Facebook and Instagram’s parent company, Meta, reported second-quarter sales of $28.8 billion, which was in line with expectations of $28 to $30 billion but represented a 1 per cent decline in revenue year on year.

‘We seem to have entered economic downturn:’ Meta chief Mark Zuckerberg as revenues decline

The fiscal deficit target for the last financial year was revised upwards to 3.5 per cent of the GDP from original projection of 3.2 per cent, following GST implementation and deferment of spectrum auction

Fiscal, revenue deficit to be lower than estimates: Government

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