Economic News – Atlas Today

Written by:RituPosted on:July 14, 2023

Other than hearty interest across sections, rise attached to quarter-end business likewise pushed the advance volumes in fortnight, brokers said Reflecting flood in quarter-end business, Business Bank credit extended by 16.22 percent Year on Year (YoY) premise to Rs 143.91 trillion toward the finish of fortnight finished June 30, 2023. The credit had extended by 14.4 percent YoY a year prior, as per Save Bank of India information. Consecutively, bank loaning in outright…

Written by:RituPosted on:July 13, 2023

Distorting of pay and asserting improper derivations while documenting the Annual Expense form (ITR) for AY 2023-24 can prompt serious outcomes, as per Annual Duty Division. Mitali Madhusmita, Head Boss Magistrate of Annual Duty, Andhra Pradesh and Telangana district, as of late said that numerous citizens have guaranteed discounts of as high as 75% to 90% of the TDS deducted by the business. Tending to media last week, the Personal Duty…

Written by:RituPosted on:July 11, 2023

The Annual Duty Division in India charges no assessment on pay acquired through specific means. Notwithstanding, it relies upon different circumstances and cutoff points. Since an opportunity to record personal assessment form is approaching, you really should know this. Non-available pay: Each annual citizen generally searches for ways of saving personal duty. For this, he takes on different measures going from putting resources into different plans. In any case, do you have any idea…

Written by:RituPosted on:June 15, 2023

Earlier this week, the company announced a $3 billion investment over three years in its Data & AI practice. The expansion includes new industry solutions, the AI Navigator for Enterprise platform, a Center for Advanced AI, and doubling their AI talent to 80,000 people. The company is set to report its Q3/23 earnings on June 22. Street estimates stand at $3.01 for EPS and $16.49B for revenues.Shift4 Payments upgraded to Outperform SVB Moffett Nathanson upgraded…

Written by:RituPosted on:June 14, 2023

Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual general meeting (AGM) on Wednesday, an endorsement of the automaker a day after it laid out an extensive electric vehicle strategy. EV ROADMAP Toyota aims to produce more efficient, faster-charging versions of current batteries to improve EV driving range and cost, and, within the decade, mass produce game-changing solid-state batteries after saying it had overcome a technical…

Written by:RituPosted on:February 7, 2023

U.S. stock futures were trading in a tight range during Monday’s evening deals, after major benchmark averages finished the regular session lower as rising yields put pressure on risk-sensitive assets ahead of key speeches set to be delivered by Federal Reserve officials later in Tuesday’s session. By 18:30 ET (23:30 GMT) Dow Jones futures, S&P 500 futures, and Nasdaq 100 futures were trading in a range of 0.1%. In extended deals, Chegg (NYSE:CHGG) fell 21.5%…

Written by:RituPosted on:February 6, 2023

Taiwan’s exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties due to the war in Ukraine, and the COVID situation in China impacting tech demand, according to a Reuters poll. Taiwan, a global hub for chip production and a key supplier to Apple Inc (NASDAQ:AAPL), is one of Asia’s leading exporters of technology goods. The trade data is seen as an important gauge of world…

Written by:RituPosted on:February 3, 2023

Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing’s zero-COVID protocols, with a survey by a leading recruiter showing a surge in job openings in the hospitality industry. During the first six days of work after China’s Lunar New Year holiday, job openings in the hotel and catering sectors surged 40% from the same period a year earlier, according to a survey published on Friday…

Written by:RituPosted on:February 3, 2023

U.S. stock futures were trading lower during Thursday’s evening deals, after major benchmark averages finished mixed as investors grew cautious after a slew of mixed earnings reports. By 6:35pm ET (11:40pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.6% and Nasdaq 100 Futures were down 1.2%. In extended deals, Apple (NASDAQ:AAPL) shed 2.1% after the company reported Q1 EPS at $1.88 versus $1.94 expected, while revenues came in at $117.12 billion…

Written by:RituPosted on:February 2, 2023

Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the “Year of Efficiency.” The parent of Instagram and Facebook (NASDAQ:META), which has fallen on hard times amid a broad post-pandemic slump in digital ads, is focused on improving its content recommendations powered by artificial intelligence and its ad targeting systems to keep users clicking. Meanwhile, it will cut…