Sustainability Financial News

₹50 a bag in August from the normal ₹30-40 a bag. In fact, it was around ₹80 a bag in some parts of India, indicating weak demand from the infrastructure segment, the report added. The individual home building segment is the biggest driver of cement demand in India, estimated to contribute over 50%, followed by the infrastructure segment.

On the occassion of the first International solar festival, Modi explained the importance of transitioning to using solar energy in the current world. Currently on a state visit to Singapore, the Prime Minister said that India is expanding its horizons in the field of solar power, and highlighted the three factors that make solar energy a sustainable solution: awareness, affordability and availability.

In an interaction with ET Digital, Ashvin Patil, Founder & Director, Biofuels Junction, says his company plays a critical role in the ongoing decarbonisation efforts as a supply chain partner to replace fossil fuels. Patil also explains how with the right technological solutions, India can create a more sustainable and efficient system to manage agricultural residue and promote the growth of the biofuels sector.

RecommerceX, a chemical recycling and sustainability startup, has raised $3.6 million in a funding round led by venture capital firm Accel and Kae Capital. The funds will be used for expanding the team, developing its technology platform, investing in R&D for advanced material recovery, and scaling business operations in India and other international markets. According to founder and chief executive Shobhit Goel, this space is highly unorganised, with no major players managing these categories.

For the first time ever, India’s real estate market has been categorized as ‘transparent’ by the Global Real Estate Transparency Index, compiled by property advisory JLL every two years. Mint explains the index and India’s position. Launched in 1999, and conducted every two years, it categorizes real estate markets into five tiers—highly transparent, transparent, semi-transparent, low transparency and opaque.

Buy or sell stocks for today: The Indian stock market's leading indices, the Sensex and Nifty 50, closed in the red on Wednesday, September 4, due to profit booking in major stocks like ICICI Bank, Infosys, and Larsen & Toubro (L&T), coupled with weak global signals. The Sensex opened with a sharp decline of 710 points at 81,845.50 and stayed in negative territory throughout the session, reaching an intra-day low of 81,833.69, a drop of 722 points.

The AntiHustle (2017), author Nicole Purvy wrote, “The hustle culture is focused on the amount of work and sacrifices you’re making to be successful. We need to change the mindset and find new ways of working things, because what you do will never be enough." Keeping this in mind, some companies are gradually beginning to take notice and value individual preferences and diverse work styles, says Prof. Mohapatra.

A Ugandan athlete living in Kenya was attacked and set on fire by her boyfriend and is receiving treatment for burns on 75 per cent of her body, police said.

Ajay Bagga, Market Expert, says the rural economy coming back is the bigger story. For banks, the issue is twofold. One is there is going to be a NIM compression given that there is a deposit war out there and that sustainable funding is still being sought. A big chunk of the financial savings are going into the markets through various instruments like mutual funds, insurance, provident funds, NPS, or direct investments. Bank deposits are hurting. They have to increase rates and that is causing a NIM compression. Long-term, banks will do well as they are the suppliers to a growing economy. But in the next six months, one can find much better returns in power financiers or insurance or mutual fund companies. How are you looking at the entire IT space, given that we have seen an outperformance continuing into this month? What do you expect the remainder of the year is likely to bring for the IT space? Ajay Bagga: IT is looking good. There is continued buying in IT and we expect better results coming in. The AI part, was the cause for worry and we had seen the employee headcount going down as well. Now we are seeing several end uses of AI coming in. The semiconductor companies, as the suppliers of the AI chain, were doing very well and the end user companies were looking at end-use cases, and in the centre were our IT companies.

Recently, a two-wheeler dealership with a few dozen employees was in the news for an initial public offer (IPO) that attracted 400 times the money it sought to raise. This subscription rush highlighted the casino-like appeal of IPOs that seems to have taken retail investors in its thrall. Now, a study by the Securities and Exchange Board of India (Sebi) suggests that Indian investors have a large number of gamblers in their midst.

Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

The Shiba Inu price has gained by 2% today, rising to $0.00001358 as the cryptocurrency market as a whole posts a 1% return in 24 hours.

Binance CEO Richard Teng discussed key commitments including prioritizing users, supporting global regulatory frameworks, and partnering with global entities.

When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the inflation surge that gripped the nation for three painful years was now essentially defeated

Up until now, the trust paid the manager 0.5% per annum of its net asset value, with a variable fee of 0.25% based on outperformance over a three-year period. Additionally, MNL paid £59,000 a year to M&L Capital Management for risk and valuation services in its capacity as an alternative investment fund manager. Premier Miton Global Renewables drops 'sustainable' investment objective amid SDR Under the tiered structure, the trust will pay 0.7% per annum of the NAV up to £750m; 0.5% of the NAV between £750m and £1.5bn, and 0.3% of the NAV above £1.5bn. As part of the changes, the...

Maharashtra has the maximum IGBC registered projects in India followed by Uttar Pradesh and Gujarat as India has seen a substantial increase in green building certifications, with over 7,000 IGBC-certified (The Indian Green Building Council) projects covering an estimated 1,370 million sq. ft. of built-up area. According to a Savills India research, concept of green leases in India is in early stages but gaining traction due to growing awareness about sustainability. There is a rising demand for sustainable buildings among corporations, especially multinational companies with global sustainability goals.

Breaking stocks to buy or sell: Despite mixed trends in the Asian stock markets and a retreat in the European stock market from the record high, the Indian stock market extended its uptrend for the 13th straight session. The Nifty 50 index finished 37 points higher at the 25,273 mark, the BSE Sensex went up 194 points and closed at 82,559, while the Bank Nifty index ended 71 points upward at 51,422. Cash market volumes on the NSE were low at ₹1.11 lakh crore.

Daisuke Hori, a 40-year-old entrepreneur from Hyogo prefecture, has adhered to a sleep routine of just 30 minutes per day for the past 12 years in an effort to «double» his life. Hori claims to have trained his body and brain to function normally on minimal sleep, significantly improving his work efficiency. On average, the human body requires around 6-8 hours of sleep for optimal health, with insufficient sleep negatively impacting mood and daily functioning. Experts agree that consistently getting 6-8 hours of sleep can enhance mood, cognitive function, and overall health. However, Daisuke Hori's sleep regimen challenges this notion. His sleep routine and its purported benefits were reported by the South China Morning Post. Mr. Hori stated, «As long as you exercise or drink coffee an hour before eating, you can stave off drowsiness.» He believes that high-quality sleep is more important for maintaining focus, especially for individuals who require sustained concentration in their work. According to him, doctors and firefighters benefit from high-quality sleep despite having shorter rest periods. «People who require sustained concentration in their work benefit more from high-quality sleep than from long sleep. For example, doctors and firefighters have shorter rest periods but maintain high efficiency,» he explained.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Jeffrey Gogo is a journalist with 20 years of experience in business, finance, cryptocurrency, and climate change news and analysis.

The role was created as part of PAM's wider restructure as it aims to create bespoke teams for each of its individual investment strategies.  abrdn GARS manager exits after nearly two decades Lane joins from abrdn where, as investment director, he helped to oversee the MyFolio Sustainable index fund range and co-managed the Dynamic Distribution fund alongside Robert Bowie.  «Progeny and the new head of active funds role felt like a natural fit for me, given the firm's exciting growth trajectory,» said Lane, who also leaves his position as chair of abrdn's strategic asset allocation...