Gold and silver have worst weeks since March on rising dollar

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By Eddie Spence Gold and silver posted their biggest weekly losses since March, when the global onset of the coronavirus pandemic panicked markets. The dollar gained as concern over the outlook for global economic growth bolstered the appeal of the currency as a haven, sapping demand for gold. Fears are mounting that rising coronavirus cases, … Read more

White House seeks deal this week with congressional Democrats on coronavirus bill

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WASHINGTON: White House negotiators on Tuesday vowed to work “around the clock” with congressional Democrats to try to reach a deal on coronavirus relief by the end of this week, as the pandemic takes a heavy toll on American life. Following an afternoon meeting of the four main negotiators, Treasury Secretary Steven Mnuchin raised the … Read more

Congressional Democrats, White House still at impasse over coronavirus bill

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WASHINGTON: The top Democrats in Congress are not close to a deal with the White House to pump more money into the U.S. economy to ease the coronavirus‘ heavy toll, both sides said on Saturday, after an essential lifeline for millions of unemployed Americans expired. “This was the longest meeting we had and it was … Read more

Google tax mop-up reaches Rs 2,600 cr since India began levying equalisation tax in 2016

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With Rs 2,600 cr in its kitty over four years, Modi govt now wants to expand the scope of Google TaxThe collections have increased from Rs 338 crore in 2016-17, the first year since the so-called Google tax of 6% was introduced, to Rs 589 crore the following year, government data showed. In 2018-19, the … Read more