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Passengers Flying to Hawaii Surprised with Free Ukuleles and a Lesson Aboard World’s Happiest Flight –WATCH

Known for their inflight mischief designed to make passengers smile, Southwest Airlines outdid themselves this week on a flight to Honolulu.

After boarding the plane in Long Beach, California, flyers were delighted on Friday to find a ukulele waiting for them in their seat.

They would soon learn that Guitar Center, the world’s largest musical instrument retailer, was behind the stunt, with instructors onboard to give them a free lesson

The ukuleles—arguably the world’s happiest instrument, and the one that conjures up the Aloha spirit of Hawaii—is also one of the easiest to learn to play.

It is so easy, in fact, that passengers learned to play the song “Hello, Aloha. How are you?” from start to finish, during the flight.

Each passenger received a Road Runner carrying case containing a Mitchell MU40 Soprano ukulele—and the first-ever in-flight ukulele lesson in the sky.

Passengers then flew across the Pacific Ocean, unified, one chord at a time. (Watch the video below…)

Guitar Center of Long Beach

“I’ve taught students through Guitar Center Lessons since 2014, but never in an airplane. It was inspiring to see how quickly passengers of all ages picked up the ukulele – many with no musical background,” said Alexandra Windsor, educational specialist for Guitar Center Lessons.

WATCH: Airline Passenger Hilariously Bust a Move When Gate Agent Tells Him to Sing

Even if you weren’t on the flight, you can enter the Ukuleles Take Flight sweepstakes for a chance to win round trip air travel on Southwest for a winner and a guest, and two Mitchel MU40 Soprano ukuleles, here at Southwest.fm/ukuleleflight.

Watch the great video from Guitar Center below…

SHARE This Lesson in Happiness on Social Media…

New food processing policy will pay attention to concerns of MSME sector entrepreneurs: CM Yogi

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The Chief Minister said that the government is going to take some new steps to promote food processing in the Food Processing Policy 2022. 

SpiceJet net loss widens to ₹838 cr in Q2

Low-cost airline SpiceJet on Monday reported a net loss of ₹838 crore for the period ended September 30, 2022. Losses widened as compared to the year-ago-period when it reported a net loss of ₹562 crore.

Losses stood at ₹578 crore, excluding forex adjustment, and business was hit by record high fuel prices and a depreciating rupee in the traditionally weak quarter, the airline said in a statement.

Revenue was at ₹1,953 crore, up 45 per cent. Operating expenses stood at ₹2,943 crore, up 40 per cent.

For the quarter under review, ATF prices increased 87 per cent.

Prolonged challenges

According to Ajay Singh, Chairman and Managing Director, SpiceJet, the sector has been witness to prolonged challenges. However, the recent enhancement in the ECLGS limit to ₹1,500 crore by the Government will go a long way in providing much needed stability.

“A near-to-normal business environment and an upturn in business and leisure travel, coupled with government aid, are giving hopes to positivity. The high ATF prices and depreciating rupee continue to be a downer for the industry. But overall outlook for the sector remains positive. Having completed a series of settlements with most of our major partners and the upcoming hive-off of our cargo and logistics arm, we expect significant improvements in our operating environment,” he said. 

The airline launched 12 new routes and operated 215 charter flights in the quarter. 

SpiceXpress, the logistics division of the airline, reported a revenue of ₹206 crore and a net profit of ₹21 crore, the company said in a statement. Profit margin increased to 10 per cent. SpiceXpress transported 27,674.98 tonnes of cargo in the quarter under review.

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Published on November 14, 2022

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3 Impressive Dividend Stocks You’ve Probably Never Heard Of

Hundreds of stocks pay a dividend, and it can be easy to overlook some great options.

Three impressive ones that many investors probably have yet to hear about are Atlantica Sustainable Infrastructure (NASDAQ: AY), Delek Logistics Partners (NYSE: DKL), and Getty Realty (NYSE: GTY). These smaller companies offer higher dividend yields and have excellent track records of increasing their payouts, which should continue in the future. That makes them great options for those seeking to generate some passive income.

A sustainable income stream

Atlantica Sustainable Infrastructure operates a growing portfolio of cleaner power and water assets. They generate fairly stable cash flow backed by long-term contracts and government-regulated rate structures. That gives Atlantica the funds to pay an attractive dividend that currently yields 6.4%, several times above the S&P 500’s 1.6% dividend yield.

The company has a solid balance sheet with lots of liquidity, giving it the flexibility to continue expanding its portfolio. Atlantica has secured $150 million of new investments in the third quarter, including adding a 100-megawatt-hour battery system to its geothermal plant in California and buying an operating solar energy project in Chile, where it will add battery storage capacity. These investments will help grow its cash flow in the coming years.

The company has multiple sources of future growth, including expanding existing assets, working with strategic partners on development projects, and acquiring assets from third parties. Those future investments should enable Atlantica to grow its cash flow and dividend. Atlantica has steadily grown its payout since rebranding and resetting its dividend in 2017, increasing it an impressive 15 times.

As consistent as they come

Delek Logistic Partners is a midstream master limited partnership (MLP) that supports refiner Delek US (NYSE: DK). It also has a growing third-party oil and gas gathering and storage business. Most of its assets generate predictable cash flow backed by long-term contracts with Delek and other customers. That gives it the funds to pay a hefty 7%-yielding distribution.

Delek Logistic Partners has an impressive track record of growing its distribution. The MLP delivered its 39th straight quarter of distribution growth earlier this year.

The MLP expects to have the fuel to continue growing its distribution in the future. It ended the quarter with a distribution coverage ratio of 1.62. That gives it a nice cushion while enabling it to retain earnings to strengthen its balance sheet and fund growth opportunities as they arise. Delek ended the period with a solid leverage ratio of 4.35, allowing it to borrow money as needed. Meanwhile, the company should be able to continue finding attractive investment opportunities. It can acquire logistics assets owned by Delek and third parties and invest in organic expansion projects. That should give it the fuel to continue growing its payout in the future.

Plenty of fuel to keep growing the payout

Getty Realty is a real estate investment trust (REIT) focused on owning properties where people spend money in or on their cars, like gas stations, car washes, and auto service centers. It leases those properties to operators under long-term contracts that supply it with very stable rental income that helps support its 5.3%-yielding dividend.

Getty Realty has grown its dividend at an impressive 5.4% compound annual rate since 2015. Three catalysts have helped drive Getty’s growing dividend: contractual rental rate escalation clauses, acquisitions, and redevelopment projects. Rents rise at a 1.6% annual rate on average. Meanwhile, the company has spent about $800 million to acquire over 300 properties since 2016 while completing more than two dozen high-return redevelopment projects.

The company has committed to investing over $150 million to develop or acquire 44 convenience stores, auto service centers, and car wash properties. These and other future investments should help grow Getty’s rental income, enabling it to continue increasing its dividend.

Attractive options for income seekers

Atlantica Yield, Delek Logistics Partners, and Getty Realty have flown under the radar of most investors, who are missing out on these impressive dividend stocks. They offer high-yielding dividends that these companies have steadily increased over the years. With more dividend growth likely, passive income-seeking investors will want to take a closer look at this trio.

10 stocks we like better than Atlantica Sustainable Infrastructure plc
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Matthew DiLallo has positions in Atlantica Sustainable Infrastructure plc. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Leading Cryptocurrency Platform for Mining and Trading

xrp miner

By securing this XRP, people can mathematically verify the maximum supply of Ripple’s XRP that can enter the market. By using XRP for cross-border payments, institutions can bridge currencies and ensure payments are sent and received in local currency on either side of a transaction in as little as 3 seconds. Cloud miningis one of the most sought-after and favourite ways to mine Ripple online because it doesn’t require any hardware to mine cryptocurrencies. This method uses a remote data centre with a shared power to mine XRP coins. Ripple is developed for quicker and easier transfers of the world’s leading currencies like the dollar, euro, pound, rupee and yen.

  • Later, Ripple would develop its cryptocurrency that they call XRP, which would be recorded in a Blockchain-like ledger called the XRP Ledger .
  • A handful of cryptocurrencies can’t be mined in the traditional sense.
  • This method uses a remote data centre with a shared power to mine XRP coins.
  • It was in December 2017 when the price of one XRP coin reached $0.80.

Additionally, banks can set fees and the FX rate for payments made with Messenger. FX rates are set in FX Ticker and queried by Messenger during the quoting process. Instead, transactions are powered through a “centralized” blockchain to make it more reliable and fast. Mining is a core principle of most other cryptocurrencies, and each uses its own system to determine how much power the miners have. Fast and green, the digital asset XRP was built to be the most practical cryptocurrency for applications across the financial services space. The cryptocurrency market has grown dramatically in the past year, with the total value of all outstanding offerings approaching $1 trillion as of early 2018.

and premium 43 Xrp Mining

That sounds complicated, but all it means is that the supply of Ripple isn’t likely to open suddenly, flooding the market and crashing prices. Ripple, which trades as XRP, has the third highest market cap amongst all the cryptocurrencies. Currently, Ripple coins in circulation amount to over $39 billion. The Ripple company sells part of its XRP holdings to cryptocurrency exchanges, and you can easily buy the asset from them. 55 escrow contracts were created, each holding 1 billion Ripple.

Ripple can’t be mined, and Bitcoin has become an industrially mined currency, placing the hardware and power requirements out of reach for most people. Ethereum, Litecoin, Monero, and Dash remain popular among altcoin miners. Mining success rates and profitability depend on a number of factors, including hardware and the availability of pools that coordinate mining efforts.

It’s therefore possible that the circulating supply of Ripple will more than double between now and mid-2022. However, Ripple Labs notes that it has used an average of about 300 million Ripple per month over the past year and a half. At that rate, it would likely take three or four 55-month cycles — or around 14 to 18 years — to go through all 55 billion Ripple in escrow.

XRP crypto coin

Ripple XRP acts as a “Bridge Currency,” which gets its name because of its use by banking and financial institutions to facilitate fast and cheap cross-border/cross-currency transactions. This is the system that has made it easier for Ripple’s system to be integrated into banks and payment processor networks. Within Ripple’s system is its local token called XRP and is the aforementioned “bridge currency” that bridges and facilitates trades in any other currency. Creating a transaction in the XRPL removes small amounts of XRP as a GAL fee and therefore allows its supply to not be fixed.

https://www.beaxy.com/faq/where-can-i-see-the-depth-chart/

Press Release ago What Are the Perks of Using Trading Bots? Many people aspire to become…Press Release 2 weeks ago Is Young Money Superior To Old Money In The Latest Digital Age? This shows you whyRipple is not attacked by banks and the global financial system, unlike Bitcoin, it’s a regular currency controlled by the US Ripple company. Over the next four and a half years, one of 55 different escrow contracts will expire on the first day of each month.

Dogecoin price analysis: DOGE loses value at $0.0817

Bitcoin (BTC-USD) was the pioneer in the space, but up-and-coming rivals have also made a big splash and are aiming at even greater highs. Thanks to huge gains in 2017, Ripple (XRP-USD) has become one of the biggest cryptocurrencies other than bitcoin. The XRP Ledger is a decentralized cryptographic ledger powered by a network of peer-to-peer nodes. The XRP Ledger uses a novel Byzantine Fault Tolerant consensus algorithm to settle and record transactions in a secure distributed database without a central operator.

  • Once this transaction takes place, the funds are sent out on the local rails of the destination country for payout.
  • Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation.
  • Within the network are validators that set in overlapping sets, which are used to validate the transactions and its place in the XRP Ledger.
  • That’s why Ripple mining with a GPU could be a better option to start out with, though it’ll hardly generate a large turnout.
  • Check out the hooks amendment and public testnet that enable smart contract functionality.
  • The API enables users to seamlessly send payments globally with transparency into the payment status and with rich information, like invoices, attached.

By most measurable standards, 2017 was the year of the cryptocurrency, with a total market capitalization increase of over 1,600% — and many believe this is just the beginning. It coordinates the movement of funds across ledgers of transacting parties in a manner eliminating settlement risks and reducing delays. Validator provides a single source of truth for the transacting counterparties while preserving the privacy of banking customers’ identifiable payment information. Banks have the option of running their own Validator, using it for all their transactions, or relying on a Validator run by the transacting counterparty. Several people are wondering how they too can get into the market. Since crypto mining is a fundamental part of most cryptocurrencies, it is normal to look for ways to mine XRP too.

Cryptocurrency 3D Illustrations

As of writing this article , the XRP price is $0.7668, with a 24-hour trading volume of $1,837,487,431. With a market cap of $34,468,689,462 and circulating supply of 47,577,198,013 XRP coins, Ripple ranks 8th on the CoinMarketCap. The maximum supply of 100 billion Ripple already exists, https://www.beaxy.com/ with the founders of Ripple Labs having individually kept 20 billion Ripple originally and contributed the remaining 80 billion to the company. As of late December, Ripple Labs had distributed more than 38.7 billion Ripple including business agreements that are still pending.

The XRP Ledger is open-source technology on which anyone can build. As an active member of the XRP community, Ripple believes in information transparency. To learn more about quarterly sales and BNB escrow activity, read the latest XRP markets report. The XRP Ledger is decentralized, run by a global network of 150+ validators. Use the XRP Ledger’s strong open-source foundation to build powerful applications without hurting the environment.

The XRP Ledger was launched in 2012 by three developers.

Ripple released XRP as a steady, speedy and less costly alternative to other digital assets and payment systems like SWIFT. The global XRP community and Ripple Labs maintain RippleNet’s ledger as its active members. Unlike Bitcoin’sproof-of-work mining, the XRP Ledger processes transactions every 3-5 seconds or whenever independent validator nodes come to a consensus on the XRP transactions’ order and validity. Currently, the list comprises financial institutions, universities and other organisations. Mining is often seen as a fundamental function of cryptocurrency, and contrary to popular belief, mining Ripple is not fully possible. Unlike Bitcoin and its other counterparts, Ripple only uses a semi-centralized ledger technology to help quicken and facilitate its transactions.

Kann man XRP Mining?

XRP Mining nicht möglich

Das heißt Ripple schürfen und damit Ripple verdienen ist grundsätzlich gar nicht möglich. Denn die gesamte Geldmenge von 100 Milliarden Ripple existiert ja bereits. Ein echtes Ripple Mining, mit dem man Ripple schürfen und verdienen könnte, kann es also eigentlich gar nicht geben.

The history of Ripple started back in 2004 with Ripplepay, but it was in 2012 when its ownership changed that it actually started function in line with its goal. However, Ripple is unlike the other cryptocurrencies in this respect. It is impossible to mine XRP, and anyone who tells you otherwise is probably trying to scam you.

xrp miner

Privacy is a goal of some currencies, such as Monero, Zcash, and Dash. Ripple is instead focused on being a fast and cost-effective way to transfer money. In January, Ripple announced in a tweet that three of the top five money transfer companies worldwide would be using XRP in payment flows in 2018, with more expected in the pipeline. Ripple is focused on fast and inexpensive bank-to-bank transactions, while also providing business-to-business transfers and peer-to peer-transfers. These hashes are part of a block that verifies transactions for a given cryptocurrency. Once enough hashes are decrypted, the block is recorded to the blockchain and a reward is awarded to the miner in the form of cryptocurrency.

The network is now in Observation Mode while validators are onboarded. Once this process is complete, the Token Distribution Event can occur. Build interoperable dapps on Flare, or using Flare, for trustless access to the value, information and liquidity of multiple chains. Bitcoin.org is a community funded project, donations are appreciated and used to improve the website.

Was kann man mit XRP machen?

Das Ripple-Netzwerk verarbeitet nicht nur Transaktionen mit XRP, sondern kann auch für andere Fiat-Währungen, Kryptowährungen und Rohstoffe verwendet werden. Banken nutzen Ripple bereits. Auch große Unternehmen können Ripple als Transaktionsplattform nutzen.

In the current era in which privacy is increasingly scarce and violated, Cybersecurity has become more relevant within people and… There are no XRP mining machines or mining platforms for this. If someone shows you this, make sure that they are not trying to trap you. There are no two ways to get Ripple XRP, which is to invest in them by purchasing them from trading platforms that provide you with a lot of quantities. Bitcoin is not owned by anyone and even its inventor is unknown.

Ripple CTO Explains XRP II, 1 Trillion SHIB Moved to Coinbase, Another BTC Price Model Fails: Crypto News Digest by U.Today – U.Today

Ripple CTO Explains XRP II, 1 Trillion SHIB Moved to Coinbase, Another BTC Price Model Fails: Crypto News Digest by U.Today.

Posted: Tue, 06 Dec 2022 14:15:48 GMT [source]

Fugger’s idea was to create an online payment solution with a much heavier focus on security. Later in 2012, the project changed hands in ownership to Jed McCaleb and Chris Larsen, who would later become the founders of Ripple Labs – a technology company based in the United States. Well, there you just let Unmineable know the coin you want to be paid in, in this example XRP and then the address where they will transfer the mined coins. Make sure the algorithm selected is ETCHASH if you are mining with 4GB cards, use ETHASH for cards with 6GB or more, if you selected CPU everything is ready to start mining no need to select anything. Ripple’s massive price run-up has attracted both investors and speculators, bringing a new volatility to XRP with opportunities for both short term trades and long-term investing. Ripple isn’t available on the Coinbase exchange or the GDAX trading platform, but a number of other exchanges provide trading opportunities for XRP, including Binance and other well-known exchanges.

To start mining Ripple , the first thing miners should do is open a wallet. You need to find a reliable mining partner (e.g.,Ledger,Trezor,MetaMask, etc.), create and activate an account on their website. To start mining Ripple coins, you need to invest around 50 XRP. The process of sending and receiving coins is similar to Bitcoin’s.

Rather than supplanting it like other cryptocurrencies, the ripple protocol is built to integrate seamlessly with it. However, the only way you can own the Ripple coin is by buying it or exchanging another altcoin for it, so if anyone comes to you about mining XRP, that is a clear red flag. Less than half of the 100 billion Ripple units created are in circulation at present. A sizable portion is held directly by the bank, with many financial institutions and payment providers also holding large amounts. However, 55 billion Ripple, which is over half of these total supplies, has been kept in an escrow account.

Here’s Why Enbridge Is a No-Brainer Dividend Stock

Most dividend-focused investors tend to concentrate on a stock’s dividend yield. However, the more important factor to consider is whether the company can grow its payout. According to data from Ned Davis Research and Hartford Funds, companies that maintained their dividend have delivered 7.1% average annual total returns since 1973. On the other hand, dividend growth stocks have delivered a 10.7% total annual return.

One of the great things about Enbridge (NYSE: ENB) is it delivers the best of both worlds. The Canadian energy infrastructure giant offers a high dividend yield (6% compared to 1.7% for the S&P 500). It has also consistently increased its payout, delivering 27 years of consecutive dividend growth. With more growth ahead, it’s a no-brainer dividend stock to buy.

A rock-solid high-yielding payout

Enbridge has one of the lowest-risk business models in the energy sector. It focuses on operating pipelines and utilities backed by long-term contracts and government-regulated rate structures. Overall, 98% of its cash flow comes from stable contract and rate structures, with 80% having some inflation protections in place. Meanwhile, 95% of its customer have investment-grade credit (implying they can continue paying Enbridge even if market conditions deteriorate). These factors enable Enbridge to generate very stable cash flow.

The company typically pays out 60% to 70% of its stable cash flow via the dividend. That provides it with a nice cushion while allowing it to retain cash to fund expansion projects. Enbridge also has an investment-grade credit rating with leverage toward the low end of its 4.5 to 5.0 debt-to-EBITDA target range. Those two factors put the dividend on rock-solid ground. They also provide Enbridge with billions of dollars of annual capacity to fund organic expansions and acquisitions.

Enbridge has taken several steps in recent years to reduce risk and improve its portfolio and balance sheet. The latest example came earlier this year. Enbridge decreased its stake in natural gas gathering and processing company DCP Midstream in a deal with Phillips 66. In exchange, Enbridge boosted its interest in the Gray Oak oil pipeline and received $400 million in cash. This transaction reduced its commodity price exposure, increased its ownership in a stable pipeline, and boosted its distributable cash flow per share and balance sheet. That put its dividend on an even firmer foundation.

Visible growth ahead

Enbridge has already lined up billions of dollars of expansion projects. These projects run the gamut of natural gas pipeline expansions, gas transmission system expansions, offshore wind farms in Europe, renewable natural gas projects, additional oil storage capacity, and a liquefied natural gas (LNG) development. These projects give the company clear-line-of-sight on future growth:

A chart showing Enbridge's cash flow growth over the next few years.

Data source: Enbridge.

Enbridge has secured enough capital projects to grow its cash flow at a mid-to-high single-digit annual rate through at least 2024. Meanwhile, it has added several expansions to its backlog this year that will come online in the 2025 to 2028 timeframe. Of note, an increasing percentage of its investments are in lower-carbon energy sources, putting it in an excellent position to meet future energy needs. Enbridge should therefore have the fuel to continue growing its cash flow at a healthy rate for many years to come.

That growing cash flow should enable Enbridge to continue increasing its dividend. Since the company’s dividend payout and leverage ratios are within its target ranges, the company could increase its dividend at the same rate that cash flow grows. That suggests 5% to 7% annual dividend growth is possible over the next few years.

A great stock for collecting dividend income

Enbridge has been an outstanding dividend stock over the years. It should continue to be one in the future because it offers a high-yielding dividend that will likely keep growing. That combination of rock-solid income and visible growth makes it a no-brainer dividend stock to buy and hold long-term.

10 stocks we like better than Enbridge
When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

They just revealed what they believe are the ten best stocks for investors to buy right now… and Enbridge wasn’t one of them! That’s right — they think these 10 stocks are even better buys.

See the 10 stocks

*Stock Advisor returns as of November 7, 2022

Matthew DiLallo has positions in Enbridge and Phillips 66. The Motley Fool has positions in and recommends Enbridge. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

UK economy contracts in third quarter

0

Output shrank 0.2 percent in the July-September period, following a modest rise in the second quarter, the Office for National Statistics (ONS) said in a statement.

AFP

November 11, 2022 / 02:33 PM IST

Economy

Economy

Britain’s economy shrank in the third quarter, official data showed Friday, likely confirming it is already in a recession forecast to last some time.

Output shrank 0.2 percent in the July-September period, following a modest rise in the second quarter, the Office for National Statistics (ONS) said in a statement.

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The Bank of England last week said the UK economy was set to also contract in the current final quarter, meaning the economy was in a recession.

The BoE also warned that Britain’s economy could remain in recession until the middle of 2024.

Friday’s data comes ahead of a fresh budget announcement from the government of new Prime Minister Rishi Sunak on Thursday as he looks to bring much needed political and economic stability to the UK.

As well as recession, Britain is facing a cost-of-living crisis with UK inflation at a four-decade high above 10 percent.

The country faces a winter of strike action as workers in the public and private sectors demand pay increases to match inflation and shortfalls to wage rises seen in recent years.

“The sharp rise in energy and other consumer prices has contributed to a squeeze on household finances, which is expected to have pushed the UK economy into a recession from the third quarter of this year,” Yael Selfin, chief economist at KPMG UK, said following Friday’s data.

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The third-quarter contraction was in part owing to a national public holiday to mark the funeral of Queen Elizabeth II, which resulted in the closure of a large number of businesses, the ONS said.

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    United Airlines Pre-Orders 200 Flying Taxis With Vertical Takeoff for 4 Passengers


    – released

    Working to revolutionize commuting in cities world-wide, United recently-announced a $15 million investment and a purchase agreement for 200 four-seater electric flying taxis.

    These taxis have been in development for sometime. Known as “eVTOLs” (electric vertical take-off and landing vehicle), United believe they have the potential to really work in the transportation market.

    Signed with Eve Air Mobility, United, who has invested in these eVTOL projects before, is expecting the first deliveries as early as 2026, and could order an additional 200 units according to the contract.

    Under the terms of the agreement, the companies intend to work on future projects, including studies on the development, use and application of Eve’s aircraft and the urban air mobility (UAM) ecosystem.

    With the skies above major cities set to become the next lanes of traffic, aviation authorities will need ideas about how to manage the transportation environment in a world where 500-1,000 flying taxies work in every metropolis making several trips per day.

    SIMILAR: Researchers Pull Carbon Out of the Sky And Convert it to Instant Jet Fuel, Reshaping Aviation For Good

    EVE is working with UK Air Mobility to try and develop a contingency plan to debut alongside their eVTOLs.

    “United has made early investments in several cutting-edge technologies at all levels of the supply chain,” said Michael Leskinen, President of United Airlines Ventures.

    “Today, United is making history again, by becoming the first major airline to publicly invest in two eVTOL companies. Our agreement with Eve highlights our confidence in the urban air mobility market and serves as another important benchmark toward our goal of net zero carbon emissions by 2050 without using traditional offsets.”

    GOOD AVIATION NEWS: A Dozen Airlines Team Up for Half-Million Ton Carbon Capture Technology

    United was the first major U.S. airline to create a corporate venture fund, United Airlines Ventures (UAV), designed to support the company’s 100% green commitment to reach net zero emissions by 2050 without the use of traditional offsets. Through UAV, United has led the industry in investments in eVTOL and electric aircraft, hydrogen fuel cell engines, and sustainable aviation fuel.

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    CERC notifies generic tariff of ₹4.76-5.84/unit for small hydro projects in FY23

    The Central Electricity Regulatory Commission (CERC) has notified generic tariffs in the range of ₹4.76-5.84 per kilowatt hour (kWh) for various small hydro projects across States for FY23.

    For small hydro projects below 5 megawatts (MW) in Himachal Pradesh, Uttarakhand, West Bengal, North Eastern states, as well as Jammu and Kashmir and Ladakh, the regulator now will have a levellised total tariff of ₹5.23 per unit, while for projects with capacity of 5-25 MW in these States, the rate is ₹4.76 per unit.

    Similarly, for other States with small hydro capacity below 5 MW, the levellised total tariff is at ₹5.84 per unit, whereas for projects from 5-25 MW, it is ₹5.76 a unit.

    These are part of the commission’s notification, under Regulation 8 (1) of the CERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020, to fix generic tariffs of various RE projects for the third year of control period (FY23).

    Besides small hydropower projects, the commission also notified levellised generic tariffs for biomass power projects with Rankine cycle technology, non-fossil fuel-based co-generation projects, biomass gasifier-based power projects, and biogas-based power projects.

    Generic tariffs for FY23

    For various technologies of biomass power projects, the CERC has notified net levellised tariffs (upon adjusting for Accelerated Depreciation Benefit, if availed) in the range of ₹8.01 to ₹9.62 per unit.

    It has notified tariffs for biomass projects in Punjab, Haryana, Tamil Nadu, Andhra Pradesh, Telangana, Maharashtra, Uttar Pradesh, and Rajasthan with biomass availability. The rest have been clubbed under ‘Others’.

    A similar structure has been followed for bagasse-based co-generation projects, with separate tariffs for the above eight States (in range of ₹6.05-7.70 per unit) and for ‘Others’ at ₹6.87 a unit.

    In the case of biomass gasifier power projects, the tariffs for Punjab, Haryana, Tamil Nadu, AP, Telangana, Maharashtra, UP, and Rajasthan are in the range of ₹7.58-8.71 per unit. For ‘Others’, it is at ₹8.05 a unit.

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    Published on November 13, 2022

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    M&M to sell controlling stake in Peugeot Motocycles to Mutares

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    MM to sell controlling stake in Peugeot Motocycles to Mutares In a statement, the Mumbai-based auto major on Thursday said Mutares has submitted an irrevocable binding offer to acquire 50 per cent of equity and a controlling stake of 80 per cent in France-based Peugeot Motocycles (PMTC).