Target Financial News

Day trading guide for today: Dragged down by profit booking in Reliance, leading IT and bank stocks, Indian stock market ended lower on second day in a row. NSE Nifty went off 72 points and closed at 19,672 levels while BSE Sensex finished 299 points lower at 66,384 mark.

Investing.com-- Gold prices edged lower on Tuesday, extending losses into a fourth straight session as markets hunkered down before a Federal Reserve meeting this week, while copper saw some strength as focus remained on Chinese stimulus measures.

Google Doodle on Tuesday celebrates the 122nd birthday of an Egyptian-German medical doctor, Dr. Mod Helmy. He was born in 1901 in Khartoum, Sudan, to a German mother and an Egyptian father.

Buy or sell stocks for today: Dragged down by profit booking, Indian stock market ended lower for second straight session. NSE Nifty corrected 72 points and ended at 19,672 levels while BSE Sensex lost 299 points and closed at 66,384 mark. Bank Nifty index finished 152 points down at 45,923 levels.

IDBI Bank's net profit rose 62% year-on-year to ₹1,224 crore in the quarter ended June 30, 2023, on the back of strong growth in interest income even as the bank stepped up provisions for bad loans. The lender's net profit stood at ₹756 crore in the corresponding quarter of the previous year.

West Indies, Indian pacer Mohammed Siraj, who was given the 'Player of the Match' award for his five-wicket haul, said that there was no help for pacers on the wicket and picking wickets in such conditions gives one confidence. The rain did not allow any play on the final day of the second Test between India and West Indies being held in Port of Spain on Tuesday, ending the match in a draw. With this, India has clinched the two-match Test series 1-0.

In the midst of ongoing market fluctuations, the outlook for Bitcoin (BTC) remains a topic of intense speculation. 

China's top leaders signaled they will ease property policies and adopt a plan to resolve local debt risks to help boost the economy as the recovery falters. The Communist Party's 24-member Politburo its top decision-making body led by President Xi Jinping vowed at a key economic policy meeting to optimize and adjust policies for the property sector.

Reliance Jio is scaling up the distribution of the Jio Bharat phone after finding success in its initial run which further reduces the chances of a headline tariff hike, analysts said. They added that Jio's sharp focus on subscriber adds will continue to help it gain a wider user base but will further challenge average revenue per user (ARPU) growth in the absence of hikes.

In a move that has significant implications for tax practitioners, the Internal Revenue Service declared Monday, in a drastic shift in its longstanding policy, that it will stop making unexpected home and business visits. The IRS has traditionally used these surprise visits as a strategy to recover unpaid taxes but faced growing criticism and safety threats to its employees.

NEW DELHI : India’s ambition to accelerate its green hydrogen mission faces challenges as the targets have not translated into actual demand, and the adoption of a gradual mandate for the use of green hydrogen may not help the country achieve the goal of 5 million tonnes (mt) capacity by 2030, said Sumant Sinha, the founder, chairman, and chief executive officer (CEO) of ReNew. “The size of the opportunity in green hydrogen is almost limitless in a way based on just what governments have stated as being their plans. But a lot of that has to translate from government targets to actual demand, and that has not happened so far," Sinha said in an interview at the Energy Transition Working Group Meeting and the Clean Energy Ministerial under India’s G20 presidency in Goa.

Investing.com — Pressing on with gains from four weeks, oil bulls targeted $80 per barrel for U.S. crude on Monday — and correspondingly higher prices for global benchmark Brent — as they turned what would typically be a mundane three-day stretch before a Federal Reserve rate decision into a hive activity.

By Ludwig Burger and Thomas Escritt

Trai) is in favour of a mechanism to selectively ban popular over-the-top (OTT) platforms, especially communication apps such as WhatsApp, Facebook and Telegram, in case a need arises, to ensure continuity of essential internet-driven services such as financial transactions, e-healthcare and online education. «Currently, the authorities are not able to selectively ban WhatsApp, Telegram and others.

Bengaluru: Karnataka Deputy Chief Minister DK Shivakumar on Monday said he had information that a plot was being hatched in Singapore to topple the state's Congress regime, setting off a minor tremor in the political circles. Shivakumar, who also heads the Karnataka Pradesh Congress Committee (KPCC), told media in Bengaluru that he had come to know about the conspiracy being hatched against the government on foreign shores.

Investing.com — Equifax Inc (NYSE:EFX) shares were weighed by a downgrade from BofA Securities, which cited an uncertain pace of mortgage recovery.

Opposition that accuses the Narendra Modi government of 'over-centralisation' now wants 'one man' alone, the prime minister, to speak on the violence in Manipur, or else… Three days into the monsoon session, Parliament continues to be in 'or else' mode: dysfunction. GoI has agreed to a discussion on Manipur in both Houses, with the home minister replying. But the Opposition is still seeing 'government' as 'PM' and 'PM' as 'government'.

The IRS says it is ending its decades-old policy of making unannounced home and business visits — in a an effort to keep its workers safe and combat scammers who pose as IRS agents

Oscar nominee Greta Gerwig’ Barbie’ proved itself to be the best movie by a female director with the opening of USD 162 million. On the other hand, Christopher Nolan-directed biographical drama Oppenheimer reached USD 82.4 million. Disney’s Haunted Mansion opened around USD 32 million.

Khongsang railway station in Manipur's Tamenglong district from Guwahati on Monday. Following the announcements of Union Home Minister Amit Shah, who visited Manipur for four days on May 29 to June 1, the railway authority in association with the state's transport department on Sunday dispatched the first goods trains carrying food grains and essential commodities to Manipur. Manipur Chief Minister N.

By Pablo Mayo Cerqueiro, Echo Wang and David French