Sustainability Financial News

Maharashtra government will soon implement an «e-cabinet» system which seeks to reduce use of paper and replace traditional documentation with smart tablets at cabinet meetings.

Subscribe to enjoy similar stories. Justin Trudeau announced his resignation as the prime minister of Canada and leader of the Liberal Party on Monday. What next for Canada? And will the development bring a decisive shift in India-Canada relations? Mint explains: With Canada’s Parliament prorogued until March, the opposition’s effort to bring a no-confidence motion stands stalled.

Subscribe to enjoy similar stories. The latest tweaks to India’s National Pension System (NPS) improve an already excellent retirement saving scheme. The government could consider two additional improvements.

The Bank of Nova Scotia has signed an agreement to sell its operations in Colombia, Costa Rica and Panama as it looks to boost efficiencies and reorganize its Latin American businesses.

Subscribe to enjoy similar stories. New Delhi: The government is likely to announce a policy in the upcoming budget for greening the operations of micro, small and medium enterprises (MSME) and lowering their carbon emissions.

Nifty 50 index closed below the crucial 200-DEMA on Monday, technical indicators present a mixed outlook for the market. The Relative Strength Index (RSI) currently stands at 40.7 — trending downward and indicating bearish momentum. In contrast, the Stochastic RSI showed a bullish crossover, hinting at a potential short-term recovery. This divergence in indicators suggests caution, as the market lacks a clear directional bias. The Nifty faced strong selling pressure throughout the session, struggling to sustain above the immediate resistance level of 24,000. It closed below 23,700 and breached the 200-day Exponential Moving Average (EMA), signalling a bearish trend. If the index fails to hold above current levels, further corrections could lead to the next support levels at 23,270 and 23,000. However, a decisive breakout above 24,000 remains critical to revive bullish momentum, said Mandar Bhojane of Choice Broking.

The stock had been making higher highs and higher lows over the past few months on the daily timeframe, indicating sustained bullish momentum. Recently, it had consolidated near its immediate support zones and had shown a sharp upward move of nearly 10% in the last two weeks, suggesting renewed buying interest.

ArcelorMittal South Africa Ltd. will close its business that makes long-steel products, potentially affecting about 3,500 jobs.

quick commerce platforms are experiencing surging demand for health and fitness-focused products in the New Year propelled by a growing focus on fitness and personal wellbeing by consumers.

Beijing last year struggled to lift the economy out of a slump fuelled by a property market crisis, weak consumption and soaring government debt.

Nifty expected to touch 24,400-24,500 in the near future. This implies an upside of as much as 2% over Friday’s closing of around 24,000. The action will most likely be stock-specific, while analysts said the downside is a good time to accumulate large-cap stocks. DHARMESH SHAH HEAD OF TECHNICAL, ICICI SECURITIES

environmentally friendly practices. Microsoft has been at the forefront for a long time, having committed to becoming carbon-negative by 2030.

Jagdeep Singh, the CEO of Quantumscape, who has made a name for himself as the highest-paid employee in the world, with an annual income of Rs 17,500 crore. His remarkable success highlights the rising influence of Indian talent on the global stage.

Hyundai Motor India has transported 1,56,724 units using rail freight in 2024, accounting for 26 per cent of the domestic wholesale volume made last year, the company said on Friday. Through this initiative, the company achieved a reduction of 18,352 tonne of carbon-di-oxide emission in 2024, by efficient utilisation of the rail network. The company, in 2024, also achieved one hundred per cent dispatch of its vehicles to the North-East region through rail freight.

Subscribe to enjoy similar stories. The last few months of 2024 saw some turbulence in global equity markets due to various factors, leading to a correction in stocks. India’s share in global market capitalization has dipped to 4.2% in December from its August peak of 4.6%, as global equity markets faced turbulence, showed an analysis by Motilal Oswal Financial Services Ltd.

Subscribe to enjoy similar stories. The Indian auto industry's performance is widely tracked, with millions of vehicles including trucks, buses, cars, three-wheelers, scooters and bikes sold every year. India is the world’s second-largest manufacturer of two-wheelers, third-largest manufacturer of passenger cars, and largest manufacturer of three-wheelers.

Gill Organics company about two years ago. They developed a system that allows families to enjoy fresh, chemical-free vegetables without the burdens of full-scale farming. This setup offers convenience and reflects a commitment to prioritizing health and environmental sustainability. The produce includes spinach, cauliflower, potatoes, onions, spring onions, bottle gourds, and a variety of other vegetables.

PSU power financiers REC Ltd and PFC rallied 2.8% on Friday after domestic brokerage firm Emkay Global initiated coverage on the two stocks saying that the controlled upcycle in power capex and lending is here to stay, and both players provide the optimal path to ride it. PFC shares rallied 2.8% to Rs 472.40 on BSE while REC share price also rose 2.8% to Rs 533.55 on the stock exchange.

Rockefeller Foundation and Global Energy Alliance for People and Planet (GEAPP) have been playing the catalyst role in helping India and the Global South achieve their sustainable development goals.