BLS E-Services Ltd, Nectar Lifescience Ltd, Sprayking Ltd and Sasken Technologies Ltd are among the other gainers in the BSE’s ‘B’ group today, 16 February 2024.

Shares of Polysil Irrigation Systems were quoting at Rs 54.05 on the NSE, a premium of 0.09% compared with the issue price of Rs 54.

Confidence Petroleum India Ltd, Rain Industries Ltd, NIIT Ltd and Dish TV India Ltd are among the other gainers in the BSE’s ‘A’ group today, 16 February 2024.

Reserve Bank of India Governor, Mr. Shaktikanta Das, has urged the urgent bolstering of capital flows to emerging market economies (EMEs) for green projects, emphasizing the current skewness favoring advanced economies. Speaking at the 59th SEACEN Governors’ Conference in Mumbai, Reserve Bank of India Governor, Mr. Shaktikanta Das stressed the collaborative need to address climate change, highlighting the inadequacy of individual country-level strategies. He underlined the imbalance between significant investment needs for a green transition and financial flows, primarily concentrated in advanced economies. He called for a focused effort to enhance green capital flows to EMEs while cautioning against overlooking potential financial stability implications associated with the green transition. Additionally, he advocated for revitalizing multilateralism and proposed critical agreements on mineral and food corridors to safeguard global food security, emphasizing fairness and equity in ..

The global economy stands at crossroads. Challenges remain in plenty, but new opportunities are also knocking at the door, according to Shaktikanta Das, Governor, Reserve Bank of India. Das noted in a speech that we need policies that are attuned to the new realities of the global economy. In an uncertain world, central banks need to be proactive to better serve the objectives of price and financial stability. In this environment, collaboration is not an option but a necessity. We need greater resolve and coordination to make significant progress in dealing with global challenges. The cooperation among countries should give due consideration to the principles of comparative advantage and resource endowments so that each one of us benefits.