“Cash is not a safe investment, is not a safe place because it will be taxed by inflation,” Dalio said Tuesday on CNBC’s “Squawk Box.”
The base size of the fund is pegged at Rs 1,000 crore with an option to retain subscriptions up to Rs 2,000 crore.
The NCDs of a face value of Rs 1,000 each are for an amount up to Rs 200 crore (base issue size) with an option to retain oversubscription up to Rs 300 crore, aggregating up to Rs 500 crore (tranche I issue), which is within the shelf limit of...
Alphabet (NASDAQ:GOOGL) Inc is trading up 2.35% at 2910.61 A group of former Google employees sued the Alphabet (NASDAQ:GOOGL) Inc unit on Monday alleging that it breached their employment contracts by not honouring its famous motto “don’t be evil.” In the lawsuit filed in California state court in...
Brent Oil was trading 2.43% down at $71.70. Global jet fuel markets stayed under pressure on Tuesday as more countries expanded border restrictions to keep the new Omicron coronavirus variant at bay, prompting travellers to reconsider their plans. Jet fuel demand – the biggest laggard in the oil complex...
1.GAP:-NGap Inc has settled federal charges that it routinely discriminated against employees who were not U.S. citizens because of their immigration status, the Department of Justice said on Monday. The accord requires the San Francisco-based clothing retailer to pay a $73,263 civil fine, provide back wages to two employees...
Data released earlier in the day showed that China’s manufacturing purchasing managers index (PMI) was at 50.1, while the non-manufacturing PMI was at 52.3, in November. The Caixin manufacturing and services PMIs are due later in the week. However, investors also continue to monitor the omricron variant of COVID-19,...
“Gold prices traded higher with spot gold prices at COMEX trading half a per cent up at USD 1,794 per ounce on Tuesday,” according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.