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Paytm, while JPMorgan has an overweight rating on Bajaj Finance. Meanwhile, Nuvama has a buy rating, and Macquarie has an underperform rating on Zomato, respectively.

Goldman Sachs Group Inc. tactically lowered Indian equities to neutral from overweight as slowing economic growth dents the outlook for corporate earnings. “While we believe the structural positive case for India remains intact, economic growth is cyclically slowing down across many pockets,” strategists including Sunil Koul wrote in a note on Tuesday. Worsening earnings sentiment, an accelerating pace of earnings-per-share cuts and a weak start to the September-quarter results season indicate an impact on profits, they added.

inflation falling below the central bank's 2% target, signalling a change in their focus after years of excessive price growth. Inflation in the euro zone dipped to 1.7% last month and could be back at 2% on a durable basis in the first months of 2025, ending three years of excessive price growth, when inflation even briefly rose into double digits.

City Union Bank (CUB) after the better-than-expected second-quarter results. The price targets imply a 1-19% rise in the stock over its Tuesday closing price of ₹168.5. City Union Bank shares rallied 11.9% on Tuesday in a weak market in response to the September quarter earnings.

weak debut on the bourses with the stock opening at ₹1,931 on Tuesday, over 1% below its Initial Public Offer (IPO) price of ₹1,960. The stock ended at ₹1,820.40, 7.1% below the issue price, continuing the first-day weak show trend among large IPOs. Hyundai's ₹27,870 crore IPO last week was the largest ever in India's primary market.

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Since Israel began bombarding Beirut’s southern suburbs as part of its offensive against militants, Lebanon’s national air carrier has become a local icon simply by continuing to do its job

prenatal gender detection tests. His argument: the ban, in place since 1994, unfairly targets medical practitioners, while the real issue lies in societal attitudes against the female child. He's right about it being a societal problem.

Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...

A recall of hundreds of frozen waffles and other toaster foods has been expanded

revenue from Indian trips in 2023. The target is to boost revenues by 10% from India next year besides pitching new luxury accommodation options for Indian travellers and other India only campaigns targeted at honeymooners in the country, said Petra Hedorfer, CEO of German National Tourism Board. The German National Tourist Board (GNTB) works on behalf of the Federal Ministry for Economic Affairs and Climate Action to represent Germany as a tourist destination and is funded by the Ministry in accordance with a decision taken by the German Bundestag. She said in order to continue participating in the rapid growth of the Indian outbound market, the German National Tourist Board (GNTB) is systematically expanding its market activities on the subcontinent. “In view of the changing conditions, especially technological developments, we are also organizing a high-profile delegation trip with top managers from the German travel industry next spring with the GNTB India Digital Travel Knowledge Tour,” said Hedorfer.

Hezbollah claimed responsibility Tuesday for a drone attack last week targeting the home of Israeli Prime Minister Benjamin Netanyahu, and acknowledged that some of its fighters have been take captive by the Israeli army. Hezbollah spokesman Mohammed Afif made the remarks during a press conference in Beirut's southern suburbs that was cut short following an Israeli evacuation warning for the area. An Israeli strike hit a target hundreds of metres (yards) away from the site of the conference just minutes after journalists left, an AFP video journalist said.

Target is reducing prices on more than 2,000 items ranging from snacks to toys and cold medicine in an effort to attract bargain-hunting shoppers during the holiday season, the retailer said on Tuesday. The price reductions will be across national brands and Target's own private brands, including food and beverages, everyday essentials and holiday gifts, it said. The move comes ahead of the shorter-than-usual key shopping period this year, and against a backdrop of frugal consumer behaviour.

Subscribe to enjoy similar stories. New Delhi: State-run NLC India Ltd is looking to raise about ₹4,500 crore through the initial public offering (IPO) of its subsidiary NLC India Renewables Ltd (NLCIRL) in April-June 2025, according to its top executive. NLC will offload 51% shares of the renewable energy arm, Prasanna Kumar Motupalli, chairman and managing director (CMD) at the public sector lignite miner, told Mint.

Subscribe to enjoy similar stories. Modern China is a superpower with its roots in a guerrilla army. This helps explain its self-interested responses to crises, including the turmoil now raging in the Middle East.

neutral call on Oberoi Realty with a target price of Rs 2,056. The current market price of Oberoi Realty is Rs 1963. Oberoi Realty Ltd., incorporated in 1998, is a largecap company with a market cap of Rs 71869.62 crore, operating in the Real Estate sector. Oberoi Realty's key products/revenue segments include income from project development, lease rentals, income from hospitality and other operating revenue for the year ending 31-Mar-2023.

Hyundai Motor India, which is set to debut on the bourses today, has earned 2 positive ratings from global brokerage firms Nomura and Macquarie as they have initiated coverage on the stock with the target price going as high as Rs 2,472. The stock has earned a buy rating with a target price of Rs 2,472 from Nomura, predicting a 26% upside while Macquarie has an outperform rating on the stock with a target price of Rs 2,235, which indicates a 14% upside potential.

Nomura and Macquarie have initiated coverage on Hyundai Motor India even before its listing, assigning a buy and outperform rating, respectively. Meanwhile, Jefferies has a hold rating on Oberoi, and Bernstein has a market-perform rating on Ultratech Cement. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

Subscribe to enjoy similar stories. Governments that committed two years ago to a historic agreement to protect nature and biodiversity now will try to figure out how to actually carry that out.

Narendra Modi on Tuesday departed for his two-day visit to Russia to attend the BRICS Summit in Kazan. The 16th BRICS Summit in Kazan is being held under the chairmanship of Russia from October 22-24. During his visit, PM Modi is also expected to hold bilateral meetings with his counterparts from BRICS member countries and invited leaders in Kazan.

Israeli army said Monday that the latest commander responsible for funding the Lebanese Hezbollah group was «eliminated» in Syria. The man, whose name was not released, headed the Iran-backed Hezbollah's Unit 4400 that is «responsible for the transfers and the amount of funds» to the group through Tehran's oil sales, army spokesman Rear Admiral Daniel Hagari said in a statement. The commander was «eliminated» in Syria «a few hours ago», he added.