Monday, September 28, 2020

President Trump deflects questions about his taxes, changes the stakes on the first debate

While Trump tried to deflect the news about his taxes, and his Republican allies generally kept their silence, Democrats pounced and former Vice President Joe Biden, the party’s presidential candidate, posted a video noting that the president paid less in income taxes than everyday Americans like teachers, firefighters and nurses.

from Economic Times https://ift.tt/3jiVBG4

Analysing economy, could give one more stimulus if necessary, says Nirmala Sitharaman

Analysing economy, could give one more stimulus if necessary, says Nirmala Sitharaman Crediting the massive Q1 contraction to the COVID-19 pandemic and subsequent lockdowns, the finance minister said industries have since seen capacity utilisation rise to pre-COVID levels

from Moneycontrol Business News https://ift.tt/3mZNeBc

Blacklisted institutes: State governments will be nudged to take action

Blacklisted institutes: State governments will be nudged to take action Until now, it was the responsibility of the Central government and its agencies to ensure the shutdown or accreditation of these institutes, which have proliferated across the country. However, apart from battling Covid, many State governments are in election mode, with Assembly Polls due in 2021, and regulating blacklisted institutes may not be a key priority

from Moneycontrol Business News https://ift.tt/2GlKtJz

Zydus Wellness raises Rs 650 crore through issuance of shares to QIBs

Zydus Wellness raises Rs 650 crore through issuance of shares to QIBs The qualified institutions placements (QIP) opened on September 23 and closed on September 28.

from Moneycontrol Business News https://ift.tt/36hgpKo

Moody’s sees pricing discipline improving systematically-important insurers LIC, GIC Re, NIA’s profitability

Moody’s sees pricing discipline improving systematically-important insurers LIC, GIC Re, NIA’s profitability Insurance regulator IRDAI has listed LIC, GIC Re and New India as domestic systematically-important insurers for 2020-21

from Moneycontrol Business News https://www.moneycontrol.com/news/business/moody’s-sees-pricing-discipline-improving-systematically-important-insurers-lic-gic-re-nia’s-profitability_14317781.html

#39;Weakening fiscal position can impact sovereignty of debt market as COVID risks persist#39;

Vinod Nair The US presidential election, world#39;s largest capitalist country, has never impacted the trend of global equity market in the long-term.

from Moneycontrol Market Outlook https://ift.tt/33ddTm8

Walmart in talks for $25 billion investment in Tata’s super app: Report

Walmart in talks for $25 billion investment in Tata’s super app: Report As per talks, the platform being considered for launch in December 2020 or January 2021 in India, could be a joint venture between Tata and Walmart

from Moneycontrol Business News https://www.moneycontrol.com/news/business/walmarttalks-for-3625-billion-investmenttata’s-super-app-report_14317561.html

ETMarkets Morning Podcast: All the news you need to start your day

Tune in! What's buzzing on D-Street today morning.

from Economic Times https://ift.tt/3mZDKWC

Silver futures fall 1.49% to Rs 58,150 per kg in afternoon trade

Silver futures fall 1.49% to Rs 58,150 per kg in afternoon trade In the futures market, silver for December delivery touched an intraday high of Rs 58,755 and a low of Rs 57,652 per kg on the MCX.

from Moneycontrol Business News https://ift.tt/3cDjGEM

Digit Insurance expects to break even this fiscal, sees topline crossing Rs 3,000 crore

Digit Insurance expects to break even this fiscal, sees topline crossing Rs 3,000 crore Canadian NRI billionaire Prem Watsa#39;#39;s Fairfax Financial Holdings has pumped USD 140 million into the nearly-three-year-old non-life insurer. Other investors of the Bengaluru-based firm, which began operations in December 2017, are A91 Partners, Faering Capital, and TVS Capital which together pumped in USD 84 million.

from Moneycontrol Business News https://ift.tt/30ar9WU

Centre plans scheme to help Dalits with startups: Report

Centre plans scheme to help Dalits with startups: Report The Centre will help young Dalit entrepreneurs with startup ideas in the best technological facilities.

from Moneycontrol Business News https://ift.tt/2EDlT6z

HDFC Bank submits two candidates to RBI for next CEO

India's ​largest ​private lender HDFC Bank has ‌submitted ⁠the ⁠names ​of two candidates ​to the ​Reserve Bank ⁠of India ‌for ​the ​posi...