Robinhood shares tank as revenue falls way short of expectations on lighter crypto trading

Vlad Tenev, co-founder and CEO of Robinhood rings the opening bell at the Nasdaq on July 29th, 2021.Source: The NasdaqStock trading app Robinhood reported Tuesday a huge revenue miss for the third quarter, as cryptocurrency trading dropped off.Robinhood said that, barring any change in the market environment, the headwinds that dragged down last quarter — like…Continue Reading

WASHINGTON — New details of a Democratic plan to enact a 15% minimum corporate tax on declared income of large corporations were released Tuesday by three senators, Elizabeth Warren, D-Mass., Angus King, I-Maine, and Senate Finance Committee Chair Ron Wyden, D-Ore.The senators will propose the tax be included as a source of revenue to help…Continue Reading

Judicial infra in focus, Kiren Rijiju to meet state law ministers

FROM CONSTRUCTION of toilet complexes in courts to residential units for judicial officers, Union Minister for Law and Justice Kiren Rijiju is set to invite law ministers from all states and union territories next month to discuss ways to improve judicial infrastructure for the lower judiciary. According to the ministry, the key agenda for the…Continue Reading

Pegasus snooping row: SC order on plea for independent probe today

The Supreme Court will on Wednesday pronounce its judgment on petitions seeking independent probe into allegations of unauthorised surveillance using the Pegasus software. The matter is listed before a bench headed by Chief Justice of India N V Ramana at 10.30 am. The court is seized of 12 petitions in the matter, including those filed…Continue Reading

Navy officer among 5 arrested by CBI for leaking confidential info about submarine project

By: PTI | New Delhi | October 26, 2021 11:08:00 pm So far, the agency has conducted searches at 19 locations in Delhi, Mumbai, Hyderabad and Visakhapatnam among others from where important documents and digital evidence have been seized. (Express Photo/File) The CBI has arrested five persons including a commander-rank Navy officer for allegedly leaking…Continue Reading

Senior artists object to religious Instagram posts of National School of Drama

Written by Dipanita Nath | Pune | October 26, 2021 9:14:22 pm The NSD’s Instagram handle is dedicated to posts on shows, important announcements and photos of visiting artistes and dignitaries as well as greetings on Independence Day and Gandhi Jayanti. (Facebook/National School of Drama) A day after the social media handle of the National…Continue Reading

Muzaffarnagar: Idol of Sant Ravidas desecrated by unidentified miscreants

By: PTI | Muzaffarnagar | October 26, 2021 8:31:44 pm The devotees gathered and demanded action against the culprits. An idol of Sant Ravidas installed at a nearly 60-year-old temple in a village in Muzaffarnagar, was desecrated by unidentified miscreants, police said Tuesday. The incident took place Monday in Vahelna village under the Kotwali police…Continue Reading

TikTok tells US lawmakers it does not give information to China’s govt

Senators at the hearing also voiced concerns that TikTok and rivals YouTube, owned by Alphabet Inc , and Snapchat have algorithms that can be harmful to young people Topics TikTok | ByteDance | China An executive at TikTok faced tough questions on Tuesday during the video-sharing app’s first appearance at a US congressional hearing, saying it does not give…Continue Reading

Gautam Adani meets Sri Lankan President Rajapaksa, eyes green investments

Experts see firm’s WCT deal as India’s move to contain China in the region Topics Gautam Adani | Adani Group | rajapaksa Aditi Phadnis  |  New Delhi  Last Updated at October 27, 2021 01:19 IST Adani Group Chairman Gautam Adani called on Sri Lankan President Gotabaya Rajapaksa in Colombo earlier this week, days after his company inked a deal…Continue Reading

Biz sentiment hit two-year high in Q2 as Covid second wave eased off: NCAER

Sentiments improved sequentially in Q2FY22 with regard to production, domestic sales, exports, new orders, imports of raw materials, and pre-tax profits Topics Business sentiment | Q2 results | ncaer As the second wave of Covid-19 eased off, business sentiment in the country hit an over two-year high in the September quarter (Q2) of the current financial year (FY22), according…Continue Reading