UPS Financial News

Mintthat if these proposals are approved, it would mean the death of financial planning in India. In a recent consultation paper, the market regulator proposed that investment advisers shall not provide services/products such as tax planning, estate planning, loan management, real estate, gold, and bitcoin under the IA licence. The reason: such products are not regulated, at least not by Sebi, and thus might not be scrutinised enough.

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...

₹12-17/kg, the higher physical production enables the highest total income for a season. Pulses offer the highest net gain with tur offering up to ₹40/kg and urad ₹30/kg. Moong is lower at ₹22/kg, which is still higher than that earned on wheat and rice.

Info Edge (India) Ltd. slipped 0.06 per cent to Rs 7385.6 in Tuesday's trade as of 01:24PM (IST). The stock hit a high price of Rs 7426.0 and low of Rs 7364.0 during the session. The return on equity (ROE) for the stock stood at 1.91 per cent. Traded volume on the counter stood at 01:24PM shares and turnover at Rs 0.89 crore around that time. The stock of Info Edge (India) Ltd. quoted a 52-week high price of Rs 7455.05 and 52-week low prices of Rs 3973.15, respectively.

softer yen and technology share gains, as an encouraging U.S. economic outlook continued to support risk appetite globally. The Nikkei rose more than 2% during the session before finishing up 1.8% at 38,062.92, its highest closing level since Aug. 1.

Ambuja Cements Ltd. traded 0.77 per cent lower in Tuesday's session at 12:48PM (IST). The stock opened at Rs 634.4 and has touched an intraday high and low of Rs 638.55 and Rs 625.5, respectively, during the session so far. The stock quoted a 52-week high of Rs 706.85 and a 52-week low of 404.0. About 28,008 shares changed hands on the counter so far.

Mint. "It is part of our strategy, and perhaps we may do it earlier than planned. A clear indication from the regulator is that if you can do a particular business in the bank, you should not be doing the business in a subsidiary.

Tata Power Company Ltd. traded at Rs 420.4 on BSE at 12:43PM (IST) on Tuesday, up 0.38 per cent from previous close. The scrip quoted a 52-week low price of Rs 230.05 and a high of Rs 470.85.

Shree Cements Ltd. traded at Rs 24751.65 on BSE at 12:33PM (IST) on Tuesday, down 0.38 per cent from previous close. The scrip quoted a 52-week low price of Rs 23525.0 and a high of Rs 30710.15.

Tata Elxsi Ltd. gained 0.42 per cent to Rs 6951.15 in Tuesday's trade as of 12:38PM (IST). The stock hit a high price of Rs 6980.95 and low of Rs 6898.9 during the session.

shares of Saraswati Saree Depot hit a 5% upper circuit at Rs 209.95 on BSE following their strong debut on the exchanges on Tuesday. The stock debuted at Rs 200 on BSE, reflecting a premium of Rs 40 or 25% over the IPO price of Rs 160. On the NSE, it was listed at Rs 194, reflecting a 21.25% premium. The listing was slightly below expectations, with shares previously trading at a grey market premium (GMP) of 29% to the issue price.

₹230 crore in FY23, Purplle in a statement in July announced that it is operationally profitable. The company also said that it is currently spending on growing its online platform faster than the industry, while scaling offline stores and improving profitability. Earlier, in June, eyewear brand Lenskart, which has seen a series of fundings over the past year, also closed its latest round of $200 million from Temasek and Fidelity through a secondary share sale.

₹1,500 each into the bank accounts of many beneficiaries of the Mukhya Mantri Majhi Ladki Bahin Yojana. The scheme pays out that amount each month to women in the age group of 21 to 60 with an annual household income of less than ₹2.5 lakh. News reports suggest that 1.6 crore women have applied for the benefit.

smartphone manufacturing hub like China, yet. It is still importing a large chunk of the components that go into a smartphone. Smartphone exports from India picked up speed in the latter part of 2020, and crossed $1 billion a month in late 2022.

International Monetary Fund (IMF) deputy managing director Gita Gopinath recently observed that increasing workplace safety is an important factor in raising women’s participation in the labour force and the workforce (the former makes up for a broader cohort, of those looking for work, in addition to those who are at work and comprise the workforce). This has particular resonance in India right now, given the shock and outrage across the country over the gruesome rape and murder of a medical intern at a Kolkata hospital earlier this month. IMF research shows that closing the gender gap in labour force participation rates (LFPR) can raise gross domestic product (GDP) in developing countries significantly.

Tata Motors offers flexible shift timings for women and door-to-door transport equipped with female security personnel and audio-enabled CCTV. For women who work on the shop floor across shifts, there are mid-level managers in some locations who voluntarily rotate supervision until the last woman employee reaches home and reports back to the local leadership team, said Tata Motors CHRO Sitaram Kandi. E-commerce giant Amazon also has similar measures in place.

Benchmark indices ended on a flat note in a lacklustre trade on Monday, as investors preferred to remain on the sidelines awaiting further triggers. In today's trade, shares of IndusInd Bank, Zomato, Saraswati Saree Depot, HCL Tech, Poly Medicure among others will be in focus due to various news developments. IndusInd Bank

Infosys has launched a ‘power programme’ for colleges with differential hiring, offering packages of up to Rs 9 lakh per annum, two people aware of the development told ET. This is substantially higher than the entry-level fresher pay packages of Rs 3-3.5 lakh offered by the Bengaluru-based company. “The focus of these categories of hiring is on coding and software challenges, programming skill testing and other specialised skill tests for both tests and interviews,” one of the sources said. “For Infosys, these pay packages offered are between Rs 4-6.5 lakh and Rs 9 lakh.”

Mike Lynch, the British tech magnate, and five other people were missing after their luxury superyacht sank during a freak storm off Sicily early Monday, Italy’s civil protection and authorities said. Lynch’s wife and 14 other people survived. Lynch was among six people who remain unaccounted for after their chartered sailboat sank off Porticello, near Palermo, sometime after 4 a.m. A tornado over the water known as a waterspout had struck the area overnight, said Salvo Cocina of Sicily’s civil protection agency. One body was recovered, and police divers spent the day trying to reach the hull of the ship, which was resting at a depth of 50 meters (163 feet) off Porticello where it had been anchored, rescue authorities said. They returned to the site after 10 p.m. to see if it would be possible to search through the night, when weather conditions were expected to worsen, said Luca Cari, spokesman of the fire rescue service.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Rian Johnson's acclaimed Knives Out series, titled Wake Up Dead Man: A Knives Out Mystery, has officially wrapped filming. Johnson, who has garnered widespread acclaim for his work on Knives Out and its sequel, Glass Onion: A Knives Out Mystery, shared the exciting news on social media. Along with the announcement, he revealed a new image from the set, captioning it: «Aaaaaand that’s a wrap on Wake Up Dead Man. Thank you to the best crew in the world and the most brilliant cast. This shoot was a VERY special experience, I cannot wait to put this thing together and show you all what we’ve got”, as quoted in a report by Movieweb.