Target Financial News

LIC) will announce its first-quarter results on August 10. «A meeting of the Board of Directors of the Corporation is scheduled to be held on August 10 to consider and approve the Unaudited Financial Results (standalone and consolidated) for the quarter ended on June 2023,» the company said in a filing. The shares of LIC have risen over 6% in the last six months but were down 9% on a year-to-date basis.

gummy. Cute, colourful and easy on the palate, the rise of nutraceutical players is because of a number of factors, especially a surge in interest for wellness products. An Accenture survey across 16 countries found that consumers are considering health and fitness an “essential”. About 80% said they intend to maintain or increase their spend on areas related to health. There have also been investments by MNCs in a bid to enter the space: Marico’s recent acquisitions of sizable stake in True Elements and Unilever’s investment in Oziva are cases in point. “It is growing at a CAGR of 21%,” says Ananya Agarwal, founder of Nyumi. “The pandemic has led to a demand for immune-boosting products, which has fuelled growth in this market,” says Saurabh Kapoor, co-founder, Wellbeing Nutrition.

immigration system, millions of workers face insurmountable hurdles to gaining permanent residence. It was always a risk that other governments would take the opportunity to lure skilled workers away from the US. Now it’s happening, thanks to a somewhat unlikely rival: Canada.

Mint explains why. In the first quarter of FY24 the government’s fiscal deficit widened to ₹4.51 trillion, or 25.3% of annual estimates, up from 21.2% a year ago. This was largely due to a sharp increase in capital expenditure and accelerated tax devolution to state governments, which offset the increase in non-tax revenue.

New Delhi: Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, on Wednesday signed two power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) for commissioning two solar power projects.

Scyne Advisory has appointed former PwC partner Richard Gwilym as its interim chief executive as the breakaway firm continues pitching its new approach to public sector consulting to wary federal and state government departments.

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has signed two power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) for commissioning two solar power projects, 200 MW and 150 MW, respectively.

«I think you would have to contextualise what is happening today versus how we have got to this point. We have had a pretty strong and resilient global equity market so far this year,» says Gautam Samarath, M&G PLC.Global cues and macros are giving shivers to markets across the world, and India is no different. Is it justified? Can the Fitch news blow up into something even bigger or maybe we are paying too much attention to it right now? I think you would have to contextualise what is happening today versus how we have got to this point.

Rajya Sabha MP Sanjay Singh on Wednesday said the Government of National Capital Territory of Delhi (Amendment) Bill, 2023, which seeks to replace the Delhi services ordinance, will not survive in the Rajya Sabha. All members of the opposition bloc INDIA will oppose the proposed legislation in the Upper House, he told PTI video. Tabled by Minister of State for Home Affairs Nityanand Rai, the proposed legislation will reverse the effect of a Supreme Court verdict that gave the elected government of Delhi power over administrative services in the national capital.

Quest Global is looking to grow its presence in India, and is hiring across its different verticals — aerospace and defence, semiconductor energy, medtech, and high tech. “Last year, we grew our headcount by about 15%, whereas our competitors grew by about 8-10%, and we expect this growth to continue,” Colleen Doherty, chief people officer, told ET. The engineering solutions company has about 17,500 employees globally, out of which about 10,000 are based in India, Doherty said.

Fitch cuts US credit rating to AA+ from AAA after debt limit standoffs; White House “strongly disagrees" Fitch Ratings enlisted six key rating drivers in its statement. Take a look: Erosion of Governance: Fitch believes there has been a steady deterioration in standards of governance in the US over the last 20 years, including on fiscal and debt matters, in spite of the June bipartisan agreement to suspend the debt limit until January 2025.

TikTok with new features. One such feature being rolled out by YouTube is the experimentation with live video previews in a user's Shorts feed, similar to how TikTok displays live videos. With the new addition, viewers can click on the preview to watch the livestream and explore other live videos within the feed.

New Delhi: The rise of connected television sets in India is all set to make advertising more targeted with new and small brands being able to address just the audience they wish to said Brett Poole, chief executive officer, APAC (Asia Pacific region) and AUNZ (Australia, New Zealand) at Finecast, a GroupM-owned addressable TV company that helps advertisers personalize and target ads on linear and on-demand TV. “We’re seeing huge growth in CTV in India, from 25 million last year, to 32 million this year and estimated to reach 40-45 million by 2025.

«See unicorns are a mythical creatures right. But what I would like to say is that we have just seen a large number of tech start-ups going IPO that is a great start right,» says Prateek Jain, The Fundamentum Partnership.What is your outlook about the growth of unicorns in the country? Do you see the future is bright for the growth of unicorns in India? See unicorns are a mythical creatures.

Gurugram, Sohna, and Manesar, as clashes erupted between two groups during a procession organized by the Vishva Hindu Parishad (VHP) in Nuh district on Monday. To maintain order and prevent further unrest, stringent measures have been put in place, resulting in a mix of restrictions and allowances across the affected regions:Nuh: The administration has imposed Section 144 and temporarily suspended mobile internet services in Nuh district until Wednesday. Section 144 prohibits the gathering of more than four individuals, as well as the organization of rallies, protests, or processions without prior approval from the police authorities.Gurugram: In the Sohna sub-division of Gurugram, all educational institutions will remain closed.

LONDON — Market expectations are split over the Bank of England's next monetary policy move on Wednesday, as policymakers near a tipping point in their fight against inflation.

Haryana, a Mahapanchayat is scheduled to take place in Manesar at 11 am on Wednesday, Hindustan Times reported. As per a report by HT, villagers and Vishwa Hindu Parishad (VHP) supporters are demanding the cancellation of arms licenses issued to Muslim men. Amidst the ongoing communal violence in Haryana's Nuh district, the situation escalated further as mobs carried out a late-night attack on a mosque, resulting in the tragic death of a cleric, PTI reported.

communal violence in Haryana. The VHP alleges that a specific community attacked pilgrims during a religious procession organised by its youth wing, the Bajrang Dal, to the Nallhad Shiv Temple in Nuh. “In the violence, hundreds of vehicles have been damaged and set on fire.

Fitch Ratings downgrade: Could a cut in US rating mean higher inflows to India, other EMs? MCX Gold for October delivery traded 0.26 per cent higher at ₹59,544 per 10 grams around 10:10 am. Gold prices may trade with gains today, taking support from the dollar's weakness after the Fitch downgrade. Ravindra V.

Western Australian Premier Roger Cook has denounced “extremist” protesters who descended on the home of Woodside chief Meg O’Neill and mounted a spirited defence of the natural gas industry, which he said was essential to the state’s energy transition.

Pinterest beat Wall Street targets for second-quarter results on Tuesday and forecast higher margins for the year, supported by an advertising market recovery and cost-cutting measures.Tech giants Meta Platforms and Google parent Alphabet had also recorded strong ad sales, signaling a rebound in marketing spending by businesses as inflation cools and consumer confidence improves. Pinterest CFO Julia Donnelly said its adjusted core earnings margin will be higher by «roughly 400 basis points» in the current fiscal year. It was 16% in 2022.