Sustainability Financial News

Appreciating Apollo’s graph below, comparing recent inflation to multiple bouts of inflation of the late 1960s, 70s, and early 80s is of utmost importance for investors.

One of the dullest themes in climate investing was nevertheless one of its most profitable last year.

Aditya Agarwala, Invest4edu, says: If markets have to sustain these levels, IT will have to chip in. So Infosys is a buy at current levels for a target of 1700 on the upside with a stop loss at 1610 on the downside. The second stock recommendation is MFSL. That too is looking decent for a short up-move, maybe a day trade or a two-day trade. So at current levels, I would initiate a buy for a target of 1,010 with a stop loss at 900 on the downside. Many of the index stocks have gone below 200 EMA moving average. It’s too late to short though. But at what levels would you start buying? Do you think the structure of the market has changed for some time or it’s just a crack? Aditya Agarwala: I believe markets are still making higher highs, higher lows.

Kishore Jayaraman, president, Rolls-Royce, India & South Asia, believes in approaching things mindfully – be it his diet, downtime on the greens or work-life balance. In conversation with ET Panache, Jayaraman talks about why he thinks of work-life balance as a balloon and how he’s trained his mind to stay calm when faced with setbacks.

Gopal Balachandran, CFO & CRO, ICICI Lombard, says “for CICI Lombard, the growth momentum in motor insurance has been quite positive and in fact, in December, we gained market share. The industry grew at about 8.8% in overall motor. Our growth in motor was almost about 10.8% and therefore when we look at heading into quarter four, I think we are very positive in terms of the opportunity that the segment presents and we have got all the right levers in terms of distribution service and technology which should aid us to kind of sustain the momentum that one is seeing in the context of motor.” The motor segment has seen quite a healthy growth and has largely been aided by strong private vehicle and two-wheeler sales. What is your outlook? Will this sustain? Gopal Balachandran: If you look at the market environment in the context of auto vehicle sales, across segments we have seen a lot of positive momentum getting played out, which is what we had put out even as a part of our analyst call that we had last evening. If you look at it on the private car side, for example, we have seen almost close to about three million vehicles getting sold. On two-wheelers, we have seen for the market almost close to about 13 million vehicles getting sold and on the commercial vehicle side, almost more than one million plus vehicles getting sold. So, in that sense, the market momentum seems to be very positive.

Infibeam Avenues has appointed Rajesh Kumar SA as the chief executive officer (CEO) of its artificial intelligence (AI) business, Phronetic.AI. As CEO, he will be spearheading the expansion and elevation of Phronetic.AI under the leadership of Vishal Mehta, chairman and managing director of AI-powered-Infibeam Avenues.

G20 summit held under the chairmanship of India in New Delhi amply demonstrated India’s growing stature in the world arena in terms of its role and influence in various global fora. The G20 was a meticulously planned year-long event culminating into the Summit in September 2023.

Business Today. “There is no such thinking to move towards de-dollarisation... The dollar will continue to be the dominant currency", Shaktikanta Das added.

₹3,397.32 crore to this sector, including a substantial boost to Khelo India with ₹1,045 crore. Punit Balan, Chairman & Managing Director of the Punit Balan Group, highlighted the government's commitment to fostering athletic talent.

ONDC), and currently has 10,000 auto-rickshaw drivers on board, contributing to convenient and sustainable transport, officials said. The Open Network for Digital Commerce (ONDC) is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry. "Delhi takes the next step towards bringing consumers, providers, and tech platforms together.

Artificial intelligence has evolved remarkably over the years, seamlessly integrating into our world. It has been reshaping the way we interact with technology. From voice-activated virtual assistants such as Siri and Alexa to personalized recommendations on streaming platforms, AI has become an indispensable part of our daily lives.

Delhi's Shahbad Dairy, a seven-year-old girl faced a horrifying attack by an American Bully dog while playing near her residence. The incident occurred around 5 pm on January 9, as the child was playing with other children near her house. The girl's father, who runs a coaching institute in Mukherjee Nagar, filed a police complaint, alleging that the American Bully dog, belonging to a neighbour, caused severe injuries to his daughter.

Martin Signoux, a public policy expert at Meta France, recently shared his perspectives on the future of AI models in a series of tweets. His insights, focusing on the developments expected in 2024, received considerable attention. Signoux's predictions cover a range of topics, from the emergence of Large Multimodal Models (LMMs) to the ongoing debate between open and proprietary AI models.

SIDBI ET MSME Conclave is now set to enter Punjab. The third session is scheduled to be held in Ludhiana on January 19. The conclave is a series of events being held across the country with the aim to bring together micro, small & medium enterprises (MSMEs), policymakers and ecosystem enablers. To register for the Ludhiana conclave, click here. The first two sessions were held in Indore and Bhubaneswar. Those events had a stellar turnout and were abuzz with participants discussing ideas and policies, and exploring networking opportunities.

Also Read: HDFC Bank share price cracks 7% after Q3 results; what should investors do? After a sharp rally in the markets with Nifty 50 scaling above 22,100 in the previous session, investors likely opted to take some profit out of the table, analysts said. Meanwhile, concerns over stretched valuations in the midcap and smallcap space also triggered selling. “Domestically, even though the economy is doing well and corporate earnings are good, all these positives are in the price and the valuations are elevated warranting a correction.

Given how excitable financial markets can get at any hint of a policy rate cut, it may seem cheaper credit is all there is to material progress. Monetary policy is a lot more complex than that, though, which is why economists constantly need to explain why over-cheap, free or negatively priced loans are not sustainable, even if they’re extended in crisis times.

geopolitics and artificial intelligence as more leaders from around the globe assembled at the snow-clad Swiss resort to discuss challenges and crises facing the world. On the second day, Ukraine President Volodymyr Zelenskyy and Chinese Premier Li Qiang stole the limelight, while Donald Trump was another talk of the town subject for his resounding victory in Iowa caucuses and the prospect of him returning to the White House.

BSE on Wednesday, January 17, a day after the company reported its December quarter results. HDFC Bank share price opened at ₹1,583.85 against its previous close of ₹1,678.95 and soon cracked 6.5 per cent to hit the level of ₹1,570. HDFC Bank on Tuesday reported a 33 per cent jump in its net profit at ₹16,372 crore in Q3 of FY24, as compared to ₹12,259 crore a year ago.

Day trading guide for today: Domestic equity benchmarks Sensex and Nifty 50 snapped their five-day winning streak in the previous session on profit booking in shares of select heavyweights, including Reliance Industries, Infosys, TCS and HCL Tech amid weak global cues. The domestic market spent most of the day in negative territory on January 16, but it experienced a brief upswing during the session, pushing the benchmarks to achieve new record highs. However, the indices erased all gains upon closing.

Realty major Lodha, listed as Macrotech Developers, expects its integrated smart township Palava City spread over nearly 5,000 acres near Mumbai to scale up and generate revenues worth $1 billion, or over Rs 8,000 crore per year, in the next few years, led by the development of residential and commercial properties including offices, a life sciences hub, warehousing & industrial spaces, said a top company official. The development at Palava City started in 2010, with phase 1 covering 300 acres that was sold out and delivered to nearly 20,000 families in 4-5 years. In 2014, the company started with phase 2 spanning 1,000 acres with over 75 million sq ft of developable area, of which over 20 million sq ft is complete.

A California court has dismissed a lawsuit from a group of fishermen against a conservation group that added New England lobster to its list of seafood to avoid