It is said that whenever the stock market starts plummeting the way it has from 17 Jan 2020, it brings an opportunity for those who have cash (investible surplus) with them to invest in a falling market. Is it true?
The IMF chief has said that the world is in a worse recession than the one in 2008 which was precipitated by the Lehman crisis and the containment of Covid-19 virus will define the strength of recovery. Since most of the countries across the world are close to a complete lockdown in operations or are already locked down, the impact of the current crisis could be far more than the impact of 2008 Financial Crisis.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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