Target Financial News
19.01 / 08:05
Target
Matthews
reports
Department
‘Don't have any private conversations..,’ US on Pakistan consulting before retaliatory strikes on Iran
US, on Thursday (local time), avoided answering a question regarding whether Pakistan had engaged in prior consultations with Washington before carrying out retaliatory air strikes on Iran. In response to media reports suggesting that Pakistan consulted with the US before conducting the strikes in Iran, State Department Spokesperson Matthew Miller, during a routine press briefing in Washington, stated, “I do not have any private conversations to read out." Also Read: Pakistan-Iran News LIVE Miller said, “The US is concerned about the escalating tensions in the region and has urged restraint on all sides." He stressed there is no need for escalation in the matter and that the country has noted the Pakistani government's comments about the importance of “cooperative relations between Pakistan and its neighbours." In response to a question on how the US administration reads the situation between Iran and Pakistan, Miller said, “We are concerned about escalating tensions in the region.
19.01 / 08:05
Target
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Trade
IndiaMART InterMESH shares surge 9.5% on Q3 earnings beat but some brokerages cut target; here's what they say
₹2,515 apiece on BSE. IndiaMART InterMESH stock price touched an intraday high of ₹2706.45 and an intraday low of ₹2,500.05.
19.01 / 07:11
UPS
Target
Manufacturing
Election
social
recommendations
Budget 2024 expectations: Nirmal Bang highlights 6 major themes that could dominate the Interim Budget 2024
Budget 2024: What is Vote on Account? Significance and more… Nirmal Bang expects fiscal consolidation in FY25 with a deficit likely at about 5.5 per cent of GDP, largely driven by moderation in government capex growth at 15 per cent. The brokerage firm highlighted the following six major themes that could dominate the Interim Budget 2024. Take a look: Nirmal Bang expects the fiscal deficit to come in at 5.5 per cent of GDP in FY25, led by moderation in capex growth to 15 per cent from an estimated 36 per cent in FY24.
19.01 / 07:11
COST
Target
security
Trade
reports
Updates
Metals & mining sector outlook: Steel companies to see near-term headwinds, says BofA; raises target for Vedanta
₹450-500 per tonne increase in domestic iron ore prices has led to spot steel spreads contracting by $75-80 per tonne. Also Read: IndusInd Bank share price falls over 2% after Q3 results; Time to buy the stock? Here’s what analysts say It forecasts coking coal prices to average $270 per tonne, however it expects prices to decline materially only in H2CY24, thus, cost pressures are likely for the H1CY24.
19.01 / 07:01
Target
Action
security
Align
Why India remains silent on Pakistan's retaliatory strike on Iran
Iran's recent air strikes in Pakistan, India has chosen a diplomatic path by refraining from direct comments on Islamabad's subsequent actions. The Indian government's muted response underscores its belief that Iran's targeted strike against the Balochi terror group, Jaish al Adl, aligns with India's persistent stance on the menace of cross-border terrorism sponsored by Pakistan. India's Anti-Terror Position The Ministry of External Affairs (MEA) issued a press release clarifying India's position on terrorism, with a spokesperson stating, «We will not be commenting on the Pakistan-Iran matter.» This statement follows the government's recent affirmation of its zero-tolerance policy towards terrorism, expressing understanding for nations resorting to self-defense measures. Historical Alignments India's tacit support for Iran's actions mirrors its own anti-terror operations on Pakistani soil in 2016 and 2019.
19.01 / 04:49
markets
COST
Target
Booking
reports
Updates
IndusInd Bank share price falls over 2% after Q3 results; Time to buy the stock? Here’s what analysts say
₹1,568.00 apiece on the BSE. IndusInd Bank on Thursday reported a rise of 17.3% in standalone net profit at ₹2,297.8 crore for the quarter ended December 2023, compared to ₹1,959.2 crore in the year-ago period. The bank’s net Interest Income in Q3FY24 grew by 18% YoY and 4% QoQ to ₹5,296 crore.
19.01 / 04:39
markets
Target
economy
2020
reports
Department
fall
US applications for jobless benefits fall to lowest level since September 2022
The number of Americans applying for unemployment benefits last week fell to its lowest level in more than a year, underscoring the resilience of the labor market amid elevated interest rates
19.01 / 04:26
markets
Target
security
economy
Fitch
show
reports
Broker
China’s biggest stock broker suspends short-selling as markets tumble- BBG
Investing.com-- CITIC Securities Co Ltd (SS:600030), China’s biggest brokerage, restricted short-selling for some clients amid growing, outsized losses in local stock markets, Bloomberg reported on Friday citing people with knowledge of the matter.
19.01 / 02:47
Target
Action
security
Matthews
reports
Concerned about escalating tensions in region...urge restraint: US on Iran-Pakistan row
Iran and Pakistan, the US is concerned about the escalating tensions in the region and has urged restraint on all sides, US State Department of State Matthew Miller said on Thursday (local time). While addressing a press briefing, Miller said there is no need for escalation in the matter. He said that the US has noted the Pakistgovernment's comments about the importance of «cooperative relations between Pakistan and its neighbours.
19.01 / 02:47
Target
Aware
reports
Budget 2024: Modest tax revenue target likely for FY25
budget a modest 9-11% increase in net tax revenue receipts in FY25 over the budget estimate for the current year in the February 1 interim budget. In absolute terms, the net tax revenue of the Centre is expected to be pegged at ₹25-26 lakh crore. In the current fiscal, the Centre has budgeted ₹23.3 lakh crore net tax revenue. The revised estimate for net tax revenue receipt in the current fiscal year, after devolution to states, will be at about the same level as the budget estimate, considering the likely shortfall in excise duty collections, people aware of the details told ET. The excise duty target for next fiscal is likely to be at ₹3 lakh crore. In the current fiscal year, excise duty collections are expected to fall short by ₹45,000 crore from the budgeted target of ₹3.39 lakh crore.
19.01 / 02:27
UPS
Target
BLOCK
Cooper
security
War
Japan signs agreement to purchase 400 Tomahawk missiles as US envoy lauds its defense buildup
Japan has signed a deal with the United States to purchase up to 400 Tomahawk cruise missiles as part of its ongoing military buildup in response to increased regional threats
19.01 / 02:11
UPS
Target
FIVE
Digital
performer
reports
Stocks to Watch: Reliance Industries, Paytm, HUL, HDFC Bank, IndusInd Bank
Reliance Industries: Mukesh Ambani-owned Reliance Industries Ltd will announce its December quarter (Q3FY24) results on 19 January, Friday. The oil-to-telecom conglomerate is expected to report a 9.3% year-on-year rise in consolidated net profit to ₹17,257 crore, aided by a steady performance of its digital and retail businesses. Consolidated revenue for Q3FY24 is likely to rise 5% YoY to ₹2.31 trillion.
19.01 / 01:49
markets
Target
BLOCK
security
reports
volunteers
Investigations
Manipur violence: 5 Meiteis dead, 4 BSF personnel injured
Manipur govt mulls to re-examine ST status of Kuki, Chin tribes With these four, at least seven people including two police commandos were killed in separate districts of the state since Wednesday. Police said they are investigating the case. According to media reports, the four Meiteis who were shot dead yesterday were tilling a farm when they came under attack.
19.01 / 01:49
Target
Reuters
security
Trade
President
reports
Traffic
Red Sea Crisis: US launches strikes against Houthi anti-ship missiles amid escalating shipping disruptions
Houthi anti-ship missiles directed at the Red Sea. As reported by Reuters, escalating tensions in the region's maritime routes have caused disruptions in global trade, leading to concerns about potential supply constraints that could potentially revive inflation.
19.01 / 01:21
COST
Target
Apple
Food
Bill
Trade
Red Sea crisis disrupts food shipment, threatens food inflation
Jindal Stainless export targets hit as Red Sea crisis escalates That’s spooking the industry. Italian exporters fear kiwi and citrus fruits will spoil on the way, Chinese ginger is getting pricier and some African coffee cargoes were briefly delayed. Grain is being diverted from the Suez Canal and a livestock carrier bound for the Middle East has changed course.
19.01 / 01:21
markets
IPO
Target
Research
President
Experts
recommendations
Buy or sell: Vaishali Parekh recommends three stocks to buy today — January 19
Buy or sell stocks for today: On account of weak global market sentiments, the Indian stock market ended lower for the third straight session on Thursday. The Nifty 50 index lost 109 points and closed at a 21,462 level, the BSE Sensex ended 313 points lower at the 71,186 mark while the Nifty Bank index finished 350 points down at the 45,713 level.
19.01 / 01:21
Target
Progressive
Airlines
country
exclusive
Investigations
Japan aims for Lunar success with smart lander mission on January 20
Japan is set to attempt a soft landing on the moon's surface with the Smart Lander for Investigating Moon early Saturday morning (January 20). The country seeks to join the exclusive club of nations achieving a successful soft landing on the moon. The United States, Russia (erstwhile USSR), China, and India have accomplished this feat, leaving Japan eager to overcome its exclusion.
19.01 / 01:21
COST
Target
Election
Healthcare
show
With falling crop prices and poll wins, big farm sops unlikely in budget
NEW DELHI : In the interim budget presented in February 2019, ahead of the last general elections, the Centre announced the flagship PM-Kisan scheme which promised a direct cash transfer of ₹6,000 every year for every farm household. The scheme, which now accounts for a lion’s share of the agriculture budget, came on the back of falling crop prices and losses for the ruling Bharatiya Janata Party in crucial state elections. Things have changed this time around.
19.01 / 00:13
18.01 / 23:41
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