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Tag: boosts

Virus boosts digital payments in India where cash ban failed

Virus boosts digital payments in India where cash ban failed

Finance
By Vrishti Beniwal and Suvashree GhoshThe coronavirus outbreak may finally accomplish what India’s shock demonetization four years ago failed to achieve: Use of digital payments is soaring for everything from groceries, electricity bills and cab fares. The value of transactions on the Unified Payments Interface, a platform created by India’s largest banks in 2016, reached an all-time high last month as people feared to handle banknotes amid the pandemic. Electronic fund transfers from banks, which had dropped in April as economic activity slowed almost to a halt, have also rebounded. “People who have never paid a bill online are paying online, people who have never bought groceries online are buying online,” said Nityanand Sharma, chief executive officer of Get Simpl Technologies Pvt Ltd.,
SpaceX launch boosts Starlink network to 480 satellites

SpaceX launch boosts Starlink network to 480 satellites

Science
ORLANDO, Fla., June 3 (UPI) -- A SpaceX Falcon 9 rocket lifted off on time Wednesday night from Cape Canaveral Air Force Station in Florida, propelling 60 Starlink communications satellites into orbit. The successful launch boosted the number of Starlink satellites circling the Earth to 480, by far the greatest number of any communications network. Advertisement Liftoff at 9:25 p.m. EDT came on a warm, humid night after skies cleared sufficiently to ensure a safe launch and adequate monitoring. At about 2 minutes, 45 seconds after launch, the nine main engines of the rocket's first stage shut off, and that stage re-entered the Earth's atmosphere for recovery off Florida on the SpaceX barge named Just Read the Instructions. The first stage landed mostly inside a bull's-eye on the flat dec...
Return of NASCAR, Bundesliga boosts weekend sports schedule

Return of NASCAR, Bundesliga boosts weekend sports schedule

Sports
May 14 (UPI) -- NASCAR drivers will race Sunday in one of the first major sports events in the United States since the start of the coronavirus pandemic. The Bundesliga on Saturday will be Europe's first major sports league to return. Cup Series drivers will start their engines at 3:30 p.m. EDT Sunday at Darlington Raceway in Darlington, S.C. Fans will not be allowed in the grandstands. The Real Heroes 400 will be the first NASCAR race since mid-March, when the season was suspended. "We know we are on a big stage this weekend," said Erik Jones, driver of the No. 20 Toyota. "There is not really any other sport out there. ... "We have a huge opportunity Sunday to bring a new group of fans in, people who maybe have never watched NASCAR. "The pressure is there to keep it clean and put on a g...
Rise in full-time female workers boosts employment

Rise in full-time female workers boosts employment

Business
A record number of women in full-time work has pushed the UK's employment rate to a new high of 76.3%, the latest figures from the Office for National Statistics show.In the three months to November, 126,000 more women worked full-time compared to the previous quarter.The increase is in part because of the change in women's retirement age.The record figure may reduce the likelihood that the Bank of England will cut interest rates next week. Let's block ads! (Why?) BBC News - Business
Closing coal plants saves lives, boosts crop yields

Closing coal plants saves lives, boosts crop yields

Science
Jan. 6 (UPI) -- Over the last two decades, dozens of coal plants in the United States have shuttered. The earliest victims were mostly the smallest, oldest plants, but more recently, even some of the country's largest coal plants have closed their doors. New research suggests the reductions in coal pollution are not only helping save American lives, but also boosting crop yields. According to a new study, as coal plants closed -- many of them, replaced by natural gas plants -- local pollution levels have dropped. In addition to emitting CO2, coal plants also produce more particulate matter and ozone, two main components of smog, one of the most common forms of air pollution. Studies have linked smog with a variety of human ailments, including lung disease, heart disease, stroke and cance...