After Senator Kelly Loeffler, Republican of Georgia, was investigated over insider trading claims last spring, along with at least three of her colleagues, she announced that she and her husband would no longer trade individual stocks; her family would divest them and move their money into diversified mutual funds. Ms. Loeffler, one of the two Republican candidates in Georgia’s Senate […]

The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds. Industry body Association of Mutual Funds in India (Amfi) has released a 10-point wish list ahead of the Union Budget 2021-22. The pre-Budget proposals sent to the finance […]

Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic. The cost of moving freight from France to the U.K. surged to more than four times the usual level last week after Brexit and a virulent new strain of the coronavirus complicated supply […]

With a rough roller coaster in 2020, investors will look forward to stability and better returns in the New Year. Hopefully, with multiple companies announcing their COVID-19 vaccines, the pandemic may not play as big a role in the financial markets as the year gone by and investors can once again look forward to better returns from the stock markets. […]

On February 1, 2021, Finance Minister Nirmala Sitharaman will present the Budget for the Financial Year 2021-2021. Nirmalaji has asked us to send the finance ministry inputs so that the government can prepare an all-inclusive Budget, one that will incorporate the needs of its people. In a month-long series, A Ganesh Nadar/Rediff.com will speak to Indians across the land about […]

The New York Stock Exchange said it will no longer delist China’s three biggest state-owned telecommunications companies, backtracking on a plan that had threatened to escalate tensions between the world’s largest economies. NYSE’s U-turn came just four days after the exchange said it would remove shares of China Mobile Ltd., China Telecom Corp. and China Unicom Hong Kong Ltd. to […]

Citizens for Responsibility and Ethics in Washington, a center-left watchdog group, is asking prosecutors to conduct a criminal investigation into President Donald Trump. The request came in a letter sent Monday to the Department of Justice and Fulton County District Attorney Fani T. Willis. It comes after audio revealed that President Trump pressured Georgia elections officials to take away President-elect […]

NEW YORK (BLOOMBERG) – Bitcoin fizzled in trading on Monday (Jan 4) as the famously volatile cryptocurrency pulled back after a spectacular new-year rally. Prices fell as much as 17 per cent in the biggest drop since March before recovering. The losses are small in the context of Bitcoin’s broader rally, with a 50 per cent jump in December alone. […]

Businesses are calling for more support and relief measures after U.K. Prime Minister Boris Johnson plunged England back into full lockdown in a bid to stem the surge of rising Covid-19 infections. Industry groups from sectors including retail, pubs and car manufacturers are pressing the government to help avert business failures by extending certain tax reliefs to companies, giving grants […]