inflows jump to £4.8bn backed by flows in affluent segment and IFA channel Meanwhile, core net inflows reached a record £5.2bn and represented 5% of opening AUMA, with incrementally...
05.03 / 08:53
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performer
track
reports
Interviews
How India’s youngest pension fund gamed a falling market to outdo its older rivals
Subscribe to enjoy similar stories. The annual report card for equity pension fund managers is out, and DSP's NPS Equity Fund has delivered a staggering 11.68% return in the last one year—five times higher than the second-best performer, which posted a modest 2.3%. To match the score of DSP's fund, the new kid on the block, the sum of the funds that gave positive returns would need to be more than doubled.
05.03 / 08:53
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Target
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The day Trump’s tariff threats became a reality for America Inc.
Subscribe to enjoy similar stories. Target boss Brian Cornell and his team were walking through a New York City conference center Monday night when the news broke: President Trump was following through on his tariff threats. The retailer’s executives huddled sitting on sofas in a greenroom next to the stage where they would meet with their biggest investors on Tuesday.
05.03 / 08:39
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UPS
Digital
Experts
RAI
testing
DRDO conducts high-altitude trials of integrated life-support system for pilots onboard Tejas jets
DRDO) has successfully conducted high-altitude trials of an indigenous life support system for pilots onboard Tejas light combat aircraft. The defence ministry said cutting-edge life support systems have been designed to generate and regulate breathable oxygen for pilots during flight, eliminating dependence on traditional cylinder-based oxygen. The trials were conducted on Tuesday. With appropriate modifications, the system can also be adapted for use in MiG-29K and other aircraft, the ministry said.
05.03 / 08:39
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Citi
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International
Luxury property price boom: See how much $1 million buys in global cities
prime residential space in 2024, followed by 237 sq ft in Hong Kong and 344 sq ft in Singapore, according to a Knight Frank report. In comparison, Mumbai offers 1,066 sq ft, marking a 2.6% decline over the past decade as prices have risen. Bengaluru has also become less affordable, with space purchasable for $1 million decreasing by 9% to 3,617 sq ft. In Delhi, one can buy 2,239 sq ft, up 11% from a decade ago. The Prime International Residential Index (PIRI 100), which tracks luxury property price changes across 100 global cities, has recorded a 3.6% annual increase in 2024. Of these, 80 cities saw either positive or stable price growth. Seoul 18.4%, Manila 17.9%, and Dubai with 16.9% growth led global price appreciation in prime real estate.
05.03 / 08:39
markets
UPS
Manufacturing
CEO
electronic
Tata Electronics to set up display manufacturing unit in Gujarat
Tata Electronics will set up a display manufacturing unit in Gujarat in partnership with Taiwan-based PSMC and Himax Technologies, a top official of the company said on Wednesday. Speaking at IESA Vision Summit, Tata Electronics CEO Randhir Thakur announced signing of a tripartite agreement with the Gujarat government for the plant. «Today, I am delighted to announce signing of an MoU between Tata Electronics, PSMC and Himax to revolutionise India's display product and technology ecosystem. With PSMC's proven technology, Tata Electronics will manufacture display chips for Himax in Dholera, Gujarat,» Thakur said. With foray in display manufacturing, Tata Electronics will have presence in all three top semiconductor manufacturing segments.
05.03 / 08:39
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UPS
Digital
Extreme
Analysis
trends
Trade
Rohit Srivastava optimistic on Nifty, says market has reached bottom and ready for upside
«Also, if you looked at the number of stocks that were trading above the 500-day average that had dropped to single digits, almost 9% on Friday, and that was the lowest reading since COVID,» says Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts. Give us a sense of the market move today, help us put this move in perspective because we have been beaten down for ten long consecutive sessions, the longest streak since the inception of Nifty and today that has reversed and how we are trading with gains of more than a percent and you believe that this was the bottom that we have reached and now it is all looking good for the markets going ahead. Rohit Srivastava: The probability of the Nifty having made a final low is very-very high and the reason for that is the very extremely oversold reading setup that we really were looking at in the market, multiple data points not just the positioning in the futures and options market from domestic institutions having built up the largest long positions since March of 2023 along with the highest short positioning that we saw from FIIs.
05.03 / 07:51
markets
UPS
Provident
Target
FIVE
Strategy
Sustainability
Coffee can investing: These five small cap stocks meet Saurabh Mukherjea’s criteria
Subscribe to enjoy similar stories. Coffee can investing, introduced by Robert G. Kirby in 1984, is a long-term strategy inspired by the old practice of storing stock certificates in coffee cans and forgetting about them.
05.03 / 07:15
markets
UPS
Target
Manufacturing
Cycling
Interviews
Belgium’s John Cockerill eyes India’s nuclear expansion, cooling market
Subscribe to enjoy similar stories. NEW DELHI : As India ramps up efforts to expand its nuclear power capacity, Belgium-headquartered engineering firm John Cockerill is positioning itself to supply key services and equipment for upcoming projects, chief executive Francois Michel said in an interview. The company, which has deep roots in the nuclear sector, is also looking to establish cooling towers for these plants through its subsidiary, John Cockerill Hamon.
05.03 / 07:15
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love
show
country
social
Schools
Three-language formula: Chhattisgarh offers an education case study
Subscribe to enjoy similar stories. Growing up mostly in Bhopal, then the capital of undivided Madhya Pradesh, I was exposed to a range of language variants that we bundle between Hindi and Urdu, all of which I loved. English was a part of the environment, including at school.
05.03 / 06:03
markets
UPS
Man
President
love
Love and loathing for Trump in longest ever Congress speech
There was love and loathing as the Republican held the floor — and TV airwaves — for a record one hour and 40 minutes. Trump entered the House chamber to cheers from Republicans and took a languid stroll down the center aisle to the podium, pressing the flesh along the way.
05.03 / 06:03
markets
UPS
Analysis
Trade
Updates
Pharmaceuticals
Stock market update: Nifty Pharma index advances 0.8% in an upbeat market
Glenmark Pharmaceuticals Ltd.(up 3.06 per cent), Aurobindo Pharma Ltd.(up 2.91 per cent), Laurus Labs Ltd.(up 2.0 per cent), Ipca Laboratories Ltd.(up 1.84 per cent) and Lupin Ltd.(up 1.63 per cent) were among the top gainers.
05.03 / 05:03
UPS
Analysis
economy
Trade
President
rights
Rupee strengthens following RBI's firm defence of 87.40-87.50 territory
Indian rupee gained on Wednesday on broad-based interbank dollar sales and after the central bank's firm defence of 87.40-87.50 levels in recent sessions helped keep a lid on speculative bets against the currency. The rupee was at 87.1550 against the U.S. dollar as of 10:00 a.m. IST, up 0.1% on the day.
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