Indian Income Tax department protest against new tax assessment scheme
Through the faceless tax assessment system, the Indian government is seeking to put an end to unfair practices by tax authorities
Savings
Indian stock markets surge as Infosys posts significant gains
The shares of Infosys soared by 7.2% on Monday when markets re-opened after their weekly weekend closing
European shares go out of favor, routed for multi-month worst
On Friday, December 21st, the European shares had closed slightly higher, regaining from earlier heavy losses, as comments from a US policymaker quieted some concerns over the Wednesday’s rate hike
US stocks slightly soar on Tuesday ahead of Fed policy meeting
On Tuesday, the 18th of December, the Global equity market slid and US shares soared slightly, as investors remained unnerved awaiting indications about FED’s decision on monetary policy.
Asian stocks may rally after FED policy meeting, oil woes boost US bond
Asian share market remained highly optimistic, as market has been chattering about a pause in the Fed monetary policy.
S&P 500 slammed to 14-month low on a dithered US economy
On Monday, the 17th of December, almost all of the major indices of Wall Street glided downwards over 2 percent, while the benchmark standard & poor 500 had closed the session at its 14 months low
Richard Clarida sworn-in as vice-chairman of US Federal Reserve
The 57-year-old was a part of the George W. Bush administration as an assistant secretary of the treasury for economic policy