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Israel and Lebanon begin ceasefire, Trump says Iran may meet US over weekend

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Hello Kitty owner Sanrio suspends MD over improper payments, shares fall

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Manhari Founder, Maddy Gupta, Urges Businesses to Capitalise on the Rising Value of Metals

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Manhari Founder, Maddy Gupta

Old, unused and unwanted business assets often contain valuable metals that can be repurposed. Recycling them boosts profits, frees space and supports sustainability as these business assets often contain valuable metals that can generate real returns when recycled properly.

Manhari Founder, Maddy Gupta
Manhari Founder, Maddy Gupta

Precious metals, led by gold and silver reaching record highs, are surging due to geopolitical risks, inflation concerns and central bank buying. Copper has also hit record levels, driven by high demand for electrification. Other industrial metals, including aluminium, zinc and nickel, are rising on supply constraints and increasing demand for green energy technology.

Across Australia, companies spanning construction, manufacturing, mining, transport, agriculture and even hospitality are being urged to take a closer look at the machinery, tools, fixtures and fittings sitting idle in storage yards, factories, workshops and warehouses.

Much of this unused or outdated equipment from forklifts, wiring and metal shelving to refrigeration units, computer servers and production line components contains recoverable metals. With global metal prices remaining strong and demand for recycled materials soaring, these forgotten items could represent thousands of dollars in hidden value.

Recycling scrap metal from decommissioned machinery and infrastructure is not only a sound financial move but also an environmentally responsible one. By repurposing and reprocessing existing metal resources, businesses can reduce landfill waste, cut carbon emissions and contribute directly to Australia’s expanding circular economy.

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In short, what’s rusting in a yard or gathering dust in a storeroom could be a profitable opportunity waiting to be uncovered.

Maddy Gupta, founder and CEO of Manhari Recycling, one of Victoria’s largest and most trusted scrap metal recycling companies, said outdated or non-functioning items are too often written off as worthless, when in fact they can contain metals, parts and other components with strong resale or recycling value.

“Many businesses simply don’t realise what they’re holding on to,” Maddy Gupta said.

“From copper wiring inside old machinery to aluminium frames, motors, and electronic modules, these components have a ready market and can return real money to businesses that recycle them properly.”

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Founded in 2007 by Maddy Gupta, Manhari Recycling located in Victoria, is one of Australia’s largest and most trusted scrap metal recycling companies. With operations spanning nearly five hectares across Tottenham, Horsham and Ararat, Manhari processes over 250,000 metric tons of metal annually and exports to major manufacturing markets worldwide.

The company offers comprehensive services including auto recycling, whitegoods disposal, construction scrap recovery and e-waste processing. Committed to innovation, sustainability and customer service, Manhari is evolving into a leader in circular economy solutions, helping industry and community reduce waste, recover value and build a cleaner, greener future for Victoria.

Unlocking hidden value

Maddy Gupta emphasised that across manufacturing, construction, hospitality, retail and logistics, there is a vast range of items that can be recycled for profit. These include:

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– Factory and workshop machinery, such as lathes, milling machines, conveyors, forklifts and compressors
– Metal shelving, racking systems, mezzanine floors and warehouse fittings
– Refrigeration units, ovens, commercial dishwashers and other hospitality equipment
– Air-conditioning units, ventilation systems and ducting
– Copper cabling, wiring looms, switchboards and electrical components
– Aluminium doors, window frames, balustrades and structural fittings
– Vehicles, trailers and heavy equipment at the end of their working life
– Office furniture such as metal filing cabinets, workstations and chairs with steel frames
– Shop fittings, display units, counters and metal signage

“Many of these items contain high-value metals such as copper, aluminium, stainless steel and brass, which can be sold locally or exported to manufacturing markets. By dismantling them, recyclers can maximise the return for each component rather than selling the asset whole at a reduced price,” Maddy Gupta explained.

“These items can total a significant amount of money for a business when sold for recycling. This is why it is important for businesses to ensure they understand the real value of their unwanted items.”

Space, sustainability and the bottom line

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Recycling old assets not only generates income, it also frees up valuable space in workplaces, making operations more efficient. It benefits the environment by diverting waste from landfill, conserving natural resources and reducing the energy demand of manufacturing.

With scrap metal prices remaining competitive and sustainability under increasing public and regulatory scrutiny, now is the ideal time for businesses to audit their unused assets.

“Whether it’s a production line machine, a set of restaurant fridges or a warehouse full of outdated shelving, there’s a good chance those items are worth more broken down and recycled than sitting idle,” Maddy Gupta said.

“It’s money on the table that many businesses are missing.”

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Time to act

Businesses are being encouraged to make the effort to engage reputable recycling operators who can dismantle, collect and process materials safely and in compliance with environmental standards. Many recyclers now offer free pick-up for large loads and fast payment, making the process straightforward and profitable.

“It’s not just about clearing out the clutter, it’s about recognising the financial and environmental value in what you no longer use,” Maddy Gupta said.

“The sooner businesses act, the sooner they can turn those unused assets into real returns.”

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Gupta emphasised that often old equipment is worth more money to a business as scrap metal than selling it intact on the second hand market.

To get a free quote or book a pick-up, visit www.manhari.com.au

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Ex-Beacon Minerals manager pleads guilty to insider trading

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Ex-Beacon Minerals manager pleads guilty to insider trading

A former Beacon Minerals project manager has pleaded guilty to insider trading involving 11 million shares in the company.

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Wordle Answer April 17 2026 Revealed as BELLE in Puzzle #1763 Amid Fan Frenzy Over Double Letters

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Nancy Guthrie

NEW YORK — The New York Times Wordle answer for Friday, April 17, 2026, is BELLE, a charming five-letter noun that left many players celebrating a quick solve while others scrambled in the final guesses due to its repeated letters and elegant simplicity.

Wordle puzzle #1763 challenged the daily streak of millions of players worldwide with a word meaning a beautiful or popular woman, often the standout at a social event like “the belle of the ball.” The solution features two L’s and two E’s, fitting the hints shared across spoiler-free sites: it is a noun, contains two vowels, includes duplicate letters, and has synonyms such as “beauty” or “stunner.” It also starts with B, a detail that helped narrow options after early vowel-heavy guesses.

Players who opened with common starters like “AUDIO,” “RAISE” or “SLATE” often landed yellow or green feedback on the E early, steering them toward words with repeated letters. Those who tested “BEACH” or “BELLY” found themselves one letter away before landing on the correct spelling. The double L proved tricky for some, as Wordle rarely repeats consonants in this pattern, leading to creative but incorrect attempts like “BEECH” or “BELLE” variants.

The game’s creator, Josh Wardle, designed Wordle as a simple yet addictive word puzzle during the pandemic, and it has since become a global daily ritual. The New York Times acquired the game in 2022 and has maintained its straightforward black, yellow and green tile feedback system that has hooked casual solvers and competitive streak hunters alike.

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On April 17, many shared their results on social media with the familiar grid emoji format. Scores of 3/6 and 4/6 dominated discussions, with some boasting a lucky 2/6 after guessing “BELLE” directly from the “B” and vowel hints. Others vented about burning guesses on “BLADE,” “BLOOM” or “BEEFY” before cracking the code.

Wordle statistics for puzzle #1763 showed solid but not extreme difficulty. The answer avoided obscure vocabulary, making it accessible yet satisfying for vocabulary enthusiasts. “BELLE” also carries cultural resonance, evoking Southern charm, Disney’s “Beauty and the Beast” character Belle, and classic literature references.

The puzzle followed Thursday’s solution “CUBIT,” an ancient unit of measurement, continuing a recent streak of words that mix everyday language with occasional historical or niche terms. Friday’s answer kept the momentum light and celebratory as players headed into the weekend.

Fans of the game praised the balance in recent puzzles. While some days feature rare words that stump even seasoned players, April 17 delivered a feel-good win for many. Hints released the previous evening guided solvers without spoiling the fun: confirming the starting letter, the presence of duplicates, and the part of speech helped thousands avoid dead-end branches.

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Strategies for solving Wordle efficiently include prioritizing vowels early, testing common consonants like R, S, T, L and N, and paying close attention to yellow letters for repositioning. On days with repeated letters like April 17, players recommend testing words with double consonants or vowels once the pattern emerges. Tools like Scoredle or WordleBot provide post-game analysis, showing optimal guesses and how close players came to the solution.

Wordle’s appeal lies in its shared experience. Families compete over breakfast, coworkers share scores in group chats, and online communities dissect hints and celebrate streaks. The game’s simple interface works across devices, making it a staple for commuters, students and retirees alike.

As of April 2026, Wordle continues to attract millions of daily players more than five years after its explosive popularity surge. The New York Times has introduced occasional variants and maintains strict answer curation to avoid offensive or overly obscure terms. Puzzle #1763 exemplified that careful selection with a positive, recognizable word.

For those who missed “BELLE,” the next puzzle arrives Saturday, April 18. Players are advised to avoid spoilers until they have attempted their own solve. Sharing results with the #Wordle hashtag remains a popular way to connect with fellow enthusiasts without ruining the fun for others.

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The April 17 solution also sparked lighthearted cultural references. Some players joked about feeling like the “belle of the ball” after solving in three guesses, while others noted the word’s appearance in song lyrics and classic films. The Disney connection drew smiles from parents playing alongside children.

Wordle statistics trackers show that repeated-letter puzzles can slightly increase average solve times, but they also create memorable “aha” moments when the pattern clicks. “BELLE” joins other elegant answers in the game’s history that reward both linguistic knowledge and logical deduction.

Looking ahead, Wordle’s consistent daily release ensures players have a fresh challenge each morning. Whether the weekend brings easier or tougher words, the community spirit remains strong. Forums and Reddit threads like r/wordle buzz with shared grids, strategy tips and occasional complaints about tricky letter combinations.

For new players, starting with a balanced opener that covers multiple vowels and frequent consonants maximizes information gain. From there, eliminating impossible letters and testing high-frequency patterns leads most to victory within the six-guess limit.

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The April 17, 2026, Wordle served as a gentle yet satisfying reminder of why the game endures: it combines simplicity, strategy and a touch of serendipity. “BELLE” delivered joy to many and a learning moment to others, keeping the daily word puzzle tradition alive and thriving well into 2026.

As players reset their streaks or celebrated new personal bests, the global Wordle community once again proved that a five-letter word can unite millions in a shared moment of mental exercise and fun. Whether solved in two tries or a hard-fought six, today’s answer added another entry to the ever-growing list of memorable Wordle moments.

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Rising fuel costs threaten Spirit Airlines’ bankruptcy exit plan

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Rising fuel costs threaten Spirit Airlines’ bankruptcy exit plan

Spirit Airlines is facing renewed financial pressure as rising fuel costs threaten to complicate its efforts to exit bankruptcy, adding uncertainty to its restructuring plan, according to reports. 

The low-cost carrier, which filed for Chapter 11 bankruptcy protection in late 2024, has been working toward a financial overhaul aimed at stabilizing operations and improving liquidity. But a recent surge in fuel prices – driven by the ongoing war with Iran – is creating fresh headwinds at a critical stage in the process.

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The dire situation has led some creditors to explore a potential liquidation of the airline, according to reports from Bloomberg and The Wall Street Journal, as its low-cost structure leaves it more exposed to triple-digit increases in fuel costs.

Fuel remains one of the largest expenses for airlines, and the recent spike is hitting Spirit particularly hard given its ultra-low-cost model. Unlike larger carriers, Spirit has limited flexibility to offset higher costs through fare increases without risking a decline in demand.

AMERICAN AIRLINES JOINS WAVE OF CARRIERS HIKING CHECKED BAG FEES AS JET FUEL PRICES SKYROCKET

spirit airlines

Passengers check in for their Spirit Airlines flights at O’Hare Airport on March 10, 2026, in Chicago, Illinois.  (Scott Olson/Getty Images)

Creditors have already raised concerns about the company’s restructuring plan. In a recent court filing, lenders behind Spirit’s revolving credit facility argued the proposal may not be viable if fuel prices remain elevated.

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The financial impact could be critical. JPMorgan analysts, cited by the Journal, estimate that higher fuel prices could add roughly $360 million to Spirit’s expenses this year – exceeding the $337 million in cash the airline reported at the end of last year.

Spirit Airlines planes in Florida.

Spirit Airlines airplanes at Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on Oct. 24, 2023. (Eva Marie Uzcategui/Bloomberg via Getty Images)

That imbalance highlights the scale of the challenge as the airline attempts to restructure while managing rising operating costs and constrained liquidity.

DELTA, SOUTHWEST HIKE CHECKED BAGS AS AIRLINES FACE SURGING FUEL COSTS

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Spirit has already taken steps to shore up its finances, including raising fares, cutting unprofitable routes and reducing its fleet.

Spirit Airlines plane in Austin, Texas

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport on Feb. 12, 2024, in Austin, Texas. (Brandon Bell/Getty Images)

The company said in court filings it expects fuel price volatility to ease in the coming months, with conditions potentially stabilizing later this spring. But the outlook remains uncertain with the Iran conflict showing no end in sight and continuing to disrupt global energy markets.

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Spirit Airlines did not immediately respond to FOX Business’ request for comment.

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Wipro shares crack 4% after Q4, Rs 15,000-crore buyback. What Goldman Sachs, other brokerages are saying?

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Wipro shares crack 4% after Q4, Rs 15,000-crore buyback. What Goldman Sachs, other brokerages are saying?
Shares of Wipro, India’s fourth-largest IT services company, fell as much as 4% to their day’s low of Rs 202 on the NSE on Friday after it reported a 2% fall in its consolidated net profit at Rs 3,502 crore in the fourth quarter. The company’s board also approved a buyback of Rs 15,000 crore along with its financial results.

Revenue from operations, meanwhile, increased 8% YoY to Rs 24,236 crore. However, the core IT services segment showed limited traction. Revenue stood at $2.65 billion, growing just 0.6% quarter-on-quarter and 2.1% year-on-year. On a constant currency basis, IT services revenue rose 0.2% sequentially but declined 0.2% annually, highlighting weak underlying demand.

Wipro reported a sequential rise in profit, which was up 12% quarter-on-quarter. IT services operating margin came in at 17.3%, declining 0.3% sequentially and 0.2% YoY, indicating continued cost pressures and investment-led drag.

What are experts saying?

Wall Street major Morgan Stanley maintained an Underweight rating and cut its target price to Rs 192 from Rs 242, a downside of nearly 9%. The brokerage flagged weak fourth-quarter performance, with revenue declining 1.3% QoQ in constant currency. It also pointed to a 1.6% YoY decline in FY26 revenue, reflecting underperformance versus peers. The outlook remains subdued, with 1QFY27 guidance indicating a further 1.5% to 2% QoQ decline.

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While margins have held up so far, they are expected to fall short of the 17% to 17.5% band in FY27. The firm also noted the Rs 15,000 crore buyback as supportive of shareholder returns but has lowered its revenue growth and margin estimates for FY27 and FY28, expecting continued relative underperformance and a valuation discount to peers.
Goldman Sachs reiterated its Sell rating with a target price of Rs 187. It highlighted a weaker-than-expected Q4 performance and said the guidance points to continued revenue contraction in the near term. The brokerage expects FY27 to mark the fourth consecutive year of revenue decline for Wipro and has cut its revenue and earnings estimates following the results. It also noted that the commentary has a neutral read-across for the broader IT sector.
Nomura retained a more constructive stance with a Buy rating and raised its target price to Rs 250 from Rs 240, describing Q4FY26 as a mixed quarter. Deal wins remained steady, with total bookings of $3.5 billion in Q4, down 13% YoY, including large deals worth $1.4 billion, down 18% YoY. The pipeline continues to be driven by vendor consolidation, cost optimisation and increasing demand for AI-led transformation. Nomura believes timely execution of these deals will be key to improving growth, and it expects USD revenue to grow 0.9% in FY27 and 4% in FY28.
Motilal Oswal maintained a Neutral rating on Wipro with a target price of Rs 215, implying a modest upside of around 2%. The brokerage expects constant currency revenue to grow about 1.0% YoY in FY27, factoring in a weak start to the year with 1QFY27 revenue likely to decline around 1.0% QoQ. It highlighted ongoing challenges such as delays in deal ramp-ups, a decline in contribution from top clients and weakness across key verticals. The firm also sees limited scope for margin expansion due to wage hikes, the ramp-up of lower-margin deals and continued investments in AI. It has largely kept its estimates unchanged.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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BOJ chief avoids hints of April rate hike, shattering hawkish market bets

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Iran war drives up costs, spoils the mood at China’s largest trade fair

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Iran war drives up costs, spoils the mood at China’s largest trade fair

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Oil Price Today (April 17): Crude oil prices fall on Israel-Lebanon ceasefire, Iran war peace talks. Is the worst over?

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Oil Price Today (April 17): Crude oil prices fall on Israel-Lebanon ceasefire, Iran war peace talks. Is the worst over?
Oil prices edged lower on Friday as hopes of easing tensions in the Middle East eased investor fears. The decline follows a 10-day ceasefire between Lebanon and Israel coming into effect, along with remarks from U.S. President Donald Trump indicating that Washington and Iran could hold talks over the weekend.

Addressing a major hurdle in efforts to end the Iran conflict, which has shut the Strait of Hormuz for seven weeks and disrupted about one-fifth of global oil supply, Trump said Tehran had proposed not pursuing nuclear weapons for more than 20 years. “We’re going to see what happens. But I think we’re very close to making a deal with Iran,” he told reporters outside the White House on Thursday.

Crude oil price on April 17

Brent crude futures dropped $1.34, or 1.35%, to $98.05 a barrel at 0021 GMT. U.S. West Texas Intermediate crude fell $1.65, or 1.74%, to $93.40 a barrel, giving up some of the gains seen in the previous session. Oil prices had surged 50% in March during a record rally and only recently slipped below the $100 per barrel mark. However, they have largely held in the $90 range this week.Israel’s military operations in Lebanon have remained a key stumbling block in securing a broader peace agreement that Trump is seeking to end the Iran war, which he initiated alongside Israel in late February.
Adding to the downward pressure on prices is the 10-day truce between Israel and Lebanon. During an earlier two-week ceasefire, Iran had insisted that Lebanon be included in any agreement, while hostilities between Israel and Lebanon continued.

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The latest ceasefire took effect at midnight on Friday in Lebanon, pausing clashes between Israeli forces and the militant group Hezbollah. This development removes a significant obstacle to ongoing U.S.-Iran negotiations.
Officials from both Israel and Lebanon confirmed their participation in the truce, which Trump announced after a diplomatic push by the U.S. government last night. Still, experts suggest that WTI prices are likely to remain volatile within the $80 to $100 range until a formal agreement is reached and normal navigation resumes.

Brokerage firm Macquarie noted that even if tensions ease, oil prices are likely to stay supported in the $85 to $90 range, with a gradual move toward $110 as flows through the Strait of Hormuz normalise. It added that if disruptions extend through April, Brent could still rise to $150 per barrel.

Market experts believe crude may be entering a structurally higher price phase. The current ceasefire is temporary and a return to pre-war levels of $70 to $75 could take several months. Analysts warn that in the near term, he expects crude to remain within a range of $80 to $85 on the downside and $95 to $100 on the upside.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Exclusive-Ukraine PM says she feels more confident of US support after visit to Washington

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