Target Financial News
16.11 / 07:07
16.11 / 07:03
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2024
General Elections 2024 next big trigger for markets; can't say interest rates have peaked, says Dikshit Mittal of LIC MF
Dikshit Mittal, fund manager of LIC Mutual Fund believes while state elections can create short-term volatility, the outcome of the General Elections 2024 is a key monitorable. In an interview with Mint, Mittal said while interest rates globally seem to be near peak, there is no clear visibility on the timeline for interest rate cuts to begin at least for the next two quarters. Edited excerpts: In the backdrop of global macro headwinds like elevated inflation, higher interest rates, geopolitical tensions, and muted global growth rates, Indian equity markets have witnessed a decent run in the last one year.
16.11 / 07:03
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Israeli military uncovers Hamas weapons in Gaza's Al-Shifa hospital | WATCH
Israel-Hamas war LIVE updates The Israeli army soldier entered the MRI centre of the Shifa hospital in Gaza. "A few of the thing that we found, totally confirms, without any doubt that Hamas systematically uses hospitals in their military operations in violation of the international law". “These weapons have absolutely no business being inside a hospital," the military spokesman, said in the video, adding that he believed the material was “just the top of the iceberg." The military said the search was continuing, but it did not immediately show any sign of tunnels or an extensive military center.
16.11 / 07:03
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Suzlon share price extends rally to hit 52-week high; jumps over 12% in one week
₹42 apiece on the BSE. The rally in Suzlon shares comes on the back of positive sentiment after the stock was included in the MSCI Global Standard Index. In its November index review, the global index provider added Suzlon Energy along with 8 other Indian companies in India Standard Index.
16.11 / 06:31
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Alibaba shares dip as qtrly earnings loom amid China weakness
Investing.com-- Hong Kong-listed shares of Alibaba Group (HK:9988) (NYSE:BABA) fell on Thursday in anticipation of a quarterly earnings report which is expected to show whether the e-commerce giant weathered a downturn in China.
16.11 / 06:31
16.11 / 06:31
16.11 / 06:19
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Suzlon Energy shares jump 4%, hit fresh 52-week high. Here’s why!
Suzlon Energy rallied nearly 4% on Thursday after the company informed exchanges that its S144 wind turbine series has received RLMM listing from the Ministry of New and Renewable Energy (MNRE). The stock also hit a fresh 52-week high of Rs 42.
16.11 / 06:19
Target
Manufacturing
Nov
Healthcare
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Indian eyedrop maker issues recall of various eye drops in US for potential safety reasons
Kilitch Healthcare India Limited recalled 27 variants of eye drops being sold in the United States due to potential safety concerns after FDA investigators found insanitary conditions. The Food and Drug Administration warned consumers last month not to purchase or use store-brand eyedrops from Walmart Inc., CVS Health Corp., Target Corp. and other companies “due to risk of eye infection,” without naming Kilitch as the manufacturer.
16.11 / 06:09
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Autoworkers to wrap up voting on contract with General Motors Thursday in a race too close to call
About 46,000 United Auto Workers at General Motors on Thursday are expected to wrap up voting on a tentative contract agreement in a close race that will decide the fate of the deal that ended a six-week strike
16.11 / 05:01
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innovations
Cross-border payments for MSMEs: Will it empower India's exports?
Facilitating seamless cross-border payments for MSMEs is a pivotal factor in propelling them towards achieving 60% of the formidable $2 trillion export target by 2030.
16.11 / 04:05
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Investors in thematic funds hurt returns by trading too frequently: Morningstar
thematic funds cut their returns by nearly two-thirds through badly-timed trades, a report by Morningstar Manager Research showed. Funds that tend to focus on specific themes, such as climate change or artificial intelligence, have drawn investors over the last few years, more than doubling their assets under management since 2018, Morningstar's data showed. However, while the average return on thematic funds was an annualized 7.3% over the five-year period through June 2023, investors saw just a 2.4% return, the Morningstar report by senior analyst Kenneth Lamont and director of manager research Matias Mottola showed.
16.11 / 04:04
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Buy Oil And Natural Gas Corporation, target price Rs 235: Motilal Oswal
Oil And Natural Gas Corporation with a target price of Rs 235. The current market price of Oil And Natural Gas Corporation Ltd.
16.11 / 02:51
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Aviat
Strategy
GrainCorp to pay special dividend, buy back shares
GrainCorp has unveiled a $50 million share buyback and declared a special dividend in a sign of confidence the business can withstand adverse weather conditions expected to affect Australian farmers.
16.11 / 02:44
16.11 / 02:19
Provident
Target
Airlines
pandemic
consequences
2020
Qantas illegally stood down worker who raised cleaning concerns: court
A court has found Qantas acted illegally when it stood aside a health and safety representative who raised concern over cleaning planes that had returned from China at the start of the pandemic, in a decision the NSW government said would have big ramifications for employers.
16.11 / 02:14
Target
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Xi Jinping-Joe Biden meeting: 7 key takeaways from US-China strategic dialogue amid global tensions
Joe Biden and Xi Jinping held a US-China Summit on November 15. The US President and his Chinese counterpart discussed various global and bilateral issues. Here are 7 key takeaways.
16.11 / 02:03
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Israel-Hamas War Day 42: IDF finds evidence Hamas hid weapons in Gaza's Al Shifa hospital. Top 10 updates
Israel Defence Forces (IDF) uncovered additional evidence pointing to the utilization of hospitals by Hamas. Here are the latest top ten updates on the situation. These facilities are allegedly being used as operational bases and storage sites for explosives and weapons intended for terrorist activities.
16.11 / 02:03
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Israel-Hamas War LIVE updates: ‘Shifa operation won’t end campaign…more difficult days to come in conflict,’ says Israel
Here are the latest updates on the Israel-Hamas warUS President Joe Biden said that Israel war in Gaza to stop 'when Hamas no longer maintains the capacity' to murder. Biden added he made it clear to Israelis it would be a mistake to occupy Gaza.In a video by the Israeli Air Force, the military launched a strike on a Hezbollah post in Lebanon.
16.11 / 02:03
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — November 16
Buy or sell stocks for today: On account of FIIs' buying and strong global market sentiments, Indian stock market ended highger on Wednesday. Nifty 50 index gained 231 points and closed at 19,675 levels, BSE Sensex shot up 742 points and ended at 65,675 mark whereas Bank Nifty finished 310 points higher at 44,201 levels. All the sectors ended the day in green with realty, IT, and auto being the outperformers.
16.11 / 02:03
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Support
A record Russian budget will boost defense spending, shoring up Putin's support ahead of election
Russia’s State Duma passed a record federal budget in its second reading which aims to increase spending by around 25% in 2024, with record amounts going on defense
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