Target Financial News

Subscribe to enjoy similar stories. NEW DELHI : Amazon is taking the fight to India’s quick commerce startups. Starting this December, the e-commerce giant will roll out 15-minute delivery in Bengaluru, targeting top-selling items like groceries and daily essentials.

Subscribe to enjoy similar stories. We have been talking about the Reserve Bank of India (RBI) easing interest rates for quite some time. The question now is: what is the appropriate time for the RBI to initiate this? The latest meeting of the central bank’s Monetary Policy Committee (MPC) was on 6 December.

Deputy Chief Minister Pawan Kalyan has allegedly received a death threat from an unidentified individual, the JanaSena Party said. The unidentified man made calls to his office and issued threats to «kill» him. The anonymous caller also sent offensive text messages targeting Kalyan, the party said on Monday. «Deputy Chief Minister Pawan Kalyan's office staff received threatening calls from Agantakudi. An unidentified person threatened that he (Kalyan) would be killed. He (the anonymous caller) sent messages using offensive language targeting the Deputy Chief Minister,» JanaSena Party posted on X.

Subscribe to enjoy similar stories. Mumbai: Shaktikanta Das will step down as the 25th governor of Reserve Bank of India (RBI) on Tuesday, at a time when the war on inflation is ongoing and economic growth has taken a sudden slow turn. Union ministers Nirmala Sitharaman (finance) and Piyush Goyal (commerce and industry) had called for rate cuts after GDP growth slowed to 5.4% in the July-September quarter.

Subscribe to enjoy similar stories. The war on inflation has a new general leading the charge, as India's top revenue officer Sanjay Malhotra moves from North Block to Mint Road. On Monday, the Union cabinet's appointments committee named the 1990 batch IAS officer to lead the Reserve Bank of India, a day before governor Shaktikanta Das leaves at the end of six years at its helm.

Subscribe to enjoy similar stories. POLTAVA, Ukraine—A team of soldiers sat inside a nondescript red bus with their eyes glued to a bank of screens blinking with yellow dots. The shapes represented Russian drones, missiles and planes cutting into Ukrainian skies.

As humans, our minds are designed to present options to us in binary terms. This is because dualistic thinking provides us with a sense of certainty.

Shaktikanta Das, another finance ministry bureaucrat has been appointed as the governor of the Reserve Bank of India (RBI). Revenue Secretary Sanjay Malhotra will replace Das. Economists were speculating over the future of Das in the wake of data showing the South Asian economy expanded 5.4% from July to September, a seven-quarter low and far below the Reserve Bank of India’s 7% projection, Bloomberg reported. When Shaktikanta Das joined the central bank six years ago, he had waded into a government-RBI rift. A deft bureaucrat like his predecessors Duvvuri Subbarao and YV Reddy, Das had a tough job: to clean the mess left by high-profile economists Raghuram Rajan and Urjit Patel whose tenure at the helm of the RBI was marked by spats with the government, erosion of confidence and high uncertainty. Now, when expectations for a rate cut have spiked after a long rate pause and the GDP dip, Malhotra will be heading the Monetary Policy Committee (MPC) when it considers a rate cut in its February meeting.

Turkish drone strike in a Kurdish-held area in northern Syria killed 11 civilians including six children, a war monitor said Monday. The attack comes a day after Islamist-led rebels ousted president Bashar al-Assad in a lightning offensive that saw them sweep swathes of territory from government control. «Eleven civilians, including six children, all members of the same family, were killed in a Turkish drone strike targeting a house» near Ain Issa, north of the city of Raqa, in a Kurdish-held area, the Syrian Observatory for Human Rights said.

Subscribe to enjoy similar stories. TEL AVIV—Israel said it had struck chemical-weapons caches and other missile and air-defense systems in Syria on Monday, taking advantage of the chaos there to destroy what it sees as dangerous assets that could fall into rebel hands. Since the stunning assault by Syrian rebels that brought down the regime of President Bashar al-Assad over the weekend, Israel said it has taken immediate steps to ensure the protection of its border amid the uncertainty engulfing the country.

Subscribe to enjoy similar stories. Indus Towers Ltd is set to get some relief from Vodafone Plc’s announcement that it will sell its stake of 3% in the company. Out of the estimated proceeds worth ₹2,800 crore, an amount of ₹1,900 crore would be used to repay Vodafone Idea Ltd’s (Vi) past dues to Indus, which stood at ₹3,500 crore in September.

Donald Trump’s election back into the office has begun with his loud announcements on heightened tariffs which has sparked concerns around the world. He recently targeted Mexico, Canada, and China, stating that if they fail to address the issue of illegal migration and drug smuggling into the US, he will impose a 25% tariff on all goods from Canada and Mexico; and “an additional 10% tariff, above any additional tariffs” on goods from China. While Trump has left India out of his initial tariff plans, he has made an announcement that if the BRICS (Brazil, Russia, India, China, and South Africa) countries create their own currency or back an existing currency to replace the United States dollar, the US will impose a 100% import tariff on these countries. As the world navigates through a realm of likely scenarios, when it comes to how the US exercises tariffs, there is China and then the rest of the world!

Shares are mostly lower in Asia, with South Korea's benchmark down 2.3%, after U.S. stocks rose to records on Friday

buy call on Inox Wind with a target price of Rs 245. The current market price of Inox Wind is Rs 206.4. Inox Wind, incorporated in 2009, is a Small Cap company with a market cap of Rs 26854.24 crore, operating in the Power sector. Inox Wind's key Products/Revenue Segments include Wind Turbine Generator, Sale of services and Other Operating Revenue for the year ending 31-Mar-2024.

buy call on Lemon Tree Hotels with a target price of Rs 164. The current market price of Lemon Tree Hotels Ltd. is Rs 136.65. Lemon Tree Hotels, incorporated in 1992, is a Mid Cap company with a market cap of Rs 10829.22 crore, operating in Tourism & Hospitality sector. Lemon Tree Hotels' key Products/Revenue Segments include Income from Rooms, Restaurants & Other Services and Other Operating Revenue for the year ending 31-Mar-2024.

The Nifty future closed positive with gains of 0.04% at 24775 levels on Friday. India VIX closed at 14.14 in the previous trading session.

buy call on Ashok Leyland with a target price of Rs 255. The current market price of Ashok Leyland is Rs 232.9. Ashok Leyland, incorporated in 1948, is a Large Cap company with a market cap of Rs 68298.36 crore, operating in the Auto sector. Ashok Leyland's key Products/Revenue Segments include Commercial Vehicles, Spare Parts & Others, Sale of services, Engine & Gensets, Ferrous Castings, Scrap, Export Incentives, Other Operating Revenue for the year ending 31-Mar-2024.

Canadian dollar and Australian dollar were in focus on Monday ahead of their central bank meetings this week, while the euro and other major currencies held steady as traders reviewed the U.S. dollar's prospects. With a quarter point rate cut by the Federal Reserve next week a near certainty as per market pricing, analysts say the dollar is looking tired after its long run-up in the four weeks since Donald Trump won the presidential election.

Assad regime that brutalised, tortured and killed thousands of innocent Syrians over the past half a century is a historic opportunity for the people of the country, outgoing US President Joe Biden said on Sunday. Biden spoke at the White House hours after rebel groups took over the country following more than a dozen years of violent civil war and decades of leadership by Bashar Assad and his family. «After 13 years of civil war in Syria and more than half a century of brutal authoritarian rule by Bashar Assad and his father before him, rebel forces have forced Assad to resign his office and flee the country. We're not sure where he is, but there's word that he's in Moscow. At long last, the Assad regime has fallen,» Biden said. «This regime brutalised, tortured and killed hundreds of thousands of innocent Syrians. The fall of the regime is a fundamental act of justice. It's a moment of historic opportunity for the long-suffering people of Syria to build a better future for their proud country,» he said.

30s: Getting into the loop Very few enter their 30s with a firm grasp on their finances. Most are only just beginning to find their feet in their careers. Around this time, most typically get married and are even blessed with an offspring, which brings on the burden of family responsibilities. Expenses start piling up, even as income is yet to pick up substantially. Some may take on a sizeable home loan along the way, which further squeezes the income. Lifestyle spends like travel and entertainment dominate this phase.

Our cover story explores the unique hurdles and opportunities that arise at different stages of planning for life after work. Whether you’re just starting to think about retirement, actively building your nest egg, or already enjoying its rewards, this issue is packed with insights, strategies, and inspiration to help you achieve the financial freedom you deserve.