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Transactions on Unified Payments Interface (UPI), the National Payments Corporation of India’s (NPCI) flagship payments platform, have dropped in May, marking the second consecutive month of decline in digital payment transactions, due to a slowdown in economic activities because of lockdowns in various parts of the country. In May, UPI processed 2.53 billion transactions, down 4.16 per cent and 7.32 per cent from April and March, respectively. In value terms, UPI saw transactions worth Rs 4.9 trillion, down 0.66 per cent and 3 per cent from April and March, respectively. In March, UPI had recorded 2.73 billion transactions amounting to Rs 5.04 trillion, the highest count ever since its inception in 2017. But, since then, both volume and value of transactions dipped, in sync with the rise in Covid infections in the country and the subsequent curbs imposed by the local administrations. ....
Read more about Suzlon sizzles after order win on Business Standard. Suzlon Energy rose 3.86% to Rs 5.92 after the company said it won a new order from CLP India for development of a 252 MW wind power project. ....
Suzlon Group has bagged an order from CLP India to develop a 252 MW wind power project at Sidhpur in Gujarat, a statement said. According to the statement, Suzlon will install 120 units of S120-140m wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower, with rated capacity of 2.1 MW each. The project, located in Sidhpur, is expected to be commissioned in 2022. Suzlon will execute the project with a scope of supply, foundation, erection and commissioning. Rajiv Ranjan Mishra, Managing Director, CLP India said, We are excited about growth opportunities in India, and our shareholders CLP Group and CDPQ share a vision to invest in a low carbon, clean energy portfolio in the country. ....
Mondelez Is Pointed Higher: Here s How to Play the Stock The company reports earnings this Wednesday. May 24, 2021 | 01:21 PM EDT Jim Cramer s Mad Money viewers Friday night that he will be watching on Wednesday for earnings from Dick s Sporting Goods (DKS) , Williams-Sonoma (WSM) and American Eagle Outfitters (AEO) in retail. We ll also hear from Nvidia (NVDA) , Snowflake (SNOW) , Okta (OKTA) and Workday (WDAY) in tech, as well as Mondelez (MDLZ) in food. Cramer was particularly bullish on Mondelez, so let s see what the charts say about MDLZ. We looked at MDLZ on April 29 and recommended, Traders should trade MDLZ from the long side risking a close below $57 for now. ....
Highlights Upgrade to enhance performance and resilience. RTGS system continues to be operational. New Delhi: The Reserve Bank of India (RBI) on Monday said that due to NEFT system upgrade, this service will not be available from 00:01 hrs to 14:00 hours on Sunday, May 23, 2021. A technical upgrade of NEFT, targeted to enhance the performance and resilience, is scheduled after the close of business of May 22, 2021. Accordingly, NEFT service will not be available from 00:01 hrs to 14:00 hrs on Sunday, May 23, 2021. The RTGS system will continue to be operational as usual during this period. Similar technical upgrade for RTGS was completed on April 18, 2021, an RBI statement said. ....