Target Financial News

A crusading Brazilian Supreme Court justice is adding Elon Musk to an investigation over the dissemination of fake news and investigating him separately for alleged obstruction

Boeing CEO David Calhoun is getting compensation valued at $33 million for last year, nearly all of it in stock awards

Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, would-be homeowners — pretty much everyone — began obsessing over a single question: When will the Fed start cutting rates

Two lawmakers from opposing parties are floating a new plan to protect the privacy of Americans' personal data

The Labor Department releases its March report on prices at the consumer level Wednesday

Procter & Gamble is recalling more than 8 million bags of Tide, Gain, Ace and Ariel laundry detergent packets sold in the U.S. and Canada

declining central pool stocks of essential food grains. The past two years have seen India's wheat production hit by severe heatwaves, leading to reduced domestic supplies and increased prices. Consequently, the government has had to release stocks from the central pool to stabilize prices.

by Paul Deegan   

Pakistan branded few Indians as Research and Analysis Wing (RAW) agents and accused them of targetted killings in the country, Dubai-based Ashok Kumar Anand, one of the accused, has called the allegations to be ‘false and unfortunate’. Anand called himself as a simple businessman and rejected Pakistan's claims of his connection with the Indian agency. Moreover, he also said that he is facing death threats after Pakistan's claims about his link with the killings, reported India Today.

Invest4Edu, an education fintech firm, has onboarded Hemika Tanwar as cofounder and chief people officer along with Chintan Kotak as cofounder and global business head. The company said these co-founders bring a wealth of experience, specialisms and cohesive vision to deliver fast and consistent growth. The company said it aims to expand its team, targeting India's burgeoning $2.5 billion ed-fintech market opportunity, competing with local and international players.

Mehbooba Mufti on Monday alleged her party became the «biggest target» after the abrogation of Article 370 in 2019 and its leaders were either «lured or blackmailed» to break away from it. Mehbooba, who is contesting the upcoming Lok Sabha polls from Anantnag-Rajouri seat, was speaking to reporters after visiting the grave of her father and PDP founder Mufti Mohammad Sayeed in Bijbehara here. «After 2019, the PDP became the biggest target. The party was broken and our leaders were either lured or blackmailed to break away from the party. I tried to raise my voice against their oppression after 2019 and me and my family members have faced many difficulties due to that, but I stood my ground,» the PDP chief said without naming anyone. «They think that if my voice reaches the Parliament, they might face problems,» she said.

₹13.8 crore in 2024, 40% higher than pre-covid levels, according to the Deloitte India Executive Performance and Rewards Survey. The average salary of junior executives is estimated to have grown at about half that rate over the same period. According to the survey, every second CEO has a target compensation of more than ₹10 crore in 2024, compared with every third CEO in 2020.

artificial intelligence and deepfake technology to influence the electorate and mislead the public. Prime Minister Narendra Modi, in a recent conversation with Microsoft cofounder Bill Gates, highlighted the dangers of deepfake videos, saying important measures should be taken while using AI in the tech era.

South Korean tax officials in the city of Pohang are set to seize crypto from 5,208 residents who failed to pay local taxes.

In a statement posted on social media, Vern’s Holdings expressed regret over the design's shortcomings and clarified that there was no intention to belittle or insult any religion or belief. The company has taken immediate action to stop sales of the shoes and has promised refunds to customers who purchased them.

Aditya Arora, Adlytick, says he would like to go with Reliance. It is doing well after a long time. So, Reliance could be bought at Rs 2970. Rs 2900 is the stop loss and Rs 3070 is the target. The second one is Cipla from the pharma space. This could be bought at Rs 1471, Rs 1430 is the stop loss and Rs 1540 is the target. Today, Nifty seems to have comfortably crossed the 22,500 mark that it has been holding on for quite a long time. Do you expect this up move or Nifty to now comfortably stay above the 22,500 levels? Aditya Arora: The participation is good from the Reliance end, but auto is also doing well. However, other heavyweights are not participating. I would calculate the decisive breakout would come above 22,800 in Nifty futures and decisive breakout in Bank Nifty would come above 49,200. I would be bullish once these levels are crossed and sustained.

Samsung retailers in the rest of Maharashtra region have called for a protest in Pune against the South Korean smartphone major over uncleared dues to the tune of Rs 50 crore pending for over a year. State retailer association has raised concerns over inaction within Samsung’s teams after making commitments of clearing the pending dues which arose due to a change in guard in distributorship in the region. Samsung ended a long-standing distributor relationship with SSK, which is part of the Syska group in March 2023 in Maharashtra, appointing two new distributors — Bengaluru-based ABM Group and Kolkata-based Karuna Marketing, ET reported last year in June.

Trinamool Congress delegation will meet Election Commission officials in New Delhi on Monday to complain about «misuse» of central investigating agencies against TMC leaders and party candidates. The delegation will be led by TMC's Rajya Sabha leader Derek O'Brien and MP Dola Sen is also likely to meet the full bench of the Election Commission. «The BJP is misusing central agencies against us. The way NIA, ED and CBI are working and targeting TMC leaders is shameful. We would request the EC to ensure a level playing field for all political parties,» Sen told reporters at the airport before leaving for New Delhi. The TMC alleged on Sunday an «unholy alliance» between the National Investigation Agency (NIA) and BJP ahead of elections, prompting the central investigating agency to deny any mala fide intention and label the entire controversy as «unfortunate».

The uptick was on account of slippages in the dollar index (DXY) which was hovering near the 104.25 mark, down by 0.05 or 0.04%. It has declined 0.73% over the last five trading sessions.

Wipro on Monday fell around 1% to the day's low at Rs 479 on BSE after investors were left surprised by the sudden exit of the Bengaluru-based IT major's CEO and MD Thierry Delaporte. About half of the brokerages have a sell rating on the Nifty IT stock as they believe that transition could create uncertainty in the near term before boosting hopes of a potential turnaround. Among global brokerages, CITI has a sell rating on Wipro with a target price of Rs 440, CLSA Rs 445 with a sell rating, and Morgan Stanley Rs 450 with an underweight call. Jefferies has an underperform rating on Wipro with a target price of Rs 470 while Nomura has maintained a reduced rating with an unchanged target price of Rs 410.

Stock market today: On account of weak global cues, the Indian stock market ended flat on Friday last week. Out of three frontline indices, the Nifty 50 and the BSE Sensex ended flat whereas the Bank Nifty index surged 0.90 percent by adding around 432 points on the previous session. The board market also outshined the Nifty 50 index as both small-cap and mid-cap indices finished 0.50 percent higher on the last session of the week gone by.