Department Financial News

05.01 / 19:36

UPS Provident MET reports Department record high Delhi's peak winter power demand hits record high amid cold spell

Delhi's peak winter power demand to an all-time high of 5,559 MW on Friday at 11.05 am, according to real-time data from the State Load Dispatch Centre. The previous highest peak demand in the national capital was 5,526 MW on January 6, 2023. BRPL (BSES Rajdhani Power Limited) and BYPL (BSES Yamuna Power Limited) successfully met peak power demand of 2,379 MW and 1,136 MW respectively in their areas, said a BSES spokesperson.

05.01 / 19:34

FIVE President War information Department US seeks information on Hamas financiers amid Gaza war, offers $10 million reward

Palestinian militant group's financial mechanisms, the State Department said on Friday. The reward offering follows four rounds of U.S. sanctions on Hamas after the group's deadly incursion into Israel on Oct.

05.01 / 19:27

isolate Department Updates Weather Update: IMD issues ‘cold day’ alert for these states in north India, check details

ALSO READ: Delhi weather: Dense fog, low visibility result in delay of 26 national capital-bound trains According to the IMD data, Delhi recorded a maximum of 13.8 degrees Celsius at Palam (departure of -4.9 degrees Celsius), Chandigarh recorded a maximum of 14.3 degrees Celsius (departure of -3.9 degrees Celsius), Haryana's Ambala recorded a maximum of 10 degrees Celsius (departure of -7.5 degrees Celsius) and Punjab's Patiala recorded a maximum of 11.1 degrees Celsius (departure of -7.5 degrees Celsius). Earlier, the minimum temperatures, recorded at 8.30 am on Friday over the past 24 hours, ranged between 6-10°C across most parts of Punjab, Haryana-Chandigarh-Delhi, West Rajasthan, and certain areas in East Rajasthan and West Uttar Pradesh.

05.01 / 19:03

markets UPS economy Healthcare hospital reports Department US economy cranks out jobs at brisk clip in December; wages increase

By Lucia Mutikani

05.01 / 17:16

COST Provident Manufacturing wellness Microchip President Department Biden administration announces $162 million to expand computer chip factories in Colorado and Oregon

President Joe Biden's administration is providing $162 million to Arizona high-tech manufacturer Microchip Technology to support the domestic production of computer chips

05.01 / 17:14

markets wellness trends Experts country 2020 Department end Jobless rate for Black Americans declines to 5.2% to end 2023 on a positive note

The unemployment rate for Black Americans fell significantly in December, closing out 2023 on a positive note, according to data released Friday by the Department of Labor.

05.01 / 17:12

UPS country social Department gatherings prevention Farmers prevent Germany's vice chancellor leaving a ferry in a protest that draws condemnation

A group of farmers prevented Germany’s vice chancellor from disembarking a ferry hours after the government partially climbed down on cost-saving plans that had infuriated the agricultural sector

05.01 / 17:08

markets COST President Department patient medicines Pharmaceuticals US regulators Florida can import prescription drugs from Canada, US regulators say

Federal officials have cleared the way for Florida to begin importing cheaper prescription drugs from Canada

05.01 / 17:08

Provident Coronavirus Bill pandemic students Department Courts The Biden administration cuts $2M for student loan servicers after a bungled return to repayment

The Biden administration is docking more than $2 million in payments to student loan servicers that failed to send billing statements on time after the end of a coronavirus pandemic payment freeze

05.01 / 16:58

pandemic Diversity reports Department International White House's Bernstein: 'limited' impact from Red Sea

(Reuters) — The conflict in the Middle East and the disruption to shipping in the Red Sea have so far had only «limited» impact, White House Council of Economic Advisers Chair Jared Bernstein said on Friday, adding that U.S. officials will continue to monitor the situation.

05.01 / 16:55

UPS Provident Platform social innovations information Department 817 startups enroll for Karnataka's startup programme ‘Elevate 2003’, says Priyank Kharge

Karnataka's information technology minister Priyank Kharge on Friday announced that 817 startups have enrolled for Elevate 2023, the state's programme for backing startups with disruptive ideas. The response underscored Karnataka's status as the most favourable environment for innovation and entrepreneurship, the minister said in a post on social media platform X. «The Government of Karnataka is committed to supporting startups’ growth by providing comprehensive assistance in every possible manner,» he added.

05.01 / 15:06

MET Department Delhi's peak winter power demand hits all-time high amid cold spell

Delhi pushed the national capital's peak winter power demand to an all-time high of 5,559 MW on Friday, discom officials said. According to real-time data from the State Load Dispatch Centre, Delhi's peak winter power demand clocked 5,559 MW at 11.05 am.

05.01 / 15:05

UPS Assurant voice information Department Schools Assam hit by 12 hr driver protest against new hit-and-run law, disrupting transport services

Guwahati: In Assam the 12-hour state-wide driver protest seeking the scrapping of the new hit-and-run law caused massive disruption in the transportation of goods and passenger service. In Shillong tourist taxis across joined the strike. Following discussion with the transport department the drivers’ body has decided to shorten the strike from 48 hour to 24 hours.

05.01 / 15:05

Action Justice Department Courts Investigations Delhi HC asks CBI and DRI to look into allegations of over-invoicing of equipment by Adani Power

DRI) to look into the allegations of over-invoicing of equipment by Adani Power will not apply till the Supreme Court decided a review petition filed in a related case. A Division bench comprising justice Suresh Kumar Kait and Neena Bansal Krishna noted that Adani Power’s submissions that the department (revenue) has filed a review in the SC. “Accordingly, till then, direction given in paragraph 52 (directing the CBI to look into over invoicing allegations) shall not be applicable in case of Adani Power,” it said. A review petition filed by the Revenue department against dismissal of its appeal last year is pending before the apex court.

05.01 / 15:03

UPS Citi economy Food country reports Department The temple of development: How Ayodhya will prove to be an economic boost

Ayodhya has proved that they can actually be mutually inclusive. The Ram temple is not just about religion, but business and economy too. Addressing a public meeting in Ayodhya recently, Prime Minister Narendra Modi said that the campaign for making India a developed country is getting a new speed from Ayodhya.

05.01 / 14:37

markets UPS economy show reports Department US economy adds 216,000 jobs in December, beating expectations

Harris Financial Group managing partner Jamie Cox predicts the latest job report numbers will show signs of 'moderating.'

05.01 / 14:23

markets UPS economy Election show Department US adds 216,000 jobs as hiring picks up, unemployment steady

US job growth surged unexpectedly in December, government data showed Friday, wrapping up a solid year for the labor market even as voters remain gloomy about the economy ahead of November's presidential election. The world's biggest economy added 216,000 jobs in the final month of 2023 despite expectations of a slowdown from the prior month, according to Department of Labor data.

05.01 / 12:41

CEO Align Highways reports Department Traffic International Noida authority plans new parallel highway to decongest Noida-Greater Noida Expressway

Noida Authority, RITES, the National Highway Authority of India (NHAI), and the irrigation department have concluded an extensive study for a novel expressway along the Yamuna. This expressway aims to serve as a bypass for the existing Noida Expressway, strategizing to accommodate the surge in population attributed to the burgeoning corporate presence and the impending Noida International Airport, scheduled to commence operations this October.

05.01 / 12:39

Citi MET FIVE Extreme Yellow Department week Delhi's bone-chilling cold spell to continue for next week

Delhi Winter: Cold is expected to persist in Delhi for the next three days as the city recently witnessed its coldest day conditions in two years. A layer of lifted fog throughout the day, coupled with frosty northerly winds, contributed to the chill, with the maximum temperature at Safdarjung plummeting to 12.5 degrees Celsius, marking a 'severe cold day' as per the Indian Meteorological Department.

05.01 / 12:14

Target Sustainability Enterprise 2020 reports Department guidelines Hat-trick on cards? Dividends from CPSEs may cross ₹50,000 crore this year too: Report

central public sector enterprises (CPSEs) are likely to cross ₹50,000 crore during the current fiscal for the third year in a row. It has already exceeded the Budget Estimate (BE) during the current fiscal year, reported Business Line. However, disinvestment proceeds from CPSEs are likely to remain below the Budget Estimate.

05.01 / 09:45

ADP trends Trade show track reports Department week Dollar set for positive week ahead of monthly jobs report

Investing.com — The U.S. dollar gained in early European trade Friday, on course for its strongest week since July ahead of the release of the widely-watched monthly official jobs report.

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