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NYC mayor Mamdani calls relation with Trump ‘honest, direct, productive’ as US President slams him for pied-à-terre tax
New York City Mayor Zohran Mamdani described his relationship with US President as ‘honest, direct, and productive’. His remarks came despite Trump slamming him for pied-à-terre tax and ‘destroying New York’
Taxes have long been at the center of debates over fairness, growth, and the role of government. Yale law professor Natasha Sarin argues that gaps in the system, including the treatment of capital gains and inherited wealth, allow significant income to go untaxed, limiting federal revenue at a time of rising deficits. Investor Steve Rattner says higher taxes may be unavoidable given fiscal pressures, while University of Richmond professor Jessica Flanigan warns that overly aggressive taxation could slow economic growth and reduce overall prosperity. The result is a persistent tension between raising revenue, encouraging investment, and defining what constitutes a fair tax burden in a modern economy. (Source: Bloomberg)
Where’s the Indian mutual fund sector going ahead? 6 big trends to watch out for]]>
Mutual fund trends highlight a structural shift in investor preference towards mid and small caps, sectoral themes, and multi-asset funds, while large caps lose share. SIP inflows hit record highs, reinforcing steady participation. Despite regulatory hurdles, overseas funds recover, reflecting evolving allocation strategies and risk appetite.]]>
Netflix stock sinks after streamer reiterates guidance, says Reed Hastings to exit board
Netflix beat expectations for Q1 revenue and reported a big jump in earnings per share thanks in part to a termination fee related to its proposed WBD deal.
Notice of Demand under Recovery Certificate No. 9086 of 2026 dated April 16, 2026 issued against Ravi Ludhiyani HUF (PAN- AAQHR9636F) in the matter of dealing in Illiquid Stock Options on BSE
Notice of Demand under Recovery Certificate No. 9086 of 2026 dated April 16, 2026 issued against Ravi Ludhiyani HUF (PAN- AAQHR9636F) in the matter of dealing in Illiquid Stock Options on BSE
FMCG sector likely to deliver a healthy performance in Q4FY26. Here's why
The FMCG sector is also expected to deliver a healthy performance in Q4FY26, supported by post-GST volume recovery, easing agri-input costs, and resilient domestic demand.
China’s Orient Securities Deal to Create $86 Billion Brokerage
Two Shanghai government‑backed brokerages plan to merge in a deal that will create a firm with around $86 billion in assets, underscoring China’s push to consolidate the securities industry as it seeks to build world‑class investment banks.
Mcap of 8 of top-10 most valued firms surges by Rs 1.87 lakh cr; Airtel biggest winner]]>
The combined market valuation of eight of the top-10 most valued firms surged by Rs 1,87,497.45 crore in a holiday-shortened last week, with Bharti Airtel emerging as the biggest gainer, in line with a positive trend in equities.]]>
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