Sustainability Financial News

In 2025, Chaitra Navratri will commence on Sunday, March 30, and conclude on Monday, April 7. This year, it coincides with other major festivals like Ugadi and Gudi Padwa, which mark the beginning of the Hindu lunisolar New Year and are celebrated with great enthusiasm across different regions of India.

Freestyle Wrestling competition at the 2025 Senior Asian Wrestling Championship. According to a release from the Wrestling Federation of India (WFI), in the 57kg category, Chirag, the 2024 U23 World Champion, faced an early exit after losing his first match to a Kyrgyz wrestler. His hopes of a repechage round were dashed when the Kyrgyz wrestler lost to a Mongolian opponent, eliminating Chirag's chances of a medal. In the 65kg category, Sujit started strong by winning his opening bout, keeping India's medal hopes alive. However, he lost to a Japanese wrestler in the next round and sustained an injury, forcing him to withdraw from the competition. Among other participants, Vishal Kaliraman (70kg), Chandermohan (79kg), and Jonty (97kg) also faced defeats in their respective bouts, ending their medal hopes. Looking ahead, five weight categories remain in the Freestyle Wrestling competition, with Udit (61kg) and Deepak Punia (92kg) expected to be strong medal contenders tomorrow.

Barak Valley Branch of the Tea Association of India (TAI) said that the issue of absenteeism and migration poses a serious challenge to tea estates, with unauthorized absenteeism rates exceeding 50% in some cases. Addressing at the association’s 50th Annual General Meeting (AGM) held at Cachar Club, Silchar he said this persistent trend disrupts operations, creates manpower shortages, and forces estates to resort to costly alternative sourcing methods to maintain their daily functions. “Such challenges come at a time when financial constraints are already straining estate resources. The additional expenditure required to manage this manpower deficit exacerbates the stress on estate exchequers, creating a compounded financial burden.

Commission for Air Quality Management (CAQM) has revoked the Graded Response Action Plan (GRAP) Stage-I in Delhi-NCR after the national capital's Air Quality Index was recorded at 153 (moderate category) on Saturday. As of now, Stage I of GRAP is in force vide the order dated March 24, 2025. The CAQM mentioned that the AQI of the national capital showed significant improvement due to strong surface winds and improved meteorological conditions prevailing in Delhi-NCR. «The AQI of Delhi has been recorded as 153 for March 29 (in the 'Moderate' category). Further, the forecast by IMD/IITM also predicts AQI will mainly remain in the 'Moderate' category in coming days,» the CAQM said in a release. «The Sub-Committee, accordingly, decides to revoke its order dated March 24, 2025, invoking actions under Stage-I ('Poor' Air Quality) of the extant GRAP in the entire NCR, with immediate effect,» it said.

Foreign Institutional Investors (FIIs) were net sellers in FY2025, offloading domestic equities worth Rs 1,27,401 crore. The intensity of selling, reduced significantly in March which saw a sell-off worth Rs 3972.61 crore. Domestic Institutional Investors (DIIs), on the other hand, remained buyers throughout the year and purchased stocks worth Rs 6,06,368 crore. In March, the buying activity amounted to Rs 37,079.08 crore. On Friday, FIIs sold shares worth Rs 4,352.82 crore while domestic institutional investors (DIIs) were net buyers at Rs 7,646.49 crore.

The benchmark BSE Sensex declined 191.51 points or 0.25% to close at 77,415, while the broader Nifty 50 index closed at 23,519, lower by 72.60 points or 0.31%.

«Climate change is staring at each of us and environmental consciousness and responsible actions by people and businesses can help both the ecology and the economy,» they said at the 'Sasmrti — The Responsible Luxury Roundtable' in New Delhi. The deliberations were organised by Shweta Thakur Nanda, and Gautam Gupta, co-owner of luxury fashion brand 'Asha Gautam'. Speaking at the function, Blossom Kochhar, Chairperson, Blossom Kochhar Group of Companies, said that the industry must act and live sustainably not just for «ourselves but for our future generations». Sharing similar views, Lipika Sud, Founder Director of LIpika Sud Interiors, said that the true impact will come from collaboration of businesses, designers, policymakers, and consumers towards sustainable practices.

SDA Bocconi Asia Center’s Leadership Summit 2025 united global leaders to discuss leadership in times of Geopolical uncertainity. As an extension of SDA Bocconi School of Management, Italy, the Asia Center continues to foster global thought leadership and drive impactful discussions in the ever-evolving business landscape. Amid global uncertainties, the Leadership Summit 2025focused on building resilient organisations through innovation and sustainable growth.

The crash happened before a crowd of spectators who were attending the first public day of the event. The pilot was the sole occupant of the small aircraft.

Adani Cement has made several changes to its top leadership to reflect its growth plans, the company said on Friday. Current chief executive officer, Ajay Kapur, has been elevated to the level of managing director for a period of two years, while Vinod Bahety, who is currently serving as the chief financial officer of the business, will be the chief executive officer and wholetime director for three years with effect from April 1. “In alignment with Adani Group’s internal leadership transitions and planning to continue fostering sustainable growth and an evolving leadership development consistent with the broader group and Company objectives, a leadership transition is proposed,” the company said in an exchange filing on Friday.

Subscribe to enjoy similar stories. On the banks of the Kabini, about 250km southeast of Bengaluru, between Nagarahole Tiger Reserve and Bandipur National Park, the landscape is a mix of grassy shore, shrubbery and swathes of dense forest.

In terms of data centre construction cost, India recorded one of the highest increases in the Asia Pacific (APAC) region, rising by 5% in 2024 due to increasing land prices, power infrastructure demand, and high-spec, AI-ready facilities, said the real estate services firm. Despite this, the country remains a competitive investment destination compared with mature markets like Japan and Australia, it said.

Subscribe to enjoy similar stories. India’s real estate boom has fuelled record sales and soaring margins for DLF, the country’s largest property developer after Macrotech Developers. Now, the company is setting its sights on an ambitious goal—zero debt, luxury market dominance, and ₹1 trillion in new bookings over the next five years.

The company operates in two primary segments: Infrastructure and the Construction of Commercial Projects. Within the Infrastructure segment, its focus includes the construction of roads, bridges, flyovers, water supply systems, irrigation projects, and other related infrastructure developments.

tourist submarine sank off the Egyptian Red Sea resort town of Hurghada on Thursday morning, killing six Russian nationals, including two children. The vessel was carrying 45 Russian tourists on an underwater coral reef tour when it submerged and failed to resurface. Egypt’s Red Sea governorate confirmed the death toll in a Facebook post, stating that all those killed were Russian. The Russian consul in Hurghada told RIA Novosti that 38 Russians were rescued, while 14 were hospitalised. The governorate added that no one else was missing.

Reserve Bank of India (RBI) is expected to announce another rate cut in April, and its impact on bank fixed deposit (FD) rates remains a key question. Ashok Vaswani, Managing Director and CEO of Kotak Mahindra Bank, in a interview to ToI said he believes that while the previous 25-basis-point cut has not yet led to lower deposit rates, a total reduction of 50-75 basis points could start influencing term deposit pricing. He expects significant movement in the banking sector over the next 6-12 months. Deposits remain a critical focus for banks, with last year witnessing a competitive battle for attracting funds. Vaswani acknowledges that securing deposits is not just about volume but also pricing. To sustain growth, Kotak Mahindra Bank is leaning on product innovation, customer-centric offerings, and its digital platform, 811. However, liquidity constraints persist, making it too soon to determine whether conditions will improve. The bank continues to monitor macroeconomic trends closely. Also Read: Billionaire Uday Kotak’s private bank adds thousands of clients

Hitachi Cash Management Services, a subsidiary of Hitachi Payment Services has announced a leadership transition with Yusuf Pachmariwala set to take over as Managing Director & Chief Executive Officer, effective April 1, 2025. Pachmariwala will succeed Anup Neogi, who has decided to retire from the role of Managing Director & Chief Executive Officer of Hitachi Cash Management Services. Yusuf Pachmariwala currently holds the position of Director Operations — Cash Business at Hitachi Payment Services and has played a crucial role in scaling cash business operations at Hitachi Payment Services.

«Especially talking about Nifty over here, still the support level definitely remains intact at 23,400 levels. Given those levels are holding out, the rally is here to stay on the higher side, having crossed 23,800 will be seen further buying action coming in over here,» says Dhwani Patel, Founder, Finversify. Give us a sense of the kind of levels that you are predicting for Nifty and Nifty Bank, rather the benchmarks heading into next week because it is expiry date today, last Thursday of the month and also of the financial year 2025. So, we are expecting volatility. You have Nifty rejig happening, lots is happening and of course, but amid a market like this we are still holding on in a pretty stable fashion. Do you attribute all of this to only FII inflows or do you believe that there are deeper fundamentals that are proving to be tailwinds for our markets and is this uptick that we have seen today after two days of profit booking sustainable going ahead? Dhwani Patel: Definitely, yes, we have been seeing that in the past two sessions we have seen a certain profit taking coming in over here on the index as well.

Subscribe to enjoy similar stories. India’s cement sector is laying a solid foundation for growth, with stocks surging after a research report pointed to a sustained earnings upcycle. UltraTech Cement, the country’s largest producer, has been at the forefront of this rally, continuing its trend of outperformance.