Target Financial News

02.03 / 13:03
Target Remark Election President Courts rights 2018 defamation case: Hearing postponed to March 13 as Rahul cites busy schedule
defamation case against Rahul Gandhi over his alleged objectionable remarks targeting Home Minister Amit Shah was postponed to March 13 after the Congress leader's counsel sought more time saying he was busy with the Bharat Jodo Nyay Yatra. Gandhi had appeared in the special MP-MLA court on February 20 and was granted bail. The court had then fixed March 2 for the next hearing. But on Saturday his lawyer Kashi Prasad Shukla sought more time from the court. «I have got information that Rahul Gandhi is busy in Bharat Jodo Nyay Yatra. Hence, I submitted an application in the court, on which the court has fixed the next hearing for March 13,» Shukla said.
02.03 / 10:13
UPS Provident Target Cooper country reports Amit Shah launches NUCFDC, sets target to establish one urban cooperative bank in each town
Amit Shah on Saturday launched the National Urban Cooperative Finance and Development Corporation (NUCFDC) and asked the umbrella body to set up one urban cooperative bank in each town. He also said urban cooperative banks should upgrade themselves to provide ATM facility, credit/debit cards, clearing system, maintain SLR (statutory liquidity ratio) limit and refinancing. NUCFDC has received the RBI approval to function as a non-banking finance company and a self-regulatory organisation for the urban cooperative banking sector. After launching NUCFDC, Shah said, «After 20 years, NUCFDC has been established. This is the need of the hour. I am happy the RBI has given approval for this.»
02.03 / 06:27
Target show Inside consequences Videos Investigations Caught on cam: CCTV footage shows Bengaluru’s Rameshwaram Cafe blast suspect with handbag
At least 10 people, including hotel staff and customers, were injured after an explosion at the city’s popular eatery Rameshwaram Cafe on Friday. CCTV footage has emerged that allegedly shows the suspect carrying a handbag that allegedly had the bomb.
02.03 / 06:27
COST Target Progressive Aware Action Align Sustainability Sustainable energy transition powering Indian real estate
Fossil fuels have powered human progress for centuries, but their unimpeded use has left us with a ‘substantial possibility’ of the global temperature rise breaching the 2° Celsius threshold by mid-century, despite significant efforts to counter global warming. Notably, the Global North accounted for about 75% of the cumulative global emissions until the last century. But as the Global South – which includes India – moves along a similar growth curve, it is crucial to remember that it does not have the luxury of having vast reserves of fossil fuels at its disposal. Besides, India’s aspirations for a renewable energy-driven future face a challenging path. Despite significant progress, with around 43% of installed power capacity being renewable, coal-based thermal power still contributes to roughly 75% of India’s power generation due to the intermittent nature of solar and wind energy. India must balance decarbonization with industrialization to fuel economic growth and employment opportunities.
02.03 / 06:27
markets Target show performer Department Good response to road shows, ahead of likely GIC Re OFS
The government kick-started the process for additional stake sale in General Insurance Corporation (GIC Re), with roadshows in key global financial hubs including New York, Singapore, Hong Kong, Dubai and London.
02.03 / 05:19
Target community love Justice show cover reports Love Jihad, communal hatred: These Indian news channels have been warned for misleading shows causing ‘irreparable harm’
₹1 lakh, and News18 India ₹50,000. These penalties were based on complaints from activist Indrajeet Ghorpade. The term "love jihad" must be used with "great introspection as religious stereotyping amounts to violation of the Code of Ethics and can corrode the secular fabric of the country", PTI quoted the NBDSA as stating.
02.03 / 03:37
markets Target security Research trends Trade recommendations Stock market today: Nine stocks to buy or sell during special trading session on Saturday — 2nd March 2024
Day trading guide for Indian stock market today: The impressive real Q3 GDP numbers of India provided the ammunition to the bulls to catapult key benchmark indices of the Indian stock market to all-time highs. The Nifty 50 index gained 355 points and closed at the 22,338 level, the BSE Sensex shot up 1245 points and ended at the 73,745 mark whereas the Bank Nifty index finished 1166 points higher at the 47,286 level. The Indian stock market (equity and F&O) will remain open today as a part of the framework for the business continuity plan and disaster recovery site for stock exchanges and depositories and would involve an intraday shift from the primary to the disaster recovery site.
02.03 / 01:39
markets UPS Target Analysis Trade Experts recommendations Buy or sell: Sumeet Bagadia recommends three stocks to buy during special trading session on 2nd March 2024
Buy or sell stocks for today: The impressive real Q3 GDP numbers of India provided the ammunition to the bulls to catapult key benchmark indices of the Indian stock market to all-time highs. The Nifty 50 index gained 355 points and closed at the 22,338 level, the BSE Sensex shot up 1245 points and ended at the 73,745 mark whereas the Bank Nifty index finished 1166 points higher at the 47,286 level. The Indian stock market (equity and F&O) will remain open today as a part of the framework for the business continuity plan and disaster recovery site for stock exchanges and depositories and would involve an intraday shift from the primary to the disaster recovery site.
01.03 / 21:45
IPO Target Platform Reddit WSJ social reports Reddit seeks up to $6.5 billion valuation in one of year's most-anticipated IPOs - WSJ
Reddit is aiming for a valuation between $6 billion to $6.5 billion in its upcoming initial public offering (IPO), a decrease from its previous $10 billion valuation in August 2021, the Wall Street Journal reported on Friday.
01.03 / 20:35
markets Target Binance Remark Experts performer exclusive Last Days on Rebel Satoshi (RBLZ) Presale Sees Increased Demand for Tokens Amid Upward Momentum on Hedera (HBAR) and MANTA
Experienced traders point to Hedera (HBAR) and Manta Network (MANTA) as the top crypto coins to buy today based on their impressive recent performance. On the other hand, Rebel Satoshi ($RBLZ) is gaining remarkable bullish strength as the token approaches the official launch on March 4. Let’s delve into detail and find out which option could be the best crypto investment in 2024.
01.03 / 19:56
markets Target Aware Gap Mobile performer rights Additional Rs 25K crore debt won't cause much stress on Vodafone Idea: Company
Vodafone Idea's plans to raise an additional Rs 25,000 crore via the debt route won't cause any financial stress as the telco has sharply cut bank exposure — by almost Rs 35,000 crore — in the past two-and-a-half years and improved operational performance, top company sources told ET. The telecom JV of UK's Vodafone Group and India's Aditya Birla Group (ABG), in fact, is counting on the targeted funding primarily to plug its 4G coverage gaps and rein in customer losses to be able to compete more effectively with bigger rivals, Reliance Jio and Bharti Airtel in its priority markets. The Rs 25,000 crore planned debt funding is in addition to the Rs 20,000 crore that Vi plans to raise via equity and/or equity-linked instruments by the June quarter of FY25.
01.03 / 19:39
markets Target Reuters DELL Dell surges record 25% following an upbeat in IT equipment demand to handle AI boost
increasing adoption of AI, which is becoming a catalyst for growth among vendors in enterprise technology. The fresh boom for Dell Technologies came days after Nvidia added a whopping $277 billion to its market capitalization in a single day, becoming the fourth biggest company in the world. The tech giant's stock rallied 17% on the backs of strong 233% growth in current-quarter revenue and booming AI market.
01.03 / 18:51
markets UPS Target Waters show patient Posthaste: Sidelined homebuyers just waiting for the Bank of Canada to cut rates
The swift rise in Bank of Canada interest rates over the past two years has forced millions of potential homebuyers to the sidelines.
01.03 / 17:53
Target Fighting WhatsApp wellness social actress Friend TV Actress Devoleena Bhattacharjee's friend shot dead in US; seeks help from PM Modi, MEA Jaishankar
Devoleena Bhattacharjee, has reached out to Prime Minister Narendra Modi and Minister of External Affairs S. Jaishankar for assistance in the murder case of her friend and dancer, Amarnath Ghosh, who was fatally shot in the US. The 'Saath Nibhaana Saathiya' actress asked for help on her social media account on X where she penned a long note about her friend from Kolkata who was shot dead in the US on Tuesday evening. «My friend #Amarnathghosh was shot and killed in the St Louis Academy neigbourhood in the US on Tuesday evening. Only child in the family, mother died three years back, father passed away during his childhood. Well, the reason, the details of the accused are not revealed yet, or perhaps no one is left in his family to fight for it except his few friends. He was from Kolkata.»
01.03 / 17:53
markets Target Action Nestle social consequences NOT How to not get caught boycotted
political turmoil, numerous voices have advocated for boycotting products, services, brands and even nations as a mark of protest. Take the BDS — boycott, divestment, sanctions — movement, which wants to pressure Israel to change its policies towards Palestinians through various forms of economic and political actions. It first gained international attention in the early 2000s. It has targeted global business entities such as Nestle, Burger King, Disney, Siemens, HP, Puma, Carrefour and others for supporting Israel, covertly or overtly. Many governments have also taken this route. Last year, Turkish parliament withdrew Coca-Cola and Nestle products from restaurants in parliament for supporting Israel. India has done things more subtly. It used BJP's social media arm to mobilise people to boycott Chinese products after border skirmishes, and to boycott the Maldives as a tourist destination after a minister made uncharitable remarks about India.
01.03 / 14:45
COST Provident Target Food country reports Q3 GDP-GVA divergence tied to reduced fertiliser subsidy: Govt official
NEW DELHI : The divergence in gross domestic product (GDP) and gross value added (GVA) data for the third quarter of FY24 could be attributed to reduced fertilizer subsidy disbursements, said a senior government official. India's GDP spiked to a six-quarter high of 8.4% in Q3 FY24, surpassing estimates, while GVA growth stood at 6.5% during the same period, according to data from the statistics ministry.
01.03 / 13:53
UPS Target Bill rights International IRS targets those with high incomes who haven’t filed tax returns, some since 2017
With tax filing season underway for 2024, the Internal Revenue Service is chasing 125,000 case of people with six- or even seven- figure incomes who have not filed their returns, some since 2017.
01.03 / 13:04
UPS Target Aware Manufacturing awards Bill orienteering Besco bags Rs 485 crore order to supply 1,200 wagons to Indian Railways
Indian Railways has awarded a Rs 485.09 crore tender to Kolkata's Besco Limited for manufacture and supply of 1,200 wagons. A third of these wagons need to be delivered by December 2024-end. According to officials aware of the development, the balance wagons will be delivered in two batches of 400 each by December 2025-end. This tender was awarded to Besco earlier this week. Besco will be supplying Bogie Open Wagon type (BOXNS) wagons which are primarily used for ferrying coal and steel on the national transporter. The Railways will be billed Rs 34.26 lakh per wagon by Besco which will be manufactured in West Bengal’s 24 Parganas (South). This rate has been arrived after a counteroffer made by the Railway Board in December 2023. This is the fifth tender awarded by the Indian Railways for procuring BOXNS wagons in the current fiscal. The first and largest of these tenders has been awarded to Kolkata’s Jupiter Wagons which will supply 4,000 wagons, totalling a tender value of Rs 1,616.96 crore. Texmaco Rail and Engineering, another Kolkata headquartered firm bagged the second largest BOXN wagon tender awarded this fiscal for Rs 1374.41 crore to supply 3,400 units.

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