Shares of rice companies like KRBL, and Kohinoor Foods among others surged up to 7.4% in today’s early trading session as the Centre lifted the ban on the export of non-basmati white rice on Friday with immediate effect. Shares of Kohinoor Foods jumped 7.4% to its day’s high of Rs 47.45 while the shares of … Read more
That’s why government support like the DOE Regional DAC Hubs program is so important, says Jack Andreasen at Breakthrough Energy, the Bill Gates–founded initiative to accelerate technology to reach net zero. “This gets projects built,” he says. The Bipartisan Infrastructure Law signed in 2021 set aside $3.5 billion in federal funds to help the construction … Read more
Reserve Bank Governor Shaktikanta Das on Saturday said trading of sovereign green bonds can commence at the International Financial Services Centre in Gujarat during the second half of the current fiscal. “We are in discussion with the IFSC, it will be operationalised very soon. I think in the second half (of the current financial year), … Read more
While admitting that the market is an overvalued state, Shreyash Devalkar, Head Equity, Axis Mutual Fund, says normalisation will happen in due course. “It is increasingly tough to buy stocks at reasonable valuations, however, given the earnings upgrades in the last few quarters, most stocks have re-rated,” he says. Edited excerpts from a chat: When … Read more
One thing that US politicians seem to agree on, despite a great many other differences, is that the country needs to lead technologically to maintain a position of economic and geopolitical preeminence. How to ensure such leadership will be a critical question for the next US president and his or her staff. The past two … Read more
New Jersey has a new plan to become the US hub for AI innovation. The state’s governor signed a law on Thursday that will offer up to $500 million in tax credits for artificial intelligence companies to set up shop in the state. “We want New Jerseyans to stand at the forefront of the AI … Read more
One way for Labour to unlock capital is to leverage the power of pensions and allocate more of their funds to venture capital to fill the Series A funding gap, says Edward Prior, head of investor services at early-stage VC fund SFC Capital. “There’s more US pension fund money in UK startups than there is … Read more
This story originally appeared on Slate and is part of the Climate Desk collaboration. US environmental law is a relatively young discipline. The Environmental Protection Agency is a little more than 50 years old, and the Clean Air and Clean Water acts—legislation we today see as bedrocks of public health and environmental safeguards—were passed in … Read more
A change to doctor’s appointments and GPs surgery services is set to come into effect following the new government voted in this week. As part of a sweeping set of changes aiming to improve NHS services, the new government is looking to overhaul how GP surgeries’ appointments and doctors appointments in general work. The Labour … Read more
“FII ownership at 16% is probably the lowest level of ownership. At the peak, we had 24% of the market owned by FIIs,” says Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance. In an interview with ETMarkets, Banerjee said: “FIIs reversed their selling trend and collectively purchased equities amounting to ₹2,061 crore in the … Read more
