Milhaus Receives Approval to Develop Kansas City Affordable Apartments

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Milhaus has received approval from the Missouri Housing Development Commission for Low-Income Housing Tax Credits to advance Linwood & Troost Apartments in Kansas City. The project will convert two vacant lots at 3200 Troost Ave. into a 100% affordable residential development featuring two four-story buildings with 194 units. The project marks Milhaus’s first Low-Income Housing […]

Banks Are Racing Into AI Faster Than Security Can Follow

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The Model Context Protocol, or MCP, is an open standard introduced by Anthropic in late 2024 that lets artificial intelligence (AI) agents connect to business systems the way applications call application programming interfaces (APIs) using a common interface instead a custom-built connection for each tool, PYMNTS reported. Before MCP, integrating an AI model into a […]

Eby compares condo-purchase plan to “liquidation” at below construction costs

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British Columbia Premier David Eby says a joint federal-provincial plan to convert unsold condominiums into affordable housing would be like buying something “on liquidation.”

Knack Packaging IPO shares to debut today. Here’s what GMP suggests ahead of listing

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Shares of Knack Packaging are set to make their stock market debut on the BSE and NSE on July 8 after the company’s Rs 439.5-crore initial public offering (IPO) received an overwhelming response from investors. Ahead of the listing, the grey market indicates a positive debut. The IPO is currently commanding a Grey Market Premium […]

ITR filing AY 2026-27: 5 key tax rules that intraday and F&O traders must know before filing returns

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Do you actively trade in equities? Do you know the tax liabilities required to be met? Filing income tax returns has become more detailed for individuals engaged in intraday and futures & options (F&O) trading in AY 2026-27. The latest ITR forms now require such taxpayers to make additional disclosures. Thus, it is indispensable for […]

Index Investors: Here’s Why the Next Wave of Tech IPOs Could Reshape Your Passive Strategy

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One of the most important discussions happening since the Space Exploration Technologies (SPCX 6.72%) initial public offering (IPO), and the one that’s perhaps the most relevant to the investing community, is how the IPO impacts index investors. While the SpaceX IPO was the largest in history and highly oversubscribed, there are plenty of investors out […]

8th Pay Commission: Can salaries rise by over 60%? Here’s how HRA, TA & DA proposals may boost pay for level 1 payments

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The possibility of a major salary hike under the 8th Pay Commission has generated interest among central government employees and pensioners. There are expectations in some corners of a possible 60% hike in payments, once the recommendations of the 8th Pay Commission are implemented. The projected increase is not driven solely by how high the […]

Oil climbs, bonds slide on Mideast hostilities

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Oil climbs, bonds slide on Mideast hostilities

Kusumgar’s Rs 650-crore IPO opens today; grey market points to nearly 40% listing gains

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Kusumgar, one of India’s leading engineered synthetic fabric manufacturers, is launching its Rs 650-crore Initial Public Offering (IPO) on July 8, drawing strong investor attention ahead of the subscription opening. The IPO has generated significant excitement in the grey market, where it is currently trading at a Grey Market Premium (GMP) of about Rs 166 […]

Fed proposal calls for higher threshold for BSA/AML citation

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Key insight: The Federal Reserve proposal would set a higher threshold for supervisors looking to cite banks for their Bank Secrecy Act/anti-money laundering deficiencies. Failures must be “significant or systemic” for an enforcement action to be taken. Expert quote: “I am concerned that the ‘significant or systemic’ standard may have unknown effects on the Board’s […]