Sustainability Financial News

Q4 results 2024: Gujarat Toolroom share price has been on an uptrend for the last two days. The small-cap stock of 162 crore came under the radar of Dalal Street bulls when the company declared its board meeting date for discussing and approving the financial results for Q4FY24. In an exchange filing, the small-cap company informed the Indian stock market exchanges about the board meeting date and its agenda on April 29 2024.

The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its two per cent target.

Norway Martine Aamdal Bottheim signed the documents for the 4th phase of Norway India Partnership Initiative (NIPI) extending cooperation in various health schemes. Under the initiative which commenced in 2006 various Indian states including Odisha, Bihar, Rajasthan, Madhya Pradesh and the UT of Jammu and Kashmir have received support to augment facilities in terms of maternal and child health care. A health initiative between Government of India and Government of Norway, the Norway India Partnership Initiative (NIPI) Phase 3 builds on experiences from NIPI 1 & 2 and focuses on areas of Maternal, Newborn and Child Health.

Follow US Fed Meeting Outcome Live Updates: Powell-led FOMC to announce policy decision today, likely to hold key rates steady The US Federal Reserve will announce its third policy decision for 2024 later today. The US central bank has lifted its key lending rate to a 23-year high of between 5.25 and 5.50 per cent as part of a long-running battle to bring high inflation to its two per cent target.

The cryptocurrency market has been nothing short of chaos this week, following the surprising tumble of the Bitcoin price after its halving and many altcoins also seeing red. But, amid all this chaos, the Bitgert coin has been showing a rather impressive move on its Day-on-day price movement. This strange movement from a crypto newcomer such as Bitgert is raising a lot of eyebrows and many investors want to know what is going on.

In the realm of cryptocurrencies, the rise of meme tokens has been nothing short of spectacular. Among these, Bonk (BONK) and Dogwifhat (WIF) have garnered significant attention, boasting remarkable growth since their inception. However, a new contender has emerged on the scene, challenging the status quo and capturing the imagination of investors worldwide. Enter Hump (HUMP), a token that promises more than just a cute face; it embodies innovation, community empowerment, and the potential for astronomical growth.

Airlines are seeking sustainable sources of fuel. Steel producers are looking to reduce their operating emissions. And sports-apparel makers are aiming to cut the volume of plastic in clothing.

A long-held truism of ESG is being challenged, namely the idea that the strategy is best-suited to active fund management.

Speaking at Amundi's ‘Responsible Investment Live' conference on Tuesday (30 April), he noted that while 79% of consumers would like their money to have a positive impact on the environment or society, there is a general confusion over the terminology used. In the process of drafting SDR, the regulator introduced a label called ‘course to transition'. However, he said that when it was put to consumers, they found this terminology confusing as it failed to explain what ‘transition' meant or what it entailed. The FCA eventually opted for the current label Sustainability Improvers, as co...

Canada (IRCC) has announced that from April 30, it will cap the number of permanent residence applications accepted each year to those associated with no more than 10 start-ups per designated organization. “Fast processing is critical to the success of entrepreneurs who come to Canada through our federal business programs. These necessary changes will set the Start­up Visa Program and Self-Employed Persons Program on the path to faster processing times while we look ahead to further reforms to make these programs more sustainable and effective over the long term,” Marc Miller, Minister of Immigration, Refugees and Citizenship, said. Are you immigration ready? Find out This move is aimed at reducing the backlog and improving processing times for applications, which have grown significantly. With approximately 82 designated organizations comprising venture capital funds (VCFs), angel investors, and business incubators, the new cap translates to a maximum of 820 applications per year, assuming the number of designated organizations remains unchanged.

Bank Nifty index. Analysts suggest that breaching this level might not be easy, anticipating the level to act as a resistance point in the near term. Also Read: April Market Review: Nifty 50 soars for 3rd straight month, gains 1.2%; metal index top performer Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.

Mumbai, Seclore, the leading provider of data-centric security solutions, announced it is the recipient of the official certification as a Great Place To Work® for the fifth year in a row. The Great Place To Work® Certification recognises Seclore’s commitment to the fundamental company values called “SPICE", which stands for spreading positivity, passion for people, integrity, customer focus, and entrepreneurial spirit.

National Investigation Agency (NIA) has arrested another key accused in the Rs 700 crore Attari border drugs seizure case, taking the total number of arrests in the matter to eight. An official statement issued on Wednesday said the accused, Athar Saeed alias Chacha, had handled the proceeds of the drugs on the directions of the kingpin, Shahid Ahmed. Saeed was arrested on Tuesday after the NIA teams searched his premises in Delhi's Daryaganj and seized incriminating documents. The documents are being examined by the anti-terror agency to unravel the complete conspiracy behind the massive drugs racket, the statement said.

Narayanpur and Kanker districts of Chhattisgarh fought off not just Naxalites, but also a wild bear that attacked him. Constable Mangal Mandavi sustained bite injuries on his leg in the face-off with the wild animal, police said. He was shifted to Narayanpur in a helicopter on Wednesday morning and admitted to the district hospital, they said, adding that his condition is normal. Ten Naxalites, including three women, were killed in the encounter that occurred in the forest between Tekmeta and Kakur villages in Abhujmad area, a Naxalite stronghold, on Tuesday when a joint team of the STF and the District Reserve Guard, both units of the state police, was out on an anti-Naxal operation.

stocks gave up early gains in a sharp selloff in the last hour of trading. The Nifty hit an all-time high during the trading session but could not sustain the bullish momentum with traders cutting their bets ahead of the US Federal Reserve's policy meeting on Wednesday. India's stock market will be shut on Wednesday for Maharashtra Day. NSE's Nifty closed at 22,604.85 on Tuesday, down 38.55 points, or 0.17%, after making a fresh lifetime high of 22,783.35 during the day. BSE's Sensex declined 188.5 points, or 0.25%, to end at 74,482.78. The index's Tuesday high of 75,111.39 was 13 points short of its all-time high. Both indices had risen as much as 0.6% during the session.

Tata Communications is going the sustainable way when it comes to raising funds, with the telecom company hiring Bank of America (BofA) to advise it for a financing framework which aims to unlock access to funds of around $1 billion over the next two years. The bank is advising the Tata Group company on a Sustainability-Linked Loan (SLL) framework which introduces targets related to environmental, social and governance (ESG) standards for fundraising, people aware of the developments told ET.

The Biden administration is out with new guidelines for tax credits for producers of sustainable aviation fuel

Godrej Group entities Godrej & Boyce and Godrej Properties, as part of ownership realignment of their shareholdings in the Godrej Companies, have decided to continue their Memorandums of Understanding (MoU) executed from time to time, for development of the former’s land in Mumbai’s eastern suburb Vikhroli. This proposed development will take place as and when the land owner and developer Godrej & Boyce is desirous of developing the said land, the companies said in a joint release. “The future development of Vikhroli presents a unique opportunity to create a holistic space in the metropolis of Mumbai where urban development and biodiversity co-exists harmoniously. Godrej Construction and Godrej Properties bring complementary strengths, and this has translated into the launch of successful real estate projects in Vikhroli,” said Jamshyd Godrej, CMD, Godrej & Boyce.

Embraer’s EMB-203 Ipanema aircraft is undergoing testing to evaluate a new method for applying bio-control agents on farms in Brazil. Led by Koppert, a prominent company specializing in agricultural biological systems, this initiative aims to enhance sustainability in national farming practices.

In the fast-paced world of high net-worth individuals (HNIs), investment choices extend beyond financial returns. They seek a blend of profitability, purpose and prestige. Understanding these sophisticated investors reveals the highly diverse nature of an HNI’s investment portfolio.