UPS Financial News

Subscribe to enjoy similar stories. Recent charges of bribery by a US government agency against the Adani Group and its leadership have cast an unexpected spotlight on the Solar Energy Corporation of India—until now a relatively unknown company run by the central government. SECI was set up as an ‘implementing’ agency under the National Solar Mission.

Subscribe to enjoy similar stories. The fatal shooting of Brian Thompson, who was chief executive of UnitedHealth Group Inc.’s insurance arm, has turned the spotlight on insurance companies rejecting policyholders’ claims for various reasons. In India, insurance laws offer policyholders a powerful tool they can invoke if insurance companies reject their claims arbitrarily.

Shoppers laden with bags from Fendi, Loewe, Prada and other designer labels clog the narrow sidewalks of Milan’s swankiest shopping street

The new year will usher in the bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses

Reliance on school buses has been waning for years as districts struggle to find drivers and more students attend schools far outside their neighborhoods

HDFC Asset Management Company Ltd. traded 0.13 per cent up at Rs 4543.45 at around 12:01PM (IST) on Monday. The stock had closed at Rs 4537.50 in the previous session. Equity benchmark Sensex traded 500.73 points at 81632.39 around the same time.

Subscribe to enjoy similar stories. Today's edition of Stocks Made Easy shines a spotlight on a luxury car rental services company. We first featured this company a month ago, during a deep dive into stocks trading below their book value—a trend that gained traction when the buzz around Elcid Investments’ boom was just hitting mainstream attention.

Alfavision Over(up 20.00%), Tips Films(up 19.99%), Donear Ind(up 19.97%), Essar Sec(up 19.95%), Acknit Ind(up 18.22%), Fairchem Organics(up 17.61%), Ind Renewable Energy(up 16.98%), Yasho Industries(up 16.71%), PPAP Automotive (up 15.18%) and Medinova Diagnostic(up 15.11%) were among the stocks that surged over 15%.

Kane Williamson registered his 33rd Test century in the third Test against England at Hamilton, New Zealand on Monday. The modern-day great scored 156 runs before being dismissed by spinner Shoaib Bashir. His innings included 20 fours. The hosts have extended their lead past 600 on a rain-affected third day.

Subscribe to enjoy similar stories. Federal Reserve Chair Jerome Powell had to reassure some skeptical colleagues that the central bank wouldn’t inadvertently send signals of distress when he led them to start lowering borrowing costs at the end of the summer with a gutsy, larger-than-usual half-point reduction. Now, they are confronting another potential hinge point.

Subscribe to enjoy similar stories. Vietnam found the sweet spot in the global economy during President-elect Donald Trump’s first trade war with Beijing: smack in the middle of the U.S. and China.

Subscribe to enjoy similar stories. THERE WAS joy and horror and anguish all at once. Many of the detainees freed from Saidnaya, the most notorious prison in Syria, were husks: skeletal frames, vacant stares.

Chakri Lokapriya, Managing Partner, RSB LLP, says the technology sector, especially large-cap and mid-cap companies, is poised to benefit from the US economic recovery starting in January, driven by the new Trump administration's tax cuts that are expected to boost discretionary spending. Indian IT firms like KPIT, Mindtree, and Cyient may gain from increased engineering research and development spending, which has been stagnant. The cloud computing sector is also set to grow by 35-40%, benefiting major players like Infosys, TCS, and HCL Technology. Lokapriya says he would be ready to invest in Infosys, TCS, HCL Technology, Cyient, KPIT, and Mindtree. What is your take on the entire banking and financial space, especially after that brokerage note from UBS?.. It was quite a bearish note. While the private banks seem to be holding up rather steady in Friday’s trade, it is the PSU banks and the broader financials that seem to be taking it on the chin, the likes of Shriram Finance, IOB, Canara Bank, all these banks are not doing well right now. How would you like to play this banking space and do you believe that private banks can outperform the PSU banks going ahead? Chakri Lokapriya: The note kind of talks about everything that was already largely known in terms of the loan growth slowing down.

add call on Cera Sanitaryware with a target price of Rs 8,416. The current market price of Cera Sanitaryware Ltd. is Rs 7,655.35. Cera Sanitaryware., incorporated in 1998, is a Mid Cap company with a market cap of Rs 9922.85 crore, operating in Building Materials sector. Cera Sanitaryware's key Products/Revenue Segments include Building Products, Other Operating Revenue, Sale of services and Export Incentives for the year ending 31-Mar-2024.

“Both gold and silver have gained ~30% over the last one-year period. Global uncertainties including the US election led to a rally in gold as it is considered as a safe haven,” says Deepak Ramaraju, Senior Fund Manager, Shriram AMC. In an interview with ETMarkets, Ramaraju said: “Silver, on the other hand, may witness momentum on the back of its usage in various industrial applications including electronics, solar panels for renewable energy, advanced healthcare and electric vehicles,” Edited excerpts: Geopolitical concerns and political uncertainty in some of the countries weighed on markets in early December. What is your take on the markets? Markets have witnessed several challenges in the recent past — Russia Ukraine war, the escalation of Israel Palestine conflict, the invasion of Syria etc. However, these geo-political conflicts affect the commodity supply chain, currency movement and inflation.

Subscribe to enjoy similar stories. Today Bangladesh is celebrating the 53rd anniversary of its liberation—a day I still remember vividly. I was then a student at the government inter-college, Prayagraj (then Allahabad).

Subscribe to enjoy similar stories. Mahindra & Mahindra has surpassed Tata Motors as India’s third-largest carmaker thrice in the second half of 2024 on new launches at a time cooling electric vehicle sales and an ageing line-up have hurt the fortunes of the Tata Group company. In August, September, and November, Mahindra, the maker of Thar sport utility vehicle (SUV), cornered 12.64%, 12.64%, and 13.14% share of the nation’s passenger vehicle market, respectively, showed a Mint analysis of the government's vehicle registration data compiled by Fada Research.

Subscribe to enjoy similar stories. New Delhi: India and the UK are expected to restart talks on their proposed free trade agreement (FTA) between April and June, the first quarter of the UK’s fiscal year, two people aware of the matter said. The talks, which aim to resolve outstanding issues, have been ongoing since January 2022 but stalled in May this year after a high-ranking British delegation canceled its visit to New Delhi ahead of the general election in the UK.

Subscribe to enjoy similar stories. New Delhi: Gross refining margins (GRM) of public sector oil marketing companies (OMCs) have fallen by up to 80% in the first half of this financial year, showed data from the Petroleum Planning & Analysis Cell (PPAC), amid shrinking discounts of Russian oil and declining prices in global markets, experts said. Mangalore Refinery and Petrochemicals Ltd, a public sector enterprise under the Union petroleum ministry and a subsidiary of Oil and Natural Gas Corp.

Subscribe to enjoy similar stories. New Delhi: Those planning to travel between metro cities this year-end are in for a treat. According to data from ticket booking portals, airline ticket prices between metropolitan cities have crashed by almost a third this month compared to December 2023.

India vs Australia 3rd Test Day 3 LIVE Score: India will look to get the final three Australian wickets early on the third day of the ongoing third Test at the Gabba in Brisbane and give the visiting batters much game time. After only 13.2 overs were bowled on the opening day due to rain, Day 2 saw no interruptions as Australia made merry of a pitch that offered no turn. While Travis Head (152) brought up his second consecutive hundred in the series, Steve Smith (101) returned to form with his 33rd Test ton.