UPS Financial News
13.07 / 13:49
UPS
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Congress hits back at PM Modi, says people told his govt in polls 'tumse na ho payega'
Lok Sabha, saying that he mentioned "tumse na ho payega" in his speech when 140 crore Indians had told his government the same thing in the just-concluded general election. Prime Minister Modi mounted a stinging counterattack on Leader of Opposition Rahul Gandhi as he mocked him as «balak buddhi» (childish mind), accusing him of linking Hindus with violence and making false claims in Lok Sabha. Modi also sought stringent action against Gandhi to protect parliamentary democracy. Replying to nearly 18-hour long discussion on the Motion of Thanks on the President's Address in the Lower House, Modi said the Congress and its «ecosystem» are working day and night to impress upon people that the BJP-led NDA has been defeated in the elections despite voters handing his government a historic third-term for stability and continuity. Congress president Mallikarjun Kharge slammed Modi for calling the party «parasite» and claimed that the prime minister had used the term for farmers as well in 2021.
13.07 / 13:47
markets
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PI Industries shares drop 0.76% as Sensex falls
PI Industries Ltd. traded at Rs 3787.75 on BSE at 11:42AM (IST) on Tuesday, down 0.76 per cent. The stock quoted a 52-week low price of Rs 3060.0 and a high of Rs 4032.0. Earlier in the day, the stock saw a gap up opening.
13.07 / 13:45
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Videos
Dehradun's Bhadraj Temple goes viral: Video shows staff throwing footwear off hillside. Watch
viral video circulating on social media shows temple staff tossing shoes and slippers off a hillside to drive home the importance of respecting temple rules. Nestled atop a hill, the Bhadraj Temple is a picturesque marble shrine dedicated to Lord Bal Bhadra, also known as Balram. Located approximately 12 km from Mussoorie in Uttarakhand, the temple is accessible via a short trek. While it attracts devotees for prayer, the temple is also a popular spot for tourists seeking stunning views of the Doon Valley. The viral video, shared by Instagram user Sooraj Dogra, depicts a temple worker methodically picking up footwear and throwing it over a guardrail into the valley below. This dramatic action aims to enforce the temple's strict no-footwear policy.
13.07 / 13:45
13.07 / 13:43
markets
UPS
Provident
security
information
prevention
Explainer: How Sebi is cracking down on unregistered investment advisors
Mint takes a closer look at what steps the regulator has taken to check the activities of unregistered advisors and what more Sebi can do about it. Unregistered investment advisors are those who haven’t signed up with Sebi to offer investment advice. The practice of advising retail investors without being registered with the regulator violates Sebi’s (Investment Advisors) Regulations.
13.07 / 13:41
markets
UPS
Target
SUN
exclusive
Updates
Time to buy pharma? 3 stocks Forum Parekh is betting on
Foram Parekh, Associate V-P,Sharekhan By BNP Paribas, says from the domestic pharma side, he likes Torrent and from the US side, Lupin and Sun Pharma. Zydus Life is also there. They like Sun because despite all the plant problems that this company is facing, its US specialty drug is doing good and it will continue to do good. Even it has new product launches coming up next month in the specialty side. Zydus got the US FDA approval for an Edarbi drug. The stock is sitting at a one-month high level. The updates that we have got concerning the Q1 domestic as well as the import data suggest that this quarter is going to be strong. What are your expectations concerning Zydus Life and the stock movement going forward? Foram Parekh: We like Zydus Life and we also believe that this quarter is going to be healthy for Zydus because its US business is doing good. Also, it has launched Mirabegron in the US market which is a very big product and almost has a market size of $1 billion. Zydus has launched it in two strengths – 25 and 50 mg and it is the sole player to launch in 50 mg.
13.07 / 13:38
markets
UPS
SUN
Southern
AGRO
Updates
Stock market update: Fertilisers stocks down as market rises
Madras Fertilizers Ltd.(up 8.43%), National Fertilizers Ltd.(up 4.07%), Mangalore Chemicals & Fertilizers Ltd.(up 2.20%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 1.37%), Rama Phosphates Ltd.(up 1.06%), Rashtriya Chemicals & Fertilizers Ltd.(up 1.05%), Madhya Bharat Agro Products Ltd.(up 0.66%), Zuari Agro Chemicals Ltd.(up 0.46%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.29%) and Aries Agro Ltd.(up 0.07%) stood among the top gainers.
13.07 / 13:23
UPS
security
wellness
Colleges
Investigations
UBS faces $850k fine over years-long wire transfer supervision failure
Finra has imposed an $850,000 fine on UBS after an investigation revealed the firm failed to establish and maintain an adequate supervisory system, leading to millions in losses for at least 30 customers.
13.07 / 13:18
UPS
security
Remark
Rhythm
wellness
Asian Billiards Championship: Dhruv Sitwala defeats Pankaj Advani to clinch title
Riyadh: Ace Indian cueist Pankaj Advani fell short in his quest to secure a hat-trick of titles, losing 2-5 to compatriot Dhruv Sitwala in the final of the 2024 Asian Billiards Championship here on Saturday. Dhruv set the tone for the match with an impressive start, scoring 103 points, while Advani struggled to get on the board, finishing with no points. Advani managed to improve his game, scoring 36 points, but Dhruv maintained his dominance with another 100. Advani found his rhythm in the third frame and outplayed Dhruv, achieving a remarkable 101. Dhruv, however, had an off-frame, scoring only two points. Advani continued his momentum and scored a perfect 100, while Dhruv managed only 11 points. Dhruv's consistency shone through as he scored 100 again.
13.07 / 13:16
UPS
Manufacturing
economy
Enterprise
Trade
cover
information
Shrinking informal economy rings alarm bells for jobs in India
₹11.5 trillion, or 4.3% of the 2022-23 GDP, over the seven-year period. India’s informal sector consists of a vast network of small businesses, street vendors, and independent workers, operating outside the formal legal framework, and their sheer size—three-fourths of the workforce—means they play a critical role in job creation. The latest survey covered 458,938 informal sector enterprises between October 2022 and September 2023.
13.07 / 13:16
UPS
Celebrity
social
dance
stars
cricket
bowling
Goosebumps Guaranteed! T20 World Cup Champions sing Vande Mataram with crowd at Mumbai's Wankhede Stadium | Watch
same is shared by The Board of Control for Cricket in India (BCCI) on its official social media handle X.Fans turned up in huge numbers, danced to celebrate India's success and welcomed the arrival of the T20 World Cup-winning team during the victory parade. Not just this, Wankhede stadium was too filled with fans to meet the World Champions.Yesterday, after a 16-hour long flight, Team India first started their day with breakfast at ITC Maurya, then headed to meet Prime Minister Narendra Modi. PM Modi interacted with the them at his residence.
13.07 / 13:15
UPS
MET
Election
President
exclusive
reports
Is Joe Biden too old to serve? What Keir Starmer, Justin Trudeau, Emmanuel Macaron say…..
Keir Starmer, Britain's newly elected prime minister, addressed the issue indirectly while discussing age limits for lawmakers. He held the view that it is up to the Americans to decide their president. Starmer further mentioned that the incumbent 81-year old was in good form when met him.“Obviously in America, it’s for the American people to decide who they want to be their president," Starmer told Jake Tapper in an exclusive interview with CNN.
13.07 / 13:14
markets
UPS
Gap
WhatsApp
trends
Trade
Tata Elxsi stock price down 0.04 per cent as Sensex climbs
Tata Elxsi Ltd. fell 0.04 per cent to Rs 7091.95 at 12:53PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 2,197 shares with a turnover of Rs 1.55 crore till 12:53PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 55.72, while the price-to-book value ratio stood at 19.34.
13.07 / 13:14
markets
UPS
CEO
country
2020
International
Mohit Yadav of Minimalist: The science-forward skincare solutions provider
Hum Saath Saath Hain. “Growing up, I never had any ambition to pursue entrepreneurship. One didn’t even know what such a life entailed.
13.07 / 13:07
UPS
Extreme
Death
pandemic
reports
shock
Morning Coffee: Overwrought 27 year-old bankers on $456k are trying to save exhausted juniors on $150k. A new approach to long haul flights
We observed in March that working hours in banking were back to the 100-hour weeks+ that led Goldman's technology banking team to bitterly complain during the pandemic. Since then, things have possibly got worse.
13.07 / 13:06
UPS
Election
DAL
Colleges
Punjab bypoll: Counting of votes for Jalandhar West assembly seat underway
Jalandhar West assembly bypoll in Punjab was underway on Saturday. Polling in the seat took place on Wednesday and a voter turnout of 54.98 per cent was recorded, a sharp drop from the 67 per cent the assembly segment saw in the 2022 state elections. Votes are being counted at a centre set up at the Lyallpur Khalsa College for Women here and the process began at 8 am, officials said. The Jalandhar West (Reserve) assembly constituency saw a multi-cornered contest among major political outfits like the ruling AAP in Punjab, the Congress and the BJP.
13.07 / 13:04
COST
UPS
Provident
Digital
CRA
Sustainability
You may qualify for this valuable tax credit without even knowing it
The disability tax credit is a non-refundable credit that a taxpayer — or their family — can claim annually on their return. It reduces the tax payable to offset the increased costs resulting from physical or mental impairment. The disability tax credit is also a gateway to other financial incentives, and many people who qualify do not realize it.
13.07 / 13:01
UPS
Yellow
blues
rock
Sporting
Ananya, Khushi, and Shanaya's matching lehenga at Anant Ambani's baraat goes viral. Fan dubs them 'Ludo ki goti'
Anant Ambani and Radhika Merchant's wedding last night was a star-studded affair, with Gen Z sensations Ananya Panday, Suhana Khan, Khushi Kapoor, and Shanaya Kapoor lighting up the event. The trio, part of the groom's brigade, initially turned heads for all the wrong reasons with their coordinated but uninspired outfits. Dubbed 'Ludo ki goti' by unimpressed netizens, they quickly redeemed their fashion faux pas with stunning outfit changes that left everyone in awe. Ananya Panday, Khushi Kapoor, and Shanaya Kapoor made a coordinated entrance at Anant Ambani's baraat. Each donned sequin-embroidered ensembles in different shades. Ananya sported a vibrant yellow bralette and A-line skirt, Khushi opted for a striking green corseted blouse paired with a flared lehenga, and Shanaya rocked a blue bustier-style sleeveless blouse with a matching A-line skirt. Despite the initial backlash, the trio managed a fashionable comeback later in the evening.
13.07 / 12:59
UPS
Target
security
Remark
Election
rights
Kishori Lal Sharma backs Rahul Gandhi for slamming trollers of Smriti Irani
Kishori Lal Sharma, Congress leader and a Member of Parliament (MP) from Uttar Pradesh's Amethi, on Saturday, backed party MP Rahul Gandhi's remarks on former Amethi MP and Bharatiya Janata Party (BJP) leader Smriti Irani, in which he targeted the trollers using derogatory languages against her. Sharma backed Gandhi's remarks and said that it is not their value to use such language against someone. «Rahul Gandhi is right. I relate to his statement. Victories and losses are a part of life. It is not in our values to use such language against someone», the Amethi MP told ANI.
13.07 / 12:59
markets
UPS
Remark
wellness
show
cover
Gold ekes out gains as investors await US jobs data
Gold prices edged higher on Monday as a lower dollar prompted some short covering from investors with focus turning to U.S. jobs data due later this week that could offer more cues around interest rate cuts by the Federal Reserve. Spot gold was up 0.2% to $2,330.92 per ounce as of 10:02 a.m. ET (1402 GMT). Prices registered a more than 4% gain in the second quarter. U.S. gold futures gained 0.1% to $2,341.60.
13.07 / 12:59
COST
UPS
Target
Features
Colleges
ET Mutual Funds Explains: Want to know the future value of your financial goals? Use this formula
financial goals and investing to achieve them. However, many investors struggle with calculating the future value of their goals. Instead of employing a precise calculation, they often choose arbitrary large figures like Rs 50 lakh or Rs 1 crore, assuming these amounts will suffice. What seems like a big number today may not hold its value in the future due to inflation, making precise calculations using inflation vital in planning for financial goals. Many investors just pick a random number. Many investors pick up big numbers, usually Rs 50 lakh or Rs 1 crore which they think will suffice for their future. Inflation significantly reduces the purchasing power of money over time, so the amount that appears substantial now might not be enough in the coming years. The value of any investment does not remain the same always. It either decreases or increases due to interest rate, inflation/deflation which increases/ decreases the value of money. The impact of annual inflation erodes the purchasing power of money significantly with each passing year. Investors need to account for the effects of inflation on their future financial goals. To do this, they first need to calculate how much a particular goal costs today. For instance, if a child’s higher education costs Rs 5 lakh today, the investor needs to determine how much time is left until they need to pay for the education. If the child is expected to go to college in 15 years, they need to calculate how much that same education will cost in 15 years, taking inflation into account. This is known as calculating the future value of the goal.
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