Economy

San Francisco: Google parent company Alphabet's net profit dropped to $16.4 billion compared to last year's $17.9 billion in the first quarter of this year, as its Search and Cloud businesses saw great momentum. Alphabet registered $68…
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San Francisco:  Riding once again on its Azure Cloud business, Microsoft has posted double-digit growth in its third quarter that ended on March 31, posting a revenue of $49.4 billion and net income of $16.7 billion. Revenue was up 18…
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New Delhi:  Hailing the India digital payments growth story, Alphabet and Google CEO Sundar Pichai has said that the company's payments strategy is very similar to the strategy it has for commerce overall. During the company's quarterly…
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New Delhi:  Jack Dorsey is set to take home a hefty amount of $978 million in cash once the Elon Musks Twitter takeover deal gets through. Dorsey holds 2.4 per cent or a little over 18 million shares in the company and after once the $44…
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Washington: The Russia-Ukraine conflict has dealt "a major shock" to commodity markets, altering global patterns of trade, production and consumption, the World Bank (WB) said in a report released on Tuesday. The increase in energy…
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New Delhi:  Navikenz, a consulting-led Artificial Intelligence (AI) services company, raised $4M in seed funding from several HNIs led by Sudip Nandy, ex-CEO Aricent and Sekar PRC ex-CEO Hexaware. The investment comes at a time when the…
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New Delhi: Global semiconductor revenue is projected to total $676 billion in 2022, an increase of 13.6 per cent from 2021, a Gartner report said on Tuesday. Semiconductor revenue for smartphones is forecast to increase 15.2 per cent in…
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San Francisco: With Elon Musk acquiring Twitter for $44 billion, advertisers are having nightmares as free speech can kill their prospects on the platform as their brand's name may appear alongside hate speech and abusive or dangerous…
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Bhubaneswar: The net direct tax collections (income tax and corporate tax) reached an all time high of Rs 14.09 lakh crore in financial year 2021-22 against Rs 9.45 lakh crore collections in FY 2020-21, CBDT Chairman J.B. Mohapatra said…
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Jammu: The Lieutenant Governor of Jammu and Kashmir, Manoj Sinha, on Tuesday chaired a pre-event consultation meeting for the forthcoming Real Estate Summit likely to be held in August in Srinagar. At the meeting, Sinha asked the CREDAI…
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