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At the COP29 climate summit in Azerbaijan, US climate envoy John Podesta reassured nations that the US remains committed to combating climate change despite Trump's election victory. However, the summit faced challenges including setting the agenda and securing climate finance for developing countries, amidst concerns over Trump's pledges to reverse climate action and maximize fossil fuel production.
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The Supreme Court dismissed SEBIs appeals against penalties on Reliance Industries and its promoters, which were quashed by the Securities Appellate Tribunal (SAT). However, the court agreed to hear Reliances cross-appeal regarding the price manipulation case involving RPL shares
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Bandhan Bank and other small finance banks that transitioned from microfinance faced higher slippages in Q2. Despite efforts to reduce micro-ticket lending and increase secured portfolios, 75-80% of fresh slippages originated from the microfinance business
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News and Media
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