Sustainability Financial News

India’s electricity consumption is growing at nearly 9% per year, faster than real gross domestic product (GDP). That is understandable, since economic growth involves rapid urbanization, which is electricity- intensive. It is also possible that in the near-term, GDP growth has higher energy intensity beyond electricity.

The world’s first cryptocurrency, Bitcoin, scaled a fresh peak on Monday. It reached $72,234 per token, crossing its pandemic peak of nearly $69,000. Bitcoin may be ‘here to stay,’ but that still does not justify its adoption as a currency.

TMC shared images of the CM lying in a hospital bed. The images shared by TMC showed Mamata Banerjee with a deep cut in the middle of her forehead and blood on her face. The Chief Minister suffered injuries at home and was admitted to Woodburn Ward of the state-run SSKM Hospital in Kolkata.

Total net flows for the month were £6.43bn, with total ETF assets growing by £38bn. Dewi John, head of UK and Ireland research at LSEG Lipper, explained this jump was due to a «combination of inflows and market moves». Sustainable ETFs subject to SDR but unable to benefit from labelling regime February's results were «barely half» of the total flows seen the previous month, John said, but caveated that January «exceeded the highest monthly inflows for 2023», setting a high watermark for the following period. Equities dominated throughout the month in terms of both net inflows an...

₹757 crore in 2023 to acquire the Women's Premier League (WPL) team. Jinisha Sharma, director of the sports division at NBFC Capri Global said the decision to buy a WPL team was a “calculated risk" considering the backing of the Board of Control for Cricket in India (BCCI), and growing interest in women's sports in India. The company owns four sports teams.

Only five years ago, Nvidia’s market valuation was sitting around the $100 billion mark. Fast forward to 2024, the chipmaker is the world’s third most valuable company, with a market cap of a staggering $2.3 trillion. Moreover, Nvidia (NASDAQ:NVDA) stock price seems to be on its way towards $1,000.

India a premier hub for scientific learning by drawing in global best practices and sharing its knowledge and experiences with the world. «The coming years until 2047 is a period that is crucial to realise our vision of building a strong, self-reliant nation, where the scientific community in particular, especially our youth, will play a defining role,» the prime minister said in a message to a report encapsulating the scientific achievements of the past decade. The report — 'A Decade of Science: Technology Panorama for Aatmanirbhar Bharat' was compiled by the Office of the Principal Scientific Adviser to the Union Government and NGO Foundation for Advancing Science and Technology (FAST India) — and released by Science and Technology Minister Jitendra Singh on Thursday. The report highlights India's sustained efforts in science and technology, particularly in fields such as infrastructure, defence, energy sector and heavy industries.

In the ever-evolving landscape of cryptocurrency, Bitcoin‘s recent uptick to $73,400 echoes a growing bullish sentiment.

Bank of Baroda (BoB), which PSU bank stock has better long-term investment opportunities. Both SBI and BoB have given double-digit returns this year so far but SBI has been the better performer. While SBI has risen almost 16 percent in 2024 YTD, BoB has advanced 12 percent in this period.

Mint on 28 December 2023 reported that legal scrubbing of both the pillars had started and the deal is expected to be signed in 2024. “Both the pillars are very important for the country. The clean economy (Pillar-III of the IPEF) is aimed at cooperation on research, development and commercialisation of clean energy and climate-friendly technologies," the second person said.

The New Indian Express. P Rajeeve further informed that the project which has been designed by keeping environmental sustainability in mind, has garnered global attention in a short span.

(Reuters) -Lennar Corp reported first-quarter profits above Wall Street estimates on Wednesday, as historically low existing home supply led to sustained demand for new unit construction.

In the dynamic landscape of customer relationship management (CRM) software, Salesforce.com, Inc. (NYSE:CRM) continues to be a formidable player, adapting to the evolving business needs with its comprehensive suite of services. Recent analyses underscore the company's strategic advancements, particularly in the realms of artificial intelligence (AI) and Data Cloud services, which are expected to bolster its market position and financial performance.

US inflation data has raised concerns that Jerome Powell-led US Federal Reserve may postpone cutting interest rates in June over achieving its inflation target of two per cent. This also led foreign investors dumping Indian shares today with the total outflow by foreign institutional investors (FIIs) coming in at ₹4,595 crore, according to NSE data. Domestic institutional investors (DIIs) instead bought ₹9,094 crore in Indian equities, but that could not stabilise the larger selling pressure today witnessed across counters.

By Mike Dolan

By Iain Withers

V Anantha Nageswaran on Wednesday said words like 'sustainable', 'green', 'climate' and 'environment' are fads that have «lost their meaning» now. They have been used as "convenient packaging" by all to continue with the activities they do, he rued.

The S&P BSE Sensex plunged more than 900 points while the Nifty50 failed to hold on to 22,000 towards the close of the session.

Uday Kotak on Wednesday said Indian markets are not in a bubble. There may be some «early froth», and it may be a «little bubbly» but the markets are not out of control, Kotak said, speaking in the presence of top officials from Sebi in a conference organised by the capital markets watchdog. The statement from Kotak, the founder and non-executive director of private sector lender Kotak Mahindra Bank, comes two days after Sebi chairperson Madhabi Puri Buch had said that there are pockets of froth in the small and mid-cap stocks and the regulator is looking into the same to come out with a possible consultation paper.

Craig Bonthron, Neil Goddin, Jonathan Parsons and Ryan Smith had managed the fund since its launch in March 2021. They joined Artemis from Aegon Asset Management (formerly Kames Capital) in November 2020, where they managed the Aegon Global Sustainable Equity fund. Artemis seeks departure from TAR sector following Target Return Bond fund name and objective change Sacha El Khoury will take over as lead manager of the fund. She joined Artemis from Columbia Threadneedle in 2023, where she led the CT Sustainable Global Equity Income strategy.  She was also co-manager of the CT Susta...

Rijac — India, known for its significant role in the global leather export market, has some concerns linked to its leather production. The fashion industry relies on the leather sourced from over 220 crore animals annually,with approximately 80 crore animals being processed in India.