Sustainability Financial News

Elara Securities raises target price of Reliance Industries post Q3 results; buy or sell? In early January 2024, the Supreme Court of India issued a judgement confirming that India's capital markets regulator, Securities and Exchange Board of India (SEBI), had completed its investigation of 22 of the 24 allegations against the Adani portfolio entities. SEBI will complete its investigation of the two remaining allegations, relating to Foreign Portfolio Investors (FPI), within the next three months.

Gemopai, an electric vehicle (EV) brand, has announced a cashback offer on all three of its popular models – Ryder, Astrid Lite, and Ryder Supermax as part of o the Big EV Sale. This offer from Monday January 22, 2024, gives customers savings of up to INR 12,000 when utilizing a specially curated Cashback Code, and an opportunity to shift to sustainable and eco-friendly transportation, the company said. Astrid Lite, Ryder Supermax, and Ryder were initially priced at INR 111,195, INR 79,999, and INR 70,850, respectively. After cashback, the revised prices are INR 99,195, INR 69,999, and INR 59,850, the company said in a media release.

Dennis Francis on Monday began a five-day visit to India to discuss with his Indian interlocutors various key issues including geopolitical tensions and New Delhi's engagement with the global body. «Delighted to arrive in New Delhi on an auspicious day when the country is celebrating its 'Second Diwali',» Francis posted on 'X' referring to the inauguration of the grand Ram temple in Ayodhya. «Looking forward to fruitful discussions over the next few days on Peace, Progress, Prosperity and Sustainability!» he said.

Marc Miller announced on Monday.Miller announced a slew of other curbs while speaking at the Liberal cabinet retreat, which he said would reduce the intake by 35 per cent over the next two years.The cap, he said, would be distributed provincially per capita, according to population.“In order to maintain a sustainable level of temporary residence in Canada, as well to ensure that there is no further growth in the number of international students in Canada for 2024, we are setting a national application intake cap for a period of two years for 2024. The cap is expected to result in approximately 364,000 approved study permits, a decrease of 35 per cent from 2023,” he said.He added that the cap will look different for each province.“In the spirit of fairness, we are also allocating the cap space by province based on population,” Miller added, saying that “some provinces will see much more significant reductions.”Miller said he has already had “productive discussions” with the governments of Ontario and British Columbia.Miller said the cap will not apply to students at graduate levels of studies, including master’s and doctoral students.

One Piece chapter 1105 release date has become a subject of curiosity especially after Egghead Island incident. In a good news for fans, One Piece chapter 1105 is all set to released on January 25.

Retik Finance (RETIK) sets itself apart by aiming for a sustainable rise rather than a momentary burst. Its approach involves a combination of practical applications, community involvement, and ambitious plans, sparking discussions about a potential $50 price by 2024. But is this ambition realistic or just wishful thinking? Let's examine Retik Finance's features closely and determine if it truly holds substantial value.

The benefits of monetary easing by the People’s Bank of China have already been priced in and “punchier” policies are needed to revive the country’s equities, according to the global wealth management arm of UBS Group AG.

Two major Wall Street firms are recommending investors start buying five-year US notes after they saw their worst rout since May last week.

Despite the gradual recovery in the last three weeks, the US Dollar Index faced difficulty breaking the resistance level around 103.4. The current outlook suggests that this resistance remains a focal point.

By Karthik B V

Budget as the current tariff structure has already proven successful and changing them could harm local manufacturing, a GTRI report said on Monday. The Global Trade Research Initiative (GTRI) said that maintaining the current rates would help balance industry growth and long-term development in India's growing smartphone market.

Catch all the Ayodhya Ram Mandir Inauguration Live UpdatesView

electric vehicles are set to redefine the future of transportation, promising a more sustainable and efficient era on the roads. The EV megatrend is in full force in India as well. As per media reports, electric vehicle sales in India surpassed over 1.5 million units in 2023, a historic feat.

tax incentives, production linked incentive schemes, and the mandatory provision of charging infrastructure, a top government official said on Monday. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said that the development and adoption of Electric Vehicles (EVs) play a pivotal role in India's transition to a low-carbon economy.

NAM Presidency Azerbaijan, has hailed India's role in creating and sustaining NAM and has lauded India's priorities for the Global South and G20.

Mean Girls" made an impressive debut, raking in $28 million in the first weekend. Projections for its second weekend indicate an expected gross of $11.7 million, pushing the cumulative domestic earnings to precisely $50 million within a span of 10 days. In its sixth weekend, 'Wonka' secured an additional $6.4 million, bringing its cumulative earnings to just shy of $190 million. The movie's sustained performance suggests a strong likelihood of surpassing the $200 million mark in domestic box office revenue. The consistent success of Wonka underscores its enduring popularity and strong viewer support.

This Is Us," the looming question of a potential Season 7, spinoff, or sequel movie has kept fans on the edge of their seats. As the series concluded its six-season run in 2022, the creator, Dan Fogelman, has offered glimpses into the prospects of extending the Pearson saga. Here's a comprehensive look at the latest updates and insights surrounding the future of «This Is Us.»

Oil India Limited (OIL) and Guwahati Municipal Corporation (GMC) inked a Memorandum of Understanding (MoU) to collaborate on the transformation of Municipal Solid Waste (MSW) into Compressed Biogas (CBG). The MoU was signed by Bhaskar Jyoti Phukan, MD, NRL representing OIL, and Megha Nidhi Dahal, Commissioner, GMC, representing the Guwahati Municipal Corporation in the presence of Dr. Ranjit Rath, CMD, OIL & Chairman, NRL; Pankaj Goswami, Director (Operations), OIL; and Ashok Das, Director (HR), OIL at the NRL Corporate Office, Guwahati. This collaboration signifies a shared commitment to environmental conservation, efficient waste management, and the generation of clean energy.

Medi Assist Healthcare IPO has been finalised and investors are awaiting the listing, which will be on January 23. Post the IPO allotment, the company's shares saw a bump in GMP in the grey market to Rs 29.

workforce. The country's low productivity levels, rather than low wages, pose a challenge. One solution to this challenge is to enable the gig workforce. The gig economy is multiplying as more people take temporary, flexible jobs through digital platforms. In India, there are currently around 7 million gig workers, and this number is expected to rise to 25 million by 2030, with a compound annual growth rate of almost 12%. Read our complete Budget 2024 coverage here This growth is transforming the labour market and altering the models of employees, employers, and employability. The government's policies and investments will be vital in shaping and accelerating this growth. Many countries worldwide are experiencing similar changes, but India has the opportunity to lead the way. The gig economy can provide first-time employment and skill development opportunities, serving as a gateway to future workforce productivity.

Indian Stock Market: The Nifty remain sideward throughout the session following a strong start. The index has moved back above the critical near-term moving average. In the short term, the index is likely to consolidate within the bands of 21500 and 21700.