Meta (Facebook's parent company) reported strong Q1 2024 results, with revenue up 27% year-over-year to $36.46 billion and net income up 117% to $12.37 billion. However, the company issued a light Q2 revenue forecast and announced higher capital expe
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TREND talks
Stealth • 1m
🚀 Funding winter over? India’s tech startup ecosystem outshines China, Germany with $11.3 billion raised in 2024 🌎
💰 During H2 2024, the technology sector raised $5.32 billion across 540 rounds marking an 8 percent increase from H2 2023's $4.92
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3 replies20 likes
Mahendra Lochhab
Stealth • 12d
In December 2024, the monthly SIP crossed Rs 26 thousand crore. In December 2023, it was Rs 17,610 crore, which increased by 50.25% to Rs 26,459 crore last month.
3 replies4 likes
Mahendra Lochhab
Stealth • 7d
The edible oil market in India was 24.7 million tons in 2023. The market is expected to grow at a compound annual growth rate (CAGR) of 1.35% from 2024 to 2032.
0 replies4 likes
Ashutosh Mishra
Stealth • 4m
Direct Tax collections for FY 2024-25 as of 17 September, 2024
Net Collections, YOY comparison
Corporate Tax : ₹4.53 lakh crore, up 10.5%
Personal Income Tax : ₹5.15 lakh crore, up 18.8%
STT : ₹26,154 crore, up 96%
Other Taxes : ₹1,812 crore, up
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1 replies5 likes
Ashish Singh
Stealth • 21d
The Indian startup ecosystem showed significant growth from 2023 to 2024. Total funding increased by 20%, reaching $12 billion in 2024, compared to $10 billion in 2023, marking a recovery from the previous year's downturn12. Notably, six new unicorns
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Aman Khan
Stealth • 8m
AI spending in India is expected to increase to $5 billion with CAGR (compound annual growth rate) of 31.5 per cent between 2023 to 2027. By 2027 AI will be everywhere," Sharath Srinivasamurthy, Associate Vice President, IDC said.
He said that in 202
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Prem Siddhapura
Stealth • 2m
**Tax Revenue Hits Record Highs** 📈
The government’s net direct tax collection, post-refunds, surged 15.4% to ₹12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching ₹15.02 lakh crore. 💰
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Hawk
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Medial • 6m
Was it a Budget of expectations?
The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman introduced changes to the income tax regime, for salaried employees & those opting for the new tax regime.
1. Standard Deduction Increase: T