Sustainability Financial News

Nirmala Sitharaman on Saturday said the banking sector must continue to innovate and lead amid changing global landscape, and exuded confidence that the country's largest bank SBI will embrace technology, sustainability and inclusivity as its guiding principles. Speaking at the launch of Platinum Jubilee celebrations of Foundation Day of State Bank of India (SBI), the minister also said SBI has continuously evolved to meet the changing landscape and retained its position as a market leader despite regulatory tightening. «The world is changing rapidly, and the banking sector must continue to innovate and also to lead. I am confident that SBI will rise to the occasion embracing technology, sustainability and inclusivity as its guiding principles,» Sitharaman said. She said SBI is reinventing its personal distribution channels to align with evolving customer expectations.

FPIs) have continued their selling spree in Indian equities in March, with total equity outflows amounting to Rs 24,753 crore as of March 7, taking the total to Rs 137354 crore in CY25 so far. However, the pace of selling appears to have slowed down slightly in recent sessions, according to market experts.

WHO chief scientist and health ministry advisor Soumya Swaminathan has said. In an interview with PTI on the sidelines of TERI's World Sustainable Development Summit, she also stressed the urgent need for better tracking, preparedness and policy interventions as the country braces for another extreme summer. Asked if India was undercounting heat-related deaths, the former director general of the Indian Council of Medical Research (ICMR) said, «Most likely. We do not really have a good record of every death in the country and so we have to make some estimations. We have to do some sort of calculations or modelling based on what is happening.» But recently, there have been several scientific papers that have actually tracked what are called excess deaths, Swaminathan said.

The report highlighted that around Rs 45-50 lakh crore of this debt will be required for capital expenditure, while the remaining Rs 70-75 lakh crore will be used by NBFCs and for meeting working capital requirements. It said «Corporate India will need to raise approx. Rs 115-125 lakh crore of debt between fiscals 2026 and 2030 to meet private and public sector capex».

A powerful Indian parallel is Kiran Bedi, India’s first female IPS officer. When she joined the service in 1972, policing was seen as a man’s domain. Bedi not only broke that barrier but took on some of the most challenging roles, from controlling riots to reforming the notorious Tihar Jail. These trailblazers, along with pioneers like Captain Prem Mathur, India’s first woman commercial pilot, and Chhavi Rajawat, the first woman sarpanch with an MBA, remind us that breaking bias is not a one-time act. It is a continuous effort to build a future where equity is the norm, not the exception. While awareness around gender equity has grown, the journey is far from complete. Today, as workplaces evolve, the onus is on CEOs and CHROs to go beyond intent and actively craft environments where every woman can thrive. One way to drive lasting change is through structured accountability. Australia’s Workplace Gender Equality Agency (WGEA) is a strong example. By mandating gender pay gap reporting, WGEA has improved transparency and advanced workplace diversity. In 2024, it began publishing employer-specific pay gap data, holding companies directly accountable.

Bihar Minister Shrawon Kumar on Saturday took a dig at Rashtriya Janata Dal (RJD) leader and Bihar Assembly's Leader of Opposition Tejashwi Yadav over his promise to remove toddy from the Bihar Excise and Prohibition Act, saying that everyone in the state had resolved not to consume toddy when a ban was imposed on liquor. Speaking to the media, Kumar said that the Bihar government, through the Satat Jeevikoparjan Yojana, helped families sustain their livelihoods through the production and sale of toddy, integrating it into the mainstream of society. «When liquor was banned in Bihar, everyone took a resolution not to consume liquor, toddy or any kind of such substance. If you break your resolution for the votes of the people, then the people are watching you,» he said.

A gradual recovery in Nifty in the short term is anticipated, though the uptrend is likely to be slow with periods of consolidation, says Rupak De, Senior Technical Analyst at LKP Securities. On the upside, the index may climb toward 23,600, and a decisive breakout above this level could push it further toward 24,100, he said.

For generations, women in India have carried the weight of this country in silence. Without applause or acknowledgment. Without policies designed with them in mind. They have fed its workers, raised its citizens, sustained its villages, and powered its cities. And all the while, they have been told they do not count. Not in the ledgers. Not in the GDP. Not in the boardrooms or the balance sheets. Even today, we ask what might happen if women were finally allowed to do more than hold the world together quietly in the background. What if they were given the resources, the safety, and the opportunity to build not just homes but enterprises? Not just families but firms?

women there. The few of us who were present exchanged knowing glances. It was clear we had grown used to navigating spaces where we were outnumbered, underestimated, and often unheard. Today, that story is beginning to change. Across India and the world, women are no longer waiting for an invitation to the table. They are building their own, pulling up extra chairs, and creating space for others to join. They are not just participating in the tech revolution. They are leading it. Take Debjani Ghosh, the first woman to head NASSCOM, who is championing an inclusive future for India's $245 billion tech industry. Or Roshni Nadar Malhotra, Chairperson of HCLTech, the first woman to lead a listed IT company in India, who is steering the organization with a focus on long-term sustainability and social impact. Entrepreneurs like Suchi Mukherjee, founder of Limeroad, are designing innovative platforms that reflect the everyday needs of millions of Indian women.

Vinitaly India Roadshow comes weeks before over 4000 wine producers are scheduled to gather in Verona for the 57th edition of VinItaly 2025 between 6-9 April in Verona at a time when India-Italy relations are at their zenith. “Italy is the first wine producer in the world. But for Italy wine is much more than a beverage or an economic factor” noted the Ambassador of Italy to India Antonio Bartoli. “It is an integral part of the Italian culture. Hundreds of different types of wine testified to the authenticity and diversity of our territories. Wine is a driver of conviviality, togetherness, good-taste and quality. Values and traits that we share with India. We are happy to host this preview in Delhi, knowing how wine can further foster contacts and exchanges between our peoples and Countries” highlighted the Italian Head of Mission. The event which highlights the importance of “Made in Italy” comes at an opportune time, with Deputy Prime Minister of Italy Antonio Tajani, expected to lead a business delegation to New Delhi in early April.

Increasing the retirement age reduces total benefits. When full retirement age climbs to 69, for instance, everyone must wait longer for their benefits. Individuals opting for retirement at 62 will face a further reduction in benefits. Raising the full retirement age to 69 is expected to reduce the benefit amount for persons affected approximately by 13%. Who will this social security change impact the most? The most greatly affected would be workers aged 59 and below. Particularly, employees in physically demanding jobs, or lower-income people, which is the group that may struggle to extend their working lives, will be affected disproportionately. Most of these workers heavily rely on Social Security; hard times can be withdrawn should the payment of benefits be delayed. What are the alternative solutions to fix social security?The alternative measures,

electric vehicle revolution is not just about sleek designs and impressive range figures—it's about ensuring that battery systems remain safe, efficient, and long-lasting. This can be done by leveraging advanced machine learning (ML) and statistical models, built on real-world battery data, to predict state-of-health (SoH) and state-of-charge (SoC), deliver timely alerts, and optimize battery performance.

NLB Services said in a report. Currently, women comprise just a fourth of India's 2,20,000-strong chip design and engineering workforce, but this figure is expected to surpass 30 per cent by 2027, said NLB Services. Despite this, men continue to dominate key semiconductor roles, it added.

Subscribe to enjoy similar stories. Adani Wilmar Ltd (AWL) is doubling down on branded foods with its ₹600 crore acquisition of G.D. Foods Manufacturing (India) Pvt.

high-quality stocks at a discount, believing in their long-term potential. But what exactly makes certain stocks stand out during downturns? The answer lies in trust and fundamentals. Some investors rely on strong financials, visionary leadership, and robust management when selecting stocks. Others gravitate toward legacy brands that have consistently weathered market turbulence.

«What we have seen in the past is whenever there is a tariff or anything like that, the metal prices usually go up in the near term and that is actually positive for companies like Hindalco,» says Parthiv Jhonsa, Anand Rathi Institutional Equities. I want to first really talk about what is happening in the world. We have been speaking with the managements of Hindalco, Nalco, etc. The managements firmly believe that these tariffs will not really impact them. Do you think that is the same? Parthiv Jhonsa: We need to understand that over especially last two months, the entire metal has seen a lot of to-and-fros internationally. Yes, companies like Hindalco where Novelis has a huge presence in USA, something like these tariffs would actually not make a huge difference or a huge dent to them because they have a good presence in USA.

Cyclone Alfred, a category 2 storm in the Coral Sea, is likely to make landfall on Saturday morning (Australia time). Air New Zealand has announced that it has stopped operations in and out of Brisbane and Gold Coast in the face of the impending storm. While announcing the decision to suspend operations, Air New Zealand' chief operational integrity and safety officer Captain David Morgan stated that flights would resume only after the Australian authorities give the all clear and restore roads and rail connectivity to the affected airports. «Customers are advised not to travel to the airport and those impacted have been contacted directly with rebooking options. We also encourage customers to ensure their contact details are up to date in their booking, so we can reach them if needed. We understand some customers may no longer wish to travel to or from areas affected by the cyclone, so we are offering additional flexibility for affected customers. Customers ticketed to travel to or from Brisbane or the Gold Coast up to and including Sunday, 16 March, have the option to defer travel within seven days of their original booking or place the value of their ticket into credit,» Morgan was quoted as saying by New Zealand website RNZ.co.nz.

Scott Bessent, a seasoned Wall Street investor, was confirmed on January 28, 2025, as the 79th US Secretary of the Treasury, becoming the first openly gay cabinet member in a Republican administration. At 62, Bessent brings four decades of global investment experience to the role, having built strong ties with international financial leaders. His nomination secured bipartisan support in the Senate with a 68-29 vote. Republican Senator Mike Crapo praised Bessent’s commitment to economic growth, while Democratic Senator Ron Wyden expressed concerns about his alignment with President Donald Trump’s policies. «It is crucial to have a Treasury Secretary in place to navigate economic challenges, and I support his confirmation,» Wyden said. Despite reservations, several Senate Democrats backed Bessent, citing the need for stability in financial leadership.

Subscribe to enjoy similar stories. New Delhi: The rollback of pledges by a major economy can lead to missed global climate mitigation targets, but state- and municipal-level policies can still bear positive impacts, said Jim Skea, chairperson of the Intergovernmental Panel on Climate Change (IPCC). Skea said that withdrawing from an agreement may not mean the country will stop all climate change mitigation activities.

NCRTC) which is executing the Rs 30,000-crore Delhi-Meerut regional rapid transit system (RRTS) project has invited bids to engage a Project Management Unit (PMU) for property development along the Delhi-Ghaziabad-Meerut Namo Bharat corridor. This initiative aims to monetize land parcels, generate non-fare box revenue, and create commercial, residential, and service hubs around Namo Bharat stations. Namo Bharat Stations cater to thousands of commuters daily. The identified plots will be developed into retail spaces such as malls, Retail-Dining-Entertainment (RDE) hubs, integrated parking units with offices, rental housing, studio apartments, hospitals, and theme parks.