UPS Financial News

09.01 / 18:15
markets UPS Digital WhatsApp Department Updates Third Eye: Mahakumbh facilities and living with crocodiles
Mahakumbh facilities The UP Police has established 10 state-of-the-art digital lost-found centres across the Mahakumbh area for safety and convenience of devotees. These centres are equipped with state-of-the-art facilities, including waiting rooms and medical rooms. To ensure comfort, a separate refreshment area has been arranged for women and children. Additionally, all centres have been fitted with 55-inch LED screens connected to a public address system, which will display live updates regarding lost and found persons and items.
09.01 / 18:03
markets UPS Digital Strategy President PAM Raise mega dam project concerns with China: Ex-Arunachal CM Nabam Tuki to Centre
Arunachal Pradesh, Nabam Tuki, on Thursday said the Centre should take up with China the concern over the latter's move to build a mega hydel project dam on Yarlung Tsangpo in the Tibet region close to the border of the state.
09.01 / 18:03
markets UPS Digital Strategy PAM Record EV, hybrid sales help Chinese car market grow 5.3%
electric vehicles and plug-in hybrids in the world's largest auto market hit a record high amid a brutal price war and with subsidised trade-ins for greener vehicles driving purchases.
09.01 / 17:53
markets UPS Provident Analysis economy show Mortgage rates rise for fourth straight week, inching closer to 7%
Madison Ventures+ managing director Mitch Roschelle joins ‘Varney & Co.’ to provide professional analysis of the latest housing data.
09.01 / 17:43
markets UPS Digital Strategy Experts PAM Odisha planning ₹4,000-crore ship recycling hub near Paradip port, says top official
Paradip port and plans to establish two new ports in the state with private sector participation, a top official said.
09.01 / 17:37
markets UPS Digital Strategy Experts PAM Tirupati stampede: CM Chandrababu Naidu announces judicial inquiry, FIRs registered
Tirupati stampede, the Andhra Pradesh government on Thursday announced a judicial inquiry into the incident that seems to have been the result of a policeman's innocuous act of opening the gate with the intention of aiding a sick woman. People were waiting to receive tokens for a holy event at the famous Lord Venkateswara Swamy shrine on Tirumala hills for January 10 when tragedy struck. Following complaints by revenue officials, two FIRs were registered in connection with the stampede which has also left dozens injured. They were registered under Section 194 of Bharatiya Nagarik Suraksha Sanhita (BNSS) which deals with unnatural deaths, a senior police official said.
09.01 / 16:53
UPS Analysis economy Trade Experts show reports Gold price hits four-week peak amid Trump policy concerns
Gold prices rose to a near four-week high on Thursday, supported by safe-haven demand, while investors weighed how U.S. President-elect Donald Trump's policies would impact the economy and inflation. Spot gold was up 0.3% at $2,670.16 per ounce, as of 10:55 a.m. ET (1555 GMT). U.S. gold futures rose 0.6% to $2,689.50.
09.01 / 16:03
markets UPS Parke information reports Courts Amrapali project: Sell flats of buyers not turning up for possession, says SC
Supreme Court on Thursday took a dim view on home buyers not turning up to take possession of flats in the Amrapali projects, being completed by the state-owned NBCC. A bench of Justices Bela M Trivedi and Satish Chandra Sharma asked attorney general R Venkataramani, who was appointed a court receiver in the case, to furnish the latest status report of unsold assets or where the home buyers did not turn up despite efforts to reach out to them.
09.01 / 15:45
markets UPS Digital Strategy Experts PAM Lending rose faster than deposits in the December 27 fortnight
Lending rose faster than deposits in the last fortnight of 2024 with fortnightly growth in a year when credit and deposits have not moved ion tandem and banks struggling to raise deposits to meet credit demand.
09.01 / 15:45
markets UPS Digital Strategy Experts PAM Amid divorce buzz, Prince Harry admits his current life with Meghan Markle 'isn't what he imagined'
Prince Harry and Meghan Markle tied the knot in 2018 the couple has been making the headlines-- and their official exit as senior members of the UK royal family in 2020 only added more fuel to the fire. Amid their recent divorce rumours, considering that Harry and Meghan haven't been making public appearances together for quite some time.
09.01 / 15:45
markets UPS Analysis Trade Experts reports IREDA Q3 Results: PAT jumps 27% YoY to Rs 425 crore, revenue surges 36%
Indian Renewable Energy Development Agency (IREDA) on Thursday reported a 27% jump in its December quarter net profit at Rs 425.38 crore versus Rs 335.53 reported in the the year ago period. The Q3FY25 total revenue from operations stood at Rs 1,698.45 crore which was up 35.6% versus Rs 1,252.85 crore posted by IREDA in the corresponding quarter of the last financial year. On a sequential basis, the profit after tax (PAT) grew 10% over Rs 387.75 crore reported in Q2FY25. The topline saw a 4.2% uptick on a quarter-on-quarter basis versus Rs 1,629.56 crore reported in the July-September quarter.
09.01 / 14:39
markets UPS Citi security Analysis Trade Experts Strata gets Sebi license to launch SM-REIT
fractional ownership of commercial real estate, on Friday said it has received the official license from markets regulator Sebi to launch its Small and Medium Real Estate Investment Trust (SM-REIT). The SM-REIT will be named Strata SM REIT, which will enable retail and institutional investors to invest in high-quality commercial assets in major cities. «The company aims to initially launch up to six SM REIT schemes in 2025-26, and gradually increase it to one scheme every month,» Strata said in a statement.
09.01 / 14:39
markets COST UPS Digital Strategy PAM Beer prices in Telangana based on FY19 cost; Rs 3,900 crore dues remain unpaid to alcoBev sector: BAI
United Breweries suspended supply to Telangana, beer industry body BAI on Thursday said the commercial viability of prices set by the state government has become far too stressed. The prices allowed to supplier companies are actually below the cost of goods supplied as these prices are based on the cost of production in 2018-19, said Brewers Association of India (BAI) DG Vinod Giri.
09.01 / 14:33
UPS rights Liontrust's Julian Fosh retires after nearly two decades with the firm
An important member of the Economic Advantage team, Fosh joined in 2008 to work alongside Anthony Cross to build up the Economic Advantage process and co-manage the UK equity fund range. «I feel tremendously proud and privileged to have had the opportunity to fulfil my potential working with the team at Liontrust and would like to thank all those both within the Liontrust family and without, past and present, who have contributed to this,» he said. «Having recently suffered from an unexpected and severe bout of illness, now seems the right time to step back and enjoy my return to heal...
09.01 / 13:55
markets COST UPS economy rights The stock market embraced higher yields. Now it fears them.
Subscribe to enjoy similar stories. The 10-year bond yield came within a whisker of its high from last April on Wednesday morning, and stocks, especially smaller stocks, didn’t like it one bit. It is part of a switcheroo by investors over the past month.
09.01 / 13:49
markets UPS Platform security Strategy PAM Strata secures SEBI license for SM REIT; aims to launch up to 6 schemes in FY26
commercial real estate investment platform, has received the official license from the Securities and Exchange Board of India (SEBI) for its Small and Medium Real Estate Investment Trust (SM REIT), named Strata SM REIT.
09.01 / 12:17
markets UPS Digital Strategy PAM country Fast paced growth of top end models jack up Mercedes’ average selling price in 2024
average selling price of Mercedes Benz India models in 2024 rose 6% to Rs 95 lakh over Rs 89 lakh in 2023 as buyers lapped up its top end models—those priced at Rs 1.5 crore and above, at a faster pace compared to the year before. Sales of such models that include the Maybach S Class, AMG, GLE to name a few, advanced 30% year-on-year.
09.01 / 11:35
markets UPS Digital Strategy Experts PAM For five minutes we thought all of us were were dead, says Tirupati stampede survivor
Venkata Lakshmi said, recounting the horrific Tirupati stampede that killed six persons and left over 40 injured.
09.01 / 10:13
markets COST UPS Provident Strategy PAM Govt may give Rs 35,000 crore LPG subsidy to IOC, BPCL, HPCL
Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, sources said.
09.01 / 09:59
UPS Target Research Diversity inclusion reports recommendations A boycott of US retailer Costco for its diversity efforts? It’s likely to fail
Subscribe to enjoy similar stories. Costco Wholesale Corp has made a business out of doing things its own way. It pioneered and perfected the high-low formula, selling bulk toilet paper and $1.50 hot dogs alongside gold bars, diamond rings and more wine from Bordeaux than any other retailer.

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