UAE Corporate Tax Exemption for Non-Commercial Sports Entities Announced In a significant fiscal and policy shift this week, the United Arab Emirates Ministry of Finance announced a new corporate tax exemption for non-commercial sports entities under Cabinet Decision No. (1) of 2026, marking a major development in how the UAE supports and positions its sporting…
EMB: Feb. 11, 06:00 UTC Decentralized finance (DeFi) protocol Spark is pushing one of DeFi’s deepest pools of stablecoin liquidity further into institutional markets, unveiling new lending infrastructure designed to connect on-chain capital with off-chain borrowers that have largely stayed outside DeFi. The protocol introduced Spark Prime and Spark Institutional Lending in an announcement at…
The yellow metal is trying to build a base, with $5,000 now the pivotal near-term pivot. (AI image) Gold price prediction today: Gold prices are extending their rally this week, and remain well supported in the long term, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. The expert lists…
MUMBAI: Edelweiss Financial Services on Monday said it will bring in The Carlyle Group as strategic majority investor in its housing finance subsidiary, Nido Home Finance, with Carlyle-affiliated funds committing Rs 2,100 crore to the business. The transaction, announced on Tuesday, involves the acquisition of a 45% stake in Nido from Edelweiss through a secondary…
NEW DELHI: Samajwadi Party leader Abu Azmi on Tuesday launched a sharp attack on actor Salman Khan over his presence at the RSS’s 100th anniversary celebrations, alleging that the Bollywood star may have attended the event under pressure. He also claimed that the actor lacks the courage to refuse to an invitation sent by the…
Investor interest in precious metals surged in January, with mutual fund allocations to gold and silver rising sharply as prices of both metals climbed significantly. For the first time in recent years, monthly inflows into gold and silver schemes surpassed investments into equity funds, which have typically driven industry growth. Gold and silver Exchange Traded…
HONG KONG — Financial regulators in Hong Kong are going to unveil a framework for trading platforms to offer perpetual contracts, the head of the region’s Securities and Futures Commission said Wednesday. Brokers in Hong Kong will soon be able to provide financing to clients backed by bitcoin BTC$67,668.26 and ether ETH$1,976.46 and platforms will…
NEW DELHI: In a major push to eliminate lymphatic filariasis, the Centre on Monday rolled out a nationwide annual mass drug administration campaign across 12 endemic states, signalling a decisive shift in strategy to meet its 2027 elimination target.Launching the campaign, Union Health Minister Jagat Prakash Nadda said the move from biannual to a single,…
Rupee opened weak on Wednesday, falling 6 paise to 90.62 against the US dollar amid ongoing geopolitical worries and steady demand for the greenback from importers.Trading at the interbank foreign exchange market began with the rupee at 90.56 per dollar. As the session progressed, the local unit weakened to 90.62, lower than its previous finish….
Asian share markets traded in green on Wednesday, as investors balanced about weak US consumer data and about concerns about American economy. Hong Kong’s HSI added 97 points or 0.36% to reach 27,280 at 9:30 am IST. Kospi also inched higher, up 46 points to 5,348. Japan’s Nikkei also extended its rally, adding 2.28% 1,286…
