Robinhood Reports Decrease in Cryptocurrency Trading Revenue in 1Q Earnings

Robinhood, the popular US investment app, released its financial results for the first quarter of 2023, revealing a decline in cryptocurrency trading revenue. The company’s earnings report, announced on the 10th, highlighted a decrease in revenue from crypto asset trading compared to the same period last year. During the first quarter, Robinhood generated approximately ¥5.1 …

Netflix Faces Tax Liability in India as Tax Authorities Target Streaming Services Income

Mumbai, India – Streaming giant Netflix is now under scrutiny by India’s tax authorities as they aim to impose a tax on the income generated by the company within the country. This development is part of India’s broader efforts to regulate the digital economy and ensure that foreign companies contribute their fair share in taxes …

Rameshwaram Cafe: Bengaluru’s QSR Sensation Generating 4.5 Crores Monthly Revenue

Bengaluru, India – Rameshwaram Cafe, a renowned Quick Service Restaurant (QSR) chain specializing in premium South Indian cuisine, has carved a niche for itself in the competitive food industry. Founded by Raghvendra Rao and Divya Raghvendra Rao, the cafe operates under the registered trademark of M/s. Altran Ventures Pvt. Ltd., delivering an exceptional culinary experience …

Karnataka High Court Removes Rs 21,000 Crore GST Notice on Gameskraft, Boosts Online Gaming Sector

Bengaluru, India – In a significant ruling, the Karnataka High Court has quashed a colossal Rs 21,000 crore show-cause notice issued by the Directorate General of GST Intelligence (DGGI) against Gameskraft Technology Private Ltd. The notice alleged non-payment of Goods and Services Tax (GST) between 2017 and June 30, 2022, making it the largest show-cause …

Gold Sees Rising Interest from Central Banks and Investors Amid Global Uncertainties

Mumbai, India – Gold prices in India have been soaring, reaching a record-breaking Rs 60,000 per 10 grams as of March 21, 2023. This surge has captured the attention of central banks and investors worldwide, who are seeking a safe haven amidst uncertainties in the global economy. According to the World Gold Council, central banks …