Sustainability Financial News

28.06 / 16:33
markets Target FIVE Align Sustainability WhatsApp cover GAIL advances net zero emission target to 2035
GAIL (India) Ltd on Friday said it has advanced the target to achieve net zero carbon emission by five years to 2035 as it takes multi-prolonged approach to reaching the goal. The company was previously targeting net zero carbon emissions by 2040. «GAIL Board accorded approval to advance its net zero target for Scope-I and 2 emissions by five years, from the year 2040 to year 2035,» the company said in a statement. Scope 1 covers emissions from sources that an organisation owns or controls directly — for example from burning fuel in factories or even in its fleet of vehicles.
28.06 / 16:21
Sustainability Bill President Photos shooting hospital Schools A mother's pain as the first victim of Kenya's deadly protests is buried
Edith Wanjiku holds onto one of the few photos she’s left with of her teenage son Ibrahim Kamau
28.06 / 15:49
markets COST UPS Sustainability President inclusion Budget 2024: Real-estate sector hopes for high rebates, GST rate reductions, and other reforms | Check wishlist here
Budget 2024-25 in the third week of July, India's real estate sector hopes for a series of reforms and incentives that can drive growth and address longstanding challenges. Expectations range from increased rebates on home loan interest rates, GST rate reductions, single-window clearance systems, reduced property prices, and promoting off-centre locations.Speaking to LiveMint, Pradeep Aggarwal, Founder & Chairman of Signature Global (India) Ltd.
28.06 / 13:21
COST Citi Provident Sustainability innovations Reliance Jio Reliance Jio unlimited 5G perk to cost you more money from July 3 — only these plans are eligible for free 5G
Reliance Jio has hiked the prices of its prepaid and postpaid plans by 12-25 percent. The new prices will come into effect from July 3, 2024. Alongside the tariff revision, Jio has also increased the entry-barrier to use free unlimited 5G data under its “Jio Welcome Offer.”  
28.06 / 12:15
Citi FIVE Sustainability President Experts country Department Mexico’s incoming president appoints expert in sustainable development as head of energy
Mexico’s incoming President Claudia Sheinbaum has announced five more members of her future cabinet
28.06 / 11:25
markets COST Citi Digital Action Sustainability Remark Budget 2024: Real estate looks for policy boost, tax sops for homebuyers
The Indian real estate industry has achieved remarkable growth figures in recent quarters. As the Union Budget 2024 approaches, there is optimism within the sector for significant reforms to be announced. Through the allocation of resources and the implementation of favorable policies, the government has the power to accelerate the growth of this industry, leading to job creation and economic stimulation.
28.06 / 11:25
markets COST Sustainability community show reports What will drive the housing market in India in 2024?
The Indian real estate sector has shown significant growth in recent years. While 2023 was the year with the highest number of new project announcements in the last decade, the first quarter of 2024 surpassed almost all records of the previous year. In 2024, the residential real estate market is expecting a strong influx of new launches, with an estimated range of 280,000-290,000 units, as per a report. This has set a good path for 2024, which shows that the sector is not only rising but also promising further growth in the coming years.
28.06 / 11:25
markets Provident CEO security Strategy Sustainability innovations regulatory 4Thoughts Finance to double portfolio to Rs 1000 cr, to bolster expertise in tax & regulatory management
4Thoughts Finance, a family office firm based in Bengaluru, has unveiled its ambitious plans to double its portfolio size of Rs 500 crore to Rs 1000 crore in the near future, marking a significant milestone in its growth trajectory. With an unwavering commitment to excellence and client satisfaction, 4 Thoughts Finance is poised to usher in a new era of prosperity for its clientele.
28.06 / 11:25
UPS Citi Mobile Sustainability innovations reports testing Toyota Mobility Foundation launches Varanasi edition of ‘$9m Sustainable Cities Challenge’, invites data-driven solutions for city
The city of Varanasi has launched a global call for innovators as part of the Toyota Mobility Foundation’s $9m Sustainable Cities Challenge. The initiative aims to find data-driven solutions to enhance the safety and accessibility in the city for the millions of pilgrims who visit every year. 
28.06 / 10:01
markets Provident Manufacturing Software Sustainability electronic From ₹4 to ₹170: This defence stock jumped over 4100% in 5 years!
Avantel, a telecom product manufacturing company, has witnessed a sustained spike in its shares over an extended period, resulting in substantial returns for investors. After a prolonged period of stagnation, the stock gained momentum in March 2023 and has since maintained a steady upward trajectory.During this period, its share price has surged from ₹26 apiece to the current market price of ₹170, marking a significant gain of 554%.
28.06 / 10:01
Manufacturing Strategy economy Sustainability Food country innovations These 7 companies are serious about sustainability. Should you invest in them?
more sustainable future. A key element of this strategy is the implementation of extended producer responsibility (EPR) policies. Recent events highlight the tightrope walk companies must perform to balance environmental responsibility with business interests.
28.06 / 07:13
markets COST FIVE economy Sustainability country Destinations 59% of German companies plan new investments in India this year
India is attracting more and more German companies to the subcontinent. Nearly six in ten German companies are planning to increase their investments in India during the current financial year. In addition, 78% of companies expect rising sales, and 55% forecast higher profits. Expectations for the next five years are even more positive: 82% expect an increase in turnover and 74% expect higher profits.
28.06 / 02:27
markets BTC Bitcoin news Sustainability crypto news trends Bitcoin Bitcoin Price Prediction: BTC Over $61,500 as 1M+ Wholecoiners Mark Milestone
In the latest Bitcoin price prediction, BTC has surpassed the $61,500 mark, coinciding with a milestone where over one million addresses now hold at least one full Bitcoin.
28.06 / 01:43
markets Sustainability Election Research Trade recommendations jobless claims Indian stock market: 8 things that changed for market overnight - Gift Nifty, US jobless claims to SEBI board decisions
Sensex jumped 568.93 points, or 0.72%, to close at 79,243.18, while the Nifty 50 settled 175.70 points, or 0.74%, higher at 24,044.50.“The upmove in the markets has been gradual so far (except for the last 4 days) as participants are wary of the high valuations. They are also afraid of a sharp bout of profit taking which has not happened so far.
28.06 / 01:43
markets Target Sustainability Research Experts recommendations Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 28
Buy or sell stocks for today: Despite weakness in the global markets, the Indian stock market continues to scale northward on Thursday. The Nifty 50 index ended 175 points higher at the 20,044 mark after climbing to a new peak of 24,087.
28.06 / 01:11
markets UPS Sustainability Election Research President Budget in mind, D-St bulls cross 'historic' milestone
indices closed at fresh highs on Thursday, with Nifty and Sensex crossing the 24,000 and 79,000 milestones, respectively, for the first time, maintaining their bullish momentum since the election results earlier this month, amid high expectations from the budget after President Droupadi Murmu's speech in Parliament Thursday. Analysts said the sustained run-up in indices of late is part of the pre-budget rally, aided by renewed flows from foreign investors in June. The optimism, however, did not rub off on the broader market where there were more losers than gainers.
27.06 / 19:19
markets UPS Citi Sustainability WhatsApp wellness Copper demand to rise significantly with shift to cleaner energy sources: HCL CMD Sharma
electric vehicles, will go up substantially as the world shifts to cleaner energy sources to mitigate climate change, according to Hindustan Copper Chairman and Managing Director Ghanshyam Sharma. By transitioning from fossil fuels to renewable energy sources like solar, wind, hydro, and geothermal, greenhouse gas emissions can be reduced significantly. «As the world transitions to cleaner energy sources...the demand for copper will increase significantly as a vital component in electric vehicles and renewable energy technologies such as solar panels, wind turbines etc,» the CMD said in a recent message on the company's website. He further said the company has been given the charge of utilisation of the nation's copper resources in an efficient and sustainable way.
27.06 / 18:19
markets Sustainability Metro Discover trends social Interviews Looking young and healthy is the new rich, says Varun Alagh
Varun Alagh, founder of Honasa Consumer which owns Mamaearth and The DermaCo, reckons looking young and healthy is the new rich. A decade ago, most youngsters discovered specialised skincare brands through dermatologists. Now, social media influencers do that job. According to Alagh, younger consumers are really into their health, and view skincare as an extension. Edited excerpts from an interview. Why are youngsters so obsessed with their skin care routine now? The emergence of personal voices has led to category education becoming easier. Consumption of social content is leading to the shaping of genuinely good skincare categories. For instance, active ingredients are not something new, but are now getting democratised. Using efficacious active ingredients for skincare and for problem solution and skincare has existed for decades. What was not done earlier is marketing these directly to the consumer. Globally, this realisation came almost 20 years back when brands started to take it directly to consumers. We are seeing this now in India as well.
27.06 / 15:39
markets COST Provident CEO Sustainability patient Walgreens to take a hard look at underperforming stores, could shutter hundreds more
Walgreens is finalizing a plan to fix its business that could result in the closure of hundreds of additional stores in the next three years
27.06 / 15:27
Booking CEO Landmark Sustainability social inclusion Features The Convergence Foundation co-hosts a landmark conference on ‘Creating Systemic Impact’
India, 27 June, 2024: The Convergence Foundation, in collaboration with Rohini Nilekani Philanthropies, Centre for Exponential Change, and India Impact Sherpas (knowledge partner), hosted a landmark conference on ‘Creating Systemic Impact’, bringing together development practitioners, thought leaders, and philanthropists to focus on the practices and enablers of systems change.Organisations that adopt the systems change approach—System Support Organisations (SSOs)—work closely with governments at both the central and state levels to create large-scale impact by addressing the root causes of problems rather than applying quick fixes or band-aid solutions. In the keynote address by Rohini Nilekani, Chairperson of Rohini Nilekani Philanthropies, she emphasised, “This decade is one of the most critical decades in human history, demanding inclusive and exponential social change.

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