Sustainability Financial News

EB-5 Immigrant Investor Program has long served as a gateway to U.S. permanent residency for global investors, offering a unique blend of opportunity and security. In response to evolving economic and regulatory needs, the United States Citizenship and Immigration Services (USCIS) has introduced significant reforms aimed at modernizing the program. These updates represent a strategic overhaul designed to enhance transparency, streamline processing, and ensure the program's sustainability. For investors, these changes signal a renewed commitment to efficiency and reliability, reinforcing the EB-5 program's standing as a premier option for securing U.S. residency. Reauthorization of the Regional Center Program One of the most pivotal recent changes in the EB-5 landscape is the reauthorization of the Regional Center Program, reinstated under the EB-5 Reform and Integrity Act (RIA) of 2022. After lapsing in 2021, this program, which allows investors to pool their resources into large-scale projects managed by designated regional centers, has returned with reinforced measures. The reauthorization underscores the program's critical role in providing structured, potentially lower-risk opportunities in the U.S. real estate and infrastructure sectors.

₹10.4 lakh to ₹13 lakh. This trend would have likely continued in assessment year 2024-25. As for GST, the GST Council’s decision in August 2023 that online gaming companies will have to pay 28% GST, up from 18%, led to a jump in revenues.

Union Bank of India. It says the banking liquidity has fallen to Rs 0.95 lakh crore as on 28th August from a peak of Rs 2.86 lakh crore. The report highlights that the decline in liquidity continued throughout this month. At the beginning of the month, on August 2, 2024 banking liquidity was at Rs 2.56 lakh crore which has reduced to Rs 1.55 lakh crore on August 16th and now at Rs 0.95 lakh crore on August 28. The report stated, «As of 28th Aug, the system liquidity was in surplus, to the tune of Rs.0.95 lakh crore, easing from the peak of Rs.2.86 lakh crore earlier this month.»

Lupin, while Macquarie maintains a neutral view on Reliance Industries. Citi and Investec have «buy» ratings on Bharti Hexacom and Sunteck Realty, respectively. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

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...

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

US Treasury yields climbed after resilient economic reports prompted traders to slightly trim their expectations for the scope of Federal Reserve easing this year.

Sri Lanka's Debt Sustainability Agreement, Foreign Minister Ali Sabry has said resuming negotiations with the IMF could jeopardise its next tranche due in December and subsequent disbursements from the World Bank and the Asian Development Bank. The conditions for the Debt Sustainability Agreement (DSA) have now become part of the law and cannot be easily altered, Sabry said. He emphasised that renegotiating the deal could lead to further economic instability in the island nation, which is recovering from the worst-ever economic turmoil it suffered in 2022. Sri Lanka declared its first-ever sovereign default in mid-April 2022, having run out of its foreign exchange reserves. The halt to the debt services meant that the multilateral creditor nations and commercial lenders could not extend fresh financing to the country.

₹6,850 crore, driven by major contributions from Azim Premji and Shiv Nadar. The number of UHNI donors grew from 100 to 120 between 2020-21 and 2022-23, with 70 consistent donors and 50 contributing sporadically. This reveals significant potential for more sustained engagement.

BEIJING — Chinese President Xi Jinping told U.S. national security advisor Jake Sullivan during a meeting Thursday that Beijing hopes Washington will find «a right way» to get along.

Bangalore's current startup ecosystem and Kota, the coaching hub for IIT JEE aspirants in 2005. He refers to this as the "ecosystem delusion," where an environment rich in resources and networking opportunities can sometimes create a false sense of achievement among its participants. He listed four reasons why a «Bengaluru today reminds him of Kota of 2005». In Kota, thousands of students flocked to the city, assuming that merely being in the same place as the top achievers, attending the same coaching classes, and having access to the best resources would guarantee their success. However, only a small fraction of them actually cleared the IIT JEE, while the majority fell into the trap of complacency—believing that proximity to success was the same as putting in the hard work required to achieve it. In his post, Deshpande referred to Kota as the «Mecca of IIT-JEE,» highlighting that it fosters a well-crafted environment for success. «Each year, one coaching institute alone produces around 4-5 top rankers with single digits. Students have access to exceptional teachers, the finest books, and an infrastructure designed to promote success—everything from mess facilities to photocopy shops and rental PGs,» he explained.

Electric vehicles (EVs) have become popular because of several reasons, including zero tailpipe emission, which reduces pollution, and gives better fuel efficiency, which keeps customers’ expenses down. According to the latest Vahan data, EV sales stood at 178,948 units in July, marking a strong year-on-year increase of 53%. This is also the second-best performing month for EV sales in the calendar year to date, after March of FY2024 at 213,036 units, showing buoyant interest among buyers. However, EVs have also been in the news every now and then for catching fires and other problems. These raise significant concerns about the trustworthiness of EV technology, depressing its growth in India.

Over the past decade, increases in computing power, ubiquitous connectivity and changes in consumer and channel dynamics, along with new competition, have seen digital technology transformations become CEO agenda items. Building a digital-ready company is a board-level imperative, but success has been elusive. In a BCG study of nearly 900 transformations globally, more than 80% of companies indicated that digital transformation is an urgent priority, but only about 30% of the efforts are successful.

Breakout stocks to buy or sell: Following a rally in the US stock market, the Indian stock market ended higher for the tenth straight session on Wednesday. The Nifty 50 index climbed to a new peak of 25,129.60, finished 34 points, and closed at 25,052. The BSE Sensex added 73 points and closed at 81,785, whereas the Bank Nifty index ended 134 points lower at 51,143.

verticals into three new verticals — mobility, sustainability and tech – L&T Technology Services (LTTS) told analysts on Tuesday that it aspires to grow each vertical into a $1 billion vertical. Motilal Oswal said in a note, “For context, annualized revenues from mobility, sustainability, and tech stand at $416 million, $354 million and $411 million, respectively.” It said while it was encouraged by the IT engineering services firm’s ambition, the company had not specified a time frame for achieving its target.

Nifty finally made a fresh high of 25129 on Wednesday before closing with gains of 35 points at 25052 levels. «We expect the gradual uptick in the market to continue, supported by FII inflows and healthy domestic macros. Markets are likely to remain volatile on Thursday on account of monthly derivatives expiry. Key Event to watch out for US Q2 Project GDP Data,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

Buy or sell stocks today: The Indian stock market indices, Sensex and Nifty 50, hit fresh record highs on Wednesday, August 28. The trading session marked the 10th successive day of Nifty closing in gains.

Simon A. Levin is the James S. McDonnell Distinguished University Professor in Ecology and Evolutionary Biology at Princeton University. Speaking to Srijana Mitra Das, he discusses lessons for economic systems from nature: They are considered entirely separate fields — why do you say economy and ecology are in fact similar? The economist Kenneth Arrow once explained it was no coincidence that both ecology and economics begin with ‘eco’, which means ‘house’. Ecological systems are economic there is competition for resources, exploitation, etc., while economic systems are like ecology, with individuals making decisions, emergent patterns and the like.

Himachal Pradesh has been experiencing heavy rainfall over the past 24 hours, which has caused significant disruption in the hill resort town of Shimla. The downpour has resulted in several trees being uprooted, due to which the Information and Public Relations Office at Chhota Shimla sustained partial damage because of a tree falling over it. According to the local weather centre in Shimla, the region has recorded 41 mm of rainfall during this period.

The Litecoin price has fallen by 2% in the past 24 hours, declining to $61.49 on a day that has seen prices drop throughout the market.

Laiqa Wellness has raised Rs 15 crore in a funding round from early-stage venture capital firm IvyCap Ventures. The funds will be used for expanding and developing the company’s tech-based solutions, which focus on personalised hormonal health monitoring, point-of-care assessments, and AI-driven recommendations. Founded in August 2023 by Monica Bindra, Harmeet Bindra and Meenakshi Singh, the Gurugram-based company focuses on women’s wellness, targeting hormonal imbalances through cycle-synced, personalised care.