Resource KT Mon, 11 Oct 2021 17:55:23 +0000 en-US hourly 1 Resource KT 32 32 Global influenza diagnostics industry set to reach $ 1.1 billion by 2026 – Mon, 11 Oct 2021 16:02:00 +0000

DUBLIN – (COMMERCIAL THREAD)–The “Influenza diagnostics market by product (test kits, instruments), type of test (traditional (RIDT, viral culture, serological), molecular (PCR, INAAT-NASBAT, TMABAS), end user (diagnostic laboratories, hospitals) , clinics), region- Global forecast to 2026 “ report was added to offer.

The global influenza diagnostics market is expected to reach $ 1.1 billion by 2026, up from $ 0.8 billion in 2021, at a CAGR of 7.7% during the forecast period.

The growth of the market is driven by factors such as the growth of influenza research for diagnostic technologies, the increasing demand for rapid disease diagnosis, and the increasing prevalence of influenza. On the other hand, rising healthcare costs, variability in the sensitivity and specificity of the tests are the major factors hampering the growth of this market.

The test kits and reagents segment accounted for the highest growth rate of the influenza diagnostics market, by product, during the forecast period.

The influenza diagnostics market is segmented into test kits and reagents, instruments, and other product-based products. In 2020, the test kits and reagents segment recorded the highest growth rate of the influenza diagnostics market. The increasing prevalence of influenza and the increasing demand for rapid disease diagnosis are major factors contributing to the growth of this segment.

Molecular diagnostic testing segment accounted for the highest growth rate of the influenza diagnostic market, by test type, during the forecast period

The influenza diagnostics market is segmented into molecular diagnostic tests and traditional diagnostic tests based on the type of test. In 2020, the molecular diagnostic testing segment accounted for the highest growth rate of the influenza diagnostics market. The growth of influenza research for diagnostic technologies and the increasing demand for rapid disease diagnosis are major factors contributing to the growth of this segment.

The diagnostic lab segment had the highest CAGR

Based on the end user, the influenza diagnostics market is segmented into diagnostic laboratories, hospitals and clinics and other end users. In 2020, the hospital and clinic segment had the highest CAGR. This can be attributed to the increasing demand for rapid diagnosis of diseases and the increasing prevalence of influenza.

Asia-Pacific: Fastest Growing Region in Influenza Diagnostics Market

The global influenza diagnostics market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The Asia-Pacific region is expected to register the highest CAGR during the forecast period. Factors such as increasing demand for rapid disease diagnosis and growth of influenza research for diagnostic technologies are driving the growth of influenza diagnosis market in this region.

Market dynamics


  • Growing prevalence of influenza

  • Growth of influenza research for diagnostic technologies

  • Growing demand for rapid disease diagnosis


  • Variabilities in test sensitivity and specificity

  • Rising health care costs


  • Advances in genomics and proteomics technologies

  • Significant growth prospects in developing countries


  • Lack of qualified professionals

  • Strict regulatory frameworks

Companies mentioned

  • Abbott Laboratories, Inc

  • Altona Diagnostics GmbH

  • B Blackbio Biotech India Ltd

  • Becton, Dickinson and company

  • Biomérieux SA

  • Coris Bioconcept Sprl

  • Danaher Company

  • Diasorin Sa

  • Élitech Group

  • F Hoffmann-La Roche AG

  • Genmark Diagnosis, Inc

  • Genome Diagnostics Pvt Ltd

  • Germaine Laboratories, Inc

  • Hologic, Inc

  • Luminex Company

  • Mast Group Ltd.

  • Meridian bioscience

  • Quidel Corporation

  • Biomedical Corp response

  • Scientific SA, Ltd

  • Sekisui diagnosis

  • Siemens Healthineers

  • Tauns Laboratories, Inc

  • Tecan Trading AG

  • Thermo Fisher Scientific, Inc

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]]> Bethany College Alpha Chapter Zeta Tau Donated Warrior Quilt for Dedication to Breast Cancer Awareness | News, Sports, Jobs Mon, 11 Oct 2021 04:44:31 +0000

Derek Redd WARRIOR QUILT – From left to right, Kasie Goldsborough, Olivia Masciantoni and Katie Fuchs present the Warrior Quilt awarded to the Bethany College Chapter of Zeta Tau Alpha outside Commencement Hall on the Bethany Campus. Goldsborough and Masciantoni received the Beth Mayer Hersh Award, awarded annually to members of the Theta chapter of the sorority. Fuchs is the president of the Theta section.

BETHANY – The late Beth Mayer Hersh, a 1979 graduate of Bethany College and sister of the Theta Chapter of the Zeta Tau Alpha Sorority, lost her battle with breast cancer in 2008. Yet the disease has not extinguished the influence that ‘she got on with this sorority chapter and Bethany as a whole.

As October is Breast Cancer Awareness Month, Hersh’s memory was honored Friday as part of Bethany’s homecoming, and the Theta Chapter sisters were honored for their breast cancer awareness work. . A pair of sisters from the Theta chapter got scholarships on behalf of Hersh because the whole chapter received a Ford Warrior quilt from the Neighborhood Ford Store.

This was the first time that a Warrior Quilt had been offered to an entity that is not a breast cancer treatment center, yet Zeta Tau Alpha is a champion of disease awareness.

The sorority is the official fan outreach partner of the National Football League and its alumni and college members have worked with all 32 teams to spread the breast cancer awareness message.

Chapter Theta is doing its job with the Pittsburgh Steelers.

It’s a fitting way to commemorate Hersh, said Nancy Lewis, public relations manager for Neighborhood Ford Store. Lewis is a Bethany graduate and friend of Hersh, and on Friday he described how powerful Hersh’s mind was.

“Beth was one of the most committed and enthusiastic women to ever honor this small college of distinction,” Lewis said. “To those who knew her, Beth was a loving and powerful force of nature. For the sisters who have followed her, Beth remains a source of inspiration.

Two sisters from the Theta Chapter – Kasie Goldsborough, second-year education student and Olivia Masciantoni, first-year psychology student – received the Beth Mayer Hersh Award this year, an annual internal scholarship given to the women who best pursue engagement. de Hersh to philanthropy and the community.

Winners were chosen through themed essay submissions, “Why is breast cancer awareness important? “

The two students not only helped raise awareness of the disease and the search for a cure, but they also, in their lives, helped comfort those who have battled breast cancer. Goldsborough said an Alpha Xi Delta sister’s aunt in Bethany was undergoing treatment for breast cancer, and the Theta Chapter prepared a basket for her and hand delivered it. They did the same for Goldsborough’s aunt when she was diagnosed with breast cancer.

The wife of the Masciantoni High School football coach was diagnosed with breast cancer, and Masciantoni quickly set up a “Pink Out” match in her honor and raised thousands of dollars for her.

“Having a personal touch is extremely important” Masciantoni said. “It makes the whole fight so much more personal.”

And that makes getting a named scholarship for someone like Hersh all the more meaningful, Goldsborough said.

“Our elders are very important to us”, Goldsborough said. “They’ve done so much for us, so it makes you feel closer to the elders and Beth when you see these things.”

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Op-Ed: Progressive federalism is the new socialism | national Sun, 10 Oct 2021 20:55:00 +0000

“The American people will never knowingly embrace socialism. But, under the name of liberalism, they will embrace every fragment of the socialist program and be a socialist nation.” – Norman Thomas

Whenever Democrats want to execute a newly concocted leftist plan, they have only one motive: to expand federalism. Increasing the power of the central government diminishes the independence of individual states by fulfilling the responsibilities assigned to them in the 10th Amendment. Big government was the colonies’ greatest fear. It would undo everything they had rebelled against. A great government would raise taxes without representation for things they didn’t want or need.

Although the colonies revolted for many reasons; taxation without representation to finance wars and the spending of the great British government lit the fuse of the Revolution. The colonies soon discovered after they began to reap the rewards of their investment in the New World that “the more they produced, the more they had to pay homage to the king” as a punishment for their success. They revolted because the big government was too expensive and they didn’t want to be part of it.

Since the Great Depression, the government has expanded and usurped state rights at an unprecedented rate. With a growing interest in socialism during the Great Depression and their promise to bring economic and socio-economic security to America, FDR quickly recreated theology for future Democrats: “Great government is the answer to all problems in America. America.

The FDR created so many new government programs and agencies that even Democrats lamented the costs and rising national debt. He spoon-fed Americans and kept them on life support long after they didn’t need it. And Americans still pay today for FDR’s “alphabet soup” legacy menu.

“Socialism can best be described simply as a redistribution of capital. “- Norman Thomas

As Democrats in Congress move forward with their $ 1 trillion infrastructure bill and the $ 3.5 trillion bill to extend rights, the devil is in the details. Both bills fund programs for which states are already responsible. Democrats preach the merits of these federal giveaways as an improvement over what states are currently doing since they will be paid for and managed by the federal government.

Milton Friedman once reminded us, “The government is doing so many things that it shouldn’t be doing. And it performs the functions it should perform poorly. The federal government is already overloaded with more than 2,300 programs! Decision makers cannot manage what they have. Biden focuses more on expanding the welfare state than on solving the economic crisis created by the leftists.

Democrats say Biden’s infrastructure and benefit plans will be funded by huge tax hikes on the rich. His corporate tax increase will destroy business investment, leading to higher unemployment. Its capital gains tax increases will discourage new investments and start-ups.

“It is time for big corporations and the wealthy to pay their fair share of these fees.” – Joe Biden

Biden’s wishlist cannot be funded by tax increases alone. Congress is aware of this. According to the CBO, if the two bills pass as written federal debt per US household will grow from over $ 180,000 today to $ 290,000 projected by 2031. As debt increases, taxes will be increased for everyone since the rich will stop producing or will eventually run out. money to give to the federal government.

In nine months, we have seen what over-indebtedness and spending did to Trump’s takeover. Rising debt has already triggered an economic crisis with soaring interest rates and declining economic output. We are following the path that Greece took ten years ago when its economy failed. Even with all the EU bailout money the Greeks have received, their per capita income is down 35%.

Almost all of Biden’s infrastructure proposals can be funded at the state level. The only ones who kiss are the Democrats. Every penny states receive from the federal government is money they have paid in taxes. The devil is always in the details. By the time states get their money back, there are so many conditions that they better keep it in the first place.

“Socialism works because people don’t know how to manage their own money.” – Hugo Chavez

Over the past decade, almost all states have increased their gasoline tax to fund their own freeway and rapid transit systems to meet their personal needs. Biden’s infrastructure bill allocates funding politically. The Blue States get a much larger share of the federal pie for state projects than the Red States.

Rights are subjective to the needs of each state. States are currently funding programs that Democrats want the federal government to support and federalize. This is federalism in its heyday. The ownership and management of state rights programs and their transformation into a national mandate puts the federal government in charge of delivering state-owned services.

The Blue States have a plethora of programs to attract and retain illegal immigrants while the Red States do not want any at all. Currently, states use federal grants to meet specific needs within their states. But Biden’s rights package eliminates state management of rights and replaces them with a federal “one-stop pot” of poorly managed and federally regulated rights.

Hardly a day goes by that Bernie Sanders, Elizabeth Warren and Joe Biden complain that big companies are greedy and selfish and promise to punish them. Yet Biden’s bill includes billions of federal donations for manufacturing, research, green power, broadband, utilities, electric cars, wind power, and more. It is the socialization of the industry through the back door. Now they are accountable to the government.

“Cuba is living proof that we socialists are fixing whatever the capitalists destroy.” – Fidel Castro

Ronald Reagan told us, “Everything the government gives you is too expensive. Federal documents come with restrictive conditions on liberty. This doubles and even triples the administrative cost of running everything the state has done on its own. In addition, these federal programs include massive regulations, rewards for unions, and costly environmental regulations.

In his inaugural address, Joe Biden vowed to unite America for the greater good of the nation. But he didn’t mention that his intention was to get everyone to join the rest of the progressives so that they can turn America into a socialist nation. The expansion of federal power and the refusal to work with the GOP and the Red States shows that its hidden intention was to abandon republicanism for socialism.

Federal failures are so frequent as you would expect. Congress never admits to wasting our tax dollars. In fact, they use every failure as an excuse to take more power. Biden’s Free Bee Package in the US is designed to fail. And that’s what progressives want. When the government-funded program fails, the Liberals blame local mismanagement and take over. Their plan will transform federalism into socialism.

“The main propaganda trick of supporters of the supposedly progressive policy of government control is to blame capitalism for anything that is unsatisfactory these days.” – udwig von Mises

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Is the income tax rate for the rich 8% or 23%? It depends on the math you use Sun, 10 Oct 2021 14:00:00 +0000 What do the rich pay in federal taxes? On paper, the top marginal tax rate is 37% on ordinary income and 23.8% on capital gains. Government estimates place the average rates of high-income filers in the mid-1920s.

A new analysis from the Biden administration, however, fixes the average tax rate for the top 400 wealthiest households at 8.2% from 2010 to 2018. If this is true, the administration has a stronger case for raising taxes. taxes of the ultrarich.

But it is not that simple. To understand why, let’s move on to tax policy, but let’s start with fourth grade math. Fractions!

Percentages are basically fractions and each fraction, from the fat content of foods to presidential approval ratings, has a numerator and a denominator. If you don’t know how the two are defined: saturated fat or all fat? Probable voters or registered voters? – you don’t know what you are measuring.

Income tax rates are similar. Taxes are the numerator. Income is the denominator. Determining your rate or Elon Musk’s rate is easy. Law?

It doesn’t, and the complexities are hugely important as Congress debates Biden’s agenda.

In writing the White House study, administration economists Greg Leiserson and Danny Yagan chose a numerator and denominator to reflect their approach to tax policy analysis.

First, the denominator.

They include increases in unrealized capital gains. It is the change in the value of assets, including stocks, that have not been sold. Such gains represent a significant portion of the net worth of the wealthiest Americans; the administration’s approach effectively assumes that these paper gains should be taxable income.

Conventional analyzes and current income tax law do not include unrealized gains. Proponents of the conventional approach note that these gains fluctuate with markets and taxpayers may be forced to sell assets to pay taxes. However, “it’s another thing if they are using that to borrow money to buy a yacht,” said Garrett Watson, senior policy analyst at the Tax Foundation. Indeed, wealthy people often borrow on assets at low rates to finance their way of life.

The way the administration measures the tax rate of the rich reinforces its political preferences. President Biden points to low tax rates to justify his calls for higher taxes. He proposed to tax unrealized capital gains on death and to set the maximum rate of capital gains at 43.4%. The two plans clash in Congress.

Currently, unrealized gains escape personal income tax on death, although they may be subject to inheritance taxes. Mr Biden also supports annual taxes on unrealized billionaire earnings. House Democrats have come up with a more modest plan to set the highest capital gains rate at 31.8%. Legislative negotiations are continuing.

The White House study’s numerator, like its denominator, is selective, which the authors acknowledge. By excluding corporate and inheritance taxes, it lowers the tax rate and focuses the analysis on personal income taxes and the loopholes in that part of the tax system. But corporate taxes can be important for billionaires. Warren Buffett, who supports higher taxes on the rich, often notes his own income taxes. They would be higher if they included corporate taxes paid by his holding company, Berkshire Hathaway Inc.

Indeed, Democrats often defend higher corporate taxes precisely because they take money from wealthy shareholders. They shouldn’t ignore this effect when calculating tax rates, said Daniel Hemel, a professor of law at the University of Chicago.

Property taxes should also be included in the numerator, said Wojciech Kopczuk, an economist at Columbia University. Many wealthy people avoid them through creative estate planning or charitable bequests. But some pay.

So if you want to compare yourself to a billionaire, can you put the total taxes from Form 1040 as the numerator and adjusted gross income as the denominator?

Not for an apple-to-apple comparison with the White House estimate.

Let’s start with the denominator. Adjusted gross income is a broad income measure, but it does not include employer-provided non-taxable health insurance or pension contributions. It excludes untaxed gains on retirement accounts or 529 savings plans, which have increased with the actions of billionaires. He ignores the rise in home values, the smallest analogue of Mr. Musk’s Tesla Inc.


“If you include unrealized capital gains in an analysis of some taxpayers, then you should include it for all,” said Alex Brill, American Enterprise Institute economist and former GOP aide in Congress.

The numerator is also tricky for middle-income households. Federal payroll taxes are not part of personal income tax, and they are larger in the middle than at the top. So they cannot be ignored, and that would increase federal tax rates.

With this confusion in mind, let’s go back to the estimate of 8.2%.

That’s well below traditional estimates from government figures, which largely exclude unrealized capital gains. Recent estimates of a larger group of wealthy people from the Congressional Budget Office, the Treasury Department and the Joint Commission on Taxation are between 23% and 26%.

Economists Emmanuel Saez and Gabriel Zucman in their 2019 book “The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay” found that the 400 richest households by income paid an average individual tax rate of 9.2%. Adding other taxes, including corporate and estate taxes, brought the average to 23%. Their analysis generally did not include latent gains.


Are you considering an increase in the value of your asset income? Join the conversation below.

The White House figure looks shockingly low for a country that favors progressive taxes where the burden increases with income.

“It is significant,” said Mr. Hemel. “Jeff Bezos is getting richer. And Elon Musk is getting a lot richer, and the federal government gets a tiny bit of it. “

Who is right ?

It depends on the point you are trying to make. Every definition of income and taxes has assumptions buried within. How you choose to measure and how you apply math in fourth grade may reflect your approach to politics and wealth.

Write to Richard Rubin at and Rachel Louise Ensign at

Copyright © 2021 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Epidermal Growth Factor (EGF) (CAS 62253-63-8) Market trend, technological innovations and growth forecast 2021-2026 Sun, 10 Oct 2021 04:44:01 +0000

The global Epidermal Growth Factor (EGF) (CAS 62253-63-8) market research report is comprehensive coverage of the drivers, trends, analysis, opportunities and restraints in the landscape. The study aims to provide potential investors with a key breakthrough in understanding the growth opportunities and potential challenges in the market. To do so, the Epidermal Growth Factor (EGF) (CAS 62253-63-8) market report includes the growth, size, share, historical progression, future projection, and cost analysis, income and value chain. The report will cover competitive challenges in the global landscape with a keen eye on dominant market strategies, growth stories, flagship products, geographies, etc.

The Epidermal Growth Factor (EGF) (CAS 62253-63-8) market research report elucidates the key growth drivers and opportunities that will drive the industry expansion over 2020-2026. In addition, it contains detailed information about the challenges that may hinder the progress of the market during the analysis period and provides measures to combat their impact.

The research literature also involves a comprehensive study of the competitive landscape in different geographies and assesses the scope of compensation in key regional markets. Additionally, case studies, including the COVID-19 pandemic, are attached to the document to allow all stakeholders to better understand the changing business landscape.

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Highlights of the impact assessment of Covid-19:

  • Global economic outlook in the midst of the pandemic
  • Changes in industry supply chain and global demand share
  • Short and long term effects on the growth matrix

Overview of the regional landscape:

  • Geographically speaking, the Epidermal Growth Factor (EGF) (CAS 62253-63-8) market is fragmented into North America, Europe, Asia-Pacific, Middle East & Africa, South America.
  • Details such as revenue generated from sales in each regional market are included.
  • The market share and growth rate estimates of the regional markets over the forecast period are provided in the study.

Other important insights from the Epidermal Growth Factor (EGF) (CAS 62253-63-8) Market report:

  • The scope of the Epidermal Growth Factor (EGF) (CAS 62253-63-8) market is segmented into EGF Mask, EGF Lotion, EGF Cream, Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:, United States, Europe, China, Japan and India.
  • The market share as well as the growth rate of each type of application over the expected duration are provided in the report.
  • The product spectrum of Epidermal Growth Factor (EGF) (CAS 62253-63-8) Market is segmented into Powder and Liquid.
  • The production patterns, growth rate and market share of each product segment over the time of the analysis are analyzed in detail.
  • Crucial information on revenue and volume projections for each type of product is incorporated into the research paper.
  • Key players shaping Epidermal Growth Factor (EGF) (CAS 62253-63-8) market dynamics are Ytkangdaer, BIO-FD & C Co., Ltd, Pavay, LipoTrue, SL, BIOEFFECT and Radiant Inc.
  • The research literature includes detailed information on the market shares captured by listed players, along with their pricing models and gross margins.
  • Other important aspects such as production models, market remuneration and the products and services of each company are involved.
  • The industry supply chain is comprehensively studied and conclusive data on competitive trends is included in the report.
  • Porter’s five forces analysis and SWOT analysis tools are used to determine the investment feasibility of a new project.

Research objective

  • To analyze and forecast the market size of the global Epidermal Growth Factor (EGF) (CAS 62253-63-8) market.
  • To classify and forecast the Global Epidermal Growth Factor (EGF) (CAS 62253-63-8) Market on the basis of type.
  • To identify the drivers and challenges of the Global Epidermal Growth Factor (EGF) Market (CAS 62253-63-8).
  • To examine competitive developments such as mergers & acquisitions, agreements, collaborations, and partnerships, etc., in the global Epidermal Growth Factor (EGF) (CAS 62253-63-8) Market.
  • To perform price analysis for the Global Epidermal Growth Factor (EGF) Market (CAS 62253-63-8).
  • To identify and analyze the profile of the major players operating in the global Epidermal Growth Factor (EGF) (CAS 62253-63-8) market.

Key questions answered in this report:

  • What is the projected market size and growth rate of the Epidermal Growth Factor (EGF) (CAS 62253-63-8) market?
  • What are the major driving factors driving the growth of the Epidermal Growth Factor (EGF) (CAS 62253-63-8) market?
  • What are the major companies operating in the Epidermal Growth Factor (EGF) (CAS 62253-63-8) market?
  • What segments are covered by the Epidermal Growth Factor (EGF) (CAS 62253-63-8) market?
  • How can I get Free Sample Report / Company Profile of Epidermal Growth Factor (EGF) (CAS 62253-63-8) Market?

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“Either we are not doing something right or Alpha Tauri is doing something very well” – Max Verstappen becomes brutally critical with his team after the Red Bull ace fails to take pole in qualifying at Turkish GP Sat, 09 Oct 2021 19:43:34 +0000

“Either we are not doing something right or Alpha Tauri is doing something very well” – Max Verstappen becomes brutally honest with Red Bull.

Red Bull’s weekend in Turkey is not even close to ideal as they are lagging behind Mercedes in all areas of the track. And the result of the Silver Arrows’ superiority is evident with Saturday’s qualifying results.

Max Verstappen finished P3 (now P2) and Sergio Perez P7 (now P6) in qualifying, while Lewis Hamilton finished on pole, but was later demoted to P11 due to the grid penalty. Meanwhile, Valtteri Bottas was promoted to pole after a superb P2 result.

Meanwhile, Red Bull’s sister team Alpha Tauri, running on lower specs, got the P5s and P10s after all considerations. So Verstappen is far from happy and has questioned his team about the performance, especially after being upset by the closeness of Alpha Tauri.

“It was a little better, but of course still not good enough, even if you look at the gaps behind us and how well Alpha Tauri is behind us. Either we’re not doing something right or AlphaTauri is doing something right. very good ”, he shouts in front of the Ziggo Sport camera.

A wide range of Max Verstappen claims

Despite being promoted to P2, Verstappen feels at a disadvantage for Sunday’s race, and the rain during the race can make things more difficult.

“There is very little grip here on the inside and that will also be the case if it rains tomorrow. The start will be tomorrow I think The hardest. The hardest part, but also the most important, right? “It’s true, but I can’t change that of course. “

However, Verstappen sees little hope for the race after assessing his car’s lag behind Mercedes during qualifying, and that will be reflected in the race until something unusual happens.

“If you are so far in qualifying, you shouldn’t expect miracles in the race. But you never know what can happen. Just look at Sochi. We’ll see!”

Government, Energy News, ET EnergyWorld Sat, 09 Oct 2021 12:05:00 +0000 New Delhi: The government announced on Friday that it would start next week the next round of auctions for 40 new blocks intended for the sale of coal.

The coal ministry having concluded a sliding auction mechanism, the renewed blocks of the previous tranche will also be offered, according to an official statement.

“The Ministry of Coal will launch the next round of auctions for forty new coal mines intended for the sale of coal,” the statement said. Coal and Mines Union Minister Pralhad Joshi will be the main guest at the launch event, the statement said.

The government, he said, is on a continuous path to reform the coal sector and unleash value for the country’s economy.

The success of these auctions will help further strengthen the vision of an Aatmanirbhar Bharat, as it will help reduce the country’s coal imports and ensure energy security.

Earlier, the Coal Ministry said it had signed agreements with eight successful bidders in the auction of the second tranche of coal mines for commercial mining.

Eight coal mines were successfully auctioned, with the winning percentage of revenue share ranging from 6 to 75.5 percent, with an average revenue share of 30 percent, the ministry said.

The electronic auction of these mines took place the first week of August of this year.

At the first auction attempt under the 11th auction tranche under the Coal Mines (Special Provisions) Act 2015. And, in the first auction tranche under the MMDR law of 1957, of the 38 coal mines, 19 were successfully auctioned.

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Tax implications of cryptocurrency staking Sat, 09 Oct 2021 08:00:00 +0000

After years on the fringes of the financial world and crazy fluctuations in value, cryptocurrency is increasingly accepted as a financial asset and as a means of payment. While the technology behind cryptocurrency has continued to evolve rapidly, guidance on the tax treatment of cryptocurrency has evolved much more slowly.

The only guideline issued by the Treasury and IRS regarding cryptocurrency transactions is Notice 2014-21, 2014-16 IRB 938 (“Notice”). The Notice discusses the tax implications of “mining” virtual currencies, the predominant method of creating cryptocurrency at the time the Notice was issued.

Virtual currencies are based on digital registers (“blockchains”). Since blockchain transactions do not have a traditional third party to verify transactions, parties to those transactions must rely on an algorithm to reach consensus among participants as to the validity of transaction sets (each set is called “block”).

This validation process ensures that each block of transactions added to the blockchain represents the most recent transaction to prevent a user from spending the same unit of digital currency more than once.

The “mining” process is based on a decentralized consensus mechanism that forces members of a network to put effort into solving an arbitrary mathematical puzzle in order to prevent participants from abusing the system. As a result, cryptocurrency mining is sometimes referred to as “proof of work” or “PoW” because personal services must be provided to validate transactions, and the work is rewarded with new tokens.

The Notice states that rewards for mining activities may be included by a miner in gross income at fair market value of virtual currency, effective from the date of receipt of mining rewards. The Notice does not specify whether the mining rewards would be subject to tax at the ordinary rate or to capital gains, but it is generally accepted that they would be taxable at the ordinary rate, given that they are received in exchange for the tax. provision of a service.

Another method of validating virtual currency transactions involves third parties pledging their coins to confirm transactions in a process called “staking” or proof of stake (“PoS”). Among those who pledge their coins, a computer protocol chooses stakes to validate and confirm the blocks of transactions. Participants selected as stakes receive coins collected from other participants as a transaction fee (“staking rewards”). The more coins participants promise, the more likely they are to be chosen to receive wagering rewards.

The Notice does not directly address the consequences of PoS transactions, so stakes have no direct indication of the tax consequences of their staking activities. It is therefore difficult for taxpayers to judge the appropriate position to take when declaring income from these activities.

Since the Notice does not deal with staking, staking workers take various positions with respect to the imposition of staking rewards. Some treat staking rewards the same as mining rewards under the Notice, meaning that the staker includes the rewards in gross income at fair market value on the date the staking rewards are received. Others compare the staker’s income to interest income because staking rewards are received to make the staker’s virtual currency available for use by others for a period of time.

Other taxpayers argue that staking rewards are comparable to extracting certain minerals such as oil and gas or growing plants. They argue that staking is significantly different from mining because, unlike cryptocurrency mining, staking does not require the pledge of providing a personal service, i.e., work. These taxpayers believe that income should not be recognized until the awarded coins are sold, just as some mined minerals and crops do not create income until they are sold.

Taxpayers should be careful when taking this position. Oil and gas transactions often receive special treatment for reasons that may not apply to virtual currencies. The policy of Congress in the past has been to encourage the development and production of oil and gas properties. As a result, the Treasury Department may have interpreted various sections of the Internal Revenue Code in a manner favorable to oil and gas developers. This favorable interpretation may not apply to cryptocurrency.

These theories are currently being tested in a lawsuit in which a taxpayer staked coins, paid taxes on staking rewards, and then sued for a refund, claiming that the staking activity did not generate income. for the aforementioned reasons and others. The IRS unsurprisingly rejected these positions in its initial court filing. While the IRS’s response is not authoritative, it at least gives some idea of ​​where the IRS stands today.

Due to the substantial uncertainty regarding the tax implications of staking activities, taxpayers should consult a tax attorney before reporting income from these activities on their federal and state income tax returns.

Grassi is Senior Legal Counsel at McDonald Hopkins LLC.

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Overview of the Global Factoring Market to 2026 Fri, 08 Oct 2021 18:00:00 +0000

DUBLIN, October 8, 2021 / PRNewswire / – The “Factoring Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026” report was added to offer.

The global factoring market has shown moderate growth during the period 2015-2020. Looking ahead, the market is expected to grow at a CAGR of around 6% during 2021-2026. Bearing in mind the uncertainties of COVID-19, the analyst continuously monitors and assesses the direct and indirect influence of the pandemic on different end-use industries. This information is included in the report as a major contributor to the market.

Factoring, or debtor financing, refers to the process of purchasing a debt or invoice from an organization at discounted prices to allow the buyer to make a profit on settlement. It is an asset-based financial agreement between a financial institution, or factor, and the customer, which sets out the terms and conditions of the trade debt exchange. Recourse, non-recourse, disclosure, speech, domestic, export advance, and maturity factoring are some of the commonly adopted forms of the process. They relieve the first part of the debt and provide it with the essential working capital to continue trading, while the buyer, or factor, capitalizes on the profits when the debt is paid.

The significant growth of the banking, financial services and insurance (BFSI) industry is one of the key factors creating a positive impact on the growth of the market. In addition, the increasing demand for alternative sources of finance for micro, small and medium enterprises (MSMEs) is driving the growth of the market. Factoring allows the business to obtain working capital loans and mitigate credit risk. With this in mind, a growing awareness of the benefits of supply chain finance, such as factoring, is also contributing to the growth of the market. Additionally, the advent of blockchain technology and cryptocurrency in factoring services is acting as another growth driver. These advanced solutions automate each invoice with a unique ID for fast financing, full transaction security, and smart contract functionality. Other factors, including the growing use of digital platforms in trade finance, as well as the increase in cross-border business activity, are expected to further drive the market.

Competitive landscape

The report also analyzed the competitive landscape of the market with some of the major players being Advanon AG (CreditGate24 (Schweiz) AG), Aldermore Bank PLC (FirstRand Group), Bluevine Capital Inc., BNP Paribas SA, Deutsche Leasing AG (Deutsche Sparkassen Leasing AG & Co. KG), Eurobank Ergasias SA, HSBC Holdings Plc, Mizuho Financial Group Inc., Société Générale SA and The Southern Banc Company Inc.

Key questions answered in this report

  • How has the global factoring market performed so far and how will it perform in the years to come?
  • What has been the impact of COVID-19 on the global factoring market?
  • What are the main regional markets?
  • What is the market breakdown according to type?
  • What is the market split according to the size of the organization?
  • What is the market split depending on the application?
  • What are the different stages of the industry value chain?
  • What are the main factors and challenges for the industry?
  • What is the structure of the global factoring market and who are the major players?
  • How competitive is the industry?

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation
4.1 Overview
4.2 Key Industry Trends

5 Global factoring market
5.1 Market overview
5.2 Market performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market breakdown by type
6.1 International
6.1.1 Market trends
6.1.2 Market Forecast
6.2 Domestic
6.2.1 Market trends
6.2.2 Market Forecast

7 Market breakdown by organization size
7.1 Small and medium-sized enterprises
7.1.1 Market trends
7.1.2 Market Forecast
7.2 Large companies
7.2.1 Market trends
7.2.2 Market Forecast

8 Market breakdown by application
8.1 Transport
8.1.1 Market trends
8.1.2 Market Forecast
8.2 Health
8.2.1 Market trends
8.2.2 Market Forecast
8.3 Construction
8.3.1 Market trends
8.3.2 Market Forecast
8.4 Manufacturing
8.4.1 Market trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market trends
8.5.2 Market Forecast

9 Market breakdown by region

10 SWOT Analysis

11 Value chain analysis

Analysis of the five forces of 12 carriers

13 Price analysis

14 Competitive landscape
14.1 Market structure
14.2 Key players
14.3 Profiles of key players
14.3.1 Advanon AG (CreditGate24 (Schweiz) AG) Company presentation Product portfolio
14.3.2 Aldermore Bank PLC (FirstRand Group) Company overview Product portfolio Finances
14.3.3 Capital Bluevine inc. Company overview Product portfolio
14.3.4 BNP Paribas SA Company overview Product portfolio Finances SWOT Analysis
14.3.5 Deutsche Leasing AG (Deutsche Sparkassen Leasing AG & Co. KG) Company overview Product portfolio Finances
14.3.6 Eurobank Ergasias SA Company overview Product portfolio Finances SWOT Analysis
14.3.7 HSBC Holdings SA Company overview Product portfolio Finances SWOT Analysis
14.3.8 Mizuho Financial Group Inc. Company overview Product portfolio Finances SWOT Analysis
14.3.9 Societe Generale SA Company overview Product portfolio Finances SWOT Analysis
14.3.10 The Banc du Sud Company Inc. Company overview Product portfolio

For more information on this report, visit

Media contact:

Research and markets
Laura Wood, senior
[email protected]

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SOURCE Research and Markets

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Ultra Configurable Sci-Fi Flight Sim ‘Tinker Pilot’ now available in Alpha – Road to VR Fri, 08 Oct 2021 13:46:13 +0000

Handyman pilot has been in the works for a few years now, with the goal of delivering a PC VR simulator experience that allows players to build their own sci-fi cockpit and outfit it with 1: 1 digital equivalents of things like sticks flight tools, pedals, joysticks and more. Now you can get a taste of the highly configurable flight simulation in its new paid alpha version.

The creator of the project Lluís Garcia Lamora is currently funding Handyman pilot via Patreon. For now, it looks like the game has a heavy focus on cockpit modularity and flight characteristics, which should appeal to the type of player who wants to focus on the flying aspect of the game and fine-tune their own setups.

Apart from creating your own flight setup, which also allows you to import models and rig them to match your own unique equipment, Handyman pilot Also gives you full control where you place things like info screens, holographic buttons, custom panels, communication holograms. Cockpits can also be filled with things like decorative pictures, special furniture and more.

As for the game mechanics, here’s what Garcia Lamora says:

“The gameplay of Handyman pilot is meant to be diverse and stimulating, but above all it is meant to be fun. You will be able to play different game modes which will require the use of the many systems of your ship and the environment itself, where the proximity to the terrain, stations, ships and other objects gives a greater sense of movement and speed.

Garcia Lamora has posted a video showing some of the game’s combat, although we hope to learn more about the gameplay as the project progresses so that users can really put these detailed cockpits to good use.

DIY Pilot Patreon includes levels ranging from $ 4.50 per month to $ 89, all of which give you immediate access to the latest alpha release, which Garcia Lamora says will be regularly updated as it progresses towards release.

It’s not clear when Handyman pilot comes out for the masses of PC VR owners, but Garcia Lamora says a contribution through DIY Pilot Patreon for $ 30 or more will get a copy of the final game when it releases.