Sustainability Financial News

Subscribe to enjoy similar stories. In a market environment where only 35% of portfolio management services (PMS) strategies have outperformed the broader indices, a disciplined approach on the part of PMS funds continues to deliver exceptional value for investors. Q2FY25 was a reset quarter for the market.

Check out the power bank here before purchasing:The Ambrane Solar 10K power bank comes with an interesting four-fold design. The design houses multiple solar panels for charging, and the power bank comes with a rugged design suitable for travellers and hikers.The build quality ensuresdiscourages any dents and scuffs. The rugged nature of the power bank is a good thing, but the plastic is not.

Kiren Rijiju on Tuesday hit out at Congress leader & LoP Rahul Gandhi after his party held a protest at the Parliament premises on Monday over the Admatter. Rijiju slammed Rahul Gandhi and took a jab at his foreign vacations. «Rahul Gandhi enjoys creating a tamasha and abusing the Prime Minister but other MPs have responsibilities towards the people who have elected them. All he has to do is create a tamasha here and then go abroad to enjoy his holidays,» the Union Minister posted on X. In another post, Rijiju posted a Rahul Gandhi's protest video outside the parliament and quoted that Congress leader doesn't care about people's problems because he has nothing to lose.

Investment Week reported earlier today (9 December), that the Ninety One UK Sustainable Equity fund was set to be merged with the Global Sustainable Equity fund, subject to a shareholder resolution, in the first half of next year. Hargreaves drops Ninety One UK Sustainable Equity fund from Wealth Shortlist as it seeks merger Subsequently, the firm confirmed to IW that the UK Smaller Companies fund will also be merging with the UK Special Situations portfolio in H1 2025. A spokesperson for Ninety One told Investment Week: «We regularly review our funds to ensure that they continue t...

biofuels using methanotrophic bacteria. This innovative approach represents a significant leap toward sustainable energy solutions and climate change mitigation. The research, co-authored by Prof. Debasish Das and Dr. Krishna Kalyani Sahoo, Department of Biosciences and Bioengineering, IIT Guwahati, has been published in Fuel, a leading journal by Elsevier. The study addresses two pressing global challenges: the harmful environmental impact of greenhouse gases and the depletion of fossil fuel reserves.

Jitin Prasada said on Monday. “Despite being the largest connected nation globally, our presence in the critical global public forums where global standards and technologies for the Internet are determined — it is notably underrepresented,” the minister said. “It is a priority of our government to address this imbalance and ensure that our nation's perspectives contribute significantly to shaping the global discourse on internet governance.”

production linked incentive (PLI) schemes have led to investments of over Rs 1.25 lakh crore, Prime Minister Narendra Modi said Monday. Speaking at the Rising Rajasthan Global Investment Summit 2024, he said the role of PLI scheme in increasing manufacturing in India is also increasing. «There is a lot of enthusiasm in Electronics, Specialty Steel, Automobiles and auto components, Solar, and Pharmaceuticals,» PM Modi said. «Investment of about Rs 1.25 lakh crore has been made in due to PLI scheme. Products worth about Rs 11 lakh crore have been manufactured and exports have increased by Rs 4 lakh crore,» he said.

Joseph Hill, senior investment analyst at HL, said it had been informed by Ninety One that it had conducted a strategic review of its fund range, and as a result, was intending to merge the UK fund into the global strategy. EdenTree and Ninety One set to adopt SDR 'Sustainability Impact' label «This reflects a reduction in the number of UK equity funds the business will run, from five to three and means the UK Sustainable Equity fund will no longer exist in its current form,» Hill said. The merger is still subject to shareholder resolution, but HL has taken the decision to remove t...

Trident Group plans to invest Rs 3,000 crore in Madhya Pradesh to expand its operations in the state resulting in 3,000 new jobs, its Chairman Rajinder Gupta said on Monday. The Ludhiana-based vertically integrated textiles firm currently has operations involving sourcing cotton to produce finished goods in the state, it said in a regulatory filing. «We ventured into Madhya Pradesh a few years ago and invested Rs 5,000 crore. Today, our finished products from Madhya Pradesh are exported to 122 countries, with demand continually rising,» Gupta said while speaking at the Madhya Pradesh Regional Industry Conclave. Looking ahead, Gupta said the group «plans to invest an additional Rs 3,000 crore in the state's textile sector which will expand employment opportunities here at Trident Group from the current 12,000 to over 15,000».

With global warming, dwindling biodiversity and rising pollution threatening posterity and widening economic disparities, campaigns such as Race to Zero and the United Nations’ Sustainable Development Goals matter more than ever. Investors these days are conscious about where their money goes, and environment, social and governance (ESG) has evolved as a framework to back businesses that take the conscientious route to profits. ESG funds have found favour among investors globally because they help meet responsible-investing goals while entrusting the arduous stock-selection process to fund managers.

Archaeological Survey of India (ASI) is likely to start repair work for the 'Ratna Bhandar' of the Jagannath temple in Odisha's Puri from December 16, an official said. The ASI has sought approval from the Niti sub-committee of the temple for the proposed repair work, ASI superintendent D B Garnaik said on Sunday. «After getting the time slot, we will start the work, most probably from December 16,» he said. Earlier, the ASI had conducted the GPR-GPS survey of the 12th-century shrine's 'Ratna Bhandar' (treasury) with the assistance of the Hyderabad-based National Geophysical Research Institute.

central banks globally expected to ease monetary policies in 2025, growth stocks, particularly in sectors like technology, healthcare, and renewable energy, are expected to see significant gains,” says Subhash Chand Aggarwal, Chairman & Managing Director, SMC Global Securities Ltd, said. In an interview with ETMarkets, Aggarwal said: “A diversified portfolio that includes both growth and value stocks can help mitigate risks and capitalize on opportunities in 2025,” Edited excerpts:

President-elect Donald Trump has promised to impose new tariffs on China. Many countries, including the United States, already levy extra tariffs on China's electric vehicles. But with all of the advantages China wields in automaking, this pushback is unlikely to undercut China's dominance. China's home market for car sales is the world's largest — almost as big as the U.S. and European markets combined.

extreme heat as climate change pushes temperatures up, a report found on Sunday, a problem multinational retailers and brands will have to help address. New European Union regulations make retailers selling in the bloc, like Inditex, H&M and Nike, legally liable for conditions at their suppliers, putting pressure on them to help fund improvements to cool factories they source from. In Dhaka, Hanoi, Ho Chi Minh City, Phnom Penh and Karachi, the number of days with «wet-bulb» temperatures — a measurement that accounts for air temperature as well as humidity — above 30.5 degrees Celsius jumped by 42% in 2020-2024 compared to 2005-2009, researchers at Cornell University's Global Labor Institute found.

Our cover story explores the unique hurdles and opportunities that arise at different stages of planning for life after work. Whether you’re just starting to think about retirement, actively building your nest egg, or already enjoying its rewards, this issue is packed with insights, strategies, and inspiration to help you achieve the financial freedom you deserve.

Technical indicators point to a bullish trend as the Nifty breaks out of a five-week consolidation, paving the way for an extended rally toward 25,200 in coming weeks, according to analysts. Stocks like Reliance, SBI, Infosys, L&T, Axis Bank, PFC, Titan, National Aluminium, Natco Pharma, MCX, CDSL, BSE, and Indian Hotels are poised for short-term upside, they added.

Barclays just promoted 66 new managing directors (MDs) in its corporate and investment bank (CIB). We have the list (before everyone else) below. 

fiscal deficit target of 4.9 per cent of GDP for 2024-25 and 4.5 per cent for 2025-26, cautioning that «overly aggressive targets» beyond these could adversely affect India's economic growth. «India has been growing rapidly amidst a slowing global economy. Prudent fiscal management for macroeconomic stability has been pivotal to this growth,» said Chandrajit Banerjee, Director General, CII, elaborating on suggestions for the forthcoming Union Budget. CII also highlighted the announcement in the Union Budget 2024-25 to keep the fiscal deficit at levels that help reduce the debt-to-GDP ratio. In preparation for this, the forthcoming budget could lay out a glide path to bring the central government's debt to below 50 per cent of GDP in the medium term (by 2030-31), and below 40 per cent of GDP in the long term, CII has suggested.

The initiative is expected to create jobs, boost revenue and serve as a learning hub for technical expertise, he said. Sogarwal said that the model has been presented by him in Vishakhapatnam and Delhi and it will be showcased by the Ministry of Environment at the National Chief Secretaries' Conference in Delhi from December 13 to 15.

Mamata Banerjee's reported statement «willing to lead INDIA bloc», BJP leader Locket Chatterjee said on Saturday that the Congress' existence is diminishing politically so CM Mamata wants to become the face of the opposition. Speaking to ANI, Chatterjee said that nothing that Mamata Banerjee says can be trusted. «Everyone in India Block was united to defeat BJP but Congress is not there in the results of Haryana, Maharashtra and Jharkhand… Congress's existence is diminishing politically, so Mamata Banerjee wants to become the face of the Leader of the Opposition… However, nothing she (Mamata Banerjee) says can be trusted,» the BJP leader said.

The BJP alleged on Thursday that the US deep state colluded with the media portal OCCRP (Organised Crime and Corruption Reporting Project) and Congress leader Rahul Gandhi to «damage» India's image. The BJP had cited Gandhi's use of reports by OCCRP to attack the Adani Group and to accuse it of having closeness with the government.