Insider Bullet Train: The News You Shouldn't Miss!
(30-05-2023)
👉#Apple Will Need a Concrete Reason to Remove Betting Apps
👉#NDTV placed under surveillance amidst Adani Group Stock surge.
Watch this thread for today's updates!🧵⬇️
(1/6)
➡️Apple: Will Need a Concrete Reason to Remove #Betting Apps
The government banned 232 betting apps in February 2023. To which #iPhone maker Apple responded by asking for a “concrete or legal reason” to take down the betting apps from its phones.
(2/6)
After the #MeitY order to ban apps like Betway, Lotus 365, etc, many are still operating in the open with advertisements on digital platforms and Apple App Store.
Will Apple comply with the government’s clause, or will it take up arms in the court?
(3/6)
➡️NDTV placed under surveillance amidst #Adani Group Stock surge.
NDTV is currently being temporarily further monitored by the #BSE and #NSE because of unusual price swings caused by the spike in Adani group shares.
(4/6)
Since the previous Monday, when Adani companies rallied after being cleared of allegations by a #SupremeCourt appointed commission, the stock has increased 34%.
(5/6)
Is it merely a coincidence that the Adani group companies had already been monitored, adding to the general suspicion raised by #NDTV latest investigation?
(6/6)
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Insider Bullet Train: The News You Shouldn't Miss!
(31-05-2023)
👉#WhatsApp To Talk Business Now!
👉Another Round of Valuation Tumble for Indian #unicorns
Watch this thread for today's updates! 🧵⬇️
(1/5)
➡️ WhatsApp To Talk Business Now!
WhatsApp is starting to monetise its Business platform with a new pricing policy. Based on the nature of communication, #WhatsAppBusiness will charge ₹0.3082 for utility messages and ₹0.7265 for marketing messages from June 1st.
(2/5)
This news has hit small and medium #businesses as they rely most on the medium to carry on their operations.
Many seem reluctant to continue their operations as usual with WhatsApp Business, whereas others think it is a necessity for their operations.
9 things to know about Senior Citizen Saving Scheme:
• What SCSS offers?
• Eligibility
• Interest Rates
• Account opening procedure
• Taxation
• Maturity Period
• Minimum & Max Deposit
• Tenure
• Lapse of Scheme
– A Thread🧵⤵️ –
• What SCSS offers?
This scheme comes in as a viable investment option for retired as well as Senior citizens. It is one such parkway which aims at delivering safe & viable investment options.
The Eligibility criteria of individual investors must be at least 60 years & above. This scheme also includes retired defence personnel with a minimum age of 50 yrs.
People who are not allowed to invest in SCSS are NRIs & HUFs.
Here are #5ReasonsWhy the budget matters.
The budget is a bit… slow (no offence @nsitharaman, but there are better ways to spend #1stFeb).
Slow delivery aside, understanding the budget is beneficial. If nothing, you could get something for your #budgetday griping!
Taxation Changes:
Each budget decides the rates of both direct and indirect tax.
With the Union #Budget2023 , Income tax is expected to reduce, raising people’s income.
Indirect tax is expected to rise on fuel, luxury goods and tobacco, reducing demand.
Inflation and Interest Rates:
Rising indirect taxes on fuel may increase its prices, which raises the cost of various goods that use the same fuel as an input. This increase in price may lead to inflation.
Fiscal and monetary plans from the budget control inflation in a country.