Unutilised CGAS funds: Don't let 3-year exemption deadline trigger tax notice
A widespread misconception exists that capital gains tax remains deferred until funds are physically withdrawn from the CGAS account.
A widespread misconception exists that capital gains tax remains deferred until funds are physically withdrawn from the CGAS account.
Wednesday’s trading session was one to forget for Metropolitan Bank (MCB -8.96%) investors. The New York-based lender took the wraps off its second-quarter results and, since they fell short of expectations, market players sold out of its stock. The shares closed the day down by almost 9%. Not quite good enough For the quarter, Metropolitan’s […]
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Goldman Sachs (NYSE:GS) has acquired AEGIS Hedging via its Goldman Sachs Alternative arm. AEGIS Hedging Solutions is a provider of commodity market intelligence that reportedly works with over700 commodity producers and financial counterparties. The company helps market participants grow through market expertise, including the utilization of artificial intelligence (AI). In better managing commodity risk, firms […]
Eternal Ltd, parent company of Zomato, Blinkit & Hyperpure reported a strong performance for the quarter ended June 30, 2026 for Q1 FY27, driven by robust growth in its quick commerce business Blinkit and steady momentum across its consumer businesses. Zomato Q1 Results Today: Eternal Delivers Strong Q1 Performance with Rs 20,000-Crore Revenue and Higher […]
FX Back Office (FXBO), a CRM provider for forex brokers, has rolled out a set of upgrades to its integration with trading platform cTrader. The update allows IBs to turn any product from the cTrader Store into a traffic source, while giving brokers one-click access to the platform and to cTrader Copy. Three additions make […]
M&G has appointed Matt Mansour as chief technology and artificial intelligence (AI) officer, subject to regulatory approval. He succeeds Chris Cochrane, who is stepping down at the end of July 2026. In his new role, Mansour will lead M&G’s technology function, overseeing the delivery of its technology, digital and AI strategy. He will ensure technology […]
September arabica coffee (KCU26) today is down -7.65 (-2.38%), and September ICE robusta coffee (RMU26) is down -62 (-1.62%). Coffee prices are retreating today, with robusta falling to a 2-week low. Coffee prices are under pressure on the outlook for dry conditions in Brazil’s coffee-growing regions over the next week, which should accelerate the coffee […]
Follow Otis Worldwide Corporation (OTIS) Q2 2026 Earnings Call July 22, 2026 8:30 AM EDT Company Participants Imelda SuitJudith Marks – Chair, President & CEOCristina Mendez – Executive VP & CFO Conference Call Participants Nigel Coe – Wolfe Research, LLCJeffrey Sprague – Vertical Research Partners, LLCAlexander Virgo – Evercore ISI Institutional Equities, Research DivisionVarun Govindaraj […]
CoinShares (NASDAQ: CSHR) has indicated that stablecoins have evolved far beyond their original role as tools for crypto trading. They are increasingly forming the backbone of broader financial systems, blending traditional stability with yield opportunities. A recent CoinShares interview with Guy Young, founder of Ethena Labs, highlights this transformation through the lens of USDe, a […]