Target Financial News

Interest rate-sensitive megacaps gave the tech-heavy Nasdaq a decisive edge. The S&P 500 also closed in positive territory, while the Dow ended essentially unchanged.

Trishakti Corps, Indian Army, conducted a training exercise on Anti-Tank Guided Missile (ATGM) firing at a Super High-Altitude Area of 17,000 Feet in Sikkim. Missile Firing Detachments from Mechanized and Infantry Units of the entire Eastern Command participated in the training exercise. The training exercise encompassed comprehensive continuity training and live firing from different platforms on moving as well as static targets, depicting battlefield conditions.

Tata Steel, Jindal Steel and Power Limited (JSPL), ArcelorMittal Nippon Steel (AM/NS), Steel Authority of India Limited (SAIL), and Jindal Stainless Limited (JSL) have bagged steel supply contracts worth ₹1,586.39 crore from the Railways. According to officials aware of the development, bids for procuring Mild/Corten Steel Sheets/Plates/Coils were called in July 2023 but award only be finalised earlier this month. Another tender was called for buying stainless steel sheets and plates in February 2024 which was also awarded at the same time. Public sector undertaking Steel Authority of India Limited (SAIL) has bagged the lion's share in both tenders. SAIL will be supplying 1.05 lakh metric tonnes (MT) of steel worth ₹671.27 crore and another 16,356 MT of stainless steel worth ₹217.90 crore.

Coimbatore there's a scenic constituency which is also witnessing a three-cornered fight, cementing the belief that the BJP is specifically targeting the Kongu belt to dismantle the Dravidian parties' stronghold in the region. The Pollachi Lok Sabha constituency is gearing up for a triangular fight between the AIADMK, DMK and BJP. The BJP, much like in the Nilgiris and Coimbatore, has fielded its own candidate, K Vasantha Rajan, against the DMK's K Eswarasamy and the AIADMK's A Karthikeyan. All three parties have fielded fresh faces in the constituency, with the Dravidian parties hoping to capitalise on their well-known symbols and the sense of loyalty among their supporters to trump the BJP. Naam Tamilar Katchi's N Sureshkumar is another candidate in the fray. The most significant issues in the constituency range from agricultural to infrastructural as residents complained that good roads, clean drinking water and increasing drug use were going to be the things they would keep in mind while picking between the two leaves, rising sun and lotus symbols.

Some Federal Reserve policymakers argued at their most recent meeting in March that inflation was likely worsening, even before the government reported Wednesday that price increases re-accelerated last month

The cement industry is one of the largest emitters of carbon dioxide and is responsible for some 8% of global emissions each year

The average long-term U.S. mortgage rate rose to its highest level in five weeks, a setback for prospective homebuyers during what’s traditionally the busiest time of the year for home sales

Russia launched a major missile-and-drone assault on Ukrainian power stations, part of a new campaign to exploit delays in Western aid for Kyiv to press Moscow’s growing advantage in the third year of war. The overnight strikes hit several regions across the country, destroying a power plant in the Kyiv region and inflicting fresh damage on others that had been struck in earlier attacks. Tens of thousands of homes were left without power, according to Ukrainian officials.

Alberta-based Jennifer* is 47, divorced, has two adult children and recently lost her job. A successful professional, she was well on her way to an early retirement at age 52 or 53, but now she’s wondering if that will still be possible, and how much she’ll have to scale back her original plans.

India will be increased by 2.5 times by the year 2047, and right now around 84 per cent of India's energy is produced using coal, said Venu Gopal Mothkoor, Senior Specialist- Energy, NITI Aayog. He further added that achieving CO2 emission targets necessitates a focus on energy efficiency and demand electrification, which could potentially reduce CO2 emissions by 51 per cent by 2047. Speaking at a roundtable discussion organized by FICCI (Federation of Indian Chambers of Commerce and Industry) on 'Doubling the Rate of Energy Efficiency of Indian Industry 2030' he also underscored the pressing need to address this surge in energy requirements.

disability due to stroke around the world are increasingly linked to temperature changes driven by climate change, a new analysis of global data over three decades has found. In 2019, there were over 5.2 lakh stroke deaths linked to non-optimal temperatures, the study, published in the journal Neurology, found. While the majority of these stroke deaths — more than 4.7 lakh — were due to lower than optimal temperatures, researchers also found that number of deaths from stroke linked to higher than optimal temperatures had increased, when compared with 1990. They associated optimal temperatures with the lowest death rates. The burden of stroke «due to high temperature has increased rapidly, especially among people aged older than 10 years, and was disproportionately concentrated in low Socio-demographic Index (SDI) regions such as Africa,» they wrote in the study.

Samajwadi Party chief Akhilesh Yadav on Thursday wondered why the country's borders were shrinking and how free was its press. Yadav attended the special prayers at Aishbagh Eidgah here on Eid-ul-Fitr and greeted people on the occasion. «People are noticing that our country that was once developing, what is the state of law and order here now, what is our unemployment level, how free our press is, where are we standing on the parameters of health and poverty index? Why are our borders shrinking?» Yadav said without taking any names. «People are going to vote on these issues and they have decided to bring a change,» the former Uttar Pradesh chief minister said after initially declining to make any political comments «at the time of festivities».

Modi Sarkar’ comes amid allegations that Indian sleeper cells of intelligence agency RAW, handled by PM Modi's office orchestrated targeted killings in Pakistan. PM Modi on Thursday hailed the surgical strikes conducted by India in Uri and Balakot, and said that 'under the Mazboot Modi sarkar, atankwaadiyon ko ghar mein ghus ke mara jata hai'. The 2019 Balakot airstrike was a bombing raid conducted by Indian warplanes on 26 February 2019 in Balakot, Pakistan, against an alleged terrorist training camp.

The web3 move-to-earn app STEPN has launched a 100 million FSL Points ‘trailblazer’ airdrop campaign ahead of its partnership announcement.

Ei-ul-Fitr, while Gaza's Hamas leader Ismail Haniyeh mourned the loss of his three sons and four grandchildren in an Israeli airstrike. According to reports, an Israeli airstrike killed the sons and grandchildren of the Hamas leader on Eid. However, a Reuters report suggests that the airstrike was done without consulting Israeli Prime Minister Benjamin Netanyahu.

Ashish Kacholia portfolio: After climbing to a new peak of ₹458.85 apiece on NSE in the last week of February 2024, Fineotex Chemical share price has remained an ideal sell-on-rise stock of the Indian stock market. However, some experts believe that the Ashish Kacholia-owned stock can give sharp upside movement once it comes out of the base building mode. Market experts said that Ashish Kacholia's portfolio stock has recently given a fresh breakout on the chart pattern and it is looking bullish for the short to medium term.

WASHINGTON—U.S. intelligence reports show that an attack on Israeli assets by Iran or its proxies could be imminent, U.S. officials said Wednesday, as the top American military commander for the Middle East headed to Israel to coordinate a response.

GT vs RR IPL 2024: Rajasthan Royals skipper Sanju Samson fined ₹12 lakh for Code of Conduct breach Outlining the strategy behind the successful run chase on Thursday, Gill said, “We were targeting 45 in three overs and that is very much gettable. Fifteen runs per over you just need two hits in the over and that was the mindset at that time.

India later this month to explore opportunities in the country's huge agribusiness sector and further promote American products among India's rising middle class. «India represents a growth economy for the US agribusinesses seeking to capture an increasing share of the household food purchases in the fifth-largest economy in the world,» said Under Secretary of Agriculture for Trade and Foreign Agricultural Affair Alexis Taylor. From April 22 to 25, Taylor will lead a US Department of Agriculture (USDA) agribusiness trade mission to Delhi. «India's rising middle-class consumers' familiarity with American food products and increased purchasing power is a real opportunity for US producers,» Taylor said.

All three major U.S. stock indexes veered sharply lower at the opening bell after the Labor Department's Consumer Price Index (CPI) report landed north of consensus, a reminder that inflation's road back down to the Fed's 2% target will remain a long and meandering one.

Swarup Mohanty, Vice Chairman & CEO, Mirae Asset Global Investments, says “every fund manager will ask you to buy a good company at a good price. You have to decide how much of your portfolio is invested in good companies and the good companies are invariably the larger companies which have more from a balance sheet stability perspective. So, if you have bought more of the smaller companies, it is time to rebalance and that would be the right way of going ahead.” Good to see that despite the kind of volatility that we have seen in the stock markets, the SIP data continues unabated. What is your own expectation of what the next realistic target should be for the SIP figures on a monthly basis? Swarup Mohanty: It has become the go-to way of investing broadly for Indians. It is such a wonderful process of investing. It does allow investors to catch volatility like this and then over a period of time, the rupee cost averaging does set in. So, the process of investing through SIP is always the disciplined way and hence I think more and more Indians are catching on to it, 19,200 per month as we speak. My figure for December 2024 is 25,000. I do not see any stoppage of this at all. So, yes, I mean, great to be at the receiving end of the SIP flows.