Sustainability Financial News

Devendra Fadnavis said on Sunday. Speaking at a programme of the CII Young Indians, Fadnavis said efficient administration and effective implementation of decisions are accelerating development in Maharashtra. «India's economy is moving towards becoming a $5 trillion economy, in which Maharashtra will have a large share. A roadmap is ready for the state to become a $1 trillion economy by 2029,» he said. He said the speed of communication and infrastructure are crucial for economic development, and the Mumbai-Nagpur Samruddhi Expressway was built for that purpose. The chief minister said Nashik has potential for the development of industries and tourism. «Considering the manpower and climate here, there is a lot of scope for tourism and industrial development. The defence ecosystem is here due to Hindustan Aeronautics Ltd (HAL). Nashik will develop more rapidly due to the Samruddhi Expressway. The largest port in the country is now being built at Vadhavan in Palghar, and Nashik city will benefit from it, as a greenfield road will be built from Nashik to Vadhavan,» he said.

GJEPC) officials said. China's economic slowdown coupled with plunging marriage rates in the country created a chilling effect in the Chinese diamond market valued at around USD nine billion. Last year, China's diamond market generated about USD 5.7 billion in revenue, and is expected to grow to USD 7.2 billion by 2030, according to market analysts. The demand for diamonds has fallen by as much as 50 per cent in China, while wholesale diamond prices have fallen by about 40 per cent over the past two years, creating a major downturn in the global diamond industry especially that of India as it accounted for a third of India's cut and polished diamond exports.

Priyam’s footage provides an in-depth look at both the visionary homeowner and the architect responsible for this groundbreaking endeavor. According to the owner, this is the world’s first entirely cement-free stone residence, engineered with sustainability at its core and an extraordinary projected lifespan of over a thousand years. The foundation of this structure is a meticulous selection of stone materials, including gray granite and sandstone, which are seamlessly assembled using time-honored interlocking methods. No adhesives, no modern binding agents, and no mechanical blasting were involved—just raw stone, skilled craftsmanship, and architectural precision.

Subscribe to enjoy similar stories. On 21 March, ready-to-wear label Bodice returned to the runway (a big lawn) in Delhi with a standalone showcase for its spring-summer 2025 collection that blended India’s textile heritage with Japanese influences. At the heart of the collection was Bemberg by Asahi Kasei, a 100% regenerated cellulose fibre, cupro crafted from cotton linter.

Los Angeles Lakers down the stretch toward the postseason. And then almost nothing else went right for the Lakers during a 146-115 thrashing from the Chicago Bulls. «We've got to play better basketball than we did tonight, and what we did on our last road trip,» James said before the Lakers headed out on a four-game trip beginning in Orlando on Monday. James scored 17 points after missing the Lakers' previous seven games with a strained left groin, but the top scorer in NBA history looked rusty in certain moments — particularly late in the first quarter, when he threw a long sideline inbounds pass that curled out of bounds without ever getting close to one of his teammates. But James' return was just one part of a comprehensively poor effort by the Lakers, who took their second straight loss and hit the latest trough in their peaks-and-valleys season since acquiring Luka Doncic.

Policybazaar. The private sector insurer said in a report that the share of insurance policies for EV cars, which stood at a mere 0.50 per cent in FY23, has expanded to 14 per cent in March 2025, standing at 8.2 per cent Observing the evolving trends, Amit Chhabra, CBO of General Insurance at Policybazaar said, «The accelerating adoption of EV insurance signals India's shift toward sustainable mobility. With EV insurance share growing nearly 16-fold in just three years, consumers are not only adopting electric vehicles but also recognizing the need for tailored protection.»

The Shadowless Church. The moment its surreal images surfaced online, the internet went into a frenzy. A church that seemingly casts no shadow? The mystery surrounding it has sparked countless debates, conspiracy theories, and architectural admiration. Unlike anything ever seen before, the church’s ethereal glow, minimalist grandeur, and puzzling illusion have left both tourists and design experts awestruck. But what is the secret behind its ‘shadowless’ name? How does this mesmerizing structure defy the play of light and shade? Let’s unravel the magic behind one of China’s most astonishing architectural marvels.

Trump administration and federal judges over immigration policies, funding disputes, and enforcement of court orders are pushing the U.S. toward a constitutional crisis. Recent defiance of judicial rulings—such as proceeding with deportations despite a judge’s intervention—has intensified fears about the erosion of checks and balances. Legal scholars emphasize that ignoring court mandates undermines the judiciary’s role, creating a volatile standoff between the executive branch and the rule of law.

Jim O'Neill, Former Economist, Goldman Sachs, says for the rest of this decade, it is quite likely that US equity markets are going to underperform much of the rest of the world. A more positive way to put it is, the rest of the world which was very cheap, particularly Europe and to some degree China, is probably going to outperform the US and of course that has already been the case in the short two-and-a-half months of 2025 so far. While the period between now and April 2nd will probably see some near-term recovery of the dollar, O’Neill does not think that the combination of what the US is trying to do is at all good for the sustainability of the dollar and he thinks this time next year, the dollar will be a bit weaker against major currencies around the world. We are talking at a time when nobody knows what is coming. All we know is that American markets have reversed and there are fears of a genuine slowdown in the United States. Investors are moving out of the long dollar trade. What is the big headline of March 2025 for financial markets? Jim O'Neill: As I have discussed with you in December, you have to be very careful of a very strong consensus when some of the underlying factors are not so clear-cut and I was quite sceptical on the immediate euphoria of Trump being elected as this was going to further accentuate so-called American exceptionalism and the reality that we have seen over the first 60 to 70 days the US is not exceptional.

Subscribe to enjoy similar stories. Voltas Ltd expects strong demand in the upcoming summer season despite the high base of last year and expects to continue to outperform the industry. This was a key takeaway from the company’s recently held analyst day meeting.

DP World and Reliance Industries have partnered to launch an innovative logistics solution for the petrochemicals industry, shifting product transport from road to rail, significantly cutting carbon emissions. The Dubai-based logistics operator in a statement said the new solution connects Reliance Industries' Jamnagar plant in Gujarat to DP World's inland container depot (ICD) in Ahmedabad and onward to the port of Mundra. Previously, the Mundra-Jamnagar-Mundra round trip involved approximately 700km of road transport for each container, it added. «With the new solution, the Ahmedabad-Jamnagar-Mundra route, also approximately 700km, has been converted to rail,» the statement said, adding that this transition eliminates the environmental and operational challenges associated with long-distance road transport while maintaining the same coverage.

G Kishan Reddy said on Friday. The Union Coal and Mines Minister added in a post on X that leveraging advanced technologies and efficient mining practices, India has not only boosted production but also prioritized sustainable and responsible mining. He said this remarkable achievement is set to fuel economic growth, support the nation's power needs, and pave the way for a brighter, energy-secure future for all Indians.

global equities Stocks that were in focus include names like GRSE, which rose 4.5% and KEI Industries, which declined 12% and IndiGo, whose shares gained 2.2% on Thursday.

Manappuram Finance shares will be in focus on Friday after Bain Capital announced it has entered into definitive agreements to acquire joint control in the company through its affiliates, BC Asia Investments XXV Limited and BC Asia Investments XIV Limited, in partnership with existing promoters. As part of the deal, Bain Capital will invest Rs 4,385 crore to acquire an 18% stake on a fully diluted basis via preferential allotment of equity and warrants at Rs 236 per share—a 30% premium over the six-month average trading price.

Subscribe to enjoy similar stories. Afcons Infrastructure Ltd: Current market price: ₹470 | Buy range: ₹460–474 | Profit goal: ₹540 | Stop loss: ₹444| Timeframe: 2–3 months Gujarat Fluorochemicals Ltd: Current market price: ₹ 4,004.2 | Buy range: ₹3,960–4,040 | Profit goal: ₹4,850| Stop loss: ₹ 3,750| Timeframe: 2–3 months India’s benchmark index, Nifty 50, extended its winning streak to four consecutive sessions, reclaiming the 23,200 level on Thursay, 20 March.

Subscribe to enjoy similar stories. Businesses across the country have five months to adopt stricter norms to reduce their environmental impact, by crafting clear policies, setting sustainability goals, and adopting eco-friendly practices in daily operations. The Bureau of Indian Standards (BIS) has tightened standards for so-called environmental management systems (EMS), internal company systems to minimize impact and improve performance on the environmental front.

Hindustan Unilever (HUL) on Thursday said it is acquiring a 14.3% stake in Lucro Plastecycle, a recycled flexible plastics maker, as part of its sustainability goals and to scale up the use of recycled content in packaging. Lucro is a waste management, recycling and product manufacturing company, working to create a circular plastics economy and fits in line with the government's vision of a zero plastic waste future, HUL said. «This investment is a significant step in building the capabilities in recycling and developing the circular economy model for plastic, which is in line with our firm belief that what is good for India is good for HUL,» HUL CMD Rohit Jawa said.

Hero MotoCorp has approved an investment of up to Rs 525 crore in Euler Motors Private Limited, marking the company’s entry into the electric three-wheeler market. The investment will be made in one or more tranches and aims to provide Hero MotoCorp with a foothold in the growing electric vehicle sector, where electric three-wheelers are projected to account for 35% of total sales in the near future, the company said in an exchange filing on Thursday. «Our strategic investment in Euler is a bold step towards realizing our vision to 'Be the Future of Mobility.' This investment reinforces our commitment to accelerated growth through both organic and inorganic expansion, while highlighting the power of collaboration and adaptability in an ever-evolving market. As a global automotive leader, Hero MotoCorp is driven by sustainability, innovation, and customer-centric progress,» said Pawan Munjal, Executive Chairman of Hero MotoCorp.

The move represents a 13% reduction in the company’s global management headcount. A Morgan Stanley report estimates that Amazon’s reorganisation could result in the elimination of around 13,834 managerial roles, leading to significant cost efficiencies.

Indian rupee hit a near two-month high on Thursday, boosted by dollar sales by foreign banks and the culling of bearish wagers as seasonal inflows propped up the currency. The rupee touched a high of 86.2075, its best since January 24, marking a 1.2% appreciation over the past seven trading sessions. The currency was last quoted at 86.29, up 0.2% on the day.