Corcept president Sean Maduck sells $2.86m in stock

The clouds hanging over Indian equities may be beginning to clear, but Motilal Oswal Private Wealth (MOPW) is not turning outright bullish on the market. Instead, the wealth manager is sticking with its 50% allocation to mid- and small-cap equities, arguing that the risk-reward in the broader market has improved as foreign selling eases, earnings…

OpenAI Chief Executive Officer (CEO) Sam Altman has reignited the global debate around artificial intelligence (AI) after saying the world has already entered the “AI singularity”- a concept that experts have debated for decades. Speaking on the Relentless podcast, Altman said, “We are now, like, in the singularity,” suggesting that AI is no longer just…

The Internal Revenue Service has created a new Office of Conservation Easements and plans to make changes in the process for settling disputed claims for the sometimes lucrative tax breaks. Processing Content The IRS has cracked down on the tax break for landowners who set aside part of their property for conservation purposes, particularly when…

Mumbai: Overseas investors remained net buyers across sectors in the first half of July, marking a second consecutive fortnight of inflows and the strongest purchase since early February, according to NSDL data. Consumer services, including e-commerce and hotels, attracted the highest foreign buying during the period, followed by metals and mining and healthcare. In contrast,…

A new compliance process for lower or nil tax deduction certificates has come into effect from 1 April 2026. Taxpayers who obtain such a certificate through Form No. 128 may need to generate separate child certificates for the people or organisations making payments to them. The process is part of the revamped TRACES system under…