The Bears Steep Gun Tax Could Curb Some Very Deadly Weapons, But There Are Lags

[ad_1] In response to two recent mass shootings, Representative Don Baer (R-VA) introduced a bill Which will impose 1,000 percent excise duty on some guns. Washington Post report That Bayer hopes to include it in a larger budget reconciliation bill that would allow it to pass the Senate by a simple majority. The bill would raise prices for not only taxed guns, but similar guns that are exempt from the new tax because people want to buy those guns instead. But, while Bayer’s tax may limit access to certain types…

Sensex: These shares of BSE 500 down by 15-28% due to the strengthening of bears’ hold on D-Street

[ad_1] It turned out to be a painful week for investors on Dalal Street as the benchmark index Sensex Lost 2,943 points. The broader Nifty 50, which ended below the 15,300 mark, is now only 411 points away from officially entering bear territory. Data shows this was the worst week for nifty in more than two years. Unabated selling of Indian equities by foreign portfolio investors (FPIs) also pushed the headline stock index down. Marking the biggest annual outflow, foreign investors have so far sold Indian shares worth over Rs…

BSE500 Shares: Despite the strong hold of the bears on D-Street, these BSE500 stocks gained 10-39%

[ad_1] New Delhi: Domestic stock markets fell sharply last week as rising concerns over high inflation, both domestically and overseas, fueled speculation of aggressive rate hikes by central banks. The past week was volatile for the stock markets as the Reserve Bank of India (RBI)reserve Bank of India) announced a 50-basis-point rate hike and clearly indicated even tighter fiscal conditions ahead given the rise in domestic inflation. Unabated selling of Indian equities by foreign portfolio investors (FPIs) also pushed the headline stock index down, causing their first weekly loss in…