Musk's wealth rose to $101 billion after a rally in Tesla's share price as stock splits took effect and attracted more buying from investors, according to the Bloomberg Billionaires Index. Tesla's stock has surged over 70 percent since its split was announced on August 11. … [Read more...] about Tesla will unveil ‘many exciting things’ at Battery Day event on September 22, says CEO Elon Musk
World bank annual meeting
It was followed by Madhya Pradesh (4th), Jharkhand (5th), Chhattisgarh (6th), Himachal Pradesh (7th), Rajasthan (8th), West Bengal (9th) and Gujarat (10th). Delhi’s position improved to 12th from 23rd in the last edition, while Gujarat slipped from 5th place in 2018. … [Read more...] about Andhra Pradesh tops for the third time in ‘ease of doing business’ ranking of states, Union Territories
The dollar jumped to a near one-month high, as the pound dropped to a six-week low on renewed worries about Brexit and as risk appetite waned. A stronger greenback makes gold more expensive for holders of other currencies. … [Read more...] about Gold flat as dollar strength counters safe-haven demand
A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine. … [Read more...] about India needs fresh fiscal stimulus to tide over COVID-19 crisis, says IMF
Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Market cap-to-GDP ratio moves above long period average; time for caution?