Sustainability Financial News

At one of the world’s oldest universities, two M.B.A. candidates are trying to do something that has never been done before—get future business leaders to make a careerlong commitment to combat climate change. Collin Janich and Peter Golding, students at the University of Cambridge’s Judge Business School, are creating a pledge for M.B.A.

South India Organised Retailers Association (ORA) on Wednesday threatened to halt the sales of OnePlus products in their establishments from May 1, allegedly due to unresolved concerns with the company. In a letter addressed to Ranjeet Singh, Sales Director of Oneplus Technology India, ORA said that throughout the past year, the retailers' body has encountered significant obstacles associated with selling OnePlus products, which remain unresolved. «Despite our persistent efforts to address these concerns with your company, little progress or resolution has been achieved. Promises made have not been fulfilled, leaving us with no recourse but to take this drastic measure. ORA painfully wishes to inform our collective decision to halt the retail of OnePlus products in our establishments from 1st May, 2024,» the body said.

₹2 per litre last month, while prices of food, especially those of vegetables, are expected to moderate in line with seasonal trends. Additionally, core inflation, which excludes food, and fuel and light groups, is expected to continue its downward trajectory and may come in below the 4% mark for the fourth consecutive month.

Thailand’s Prime Minister Srettha Thavisin has revealed details of his government’s plan to stimulate the economy by giving digital cash handouts of 10,000 baht ($275) to an estimated qualifying 50 million Thais for spending at their local businesses

handmade couple painting from a photo is a beautiful way to celebrate your relationship and add a deeply personal touch to your home. These custom pieces not only add color and life to your walls but also serve as a daily reminder of your love. Similarly, a custom pet portrait can capture the essence of your furry friend, adding warmth and personality to your space.

National, 3rdApril-2024: Simpolo Group, a pioneering force in the ceramic industry, is proud to announce an expansion that will triple its existing capacity, a huge leap in India's ceramic industry. With an investment of over ~ Rs. 1,000 crore over the next two to three years, the group is embarking on a transformative journey, setting the stage for two ground-breaking manufacturing facilities strategically located across the nation.

Maharashtra Congress President Nana Patole narrowly escaped a potentially fatal accident when a truck collided with his car in Bhandara. The incident, which occurred late Tuesday night, raised speculation about foul play, with some suggesting it could have been an attempt on his life. State Congress spokesperson Atul Londhe claimed that the truck hit Patole's car and attempted to crush it near Karda village in Bhandara district. Fortunately, Patole emerged unharmed, with Londhe attributing his safety to the blessings of the people. In a post on X, Londhe said the accident occurred near Karda village in Bhandara district. He claimed that a truck hit Patole's car and tried to crush it.

Kolte Patil Developers Ltd (KPDL), with a ‘buy’ recommendation and a target price of Rs 700, signaling a potential 34% upside from current levels. In reaction to the coverage, the stock jumped nearly 8% to Rs 569.

Ozempic, the popular weight loss drug made by Novo Nordisk. However, there isn’t a medical ingredient in the concoction, which consists of a half cup of rolled oats, one cup of water, juice from half of a lime and a dash of cinnamon.Certain TikTok users claim they’ve shed 40 pounds within two months thanks to the drink.

Fourth Partner Energy (FPEPL) has raised ₹125 crore in debt majorly from private credit funds Modulus Alternatives and Incred Private Credit Fund at an interest rate of 14-15%. The fund will be used for expanding the generation capacity, sources said.

BMO Bank, the U.S. subsidiary of Bank of Montreal, quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labelled an energy “boycotter” in West Virginia.

There’s not much doubt that the Bank of Canada will hold its interest rate tomorrow, but there is a lot of debate over how policy makers will sound.

Gland Pharma, Axis Bank, Tata Motors, UCO Bank, Jana SFB among others will be in focus due to various news developments. Axis Bank Private equity firm Bain Capital is likely to sell 33.4 million shares of Axis Bank through a block deal on Tuesday, according to reports.

RWAs in the national capital on Monday unveiled a 24-point citizen wish list ahead of the Lok Sabha polls, demanding a sustainable city with better solutions for its air pollution problems, civic issues and governance. The United Residents Joint Action (URJA), in its citizens' charter for the next government, has made nine finance-related obligations, seven fundamental commitments, five leadership commitments and three citizen participation demands, the resident welfare associations (RWAs) group said in a statement. «The URJA's mandate calls for a more liveable, breathable, sustainable city with better solutions for its air pollution problems, civic issues and governance. The charter presents the key challenges faced by citizens of Delhi and their needs along with solutions that will work and specific demands for action,» it said.

US Securities and Exchange Commission (SEC) last week stayed the first-of-its-kind climate disclosure rules pending judicial review and amid a political backlash. The rules, adopted a month earlier, had taken two years to pass a pared down version and required public companies to disclose extensive climate change-related information in their regulatory filings. This development comes three months after China unveiled its ESG rules requiring companies to publish sustainability reports by 2026. In a significant move, the Supreme Court of India in a ruling released last week expanded the scope of Articles 14 and 21 to include the 'right against the adverse effects of climate change'.

₹400 trillion in a historic milestone on Monday, with the last ₹100 trillion rolling in the shortest duration of a mere 9 months, as the country's bright macroeconomic fundamentals encouraged local and foreign investors to plough more money into equities. The 30-share BSE Sensex jumped 494.28 points, or 0.67%, to settle at 74,742.50. During the day, it climbed 621.08 points, or 0.83%, to reach a new intra-day record high of 74,869.30.

Hyderabad early Monday. The assailants, believed to be associates of a slain friend, attacked Teju near his rented accommodation at Pragathi Nagar. Shockingly, a video circulating on social media shows two of the attackers brandishing knives and celebrating the murder shortly after its commission. Police reports indicate that Teju sustained multiple stab wounds, estimated to be around 10-11, resulting in his death. Authorities swiftly launched a manhunt, deploying four teams to apprehend the fleeing assailants. Teju, also known as Teja, had relocated to Pragati Nagar under Bachupally police limits following fears of retaliation from associates of Tarun Roy, a friend whose murder he was allegedly involved. After serving time in jail and subsequently being released on bail, Teju resided with his mother in a rented apartment.

A raft of agreements between African countries and Dubai-based company Blue Carbon could give the company control over large swaths of land for conservation projects

Breakout stocks: Amid Bank nifty index rising for the four straight sessions, four banking stocks listed in the index have given breakouts either on a closing basis or daily. According to stock market experts, those four breakout stocks listed in the Bank Nifty index are HDFC Bank, Kotak Mahindra Bank, ICICI Bank, and IndusInd Bank. They said that the market has taken an interest rate cut cue from the RBI monetary policy as the RBI Monetary Policy Committee is waiting for the US Fed to initiate a rate cut.

China’s weak consumer activity got a temporary boost from the Qingming holiday ended Saturday, during which more travelers hit the road, adding to signs of green shoots in the world’s second-largest economy. Official data released over the weekend show that Chinese tourists made 119 million domestic trips during the three-day holiday, up 11.5% from the same period in 2019 before the pandemic.

Hindustan Times. In the order, which was passed on March 21, and was uploaded recently, the bench formed an expert committee to suggest ways to balance two objectives, ie the protection of the critically endangered bird without hindering solar and wind projects in Rajasthan and Gujarat, which are an essential part of India's effort to achieve sustainable development goals.