Buy Bharat Electronics, target price Rs 246: LKP Securities

SynopsisBharat Electronics Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 50400.93 Crore) operating in Defence sector.Promoters held 51.14 per cent stake in the company as of 30-Sep-2021, while FIIs owned 15.73 per cent, DIIs 28.33 per cent.LKP Securities has buy call on with a target price…Continue Reading

Stock market update: Sugar stocks up as market rises

NEW DELHI: Sugar stocks were trading higher on Monday at 11:02AM Uttam Sugar Mills(up 2.38%), Dharani Sugars & Chemicals(up 1.63%), BAJAJHIND(up 1.49%), EID Parry(up 1.27%), K.M.Sugar Mills(up 1.05%), AVADHSUGAR(up 1.05%), Triveni Engineering & Industries(up 0.92%), Mawana Sugars(up 0.73%), Rajshree Sugars & Chemicals(up 0.64%) and Dwarikesh Sugar Industries(up 0.64%) were among the top gainers. Shree Renuka…Continue Reading

Boris Johnson to commit hike in UK’s climate finance at start of COP26

The world must move from aspiration to action to limit rising global temperatures, British Prime Minister Boris Johnson will tell world leaders at the COP26 climate summit in Glasgow on Monday as he commits to increase the UK’s climate finance by GBP 1 billion by 2025. In an address at the World Leaders Summit opening…Continue Reading

Japan’s ruling conservatives easily keep majority in parliamentary election

TOKYO — Japanese Prime Minister Fumio Kishida’s ruling Liberal Democratic Party defied expectations and held its strong majority in Sunday’s parliamentary election, solidifying his position in a fractious party and allowing him to ramp up stimulus.The conservative LDP emerged with fewer seats in the powerful lower house than it won in the last election in…Continue Reading

2,000 FDNY firefighters take medical leave as vaccine deadline approaches

More than 2,000 New York City firefighters have taken medical leave in the past week as unvaccinated municipal workers face the start of sanctions Monday.Frank Dwyer, deputy commissioner of the New York City Fire Department, said by email that the number of firefighters on medical leave was “very unusual.” The department employs roughly 11,000 firefighters.Some…Continue Reading

White House press secretary Jen Psaki tests positive for Covid

ROME — White House press secretary Jen Psaki said on Sunday that she had contracted a breakthrough case of Covid after members of her household tested positive.Psaki was initially expected to leave Washington with the president on Thursday for his week-long trip to Italy and Scotland, but principal deputy press secretary Karine Jean-Pierre joined instead.Psaki…Continue Reading

Suspect arrested in fatal shooting at California council member’s home

A suspected gunman was arrested after a shooting at a city council member’s home in Gilroy, California, left one person dead and three injured, authorities said Sunday.The gunman was identified by police in Gilroy, south of the San Francisco Bay Area, as Benjamin Calderon, 19. He was arrested on suspicion of homicide and was being…Continue Reading

Biden faults China, Russia for absence at G-20 climate talks

ROME — President Joe Biden on Sunday said that G-20 leaders had made “tangible progress” on shared challenges including climate change, as pressure ramps up for the United States and other high carbon-emitting countries to commit to more aggressive action ahead of this week’s United Nations climate summit.When asked at a press conference Sunday evening…Continue Reading

Biden hopes third time’s the charm

President Biden and congressional leaders are forging ahead with plans to have the House vote on his two massive spending plans, even while backing off their Tuesday deadline amid persistent concerns from key lawmakers.Why it matters: For all their bluster, Biden and House Speaker Nancy Pelosi have failed twice to hold promised votes on the…Continue Reading