Why markets boomed in a year of human misery?
Sat, Jan 2, 2021 7:48 PM

Why markets boomed in a year of human misery?

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It’s a macabre spectacle. Asset prices keep reaching new, extraordinary highs when around 3,000 people a day are dying of coronavirus and 800,000 people a week are filing new unemployment claims. The central, befuddling economic reality of the United States at the close of 2020 is that everything is terrible in the world, while everything is wonderful in the financial markets.

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Axis Bank buys 5.55% stake in financial technology firm IBBIC

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Skoda to increase presence to 100 cities in India by August

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Torrent Gas to invest Rs 10,000 crore to develop CGD network

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Torrent Gas plans to invest Rs 5000 crore in Tamil Nadu over the next five years to develop the infrastructure for its city gas distribution (CGD) business. The company eyes to invest around Rs 10,000 crore over the next five years across the country. On Tuesday, Torrent launched its operations in Chennai, the only metro city in the country to be authorized to a private entity.

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