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Proposed stablecoin legislation is unlikely to be tacked onto the must-pass Federal Aviation Administration’s (FAA) reauthorization bill despite attempts by Representatives Maxine Waters and Patrick McHenry, a Democratic aide on Capitol Hill revealed Tuesday.

Some Kansas lawmakers see a chance to lure Kansas City’s two biggest professional sports teams across the Missouri border, but an effort to help the Super Bowl champion Chiefs and Major League Baseball’s Royals finance new stadiums in Kansas fizzed

released the final voter turnout figures for the first two phases of the Lok Sabha elections on April 30. The announcement came 11 days after the first phase polling on April 19, and four days after the second phase on April 26. According to the poll panel’s data, the voter turnout for the first phase of polling was 66.14 per cent, marking a drop of about 4 percentage points compared to the first phase in the 2019 Lok Sabha Elections.

Supreme Court order of 2012, which ruled that frequencies had to be auctioned as they were a national resource, a senior official said. “We just wanted to keep the court informed. That purpose is served. There was no prayer to change the judgement,” the official said. The Supreme Court registrar last week didn’t accept the government’s plea for allowing the administrative allocation of spectrum in some special cases.

As per a Times of India news report, “The need to reclassify KYCs under various categories arose after it was found that KYCs of many investors were still not updated with PAN and Aadhar, and the linkages were missing. Several of these KYCs were done using documents like utility bills (electricity, telephone), bank account statements etc., which are no longer accepted as valid documents for KYC compliance by Sebi.” The report further said, “Of nearly 11 crore investors, about 7.9 crore or 73% have valid KYC. KYCs of about 1.6 crore investors are under the registered category, who now have limited access to investing, while 12% of the total can’t operate their demat accounts and MF folios.”

The Biden administration’s move to reclassify marijuana as a less dangerous but still controlled drug was hailed as a monumental step in reshaping national policy

Supreme Court registrar hasn't accepted the government's plea for allowing the administrative allocation of spectrum in some special cases, marking a setback for the Centre. The apex court had ruled that frequencies had to be auctioned as they were a national resource in the 2G spectrum allocation case in 2012. The registrar said the government was seeking a review of the 2012 order «in the guise» of seeking clarifications and said the move was «misconceived», adding that there was no «reasonable cause» for entertaining the plea and that too after a lengthy period of time. «I refuse to receive the present miscellaneous application (MA), as it does not disclose any reasonable cause for being entertained,» Pavanesh D, registrar, judicial listing, said in the order that ET has seen. «Accordingly, it is declined to be received under the provisions of Order XV Rule 5 of the Supreme Court Rules, 2013.»

Florida is on the verge of repealing what’s left of a 16-year-old law that puts climate change as a priority when making energy policy decisions

By Siddharth Singhal

5 Money Changes in May 2024: Two major banks, ICICI Bank and YES Bank, are set to revise their charges for savings accounts from May 1. YES Bank and IDFC First Bank credit card holders will have to shell out extra 1% fee now on all utility bill payments. In the fixed deposit space, HDFC Bank will end its special FD offer for senior citizens on May 10.

Explosives Bill, 2024 in place of the Explosives Act, 1884 which it seeks to repeal. In a note for public consultation, the Department for Promotion of Industry and Internal Trade (DPIIT) has sought to increase fines for violation of provisions and further streamline the process of grant of licences. Explosives include gunpowder, nitoglycerine, nitroglycol, di-nitro-toluene, and picricacid. As per the proposed Explosive Bill 2024 bill, the Central Government shall prescribe the authority competent to grant, suspend or revoke a licence and to perform certain other functions under the new Act.

A growing number of cities are passing tax increases to expand access to child care

Congressional negotiators have agreed to help the Federal Aviation Administration hire more air traffic controllers and safety inspectors

The IMF says it will immediately release the final $1.1 billion tranche of a $3 billion bailout to Pakistan

A solar inverter converts the direct current generated by solar panels into alternating current which is used to power your household appliances. However, a solar charge controller regulates the voltage and current from solar panels to charge batteries. If your existing inverter is compatible with solar power input, you can simply buy a solar charge controller but in an otherwise case, go for a solar inverter.

Also read: India's oil imports from Russia drops 19% in February, Saudi Arabia 2nd largest supplier According to an ICRA report based on data from the ministry of commerce and industry, the value of India's oil imports fell by 15.2% year-on-year to $162.4 billion during April-February of FY24. This decrease could be attributed to a combination of factors, including a reduction in international crude oil prices and savings from the purchase of discounted Russian crude oil.

Also Read: Best FD rate? This bank is offering 9.25% on fixed deposits for senior citizens ICICI Bank has recently revised the service charges for various services, including cheque book issuance, IMPS, ECS/NACH Debit Returns, stop payment charges, and more. These updates are scheduled to come into effect from May 1, 2024, as announced on the ICICI Bank website. Stay informed to avoid any surprises!Also Read: ICICI Bank account holders alert! These 10 service charges to change from next month.

Russian lawmakers are poised to legalize the nation’s burgeoning industrial crypto mining sector, but could impose strict limits on home-based “private” miners.

Bihar deputy CM and BJP leader Samrat Choudhary in an interaction with ET dismissed the notion that low voter turnout would impact the NDA while expressing confidence that the difference between the NDA and the opposition is high. He further added that low voting percentage won't impact the NDA in terms of winnability of seats. «Where is the new vote going to the opposition? In Bihar, the fight is at 80:20. Therefore, low polling is not going to impact us. In fact, we are determined to do better than 2019,» Choudhary told ET. In 2019, the NDA had won 39 of the 40 Bihar seats with JDU and LJP as their allies. The BJP leader said that there are around 20 seats in Bihar where the opposition has almost given a walk over. Talking about JDU joining the NDA again, Choudhary said the alliance is natural with a strong vote bank.

ALSO READ: Boeing plane makes emergency landing in New York after exit slide falls off The warm investor reception the deal is getting “may say more about strong demand for new issuance than the prospects for Boeing credit," said Bill Zox, a portfolio manager at Brandywine Global Investment Management. Moody’s also has the company’s outlook at negative, and all three of the graders now have Boeing at a step above high yield. Boeing Chief Financial Officer Brian West said last week during a conference call that he intends to protect the company’s investment-grade rating, and that the company still has access to $10 billion in untapped credit lines.

Improving your CIBIL score, or any credit score for that matter, typically takes time and consistent financial behaviour. While it's challenging to make significant improvements in just one month, there are still some actions you can take that may positively impact your CIBIL score over time. Here are some steps you can consider: