UPS Financial News

NEW DELHI : The World Bank plans to provide a $1 billion line of credit to the State Bank of India (SBI) to support the expansion of Battery Energy Storage Systems (BESS) and electric mobility in the country, two people aware of the development said, a move that helps India quicken its green energy transition. The proposal aims to help attract early investments and mobilize private capital and commercial financing. The amount will be disbursed in tranches.

Large property developers across India have stepped up efforts to incorporate water conservation measures into projects, aiming to mitigate environmental impact and this is prompting other small and mid-sized developers to implement these measures. According to brokers operating in various property markets, these measures are turning out to be a key differentiator for conclusion of sales transactions.

Employbridge’s Joanie Bily explains what the March jobs report says about the state of the U.S. economy on 'Making Money.'

FreightWaves founder and CEO Craig Fuller discusses whether the U.S. is facing a transportation crisis and addresses Boeing's problems on 'Making Money.'

Chennai Super Kings (CSK) in Chennai, the flight searches on the portal had gone up 33 per cent month-on-month. Similarly, demand for flights to Lucknow had increased by 29 per cent when Lucknow Super Giants (LSG) and Gujarat Titans (GT) were to clash there on April 7.

OKLAHOMA CITY—Scot Matteson’s team came before this city’s planning commission last week seeking to tweak a development he plans to build in a parking lot hard up against a railroad track and wrapped around two sides of a U-Haul storage facility. Instead of capping the buildings at the Boardwalk at Bricktown at 345 feet, he’s now thinking one should top out at 1,907—more than twice the height of the tallest building in town, and the biggest in the U.S.

Mint reached out to all 12 professionals against whom disciplinary orders were issued this year. One them alleged the order was “arbitrary" while another questioned the way IBBI uses its power. In yet another case, involving the suspension of registration for two years, the professional has moved the Madras High Court initiating contempt of court proceedings against IBBI officials.

A post shared by Shikhar Dhawan (@shikhardofficial) Earlier, Dhawan could not play against the Rajasthan Royals on Saturday in the Indian Premier League match as he sustained an injury in the form of a niggle recently. The former Indian left-handed opener had seen ups and downs in personal life. Following his divorce from his wife Aesha Mukerji on 4 October 2023, he even had to part ways with his son.

U.S. Federal Aviation Administration issued a ground stop advisory on Wednesday for Alaska Airlines, saying: «All Alaska mainline and subcarrier flights ground stopped.» In a separate statement, the FAA said the carrier «asked the FAA to pause the airline's mainline departures nationwide.» It did not provide a reason for the stoppage.

Whether you're planning a camping trip, hosting a backyard barbecue, or simply want to relax on your porch without swatting away mosquitoes, there's a mosquito tent to suit your needs. Go through these 10 must-have mosquito tents under 1000 that prioritize both indoor and outdoor comfort, ensuring you can enjoy your time outdoors without the nuisance of mosquito bites.

Biocon on Wednesday said it has tied up with Brazil-based Biomm SA for the commercialisation of its diabetes drug in the Latin American nation. Under the terms of the agreement, Biocon will undertake the development, manufacturing and supply of Semaglutide (gOzempic), and Biomm will be responsible for obtaining regulatory approval and commercialization in the Brazilian market. Biomm focuses on developing, manufacturing and commercialising complex biotech and biosimilar drug products at its production facility in Nova Lima. «Our partnership with Biomm marks another important step forward in our strategy to expand our global footprint beyond the US and Europe for Peptides,» Biocon CEO and MD Siddharth Mittal said in a statement.

Kerala's Idukki on Wednesday. Samir V Kamat, Secretary, Department of Defence--Research and Development (R&D)--and Chairman, DRDO, inaugurated the platform at Underwater Acoustic Research Facility in Kulamavu in Idukki, a Defence Ministry release said. According to the release, SPACE, set up by the Naval Physical & Oceanographic Laboratory of DRDO, has been designed as a premier testing and evaluation hub for sonar systems destined for Indian Navy onboard various platforms, including ships, submarines and helicopters.

BSP National Co-ordinator and party chief Mayawati’s nephew Akash Anand is virtually leading the party campaign in the 2024 Lok Sabha elections as she appears to have taken a back seat. Anand spoke with Rakesh Mohan Chaturvedi on a host of issues. Q: BSP had contested the 2019 general elections in alliance with SP and RLD, winning 10 seats. Why fight alone this time? A: If you look at 2014 and 2019 data, we were hovering around 19% percent. On cutting into Opposition votes, we want to make absolutely clear that when we contest alone we maintain our vote-share but in alliance our partner cuts into our vote-share, helping BJP. We are quite confident and competent this time. Does BSP feel that though it is able to transfer its vote to its pre-poll ally, its partners like SP or RLD do not? Historically, it is very clear that BSP is able to divert its votes to its alliance partner, but the same cannot be said for the other side.

Agnikul Cosmos, Bellatrix Aerospace, Skyroot Aerospace, Dhruva Space, Pixxel, SatSure and Digantara to meet Tesla and SpaceX chief Elon Musk in New Delhi on Monday. A group of startup executives and Indian Space Research Organisation (ISRO) officials visited SpaceX’s facilities in Hawthorne, California, last month as a part of the US Department of State's International Visitor Leadership Programme.

ESPNCricinfo had reported that Warner may not be available for the important IPL clash for DC againt GT. But during the toss, DC skipper Pant confirmed that Warner needs some time to recover and will not be part of the Playing XI. ALSO READ: IPL 2024: Delhi Capitals' Ricky Pointing opens up on trophy winner, says 'It will be won by the team...' Delhi Capitals won the toss and chose to field to field.

At a waste-management facility in Morrisville, Pa., workers load incinerated trash into industrial machinery that separates and sorts metals, then sends them to get hosed down. The reward: buckets of quarters, dimes, nickels and pennies. Americans toss as much as $68 million worth of change each year, according to Reworld.

ALSO READ: RCB vs SRH: Travis Head slams fourth fastest century in IPL history, inches closer to unique record in tournament Earlier in the day, while addressing a pre-match press conference, Pointing said, "Sunrisers Hyderabad are obviously responsible for a couple of those big scores. KKR got 260-odd (272 for 7) against us. I think the impact player is having a big effect on the way teams are batting.

Companies that unlock new bitcoins are revamping their businesses to depend less on the cryptocurrency ahead of a supply contraction that will cut profits in half. The crypto industry is holding its breath for an event called the halving, an adjustment to the bitcoin blockchain that cuts in half the number of bitcoins that can be unlocked by miners. The change, which takes place every four years, will halve the number of bitcoins released on average every 10 minutes to 3.125 from 6.25 on or around April 19.

Multiple people have been arrested in connection with the largest gold heist in Canadian history at Toronto Pearson airport last year, Peel Regional Police say.

Companies that unlock new bitcoins are revamping their businesses to depend less on the cryptocurrency ahead of a supply contraction that will cut profits in half. The crypto industry is holding its breath for an event called the halving, an adjustment to the bitcoin blockchain that cuts in half the number of bitcoins that can be unlocked by miners. The change, which takes place every four years, will halve the number of bitcoins released on average every 10 minutes to 3.125 from 6.25 on or around April 19.

Thuglak, a Tamil political magazine. Political pundits are not clear if the groundswell for BJP in Tamil Nadu is large enough to secure one or more seats in the coming general elections—the state will vote on 19 April. If the party does manage to do so, it would have crossed the final frontier in its drive to become a truly national party.