Sustainability Financial News

Agritech startup DeHaat on Wednesday reported a 40% increase in operating revenue to Rs 2,700 crore in FY24, while cutting its losses by half.

India's retail inflation eased to 4.75 per cent on an annual basis in May as against 11-month low of 4.83 per cent in the previous month, showed the government data on Wednesday

World Athletics on Wednesday announced a five-year global broadcasting services deal with Tata Communications, making the Indian telecom major a partner in the coverage of marquee events from next year, including the Tokyo World Championships. Tata Communications will be a «key strategic supplier» for the world body with a view to «elevating innovation and audience engagement to new heights,» World Athletics said in a statement.

Praj Industries, a leading global biotechnology and engineering company, extended their winning streak for the fifth consecutive trading session on Wednesday as the stock spiked another 6.5% to hit a new record high of ₹658 apiece, surpassing its November 2023 high of 650 apiece.The stock began its upward trajectory after the company released its Q4FY24 earnings on May 30. Over the subsequent 10 sessions, it sustained this bullish trend, resulting in a gain of 30%.Also Read: 5 small-cap stocks including RattanIndia, Lloyds Engineering gave returns up to 12000% in last 5 years; check full listFurthermore, the positive sentiment surrounding the stock was bolstered by the BJP-led NDA returning to power, instilling confidence among investors that the government would uphold its commitment to the Ethanol Blending Program (EBP).

WTF is with Nikhil Kamath" has announced its new segment, "People By WTF," featuring Microsoft co-founder Bill Gates as its first guest.

Titan Company, CLSA has an outperform rating on Tata Motors and Citigroup recommended a buy on IndusInd Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

Singapore Airlines has offered compensation to passengers of a flight that hit extreme turbulence last month

Banks are seeking innovative solutions to rebalance their credit-deposit ratio. These include reducing the minimum lock-in period for tax-saving deposits to three years to bring about parity with similar equity-linked savings schemes. There may be some merit in this demand considering a structural shift in savings behaviour of Indian households to alternative investment avenues, such as mutual funds and real estate, at a time interest rates had collapsed during the pandemic. Although interest rates have since recovered, returns offered by a rally in the stock markets and a revival of the housing market are crimping bank deposit growth. Accompanied by strong demand for credit, a key banking metric is deteriorating, prompting RBI to suggest banks review their business strategies.

Ether gets ETF approval from US regulator; experts predict volatility ahead“A recent batch of labor market figures exceeding expectations has cast doubt on the Federal Reserve's likelihood of cutting interest rates anytime soon. This shift in sentiment has dampened risk appetite, adversely impacting cryptocurrencies.

The World Bank has approved $1 billion for the construction of Pakistan’s biggest Dasu hydropower project, which is being built in the country’s northwest with China’s help

The World Bank has upgraded its outlook for the global economy, estimating that it will expand 2.6% this year on the strength of sustained growth in the United States

In a webinar held on Tuesday (11 June), Atkinson said the blue bonds sector is a relatively small part of the sustainable debt environment, but «it is growing relatively rapidly». The assets provide opportunities to support the ocean-based economy, but only 26 bonds of this type  have been issued since 2018 worldwide, Atkinson noted. Meanwhile, the total of green, social, sustainable and sustainability-linked (GSSS) bonds reached $4.7trn in value as of September 2023, according to data from the World Bank. Candriam launches Article 9 sustainable equity water fund «Most of these ...

industry expects the continuation of growth-oriented policies in the third term of Prime Minister Narendra Modi-led government and the compulsion of coalition politics will not be a speedbreaker, Mahindra Group CEO and MD Anish Shah said on Tuesday. Apart from the continuation of the growth agenda, the industry expects the government to focus on four key areas — manufacturing for the world; women-led development; farm-led prosperity; and sustainability.

The concept of the metaverse, a virtual reality space where users can interact with each other and digital assets, has been gaining significant attention in recent years.

Mint.Berger intends to expand its retail network in Tamil Nadu, Telangana, Karnataka and Andhra Pradesh in the south and in Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh and Rajasthan in central and west India.“We used to install about 4,000-odd Colorman printing machines (used to expand the dealer network) per year. We accelerated and you know we installed 7,300 last year.

Modi cabinet 2024: After the formation of the Modi 3.0 government in New Delhi and Nirmala Sitharaman being retained as Finance Minister, the market is expecting continuity of the business and economic policies for the next five years. From the Indian stock market, investors must have their fingers crossed that PSU stocks will deliver the same kind of returns in the next five years.

Tuesday, June 11th, 2024 – New crypto presale Doggy AI ($DOGYAI) has raised over $101,000 within hours of launch, indicating it could be the next meme coin to explode on the scene.

demat accounts from around 4crores in early 2020 to above 15 crores now have created a new breed of newbies who are chasing the mid and smallcaps," said VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services.Also Read: Foreign investment surge fuels spectacular rally in India’s smallcaps amid bubble alerts"The sustained flow of mutual fund investments, particularly SIPs, into the broader market gives no option to the fund managers but to buy mid and smallcaps even when the valuations are high. The current pattern of fund flows and retail investor behaviour may sustain the outperformance of this segment for some more time.

₹63 per share on HCC, indicating a 54% rise from current levels. HCC share price today opened at an intraday low of ₹41.04 apiece on BSE, the stock touched an intraday high of ₹42.99 apiece.

Singapore Airlines has sent offers of compensation to passengers on board a flight last month that encountered severe turbulence that led to dozens of injuries and one death, the carrier said on Tuesday.

Nirmala Sitharaman, in her second term as finance minister, hit the ground running on Monday. Instead of one, she released two tax devolution instalments — totalling ₹1,39,751 crore — to 28 states, for bolstering their development and capital spending. The minister earlier reviewed the economic and fiscal situation of states with finance secretary TV Somanathan and economic affairs secretary Ajay Seth, soon after the first meeting of the newly formed Cabinet on Monday evening.