Pay taxes for India's development, says PM Modi
previous governments had hesitated to touch the country's taxation
system, the current BJP-led dispensation was making it more citizen
centric, Prime Minister Narendra Modi said on Wednesday, urging people
to pay their dues for the development of India. He lamented that when a
number of people did not pay tax and found ways to evade it, "the burden
falls on those who honestly pay their dues".
WhatsApp garners 2 billion users to become second-largest social media platform
messaging platform WhatsApp announced on Wednesday that its worldwide
user base has crossed the two-billion mark. WhatsApp has now become the
second application from Facebook to join the two-billion-users club, and
the second-largest social media platform after its parent firm. As of
December 31, 2019, Facebook had 2.5 billion active users.
Retail inflation rises to 7.59% in January on higher food prices
inflation, calculated on the basis of Consumer Price Index (CPI),
inched upwards to 7.59 per cent during January, showed data released by
the National Statistics Office (NSO) on Wednesday. This is the highest
rate of inflation since May 2014, when it was 8.33 per cent.
Bezos buys Warner Estate in Beverly Hills for record $165 million
Chief Executive Jeff Bezos, the world's wealthiest person, has
purchased a Beverly Hills mansion known as the Warner Estate from media
mogul David Geffen for $165 million, a source familiar with the deal
said on Wednesday. The sale price is believed to be the highest in a Los
Angeles-area residential real estate transaction.
India Ratings downgrades YES Bank on concerns over delay in capital infusion
Ratings and Research (Ind-Ra), a part of Fitch group, on Wednesday
downgraded YES Bank's long-term issuer rating to 'IND A-' from 'IND A',
while maintaining it on 'Rating Watch Negative' (RWN). The rating
downgrade was attributed to continued delay and inconclusive quantum of
the anticipated equity infusion in YES Bank.
Microsoft boss Nadella to visit India later this month: sources
Corp Chief Executive Officer Satya Nadella is planning to visit India
later this month according to Reuters. Nadella is planning to be in
India between Feb. 24 and Feb. 26 and will likely visit New Delhi, tech
hub Bengaluru and the financial capital of Mumbai.
Help us, we want to go home, 3 Indians isolated on British cruise ship in Japan tell PM Modi
least three Indians on board cruise ship Diamond Princess off Japanese
coast have sent SOS appealing for help from the Indian government and
Prime Minister Narendra Modi. The British Diamond Princess cruise ship
carrying 3,711 people on board has been kept in quarantine off the coast
of Yokohama, Japan. Of the people on board the ship, 266 are guests and
1,045 are crew members. Among them, 132 crew members and six passengers
are Indian nationals.