Target Financial News

09.02 / 16:44

markets IPO Target reports Jefferies downgrades ITC, slashes target price to ₹430

₹520 to ₹430. “We reduce our target multiple on cigarette business to 18x from 25x, given the overhang, as highlighted above. Downgrade ITC to Hold, with a revised PT of ₹430 (vs.

09.02 / 16:25

markets Target Booking Platform performer travelers EaseMyTrip Q3 results: Net profit rises by 9.5% to ₹45.7 crore; EBITDA grows to ₹65.4 crore

₹45.7 crore in Q3 FY24 against ₹41.2 crore in the year ago period. Its net consolidated revenue increased by 18.1% YoY to ₹160.8 crore in the quarter ending December against ₹136 crore in Q3 FY23. Its EBITDA increased to ₹65.3 crore during the quarter under review.

09.02 / 15:59

markets COST Target economy show shock NOT Bank of Canada deliberations show ‘rate cuts are not imminent,’ economist says

The Bank of Canada’s top officials cited a “mixed picture” on the direction for underlying inflation and the Canadian economy in deciding to hold its benchmark interest rate late last month, newly released deliberations show.

09.02 / 15:18

markets Provident Target FIVE President Experts Govt targets to sell 40-45 tonnes of SGBs in FY25

By Rajesh Bhayani,

09.02 / 14:40

markets Target Progressive economy Remark President show Fed Governor Kugler backs caution on rates; Kashkari expects only two or three cuts

Federal Reserve Governor Adriana Kugler said Wednesday inflation is showing solid signs of slowing down, but she is not ready yet to start lowering interest rates.

09.02 / 14:29

markets Target DOW economy trends Nasdaq Eyes 16K, S&P 500 Whisker Away From 5k, Dow Jones Lags Behind: What's Next?

The bull market rages on, so far undeterred by the likely delay in interest rate cuts and hawkish statements from Fed officials.

09.02 / 13:59

markets Target economy Election CBS Interviews Powell insists the Fed will move carefully on rate cuts, with probably fewer than the market expects

Federal Reserve Chair Jerome Powell vowed in an interview aired Sunday that the central bank will proceed carefully with interest rate cuts this year and likely will move at a considerably slower pace than the market expects.

09.02 / 13:24

Target Action community isolate Schools Colleges peace NOT Haldwani violence: DM says incident not communal, demolition peaceful, mob attacked force

Haldwani on Friday to assess the situation. The state government issued a high alert across the state on Friday, and security was tightened in Banbhoolpura. Meanwhile, the district administration has ordered the suspension of internet services and the closure of all schools and colleges.

09.02 / 12:43

markets UPS Citi Target CEO Software Microsoft's Nadella woos Indian developers to the company's AI tools

Microsoft CEO Satya Nadella has urged more than a thousand Indian computer code developers to use the company’s artificial intelligence tools being deployed across its products

09.02 / 12:36

markets Target SEC Bill Universities stars Bill Ackman targets Main Street investors with new Pershing fund

Hedge fund mogul Bill Ackman is looking to meet individual American investors where they are with his next investment fund.

09.02 / 12:34

markets Provident Target ETF EBAY Platform reports 3 Tech Stocks With Massive Potential as AI Frenzy Continues

Amidst the ongoing surge of interest in artificial intelligence (AI) technologies, investors are eagerly seeking out opportunities in the stock market that promise significant growth potential.

09.02 / 12:04

markets UPS Target Food Trade stage reports Delivery Hero reverses losses to climb 5% after reporting sales growth in line with targets

In this article

09.02 / 11:39

BTC Target Digital ETF MicroStrategy Trade Bitcoin surges Bitcoin Price Prediction: BTC Surges to $46,000 Amidst ETF Boom & Economic Warnings

As Bitcoin trading around the $46,000 mark with a notable 3.50% surge on Friday, the cryptocurrency world braces for the impact of external financial narratives. Amidst this, MicroStrategy faces a recalibrated price target post-earnings call by BTIG, signaling shifting investor sentiments.

09.02 / 11:30

COST UPS Target CEO Strategy wellness Petronet draws Rs 40,000 crore investment plan to treble profit by 2028

Petronet LNG Ltd, the operator of the world’s largest liquefied natural gas (LNG) import terminal, will invest Rs 40,000 crore in expanding import capacity and petrochemicals with a target to treble net profit by 2028, its CEO A K Singh said. Petronet is making a foray into the petrochemical business by investing Rs 12,685 crore in a propane dehydrogenation plant that will convert imported feedstock into propylene, as well as setting up an LNG import facility at Gopalpur in Odisha at a cost of Rs 2,300 crore, he told reporters on the sidelines of India Energy Week here.

09.02 / 11:21

markets UPS Target Extreme performer 2020 reports S&P 500 Set to Hit 5000 Milestone, but History Warns of a Looming Correction

In September 2021, I discussed how the market had set its sights on the S&P 500 index hitting 5000. To wit.

09.02 / 11:00

markets COST UPS Target reports UBS beats earnings expectations, announces up to $1 billion share buyback

Swiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that it would recommence share buybacks worth up to $1 billion in the second half of the year.

09.02 / 10:38

markets Target Reuters Browser Research recommendations Podcasts Barclays to adopt fresh curbs on oil and gas financing

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

08.02 / 14:23

COST Target economy wellness Czech central bank cuts interest rates for the second straight time to help economy

The Czech Republic’s central bank has cut its key interest rate for the second straight time in an effort to help the struggling economy

07.02 / 21:32

UPS Target Strategy economy wellness stage recommendations This budget’s fiscal finesse favours the entire economy

₹300 billion) to 5.8% of gross domestic product (GDP), despite weaker-than-expected nominal GDP growth. Further, by targeting a fiscal deficit of 5.1% of GDP for the next year (lower than the 5.2% recommended by very few, including us), the government clearly signalled that achieving a fiscal deficit of 4.5% in 2025-26 is now a feasible goal. This is a clear and emphatic message from the government that it prioritizes long-term macroeconomic stability, even if it involves sacrificing some short-term growth.

07.02 / 21:32

COST Provident Target Analysis wellness country Features The interim budget features hits and misses on climate pathways

India’s interim budget for the year 2024-25 was presented earlier this month with an accompanying analysis of impacts on various sectors. As has been pointed out by many over the last week, several positive indications have been provided for sectors enabling low-carbon pathways for the country.

07.02 / 21:29

markets Target economy Sustainability Remark pandemic reports Jerome Powell reduced Fed flexibility by going off-script

For several months, I have pushed back against the market expectation that the US Federal Reserve’s cycle of interest-rate cuts would start as early as March. Last fortnight, I said that June was much more probable.

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