UPS Financial News

₹5,000 that make ideal gifts for your loved ones. From smartwatches to soundbars, we have got you covered. Here is your go-to guide for the top recommendations this season!This 25W RMS boAt soundbar offers immersive 2.0 channel surround sound with dual passive radiators for enhanced bass.

Camera buying guide for amateurs, professionals, creators, and enthusiasts: All you need to know before buyingCheck out more IZI products on AmazonThe IZI IRIS camera features a dual display system, with the main 1.5-inch AMOLED screen offering vibrant visuals for smooth, real-time monitoring. It’s perfect for adjusting settings and framing shots on the go.

Subscribe to enjoy similar stories. Here’s one more thing you can (not) look forward to in middle age: something called frozen shoulder. Formally known as “adhesive capsulitis," frozen shoulder is a painful condition where inflammation immobilizes the shoulder joint for months or even years.

Subscribe to enjoy similar stories. It’s never a great sign when what’s going out the door gets more attention than what’s coming in. The world’s largest tech companies should at least be getting used to that by now.

₹20,000 off on the newly launched electric scooters. Also, avail discounts of up to 80% on the best car and bike accessories from top brands. This is a fantastic opportunity for vehicle owners looking to upgrade their rides with new-age scooters and bikes.

₹1,999.This innovative fitness ring is available in three stylish finishes—Titanium Black, Titanium Silver, and Titanium Gold—and offers an impressive nine size options, catering to a wide range of users. Starting at a price of ₹38,999, the Galaxy Ring can be purchased through Samsung.com, select retail outlets, Amazon, and Flipkart. Customers can also take advantage of Samsung’s sizing kit to ensure they choose the correct size before making a purchase.

Shares of Mahindra Lifespace Developers Ltd.(up 3.13 per cent), Godrej Properties Ltd.(up 2.59 per cent), Phoenix Mills Ltd.(up 1.35 per cent), DLF Ltd.(up 1.07 per cent) and Sobha Ltd.(up 0.32 per cent) ended the day as top gainers in the pack.

NASA's first human mission to the lunar South Pole will be wearing Prada, as part of a new venture unveiled on Wednesday. Private space company Axiom Space teamed up with the Italian luxury brand to provide the surface suits and spacewalk systems for NASA's Artemis 3 mission, which is planned for September 2026. The external layer of the space suit, designed to reflect heat, is largely white, as it was on the suits worn by the Apollo astronauts who last walked on the moon more than 50 years ago.

Mahayuti government of presiding over the «wholesale surrender» of Maharashtra's interests and claimed that Prime Minister Narendra Modi has decided that the state does not deserve new projects or central support. Congress general secretary-in-charge communications Jairam Ramesh said soon enough, the people of Maharashtra will take their revenge on those who have betrayed the state. «The Mahayuti government bears the dubious distinction of having presided over the wholesale surrender of Maharashtra's interests,» Ramesh said in a post on X. The Congress and the Maha Vikas Aghadi (MVA) do not believe in playing favourites — «we believe in the equitable development of the entire country».

RJD leader Tejashwi Yadav on Wednesday dismissed speculations of a realignment with Bihar Chief Minister Nitish Kumar, claiming that the time was up for the «tired» JD(U) president. Yadav lost his job as the deputy chief minister in January when Kumar abruptly returned to the BJP-led NDA. Talking to reporters in Banka district, the RJD leader challenged him to use his clout with the Centre to get a caste census done besides securing special status for the state and a relief package for areas devastated by recent floods. «The question (of joining hands with Nitish Kumar) does not arise. His time is up. He is tired and no more able to govern Bihar», said Yadav, now the leader of the opposition, in reply to a query as to whether he was ready for a realignment if the offer came from the JD(U) supremo.

Risks surrounding debt projections are «elevated and highly tilted to the upside» in advanced economies such as the UK, the IMF said in a pre-released chapter of its forthcoming Fiscal Monitor report.  The United Nations' financial agency also identified the UK and the US as two major economies with «debt growing at a faster pace than in the pre-pandemic years» and urged both countries to act immediately. IFS warns Reeves against ramping up public debt as chancellor weighs change to fiscal rules «Postponing adjustments would only make the required correction larger. Even more, wait...

Subscribe to enjoy similar stories. The stimulus unleashed by the People’s Bank of China (PBoC) last month was a tough act to follow. When it was the turn of the finance ministry to describe its role in boosting China’s subpar expansion, investors fretted about the absence of fireworks and demanded something more.

Subscribe to enjoy similar stories. International travel has quickly become a top aspiration for many Indians, and exploring the world’s diverse cultures and landscapes is more popular than ever. Though daunting expenses still hold many back, careful planning and smart budgeting can make the dream a reality.

Rakshit Ranjan of Marcellus Investment Managers says markets have run ahead of fundamentals and hence, if one wants to pick up stocks where upside from positive surprises can come, it requires a lot of bottom-up picking rather than any top-down or broader sectoral calls. Further, Marcellus used to have a far greater exposure to specialty chemicals space in some of their funds until about a year, year-and-a-half ago. It is relatively low now. There are some companies in their small and midcap portfolios where supply side issues are much less worrisome now as compared to about six months ago. These are more B2B and export-oriented chemical companies. What are the expectations with respect to earnings because a large part of the Street believes that we had run up ahead of fundamentals and now earnings have peaked and there are chances of more downgrades than upgrades? Rakshit Ranjan: I agree with your broad assessment. There are two types of challenges at the moment in the stock markets that investors should be aware of. One is earnings are going to be adversely affected by weak external macro and hence, a lot of bottom-up stock picking to ensure you pick up only those companies where earnings growth is coming through despite weak macro is required.

construction company Deepak Builders and Engineers will open for subscription on October 21 and close on October 23. The company has fixed a price band of Rs 192-203 apiece. The IPO is a combination of a fresh equity sale of Rs 217 crore and an offer for sale (OFS) of 21 lakh shares.

Subscribe to enjoy similar stories. Shriram Finance has seen stellar growth, with its stock up 2.6x since April 2023, translating to a remarkable 91% CAGR. Zoom out further, and the numbers remain solid: 3.9x since October 2014, clocking a 14.7% CAGR.

Ericsson's India R&D centers are stepping up focus on network API (application programming interfaces) which allow new and existing industry sectors to utilize the advanced capabilities of telecommunications networks, the company announced. «Today even as service providers are delivering the benefits of 5G to consumers and enterprises, they have an opportunity to transform the network into a platform for innovation by making advanced 5G network capabilities available to the global developer community through open network application programming interfaces (APIs). For example, capabilities such as quality on demand and network slicing can be made available through programmatic interfaces,» the company said. «We are stepping up the work on AI, Gen AI and Network APIs at our R&D Centers in India,» said Andres Vicente, Head of Southeast Asia, Oceania and India.

«If you look at OPEC and their announcements in terms of usage, they continue to revise the fact that consumption is actually going down over time. And we do hear that coming from them,» says Jonathan Barratt, CIO, Probis Securities. I think that we have seen this volatile move in crude oil prices ever since we saw Iran launching that ballistic missile against Israel. We saw that spike in crude oil prices. And ever since then, we have been monitoring the movement quite closely. How are you looking at all of these developments and where it is likely to take crude oil prices from here on? Jonathan Barratt: Look, obviously a lot of volatility, crude prices under a lot of pressure. I guess there is a sense of relief that we get that Israel has decided, based on what the US has maybe just told Israel, that they would not attack any of Iran's oil facilities and we get a sense of relief that. And part of that geopolitical risk has sort of come off. But we have also got other influences there in oil prices, which are making it come down at the moment and that is also, of course, China and some of the weak data we are getting out of there. So, there are some major things at the moment and at the moment, they are causing the price of oil to come lower.

Reasons to buyReasons to avoidThe Priti Engineered Console Table with Storage is a sleek and modern option for any home. It features a durable engineered wood construction and ample storage space with two drawers and a bottom shelf.

Subscribe to enjoy similar stories. ICICI Bank is the latest major bank to restrict lounge access for its card users. ICICI credit card holders will now need to spend ₹75,000 every quarter to unlock complimentary lounge access in the subsequent quarter.

LTIMindtree Ltd. dropped 1.32 per cent to Rs 6374.25 at 01:49PM (IST) in Wednesday's trade. The scrip hit a high of Rs 6459.6 and low of Rs 6344.0 so far during the session. The stock had closed at Rs 6459.6 in the previous session. The counter had a total traded volume of 01:49PM shares so far with a turnover of Rs 1.39 crore on BSE. The stock traded at a price-to-earnings multiple of 41.32 and a price-to-book ratio of 7.3.