Bill Financial News

Union Pacific's first-quarter profit crept 1% higher and topped Wall Street expectations as the railroad tightened up on expenses even though it delivered slightly less freight

Cred on Thursday said it has launched offline retail payments at large format stores. It has completed the pilots and will roll out the solution at select merchant outlets throughout this year. The Peak XV-backed startup, which has been pushing its UPI payments feature aggressively, wants its customers to start using the app to scan QR codes at premium retail outlets. These include supermarkets, quick-service restaurants, salons, fashion and other lifestyle retailers. The product is mostly targeted at merchants who have a large ticket size average transaction and their customers typically pay with credit cards.

Bengaluru, several businesses are providing incentives for voters’ engagement in the democratic process on Friday. Over 1 crore individuals are eligible to vote in Bengaluru. To motivate them to utilize their privilege, numerous hotels, pubs, and taxi aggregators have declared discounts, freebies, and complimentary rides. «They will have to show their inked index finger to avail the benefits.» This is not the first instance of such initiatives being publicized. Nisarga Grand Hotel on Nrupatunga Road is providing voters on polling day with complimentary butter dosa, ghee rice, and a beverage.

₹10.5 lakh as per today’s exchange rate) a day. They said, ‘Yes, you’re right. We can’t afford you’." Everyone burst into laughter hearing the incident.

Short duration funds invest in treasury bills, commercial papers, certificates of deposits and so on to take care of their liquidity needs. They also invest in corporate bonds, government securities, among others. According to the Sebi mandate, short duration funds can invest in debt instruments with maturity between one and three years. That means these schemes are meant for short-term investments of up to three years or more. They are somewhat in the middle when it comes to interest rate risk. They are riskier than liquid, ultra short term, and low duration funds. However, they have a lower risk compared to medium duration and long-term funds. Also Read |NFO Watch: How are new kids on the block performing a month after the launch?

Saskatchewan Premier Scott Moe on Wednesday that the Canada Revenue Agency is “very, very good” at getting the money it’s owed.“Having an argument with CRA about not wanting to pay your taxes is not a position I want anyone to be in,” he said at a press conference in Oakville, Ont.“Good luck with that, Premier Moe.”The Saskatchewan premier has pledged his province will not send Ottawa the money it collects from the federal carbon price on natural gas — a move that breaks federal law.The jurisdictional spat began when the Liberals created a temporary exemption to the carbon price for home heating oil.The Saskatchewan government said that’s unfair and politically motivated because the exemption has an outsized impact in Atlantic Canada, where oil is the main fuel source for home heating.Moe’s government has called for a similar exemption on natural gas, the primary home-heating fuel in Saskatchewan.He has also been a vocal opponent of the carbon levy more broadly and counts himself among a majority of premiers who have written to Trudeau seeking a meeting to talk about alternatives to the carbon price.Trudeau has rebuffed calls for such a meeting and challenged premiers to come up with their own climate plans if they don’t like the federal carbon price, pointing to British Columbia and Quebec as examples of provinces with their own system.The prime minister confirmed Tuesday that his government will keep sending carbon rebate cheques to people in Saskatchewan.On Wednesday, he reiterated that most people in jurisdictions that use the federal carbon price get more back in rebates than they pay each year.“CRA is an independent organization that is very, very good at getting money it is owed from Canadians, from businesses and

American credit ratings firm S&P Global said that a change in rules under the Lummis-Gillibrand Payment Stablecoin Act could see U.S. stablecoin adoption soar as the regulatory framework could bolster confidence.

Canada’s biggest Indigenous-owned bank is planning a major expansion that will raise as much as $50 million to reach more customers.

The big U.S. aid package for Ukraine and other allies that President Joe Biden signed Wednesday also allows the administration to seize Russian state assets located in the U.S. and use them for the benefit of Kyiv

The Democratic governor in Kansas has vetoed a broad package of tax cuts for the second time in three months

The Missouri House has passed legislation that could protect chemical manufacturer Bayer from some lawsuits alleging a popular weedkiller causes cancer

President Joe Biden’s signing of legislation that could ban TikTok in the U.S. runs counter to his campaign’s embrace of the platform and outreach to influencers

Oracle Corp. CEO Larry Ellison says the business software giant’s planned campus in Nashville, Tennessee, will serve as its world headquarters and place it in a city that's a center of the health care industry

Speakers Agnija Gailane, product manager for open banking platforms at Nordea, and Piers Marais, global head of product of embedded cross-border solutions at Visa, spoke in the session titled: ‘Data privacy and Consumer Duty - how to improve open banking with API integration’.

«There is nothing like a divide for two wheelers between rural and urban. Some of the most low-priced vehicles, two wheelers are bought in urban areas and some of the more expensive motorcycles are bought also in rural areas,» says Rakesh Sharma, ED, Bajaj Auto. Things are looking good. Growth is back. Margins are 20% and market share is intact. Well, market share has improved. But yes, for the moment, things are looking good. I hope they stay this way.

President Tsai Ing-wen said on Wednesday she was happy the U.S. Congress had passed a sweeping foreign aid package which includes arms support for the island, as China urged Washington to stop selling weapons to Taipei. The United States is Taiwan's most important international backer and arms supplier even in the absence of formal diplomatic ties. China, which views Taiwan as its own territory, has repeatedly demanded arms sales stop. The Senate approved by 79 to 18 four bills passed by the House of Representatives on Saturday, after House Republican leaders abruptly switched course last week and allowed a vote on the $95 billion in mostly military aid for Ukraine, Israel and Taiwan and U.S. partners in the Indo-Pacific.

ET Wealth Online explains how to use multiple credit cards.

More people are using so-called Earned Wage Access apps to get money to pay bills and buy groceries in between paydays

New Jersey is incentivizing taxpayers who work from home for New York based employers to sue New York in court for taxing their wages

The Senate has passed legislation that would force TikTok’s China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S. lawmakers that’s expected to face legal challenges and disrupt the lives of c...

Joe Biden will sign a bill of national security package to deliver a long-delayed $95 billion emergency aid for Ukraine, Israel, and Taiwan on April 24. The Senate passed the aid for besieged US allies on Tuesday night, clearing the way for resumed arms shipments to Kyiv within days. “Congress has passed my legislation to strengthen our national security and send a message to the world about the power of American leadership: we stand resolutely for democracy and freedom, and against tyranny and oppression," the statement read.