India-focussed offshore funds and ETFs witnessed a net outflow of $1.4 billion (over Rs 9,900 crore) in July-September period of this year, making it the sixth consecutive quarter of withdrawal, a report has said. India-focussed offshore funds and exchange traded funds (ETFs) are a subset of the overall foreign portfolio investor (FPI) flows.Of the total outflows during the quarter under review, $1 billion was from India-focussed offshore funds, while $321 million was from India-focussed offshore ETFs, Morningstar Offshore Fund Spy report said.In the previous quarter, the net outflow from offshore funds and ETFs was $941 million. Over the last one year period ended September 2019, the category has witnessed net outflows of $5.2 billion, it added.Close India-focussed offshore funds and ETFs registered outflows for the sixth consecutive quarter. related news Employment growth slowed down in last two years: Report PMC Bank scam: Enforcement Directorate may give nod to sale of … [Read more...] about India-focussed offshore funds, ETFs see withdrawal of $1.4 bn in July-September
Global growth fund
The carbon footprint of beef, including the emissions from growing feed for cows, along with cow belches, energy use, and deforestation of land for grazing, is so massive that some researchers have made the case for a tax on the meat as a way to meet climate goals. So when McDonald’s–one of the world’s largest purchasers of beef–announced today that it plans to begin reducing its greenhouse gas emissions at the rate that climate science says is necessary to have a chance of avoiding catastrophic global warming, it wasn’t a minor goal. advertisement advertisement By 2030, the company plans to work with suppliers and franchisees to cut emissions 36% compared to 2015, even as the chain grows. The “emissions intensity,” or the emissions per ton of packaging or food, will also drop 31%. The change is expected to avoid 150 million metric tons of emissions over the next 12 years, roughly equivalent to taking 32 million cars off the road for … [Read more...] about McDonald’s Says It Will Cut Its Carbon Footprint Enough To Actually Make A Difference
In a special interview with CNBC-TV18's Nayantara Rai, Renzo Rosso, founder of popular brand Diesel spoke about business prospects for the company and its plans for India.Below is the verbatim transcript of the interview.Q: Welcome to India.A: I am very happy to be here, I love this place, I love the people, I love the smile from this beautiful country and the colours.Q: So what brings you here besides the beautiful people and the colours.A: My business, because I am running Diesel and lot of other brands, but Diesel is the most popular and this is a perfect fit for what we are doing especially in the denim for India country.Q: So are you excited by the prospects in India. How has the Indian experience been so far when we talk about your business?A: Well, India is a country that is moving little bit slow compared maybe with China but is a country that is very safe because it is going slow but it’s very stable.Q: So what are you plans if I was to ask you how many stores you want … [Read more...] about India, a safe & stable market for brand Diesel: Renzo Rosso
advertisement advertisement In 2005 Emily May heard a horrifying story of a woman who’d been sexually harassed in a subway, she was outraged and fed up with the unreported and under-discussed epidemic of street harassment, so she decided to do something about it. So she started Hollaback!–an organization that allows people to visually or textually share their experience of street harassment online. Today over 2,500 people have uploaded their stories to Hollaback! from around the world, and Emily, 29, now serves as the Executive Director. The service has launched iPhone and Droid apps, too. Emily talked to Fast Company about the growth of Hollaback!, the difficulties of trying to create major change in our culture, and what it’s like to be on a power list with Nancy Pelosi and Rachel Maddow. What’s your big idea? Hollaback! is a movement dedicated to ending street harassment using mobile technology, media advocacy, and policy. By collecting women and … [Read more...] about Change Generation: Emily May, Executive Director, Hollaback!