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The impact of the Budget on the market will not last for more than a few days. Soon the market will start responding to fundamentals. Investors can utilize the correction in the market to buy quality stocks in performing sectors like private sector banking. The mid-to long-term trend of the market will depend on capital flows and the recovery in economic growth and corporate earnings. … [Read more...] about Budget 2020: Govt missed the opportunity to attract long-term funds by not acting on LTCG

Moore used as his starting point 2009, thereby saddling Obama with the consequences of the recession he inherited. Given the severity of the Great Recession, household incomes continued to plummet for two years after it ended in June 2009.  In addition, Moore drew his data from a private data firm, Sentier Research, which uses smaller sample sizes than the U.S. Census to generate monthly and more current estimates of household income. … [Read more...] about Under Trump, income growth slows across U.S., including in battleground states

Delhi Chief Minister Arvind Kejriwal called it a “tragic loss of life”. “The culprits must not be spared. 20 people have already lost their lives. So painful to watch people of Delhi suffering. Praying that we recover from this tragedy soon and work together to undo the damage done to people and communities,” Kejriwal said in a tweet. … [Read more...] about Delhi violence: Police recovers body of Intelligence Bureau officer from riot-hit Chand Bagh area

The filing of appeals before Commissioner of Income Tax (Appeals) ‘CIT(A)’ has already been enabled in an electronic mode. However, the complete process was not digitised. A taxpayer can file his appeal through his registered account on the e-filing portal. However, the subsequent process post the filing of appeal is neither electronic nor faceless. … [Read more...] about Budget 2020: Govt on course to achieve digital transformation for income tax

Vidya BalaIf your high-performing athletic teenage child suffered a bad injury that would impact her performance and may likely take time to heal, what would you do? You have two options. One, give intense physical therapy, provide high-protein food or collagen and other such supplements to hasten healing, provide regular psychologist counselling to keep the morale intact and of course spend a bit more lavishly on the kid to ensure she bounces back. Two, just provide good nourishment and emotional support, stay in the periphery and allow the teenager to heal by herself and return to top form or even settle for a middle-order performance. … [Read more...] about Market rally becoming broad-based, irrespective of budget announcements