Progressive Financial News
19.03 / 20:45
Progressive
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Boeing shares jump following Japan Airlines orders, CFO says cash burn is improving
Japan Airlines on Wednesday. The airline plans to replace its older Boeing 767 aircraft with 11 new planes from Airbus.
19.03 / 17:41
Art
Progressive
Sustainability
Healthcare
poverty
country
social
Rework the CSR framework to incorporate a sliding scale of contributions and tax breaks
'Badalna padega, saahab… warna kuch badal nahi payega!' — Swades 'Koi bhi desh perfect nahi hota, usse behtar banana padta hai!' — Rang De Basanti Are Indian businesses truly giving back to society, or are they merely ticking a regulatory box? Why do most large Indian companies spend their CSR budgets on projects that reflect the personal interests of their promoter families? And could strategic tax breaks make even the hardest-nosed corporations more generous and genuine towards social causes? In 2022-23, nearly 24,500 companies contributed around ₹30,000 cr to CSR, with most funds directed towards education and healthcare. Maharashtra and Karnataka were the top two beneficiary states, likely due to the concentration of large corporate headquarters in Maharashtra.
19.03 / 10:47
COST
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International
Make fiscal subsidies easy to monitor at every level of government
Subscribe to enjoy similar stories. Despite fiscal constraints and rising opportunity costs, election campaigns in India remain significantly dominated by promises of freebies, cash transfers and subsidies. This makes transparency in subsidy spending more critical than ever.
19.03 / 09:31
UPS
Progressive
CEO
M&G unveils increased interim dividend as profits grow by 5%
In its full year results for 2024 released today (19 March), M&G revealed that its new dividend policy will begin with a 2% boost to the 2024 total dividend per share. This add on takes the total dividend for the year to 20.1p, with the second interim dividend of 13.5p per share set to be paid on 9 May. M&G private credit LTAF receives regulatory approval According to M&G's group CEO Andrea Rossi, the increase in pre-tax profits gave the company «confidence» to embark on the progressive dividend policy. Last year, saw the FTSE 100 firm posted £837m in pre-tax profits, up 5% fr...
19.03 / 04:01
Art
Progressive
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Universities
beautiful
Features
How Rahul Mishra's designs reflect the interwoven beauty of nature and humanity
Rahul Mishra’s oeuvre, implicitly or explicitly, from luxuriant tropical flora, lizards, honeybees and cocooned silkworms to living coral atolls, billowing cnidarians and towering arboreal biomes. Yet he is ever mindful of the impact of man-made progress too. Joyful, vibrant profusion or sombre, reflective symbolism, Mishra expresses the disturbing dichotomy of our modern world with rare sensitivity. The interconnectedness of the cosmos is a common thread in his work, which is why Mishra’s ensembles were the natural choice to enhance the message of The 25th edition of the Economic Times Awards for Corporate Excellence. In an interview, Mishra expands upon his inspiration and motivation.
19.03 / 02:05
Progressive
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Families of hostages in Gaza are terrified they won't return after Israel resumes fighting
«I really wanted to believe that there is still a chance to reach a second stage without renewing this war. But it feels like my building of hope has collapsed, and I have no idea what to do next,» Nimrodi said Tuesday. Nearly 60 families have relatives still held in Gaza. About two dozen hostages are believed to be alive. During the ceasefire's first phase, which began in January, Hamas released 25 Israeli hostages and the bodies of eight others in exchange for nearly 2,000 Palestinian prisoners. But since that phase ended early this month, the sides have not been able to agree on a way forward. Israel's renewed airstrikes threaten to end the fragile deal.
18.03 / 16:49
Progressive
War
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infection
pneumonia
Pope Francis sends heart-warming message in letter to editor ahead of King Charles II' visit
Pope Francis said in a letter published Tuesday that his lengthy illness has helped make «more lucid» to him the absurdity of war, as his top deputy shot down any suggestion of resignation and plans progressed for an upcoming meeting with Britain's King Charles III, as per a report. Italian daily Corriere della Sera published a letter to the editor from Francis, signed and dated March 14 from Rome's Gemelli hospital where the 88-year-old pontiff has been treated since February 14 for a complex lung infection and double pneumonia, AP reported. In it, Francis renewed his call for diplomacy and international organizations to find a “new vitality and credibility.” And he said that his own illness had also helped make some things clearer to him, including the «absurdity of war». “Human fragility has the power to make us more lucid about what endures and what passes, what brings life and what kills,” he wrote. Responding to a letter from the newspaper’s editor-in-chief, Luciano Fontana, Francis also urged him and all those in the media to “feel the full importance of words.”
18.03 / 15:39
UPS
Progressive
Fighting
reports
Courts
Justin Baldoni’s legal fight with Blake Lively heats up as lawyer declares if there's a possibility of settlement before trial in May 2026; here's where the case is headed
Justin Baldoni and Blake Lively's legal battle continues, with Justin Baldoni's lawyer indicating that a settlement before the 2026 trial is unlikely and the courtroom drama is far from over. Blake Lively obtained a confidentiality order, whereas Baldoni insists on proving his innocence in court. Both sides remain firm, and tensions rise as the case progresses, as per reports.
18.03 / 11:21
Progressive
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country
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rights
In charts: Young Indians are patriotic and progressive, but politically disengaged
Subscribe to enjoy similar stories. NEW DELHI : India is one of the youngest countries in the world, with 27.3% of its population aged 15–29 years, which is considered the “youth". The young population is viewed as the key to unlocking a country’s identity, social inclusion and rights, and political activism.
18.03 / 09:01
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Justice
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SC relief for former IAS trainee Puja Khedkar; interim protection from arrest extended
Supreme Court on March 18, with the top court extending its interim order protecting her from arrest. Khedkar is accused in a document forging case, which she allegedly did to qualify for the 2022 Union Public Service Commission (UPSC) examination. A bench comprising Justices BV Nagarathna and Satish Chandra Sharma instructed the Delhi police to expedite their investigation into the matter.
18.03 / 08:41
UPS
Progressive
Research
exclusive
information
testing
patient
How to improve clinical trials
Subscribe to enjoy similar stories. Last year Roche, a Swiss pharmaceutical firm, published a review of the clinical trials on neurological drugs it had held between 2016 and 2021. It found that black people were under-represented in all but one.
18.03 / 07:31
Progressive
Strategy
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performer
athletics
sprint
Mamaearth’s Ghazal Alagh says don't give 100% every day. What is her success formula?
Mamaearth's Ghazal Alagh suggests doing the opposite. Her advice? Don’t give your 100%. But why? In a LinkedIn post, the youngest self-made entrepreneur shared a fresh perspective on productivity, emphasizing that giving 100% every single day might not be the best approach to building a solid business. Reflecting on years of relentless work, she realized that constantly striving for perfection can backfire. Instead, she advocates for what she calls the "85% Rule"—a strategy of focused effort and smart prioritization. She draws a parallel with top athletes who, despite rigorous training, understand the importance of rest and recovery. That balance allows them to perform at their peak when it truly matters. The same principle applies to entrepreneurship.
18.03 / 02:49
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Hamas warns that Israel's new airstrikes breach their ceasefire
Hamas warned that Israel's new airstrikes early Tuesday breached their ceasefire and put the fate of hostages in jeopardy. Israel said it launched the wave of airstrikes across the Gaza Strip because of a lack of progress in ongoing talks to extend the ceasefire. It was not immediately clear if the operation was a one-time pressure tactic or if the 17-month-old war was being resumed altogether. Hamas said Israel's government was responsible for an «unprovoked escalation» against Palestinians. Gaza's ministry of health said at least 44 people were killed in the airstrikes early Tuesday. Israel launched a wave of airstrikes across the Gaza Strip early Tuesday, saying it was striking Hamas targets in its heaviest assault in the territory since a ceasefire took effect in January. Prime Minister Benjamin Netanyahu said he had ordered the strikes because of a lack of progress in ongoing talks to extend the ceasefire. It was not immediately clear if the operation was a one-time pressure tactic or if the 17-month-old war was being resumed altogether.
18.03 / 02:09
Citi
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Southern
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hospital
At least 44 people killed in new Israeli strikes against Hamas, Gaza officials say
Gaza early Tuesday morning. Israel launched a new wave of airstrikes across the Gaza Strip, saying it was striking Hamas targets in its heaviest assault in the territory since a ceasefire took effect in January. Prime Minister Benjamin Netanyahu said he had ordered the strikes because of a lack of progress in ongoing talks to extend the ceasefire. It was not immediately clear if the operation was a one-time pressure tactic or if the 17-month-old war was being resumed altogether. «This comes after Hamas repeatedly refused to release our hostages and rejected all offers it received from the U.S. presidential envoy, Steve Witkoff, and from the mediators,» Netanyahu's office said. Taher Nunu, a Hamas official, criticized the Israeli attacks. «The international community faces a moral test: either it allows the return of the crimes committed by the occupation army or it enforces a commitment to ending the aggression and war against innocent people in Gaza,» he said.
17.03 / 13:17
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Most unicorn founders not natives, Pai says, urging CM not to create illiberal environment
“They have come and enriched us here, created huge jobs. We must be an open progressive forward society not parochial like some of our neighbors, he said in a post on X. “The best and brightest of India are welcome here.” He was referring to data that showed most unicorn founders came from Maharashtra followed by Delhi, Uttar Pradesh, Rajasthan and Tamil Nadu. In a series of posts, he warned that Karnataka was on its way of losing out massively by the time the term of the present Congress regime ends, while urging chief minister Siddaramaiah to act for a “mid-course correction". The former Infosys board member said this in response to a reported remark by Telangana CM Revanth Reddy that his state was finding it difficult to pay salaries to employees on the first day of every month due to the weak financial position of the state.
17.03 / 09:37
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Diversity
Caution: Attacks on DEI in the US threaten to cement glass ceilings
Subscribe to enjoy similar stories. Women’s History Month began as a way to honour women’s contributions throughout time. It was meant to commemorate their ‘firsts’ and perhaps more importantly, to inspire future generations of ladies to achieve greatness.
17.03 / 05:13
Progressive
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innovations
Podcasts
PM Modi hails Elon Musk's DOGE Mission on Lex Fridman podcast, recalls decade-long bond with Tesla chief
Elon Musk and spoke at length about India’s role in global technological advancement. Noting that his recent meeting with Musk was warm and personal, Modi recalled his decade-long association with the Tesla boss. «I've known him since my time as chief minister. He was there with his family and children, so naturally the atmosphere felt so warm and friendly. Of course we had discussions and we talked about many different topics,» PM Modi said in the MIT podcast. The Prime Minister also praised Musk’s DOGE (Department of Government Efficiency) Mission, saying it reflects a shared spirit of innovation. «Of course, we had discussions and we talked about many different topics. Now, with his DOGE mission, he is incredibly excited about how it's progressing and honestly, it makes me happy, too,
17.03 / 05:13
Progressive
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Investigations
Fires and a burnt wallaby at St Patrick's Day celebrations in Dunedin University
New Zealand media reported large groups of students moving around the streets near Dunedin University early Monday (March 17) morning with many indulging in a challenge known as “six before six”, which is about consuming six alcoholic beverages before 6am. Many students admitted that it was a popular way of celebration among them. As the day progressed, the number of students increased manifold and there was loud music too. Streets were littered with broken glasses and at least one also had a burnt couch. According to police officers, at least four such fires were reported from the area with the The Otago Daily Times reporting that a wallaby was found burned on one of the couches. Police have confirmed that they are investigating the alleged incident of a wallaby being burnt.
16.03 / 13:15
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electronic
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The man behind Microsoft’s decadeslong quest to build a quantum computer
Subscribe to enjoy similar stories. A Microsoft executive made a compelling pitch to mountaineer and physics professor Chetan Nayak in 2000: Join the Redmond, Wash., company and together they would scale nearby Mount Rainier—and build a quantum computer. He summited Washington’s highest peak within two years.
16.03 / 09:47
Progressive
Remark
community
stage
Olympics
peace
International
Amit Shah urges Bodo youth to prepare for Olympics 2036
Amit Shah on Sunday urged the Bodo community to prepare for the upcoming 2036 Olympics, which is proposed to be held in Ahmedabad. Speaking at an event in Kokrajhar, Shah urged the youth of the Bodo region to start their preparations early to represent India on the international stage. Amit Shah also highlighted the progress made under the Bodo Accord, stating that 82 per cent of its clauses have already been implemented, with a commitment to achieving 100 per cent implementation within the next two years. These remarks comes as part of the Central Government's efforts to promote peace and development in the Bodoland region. He pointed out that the Centre has allocated a substantial Rs 1,500 crore for the development of Bodoland, which is home to approximately 35 lakh people.
15.03 / 17:21
Progressive
security
WhatsApp
Bill
social
consequences
Chuck Schumer in the line of fire as Democrats revolt against him, leaders ask Alexandria Ocasio-Cortez to primary him
The bill, passed by the House with rare GOP unity, funds the government until September but omits safeguards against Trump’s unilateral agency closures and budget slashing. Progressive lawmakers like Alexandria Ocasio-Cortez and Ro Khanna slammed Schumer’s pivot as a betrayal, arguing it surrenders congressional oversight and empowers Trump’s austerity agenda. The legislation mandates $1 billion cuts to Washington, DC, risking layoffs for teachers and police, while past shutdowns saw federal workers furloughed and services disrupted. Schumer defended his decision, claiming a shutdown would grant Trump unchecked authority to define “essential” operations, though critics like Sen. Chris Van Hollen argue the bill still enables executive overreach. With Democrats divided, the move highlights tensions over balancing fiscal responsibility with resisting Trump’s dismantling of federal programs, as the administration continues sidelining agencies like Social Security without congressional input.
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