Meta’s VR Oculus Business Said to Be Probed by US States

Multiple states have begun investigating potential violations in how Facebook, now known as Meta Platforms, runs its virtual-reality Oculus business, according to three sources familiar with the matter. Two of the sources said the US Federal Trade Commission was also involved in the antitrust investigation. Meta did not immediately respond to a request for comment. […]

States Demand GST Extension For 5 Years During Pre-Budget Meeting With FM

States have sought extension of GST compensation scheme for another five years New Delhi: Several states have sought extension of the GST compentation cess regime for another five years and also urged that the share of central government should be raised in centrally-sponsored schemes, as their revenues have been severely hit by the Coronavirus pandemic. […]

Nirmala Sitharaman To Meet States’ Finance Ministers On December 30

Finance minister Nirmala Sitharaman will meet her states counterparts for pre-budget consultations New Delhi: Finance minister Nirmala Sitharaman will meet her counterparts from the states on Thursday, December 30 as part of the customary pre-budgetary consultations. According to official sources, it will be a physical meeting, unlike other pre-budget consultations with stakeholders, which were held […]

United States Register First T20I Win Against Test Playing Nation, Beat Ireland In Florida | Cricket News

The United States scored a famous and deserved T20I triumph over Ireland on Wednesday to get the most important series in their history off to the best possible start. A brilliant 65 from Gajanand Singh helped the hosts reach a competitive 188 for 6 in their 20 overs and some disciplined bowling from Saurabh Netravalkar and […]

RBI Appoints CSB Bank To Undertake Centre, States’ Banking Business

Over 85 per cent of the transactions in the bank are conducted through the digital mode, CSB Bank said. New Delhi: Private sector lender CSB Bank on Tuesday said it has been empanelled as an ‘agency bank’ by the Reserve Bank of India (RBI) to undertake general banking business of central and state governments. This […]

States’ Tax Collections Surpassed Pre-COVID Level In First Half Of Fiscal

The Centre’s direct tax collections soared 83.7 per cent in the first half of fiscal States’ tax collections reached pre-pandemic levels in the first half of the current fiscal year, according to the December issue of the Reserve Bank of India’s bulletin. Government finances, both of the Centre and states, showed resilience during the first […]

PUBG: New State’s Major Update Is Postponed: Details Here

PUBG: New State was scheduled to roll out a large update on December 9, but publisher Krafton has announced that the downtime that the game would require for it has been postponed. The game’s servers were expected to be closed for maintenance on Thursday, in order to release the update to version 0.9.2 of the […]

States Borrowing Cost Hits 1-Month High At 6.80%

Weighted average cost of borrowings across states has shown good growth After falling marginally for two weeks, the cost of debt-funds for the states jumped again as the weighted average cost of borrowings rose by 37 bps to a one-month high of 6.80 per cent in the auction on Tuesday compared to the last week. […]

RBI Says States’ High Debt-To-GDP Ratio Worrisome

RBI has said in its report that states need to take steps to address rising debt concerns States’ debt-to-GDP ratio is expected to remain at 31 per cent by the end of the current fiscal, which is higher than the 20 per cent target which is to be achieved by the next fiscal, i.e. 2022-23. […]

GST Compensation Worth Rs 52,000 Crores Due To States Till September

GST compensation worth Rs 52,000 crore was due to states till September 2021 Approximately Rs 52,000 crores of Goods and Services Tax (GST) compensation was due to the states till September 2021, government has said. Giving this information, minister of state for finance Pankaj Chaudhary told Lok Sabha said in a written reply to a […]

This site uses cookies to offer you a better browsing experience. By browsing this website, you agree to our use of cookies.