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Ukraine that it can use American-supplied weapons to hit Russian forces «anywhere». They can hit any Russian forces attacking from across the border, and not just the region near Kharkiv, Politico reported, citing US officials. This subtle shift, which according to the officials is not a change in policy, comes weeks after the US quietly signaled the green light to Kyiv to strike inside Russia in retaliation to a cross-border assault on the city of Kharkiv. During that time, the US officials stressed that the policy was limited to the Kharkiv region, among other restrictions.

Lemon Tree Hotels with a target price of Rs 175. The current market price of Lemon Tree Hotels Ltd. is Rs 147.6. Lemon Tree Hotels Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 11645.23 Crore) operating in Tourism & Hospitality sector.

PSU stocks on June 4 when BJP failed to get the absolute majority in the Lok Sabha on its own are now forced to eat the humble pie. After crashing 16% on result day, PSU stocks are once again leading the bull run as if PM Modi actually managed to achieve the ambitious target of '400 paar'. Driven by defence PSU Mazagon Dock Shipbuilders, which has seen a 48% return, the combined market capitalisation of 56 PSU stocks, which are part of the BSE PSU index, has surged by Rs 723,823 crore to Rs 68,03,059 crore in just 10 trading sessions (from June 4 closing till 19 June).

Budget 2024 FAQs: The Budget serves as a comprehensive blueprint detailing the government's projected income and expenditure for a fiscal year, spanning from April 1 to March 31 of the following year. This financial roadmap plays a crucial role in outlining the nation's economic priorities and resource allocations. To enhance accessibility and understanding, a user-friendly guide for interpreting the Budget document is readily available. Following the finance minister's budget speech in the Lok Sabha, these critical documents are swiftly published on the official website, ensuring rapid and widespread dissemination of essential financial information. The budget that will be presented in coming month will be Prime Minister Narendra Modi-lef government's first presentation after forming government.

Stifel, Nicolaus & Co. But like prior “bubble” episodes, this one eventually has to pop too, the firm’s chief equity strategist says. Stifel’s Barry Bannister says the US stock benchmark has a shot at reaching the 6,000 mark before the end of 2024 as investors keep piling in, up from just below 5,500 Thursday. But by mid-2026, he expects the gauge to sink back to where it began this year — around the 4,800 level — erasing a fifth of its value.

Sensex rose 141.34 points to close at 77,478.93, while the Nifty 50 settled 51.00 points, or 0.22%, higher at 23,567.00.Also Read: Indian stock market: 10 key things that changed for market overnight - Gift Nifty, BoE policy to Accenture Q3 resultsNifty 50 formed a small negative candle on the daily chart that placed beside the long negative candle of Wednesday. “Technically, this pattern indicates a doji type candle pattern, which doesn't have any significant predictive value, as the market is presently showing a broader sideways range movement.

₹50,000 crore, two people aware of the matter said. The central government, which has been steadily increasing the budget for new tracks over the years, may boost allocation by a sharp 39% from the figures in February's interim budget, the people cited above said on condition of anonymity.

The Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit representing $86 billion shows the “vast majority” are at risk of being improper

Home loan borrowing costs eased again this week as the average rate on a 30-year mortgage declined to its lowest level since early April

European Union envoys have reached agreement on a “powerful and substantial” new series of sanctions that are part of its ongoing response to Russia’s invasion of Ukraine

clean energy in 2023 globally may still not be enough to meet the COP28 target of tripling renewables capacity by 2030, consulting firm EY said on Thursday. Besides building assets to generate clean energy, the other challenge faced by companies is getting their projects hooked up to the electric grid, which is struggling to integrate new wind, solar and battery power. WHY IT'S IMPORTANT

Wifi penetration in India continues to lag behind despite several efforts by the government and telecom operators, a top official of the Department of Science and Technology said on Thursday. While speaking at a Broadband India Forum (BIF) event on World Wifi day, the Department of Science and Technology (DST) Secretary Abhay Karandikar said the absence of an ubiquitous backend telecom infrastructure is restricting the growth of wifi penetration in India despite advancement in the technology and availability of spectrum. «Wifi is a key to providing affordable connectivity and in India we still continue to lag behind in public wifi penetration in a significant manner despite several efforts made by the government and the operators,» he said.

Stock market today: Domestic equity benchmarks Sensex and Nifty 50 settled higher on Thursday, June 20 driven by private banks, after struggling through some volatility during the trade in the absence of fresh triggers. Metals, real estate, fertiliser stocks drove indices, despite a lack of strong global indications.

exchange-traded fund (ETF) specialising in electric vehicles (EVs) and the emerging automotive sector, named the ‘Mirae Asset Nifty EV and New Age Automotive ETF’. This open-ended scheme is crafted to harness the sector’s promising long-term growth potential.

CE Info Systems Ltd., the owner of MapmyIndia, hit a 20 percent upper circuit on Thursday's trading session after Goldman Sachs began coverage with a 'buy' rating and a price target of ₹2,800, indicating a potential 40 percent upside from the stock's last closing price.Goldman Sachs believes that CE Info Systems is well-positioned to capitalize on its early leadership in rapidly growing markets. The domestic navigation company holds over 80 percent of the market share in automotive OEM navigation software.The research firm also noted that the emerging mobility business presents a larger opportunity than the core automotive business.The corporate and government markets offer significant growth opportunities for the company.

Uttar Pradesh Chief Minister Yogi Adityanath on Thursday, reviewed the current status of the 'Family ID' process being issued to each family unit in the state and directed for its speedy execution. As per a press statement released, the chief minister reiterated that the Family IDs are being issued to provide government benefits to every family and employment opportunity to at least one member. Currently, about 15.07 crore people from approximately 3.60 crore families living in Uttar Pradesh are benefiting from the National Food Security Scheme. The ration card number of these families serves as their Family ID.

Tata Communications on Thursday announced that it had secured its first sustainability-linked loan of $250 million from ANZ, DBS Bank and Export Development Canada. The three lenders are set to jointly finance the five-year loan, with ANZ taking point as the lead sustainability coordinator. «The transaction is the first SLL for Tata Communications under the company’s new SLL framework. Through the framework, a first of its kind in the sector in India, Tata Communications intends to link its funding with key objectives such as carbon emission reduction targets (non-financial covenants) that are core and material for the company’s long-term sustainability performance,» the Indian communications company said in a release. Tata's $250 million loan is linked to its progress on its carbon emission reduction, with the interest rate margin of the loan set to be adjusted based on these targets and the company's performance.

Two MPC members, Dave Ramsden and Swati Dhingra, voted again for a 25 basis points cut to 5%, against a majority of seven, who opted to hold rates. UK inflation returns to 2% target but June BoE cut remains unlikely The move follows positive inflation data for May from the Office for National Statistics, which revealed on Wednesday (19 June) that the Consumer Prices Index (CPI) fell back to 2% for the 12 months to May 2024 – reaching the BoE's inflation target. The most concerning data, however, included core CPI, which stood at 3.5% last month, and services inflation at 5.7%, whil...

Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% on Thursday ahead of a July 4 election, but some policymakers said their decision not to cut rates was now «finely balanced». The BoE's Monetary Policy Committee voted 7-2 to keep rates on hold, in line with economists' expectations in a Reuters poll. Deputy Governor Dave Ramsden and external MPC member Swati Dhingra remained the only policymakers to support a cut to 5%.

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chemical companies are expected to realign their capital allocation requirements. Large companies in this sector have softened their near-term stance on capex. SRF Ltd has targeted ₹2,000-2,100 crore of capex in FY25 after spending about ₹3,000 crore in FY24.