Target Financial News

Buy or sell stocks for today: Despite weak global market sentiments on new signs of sustained inflationary pressures in the United States and rising energy prices globally, Indian stock market ended higher for fifth straight session on Thursday. NSE Nifty ended 116 points higher at 19,727 levels, BSE Sensex went up 385 points and closed at 66,265 mark whereas Bank Nifty shot up 469 points and finished at 44,878 levels.

music industry and the scandal, which emerged fully earlier this year, has horrified the country. Julie K. Fujishima, 57, bowed deeply as she faced reporters, and apologised for the abuses, saying she stepped down on Tuesday.

By Anant Chandak

(Reuters) — Goldman Sachs is planning for another round of job cuts for employees who are deemed underperformers, which could come as soon as late October, the Finanical Times reported on Thursday, citing people familiar with the matter.

NFL Network Insider Ian Rapoport stated that Kelce will miss tonight's 2023 NFL Kickoff Game against the Detroit Lions due to a knee injury he sustained earlier in the week. This development was further confirmed when he was listed among Kansas City's inactives.

Fury and Ngannou are poised to contest the 'Riyadh Champion' belt, a prestigious WBC commission title. This event marks a significant moment in the realm of crossover super fights, akin to the historic Conor McGregor vs. Floyd Mayweather bout. Having briefly retired from boxing, Fury is now resolute in seizing the opportunities presented in this phase of his career. The impending encounter between Fury and Ngannou promises to be an epic spectacle, hailing as one of the most significant heavyweight contests in recent memory. While Fury's focus remains firmly on his impending clash with Ngannou, he's already contemplating his next formidable opponent from the world of MMA.

By David Milliken

(Reuters) — Dallas Federal Reserve Bank President Lorie Logan on Thursday said that while it «could be appropriate» to skip an interest-rate increase at the U.S. central bank's upcoming meeting, more policy tightening will likely be needed to get inflation down to 2% in a timely way.

OTTAWA-Bank of Canada Gov. Tiff Macklem said higher interest rates are suppressing consumption and dampening price increases, and might be at “sufficiently restrictive” levels for the central bank to achieve its 2% inflation target.

Parth Jindal, managing director, JSW Cement and JSW Paints, outlined the company's growth plans as it prepares for a public listing next year. Edited excerpts:How is current market opportunity playing out for JSW Cement? Our capacity is currently at 19 million tonnes a year. By the end of this calendar year, we will be at 21 million tonnes in capacity.

G20 members late Thursday agreed to make an effort towards the “phasedown of unabated coal power”, staying with the text of the Bali declaration on the issue. This was decided at the Sherpa-level deliberations that aim to finalise the text for the Leaders’ Declaration. India’s proposal to expand it to “phase-down of fossil fuel” ran into stiff opposition from Saudi Arabia and Russia, people aware of the deliberations told ET. The “phasedown of coal power”, agreed on in earlier declarations, is in the context of energy efficiency and in line with national circumstances, and does not impinge on India’s energy security, the people said. The cue was taken from the Bali declaration where the phrase “phasedown of unabated coal power” found agreement among all members. The language has also been used earlier in the UNFCCC Glasgow Climate Pact and the Sharm el-Sheikh Implementation Plan. Unabated coal power is generally understood to mean coal power without carbon capture utilisation and storage. There was no mention of a phasedown of coal power at the outcome of the G20 Energy Transition ministerial meeting in July, a prelude to the leaders’ summit.

IMF) and the Financial Stability Board (FSB) has set out a roadmap to coordinate measures to stop crypto assets from undermining macroeconomic and financial stability. However, the synthesis, put together at the request of the Indian G20 presidency, stopped short of endorsing a blanket ban on such assets, saying it can be “costly and technically demanding to enforce”. The crypto asset regulation is a key part of the agenda for G20 leaders when they meet in New Delhi this weekend. The IMF-FSB Synthesis Paper: Policies for Crypto-Assets provides comprehensive guidance to address the macroeconomic and financial stability risks posed by crypto-asset activities and markets, including those associated with stablecoins and those conducted through so-called decentralised finance (DeFi). The paper cautioned that these digital assets could have significant implications for monetary stability and capital flows, especially if they are granted official currency or legal tender status.

gun safe has been trending on the X platform (earlier known as Twitter) but for negative reasons. Liberty Safe, the brand has been given the same treatment that Twitterati gave to another brand, Bud Light. It is all a part of a cancel culture that is prevalent on social media.

Luxury-goods stocks slumped in Europe, wiping out more than $25 billion in market value, after Richemont chairman Johann Rupert said inflation is starting to dent demand across the region.

Amidst the dynamic crypto landscape, Bitcoin currently trades at $25,787, reflecting a subtle rise of 0.04 percent on Thursday. However, a confluence of factors has spurred speculations on its future trajectory. Notably, the 'historic' heatwave has taken a toll on the crypto mining industry, leading to a significant 9% drop in Marathon's Bitcoin production. 

NEW DELHI : A blanket ban on crypto assets may be hard to pull off, and nations must instead apply rules on money laundering and terror finance to these assets and service providers, an influential policy paper said, while noting that increased adoption of these assets could undermine monetary policy transmission. The joint paper from the International Monetary Fund (IMF) and G20’s risk watchdog, the Financial Stability Board (FSB), has attempted to offer a roadmap for regulating crypto assets and helping nations integrate virtual digital assets into their digital financial systems.

NEW DELHI : Prime Minister Narendra Modi may launch the much-anticipated Global Biofuels Alliance on 9 September during the upcoming G20 summit, said two people aware of the development. The marquee alliance with India, the US and Brazil as its founding members has received interest from 19 countries, from the G20 as well as outside it.

Russian forces struck and immobilized a British tank supplied to Ukrainian forces for the first time as Kyiv pushes some of its best equipment into a salient in the southeast in search of a breakthrough. The loss of the Challenger 2 tank, confirmed by British officials, comes as Ukraine is seeking to expand cracks in the main Russian defensive line.

₹436.45 apiece, and have gained 34% so far in 2023, sharply outperforming the nearly 9% rise in the Nifty 50 index. Recall that the stock had already seen a strong rally in 2022. In the June quarter (Q1FY24), IHCL’s occupancy and ARR for its domestic business stood at 67.1% and ₹9,128, respectively.

Bloomberg. The delay in deliveries is most likely to create an issue for Indian aviation firms like Air India and Akasa Air which are waiting for plane deliveries. Chief Financial Officer Brian West said at an investor conference on Thursday that narrowbody handovers will be near the bottom of Boeing’s goal of shipping 400 to 450 of the popular 737 jets this year.

climate change, discussions around sustainable development have become the global chorus of our times. However, within these discourses, a critical reality is often glossed over: the disproportionate responsibility of global emissions. A keen examination reveals that the nations of the Global South, like India, often portrayed as burgeoning emitters, are not the principal contributors to the crisis we face.