Target Financial News
20.12 / 00:43
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Stocks to buy: Raja Venkatraman recommends three stocks for today — 20 December
Subscribe to enjoy similar stories. As investors await global cues to settle, mixed signals are beginning to emerge. The bullish momentum is slowing and Q2 earnings numbers are not really driving up momentum.
19.12 / 16:05
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Bank of England holds key rate as it warns of ‘heightened uncertainty’
The U.K.’s central bank warned Thursday of “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target, even at a time when the British economy is flatlining at best.
19.12 / 14:49
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US economy grows at 3.1% pace in third quarter, an upgrade from previous estimate
The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate
19.12 / 14:31
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Ajmera bets on acquisitions, JVs to expand m-cap to $5 billion
Subscribe to enjoy similar stories. MUMBAI : Mumbai-based Ajmera Realty and Infra India Ltd aims to expand its market capitalization (m-cap) by 10x to $5 billion through acquisitions and joint ventures (JVs), said Dhaval Ajmera, director at Ajmera Group. Ajmera added that to achieve the goal, the company is targeting at least 25-30% growth each year in terms of volumes, sales, and profitability.
19.12 / 12:29
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budget 2025
Budget 2025: What is FRBM Act and why it is always discussed during Budget talks?
fiscal discipline by reducing the fiscal deficit, achieving fiscal stability, and so much more.
19.12 / 12:29
19.12 / 12:01
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Text of the policy statement the Federal Reserve released Wednesday
WASHINGTON — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended:
19.12 / 10:21
Target
Manufacturing
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Indian manufacturing must adapt to constant flux in a dynamic world
Subscribe to enjoy similar stories. The global economic landscape is becoming increasingly interlinked and dynamic. Despite multiple shifts, 2023 saw global merchandise exports worth over $24 trillion, an increase of 6% over 2019, demonstrating resilience in the face of disruptions.
19.12 / 08:31
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The next big Fed debate: Has the era of very low rates ended?
Subscribe to enjoy similar stories. Investors shuddered on Wednesday after Chair Jerome Powell suggested the Federal Reserve was ready to take a break from cutting rates—and that the total quantity of reductions might be shallower than previously thought. Powell has described recent rate reductions as an effort to recalibrate borrowing costs to a more “neutral" setting.
19.12 / 06:59
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Nomura picks stake worth Rs 325 crore in Vishal Mega Mart via bulk deal
Nomura India Investment Fund Mother Fund has picked up a stake in the recently listed Vishal Mega Mart through a bulk deal on Wednesday, buying a stake worth Rs 324.96 crore. Nomura purchased 3 crore shares of the company on the NSE at a price of Rs 108.32 apiece, according to data available on the exchange website.
19.12 / 06:23
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British court gives Andrew Tate a $3 million 'jolt', influencer claims its 'outright theft'
influencer Andrew Tate and his brother Tristan over unpaid taxes. As reported by Reuters, the ruling from Westminster Magistrates’ Court follows allegations that the Tates failed to pay taxes on £21 million in revenue generated from their online businesses between 2014 and 2022. Judge Paul Goldspring found evidence of deliberate tax evasion, marking a critical escalation in the brothers' legal troubles across multiple jurisdictions.
19.12 / 06:19
Target
Digital
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How to build a ₹5 crore retirement corpus with ₹1.5 lakh monthly salary
My 35-year-old cousin earns ₹1.5 lakh per month and recently paid off their home loan. They invest ₹45,000 in mutual funds (Nippon Indian small cap, Mirae bluechip and PPFAS flexi-cap) monthly and ₹50,000 in the National Pension System yearly. What additional investments can help them build a ₹5 crore retirement corpus?
19.12 / 06:13
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Target
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2020
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Relationships
New charges target ex-Miami congressman for lobbying on behalf of sanctioned Venezuelan tycoon
A grand jury in Washington has returned an indictment against former Congressman David Rivera for failing to register as a foreign agent of a sanctioned Venezuelan media tycoon on whose behalf the Miami Republican allegedly lobbied the Trump administra...
19.12 / 06:13
19.12 / 04:07
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Add Mastek, target price Rs 4,000: HDFC Securities
HDFC Securities has an add call on Mastek with a target price of Rs 4000. The current market price of Mastek is Rs 3230.4. Mastek, incorporated in 1982, is a Small Cap company with a market cap of Rs 9971.70 crore, operating in IT Software sector. Mastek's key products/revenue segments include I T Services for the year ending 31-Mar-2024.
18.12 / 23:23
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Federal Reserve cuts interest rates by quarter point in December
Heritage Research fellow and economist EJ Antoni joins ‘The Big Money Show’ to discuss reports the Federal Reserve is likely to cut rates for the third time this year.
18.12 / 19:51
18.12 / 19:51
markets
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Updates
Fed cuts by a quarter point, indicates fewer reductions ahead
WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years.
18.12 / 18:27
markets
Target
Digital
Platform
Strategy
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awards
Welspun One targets Rs 4,000-cr fund raise as global investors eye strategic GP-level entry
industrial real estate manager Welspun One aims to raise more than Rs 4,000 crore as a new fund to support the platform’s growth strategy even as global investors are exploring financial and strategic general partnerships with the fund. This will be among the first instances of a General Partner (GP) level alliance in the Indian private equity industry. The platform, backed by Welspun Group, is looking to double its portfolio to more than 32 million sq ft by 2028, and has already identified a robust pipeline of over 8 million sq ft across multiple assets in the country.
18.12 / 12:25
18.12 / 11:07
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Target
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innovations
India introduces G20 Talent Visa to attract top global scholars and professionals
G20 Talent Visa. Targeted at scholars, researchers, and professionals from G20 nations, this initiative aims to bolster India's scientific and educational ecosystem. The announcement aligns with Prime Minister Narendra Modi’s proposal at the G20 Summit in September, where he emphasized the need to create opportunities for top talent in science and technology. Speaking at the summit, the Prime Minister Modi said, “Similar to how all countries issue different categories of visas, we can establish a ‘G20 Talent Visa’ as a special category. This type of visa could be highly beneficial for our top science and technology talent to explore global opportunities. Their talent and efforts can contribute significantly to our economies.”
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