Tag Archives: demand

Signature Global’s Q3 Sales Bookings Fall 27% Despite Festive-Season Demand

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Gurugram-based real estate developer Signature Global reported a sharp year-on-year decline in sales bookings for the October–December quarter, a period typically marked by robust housing demand due to the festive season.

In a regulatory filing on Sunday, the company said sales bookings fell 27 per cent to ₹2,020 crore in the December quarter, compared with ₹2,770 crore in the corresponding period of the previous financial year. The number of housing units sold during the quarter plunged to 408, from 1,518 units a year earlier.

Measured by area, sales bookings declined to 1.44 million sq ft, down from 2.49 million sq ft in the year-ago quarter.

The October–December period is traditionally considered one of the strongest quarters for residential real estate sales, driven by festival-related buying. However, the company did not spell out any specific reason for the slowdown in its exchange filing.

Rolls Out New Projects

Industry observers point to the timing of new launches as a possible factor. Signature Global rolled out a major housing project on the Dwarka Expressway only toward the end of December, which may have curtailed sales momentum during the quarter.

For the first nine months of the current financial year, the company’s sales bookings declined 23 per cent to ₹6,680 crore, from ₹8,670 crore in the same period last year. Unit sales during this period also more than halved to 1,746 units, compared with 3,539 units a year ago.

Commenting on the performance, Chairman Pradeep Kumar Aggarwal said the company had delivered a healthy showing in the first nine months of FY26, supported by steady demand across its key micro-markets. He added that the launch of the wellness-focused premium project, Sarvam at DXP Estate on the Dwarka Expressway, had received an encouraging response, underlining evolving buyer preferences.

Signature Global had posted sales bookings of ₹10,290 crore in the previous financial year, ranking it as the fifth-largest listed real estate developer by sales. For the current 2025–26 fiscal, the company has guided for sales bookings of ₹12,500 crore, implying that it will need to clock close to ₹6,000 crore in sales in the ongoing quarter to meet its annual target.

Indigenous protesters block COP30 entrance, demand action from Brazilian Government

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The Munduruku, who live primarily in the Amazon states of Amazonas, Mato Grosso and Pará, are demanding an end to projects and extractive activities that threaten Indigenous territories, particularly in the Tapajós and Xingu River basins.

‘Legitimate’ protests and government response

COP30 Executive Director Ana Toni described the demonstrations as “legitimate” and confirmed that the government is listening. Protesters were directed to meet with the Minister of Indigenous Peoples, Sônia Guajajara, and the Minister of the Environment and Climate Change, Marina Silva.

Ms. Toni highlighted that COP30 has more than 900 Indigenous participants, a significant increase from the 300 registered at last year’s conference in Baku, Azerbaijan.

“Brazil has a strong democracy that allows for different forms of protest, both inside and outside the conference,” she said, adding that hosting COP30 in the Amazon was meant to ensure Indigenous voices are heard.

© UNFCCC/Diego Herculano

Security officers guard the UN Climate Conference venue as the Munduruku Indigenous People protest.

Indigenous youth voices underline urgency

For Indigenous youth participants, the protest reflects both the urgency of their demands and the value of being present at the international conference.

Amanda Pankará, from the Pankará people in Pernambuco, told UN News that COP30 provides a space where Indigenous issues can gain greater visibility.

“We would have much more to contribute if more Indigenous people were participating in these discussions. These demands are valid. We are claiming the right to land, the right to life… Being here today, representing those who haven’t had the opportunity to be here, reinforces our presence and responsibility. We are the ones who create this protective barrier, so we want to be heard.”

Commitment to climate action

During a meeting held on Thursday, many Indigenous leaders described COP30 as the most inclusive climate conference they had attended.

Chilean Indigenous youth Emiliano Medina – from the Mapuche people – who participated in the meeting, said Indigenous representatives reaffirmed their commitment to combating the climate crisis.

He emphasized that protests like Friday’s are a way to present demands and highlight where policies fall short. “Similar demonstrations have been taking place around the world in communities affected by climate change,” he said.

Indigenous Peoples block an entrance to the UN Climate Conference in Belém, Brazil.

‘COP in the Amazon is meant to hear these voices’

Ana Toni stressed that holding COP30 in the Amazon enables broad participation by Indigenous peoples, something that would have been more limited if the event were held in Rio de Janeiro, São Paulo, or Brasília. She assured that the voices of demonstrators are being heard and noted that further demonstrations are expected throughout COP30.

“The purpose of holding a conference in the Amazon is precisely to listen to these demands,” she concluded.

UN News is reporting from Belém, bringing you front-row coverage of everything unfolding at COP30.

From waste pickers to courtrooms: Women demand a gender focus at COP30

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Women’s voices are rising with clarity and urgency, pressing negotiators to ensure the conference leaves a lasting mark on the link between gender and climate policy.  

At the heart of talks is the Belém Gender Action Plan – a proposed blueprint that acknowledges climate change hits women hardest and sets out measures for financing, training, and leadership roles.

“Climate justice only exists when gender equality does too,” says Ana Carolina Querino, Acting Representative of UN Women in Brazil, echoing a sentiment heard across the halls and venues since the summit opened last Monday, 10 November.

If adopted, the plan would run from 2026 to 2034, embedding gender-responsive approaches into just transitions, adaptation and mitigation strategies, and mechanisms for loss and damage.

UN News/Felipe de Carvalho

Nanci Darcolete is an autonomous waste picker from São Paulo and advocacy advisor for Movimento de Pimpadores.

Waste pickers on the frontline of emissions cuts

On the streets of São Paulo, Nanci Darcolete has been a waste picker since 1999.  

Today, she leads Pimp My Carroça, an organisation fighting for the rights of workers who turn discarded materials into resources – preventing mountains of waste from being dumped or burned.

Waste pickers, she says, played a historic role at COP30 by showing how their work slashes emissions and eases pressure on natural resources.  

“We now see how important it is for waste pickers to also work on composting organic waste,” she explains. “That’s going to save municipalities money, provide income for waste pickers, and capture tons and tons of gases [and] delivering major mitigation by removing heavy pollutants from the environment.”

Women leading the recycling chain

In Brazil, women make up most waste pickers and head most cooperatives. Yet they still face racism and gender-based violence on the streets, often while juggling care for homes and families.

For Nanci, climate change is making their work harder. Rising heat and flooding hit low-income neighbourhoods hardest, adding strain to already tough conditions. She wants COP30’s adaptation agenda to recognise waste pickers as “agents of transformation,” with better urban logistics, hydration points, and paid contracts.

Litigation as a weapon for climate justice

Across the Atlantic, 24-year-old Portuguese lawyer Mariana Gomes is using the law as what she calls “the most important tool” to fight the climate crisis. She founded Último Recurso, the group behind Portugal’s first climate litigation case – now leading more than 170 lawsuits.

Mariana believes litigation can turn promises into binding action, especially after the International Court of Justice’s (ICJ) recent opinion requiring states to act to keep global warming under 1.5°C.  

“I believe that in the future we’ll see many lawsuits against States, especially those who must raise ambition, adopt climate laws, and align their targets with the Paris Agreement. Because now, more than ever, we are carrying on our backs the weight of the International Court of Justice,” she tells us.

UN News/Felipe de Carvalho

Portuguese lawyer Mariana Gomes is a social entrepreneur and climate activist.

The right to a clean, healthy environment

Mariana argues citizens can demand their governments guarantee the right to a clean, healthy environment and a stable climate. In Portugal, she is pushing for Municipal Climate Action Plans to help local authorities prepare for droughts, wildfires, floods, and other disasters.

For her, adaptation and mitigation must recognise that climate disasters hit women hardest, increasing risks of gender-based violence, displacement, and care burdens. Litigation, she says, can do more than cut emissions or stop extractive projects, it can unlock funding and compensation for affected communities, protecting women’s rights along the way.

UN News is reporting from Belém, bringing you front-row coverage of everything unfolding at COP30. 

Global demand for meat and dairy set to rise, but climate and nutrition gaps remain

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However, persistent nutritional gaps and mounting environmental pressures reveal a complex path ahead, according to a new study by the UN Food and Agriculture Organization (FAO) and the Organisation for Economic Cooperation and Development (OECD) – an influential international policy forum.

The Agricultural Outlook 2025-2034, released on Tuesday, projects a six per cent increase in global per capita consumption of animal-source foods by 2034 – beef, pork, poultry, fish, dairy and other animal products.  

The trend is most pronounced in lower middle-income countries, where intake is expected to rise by 24 per cent, far outpacing the global average.  

“These projections point to better nutrition for many people in developing countries,” said Qu Dongyu, Director-General of the FAO.

Agricultural Outlook 2025‑2034

Increased incomes, better diets – but not for all

The surge in consumption in middle-income economies is attributed largely to rising disposable incomes, changing dietary preferences and urbanisation. In these countries, daily per capita intake of animal-sourced foods is projected to reach 364 kilocalories, surpassing the 300 kcal benchmark.

At the same time, consumption in low-income countries will remain low – reaching just 143 kcal per day, less than half the amount deemed necessary for a healthy diet – highlighting stark inequalities in access to nutrient-rich diets and the challenges ahead to ensure everyone is food secure.

Mr. Qu urged greater efforts to ensure people in the lowest-income countries also benefit from improved nutrition and food security.

Production expanding but emissions rising

To meet rising demand, global agricultural and fish production is projected to increase by 14 per cent over the next decade, largely driven by productivity gains in middle-income nations.

Output of meat, dairy and eggs is expected to grow by 17 per cent, while total livestock inventories are projected to expand by seven per cent.

However, these gains come at an environmental cost: direct greenhouse gas (GHG) emissions from agriculture are set to rise by six per cent by 2034, despite improvements in emissions intensity.

As production becomes more efficient, the emissions generated per unit of output will decline, but the overall footprint will still grow unless additional measures are taken.

Agricultural Outlook 2025‑2034

Other key findings

  • Cereal yields to grow 0.9 per cent annually, with harvested area expanding just 0.14 per cent per year – half the pace of the last decade
  • By 2034, 40 per cent of cereals will go directly to human consumption, 33 per cent to animal feed, and the rest to biofuels and industry
  • Biofuel demand set to rise 0.9 per cent annually, led by Brazil, India and Indonesia
  • Sub-Saharan Africa’s beef herd projected to grow 15 per cent, though productivity remains just one-tenth of North America’s
  • India and Southeast Asia will drive 39 per cent of global consumption growth by 2034; China’s share falling to 13 per cent from 32 per cent
  • High-income countries to see drop in per capita fats and sweeteners intake due to health trends and policy shifts

A win-win: More nourishment, fewer emissions

The report outlines a scenario in which nourishment improves for all, and agricultural emissions are reduced by as much as seven per cent below current levels by 2034.

Achieving this dual outcome would require major investments to improve productivity, alongside widespread adoption of existing low-emission technologies such as precision farming, improved livestock feed and prioritising nutritional production.

Future progress will depend on a blend of policy coordination, technological innovation and targeted investments – especially in countries where the gap between demand and nutritional value is stark.

“We have the tools to end hunger and boost global food security,” said Mathias Cormann, Secretary-General of the OECD.

“Well-coordinated policies are needed to keep global food markets open, while fostering long-term productivity improvements and sustainability in the agriculture sector.”

Pivotal role for global trade

The Outlook also reiterates the importance of trade, given that 22 per cent of all calories eaten will have crossed international borders by 2034.

“International trade will remain indispensable to the global agri-food sector,” the report stressed.

“Multilateral cooperation and a rules-based agricultural trade are essential to facilitating these trade flows, balancing food deficits and surpluses across countries, stabilising prices and enhancing food security, nutrition and environmental sustainability.”

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Central University Employees meet minister

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A delegation of Central University Non-Teaching employees met Union Minister of State PMO, Personnel, Public Grievances & Pensions, Jitendra Singh in New Delhi on Saturday, Jan. 27, 2018 and demanded resumption of “festival allowance” which, according to them, they were receiving earlier but had got discontinued .

The delegation led by Surjit Manhas, President od Delhi University and College Karamchari Union stated that that non-continuation of festival allowance had affected nearly 4 lakh employees of 44 Central Universities and autonomous bodies all over India, who were earlier getting this bonus/allowance on the occasion of festivals like Deepawali, Dusshera or Eid.

The members of the delegation also presented to the Minister, a memorandum wherein, it was pointed out that whenever in the past, the Government of India passed an order for extension of grant of “Non-Productivity Linked Bonus” to its employees, the order always automatically got implemented also for the Central Universities and autonomous bodies.

However, the order for the extension of the bonus issued for 2015-16 and 2016-17 was not implemented in case of employees of Central Universities and autonomous bodies. Jitendra Singh said that he will seek the views of concerned departments on the issue.

Demand for Coffee Can Create Rift with Poorer Nations: Study

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The explosion in worldwide coffee consumption in the past two decades has generally not benefitted farmers of coffee beans in poorer nations along the equator, said a new study.

A University of Kansas (KU) researcher studying trade and globalization has found that the shift to “technified” coffee production in the 1970s and 1980s has created harsher economic and ecological consequences for heavy coffee-producing nations, such as Honduras, Colombia, Guatemala, Brazil, Vietnam and Ethiopia.

“Historically, coffee has been exploited by the West in various ways, because it’s consumed in rich countries, and grown in poor ones,” said Alexander Myers, a KU doctoral candidate in sociology.

Myers will present his study, “Trading in Crisis: Coffee, Ecological Rift, and Ecologically Unequal Exchange,” at the 110th Annual Meeting of the American Sociological Association (ASA). The paper examines how the shift to technified coffee for mass production and to meet greater demand hurt peasant farmers of those countries and had a major ecological influence there, especially with the amount of water required for the crops.

Myers said the shift to technified coffee production changed the process to look more like traditional large wheat or soybean farms in the United States as opposed to allowing coffee plants to grow in smaller shaded areas. The latter process used much less water, for example, and it allowed farmers to diversify their crops and use their land to plant other crops as well.

Technified production requires farmers to exclusively grow coffee.”Especially these peasant farmers who maybe have a small plot of land, they rely almost exclusively on coffee sales to sustain themselves,” Myers said.

Major drops in commodities prices of coffee beans to around $0.50 per pound in 2001 nearly wiped out economies of those nations, for example.”That really hit the famers hard, and it caused a lot of these family farms that have historically relied on coffee to keep themselves afloat,” Myers said.

The technification of coffee production also required a new type of coffee bean to grow effectively, but the process also required much more water to produce. Some ecological researchers have estimated the average cup of coffee takes 140 liters of water to grow.”It’s very taxing environmentally,” Myers said.

The fair trade movement in the past two decades has helped to offset somewhat both the economic and ecological changes, especially for poorer farmers in developing countries. Myers said such movements could help raise awareness especially among coffee drinkers in Western nations.

“What we do matters. The choices that we make, the products that we buy have an impact on somebody,” he said. “Sometimes it’s a good impact. Sometimes it’s negligible or negative. But they do have impacts, so just trying to keep that in mind is important, especially in researching what is behind these consumption choices.”