Comment this story Comment The “unifying framework” followed by the United States Bureau of Labor Statistics in designing the consumer price index, according to the agency’s manual of methods, is to attempt to answer this question: What is the cost, at market prices for that month, of reaching the standard …
Read More »Compression: how long will the pain last?
Rishi Sunak ushered in a new era of austerity, not just Osborne-style spending cuts, but also tax hikes. Its chancellor, Jeremy Hunt, says the plan is not just to balance the books but to control inflation, and so that will be the theme of the Sunak years: austerity 2.0. Throughout …
Read More »I have a rally in China to sell you
This article is an on-site version of our Unhedged newsletter. Sign up here to receive the newsletter straight to your inbox every weekday Hello. Why is bitcoin still trading near $17,000? We think the flagship cryptocurrency would have been hit harder by the (now completely crazy) story of FTX. Is …
Read More »Tough roster decisions await LAFC as it sorts through player contracts
The eventual MLS Cup champion LAFC celebrates after their victory over Austin FC in the Western Conference final October 30 at Banc of California Stadium. (John McCoy/Associated Press) John Thorrington hadn’t even finished washing the champagne out of his hair after celebrating last Saturday’s MLS Cup victory before the LAFC …
Read More »Community Health Systems (CYH) Q3: downward operating trends continue
Andresr Investment Summary Following its third quarter numbers, I reiterated the thesis on Community Health Systems, Inc. (NYSE: CYH). As we continue to increase the quality spectrum at HB Insights, we are looking for selective opportunities to add tactical alpha, as well look for suitable longs and shorts in the …
Read More »Deposit rates could rise 105 bps due to 190 bps hike in repo rate: SBI report
With a current and savings account (CASA) deposit share of 45% in the banking system, a 190 basis point (bp) increase in the repo rate could at best result in a 105 bp increase in rates deposit. Indeed, only 55% of term deposits would require rate adjustments, resulting in a …
Read More »International Paper publishes its results for the third quarter of 2022
International Paper has released its financial results for the third quarter of 2022. Net sales in 3Q 2022 were $5.402 billion, up slightly from $5.389 billion in 2Q 2022 and $4.914 billion in 3Q 2021. 3Q 2021. Revenue growth of 10% from year-on-year was based on strong price realization. Net …
Read More »6th consecutive fall: the rupee loses 0.53% against the US dollar – Markets
The Pakistani rupee fell for the sixth consecutive session against the US dollar, and depreciated 0.53% in the interbank market on Tuesday. According to the State Bank of Pakistan (SBP), the rupiah closed at 220.88 after depreciating Rs1.17 or 0.53%. The rupee has depreciated cumulatively by 3.09 rupees or 1.4% …
Read More »Sri Lanka is betting on tax hikes; perceived downside risks than gains
ECONOMYNEXT – Sharp income tax hikes in Sri Lanka are seen as a gamble with the corporate sector and individuals are set to be hit hard by the move as investable capital turns into current government spending. The move could discourage and strangle investment, analysts say, though they see boosting …
Read More »Gold and Silver Prices Today: Check Rates in Your City on October 15
Gold prices in India saw a marginal decline on October 15, 2022. According to the Goodreturns website, eight grams of 22-karat gold was worth ₹36,960 while the price of 24 karat gold rose to ₹40,320. In the nation’s capital, the price of 22-karat gold was ₹46,350 per 10 g while …
Read More »Electricity Reforms: Going Beyond Pricing – BR Research
Pakistan has received nearly $1 billion in loans from the Asian Development Bank and other donors over the past three years – for energy reform projects alone. The most important program was the AfDB’s Energy Sector Reforms and Financial Sustainability Program – in two parts. The much-talked-about Circular Debt Management …
Read More »For whom the tolls will ring in the NSW election
Residents of the Coalition’s 15th most marginal seat, Badgery’s Creek, must pay a $25 one-way toll to get to the CBD. Labor Party polls have picked up the cost of tolls as the winning issue and Opposition Leader Chris Minns alludes to the ‘toll’ at every opportunity. If next March …
Read More »Cornerstone Insurance heads for dividend drought amid 48% half-year decline
Cornerstone Insurance Plc, Nigeria’s fifth-largest underwriter by market capitalization (N10.2 billion as of September 30, 2022), could experience a resumption of the dividend drought that has hampered its operations for five consecutive years, its results showed. 2022 half-year financials. The 31-year-old insurance company declared no dividend from 2016 to 2020 …
Read More »Spectro Cloud Palette Edge Enhancements Strengthen Security in Kubernetes Edge Environments
Spectro Cloud announced new Palette Edge features, including an “immutable” secure stack and a new hardened Kubernetes distribution. Kubernetes at the Edge has captured the interest of enterprises around the world as they seek to improve their competitiveness and agility. To date, however, the K8s on the periphery have failed …
Read More »Institutional mechanism and technological support to promote female entrepreneurship in agriculture
ICAR-Central Institute for Women in Agriculture, Bhubaneswar conducted a study in a cluster comprising two villages, namely, Sankilo and Tentalpur under Nischintakoili Block of Cuttack District, Odisha under an ICAR-NASF funded project in adopting 40 women farmers. During the first year, critical gender gap indicators were identified and prioritized using …
Read More »Korean corporate and household debt is getting riskier
The ratio of corporate and household liabilities to nominal GDP reached 221.2% in the second quarter of this year. The Bank of Korea announced on September 22 that the ratio of corporate and household liabilities to nominal GDP was 221.2% in the second quarter of this year. The …
Read More »“Don’t overlook the technologies already available to reduce emissions”
“Don’t overlook the technologies already available to reduce emissions” – these are the words of Teagasc’s dairy knowledge transfer manager, Dr. Joe Patton. Dr. Patton was talking to Agriland editor Stella Meehan on the Agriland live stream at the National Plowing Championships today (Wednesday, September 21). MACC Second day of …
Read More »UK Dairy Day: Fix variable costs now, dairy farmers advise
Dairy producers are advised to set fertilizer and feed prices as winter approaches. Many dairy farmers are reluctant to enter into contracts because they fear milk prices will fall, said John Allen, managing partner at Kite Consulting. “There is a reluctance to manage risk. Farmers are hesitant about milk prices …
Read More »Sbi will increase its prime rate by 70 bps to 13.45% from September 15
By CNBC-TV18 Sep 14, 2022, 11:49 p.m. IST (Released) mini Shares of State Bank of India ended at Rs 571.60, up Rs 13.35, or 2.39% on BSE. The country’s largest lender, the State Bank of India (SBI), announced on Wednesday that it would raise the benchmark prime rate (BPLR) by …
Read More »Will freezing the energy price cap lower inflation?
Britain breathed a collective sigh of relief over its energy bills when Prime Minister Liz Truss confirmed plans to freeze an average household’s gas and electricity bill at £2,500 for the next two years last week. In a speech to the Commons, she promised the freeze would “give people certainty …
Read More »Growing appetite for housing coupled with increased individual housing loan limit for co-operative banks will keep momentum high for real estate sector
Recently, most retail banks had raised their lending rates, this move is a response to the Reserve Bank of India’s decision to raise its benchmark lending rate by 50 basis points in order to control inflation. Although due to the change, the cost of borrowing will increase, it will not …
Read More »Electricity prices driving gas, study finds
New Delhi, September 6 (SocialNews.XYZ) Natural gas is the main driver of electricity prices in Europe. In the UK, in recent years, it has set electricity costs up to 84% of the time, despite providing far less than half of total electricity, confirmed a study published by the UCL. As …
Read More »Coronavirus live updates: India’s active Covid cases drop to 55,114
India COVID-19 Live: Active cases represent 0.13% of total infections. (Case) New Delhi: With 6,809 new coronavirus infections reported in one day, India’s total COVID-19 cases rose to 4, 44, 56,535, while active cases fell to 55,114, according to data from the Ministry of Health. Union Health updates Sunday. The …
Read More »5 Listed Oil Companies Post Net Profit of N47.34 Billion
Seplat Energy Plc and four other Nigerian Exchange (NGX) Limited oil and gas companies recorded a total net profit of N47.343 billion in the first half (H1) of the year 2022. This is despite a strict regulatory environment due to lack of clarity on policy direction (e.g. postponement of PIA …
Read More »Rising Maintenance Costs in Power Segment Drive 22% Decline in Ranhill’s Q2 Net Profit
KUALA LUMPUR (August 26): Ranhill Utilities Bhd’s net profit for the second quarter ended June 30, 2022 (2QFY22) fell 22.65% to RM7 million from RM9.05 million in the same period l year despite quarterly revenue growth of 25.37% to RM458. 38 million RM365.61 million a year ago. The group blamed …
Read More »Britain’s economy grew in August, but is expected to contract soon according to PMI indices
Photo © Adobe Stock Britain’s economy expanded in August, according to a closely watched business survey. The monthly S&P Global PMI series, however, confirmed that a continued slowdown in activity is underway as consumers and businesses grapple with rising levels of inflation and the direction of travel is consistent with …
Read More »The Fed shouldn’t be baited by vigilant securities traders
Comment this story Comment Federal Reserve policymakers don’t have an explicit target for U.S. stocks or consumer borrowing costs, but they know something’s wrong when they see it, and there’s a chance it might. be one of those times. The S&P 500 index is up 17% from its June lows …
Read More »Does the country need three more weeks of the Tory leadership race?
SIR – Your report (August 7) on how cats “are more likely to be attracted to people who are less interested in them” reminded me of Jess, the cat we took in years ago when my nine-year-old daughter brought home a kitten she had received from a friend. Remembering Rudyard …
Read More »How Tan90 increases farmers’ return on investment with affordable cold storage solutions
Tan90a brainchild of three PhD students from the Indian Institute of Technology Madras Soumalya Mukherjee, Rajani Kant Rai and Shiv Sharma, enables farmers to increase their profits with affordable cold storage solutions that simplify the transport of temperature-controlled produce. While large retailers have access to centralized cold storage as well …
Read More »interest rate: What is the essence of the interest rate in an economy?
A market rate of interest is the value given to the flow of money in the economy at a given time. It acts as a key mediator between lenders and borrowers. Basically, the interest rate is determined by the demand and supply of money, i.e. the need and availability of …
Read More »RBI Monetary Policy: Rising rates likely to drive up mortgage rates, EMIs could become costlier
Over the past two policies, RBI has increased the repo rate by 90 basis points. The first increase was 40 basis points in May and later 50 basis points in June. The repo policy rate currently stands at 4.90%. In addition, the standing deposit facility (SDF) rate stands at 4.65%, …
Read More »Darragh McCullough: Everyone must share the cost of reducing agricultural emissions or we’ll end up with a Trump in boots
Now that the dust is settling on the 25% agricultural emissions reduction target, who do you trust to ensure a just transition for agriculture? After seeing the grass under the feet of communities that depended on peat for a living, I can’t say I have faith in transition or justice. …
Read More »U.S. natural gas prices rebound after big dip
Just when we thought falling natural gas prices might ease inflationary pressures, it all starts again. By Wolf Richter for WOLF STREET. So we have a little situation here. In early June, the price of natural gas futures in the United States had reached more than $9.50 per million Btu, …
Read More »Rising interest rates rocked the Commonwealth Bank
Commonwealth Bank experts expect interest rates to hit 2.60% by the end of the year, which they fear may be too high for some households. They say the RBA’s measures could cause some Australian families to cut spending more than expected. On Tuesday, Reserve Bank of Australia (RBA) Governor Philip …
Read More »Performance of Banks in India – Future Agenda
Banks play a vital role in economic transformation. They are the means to fully exploit the potential of economic growth by providing efficient increase and distribution of financial resources from the savings community to entrepreneurs. The current phase of the economy, when recovering from the pandemic shock, requires more proactive …
Read More »Mint Morning Digest: LIC Valuation Drops, How Investors Should Buy on Dips and More
Rupee trading could boost investment in government debt The Reserve Bank of India’s (RBI) policy to allow trade settlements in rupees could lead to increased investment in government bonds and boost India’s exports to sanctions-hit Russia. Read more As markets fall, what investors should keep in mind when buying on …
Read More »US and Japan agree to tackle currency and economic impact of war in Ukraine
Japanese Finance Minister Shunichi Suzuki shakes hands with U.S. Treasury Secretary Janet Yellen at the latter’s office in Tokyo on July 12, 2022. U.S. Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki agreed on Tuesday to strengthen more bilateral ties and working together rising food and energy prices …
Read More »No impact of rising repo rates on home sales
The recent surge in house prices due to rising commodity costs and the Reserve’s decision to raise the repo rate twice in the quarter had little impact on residential sales , which continue to see monthly growth, according to major real estate developers and brokerage firms. Experts said that after …
Read More »Graphics and caffeine: why UBS says gold and lithium are better than iron ore – Hans Lee
Welcome to Charts and Caffeine – Livewire’s pre-market news and analysis digest. We’ll take you through the session overnight and share our best ideas to better prepare you for the day of investing ahead. MARKET ENVELOPMENT S&P 500 – 3,903 (+1.5%) NASDAQ-11,621 (+2.28%) CBOE VI – 26.08 FTSE 100 – …
Read More »India’s service sector grows fastest in over 11 years
Bengaluru: India’s dominant services industry grew at the fastest pace in more than 11 years in June amid strong demand, but stubborn inflation remains a concern as prices charged rose at the fastest pace. fastest in nearly five years, a private investigation revealed on July 5. The S&P Global India …
Read More »GST on dairy products and machinery
Co-op officials say dairy by-product prices will be increased if GST is increased on dairy machines and milk machines Co-op officials say dairy by-product prices will be increased if GST is increased on dairy machines and milk machines The decision of the GST Board at its 47th meeting held last …
Read More »How the RBI innovated in unconventional ways to fight the pandemic
Several articles published recently have been unusually harsh on the RBI’s handling of inflation. Writing an epitaph for such articles reminds me of a recent interaction with RBI Deputy Governor Michael Patra at an event in Delhi. When the CEO was specifically asked about the magnitude of the interest rate …
Read More »The ATO’s crackdown on family trusts is about to get serious
There is concern that the ATO will investigate previous tax returns and charge applicable interest and penalties. If there’s one low-key but important battle to watch this year, it’s the one between the Australian Taxation Office and the beneficiaries of family trusts. It’s been going on for a while, but …
Read More »Brendan Caldwell’s Top Picks: June 24, 2022
Brendan Caldwell, President and CEO, Caldwell Investment Management FOCUS: North American Large Cap Equities MARKET OUTLOOK: As 2022 approached, a concoction of headwinds created the perfect storm for equity markets and the ensuing selloff sent most benchmark equity indices down 20% or more from recent highs. Russia continues its assault …
Read More »Businesses passing high costs onto consumers at the fastest rate since the 1950s
Profit margins and corporate profits hit record highs in 2021, researchers at the Roosevelt Institute have found. Businesses charged on average about 72% more than their input costs. Reversing that surge is one way policymakers can help calm inflation in the United States, the researchers said. Loading Something is loading. …
Read More »The arrival of Amazon America in Nigeria
In June 2017, I wrote and asked Amazon coming to Nigeria. I also made a video (below). The main premise is: Amazon has the ability to become the postal service system in Nigeria that will connect rural and urban Nigeria on a large scale. Yes, Nigeria needs Amazon to help …
Read More »How to get a better MP class? Help mothers run for parliament | women in politics
SAshby’s first insight into what it means to be a politician involves feeling overwhelmingly condescending. She was a teenager in South Wales when the local Tory MP visited her school to discuss Welsh devolution. Young Ashby plucked up the courage to ask a question about the Welsh language and was …
Read More »Oil deals: NUPRC to award licenses after N174 billion bonus payment
As the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) plans to close the 2020 Marginal Fields Bidding Round (MFBR), the commission has insisted on following due process in the award final documents and Petroleum Prospecting Licenses (PPL) to the winners. The federal government has earned 174 billion naira so far after …
Read More »Regulator reminds producers of market obligations as Bowen downplays risk of outages
Federal Energy Minister Chris Bowen said he expects no need for forced shedding as energy market regulators write to producers reminding them of their need to bid fairly in the market Energy. On Tuesday, Bowen played down the prospect of blackouts despite an expected lack of power supply in several …
Read More »This 84-year-old commercial bank plans to raise FD rates and MCLR
Jammu and Kashmir Bank (J&K Bank) established in 1938 is a regular commercial bank and is one of India’s oldest private sector banks with 84 years of presence in the country. The bank has revised its interest rates on fixed deposits and as of June 11, 2022, Jammu & Kashmir …
Read More »Expert highlights need for better discussion on ongoing energy crisis
Commonwealth, state and territory energy ministers met this week to try to resolve the energy crisis that emerged overnight but has been going on for 20 years. While many of the factors contributing to rising wholesale energy prices are international in scope, the way forward will depend heavily on national …
Read More »Inflation, rising prices: why companies raise their prices: because they can
Despite the steady increase, shoppers still bought their favorite breakfast cereals, paper towels and other consumer goods in the decade and a half before the pandemic began Image: Shutterstock gRockery bills can be ridiculously high these days, but supply chain issues, energy costs and inflation aren’t the only factors …
Read More »zomato: 3 factors that can make Zomato profitable in the coming years
India’s internet and e-commerce sector has become one of the fastest growing sectors in the country, even in the pandemic-hit economy. India’s startup ecosystem saw 43 companies become unicorns in 2021; more than 30 strange unicorns that have been created until 2020. However, history suggests that most of these unicorns …
Read More »This Mumbai-Based Bank Raises MCLR Effective June 6, EMIs Will Rise
Mumbai-based private sector lender DCB Bank on Friday raised the lending rate based on the marginal cost of funds (MCLR) by 23 basis points on the maturities. The new interest rates will take effect from June 6. With the rise in the benchmark lending rate, EMIs on term loans are …
Read More »Strange New Worlds Episode 105 with new photos and “Spock Amok” clip – TrekMovie.com
The fifth episode of the new series Star Trek: Strange New Worlds arrives this week and we’ve got details, new photos and a clip to get you started. “Spock Amok” Strange new worlds episode five is titled “Spock Amok”, a variation of the classic TOS episode title “Amok Time”. The …
Read More »Letters: only a coalition can oust the conservatives | Work
Last week, two articles highlighted the most important strategic decisions facing Labor (“Quash talk of a Labor deal with SNP now, 2015 elections team urges Starmer”, News, and “A Lab-Lib pincer movement is the most effective way to strike fear into conservatives,” Commentary). Fortunately for the party, the dilemma depicted …
Read More »British Columbia revamps natural gas and oil royalty system
British Columbia (BC) has unveiled a revamped oil and natural gas production royalty system that would replace a patchwork of complex incentives with a flat rate of 5% on all wells until that the costs are fully paid. Decreasing royalties on paying wells would vary from 5% to 40%. Rates …
Read More »The candidates make their final speeches as voting begins in Australia’s most marginalized electorate, Macquarie | Blue Mountains Gazette
+5 Labor and Liberal candidates from Australia’s most marginalized constituency, Macquarie, delivered their final speeches to voters on Saturday morning. Incumbent Labor MP Susan Templeman voted in her hometown of Winmalee, pushing issues of climate change, elderly care, childcare and health. Liberal Party challenger Sarah Richards was in East Blaxland …
Read More »Bullish Nirmal Bang on this public sector bank; sees more than 35% increase
Nirmal Bang is bullish on public lender State Bank of India (SBI) and has maintained a “Buy” rating with a target price of Rs 626 per share. So if you compare it with the current market price, the stock has more than 35% upside potential. The brokerage firm noted that …
Read More »UP government’s exercise to determine why property companies are going bankrupt is yet to yield results
A fact-finding exercise launched by Uttar Pradesh Chief Minister Yogi Adityanath in April to “find out the reasons why estate agents are leaving Noida and Greater Noida” and going bankrupt has yet to yield results, officials said. Officials say the state’s property sector is facing a financial crisis, with 60 …
Read More »Explanation: the oddity of inflation that is costing Spain billions
A woman takes milk at a Caprabo supermarket in Barcelona, Spain, March 21, 2022. REUTERS/Albert Gea/Files Join now for FREE unlimited access to Reuters.com Register MADRID/LISBON, May 12 (Reuters) – Soaring energy prices pushed Spanish inflation to a peak of just under 10% in March, the highest in the euro …
Read More »SBI raises interest rates on bulk term deposits
The State Bank of India (SBI) has sharply raised interest rates on domestic wholesale term deposits (₹2 crore and above) by 40 to 90 basis points effective May 10, 2022. This comes amid the bank revising its lending rate based on the marginal cost of funds (MCLR) up by 10 …
Read More »Evaluate the upside to reach small businesses more
A large part of the loans taken by small borrowers is linked to an external benchmark and, more often, to the repo rate. A rise of 40 basis points (bps) would increase their cost of borrowing by an equivalent amount. For large corporations, lending rates are mostly tied to the …
Read More »What Many Christians Misunderstand About Bitcoin
A worker demonstrates how the Bitcoin ATM works at the BitBase Store on August 09, 2021 in Palma de Mallorca, Spain. | Carlos Alvarez/Getty Images There are many misconceptions about Bitcoin among Christians and unfortunately they continue to persist. In this article, I hope to dispel many of the misconceptions …
Read More »Vitamin B12 deficiency harms young children’s development and the food aid we provide is not enough — ScienceDaily
Vitamin B12 deficiency in infants leads to poor motor development and anemia, according to a Burkinabé study conducted by the University of Copenhagen and Médecins Sans Frontières. B12 deficiency is a huge but neglected problem, and the food aid we are currently providing is not helping. According to the researchers, …
Read More »Australia Interest Rates: Over 1.5m Mortgage Stress Ahead of RBA Decision
While Australia is on a knife edge waiting to see if interest rates will be raised, large numbers of people are already struggling. A shocking level of Australian households with mortgages are struggling even before interest rates were raised, with 42% financially stressed in March, according to new research. Australians …
Read More »The emerging market debt crisis | MoneyWeek
The IMF issued an ominous warning last week about the rapid slowdown in global growth and the growing threat of an emerging market debt crisis. The fear is that the global slowdown, combined with soaring inflation and rising interest rates, could hit the poorest and most indebted countries particularly hard, …
Read More »Tax-mad Sunak presses us until the pips cringe – and middle incomes suffer the most | Personal finance | Finance
Income tax, national insurance, capital gains tax, inheritance tax and stamp duty receipts have all skyrocketed, following his repeated stealth tax raids. HM Revenue & Customs collected an incredible £718.2billion in the year to March 2022, a record. It’s like the worst days of the 1970s, when Labor Chancellor Denis …
Read More »Food price inflation continues to worsen. Here’s what to do about it.
Food prices continue to rise at an alarming rate. The 8.8% year-over-year increase (March 2022 over March 2021) is the largest in over 40 years. Over the past seven months, the monthly year-on-year increase in food prices has been more than 4%, and each successive month has been higher than …
Read More »Growing concern as wholesale price inflation hits 14.55%, pressure on retail prices
With rising prices for crude oil and other commodities due to disruptions in global supply chains following the Russian-Ukrainian war, the Wholesale Price Index or WPI-based inflation has jumped to 14.55% in March 2022, after reading 13.11%. in February 2022. This is the second highest WPI impression of the 2011-12 …
Read More »ECB confirms intention to end bond purchases in Q3
The European Central Bank today stuck to its plan to permanently end its stimulus program in the third quarter but gave no further indication of its timing, underscoring uncertainties related to the war in Ukraine. The noncommittal tone of his statement pushed eurozone bond yields and the single currency lower …
Read More »Australia’s unemployment rate remains at 4% but is expected to fall further
Jarvis said the female unemployment rate fell further to 3.7%, the lowest since May 1974. The 4.2% rate for men is the second lowest level since November 2008 and just at the above the December 2021 rate of 4.1 percent. hundred. In New South Wales, the unemployment rate in March …
Read More »NexTech AR, Guardforce AI, XTM and AITX;
NEW YORK, April 11, 2022 (GLOBE NEWSWIRE) — Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEOs of: NexTech AR Solutions (OTC: NEXCF) (CSE: NTAR), Guardforce AI (NASDAQ: GFAI), XTM, Inc. (OTC: XTMIF) (CSE: PAID) and Artificial …
Read More »‘A Pretty Surprising Meeting’: Washington State Income Tax Rejected by Task Force
Charles H. Featherstone / Herald of the Columbia Basin OLYMPIA — Washington residents won’t pay state income taxes anytime soon if the state legislature listens to the recommendation of a group created to advise the state legislature on future taxation. At a meeting in late March, the bipartisan Washington Tax …
Read More »Bad LNG Investment for Pacific Rim Countries: Carbon Tracker
NEW DELHI: Asian countries should shift from reliance on LNG gas to renewable sources to hedge against record energy price volatility, geopolitical supply shocks and meet net zero targets, a new report from Carbon Tracker. The growth potential of the offshore wind sector in Asia is huge. Extensive coastlines and …
Read More »Yogi Govt to install over 50,000 shallow tube wells for farmers in Uttar Pradesh
In an effort to encourage the growth of the state’s agricultural sector through improved facilities, the Yogi 2.0 government will install more than 50,000 shallow tube wells for small and marginal farmers. The second Yogi government decided to install up to 50,358 shallow tube wells for small and marginal farmers …
Read More »Can anyone decipher this explanation for the rising permanent charge of electricity?
Following Brian Lawson’s lengthy March 31 letter about the ongoing charges, allow me to share the response I received from my electric provider when I filed a complaint about how they substantiated their price increase. I requested a plain language explanation as to why the unit price and ongoing charges …
Read More »Iain Macwhirter: Will ‘NatRail’ be better than ScotRail? Passengers can be convinced…
Well, it couldn’t be worse, could it? Under private operator Abellio, the Scottish rail service had become synonymous with fare hikes, delays, cancellations and industrial disputes. So what can the beleaguered passenger expect now that rail service is back in state hands in Scotland? Well, what about rate increases, delays, …
Read More »Amid rising gas prices, Biden and California Democrats propose tax hikes on energy providers
US President Joe Biden speaks at Long Beach City College. (Wally Skalij/Los Angeles Times via … [+] Getty Images) Los Angeles Times via Getty Images High gasoline prices have prompted governors across the country, in red and blue states, to introduce bills that temporarily reduce gasoline taxes or delay planned …
Read More »Foreign aid falls flat but advocates hail surge in Afghan refugees
The increase in the number of places for people fleeing Afghanistan was welcomed, but the budget was called a “missing opportunity for fairness” with refugees and asylum seekers left behind and only a small increase was observed for foreign aid. While Tuesday’s budget provided only a marginal increase in the …
Read More »Charitable donations are good. Be smart about how to encourage her
In 2020, individual charitable giving by Americans reached $324 billion, a record high and a 2.2% increase from 2019. As the pandemic imposed significant costs on our society, many households shared their resources with others, including religious, educational and social service organizations. . For many reasons, giving is a good …
Read More »Rishi Sunak fails to solve the standard of living problem
We sometimes pity Rishi Sunak, Chancellor of the Exchequer. He wants to cut taxes and free up business. But he has orthodox fiscal beliefs and a prime minister who wants to spend public money on causes Sunak deems unnecessary. Balancing these forces would always be difficult. But the economy has …
Read More »Small savings rates to be cut in range of 9 to 118 basis points: RBI
The Reserve Bank of India (RBI) has requested a further reduction in interest rates on Small Savings Instruments (SSI) for the first quarter of the financial year 2022-23 at a time when some banks have raised interest rates. deposit. “Existing interest rates on SSIs need to be reduced within a …
Read More »March is full of surprises – Oneida Dispatch
March can be a tough month for outdoor enthusiasts here in central New York. Winter sports are coming to an end with the change of weather. Yet those who bank on spring weather and spring activities often find it wiped out the next day or two by wind, cold temperatures …
Read More »Pig-barrelling labor ‘exactly the same’ | the lawyer
politics, federal politics The Morrison government has accused Labor of playing ‘cheap politics’ by criticizing grants in marginal seats as the opposition unveils spending commitments ahead of the next federal election. It comes as the Nine newspapers report that Labor spending heavily favors fringe and targeted electorates. Finance Minister Simon …
Read More »Does it make sense to suspend my pension contributions during maternity leave?
Question: I am going on maternity leave shortly. This will be my first child. My boss will top up my state maternity pay – but not up to my full salary. My earnings (including state maternity pay and top-up pay from my boss) will be about two-thirds of what they …
Read More »Fuel costs can lead to lower silage quantity and quality
Escalating fuel costs could lead to a decline in the quantity and quality of silage, it was heard at the inaugural meeting of the National Forage and Food Security Committee, held today (Friday March 11). The committee was formed earlier this week in response to the Russian invasion of Ukraine …
Read More »Household budgets are affected by gasoline prices and the “push” of inflation
CommBank’s Monthly Household Spending Index showed an increase in spending intentions fueled by transportation costs and home buying intentions. After a revised decline of 9.5% in January, CommBank’s Household Spending Index (HSI) rebounded in February, rising 1.8% to an index of 107.3. CommBank’s HSI series includes 12 expense categories, covering …
Read More »How to evolve towards fully electric buildings
Electrification is a key step towards decarbonization. Here’s what you need to know to move to an all-electric building efficiently and cost-effectively. Building professionals largely agree on the need for aggressive decarbonization to reduce greenhouse gas emissions, both in new and existing buildings. To this end, a preliminary study developed …
Read More »California utilities don’t want to kill rooftop solar
The following is an article written by Robert Borlick, Senior Energy Advisor at Borlick Energy Consultancy. A recent opinion piece in Utility Dive presents a misleading view of the California Public Utilities Commission’s (CPUC) long overdue review of its Net Energy Metering (NEM) policy. The reason for the CPUC’s review …
Read More »My main things to look forward to this week
This article is excerpted from Tom Yeung’s Moonshot Investor newsletter. To be sure not to miss anything of Tom’s 100x potential picks, subscribe to his mailing list here. Source: Brian A Jackson / ShutterStock.com America finds itself at an impasse On Friday, I wrote about how stock markets ignored war. …
Read More »Regulator confirms APTEL’s decision and orders DISCOM to compensate solar developers
The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, ordered the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to compensate two solar developers for additional costs incurred due to the imposition of a safeguard duty under the “change of law” clause. power purchase agreements (PPA). The Commission has asked …
Read More »Spotlight on Pricing and Reimbursement of Medicines and Medical Devices in Ukraine
All the questions Pricing and reimbursement Ukrainian legislation does not impose an obligation on marketing authorization holders to obtain approval for the price or reimbursement status of medicines before they are placed on the market. If a marketing authorization holder intends to sell medicinal products for public funds, he is …
Read More »The State of Shrinkage | The Economist
February 19, 2022 SHRINKFLATION IS A scourge of the British buyer. For years, producers quietly reduced product sizes rather than raising prices. A multipack of Frazzles, a more indulgent bacon crisp, cost £1 ($1.36) and contained eight bags. Now it contains six. Cadbury’s Custard Eggs sold in half a dozen; …
Read More »Seniors to the rescue? Why baby boomers may be the answer to the big shutdown
Will older Americans save us? Unless you’ve lived in exile, you know all about “The Great Resignation,” a term coined by organizational psychologist and Texas A&M professor Anthony Klotz. This is the period beginning in 2021 when employees reeling from the pandemic revolted: The number of Americans quitting their jobs …
Read More »Council agrees ‘modest’ rate hike of 1.97% in borough from April – Armagh I
Rates in the borough are expected to rise by 1.97 per cent, or around 19 pence a week for the average homeowner. Armagh City, Banbridge and Craigavon Borough Council today (Monday) agreed to domestic and non-domestic rate increases for 2022-23, which will take effect from April 1. This represents an …
Read More »Rural trend for FMCG companies: sales value up, but volume down
The December quarter results of FMCG companies indicate an unusual trend in rural markets: marginal or higher sales growth than in urban areas, visible in value, but against a backdrop of falling demand manifested by a decrease in volumes. Hindustan Unilever Chairman Sanjiv Mehta pointed out during the October-December earnings …
Read More »Politically sensitive tax relief for landlords not ruled out
Two weeks ago, late in the evening, during the Dáil’s questions on housing, a potentially important moment surfaced. In the midst of a sparring match between Housing Minister Darragh O’Brien and ever-hardworking Sinn Féin spokesman Eoin Ó Broin, an unlikely subject has come up. The possibility of accidental owners paying …
Read More »Everyone’s a winner in Spotify’s showdown with Neil Young
The writer is the author of ‘Tarzan Economics’. He was previously chief economist of Spotify and PRS for Music On January 24, Canadian rock musician Neil Young threatened to pull his recordings from Spotify because he believed the streaming company had given podcaster Joe Rogan a platform on which to …
Read More »Farm workers often work 60 hours without pay. New York wants to change that.
The thousands of people paid to plant corn, pick apples and milk cows in New York often work long days, six days a week – and only earn overtime after 60 hours of work. The state is now considering lowering this overtime threshold. New York could eventually join California and …
Read More »The congestion pricing toll really should be $80 – Streetsblog New York City
Gui Larangeira This toll should really take a toll. Most discussion of the current congestion pricing program in New York assumes that automatic tolls will be between $13 and $15 (round trip), with a lesser toll perhaps as low as $4 or $5, for off-peak rides. That’s according to Streetsblog …
Read More »Backed by Bayer’s Leaps, Boston-based Cellino lands $80 million for canned cell therapy – Endpoints News
The summer before Cellino CEO and co-founder Nabiha Saklayen started at Harvard, she lost her grandmother to complications from diabetes. Before that, she hadn’t taken a biology class since ninth or tenth grade – the mark of a classic physicist – but that’s when she decided she wanted the others …
Read More »Why should UAE banks benefit from higher interest rates?
Analysts expect GCC banks to make significant interest rate margin gains as interest rates rise. “GCC banks are one of the biggest beneficiaries of rising rates within the emerging market banking space, having access to a large base of non-interest bearing deposits, while loan portfolios are mostly variable rate,” said …
Read More »XPG Lancer RGB DDR5-6000 RAM review: Higher launch DDR5 data transfer rate comes at a price
Source: Rich Edmonds/Windows Central DDR5 RAM is the next big switch for the PC industry, with Intel already supporting the next generation of memory with its 12th generation processor family. AMD is only a close second, stating that the next generation of Ryzen processors will follow. DDR5 promises exceptional speeds, …
Read More »TESTED: 2022 Hyundai Ioniq 5 beats its EPA lineup but lags the competition
Testing the Ioniq 5 in the real world Edmunds tests every new EV on the same real-world driving loop to see how far it can go on a full charge with zero miles remaining. If you scroll through our EV range rankings, you’ll see that most EVs met or exceeded …
Read More »Nation’s nutrition security depends on Punjab: The Tribune India
Ajay Vir Jakhar Renowned agricultural economist Dr. SS Johl presented two reports on the need for crop diversification in Punjab in 1986 and 2002. After more than three decades, overflowing grain granaries and large budget deficits finally forced to seriously rethink policy at Union government level on open-ended public procurement …
Read More »8-seater cars will have 6 airbags: Govt | India is blooming
New Delhi/UNI: In a bid to improve passenger safety, the government has decided to require car manufacturers to provide six airbags in motor vehicles that can seat up to eight people. The Ministry of Road Transport and Highways (MoRTH) has issued a draft notice to amend the Central Motor Vehicle …
Read More »GOLDEN MATRIX GROUP, INC. – 10 KT of operations.
Forward-looking statements The following discussion of the Company's historical performance and financial condition should be read together with the consolidated financial statements and related notes in "Item 8. Financial Statements and Supplemental Data" of this Report. This discussion contains forward-looking statements based on the views and beliefs of our management, …
Read More »The “Tsunami” expulsion which was not
Advocates of the Centers for Disease Control’s national moratorium on evictions, first instituted under the Trump administration and later revived and extended by Biden, have claimed there would be a “tsunami” of evictions if the moratorium were to be implemented. survey. But no such tsunami occurred after the moratorium was …
Read More »Coal-fired electricity is not flexible enough for negative prices
[ad_1] He is sure to stick to his forecasts because they reflect what the owners of coal-fired power plants have told him. No owner of a coal-fired power plant has contested the draft 2022 plan. The plan increased the amount of coal-fired electricity that will be phased out by 2030 …
Read More »Buhari is expected to bring the price of cooking gas back to how it reached in 2015 –HURIWA
[ad_1] The civil rights group, Human Rights Writers Association of Nigeria, has called on the president, Major General Muhammadu Buhari (retired), to restore the price of liquefied petroleum gas, commonly known as cooking gas, as ‘he had reached it in May 2015 when he took office. . HURIWA’s national coordinator, …
Read More »Europe paves the way for the Exascale 2023 supercomputer
[ad_1] While the United States, China, Japan and other countries have set and even met targets for exascale supercomputing, the European continent has been less clear on its own path. However, momentum is building, as the EuroHPC Joint Undertaking (JU) has taken the first steps to establish the future site …
Read More »A flat tax would only benefit the rich
[ad_1] Content of the article Of all the bad ideas Jason Kenney and the UCP have had, the return of the flat tax to Alberta is high on the list. Simply put, the flat tax places an additional burden on those who are already the poorest in the province, and …
Read More »6 benefits of routine equipment maintenance
[ad_1] A contribution from Servi-Tek Facility Solutions The old adage “if it ain’t broke, don’t fix it” does not apply to servicing equipment in a commercial setting. But then, why would you pay for an equipment service if there is nothing wrong with it? Here are six essential reasons why …
Read More »Making Cents: How To Spend Your Year-End Bonus
[ad_1] It’s that time of year again, when year-end bonuses have been or are about to be announced. (If you get one) And before it hits your account it is important to think about what you should do with it and how you can optimize it because after all it …
Read More »The pitfalls of legalizing agricultural support prices
[ad_1] While the peasant unrest that lasted more than a year was finally quashed, their demand for a law guaranteeing minimum support prices (MSP) for crops continues. Can PSM be legalized in a country that produces around 1,000 million tonnes of agricultural raw materials? If so, who will benefit from …
Read More »Cubs dropped from 3rd to 13th in payroll after waves of cost-cutting measures
[ad_1] It’s not like we need confirmation, but the Chicago Cubs have slashed and burnt payrolls over the past two years, dropping from third in the league in 2019 to 13th in 2021, according to the ‘AP. This is hardly a surprise. Remember – last winter, Jed Hoyer decided not …
Read More »The best and worst Christmas 2021 times to travel to Phoenix
[ad_1] PHOENIX, AZ – If you’re planning a Christmas vacation away from Phoenix this year, or have relatives coming to visit you in the valley, you are in good company. Phoenix is ââlisted as the # 9 travel destination in the United States this holiday season, according to AAA. Other …
Read More »Pound rallies late after Erdogan increases currency
[ad_1] SINGAPORE: Oil prices rose on Tuesday, although investors remain concerned about the rapid spread of the Omicron coronavirus variant around the world, prompting countries to consider more restrictions that could reduce demand for fuel. Brent crude futures were up 59 cents, or 0.8%, to $ 72.11 a barrel at …
Read More »Will the fall of the Turkish currency make the holidays cheaper?
[ad_1] Rupal Shukla would describe his recent trip to Istanbul, Turkey, as a shoppers’ paradise, all thanks to the fall in the country’s currency pound. “I bought leather shoes for ??800 (when converting from lire to INR) from a popular local LC Waikiki department store in Turkey. The same shoes …
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