Sustainability Financial News

23.01 / 17:12

Citi Sustainability Citigroup Nikkei trends cover Citi sees profit-taking risks as Nasdaq futures positioning nears 3-year highs

Citigroup equity strategists noted that bullish Nasdaq 100 futures flows are becoming increasingly extended in terms of positioning and profits, raising concerns about potential profit-taking risks.

23.01 / 16:23

Citi FIVE LGBT Sustainability Parke hospital Ontario girl killed day before 6th birthday while out walking with her family

GoFundMe started for the family have identified the dead child as Avalon Jamieson, five, of Orillia.“She was only one day shy of her 6th birthday (Jan. 21) and anxiously awaiting her presents and rainbow cake she had asked for,” the online posts read.According to a post in the Facebook group, Avalon, along with her younger sister and father, were walking at the intersection of Colborne Street and West Street when two vehicles collided.“One vehicle careened into three pedestrians who were standing on the sidewalk.

23.01 / 15:01

UPS Provident FIVE Sustainability reports International USA’s DFC, Norfund, two others provide $1 billion to SAEL Industries

US International Development Finance Corporation or DFC, Norway government-owned Norfund and two other financiers have provided $1 billion in funding to waste-to-energy producer SAEL Industries, the company said in a release on Tuesday. Asian Development Bank and Tata Cleantech Capital are the other financiers. The company did not provide a break up of how much of the funding was in the form of debt and what component was an equity investment. ET had reported on 18 January that SAEL Industries was close to finalising a $1 billion funding.

23.01 / 14:43

COST Target Manufacturing CEO Align Sustainability Budget 2024 expectations: EV industry pins hopes on subsidy extension and GST reforms

FAME scheme in promoting widespread EV adoption. Sreyas acknowledged the government's dedication to the cause but pointed out a notable disparity in GST rates between EVs sold with fixed batteries (taxed at 5%) and lithium-ion batteries used for swapping (taxed at 18% when sold separately). Anticipating the budget, Sreyas expressed hope for GST parity for EV batteries used in swapping, aligning them with the 5% bracket to fortify the EV landscape.

23.01 / 14:43

markets Mobile Sustainability President reports travelers International Room for cut in fuel prices as oil companies boast higher margins: Icra

₹11 per litre for petrol, and ₹6 per litre for diesel compared to international product prices, said Girishkumar Kadam, senior vice president and group head of corporate ratings, Icra Ltd. Kadam also noted that marketing margins for petrol have seen a recovery in recent months following a significant drop in September. Diesel margins, which were negative until October, turned positive from November.

23.01 / 14:24

UPS Booking Sustainability Cummins Trade PACCAR beats quarterly profit, revenue estimates on demand for newer truck models

(Reuters) — PACCAR Inc (NASDAQ:PCAR) beat estimates for fourth-quarter profit and revenue estimates on Tuesday, on sustained demand for its fuel-efficient truck models.

23.01 / 09:05

Waves Assurant Sustainability film Actor paparazzi hospital Saif Ali Khan discharged from hospital followig tricep surgery

Saif Ali Khan has been successfully discharged from Mumbai's Kokilaben Dhirubhai Ambani Hospital after undergoing tricep surgery for an old injury sustained during an action sequence for his latest film. The 53-year-old actor, accompanied by his wife and fellow actor Kareena Kapoor, was spotted leaving the hospital in his car, waving at paparazzi stationed outside his house.

23.01 / 08:41

markets Target Sustainability trends Trade Experts recommendations week Stocks to buy this week: HDFC Bank, Cochin Shipyard, NMDC, Jindal Stainless among 9 technical picks; do you own any?

here As the market sentiment appears cautious, experts recommend buying technically and fundamentally sound stocks at the current juncture. Based on the recommendations of several experts, below are 9 stocks that one can consider buying for the next three to four weeks. Take a look: For the last two years or so, this stock has been rejected six times from the ₹1,725–1,750 zone and is currently placed near the ₹1,535 mark.

23.01 / 06:41

Citi economy Sustainability Trade Diversity track MSTC share price takes off: India's recycling champion soars 90% in a month

recycling industry in India is undergoing a notable shift, aligning with the nation's sustainability and renewable practices to lower its carbon footprint. As the country aspires to be the world's third-largest economy by 2030, recycling offers a path to balanced growth with significant environmental benefits. India produces about 55 million tonnes of Municipal Solid Waste (MSW) yearly, expected to rise to 125 million tonnes by 2031.

23.01 / 05:45

Provident Progressive Align Sustainability Election performer innovations Budget 2024: Will there be changes in tax slabs? Income tax reforms expected from FM Nirmala Sitharaman

Budget 2024and the potential reforms it may bring, particularly in the realm of income tax. The annual budget is a crucial policy document that outlines the government's fiscal plans for the year ahead. For taxpayers and businesses alike, understanding the potential changes in income tax regulations is of paramount importance.

23.01 / 05:03

markets UPS Target Reuters economy Sustainability reports BOJ keeps ultra-easy policy, signals conviction on hitting price goal

By Leika Kihara and Tetsushi Kajimoto

23.01 / 05:03

COST Target economy Sustainability Food trends Low BOJ keeps ultra-low rates, dovish stance unchanged; trims inflation outlook

Investing.com-- The Bank of Japan kept interest rates at historical lows on Tuesday and left its yield curve control policies unchanged, but slightly lowered its inflation outlook for fiscal 2024.

23.01 / 02:53

markets UPS Citi Sustainability Research trends China's residential foreclosures increase 43% in 2023

China rose 43% year-on-year in 2023, according to a private survey on Monday, highlighting a worrying trend of rising mortgage delinquencies amid a sustained property market slump and a patchy economic recovery. The number of foreclosed homes up for auction stood at 389,000 units last year, said China Index Academy, a major independent real estate research firm. A total of 99,000 units worth a combined 150 billion yuan ($20.84 billion) were successfully sold at auctions, the firm said.

23.01 / 01:43

markets IPO Provident Sustainability Healthcare Experts information Medi Assist IPO listing date today. GMP, experts signal positive debut of shares

Medi Assist IPO: The listing date of the initial public offering (IPO) of Modi Assist Healthcare Services Ltd has been fixed on 23rd January 2024 i.e. today. As per the information available on the official website of BSE, Medi Assist share price will be listed on BSE and NSE in a special pre-open session on 23rd January 2024.

23.01 / 00:47

markets UPS Target Align Sustainability trends Nifty on a strong base, to maintain bullish trend: Analysts

Nifty has established a strong base around 21,450 levels, and a sustained position above this level is likely to favour the bullish trends, according to analysts. Stocks, including Infosys, Persistent Systems, Torrent Pharma, Medanta, APL, NMDC, and Hindustan Petroleum have formation of long patterns on the charts.

23.01 / 00:47

COST UPS Provident Platform Sustainability Schools Gaming firms offer to pick up tax bill to keep players hooked

online gaming companies including Dream11, Mobile Premier League and Games24X7 are running personalised offers and schemes, in an effort to keep regular gamers and influencers hooked on the platforms amid an increase in tax liability. The goods and services tax rate on real money gaming has been increased to 28% effective October 1. The tax is applicable on the full face value, or the money that a user deposits to participate in a game.

23.01 / 00:41

markets Progressive Racing Sustainability Remark Microchip country U.S. Tightens Microchip Export to Sustain AI Leadership Over China

The recent remarks by U.S. Senator Mike Rounds at the World Economic Forum in Davos have shed light on a crucial aspect of the ongoing technology race between the United States and China. As the U.S. continues to enforce strict controls on the export of advanced AI chips to China, it highlights the tenuous balance of power in global AI supremacy.

22.01 / 22:09

markets Digital Sustainability Diversity track inclusion 2020 play Accelerator Plug and Play entering Canadian fintech market

TORONTO — Global startup accelerator Plug and Play is entering Canada’s fintech market with Visa Canada as a founding sponsor.

22.01 / 19:33

UPS Waters security Sustainability Food Experts country Water resource inadequacy is a challenge India must take head on

₹6,000 crore that aims to tackle India’s growing groundwater crisis. While this is a significant achievement, it still needs to be improved for the country to achieve water security. India can tap the climate-development nexus by conserving and using its water resources smartly, while proactively addressing climate change.

22.01 / 19:33

markets Extreme Action economy Sustainability country consequences reserves Raghuram Rajan calls upon EMs to build forex reserves

Emerging-market authorities must take action to protect their economies against spillovers from “populist and extreme" macroeconomic policies in the industrialized world, former Reserve Bank of India (RBI) governor Raghuram Rajan said in an interview about his new book. This means building buffers like foreign-exchange reserves. Edited excerpts: Monetary policy is a blunt tool, as many have recognized.

22.01 / 18:31

UPS CEO Sustainability wellness show country inclusion Getting down'n'desi in Davos

businesses took place at Davos. As has been the norm, India had strong representation, with multiple states putting up lounges to attract global investor attention. In fact, some lounges on the promenade gave one the impression of walking in Delhi on a chilly morning.

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