UPS Financial News

Most U.S. stocks rose after the latest update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September

InterGlobe Aviation Ltd. traded 1.15 per cent up at Rs 4268.95 at around 10:25AM (IST) on Tuesday. The stock had closed at Rs 4220.05 in the previous session. Equity benchmark Sensex traded 26.27 points higher at 79502.46 around the same time.

Big summer plans that call for big toys require generous towing limits

HCLTech, India's third largest software exporter, reported a 6.8% sequential growth in net profit at ₹4,257 crore, beating ET's analyst poll estimates of ₹3,745 crore. A fatter bottom-line came largely on the back of a spike in non-core income in the June quarter otherwise marked by sluggish demand. Revenues and margins declined sequentially. The company's EBIT came at ₹4,795 crore, down 4.4% QoQ & up 7.5% YoY.

Amazon offers on best-selling furniture brings up to 64% off on gaming chairs, office chairs, recliners, and moreThe Seventh Heaven Milan 3-Seater Sofa in Brown is designed with comfort and durability in mind. It features a solid wood frame and Sheesham wooden legs, providing a sturdy foundation. The sofa is upholstered in chenille Molfino fabric, known for its softness and luxury feel.

India is considering setting up an underwater biodiversity research lab to study the different kinds of flora and fauna on the seabed, and at varying depths, to explore their potential for human consumption. The lab, part of the government's long-term vision of making India a developed nation by 2047, is being conceptualized under the Deep Ocean Mission and will be set up in the Indian Ocean. It seeks to make India a transnational and regional hub for marine biology and biotechnology research. A senior government official told ET that the underwater lab will be technologically one of the most advanced and will be used for exploration and conservation of deep-sea biodiversity. «The proposal is at a concept stage and several rounds of deliberation between key stakeholders will be held before it gets onto the drawing board,» the official quoted above said.

If you’ve noticed that you’re paying more than before for the same amount of groceries, you’re not the only one

earnings versus a 20-year average of 20.4x (at the 88th percentile). So, what has been driving the markets and more importantly, what’s next? The superior returns were triggered by a stable macroeconomic profile, improving corporate profitability as well as strong liquidity. On the macro side, fiscal consolidation, a focus on capital spends and moderating inflation have boded well for India. The recent GDP growth print of 8.2% was also a positive surprise for market participants. From a corporate profitability point of view, from FY18’s low of 1.3%, India’s corporate profits as % of GDP have dramatically improved to 5.5% in FY23. Liquidity has been strong too, providing a cushion to the markets. In 2023, FIIs bought $21.4 billion, while domestic institutions bought $22.3 billion. The vast improvement seen in systematic investments into mutual funds is particularly heartening. SIPs —which stood at Rs 8,500 crore in FY20 — amounted to Rs 20,900 crore in May of 2024. Even as these numbers explain what has happened in recent years, the question still remains: what now? And what next?

In Monday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached whether the stock has seen a buildup of fresh long position or not. When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.

Zee Entertainment Enterprises Ltd. traded at Rs 148.9 on BSE at 12:23PM (IST) on Monday, down 1.35 per cent. The stock quoted a 52-week low price of Rs 126.15 and a high of Rs 299.5. Earlier in the day, the stock saw a gap up opening.

pandas. This is only partly true. While the Chinese probably never adopted them as pets because they leave awful black and white stains on the couch, they are remarkably useless otherwise as well. Most of the time, sitting on their lazy asses, their low desire to procreate is baffling. Certainly considering they are at risk of extinction. Pandas can't even be relied on for their own survival. I will let that sink in. Pandas can't be seen in the wild anymore. The closest they get is a breeding reserve in Chengdu. Considering the gastronomic delights the city has to offer, in which Sichuan pepper gives dishes their distinct flavour, it is a shame to see pandas limit themselves to bamboo.

Brett (BRETT) holders are in panic mode and fleeing the meme coin in wake of another big price collapse on Friday, with some turning to a new meme coin in the play-to-earn niche Shiba Shootout (SHIBASHOOT).

Effective from 1 July, these agreements have revised fee structures and have been extended to 30 June 2029, an extension of two-and-a-half years from the end of the previous term, the trust stated in a stock exchange notice today (9 July).  PRSR will pay its manager a reduced tiered fee based on NAV of: 0.9% on NAV up to £250m, 0.85% on NAV between £250m and £500m, 0.7% on NAV between £500m and £1bn, 0.4% on NAV between £1bn and £2bn and 0.3% on NAV above £2bn.  In addition, the development management fee has been reduced to 3% on land and 3.5% on construction elements of the developm...

Especially for 365-day plans priced between ₹2,545 and ₹3,099, Bharti Airtel, Reliance Jio and Vodafone Idea (Vi) are running in-app promotions for customers to save by recharging early. «Clearly, there has been a substantial spike in daily volume of recharges for all spectrums of validity and all three telecom companies are advertising through in-app promotions, the offline retail network as well as payment aggregators,» a telecom company executive said. Paytm, the largest mobile recharge medium for telcos beyond their own apps, said it has seen a 15-20% increase in daily recharges on its platform. «There is also an increased preference for long-term plans,» a spokesperson said.

A closely watched measure of inflation in Argentina remained stronger than the libertarian government of President Javier Milei would have hoped

When it comes to France’s turbulent politics, the current impasse is probably the best investors could have hoped for. The second round of French legislative elections delivered a widely expected hung parliament, but not its predicted makeup: Rather than coming in first, Marine Le Pen’s far-right and anti-immigrant National Rally finished third. In a shock twist, the leftist New Popular Front alliance emerged victorious, with the party of President Emmanuel Macron and its allies in second place.

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NEW DELHI : Prime Minister Narendra Modi on Thursday discussed ways to augment all-round growth with economists ahead of his government’s first post-election budget, two persons close to the discussions said. The discussion was on “ways to accelerate growth and employment across sectors and regions", which covered all the pressing issues facing the economy, said one of the persons on the condition of anonymity. Growth and employment generation top the priority list of the Modi administration as the government faces pressure to create adequate opportunities for the country's large workforce.

20-minute fat burning cardio and abs: If I can’t go to the gym for some reason, I like to offset it by doing a workout that is fully focussed on the core. This is because we hardly ever incorporate core-only days in the gym. Working out your core at home not just makes you feel like you did something worthwhile, but it makes you feel like you did something that you could only have done at home.

finfluencers by prohibiting any association, monetary or non-monetary, between Sebi-registered intermediaries/regulated entities and unregistered entities (including finfluencers). Now, these rules have come into force. Here’s what the new rule states: ‘The persons regulated by the Board and agents of such persons shall not have any association, like any transaction involving money or money’s worth, referral of a client, interaction of information technology systems or any other association of similar nature or character, directly or indirectly, with any other person who, directly or indirectly, provides advice or recommendation or makes any implicit or explicit claim of return or performance, in respect of or related to security or securities, unless permitted by the Board to provide such advice/recommendation/claim.’ What does this mean in practice? It implies that anyone who gives investment advice or recommendations, even implicitly, cannot receive any money or have any association with stock brokers or trading platforms and other market participants or any Sebi-regulated entity. It precludes even incidental association with such people or entities.

Gujarat Gas with a target price of Rs 700. The current market price of Gujarat Gas Ltd. is Rs 644.8. Gujarat Gas Ltd., incorporated in the year 2012, is a Mid Cap company (having a market cap of Rs 44266.93 Crore) operating in Gas & Petroleum sector.