UPS Financial News
17.01 / 07:11
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Indian Hotels share price 0.78 per cent
Indian Hotels Company Ltd. traded 0.78 per cent up at Rs 805.30 at around 12:32PM (IST) on Friday. The stock had closed at Rs 811.70 in the previous session. Equity benchmark Sensex traded 373.53 points at 76669.29 around the same time.
17.01 / 07:11
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Marko Papic sees rising US bond yields, Fed cuts in 2025 amid economic slowdown
«It is just that there is so much uncertainty it is not really worth us thinking about how much or where, but I do think that he has to surprise the markets and he will have to be quite firm early on because it is useful as a tool of negotiating to really be aggressive early and then be able to use that to negotiate with other countries in terms of policies that he wants them to abide by,» says Marko Papic, Chief Strategist, BCA Research. Let us talk about Donald Trump. He takes charge next week. What do you expect from him? You think he is going to follow up on his pledges about tariffs, tax cuts, and immigration. What is your own sense and do you think it was just perhaps rhetoric? Marko Papic: Macro investing is pretty difficult because not only do you have to get the direction of markets correctly, but also what is the most important issue that the market will focus on? The market cannot focus on everything at the same time and I think that too many investors are trying to combine all of Trump's policies and figure out their inflation, market, and economic impact. I think that the market is going to continue to focus as it has been on fiscal policy, that means how much will President Trump and his cabinet expand the budget deficit and thus far the market has assumed that the US will continue to spend at a pretty significant clip.
17.01 / 07:07
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RIL’s Q3 may have set the floor for the stock, but upside catalysts remain elusive
Subscribe to enjoy similar stories. Reliance Industries Ltd (RIL) stock’s underperformance in 2024 was striking, falling by 6% against Nifty50’s 9% gain. The good news is the December quarter (Q3FY25) results signal that the worst might be over in terms of pressure on its two businesses.
17.01 / 07:07
UPS
Provident
wellness
Doge
country
social
Department
How to make Elon Musk’s budget-slashing dreams come true
Subscribe to enjoy similar stories. Elon Musk and Vivek Ramaswamy plan to whip the American state into shape. On November 14th their newly created Department of Government Efficiency (DOGE) announced that it wants to hire “super-high-IQ small-government revolutionaries" to work on cost-cutting.
17.01 / 06:31
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FIVE
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security
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Top 5 defence stocks to watch out for pre-budget gains
Subscribe to enjoy similar stories. India's defence sector is gearing up for a seismic shift as the government pairs record-breaking budgets with ambitious reforms, positioning the nation not just as a regional power but a global defence exporter aiming for ₹420 billion in exports by 2025. The Indian government ramped up its defence spending to ₹6.2 trillion in the 2024 budget, with expectations of an even larger allocation for the year.
17.01 / 06:21
UPS
FIVE
country
social
Interviews
politician
Most Canadians don’t want to be American, unless it comes with perks: poll
If given the opportunity, 43 per cent of young Canadians would vote to be American, with a few guarantees.
17.01 / 05:57
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Tata Power share price 0.05 per cent
Tata Power Company Ltd. traded 0.05 per cent up at Rs 368.75 at around 11:11AM (IST) on Friday. The stock had closed at Rs 368.95 in the previous session. Equity benchmark Sensex traded 679.21 points at 76363.61 around the same time.
17.01 / 05:19
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Meta’s community notes won’t apply to paid ads. Marketers still have questions.
Subscribe to enjoy similar stories. Facebook and Instagram owner Meta Platforms assured advertisers this week that its “Community Notes," which will let users crowdsource annotations on posts that they believe are false or need context, won’t apply to paid ads when they arrive later this year, according to people with direct knowledge of the conversations. Advertisers have been waiting to learn how they will be affected since Meta Chief Executive Mark Zuckerberg said on Jan.
17.01 / 04:53
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security
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Buy REC, target price Rs 600: ICICI Securities
buy call on REC with a target price of Rs 600. The current market price of REC is Rs 485.2. REC, incorporated in 1969, is a Large Cap company with a market cap of Rs 127211.05 core, operating in Term Lending Institutions sector.
17.01 / 04:53
markets
COST
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budget 2025
Engineering sector’s wishlist for Budget 2025: Liquidity, raw materials, and reforms
Budget 2025 approaches, India’s engineering sector, a vital contributor to the nation’s manufacturing and export growth, has outlined a detailed wish list for the government.
17.01 / 04:53
17.01 / 04:53
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rights
Sensex falls! But these stocks are up over 10% on BSE
Stocks that rallied over 10% included, IEL Ltd.(14.51%), Bajaj Healthcare(13.74%), Silverpoint Infratech(12.04%), Hindustan Motor(10.62%), TGB Banquets(10.33%) and Metal Coatings(10.07%).
17.01 / 04:53
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country
Dollar has further to go; US too appealing for investors to look at EMs for now: Cameron Brandt
Cameron Brandt of EPFR Global says there is a strong inclination to return to emerging markets. However, the current appeal of the United States, at least in the short term, is so compelling that it is challenging for investors to overlook it in favor of emerging market narratives. The aspects of these narratives that hold credibility have recently experienced significant price increases. This interest is particularly focused on the major emerging markets in Asia, including India, China, Korea, and Taiwan, where substantial capital has been directed. What is the sense that you are getting? Is the dollar going to peak out anytime soon? Cameron Brandt: My sense is certainly that it has further to go and as much as there is a consistent theme for mutual fund and ETF flows, it is towards US mandated equity and bond funds.
17.01 / 04:43
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community
Instagram
social
blues
Videos
Blue collar workers emerge as influencers but their brands are yet to catch on
Subscribe to enjoy similar stories. Blue collar workers like electricians, welders, masons, and plumbers, are becoming influencers by sharing their daily work on social media and attracting millions of views. However, they are struggling to monetise their reach as the brands they want to collaborate with don’t see them as an attractive marketing avenue.
17.01 / 04:43
COST
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Digital
Platform
Enterprise
Bill
information
TReDs 2.0: Govt. looks at second window for MSME bill discounting, up to ₹10 lakh of transaction may be allowed
Subscribe to enjoy similar stories. New Delhi: The government is looking at a second window for the Trade Receivables Discounting System (TReDs) to allow transactions of as low as ₹1 lakh to ₹10 lakh, two officials said. It is also looking at including a credit guarantee scheme into it, the officials added.
17.01 / 03:23
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UPS
Target
Action
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performer
Eight stocks to buy and sell today — 17 January
Subscribe to enjoy similar stories. Redington Ltd: Buy at ₹216.40; Target ₹227-232; Stop loss ₹209. The stock performed well yesterday, rallying 4.67% and successfully closing above the important ₹211 level.
17.01 / 03:01
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Digital
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Surge in tariff, users and data lifts Jio net up 26%
Reliance Industries' telecom and digital businesses, posted a 26% on-year rise in net profit in the fiscal third quarter, on the back of the tariff hikes of July 2024, subscriber additions and strong data usage growth. The rate hikes partly helped Jio grow average revenue per user(ARPU) 4.2% on-quarter to ₹203.3. But the full beneficial impact of the price hikes will be staggered, and likely to come through Q4FY25 and Q1FY26, since Jio has a higher share of subscribers on longer-validity plans compared to Bharti Airtel or Vodafone Idea, said analysts.
17.01 / 03:01
17.01 / 03:01
17.01 / 03:01
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security
Parke
Election
Justice
Department
Indian national sentenced to 8 years for attempted attack on White House
Sai Varshith Kandula, 20, on Thursday was sentenced to eight years for an attempted attack on the White House with a rented truck on May 22, 2023. The attack aimed to overthrow the democratically elected American government in order to replace it with a dictatorship fuelled by Nazi ideology, the Department of Justice said.
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