Target Financial News

Buy or sell stocks: Despite strong global market sentiment on a possible US Fed rate cut buzz, the Indian sock market reamianed range-bound on Thursday last week. The Nifty 50 index added 19 points and closed at 22,493 level, the BSE Sensex went up 33 points and ended at 74,119 mark whereas the Bank Nifty index finished 129 points lower at 47,865 level. However, the broad market witnessed buying interest as the small-cap index went up 0.70 percent while the mid-cap index shot up 0.39 percent.

Ministry of Coal (MoC) has showcased exceptional performance in various key areas, surpassing targets and setting new benchmarks in the fiscal year 2023-24. According to a press release by the Ministry of Coal, through robust initiatives and strategic planning, MoC and its associated Public Sector Undertakings (PSUs) have made significant strides in capital expenditure (CAPEX), asset monetization, and procurement through Government e-Marketplace (GeM). MoC's CAPEX targets have witnessed a remarkable trend of overachievement in recent years. In the fiscal year 2023-24, MoC set a CAPEX target of Rs 21,030 Crore.

PNB, Chambal Fertilisers and Havells are the top 3 stock picks of Rupak De, Senior Technical Analyst at LKP Securities for the week ahead. Edited excerpts from a chat in which he also talks about the market outlook and whether largecaps will dominate the market.

Yemen's Houthi rebels on Friday set off explosions ahead of a Singapore-flagged vessel in the Gulf of Aden, authorities said. The attack targeted the bulk carrier Propel Fortune, which continued on its way, according to the United States military's Central Command. «The missiles did not impact the vessel,» Central Command said. «There were no injuries or damages reported.» The Houthis did not immediately claim responsibility for the attack. A statement from Houthi military spokesperson Brig. Gen. Yahya Saree was delayed on Friday night over «urgent military developments in the theatre of military operations», according to the rebel-controlled SABA news agency. He was scheduled to speak on Saturday.

The Nifty closed at 22,494 on 7th March with a gain of 115 points on a weekly basis.

J.P. Morgan believes Bitcoin spot ETFs likely won’t see much AUM growth in the long term based on valuations of the asset next to gold.

finance ministry ordered state-run banks to review gold loan processes amid fears about risky debt given a rally in prices of the metal, said people familiar with the matter. The worry is that the surge led to lenders giving top-up loans over existing debt, said people familiar with the matter. In a February 27 letter to all PSU bank chiefs, the department of financial services (DFS), part of the finance ministry, has asked banks to review every gold loan account since January 1, 2022, assess the collateral value, analyse collection charges and check if there has been any evergreening. The concern comes amid a 17% rise in gold loans on a year-on-year basis and a 16.6% rally in the yellow metal's prices. Loans against gold jewellery stood at ₹1,01,934 crore as of January 26 and gold prices have touched a high of ₹65,140 per 10 grams on March 5. The finance ministry stated that it had noticed instances of non-compliance regarding the gold loan portfolio and had hence issued the directive.

(Reuters) — New York Community Bancorp (NYSE:NYCB) said on Friday incoming CEO Joseph Otting will receive an annual base salary of $1.25 million and as of March 6 received a one-time option to acquire 15 million shares of the company's common stock.

By Ananya Mariam Rajesh

three of its four leases in the Butler Valley Basin would not be renewed. Fondomonte was simultaneously notified that the fourth lease would be canceled as well.

Helldivers 2, the sequel to Helldivers, offers intense third-person gameplay with challenging enemies like the Bile Titans. This guide provides tips on locating and defeating these formidable foes, as per a Dexerto report.

₹2,000 crore or ₹6,000 crore turnover in India alone had warranted CCI approval. This has been revised to a combined asset threshold of ₹2,500 crore and turnover threshold of ₹7,500 crore. In the case of businesses with cross-border presence, the threshold since 2016 has been aggregate assets of $1 billion, out of which at least ₹1,000 crore of assets should be in India or combined sales of $3 billion, out of which at least ₹3,000 crore should be from India.

NVIDIA's (NASDAQ:NVDA) red-hot stock is adding to recent momentum in early trading Friday, with the stock up another 2.8% and over the $950 mark.

Rivian Automotive (NASDAQ:RIVN) founder and chief executive RJ Scaringe tweeted Friday that the company has received a significant number of reservations for its R2 model.

competition law with respect to mergers and acquisitions that are also expected to reduce the regulatory burden on the Competition Commission of India (CCI). Notifications have been issued by the corporate affairs ministry related to Section 5 of the competition law. Section 5 pertains to combinations. Vaibhav Choukse, Partner and Head of Competition Law at JSA Advocates and Solicitors, said it is an important development concerning M&As in the country. «The government has increased the existing financial thresholds as prescribed under Section 5 of the Competition Act by 150 per cent. Further, the De Minimis or the Small Target Exemption thresholds have also been increased. This is in line with the government motto of ease of doing business in India as less M&A deals would require CCI approval,» he said.

Fear of crime on subways and buses is back as a top concern in some big U.S. cities, and so are efforts aimed at persuading the public that officials are taking the issue seriously

A lot of Bollywood directors who claim to be feminists are just empty vessels that make the most noise, without actually making a difference where it counts, feels director Anurag Kashyap. In an interview with Outlook India, the ‘Gangs Of Wasseypur’ director slammed feminist directors, accusing them of hypocrisy. In a session held on Women’s Day, the director, known for films such as ‘Dev D’, ‘Ugly’, ‘Black Friday’ etc explained that while many seemingly progressive directors are willing to talk the talk, they are not so ready to walk the walk, when it comes to social issues. He also called a lot of his contemporaries “frauds.”

The top executives at three of Canada’s biggest banks took home less than their target pay last year, according to new filings.

HASHTAG FITNESS Home Gym Set This home gym equipment set from HASHTAG FITNESS is everything you need for a complete workout at home. With a total weight of 30kg, including 5kg x 4 dumbbells and 2.5kg x 4 weights, it's perfect for strength training. The package also includes a sturdy 5ft straight bar with a user weight capacity of 100kg, a 3ft curl bar, 2 dumbbell rods, hand grippers, gloves, a wooden skipping rope, and 4 spring locks for safety.

Rahul Gandhi, from Wayanad in Kerala, Shashi Tharoor from Thiruvananthapuram in Kerala, former Chhattisgarh Chief Minister Bhupesh Baghel from Rajnandgaon, former minister Tamardwaj Sahu from Mahasamund and Jyotsna Mahant from Korba seats in Chhattisgarh. DK Suresh will contest from Bangalore Rural in Karnataka, K Sudhakaran from Kannur. Congress general secretary KC Venugopal will contest from Alapuzza.

NEW DELHI, MUMBAI : The proposed free trade agreement between India and the European Free Trade Association is unlikely to address the issue of carbon tax—a key concern for domestic steelmakers looking to export to Europe. The two trading partners will instead address the issue through a separate pact later, two government officials told Mint. EFTA and India are likely to sign a free trade pact on Sunday, these officials said.