Companies’ addiction to junk carbon offsets is killing the planet
A Kyoto University study found that large corporations, such as Shell and Chevron, mostly purchased low-quality carbon offsets that fail to make real emissions reductions.
A Kyoto University study found that large corporations, such as Shell and Chevron, mostly purchased low-quality carbon offsets that fail to make real emissions reductions.
In the letter, addressed to House Judiciary Committee Chairman Jim Jordan and released by Republicans on the committee, Zuckerberg addressed a number of controversies centered on content moderation on his platforms.
There are more startups in the sustainability space today but they struggle to get past financial barriers due to various issues. A Mumbai-based financing platform wants to level the playing field for these newcomers.
As of August 26, six NSE F&O stocks saw a 10%+ rise in futures open interest, indicating new or expanded positions in the futures market.
During Reliance Industries' 47th AGM on August 29, Mukesh Ambani addressed 35 lakh shareholders. Key expectations included updates on IPOs for Reliance Jio and Retail, progress on New Energy projects, 5G monetization, and succession planning. Analysts foresee significant growth, mainly from telecom and retail sectors, over the next years.
NCERT has suggested an evaluation model where students' performance in Classes 9 to 11 contributes to their Class 12 board results. A progressive assessment framework will balance formative and summative assessments. Teachers will use various methods, including portfolio and peer assessments, to evaluate learners. The model aims to offer a comprehensive view of student progress.
The Goa government has not granted permission for hill cutting in the state in the last six months, and plans to amend regulations to raise up to Rs 1 crore fines for illegal activities. Town and Country Planning (TCP) Minister Vishwajit Rane stated that the minimum fine for violations will range from Rs 1 lakh to Rs 1 crore, depending on the size of the plot.
Pakistan Cricket Board chairman Mohsin Naqvi expressed concern about the national team's lack of quality backups following their 10-wicket loss to Bangladesh in the first test at Rawalpindi. This defeat marked Bangladesh's historic maiden test win against Pakistan in 14 test matches.
Shares of One 97 Communications, Paytm’s parent company, rose 3.5% to Rs 548.70 on the BSE today, following a clarification on the SEBI show-cause notice issued to founder Vijay Shekhar Sharma and former board members. Over the past year, Paytm's shares have fallen 40%, with a 16.3% decline so far this year.
The garment industry in Bangladesh has been severely affected by political turmoil and catastrophic flooding. Factories have faced closures, substantial financial losses, and significant disruptions in operations and logistics. The Bangladesh Garment Manufacturers and Exporters Association highlighted that export targets might not be met. Efforts are being made by the interim government to restore order and stability.
On August 26, five NSE midcap stocks hit a 5-year swing high, indicating bullish potential. This level marks significant resistance but differs from a 5-year breakout.
A 35-foot statue of Chhatrapati Shivaji Maharaj in Sindhudurg collapsed, prompting an investigation by the Indian Navy. FIRs were filed against the contractor and consultant. Chief Minister Eknath Shinde pledged to rebuild, and opposition parties criticized the government’s infrastructure. The Navy and state officials are working to understand the cause and plan the statue’s restoration.
The buying momentum was stronger in the broader market while buying was noticed in IT, pharma, consumer and media stocks. HCL Tech was the biggest gainer among bluechips and was trading 1.5% higher.
On August 26, the closing prices of four stocks from the Nifty500 pack dropped by more than 2% relative to the VWAP, and a shift below the VWAP suggests a potential bearish trend.
14 companies with market capitalization exceeding Rs 2,500 crore demonstrated exceptional performance in Q1 2024, doubling their sales and profits. Top performers included Spright Agro and Diamond Power Infrastructure. The broader market saw mixed results with sectors like BFSI and automobile doing well, but oil marketing companies underperforming.
Tata Steel Ltd., incorporated in the year 1907, is a Large Cap company (having a market cap of Rs 194605.77 Crore) operating in Metals - Ferrous sector.
On August 26, the closing prices of four stocks from the Nifty500 pack rallied over 2% relative to the VWAP, and a shift above the VWAP suggests a potential bullish trend.
Union Women and Child Development Minister Annapurna Devi has criticized the West Bengal government for not implementing fast-track courts aimed at improving safety for women and children. This response follows a letter from West Bengal CM Mamata Banerjee to PM Modi requesting the establishment of fast-track courts.
Cipla Ltd., incorporated in the year 1935, is a Large Cap company (having a market cap of Rs 129384.57 Crore) operating in Pharmaceuticals sector.
Electrosteel Castings Ltd., incorporated in the year 1955, is a Small Cap company (having a market cap of Rs 13433.77 Crore) operating in Industrial Consumables sector.
Gujarat reported significant rainfall, highlighted by Vadodara's 28 cm. Ahmedabad faced severe waterlogging, disrupting daily life. Other states, including West Bengal, Madhya Pradesh, and Rajasthan, also received substantial rain. IMD predicted further downpours in these regions over the coming days, urging caution and preparedness.
Gujarat reported significant rainfall, highlighted by Vadodara's 28 cm. Ahmedabad faced severe waterlogging, disrupting daily life. Other states, including West Bengal, Madhya Pradesh, and Rajasthan, also received substantial rain. IMD predicted further downpours in these regions over the coming days, urging caution and preparedness.
Local police have registered an FIR against contractor Jaydeep Apte and structural consultant Chetan Patil after the 35-foot Chhatrapati Shivaji Maharaj statue collapsed in Sindhudurg on Monday. The FIR includes charges under sections 109, 110, 125, 318, and 3(5) of the Bharatiya Nyaya Sanhita (BNS).
Fortis Healthcare Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 41016.88 Crore) operating in Hospitals & Allied Services sector.
In the options market, the highest Call Open Interest (OI) is at the 26,000 and 25,500 strikes, while the highest Put OI is at the 25,000 and 24,000 strikes. Call writing is notable at the 26,100 and 25,500 strikes, whereas Put writing is observed at the 25,000 and 24,900 strikes.