Target Financial News

The Bank of Japan has raised its key interest rate to 0.25% from 0.1%, acting to curb the yen's slide against the U.S. dollar

DAM Capital initiated coverage on Hindalco with a 'Buy' rating and target price of Rs 905, which indicates an upside potential of 37% from the previous day's closing price of Rs 660 apiece. In its coverage initiation, DAM Capital emphasized the opportunities within the aluminium sector, expressing optimism about future aluminium prices and predicting deficits ahead. Meanwhile, the brokerage highlighted Hindalco's strengths, noting, «Hindalco's India aluminium business is strong, with stable copper operations.»

Reserve Bank of India (RBI) will keep interest rates steady for a ninth straight meeting in August due to persistently high inflation, with a slim majority of economists in a Reuters poll expecting the first rate cut next quarter.

forecast for artificial intelligence chip sales by $500 million and said supplies would remain tight through 2025, sending shares of the Santa Clara, California-based company up 7.5% in extended trading.

Hamas on Wednesday announced that its leader Ismail Haniyeh was assassinated in Tehran, with Itan's paramilitary Revolutionary Guard also putting out a statement attesting to the same. Iranian state TV reported on Haniyeh's death in the early hours of the day.

traded volatile for yet another session on Tuesday and ended nearly unchanged. After a flat start, the Nifty gradually inched higher for most of the session but sharp profit-taking in the final hours trimmed all the gains. «Rotational participation from the heavyweights is maintaining a positive tone amid consolidation, and we expect this prevailing trend to continue. We are targeting 25,100 in the Nifty and suggest focusing on accumulating quality stocks on dips,» said Ajit Mishra – SVP, Research, Religare Broking.

Israeli military spokesperson Daniel Hagari said the target of the strike, Fouad Shukur, was behind the Saturday rocket attack on the town of Majdal Shams that killed 12 young people in the Israeli-occupied Golan Heights of Syria.Hezbollah, which denied it was behind the Majdal Shams attack, didn't confirm that Shukur was the target of Tuesday's airstrike or that he was killed. If Israel's claim proves true, Shukur would be the most senior Hezbollah commander to be killed since 2016, when Mustafa Badreddine, the group's military commander in Syria, died in an explosion in the Syrian capital of Damascus.The Israeli military said that Shukur had directed Hezbollah's attacks on Israel since October 8, after the Israel-Hamas war erupted, and that he was also involved in “the killing of numerous Israelis and foreign nationals over the years." It said Shukur was responsible for the majority of Hezbollah's most advanced weaponry, including guided missiles, cruise missiles, anti-ship missiles, long-range rockets and UAVs.The 62-year-old, secretive Shukur was in charge of Hezbollah's forces in southern Lebanon along the border with Israel as well as being a top official in the group's missile program.He had been a close aide to Hezbollah's top military chief, Imad Mughniyeh, who was assassinated in 2008 by a car bomb in Damascus.

HPE) has shipped its first batch of 1,000 made-in-India data servers beginning March, and is on track to achieve the $1 billion local manufacturing target over the next five years, its top India executive said.

Officials in Greece say an investigation has cleared the country's security agencies of involvement in an international spyware scandal that triggered U.S. sanctions earlier this year

The Senate has passed legislation designed to protect children from dangerous online content

Bank of Montreal’s stock was downgraded by an influential Bay Street analyst on concern the lender is building up credit losses at a faster pace than its U.S. peers.

Despite an outlier report released by the International Monetary Fund earlier this month that suggested Canada will be a leader in economic growth next year — which had many Liberal MPs crowing that their “economic plans are working” — the overwhelming view of most suggests otherwise, especially when it comes to productivity.

Bill Ackman’s planned initial public offering for a US closed-end fund is expected to bring in $2 billion, less than 1/10th the target the billionaire hedge-fund manager suggested the sale could raise earlier this month.

Until the Fed decides to start cutting interest rates, potential homebuyers may stay on the sidelines. But will that cut be soon?

Mint Tuesday. “We are very eager to do it. Maybe by the year end, if we can." The acquisitions would be in the kitchen essentials space, he said, adding that more targets are available among regional companies.

Union Budget 2024 infuses in itself everything that would lead India to the path of becoming 'Viksit Bharat', Union Finance Minister Nirmala Sitharaman said as she answered the questions raised by the Opposition INDIA bloc in Lok Sabha on Tuesday.

Delhi Lt Governor V K Saxena on Tuesday flagged off 320 electric buses, taking the number of such buses in the city to 1,970. Saxena said this addition will aid in Delhi's fight against pollution.

A Chinese automotive glass maker says the company is not the target of a federal investigation that temporarily shut down production last week at its Ohio factory

Air New Zealand has scrapped its 2030 carbon emissions reduction targets, citing lags in producing new planes, a lack of alternative fuel and “challenging” regulatory and policy settings

'Barron's Roundtable' panelists discuss ongoing market rotation, small caps garnering attention and expected remarks on cryptocurrency by former President Trump.

Which industry grows regardless of external factors and serves as the primary growth driver – directly or indirectly – for all other industries? The answer, of course, is the power transmission and generation industry. With the government setting ambitious targets to meet the increasing demand for electricity and support the country’s economic growth, this sector stands at a crossroads. India's power industry is poised to become a significant exporter of electricity, with existing connections to the grids of Bangladesh, Bhutan, and Nepal, and plans to expand these to other neighbouring nations.