Target Financial News

L&T) Ltd's CEO, S.N. Subrahmanyan. He has explicitly denied any involvement of India's largest construction company in the alleged illicit payments during an interview with officials from the US Department of Justice (DoJ) and Federal Bureau of Investigation (FBI) in Singapore on May 21, 2018.

Donald Trump said Sunday he will petition to have a different judge oversee his historic criminal trial and for the case to be moved out of Washington. The twice-impeached Republican, who is seeking a return to the White House in 2024, has unleashed a stream of invective against those prosecuting him or running the case in which he faces charges over attempts to overturn the 2020 election results and defraud the United States. His latest target: US District Court Judge Tanya Chutkan, the appointee of Democratic former president Barack Obama who was randomly assigned to the case in Washington.

Damascus early Monday, state media said, citing a military source. «At 2:20 am (2320 GMT Sunday), the Israeli enemy carried out an air attack from the direction of the occupied Syrian Golan, targeting areas in the vicinity of Damascus,» state news agency SANA reported. The attack killed «four soldiers and wounded four others», it said, reporting unspecified material damage and adding that Syrian air defences intercepted some of the missiles.

Edward Hobart, ambassador of the United Kingdom and Northern Ireland to the UAE, affirmed his country's support for the UAE hosting of the Conference of the States Parties to the United Nations Framework Convention on Climate Change (COP28) and UK's active participation and engagement in the UN climate conference. «In COP28, we think that the UAE is a great country to be hosting it, understands energy, has a long history in energy, and has a long history in renewable and clean energy including nuclear. So, it has an example it has set and we need to bring more countries with us.

Since the last Monetary Policy Committee meeting in June, facts have changed thick and fast. Do the economists on the MPC take a leaf out of Keynes or latch on to central bankers' catchphrase during uncertain times — 'data dependent'? Actual inflation and growth — the most monitored macroeconomic indicators — have been testing the limits of forecasting models not only of the central banks' but even the presumably more sophisticated investment banks. Throw in financial stability and it gets muddier.

There’s more Asian capital hunting local vitamin and supplements brands.

Australia delivered a dominant display to win the netball World Cup for the 12th time, regaining the crown with a clinical and classy 61-45 victory over England in the final in Cape Town.

Gold mining rainmaker Raleigh Finlayson is tipping the spate of deals in the sector to intensify, and is openly bullish about the outlook for the precious metal in one of the few times in his career that he has volunteered an optimistic gold forecast.

Gen Con, a popular tabletop gaming event held annually in Indianapolis, is a hub for Trading Card Games enthusiasts. This year's Gen Con attracted attention as it marked the debut of Disney Lorcana, a trading card game featuring beloved Disney characters, available for the first time at the Indiana convention. It is also in the news as a theft of over $300,000 worth of gaming cards was also reported at the event. Initial suspicions of the recent August 2, 2023 heist fell on the Disney cards, but it appears a full pallet of Magic: The Gathering cards was the target. Magic cards have gained notoriety due to their appreciating value, drawing the attention of thieves. Notably, in August 2023, Post Malone acquired a rare Lord of the Rings-themed card for $2 million. The Indiana Metropolitan Police Department confirmed the theft of over $300,000 worth of gaming cards on August 2, just a day prior to Gen Con's commencement. Within two days of the crime, authorities released two photographs of the suspects absconding with the stolen goods, urging the public's assistance in their identification. Additional photos were unveiled a day later. The theft occurred while vendors were occupied with setting up their stalls, catching them off-guard. According to the police, the alleged theft transpired during a busy period, leaving vendors oblivious to the incident. The IMPD revealed that the stolen cards were relocated to an undisclosed location. As of the August 4, 2023 report, the whereabouts of both the suspects and the stolen goods remain unknown.

Insomniac Games aims to build on the success of its Spider-Man series with a direct sequel to its acclaimed titles. Following the events of previous games, Spider-Man 2 for PS5 continues the adventures of Peter Parker and Miles Morales as they unite to face a fresh wave of challenges.

US Federal Reserve will tread carefully while balancing these risks and prefer to stay on hold for long—reinforcing higher for longer approach. Meanwhile, given higher inflationary pressure in Europe, we expect the European Central Bank to hike by 25 basis points and the Bank of England by 50-75 basis points . A basis point is one-hundredth of a percentage point.

RBI) is likely to keep interest rates on hold for the third straight monetary policy meeting this week, but is seen talking tough on managing consumer prices as inflation is expected to shoot past the central bank's comfort zone after certain food items turned dearer. According to an ET Poll of 15 respondents, at the end of its August 8-10 meeting, the RBI's Monetary Policy Committee is seen keeping the repo rate unchanged at 6.50% and maintaining its prevailing stance of withdrawal of accommodation.

Bengaluru may have to wait for an elected council until Lok Sabha polls are over since efforts are being made to somehow put off the elections, according to people aware of the thinking in the ruling Congress. Congress ministers have publicly said that the polls to the city's civic body, Bruhat Bengaluru Mahanagara Palike (BBMP), will be held by December, the latest being transport minister Ramalinga Reddy, who made a statement last Friday. However, after the delimitation, there will be an appeal period, when people who want to push the polls ahead will have an opportunity to do so.

OTT platforms controlling budgets, smaller streaming services that focus on specific regional languages or a certain genre may be at an advantage thanks to their smaller scale. Platforms like aha video, Planet Marathi, OM TV and others say they haven’t had to cut budgets since they started cautiously and have benefited from catering to region-specific audiences. Their hyperlocal content and slow start have given them time to evaluate the market and they believe catering to a specific niche has its own advantages.

₹24,470 crore. The railways has set an internal target of one-and-a-half years to two years to complete the projects. Speaking through videoconference, the prime minister said that the redevelopment project will represent a huge boost for infrastructure development in the country.

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Verra Mobility, AMD, Wingstop, and Generac Holdings, and a downgrade for ZoomInfo Tech.

By Pavel Polityuk

CPI rose to a three-month high in June. And, going by the sharp run-up in vegetable prices since it is likely to cross the 6% danger mark in July. Meanwhile, WPI contracted to an eight-year low.

Telangana Chief Minister K Chandrasekhar Rao on Sunday said BRS's friendship with the Asaduddin Owaisi-led party will continue in future also, and the ruling party will come back to power with 7-8 more seats than it got in 2018 Assembly polls. BRS (then TRS) won 88 seats in the 2018 Assembly polls and its strength increased to 101 in the due course with several other party MLAs joining the ruling party. Replying to a discussion on «Telangana State formation-progress achieved in the own state» in the assembly, Rao also known as KCR took potshots at NCP chief Sharad Pawar for saying BRS as «B Team of BJP and straight away associated with the saffron party (in Maharashtra)».

Nuh district Sunday razed some illegal structures including a hotel from where stones were allegedly pelted on a religious procession last week, even as a mahapanchayat was held in support of four men arrested over arson at a mosque and the death of its junior imam. Sunday was the fourth day of demolition drive after the communal flare-up in the district, with Deputy Commissioner Dhirender Khadgata saying a total of 162 illegally built permanent and 591 makeshift structures were razed and 57.5 acre land across 37 sites made encroachment-free.TMC leader and Rajya Sabha MP Saket Gokhale and some others, however, questioned the demolition drive alleging it targeted only a particular community.

Tottenham Hotspur manager Ange Postecoglou has chosen Harry Kane as the captain for their upcoming pre-season friendly against Shakhtar Donetsk. The decision comes amid Bayern Munich's persistent pursuit of the prolific striker, who holds the record for the most goals scored in Spurs' history.