UPS Financial News

The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates next week

₹80,000 that deliver impressive gaming experiences without breaking the bank. These laptops are equipped with the latest processors, high-refresh-rate displays, and dedicated GPUs to ensure smooth gameplay.

Some cancer patients are hitting coverage limits on a cheap anti-nausea pill that can ward off waves of vomiting after treatment

Kamala Harris has pressed a forceful case against Donald Trump in their first and perhaps only debate before the presidential election

Benchmark NSE Nifty closed 122.65 points down at 24918.45 amid selling in frontline bluechip counters.

₹1.5 lakh and ₹1 lakh, respectively. As a broad observation, street vendors in states/UTs where they are in high concentration earn less than those who operate in states/UTs where they show lower density but form a larger share of the workforce. In such a scenario, PM SVANidhi offers crucial support by facilitating financial access, regardless of the market conditions in their regions.

Kamala Harris on Tuesday night took on Republican rival Donald Trump in what was their first official face-off during the US Presidential Debate 2024 in Philadelphia. In contrast to outgoing President Joe Biden's disasastrous, and what critics called a sure-short failure of a debate for Democrats, Harris' fight against Trump appeared to be a visual treat. Harris, who identifies as an American born to Jamaican-Indian immigrant parents, was tough on the former US President, launching sharp attacks and significant verbal punches, often taking the Republican by surprise.

The world’s largest burger chain is rolling out a new format in the US with digital ordering stations that can take cash and give change, allowing most customers to bypass the register entirely, according to people familiar with the new design option. While the bulk of McDonald’s locations already have kiosks, right now most customers who don’t pay with cards have to line up at the counter to finish their transactions with the help of an employee.

₹223 crores, while NTC Industries’ standalone net profit fell almost 78% to ₹44 crores in Q1 FY25. Even ITC, the most diversified player in the tobacco business, reported a mere 0.3% on-year rise in its standalone net profit to ₹4,920 crore in the same period. Also Read: ITC shares hit a new high post budget.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

National Commission for Protection of Child Rights (NCPCR) on Wednesday filed an affidavit in the Supreme Court on a plea challenging Allahabad High Court's March 22 judgment striking down 'UP Board of Madarsa Education Act 2004'. NCPCR says that the education imparted to children in Madrasa is not comprehensive, and is therefore against the provisions of Right to Education Act, 2009. The Madrasa's are infringing on children's fundamental right to a good education by failing to provide these basic requirements. Children are denied not only a suitable education but also a healthy atmosphere and improved opportunities for growth, affidavit states.

ONGC and Oil India (OIL) dropped by 3% to Rs 287.30 and 6.4% to Rs 570, respectively, on BSE following a sharp decline in crude oil prices, which usually negatively impacts their profit margins. Crude oil prices have plummeted to nearly three-year lows following a downward revision of demand forecasts by OPEC, primarily driven by reduced Chinese demand. In its monthly report released yesterday, OPEC lowered the global oil demand forecast for 2024 to 2.03 million barrels per day, down from the previous estimate of 2.11 million barrels per day.

Max Healthcare Institute Ltd. gained 1.42 per cent to Rs 892.35 in Wednesday's session as of 10:45AM (IST) even as the equity benchmark Sensex traded 142.87 points higher at 82064.16. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 979.8 and a 52-week low of Rs 531.05 on NSE. Around 8986 shares changed hands on the counter till 10:45AM (IST).

GAIL (India) Ltd. fell 1.15 per cent to Rs 217.35 in Wednesday's session as of 01:03PM (IST) even as the equity benchmark Sensex traded 44.11 points higher at 81965.4. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 246.35 and a 52-week low of Rs 116.2 on NSE. Around 144083 shares changed hands on the counter till 01:03PM (IST).

Marico Ltd. gained 0.96 per cent to Rs 686.4 in Wednesday's trade. It hit a high of Rs 689.0 and low of Rs 675.05 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 573.62, while the 50-DMA was at Rs 658.48. 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.

Au Small Finance Bank Ltd.(up 0.5 per cent), Kotak Mahindra Bank Ltd.(up 0.43 per cent), State Bank of India(up 0.27 per cent), Bank of Baroda(up 0.17 per cent) and Axis Bank Ltd.(up 0.16 per cent) were among the top gainers.

South China Morning Post, the Hong Kong daily, reported that the Malaysian Retailers Association has publicly called on Kuala Lumpur to significantly raise duties on imported goods costing $115 or less from the 10% levy imposed in January. The retailer’s association estimates it is losing 30% of its business to e-commerce portals selling goods shipped in from China. “Because we have not tightened up any rules or regulations, Malaysia has become a dumping ground for excess capacity from China," Ameer Ali Mydin of the Malaysian Retailers Association told the newspaper.

Ambuja Cements Ltd. traded at Rs 628.5 on BSE at 11:26AM (IST) on Wednesday, up 0.24 per cent. The stock quoted a 52-week low price of Rs 404.0 and a high of Rs 706.85. Earlier in the day, the stock saw a gap up opening.

Crompton Greaves Consumer Electricals Ltd. dropped 0.1 per cent to Rs 466.3 at 12:07PM (IST) in Wednesday's trade. The stock has hit a high of Rs 469.2 and low of Rs 464.3 so far during the session. The stock had closed at Rs 466.8 in the previous session. The counter has had a total traded volume of 12848 shares so far with a value of Rs 0.6 crore on the NSE. It traded at a price-to-earnings multiple of 63.29 and a price-to-book ratio of 5.73.

IIFA 2024 pre-event in Mumbai, a heartwarming moment involving Shah Rukh Khan and South Indian actor Rana Daggubati became the highlight of the evening. During the event, Rana Daggubati walked up to the stage, greeted Shah Rukh with a warm hug, and then bent down to touch Shah Rukh Khan’s feet in a show of deep respect. He also extended the gesture to Karan Johar, who was on stage alongside Shah Rukh. Shah Rukh, visibly touched by the act, made a playful remark, saying, «This is how the new generation shows respect.» Smiling, Rana explained, «We are fully South Indian, so this is how we do it.» The candid exchange, filled with mutual admiration, left both Shah Rukh and Karan beaming, while the audience erupted in applause. Fans quickly took to social media, praising Rana's gesture. One fan commented, «South Indians are known for their deep-rooted respect and culture,» while another added, «Such a wholesome moment – SRK is the one everyone loves.»

inflation) diminishes gold’s appeal: from a yield perspective, investors are better off holding treasury bonds rather than a non-yielding asset like gold. Read this | Are sovereign gold bonds the new ‘gold standard’ in investing? In recent months, however, US bond yields have declined, driven by expectations of easing monetary policy, and they’ve fallen more than inflation. From January to August, the two-year treasury yield dropped by 33 basis points (bps), and the 10-year yield fell 24 bps, while inflation decreased by 20 bps between January and July.