Sustainability Financial News
14.02 / 07:47
markets
UPS
Sustainability
trends
Experts
reports
HDFC Bank share price hits 52-week low, down 20% in 2024 so far
₹1,363.45 on the BSE. HDFC Bank share price opened at ₹1,380.90 against the previous close of ₹1,394 and cracked over 2 per cent to the 52-week low level. The stock has been under strong selling pressure this year.
14.02 / 07:31
Fighting
Sustainability
community
social
hospital
volunteers
Colleges
'Village volunteers' attempt to barge into Manipur Police Training College, one killed in firing
Manipur Police Training College (MPTC) at Pangei in Imphal East district, a senior official said. It is suspected that the village volunteers tried to barge into the premises to loot firearms as they had earlier posted on social media that they needed more weapons to fight off attackers. However, officials have remained mum over the motive of their attempt to enter the police facility, which houses a large number of weapons. One person, identified as 24-year-old Okram Sanaton, succumbed to his injuries while being taken to a state-run hospital in Imphal after sustaining gunshot wounds. «The incident took place on Tuesday night when a large number of local youths, mostly village volunteers, gathered at the MPTC gates and tried to barge into the premises, with some even succeeding in their endeavour,» the official told PTI.
14.02 / 07:31
FIVE
Sustainability
Parke
Trade
country
social
innovations
park
Adani Green begins power generation from world’s largest Renewable Energy park in Khavda, Gujarat
Adani Green Energy Limited (AGEL), has operationalized 551 MW solar capacity in Khavda, Gujarat, by supplying power to the national grid, the company said today. AGEL achieved this milestone within 12 months of commencing work on the Khavda RE (renewable energy) park, starting with the development of basic infrastructure, including roads and connectivity, and creating a self-sustaining social ecosystem. AGEL also transformed the challenging and barren terrain of the Rann of Kutch into a habitable environment for its 8,000-strong workforce. AGEL plans to develop 30 GW of renewable energy capacity at this RE park. The planned capacity is expected to be operationalized in the next five years. When completed, the Khavda RE park will be the largest renewable energy installation in the world, the company said, adding that energy from the Khavda RE park can power 16.1 million homes each year.
14.02 / 07:05
COST
UPS
Provident
Mobile
Sustainability
PM Surya Ghar Muft Bijli Yojana: Here's how to apply for the rooftop solar scheme for free electricity
Narendra Modi on Tuesday announced the launch of the 'PM Surya Ghar: Muft Bijli Yojana' which aims to light up one crore households by providing up to 300 units of free electricity every month. Modi said the project would entail an investment of over Rs 75,000 crore. In a post on X, Modi said, «In order to further sustainable development and people's wellbeing, we are launching the PM Surya Ghar: Muft Bijli Yojana. This project, with an investment of over Rs 75,000 crore, aims to light up 1 crore households by providing up to 300 units of free electricity every month.» From substantive subsidies, which will be given directly to people's bank accounts, to heavily concessional bank loans, the central government will ensure that there is no cost burden on the people, the prime minister added.
14.02 / 06:09
markets
COST
Manufacturing
economy
Sustainability
Experts
Lab-grown diamonds come with sparkling price tags, but many have cloudy sustainability claims
Lab-created diamonds come with sparkling claims: that they are ethically made by machines running on renewable energy
14.02 / 05:53
Career
Sustainability
wellness
love
Celebrity
Equality
Relationships
Valentine's Day: 6 key tips for couples seeking sustainable wealth creation
It is the month of February, and Valentine’s Day is here. It is time to celebrate togetherness. While celebrating togetherness in love, relationships, vacationing, etc., is important, it is equally important in other aspects of life. Some of these include health, career, and, of course, financial planning. This Valentine's Day, don't restrict the celebration to a romantic dinner, movie, or romantic getaway for spending quality time with your better half. Take some time out to discuss financial planning and build financial resilience as a couple.
13.02 / 22:09
Blockchain
UPS
Citi
Sustainability
trends
Crypto Presale
eTukTuk
Sustainable Cryptocurrency eTukTuk Approaches $1 Million Milestone in Presale – Next Big Trend?
Sustainable cryptocurrency eTukTuk’s presale is surging towards $1 million in funds raised.
13.02 / 18:55
Citi
MET
Fighting
Sustainability
peace
Joe Biden pushes for six-week pause in Gaza fighting
Joe Biden said he's pushing for a six-week pause in fighting between Israel and Hamas to allow for the release of hostages, saying that could lay the groundwork for broader peace. Such a pause «would bring an immediate and sustained period of calm into Gaza for at least six weeks, which we could then take the time to build something more enduring,» Biden said Monday following a meeting with Jordan's King Abdullah II at the White House.
13.02 / 18:39
Provident
Waters
Sustainability
Food
show
prevention
Features
Unleash Your Culinary Creativity with the Top Chopping Board of 2024
Chopping boards make cutting veggies anywhere convenient because they provide a stable and clean surface for food preparation. Whether it's in the kitchen, at a picnic, or even on a camping trip, a chopping board allows us to chop, slice, and dice vegetables without worrying about damaging the surface underneath or making a mess. Its portability and versatility make it an essential tool for anyone who loves to cook on the go.
13.02 / 18:25
Waters
Sustainability
TikTok
Food
Experts
recommendations
medicines
How much water do you need to sustain yourself?
Q: How much water does the average person really need to drink? And is there such a thing as too much? A: If you're not sipping from a 64-ounce Stanley cup all day, are you even alive? Hydration is once again having a moment — TikTok videos with the #watertok hashtag now have more than 1 billion views.
13.02 / 16:09
COST
Provident
Target
Sustainability
Food
trends
reports
Higher-than-expected inflation reading hits hopes of Fed rate cuts
US consumer prices jumped at the start of the year, tempering hopes for a continued drop in inflation and likely delaying any Federal Reserve interest-rate cuts.
13.02 / 14:53
markets
Platform
Sustainability
Food
Research
stage
reports
Doubtful of markets’ reception of loss-making firms without visibility on profits: Sanjeev Bikhchandani
Info Edge cofounder Sanjeev Bikhchandani on Tuesday said he is doubtful about how receptive the public markets will be of loss-making companies unless there is a clear visibility on profits in the next year or two. “I am not sure people will be willing to give valuations that these companies often expect. But I could be wrong,” Bikhchandani told analysts on a conference call for Info Edge’s announcement of its third-quarter financials.
13.02 / 14:41
markets
IPO
Digital
Sustainability
stage
reports
Schools
Edtech Upgrad aims for IPO in two years
edtech unicorn Upgrad plans to go for an initial public offering (IPO) in around two years, cofounder and managing director Mayank Kumar said on Tuesday. Kumar said the company will go for an IPO once it reaches milestones such as achieving $750 million in revenue, maintaining an 80% gross margin, and sustaining a 50% net margin.
13.02 / 12:23
UPS
Provident
Platform
Sustainability
Election
social
Govt's rooftop solar scheme gets a name; investment pegged at ₹75,000 cr
announced in the interim budget. Named PM Surya Ghar: Muft Bijli Yojana, the scheme is projected to entail an investment of ₹75,000 crore. Prime Minister Narendra Modi, while announcing the launch of the scheme on social media platform X, reiterated the government's commitment to providing 300 units of free power to 10 million beneficiary households.
13.02 / 12:23
UPS
Provident
Sustainability
reports
PM Modi launches 'Muft Bijli Yojana' to provide 300 units electricity per month: Here's how to apply
₹75,000 crores. “To further sustainable development and people’s well-being, we are launching the PM Surya Ghar: Muft Bijli Yojana. This project, with an investment of over Rs.
13.02 / 09:39
COST
Airlines
Analysis
Sustainability
travelers
Traffic
CRISIL Ratings forecasts 20% operating profit growth for Indian airlines industry in FY25
CRISIL Ratings. This comes after a notable increase this fiscal year, fuelled by a robust recovery in passenger traffic, the ability to adjust volatile fuel prices, and stability in foreign exchange rates. This will support their credit metrics despite a significant increase in debt (including lease liabilities) expected through this and the next fiscal years to fund fleet additions. An analysis of three airlines, which account for two-thirds of India’s air traffic, indicates as much.
13.02 / 09:39
UPS
Digital
Sustainability
Research
wellness
Schools
Cyber
Ericsson Research, Indian Statistical Institute join hands for collaborative research in safe, reliable cyber-physical systems
Indian Statistical Institute for collaboration in multiple research activities, which will be carried out under the cyber-physical systems (CPS) umbrella for three years. The two have set up a virtual interdisciplinary research centre to foster both fundamental and applied research in sustainable and trustworthy cyber-physical systems with immediate impact in deploying AI and CPS in the Indian ecosystem, a statement said.
13.02 / 08:27
COST
UPS
Provident
Progressive
Sustainability
PM Modi announces 'PM Surya Ghar: Muft Bijli Yojana' to boost solar power
solar power and sustainable progress, Prime Minister Narendra Modi on Tuesday announced that his government is launching the 'PM Surya Ghar: Muft Bijli Yojana' which aims to light up one crore households by providing up to 300 units of free electricity every month. Modi said the project would entail an investment of over Rs 75,000 crore. «In order to further sustainable development and people's wellbeing, we are launching the PM Surya Ghar: Muft Bijli Yojana. This project, with an investment of over Rs 75,000 crore, aims to light up 1 crore households by providing up to 300 units of free electricity every month,» the prime minister said on X. From substantive subsidies, which will be given directly to people's bank accounts, to heavily concessional bank loans, the central government will ensure that there is no cost burden on the people, he said.
13.02 / 08:07
markets
COST
UPS
Target
Sustainability
Trade
Coal India stock spikes over 5.5% as Q3 earnings beat estimates. Is it a good time to buy?
Coal India, the world's largest coal miner, saw its shares jump 5.80% to ₹457.85 apiece in today's trade after the company posted a robust set of numbers for the December-ending quarter, beating analysts' estimates. The strong earnings were led by higher other income, lower raw material and overburden removal costs. The company released its Q3 numbers post market hours on Monday, reporting a net profit of ₹9,094 crore, a robust 18% YoY growth.
13.02 / 07:31
COST
UPS
Sustainability
WhatsApp
Hindalco sees sharpest fall in 4 years on higher capex, lower returns for US project
Hindalco Industries saw their sharpest fall in nearly four years as a significantly higher spend on capex and with lower expected returns for a facility to be set up in the US is seen hurting the company’s earnings over the long-term. Down more than 13% on the NSE, shares of Hindalco slipped to their lowest level in three months.
13.02 / 07:15
markets
Sustainability
Remark
Research
Trade
Experts
record high
RIL share price hits record high; mcap tops ₹20 lakh crore for first time; what should investors do?
Reliance Industries (RIL) share price climbed almost 2 per cent to hit its fresh all-time high of ₹2,957.80 in intraday trade on BSE on Tuesday, February 13. This remarkable increase in the stock price propelled the company's market capitalization to almost ₹20 lakh crore for the first time. RIL is the most valuable company in India in terms of market capitalisation.
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