Target Financial News

₹2,700 crore. Mint details the features of the new convention centre, which is one of the largest in the world. • The Pragati Maidan Ccomplex with a campus area of approximately 123 acres is India’s largest MICE (meetings, incentives, conferences, and exhibitions) destination.

RBI) may maintain a status quo on policy rates and monetary stance on Thursday but the six-member committee has at least six major factors to consider before they reveal the country's short-term monetary policy. Experts believe the RBI will maintain a status quo on rates and stance on August 10.

By Nichola Groom and Valerie Volcovici

ROME (Reuters) -Italian banking stocks rose in early trade, regaining some of the ground lost after the government late on Tuesday announced a cap on a windfall tax for the country's lenders.

Suryakumar Yadav's formidable 83 off 44 balls steered India to a resounding seven-wicket triumph over the West Indies in the third T20 match held on Tuesday. Despite the early departure of both Indian openers, Yadav's masterful performance propelled India to reach the target of 160 with a commanding total of 164/3 at the Providence Stadium, earning him the well-deserved title of the man of the match. During the post-match press conference, Yadav humbly shared his insights on his performance, stating, «I approached this match with the same mindset as always.

On Wednesday, Bitcoin (BTC/USD) is witnessing a notable surge, registering a 1.60% increase and trading at a promising $29,700. 

RBI Governor Shaktikanta Das, vegetable inflation has made the 4% CPI inflation target look more elusive. To find out whether tomato-nomics will force RBI to hike rates, let us look at the past 12 instances of TOP (tomato, onion, potato) price hikes since 2010. While tomato prices increase almost every June-July, potato prices increase after every two years and onion prices rise after every 2.5 years.

PB Fintech continued on Wednesday, with the stock falling nearly 10% in the two sessions following its June quarter earnings, where the company narrowed its year-on-year (YoY) losses. On Wednesday, the stock fell 5% in intra-day trade to hit the day's low of Rs 720 on the NSE. The Q1FY24 earnings were followed by reports from top brokerages, including one from the Sydney headquartered Macquarie, which foresees an 'Underperformance' in the stock.

Mahindra & Mahindra Ltd (M&M Ltd) on Wednesday rolled out a new wheel harvester under the Swaraj brand in the domestic market as it looks to tap aggressively the farm mechanisation market in the country. With its latest offering, the brand is aiming for a 15-20 per cent market share in the wheel harvester segment in the long-term, Harish Chavan, Chief Executive Officer at Swaraj Division, said. Manufactured at the company's new farm machinery facility at Pithampur near Indore in Madhya Pradesh, the new 'Swaraj 8200 Wheel Harvester' will be available from the upcoming crop season for the customers through its dealerships pan-India, he said. «The mechanisation in the harvesting space (in the country) is still picking up. We want to give shape to it and that is the reason we want to participate now aggressively as we are participating in tractor segment,» Chavan told PTI. He said that with the tractor industry growth reaching an all-time high, the agri mechanisation sector is also growing very fast and farmers are increasingly adopting mechanisation practices. «We want to make sure that we at Mahindra Group and at Swaraj are able to leverage this opportunity and for this reason we are launching this new wheel harvester,» he said.

Hindalco Industries share price gained nearly a percent in the early trade on Wednesday, after the company’s Q1 results largely met analysts’ estimates. Hindalco shares gained as much as 0.71% in the early trade, but soon gave up gains to trade marginally lower.

(Reuters) -Bottler Coca-Cola (NYSE:KO) HBC beat half-year profit expectations and lifted its annual revenue target on Wednesday, supported by strong sales and higher prices of its drinks.

The video holds some answers to the future of 10 m... moreThe video holds some answers to the future of 10 minute delivery in India.

SHANGHAI (Reuters) — A year-long slump in China's healthcare stocks has accelerated this week as an anti-corruption campaign gathers pace, threatening the sales of some drug makers and medical equipment producers.

reality in Germany. Far from falling into an abyss, Europe’s largest economy suffered only the mildest of technical recessions. Some have put this down to luck, notably a mild winter in much of Europe reducing the demand for heating.

₹59,340 per 10 grams around 10:15 am. Experts expect gold prices to remain volatile for today and tomorrow ahead of the US retail inflation print on Thursday. Ravindra Rao, CMT, EPAT, VP – Head Commodity Research, Kotak Securities expects gold prices to trade with a positive bias for the day amid safe-haven bids.

Coal India with a target price of Rs 265. The current market price of Coal India is Rs 232.15.

White House on Wednesday will detail its plans to prohibit some USA investments in sensitive technology in China, and require that the government be notified of other investments, a senior government source told Reuters. The plans are aimed at preventing USA capital and expertise from helping develop technologies that could support China's military modernization and threaten USA national security. Reuters reported on Friday that President Joe Biden was expected to issue a long-awaited executive order to screen outbound investments in sensitive technologies to China this week. The senior government source said that the order is expected Wednesday. The White House declined to comment on Tuesday. Biden administration officials have stressed for months any restrictions on USA investment in China will be narrowly targeted.

₹233.05 against the previous close of ₹230.25 and traded with a gain of 1.26 per cent at ₹233.15 on BSE around 9:20 am. Shares of Coal India have underperformed the equity benchmark Sensex in the last one year. The stock is up about 7 per cent while the Sensex has gained about 12 per cent in the last one year period.

India's retail inflation likely accelerated to 6.40% in July on surging food prices, breaching the upper end of the Reserve Bank of India's 2%-6% tolerance band for the first time in five months, a Reuters poll of economists found. Food prices, which account for nearly half of the inflation basket, have soared in the last two months largely due to an erratic monsoon throughout the country, pushing tomato prices at wholesale markets up more than 1,400% in the past three months. That will hit the vast majority of India's population who make up the poor and middle classes.

BEIJING — China reported inflation data for July that pointed to a modest improvement from June.

Moscow, the city's mayor said on Wednesday, the latest in a surge of drone attacks targeting the capital. «Two combat drones' attempt to fly into the city was recorded.