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Tag: expected

Transmission of rate cuts improving; expected to improve further: RBI Governor Shaktikanta Das

Transmission of rate cuts improving; expected to improve further: RBI Governor Shaktikanta Das

Finance
A customary post-budget meeting of Central Board of Directors' Reserve Bank of India (RBI) was held in Delhi on Saturday. The meeting was attended by Finance Minister Nirmala Sitharaman, RBI Governor Shaktikanta Das, MoS Finance Anurag Thakur, and others. "We have given a growth projection of six per cent for the next year, in line with the projections from the Finance Ministry," RBI Governor Shaktikanta Das said, post the meeting. Talking of the rate cuts announced last year, the RBI Governer said transmission of rate cuts is improving steadily. "The transmission of rate cuts has improved to 69 basis points, and we expect the transmission of rate cuts to improve further," Das said. Addressing the AGR dues ruling the Supreme Court had passed on Friday, Das said that the ruling will be disc...
Boston Red Sox expected to hire Ron Roenicke as next manager

Boston Red Sox expected to hire Ron Roenicke as next manager

Sports
Feb. 7 (UPI) -- The Boston Red Sox are planning to promote bench coach Ron Roenicke to be their new manager for the upcoming season. League sources told the Boston Globe and USA Today Sports on Friday that Boston is expected to name Roenicke as manager once Major League Baseball completes its investigation into whether the Red Sox were illegally stealing signs during the 2018 campaign. Roenicke served as the team's bench coach for manager Alex Cora during that season. The Red Sox released a statement Friday, saying the "managerial search is not yet completed." "We will comment at the completion of the search," the team said in its statement. Boston parted ways with Cora on Jan. 14 after MLB's investigation into the Houston Astros' sign-stealing scandal during the 2017 season and parts o...
Super Bowl betting is expected to be $6.8 billion. The IRS will want a piece of your winnings

Super Bowl betting is expected to be $6.8 billion. The IRS will want a piece of your winnings

Finance
If your weekend plans include dropping a bet on the Super Bowl, don't forget that Uncle Sam wants a piece of anything you win.Americans are expected to wager about $ 6.8 billion on Sunday night's matchup between the Kansas City Chiefs and San Francisco 49ers in Miami. And no matter where you place your bet — whether at a casino, online, through a pool or fantasy league, or at your neighbor's annual bash — the IRS expects you come to clean at tax time."Most people don't realize they have to report any kind of winnings from gambling activities," said Oscar Vives Ortiz, a CPA who serves on the American Institute of CPAs' personal financial specialist committee.Fans celebrate after making bets through FanDuel Sportsbook during Super Bowl LIII in East Rutherford, New Jersey, on Feb. 3, 2019.Edu
Driver training simulator at Hill AFB expected to save time, money

Driver training simulator at Hill AFB expected to save time, money

Business
Jan. 6 (UPI) -- Hill Air Force Base in Utah unveiled its new ground transportation simulator, the U.S. Air Force announced on Monday, to improve vehicle operation training and likely save tens of thousands of dollars along the way. The $ 140,000 machine features three 55-inch monitors and audio to simulate driving a variety of military vehicles, including fire trucks, Humvees and MRAPs -- mine-resistant ambush protected vehicles -- in 150 preset scenarios. Weather, road conditions, visibility and equipment malfunctions are pre-programmed to offer practice in varying situations and better prepare them for when they're behind the wheel of the real thing. "The biggest thing this will do is get people used to a vehicle before getting in that vehicle," Chase Terry, vehicle operator training l...
Tropical Storm Lorenzo expected to strengthen into major hurricane

Tropical Storm Lorenzo expected to strengthen into major hurricane

World
Sept. 23 -- facebook twitter Email linkedin pinterest reddit tumblr Linkhttps://intranet2.upi.com/wdb/cms2019/stories.php?storyid=7671569262394&st_year=2019&story_only=1&jwsource=cl A batch of thunderstorms AccuWeather meteorologists have been tracking since they formed over Africa became Tropical Storm Lorenzo early Monday and is likely to become the next hurricane of the 2019 season. The feature was dubbed Tropical Depression 13 Sunday night. Lorenzo joins Jerry and Karen in the Atlantic basin. There is now a trio of active tropical cyclones spinning in the basin at the same time, and the latest addition is intensifying quickly. This image, taken on Monday midday, Sept. 23, 2019, shows Tropical Storm Lorenzo just west of the coast of Africa. Image courtesy ...