Sustainability Financial News

California is partnering with a major airline trade group to increase the availability of sustainable aviation fuels in the state

Titanic", is set to take on a role that could very well define his career: portraying the legendary Marlon Brando of The Godfather fame in the upcoming biopic "Waltzing With Brando." As Billy Zane's looks from the film come online, netizens cannot help but marvel at Zane's transformation into Brando, with many noting how strikingly he resembles the iconic actor. Many netizens just by seeing the first few pics have suggested that the film could win an Oscars. This film delves into a significant chapter of Brando's life, particularly focusing on his ambitious project of establishing an ecologically sustainable retreat on the remote Tahitian island of Tetiaroa. The film is scheduled to make its world premiere at the Torino Film Festival in Italy, running from November 22-30, and will serve as the festival's closing film.

property market, has scaled a new peak by recording the best October performance in terms of registration of real estate deals and revenue collection through stamp duty charges. The festive period, beginning with Navratri followed by Diwali, are considered auspicious for property purchases, and has played a key role in this rise in registrations apart from the ongoing positive momentum in deal activity. The country’s commercial capital has registered 12,915 property transactions during the month, up 22% from a year ago, while the exchequer has fetched 44% higher revenue worth Rs 1,201 crore through stamp duty collections, showed data from inspector general of registration, Maharashtra.

B R Naidu, recently appointed chairman of the Tirumala Tirupati Devasthanams (TTD) Board, announced his intention to establish a Hindu-only workforce at Tirumala, the sacred temple of Lord Venkateswara. «Everyone who works at Tirumala should be Hindu,» Naidu said in a statement on Thursday. «That would be my first effort. There are many issues in this. We have to look into that,» he continued, emphasizing the importance of maintaining the religious integrity of Tirumala’s operations. Naidu plans to consult with the Andhra Pradesh government to determine the next steps, which could involve reassigning non-Hindu employees to other government roles or offering them a Voluntary Retirement Scheme (VRS).

The firm did not explain the reason for the closure but noted its multi-asset capability «remains strong». Additionally, the asset manager closed three share classes across two different strategies. For the UK Sustainable Equity fund, two share classes were closed at the end of September. Eight share classes for the strategy remain available and issued. Similarly, Ninety One shut down one share class for the Global Strategic Equity fund, with five remaining share classes available and in issue. Action underway to address performance on over 30% of Ninety One funds A spokesper...

Sanju Samson, Yashasvi Jaiswal, Riyan Parag, and Sandeep Sharma are likely to be retained by the Rajasthan Royals (RR) ahead of the Indian Premier League (IPL) 2025 mega auction, according to ESPNcricinfo. With these retentions, the 2008 champions would still hold two Right-to-Match (RTM) card options for the auction. All four players had standout performances in the previous season. Rajasthan skipper Samson led with 531 runs across 16 matches, averaging 48.27 with a strike rate of 153.47, including three half-centuries and a top score of 82*.

Virat Kohli is no stranger to the Indian Premier League, often reminding fans of Royal Challengers Bangalore (RCB)- because the beloved cricketer has been associated with the IPL team since its inception in 2008. Coincidentally, it was the same year that Kohli was selected to represent India in the Under-19 Cricket World Cup as Captain. It was also the year that forged an unbreakable bond between Kohli and RCB, as the cricketer continues to stay associated with the IPL franchise to this day. Leading India’s resounding win in the Under 19 World Cup of 2008, the then newbie Kohli would go on to recount his selection by the RCB as an ‘impactful moment’ for his career. RCB had prized Kohli’s skills for no less than USD 30,000 back then, according to one report.

Ben Stokes, England Test captain, has said his house was burgled this month while he his wife and two children were present and he was in Pakistan for the tour. Stokes was playing in the second Test at Multan when the burglary took place. Ben Stokes revealed that a group of masked men burgled his house and thankfully his wife, Clare, and his kids, Layton and Libby sustained no harm. The harrowing experience of home invasion occurred earlier this month on 17 October. Stokes said the “experience has had an impact on their emotional and mental state”. During the crime, some of Stokes’ most valuable belongings were stolen, for which he has posted an 'appeal for help' to the public and cops, hoping to retrieve some of the items he holds closest.

Subscribe to enjoy similar stories. KKR and Energy Capital Partners have agreed to invest a combined $50 billion in data-center and power-generation projects to support the development of artificial intelligence. The investment is a bet on AI’s huge energy needs and the mounting stress it is putting on the U.S.

BLive EZY on Wednesday said it has deployed 1,000 units of premium EVs to cater to the festive demand in the quick commerce segment. As the festive season drives a surge in online shopping, India's quick commerce market is set for exponential growth, Blive EZY said. Moreover, during peak times, consumers expect their orders in as little as 10-15 minutes, making ultra-fast delivery essential, it added. «With festive demand for quick commerce deliveries at an all-time high, BLive EZY has deployed 1,000 premium electric vehicles (EVs) tailored to meet the dynamic requirements of this growing industry,» it said.

Sebi) has released a consultation paper specifying the timelines for deployment of funds collected by asset management companies (AMCs) in new fund offer (NFO) as per asset allocation of the scheme within 30 business days. According to Sebi, the AMCs should specify achievable timelines in the SID regarding the deployment of the funds as per the specified asset allocation of the scheme and should garner funds during the NFO accordingly. The AMCs may be mandated to deploy the funds garnered in NFO within the said period from the date of allotment of units. In case if an AMC is not able to deploy the funds in 30 business days, it has to give the reasons in writing, including details of efforts taken to deploy the funds, and this should be placed before the Investment Committee.

Subscribe to enjoy similar stories. It is easy to think of humans as existing separately from nature. But the greatest threats to humanity come from crises affecting nature, not least climate change, biodiversity loss and rampant pollution.

Virat Kohli is set to return as the captain of Royal Challengers Bengaluru (RCB) starting from the 2025 Indian Premier League (IPL) season, TOI reported on Wednesday, ahead of retention deadline. Kohli has had discussions with the RCB management and will step into the leadership role again due to the vacant spot in the team, the report said. Faf du Plessis, who is 40, led RCB from 2022 to 2024, but due to his age, Kohli will take over the leadership for the upcoming edition.

Reserve Bank of India (RBI) are unlikely. According to Ind-Ra, the persistent pressure of elevated food prices continues to drive inflation, suggesting that any potential reduction in interest rates will hinge on evidence of stable inflation trends nearing the RBI's target of 4 percent. As such, market participants may need to brace for a prolonged period without rate cuts in the near future. While inflation and weak industrial activity weigh on the economy, there are positive signs in rural demand, driven by improved real wages for rural labourers in July and August 2024, and above-normal rainfall in most of the country. These factors are expected to boost consumption demand.

jobs filled globally in 2024 bear titles unheard of in the year 2000. Roles such as Sustainability Manager, AI Engineer, Social Media Manager, Data Scientist, and Customer Success Manager have now become integral across industries. The shift is driven by the rise of new technologies like Artificial Intelligence (AI) and a greater emphasis on sustainability. Among 5,000 surveyed global business leaders, 82 per cent in India observe a rapid acceleration in workplace transformation, with a rising demand for roles, skills, and innovative technologies reshaping job requirements. With Generative AI at the forefront, 70 per cent of global business leaders rank AI adoption among their top priorities for 2025. LinkedIn India’s Talent Solutions Head, Ruchee Anand, underscored this shift, stating, «As we look to 2025, businesses are increasingly prioritising AI adoption, alongside meaningful investments in upskilling and reskilling their people. Embracing AI is not just about keeping pace; it's about empowering teams, fostering innovation, and creating resilient workforces ready to thrive.»

Subscribe to enjoy similar stories. As World Savings Day is celebrated, a pressing concern comes to the forefront—household savings rates in India are declining amid tough economic realities. According to the National Account Statistics 2024 from the Ministry of Statistics and Programme Implementation (MoSPI), net household savings dropped a massive ₹9 trillion over the three years leading to FY23, now standing at ₹14.16 trillion.

SBI Card has increased the finance charges on all unsecured SBI Credit Cards, according to its official website. However, this is not applicable to Shaurya, Defense. This is effective from November 1, 2024, stated the SBI Card website.

Tejas Mark-1A jets for the Indian Air Force (IAF) has been delayed due to issues in the supply of engines by General Electric (GE), giving another blow to its already depleted operational capabilities, TOI reported. The delivery of the jets, initially scheduled for 2024-25, will now see only two to three jets instead of the promised 16, according to TOI sources. Hindustan Aeronautics (HAL) faces a delay of around two years as GE has promised to supply the engines by March 2025. The deal for these 83 single-engine jets was signed in February 2021 and amounted to Rs 46,898 crore.

equity mutual funds have offered over 30% CAGR in the last three years, based on daily rolling returns. ET Mutual Funds examined the daily rolling returns of 221 equity schemes that have been in the market for the past three years. The top two schemes on the list were from the small-cap category. Quant Small Cap Fund and Nippon India Small Cap Fund delivered 43.87% and 35.43% CAGR, respectively, based on daily rolling returns over the last three years.

«Now, with that kind of a constraint, if you still want to see a boom in the economy, then the maximum multiplier effect you can generate is through the real estate. So, the boom has started at the top, but now it will percolate down as well,» says Ravi Dharamshi, ValueQuest Investment. You talked about as to how it is not just the premium end of the economy when it comes to consumption, but a more broad based, top to bottom kind of approach that you would now be looking at. How does that tie in with real estate because up until now you have only seen the premium end of luxury, that to residential and commercial both, real estate do well. Ravi Dharamshi: So, see post COVID, unfortunately the recovery has been as it is popular now, K-shaped and what that meant is that anybody who owned an asset has done well, whether you owned equity, whether you owned gold or whether you owned real estate, you did well. But if you have been only a wage earner, income earner, then inflation has been beating your growth in your earnings and your discretionary power has gone down.

House of Hiranandani is looking to invest over Rs 12,500 crore to strengthen its development portfolio by around 10 million sq ft through a blend of acquisitions and greenfield projects to deepen its presence in Mumbai Metropolitan Region (MMR) in the next two years, said top officials of the company. With a luxury residential development pipeline of over 7.3 million sq ft, the company is aiming to capitalise on the region’s infrastructure growth backed by government initiatives coupled with rising demand for premium residential and commercial properties. The investment will flow into greenfield residential projects spread over 4.7 million sq ft and redevelopment projects of 2.6 million sq ft across various locations in the Mumbai region.