The Supreme Court on Thursday ruled that insurance companies are not liable to bear the final compensation in motor accident claims if the vehicle was being driven by someone without a valid driving licence. While victims will continue to receive compensation under the ‘pay and recover’ principle, the insurer can recover the entire amount […]
A delay by a builder in handing over a residential property cannot, by itself, deprive a taxpayer of the capital gains exemption available under Section 54F of the Income-tax Act, the Telangana High Court has ruled. In a judgment delivered on July 8, 2026, the High Court held that a taxpayer who has invested capital […]
In this photo illustration, Apps for online prediction market sites are shown on an electronic device on Feb. 25, 2026 in Chicago, Illinois. Scott Olson | Getty Images It’s been less than a year since 26-year-old Logan Sudeith became a full-time trader on prediction markets and in one month alone he managed to collect $250,000. […]
Thirteen die in tourist plane crash over Peru’s Nazca Lines
Wealthy homeowners who might be subject to New York City Mayor Zohran Mamdani’s pied-à-terre tax just got more time to avoid it. Mamdani and Department of Finance Commissioner Richard Lee announced on Saturday that the deadline for homeowners to submit an exemption application has been extended to September 18. That’s four weeks past the original […]
Ahmedabad-based plastic packaging manufacturer Dhaval Packaging Limited (DPL) will launch its initial public offering (IPO) on July 30, with the issue closing on August 3. The company aims to raise Rs. 36.36 crore through a fresh issue of 37,48,800 equity shares. Dhaval Packaging has fixed a price band of Rs. 92 to Rs. 97 per […]
There were 216 transactions totaling $490 million filed in New York City records in the 24 hours before 4 p.m. on Friday, July 31. 🏆Commercial: The biggest commercial sale to hit records was in East New York, where a seven-story, 116,500-square-foot office medical building at 101 Pennsylvania Avenue traded for $89.9 million. The buyer was […]
Small and medium-sized businesses (SMBs) have plenty of uses for credit, but that does not mean they always want to borrow. That distinction is showing up across the SMB credit market, where data and quarterly earnings point to growing deliberation before businesses take on more debt. In discussing second quarter results earlier this week, LendingTree […]
NYCHA has a notorious track record as the city’s largest landlord, but Mamdani wants to “reboot” the public housing authority — and make it more of a partner to private developers. The mayor’s agenda to address New York City’s housing crisis has brought back some long dormant ideas of how the public sector can help […]
Sam Altman’s concept of “cool” seems to differ from the majority. In his X profile, he says, for instance, that “AI is cool i guess,” a statement with which many would likely disagree. He also fails to capitalize “i,” which some think is cool, but not all. And when the OpenAI CEO shared what he […]