M OST OF THE world’s traders were still enjoying a weekend break on Sunday November 8th after a rough few days in the markets—except those in Mumbai, India’s financial capital. Its two big bourses opened for a 70-minute special session to mark Diwali, the festival of lights, and to welcome Lakshmi, the goddess of wealth. Trades made during this so-called Muhurat session are meant to be particularly auspicious.
Investors are supposed to make long-term purchases: buying gold and silver is common as are conviction bets for the sake of the grandchildren. A new history of confiscation sheds light on modern economic warfare Taxing rich emigrants’ capital gains may be good in theory. Practice is harder To enhance your experience and ensure our website runs smoothly, we use cookies and similar technologies.
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