Bill Financial News

Adani Solar on Friday said it will be expanding its business in Kerala as the southern state has huge potential in the solar energy market. As part of its expansion plans, the company, which is the solar PV manufacturing arm of Adani Group, signed an MoU with Kochi-based Almiya group, a reputed solar distributor, as its official partner in the state. Adani Solar said it will be installing a 225 MW solar power plant in Purapura in one year and has set up a warehouse in Coimbatore for faster delivery of the panels in Kerala and Tamil Nadu. «We are expanding our business in Kerala. In 2023 alone we could establish solar panels for 70 MW in Kerala. Kerala has a huge potential in the solar energy market and Adani Group has very big plans for Kerala,» Cecil Augustine, National Sales Head of Adani Solar said at a press conference.

Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending

The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live events in America — squelching competition and driving up pr...

New York is setting aside $90 million in tax credits for local news outlets to hire and retain journalists

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Applying for your first credit card is a significant financial milestone. It can help you build your credit history, manage expenses, and even earn rewards. A credit card is a financial tool issued by banks that allows you to borrow interest-free money up to a certain limit to make purchases or withdraw cash. However, you must repay the borrowed amount within a stipulated period, usually with interest, if not paid in full by the due date.

Financial products are usually meant for young generations as they understand the technology well and can use them more appropriately. That is, however, fast becoming a thing of the past. These days even seniors have started using financial products more frequently. For instance, the adoption of credit cards by all age groups has become a new trend now. Many senior citizens like to have credit cards and keep spending based on their requirements.

Top news of the day: On 24 May, a series of events are set to take place right from politics to business. Flipkart said that it will be adding internet major Google as a minority investor. Hindalco reported a 32% year-on-year jump in its consolidated net profit to ₹3,174 crore for the quarter ended March.

The Financial Innovation and Technology for the 21st Century Act’s (FIT21) approval on Wednesday would align the US with other nations in terms of its regulatory framework for crypto, according to Kyle Bligen, director of financial policy at the Chamber of Progress.

Tata Power Co. is planning to raise as much as $1 billion-equivalent for clean energy projects, in what could be the country’s largest local currency loan this year. The unit of Tata Group, one of India’s largest conglomerates, is in talks with lenders including State Bank of India, IndusInd Bank, Axis Bank and ICICI Bank for the loan, people familiar with the matter said, asking not to be identified as the information is private. India’s largest local currency loan so for this year was Assam Bio Refinery Pvt.’s deal of $365 million in February. If Tata Power’s planned borrowing finalizes with a size anywhere near $1 billion, it would take that title.

The US House on Thursday approved a bill that prohibits the Federal Reserve from issuing a digital dollar, or central bank digital currency (CBDC), without explicit authorization from Congress.

State lawmakers first attempts at regulating discrimination from artificial intelligence have floundered in states across the country

House representatives from both political parties are calling on the SEC to approve applications for Ether spot ETFs, with the key decision expected later today.

Raymond James is further solidifying its presence in the northeast as it welcomes a team from Merrill Lynch to its employee advisor channel.

Proposed new legislation that aims to address uncertainty and regulation of digital assets “by enforcement” was passed by the House of Representatives yesterday, but the SEC chair is concerned.

The US House on Wednesday voted in favor of crypto-friendly legislation (FIT21) that would hand control of cryptocurrency oversight to a government agency seen as more favorable to the industry.

NBC is working on a new comedy series based on the cult classic film «Car Wash» from 1976. The series, produced by Malcolm D. Lee of «The Best Man» franchise, and written by Opey Olagbaju, known for work on «Bob Hearts Abishola» and «Close Enough,» will explore the lives of an immigrant family and their diverse group of employees at a modern-day DC car wash. Plot

The Financial Innovation and Technology for the 21st Century Act (FIT21), if passed, would establish a regulatory framework for digital assets, covering areas such as consumer protections, the use of crypto in illicit finance.However, SEC chair Gensler warns that the bill would remove investment contracts that are recorded on a blockchain from the statutory definition of securities."Further, by removing this set of investment contracts from the statutory list of securities, the bill implies what courts have repeatedly ruled - but what crypto market participants have attempted to deny - that many crypto assets are being offered and sold as securities under existing law," says Gensler.The Biden administration has also come out against the bill, saying that, in its current form, it "lacks sufficient protections for consumers and investors who engage in certain digital asset transactions".Continues the statement: "The Administration looks forward to continued collaboration with Congress on developing legislation for digital assets that includes adequate guardrails for consumers and investors while creating the conditions needed for innovation, and further time will be needed for such collaboration."In contrast, Republican presidential candidate Donald Trump and major crypto firms including Gemini, Kraken, Coinbase and the Digital Currency Group all back the bill.Glenser adds: "The crypto industry’s record of failures, frauds, and bankruptcies is not because we don't have rules or because the rules are unclear. It’s because many players in the crypto industry don’t play by the rules.

Ericsson expects significant use cases to emerge in India for 5G services that will drive densification of telecom networks in the country, a senior company official said on Wednesday. Ericsson India Managing Director Nitin Bansal, at a company's event to showcase 5G technology, said the company is actively engaging with academia, partners, and ecosystem players to develop relevant India-specific use cases. «Significant use cases will emerge in India within the next 12 to 24 months, facilitated by the network slicing capability of 5G technology,» Bansal said. India continues to be a strategic market for us and the second-largest market for Ericsson, he added.

A bill before California lawmakers would require new cars sold in the state in coming years to beep a warning whenever drivers exceed the speed limit by at least 10 mph