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  • Jim Simons: The Man Who Decoded Markets with Math

    Jim Simons: The Man Who Decoded Markets with Math0

    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.

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  • Inheritance Tax in India: What You Need to Know

    Inheritance Tax in India: What You Need to Know0

    Inheritance 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

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  • Due to a rainstorm in Delhi, at least 140 flights have been cancelled thus far

    Due to a rainstorm in Delhi, at least 140 flights have been cancelled thus far0

    According 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

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  • Even as reduced demand threatens to limit increases, oil prices continue to rise

    Even as reduced demand threatens to limit increases, oil prices continue to rise0

    Early 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,

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  • power minister criticizes states for the escalating electrical situation

    power minister criticizes states for the escalating electrical situation0

    RK 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

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  • FM Nirmala Sitharaman: India plans to bring digital currency by next year

    FM Nirmala Sitharaman: India plans to bring digital currency by next year0

    India 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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