Jim Simons, who passed away on May 10, 2024, was a remarkable figure who straddled the worlds of mathematics, finance, and philanthropy. Nicknamed the “Quant King,” Simons’ legacy lies in his pioneering use of quantitative analysis to revolutionize the investment world. Born in 1938, Jim Simons’ brilliance in mathematics was evident from a young age.
READ MOREInheritance Tax, the process of receiving assets from a deceased loved one, can be a bittersweet experience. In many countries, a portion of the inherited wealth goes to the government as inheritance tax. But what about India? Does India Have an Inheritance Tax? The answer is no. Unlike many developed nations, India does not levy
READ MOREAccording to authorities, heavy rain in Delhi and thunderstorms over the airport region have caused at least 140 aircraft to be delayed as of this morning. Over 140 flights have been delayed, with 90 at departure terminals and 44 at arrivals. According to sources, out of the 140 planes whose operations have been impacted thus
READ MOREEarly Friday trade saw oil prices rise, but they were poised for their first weekly losses in three weeks as concerns about inflation and China’s COVID lockdowns slowed the global economy, outweighing concerns over declining Russian fuel supplies. At 0008 GMT, Brent crude prices were up 97 cents, or 0.9 percent, at $108.42 a barrel,
READ MORERK Singh, the electricity minister, claimed on April 28 that there is a power shortage in several states because payments to generation companies have not been made. According to Singh, several governments were not lifting indigenous coal on a war footing, instead of increasing fuel imports and enabling high fuel costs to be passed through. “The
READ MOREIndia plans to launch digital money by 2023, according to Finance Minister Nirmala Sitharaman. “The government and RBI are looking into its several commercial use purposes and not just financial inclusion, which is largely achieved through the JAM trinity (Jan Dhan-Aadhaar-Mobile),” she said. India’s Finance Minister, Nirmala Sitharaman, stated that the country’s goal is to
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