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Time of India
4 days ago
- Business
- Time of India
ICS 2025: Corporate Social Responsibility as a Force for National Progress
Corporate social responsibility in India is undergoing a profound transformation, as revealed during an insightful fireside chat at the India Communication Summit 2025. The session, "Purpose in Practice: Building Authentic Social Impact Narratives ," brought together industry leaders who are redefining how businesses create meaningful societal impact. The conversation featured Puneet Anand, AVP and Vertical Head of Corporate Affairs, Corporate Communication and Social at Hyundai Motor India , alongside Ravi Bhatnagar, Director of External Affairs and Partnerships at Reckitt – South Asia. The session was moderated by Anirban Roy Choudhury, Senior Associate Editor & Lead, Product, who guided the discussion through strategies that elevate CSR from obligation to opportunity. Throughout the dialogue, Anand emphasized how authentic community engagement contributes to national progress, noting that CSR initiatives can play a crucial role in building a more developed India. His perspective highlighted the potential for businesses to drive societal advancement through strategic social initiatives. Hyundai structures its community programs around three foundational pillars: earth, mobility, and hope. Their "Be the Better Guy" road safety campaign stands as a testament to long-term commitment. Launched in 2016, this initiative partners with state governments to address India's road safety challenges through awareness programs and technological solutions. Strategic collaboration emerged as a recurring theme when Bhatnagar stressed the importance of selecting the right partners and rapidly scaling successful programs. This collaborative approach has enabled both organizations to maximize their impact across diverse sectors and regions throughout India. The discussion revealed how innovation drives effective CSR, as illustrated by Hyundai's telemedicine program. With 55 centers established across 11 states, the initiative has dramatically improved healthcare accessibility while reducing costs for rural communities – demonstrating how corporate resources can solve critical infrastructure gaps. Reckitt's nutrition intervention program showcased similar strategic thinking. By focusing on the crucial first 1,000 days of motherhood and employing culturally resonant communication, they've successfully addressed malnutrition challenges in aspirational districts across the country. Community empowerment took center stage when Anand discussed "Art for Hope," an initiative providing rural artisans – including those with disabilities – platforms to showcase their talents globally. This program illustrates how CSR can preserve cultural heritage while creating economic opportunities for marginalized communities. Both leaders emphasized that meaningful social impact requires patience, authenticity, and measurable outcomes. Their experiences reveal a fundamental shift in corporate mindset – from viewing CSR as compliance to embracing it as a strategic opportunity for creating shared value. To conclude, the session presented practical insights into how corporations can become genuine catalysts for societal transformation, contributing meaningfully to national development while building deeper community connections that extend well beyond traditional business boundaries.
Time of India
7 days ago
- Business
- Time of India
Gold price prediction today: Why is gold rate showing signs of exhaustion around Rs 98,000 level & should you sell or buy?
Gold pared some of the gains witnessed last week. (AI image) Gold price prediction today: Gold rate has been swinging in the last few weeks and has recently pared gains. Global uncertainties make gold a safe haven bet, but the flow of relatively better news internationally, especially on Donald Trump's tariff front, is taking the sheen off gold. What's the gold price outlook for this week, and what should investors do? Maneesh Sharma, AVP - Commodities & Currencies, Anand Rathi Shares and Stock Brokers shares his views and recommendations: Gold pared some of the gains witnessed last week as the market responded to mounting U.S. fiscal concerns & escalating trade rhetoric from President Trump. This also led to weakness in the dollar as the same stayed below 100, which continued to fuel demand for the yellow metal. Moody's recent downgrade of U.S. sovereign credit continued to weigh on market sentiment, highlighting the country's unsustainable debt load. This was compounded by the House's passage of Trump's aggressive tax-and-spending package, which the CBO estimated to add nearly $4 trillion to the deficit However, gains were quickly unwound at the start of the current week as Trump extended the implementation of a 50 % tariff deadline on goods from the European Union to July providing some relief to equity markets ultimately soothing safe haven flows into gold. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo Gold Price Outlook Recent signs that the White House may be making nascent progress in negotiations with some trading partners have curbed investor's desire to hold more of the haven asset such as gold. Physically-backed gold exchange-traded funds have also been in an outflow mode since past five straight weeks after peaking at the highest in more than a year in mid-April indicating gold prices may find some room to consolidate in the short term perspective of 1 - 2 months. For the current week market participants are eyeing Fed meeting minutes & US preliminary GDP estimate for further direction in Gold prices. Any hawkish stance by members in meeting minutes could confirm rate cut delay until September month leading to further profit booking moves in bullion prices in coming days. On the other hand, escalation seen in Russia Ukraine Geopolitics could fuel volatility in prices at lower levels as no signs of truce emerges so far. Gold Weekly View: Sideways to Downside Bias Strategy: Sell on Rise (Duration 1 – 2 Weeks) Gold had shown signs of exhaustion at levels above Rs. 98,000 in MCX futures contract since last week of April. MCX Aug. futures (CMP 95,731 / 10 gm) could turn bearish in case it gives a daily close below 95,400 /10 gm as levels of 93,200 – 92,400 could be witnessed in 1 – 2 weeks perspective. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
14-05-2025
- Business
- Time of India
Gold price prediction today: What's the gold rate outlook for the coming days
: Global gold prices have been fluctuating - from hitting new highs, to giving up those gains - as trade uncertainties are weighing on the yellow metal's outlook. Domestically, the India-Pakistan conflict has also triggered some safe haven buying. Tired of too many ads? go ad free now So what's the gold rate outlook for this week? What are the key events that will shape the direction of gold prices going ahead and what should investors do? Maneesh Sharma, AVP - Commodities & Currencies, Anand Rathi Shares and Stock Brokers shares his views and recommendations: Gold, which posted strong gains last week, closing at $3325 per oz, erased its weekly losses amid US China trade deal optimism as both countries over weekend discussions agreed to a 90-day tariff reduction. On the MCX, gold closed near Rs 96,500 per 10 gm & silver around Rs 96,700 per kilogram on Friday last week, pushing the gold-silver ratio above 100:1 Meanwhile at the start of the week US Stocks registered gains in the aftermath of the US-China deal, in which both countries lowered duties and agreed to sustain further talks to reach a trade agreement. Washington and Beijing agreed to lower duties from 145% to 30% and from 125% to 10%, respectively, as revealed in a joint statement released. This weighed heavily on sentiments for Gold. Meanwhile, traders lowered their bets that the Federal Reserve (Fed) would cut rates just twice instead of three in 2025, according to data revealed by Prime Market Terminal. Gold Price Outlook Cooling US China trade uncertainty had so far weighed on sentiments, but some investors remain wary about the lack of detail in their deal announcement, and another flare-up could propel bullion to lead to volatility in prices. Focus this week could also remain on critical US macro cues including US Core Producer & Consumer Price Index which is expected to remain stable for the last month as impact of increased US tariffs takes place. Meanwhile, the Fed's refusal to commit to a timeline for rate cuts had kept uncertainty against monetary policy decisions last week, but the Fed chair is due to speak this week providing fresh cues to the market. If Powell signals discomfort with current labor market trends, expectations for rate cuts will likely strengthen, offering support for gold at lower levels. Tired of too many ads? go ad free now Geopolitical tensions will also be in focus this week amid Russia Ukraine peace deal as two leaders meet face to face on Thursday in Turkey. However the same is not confirmed by the Russian president so far while military clashes between Ukraine & Russia still continue to take place. With May-June month remaining seasonally subdued, a consolidative phase might occur in prices in the current month. Meanwhile Silver is expected to remain steady amid trade deal optimism between US & China could keep the downside limited in white metal. Tariff de-escalation moves would be constructive for silver, which derives more than half of its demand from industrial uses such as electronics and solar manufacturing. Traders will be looking for signs that the deal includes measures that could improve industrial trade flows for Silver. Gold Weekly View - Volatile June (CMP Rs. 93,990 per 10 gm); Sell on rise in the range of 94,800 – 95,500, with SL around 96,300, Target 93,000 - 92,500 (Duration, 1 – 2 weeks) (Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
Los Angeles Times
12-05-2025
- Sport
- Los Angeles Times
Top seeds win beach volleyball titles at AVP Huntington Beach Open
Andy Benesh was simply in the zone. The Rancho Palos Verdes native had six blocks and four aces in the first set alone of Sunday's AVP Huntington Beach Open men's volleyball title match. He's 6-foot-8, but the play seemed even bigger. 'It's fun,' he said after the match. 'I got into a little bit of a flow state. Sometimes the plays seem like they're coming to you.' Top-seeded Benesh and partner Miles Partain cruised through to their second title in Huntington Beach, taking a 21-14, 21-14 decision over fellow 2024 Olympians Chase Budinger and Miles Evans, the No. 2 seeds, on the north side of the Huntington Beach Pier. The women's final was closer, but also featured the top seeds earning the hardware. Taryn Brasher and Kristen Nuss got past No. 3-seeded Terese Cannon and Megan Kraft, 21-17, 21-23, 15-9. Benesh and Partain, who advanced to the quarterfinals at the Paris Olympics, had previously won Huntington Beach in 2023. That was their first AVP victory together as a team, and this year's title represents their fourth as a team. Both the men's and women's champions received trophies shaped like a surfboard. 'I love the patriotism of Huntington Beach,' said Partain, from Pacific Palisades, who has had to recover after his family home burned down in the Palisades fire in January. 'American flags everywhere, I really love that about this place. It's always good competing here.' Benesh and Partain did not drop a set throughout the single-elimination tournament, earning a 21-14, 21-14 semifinal win over No. 12 Hagan Smith and Logan Webber. Benesh said their new coach, Theo Brunner, has preached aggressive play, specifically on his serves. It paid off for him and Partain on Mother's Day, and Benesh added that both of their moms were in attendance to watch the final. 'This surface plays to our advantage,' he said. 'It's a fast surface, and we like to play a fast game.' Brasher and Nuss, meanwhile, won their eighth title together, their first in Huntington Beach. The 2024 Olympians took down No. 4-seeded Fullerton native Kelly Cheng and her partner Molly Shaw 21-15, 21-17, in the semifinals earlier Sunday. They said they appreciated the vibes in the sold-out stadium court, as well as outside of it. 'We absolutely loved that people were building up the sand so that they could look over the fence, because there were no more tickets available,' Brasher said. 'We think that's amazing. There's just so much support for beach volleyball here.' They had three match points in the second set of the title match, but Cannon and Kraft were able to save each of them and force a third set. In the decider, however, Brasher and Nuss would not be denied, beating Cannon and Craft for the seventh time in eight career meetings. 'Before every single set, Taryn always says, 'It's zeroes, it's a new game,'' Nuss said. 'Whatever just happened is in the past, and this is a brand new game. I think that's how we go into every single set, regardless of who has momentum, just focusing on us and playing our game.' Benesh and Partain, Brasher and Nuss and several other top teams in Huntington Beach will move on to the 2025 AVP League season, which kicks off in Palm Beach, Fla. on the weekend of May 23-24. This is the second year for the eight-week AVP League, which returns to Southern California with a San Diego stop on June 6-7 and a Los Angeles stop on July 11-12. 'It's short games to 15, so it makes every point that much more important,' Brasher said. 'We're excited to keep growing the game. Hopefully people keep tuning in and following along.' The AVP's other Southern California stop this year will be the Manhattan Beach Open, set for Aug. 15-17. That event is not a league stop but considered a heritage event, like Huntington Beach.
NBC Sports
07-04-2025
- Sport
- NBC Sports
Olympic gold medalist Phil Dalhausser sets last season as professional beach volleyball player
Phil Dalhausser, a 2008 Olympic beach volleyball gold medalist and Hall of Famer, plans to retire after this season at age 45. 'I've decided that my 23rd season as a professional beach volleyball player will be my last,' was posted on Dalhausser's social media. 'It's been a helluva ride but as they say all good things come to an end. I wanted to announce this in hopes to meet the fans that continue to support not only me, but also our beautiful sport of beach volleyball. Thank you so very much and I'll see you out on the sand one last time!' Dalhausser won gold in his Olympic debut in Beijing in 2008 with partner Todd Rogers. Nicknamed 'Thin Beast,' the 6-foot-9 Dalhausser competed in three more Olympics — one more with Rogers, then two with Nick Lucena — and retired from international play after the Tokyo Games. He has continued to play on the domestic AVP tour and has more than 100 titles combined across all professional events. Dalhausser started playing indoor volleyball late in high school, then played on the club team for the University of Central Florida. He initially worked construction after graduating with a business administration degree in 2002. He made his AVP debut in 2003 (with Lucena), then teamed with Rogers starting in 2005. They won the world title in 2007 and then in 2008 became the third different U.S. men's team to win gold in the first four Olympic beach tournaments. No U.S. men's team has won a medal since. Dalhausser and Rogers split after the 2012 London Games. Dalhausser then teamed with Sean Rosenthal (2013-15) before reuniting with Lucena for his last two Olympics. He was inducted into the International Beach Volleyball Hall of Fame in 2023. Nick Zaccardi,
