Attorney General William Barr listens as President Donald J. Trump delivers remarks and signs the Operation Lady Justice Executive Order to address the issue of missing and murdered Native Americans in the Oval Office at the White House on Tuesday, Nov 26, 2019 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images […]
Archives for 2020
Ohio auditor finds six weaknesses in Cuyahoga County accounting practices in 2018 – cleveland.com
CLEVELAND, Ohio — The Ohio auditor identified six issues with the accounting practices of Cuyahoga County Executive Armond Budish’s administration in 2018 that left open the possibility of financial misstatements going undetected. The deficiencies, identified by auditors as “material weaknesses”, were released Thursday in Ohio Auditor Keith Faber’s annual report on county finances. Unlike the […]
Euro zone GDP slows as expected in Q4, but employment beats consensus
BRUSSELS (Reuters) – Euro zone economic growth slowed as expected in the last three months of 2019 as gross domestic product shrank in France and Italy against the previous quarter, but employment growth picked up more than expected, official estimates showed on Friday. The European Union’s statistics office Eurostat said GDP in the 19 countries […]
China’s startups on the ropes after virus freezes funding
By Lulu Yilun Chen China’s highest-flying technology startups are struggling to stay afloat after the coronavirus outbreak threatened to paralyze critical venture capital funding. Investment in an industry that runs on face-to-face contact and gut instinct has fallen off a cliff since the epidemic erupted in January. Venture capital funds slashed startup investment by 60% […]
Myntra names its new chief technology officer
Fashion etailer Myntra has announced a new appointment in its leadership team. Raghu Krishnananda has been named as its new chief technology officer (CTO). He was last working as the head of service platforms at Samsung Research Institute in Bengaluru. With over two decades of experience as a tech expert, Krishnananda has led R&D teams […]
RBS set to rebrand under NatWest name
Royal Bank of Scotland, the part nationalised bank baled out by the government, plans to rebrand under the NatWest name later this year. The news comes after a positive set of results for RBS which saw profits double in 2019 to £3.1bn from £1.7bn the previous year. Its private banking operations, Coutts and Adam & […]
Karnataka High Court stays CCI probe into Amazon, Flipkart
Illustration: Rahul Awasthi The Karnataka High Court on Friday stayed the Competition Commission of India’s (CCI) investigation into allegations of anti competitive behaviour by Amazon and its chief rival Flipkart for a period of eight weeks. The interim order comes as a relief to both firms that had come under the competition watchdog’s scrutiny for […]
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his own paying more to national governments. “We also want tax reform and I’m glad the OECD is looking at this,” Zuckerberg says […]
Highest Tax Saving Bank Fixed Deposit Rates U/S 80C – February 2020
Tax Saving Fixed Deposits one of the most popular way to save taxes u/s 80C of income tax. These are like normal Fixed Deposit with banks but is labeled as “Tax Saving FD” while making the deposit. Why you Should Invest? Convenient to invest. ICICI Bank, SBI, HDFC Bank, etc offers online facility for Tax […]
Amazon’s claim unfounded, CCI tells Karnataka HC
Illustration: Rahul Awasthi The Competition Commission of India on Thursday told the Karnataka High Court that Amazon’s claim of the commission not having followed the due process in gathering evidence before ordering a probe into the company and its chief rival Flipkart was unfounded. Senior counsel Harish Narsappa, who argued for the CCI, told the […]