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Tag: net

RBI remains net buyer of US dollar in December, buys $10.014 bn

2021-03-01 18:03:21| The Economic Times

During the reporting month, the central bank bought $10.014 billion and sold $6.023 billion in the spot market, the RBI said in its monthly bulletin for February 2021.

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Aviva sets target for net zero carbon footprint by 2040

2021-03-01 01:01:08| Guardian Unlimited Business - more business news

Asset manager tells 30 biggest carbon dioxide emitters in its portfolio to set net zero goalsAviva has become the first leading insurer worldwide to set a target to shrink its carbon footprint to net zero by 2040, a decade earlier than most banks.The firm, one of the UKs top asset managers with 300bn of investments under management, said it had written to the 30 biggest CO2 emitters in its portfolio, comprising companies in the oil and gas, utilities and mining sectors, asking them to sign up to the science-based targets aligned to the Paris climate agreement and to set net zero emission goals with fixed deadlines of 12 to 36 months. Continue reading...

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FPIs net buyers for 2nd consecutive month in Feb; invest Rs 23,663 cr

2021-02-28 08:27:38| The Economic Times

Foreign portfolio investors invested a net Rs 25,787 crore into equities but pulled out Rs 2,124 crore from the bonds market during February 1-26

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California Can Now Enforce Its Net Neutrality Law

2021-02-25 16:00:00| Wired News: Top Stories

A judge ruled earlier this week on the law, which has faced challenges from lobbyists representing internet providers as well as the Trump administration.

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Hitting net zero by 2050 could add $1 trillion to the U.S. economy

2021-02-25 07:00:27| Fast Company

The upfront investments in a clean economy will reap enormous economic rewards in the future. To avoid catastrophic climate change, the U.S. needs to reach net-zero emissions by 2050, meaning that emissions shrink so much that whatever’s left can be offset by nature or by technology such as machines that can suck CO2 out of the atmosphere. A new report from the nonprofit Energy Innovation says that the goal is possible—and reaching it comes with other benefits, most notably adding nearly $1 trillion to the GDP.Read Full Story

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