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DA hike: Tax on salary component, 8th Pay Commission timeline
Stocks5d ago

DA hike: Tax on salary component, 8th Pay Commission timeline

The 2% DA hike effective Jan 2026 is fully taxable. The 8th Pay Commission may recommend changes by 2027. Implementation could take until 2029-2030.

Nigeria SEC Proposes Local Registration, ₦2B Capital for Crypto Exchanges
Crypto5d ago

Nigeria SEC Proposes Local Registration, ₦2B Capital for Crypto Exchanges

Nigeria's SEC proposes that crypto exchanges serving Nigerian users register locally with ₦2B capital, cold storage mandates, and tiered stablecoin reserves. Comments due Sept. 3.

Nigeria SEC Proposes ₦2B Minimum Capital for Crypto Exchanges
Crypto5d ago

Nigeria SEC Proposes ₦2B Minimum Capital for Crypto Exchanges

Offshore crypto firms serving Nigerians would need local registration, ₦2B capital for exchanges, and tiered stablecoin reserves under SEC proposal.

SEBI reviews rules on use of IPO funds, related-party deals
Stocks5d ago

SEBI reviews rules on use of IPO funds, related-party deals

SEBI Chairman Tuhin Kanta Pandey said the regulator wants timelier, higher-quality disclosures on how companies spend raised funds, and clearer rules on related-party transactions.

Kazakhstan Vote Cements Tokayev’s Grip as Economic Strain Risks Unrest
Stocks5d ago

Kazakhstan Vote Cements Tokayev’s Grip as Economic Strain Risks Unrest

Kazakhstan votes Sunday in a parliamentary election expected to cement President Tokayev's power after a constitutional overhaul that won 87% support.

Foreign Bill Sales Taper as Stablecoin Reserve Role Grows
Crypto5d ago

Foreign Bill Sales Taper as Stablecoin Reserve Role Grows

Foreign investors sold $29 billion in Treasury bills in June while buying stocks. The decline in short-term government debt demand comes as stablecoin issuers hold over $100 billion in bills, pushing Washington to formalize their role in debt markets.

BlackRock led record crypto ETF week with $1.87B in inflows
Crypto5d ago

BlackRock led record crypto ETF week with $1.87B in inflows

BlackRock bought $1.87B in Bitcoin and Ether ETFs last week, driving U.S. spot crypto ETF inflows to $2.6B, the strongest week since October 2025.

Xero Wins Canstar's 2026 Most Satisfied Customers Award
Macro5d ago

Xero Wins Canstar's 2026 Most Satisfied Customers Award

Xero topped Canstar's 2026 customer satisfaction survey for small business accounting software in Australia, scoring highest across all five categories in a user poll.

SIP Inflows Hit ₹31,961 Crore Record, Small Savers Quietly Exit
Stocks5d ago

SIP Inflows Hit ₹31,961 Crore Record, Small Savers Quietly Exit

July's ₹31,961 crore SIP record is the fifth straight month above ₹30,000 crore, but accounts investing ₹500–₹1,000 fell by 1.4 million in the past year, leaving the funnel choked at the narrow end.

Nigeria reform group warns stability must become growth
Stocks5d ago

Nigeria reform group warns stability must become growth

Nigeria's CPPE backs government reforms but warns gains must translate into productivity and jobs as petrol prices rose from N185 to N1,400 per litre.

Gold's 5% Weekly Surge Sets Up Jackson Hole, PCE Test
Commodities5d ago

Gold's 5% Weekly Surge Sets Up Jackson Hole, PCE Test

Gold surged 5% last week on softer yields and Treasury buyback news. This week's PCE data and Jackson Hole speech by Fed Chair Warsh will test whether the rally extends or profit-taking caps gains.

Torrent Pharma, Biocon, Diamond Power top MF buys in July
Stocks5d ago

Torrent Pharma, Biocon, Diamond Power top MF buys in July

Fund managers bought Torrent Pharma shares worth ₹7,014 crore in July. Biocon topped mid-cap buys at ₹3,234 crore, and Diamond Power led small-caps with ₹1,605 crore.

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