SUSTAINABLE DEVELOPMENT
Hurricane tracker: Check latest updates on tropical storm in gulf, cyclone, typhoon Nolo, Hurricane Rachel
Hurricane tracker: Nolo is no longer a hurricane. The powerful storm remains about as strong, but it changed names to a typhoon as it crossed the international dateline in the Pacific Ocean. Hurricane Rachel continued heading westward on a path away from Mexico.
Bengaluru to get nine new townships, 300-km metro line, 210-km ring road and RRTS network in the next 10-year plan. Where will they come up?
Karnataka plans to construct nine new integrated industrial townships, 312 km of new Metro lines, a 210-km ring road and a 270-km RRTS network across Bengaluru Metropolitan Region over the next decade. The government has already acquired 7,900 acresfor the proposed townships.
In 2011, Jessica Alba co-founded The Honest Company around household and baby products; its 2021 market debut briefly valued it at nearly $2 billion
Jessica Alba co-founded The Honest Company after struggling to find safe household and baby products. The company grew rapidly, focusing on ingredient transparency and sustainability, and appealed to young parents. In May 2021, The Honest Company went public, achieving a nearly $2 billion market capitalization on its first trading day. Despite its celebrity roots, the company aimed to establish itself as an independent brand.
Adani Power and Bhutan's state owned power corporaton to develop 770-megawatt hydropower project
Adani Power and Druk Green Power Corporation have signed an agreement to develop the 770-megawatt Chamkharchhu-I Hydroelectric Project. Construction is expected to begin in the first half of 2027 and commissioning will follow six years later. This project aims to enhance Bhutan’s energy security and provide surplus power to India during summer months. The partnership will operate under a 49:51 equity model and includes a 30-year concession.
Daryl Hannah listed a 17-acre Malibu retreat for $4.25 million in 2014; the solar-powered hideaway had its own aquifer but just two bedrooms
Daryl Hannah’s Malibu eco-retreat combines a 17-acre property with solar power, private water sources and three structures. The 2,190 square feet property has two bedrooms and two bathrooms. Hannah had listed the home before and put it on the market again for $4.25 million. The retreat also includes gardens, palm groves, cactus patches and spaces suited for creative work and outdoor living.
India’s economic resilience strengthens global leadership prospects: Jean-Pierre Landau
Amidst ongoing geopolitical tensions and global economic uncertainty, India is showcasing remarkable resilience, paving the way for enhanced leadership. This trajectory is supported by a steady growth in exports and robust foreign investment. However, the emergence of artificial intelligence necessitates urgent workforce training initiatives. Addressing both technical and non-technical skills in training programs will be vital for equipping future job seekers as the economy adapts to technological advancements.
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Federation of Indian Airlines seeks Centre's intervention for faster release of ECLGS 5.0 funds
Indian airlines have requested the Civil Aviation Ministry's assistance in securing timely credit disbursements under ECLGS 5.0. The Federation of Indian Airlines aims to alleviate the severe financial strain caused by rising fuel costs and other factors. ECLGS 5.0 provides significant financial relief to eligible airlines impacted by current global disruptions. The scheme is designed to support airlines through short-term liquidity challenges during the ongoing crisis.
Tata Sons' Chandrasekaran lists 3 priorities to keep India’s growth engine humming
Tata Sons Chairman N Chandrasekaran said India’s economy remains robust and resilient despite global uncertainty, with strong domestic demand, services exports and government policy supporting growth.
Gold prices fall Rs 1,400/10 grams, but silver rises Rs 1,025/kg despite easing Fed hike bets. Check key levels to track
Gold and silver prices opened mixed on the MCX, with silver gaining while gold declined. Weak US economic data reduced expectations of a Federal Reserve rate hike in October, supporting precious metals. Spot gold and silver also rose. Analysts expect further gains if key resistance levels are breached, but advise avoiding fresh positions amid geopolitical tensions and US-Iran peace talks.
Assam Cabinet approves Green Cess on vehicle ownership transfers, 12% quota for ex-Agniveers
In a recent meeting, the Assam Cabinet has ratified a Green Cess on vehicle ownership transfers. This initiative aligns with the introduction of a 12% recruitment reservation for ex-Agniveers residing in Assam, specifically for police and emergency roles. Furthermore, the Madhupur Satra will receive financial support of Rs 1 lakh each month.
India within striking distance of 8% GDP growth, resilience not accidental: Shaktikanta Das
With an ambitious target of 8% GDP growth, India aims for Viksit Bharat by the year 2047 through innovative reforms. The government is dedicated to increasing domestic capabilities in crucial areas such as energy and manufacturing. Significant measures are being implemented to strengthen long-term finance and bolster involvement in global supply chains.
India has decades of high growth ahead, AI for humanity vision: Jaishankar
External Affairs Minister S Jaishankar highlighted India's anticipated decades of growth during a recent Munich meeting. He emphasized the potential of emerging powers and India's unique demographic advantage in this context. Jaishankar also addressed India's approach to artificial intelligence as a model for social equity and public welfare.
DLF has reported Rs 1985 crore sale from its first senior living project in Gurgaon.
DLF Ltd announced the complete sell-out of its senior living project 'The Aureva' located in Gurugram. The project consists of 172 luxury residences, achieving total sales of Rs 1,985 crore. The average price per apartment has been noted at Rs 11.5 crore. The company emphasises the growing demand for premium residential offerings catering to senior citizens and their needs.
Pvt investment, strategic resource security, global openness key for growth path ahead: FM Sitharaman
India's finance minister Nirmala Sitharaman highlighted strategic priorities to build resilience amid ongoing global economic uncertainty. She emphasized the importance of optimizing supply chains and fostering private sector investment for strengthening innovation. The minister noted that India's R&D expenditure is significantly lower compared to OECD countries, necessitating increased private participation. Sitharaman discussed the shocks faced in recent years and the importance of managing economic stability.
Scholar and botanist, who was 'living encyclopaedia' of plants, wrote 30 books, lived 80 years without electricity, owned just two saris. Who was Dr Hema Sane?
She was a renowned scholar in botany and a walking encyclopaedia of plants. However, late botanist and educator Dr Hema Sane lived eight decades without electricity and conducted a very simple life – that was without much frills or luxury and near to nature and animals.
Arunachal Pradesh: Tawang to host 14th International Tourism Mart on October 29-31
The Union Tourism Ministry and the government of Arunachal Pradesh are set to host the International Tourism Mart in Tawang from October 29 to 31. This event will spotlight the North Eastern Region's tourism potential, welcoming tour operators and influencers from 27 nations. This marks the Mart's significant return to Tawang after a decade, promoting sustainable tourism growth through collaboration and investment opportunities.
Assam Chief Minister Himanta Biswa Sarma formally launches bicycles made of bamboo
Assam Chief Minister Himanta Biswa Sarma on Friday launched bicycles made from bamboo. Bamboo India Private Limited has invested approximately Rs. 15 crores in Assam. The company plans to manufacture such bicycles at the Bamboo Park in Chaygaon. The company also aims to manufacture approximately 1,000 bicycles every month. The state government would extend its supports if the public response is positive.
Poddar Keventer Capital Advisors to raise up to Rs 400 crore for maiden real estate AIF
Poddar Keventer Capital Advisors Private Limited plans to raise up to Rs 400 crore for its Category II AIF. The fund will focus on real estate projects in Kolkata and Delhi over the next six years. Sponsors have committed to 20% of the target corpus, which stands at Rs 80 crore. The fund aims for a gross IRR of 18% to 22% before expenses.
Fashion promised to go green. Here’s how the New York Climate Week, behind closed doors, exposed the challenges of transforming the industry
Fashion is grappling with the dual challenges of rising fibre production and complex supply chain requirements. Sustainable alternatives exist, but they struggle to compete with established materials. The Climate Pledge Fashion Coalition aims to address these issues by improving material sourcing and production processes. Discussions during New York Climate Week emphasized the need for cooperation within the industry.
The missing middle in Asia’s finance puzzle: AVPN CEO on MSMEs, capital and capability
From MSME finance and AI skilling to blended capital and climate investment, AVPN CEO Naina Subberwal Batra explains why coordination is becoming critical to Asia’s development agenda.
Building global infrastructure: JEY GROUP’s vision for long-term growth
Acknowledged for his pivotal role in global maritime investments, Dr. Dattatreya Nagireddy leads JEY GROUP’s mission in creating connected ecosystems to boost international trade and sustainable energy practices. His leadership is centered on logistics, shipping, and energy, aimed at branching out operations worldwide. This recognition reflects JEY GROUP's commitment to fostering long-term economic growth by adopting a holistic approach in key market industries.
Mumbai property market continues strong run, records best-ever September
Mumbai recorded its strongest-ever September for property registrations, with 12,560 transactions, up 4% year-on-year, according to Maharashtra registration data. Stamp duty collections, however, fell 4% to ₹1,242 crore, reflecting a change in the mix of transactions.
NCM 2.0 launched with Rs 767 cr outlay to protect India’s coasts
Union Environment Minister Bhupender Yadav launched guidelines for the National Coastal Mission 2.0 on Wednesday. The mission aims to enhance conservation and management of coastal and marine ecosystems across India. It has an approved outlay of Rs 767 crore for the period from 2025-26 to 2030-31. This phase also promotes a streamlined implementation framework for better ease of doing business.
Astana International Financial Centre explores to partner with India's GIFT City
Astana International Financial Centre is exploring potential collaboration with India's GIFT city due to regional proximity. This partnership aims to enhance financial services and investment opportunities between Kazakhstan and India. AIFC has established itself as a leading financial hub in Central Asia since its launch in 2018. Initiatives from AIFC include developments in sustainable finance and digital assets.
India a 'bright spot' amid uncertainty: Shaktikanta Das
India recorded average annual real GDP growth of 7.9% between 2021-22 and 2025-26, while growth in the first quarter of 2026-27 stood at 7.8%, he noted. He attributed the momentum to domestic demand, industrial and services activity, and a series of structural reforms.
India’s media industry needs to move from scale to value: Prabhat
Prabhat emphasized the need for India's media and entertainment industry to create enduring economic value. He noted that overwhelming scale of content production is insufficient for sustainability and growth in creative enterprises. Greater investment in original intellectual property and improved protection against piracy were highlighted as essential.
India's Sustainable Aviation Fuel readiness surpasses 50 percent: Report
India’s Sustainable Aviation Fuel readiness is estimated to be approximately 52 percent, showing modest growth in adoption. The country plans to reach blending targets of 1 percent by 2027 and 5 percent by 2030. Coordinated action across stakeholders will be important to support the development of the SAF market in India.
Godrej Industries Group, Malaysian delegation discuss cooperation in oil palm innovation and business
Discussions covered areas of mutual interest across the Group’s businesses, particularly oil palm innovation and the household insecticides sector.
Bharat Housing Network raises $5 million from Symbiotics under $75 million green bond programme with BII
Bharat Housing Network has secured $5 million in green bonds to enhance financing for clean energy projects. This financing, backed by Symbiotics, will support rooftop solar installations and electric vehicle purchases. The company aims to issue up to $25 million in green bonds by the end of the next financial year. BHN has enabled significant credit for low- and middle-income borrowers and contributed to reducing CO2 emissions.
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