Sustainability Financial News

UN General Assembly kicked off in New York with the presence of the representatives of Palestine, which have been given a seat in the General Assembly Hall next to the UN member states. Palestine is not a full member of the 193 member UN body. The Palestinian Authority's envoy to the United Nations, Riyad Mansour, took his place on Tuesday afternoon at a table marked «State of Palestine» between Sri Lanka and Sudan.

Financial planners advise systematic withdrawal plans in a mix of mutual fund schemes for regular monthly income which is tax efficient as well.

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.

Air India SATS Airport Services Private Limited (AISATS) on Monday unveiled India’s first luxury tarmac coaches exclusively for First and Business Class travellers at the Indira Gandhi International Airport, Delhi. Designed to offer ultra-comfort, the coaches feature premium amenities like plush seating, ample legroom, and air conditioning, ensuring a seamless transfer between the terminal and aircraft. Three such electric coaches have been introduced for Air India flights, with plans to extend the service to other airlines.

According to the CFA's How to Build a Better ESG Classification System report, the ESG frameworks put in place across the three regions present challenges due to lack of focus on observable features, as well as the presence of unclear definitions or incomplete logical structures. Chris Fidler, head of global industry standards at the CFA Institute, argued «there is much disagreement about how to categorically define and identify ‘ESG funds'», and added that a better way would be «to have different evaluators classify the same sets of funds» using «three observable features». The first...

Adani Airports Holdings Ltd, the Adani group firm that operates seven airports in the country, has launched 'aviio' digital platform to provide passengers real-time data on variety of airport accesses — from wait times to gate change and bags on belt. Aviio aspires to bring the aviation community together to collaborate and serve passengers better, a top official said.

Maersk A/S (Maersk), an entity under A P Moller — Maersk, and Hapag-Lloyd AG (Hapag-Lloyd) are set to launch their operational collaboration Gemini Cooperation. The ambition is to deliver a flexible and interconnected ocean network with industry-leading schedule reliability above 90 percent once fully phased in. Since the two companies unveiled the new long-term collaboration in January 2024, they have been working on finalising the details of the operational collaboration which covers a joint ocean freight network on East-West trades.

Tata Electronics has signed a Memorandum of Understanding (MOU) with ASMPT Singapore to collaborate on establishing semiconductor assembly equipment infrastructure and solutions.

AUSTIN, Texas and SEATTLE, Oracle and Amazon Web Services, Inc. (AWS)y announced the launch of Oracle Database@AWS, a new offering that allows customers to access Oracle Autonomous Database on dedicated infrastructure and Oracle Exadata Database Service within AWS.

Apple has introduced the iPhone 16 Pro models at a lower price in India compared to the previous iPhone 15 Pro models. This marks the first time new iPhone models are priced lower than their predecessors at launch.

Myntra, Fractal, Nazara, Policybazaar and Rapido. Playbook’s fund will invest in growth-stage, tech-enabled businesses in large addressable markets that have meaningful scale, healthy operating margins, and high growth. With an average ticket size of $10-20 million, the fund will roughly constitute about 15-20 investments across various sectors including health-tech, SaaS, fintech, ecommerce and supply chain.

India for the December quarter is the strongest among 42 countries covered in a new global survey, whose findings come close on the heels of data from the US that indicates a slowdown in jobs growth. The ManpowerGroup Employment Outlook Survey's latest edition covered 3,150 employers in India and their hiring plans for the December quarter.

bank deposits has been a matter of concern, particularly as growth in private credit has outpaced deposits for the last two years. This has largely been attributed to a decline in household savings, a shift to physical savings, or even a shift to alternate financial savings like mutual funds.

Apple fans globally have been waiting with bated breath for the new announcements. Apple CEO Tim Cook sent the tech world buzzing with a recent tweet showcasing Apple Park’s stunning “glow”. Apple is gearing up to introduce a range of devices including the iPhone 16 series equipped with improved hardware for AI assistance at its annual «Glowtime» event held at the Steve Jobs Theater.

EV transition of fleets by companies is 'very important' to 'somewhat important' in reducing air pollution and emissions, according to a study released by Sustainability Mobility Network (SMN) on Monday. The study, 'Consumer Perceptions & Insights in the Last Mile Delivery Sector for the Transition to Electric Vehicles (EV)', has also concluded that more than 80 per cent of respondents from Bengaluru are willing to switch to a brand with strong emission reduction commitments. Last-mile delivery refers to the transportation of goods from its distribution hub to the door of the customer. As of 2024, the last mile delivery sector alone is responsible for the emission of 5 lakh tonnes of CO2, a greenhouse gas, into the atmosphere. In Karnataka, apart from Bengaluru, consumers from Hubli-Dharwad were also surveyed.

Indian Renewable Energy Development Agency (IREDA) on Monday said it has inked initial pacts with SJVN and GMR Energy for the development and implementation of the 900 MW Upper Karnali hydro-electric project in Nepal. This collaboration aims to enhance regional energy security through the development of renewable energy infrastructure, a statement said.

Electric Mobility Promotion Scheme (EMPS) till the launch of the third edition of its flagship incentive scheme FAME (Faster Adoption and Manufacturing of Electric Vehicles), Union Minister for Heavy Industries H D Kumaraswamy Monday said. EMPS was scheduled to be in force till Sep 30. But the announcement for benefits to support adoption of e-mobility is likely to take another two months, Kumaraswamy said recently, necessitating an extension. “It will be extended till FAME comes,” Kumaraswamy said at the 64th Annual Session of the Automotive Component Manufacturers’ Association (ACMA).

term insurance and dies at age 35, the family will continue to receive monthly payouts for the remaining 35 years of the policy term. However, even if only a few years remain in the policy term, the plan guarantees at least 10 years of monthly payouts. So, even if the policyholder dies at 65, with only five years left in the term, the family will receive monthly payments for the next 10 years.

Competition Commission of India has approved the National Investment and Infrastructure Fund's (NIIF) proposal to acquire an additional stake in Ather Energy. The deal was cleared by the competition watchdog under the green channel route. «The acquirer (India-Japan Fund) proposes to acquire certain Series G Compulsorily Convertible Preference Shares of Ather,» the regulator said in an order. India-Japan Fund (IJF) is a fund managed by NIIF. The fund focuses on investing in environmental sustainability, and low-carbon emission strategies and promoting investments by Japanese companies in India.

shorturl.at/8Ze9p) has pointed out that during the 2024 Lok Sabha polls, the BJP’s share of postal ballots in these four states had reduced from its 2019 level, providing some indication of displeasure with the pension system. Postal ballots are mostly cast by senior citizens, persons with disabilities, government officials either on poll duty or serving in locations removed from their constituencies, consular staff in overseas locations and defence personnel. The sharp reduction in the share of postal ballots must have given the BJP think-tank a reason to pause and reconsider its considered stand on pension.

The Gateway's iconic elevation standing tall against the picturesque sea