June 30, 2026

Blog

Fund

The Case For A $10-Billion Fund Of Funds to Propel Viksit Bharat Goal

Achieving a $30 trillion GDP by 2047 and becoming Viksit Bharat is a grand vision of our Prime Minister. It’s commendable that beyond the usual politics of caste and religion, we are focusing deeply on development. However, achieving this rapid pace of growth won’t be easy. If India continues at its current 7% growth rate,

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Investments

Citi profit climbs on investment banking surge, services strength

Citigroup’s (C) profit rose in the second quarter, boosted by a 60% jump in investment banking revenue and gains in its services division, sending the bank’s shares up 2% before the bell. Net income climbed to $3.2 billion, or $1.52 per share, in the three months ended June 30, the third largest US lender said

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Tax

Youth residential treatment centers are rife with abuse, Senate report finds

“Your tax dollars at work” was never meant to include child abuse. But that’s the odious image presented in a new Senate report, whose title describes numerous youth residential treatment facilities (RTF) that receive federal funding as “warehouses of neglect.” Bipartisan oversight legislation is now planned, following a Senate Finance Committee hearing last month on

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Wealth Management

Hisense Subsidiaries Invest Billions in Wealth Management

Hisense Home Appliances Group Co (HK:0921) has released an update. Hisense Home Appliances Group Co. has announced that two of its subsidiaries have subscribed to wealth management products from Bairui Trust, involving a total investment of approximately RMB 2.45 billion. This move, which utilizes the company’s idle funds, is part of a larger strategy approved

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Technology

Getac & Greemas Explore Rugged Technology for Sustainability

During the webinar Rugged Technology for Sustainability is the Next Net Zero Frontier, Neil Perry, Group Content Director at Sustainability Magazine & Bizclik Media Group quickly outlines supply chain sustainability, regulatory compliance and reporting, circular economy adoption, climate change mitigation and resource depletion askey sustainability challenges facing businesses: “Every conversation I have with sustainability leaders

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Fund

Silicon Valley buoys ESG funds

This article is an onsite version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the

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Insurance

Florida’s Largest Insurance Company Prepares For Doomsday Scenario

Florida’s state-backed insurer of last resort has purchased $3.56 billion in reinsurance cover for this year’s potentially devastating hurricane season. In a Wednesday news release, Citizens Property Insurance Corporation said that the reinsurance would give the entity “the financial resources to pay claims following a 1-in-83-year hurricane without having to levy an assessment on most

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Energy

The truth about solar energy

Jacob Everett  |  South Bend Tribune In the midst of Northwest Indiana’s ongoing discussions about economic development and solar energy, I often hear comments suggesting that these projects will bring more harm than good. With so much changing suddenly around here, it’s only natural for concerns to arise. I know and respect everyone’s opinions, but

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Stock Brokers

Market Highlights, July 12: Sensex up 622pts, ends atop 80,500; Nifty holds 24,500; IT stocks dazzle | News on Markets

Closing Bell on Friday, July 12, 2024: Benchmarks Sensex, and Nifty50 indices rose to record highs on Friday lifted by a solid rally in information technology (IT) stocks. The BSE Sensex hit surged nearly 1,000 points intraday to hit a record high of 80,893.5, while the Nifty50 zoomed to 24,592 ahead of the CPI inflation

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Property

Trump Pays Off Loan Against New York City Property, Documents Suggest

The former president’s fortune has swelled by billions of dollars this year, as mom-and-pop investors bet big on his super-small social media business. AP Photo/Jeffrey Phelps In March, Donald Trump was facing a cash crunch so severe that he called on his supporters to “chip in” and help him save Trump Tower from seizure. But

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