NSE’s CNX500 index provided a median return of -0.1% across 24 Budget Days since 2000 according to a study by Capitalmind Financial Services Pvt. “Market behaviour one week before and one week after Budgets are interesting mirror-images of each other as investors seem to reduce exposure due to uncertainty leading up to Budget Day, negative 63% of the time, followed …
A Scotland-based Indian-origin construction firm boss has been banned from running companies for at least nine years for submitting false tax returns to British authorities. "It was clear from our investigations that Hardip Khaira deliberately caused the construction firm to submit false returns to reduce the amount of tax the company had to pay," said Robert Clarke, the Chief Investigator …
)