Day: August 13, 2020

The big ‘surprise’ that could send stocks higher: Morning Brief

Thursday, August 13, 2020

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Investors have been buying losers and selling winners.

The last few days of market action have been among the most interesting in months.

Everything that worked suddenly lagged.

Everything that had been falling behind this market was quickly in a leadership role.

After the Nasdaq hit a record high last Thursday, the sectors, styles, and factors that had been out of fashion for most of the summer became the stars of the show.

And as Nomura strategist

Nirmala Sitharman says any Income-Tax related communication not generated from computer will be invalid

FM said that the vision of PM Modi is to empower the taxpayers, to provide a transparent system, and to honour the honest taxpayers.

Finance Minister Nirmala Sitharaman today said that any communication from the Income Tax Department without a computer-generated DIN, be it a notice, letter, order, summon, or any other correspondence will be invalid and would not stand in the eyes of law. In the event of the launch of the platform ”Transparent Taxation – Honoring the Honest” by Prime Minister Narendra Modi, FM Sitharaman added that the faceless tax scrutiny assessment and appeal would help ease

Dropbox rolls out slew of privacy features for professional, business users looking for enhanced data protection

Dropbox has also introduced a file backup function that automatically synchronizes directories (File image: Reuters)

As the users across the world are struggling to keep their data safe and the increase in the number of data breaches from various apps, Dropbox has brought in enhanced technologies to help users in the protection of their data. The cloud storage company has rolled out Passwords, Vault, and backup features for computers that were previously only accessible in beta form. However, these newly added features will not come free for the users and they will have to pay at least $12 a month,