UPS Financial News
06.09 / 14:47
06.09 / 14:06
Blockchain
UPS
Platform
Paxful
Features
International
3 Japanese Megabanks to Trial Cross-Border Stablecoin Transfer for Faster Settlements
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...
06.09 / 13:50
markets
UPS
Provident
Aware
Gap
information
Features
Plan to invest directly in bonds? Beware these risks or you could lose it all.
₹1 lakh to ₹10,000 is a significant step towards this. While it opens up new opportunities for retail investors, it’s important to be aware of the risks before diving into bond investments, and remain vigilant once you do. Retail investors often assume that bonds are safer than equities.
06.09 / 13:35
UPS
BLOCK
Entertainment
Netflix
travelers
rights
diving
Portable gadgets to make long flights bearable: A guide for frequent travellers and new age nomads
Portable projectors: Bring the big screen with youImagine this: You're on a long layover, stuck in your hotel room, and all you need is a wall and a portable projector to set up your personal mini-cinema. Or perhaps you're on a long, quiet flight, and you've snagged a seat with extra room.
06.09 / 13:21
UPS
Align
Trade
country
Department
Updates
Dutch government retakes export control over two ASML tools from US
Dutch government on Friday said it would expand export licensing requirements for some ASML chipmaking equipment, effectively retaking oversight over it from the United States and aligning the two countries' policy. The United States had previously unilaterally regulated those tools, as part of its campaign to restrict access to advanced technology by Chinese chipmakers who could contribute to Beijing's technological and military advances. ASML said in a statement that it did not expect the change in oversight to impact earnings this year or in the future.
06.09 / 13:17
UPS
Target
security
Strategy
reports
gatherings
Suzlon’s One Earth property sale may strengthen core, ICICI Securities increases target price to Rs 80
sale of its corporate office, One Earth Property, may strengthen Suzlon Energy's core, domestic brokerage firm ICICI Securities raised its target price to Rs 80 from the earlier Rs 70, while retaining its 'add' rating Suzlon Energy has entered into an agreement to sell and lease back its prime real estate in Pune over the next 5 years at Rs 440 crore.
06.09 / 13:09
markets
UPS
economy
Healthcare
Trade
Indus
Fear indicator India VIX surges 10% as market gets jittery over US economy concerns
index India VIX jumped 10% to hit the day's high of 15.57 on Friday as Nifty fell by over 300 points to hit a low of 24,839.40, over US economy data concerns, a key indicator of rate cuts. Investors await US jobs data that could decide the size and speed of coming rate cuts in the world's largest economy. This week, VIX has jumped by 11% after remaining on a declining curve for a month. In the last one month, India VIX has fallen by 25%.
06.09 / 12:30
markets
UPS
Booking
security
Trade
reports
Tech view: Nifty breaks 25,000 support, forms long bear candle. How to trade on Monday
Nifty formed a bearish engulfing candle on the weekly chart as it ended Friday’s trading session on a negative note. The index plunged 293 points ahead of a key US jobs report, which could influence the Federal Reserve's decisions on the pace and magnitude of interest rate cuts. A long bear candle was formed on the daily chart, indicating a sharp downside reversal for the market. The cluster support of 25,000 has been broken decisively on the downside. This chart confirms a short-term top reversal pattern at 25,333 levels, said Nagaraj Shetti of HDFC Securities.
06.09 / 12:27
UPS
Provident
Xbox
performer
reports
Features
rights
Xbox Series X vs PlayStation 5: Which gaming console is the superior choice for marathon gaming?
Handheld gaming systems are the best way to carry your games with youDespite this difference in specifications, both consoles are capable of 4K gaming at 120 fps. But in summary, Xbox Series X edges out in terms of raw power and could be a better choice for long gaming sessions.Check out these gaming consoles on AmazonXbox Series X offers a very simple cooling system that includes a large centrally placed vapour chamber.
06.09 / 12:23
UPS
Extreme
WhatsApp
athletics
canoeing
kayaking
Paris Paralympics: Indian canoe sprinters qualify for semifinals
Prachi Yadav and Yash Kumar qualified for the semifinals of women's VL2 200m and men's KL1 200m after finishing fourth and sixth in their respective heats at the Paris Paralympics here on Friday. While Prachi and Pooja Ojha clocked 1:06.83 and 1:16.09 in women's va'a single 200m VL2 heat 1 and KL1 200m heat 2 respectively, Yash came up with a timing of 1:03.27 in men's KL 200m heat. The semi-finals will take place on Saturday. Winner of each heat qualify directly to the final, while the remainder goes to the semifinals. The three fastest athlete of each semifinal make it to the final.
06.09 / 11:49
UPS
security
performer
Features
International
Vivo T3 Ultra price leaked: Launch date, expected features and more
Tipster Abhishek Yadav has revealed potential pricing for the Vivo T3 Ultra. According to his leak, the smartphone could carry a starting price of ₹30,999 for the 8GB RAM + 128GB storage variant. Those looking for more storage may have the option of an 8GB RAM + 256GB storage model, which is rumored to be priced at ₹32,999.
06.09 / 11:42
UPS
wellness
film
Actor
show
Scandals
International
‘Call Me Bae’ review: A woefully thin riches-to-rags comedy
Salò, or the 120 Days of Sodom is a 1975 film by Pier Paolo Pasolini. It's one of the most disturbing and difficult viewing experiences in cinema, a long series of degradations visited upon a group of teens by sadistic fascists. It runs just under two hours.
06.09 / 11:24
UPS
Sustainability
WhatsApp
RAI
Prozeal Green Energy, Golyan Power sign JV pact for solar projects in Nepal
Prozeal Green Energy and Nepalese firm Golyan Power have inked a joint venture agreement for setting up solar power projects in the Himalayan nation. The agreement was signed on Tuesday at Golyan Group headquarters in Kathmandu, marking a significant milestone in both companies' commitment to advancing renewable energy solutions, a statement said. The agreement was signed by Shobit Rai, Director of Prozeal Green Energy, and Akshay Golyan, Director of Golyan Power. The partnership underscores a shared vision to contribute meaningfully to a cleaner and greener future for Nepal.
06.09 / 11:16
UPS
Waters
Extreme
security
Sustainability
country
VA Tech WABAG bags Rs 2,700 cr sea water desalination plant order from Saudi Water Authority
Water treatment player VA Tech WABAG has secured an order from Saudi Water Authority worth USD 317 million (Rs 2,700 crore) for setting up a Mega Sea Water Desalination plant in Saudi Arabia, the company said on Friday. The Engineering, Procurement, Construction and Commissioning (EPCC) contract including design and supply of the 300 million litres per day mega desalination plant which would be developed on a greenfield site in the west coast of Kingdom of Saudi Arabia. The Saudi Water Authority, formally known as the Saline Water Conversion Corporation, is responsible for regulating and monitoring water sector business and services to enhance water sustainability and achieve the objectives of Saudi Arabia's Vision 2030. The project is expected to be completed in 30 months and the plant would operate Dual Media Filters followed by a two-pass Reverse Osmosis process and re-mineralisation to produce clean potable water.
06.09 / 11:08
markets
UPS
Reuters
security
WhatsApp
reports
Rupee gains on broad dollar decline ahead of crucial U.S. jobs report
will help investors gauge the extent of a rate cut at the Federal Reserve's meeting this month. The rupee settled at 83.9475 to the U.S. dollar, up from 83.9825 in the previous session. For the week, the rupee fell 0.1%.
06.09 / 10:52
UPS
Provident
Target
economy
Research
reports
India power emissions must peak by 2026 to meet Paris pact
net zero by the middle of the century and align itself with the Paris Agreement, according to BloombergNEF, a target that’s unlikely to be met due to the government’s push for the continued use of coal. The world’s third-biggest emitter needs $12.4 trillion in investment to reach net zero ahead of its official target of 2070, BNEF said in its New Energy Outlook for India published Thursday. That includes funding to accelerate clean energy deployment, large-scale adoption of electric vehicles, and scaling up new technologies like carbon capture and green hydrogen to decarbonize the coal-dependent economy. The report comes as India expands renewables but remains heavily reliant on coal to meet the power needs of the world’s largest population, prompting calls for it to be more ambitious in weaning itself off the dirtiest fossil fuel to support the Paris Agreement goal of keeping global warming below 2C (3.6F).
06.09 / 10:50
COST
UPS
Target
reports
International
SBI Cards shares jump 6% as Goldman Sachs upgrades stock, raises target price
SBI Cards and Payment Services on Friday surged 6% to its day’s high of Rs 811.85 after the global brokerage firm Goldman Sachs upgraded the stock to a buy rating, raising its target price to Rs 913 from an earlier Rs 652. The upgrade from the global brokerage firm comes as it believes that the stock’s downcycle is nearing the bottom and the improving pre-provision operating profit (PPOP) outlook is likely to support the EPS visibility.
06.09 / 10:43
UPS
Provident
security
Strategy
country
reports
Invited steel industry to discuss unfair competition to take appropriate steps: Goyal
Piyush Goyal on Friday said he has invited the steel industry to discuss about the «unfair» competition that some of them are facing to take appropriate steps with a view to promote the sector's growth. Certain steel industry players have raised concerns over rising imports from China at lower rates. «I have invited the steel industry...to understand the unfair competition that some of them are facing and take appropriate measures so that the steel industry remains vibrant, continues to grow and adds jobs to the Indian economy,» Goyal told reporters here. On September 5, he mooted the idea of introducing a border adjustment tax to protect the domestic players by providing a level-playing field against increasing imports.
06.09 / 10:13
markets
UPS
Strategy
Enterprise
Celebrity
voice
innovations
Marketers and brands have good reason to celebrate the rise of AI
₹1.5-2.5 trillion in incremental profit for the top 500 Indian companies over a five-year period. When businesses use AI-powered products, it delivers an even higher return on ad spend. It has been incredible to see large Indian brands such as Nykaa and Dream11 already use these tools as part of their advertising strategies.
06.09 / 10:08
markets
COST
UPS
economy
trends
Trade
reports
Is a recession coming? What next for the pound? Your questions answered
Markets Today asked our Instagram followers what they wanted to know. The questions ranged from how to gauge the outlook for the economy and currencies, to trends in stock trading and how to approach a company earnings report. Here — in a lightly edited transcript — are our answers. What are the risks of a recession? As luck would have it, Bloomberg tracks the aggregate view of economists on this very question, so we can see what the current view is, and how that has changed over time.
06.09 / 09:29
markets
UPS
Analysis
economy
Research
reports
Equity capital gains in personal income to reach up to 15% in FY24: Jefferies
capital gains in the total personal income of individual investors is expected to jump to 12-15% in FY24, according to Jefferies estimates. The brokerage has premised its findings on a four-to-five-fold increase in the number of individuals reporting short- and long-term capital gains in the period between FY19 and FY23. Jefferies’ head of India research Mahesh Nandurkar, in the latest Greed & Fear report, puts forth his analysis on the personal income tax data, highlighting the jump in capital gains from 4% in FY19 to 11% in FY22 while pegging the the capital gains share at 12-15% in FY24E.
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