Diversity Financial News

Subscribe to enjoy similar stories. ‘It’s a riddle, wrapped in a mystery, inside an enigma.’ That may have been Sir Winston Churchill's oblique description of Stalin's Russia, but he may well have been referring to modern India. Closer home, Nobel Laureate Amartya Sen's view is equally relevant: ‘Whatever you can say about India, the opposite is also true.’ The fact is, India has never been easy to read.

Subscribe to enjoy similar stories. The Unified Payments Interface (UPI) platform ended 2024 on a high, posting record transactions in December both in terms of value and volume.

work-life balance and the pressure of long working hours has sparked a series of conversations in the corporate world. A recent incident shared by Parminder Singh, the COO of Tatler Asia, highlights a bizarre yet revealing moment from his career in India that sheds light on the rigid mindset some employers still have when it comes to hiring candidates with diverse interests outside of work.

Apple's board of directors has recommended shareholders vote against a proposal to end the company's diversity, equity and inclusion (DEI) programs, going against the grain of decisions by other large US corporates. The National Center for Public Policy Research, a conservative think tank, proposed Apple shareholders consider ending the firm's DEI program to prevent lawsuits following a 2023 Supreme Court's ruling against affirmative action in universities. But the Apple board has recommended voting against the proposal when it meets late this month.

Subscribe to enjoy similar stories. A series of paintings on showcase at DAG, Mumbai, showcase Bombay’s transformation from a colonial centre and a major port into the megapolis that we know as Mumbai today. Titled ‘Once Upon a Time in Bombay’, the exhibition, which opened as part of the Mumbai Gallery Weekend, chronicles the city’s evolving landscapes through the 19th and 20th centuries.

National Food Security Act (NFSA) of 2013 has been instrumental in reducing child stunting in India, preventing stunting in approximately 1.8 million children across eight states, reported TOI, citing a study published in the American Economic Association's Journal on Applied Economics. The evaluation highlights the impact of expanded food grain distribution under the Act on child nutrition, stunting, and dietary diversity. The study, conducted by Aditya Shrinivas of IIM Bangalore alongside researchers from the universities of California and Calgary, found that the Public Distribution System (PDS) under the NFSA improved not just nutrition but also household welfare. By increasing daily wages and overall income, the PDS provided crucial support to poor households, who are primarily net labor suppliers. Additionally, it helped vulnerable families withstand climate shocks such as poor rainfall or drought. The NFSA standardized entitlements to 5 kg of staple grains per person per month at subsidized rates—Rs 3 per kg for rice and Rs 2 per kg for wheat. Before the Act, states had discretion over prices and quantities offered under the PDS. This shift from per-household to per-individual entitlements particularly benefited larger families, prompting less generous states to expand their food distribution programs.

At the launch event on Thursday (9 January) attended by Investment Week, chair Helena Morrissey revealed the third iteration of the programme will also see the first cohort training to become traders. Ten members of the 2025 cohort will be aided by four senior traders in the City to help with the training and curriculum. Diversity Project launches third Pathway Programme with track for traders Around 240 women have taken part in the programme since its inception when including the current cohort, Morrissey noted, with 60 in 2023 and 80 in 2024. Speaking to IW, Morrissey pointed ...

Subscribe to enjoy similar stories. Three years after Donald Trump left the White House, he published a coffee-table photobook of his first term that showed him meeting with Mark Zuckerberg in the Oval Office. The photo carried an ominous warning.

Tesla CEO Elon Musk has eventually sparked a pretty huge controversy by criticizing the California fire officials while claiming that they prioritize diversity, equity and inclusion (DEI) measures over actually and effectively combating the wildfires, reported Independent. The remarks of Tesla CEO Elon Musk actually comes amidst the catastrophic wildfires which took place in Los Angeles County consuming over 27,000 acres while leading to at least five fatalities and widespread evacuations of more than 100,000 residents.

Narendra Modi on Thursday released the genome sequencing data of 10,000 Indian nationals and said it will be a milestone in the field of biotechnology research. The Genome India Data, that represents the genetic diversity in the country, will be available to researchers at the Indian Biological Data Centre (IBDC) through «managed access».

Subscribe to enjoy similar stories. Costco Wholesale Corp has made a business out of doing things its own way. It pioneered and perfected the high-low formula, selling bulk toilet paper and $1.50 hot dogs alongside gold bars, diamond rings and more wine from Bordeaux than any other retailer.

State Bank of India (SBI) taking charge of sensitive or troubled lenders in the country.

Himanta Biswa Sarma said on Tuesday that navy divers have been requisitioned to assist local authorities in rescuing the nine labourers trapped inside a coal mine in Dima Hasao district as the water level inside the quarry has risen to nearly 100 feet. The divers are flying in from Visakhapatnam and are expected to arrive soon, he said.

relief task force to rescue the trapped coal miners at Umrangshu area of the Dima Hasao district of Assam, according to an official press statement from the Indian Army.

Mercedes-Benz India has announced an organizational change in its Finance & Controlling function effective since 1st January 2025.  Emrah Ozer, currently associated as the Member of the Board of Management and Head of  Finance & Controlling, at Mercedes-Benz Otomotiv Turkey, is appointed as the Chief Financial  Officer, Mercedes-Benz India.

Subscribe to enjoy similar stories. Elon Musk and Vivek Ramaswamy have called for an increase in visas for skilled immigrants, angering some of President-elect Trump’s supporters. According to the two entrepreneurs, the U.S.

Subscribe to enjoy similar stories. The Indian government recently imposed a minimum import price (MIP) of ₹20,108 per tonne on soda ash until 30 June 2025. This decision, communicated by the Directorate General of Foreign Trade (DGFT), aims to curb the inflow of lower-cost imports and protect the local manufacturing sector.

Anupam Mittal, Shark Tank India judge and founder of People Group, welcomed the New Year with a sharp dose of sarcasm, blending humor with commentary on the hotly debated topic of a 70-hour work week. Taking to X (formerly Twitter), Mittal cheekily addressed the ongoing discussion, writing, “All those worried about 70-hour work weeks, relax!” He further added a futuristic twist, saying, “AI gonna take our jobs so we will have all the time to chill in 2025,” pairing his unconventional message with a Happy New Year greeting.

Check all the updates on the celebrations of Happy New Year 2024 here!Happy New year 2025 LIVE: Amid the increasing number of tourists for the New Year, Uttarakhand CM Pushkar Singh Dhami has directed officials to ensure smooth traffic flow and take special care of the security component in managing the traffic system of the state.The resort town of Gulmarg, located in the Baramulla district of Jammu and Kashmir, continues to attract large numbers of tourists for the New Year season.Varanasi has started attracting a huge influx of tourists ahead of the New Year. DCP Kashi Zone, Varanasi, Gaurav Banswal, stated measures taken to ensure a smooth celebration, including police patrol, road diversions for traffic regulation, etc."Jal police and NDRF are regularly patrolling the area.