Sustainability Financial News

The Caisse de dépôt et placement du Québec is launching a new investment platform through which it plans to build a portfolio of forestland in the Pacific Northwest region of the United States.

Sri Lanka President-designate Anura Kumara Dissanayake thanked Prime Minister Narendra Modi on Monday for his congratualtory wishes on winning elections. In a post on X, Dissanayake highlighted strengthening ties between India and Sri Lanka and stressed working towards enhancing cooperation. «Thank you, Prime Minister Modi, for your kind words and support. I share your commitment to strengthening the ties between our nations. Together, we can work towards enhancing cooperation for the benefit of our peoples and the entire region,» Dissanayake said.

The MSCI ESG Leaders, MSCI ESG Screened, MSCI ESG Universal and MSCI ESG Focus indices will all see the ESG tag omitted from their names. Meanwhile, the MSCI Sustainable Impact indices will be renamed to MSCI Sustainable Development indices. FCA to allow 'temporary flexibility' on SDR naming and marketing rules Set to take effect from 3 February 2025, MSCI said the decision followed client consultation.  «Through this decision MSCI will continue to provide its global client base with support to meet local regulatory requirements, in this case aligning with new rules on naming susta...

Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...

Subscribe to enjoy similar stories. Shares of Kajaria Ceramics Ltd have lagged the Nifty 500 index so far in 2024. While the Kajaria stock has gained about 16%, the index has risen by 25%.

Anura Kumara Dissanayake as the country's new president, giving the Marxist-leaning politician a key role in deciding the future of reforms in the debt-ridden nation that is slowly emerging from a crushing financial crisis. Below are the key challenges for Dissanayake, who was sworn-in as the Indian Ocean country's head of state on Monday: ECONOMY AND GROWTH

single litigant" for the courts and it should come with a unified stand after taking on board all the departments concerned, the Supreme Court has said. The observation by a bench headed by Justice BR Gavai came while noting that there appeared to be some inter-se disputes between the forest and revenue departments of the Mizoram government in a matter pertaining to a May 1965 notification. The apex court noted a single judge of the Gauhati High Court's Aizawl bench, in January 2021, held the notification issued in the Assam Gazette dated May 19, 1965, «notifying the order passed by the chief executive officer, Mizo District Council, declaring forests located within half a mile on either side of the river Tuirial and 15 other rivers to be the Council Reserved Forest, is not sustainable in law». It said the state had preferred an appeal before a division bench of the high court but on November 9, 2022, it sought liberty to withdraw the appeal with the liberty to file a fresh one, if required.

Subscribe to enjoy similar stories. SuperApps don’t seem to work in India that well. Deepinder Goyal, founder and CEO of Zomato, learned this early on in his career.

«So, in nickel itself, of course, we still see continued tightness in terms of the Indonesian ore in particular which is a main supplier or main producer on a global scale for the nickel market,» says Jenson Ong, S&P Global Commodity Insights. Now, that the big Fed event is behind us, what is the outlook that you have on the non-ferrous metals because after seeing a significant fall from the May 2024 highs, the non-ferrous metal space has rebounded of late, at least from the September 9 lows that we have seen. Do you think the uptrend is sustainable and from here on, we will see a bigger recovery? Jenson Ong: The non-ferrous metals, of course, looking at the main couple of metals, like let us say nickel, aluminium, copper, for example, in terms of the rebound in prices, of course in the recent months or so, the trend is a lot of supply tightness stemming from the upstream markets of these metals for nickel for example, aluminium, upstream alumina and copper concentrates as well.

Investors looking to wager on Initial Public Offerings (IPOs) to make a quick buck may be better off selling the newly- acquired shares in the issue soon after the listing. This is because the first-day pop does not ensure that such bets would continue to do well in the subsequent weeks. Of the over 100 mainboard IPOs listed on the exchanges from January 2023 till date, shares of 22 companies were locked in the highest tradable limit (upper circuit) of between 5% and 20% on the listing day, according to Samco Securities. But over half of these stocks have not been able to maintain the bullish momentum over the next one month.

Subscribe to enjoy similar stories. Mumbai: As the beauty industry pivots to personalization, L’Oréal, the global cosmetics leader with annual revenue exceeding $40 billion, recognizes the critical role of marketing. As the fourth-largest advertiser worldwide, the French multinational allocates around 32% of its net sales to advertising and promotions, according to Asmita Dubey, L’Oréal’s global chief digital and marketing officer.

residential real estate sector, institutional investors are adopting a more diversified approach than before, shifting from a focus on late-stage, under-construction, and closer to completion projects to now include even early-stage investments. Investors now direct a significant portion of their investments toward such early-stage positions, demonstrating their belief in the potential for substantial growth and returns over time. This shift reflects a broader strategy and a deeper confidence in the sector’s long-term prospects, experts said. This diversified approach is rooted in several key trends and developments within the Indian real estate market. The housing property market has shown remarkable resilience and adaptability amidst varying economic conditions.

As it is quite common for such a marketplace to be quite volatile, there is no shortage of newer projects that attract the attention of investors or traders. To illustrate this point, two recent tokens that have been in the news are DOGS/DO, a meme coin on the Telegram Open Network, and Rexas Finance (RXS) designed to change the perception of RWA assets on the blockchain. Both tokens have launched successfully, however, speculation on their sustainability is another issue that still divides investors.

NBFCs has improved since 2022 after the regulators adopted scale based regulations- a framework linked to the size, activity and risk levels, a study by RBI economists said. But it has also warned that they need to be watchful of cyber-security and climate risks and proactively identify and manage risks, it said. Gross NPAs ratio which ranged from 4.4 percent to 10.6 percent in December 2021 declined o 2.4 to 6.3 percent by December 2023. Scale based regulations were implemented from October 2022, the study found. «There has been a consistent improvement in the bottom line of the sector, as gauged by the profitability indicators, i.e., return on assets (RoA) and return on equity by Abhyuday Harsh, Rajnish Kumar Chandra, Nandini Jayakumar and Brijesh P from the central bank's department of economic and policy Research.» The sector remains resilient under the SBR framework. At end-December 2023, the sector continued to exhibit double-digit growth in credit, adequate capital and low delinquency ratio" The views expressed in the study published in the Reserve Bank's latest monthly bulletin are not that of the central bank.

Subscribe to enjoy similar stories. Hark back to the heady mid-1990s. Jim Wolfensohn, a former Olympic fencer turned banker and cellist was US President Bill Clinton’s pick as World Bank president.

This underlines vast potential for expansion of retail spaces, it added. At present, the total retail space in top eight cities is around 60 million sq ft and 18 million sq ft is expected to be added during 2024-27.

Doge2014 is a hot new crypto celebrating the decade-old legacy of Dogecoin. In the ongoing presale, investors can secure Doge2014 coins for prices similar to Dogecoin’s ten years ago.

PSU Banks, ending in the green. Realty, metals, FMCG, private banks and financial services led gains. Analysts believe that strong FII inflows, healthy domestic macros, and easing concerns over the U.S. economy are expected to sustain the positive momentum.

Quad countries on Saturday announced Maritime Initiative for Training in the Indo-Pacific" (MAITRI) to enable Indo-Pacific partners to maximize tools provided through Indo-Pacific Partnership for Maritime Domain Awareness (IPMDA) and other initiatives. The Quad countries said they are proud to announce an ambitious expansion of their partnership to deliver trusted technology solutions to the broader Indo-Pacific region. «Anchored by shared values, we seek to uphold the international order based on the rule of law. Together, we represent nearly two billion people and over one-third of global gross domestic product. We reaffirm our steadfast commitment to a free and open Indo-Pacific that is inclusive and resilient,» read the Wilmington Declaration Joint Statement released after the Quad Summit.

The Penguin Episode 2 is set to air soon on HBO. The series has a total of eight episodes.

Narendra Modi will once again be on the big stage on Monday when he attends the United Nations Summit of the Future in New York. The idea of the summit emerged in 2021 in recognition of the fact, in the words of the UN Secretary General, that «we cannot continue to tackle 21st century challenges and opportunities with the 20th century foundational ideas and processes of the UN». The summit is an opportunity for international leaders to decide how to deliver a better today and safeguard the opportunities of tomorrow. The UN Secretary General has called it a «trust building exercise». The chief outcome document of the summit will be a Pact for the Future that is supposed to guide humanity as it moves towards the endpoint of the 2030 Sustainable Development Goals and beyond. The five chosen pillars of focus are sustainable development and financing for development, international peace and security, science, technology and innovation and digital cooperation, youth and future generations, and transforming global governance. The pact will be annexed with a Declaration on Future Generations and a Global Digital Compact.