Sustainability Financial News

17.09 / 06:15
markets Cooper Sustainability country cover Department International India, US hold 2+2 Intersessional, discuss strategic and defence priorities
The officials of the Ministry of External Affairs and Defence and the US State and Defence Departments attended the 2+2 Intersessional. In a post on X, Ministry of External Affairs (MEA) official spokesperson Randhir Jaiswal stated, «India and the US held the 2+2 Intersessional today with officials from India's Ministry of External Affairs and Defence, and the U.S. State and Defense Departments. Key discussions covered bilateral strategic and defense priorities, alongside regional and global issues.»
17.09 / 01:42
markets MET Platform Sustainability reports Department Government to quick commerce players: throw more light on dark store ownership structures
dark stores, the mini warehouses that are crucial for the foreign-funded platforms to deliver in 15-30 minutes, people aware of the matter said. India’s foreign direct investment rules don’t allow foreign-funded online marketplaces to own inventory or control sellers on their platforms. Because of these restrictions, the dark stores are not owned by the quick-commerce platforms themselves, but by separate entities. However, there are some grey areas in their structures. Meeting With Goyal
16.09 / 19:31
markets Manufacturing economy Sustainability RAI innovations No better place than India to innovate and invest in renewable energy: PM
Narendra Modi on Monday said India's leap in the renewable energy segment offers tremendous opportunities for investors not only in energy generation but also in the manufacturing sector. «India is striving for complete made in India solutions and creating many possibilities. It is truly a guarantee of expansion and better returns,» Modi said at Global Renewable Energy Investors Meet and Expo organised by the ministry of new and renewable energy and CII. India's renewable energy demand is rising and the government is making new policies to support it, he said. Efforts are being made for 'Make in India' in the sector and the growth in the segment presents a good opportunity for the same, he said.
16.09 / 17:37
markets Fighting Sustainability volunteers International Putin orders Russian army to become second largest after China's at 1.5 million-strong
Vladimir Putin on Monday ordered the regular size of the Russian army to be increased by 180,000 troops to 1.5 million active servicemen in a move that would make it the second largest in the world after China's. In a decree published on the Kremlin's website, Putin ordered the overall size of the armed forces to be increased to 2.38 million people, of which he said 1.5 million should be active servicemen. According to data from the International Institute for Strategic Studies (IISS), a leading military think tank, such an increase would see Russia leapfrog the United States and India in terms of the number of active combat soldiers it has at its disposal and be second only to China in size. The IISS said Beijing has just over 2 million active duty service personnel.
16.09 / 16:10
ETF Sustainability wellness social ebi expands MPS line-up with index-tracking impact portfolio range
The impact range is comprised of 11 portfolios with varying levels of risk and has underlying fund ongoing charges between 0.13% and 0.52%, as well as a 0.12% discretionary investment management fee. On the equity side, the portfolio invests in a range of ETFs that meet the investible criteria set by the EU taxonomy for sustainable activities. These ETFs are managed by Rize ETF, which is now part of ARK Invest.  EBI Portfolios partners with Amundi for socially responsible investing MPS launch The impact bond portfolio invests in Northern Trust's Global Green Bond index fund, which ...
16.09 / 15:23
markets UPS Provident Software Sustainability innovations MeitY unveils second cohort of Samridh scheme for startups
Startup Accelerators of MeitY for Product Innovation, Development and Growth (Samridh) scheme, for which 125 startups will be provided funding support and mentorship, was launched by MeitY secretary S. Krishnan on Monday. The scheme provides a first round of funding of up to Rs 40 lakh. To promote growth of India’s software product industry as part of the 100-day agenda, the Government of India is providing support to 125 startups through potential accelerators to achieve the target of nurturing 300 startups. The startups in turn get a chance to improve their products and attract funding to expand their businesses. Incubators prioritise the long-term sustainability of startups over rapid growth. India has more than 500 incubators but is still nascent in its accelerator ecosystem with K-Start, Talks, Axilor Ventures, Byron, GSF Accelerator, Gain Accelerator, T-Hub being among the few examples, sources said.
16.09 / 13:03
markets UPS Target XRP Analysis Sustainability stage Is XRP Price Ready to Break Toward $1? Key Analysis of Resistance Levels
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,...
16.09 / 11:27
Provident Analysis Sustainability Enterprise Research show stage Brace for GenAI letting the early adopters of this technology down
Subscribe to enjoy similar stories. When I write about Generative Artificial Intelligence (GenAI) in IT Matters, it is usually about its latest advances and the nuances of its seemingly relentless march. I try to discuss both its triumphs and its travails, especially technological aspects that aren’t readily apparent to most.
16.09 / 11:02
markets UPS Action Sustainability social isolate PM Modi inaugurates 4th Global Renewable Energy Investor’s Meet and Expo (RE-INVEST) in Gandhinagar
Renewable Energy Investor’s Meet and Expo (RE-INVEST) at Mahatma Mandir here in Gandhinagar. “Aspirations of India is the reason behind the reelection of the government for the third term”, Modi said adding that the poor, dalits and the deprived believe that the government's third term will become a guarantee for a dignified life. Noting that today’s event is not an isolated one but a part of the bigger vision, mission and action plan to make India a developed nation by 2047, Modi underlined the decisions taken by the government in the first 100 days in office.
16.09 / 09:29
markets Sustainability PwC Hudson reports International PwC invests in 'high quality' business in China after record fine, internal memo says
PwC is making «tangible investments» to ensure the Big Four firm has high quality and sustainable business in China, it said in a memo to staff after Chinese regulators on Friday hit the company's mainland unit with a record penalty. PwC Zhong Tian LLP was hit with a six-month suspension and a fine of 441 million yuan ($62 million) on Friday over the firm's audit of failed property developer China Evergrande Group . Chinese authorities have been examining PwC's role in Evergrande's accounting practices since the country's securities regulator accused the developer in March of a $78 billion fraud over a period of two years through 2020.
16.09 / 07:38
markets Citi Target Manufacturing Sustainability performer 'Green future' and 'net zero carbon' not just fancy terms, they are commitments: PM Modi
green future and committed to achieving net zero carbon as it has become a necessity, said Prime Minister Narendra Modi while addressing the 4th Global Re-Invest Renewable Energy Investors' Meet in Gandhinagar, Gujarat, on Monday. He said that the summit was a part of a bigger goal of making India a developed nation by 2047, adding that today’s India is laying road to the next 1000 years. «We not only want to become the top nation, but we also want to sustain at the top,» said Modi. The prime minister said that India was the first nation among the G20 nations to fulfill the Paris Agreement nine years before the 2030 deadline. He said that the government wanted India to become a leading producer renewable energy.
16.09 / 05:24
markets Target Sustainability Research Trade Experts recommendations Buy or sell: Vaishali Parekh recommends three stocks to buy today — Sept 16
Subscribe to enjoy similar stories. Buy or sell stocks: After witnessing a massive upside move on Thursday, the Indian stock market consolidated on Friday and closed lower. However, banking stocks witnessed a decent demand throughout the session.
15.09 / 18:52
UPS Provident Sustainability Honeywell Virus cover peace Best Air purifiers under 10000 for better air in your budget
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15.09 / 18:08
UPS Aware economy Sustainability Food show China's economy softens in August as Beijing continues to grapple with lagging demand
China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand
15.09 / 17:28
markets Citi Sustainability community RAI prevention Comments on Dalits: BJP MLA’s arrest leaves party in tight spot
Munirathna Naidu has been taken into custody by the City Police after they formally arrested him on Saturday on charges of hurling slurs on a member of the SC community and demanding bribes from the municipal contractor. The police intercepted his vehicle on the Karnataka-Andhra Pradesh border district of Kolar as he tried to leave the state on Saturday and arrested him after the Bengaluru police registered two FIRs against him. He was a Congress lawmaker earlier, who switched over to the BJP in 2019 along with other Congress and JDS lawmakers, helping the BJP form the government.
15.09 / 15:15
markets Digital Sustainability PwC innovations reports International 90% of financial institutions focusing on AI, GenAI for innovation: PwC India report
financial institutions are focusing on artificial intelligence (AI) and GenAI (Generative Artificial Intelligence) as the primary technology enablers of innovation, according to a PwC India report. As per the PwC India report titled, 'Mapping the FinTech innovation landscape in India' data analytics also continues to emerge prominently across nearly 74% responses, underscoring its integral role in driving insights and decision-making within the financial services (FS) sector. It said that 31 financial institutions consisting of banks, insurance firms and fintechs participated in the survey. «Artificial Intelligence (AI) and GenAI (Generative Artificial Intelligence) emerged as the focus area for innovation for Indian financial institutions, with 90% of the respondents citing them as the primary technology enablers of innovation,» it said.
15.09 / 14:23
markets Digital Sustainability awards RAI information JSW Energy arm commissions 300 MW wind project
JSW Energy on Sunday announced that its step-down subsidiary, JSW Renew Energy Two Ltd, has successfully commissioned a 300 MW wind power plant at Tuticorin in Tamil Nadu. The ISTS-connected (Inter-state transmission system) wind power project was awarded by Solar Energy Corporation of India (SECI) in tranche X, a company statement said. This marks the first-ever greenfield wind power plant commissioned by the company for the SECI, it noted. The newly commissioned wind power project will contribute significantly to the renewable energy portfolio, supporting the vision of a greener and sustainable future, the company said.
15.09 / 14:08
markets UPS Sustainability social reports guidelines ESG-compliant risk assessment in focus for HDFC Bank
HDFC Bank has adopted risk assessment practices based on Environmental, Social and Governance (ESG) frameworks for wholesale banking loans as the country’s largest private lender looks to step up sustainable finance efforts and drive responsible lending, a top executive said. “We have adopted in our wholesale bank a risk assessment of our customers in terms of where do they stack up for their environment compliances. And that becomes a criteria of evaluation as we examine each proposal,” Kaizad Bharucha, Deputy Managing Director, HDFC Bank, told reporters at an event organised by the lender in Varanasi. According to official disclosures by the lender, loans in excess of Rs 100 crore are subject to HDFC Bank’s ESG Risk Management Framework for Lending, wherein a detailed E&S (environmental and social) assessment is undertaken. In particular, wholesale borrowers with a direct customer risk greater than Rs 100 crore across facilities are subject to a detailed E&S due diligence assessment while exposures up to Rs 50 crore are subject to an abridged E&S due diligence.
15.09 / 12:34
markets Target security Sustainability reports Department Manipur Police concern over use of sophisticated weapons during protests
Manipur Police on Sunday expressed concern over the use of sophisticated weapons to target security personnel during protests and urged demonstrators to refrain from employing such means to make their point. Addressing reporters, DIG (Range 1) N Herojit Singh said, «We want to remind the public that the police department's duty is to maintain law and order and to respond to armed attacks by miscreants. We have sustained multiple casualties during these challenging times.» Highlighting the shift in protest tactics, the DIG said, «In recent agitations, traditional forms of protests have been replaced with lethal methods targeting security forces. Demonstrators have engaged in stone pelting, shooting iron pieces from slingshots, firing tear gas shells, and using automatic firearms.» «We have evidence of automatic weapons being fired during protests. At Khabeisoi, firing from automatic weapons injured an officer in-charge of Imphal East Commando and another personnel recently. In Kakwa, Imphal West district, firing from automatic weapons left marks on our vehicles,» he claimed.
15.09 / 09:52
markets Waters Sustainability Food Research trends reports Replacing rice with other crops could help recover groundwater lost since 2000: Study
rice with other crops could help recover 60-100 cubic kilometres of groundwater lost since 2000 in north India, a study has found. Current cropping patterns — dominated by rice, which relies heavily on groundwater for irrigation — could result in a loss of about 13-43 cubic kilometres of groundwater if warming of the planet continues, a team of researchers, including those from the Indian Institute of Technology Gandhinagar, Gujarat, said. The researchers proposed shifting from existing cropping habits by cutting down on cultivating rice as a potential solution for sustaining the fast-depleting resource in a warmer world that threatens food and water security. «Replacing 37 per cent area of rice with other crops can recover 61 to 108 cubic kilometres groundwater compared to 13 to 43 cubic kilometres with current cropping pattern under the 1.5-3 degrees Celsius global warming levels,» the authors wrote in the study accepted for publication in the journal Proceedings of the National Academy of Sciences (PNAS) Nexus.
15.09 / 09:15
markets Digital Sustainability Healthcare inclusion innovations rights Hiring right talent isn’t enough, it is important to keep them engaged too
This makes learning an important aspect of growth. Vijai Subramaniam, Founder and Chairman, Royaloak Furniture, says, “In today's rapidly evolving business landscape, continuous learning and development are imperative for both individual and organisational growth. We must prioritise cultivating a culture of lifelong learning, encompassing both technical and soft skills.” Investment in learning

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