Business
Google's Rebounding Ad Revenue Spells Big 4Q For Alphabet
Googles digital advertising empire is regaining the momentum it lost during the pandemic's early stages as its YouTube video service matures into a major marketing magnet and companies anticipate more spending by coopedup consumers when the economy reopen...
FTC Says Amazon Took Away USD 62 Million In Tips From Drivers
New York, Feb 2 (AP) Amazon is paying nearly USD 62 million to settle charges that it took tips from its delivery drivers. The Federal Trade Commission said Tuesday that for more than two years, Amazon didn't pass on tips to drivers, even though it prom...
Global Blueprint For Climate Disclosures By Companies Due In September
An international accounting body said on Tuesday it would set out a definitive proposal in September for global rules to govern company disclosures of risks from climate change.
Pfizer Swings To A Profit, But Misses Street Expectations
Pfizer swing to a small profit in the fourthquarter as rising medicine sales helped offset big increases in spending on research and production, but it still missed Wall Street expectations.
BP Profit Sinks As Epidemic Pummels Demand
BP's fourthquarter profit sank to $115 million, missing analysts' forecasts, pummelled by continued weak energy demand due to the coronavirus epidemic and weak trading results.
Oil Prices Rise As Producers Commit To Output Restraint
Oil prices rose around 1% on Tuesday after major producers showed they were cutting crude output in line with their commitments on restraint, supporting a market thrown out of kilter by weak demand during the coronavirus pandemic.
Transform Economics To Halt Destruction Of The Natural World, UK Study Urges
Nations will have to rethink economic growth as a measure of success if they want to make good on pledges to halt the destruction of the natural world, according to a British governmentbacked report published on Tuesday.
Here's All You Need to Know About Taxes You Pay for Your Fuel
Sitharaman said that consequent to imposition of Agriculture Infrastructure and Development Cess on petrol and diesel, Basic excise duty and Special Additional Excise Duty rates have been reduced on them so that overall consumer does not bear any addition...
Budget: Additional Deduction of Rs 1.5 Lakh on Home Loan Interest Extended Till March 2022
In the budget speech for 2021-22 fiscal year, Finance Minister Nirmala Sitharaman said the government sees 'Housing for All' and affordable housing as priority areas.
Govt Proposes Rs 1,000 Cr for Welfare of Tea Workers in Assam, West Bengal
In the first paperless Union Budget, Finance Minister Nirmala Sitharaman said that a special scheme will be devised for the welfare of Bengal and Assam tea workers.
Troubled Chinese Conglomerate Missing Up To $15 Billion
Companies that are part of HNA Group, a Chinese conglomerate that says creditors want it declared bankrupt after a global acquisition spree, want to recover as much as $15 billion that might have been paid out improperly to major shareholders.
Budget 2021: Sitharaman Raises Fiscal Deficit Target to 9.5%, Highest in Last 30 Years, Promises Larger Spending Against Slowdown
For FY21, the fiscal deficit was estimated at 3.5 percent by the government in the last Budget announced in February 2020.
Budget 2021 Gets Thumbs up From D-Street as Sensex Zooms Over 2,000 Points After Nirmala Sitharaman Speech
The BSE Sensex zoomed over 1,600 points to reach within touching distance of 48,000 just after Sitharaman concluded her budget speech, while Nifty 50 crossed the 14,000-mark.
Income Tax Slabs May Stay Unchanged, But Govt Likely to Give More Exemptions in Union Budget 2021
The government may reduce the tax burden to push more demand by ensuring more disposable income. This is aimed to be done through tax proposals to incentivise the new tax regime rather than any major overhaul in the income tax slabs.
What Women Want from Budget 2021: Balanced Resource Allocation, Focus on Care Economy
While there are prominent economists who believe that gender budgeting mars the work of feminist economists who want to redesign economic policy and allocations on the grounds of equality, there are many who think that the gendered perspective has indeed...
New Book Sees A 'New Possible' Emerging From 2020's Tumult
In pop culture, 2020 has been understandably reviled as the hell year. It tormented us with a lethal pandemic spiraling out of control, thousands of shuttered businesses, violent protests over racial injustice, raging wildfires and political extremism and...