Target Financial News

RBI’s) 4% target was in September 2019. This problem is not unique to India. Other countries are also struggling to bring inflation down to their target levels.

tobacco leaves that holds promise in the fight against several types of cancer. As per a TOI report, this discovery stands in stark contrast to the prevailing narrative around tobacco use. The World Health Organization (WHO) attributes a significant quarter of global cancer-related deaths to tobacco consumption, with lung cancer topping the list as its primary consequence. The breakthrough finding comes courtesy of AU alumnus Amit Dubey, in collaboration with Indian scientist Aisha Tufail, and researchers Miah Roney and Prof AKM Moyeenul Huq from Malaysia.

Christopher Nolan recently talked about seat selection. Nolan shared, «When I’m in a theater with a cinemascope ratio, I like to be right near the front, in the middle of the third row. When I’m in a stadium-style IMAX 1.43:1 theater, then I actually prefer to be slightly behind the center line, right in the middle—just a little further back.» While Nolan's choices are based on personal preference, experts tend to agree that being a bit further back can lead to a better experience. So, what's the secret behind choosing the best seat in a cinema hall? With different theater sizes and formats available today, from cozy luxury formats to massive IMAX screens, how should you choose? Joe Muto, head projectionist for Nitehawk Cinemas in New York, suggests, «I’ve always felt the obvious best spot to sit in a movie theater is in the center of the room, aligned with the screen.

Suzlon Energy share price has gained 132%. Suzlon share price today opened at ₹24.30 apiece on BSE. Suzlon Energy share touched intraday high of ₹24.66 and low of ₹24.

Assetmonk, an alternative real estate investment platform, has acquired around 90,000 sq ft of office space in Tidel Park, a commercial office property in Taramani, Chennai, valued at around Rs 89 crore. The acquired floor in 1.2 mn sq ft IT park in Tidel Park hosts around 250 Fortune US conglomerates as its tenants, delivering an average rental yield exceeding 10.6%. The asset was bought from a Mumbai-based seller and is targeting an IRR of 16.5% over 5-6 years’ tenure. “The inclusion of the exceptional commercial asset at Tidel Park to our portfolio is a deliberate move in our long-term strategy, aimed at identifying unique and high-potential investment opportunities for seasoned investors.

Investing.com — The U.S. dollar edged lower in early European trade Tuesday, retreating from near three-month highs ahead of the release of a slew of key economic data this week. 

leadership of Priya Agarwal Hebbar. World's second largest integrated zinc producer aims to accelerate plan s to decarbonize operations under Chairwoman, which is daughter of Vedanta founder and chairman Anil Agarwal. The non-executive director at Hindustan Zinc's parent company Vedanta Resources Ltd., Priya Agarwal Hebbar will be steering the company through a period of expansion.

Also Read: Current market offers a great accumulation opportunity; concerns over IT sector overblown, says Karan Doshi of LIC MF With improved supply conditions, coking coal prices are expected to moderate and drive EBITDA margin improvement for steel players. The brokerage believes JSW Steel, Jindal Steel & Power Ltd (JSPL) and Tata Steel are well placed to benefit from upcoming capacities. With the government’s increasing shift towards using stainless over carbon steel, usage has increased in India benefiting Jindal Steel.

In August 2021, one sector which had “ buy and strong buy” written all over it was IT or more commonly called software sector. In August 2023, a number of them have “hold” recommendations by analysts.

In a bid to ensure the security of the G20 Summit in Delhi, insiders have revealed that a discreet measure, "House Intervention Teams" (HIT squads), will be stationed within city hotels housing G20 delegates. The primary objective of these teams will be to address potential hostage crises that might emerge during the summit.

SJVN shares rose 5% and hit a 52-week high at Rs 63.8 in Tuesday's trade on BSE after the firm's wholly owned subsidiary received the letter of award from Assam Power Development Corporation Limited (APDCL). «SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of the company, has received a Letter of Awards from Assam Power Development Corporation Limited (APDCL) for three solar power projects of cumulative capacity 320 MW,» the company said in an exchange filing. SGEL had participated in three separate tariff-based competitive bidding tenders of APDCL i.e. 50 MW, 70 MW and 200 MW. The 50 MW and 70 MW projects are under the solar park category and have been allotted at a tariff of Rs 3.92/Unit. While the 200 MW project is to be developed anywhere in Assam and has been allotted at a tariff of Rs 3.90/Unit, SJVN said. These three solar power projects shall be developed on Build Own and Operate (BOO) basis.

Tata Power Renewable Energy Limited (TPREL), renewable energy subsidiary of Tata Power, signed a group captive power delivery agreement (PDA) for 4.4 MW AC with the Anand Group, a global automotive systems and parts industry leader. Under this agreement, TPREL will facilitate the generation of 10 million units of clean energy through renewable sources. The project is expected to eliminate 5500 tonnes of carbon emissions annually, aligning with TPREL's mission to create a greener and cleaner future for its Commercial and Industrial (C&I) customers.

By Yoshifumi Takemoto

Indiabulls Housing Finance Ltd, part of the housing finance company, has rallied by about 50% in a month to hit a fresh 52-week high in August 2023 and the chart structure suggests that the rally may not be over yet. The stock rose from Rs 127 as on 27th July 2023 to Rs 188.70 which is the new 52-week high recorded on 28th August 2023 translating into gains of over 48% in a month. The housing finance company recorded a breakout above 130 levels from a falling trendline resistance in July 2023 from where it witnessed a steep rally which took the stock towards 170 levels at the beginning of August. The stock broke out last week after consolidating in a range where 170 acted as a resistance while on the downside 147 acted as a support in August. The housing finance company also recorded a Golden Crossover on the daily charts where the short-term moving average (50-DMA) crossed the long-term moving average (200-DMA) from below on 4 August 2023 on the daily charts. “Indiabulls Housing Finance stock on its daily charts has broken out of its falling trend line, along with a swing high breakout at 159 levels, making it a strong case for buy.

Given the longer-term growth story of Indian markets and current reasonable valuation levels, investors have an opportunity to accumulate quality stocks at the current juncture, said Karan Doshi, Fund Manager and Senior Equity Research Analyst of LIC Mutual Fund, in an interview with Mint. He underscored one should invest in companies with good corporate governance, a healthy balance sheet, strong growth potential over the next three to five years and valuations at reasonable levels. Edited excerpts: Indian economy is at an inflexion point that marks the start of a new virtuous growth cycle.

By Aditya Kalra, Munsif Vengattil and Dawn Chmielewski

President Joe Biden’s administration is set to announce the first prescription drugs being targeted by the U.S. government for price negotiations as part of an effort to lower Medicare costs

Japanese Prime Minister Fumio Kishida has asked China to urge its citizens to halt acts of harassment, including crank calls and stone throwing at Japanese diplomatic facilities and schools, in response to Japan's release of treated radioactive wastewa...

Reliance Industries (RIL) share price traded lacklustre in early trade on BSE on Tuesday, a day after the company held its 46th Annual General Meeting (AGM) to present the business blueprint for the next decade. The stock opened at ₹2,447 against the previous close of ₹2,442.55 but slipped over half a per cent to ₹2,424 soon. The stock traded 0.40 per cent lower at ₹2,432.75 around 9:20 am.

AP, the judge dismissed the defence's request to delay the trial by multiple years. Judge Tanya Chutkan refuted the assertions made by Trump's legal team, who had argued that an April 2026 trial date was necessary due to the extensive evidence review and the unique nature of the prosecution.

Day trading guide for today: Following rally in global market, Indian stock market ended higher on Monday and snapped two days losing streak. NSE Nifty gained 40 points and closed at 19,306 levels, BSE Sensex went up 110 points and closed at 64,996 mark whereas Bank Nifty index shot up 263 points and ended at 44,494 levels.