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Новости за 12.12.2024

Nvidia steps up hiring in China to focus on AI-driven cars: reports

Economictimes.indiatimes.com 

The artificial intelligence chipmaker employed about 29,600 people in 36 countries at the end of fiscal year 2024, according to a filing published by Nvidia in February. The company is under investigation in China over suspected violations of the country's anti-monopoly law, a probe widely seen as a retaliatory shot against Washington's latest curbs on the Chinese chip sector.

Be selective in PSUs, cement; gung-ho on 3 steel stocks: Hemang Jani

Economictimes.indiatimes.com 

Market expert Hemang Jani sees strong potential in select PSUs like Bharat Electronics and HAL, along with power companies such as NTPC, particularly after its recent demerger. He also favors Bajaj Finance and cement companies, citing improving pricing and consolidation. Steel counters are also viewed positively due to anticipated stimulus from China and potential rate cuts.

Japan plans tax hike to fund $280bn military buildup

IntelliNews.com 

Japan is gearing up to increase taxes as early as April 2026 to finance its ambitious plan to double its defence budget to 2% of GDP. This move comes as the nation seeks to bolster its military capabilities amid growing regional tensions

OVP budget cut stays; big gains for DPWH, House

Newsinfo.inquirer.net 

MANILA, Philippines — The bicameral conference committee reconciling differences in the House of Representatives and Senate versions of the proposed budget for 2025 on Wednesday approved the final version of the P6.252-trillion general appropriations bill (GAB). Members of the panel stood pat on their decision backing the move of the House to trim the spending

Tax refunds up by 46.31% to Rs 3.08 lakh crore in FY 2024-25: Finance Ministry

Economictimes.indiatimes.com 

The Finance Ministry announced a significant boost in tax refunds for the financial year 2024-25, with Rs 3.08 lakh crore issued between April 1 and November 27, marking a 46.31% increase from the previous year. The Income Tax Return portal handled a record 900 filings per second, processing over 1.62 crore ITRs in a single day.

From homeowners to squatters: Metamorphosis of landlords displaced by Lagos-Calabar Coastal Highway

The Punch 

JOSEPHINE OGUNDEJI explores how the Lagos-Calabar Highway Project has forced Landlords into living in shanties amidst the battle for demolition compensation In mid-July, Hazeez Adeniji stood frozen, a storm of emotions washing over him, as bulldozers tore through his life’s work eight bungalows and four bustling shops right before his eyes. Clutching a bottle of

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Australia To Force Tech Titans To Pay For News

International Business Times 

Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media.