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The Indian government had earlier rejected a proposal put up by the Indian Revenue Service Association to levy higher taxes on the uber-rich to meet the revenue shortfall. The government also took stern action against three officers who allegedly made the report public.
A speculative frenzy is sweeping Wall Street and world marketsSpurred by endless monetary stimulus and bets on a post-pandemic world, day traders and institutional pros alike are enjoying the easiest financial conditions in history.
from Stocks-Markets-Economic Times https://ift.tt/3p9… Read MoreCongress reaches deal on $900 billion pandemic relief planThe plan would provide direct payments of $600 to most Americans and $300-per-week in enhanced unemployment benefits through March, according to lawmakers and aides. Expiring programs for gig workers and the long-term unemplo… Read MoreCrypto FOMO makes even a 350% premium on Bitcoin look appealingCompanies that dabble in crypto-related industries have served as a proxy for exposure since the Bitcoin bubble of 2017.
from Stocks-Markets-Economic Times https://ift.tt/3nzu2Kw
… Read MoreDHFL bidders may junk some conditions from their offersLenders held a marathon meeting over the weekend and negotiated hard with bidders, who have promised to come back with new adjustments without tweaking any commercial offer.
from Stocks-Markets-Economic Times https://ift.tt/… Read MoreMarket rally may sustain as dollar index slipsThe Nifty and the Sensex cruised to fresh record highs on Friday. Nifty ended up 19.85 points, or 0.14 per cent, at 13,760.55 and the Sensex ended up 70.35 points, or 0.15 per cent, at 46,960.69.
from Stocks-Markets-Economic… Read More
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