UPS Financial News
05.08 / 09:25
UPS
Provident
Apple
Analysis
Freedom
blues
Features
Amazon Great Freedom Festival Sale 2024: Early deals on electronics, home appliances and more
ASUS VivoBook 15 The ASUS VivoBook 15 is a sleek, thin, and light laptop featuring a 15.6-inch FHD display will be available for under ₹60,000 during Amazon Sale. It's powered by a 12th Gen Intel Core i7-12700H processor with 16 GB RAM and 512 GB SSD. It comes with integrated Intel Iris Xe Graphics and a backlit Chiclet keyboard.
05.08 / 08:52
UPS
economy
Healthcare
trends
US economy adds 114,000 jobs in July but unemployment figures creep up
This figure was significantly below the average monthly gain of 215,000 over the previous 12 months. According to data released by the US Bureau of Labor Statistics today (2 August), total nonfarm payrolls came in lower than anticipated, after economists surveyed by Factset estimated an 175,000 increase in July and the unemployment rate expected to hold at 4.1%. Federal Reserve holds firm on bank rate as hopes of a September cut rise Healthcare employment continued to trend upwards, adding the most jobs of any sector in July at 55,000, just shy of the sector's average monthly gain...
05.08 / 07:49
markets
UPS
Food
Trade
show
reports
Varun Beverages shares down 3.47% as Nifty drops
Varun Beverages Ltd. traded 3.47 per cent down in Monday's trade at 12:22PM (IST). Around 243,364 shares changed hands on the counter. The counter opened at Rs 1521.0 and touched an intraday high and low of Rs 1549.5 and Rs 1500.0, respectively, in the session so far. The stock of Varun Beverages Ltd. quoted a 52-week high of Rs 1707.1 and a 52-week low of Rs 802.0.
05.08 / 07:19
markets
COST
UPS
wellness
stage
rights
Sandip Sabharwal on 3 sectors to get into once market correction's over
Sandip Sabharwal, asksandipsabharwal.com, says FMCG, auto, and consumer durable companies are very well-placed because they are at the cusp of demand recovery. The input cost pressures are lower. They do not have pressure to reduce prices at this stage and as we go into the festival season, demand will be strong. So, they are well-placed and those should be the sectors that should be looked at, at the time of corrections. In the consolidation or pause that we have seen in the few odd days in the last fall, pharma has been a lot more resilient, and rightly so. Some of the earnings have managed to impress. Will the pharma recovery also get undone or do you think that is a good hiding space? Sandip Sabharwal: In terms of a defensive sector, pharma is well-placed today. It is an under-owned sector. Companies’ result delivery has been strong relatively, like there have been few companies which have not delivered, but on the whole delivery has been pretty strong.
05.08 / 07:18
UPS
Man
Immunic
Justice
Courts
SC to hear pleas on marital rape next week
Supreme Court will next week hear pleas on the intensely discussed legal question of whether a husband should enjoy immunity from prosecution for the offence of rape if he forces his wife, who is not a minor, to have sex. A bench comprising Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra on Monday took note of the submissions of senior advocate Karuna Nandy, appearing for one of the parties, that the petitions on the issue of marital rape be heard. The CJI said the pleas will be heard next week. The bench, he added, would be busy this week in dealing with a batch of matters on taxation laws. On July 16, senior advocate Indira Jaising, appearing for one of the parties, had mentioned the petitions and said they be accorded «some priority».
05.08 / 07:15
UPS
Waters
Manufacturing
Food
show
reports
Videos
Drones airdrop biryani for dogs stranded in Tamil Nadu. Watch Video
A video from Tamil Nadu's landslide-affected regions has gone viral, showing drones airdropping food for stranded dogs. According to the report, the dogs were trapped near the Mettur dam. The pack of seven dogs had been stuck in the area for three days without food, the report added.
05.08 / 06:41
COST
UPS
Compilation
show
International
India's services growth slows a touch but still solid, PMI shows
job creation, despite elevated cost pressures pushing up selling-price inflation to a seven-year high, a survey showed. The HSBC final India Services Purchasing Managers' Index, compiled by S&P Global, fell marginally to 60.3 in July from 60.5 in June and was considerably below a preliminary estimate of 61.1. However, the overall pace of expansion was sharp and the index remained above the 50-mark that separates contraction from expansion for the 36th straight month.
05.08 / 06:33
Blockchain
UPS
Platform
security
Research
stage
7 Reasons Why StarChain’s STRC Token Is the Crypto to Watch in 2024: Presale Underway
StarChain is building a solution which
05.08 / 06:26
UPS
BLOCK
Highways
Department
Traffic
Updates
Himachal Pradesh: Search, rescue ops underway in Samej village after cloudburst in Shimla
rescue operations are currently underway in flood-affected Samej village near Rampur in Shimla district following catastrophic cloudbursts in different areas of Himachal Pradesh. A catastrophic cloudburst recently struck Himachal Pradesh, causing widespread devastation and destroying different areas of the hill station, including Samej village. On Monday the Lahual Spiti Police said that due to a flash flood near Zinzing Bar on National Highway 3, the road has been blocked. Restoration is ongoing but all traffic is halted at Sarcha and Sarch till the post is cleared.
05.08 / 06:25
UPS
security
Qualcomm
Sony
Features
Videos
Updates
Best phones under ₹20,000 in August 2024: CMF Phone 1, OnePlus Nord CE 4 Lite and more
₹20,000 price bracket, it can be hard to find the device that meets your requirements. In order to help solve that issue, we have created a list of top 5 smartphones in this price range with various options that cater to almost everyone.
05.08 / 06:23
markets
UPS
Apple
wellness
War
show
rights
Warren Buffett’s cash pile soars. What it could mean for you.
₹25 trillion. And Buffett isn't just sitting on it; he's earning significant interest income from US government bonds. As the Oracle of Omaha sits on this colossal pile of cash, the financial world is abuzz with speculation.
05.08 / 06:22
UPS
WhatsApp
Trade
show
reports
Share price of Pidilite Ind falls as Sensex drops 1493.69 points
Pidilite Industries Ltd. dropped 0.4 per cent to Rs 3121.0 at 10:30AM (IST) in Monday's trade. The counter hit a high of Rs 3136.0 and low of Rs 3071.35 so far during the session. The stock had closed at Rs 3133.7 in the previous session. The counter had a total traded volume of 10:30AM shares so far with a turnover of Rs 1.03 crore on BSE. The stock traded at a price-to-earnings multiple of 90.33 and a price-to-book ratio of 18.24.
05.08 / 06:19
05.08 / 06:04
05.08 / 06:01
markets
UPS
security
trends
Trade
reports
Share price of United Spirits rises as Nifty weakens
United Spirits Ltd. gained 0.52 per cent to Rs 1429.5 in Monday's trade as of 10:20AM (IST). The stock hit a high price of Rs 1435.3 and low of Rs 1364.05 during the session. The return on equity (ROE) for the stock stood at 19.77 per cent. Traded volume on the counter stood at 10:20AM shares and turnover at Rs 3.4 crore around that time. The stock of United Spirits Ltd. quoted a 52-week high price of Rs 1450.0 and 52-week low prices of Rs 976.0, respectively.
05.08 / 05:23
UPS
Cooper
security
BAY
President
Colleges
French Air and Space Force to take part in Tarang Shakti exercise in Tamil Nadu
French Air and Space Force will participate in India's first multilateral air exercise, Tarang Shakti-2024, which is set to begin at Air Force Station Sulur in Tamil Nadu on August 6. The French contingent will comprise three Rafale fighter jets, one Multirole Tanker Transport (MRTT) aircraft, and one A400M, with a total of 160 Air Force personnel, according to French Embassy in India press release. In the press release, the French Embassy in India stated, «Three other nations are participating in the first phase of this exercise, including EU Member States Germany and Spain, which have been partners of the Pacific Skies deployment from Alaska to India.»
05.08 / 05:14
markets
UPS
wellness
show
performer
rights
Will money start coming back to emerging markets amid US economic woes?Hugh Johnson answers
«I think it is really telling you, number one, there is a risk of a recession. I think it is premature to say that, but nevertheless there is a risk of a recession and in response to that risk, the Federal Reserve will reduce interest rates three times in 2024 and let us not forget there is the expectation that after reducing interest rates three times in 2024, the expectation is they will reduce interest rates four times in 2025 or one time each quarter,» says Hugh Johnson, Hugh Johnson Economics. What has changed so suddenly that the markets are now worried about growth, crisis, yen carry trade, just about everything has come together? Hugh Johnson: Well, I think, there always has to be some news of some sort that sort of touches off the correction and I think quite frankly the market had been a good market for a long time and it reached levels were a little bit pricier or overvalued, which made them very vulnerable to some bad news.
05.08 / 04:28
05.08 / 04:05
UPS
security
WhatsApp
Army opens fire on suspected infiltrators along LoC in J-K, search operations underway
Army troops opened fire after noticing the movement of two groups of infiltrators along the Line of Control (LoC) in Akhnoor and Sunderbani sectors of Jammu and Kashmir in the early hours of Monday, officials said. Though there was no exchange of fire, a massive search operation is underway in both areas to ensure that there is no infiltration from across the border, they said. Alert Army troops fired after picking up suspicious movement of three to four infiltrators in a forward area in the Battal sector of Akhnoor on the outskirts of Jammu around 1.30 am, the officials said. The area was illuminated with flares and put under surveillance through drones with reinforcements mobilised to lay a tight cordon. A search operation was launched at first light, they said.
05.08 / 04:01
COST
UPS
Target
Platform
Food
performer
Equality
Zomato: fast delivery, faster investor reward
Zomato Ltd is known for its quick delivery, but investors in its shares seem equally fast or even faster in rewarding the online food delivery company’s financial performance. At least, that’s the impression one gets going by the 12% surge in the stock on Friday reacting to the positive surprises in the June quarter results (Q1FY25). This time around, the strong customer addition of the food delivery segment, which is already profitable at the adjusted Ebitda (excluding Esop) level, is commendable.
05.08 / 03:46
UPS
Cooper
Action
Freedom
social
reports
rights
100 arrested as far-right anti-immigrant violent clashes spread across UK
Police forces across the UK have made at least 100 arrests as violent clashes and unrest involving anti-immigration far-right groups continued to spread over the weekend, with Prime Minister Keir Starmer offering his full support to officers to take firm action against the «extremists». Bricks being hurled, fireworks thrown, windows of a hotel housing asylum seekers smashed, shops attacked and set on fire and several scuffles breaking out between mobs and the police were among the scenes of confrontation that played out in Liverpool, Hull, Bristol, Leeds, Blackpool, Stoke-on-Trent, Belfast, Nottingham and Manchester on Saturday. UK Home Secretary Yvette Cooper warned the mobs they will «pay the price» for such «criminal disorder and violent thuggery». «Addressing the scenes of disorder we have seen, the Prime Minister set out that the police have our full support to take action against extremists on our streets who are attacking police officers, disrupting local businesses and attempting to sow hate by intimidating communities,» Downing Street said after a high-level meeting of ministers convened by Starmer on Saturday.
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