UPS Financial News

Bandhan Bank Ltd. traded at Rs 209.8 on BSE at 01:28PM (IST) on Thursday, down 1.54 per cent. The stock quoted a 52-week low price of Rs 169.45 and a high of Rs 263.15. Earlier in the day, the stock saw a gap up opening.

Marico Ltd. gained 0.04 per cent to Rs 696.15 in Thursday's trade as of 01:24PM (IST). The stock hit a high price of Rs 702.2 and low of Rs 689.85 during the session.

Sunteck Realty Ltd.(up 3.0 per cent), Mahindra Lifespace Developers Ltd.(up 1.33 per cent), Phoenix Mills Ltd.(up 0.9 per cent) and Prestige Estates Projects Ltd.(up 0.59 per cent) were among the top gainers.

Godrej Consumer Products Ltd. traded at Rs 1453.3 on BSE at 11:16AM (IST) on Thursday, up 1.4 per cent. The stock quoted a 52-week low price of Rs 959.55 and a high of Rs 1541.3. Earlier in the day, the stock saw a gap up opening.

Reliance Power surged 5% to a day’s high of Rs 34.62, while shares of Reliance Infrastructure advanced 7.5% to Rs 304 on the BSE on Thursday. This upward rally follows their resolution of past debts and obligations.

Bank of Baroda traded at Rs 235.15 on BSE at 11:11AM (IST) on Thursday, down 1.09 per cent. The stock quoted a 52-week low price of Rs 187.95 and a high of Rs 298.45. Earlier in the day, the stock saw a gap up opening.

Subscribe to enjoy similar stories. Finding a job in tech by applying online was fruitless, so Glenn Kugelman resorted to another tactic: It involved paper and duct tape. Kugelman, let go from an online-marketing role at eBay, blanketed Manhattan streetlight poles with 150 fliers over nearly three months this spring.

Subscribe to enjoy similar stories. Are we looking at the Indian micro, small and medium enterprise (MSME) sector through the wrong lens? According to government data, there were over 63 million MSMEs in 2015, of which over 60 million were micro enterprises. Of these micro enterprises, though, how many would be ‘nano’ businesses? The Annual Survey of Unincorporated Sector Enterprises (ASUSE) for 2023 offers a contemporary indication.

PI Industries with a target price of Rs 4980. The current market price of PI Industries Ltd. is Rs 4691.85. PI Industries Ltd., incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 70623.27 Crore) operating in Pesticides/Agro Chemicals sector.

Jerome Powell delivered exactly what traders up and down Wall Street had long hoped for: A big interest-rate cut that would justify this year’s steep rally in stocks and bonds as the era of tight monetary policy finally began to reverse. Equities, especially those of economically sensitive companies, briefly surged Wednesday, driving the S&P 500 up as much as 1%. Ditto bonds, while the prospect of easy money ahead initially pushed up speculative assets like crypto.

Subscribe to enjoy similar stories. On Wednesday, India’s cabinet approved an ambitious programme for its space agency, Indian Space Research Organisation (Isro).

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

China has announced sanctions on American companies selling arms to the self-ruled island of Taiwan, which Beijing claims as its own territory and threatens to annex by force

Wall Street wavered near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates

A federal control board that oversees Puerto Rico’s finances says it will step in to help speed up projects to fix the island’s crumbling power grid as widespread outages persist

Opponents of offshore wind around the U.S. are pelting the projects with lawsuits, seeking to cancel them or tie them up for years in costly litigation

U.S. stocks closed with modest losses on Wednesday, well off their intraday highs, after the Federal Reserve cut interest rates by 50 basis points, the high side of estimates for its first cut in more than four years. Trading was choppy. Prior to the Fed announcement, the S&P 500 oscillated between modest gains and losses. The benchmark index rose as much as 1% after the announcement before paring gains and finally closing lower. The Dow and S&P 500 hit intraday highs before weakening.

Tupperware, the plastic kitchenware that revolutionized food storage after World War II and became inextricably linked to the parties where women seeking a measure of financial independence and fun in midcentury America sold the colorful products, has filed for bankruptcy. Tupperware Brands, the Orlando, Florida-based consumer goods company that produces the iconic line of containers, said it was seeking Chapter 11 bankruptcy protection after struggling to revitalize its core business and failing to secure a tenable takeover offer. Despite enjoying the same cultural ubiquity as Kleenex, Teflon and other brands whose trademarked names are eponymous with entire product categories, Tupperware has suffered from waning sales, rising competition and the limitations of the direct-to-consumer marketing model that once defined its success.

digital banking channels. This is a practice usually followed by lenders while opening credit accounts, but is now being replicated for deposit accounts too, according to three people in the know. This comes at a time when banks are trying to weed out mule accounts —accounts which receive funds from illegal sources or through fraudulent transactions — from their systems. Reserve Bank of India governor Shaktikanta Das had at a July 3 meeting urged bank chief executives to step up their fight against such accounts. “Some of the largest banks in the country could be processing around Rs 300-400 crore worth of fraudulent transactions through mule accounts on a monthly basis; for mid-tier banks, the amount could be around Rs 50-100 crore. This is becoming a serious problem for banks as digital payments become more ubiquitous,” a senior banker with a private sector bank said on the condition of anonymity.

North Korea said Thursday that leader Kim Jong Un supervised successful tests of two types of missiles — one designed to carry a «super-large conventional warhead» and the other likely for a nuclear warhead, as he ordered officials to bolster up his country's military capabilities to repel U.S.-led threats. The tests were apparent references to the multiple missile launches that neighboring countries said North Korea performed off its east coast on Wednesday, extending its run of weapons display as confrontations with the U.S. and South Korea escalate. The official Korean Central News Agency said that Kim oversaw the launch of the country's newly built Hwasongpho-11-Da-4.5 ballistic missile tipped with a dummy «4.5-ton super-large conventional warhead.» It said the test-firing was meant to verify an ability to accurately hit a 320 kilometer (200 mile)-range target, suggesting it's a weapon aimed at striking sites in South Korea.

Subscribe to enjoy similar stories. For gig workers, earnings could spike this festival season as online retailers and quick commerce platforms to delivery firms go beyond usual incentives to bolster workforce to meet the rush. On offer: daily bonuses, overnight payouts, additional reward for 100% attendance, and mobile phones to motorbikes for top performers.