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There’s no hotter area on Wall Street than ESG with sustainability-focused funds nearing $2 trillion

Sustainability-focused funds attracted record inflows during the first quarter, pushing global assets under management in ESG funds to nearly $2 trillion, according to a report from Morningstar released Friday.The rise underscores the momentum behind ESG investing, or when environmental, social and governance factors are considered. Assets in these types

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Government invites applications for post of Irdai chairman

The finance ministry has invited applications for the post of Insurance Regulatory and Development Authority of India (Irdai)chairperson, which is set to fall vacant next month. The incumbent chairman Subhash Chandra Khuntia, IAS (retd) of 1981-batch, was appointed in May 2018 for a period of three years. Applications are

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Stocks making the biggest moves midday: Twitter, Amazon, Skyworks & more

Chris Ratcliffe | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading. Amazon — The e-commerce giant saw its shares gain 1% in midday trading after it reported a record first-quarter profit. The Seattle-based firm said profits more than tripled to $8.1 billion and January-to-March sales soared 44% to

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HDFC Bank reorganises business verticals, digital to form backbone

Private lender on Friday said it is reorganising itself into three areas of Business Verticals, Delivery Channels and Digital to further build its execution muscle, under “Project Future – Ready". The creation of focused business verticals and delivery channels will enable it to capitalise on the opportunities across

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Berkshire’s annual meeting is Saturday with Buffett and Munger together again, shares at a record

Warren Buffett (L), CEO of Berkshire Hathaway, and Vice Chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019.Johannes Eisele | AFP | Getty ImagesWarren Buffett will kick off Berkshire Hathaway's annual shareholder meeting this Saturday riding high, with shares of the conglomerate at

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Exxon posts a profit, snapping four-quarter loss streak

Exxon Mobil returned to profitability during the first quarter, beating top- and bottom-line estimates for the period, as the company recovers from the havoc wreaked on the energy sector by the coronavirus pandemic.The oil giant earned $2.7 billion during the period. The company posted earnings per share of 65

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Robinhood deepens ties with JPMorgan by using bank for money transfers ahead of expected IPO

Avishek Das | LightRocket | Getty ImagesRobinhood, the free-trading app that helped drive a surge in retail investing during the pandemic, has switched to using JPMorgan Chase to handle crucial money transfers into customers' accounts.The start-up emailed customers this week to say that it is now using JPMorgan, the

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