“This is a meditation, just with your body,” begins fitness instructor Taryn Toomey in her deep, gravelly voice, reminiscent of Kathleen Turner. “Feel what your mind is trying to tell you.” advertisement advertisement I am in The Class, billed as a “cathartic mind-body experience” by founder Toomey, who is leading the session in her Tribeca studio. The airy space is outfitted with marble counters, soothing neutral palettes, modern gold-plated fixtures, and wood floors embedded with a layer of rose quartz crystals. Tunes by Florence and the Machine and The XX set the pace of The Class’s routines. As instructed, I am squatting and breathing deeply as a chorus of Lululemon-clad attendees repeatedly shout, “Huh!” in unison. These affluent working women are using sound to (Toomey claims) harness and release energy, treating the class’s mix of cardio exercises, body conditioning, yoga, and meditation as a sort of therapy … [Read more...] about Is This Workout For Your Feelings What American Women Need Right Now?
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The Income Tax (I-T) Department is probing Future and Options (F&O) brokers, bogus entry players and beneficiaries of these bogus trades for evading long term capital gain (LTCG) tax."I-T department conducted searches on brokers and beneficiaries over the past two days, and it may continue for another couple of days," a source close to the development told Moneycontrol.Searches were mainly conducted in Kolkata, Mumbai, Hyderabad, Delhi, Ahmedabad and Jaipur after the I-T intelligence and criminal cell detected illiquid option trades.Close In October 2018, the Central Board of Direct Tax (CBDT) had written a letter to SEBI seeking information on the same. SEBI had in FY14-15 passed an order in regard to the matter. related news Kia to launch Carnival MPV in 2020 Wipro launches cyber defence centre in Melbourne, Australia The action comes after reversal of trades were detected in around 14,000 entities in the illiquid … [Read more...] about I-T Department probing fraudulent F&O brokers, beneficiaries
Moneycontrol BureauThe Reserve Bank of India (RBI) left the repo rate unchanged in its December policy review while maintaining accommodative stance, as it expects past monetary easing and measures taken by the government to feed into the real economy gradually.All six members of Monetary Policy Committee (MPC) voted in favour of a pause, the central bank said in a statement on December 5.Close To catch all the action from the Monetary Policy Meet, click here related news RBI Credit Policy | To issue draft norms for cooperative banks to strengthen safety of deposits Households expect inflation to rise, businesses see weak demand: RBI survey RBI Credit Policy | Monetary Policy Committee raises consumer inflation target for October-March to 4.7-5.1% Following are the key takeaways from the monetary policy:On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (December 5, 2019) decided to:- … [Read more...] about RBI Monetary Policy: A quick read of the policy document
Households’ inflation expectations, measured by the Reserve Bank’s November 2019 round of the survey, increased by 120 basis points over the three-month ahead horizon and 180 basis points over the one-year ahead horizon, as food prices have been rising.According to the Reserve Bank’s consumer confidence survey, spending onnon-essential items of consumption has shrunk compared to a year ago.However, consumers expect their overall spending to remain unchanged going forward largely due to an increase in prices.Close The RBI expects high food prices to persist for some time. related news Top 5 reasons why Sensex fell after RBI leaves rates unchanged RBI Credit Policy | To issue draft norms for cooperative banks to strengthen safety of deposits "The upsurge in prices of vegetables is likely to continue in immediate months; however, a pick-up in arrivals from the late kharif season along with measures taken by the Government to … [Read more...] about Households expect inflation to rise, businesses see weak demand: RBI survey
Manisha GuptaOnion prices in major Asian markets like Nepal, Bangladesh and Sri Lanka have climbed to $2-$6 per kg over the past few weeks, up $0.5-$1 per kg, with experts attributing the sudden demand from India as one of the reasons.Across the world, onion prices are up around 12 percent on an average, over November.Close India, the world’s largest exporter of onions, banned exports in September, and this is likely to continue for a while till prices come under control. related news Centre deliberately creating scarcity of onion in Delhi: Sisodia Nexus between BJP, hoarders responsible for rocketing onion prices: AAP Despite rising prices and shortage at home, India continues to export onion to Maldives A similar trend in onion prices has also been seen in countries like China, Iran, Indonesia and South Korea, where prices have risen between 9 percent and 22 percent over the last one month.The National Horticulture Development Board (NHDB) has estimated India’s … [Read more...] about Onion prices in Asia surge 9-22% as India scouts for imports