TechGraph Briefings

In a recent demonstration in Oslo, Norwegian police briefly detained environmental activist Greta Thunberg alongside other campaigners who were demanding the removal of wind turbines from reindeer pastures. The demonstration, which saw indigenous campaigners and other activists blocking access to several government buildings, was met with police intervention. Thunberg and her fellow demonstrators...

The UK's domestic intelligence agency MI5's Director General has issued a profound apology for failing to prevent the 2017's deadly suicide bombing at an Ariana Grande concert in Manchester. Speaking on behalf of MI5, Ken McCallum expressed deep regret and acknowledged that gathering covert intelligence is challenging. However, he emphasized that MI5 had missed a "significant" opportunity to preve...

President Joe Biden announced his plans to increase taxes on billionaires in the United States . Speaking at a public gathering on Tuesday, the President made it clear that he intends to raise taxes on the wealthiest Americans, stating that they will no longer be able to pay as little as 3% in taxes. Highlighting the fact that the number of billionaires in the country has increased from 600 to ove...

In a recent speech, UK Prime Minister Rishi Sunak addressed the post-Brexit deal with the EU regarding Northern Ireland. He stated that Northern Ireland is in an "unbelievably special" and "unique" position in the world, with privileged access to both the UK home market and the European Union single market.  Speaking to the locals, PM Sunak said that no other region in the world has such acce...

Oral arguments of Biden v. Nebraska: Justice Amy Coney Barrett asks unexpected questions in the hearing of  President Biden's student loan forgiveness plan. #amyconeybarrett #supremecourt #biden #studentdebt #news #newslive #usnews #unitedstates #senate #studenloanforgivenessplan #studentdebtrelief #studentdebtreliefplan #breakingnews 

Speaking on the Union Budget 2023, which was presented by the Union Finance Minister Nirmala Sitharaman on February 01, 2023, Ratish Pandey, Business Coach at Ethique Advisory said, "Everyone was hoping for the next step in the credit guarantee scheme. And it is encouraging to see that the Honorable Finance Minister lived up to that promise as a keen proponent of education." "The focus on skill de...

The Finance Minister, Nirmala Sitharaman, has announced the Union Budget 2023 with a focus on infrastructure and investment as the third priority. The budget aims to boost growth and employment after the pandemic by ramping up the cycle of investment and job creation. The capital investment outlay has been increased by 33% to 10 lakh crores, which is 3.3% of GDP, marking a substantial increase in...

In a major announcement on income tax changes, the government has revealed five significant changes to the personal income tax regime, aimed at benefiting the hard-working middle class.   In detail:   Increase in rebate limit from 5 lakhs to 7 lakhs.   Reduction in the number of slabs from 6 to 5 with an increased tax exemption limit to 3 lakhs.   Tax rate structure: 0-3 lakhs...

Addressing the parliament on the ongoing union budget session, Finance Minister Nirmala Sitharaman announced a sustained focus on the development of Jammu Kashmir, Ladakh, and the Northeast in her recent budget statement. The government has plans to build digital public infrastructure for agriculture as an open-source, interoperable public good. This will help farmers access relevant information a...

Briefing the ongoing parliament on the developments of the central government-run scheme, Minister of Finance Nirmala Sitharaman stated, “The focus on the universal isolation of targeted benefits has resulted in significant achievements."  Developments:  11.7 crore household toilets were constructed under the Swatch Bharat Mission.  9.6 crore LPG connections under the Pradhan Mantri...

Addressing the ongoing parliament on the Union Budget 2023-24, Finance Minister Nirmala Sitharaman has announced an estimated fiscal deficit of 5.9% of GDP.  This reiterated the government's plan to continue on the path of fiscal consolidation and reach a fiscal deficit of below 4.5% by 2025. The finance minister stated that "The government has adhered to the plan and remains committed to bri...

Addressing the ongoing parliament on the Union Budget 2023-24, the Finance Minister of India, Nirmala SItahraman has announced the launch of a women-specific small savings scheme named "Mahila Samman Savings Patra" or Saving Certificate. Briefing the parliament on the scheme, Nirmala Sitharaman said, "The Mahila Samman Savings Certificate will be offered for two years, ending in March 2025, with a...

#Budget2023: We take a closer look at the expectations of the Business Process Outsourcing (BPO) industry ahead of the union budget. Animesh Jain, the Chief Delivery Officer of [24]7.ai, shares his thoughts on the need for the government to support the growth of the BPO industry in Tier two and Tier three cities in India.  As a major contributor to both employment and GDP, the BPO industry pl...

Sanjay Sharma, MD and CEO of Aye Finance, shared his expectations for the upcoming budget and the role it could play in propelling India toward rapid growth and inclusion.

In the lead-up to the upcoming Budget 2023, Puja Issar, the Managing Director of AnitaB India, has shared her expectations on addressing the critical issues facing the country, with a particular focus on gender equality and women empowerment. Issar highlighted the need for an increase in the gender budget, pointing out that this would be a crucial step in addressing the gender pay gap and improvin...

As the Indian government prepares to announce its annual budget, the startup community is eagerly waiting for the government's stance on Employee Stock Option Plans (ESOPs). Shivam Singla, the founder of Leegality, a legal technology startup, has expressed his views on the pre-budget expectation and is urging the government to reform the taxation system on ESOPs.  Speaking on the budget 2023...

The software-as-a-service (SaaS) industry in India has seen tremendous growth in recent years, with the sector expanding by over three times. This is according to Ravi Pratap Maddimsetty, Co-founder of Beaconstac, who believes the Indian SaaS ecosystem is ready to compete on a global level. In a recent statement, Maddimsetty stated that the upcoming budget is an opportunity for the Indian SaaS ind...

With the 2023 budget just around the corner, expectations are high for India's economic growth. Jaya Vaidhyanathan, CEO of BCT Digital, sees a unique opportunity for India to leapfrog in the global economy despite the global slowdown and potential resurgence of COVID-19. With strong domestic growth, India is poised to take a leading position in the global economy. Watch this video to find out more...

Speaking on the Union Budget 2023 expectations, Karan Desai, Founder of Interface Ventures has emphasized the need to have a special focus on the MSME sector. Desai suggests that the government should push for the implementation of the PLI scheme and enhance the scope of earlier schemes like the ECLGS and the CGTMSE, and should also consider a tax break for MSMEs and reinstate the 2% interest subv...

Twitter has permanently suspended the personal account of the US Congresswoman Marjorie Taylor Greene for repeated violations of its policies on coronavirus misinformation. The action against Representative Greene came under Twitter's strike system, which identifies posts about the virus on the platform. Speaking on the account suspension, Rep Greene said this proves that Twitter is an enemy to Am...

HDFC Life Insurance completes acquisition of Exide Life Insurance company.

It's Sunday, October 10, and this is a news briefings from Tech Graph. News in Brief: Bengaluru based treasury, risk and trade finance management solution provider, IBSFINtech has secured $1 million in pre-Series A round funding led by HNI professionals and family offices. The round saw participation from Prem Rajani (Managing Partner, Rajani Associates), N Jayakumar and Akshay Gupta (Management T...

Headlines: Power Gummies raises 1 million dollars from 9Unicorns, Droom crosses Rs. 1000 crores in GMV in March’21, Alteria Capital leads Rs 35 Crore debt round for Jumbotail Now News in Brief: Jana Small Finance Bank Ltd has extended its Overdraft facility Against Fixed Deposit at a nominal interest rate to all its customers across India. The interest rate on this facility is 0.25 percentage poin...

The Market Cap: Global crypto market capital tank at $1.57 trillion, down to 2.78 percent in the last 24 hours. Crypto prices: Bitcoin plunged to over 4 percent to settle over $35,200, while Ethereum slipped by 6.56 percent to trade at $2,291. Dogecoin settled down by 5.64 percent to trade at $0.30. Other cryptocurrencies like Ripple, Cardano, Stellar, and Litecoin also plunged by 10 percent respe...

Edtech platform AdmitKard has announced its plan to future increase its plans to increase its talent pool by 100 percent.  Leading Direct to Consumer home appliance brand Candes has raised $3Million from various marquee family offices of Delhi. This includes the investment from Anuraag and Ruchirans Jaipuria along with Lotus group Joint MD, Nitin Passi, and Redcliffe’s Dheeraj Jain. Kale Logistics...