Sustainability Financial News

Nifty ended Monday’s trading session 733 points higher with analysts saying that if the election results are better than expected on Tuesday the headline index can even cross the 24,000 mark. The bulls are in full control of the markets at the current juncture and are using every minor pullback to create long positions. Support for the Nifty is now seen at 23,200 and 22,950-23,000 levels. On the higher side, immediate resistance is at 23,350 levels and the next resistance is at the 23,500 mark, said Tejas Shah of JM Financial & BlinkX.

Business in India," Jonathan Hymer, the Minister Counsellor for Commercial Affairs at the United States Embassy in New Delhi, welcomed Alexander Slater, the Managing Director of the US India Business Council, to discuss the evolving business landscape in India post-pandemic.

Kotak AMC CEO Nilesh Shah's suggestion of working 84 hours a week for nation-building, calling it “impractical and counterproductive". She highlighted research showing that excessive work hours reduce productivity and harm physical and mental health.

Kotak AMC, has said that for India to accelerate its growth, one generation should adopt the work ethic seen in countries like Korea, Japan, and China, where people consistently work 12-hour days.He was speaking during a podcast, “Invest Aaj For Kal with Anant Ladha." Ladha posted a clip of the podcast on the social networking site X, in which Shah can be heard saying, “We need to work 12 hours per day for 365 days."Also Read | Bill Gates to Elon Musk and Mark Zuckerberg — A look at the hobbies tech billionaires enjoyEconomist and writer Sanjeev Sanyal, concurred, stating that a generation must work diligently yet also prioritize family and emphasize their role in India's progress. "I agree. One generation will have to put in that effort …..

Mirae Asset Mutual Fund has filed a draft document with SEBI for regulatory approval to launch India's first Exchange Traded Fund (ETF) focused on the Electric Vehicles (EV) and New Age Automotive segment. Mirae Asset Nifty EV and New Age Automotive ETF will be an open-ended scheme replicating/tracking Nifty EV and New Age Automotive Total Return Index. This is the first ETF which is set to offer investors with long-term capital appreciation opportunities by investing in equity of companies that are at the forefront of the dynamic and rapidly evolving automotive sector thereby focusing towards sustainable development. The fund will track the newly launched Nifty EV & New Age Automotive Index, providing investors with a benchmark that truly reflects the innovative and forward-thinking nature of India's electric vehicle and new age automotive industry. The scheme will be managed by Ekta Gala and Vishal Singh.

Athachi Finserv is a part of Athachi Group, which has sustainability in its heart, and ethical values at its core. A second-generation organization committed to the cause of preserving, protecting, and nurturing nature, and bringing back ancient Indian wisdom to limelight, the conglomerate is passionately involved in nature-based Farm Produce, Ultra Luxury Skin & Personal Care, Premium Wellness Products, Investment Management, Financial Advisory, Renewable Energy etc. In fact, joining Athachi Finserv is more of a homecoming of sorts for Mr.

As we navigate through the recent times, the Indian residential real estate market is emerging as a beacon of security for investors, making the housing market shine for those seeking stability and growth. The Indian real estate market witnessed an unprecedented surge in 2023, surpassing all expectations and setting new records. Buyers are now placing a greater emphasis on owning a home rather than opting for rental arrangements.

Driven by economic growth, rapid urbanisation, increased individual earnings, and mounting interest in an opulent lifestyle, luxury housing in India is on a roll currently. Buyers now demand bigger spaces fitted with modern amenities and splendid architectural layout with meticulous design to ensure experiential living. And amid the rising demand, Delhi-NCR dominated the luxury housing Q1 launches.

Inflows to systematic investment plans (SIPs) touched a record high of Rs 20,371 crore in April, the tenth consecutive month where inflows surpassed Rs 15,000 crore, reflecting sustained investors’ interest. Rajeev Thakkar, chief investment officer, PPFAS Mutual Fund, in an interview to Saikat Neogi, says retail investors should increase the SIP amounts over years in line with inflation and higher income.

Mother Dairy announced a Rs 2 per litre hike in milk prices in the Delhi-NCR market, effective from Monday, June 3, 2024. This price adjustment applies to all milk variants and other markets where Mother Dairy operates, driven by rising input costs over the past 15 months.

Also Read: Stock market today: Nifty 50, Sensex hit all-time highs. Exit polls 2024 to GDP data - 4 reasons why market is soaringIf the present government retains power, Sen expects macroeconomic and financial stability is likely to be prioritized, which he believes is vital for continued macro growth and corporate earnings.

₹80,000, making them an unaffordable proposition. LSEVs, on the other hand, offer an affordable and sustainable solution. Insistence on high-speed EVs makes policy compliance a burden for platform businesses and also reduces the scope of ground-level autonomy, thus making it harder for the market to attain its own efficiency.

«We have already established that value creation is different from wealth creation. So, in my experience, there are three large components that create terminal value about which the terminal value investor should have differentiated insight on and those three components are intangibles, megatrends and leadership,» says Utpal Sheth, Senior Partner and CEO, RARE Enterprises and Co-Founder & Mentor, Trust Group. Let us break it more now, which is that every process has to have a process and components. The components of terminal value, what are they? And how did you identify them? And how do you really implement them? We have already established the concept of terminal value and the components of the investment process and what do we need for those components to work.

clothes, electronics and footwear that have been enticing shoppers to splurge may reduce significantly, as retailers including Aditya Birla Fashion and Retail (ABFRL), Arvind and V-Mart have ruled out deep discounts in a move to spur profits.

₹15.57 trillion. The chart below shows retail credit growth (in year-on-year terms, for banks only) growing at over 30% as of December last year. Throughout most of the last decade, corporate borrowing was sluggish at best, with banks souring on lending to the sector in the aftermath of the 2008 financial crisis.

₹38,353 crore.Currently, Titan operates 464 Tanishq stores across 270 towns. In the past three years, it has added 110 new Tanishq and 140 Mia stores.

PTI, Swain said that though the capability has been degraded, it has not stopped Pakistan from sending men and material to Jammu and Kashmir.However, the top cop said that Indian security personnel will make it "absolutely hard" for the adversary to succeed.The DGP stated that drone droppings activities pose a significant challenge as they enable the smuggling of arms, ammunition, explosives, cash and narcotics."In our meetings with our security partners, we generally have come to the conclusion that it is a fact that the adversary or the enemy has not stopped from sending men and material," said Swain, who holds the dual charge of the J&K Police and the CID, told PTI in an interview.Swain added that the threat remains and sustained efforts are required to further reduce the "enemy's ability to destabilise the area".Meanwhile, he also acknowledged some success in countering the attempts made by the enemy."I would say the enemy's intent is very much there, the capability certainly degraded, but the ability to occasionally rock the system and unsettle you is there," he said.The Army, paramilitary forces and the Jammu and Kashmir Police are determined that they will make it absolutely hard for the adversary to succeed, Siwan said.On May 27, in a joint operation conducted by the Indian Army and Jammu and Kashmir police in Kupwara, a large cache of arms, ammunition and war-like stores were recovered.

Foreign investors pulled out a massive Rs 25,586 crore from Indian equities in May due to uncertainty surrounding the outcome of general election and outperformance of Chinese markets. This was way higher than a net outflow of over Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. Before that, FPIs made a net investment of Rs 35,098 crore in March and Rs 1,539 crore in February, while they took out Rs 25,743 crore in January, data with the depositories showed.

China landed an uncrewed spacecraft on the far side of the moon on Sunday, a landmark mission which aims to retrieve rocks and soil from the lunar surface, China's space agency said.

Srikanth felt half-hearted coming from an actor who's always relished playing absolute pieces of shit. Now there's another Rao film out, and here too he has a heel turn. But this one is more sustained, and Rao commits to it fully.