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Apple Pay Expected to Enter India Market in Coming Months

by theparliamentnews.com 22 January 2026

written by theparliamentnews.com

Apple Pay is reportedly preparing for its long-awaited entry into the Indian market, with the digital payments service expected to launch by the end of 2026, according to a report by Business Standard citing unnamed sources.

The service, which is currently available in 89 global markets, is said to be awaiting regulatory approval in India. Apple is reportedly in discussions with banks, regulators, and card networks to finalise the rollout framework.

In its initial phase, Apple Pay in India is expected to focus on card-based contactless payments rather than the Unified Payments Interface (UPI). The report notes that UPI integration may be introduced later due to more complex regulatory requirements. Apple is also said to be negotiating fee structures with card issuers and is unlikely to seek third-party application provider (TPAP) approval for UPI at the outset.

Once launched, Apple Pay is expected to support Tap to Pay on iPhone, allowing users to make NFC-based contactless payments at compatible point-of-sale terminals. The service can be used via iPhone and Apple Watch at retail stores, restaurants, fuel stations, and other locations displaying contactless payment symbols. It also supports in-app and online payments where Apple Pay is enabled.

The entry of Apple Pay is expected to intensify competition in India’s digital payments ecosystem. Apple’s rival Samsung already offers Samsung Wallet in the country, which supports contactless payments on compatible devices.

Globally, Apple Pay is supported by over 11,000 banks and network partners, including more than 20 local payment networks, according to Apple. If launched, Apple Pay would add another major international player to India’s rapidly evolving digital payments landscape.

Short Summary

Apple Pay is reportedly set to launch in India by the end of 2026, pending regulatory approval. The initial rollout is expected to focus on card-based contactless payments, with UPI integration likely at a later stage.

22 January 2026 0 comment

Blog Business Education & Tech Featured

Trump’s Greenland Comments Shift Focus at World Economic Forum

by theparliamentnews.com 21 January 2026

written by theparliamentnews.com

Trump Revives Greenland Proposal at Davos, Draws Firm European Response
Article

Davos, Switzerland | January 21, 2026:
US President Donald Trump reignited controversy at the World Economic Forum (WEF) 2026 after reiterating his view that the United States should gain control of Greenland, prompting strong responses from European leaders and adding to existing transatlantic tensions.

Speaking during his address at Davos, Trump said the United States would not use force to acquire the Arctic territory but maintained that Greenland was strategically important for US national security and global influence in the Arctic. Greenland is an autonomous territory within the Kingdom of Denmark.

Trump’s remarks were closely watched by world leaders attending the summit, which is traditionally focused on global economic cooperation, trade, and climate policy.

European Leaders Reject Proposal

European officials responded firmly, reiterating that decisions regarding Greenland’s future rest with Denmark and the people of Greenland.

UK Prime Minister Sir Keir Starmer said Britain would not compromise on issues of sovereignty, emphasising respect for international law and self-determination. European Commission President Ursula von der Leyen called for greater European strategic autonomy, particularly in light of rising geopolitical pressure and potential trade measures.

The comments underscored growing diplomatic strains between the United States and its European allies.

Tariff Threats Add to Tensions

Alongside his Greenland remarks, Trump again raised the prospect of imposing 10 per cent tariffs on imports from European countries opposing US plans, with the rate potentially rising to 25 per cent if negotiations do not progress.

The tariff threat has raised concerns among European trade officials, though UK Finance Minister Rachel Reeves said existing economic arrangements between London and Washington were expected to remain stable despite political differences.

Calls for Dialogue

Amid the escalating rhetoric, US House Speaker Mike Johnson, addressing lawmakers in the UK Parliament, urged restraint and dialogue, calling for continued cooperation between the United States and its allies.

Broader Implications

Trump’s remarks shifted attention at Davos from economic collaboration to geopolitical divisions, raising questions about the future of:

NATO unity

Transatlantic trade relations

Arctic governance and sovereignty

Greenland’s strategic location, mineral resources, and role in emerging Arctic shipping routes have increasingly placed it at the centre of global geopolitical discussions.

World leaders are now watching closely to see whether the dispute moves toward negotiation or further diplomatic escalation.

Short Summary

Trump’s remarks were closely watched by world leaders attending the summit, which is traditionally focused on global economic cooperation, trade, and climate policy.

European Leaders Reject Proposal

European officials responded firmly, reiterating that decisions regarding Greenland’s future rest with Denmark and the people of Greenland.

The comments underscored growing diplomatic strains between the United States and its European allies.

Tariff Threats Add to Tensions

Calls for Dialogue

Broader Implications

Trump’s remarks shifted attention at Davos from economic collaboration to geopolitical divisions, raising questions about the future of:

NATO unity

Transatlantic trade relations

Arctic governance and sovereignty

Greenland’s strategic location, mineral resources, and role in emerging Arctic shipping routes have increasingly placed it at the centre of global geopolitical discussions.

World leaders are now watching closely to see whether the dispute moves toward negotiation or further diplomatic escalation.

Short Summary

US President Donald Trump renewed calls for US control of Greenland during his Davos address, prompting firm pushback from European leaders. The remarks, combined with renewed tariff threats, have heightened diplomatic tensions between the United States and its European allies.Davos, Switzerland | January 21, 2026:
US President Donald Trump reignited controversy at the World Economic Forum (WEF) 2026 after reiterating his view that the United States should gain control of Greenland, prompting strong responses from European leaders and adding to existing transatlantic tensions.

Trump’s remarks were closely watched by world leaders attending the summit, which is traditionally focused on global economic cooperation, trade, and climate policy.

European Leaders Reject Proposal

European officials responded firmly, reiterating that decisions regarding Greenland’s future rest with Denmark and the people of Greenland.

The comments underscored growing diplomatic strains between the United States and its European allies.

Tariff Threats Add to Tensions

Calls for Dialogue

Broader Implications

Trump’s remarks shifted attention at Davos from economic collaboration to geopolitical divisions, raising questions about the future of:

NATO unity

Transatlantic trade relations

Arctic governance and sovereignty

Greenland’s strategic location, mineral resources, and role in emerging Arctic shipping routes have increasingly placed it at the centre of global geopolitical discussions.

World leaders are now watching closely to see whether the dispute moves toward negotiation or further diplomatic escalation.

Short Summary

21 January 2026 0 comment

Blog Business Education & Tech

Tariffs Act Like a Tax on US Households, Research Finds

by theparliamentnews.com 20 January 2026

written by theparliamentnews.com

Article

US President Donald Trump has once again defended the use of tariffs as a central economic policy tool, arguing that import duties help the government raise revenue, protect domestic industries, and encourage consumers to buy American-made products. However, economic data and independent studies suggest that the burden of tariffs largely falls on US consumers and businesses, rather than foreign exporters.

The latest dispute follows Trump’s warning that the United States will impose 10 per cent tariffs from February 1, rising to 25 per cent by June 1, on imports from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland, unless these countries support his proposal for the US to acquire Greenland. The tariffs would remain in place until what Trump described as a “complete and total purchase” is agreed upon.

Trump has justified the move by calling Greenland “vital to US national security” and citing concerns over European activity in the Arctic region.

Trump’s Case for Tariffs

Trump has consistently argued that tariffs:

increase government revenue,

reduce the US trade deficit,

push consumers toward domestically manufactured goods, and

encourage companies to invest and produce within the United States.

He has framed trade deficits as evidence that the US is being economically disadvantaged by foreign countries and has repeatedly claimed that tariffs can restore manufacturing jobs and industrial capacity.

Rising Costs for Consumers

Evidence from recent years suggests that tariffs tend to raise prices for American consumers. According to the BBC, US inflation rose to 3 per cent in the year ending September, up from 2.4 per cent in April, before easing to 2.7 per cent in November and December.

Several major retailers, including Target, Walmart, and Adidas, have indicated that higher import costs resulting from tariffs are passed on to consumers through price increases.

Industries that rely on global supply chains are particularly affected. In the automobile sector, parts frequently cross US, Mexican, and Canadian borders multiple times during production, meaning tariffs increase costs at several stages of manufacturing.

Who Really Pays?

A study by the Kiel Institute for the World Economy found that around 96 per cent of tariff costs are borne by US buyers, including households and businesses, while only about 4 per cent is absorbed by foreign exporters through lower prices. This makes tariffs function similarly to a consumption tax.

Earlier analyses by institutions such as Goldman Sachs showed that while US firms initially absorbed some tariff costs, these expenses were increasingly passed on to consumers over time.

Various estimates suggest that tariffs have acted like a tax increase of roughly $1,100–$1,500 per household per year, with a US Congressional report estimating the 2025 cost at around $1,200 per family.

Impact on Trade and Jobs

Trump has claimed that tariffs would reduce the US trade deficit. However, during the earlier trade war, the US trade deficit with China widened from about $375 billion in 2017 to $419 billion in 2018, before declining modestly in 2019. Economists note that tariffs often redirect trade flows rather than reducing overall deficits.

Employment data also shows limited benefits. While some protected sectors such as steel and aluminium saw modest job gains, overall manufacturing job growth remained weak. In several industries, higher input costs led to job losses instead of gains.

Research from the Federal Reserve and the International Monetary Fund indicates that tariffs weighed on GDP growth and investment. Estimates cited by The Independent suggest the trade war reduced US economic output by $40–$60 billion annually.

A Mixed Economic Record

While tariffs have provided targeted protection for certain industries, broader data suggests they have increased costs for consumers, strained supply chains, and delivered limited gains in employment and trade balances. Economists widely agree that tariffs alone are unlikely to achieve long-term economic objectives without broader structural reforms.

Short Summary

Donald Trump argues that tariffs boost US revenue, protect domestic industries, and reduce trade deficits. However, studies show that most tariff costs are passed on to American consumers, raising prices, increasing household expenses, and delivering limited gains in manufacturing jobs or trade balances.

20 January 2026 0 comment

Blog Business Featured

Silver Hits Record High as Futures Surge on Strong Global Cues

by theparliamentnews.com 19 January 2026

written by theparliamentnews.com

Silver prices surged to a record high in futures trade on Monday, crossing the ₹3 lakh per kilogram mark for the first time, supported by strong global cues and rising investor demand.

On the Multi Commodity Exchange (MCX), silver futures for March delivery jumped by ₹13,553, or 4.71%, to hit an all-time high of ₹3,01,315 per kilogram during the session.

The rally was mirrored in international markets. On global commodity exchanges, the March silver futures contract rose by $5.81, or 6.56%, to touch a record high of $94.35 per ounce.

Market analysts attributed the sharp rise to robust industrial demand for silver, particularly from sectors such as electronics, renewable energy, and manufacturing. A weaker US dollar also supported prices, making dollar-denominated commodities more attractive to investors.

Silver has been outperforming gold in recent sessions, as demand for the white metal remains strong amid expectations of continued industrial consumption and global economic adjustments. Analysts noted that silver’s dual role as both an industrial metal and a precious asset has contributed to heightened investor interest.

Market participants are closely watching global economic indicators, currency movements, and industrial demand trends for further cues on price direction.

19 January 2026 0 comment

Blog Business Featured

Rupee Weakens for Fourth Day as Dollar Strength Persists

by theparliamentnews.com 5 January 2026

written by theparliamentnews.com

The Indian rupee continued its downward trend on Monday, marking its fourth consecutive session of losses as global risk sentiment deteriorated. The domestic currency closed 8 paise weaker at 90.28 against the US dollar, reflecting sustained demand for the greenback amid heightened geopolitical uncertainty and cautious domestic markets.

Although falling crude oil prices offered some relief, it was not enough to offset the impact of a firm US dollar and subdued investor confidence.

Intraday Movement Highlights Persistent Pressure

In the interbank foreign exchange market, the rupee opened slightly firmer at 90.21 but came under pressure as the session progressed. It touched an intraday low of 90.50 before recovering marginally to settle at 90.28 on a provisional basis.

Since December 30, 2025, when the rupee closed at 89.75, the currency has weakened by 53 paise. Recent sessions have seen consistent pressure, with losses recorded on each trading day heading into the new year.

Geopolitical Developments Drive Dollar Demand

Forex market participants pointed to renewed geopolitical tensions following US military action in Venezuela as a key factor behind the rupee’s weakness. The escalation prompted investors to seek safety in the US dollar, strengthening it against most global currencies.

The dollar index, which measures the greenback against a basket of major currencies, rose by 0.24 percent to trade near 98.39, underscoring the broader safe-haven demand.

Crude Oil Decline Offers Limited Support

A notable counterbalance came from the energy markets, where Brent crude prices declined modestly to around USD 60.53 per barrel. Lower oil prices typically support the rupee by easing India’s import bill, but in the current environment, global risk aversion overshadowed this positive factor.

Market experts noted that continued softness in crude prices could help limit further downside for the currency in the near term.

RBI Reserves and Possible Intervention in Focus

Analysts also highlighted the role of India’s strong foreign exchange reserves, which rose by over USD 3.2 billion to USD 696.61 billion in the latest reporting week. The robust reserve position provides the Reserve Bank of India with ample room to intervene if volatility intensifies.

According to market expectations, any central bank action, combined with softer crude prices, may help stabilise the rupee around current levels.

Equity Markets Add to Cautious Tone

Domestic equity markets mirrored the cautious mood. The Sensex declined over 320 points to close at 85,439.62, while the Nifty slipped below recent highs to end at 26,250.30. Weak equities often add pressure on the currency by dampening foreign inflows, though foreign institutional investors were marginal net buyers in the previous session.

Near-Term Outlook for the Rupee

Looking ahead, currency traders are expected to closely monitor global macroeconomic cues, including US manufacturing data and further geopolitical developments. The USD-INR pair is likely to trade within a broad range of 90.00 to 90.60 in the near term, with volatility driven largely by external factors.

5 January 2026 0 comment

Blog Business Featured India

A Strong Start to the New Year for Equity Markets

by theparliamentnews.com 4 January 2026

written by theparliamentnews.com

Indian equity markets delivered a confident performance in the first trading week of 2026, ending January 2 at record closing levels after weeks of consolidation. A mix of improving earnings expectations, optimism around the upcoming Union Budget, and sector-specific tailwinds helped indices move higher, while broader markets also showed steady participation.

After trading in a narrow range through most of December, investors appeared more willing to take positions, encouraged by early signals of resilient domestic demand and stable macroeconomic conditions.

One of the key factors supporting the rally was anticipation around December quarter (Q3FY26) earnings. Market participants expect corporate results to reflect steady consumption trends, improving margins in select sectors, and continued credit growth.

At the same time, expectations that the Union Budget may include measures to support growth, infrastructure spending, and manufacturing added to the positive undertone. Together, these factors helped lift sentiment across both frontline and broader indices.

Sector-wise, the auto space stood out, supported by encouraging December sales data that pointed to sustained demand across passenger and commercial segments. PSU banks also remained in focus as improving asset quality and expectations of faster credit expansion attracted buying interest.

The utilities segment gained traction on hopes of rising power demand and increased industrial activity. In contrast, FMCG stocks faced pressure, largely due to selling in ITC, which weighed on the otherwise stable defensive pack.

Broader markets outperformed benchmark indices during the week, with midcap stocks showing stronger momentum than large caps. Smallcaps also posted gains, though at a more measured pace.

Meanwhile, precious metals witnessed sharp profit booking. Gold futures fell nearly five percent during the week, while silver declined around 1.5 percent, reflecting shifting risk appetite and positioning after recent gains.

Weekly Market Performance Snapshot

By the close of the week, the Nifty 50 had gained 286 points, rising 1.1 percent to end at 26,329. The BSE Sensex advanced 721 points, or 0.85 percent, to settle at 85,762.

Among broader indices, the Nifty Midcap 100 climbed 1.74 percent, while the Nifty Smallcap 100 added 0.77 percent, underlining improving participation beyond frontline stocks.

What to Watch in the Coming Week

Looking ahead to the week beginning January 5, markets are expected to trade in a range with a positive bias. Investors will closely track provisional quarterly business updates and early earnings-related commentary.

Global cues may introduce some near-term volatility, particularly around geopolitical developments involving the US and Venezuela. Additionally, key global data points such as US payroll numbers, unemployment figures, services PMI, and inflation data from China could influence market direction. Movements in crude oil and precious metals prices will also remain on the radar.

While near-term fluctuations cannot be ruled out, the broader market tone remains constructive. Strong domestic fundamentals, improving sectoral trends, and expectations of policy support continue to provide a stable base for equities as the new year unfolds.

4 January 2026 0 comment

Blog Business Education & Tech Featured technology

GPU Prices Set to Rise Sharply in 2026 as AI Demand Reshapes the Hardware Market

by theparliamentnews.com 2 January 2026

written by theparliamentnews.com

The global graphics card market is heading into a turbulent phase. According to industry chatter, both AMD and Nvidia are preparing to substantially increase prices for their consumer GPUs this year. If the trend unfolds as expected, the first wave of hikes could begin as early as January for AMD and February for Nvidia, with further increases rolling out gradually through the rest of the year.

For everyday consumers, especially PC gamers, this signals a challenging period ahead as graphics cards become increasingly expensive.

Why GPUs Are Becoming More Expensive

At the core of these anticipated price hikes is the rapidly rising cost of memory and other critical components. The construction of large-scale AI data centres across the globe has created intense demand for GPUs and high-performance memory, pushing prices upward throughout the hardware supply chain.

Unlike previous cycles driven primarily by gaming or crypto mining, this surge is rooted in long-term infrastructure investment. AI companies are locking in massive quantities of hardware in anticipation of future needs, tightening supply for the consumer market.

Gradual Increases, Not a One-Time Jump

Industry sources suggest that these increases may not be limited to a single adjustment. Instead, prices are expected to rise incrementally over the course of the year. High-end models are likely to be affected the most, including Nvidia’s GeForce RTX 50 series and AMD’s upcoming Radeon RX 9000 lineup.

Some projections indicate that flagship GPUs could see dramatic shifts in pricing over time, reflecting both production costs and what the market is willing to bear.

AI’s Growing Appetite for Compute Power

The broader context behind these developments is the explosive growth of artificial intelligence. Leading AI firms are consuming GPUs at unprecedented rates. Executives across the tech industry have openly acknowledged that next-generation AI models will require exponentially more computing power than earlier systems.

This demand is not just theoretical. Companies are already stockpiling hardware, even as infrastructure challenges such as power availability limit how quickly these GPUs can be deployed. The result is sustained pressure on supply, with manufacturers prioritising enterprise and AI customers who can absorb higher prices.

What This Means for Gamers and PC Builders

For gamers and PC enthusiasts, the implications are clear. As supply tightens and prices rise, building or upgrading a gaming PC is likely to become significantly more expensive. Even mid-range components may see noticeable price increases due to basic supply-and-demand dynamics.

At the same time, the gaming industry itself is increasingly embracing AI in development, testing, and production workflows. This further ties the future of gaming hardware to the broader AI economy, making price relief unlikely in the near term.

A Market Redefined by AI Priorities

The GPU market is no longer driven solely by gamers and creators. AI has become the dominant force shaping pricing, availability, and long-term strategy for hardware manufacturers. While this shift fuels innovation, it also places everyday consumers at a disadvantage in an increasingly competitive market.

As 2026 progresses, buyers may need to rethink upgrade plans, explore alternative options, or simply prepare for a new reality where high-performance GPUs come at a much steeper cost.

2 January 2026 0 comment

Blog Business Featured India

Markets Begin on a Steady but Selective Note on First Day of 2026

by theparliamentnews.com 1 January 2026

written by theparliamentnews.com

Indian equity Markets benchmarks closed largely unchanged on the first day of 2026, reflecting a cautious but resilient market mood. While headline indices struggled to gain momentum, strength in banking, auto, and midcap stocks helped offset weakness from select heavyweights, allowing the Nifty to defend crucial levels.

The session highlighted a market that remains selective, with investors rotating capital toward pockets showing earnings visibility and volume growth.

Benchmark Performance: Flat Close with Underlying Support

The Sensex edged lower by 32 points to finish at 85,189, while the Nifty added 17 points, settling at 26,147. Despite the modest movement, the Nifty’s ability to remain above the 26,100 mark was seen as a positive technical signal.

Banking stocks provided stability, with the Nifty Bank index gaining 130 points to close at 59,712. Broader markets outperformed the benchmarks, as midcap stocks extended their strength, lifting the midcap index by 266 points to 60,750. Market breadth remained favourable, with advances outnumbering declines.

ITC Drag Limits Upside After Excise Duty Hike

A sharp decline in ITC weighed on overall market sentiment. The stock fell nearly 9% following the government’s decision to raise excise duty, making it the single largest drag on the Nifty during the session.

The decline in ITC capped broader gains, even as several other sectors traded with a positive bias.

Auto and Financial Stocks Lead Gains

Auto and financial stocks emerged as key gainers, driven by optimism around demand trends and upcoming data releases. Shriram Finance topped the Nifty leaderboard with a 3% rise, while Bajaj Auto gained a similar amount ahead of its monthly sales numbers.

Other auto names such as Mahindra & Mahindra and Ashok Leyland also advanced after reporting encouraging December sales volumes, reinforcing confidence in the sector’s near-term outlook.

Midcap Stocks Show Continued Strength

The midcap segment once again outperformed, reflecting sustained investor interest beyond large-cap names. Stocks such as JSW Energy, PNB Housing Finance, Astral, and Supreme Industries posted gains of 3–4%.

APL Apollo Tubes climbed 3% after announcing strong volume growth for the third quarter, adding to the positive momentum in industrial and infrastructure-linked names.

Select Stocks Face Selling Pressure

On the downside, Avenue Supermarts slipped around 2% ahead of its quarterly business update, as investors remained cautious on near-term margins.

PB Fintech also declined after concerns emerged around higher insurance commissions flagged by the Reserve Bank of India. Meanwhile, MCX ended about 1% lower, largely due to profit booking after recent gains.

Market Outlook: Stability with Stock-Specific Action

The first session of 2026 suggests that markets are entering the new year with measured optimism rather than broad-based enthusiasm. While headline indices may remain range-bound in the near term, continued strength in banks, autos, and midcaps indicates that investors are actively seeking opportunities at the stock level.

Sustaining key support levels and earnings-driven moves are likely to shape market direction in the sessions ahead.

1 January 2026 0 comment

Blog Business Featured

Silver Jumps 9% to Record High as Demand Pressures Intensify

by theparliamentnews.com 28 December 2025

written by theparliamentnews.com

Silver prices surged sharply on Friday, climbing 9% to touch a fresh all-time high of $78.53 per ounce. The rally reflects growing pressure in global metals markets, where tightening supply and rising demand are reshaping price expectations across precious and industrial commodities.

Often seen as both a safe-haven asset and an industrial metal, silver has benefited from a rare alignment of factors that have pushed prices beyond previous records.

Supply Constraints Meet Rising Demand

One of the key drivers behind silver’s rally is an ongoing market deficit. Supply has struggled to keep pace with demand, particularly from industries that rely heavily on silver for manufacturing and technology-related applications.

The metal plays a critical role in sectors such as electronics, renewable energy, and advanced manufacturing. As investment in clean energy and high-tech infrastructure accelerates globally, demand for silver has intensified, amplifying price pressure in an already constrained market.

A Broad Rally Across Precious Metals

Silver’s surge was part of a wider upswing across the precious metals complex. Gold reached a new all-time high at $4,549.71 per ounce, underlining strong investor interest in hard assets amid economic uncertainty and inflation concerns.

Platinum also recorded a fresh peak, rising 10% to $2,454.12 per ounce, while palladium posted one of the strongest moves of the session. Prices for palladium jumped more than 14%, last trading around $1,924.03 per ounce, reflecting renewed interest and tight market conditions.

Why Metals Are Back in Focus

The renewed momentum in precious metals highlights a shift in market sentiment. Investors are increasingly drawn to tangible assets that offer both intrinsic value and protection against volatility. At the same time, industrial demand is no longer limited to cyclical growth but is being reinforced by long-term structural trends such as electrification and decarbonisation.

Silver, in particular, sits at the intersection of these forces, making it uniquely positioned to benefit from both investment flows and industrial consumption.

What This Means for Investors

The sharp rise in silver and other precious metals suggests that markets are reassessing the balance between supply, demand, and future growth. While price volatility is likely to remain, the current rally underscores the growing strategic importance of metals that serve both financial and industrial purposes.

As global demand continues to evolve, silver’s dual role may keep it firmly in focus for traders, investors, and industry players alike.

28 December 2025 0 comment

Blog Business Environment India World

World Environment Council and Surakshit Movement Announce Strategic Collaboration to Advance ESG Leadership in Safety and Security

by theparliamentnews.com 24 December 2025

written by theparliamentnews.com

Mumbai / Pune, 24, December 2025: The World Environment Council (WEC) and the Surakshit Movement have entered into a strategic collaboration to strengthen the integration of Environmental, Social, and Governance (ESG) principles within India’s safety, security, and resilience ecosystem. The partnership formalises WEC as the Sustainability Partner for the Surakshit Movement, including the Surakshit Awards platform.

This collaboration brings together WEC’s global expertise in sustainability governance, climate education, and ESG capacity-building with the Surakshit Movement’s industry-led focus on safety, security, governance, and community resilience. The objective is to ensure that ESG considerations are embedded meaningfully into safety leadership frameworks rather than being treated as standalone or compliance-driven initiatives.

Under the partnership, WEC will play a key role in shaping and governing the ESG Award Category within the Surakshit Awards, including contribution to evaluation frameworks, jury expertise, and knowledge inputs. Beyond the awards, the collaboration will extend to ESG-focused workshops, dialogues, whitepapers, training programmes, and community initiatives conducted under the Surakshit Movement umbrella.

The partnership is deliberately structured to remain restricted to ESG-related domains, preserving the independence and integrity of the core Surakshit Awards and non-ESG categories. Both organisations have agreed on clear governance mechanisms, including the formation of a dedicated ESG Working Group, to jointly oversee frameworks, content, and ESG initiatives.

Speaking on the collaboration, Prof. Ganesh Prakash Channa, Founder and President of the World Environment Council, said that the partnership represents an important step toward aligning sustainability thinking with real-world safety and governance challenges. He noted that ESG outcomes are strongest when environmental responsibility, social impact, and governance discipline are integrated into operational decision-making and leadership behaviour.

PSP core team, the driving force behind Surakshit, said the collaboration with WEC adds depth and credibility to the ESG dimension of the platform. They emphasised that the Surakshit Movement aims to recognise organisations and leaders who demonstrate intent, execution, and measurable impact, and that ESG must be evaluated with the same rigour as safety and security outcomes.

The collaboration was formally acknowledged during Surakshit Pune Awards 2025, where sustainability and ESG leadership featured as an integral part of the recognition framework. The tie-up reinforces the shared belief that safety, security, sustainability, and governance are interconnected responsibilities, and that future-ready organisations must address them together.

Through this partnership, WEC and the Surakshit Movement aim to create a credible, practitioner-driven ESG platform that supports responsible governance, strengthens community resilience, and contributes to safer and more sustainable institutions across India.

24 December 2025 0 comment

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Business

Apple Pay Expected to Enter India Market in Coming Months

Trump’s Greenland Comments Shift Focus at World Economic Forum

Tariffs Act Like a Tax on US Households, Research Finds

Silver Hits Record High as Futures Surge on Strong Global Cues

Rupee Weakens for Fourth Day as Dollar Strength Persists

A Strong Start to the New Year for Equity Markets

Weekly Market Performance Snapshot

GPU Prices Set to Rise Sharply in 2026 as AI Demand Reshapes the Hardware Market

Markets Begin on a Steady but Selective Note on First Day of 2026

Silver Jumps 9% to Record High as Demand Pressures Intensify

Supply Constraints Meet Rising Demand

A Broad Rally Across Precious Metals

Why Metals Are Back in Focus

What This Means for Investors

World Environment Council and Surakshit Movement Announce Strategic Collaboration to Advance ESG Leadership in Safety and Security

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