Sustainability Financial News

Subscribe to enjoy similar stories. A few weeks ago, I read a headline in The Guardian: “Is Netflix deliberately dumbing down TV so people can watch while scrolling?" I had to read the rest of the article, even though I knew that if a newspaper asks a question in the headline, it means it doesn’t know the answer—otherwise, the answer would be the headline. Also, theories about the complex manipulation of human behaviour by a company are usually exaggerations.

Subscribe to enjoy similar stories. Building a retirement portfolio can be simple. Spending it down is tricky.

NLC India Ltd (NLCIL) on Saturday said it has bagged a contract from SJVN Ltd to develop and operate a 200 MW wind power project. The project was secured through an e-reverse auction at a tariff of Rs 3.74 per kWh. «The project is set to generate 526 MU of clean green power each year offsetting an equivalent amount of greenhouse gas emissions,» a company statement said. The company has a target to achieve 10 GW renewable energy capacity by 2030.

In an address at a think-tank ahead of the talks, the European Commission chief said proposed security and defence partnership will help the two sides to tackle common threats such as cross-border terrorism and attacks on critical infrastructure. Security should be a core part of our new strategic partnership with India, she said.

Ikea as it continues to expand its footprint in the country. Despite a global downturn in the home furnishings sector, Ikea saw robust growth in India, with revenues surpassing 45 billion euros in FY24, demonstrating resilience amid subdued consumer demand. «Affordability is a key focus for us. In the last two years, Ikea India has lowered prices up to 16-39% in line with its global commitment and investment to pass on the benefit to the customers. This was a global move by Ikea to stay true to its affordability promise,'' Susanne Pulverer, CEO & chief sustainability officer, Ikea India told TOI in an interview. In FY24, Ikea substantially lowered prices across 63 markets to push sales in a shrinking home furnishing market. (Ikea financial year runs from Sept 1 to Aug 31). Of the 7,000 products sold at Ikea, nearly 1,000 are priced under Rs 200, ensuring that even those with tighter budgets can find something to purchase, she added. „We have nearly 300 million visitations (online and offline). And 30% business comes from online and it is also our fastest growing channel,'' she added

Tata Consultancy Services (TCS), State Bank of India (SBI), and Tata Motors among the ten Nifty 50 stocks hitting fresh 52-week lows as a broad-based sell-off rattled investors. A sharp decline in IT and financial stocks, coupled with renewed global trade war concerns and sustained foreign investor outflows, dragged the benchmark indices down by over 1%. The Nifty 50 tumbled 1.2% to 22,271.40, while the BSE Sensex sank over 1,000 points, or 1.34%, to 73,602 in early trade.

Subscribe to enjoy similar stories. It is most welcome that external affairs minister S Jaishankar has said that India and Japan are well-positioned to support Africa’s sustainable development, even as the US government has frozen the funds its aid agency, USAID, used to disburse, including for anti-retroviral drugs that prevent patients infected by the HIV virus from developing full-blown AIDS, demining operations and immunisation.

“Small and midcaps have been hit hard—Nifty Smallcap 100 is down 21%, valuations remain above long-term averages, and earnings disappointments have led to downgrades,” says Rajkumar Singhal, CEO, Quest Investment Advisors. In an interview with ETMarkets, Singhal said: “With earnings likely to recover in CY25, the pain in small and midcaps may ease. A selective bottom-up approach is key—focus on quality businesses with strong balance sheets and sustainable growth,” Edited excerpts: Thanks for taking the time. February was highly volatile amid trade war fears and FII selling. What are your views?

Subscribe to enjoy similar stories. On Thursday, the market started on a positive note with a gap-up opening, but this optimism was short-lived as selling pressure took control. Nifty struggled to sustain its gains, with every attempt at recovery being met with aggressive selling, signaling bearish dominance.

Subscribe to enjoy similar stories. On 27 February, global cues dictated the trends in the market. Indian equity indices, the Sensex and Nifty, concluded the trading day with minimal changes, as their movements were relatively flat throughout the day.

Subscribe to enjoy similar stories. Nifty 50, India’s benchmark index, ended flat on Thursday, 27 February, in a lacklustre session amid volatility. After opening at 22,568.95, the index traded within a narrow range of 22,500–22,613 before closing flat on the monthly F&O expiry day, forming another Doji candle on the daily chart.

Tata Sons and Infosys on Thursday visited Bengaluru-based space startup Pixxel and explored its work in hyperspectral imaging and its role in shaping the future of Earth observation.

Kolkata Municipal Corporation Sustainability, Hygiene, and Resilience (Sector) Project, will improve the living conditions and health outcomes, particularly for vulnerable groups including women and children, ADB said in a statement.

Wipro will be in focus on Thursday after the company announced that it will invest USD 200 million (approximately Rs 1,740 crore) into its subsidiary, Wipro Ventures, to boost funding for startups in the technology innovation space. This marks the fourth funding round for Wipro Ventures since its inception a decade ago, aimed at accelerating investments in early to mid-stage startups, according to a company statement.

Subscribe to enjoy similar stories. India’s stock markets witnessed a mixed ride on 25 February, the previous trading session before today. The S&P BSE Sensex managed to break its five-day losing streak, closing 147.71 points, or 0.20%, higher at 74,602.12 points.

Reserve Bank of India's (RBI) move on Tuesday to lower risk weights for bank lending to these entities. Analysts are however sceptical about any share price rebound sustaining as lenders may not be in a hurry to push up loan disbursals in the wake of tight liquidity conditions, continued stress in existing loans and moderating consumer incomes. «There could be a slight rally in NBFC stocks thanks to the central bank's decision but a runaway rally may not happen because the overall impact will be seen only in FY26,» said Prashanth Tapse, senior VP of research at Mehta Equities.

Khadi and Village Industries Commission (KVIC) Act, aiming to make Khadi products more marketable, connect with the youth and promote exports of desi clothing.

The Caisse de dépôt et placement du Québec posted a weighted average return of 9.4 per cent last year, which was below its benchmark portfolio’s 11.8 per cent return, with net assets rising to $473 billion.

critical minerals from processing waste requires a multipronged strategy with policy reforms in India, according to a report. Technological development, capacity building and supply chain integration are also needed for the recovery of these minerals from waste, according to a recent Ficci-Deloitte report.

ferrihydrite — could be the reason for the planet's color, the study published in the journal Nature Communications suggested.