UPS Financial News

29.11 / 08:59
UPS Manufacturing Food wellness Trade Cycling track Tight credit and external uncertainty to weigh on India’s growth: Sonal Varma
«And of course, we have seen profitability in some of the big manufacturing companies come down, which is also going to weigh on growth, so on the whole domestic demand contribution to growth we think will be softer than expected,» says Sonal Varma, Nomura. This 6.5% figure for Q2 GDP, is it closer to your expectation as well? Sonal Varma: We think it will be closer to the lower end of that range. So, we are expecting Q2 at 6.3%. So, slightly below consensus expectations of 6.5% and also below RBI’s forecast of 7%. I mean, in particular, in our view, we are likely to see a bigger drop in private consumption. Even fixed investment where we saw government spending pick up, our view is the private side of investment, things like construction activity indicators have been quite soft. And of course, we have seen profitability in some of the big manufacturing companies come down, which is also going to weigh on growth, so on the whole domestic demand contribution to growth we think will be softer than expected.
29.11 / 08:55
UPS Provident Waters performer Features rights orienteering OnePlus 13 vs OnePlus 12: Design, performance, camera, and more compared
OnePlus 13 vs OnePlus 12: The OnePlus 13 has already been launched in China and now the smartphone is expected to make its debut in India in January 2025. Over the past few weeks, several leaks surrounding the device have been making rounds on the internet, giving us a glimpse of what OnePlus may launch in India. However, for people looking for an upgrade, it is worth analyzing what upgrades and changes are coming to the OnePlus 13 in comparison to the OnePlus 12.
29.11 / 08:55
UPS Provident Waters Qualcomm Features Videos Realme GT 7 Pro with Snapdragon 8 Elite SoC goes on first sale today: Price, launch offers, specs and more
₹59,999 for the 12GB RAM/256GB storage variant while the 16GB RAM/512GB storage variant is priced at ₹65,999. However, as part of the launch offers, Realme is offering a ₹3,000, taking the effective price of the device to ₹56,999 and ₹62,999 respectively.
29.11 / 08:55
UPS economy Universities country social Equality politician Governments are bigger than ever. They are also more useless
Subscribe to enjoy similar stories. You may sense that governments are not as competent as they once were. Upon entering the White House in 2021, President Joe Biden promised to revitalise American infrastructure.
29.11 / 07:53
UPS FIVE trends Celebrity Diversity performer innovations People want make up products that multitask: MAC's Romero Jennings
Subscribe to enjoy similar stories. Over the past five decades, New York-based Romero Jennings has seen the way people consume and view make up. He moved to New York from Jamaica at the age of 6.
29.11 / 07:53
markets COST UPS Digital Food Trade performer FMCG stocks have disappointed. Can the big 4 pull off a turnaround?
Subscribe to enjoy similar stories. Once considered a safe haven in times of economic turmoil, India’s fast-moving consumer goods (FMCG) sector now finds itself at a crossroads, grappling with rising competition, shifting consumer preferences, and an inflationary squeeze that threatens its stronghold on household essentials. Investors have historically seen it as a defensive sector, a bastion of stability, even during a market correction when it historically holds firm.
29.11 / 07:29
markets UPS Food Nikkei trends Trade reports Stock market today: Asian shares are mixed, with US markets closed for Thanksgiving
Asian shares are mixed after U.S. markets were closed for the Thanksgiving holiday
29.11 / 07:29
COST UPS Corning Food community Universities country From yuck to profits: Some Zimbabwe farmers turn to maggots to survive drought and thrive
It was an alarming, even sickening, suggestion: Farmers in Zimbabwe hit hard by drought should farm maggots to feed their animals and boost their household incomes
29.11 / 07:11
markets UPS Provident Digital Strategy awards NODWIN Gaming acquires Trinity Gaming for Rs 24 crore
Gaming and esports company NODWIN Gaming on Friday said it has acquired Trinity Gaming at a valuation of Rs 24 crore. Trinity Gaming serves as a Creator Service Provider (CSP) for Meta and gaming Multi-channel Network (MCN) for YouTube in India. It manages over 1,000 creators nationwide and has established partnerships with the likes of Samsung, Realme, iQOO, and Krafton. «The acquisition of 100 per cent of the share capital of Trinity will be a combination of secondary sale and stock swap of NODWIN Gaming shares for a total consideration of up to Rs 24 crore,» a company statement said. The consideration would be payable partly by way of cash consideration of up to Rs 4.8 crore and balance Rs 19.2 crore by way of swap of equity shares of NODWIN Gaming, it added.
29.11 / 07:11
markets UPS Art Gap Trade Experts Pidilite Ind shares 0.31% as Sensex
Pidilite Industries Ltd. traded at Rs 3054.95 on BSE at 12:37PM (IST) on Friday, 0.31 per cent from previous close. The scrip quoted a 52-week low price of Rs 2475.15 and a high of Rs 3414.40.
29.11 / 07:11
markets UPS Strategy wellness trends Trade Earnings growth key to market momentum: Ashish Gupta
market, there are multiple stocks that are still trading about 50-time earnings," says Ashish Gupta, CIO, Axis Mutual Fund. No doubt the markets have seen a very good recovery from the lows that it hit in the month of November, but one of the crucial questions now that will be on everyone's mind is that, is India value buy after the recent sell-off? Ashish Gupta: So, it is great that some of the froth in the market and in the valuations have come off in the month of October. However, I do not think in terms of multiple, the market has really come into a value zone yet. Of course, there are individual stocks that are now much more attractive, but on an aggregate basis, I do not think the market multiples have corrected as much.
29.11 / 06:55
UPS Apple AirPods performer Features International Lava Yuva 4 launched in India under ₹7,000: Top 5 things you should know
₹7,000. Here's a look at the top 5 things you need to know about the new smartphone from the homegrown smartphone maker.Also Read | Lava Agni 3 5G Review: Not your average mid-rangerLava Yuva 4 features a 6.5-inch HD+ display with a resolution of 1600 x 720 pixels and up to 90Hz refresh rate. It runs on Lava's own custom skin based on Android 14.
29.11 / 06:55
UPS Target Action Strategy economy reports India to come up with mitigation action for high carbon-emitting sectors like steel, cement, refineries, fertilisers
Subscribe to enjoy similar stories. New Delhi: The Union government plans to come up with mitigation action based on carbon capture and clean coal for industries that are among the biggest emitters of gases that cause global warming, Niti Aayog member V. K.
29.11 / 06:55
UPS economy Trade War show country Russia’s war economy shows new cracks after the ruble plunges
Subscribe to enjoy similar stories. The Russian economy, surprisingly resilient through two-plus years of war and sanctions, has suddenly begun to show serious strains. The ruble is plunging.
29.11 / 06:05
markets UPS security Strategy Trade stars Sensex rises! These stocks are up over 10% on BSE
Stocks that rallied over 10% included, Dhampure Special(14.79%), Easy Trip Planners(14.52%), Maruti Infra(14.38%), Adani Green(12.64%), Saraswati Saree Depo(12.15%), Pudumjee Paper Prod(11.42%), Salem Erode Invest(10.94%) and Modern Dairies(10.10%).
29.11 / 05:17
markets UPS Gap Analysis Trade Experts Siemens shares 1.44% as Sensex
Siemens Ltd. traded at Rs 7527.70 on BSE at 10:36AM (IST) on Friday, 1.44 per cent from previous close. The scrip quoted a 52-week low price of Rs 3577.95 and a high of Rs 8129.95.
29.11 / 05:17
markets UPS Booking Airlines Experts travelers International Air India's Black Friday Offers: Up to 20% off on base fares for 96 hours; check promo codes and more
Bookings under the sale are open from 0001 hours IST of 29 November 2024 to 2359 hours IST of 02 December 2024, for travel until 30 June 2025 (except for flights between India and Australia & North America that are available for travel until 30 October 2025). However, the sale is available exclusively through Air India’s official website and mobile apps on both iOS and Android. The seats on offer are limited and will be sold on a first-come, first-served basis, with some blackout dates applying, said the low-cost airline.
29.11 / 05:17
markets UPS Analysis Trade Experts stars Sensex rises! These stocks are up over 15% on BSE
Premier Energy and Infrastructure Ltd.(up 57.39%), Mangalam Drugs(up 19.98%) and Soma Textiles(up 19.08%) were among the stocks that surged over 15%.
29.11 / 04:37
markets UPS Target Sustainability Trade reports Buy Mahindra & Mahindra, target price Rs 3,420: Motilal Oswal Financial Services
buy call on Mahindra & Mahindra with a target price of Rs 3,420. The current market price of Mahindra & Mahindra is Rs 2923.15. Mahindra & Mahindra, incorporated in 1945, is a Large Cap company with a market cap of Rs 363694.88 crore, operating in the Auto sector. Mahindra & Mahindra's key products/revenue segments include Automobile-Light, Medium & Heavy Commercial, Jeep, Passenger Car, Sale of services, Other Operating Revenue for the year ending 31-Mar-2024.
29.11 / 04:37
markets UPS FIVE Action security Justice Courts Heightened security measures around Sambhal's Shahi Jama Masjid ahead of Friday prayers
Shahi Jama Masjid in Sambhal, Uttar Pradesh, ahead of the Friday prayers, following recent tensions in the area. The deployment of the Rapid Action Force (RAF) and drones has been put in place to maintain law and order in the district. These precautionary measures come after a violent stone-pelting incident during the Archaeological Survey of India’s (ASI) examination of the Mughal-era mosque on November 24. The clashes led to the loss of five lives and several others being injured, including both local residents and ASI officials involved in the survey. In response to the violence, Uttar Pradesh Governor Anandiben Patel has set up a three-member Judicial Inquiry Commission, headed by retired Justice Devendra Kumar Arora of the Allahabad High Court. The commission's purpose is to conduct a thorough and unbiased investigation to ensure transparency and accountability.
29.11 / 04:37
markets UPS Micron Trade Updates orienteering Stock market update: Mining stocks up as market rises
Ashapura Minechem Ltd.(up 5.09%), The Orissa Minerals Development Company Ltd.(up 2.66%), Oriental Trimex Ltd.(up 1.95%), 20 Microns Ltd.(up 1.69%), NMDC Ltd.(up 1.44%), Gujarat Mineral Development Corporation Ltd.(up 1.08%), Pokarna Ltd.(up 1.05%), KIOCL Ltd.(up 0.97%), Aro Granite Industries Ltd.(up 0.92%) and MOIL Ltd.(up 0.77%) were among the top gainers.

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