Target Financial News
04.02 / 00:53
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Stock recommendations: Raja Venkatraman picks these three stocks for Tuesday—4 February
Subscribe to enjoy similar stories. On 3 February, Trump triggered a worldwide panic, and the knee-jerk reaction caught traders as well as investors by surprise before they got positive about the Budget cues. We had mentioned recently that historically, the last three budgets have resulted in a negative closing, and this came true on Monday as a weak opening set the tone for the big event ahead of the RBI policy at the end of the week.
04.02 / 00:53
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Stocks to buy: Ankush Bajaj recommends three stocks for today—4 February
Subscribe to enjoy similar stories. On 3 Feruary, the market closed in the red amid weak global cues and concerns over low capex allocation in the Union Budget 2025-26, triggering a sharp sell-off in capex-related stocks. The Nifty declined 121.10 points to close at 23,361 (-0.52%), while the Bank Nifty dropped 296 points to settle at 49,210 (-0.60%).
04.02 / 00:53
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Eight stocks to buy and sell today—4 February
Subscribe to enjoy similar stories. The stock has been experiencing a lot of volatility, and the recent profit booking dragged the prices into the ‘kumo’ support region and is now spurring a rebound. The robust long body candles are indicating some positive traction ahead.
03.02 / 22:13
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Trump targets loophole Temu, Shein used to take on Amazon
President Donald Trump’s new trade levies against China, Canada and Mexico include a broadside against international e-commerce, with apparent plans to extinguish a long-held tariff exemption for packages worth less than US$800.
03.02 / 19:53
03.02 / 19:53
COST
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International
Southeast Asia looks to nuclear power to supercharge its energy transition
Most countries in fast-growing Southeast Asia are looking to develop nuclear energy in their quest for cleaner and more reliable energy
03.02 / 18:55
03.02 / 18:55
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PAM
BPCL to raise capex by 42% to expands refining, petrochemical capacity
Bharat Petroleum Corporation Limited (BPCL) has increased its capital spending target for 2025-26 by 42% year-on-year to ₹18,500 crore as it expands its refining and petrochemical capacity.
03.02 / 15:15
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NASA’s new telescope is more powerful than James Webb: Here’s what it could reveal about the Big Bang and the universe
NASA is preparing to launch a revolutionary new telescope that could unlock some of the universe’s deepest secrets, surpassing even the capabilities of the James Webb Space Telescope (JWST). The new project, named SPHEREx, is designed to provide a never-before-seen big-picture view of the cosmos, offering insights that could redefine our understanding of how the universe began.
03.02 / 13:29
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Nestlé evaluates Starbucks coffee launch for at-home consumption in India
Subscribe to enjoy similar stories. Nestlé, the world's largest coffee company, is considering launching Starbucks-branded coffee for at-home consumption in India. This move would be part of its 2018 alliance with Starbucks, which granted Nestlé the rights to package and sell Starbucks' speciality roasts and instant mixes outside of coffee shops.
03.02 / 12:53
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A tightrope act: The budget does a good job of balancing divergent demands
Subscribe to enjoy similar stories. India’s budget for 2025-26 demonstrates a careful balance between an unwavering focus on macroeconomic stability by continuing on a path of fiscal prudence and addressing growth concerns. It comes after a strong fiscal performance in 2024-25, when the government managed to outperform its fiscal targets, achieving a deficit of 4.8% of GDP against the budgeted 4.9%, primarily through reduced capital expenditure.
03.02 / 12:53
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London is getting it wrong: Consumer protection is not anti-growth
Subscribe to enjoy similar stories. The forces protecting consumers from abuse by big business are in retreat. Former Italian Premier Mario Draghi last year called for reform of merger control in Europe to boost the region’s global competitiveness.
03.02 / 12:47
03.02 / 11:05
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Union Budget 2025: FM strengthens the backbone of India’s consumer economy
Subscribe to enjoy similar stories. Budget 2025 lays out a transformative roadmap for India’s economic progress, striking a fine balance between fiscal prudence and growth-driven reforms. With a strong focus on empowering the middle class, accelerating retail consumption, and bridging the urban-rural divide, this budget reaffirms the government’s commitment to inclusive and sustainable development.
03.02 / 10:21
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TCA Anant: The budget represents a missed opportunity to strengthen Indian statistics
Subscribe to enjoy similar stories. The government has just presented the first full-year budget of its third term, marking a significant milestone in its economic agenda. This budget stands out for a deft tightrope walk, navigating the complex challenges posed by an uncertain global environment while ensuring that India’s growth remains strong.
03.02 / 10:21
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When consumption push and fiscal consolidation go hand in hand
Subscribe to enjoy similar stories. The budget this year came in the background of an economic slowdown led by weak urban consumption and lower government capex. Hence, finance minister (FM) Nirmala Sitharaman was expected to stimulate growth while continuing on the path of fiscal consolidation.
03.02 / 07:35
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How the US-Canada-Mexico tariffs will work—and what products are targeted
Subscribe to enjoy similar stories. The Trump administration said Saturday it will levy 25% import tariffs on goods from Mexico and Canada, with Canadian energy products facing a 10% tariff. The announcement also includes an extra 10% tariff on imports from China.
03.02 / 03:45
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Which provinces are pulling U.S. alcohol off shelves over Trump’s tariffs?
Canada hits back against U.S. President Donald Trump‘s tariffs with counter-tariffs worth $155 billion, American liquor and wine may be one of the first things to disappear from shelves.Many targeted American liquor — with the premiers of Ontario, B.C. and Nova Scotia announcing plans to pull most, if not all, products from the U.S.
03.02 / 03:29
03.02 / 03:29
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ITC, Godfrey Phillips, VST Industries in focus as Budget 2025 leaves tobacco taxes unchanged
ITC, Godfrey Phillips, and VST Industries will be in focus on Monday, February 3, after the Finance Minister kept excise duty/NCCD on cigarettes and other tobacco products unchanged in the Union Budget 2025–26. With no tax hike on cigarettes in the finance bill, Finance Minister Nirmala Sitharaman confirmed that tobacco taxation will remain steady.
03.02 / 03:29
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Axis Securities maintains Buy on Jyothy Labs, lowers target price to Rs 450
Axis Securities maintains its buy call on Jyothy Labs with a target price of Rs 450 (Rs 500 earlier). The current market price of Jyothy Labs is Rs 395.95. Jyothy Labs, incorporated in 1992, has a market cap of Rs 14449.66 crore, operating in the FMCG sector.
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