Author: FinSiddhi

Chinese aluminum stocks rise as Norsk Hydro cuts Brazil output

Celsius Resources faces court battle over mining stake auction

Byline Bancorp 10% owner sells $11.7 million in common stock

Everpure CVO John Colgrove sells $22.56m in stock

Zenith Energy exceeds solar development target, raises goal to 240 MWp

Bravura Solutions posts 9.6% revenue growth, announces buyback

Australia shares lower at close of trade; S&P/ASX 200 down 0.45%

US Treasury yields pared gains as hopes for a U.S.-Iran agreement faded after Tehran indicated the Strait of Hormuz would remain closed unless Washington met its demands. Markets are now awaiting July CPI data for clues on Federal Reserve policy, with any upside surprise potentially putting renewed pressure on Treasury yields.

The 50% presumptive taxation rule for professionals largely continues under the new Income-tax Act. However, Section 58(4) introduces a wider restriction on deductions and losses against presumptive income. Here is what professionals need to know before filing their returns.

Chinese stocks edged higher as technology shares led gains, helping offset investor caution over geopolitical tensions and the upcoming US inflation data. Improving technology sentiment and greater clarity around China’s policy environment supported the mainland market, while Hong Kong stocks declined. Investors now await US inflation data for clues on the Federal Reserve’s rate path…