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India's tax revenue to hit 12% of GDP in FY26 - highest in nearly two decades - ETCFO

India's tax revenue is projected to reach a high of 12.0% of GDP in FY2025-26, driven by robust tax buoyancy and economic formalisation. Direct tax collections are expected to surge, fueled by higher corporate profits and increased personal income reporting.

Source: cfo.economictimes.indiatimes.com
May 29, 2025 | 07:19:21
Category: Top Stories

Salesforce Declares 'Multitrillion Dollar Opportunity' With Digital Labor Revolution: Jim Cramer Says CRM Is Doing 'Exciting Things' - PepsiCo ( NASDAQ:PEP ) , Salesforce ( NYSE:CRM )

Salesforce Inc. CRM management continued to place its bets on the multitrillion-dollar opportunity arising from the digital labor revolution during its first-quarter earnings call on Wednesday.

Source: www.benzinga.com
May 29, 2025 | 07:21:06
Category: Markets

These Monster Dividend Stocks Can Turn $1,000 Into Over $100 in Passive Income Each Year

Many companies pay dividends. However, some companies pay monster dividends. That's due to a combination of their structure and business model. AGNC Investment ( NASDAQ: AGNC ) , Annaly Capital Management ( NYSE: NLY ) , and Delek Logistics Partners ( NYSE: DKL ) are monster dividend stocks, ...

Source: www.fool.com
May 29, 2025 | 07:26:00
Category: News

Metaplanet issues $21M in bonds to buy Bitcoin, a day after $50M raise

Japanese investment company Metaplanet issued $21 million in zero-interest bonds to Evo Fund, a Cayman Islands-based investment firm, just a day after announcing a separate $50 million raise, further accelerating its Bitcoin accumulation strategy.The 17th series of bonds, issued on May 29, comes ...

Source: cointelegraph.com
May 29, 2025 | 07:29:22
Category: News

Aurora Mobile Limited Announces First Quarter 2025 Unaudited Financial Results

SHENZHEN, China, May 29, 2025 ( GLOBE NEWSWIRE ) -- Aurora Mobile Limited ( "Aurora Mobile" or the "Company" ) ( NASDAQ: JG ) , a leading provider of customer engagement and marketing technology services in China, today announced its unaudited financial results for the first quarter ended March ...

Source: www.globenewswire.com
May 29, 2025 | 07:30:00
Category: News

Trump Wrong To Claim 'Unlimited Power' To Impose Tariffs, Says Legal Scholar, Economists Also Breathe Sigh Of Relief After Tariffs Blocked By Court

Leading economists are breathing a sigh of relief after a federal court struck down President Donald Trump's "Liberation Day" tariffs on Wednesday. What Happened: Economists and legal experts at The Cato Institute, a libertarian think-tank, have come out in support of the ruling by the U.S.

Source: www.benzinga.com
May 29, 2025 | 07:30:59
Category: Markets

Trump Administration Cancels $400 Million Funding For State Unemployment System Revamps Citing It As 'Wasteful': Report

The White House has reportedly chosen to withdraw $400 million in funding that was set aside for states to upgrade their unemployment insurance systems. What Happened: Congress originally designated these funds as part of the $1.9 trillion coronavirus relief package passed in 2021.

Source: www.benzinga.com
May 29, 2025 | 07:37:22
Category: Markets

Abercrombie & Fitch Absorbs Tariff Impact, No Price Hike Despite $50 Million Cost: Plans To Open 100 New 'Physical Experiences' In 2025 - Invesco QQQ Trust, Series 1 ( NASDAQ:QQQ ) , Abercrombie & Fitch ( NYSE:ANF )

After reporting a better-than-expected first quarter, American lifestyle retailer Abercrombie & Fitch Co.'s ANF management hinted at absorbing the tariff impact and announced plans to open 100 new "physical experiences" in 2025.

Source: www.benzinga.com
May 29, 2025 | 07:41:24
Category: Markets

Elon Musk Says No Deal 'Signed' After Telegram CEO Announces $300 Million Partnership With xAI - Palantir Technologies ( NASDAQ:PLTR )

Telegram CEO Pavel Durov revealed a partnership with Elon Musk's xAI, which will see the integration of the Grok AI chatbot into the messaging platform. What Happened: Durov disclosed on Wednesday that xAI, a startup by Musk, will pay Telegram $300 million for the integration of its Grok AI ...

Source: www.benzinga.com
May 29, 2025 | 07:48:34
Category: Markets

US Escalates Tech War With China, New Export Curbs To Hit Cadence, Synopsys As EDA Software, Chemicals And Tools Face License Requirements: Report - NVIDIA ( NASDAQ:NVDA ) , Cadence Design Systems ( NASDAQ:CDNS )

The United States has imposed new export restrictions on China, requiring licenses for semiconductor design software, chemicals, and other critical materials as tensions escalate between the world's two largest economies.

Source: www.benzinga.com
May 29, 2025 | 07:51:57
Category: Markets

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