At the UN climate talks in Baku, G77 and China, representing 130 developing nations, rejected the proposed framework for a new climate finance goal. They demanded a minimum of USD 1.3 trillion in public, grant-based funding to support mitigation, adaptation, and loss and damage initiatives exclusively for developing countries.
To facilitate ease of onboarding of Foreign Portfolio Investors and reduce duplication of available information, markets regulator Sebi on Tuesday said applicants can choose to fill either the entire Common Application Form (CAF) or an abridged version with unique fields.
Stronger bond yields, a rising US dollar, and risk-on sentiment in equities may lead to a short-term retracement in gold prices, according to the World Gold Council. November saw gold pressured by higher opportunity costs, US dollar strength, and gold ETF outflows.
Vodafone Groups operating profit for H1 FY25 rose 28%, largely due to a 0.7 billion gain from selling an 18% stake in Indus Towers. The proceeds were used to repay loans secured against Indian assets, including Vodafone Idea.
