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Finolex Industries with a target price of Rs 244. The current market price of Finolex Industries is Rs 208.75.

The S&P BSE Sensex and the Nifty50 closed flat but with a positive bias on Monday. Indian market remained shut on Tuesday on account of a public holiday.

In fact, sport utility vehicle (SUV) sales were growing exponentially, seemingly attracting buyers of the humble small car — the mainstay of the Indian market since the launch of the Maruti 800 in 1983.Changing preferences Naturally, the mood was different at the headquarters of India’s largest carmaker Maruti Suzuki, which dominates the market on the back of affordable and easy-to-maintain small cars. “A large chunk of Indian consumers started shifting from functionality — which is about things like fuel efficiency — to aspiration, which is about design, performance and image,” said Shashank Srivastava, senior executive officer, marketing and sales, Maruti Suzuki.This didn’t bode well for the brand, whose SUV portfolio was negligible at this point.

Buy or sell stocks for today: In this truncated week at Indian stock market, Dalal Street will resume trade session today after a gap of one day as stock market was closed on Tuesday for Independence Day 2023. On Monday, Nifty and Sensex recovered from morning losses and ended marginally higher. NSE Nifty finished 6 points higher at 19,434 levels, BSE Sensex gained 79 points and closed at 65,401 mark whereas Bank Nifty index lost 108 points and finished at 44,090 levels.

Buy or sell stocks for today: In this truncated week on Dalal Street, Indian stock market will resume trade session today after a gap of one day as stock market was closed on Friday for Independence Day 2023. On Monday, Nifty and Sensex recovered from morning losses and ended marginally higher.

Indian Embassy beefed up. A large number of police personnel were deployed outside the premises of the Indian embassy, a video posted by news agency ANI showed. This came after Pro-Khalistan groups had planned to stage protests outside the Indian Embassy in Washington DC amid a scheduled Independence Day celebration.

Federal Reserve officials close in on the end of their tightening campaign, the debate is shifting from how high interest rates need to go to how long they should stay elevated. Inflation pressures are easing, which could give policymakers room to keep interest rates at or near current levels for the time being. Still, price gains remain well above the central bank's 2% target, making policymakers hesitant to declare victory. Introducing the discussion over how long officials may keep rates steady even if inflation continues to decelerate could help them push back on expectations for rate cuts and allow them to keep putting downward pressure on the economy. «This is the policy dimension that they will likely focus on the most going forward: Not how much higher to take the federal funds rate, but how long to keep it at these levels,» said Brian Sack, a former senior Fed official who earlier this year left D.E. Shaw & Co. after about a decade as head of the investment firm's global economics group. «There's still a lot of scope to tighten financial conditions in that way, if they wanted to.» Fed officials unanimously raised their benchmark rate last month to a target range of 5.25% to 5.5%, the highest level in 22 years. Minutes from that gathering — set for release on Wednesday afternoon — could provide more insight into whether most policymakers believe those increases have already worked their way through the economy or if they still expect to see more effects.

Governments globally including others like New Zealand said they are taking a 'keen interest' in not just the implementation of the Bill in the world's most populous country but also its approach to privacy regulation at large. While officials at some countries such as Norway told ET that they are even looking to introduce clauses that could mirror those in the DPDP Bill, others in countries such as South Africa said the success of the Bill was very critically tied to how the Data Protection Board (DPB) functions.

Australia is set to fall well short of its 2030 target for 82 per cent renewable energy, with extra measures needed to move it past 64 per cent, according to research firm Rystad Energy, which expects Origin’s Eraring coal power station to have to run for several years longer to prevent spiking prices.

NEW DELHI : Stiff fees, complex rules and the pandemic have snuffed out many of India’s small but promising craft beer brands, with the remaining shrinking operations and entering adjacent segments. Makers of Witlinger, Mad King and White Owl craft beers have either shut shop or started new ventures, while owners of Kati Patang, White Rhino and Beor 360 have scaled back their operations. Kati Patang beer, a runaway hit with its unique small-batch flavours like saffron, turmeric and lemon rind, has shrunk considerably in the six years since its launch.

diverse workforce, India's top corporates have only three persons with disabilities ( PwD) for every 1,000 employees on rolls, an ET analysis showed. According to latest workforce data reported by Nifty 50 constituent companies as part of their annual disclosures, only five out of these 50 companies have more than 1% people with disabilities on their rolls, with four of them being public sector companies. To be sure, public sector companies are required to reserve 4% of all jobs for disabled people in compliance with the Rights of Persons with Disabilities Act, 2016 — a target which all the analyzed companies fall short of.

NEW DELHI : Prime Minister Narendra Modi expressed confidence about returning to power in 2024 even as he pledged measures to contain surging food prices and unveiled development initiatives, including the ₹15,000 crore Vishwakarma Yojana for workers skilled in traditional crafts and an urban housing plan aimed at providing interest rate relief for the poor. In his 90-minute Independence Day address from the Red Fort in New Delhi, about eight months before national elections are due, Modi also announced that the government is working with women self-help groups (SHGs) to create 20 million ‘Lakhpati Didis’ in villages.

Cape Town: Homegrown automaker Mahindra & Mahindra is looking to tap the 2-million unit market for mid-sized pick-ups with a new global lifestyle pick-up truck that will first be launched in its key existing export markets including South Africa, Australia and New Zealand, Africa, the Middle East and South & Central America, the company announced during its global concept showcase in Cape Town on Tuesday. Mahindra is aspiring to snag a double-digit market share in these countries, where it has a rapidly growing presence, albeit with a single-digit share in the respective markets.

Mint poll of 19 economists was knocked out by a huge jump in vegetable prices in general and tomato in particular. Mint examines the details: Retail inflation is measured using the Consumer Price Index (CPI). Nearly two-fifths of the CPI is made up of food items.

cryptocurrency investments. To recover her account, the 27-year-old lawyer from Rio de Janeiro had to pay 200 reais ($40) to a «consultant» she found on YouTube, a man she says could have been a scammer himself. «It took me two days to recover my account, and I was under a lot of stress,» she said.

About 146,000 members of the United Auto Workers union will vote next week on authorizing their leaders to call strikes against the Detroit automakers

Americans increased their purchases at retailers last month – for clothing, dining out, sporting goods and other areas – in a sign that solid consumer spending is still powering a resilient U.S. economy

Stocks that traded heavily or had substantial price changes Tuesday: Lyft and Grindr rise; Getty Images and Discover Financial fall

The presidents of 13 universities are elevating free speech on their campuses this academic year, as part of a new nonprofit initiative announced Tuesday

BRASILIA (Reuters) -Brazil will likely need to upwardly revise its inflation estimates, central bank Governor Roberto Campos Neto said on Tuesday, after state-run oil giant Petrobras announced a fuel price hike earlier in the day.

(Reuters) — Shares of Nvidia (NASDAQ:NVDA) rose more than 3% in hefty trading volume on Tuesday after two brokerages raised their price targets for the chipmaker, heightening already lofty expectations ahead of its quarterly earnings report next week.