Sustainability Financial News

Kuwait, seven of the eight Indian navy veterans who were sentenced to death on 'espionage' charges, heaped praise on Prime Minister Narendra Modi, saying they wouldn't have been freed had it for the sustained diplomatic efforts at his behest to secure their release. Their death sentence was later commuted to an extended prison term following sustained diplomatic interventions and legal assistance from New Delhi. Relieved to finally walk free, the seven former Navy officers raised chants of 'Bharat Mata ki Jai' after arriving at the Delhi airport in the early hours of Monday.

DesignCafe is in the process of merging with its bigger rival HomeLane in a stock-swap deal, multiple people aware of the development told ET. The deal will value DesignCafe at about Rs 500 crore, or about $60 million, and HomeLane at $360 million, or about 3,000 crore, one of the sources said.

₹7 trillion worth of bad debt in five years between 2019 and 2023 in the absence of resolution. Joshi said banks will be asked to move NCLT first, even if they are talking to borrowers for a one-time settlement (OTS), which often delays NCLT filings and admission. Also, sometimes bankers do not submit all the required information in their insolvency application, delaying admission.

My passion for exploration led me to Lakshadweep, a hidden jewel in the Arabian Sea. Beyond the turquoise waters and coral reefs, I sought to delve into the sentiments of the locals regarding the recent surge in tourism, a consequence of Prime Minister Narendra Modi’s emphasis on development in this tranquil haven.

Solana Price Prediction is a hot topic as SOL soars past the $100 mark, with the latest figures showing a trading price of $109.56. This modest 24-hour increase of nearly 15% underscores the burgeoning interest and confidence in Solana, currently ranked 5th in market valuation.With a formidable market cap of roughly $47.9 billion and 437 million SOL coins in circulation, Solana’s trajectory seems poised for further ascension.

As the Super Bowl approaches, there could be problems for guacamole, a favorite game-time food in America

Indian space sector is changing from a «closed» and «secretive» society to an open one and the objective behind it is to turn it into an economic or business activity instead of government programme, ISRO Chairman S Somanath said here on Saturday. The change in mindset has been influenced by how space-related activities in countries like the USA have been turned into an economic activity, Somnath said while speaking at the Mathrubhumi International Festival of Letters (MBIFL) 2024 being held at Kanakakunnu Palace here. The ISRO Chairman said that in the past 60 years, the work of the space sector — from making rockets to satellites — was aimed at societal application, for delivering services that benefit the common man. As a result, the budget of the space programme was «very less» — Rs 10,000 crore, he said during a session of the fifth edition of the MBIFL.

Prevention of Evil) Practices Bill, 2024 whereby any person found guilty of committing the illegal act in the name of treatment/magic healing shall be punished with imprisonment and a fine. The state cabinet has approved the proposed Bill which seeks to seeks to prohibit and eliminate practices of magical healing in the name of treatment of some congenital diseases like deafness, dumbness, blindness, physical deformities, autism, etc. It will prohibit such healing sessions completely and provide strong punitive action against healers' extorting the poor and downtrodden people in the name of treatment

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

India should go beyond achieving the desired level of per capita income and be 'atmanirbhar' in all aspects, Principal Secretary to the Prime Minister PK Mishra said on Saturday. Speaking at the 56th annual conference of the Odisha Economic Association at Sambalpur, he also stressed on sustainable growth while achieving high growth trajectory to become a developed nation by 2047. «High growth that is not sustainable will not be meaningful,» Mishra said. «India should go beyond achieving the desired level of per capita income and be 'atmanirbhar' (self-reliant) in all aspects. Women will be leading India's development story, the economy will be more inclusive and innovative, and corruption, casteism and communalism will have no place in our national life,» he said. Mishra said that the G20 Presidency led by India was recognised globally for its unprecedented scale and success, emphasising the adoption of new concepts for a sustainable and better future.

Bengaluru-based Ola Electric became the first two-wheeler EV-maker to become eligible for the PLI scheme as its S1 Air scooter received DVA. The two products are now eligible for various subsidies offered by the government for the next 5 years.

₹27 crore deal. Ravalgaon Sugar Farm, which owns brands such as Mango Mood, Coffee Break, Tutty Fruity, Paan Pasand, Choco Cream and Supreme, has sold its trademarks, recipes, all intellectual property rights to Reliance Consumer Products Ltd (RCPL), as per a regulatory filing. In the filing, Ravalgaon Sugar Farm said its board "approved the sale, transfer and assignment of the trademarks, recipes, all intellectual property rights, including all rights, interests, and protections associated therewith, relating to the company's sugar boiled confectionery business to RCPL for a consideration of ₹27 crore".

Voya Financial has expanded its advisory offerings with the introduction of a new dual qualified default investment alternative for retirement plan participants.

Supply chain disruptions continued to dominate headlines with geopolitical conflicts escalating in late 2023. As recent events in the Red Sea illustrate, crystal gazing is hard, especially when it comes to supply chains, which are impacted not only by geopolitics but also economic volatilities and climate disruptions that threaten a seamless functionality. Needless to say, embedding stability and resilience in supply chains remains key concerns of stakeholders worldwide. So, with another year unfolding, here are some trends that will reshape supply chains in 2024. 1.

India's energy requirements at present come from non-fossil sources and are likely to touch as high as 65 per cent by 2030, much higher than what the country pledged at the COP summit in 2021, said Union Minister RK Singh. At COP26 held in 2021 in Glasgow, India committed to an ambitious five-part «Panchamrit» pledge. They included reaching 500 GW of non-fossil electricity capacity, generating half of all energy requirements from renewables, to reducing emissions by 1 billion tonnes by 2030. India as a whole also aims to reduce the emissions intensity of GDP by 45 per cent. Finally, India commits to net-zero emissions by 2070.

Interest in sustainable investing among individual investors globally is surging – and American investors are leading the way on several fronts, according to a new report from Morgan Stanley.

Reliance Consumer Products (RCPL) has acquired the trademarks, recipes, and all intellectual property rights of sugar-boiled confectionery maker Ravalgaon for Rs 27 crore, according to a stock market disclosure by Ravalgaon Sugar Farm Ltd. Ravalgaon owns nine confectionery brands such as Pan Pasand and Coffee Break. This fits RCPL's strategy of acquiring old Indian brands which are under distress and relaunching them, like it had acquired the Campa soft drink brand. The deed was signed between both the parties on Friday. It excludes the slump sale of all assets and liabilities of Ravalgaon. “It is clarified that while 100% of the revenue of the company (Ravalgaon) is ascribed to the intellectual property being sold, the company will continue to hold all other assets such as property, land, plant, building, equipment, machinery, etc. post completion of the proposed transaction,” as per the disclosure.

₹27 crore, giving it rights to brands such as Pan Pasand and Mango Mood. "The Board, on the recommendation of the audit committee of the company, inter alia approved the sale, transfer and assignment of the trademarks, recipes, all intellectual property rights, including all rights, interests, and protections associated therewith, relating to the company’s sugar boiled confectionery business to Reliance Consumer Products Limited, for a consideration of Rs27 crore," The Ravalgaon Sugar Farm Ltd said in a filing to the exchanges on Friday. The proposed transaction includes the sale of the intellectual property, and does not envisage a slump sale of all assets and liabilities of the company.

The real estate sector is observably one of the most fragmented sectors in the country, engaging a large workforce and contributing around 7% to Indian GDP. Metro cities such as Mumbai and Delhi-NCR are gaining maximum traction due to being a hub for businesses. However, compared to other competitive metro markets, Hyderabad is set to become the most promising real estate destination in the country. As per a recent industry report, Hyderabad, along with Mumbai and Pune, will be driving growth in the real estate sector in 2024. The following are some of the key factors that will propel the city’s real estate to the next level in 2024.

There is a common belief that investing is a journey of self-discovery. It reveals your relationship with money, your tolerance for risk, and your ability to stay disciplined in the face of uncertainty. When we look at the investment opportunities presented in India, we are looking at a stable government that offers excellent business-friendly policies and a promising future. The country is poised to be a rare bright spot despite a tough macroeconomic environment and a slowing global economy. Investment companies have highlighted how multi-asset allocation strategies will be key to generating sustainable market-beating investment returns.

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.