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Insider by Finology Profile picture
@FinologyInsider
May 31 • 5 tweets • 3 min read Twitter logo Read on Twitter
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.

(3/5)
➡️ Another Round of Valuation Tumble for Indian Unicorns

#Byju's and #Meesho's valuations have joined the valuation tumble. After three months, #BlackRock again dropped Byju's valuation to $8.2 billion from an $11.15 billion slash by the US-based investor in March.

(4/5)
Whereas, Meesho saw a 10% cut by US investor #Fidelity making its valuation drop from $4.9 billion to $4.4 billion.

#Swiggy, #PineLabs, Ola, and Oyo are some names joining the valuation tumble this year. What's happening in the investing sector?

(5/5)

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More from @FinologyInsider

Insider by Finology Profile picture
May 30
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)
Read 6 tweets
Insider by Finology Profile picture
Feb 1
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.

#Seniorcitizen #IndianEconomy
• Eligibility

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.
Read 12 tweets
Insider by Finology Profile picture
Feb 1
Mahila Samman Savings Certificate - Everything about it 🧵

#NirmalaSitaraman #Budget2023
The Mahila Samman Savings Certificate is aimed at ensuring women’s safety and welfare.

#womenempowerment
Interest rate

The one-time new small saving scheme will offer a fixed interest rate of 7.5 per cent.

#middleclass
Read 8 tweets
Insider by Finology Profile picture
Feb 1
We're breaking #Budget2023 down for you.

Sit back, relax, and have a great read! 👇
#AskKamra
1.

Infra gets boost:

- Highest ever capital outlay of Rs. 2.40 lakh crores for Railways

- 50-year interest-free loans to states one more year for infra spends
2.
Agri & Fisheries to benefit:

- Agricultural accelerator fund to promote agri-startups

- 10,000 bio-input resource centres in next 3 yrs to promote natural farming

- 6000 Cr outlay for Animal husbandry, dairy, and fisheries
Read 28 tweets
Insider by Finology Profile picture
Jan 31
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.
Read 7 tweets

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