Target Financial News
18.07 / 04:34
markets
UPS
Target
security
WhatsApp
reports
Buy Angel One, target price Rs 3300: Motilal Oswal
Angel One Ltd. with a target price of Rs 3300. The current market price of Angel One Ltd. is Rs 2210. Angel One Ltd., incorporated in the year 1996, is a Small Cap company (having a market cap of Rs 19942.35 Crore) operating in Financial Services sector.
18.07 / 04:12
18.07 / 03:58
Blockchain
Provident
Target
Platform
Grayscale
Research
Grayscale Debuts Decentralized AI Fund for AI Crypto Protocols
Grayscale Investments has launched a new Decentralized AI Fund for artificial intelligence crypto protocols.
17.07 / 22:15
17.07 / 22:06
BTC
Target
Bitcoin news
Bitcoin
show
Bitcoin Price Prediction: Analyst Expects 2017-Style Parabolic Rally for BTC
Renowned crypto analyst Kevin Svenson has projected a strikingly optimistic future for Bitcoin, likening it to the parabolic rally seen in 2017. Svenson recently suggested that Bitcoin’s next peak could significantly surpass current expectations.
17.07 / 22:06
Target
Man
President
shooting
show
politician
In a media world that loves sharp lines, discussions of the Trump shooting follow a predictable path
Authorities haven't established why a 20-year-old Pennsylvania man attempted to assassinate former President Trump last week
17.07 / 22:05
UPS
Target
President
Diversity
social
inclusion
rights
John Deere ends support of 'social or cultural awareness' events, distances from inclusion efforts
Farm equipment maker John Deere says it will no longer sponsor “social or cultural awareness” events, making the agricultural machinery manufacturer one of the latest U.S. companies to distance itself from diversity and inclusion measures after being t...
17.07 / 21:26
markets
COST
UPS
Target
Trade
CIBC
CIBC says Bank of Canada must end or fix quantitative tightening
The Bank of Canada needs to wrap up its quantitative tightening program or fix distortions in short-term funding markets that are keeping effective interest rates higher, according to Canadian Imperial Bank of Commerce strategists.
17.07 / 20:32
markets
COST
Target
Manufacturing
Strategy
Sustainability
Godrej Consumer aims to cut global manufacturing footprint
Godrej Consumer Products said its global manufacturing footprint will reduce by 40% by FY26, part of its broader strategy to make more products in India and cut costs to improve profitability. At present, the maker of Cinthol and Good Knight has 36 plants including 14 in India. It also invested Rs 1,000 crore in two manufacturing sites in India last fiscal. «We are also reassessing our manufacturing footprint. We are questioning how much of what we make in international geographies can be made in India and exported out,» Sudhir Sitapati, MD at GCPL, said in its latest annual report.
17.07 / 19:54
Target
WhatsApp
wellness
track
information
reports
peace
Brief exchange of firing in Doda forests; Villagers join search operation
armed forces established brief contact with terrorists on Wednesday during the search operation in the Bhata Desa forest area of Doda district, where four Army personnel and a policeman were killed in the intervening night of Monday and Tuesday. Village defence guards also opened fire on suspicious movement observed outside Melan village of the Desa area. Two explosive shells were recovered from the Sinoo forest area of Gandoh in the same district, where three infiltrators were killed on June 26 and a huge cache of arms and ammunition, including a US-made M4 carbine, were recovered. The exchange of fire took place within a span of a few hours during the search operation. However, no casualty or injuries were reported from either side. «Search operation is going on in the area, but they (terrorists) took advantage of the challenging terrain, thick forest and darkness and managed to flee,» said an official.
17.07 / 19:10
Target
Election
Boxing
President
performer
reports
After the assassination attempt on Trump, Biden may have received a fresh lease of political life
assassination attempt on former US President Donald Trump may have certain political effects on the opposition party. NBC News has reported that the opposition to US President Joe Biden may have ended after the assassination attempt. There are no reasons that have been attributed for this development. Many believe that the ‘Biden Out’ campaign may have lost the momentum after the narrative has shifted in favor of Trump who may have seen his approval ratings increase. Many of the campaigns targeting Trump have also been called off after the incident on Saturday. Earlier, many of the top Democrats had called on Biden to drop out of the presidential bid.
17.07 / 16:31
Target
King's Speech lays out more powers for the Office for Budget Responsibility
Speaking at the State Opening of Parliament, King Charles III set out new legal powers for the OBR, one of 15 measures targeting 'economic stability and growth'. The move to further the OBR's responsibilities came on the back of Prime Minister Keir Starmer's ambition to restore the powers of the UK's fiscal watchdog, which were severely dented by former Conservative prime minister Liz Truss when she went ahead with her Mini Budget plans without consulting the OBR. Paul Diggle, chief economist at abrdn, said the reforms «will not make a practical difference to how the Labour governme...
17.07 / 15:33
Target
Gap
economy
Pool
Sustainability
Healthcare
innovations
India’s deep pool of domestic surpluses can be directed towards startups
This is part of a special series of articles by the country's foremost voices, ahead of Union Budget 2024, aiming to draw attention to the critical reforms that can help India in its journey to become a developed nation by 2047. As India marches closer to the status of a $4 trillion economy and the world’s fourth largest, a crucial question emerges: how do we equip ourselves for the road ahead? For India to wear the crown of a developed nation, we require 10x growth targeting the $40 trillion mark. It is not just growth, but other goals that need to be addressed.
17.07 / 14:13
UPS
Target
Manufacturing
economy
Sustainability
Research
innovations
To forge a path to prosperity, domestic manufacturing must take a giant leap
This is part of a special series of articles by the country's foremost voices, ahead of Union Budget 2024, aiming to draw attention to the critical reforms that can help India in its journey to become a developed nation by 2047. In a few days from now, finance minister Nirmala Sitharaman will present her seventh consecutive budget, a record in India’s history. This is also the first Union budget in the third term of Prime Minister Narendra Modi’s government. Undoubtedly, we expect directional continuity in policy announcements with a thrust on economic growth, social development and sustainability, in line with the vision for Viksit Bharat 2047.
17.07 / 11:04
markets
Target
Manufacturing
Strategy
Sustainability
Parke
reports
Raymond's consumer care sales declined under its new owner Godrej Consumer Products
Raymond's consumer care business saw its sales fall 18% under its new owner Godrej Consumer Products (GCLP) which acquired the company last year. In its latest annual report, GCPL said the company behind Park Avenue and Kamasutra brands posted sales of Rs466 crore during the eleven months ended March 2024. On an annualised basis, it is roughly Rs508 crore, 18% lower than Rs622 crore in FY23. «The acquisition was in line with the company's strategy to build a sustainable and profitable personal care business in India by leveraging the categories of personal grooming and sexual wellness,» it said in the report. «Revenue and EBITDA of the Raymond Consumer business remained on plan and stable compared to the previous fiscal year.»
17.07 / 10:56
Target
Dash
Boeing
Food
UK inflation holds steady at 2% as stubborn services prices dash rate cut hopes
Core CPI, which excluded food, alcohol and tobacco, reached 3.5% in the year to June, the same as a month before, according to figures published by the Office for National Statistics today (17 July). Services inflation, a closely watched measure by the Bank of England's rate-setters, also remained sticky, refusing to come down from the May figure and remaining instead unchanged at 5.7% in June. UK inflation returns to 2% target but June BoE cut remains unlikely The latest data came in as the BoE's Monetary Policy Committee considers whether to start cutting interest rates at its ne...
17.07 / 08:48
UPS
Citi
Provident
Target
Mobile
economy
Trade
Three steps to net-zero: Legislation, emissions trading, capital mobilization
Viksit Bharat. This approach will strengthen India’s global competitiveness by driving rapid decarbonization and digitization across the entire economy. This can help India leapfrog to the global production frontier and enable us to compete successfully with the world’s leading economies such as the US and China.
17.07 / 08:35
Target
Progressive
Assurant
awards
WhatsApp
Highways
Traffic
Ambitious Delhi-Mumbai expressway project misses revised 2024 target, delayed further to 2025
Delhi-Mumbai expressway project, touted as a game-changer for Indian infrastructure, faces significant delays primarily due to land-related challenges in Gujarat. According to Times of India sources, two crucial segments totaling 62 kilometers in Gujarat only saw bidding commence in November 2023, while construction on one of these segments began in April this year, and the other started just this month. Initially slated for completion by January 2023, the project has encountered multiple setbacks, pushing the revised target to March 2024, which has also been missed. Sources reveal that constructing each stretch requires a minimum of eighteen months. To expedite progress, the project was divided into smaller 'packages' for faster execution. Officials assure that all outstanding land acquisition issues are being actively addressed. Presently, approximately 630 kilometers of the total 1,386 kilometers have been opened to traffic in various segments. Notable sections include Sohna-Dausa-Sawai Madhopur (293 km) and Jhalawar-MP/Gujarat border (245 km). Authorities express confidence that the 845-kilometer stretch from Sohna to Vadodara will be fully operational by March 2025. Subsequent sections, crucially linking to Mumbai's JNPT port, Jewar Airport in Uttar Pradesh, and Delhi's DND Flyway, are expected to follow suit.
17.07 / 08:17
17.07 / 08:08
UPS
Target
MET
Trade
UnitedHealth
Charles Schwab falls; Match Group, UnitedHealth rise, Tuesday, 7/16/2024
Stocks that traded heavily or had substantial price changes on Tuesday: Charles Schwab falls; Match Group, UnitedHealth rise
17.07 / 07:45
Target
Research
Experts
reports
U.S hits Mexican accountants and firms with sanctions for timeshare scams that support drug cartel
The U.S. has imposed sanctions on three Mexican accountants and four firms allegedly linked to a timeshare fraud ring run by the Jalisco New Generation drug cartel
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