Edward Johnson 
Shares of real estate companies like DLF, Macrotech, and Oberoi Realty rallied up to 2% on Wednesday after it was reported that the Finance Minister will amend the long-term capital gains tax (LTCG) rules proposed in the Budget. Buying action was seen in almost all real estate stocks with the Nifty Realty index rallying around … Read more
A software provider faces being fined more than £6m over a 2022 ransomware attack that disrupted NHS and social care services in England, the data protection regulator has announced. The Information Commissioner’s Office (ICO) said it had provisionally found that Advanced Computer Software Group had failed to implement measures to protect the personal information of … Read more
This week, Bangladeshi students staged protests that led to the fall of the Sheikh Hasina government. Throughout modern history, students have frequently played a pivotal role in regime changes or significant policy shifts. This trend is evident in numerous landmark protests across the globe, illustrating the power and influence of student movements. In the United … Read more
The water industry regulator for England and Wales is to appoint an independent monitor to supervise debt-laden Thames Water’s turnaround plan as it attempts to avoid a government-handled administration. Ofwat said on Wednesday the monitor would have access to the company’s financial information and would report back to the regulator. Thames Water’s credit rating was … Read more
HONG KONG: An investor has filed a petition to a court in China to liquidate a major unit of the heavily indebted property developer China Evergrande, according to a stock filing by the petitioner on Wednesday. The investor – Vanward, a Shenzhen-listed electric appliance manufacturer – cited a dispute with the Evergrande unit Guangzhou Kailong … Read more
Key events European stock markets have joined the rally. In London, the FTSE 100 share index has gained 43 points or 0.5% to 8068 points. That adds to Tuesday’s small gains, after the Footsie hit its lowest level since April on Monday. The pan-European Stoxx 600 index also jumped 0.5% at the open, with France’s … Read more
Amid the recent market volatility in the market, Edelweiss Mutual Fund CEO, Radhika Gupta suggested investors not to panic with markets moving up and down. The market corrections are normal. “So, with markets moving up and down, all this global news, everyone’s been asking me questions about what to do with their investments. So quick … Read more
Last week I used Booking.com to book return business class flights from the UK to Kathmandu in October. I was going out with Qatar Airways and back with Vistara, at a total cost of £3,679. Once the payment had gone through, the website told me I would receive an email with the booking reference and … Read more
Regulatory curbs on the domestic equity derivatives market could benefit commodities, as traders seeking opportunities may turn to the latter, multiple analysts told ETMarkets. Currently, MCX’s average daily turnover is around Rs 2 lakh crore, Anuj Gupta, Head of Commodity & Currency at HDFC Securities, said. He expects gains of around 20-30% in commodities due … Read more
The Royal Mint has unveiled a “pioneering” factory that will recover gold from electronic waste, creating a more sustainable source of the precious metal for the coin manufacturer’s luxury jewellery line. The factory in south Wales, which has been under construction since March 2022, is designed to extract gold from up to 4,000 tonnes a … Read more
