The Budget proposes a significantly expanded Safe Harbour regime for IT services, with a uniform safe harbour margin of 15.5% and an enhanced threshold that rises from ₹300 crore to ₹2,000 crore. Earlier differences between KPO, BPO, and other services often led to classification issues, especially for diversified and larger GCCs.
SHANGHAI: China stocks drifted lower in thin trading on Friday ahead of a week-long holiday, while Hong Kong shares sank as an overnight slide on Wall Street soured the sentiment.China’s blue-chip CSI300 Index lost 0.8% by the lunch break, while the Shanghai Composite Index fell 0.7%.In Hong Kong, Hang Seng dropped nearly 2% to a one-week low.Many have left trading rooms for the nine-day Chinese Lunar New Year festival that starts on February 15.Mainland markets will be shut next week, while Hong Kong will be closed from Tuesday.Trading typically thins ahead of the Spring Festival holiday, but the stock market has held “at a relatively high level” without pulling back, Topsperity Securities said in a report, concluding that a strengthening yuan is lending support.The yuan is set for its longest weekly winning streak in 13 years, aided by a weak dollar and resilient Chinese exports.China’s consumer-related stocks rose as investors bet they will likely benefit from holiday spending.Chipmakers also gained as investors expect more Chinese breakthroughs in artificial intelligence.The mainland market was also anchored by signs of improvement in Sino-US relations after the Trump administration shelved several key tech security measures aimed at Beijing ahead of an April meeting between the two countries’ presidents.But sentiment in Hong Kong was spoiled after major US stock indexes fell sharply on Thursday as technology shares slid and investors were cautious ahead of US inflation data on Friday.Most sectors fell in Hong Kong.Material stocks tumbled as gold and silver prices slumped again.Energy stocks also dropped sharply as oil prices sank.
Muthoot Finance shares fell over 12% on NSE and BSE amid gold price volatility despite strong Q3FY26 results. Motilal Oswal maintains Neutral rating, but increases target price
HO CHI MINH CITY, Vietnam, Feb. 13, 2026 /PRNewswire/ -- On February 9, Jemmia Joint Stock Company was honored to welcome Dr. Bader Almatrooshi, Ambassador Extraordinary and Plenipotentiary of the United Arab Emirates (UAE) to Vietnam, together with representatives of the UAE Embassy, for an official visit and working session at Jemmia's headquarters in Ho Chi Minh City. Dr. Bader Almatrooshi is widely recognized for his important contributions to strengthening the UAE's diplomatic and economic engagement with Asian countries, particularly in key sectors such as trade, energy, technology, and sustainable development. His visit to Jemmia is regarded as a positive milestone, reinforcing bilateral dialogue and supporting Vietnamese enterprises in accessing the UAE market more effectively in 2026.Why Jemmia?The UAE Ambassador's decision to visit Jemmia reflects a strong foundation of collaboration established over recent years. Jemmia has actively participated in and co-organized multiple Vietnam - UAE trade promotion initiatives in partnership with DMCC, one of the UAE's leading free trade hubs. These efforts have included economic forums and connectivity events attended by the UAE Ambassador, contributing to deeper mutual understanding and cooperation. In addition, Jemmia is recognized as a trusted provider of high-standard diamonds in Vietnam, offering products that are officially imported, fully compliant, and transparent in origin. Jemmia's diamonds belong to a quality segment approaching the top 2% globally, serving as an important basis for continued engagement and dialogue with the UAE Embassy.Jemmia as a Bridge Between the UAE and Vietnamese EnterprisesWithin the framework of the visit, Jemmia hosted an open dialogue session designed to foster direct trade exchange between Vietnamese businesses and the UAE Embassy. Enterprises from a wide range of sectors - including real estate, agriculture, coffee, robotics, high technology, renewable energy, and education - had the opportunity to share cooperation needs, explore market potential, and discuss challenges in expanding internationally.Mr. Lam Ngoc Cuong, CEO of Jemmia, stated:"With a clear vision to serve as a bridge, Jemmia is not only committed to delivering internationally certified diamonds to Vietnamese consumers, but also proactively bringing reputable global partners closer to Vietnam's business community. Through this, we aim to unlock new collaboration opportunities with the UAE market in 2026 for both Jemmia and the broader 'Friends of Jemmia' ecosystem."Showcasing Vietnamese Cultural Identity Through DialogueAlongside its role in trade connectivity, Jemmia remains dedicated to honoring and promoting Vietnamese cultural values as part of its international engagement strategy. The dialogue was hosted in Jemmia's cultural tea space, thoughtfully designed in traditional Vietnamese style. Featuring tea introduced as the "Quốc Tộ Chi Hương," the setting created an open and respectful atmosphere while highlighting Vietnam's cultural sophistication and hospitality.Jemmia believes that cultural identity is an essential element of international cooperation, helping build trust, long-term relationships, and deeper connections beyond business transactions.Advancing Jemmia's Definition of "Prosperity Diamonds"The visit of Dr. Bader Almatrooshi represents a meaningful milestone in further shaping Jemmia's concept of "Prosperity Diamonds." Beyond exceptional quality, transparency, and full legal compliance, this definition expands to encompass sustainable development, international partnership-building, and shared prosperity for enterprises and the wider community.Through initiatives such as this Vietnam-UAE trade connectivity dialogue, Jemmia continues to position itself not only as a high-end diamond brand, but also as an active platform for business exchange, cultural diplomacy, and cross-border collaboration.The event reaffirmed Jemmia's long-term commitment to supporting Vietnam's business ecosystem in reaching global markets, particularly in strategic regions such as the Middle East, where opportunities for trade and investment are rapidly growing.
Major cryptocurrencies remained under pressure as weak sentiment and broader market volatility continued to weigh on digital assets, extending a period of subdued performance and limited buying interest. Bitcoin was trading around $66,300, extending its recent decline amid persistent selling pressure and cautious risk appetite. The cryptocurrency had fallen to around $65,000 on Thursday, highlighting [...]
BitcoinWorldGold Price Stages Remarkable Recovery, Nears $5,000 Milestone Ahead of Critical US Inflation ReportLONDON, March 11, 2025 – The gold market demonstrates remarkable resilience this week. After touching a significant weekly low, the precious metal has staged a powerful recovery. Consequently, prices now climb back toward the psychologically important $5,000 per ounce threshold. This surge occurs as global investors anxiously await the latest US Consumer Price Index (CPI) [...]This post Gold Price Stages Remarkable Recovery, Nears $5,000 Milestone Ahead of Critical US Inflation Report first appeared on BitcoinWorld.
There could be 30%+ upside for investors with this one.The post Bell Potter just initiated coverage on this exciting ASX All Ords stock with a buy rating appeared first on The Motley Fool Australia.
Horizon Minerals has boosted its gold inventory by 6.5 per cent to 1.88 million ounces after reworking cut-off grades, with higher gold prices pulling previously marginal tonnes into the economic envelope.
SHANGHAI: China’s yuan dipped on Friday, but is set for a 12th week of gains in its longest winning streak in 13 years, as exporters rushed to bring home receipts from booming trade ahead of the Lunar New Year.Some analysts also see the rising yuan and China’s buoyant stock market feeding each other, but say the central bank has enough tools up its sleeves to forestall the currency appreciating too quickly.The onshore yuan changed hands at 6.9068 per dollar around noon, slightly weaker than the previous session’s close of 6.9033. The dollar index rebounded 0.03% in Asian trade.For the week, the yuan has gained roughly 0.4% in its best weekly performance this year.It also marked the longest run of weekly gains since late 2012.The recent spurt, which sent the yuan to its firmest level in 33 months on Thursday, was partly fueled by seasonal dollar selling, but the People’s Bank of China (PBOC) appears not in a hurry to step into the market directly, Caitong Securities said in a note.History shows that the PBOC “has a rich toolkit, and can act with precision and restraint to easily cope with possible overshooting.”Reflecting its intention to slow the pace of yuan appreciation, the PBOC set the daily guidance rate at 6.9398 per dollar, 350 pips weaker than Reuters estimate.The spot yuan is allowed to trade a maximum of 2% either side of the fixed midpoint each day.Topsperity Securities said that the yuan’s strength is also lending support to Chinese stocks. Trading typically thins ahead of the Spring Festival holiday, but the stock market has held at a relatively high level “without pulling back”, the brokerage said in a report.“The recent strength in yuan’s exchange rate is contributing to the stock market resilience.”
Gabelli Growth Innovators ETF (NYSEARCA:GGRW – Get Free Report) dropped 1.6% during trading on Thursday . The stock traded as low as $33.94 and last traded at $33.94. Approximately 1,227 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 1,594 shares. The stock had previously closed at $34.50. [...]
Planet Green Holdings Corp. (NYSEAMERICAN:PLAG – Get Free Report)’s share price dropped 12.9% during trading on Thursday . The company traded as low as $3.32 and last traded at $3.39. Approximately 29,921 shares were traded during trading, a decline of 88% from the average daily volume of 251,218 shares. The stock had previously closed at [...]
Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP – Get Free Report) traded down 0.1% during mid-day trading on Thursday . The company traded as low as $38.83 and last traded at $38.83. 11,749 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 11,357 shares. The [...]