Sustainability Financial News

Dantewada: The bodies of three more Naxalites were recovered on Saturday morning in Chhattisgarh's Bastar region, where a fierce encounter with security personnel took place a day ago, police said. With this, the number of Naxalites killed in the gun battle with the security personnel on Friday has risen to 31, they said, adding that a search operation is still underway in the area. «Bodies of three more Naxalites were recovered this morning from the dense forest where the encounter took place on Friday,» Inspector General of Police (Bastar range) Sundarraj P told PTI. «With this, the toll of Naxalites in the encounter rose to 31. The identity of the Naxalites is yet to be ascertained, but prima facie it appears that they belonged to PLGA (People's Liberation Guerilla Army) company No. 6, Platoon 16 of Maoists and east Bastar division of Maoists,» he said. On Friday, the gunfight broke out between security forces and Naxalites around 1 am in a forest between Nendur and Thulthuli villages on Dantewada and Narayanpur inter-district border, where a joint team of District Reserve Guard (DRG) and Special Task Force (STF) was out on an anti-Naxal operation. The intermittent firing lasted for a long time and the security forces continued search operations in the area.

voters in Haryana will be eligible to cast their votes in the elections for the state’s 90-member assembly on Saturday. A total of 1,031 candidates are contesting, including 101 females. Results for Haryana and the Union Territory of Jammu and Kashmir will be declared on Tuesday.

technology industry is particularly prone to shortening product life cycles on account of the need for hardware to keep pace with demands of software. Typically, a consumer electronics device is obsolete by the time it arrives in the market. These cycles are becoming more compressed as computing-aided performance drives market demand.

youth affairs and sports (MYAS) has released the draft National Sports Policy (NSP) 2024 for public consultation, aiming to foster sustainable growth in India's sports ecosystem and drive national development. NSP 2024 aspires to position India as a global sports powerhouse through collaboration between the government, sports federations, private sector and the public sector. The NSP aims to build upon the foundations laid by previous initiatives such as the NSP 2001, the Khelo India Scheme and the Target Olympic Podium Scheme (TOPS). The policy focuses on building a robust ecosystem that nurtures talent from grassroots to elite levels, expands access to sports infrastructure and promotes sports as a viable career.

ICMR has signed a memorandum of understanding with the NTPC Vidyut Vyapar Nigam (NVVN) to promote sustainable energy in healthcare research, in line with Prime Minister Narendra Modi's vision of 'Aatmanirbhar Bharat', an official statement said on Friday. The partnership aims to equip Indian Council of Medical Research (ICMR) institutes across the country with solar power, supporting India's push towards renewable energy and sustainability, the statement issued by the Union health ministry said. Under the agreement, the NVVN will supply, install, test, commission and maintain rooftop solar panels at 15 ICMR institutes with a combined capacity of 4,559 KW. The project also includes a power purchase agreement (PPA) for grid-connected solar projects, offering a fixed solar tariff for the next 25 years to ensure long-term cost efficiency and sustainability for the ICMR's operations, the statement said.

India has consistently advocated for a peaceful resolution to disputes and has sought to promote cooperation among nations in the Indo-Pacific, with a strong emphasis on the centrality of ASEAN, Defence Minister Rajnath Singh said on Friday. His remarks come amid China's increasing military muscle-flexing in the region. In his address at the Indo-Pacific Regional Dialogue (IPRD) 2024 here, he also expressed concern over «certain attempts to monopolise and weaponise critical resources for strategic reasons», terming these tendencies as not conducive for the global good. Singh emphasised that India's engagement with its partners is guided by the understanding that true progress can only be achieved through collective action and synergy, and due to these efforts, it is now considered as a «credible and preferred security partner and first responder» in the region.

Lupin on Friday said its subsidiary has acquired nine brands from the Medical Nutritional Institute SA (MNI) in South Africa, through a partnership deal with ImpiloVest. Pharma Dynamics has acquired the nine brands along with their associated trademarks through a partnership deal with ImpiloVest, a South African investment firm, Lupin said in a statement. The acquired brands include AntaGolin, RyChol, NeuroVance, SkinVance, FlamLeve, Rheumalin, SleepVance, ImmunoVance, and OviVance, it added. These products cater to a range of health issues such as metabolic syndrome, insulin resistance, cognitive function, skin health, inflammation, joint care, sleep quality, immune support, and women's hormonal well-being.

Piramal Capital and Housing Finance on Friday said it has raised USD 150 million through a global bond sale. The bonds will be issued at a yield of 7.078 per cent and will have to be repaid in 3.32 years, according to a company statement. The company, a wholly-owned subsidiary of Piramal Enterprises, had raised USD 300 million from a sustainability bond issuance in July this year.

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Subscribe to enjoy similar stories. Shares of National Aluminium Company Ltd (Nalco) hit a new 52-week high of ₹227.39 on the National Stock Exchange on Tuesday, driven by rising alumina prices amid a supply shortage. The global aluminium market has been experiencing widespread disruption across the entire bauxite-alumina-aluminium supply chain.

Subscribe to enjoy similar stories. When it comes to investing in the Indian stock market, most investors gravitate toward the big names—Reliance Industries, Tata group, Adani. These companies dominate the headlines, and investors often wonder what sets them apart.

Subscribe to enjoy similar stories. Binny Bansal-backed PlanetSpark is expanding its focus beyond school students to include white-collar workers, as upskilling for officegoers remains a bright spot in the otherwise struggling edtech sector.

Hurricane Kirk strengthened on Thursday into a Category 4 storm in the Atlantic Ocean and waves caused by it could cause life-threatening surf and rip current conditions this weekend, forecasters said. Swells generated by Kirk were expected to reach portions of the Leeward Islands on Friday, Bermuda and the Greater Antilles on Saturday, and the U.S. East Coast and the Bahamas on Sunday, the Miami-based U.S. National Hurricane Center said. Kirk was expected to remain away from land, the center said, and there were no coastal watches or warnings in effect.

15 Corps, Lieutenant General Rajiv Ghai said that Kashmir needs a few more peaceful years like 2022, 2023 and 2024 for a lasting peace. He said armed forces cannot be withdrawn or diluted from any area at this stage as the region is going through a consolidation phase. He added that around 80 militants, including 40 foreigners, are active in the Valley, but this year just two locals were recruited in the militant ranks. This is negligible compared to even 2023, when around a dozen locals were recruited, he said. «We need a few more years like 2024, 2023 and 2022 for this peace to be enduring and lasting,» said Lt Gen Ghai, adding the biggest challenge for the forces is to keep the situation as it is today.

fertiliser prices, shipping through the Straits of Hormuz in addition to the current disruptions in the Red Sea, the peace and tranquillity in the Gulf and West Asia, and even the US presidential elections. The conflict has seen a step-bystep escalation, starting with the Hamas attack of October 7 last year. Israel, in response, has continued with its air and ground operations in Gaza. More than 40,000 have died from this action, nearly two million displaced and property and infrastructure severely damaged. The population there is suffering from food shortages and break down of health care. Intense multi-country efforts for ceasefire, led by the US, Egypt and Qatar, have floundered, buffeted by Israeli desire for a permanent end or irreplaceable degradation of Hamas military and governance structures, and countervailing Hamas’ demands for the ceasefire to be ‘permanent’. Around 100 Israelis remain hostages since October 7with no clarity on how many may still be alive. Anger against Israel and criticism of its actions in many countries has only grown.

ceasefire with Pakistan along the LoC in Jammu and Kashmir has sustained and exceptions to any activity taken by the other side is brought to notice through various means, a top Army officer said on Thursday. Speaking at a press conference, General Officer Commanding (GoC) of the Army's strategic Srinagar-based Chinar Corps, Lt Gen Rajiv Ghai, said when the ceasefire understanding with Pakistan came into effect at the beginning of the year 2021, the situation was tenuous on the northern borders with China. «At that point in time, the two countries (India and Pakistan) felt that it was the most apt thing to do so that tensions could be kept under the threshold as far as the LoC (Line of Control) and the western borders are concerned,» he said. Lt Gen Ghai, who is relinquishing the command of Chinar Corps, said the ceasefire understanding has sustained.

The move comes amid ECP's EMEA expansion plans, which include targeting the UK market. The Australian asset manager, which has £1.5bn in assets under management, launched the Dublin-domiciled ECP global growth fund in March 2023 with a view to making the strategy available to investors in the UK market. Rajkumar, who will be based in London, was most recently director of the global strategic client group at sustainable investment firm Ecofin. He has also held roles at abrdn, Fidelity International, BNY Investments, and UBS Asset Management, having spent 30 years in the industry. Re...

Canada may not have had a big banking failure in many years, but “emerging clouds on the horizon” suggest the existing checks and balances may need tweaks to be sustainable in the future, says an official who used to work for the country’s top banking regulating agency.

Managed by Jon Wallace and Noelle Guo, the fund will adopt a label in the «coming weeks» ahead of the 2 December deadline for the SDR naming and marketing rules, Jupiter said. The asset manager is the first one to publicly disclose the adoption of the Sustainability Focus label. The other three asset managers who have revealed the adoption of a label – AEW, WHEB AM and Schroders – all opted for Sustainability Impact for their respective funds. Kiran Nandra, head of equities at Jupiter, said the adoption of the label will provide «clarity» for many clients. FCA SDR implementation...

Raghuram Rajan, former Reserve Bank of India (RBI) Governor, has cautioned against excluding food prices from inflation calculations. As inflation remains a key concern for the central bank, Rajan's stance is that removing food inflation from headline inflation targets could erode public's 'great faith' in the central bank's ability to manage the broader economic picture. «So, if you leave out some of the most important parts of inflation and tell them, inflation is under control, but food prices are going through the roof… they would not have great faith in the Reserve Bank,» Rajan told PTI in an inerview. Food prices have always played a significant role in shaping India's inflation picture. The current consumer price inflation (CPI) basket assigns a weight of 46% to food, a figure that many argue needs to be revisited as consumption patterns evolve. Nevertheless, Rajan maintains that food prices cannot be dismissed, as they constitute a significant portion of household spending and influence how the general public perceives inflation.

Zoho CEO and Co-founder Sridhar Vembu has raised concerns about workplace stress in Indian corporate culture. In an interview with PTI, Vembu emphasized that companies pushing employees too hard will not be able to sustain in the long run. He advocated for a balanced work environment to build long-term, sustainable organizations. Workplace Burnout and Pressure Vembu highlighted key issues like burnout, loneliness from migration to big cities, and long commutes as factors contributing to an unhealthy work environment. «You are throwing people into a very big pressure cooker, and tragically, some break, and others are broken,» Vembu said. He stressed the need for organizations to rethink their approach to building a work culture that avoids pushing employees beyond their limits. Importance of Work-Life Balance The comments come at a time when India Inc. is engaged in an intense debate following the tragic death of a young employee at a prominent consultancy firm. Vembu’s stance on the matter reinforces the need for companies to prioritize the mental well-being of their employees, maintaining a balance that avoids burnout.