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Subscribe to enjoy similar stories. As consumers realize the grave impact of fast fashion on the environment, a host of sustainable clothing brands like Virgio, Nicobar, and No Nasties have emerged in the last few years, aiming to influence users to opt for upcycled and climate-friendly clothing. Consumers across age groups, including Gen Z and young millennials, are now increasingly opting for environmentally sustainable T-shirts, jeans and even accessories like belts and bags, offering up-and-coming startups a new opportunity to capitalize on.

COP29 on Thursday stressed the need to improve transparency, access and affordability of finance to enable climate action across the world. Initiating the dialogue on the designated 'Finance and Trade Day' of the summit, UN climate chief Simon Stiell said for climate finance to deliver, it will need to be accessible, predictable and commensurate to the challenges faced in developing countries. Referring to the findings of the progress report on efforts to raise over $100 billion a year prepared by the COP's Standing Committee on Finance, Stiell said the overall trend shows an increase in the funds with more money being allocated for adaptation. However, there is a need to improve transparency, access and affordability, he said. «The new goal is not just about a target but about enabling action,» the UN climate chief stressed.

Grasim Industries, the flagship company of Aditya Birla Group, on Thursday reported a 66% fall in its consolidated net profit at Rs 390 crore in the second quarter, compared with Rs 1,164 crore in the last year quarter. Revenue from operations, meanwhile, rose 11% YoY to Rs 33,563 crore in the reporting period.

Glenmark Pharma reported Rs 340 crore net profit in Q2FY25 led by robust sales growth in India and Europe. The drugmaker reported a net loss of Rs 180 crore in the corresponding quarter of the previous year. Revenue rose 7% YoY to Rs 3,434 crore in Q2FY25.

These high-performing stocks that rallied more than 10% during the session included, Netlink Sol(12.86%), Bemco Hydraulic(12.56%), Mahalaxmi Rub(11.91%), Niyogin Fintech (11.53%), AXISCADES Engg Tech(11.06%), Informed Tech(11.01%), Bang Overseas(10.85%), Natura Hue Chem(10.85%), Sterling Tools(10.55%) and The Anup Engg(10.54%).

For Indian consumers, gold is not just an asset but a cultural staple, deeply ingrained in weddings, festivals, and as a safeguard against economic uncertainty. With gold prices trending lower, those who have weddings lined up in their families are keenly observing this opportunity. «Enquiries at stores have increased due to price fall. We are expecting higher footfalls for upcoming wedding seasons,» said Suvankar Sen, MD & CEO, Senco Gold and Diamonds.

iPhone SE 4 may allow users to experience nearly everything the flagship iPhone 16 series has to offer, but at almost half the price. With that said, a great deal of information has already been leaked, including insights from notable sources like Ming-Chi Kuo and Bloomberg’s Mark Gurman.

Tata Power Company Ltd. traded at Rs 409.15 on BSE at 10:24AM (IST) on Thursday, 2.53 per cent from previous close. The scrip quoted a 52-week low price of Rs 256.95 and a high of Rs 494.85.

Jai Bala, Chief Market Technician, Cashthechao.com, says he expects the Nifty to hit somewhere to about 21,300 by the end of the year and the banking index to hit somewhere close to 42,000 with an intermediate pause at about 49,000 and 47,000. The Dollar index will be about 109 for the end of the year. The 10-year yields for the US would be about 5.5% by the end of the year. By 2026, the 10-year yields will hit about 800 bps. That is the medium to long-term forecast for the global markets and the macros. Bala also says retail investors should raise as much cash as possible as they can get in and get out of the market much faster than the institutions. Is there any ray of hope for the markets and what can really provide a sigh of relief at this juncture? Jai Bala: I had spoken to you around the time when China's stimulus was on and at that time I had mentioned that the Nifty was likely to drop to somewhere close to 21,300 and when people are focusing on China's stimulus, we should have been focusing on the India correction which is about to set on. I have been holding the view from the 1st of October that this decline is likely to take the market to somewhere close to the June 4th low. So, we are set for further decline to come through, although there could be a counter trend bounce along and the market has just printed the 200-day moving average and so we could see a slight relief. But the markets are still on sell on rise.

Subscribe to enjoy similar stories. The stock market has faced mounting pressure recently, with foreign institutional investors (FIIs) stepping up their selling since the start of October. This aggressive sell-off has triggered a sharp retreat in major indices like the Nifty50, which has now fallen over 10% from its all-time high of 26,277.

The Sensex and Nifty have dropped 10% from peaks on September 27, resulting in the indices entering the technical corrective phase. When an index falls 10% from its peak in a short span, it's considered a correction. A 20% decline makes it a bear phase.

Canadian supermarket retailer Loblaw Companies missed third-quarter revenue estimates on Wednesday, hurt by a slowdown in the demand for its non-essential goods such as household items and electronics.

Donald Trump’s victory, driving the cryptocurrency to new all-time highs (ATH). Following Trump's win, Bitcoin surged over 30%, peaking at an ATH of $89,956 and maintaining a bullish trend since then. However, after reaching the record high of $89,956 on Tuesday, Bitcoin saw some profit-taking on Wednesday. As of 12:32 pm, the cryptocurrency was trading 3% lower at $86,740.

Aqua Tofana Great Again' movement is gaining traction in the United States after Donald Trump's victory in the recently-concluded Presidential Elections. Some women frustrated by Donald Trump's return to the Oval Office are using a centuries-old metaphor about women poisoning their husbands to channel their disappointment, causing a stir online.

India, the world's second-biggest crude steel producer, had turned a net importer during 2023/24 and the trend has continued during April-October, the data showed. During April-September, China was the lead exporter of finished steel to India and this is widely expected to be the case during April-October. Details will be known later in the month.

Ashok Leyland Ltd. 0.88 per cent to Rs 219.35 at 01:58PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 358,929 shares with a turnover of Rs 7.78 crore till 01:58PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 24.35, while the price-to-book value ratio stood at 5.58.

Tube Investments of India Ltd. traded 2.16 per cent in Wednesday's session at 01:37PM (IST). The stock opened at Rs 3562.10 and has touched an intraday high and low of Rs 3580.70 and Rs 3470.00, respectively, during the session so far. The stock quoted a 52-week high of Rs 4807.05 and a 52-week low of 3130.50. About 10,611 shares changed hands on the counter so far.

HDFC Asset Management Company Ltd. 2.17 per cent to Rs 4300.65 in Wednesday's trade as of 01:48PM (IST). The stock hit a high price of Rs 4366.60 and low of Rs 4260.00 during the session.

Tata Power Company Ltd. traded 2.22 per cent in Wednesday's session at 12:36PM (IST). The stock opened at Rs 413.45 and has touched an intraday high and low of Rs 416.20 and Rs 404.40, respectively, during the session so far. The stock quoted a 52-week high of Rs 494.85 and a 52-week low of 251.40. About 905,336 shares changed hands on the counter so far.

SRF Ltd. traded at Rs 2211.25 on BSE at 12:46PM (IST) on Wednesday, 1.74 per cent from previous close. The stock quoted a 52-week low price of Rs 2088.55 and a high of Rs 2697.45.

Subscribe to enjoy similar stories. MUMBAI : Market sentiment has taken a bearish turn with option traders selling or writing relatively fewer put options on the Nifty index. With uncertainty mounting, investors are seeking to hedge their portfolios, but the soaring cost of put options has left traders anxious, potentially edging the market into oversold territory.