LONDON — The number of workers on U.K. corporate payrolls dropped by 0.2% in March as young people were hardest hit by coronavirus restrictions that closed bars, restaurants and hotels, according to the latest government statistics. Company payrolls fell by 56,000 last month, pushing the decline since March of last year to 813,000, the Office for National Statistics said Tuesday. […]
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House minority leader Kevin McCarthy plans to introduce his own resolution to censure Maxine Waters. McCarthy announced his decision after Marjorie Taylor Greene said she wanted to “expel” Waters for “inciting Black Lives Matter terrorism.” Waters has maintained that she did not encourage violence when she spoke to protesters near Brooklyn Center, Minneapolis. See more stories on Insider’s business page. […]
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‘Personal income tax collections have been high on account of impressive advance tax mop-up.’Dilasha Seth reports. Reinforcing the economic recovery belief, gross personal income tax (inclusive of refunds) has posted a 2.5 per cent year-on-year growth during FY21, despite the Covid-triggered lockdown and other restrictions. But corporation tax reported a 6 per cent fall YoY, pulling gross direct tax collection […]
Read more‘Our automakers export 50 per cent of what they manufacture and once the policy comes into play, which is in the next 2-3 years, we would become a Rs 10 trillion industry.’ “We are trying to make an electric highway on the Delhi-Mumbai route with overhead cables like the railways. By doing this, we are trying to protect ecology and […]
Read moreKudlow: America’s stimulus payments are stimulating China’s economy ‘Kudlow’ host breaks down where the surge in spending of stimulus checks went. Fox Business Network host Larry Kudlow warned Monday of the unintended consequences of stimulus payments and high government spending. KUDLOW: These big stimulus packages passed last December and January are, in fact, temporarily helping the economy to rise […]
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President Joe Biden’s infrastructure package includes an increase in the corporate tax rate. He briefed several bank CEOs on the package the morning before the announcement, the WP reports. Business had a mixed response to it, while it has broken clearly with the GOP on several issues. See more stories on Insider’s business page. President Joe Biden wants to increase […]
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By Jack Ewing The Dutch bank ABN Amro said Monday that it would pay a $580 million fine to settle money laundering charges, prompting a former ABN manager to resign his new job as chief executive of Danske Bank after acknowledging he was a target in a related criminal investigation. The resignation of Chris Vogelzang is an embarrassment for Danske […]
Read moreThe spree of mass shootings over the past two months has led to renewed calls for more federal gun restrictions. But even before the most recent violence, state lawmakers were busy enacting measures designed to help solve a uniquely American public health crisis. After mass shootings in Atlanta and Boulder, Colorado, claimed the lives of 18 people, President Joe Biden […]
Read moreMonday, NASA’s Ingenuity Mars Helicopter became the first aircraft in history to make a powered, controlled flight on another planet. The Ingenuity team at the agency’s Jet Propulsion Laboratory in Southern California confirmed that the flight succeeded after receiving data from the helicopter via NASA’s Perseverance Mars rover at 6:46 a.m. EDT. “Ingenuity is the latest in a long and […]
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