When tax authorities can hold buyers liable for a seller’s taxes: what businesses need to know Tax administrations in some jurisdictions now have the power to pursue a buyer directly for a seller’s unpaid taxes. That change shifts risk down the commercial chain and can catch buyers off guard — particularly companies that assume they … Read more
The dollar index edged lower, down about 0.15% to 98.17. The move is modest but meaningful for traders watching currency markets, commodities and global risk sentiment. Below we break down likely drivers, market impacts and what investors may watch next. Why the dollar dipped The small decline in the dollar index can reflect several forces … Read more
Guinea to Contest $28.9 Billion Arbitration Claim by Axis International Guinea has announced it will defend itself against a massive $28.9 billion arbitration claim lodged by Axis International Ltd. The government says it terminated Axis’s bauxite-mining permit because the company violated an industry code. What Happened Axis International, a firm involved in bauxite mining, has … Read more
German prosecutors have agreed to drop a corruption or money-laundering probe into Russian magnate Alisher Usmanov after he consented to pay nearly $12 million. The development closes a chapter in a high-profile investigation and raises questions about how wealthy individuals resolve cross-border legal issues. What prosecutors said Authorities in Germany announced they will discontinue their … Read more
What the 31 December deadline means for ITR refunds Taxpayers who miss the 31 December deadline for filing a revised income tax return (ITR) face a real constraint: once that date passes, they generally lose the statutory opportunity to file a revised return for that assessment year, even if their original return is still awaiting … Read more
When will the 8th Pay Commission affect your take-home pay? The revised in-hand salary under the 8th Pay Commission will become effective only after the government makes an official announcement. However, any increase due to the new pay structure will be applied retroactively — with arrears beginning to accumulate from January and paid out once … Read more
Macquarie Pledges £245 Million More to Support Southern Water Macquarie Asset Management has committed to injecting a further £245 million ($330 million) of equity into Southern Water Ltd. The move forms part of a broader plan intended to strengthen the finances of the UK utility and provide greater stability as it addresses operational and regulatory … Read more
Sharp rise in margins and maintenance fees shakes precious metals market Margin requirements and maintenance fees for white precious metals surged by nearly 50% in a single week, rattling traders and raising costs across the commodity complex. The move came alongside notable price action in gold, platinum and palladium, forcing market participants to reassess risk … Read more
Rainmatter’s stance stands out as VCs pull back from climate-tech Rainmatter’s position on climate-focused investing arrives as a sharper reminder of the mixed track record Indian climate-tech has posted so far. After a period of early optimism, many venture capital funds in India have grown cautious — a response to a sector that has struggled … Read more
Gold futures edged higher, rising by ₹119 (around 0.09%) to settle at ₹1,35,566 per 10 grams. The day’s trade recorded a business turnover of 15,782 lots, reflecting steady participation from investors and traders. Market snapshot The modest uptick in futures suggests cautious optimism among market participants. While the move was not dramatic, the combination of … Read more