As India’s economy expands and private wealth surges, the focus is shifting from wealth creation to structured management. Industry experts say investors, entrepreneurs, and family businesses are rethinking how they preserve, transition, and deploy capital.ALSO READ | Women-specific insurance products see steady growth across IndiaIndia is expected to become the world’s fourth-largest economy by 2025, with the IMF projecting 6.5% growth for FY26. This momentum, combined with a strong startup ecosystem, has led to a sharp rise in the number of high-net-worth individuals (HNIs) and ultra-HNIs. According to industry estimates, India has over 8.5 lakh HNIs today — a number likely…
Author: user
CALGARY, AB / ACCESS Newswire / June 17, 2025 / Karbon-X Corp. (OTCQX:KARX), a vertically integrated climate solutions company, has entered into a strategic agreement with Directions Group Inc., a Canadian leader in clean energy sales and growth strategy. The partnership will focus on the development and implementation of a residential solar carbon project designed to generate offset credits eligible under Alberta’s Technology Innovation and Emissions Reduction (TIER) regulation, one of Canada’s most robust compliance carbon pricing systems.This initiative will enable homeowners who install solar photovoltaic systems to generate verified, tradeable carbon offset credits in accordance with Alberta’s approved regulatory…
Image source: Getty Images The Ashtead Group (LSE: AHT) share price was barely affected by full-year results released Tuesday (17 June), which looked a bit mixed. Ashtead is reporting its last set of FY results as a FTSE 100 company before it switches its main listing to New York and adopts its US Sunbelt Rentals business name. CEO Brendan Horgan said the move should happen “in the first quarter of calendar year 2026.“ The construction rental firm signed off from London with a 1% decline in revenue as profit before tax dropped 5%. Adjusted earnings per share dipped 4%. By…
XPRIZE award winner Planetary and CO2 registry Isometric announced that they have issued the first-ever carbon credits from ocean alkalinity enhancement (OAE).The pioneering 625.6 credits were issued for carbon dioxide removal (CDR) buyers Stripe, Shopify, and British Airways in a deal that saw the first independent verification of marine-based CDR, performed by Isometric.To ensure the credits are certified in line with scientifically rigorous monitoring, reporting, and verification (MRV) criteria, Isometric used its industry-first Ocean Alkalinity Enhancement from Coastal Outfalls Protocol, which leverages quantification methods informed in partnership with [C]Worthy.The detailed data behind every issued OAE carbon credit is now publicly…
Image source: Rolls-Royce plc Brilliant shares like Amazon and Nvidia have frequently hit all-time highs at expensive-seeming valuations – only to go on and soar far, far higher. That came to mind this month when Rolls-Royce (LSE: RR) hit a new all-time high. On one hand, Rolls-Royce shares look expensive to me, trading for 29 times earnings. But could they still be a potential bargain for my portfolio from a long-term perspective? Consider how Amazon and Nvidia have performed in the past decade, soaring 905% and 25,387% respectively! I do see potential for Rolls-Royce shares to move somewhat higher even…
At the 2025 SMM (2nd) Global Renewable Metal Industry Chain Summit – Main Forum hosted by SMM Information & Technology Co., Ltd., Dr. Somthai Wongcharoen, Secretary General of the ASEAN Institution of Recycling (AIR), shared insights on the topic of “Green Transformation and Sustainable Development Prospect of Thailand’s Recycled Metals Industry.” The Thai Recyclers Trade Association is composed of major recycling enterprises in Thailand, including smelting groups, wholesale collection groups, and import-export groups. Metal scrap: Contains high-value metals such as copper, aluminum, lead, lead-acid batteries, and EV batteries; electronic waste such as PCB boards, from which gold, palladium, and copper…
European Central Bank (ECB) policymaker Yannis Stournaras said on Tuesday, “any further rate cuts will depend on data.”He further noted that “the ECB has reached first point of equilibrium.”Market reactionEUR/USD was last seen trading at 1.1555, little changed on the day. ECB FAQs The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy for the region. The ECB primary mandate is to maintain price stability, which means keeping inflation at around 2%. Its primary tool for achieving this is by raising or lowering interest rates. Relatively…
Image source: Aston Martin It has been a horrible few years for long-suffering shareholders in luxury carmaker Aston Martin Lagonda (LSE: AML). The 20% share price fall in 2025 is bad enough, but over five years the Aston Martin share price has tumbled 84%. However, on the final day of April, the company made what I see as a significant announcement. Since then the Aston Martin share price has leapt 28% in a matter of weeks. I think it could go substantially higher from here. Could there be an end to cash burn? Back in April, Aston Martin announced its…
Eunomia found Verra had registered a total of 13 projects under its plastic waste reduction scheme (PWRS), which together have recycled 98,876 tonnes of plastic across countries including Ghana, Thailand, Australia and Iceland. Some 10,146 credits (one credit = one tonne) have been issued but only 228 (2.2%) have been sold. Credits sold under other standards are not shared publicly. Verra isn’t the only plastic credit standard provider. PCX Solutions, Zero Plastic Oceans, BVRio and the Prevent Waste Alliance are among the others and the details available are sketchy. Those developing projects that can attract credits include Repurpose Global, South Pole,…
Image source: Getty Images For years, I’ve favoured buying what I see as good UK shares after they’ve issued bad news. It allows me to buy brilliant companies at a reduced price, often with a higher dividend yield thrown in. It takes time and a bit of nerve, but my strategy has largely paid off. But three purchases continue to struggle, and all have one thing in common. The bad news began with a profit warning. I dived into Diageo The first of the three was Diageo (LSE: DGE), a stock I’d been desperate to own for years. On 10 November 2023, the spirits…