Sustainability Financial News

As the aviation sector seeks ways to make air travel less polluting and more sustainable, aerospace company Embraer and South Korean automaker Hyundai are among the companies betting on a new form of air travel -– air taxis

Turkey’s central bank has left its key interest rate unchanged at 45%, pausing a series of aggressive rate hikes aimed at taming high inflation

Shares of Super Micro Computer (NASDAQ:SMCI) continued their relentless ascent on Thursday, surging more than 35% during the session. The SMCI stock has had one of the most impressive starts to 2024 among tech stocks, gaining over 235% year-to-date, prompting many analysts to ask: Is the SMCI stock in a bubble?

Red Sea. Whereas, trade in sectors like metals and textiles are the least affected sectors because of the Red Sea crisis. Also Read: Red Sea crisis: Canada asks Beijing to influence Houthis, 'It's in China's interests' The report pointed out that a sustained disruption in trade routes may lead to extended delays in the delivery of goods, hence impacting players within the capital goods sector.

Gurugram, 22nd February, 2024: Gurugram's pioneering embrace of drone delivery adoption marks a significant leap into the future. By championing drone technology, Gurugram is not only revolutionizing the logistics landscape but also setting a precedent for other cities across India. The seamless integration of drones into the urban environment not only underscores the city's commitment to innovation but also reinforces its status as a hub for disruptive technologies.

factor and product markets is essential for making strategic business decisions. This understanding enables businesses to optimize resource utilization, tailor strategies to market dynamics, and ultimately gain a competitive edge in their respective sectors. Businesses in the product market must focus on understanding consumer behaviors, market trends, and effective branding strategies.

MakeMyTrip said on Thursday it has inked a memorandum of understanding (MoU) with the department of tourism, government of Goa, for a 'first of its kind' public-private partnership. The company said this 'collaborative effort' aims to further propel tourism in Goa and position it as a vibrant, 'year-round' destination, moving beyond its iconic sun, sand, and beaches. Goa is the first state in India to launch a regenerative tourism initiative. MakeMyTrip said the MoU, which outlines innovative initiatives aimed at showcasing Goa's lesser-known inland treasures, its rich cultural tapestry and delectable culinary traditions, is the next step ahead. Rohan Khaunte, minister of tourism, IT, E&C, and printing and stationery, Government of Goa said the collective vision of 'Goa Beyond Beaches' is to bring the hidden splendours of Goa to the forefront, celebrate its rich cultural heritage, take tourism to the hinterlands of Goa and ensure sustainable and regenerative tourism practices that preserve its natural resources for generations to come.

policy committee (MPC) meeting on February 8 decided to keep the benchmark interest rate (repo rate) unchanged at 6.5 per cent citing inflationary concerns. Five members including Dr. Michael Debabrata, Shashanka Bhide, Ashima Goyal, and Rajiv Ranjan voted for status quo on the policy rate for the sixth consecutive time, while Jayanth R Varma voted to reduce the policy repo rate by 25 basis points.

investment firm, has raised $6.4 billion under KKR Asia Pacific Infrastructure Investors II SCSp, for its infrastructure-related investments across Asia Pacific. At close, the fund is the largest pan-regional infrastructure fund to have been raised for Asia Pacific, stated a press release. This closely follows KKR’s debut Asia Pacific-dedicated infrastructure fund, KKR Asia Pacific Infrastructure Investors SCSp, which closed at $3.9 billion in 2021 as the largest Asia-dedicated pan-regional fund at the time.

Stock market today: Despite weak trends in the Indian stock market today, shares of Rail Vikas Nigam Limited or RVNL and Salasar Techno Engineering Ltd opened upside in the opening bell. RVNL share price today opened upside at ₹261.90 apiece on NSE and went on to touch an intraday high of ₹262.60 apiece within a few minutes of the stock market's opening.

Juniper Hotels continued to see muted response from investors with an overall subscription of just 16% so far on Thursday, the second day of the bidding process. The issue closes on February 23. The category reserved for retail investors was subscribed the most at 74%, while that of NIIs was booked at 9%. There were no bids yet in the QIB part.

ONGC (Oil and Natural Gas Corporation) and Oil India Ltd share prices have risen 77-146% in a year. As the share prices scaled 52-week highs recently the same was in the back of expected rise in production as indicated by the management in their conference calls.

The ceremonial commencement of Berger's manufacturing facility took place on February 15, 2024. Hon’ble Chief Minister Naveen Patnaik inaugurated the facility and participated in the groundbreaking ceremony alongside Government dignitaries and Berger Paints officials.

Equity mutual funds are pooled investment vehicles enabling participation in various stocks from various sectors. Professional fund managers assemble and operate these diversified portfolios, aiming to generate inflation-beating returns over extended timeframes by harnessing the strengths of India's corporate growth story.

By Arsheeya Bajwa and Max A. Cherney

Gold rate today, 22 Feb 2024: After the release of the US Fed minutes on Wednesday, gold price today witnessed some relief rally during morning deals. Gold futures contract on the Multi Commodity Exchange (MCX) for April 2024 expiry opened higher at ₹62,155 per 10 gm level and went on touch an intraday high of ₹62,169 per 10 gm level.

₹814 per share during today's trading session, amid a strong surge in volumes, marks the end of the stock's two-day decline. By 10:15 a.m., a total of 3.2 lakh shares were traded on both the NSE and BSE.

China's parliament approaches next month, its leaders are facing the greatest pressure in almost a decade to take bold policy decisions that safeguard the economy's long-term growth potential. The start of the year saw Chinese stocks tumbling to five-year lows on growth concerns and deflation deepening to levels unseen since the global financial crisis, prompting comparisons with the 2015 turmoil that forced policymakers into action.

MakeMyTrip (MMT) on Thursday inked a Memorandum of Understanding (MoU), to further turn Goa in a year-round destination, moving beyond its iconic sun, sand, and beaches. The one of a kind public-private partnership aims to outline a series of innovative initiatives to showcase Goa's lesser-known inland treasures, its rich cultural tapestry and delectable culinary traditions, is the next step ahead. As part of this pact, MMT plans to broaden the reach and appeal of the coastal state by bringing to the table its expertise in digital innovation and marketing. The Tourism Minister of Goa emphasized the government's commitment to transforming Goa, the first state to launch Regenerative Tourism initiative. This particular initiative of the state government has Ekadasha Teertha campaign, where they are connecting eleven places of worship to form a travel circuit.

₹1,054.40 apiece on Thursday after the company announced expansion plans in Chennai. The real estate developer Brigade Enterprises has signed a joint development agreement with PVP Ventures Limited to develop a 2.5 million square feet, high- rise residential project, spread across 16 acres in Perambur, Chennai.

Supportive global geopolitics: As per the brokerage India has a vibrant democracy with 57 national/regional parties. The upcoming national elections in Apr/May’24 will have 1bn eligible voters. Successive governments have adopted consistent growth & external relations policies.