UPS Financial News

Texas park left two people dead and six wounded, including two children, authorities said. The victims were shot shortly before 11 pm Saturday during a Juneteenth celebration at Old Settlers Park in Round Rock, about 19 miles (30 kilometers) north of Austin. An altercation began between two groups during a concert at the event and someone started shooting, Round Rock Police Chief Allen Banks said during a news conference at the scene.

Rajasthan Chief Minister Bhajanlal Sharma has approved the proposal to allot 4,780 hectares of land to set up four solar projects, an official statement said on Sunday. The move is aimed «to make Rajasthan a leader and self-reliant in the field of energy», it said. According to the proposal, 4,780 hectares has been allotted to Rajasthan Solar Park Development Company to set up three solar parks of 2,450 MW in Bikaner district and about 910 hectares to NTPC Renewable Energy Ltd to set up a solar project of 500 MW in Phalodi district. Two solar parks of 1,000 MW each and one of 450 MW will be set up in Bikaner district. Approval has been given for allotment of about 1,881 hectares in village Surasar of Pugal tehsil for the first solar park, as per the statement.

SIPs) — a mutual fund equivalent of banks' recurring deposits — may be one of the best ways for retail investors to put money in equity schemes. Those looking to maximise the benefits of this investment method could consider SIP top-up — a system that allows you to increase the SIP amount annually. According to a study by WhiteOak Capital Mutual Fund, a SIP top-up can significantly boost absolute returns from equity products.

NEW DELHI : Private investments are taking off, and household consumption, which has crossed pre-pandemic levels, is growing, unlike in many countries, according to Sanjiv Puri, president of the Confederation of Indian Industry (CII) and chairman and managing director of consumer goods conglomerate ITC Ltd. Puri added that with global trade expected to do much better in 2024-25, India’s consumption and growth story will get further impetus. Quoting data from the ministry of statistics, Puri said investments in fixed assets like plant and machinery in nominal terms was at 23.8% of gross domestic product (GDP) in 2022-23 compared to 22.4% in the pre-pandemic year of 2019-20.

₹3,360 crore. The money will be used to expand its hospitality businesses and other developing businesses.InterGlobe Enterprises said in an exchange filing on 11 June that “the proceeds will be utilised for scaling up IGE’s hospitality and other businesses it is incubating, as well as for general corporate purposes." On being asked how this money will be put back into the UK company, a spokesperson said this was the only statement it had on the sale of shares.

₹1.5 trillion, the asking P-E is 25.6," said Aditya Kondawar, partner, Complete Circle Capital, a wealth management firm. “The IPO will be critical for both investors and the company, since India is Hyundai’s third-largest revenue generator after the US and South Korea," Kondawar added. Hyundai Motor’s IPO, the largest in India after Life Insurance Corporation of India’s ₹20,000 crore-plus share sale in 2022, will be the country’s first automobile IPO in two decades.

Tata Motors Ltd has laid out an aggressive road map for the next few years, aiming to jack up its market share on the back of new launches andsharper focus on electric vehicles (EVs), though more competition and margin pressure may throw a wrench in its plans. In the domestic passenger vehicles (PV) business, Tata Motors plans to launch 5-6 new models, including four EVs, over the next two years starting with Curvv in FY25. The management expects India’s PV industry to touch 6 million units by FY30, a compound annual growth rate (CAGR) of 6%.

BENGALURU , MUMBAI : Quick-commerce company Zepto is looking to set up bigger dark stores so it can stock a larger assortment of products, according to two people aware of the company's plans. The development comes as the online grocery platform seeks to move big-time into non-grocery delivery, and as investors queue up to buy a stake in the four-year-old startup.

Read here: Eid ul adha 2024: Will Indian stock market remain open for trading today?There is only one stock market holiday in June 2024 and the next trading holiday will now be on July 17 for Muharram, the stock market holiday list shows. There are a total of 15 holidays in the calendar year 2024.

Japan’s top financial regulator has issued an official warning to the LBank Exchange as it looks to crack down on overseas crypto exchanges that target Japanese customers.

Alia Bhatt on Sunday announced she had turned author with «The Adventures of Ed-a-Mamma: Ed Finds A Home», a children's picture book. The actress, who shares 19-month-old daughter Raha with «Brahmastra» co-star-husband Ranbir Kapoor, shared the update on her Instagram page. «Ed Finds A Home» is the first in the series inspired by her kidswear brand Ed-a-Mamma. Children's book illustrator Tanvi Bhat has drawn up the illustrations for the book. «A new adventure begins. 'Ed finds a Home' is just the beginning of a new series of books from the universe of Ed-a-mamma… My childhood was full of storytelling and storytellers… and one day I had a dream to bring out that child in me and put it into books for children…

Joe Alwyn has opened up about his romance with singer and former partner Taylor Swift after over a year of parting ways, saying they had mutually decided to keep some details of their relationship "private". The former couple split after six and a half years of dating. Swift is currently in a public relationship with American footballer Travis Kelce. Alwyn said he is in a good place both professionally and personally. According to an insider, the actor has also moved on and was «dating and happy». «As everyone knows, we together — both of us, mutually — decided to keep the more private details of our relationship private. It was never something to commodify and I see no reason to change that now.

petrol prices above Rs 100 a litre and diesel to Rs 89, but rates are lower than neighbouring Andhra Pradesh which has the costliest fuel in the country, oil industry data showed. The Karnataka government on June 15 hiked local VAT (value added tax) from 25.92 per cent to 29.84 per cent on petrol and from 14.3 per cent to 18.4 per cent on diesel. This led to petrol price now costing Rs 102.86 per litre in Bengaluru and diesel coming for Rs 88.94 a litre. But the rates in Karnataka are still lower than neighbouring Andhra Pradesh and Maharashtra.

Telugu superstar Ram Charan revealed the face of his daughter Klin Kaara Konidela on Father's Day. One of his fans shared a picture of the ‘RRR’ star cradling his daughter in his arms. In the picture, the Yevaru actor is seen with the brightest of smiles as he lifts his child in the air. Both the father and daughter are seen twinning in dark red clothes. In a candid chat with the Times Of India, Ram Charan opened up about the experience of being a father. He revealed that he had undertaken the responsibility of feeding her. “I feed Klin at least twice a day, I love doing that. I do my readings with her, too. Upasana (wife) is a fantastic parent, but when it comes to feeding her, no one can beat me. I can get her to finish the whole bowl of food, I have some superpower when it comes to this,” he told the news publication. Ram Charan mentioned that things have changed now that Klin is more interactive and recognizes people. She misses him when he's away, and he feels the same. He admitted to feeling a sense of absence when they're apart, which makes him prioritize spending time at home because he feels «left out» when he's not with his daughter.

Nirmala Sitharaman is likely to hold pre-budget consultations with industry chambers on June 20, sources said. The budget for 2024-25 fiscal is likely to be presented in Parliament in the second half of July. Industry sources said the pre-budget consultation with Sitharaman would be preceded by a meeting with Revenue Secretary Sanjay Malhotra on June 18. The 2024-25 Budget is likely to lay out Modi 3.0 government's economic agenda.

₹3 per litre, reaching ₹102.84 in Bengaluru, up from the previous rate of ₹99.84. Similarly, diesel prices have increased by ₹3.02 per litre, now costing ₹88.95, up from ₹85.93.

Since February, Kathy Xiang and her entire family has been under siege.

It seems Canada’s largest bank isn’t expecting a whole lot of upside in the short-term from what appears to be the start of a campaign by the Bank of Canada to bring interest rates down.

When lenders size you up for a mortgage, they analyze your ratio of debt to income, down payment, credit and so on, and most people get approved.

Recreational real estate has been on a wild ride the last few years. First there was the boom brought on by the COVID-19 pandemic, when interest rates dropped to .25 per cent and urbanites, suddenly free from the confines of office work, sought bucolic refuge from the close quarters of city life. Prices rose more than 40 per cent, and it seemed that any cottage with reliable internet for remote work was snapped up — sometimes for 70 per cent over asking.