Sustainability Financial News

According to the firm's annual results published today (8 March), assets under management rose by £15.1bn to £162.3bn last year, thanks to net flows of £4.2bn and positive market movements of £10.9bn.  External net inflows of £3.3bn, up from £1.7bn in 2022, were driven by net inflows of £2.7bn into its global equity strategies, including RLAM's first Japanese mandate, as well as net inflows of £1.4bn into cash funds, as investors sought to take advantage of rising rates.  These inflows were partially offset by £800m net outflows on the asset manager's sustainable funds. Royal Londo...

Delhi Police for allegedly stabbing his son, Gaurav Singhal, to death just hours before his scheduled wedding.Ranglal Singhal, the accused, confessed to committing the brutal act, driven by what he described as constant humiliation inflicted upon him by his son. Gaurav, aged 29, was attacked with a sharp weapon multiple times, sustaining 15 stab wounds to his face and chest at their residence in Devli Extension, South Delhi.

Gone are the days when money management was solely perceived as a man's domain. Today, women are breaking gender barriers in business, challenging societal norms where financial independence was traditionally seen as a male privilege.

Samsung Galaxy S23 boasts impressive features, justifying its popularity among smartphone users. Running on the latest Android 13.0 operating system and equipped with 5G cellular technology, it ensures seamless connectivity and enhanced performance.

'Shiv Barat' in Kota on the occasion of Mahashivratri late Friday morning. They were electrocuted from a high-tension power line passing overhead in the Sakatoura area under the Kunhari police station, news agency PTI reported. ALSO READ: Rajasthan CM Bhajanlal Sharma tests positive for COVID-19 "Two of the children sustained 100 and 50 percent burn injuries, respectively, while the rest 12 sustained less than 50 percent injuries," a senior police official said on Friday.

The XC40 Recharge single motor is manufactured at the Volvo facility in Hosakote, Bengaluru. Pre-booking for the car has already begun, and customers can reserve their vehicle at their nearest Volvo Car India business partner. According to the company, the pricing of the car has been strategically set to expand its customer base.

water shortage that Bengaluru is reeling under, several of the city’s technology parks said they are able to maintain operations without much impact, thanks to their long-term focus on sustainability. Operators of these business parks, which house tech giants like Google, Accenture and Tata Consultancy Services, have implemented green initiatives such as harvesting rainwater, utilising on-campus RO plants for water treatment and reducing their electricity consumption. These measures, they said, have so far helped them effectively manage the situation. Meanwhile, they are also asking their tenants to be watchful about water consumption. As a result of design changes made for sustainability purposes, the overall water consumption of tech parks managed by Vestian has reduced by 35%, said Shrini Rao, chief executive of the commercial real estate services firm. “Business parks have implemented changes such as installing rainwater harvesting systems and using air-cooled systems in their air conditioning equipment instead of water-cooled systems,” said Rao. “Over the last decade we have seen campus projects developed in Bangalore focus heavily on sustainability parameters. The designs implemented for washrooms are mostly recycled water, for example, as the designs for landscape elements like lawns … all of these choices have reduced the impact of water shortage on commercial parks.”

Bitcoin’s price prediction takes center stage as Bitget’s Managing Director, Gracy Chen, forecasts a potential climb to $120,000 – $140,000. This bold prediction hinges on recent ETF net inflows, suggesting an imminent rally.

Fort McKay First Nation and Suncor Energy announced Thursday they’re partnering on a prospective oilsands lease development on the northeast corner of reserve lands.

In the 1990s, South Korea faced a pivotal moment in its economic development. At the time, the country was rapidly industrializing and seeking ways to sustain its economic growth. Recognizing the untapped potential of half its population, South Korea embarked on a series of reforms aimed at increasing women’s participation in the workforce and promoting gender equality.

Federal Reserve Chair Jerome Powell on Thursday indicated that interest rate cuts may not be too far off if inflation signals cooperate.

Mainstay Capital Management CEO David Kudla argues the Fed will be 'very cautious' and there won't be rate cuts for some time.

Till September 2023, 77% of the loans under Rs 1 lakh were given out by fintech lenders, from around 50% in FY18. In value terms, fintechs accounted for 50% of market share with non-banking lenders making up 25%. In FY18, this share was 34% for NBFCs and 29% for fintechs, according to the report titled ‘Charting New Horizons for Fintech Lending: Navigating Profitability and Scalability’.

Chelsea has announced pre-tax losses of 90.1 million pounds in its first year under U.S. owners Todd Boehly and Clearlake Capital

Narendra Modi will present the first-ever National Creators Award at the Bharat Mandapam on Friday. The award aims to recognise excellence and impact across domains, including storytelling, social change advocacy, environmental sustainability, travel, technology, education and gaming, the Prime Minister's Office (PMO) said in a statement. “Social media has helped a lot in showcasing people's skills and talents.

₹2,101.8 crore in 2023. It reported revenues of ₹16,042.6 crore during the year.

Investing.com -- The European Central Bank held interest rates at record highs as expected on Thursday, as policymakers search for more evidence that sticky inflationary pressures are sustainably easing.

Following on from a report this week that shows rising confidence in private market investments, there’s a new analysis of the asset class from a leading investment manager in the space.

A proposal to tax high-earning Americans more as a way to address the fiscal challenges with Social Security and Medicare funding overlooks its broader impact on households and the economy.

Narendra Modi will present the first ever National Creators Award at the Bharat Mandapam on Friday, his office said, noting that it has been envisioned as a launch pad for using creativity to drive positive change. The Prime Minister's Office (PMO) in a statement said that the award is an effort to recognise excellence and impact across domains, including storytelling, social change advocacy, environmental sustainability, education and gaming. «The National Creator Award has witnessed exemplary public engagement. In the first round, more than 1.5 lakh nominations across 20 different categories were received. Subsequently, in the voting round, about 10 lakh votes were cast for digital creators in various award categories. Following this, 23 winners, including three international creators, were decided,» it said. This overwhelming public engagement is testimony that the award truly reflects the people's choice, it added.

Vehicle registrations — a proxy for retail sales — increased in healthy double-digits by 13% to over two million units last month amid better supplies and sustained consumer demand across rural and urban markets. As many as 2,029,541 vehicles were sold last month, which is an increase of 13% over 1,794,866 units sold in February 2022, as per data collated by FADA (Federation of Automobile Dealers Association). FADA President Manish Raj Singhania said vehicle retails increased across categories. While sales of two-wheelers went up by 13.25% to 1,439,523 units in the month under consideration, those of three-wheelers rose 23.88% to 94,918 units. “The 2W market's 13% YoY growth was driven by the rural sector, premium model demand, and strong entry-level segment performance, with broader product availability and compelling offers enhancing product acceptance. Factors like favourable marriage dates and improved economic conditions also contributed to this positive growth”, Singhania informed.