UPS Financial News

Subscribe to enjoy similar stories. Ian Rankin is my favourite writer. He writes crime fiction set in the city of Edinburgh in Scotland, featuring a now-retired police detective called John Rebus.

Subscribe to enjoy similar stories. Wall Street is cranking up its complex bond machine again. Goldman Sachs this month sold $475 million of public asset-backed securitization, or ABS, bonds backed by loans the bank makes to fund managers that tide them over until cash from investors comes in.

Subscribe to enjoy similar stories. Zomato Ltd’s September quarter (Q2FY25) result was decent. A key parameter – the gross order value (GOV) – of food delivery and Blinkit grew by 21% and 122% year-on-year, respectively.

Subscribe to enjoy similar stories. The stock market gods have been kind in recent years—and sometimes very kind, delivering impressive returns for those who made the right investment choices and got a bit lucky. Unsurprisingly, many individuals have taken notice and moved into direct stock investing.

Whether you’re looking for exquisite jewellery, traditional home decor, or modern gadgets, Amazon has curated an array of products at irresistible prices. Embrace the tradition of purchasing items that symbolize wealth and prosperity while enjoying significant savings, making this Dhanteras a memorable one for you and your loved ones.

«Some bit of cyclical downturn is expected, which is what we are going through. I think it will reflect in terms of softening of valuations of the market,» says Abhay Agarwal, Piper Serica. What is your sense, is it going to be a bit of a soft Diwali for us? Abhay Agarwal: Well, it is looking like we saw some of this trend starting to come up. Low consumption, weak consumption, the Diwali stocking that typically used to take place with the retailers and distributors of products that focus on consumer discretionary demand like paints, tiles, home improvement, autos especially, there was a very weak offtake.

Rishabh Pant on Wednesday overtook his superstar India teammate Virat Kohli to reach the sixth spot in the ICC Test rankings for batters. Fresh from a counter-attacking 99 in the second innings of the opening Test against New Zealand, Pant gained three spots in the rankings while Kohli, who made a fluent 70 in Bengaluru, dropped a place to be eighth. Opener Yashasvi Jaiswal remains India's highest ranked batter at four. India captain Rohit Sharma dropped two places to be joint 15th alongside Sri Lanka's Dimuth Karunaratne. England star Joe Root maintains a healthy lead at the top of the charts.

GoDaddy is one such company that aims to help small businesses to focus on their core competencies. In an interview with ET Digital, Laura Messerschmitt, President, International Independents, GoDaddy, and Selina Bieber, Vice President, International Markets, GoDaddy, say that the internet domain registry, domain registrar and web hosting company offers AI-powered tools in a variety of its products to small businesses who can benefit from the use of such advanced technologies. Edited excerpts: The Economic Times (ET): What’s GoDaddy's vision for empowering Indian small businesses? How can online opportunities, such as the benefit of using AI, help small business owners? GoDaddy (GD): In addition to being the world’s largest domain name registrar, GoDaddy is a trusted partner for small and medium businesses globally, simplifying the process of establishing and managing an online presence. GoDaddy’s vision is to empower entrepreneurs everywhere, making opportunity more inclusive for all. Our website builder tool allows business owners to create mobile-ready websites with customisable templates quickly and easily.

BSE at 01:53PM (IST) on Wednesday, up 0.84 per cent. The stock quoted a 52-week low price of Rs 636.1 and a high of Rs 1148.3. Earlier in the day, the stock saw a gap down opening.

European shares inched higher on Wednesday, led by automobiles and utilities stocks, as investors analysed a slew of mixed corporate earnings from heavyweights such as Deutsche Bank and Roche. The pan-European STOXX 600 index ticked 0.1% higher as of 0712 GMT. Eurozone bank stocks held back some gains as Deutsche Bank's shares fell 2.7%.

Top deals for you:Also read: Amazon Diwali sale blockbuster deals during Great Indian Festival: Top decor items at 80% offTransform your dining table this Diwali with Amazon Great Indian Festival offers on cutlery, boasting discounts of over 70%! Explore a wide selection of stylish and durable cutlery sets that will elevate your festive meals. Ideal for hosting gatherings or enjoying quality time with family, these deals provide an opportunity to refresh your dining essentials at an unbeatable price.

Subscribe to enjoy similar stories. Foreign investors are pulling their money out of India. While that may not be surprising, the question is which global markets are catching the attention of foreign portfolio investors (FPIs) now? The short answer: Apart from China, it was South Korea, Japan and Indonesia.

Reasons to buyReasons to avoidAlso read: Amazon Great Indian Festival Diwali Sale is LIVE: More than 70% off on newly launched TVs from Samsung, Sony and moreThe Anikaa Crystal entertainment stand is a modern and elegant choice for your living room. With a wenge finish and a contemporary design, it adds a touch of luxury to your home decor.

Subscribe to enjoy similar stories. Logistics aggregator Shiprocket is looking to increase investments in its emerging businesses, contributing a fifth of the total revenue, as it gears up to log its first full year of profitability on an adjusted Ebitda level, a top executive said. The Temasek-backed company, which is valued at over $1 billion, will double down on three segments—cross-border shipping, checkout, and quick deliveries, among others—to fuel its next level of growth, at a time when the first two quarters of the current financial year are already profitable on an adjusted Ebitda basis, Saahil Goel, managing director and chief executive officer of Shiprocket, said in an interview with Mint.

However, SUI is just one of many altcoins in the spotlight. Upcoming Layer-2 blockchain Pepe Unchained just hit the $20 million milestone. The project is building a secondary layer dedicated to memecoins. SUI surges ahead SUI has recorded a growth above 330% on the annual chart. Despite the recent ups and downs in the broader market, SUI has surged above 100% over the last 30 days to become one of the most trending crypto coins this month.

Chinese smartphone maker Xiaomi Corp is expected to complete the construction of an expansion of its electric vehicle factory in mid-2025, according to government-backed Chinese media on Wednesday The second phase of the Xiaomi Intelligent Manufacturing Industrial Base is scheduled to be completed on June 15, according to a report by the National Business Daily citing a person familiar with the project. The report added that workers were working overtime to complete the project, which is adjacent to the first-phase factory located in Beijing's Yizhuang New Town, an economic development area in which many high-tech firms have set up shop.

Tube Investments of India Ltd. rose 0.74 per cent to Rs 4449.95 in Wednesday's trade. It hit an intraday high of Rs 4500.3 and low of Rs 4400.05, respectively, during the day. The stock quoted a 52-week high price of Rs 4666.0 and low of Rs 2881.3.

Cummins India Ltd. traded 1.31 per cent up at Rs 3494.8 at around 01:02PM (IST) on Wednesday. The stock had closed at Rs 3541.4 in the previous session. Equity benchmark Sensex traded 284.58 points higher at 80505.3 around the same time.

Hindustan Zinc surged 4% to Rs 535 in Wednesday's trade on the BSE after silver prices reached the Rs 1 lakh per kg mark in Delhi-NCR’s bullion markets on Tuesday. Hindustan Zinc is India's largest producer of silver and refined silver. Meanwhile, on Tuesday, December silver contracts on the MCX hit a new lifetime high of Rs 99,475, gaining Rs 2,019, or over 2%. March 2025 futures were trading at Rs 1,01,688, up Rs 1,847, or 1.85%.

Ambuja Cements Ltd. gained 0.9 per cent to Rs 563.1 in Wednesday's trade. It hit a high of Rs 564.9 and low of Rs 554.6 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 614.59, while the 50-DMA was at Rs 613.55. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Tata Power Company Ltd. rose 0.91 per cent to Rs 440.0 in Wednesday's trade as of 11:41AM (IST) even as the benchmark Nifty ruled at 24568.1, up 96.0 points. The scrip had closed at Rs 436.0 in the previous session. The stock quoted a 52-week low of Rs 230.75 and a high of Rs 494.85. The company quoted a market-cap of Rs 140738.73 crore on the BSE.