Target Financial News
06.03 / 12:09
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85% Paytm wallet users not to face disruption; rest asked to link wallet to other banks: RBI Guv
Paytm wallet users will not face any disruption because of regulatory actions, and the remaining users have been advised to link their apps to other banks, RBI Governor Shaktikanta Das said on Wednesday. The Reserve Bank of India on January 31 barred Paytm Payments Bank Ltd (PPBL) from accepting deposits, credit transactions, or top-ups in any customer accounts. The deadline for linking the wallet attached with PPBL with other banks has been fixed for March 15, the governor said, ruling out any further extension.
06.03 / 12:07
markets
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Your Questions Answered: How is the Nifty 200 Momentum 30 Index different from Nifty 200 Index?
high-momentum stocks within the Nifty 200 universe. However before we understand what the Nifty 200 Momentum 30 Index is, it is important that we understand what the Nifty 200 Index is. The Nifty 200 is a broad-based market capitalization weighted index launched by the National Stock Exchange of India (NSE) in 1993.
06.03 / 11:52
06.03 / 11:51
Target
WhatsApp
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social
Over 11 lakh Rajasthan women to become 'Lakhpati Didi' in 3 years, says CM
state government is determined to uplift women power and more than 11 lakh women of the state will become 'Lakhpati Didi' in the next three years. Sharma was virtually addressing a function organised in Jaipur on the occasion of the conclusion of the nationwide 'Shakti Vandan Abhiyan'. According to an official statement, Sharma said under the guidance of Prime Minister Narendra Modi, the central and state governments are working with determination for the upliftment of women power. He said in the last 10 years, the central government has launched many schemes to empower women economically and socially.
06.03 / 11:17
06.03 / 10:47
06.03 / 10:47
Target
Manufacturing
CEO
economy
Tesla
reports
German police authenticate letter from group claiming responsibility for Tesla arson
FRANKFURT (Reuters) -German police believe a letter by a far-left group claiming responsibility for an arson attack that forced Tesla (NASDAQ:TSLA)'s European Gigafactory to shut down is authentic, a spokesperson for police in the state of Brandenburg said on Wednesday.
06.03 / 10:47
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European stocks edge higher ahead of UK budget, Powell's Congress testimony
Investing.com — European stock markets edged higher Wednesday in cautious trading, as investors awaited the U.K. Budget as well as congressional testimony from Federal Reserve Chair Jerome Powell, ahead of a European Central Bank rate-setting meeting later in the week.
06.03 / 10:25
markets
UPS
Target
Analysis
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Algotech Madness: 45 Million ALGT Tokens Sold While Cardano Struggles Near $1 Target
Algotech (ALGT) defies expectations and makes a mark in the crypto market. In a presale frenzy, over 45 million ALGT tokens have been snapped up, leaving investors and enthusiasts in awe. Meanwhile, Cardano (ADA) grapples with its elusive $1 target.
06.03 / 08:45
UPS
Target
economy
country
reports
Updates
China's central bank governor says there's room to cut banks' reserve requirements
BEIJING — China's central bank governor said there was room to further cut banks' reserve requirements, and pledged to utilize monetary policy to «mildly» prop up consumer prices.
06.03 / 08:37
markets
Citi
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FIVE
PTC
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Dividend Stocks: Coal India, ONGC, Tech M, ITC among top 10 picks by Religare Broking
Coal India, 360 One Wam , Gujarat State Fertilizers & Chemicals Ltd, Gujarat Narmada Valley Fertilizers & Chemicals Limited, Oil and Natural Gas Corporation , Tech Mahindra, PTC India, ITC , Power Grid Corporation of India , Oil India are amongst top 10 dividend yield picks of Religare Stock Broking. The dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price. Dividend yield of 3-5% or more is considered to be good.
06.03 / 08:37
Target
Election
reports
Lok Sabha polls 2024: NDA seat-sharing finalised in Maharashtra, announcement soon, say sources
Bharatiya Janata Party (BJP) is likely to field candidates on 29 of the 48 seats in Maharashtra, according to a report in Republic news channel. Another report, however, suggested that the BJP is expected to contest elections on more than 32 seats in the state. Also Read: Lok Sabha Election 2024: What's happening at BJP, NDA seat-sharing talks? Union Home Minister Amit Shah held a late-night meeting with the leader of the alliance partners during his Maharashtra visit on Tuesday, amid reports of Shinde-led Sena and NCP pushing for a higher number of seats.
06.03 / 08:37
COST
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IPO
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security
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Financial
Trading below IPO price, 3 brokerages initiate coverage on Fedbank Financial Services with ‘buy’, sees up to 47% upside
Federal Bank arm Fedbank Financial Services (FedFina) is currently trading below its IPO price of ₹140, three brokerages have initiated coverage on the NBFC stock with buy calls and sees an upside potential of up to 47 percent. Currently trading at ₹125, FedFina is down almost 11 percent from its issue price. The stock witnessed a weak debut and was listed on the bourses at ₹137.7 on November 30.
06.03 / 07:55
markets
Citi
Target
Manufacturing
economy
country
reports
Analysis-Can China maintain growth and 'transform' its economy at the same time?
By Joe Cash, Ellen Zhang and Kevin Yao
06.03 / 07:41
UPS
Citi
Provident
Target
Remark
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performer
Mahanagar Gas stock tumbles 16% to hit 6-week low after Citi cuts target price
Mahanagar Gas, the leading city gas distributor in Mumbai and surrounding areas, tumbled 16.2% to ₹1,305 apiece in today's intraday trade, reaching a 6-week low. This sharp decline was triggered by a rating downgrade from 'Buy' to 'Sell' by the global brokerage firm Citi. The brokerage also lowered the target price from ₹1,480 to ₹1,405 apiece, citing concerns about the drop in margins.
06.03 / 07:07
markets
COST
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Manufacturing
Strategy
Celebrity
country
The new Indian textile boom: 3 stocks for your watchlist
India's textile industry, 26 February was a big day, marking a significant milestone with the inauguration of the Bharat Tex Expo at Bharat Mandapam (IECC) in the national capital by Prime Minister Narendra Modi. The expo, celebrated as the world's largest textile event, attracted over 3,000 exhibitors, 3,000 buyers, and 40,000 visitors from more than 100 countries.
06.03 / 07:07
Target
Booking
Strategy
Yellow
Research
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Experts
Gold price today: Gold rate trades lower; what should be your strategy for MCX Gold today?
Mint Primer | India and the Red Sea sharks: crisis without an end? Meanwhile, MCX Gold traded 0.14 per cent lower at ₹64,756 per 10 grams around 11 am. Experts expect gold prices to remain volatile for the session. They advise one should keep the key support and resistance level in mind while trading in the yellow metal today.
06.03 / 07:07
markets
UPS
Target
Booking
Action
Updates
IIFL Finance says Fairfax India to invest up to $200 million in liquidity support
IIFL Finance said in a regulatory filing. “We have been long-term investors in the IIFL group of companies and have full trust and confidence in the company's strong management team led by Nirmal Jain and R Venkataraman. We are confident that Nirmal and Venkat will take corrective actions to meet and exceed RBI's compliance standards," said Prem Watsa, Chairman of Fairfax India.
06.03 / 07:07
markets
COST
Target
security
Trade
performer
Multibagger stock: Electrosteel Castings zoomed over 380% in a year; is there more upside left?
Electrosteel Castings (ELSC). A year ago, shares of Electrosteel Castings were priced at ₹33.85 each. Today, they are trading at ₹163.25, marking an impressive gain of 382%.
06.03 / 05:41
Citi
Target
Align
Metro
students
cover
Schools
PM Modi inaugurates India's 1st under-river metro section in Kolkata, takes a ride with school students | 5 points
All you need to know about India's 1st under-river metro section in Kolkata The Howrah Maidan-Esplanade section passes under the River Hooghly, on the east and west banks of which are situated Kolkata and Howrah City. The 4.8 km stretch between Howrah Maidan and Esplanade is the second section of the East-West Metro corridor between Howrah Maidan and the IT hub Salt Lake Sector V.
06.03 / 05:17
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Target
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Asia FX muted, dollar steadies with Powell testimony on tap
Investing.com-- Most Asian currencies moved little on Wednesday, while the dollar steadied from recent losses as markets hunkered down in anticipation of more key cues on U.S. monetary policy.
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