A UN-led panel of nearly 100 countries is to draw up new guidelines to prevent some of the environmental damage and human rights abuses associated with mining for “critical minerals”. Mining for some of the key raw materials used in low-carbon technology, such as solar panels and electric vehicles, has been associated with human rights … Read more
Rising prices have made people grumpy. They have depressed consumer confidence, despite a growing economy and low unemployment. But exactly how inflation is hurting, helping and confusing people is hard to understand. Everyone knows that the cost of living has increased. Yet unless you’re constantly pulling out a calculator, you’re unlikely to know whether your … Read more
The south Asian high street is facing a fight for its future in Britain as customers scale back wedding celebrations because of the cost of living crisis and young people’s changing preferences. Businesses in London and Manchester have said they have witnessed a huge decline in customers after the pandemic with the cost of living … Read more
In addition to these scores, the report also contains trend analysis, peer analysis and mean analysts’ recommendations to help an investor make better & informed investment decisions. Synopsis It is never easy to find a good stock. Not for any other reason, but the fact of “ good stock” is an open ended term. For … Read more
When Michael Gove announced the first delay to post-Brexit checks on plant and animal products coming into the UK from the EU, he was keen to make one thing clear. “Although we recognise that many in the border industry and many businesses have been investing time and energy to be ready on time, and indeed … Read more
IDFC First Bank today reported a net profit of Rs 724.35 crore for the quarter ended March 31 which was down from Rs 802.62 crore reported by the lender in the year ago period. IDFC First Bank reported an interest income of Rs 8,219.21 crore in the January-March quarter which was higher from Rs 6,424.35 … Read more
Google has been accused of throwing a “tantrum” after sacking more than 50 workers in response to a protest over the company’s military ties to the Israeli government – firings that have shone a light on a controversial project and long-simmering tensions between staff and management. The workers were sacked following protests at Google offices … Read more
India’s second largest private lender ICICI Bank today reported a standalone net profit of Rs 10 707.53 crore for the quarter ended March 31, 2024 which was up by 17.38% from Rs 9121.87 crore reported in the year ago period. ICICI Bank reported interest income earned during the quarter at Rs 37,948.36 crore which was … Read more
Synopsis While they have been in work for quite some time, yesterday, RBI released the guidelines for small finance banks to turn themselves into universal banks. While most of the guidelines are not something these banks cannot follow, but one where some of them would face issues but only for short term would be the … Read more
Foreign Portfolio Investors (FIIs) could end-up as net sellers of Indian equities in April breaking their two months of buying activity. In April so far, thay have sold local stocks worth Rs 6,304 crore. In March and February, FPIs were net buyers at Rs 35,098 crore and Rs 1,539 crore after selling shares worth Rs … Read more
