Target Financial News

Beneath the stated justifications of any war in history—righteous causes, nuclear threats, regime changes—the bedrock truth is the same. Conflict is and has always been a quest for resources. The Iran war is merely the latest chapter.

New Delhi: India has joined a group of developing economies in pushing for a global framework to reduce the cost of cross-border remittances, positioning the issue as a key development priority ahead of the 14th Ministerial Conference of the World Trade Organization scheduled in Yaoundé, the capital of Cameroon, later this month.The conference will take place during 26-29 March 2026.In a revised draft ministerial declaration circulated on 17 March, India, along with Morocco, Pakistan and the African Group, called for coordinated global action to bring down remittance transaction costs, which remain significantly above the United Nations’ Sustainable Development Goal target of less than 3% by 2030.India is world’s largest recipient of remittances, with inflows estimated at around $135.4 billion in FY25, according to an India Brand Equity Foundation (IBEF) report. This marks a steady rise from about $129 billion in 2024 and reflects a strong increase over the past decade.

Best stocks to buy today (all buy trades are rates of equity and sell rates are based on F&O)Federal Bank Ltd: Buy above ₹266 | Stop ₹250 | Target ₹289 (multiday)Aurobindo Pharma Ltd: Buy above ₹1,298 | Stop ₹1,245 | Target ₹1,410 (multiday)Vardhman Textiles Ltd: Buy above ₹555 | Stop ₹525 | Target ₹610 (multiday)On 17 March 2026, Indian equity markets closed on a positive note with midcap and smallcap indices advancing steadily. The Nifty Midcap Index rose by 1%, while the Smallcap Index added 0.65%, reflecting broad-based buying interest.

Mumbai: Global private equity firm L Catterton’s India pool of capital, led by former Hindustan Unilever (HUL) chief Sanjiv Mehta, is eyeing more proprietary deals in the country after deploying over $100 million across companies like Farmley, Haldiram’s and Healing Hands Clinic over the last year.“Our deals are primarily proprietary in nature, and we don’t take part in intense bidding processes. This preferential access allows us to have better returns for our investors through better pricing discipline.

The Reserve Bank of India’s (RBI) February 2026 amendments of its Credit Facilities Directions, together with the overhaul of its framework for external commercial borrowings (ECBs), has recast India’s acquisition finance regime and opened a regulated channel for bank-led acquisitions. RBI’s new directions allow banks in India to extend ‘acquisition finance’ to non-financial corporates in the country or their subsidiary or step-down special purpose vehicles (SPVs) so that they can acquire strategic ‘control’ through equity shares or compulsorily convertible debentures in a domestic or foreign target, where the transaction is a long-term strategic investment for value creation.

India’s Viksit Bharat 2047 vision requires a massive expansion of infrastructure and manufacturing, highlighted by the $1.3 trillion National Infrastructure Pipeline. However, achieving this alongside India’s net-zero 2070 target poses a financing challenge: investment must jump from $14.7 trillion to $22.7 trillion for a full green transition. To remain globally competitive amid tightening carbon border rules, key sectors such as steel and cement must decarbonize rapidly.

Jindal SAW Ltd: Buy above ₹199 | Stop ₹187 | Target ₹223 (multiday)State Bank of India: Buy above ₹1,070 | Stop ₹1,020 | Target ₹1,165 (multiday)Astral Ltd: Buy above 1,625 | Stop ₹1,510 | Target ₹1,785 (multiday)On 16 March 2026, Indian equity markets staged a sharp rebound after three consecutive sessions of losses, with the Nifty 50 closing firmly above the 23,400 mark. The day began on a cautious note, with indices swinging between gains and losses amid heightened volatility.

India’s recent run of subdued inflation may be staring at an end. Data released on Monday showed wholesale inflation hitting an 11-month high of 2.1% from a year earlier in February. Consumer inflation, measured by a reset gauge, was 3.2% last month.

IPO-bound Central Mine Planning and Design Institute (CMPDI), the mining consultancy arm of Coal India Ltd, is betting on the state-run miner’s ambitious production expansion to drive its own growth in the coming years, even as it looks to diversify into critical minerals and overseas projects.The organization’s relationship with Coal India should not be seen as a dependency but rather a “symbiotic” partnership that has evolved over the last five decades, said Chaudhari Shivraj Singh, chairman and managing director at CMPDI, told Mint.“CMPDI has been with Coal India for nearly 50 years and has played a big role in bringing the company to its current scale. All exploration, mine planning and prioritisation of mining activities have been carried out by CMPDI,” Singh said.Coal India continues to dominate India’s coal output, accounting for about 67% of the country’s production last year, while the remaining 33% came from government, public sector and private companies.

According to a recent Wall Street Journal article, one of the reasons “the U.S. and Israeli attacks on Iran have unfolded at unprecedented speed and precision” is “a cutting-edge weapon never before deployed on this scale: artificial intelligence.” Yes, the growing use of AI in modern warfare has coincided with its approved use in modern life.

Renault S. A.

Best stocks to buy today (All Buy trades are rates of Equity & Sell rates are based on F&O)ONGC: Buy above ₹266, stop ₹250 target ₹299 (Multiday)RELIANCE: Buy above ₹1385, stop ₹1290 target ₹1550 (Multiday)ATGL: Buy above ₹570, stop ₹530 target ₹650 (Multiday)In 1991, the Gulf War sent crude prices sharply higher and almost doubled India’s oil import burden in a short span. Because India was heavily import-dependent and had very low foreign-exchange buffers, every extra dollar of crude directly worsened the macro picture.

Ambuja Cements Ltd, which was acquired by the Ahmedabad-based conglomerate in September 2022, told analysts at a plant visit last week that it will not rush into expansions at the expense of margins. The company was open to pushing back its FY28-end target of achieving 155 million tonnes per annum (mtpa) capacity by a couple of years as it looks to increase the utilization of its existing capacity.

LNG. The ongoing war has brought maritime traffic in the Strait of Hormuz to a halt, a busy channel used to transport oil and gas to many countries, including India. The impasse has highlighted India’s dependence on gas imports, particularly from Qatar, and how that impact isspread across a range of sectors.Over the years, natural gas has progressively come to play a greater role in India’s energy mix, supplementing crude oil (in the transport sector) and coal (in the power sector).

₹13.22 crore, just 3.7% of the targeted ₹350 crore in interest subvention, according to a parliamentary written response by the Union ministry of micro, small, and medium enterprises (MSMEs).The MSME ministry’s Lok Sabha disclosure, a written response by minister of state Shobha Karandlaje on 12 March, showed Tamil Nadu had the most MSE beneficiaries at 1,067, followed by Punjab (610) and Rajasthan (608).The scheme, which began in 2023-24 and runs until 2025-26, is set to end on 31 March.

₹520.05 on Thursday, having lost 23% of its value in the past year.This performance contrasts sharply with the Nifty PSE index, of which IRCTC is a part, which has gained 19% during the same period.

Market trends remain weak and the indices face intense volatility. Investors are carefully monitoring both domestic and international developments to determine the market's next direction.Buy above ₹932, stop ₹890, target ₹1025 (Multiday)Sell below ₹1275, stop ₹1315, target ₹1205 (Multiday)Sell below ₹1555, stop ₹1610, target ₹1465 (Multiday)Why it’s recommended: Cholamandalam Investment and Finance Company Limited is currently facing a technical breakdown. Despite a significant rally earlier in the year, the stock has hit a ceiling at higher levels, triggering persistent selling pressure.

KKR plans to own multiple independent platforms for renewable energy assets in India, a key market for the global private equity giant, where it is betting on infrastructure and financial services to consumer technology.KKR is vying for larger assets, such as Sprng Energy and Gentari, directly through its Asia fund, rather than via its renewable energy platform, Serentica. "The idea is to have multiple energy platforms in the country," said a person with knowledge of the firm's strategy.“The assets are large, and Serentica does not have the debt gearing or equity to finance those deals.

Stock market recap: The Indian stock market saw healthy gains on Tuesday, 10 March, after two consecutive sessions of losses that dragged the Sensex and the Nifty 50 down 3% each. The market rebound followed a drop in crude oil prices and recovery in global peers amid hopes that the conflict in West Asia could end soon.The Sensex jumped 640 points, or 0.82%, to end at 78,205.98, while the Nifty 50 climbed 234 points, or 0.97%, to settle at 24,261.60.The mid and small-cap segments outperformed strongly.

Mint spoke to said the same—inquiries have thinned, with no explanation about what has changed. IndiaMART has been their entire digital existence. But somewhere between a buyer’s question and an AI agent’s answer, their phones have begun to ring less often.IndiaMART, India’s largest business-to-business (B2B) marketplace, was built on a single premise: helping buyers find sellers.

India's retail inflation under the new series is expected to rise to 3.1% in February from 2.8% in January, driven by increases in prices of some food items from a year ago, according to a Mint poll of 18 economists.India’s statistics ministry had released a ‘back series' for the Consumer Price Index (CPI) using the new base year of 2024. Economists in the poll expect the second print of the CPI under the new rebased series to land in the range of 2.8-3.4%.