CBDT envisages a tax-to-GDP ratio from currently 12% to 20% in 5-10 years

India records its highest direct net tax revenue at ₹14.09 lakh crore in FY22; Figures outperform indirect tax figures India records its highest direct net tax revenue at ₹14.09 lakh crore in FY22; Figures outperform indirect tax figures India’s direct tax net receipts for FY22 were £14.09.640.83 billion, the highest ever tally, suggesting the Indian […]

Continue Reading

Tesla loses $126 billion in value over concerns about funding Musk’s Twitter deal

Tesla isn’t involved in the Twitter deal, but its shares have been targeted by speculators after Musk refused to publicly disclose where his money for the acquisition came from. Tesla isn’t involved in the Twitter deal, but its shares have been targeted by speculators after Musk refused to publicly disclose where his money for the […]

Continue Reading

Alphabet misses out on revenue as YouTube falls short Inflationary pressures on ad sales

YouTube ad revenue of $6.9 billion fell short of Wall Street’s target of $7.5 billion. YouTube ad revenue of $6.9 billion fell short of Wall Street’s target of $7.5 billion. Google parent Alphabet Inc on Tuesday reported first-quarter revenue came in below expectations as YouTube fell well short of Wall Street targets and ad sales […]

Continue Reading

Sensex collects 496 points in early trading

Unabated foreign capital outflows and selling in index majors Infosys and Bajaj Finance also played spoilsports, traders say. Unabated foreign capital outflows and selling in index majors Infosys and Bajaj Finance also played spoilsports, traders say. Stock markets fell on Wednesday, April 27, 2022 after a strong rebound in previous trade, with the Sensex falling […]

Continue Reading

The Yankee Letter report shows the bombers cheated

picture: Shutterstock After months of speculation As for the contents of the “scandalous” sealed letter, which allegedly contained evidence of a previously unknown New York Yankees cheating scandal, the contents were allegedly published in a report by Andy Martino, an MLB insider for SportsNet New York, in which he says SNY “received” the letter on […]

Continue Reading

Hyundai will launch the “IONIQ 5” EV in India this year

The Korean automaker announced in 2021 its plans to invest around £4,000m in research and development over the next seven years The Korean automaker announced in 2021 its plans to invest around £4,000m in research and development over the next seven years Korean automaker Hyundai Motor announced on Tuesday, April 26, 2022 that it will […]

Continue Reading

Biocon Biologics Receives $90M Contract From Malaysian Government To Supply Human Insulin

Biocon Biologics’ Insugen formulations will be available to patients at all Department of Health hospitals, district health departments and health clinics Biocon Biologics’ Insugen formulations will be available to patients at all Department of Health hospitals, district health departments and health clinics Biocon Biologics Limited (BBL), a subsidiary of Biocon, announced on Tuesday that it […]

Continue Reading

Nirmala Sitharaman invites US semiconductor companies to invest in India

Last year, the government approved a 76,000-crore program to boost semiconductor and display manufacturing in the country Last year, the government approved a 76,000-crore program to boost semiconductor and display manufacturing in the country Finance Minister Nirmala Sitharaman met with representatives of the US semiconductor industry on Monday and invited them to further investments in […]

Continue Reading