Saudi, Turkey, Pakistan Agree on Mutual Defence in Face of Middle East Turmoil Overview of the Mecca Joint Defence Agreement By Timour Azhari, Ariba Shahid and Tuvan Gumrukcu RIYADH/KARACHI/ANKARA, Aug 7 – Saudi Arabia, Pakistan and Turkey signed a joint defence agreement in Mecca on Friday, wedding Sunni Muslim U.S. allies alarmed at a regional…
A retired school teacher from Mysore who had deposited ₹1.33 crore in cash across bank accounts and had not filed an income tax return for assessment year (AY) 2015-16 has won his tax dispute before the Income Tax Appellate Tribunal (ITAT), Bangalore. The tribunal did not rule that the cash deposits were automatically tax-free. Instead,…
Spain Races to Identify and Bury Migrants Killed in Ceuta Border Rush Efforts to Identify Victims and Support Families By Joan Faus, Jaime Lopez and Zakia Abdennebi BARCELONA/CEUTA/RABAT, Aug 7 (Reuters) – Police and forensic scientists have drafted in extra staff to try to identify the bodies of 80 migrants found after last week’s mass…
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Foreign Portfolio Investors (FPIs) maintained their buying spree in Indian equities, investing Rs 12,921 crore in the first week of August, driven by improving macroeconomic conditions, expectations of US rate cuts, lower crude oil prices and a stable rupee. The inflow follows a Rs 20,200-crore investment in July, marking a sharp turnaround after four consecutive…
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Nationally aggregated inventory is up just 2.1% on a year-over-year basis from July 31, 2025, to July 31, 2026. While that’s up a tad from the +1.9% year-over-year pace last month, it’s decelerated significantly since last year. If…
Incorporating a property business can resolve several immediate commercial challenges, including liability management, refinancing flexibility, business continuity and the practicalities of bringing the next generation into a family enterprise. Incorporation does not, by itself, solve the longer-term succession problem, because a conventional company with a single class of ordinary shares places control, dividend income, existing…
The Fed held rates steady, but uncertainty isn’t over. Jay Lessard of Sonoran Lending says mortgage rates could ease later this year if inflation cools, though geopolitical tensions and rising Treasury yields remain key risks.https://t.co/MIUEIePz9J — Mortgage Professional America Magazine (@MPAMagazineUS) July 30, 2026 Supply shocks and the case for early action Kashkari’s…
The combined market valuation of four of the top-10 most valued firms jumped Rs 1.43 lakh crore last week, with State Bank of India emerging as the biggest gainer. Last week, the BSE benchmark Sensex climbed 404.53 points, or 0.51 per cent, and the NSE Nifty went up by 187.05 points, or 0.76 per cent….
The National Association of State Boards of Accountancy announces a new board slate; Johnson Lambert launched a new Financial & Operations Advisory practice; Kaufman Rossin named a new CIO; the Bonadio Group holds its annual Purpose Day; and other firm and personnel news from across the profession. These summaries were drafted using AI and subjected…