Target Financial News

Subscribe to enjoy similar stories. NEW DELHI : As India ramps up efforts to expand its nuclear power capacity, Belgium-headquartered engineering firm John Cockerill is positioning itself to supply key services and equipment for upcoming projects, chief executive Francois Michel said in an interview. The company, which has deep roots in the nuclear sector, is also looking to establish cooling towers for these plants through its subsidiary, John Cockerill Hamon.

buy call on EPL with a target price of Rs 270.0. The current market price of EPL is Rs 193.55. EPL, incorporated in 1982, is a Mid Cap company with a market cap of Rs 6182.57 crore, operating in the Packaging sector.

European Commission's proposal to ease emission targets would enable struggling automakers to keep profits flowing from fossil fuel models but could potentially stall Europe's shift to electric vehicles and climate progress. European car companies, already beset by Chinese competition, had been warning that they would struggle to meet the ambitious 2025 carbon dioxide (CO2) reduction target, which exposed the sector to hefty fines. The European Union's executive arm proposed on Monday to give automakers three years to meet the target, a change that must now be approved by EU states and the bloc's parliament.

Jefferies, JPMorgan, and Morgan Stanley have shared their views on Varun Beverages, M&M Financial Services, and Polycab India, respectively, maintaining positive ratings and raising target prices.

China on Wednesday increased its defense spending by 7.2% this year, the same growth rate as in the prior two years, as Beijing seeks to «firmly safeguard» its national security.

Subscribe to enjoy similar stories. • AMI Organics: Buy at current market price and dips to ₹2,250, stop ₹2,230, target ₹2,500-2,550 This chemical stock has been undergoing a lot of pain and was subject to some intense sell-off. The last few days have been spent in consolidation, and now, with volatility expanding to the upside, one can look at some potential rise in store.

China on Wednesday set its GDP growth target for 2025 at «around 5%» and laid out stimulus measures to boost its economy amid escalating trade tensions with the U.S.

BEIJING — China on Wednesday announced plans to raise its fiscal deficit to «around 4%» of gross domestic product, a rare increase that marks a meaningful shift in policy.

Directorate of Revenue Intelligence (DRI) has arrested Kannada actress Ranya Rao at Bengaluru’s Kempegowda International Airport for allegedly smuggling 14.8 kg of gold, valued at approximately Rs 12.5 crore. Officials confirmed the arrest on Tuesday, stating that she was apprehended on Monday night and subsequently presented before an economic offences court, which remanded her to 14 days in judicial custody. According to PTI, Rao had arrived from Dubai on an Emirates flight and was reportedly under surveillance due to her frequent international travel. Authorities became suspicious after noting that she had visited Dubai four times within just 15 days, prompting them to conduct a targeted operation upon her return. Investigators revealed that the actress had allegedly smuggled the gold by wearing a significant portion of it and concealing gold bars within her clothing. Upon landing, she reportedly attempted to use her connections to evade customs checks. According to sources, Rao claimed to be the daughter of Karnataka's Director General of Police and even contacted local police personnel to escort her home.

Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr has resigned and will finish in the role on March 31, New Zealand's central bank said on Wednesday. «I leave the role with consumer price inflation at target, and an economy in a cyclical recovery following the long period of COVID-related disruption. The financial system remains sound,» Orr said in a statement. Deputy Governor Christian Hawkesby will be the acting governor until March 31, the statement said.

Adani Wilmar, Ola Electric, Ambuja Cements, Power Grid, JSW Energy among others will be in focus due to various news developments. ONGC Indian oil explorer Oil and Natural Gas Corp said its unit acquired clean energy firm PTC Energy for Rs 925 crore ($106.02 million) as the company looks to ramp up its green energy portfolio.

Here's a look at the decision and its implications. How much of Ukraine's aid comes from the US?

China is keeping its economic growth target at «around 5%» for 2025 despite a looming trade war with the United States and other headwinds. The target for GDP growth was announced Wednesday in a report being presented by Premier Li Qiang at the opening session of the National People's Congress, the annual meeting of China's legislature. It gives an indication of how ambitious the government is about boosting growth in challenging economic times. The IMF has projected China's economy will grow 4.6% this year, down from 5% in 2024, according to Chinese government statistics.

Subscribe to enjoy similar stories. New Delhi: The government is likely to raise about ₹10,000 crore from divestment proceeds in FY25, with a large bulk coming from the Offer for Sale (OFS) route, two people aware of the matter said. During the first 10 months of the ongoing fiscal, the Centre has raised about ₹8,625 crore through disinvestment transactions, the people mentioned above said.

Subscribe to enjoy similar stories. On 4 March, the Sensex and Nifty declined due to the impact of new US tariffs on major trading partners such as China, Canada, and Mexico. These tariffs unsettled global markets and hurt investor confidence.

Subscribe to enjoy similar stories. Indian stock markets opened with a gap-down on 4 March, setting a weak tone for the day. After an initial dip, the benchmark Nifty 50 moved sideways, consolidating within a narrow range throughout the session.

Elon Musk’s alleged recent baby mama, Ashley St. Clair, is portrayed in recent disclosures from a former friend as being cunning and manipulative in her interactions, including her purported relationship with Elon Musk. A former coworker describes how St. Clair manipulated stories, disseminated secrets, and even betrayed a pledge to a significant figure in the cryptocurrency industry. Her previous actions are now being closely examined.

Trump justifies tariffsTrump has defended the tariffs as necessary for national security and economic growth. "These tariffs will bring back American jobs, protect our industries, and force our trading partners to treat us fairly," he said in a press conference.He accused Canada and Mexico of failing to curb illegal immigration and drug trafficking, particularly fentanyl.

electric vehicles globally by 2030, José Muñoz, President & CEO of the Hyundai Motor Company (HMC) said. Munoz, who was in India to review operations at the Indian subsidiary Hyundai Motor India Limited (HMIL), said, the company is committed to make EVs more accessible and suited to needs of Indian consumers. “With HMC’s target to sell 2 million EVs by 2030 globally, India will play an important role in achieving this milestone”, Munoz said, adding, “HMC will continue to support HMIL to expand its EV offering and invest in the necessary infrastructure to support this shift.” Hyundai Motor India — which launched the Creta EV earlier in January this year targeting customers in the mainstream market — plans to launch three more EVs in the coming years. Prior to the launch of the Creta EV, the company had a sole electric vehicle Ionia 5 on sale (at the upper end of the local passenger vehicle market).

The chief minister, who also holds the finance portfolio, also presented supplementary demands for grants for the current fiscal (2024-25) amounting to Rs 3,512.33 crore. There was no proposal for levying new taxes in the budget.

Aaditya Thackeray on Tuesday demanded the dismissal of the Devendra Fadnavis-led government and imposition of President's rule in Maharashtra in view of the «deteriorating» law and order situation in the state. He was speaking to reporters here in the wake of the resignation of state minister and NCP leader Dhananjay Munde, days after his close aide Walmik Karad was named as the mastermind in the Beed sarpanch murder case. He said only Munde's resignation was not sufficient considering the law and order situation in the state. Deshmukh, the sarpanch of Massajog village in Beed, was abducted, tortured and murdered on December 9 last year allegedly for attempting to stop an extortion bid targeting an energy company in the district. Talking to reporters, Thackeray said, «Resignation (of Munde) is not enough. The government should be dismissed and President's rule should be imposed in the state.» The former minister also cited recent instances of crime against women like the rape of a 26-year old woman in a Maharashtra State Road Transport Corporation (MSRTC) bus in Pune and the setting ablaze of a 17-year-old girl in Mumbai. «Law and order situation in the state has been deteriorating since the last three years. If the government is not dismissed, who will come to Maharashtra for investment, how will citizens be safe?» he asked.