Category: Business

IFC and Ayala Land Drive Green Real Estate Growth in the Philippines

IFC has extended a PHP 12.87 billion sustainability-linked loan to Ayala Land to fund major green real estate projects in the Phil...

Sustainable Finance Becomes the Future of Global Markets as ESG Investing Surges

Sustainable finance is reshaping global markets, with ESG investing moving into the mainstream. Investors now demand accountabilit...

Reliance Expands New Energy Ambitions While Sustaining Fossil Fuel Growth

Reliance Industries is investing heavily in solar, battery, and hydrogen capacity even as it expands its fossil fuel business, sup...

Adani Power Bags Major Order for 800 MW Ultra-Supercritical Plant in Madhya Prad...

Adani Power secures a ₹10,500 crore contract for an 800 MW ultra-supercritical power plant in Madhya Pradesh, set to boost grid st...

Torrent Power Secures 1,600 MW Power Contract in Madhya Pradesh

Torrent Power wins a ₹22,000 crore contract to supply power from a new 1,600 MW coal-based ultra-supercritical project in Madhya P...

PepsiCo Reports Steady Progress Towards 2024 Sustainability Goals

PepsiCo reports progress on sustainability goals in 2024, advancing regenerative agriculture, renewable energy, water replenishmen...

New Pladis Report Details Environmental Gains and Social Initiatives

Pladis, the maker of McVitie’s, Ülker and Godiva, has reported strong progress on its 2024 sustainability goals, cutting carbon em...

Pollution Reduction Under NCAP Could Extend Lives in Indian Cities

India’s National Clean Air Programme targets a 40% reduction in urban air pollution by 2026, potentially raising life expectancy b...

Cloudbursts in Uttarakhand Trigger Floods and Stranded Families

Cloudbursts in Uttarakhand’s Rudraprayag and Chamoli districts have caused severe floods, widespread destruction, and the mobilisa...

Adani Power Receives Major Approval for 2,400 MW Thermal Project in Bihar

Adani Power has received approval and a long-term supply contract to develop a 2,400 MW ultra-supercritical thermal power plant in...

India’s Passenger Vehicle Sales to See Modest Growth Amid Inventory Challenges

India’s passenger vehicle sales are set to grow by 1% to 4% in FY25, despite high inventory levels and cautious retail demand. SUV...

Meenakshi Energy’s 1,000 MW Plant Now Fully Operational in Andhra Pradesh

Meenakshi Energy’s 1,000 MW thermal plant in Tirupati, Andhra Pradesh, is now fully operational and is set to enhance regional pow...

Asda and Lloyds Launch Sustainable Supply Chain Finance Programme for UK Supplie...

Asda has partnered with Lloyds Bank to launch a sustainability-linked supply chain finance scheme, rewarding UK suppliers with pre...

Decentralised Management Reshaping Industrial Innovation and Growth

Decentralised management is reshaping industrial organisations by combining agility, innovation, and accountability, with companie...

Global Banks Withdraw from Net-Zero Alliance, Raising Uncertainty Over Climate F...

Major banks are stepping back from the Net-Zero Banking Alliance, choosing to pursue their own climate strategies independently. T...

India Poised to Become World’s Second-Largest Economy by 2038

A new EY report projects India will become the world’s second-largest economy by 2038 in PPP terms, with strong demographics, robu...

Europe Launches $134 Billion Hydrogen Megaproject

Europe has launched the world’s largest hydrogen construction site with a $134 billion investment, developing massive infrastructu...

US Nuclear Reactor Powers Green Hydrogen, Spurs Global Race

A newly commissioned US nuclear reactor is powering over 400,000 homes and producing green hydrogen from brine, drawing global att...

China Faces $2.24 Billion in Road Damage Amid Extreme Rainfall

Extreme rainfall has caused $2.24 billion in road damage across 23 Chinese provinces in 2025, highlighting the nation’s vulnerabil...

Wind Energy in India: Record 6.7 GW Additions Expected in 2025

India is set to add a record 6.7 GW of wind power in 2025, driven by strong policies, private sector participation, and hybrid ren...