UPS Financial News

21.08 / 05:16

markets UPS wellness Trade War Videos The ghost that haunts the global oil markets

Mint columns that I debunk the super cycle theory in oil and gas. Part of the reason is I have seen the sale of “ghost ships" grow exponentially in the past 10 years. Most of the spike came after the Covid lockdowns in 2020.

21.08 / 05:03

COST UPS Cooper 2020 Profiles India’s deposit insurer is overcharging commercial banks

₹21,381 crore, with investment income at ₹11,908 crore, and revenue surplus after tax at ₹24,559 crore. As an insurance company, it has an actuarial valuation for liability as of 31 March 2023 at ₹12,174 crore, but surplus collection to date beyond actuarial liability totalled ₹1,57,427 crore. The total funds available with the Deposit Insurance Fund are ₹1,69,602 crore, or 2.02% of the total insured amount.

21.08 / 04:58

markets UPS Target WhatsApp Bill reports Buy HDFC Bank, target price Rs 1950: JM Financial

HDFC Bank with a target price of Rs 1950. The current market price of HDFC Bank Ltd. is Rs 1631.75. HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 1245982.19 Crore).

21.08 / 04:44

markets UPS Target Trade Experts recommendations F&O stocks to buy today: Voltas, Affle India among top 6 trading ideas for August 21, 2024

The Nifty future closed positive with gains of 0.45% at 24,707 levels on Tuesday. The India VIX was down by 3.46% from 14.32 to 13.82 levels.

21.08 / 04:35

markets UPS Target WhatsApp Bill reports Buy Bank of Baroda, target price Rs 280: JM Financial

Bank of Baroda with a target price of Rs 280. The current market price of Bank of Baroda is Rs 254.3. Bank of Baroda, incorporated in the year 1911, is a banking company (having a market cap of Rs 131533.60 Crore).

21.08 / 04:29

markets UPS Target WhatsApp Bill reports Buy Bandhan Bank, target price Rs 260: JM Financial

Bandhan Bank with a target price of Rs 260. The current market price of Bandhan Bank Ltd. is Rs 197. Bandhan Bank Ltd., incorporated in the year 2014, is a banking company (having a market cap of Rs 31721.61 Crore).

21.08 / 04:27

markets UPS Target WhatsApp Bill reports Buy Axis Bank, target price Rs 1375: JM Financial

Axis Bank with a target price of Rs 1375. The current market price of Axis Bank Ltd. is Rs 1166.1. Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 360940.79 Crore).

21.08 / 04:23

markets UPS Provident CEO wellness Diversity Saurabh Mukherjea picks 3 new small and midcap stocks, exits Tata Elxsi

Saurabh Mukherjea, who runs Marcellus PMS firm, has added smallcap stock CMS Info Systems and two new midcaps — Coforge and Escorts Kubota — while exiting Tata Elxsi from his Rising Giants fund. The midcap-focused fund has underperformed BSE500 TRI across one-month, 6-months and one-year time periods. «We continue to make suitable changes in the portfolio to create more diversity and bring the healthy earnings growth trajectory back in the portfolios,» Mukherjea told clients in a note.

21.08 / 04:18

UPS Digital Google CEO performer information OpenAI signs content deal with Condé Nast

OpenAI on Tuesday announced a multi-year partnership with Conde Nast to display content from its brands such as the Vogue and the New Yorker within the AI startup's products, including ChatGPT and SearchGPT prototype. Financial terms of the deal were not disclosed. OpenAI has signed similar deals with the Time magazine, Financial Times, Business Insider-owner Axel Springer, France's Le Monde and Spain's Prisa Media over the past few months.

21.08 / 04:03

UPS Election WhatsApp Nov President US Elections: America waiting for better story, 'ready' for Kamala Harris presidency, says Barack Obama at DNC

US 'ready' for Harris presidency, said Obama to the crowd. «America is waiting for a new chapter, America is waiting for a better story. We are ready for president Kamala Harris, and Kamala Harris is ready for the job,» said the former US President at DNC. America's first Black president, Obama has thrown his considerable political capital behind Harris as she seeks to make history herself on Nov. 5 as the first woman and first Black and South Asian person to be elected U.S. president.

21.08 / 03:48

markets UPS Gap Strategy Trade recommendations F&O Radar | Deploy Bull Call Spread in Nifty for potential gains from bullish stance

Nifty index has been making higher highs and higher lows from the last three trading sessions and recently it bottomed out with support of 50 DEMA. Index filled a major gap down zones and scaled higher after a consolidation breakout above 24400 zones. “Now it (Nifty) has to continue to hold above 24650 zones for an up move towards 24850 then 25000 levels while support is seen at 24600 then 24500 zones,” said Chandan Taparia, Senior VP, Equity Derivatives and Technicals, Broking & Distribution at Motilal Oswal.

21.08 / 03:39

UPS Target Food Research show country Radical changes to India inflation regime are risky, study shows

core inflation, which excludes volatile food and fuel prices, as doing so would be counterproductive, according to a study. The paper by think-tank National Council of Applied Economic Research addresses the ongoing debate among policymakers over whether food prices should be stripped from inflation targeting. Economists argue that this approach is not feasible in a country like India, where food makes up nearly half of the consumer price index basket. “Neglecting food price inflation that diverges from target for an extended period can have negative consequences,” economists including NCAER’s Poonam Gupta wrote in the study.

21.08 / 01:52

markets UPS Citi security Strategy show Should PMS investors switch to focused funds after new tax changes?

Portfolio management services (PMS) are navigating new challenges after the Union Budget for 2024-25 increased tax on long-term capital gains (LTCG) and short-term capital gains (STCG).

21.08 / 01:46

UPS Reuters Racing Election Nov President US election: Kamala Harris' election effort raises around $500 million in a month

Kamala Harris' election effort has raised around $500 million since she became the Democratic presidential candidate, sources told Reuters, an unprecedented money haul that reflects donor enthusiasm going into the Nov. 5 election. Four sources familiar with the fundraising effort told Reuters that figure had been banked for Harris in the four weeks since she jumped into the race on July 21. Campaign cash is critical for advertising and get-out-the-vote efforts that help bring people to the polls and persuade undecided voters to swing a candidate's way.

21.08 / 01:46

markets UPS Boxing wellness film Experts Financial indiscipline of film producers under the scanner as market crumbles

Bade Miyan Chote Miyan (backed by Bhagnani), Maidaan, Yodha, Sarfira, Auron Mein Kahan Dum Tha, and most recently, Khel Khel Mein, have tanked at the box office. That said, with the impressive numbers for films like Stree 2, and Kalki 2898 AD earlier, industry experts say well-made films that have upped the game on scale and spectacle along with compelling stories, are finding their audience.

21.08 / 01:42

UPS Citi Mobile economy Research country reports Cheap Asian motorcycles are transforming African cities

okada, and boda boda. They are transforming mobility in Africa. Behind the rise is a story of supply and demand.

21.08 / 01:40

markets UPS FIVE economy PwC International Why Singapore's Mars, UAE's Lunate, Korea's KIC are keen to open shop in India

AUM of $150 billion) and Singapore-based Mars Growth Capital Partners (AUM $1.5 billion), according to two people familiar with the plans. Others that have set up local operations since this January include South Korea’s sovereign fund KIC, Japan’s Advantage Partners, and Singapore-based Growtheum Capital Partners.

21.08 / 01:32

markets UPS Digital Apple Enterprise Cycling reports After a two-year lull, businesses are warming up to laptops and PCs

Macs between April and June on enterprise deals, Mint reported on 3 August. Overall PC sales in India rose 7% year-on-year to 3.39 million units during the period.

20.08 / 23:08

UPS Provident students show information volunteers Schools Bus vendor cancellations create chaos as school opens in St. Louis

Many St. Louis families faced a chaotic first day of school after three bus vendors pulled out at the last minute and left hundreds of parents scrambling to get their kids to classes

20.08 / 22:03

UPS Fox President show social reports Did Kamala Harris's tan suit at the DNC echo Barack Obama's 2014 controversy?

Kamala Harris attracted attention for her outfit choice rather than her beliefs. Reminiscent of former President Barack Obama's famous fashion moment, the Vice President showed up in a tan suit with a white top. Obama, who typically wore navy or black suits, caused a stir in 2014 when he showed up for a press conference on ISIS wearing a similar tan suit—a decision that some felt was unsuitable for such a serious event, as per the reports of The U.S Sun.

20.08 / 22:01

UPS Action Racing wellness President reports At DNC, UAW head threatens strike against Stellantis over delayed plant reopening

A high-profile spat between the United Auto Workers and Stellantis over reopening an Illinois factory complex has made its way into the race for U.S. president and could bring a strike against the automaker

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