Author: Charlotte

The government has imposed a fixed VAT structure for the jewellery sector, taxing gold and platinum at Tk 2,500 per bhori, silver at Tk 100 per bhori, and diamonds at Tk 2,500 per gramme.The new rates were imposed under the revised Finance Bill passed in parliament on Monday by voice vote, replacing the earlier 5 percent VAT that applied uniformly to gold, diamonds and silver.The revision follows pushback from the Bangladesh Jewellers Association (Bajus).Finance Minister Amir Khosru Mahmud Chowdhury had originally proposed a flat Tk 2,500 per bhori on both gold and silver.However, Bajus objected, arguing this taxed silver, a…

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Having a liquidity management plan is table stakes for institutional investors. These plans are meant to be long-term and take into account all sorts of changes in macro, micro and market conditions. However, even the best planning only goes so far.Market dynamics are shifting rapidly, and institutional investors are refocusing on liquidity to ensure that they will be able to meet short-term and long-term needs.Trade-Offs or Missed Opportunities?One area in which liquidity issues are acute is private equity. A years-long slowdown in exits is now impacting investors across the board. Without expected distributions, some investors may find that they are…

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Investing.com– Gold prices steadied in early Asian trade on Thursday as markets awaited key U.S. labor data for more cues on interest rates amid growing expectations for a hike this year.  Bullion hovered above its weakest levels for the year, after logging its worst quarterly drop in 13 years in the June quarter.  rose 0.3% to $4,043.23 an ounce by 20:40 ET (00:40 GMT), while fell 0.7% to $4,054.67/oz.  Get more insights on gold prices and interest rates by subscribing to InvestingPro While the yellow metal did recover after sliding below $4,000/oz on Wednesday, gains were limited by persistent concerns over…

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Right now, Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are the two juggernauts of the crypto world. Together, they have a combined market cap of $1.4 trillion. That’s 70% of the entire value of the crypto market. However, the recent shakeout in the crypto market could clear the way for new altcoins to take over as market leaders. The one I’m keeping my eye on is XRP (CRYPTO: XRP). Within the next few years, it might be worth more than the combined market caps of Bitcoin and Ethereum today. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009,…

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Credit: Mimi Phan | Anatoliy Man/Shutterstock Ideas Made to Matter Data Mar 11, 2026 4 minute read What you’ll learn: The integrity of U.S. statistical data is under threat from shrinking agency budgets, low response rates to government surveys, and political interference.The change may cause policymakers to misjudge the economy’s health, investors to lose confidence in the reliability of the data, and the public to disengage from participating in official measures altogether.Private-sector data can be used to complement official statistics but can’t serve as a full substitute.    Capturing the complexity of the U.S. economy is a formidable task. Accurate data…

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High-speed trader AlphaGrep Securities Pvt.’s asset management unit will offer algorithmic-driven trading strategies to India’s retail investors, according to a top executive, pitting it against the likes of Jio BlackRock Asset Management Pvt. for a slice of the nearly $900 billion mutual fund industry.Over the next 18 months, AlphaGrep Investment Management Pvt plans to unveil about half a dozen mutual funds, Chief Executive Officer Bhautik Ambani told a press conference Tuesday. On July 6, it will launch the first fund, a dynamically managed multi-asset fund investing across equities, fixed income and commodities.“The space we are looking to enter is active…

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FireFly Metals Ltd (ASX:FFM, TSX:FFM, OTC:FFMFF) has delivered another strong batch of drilling results from the Green Bay Copper-Gold Project in Newfoundland and Labrador, Canada, with assays reinforcing the continuity and grade of the project’s high-grade core zone. The latest results, including 42 metres at 6.1% copper equivalent (CuEq) and 51.5 metres at 4.9% CuEq, will be incorporated into an updated resource model underpinning economic studies for the potential upscaled restart of mining at Green Bay. High-grade core strengthens early production case FireFly’s infill drilling continued to demonstrate broad, high-grade copper-gold mineralisation across the convergent core zone, where upper volcanogenic massive…

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Bitcoin ($BTC) has logged a weekly candle below its crucial 200-week moving average (WMA) for the first time since October 2023. The break below the 200-week moving average, which is historically regarded as the ultimate “line in the sand” separating structural bull markets from prolonged crypto winters, unleashed massive volatility. It has forced more than $320 million in leveraged long liquidations within a 24-hour window. Permabulls view this rare technical event as a generational buying opportunity, but there are still some concerts about a deeper capitulation phase. The 200-week line During Bitcoin’s 17-year history, sustained weekly closes below the 200-week…

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Investor demand of $92.5M for its SBIC-focused fund, $27.5M for its private equity secondary fund, and $16.5M for its senior credit opportunity. Altera owners committed $40.0M across the three investments alongside investors. As a firm, Altera has partnered with roughly 50 GPs and has exposure to 1,000+ lower market businesses, private loans, and properties. ATLANTA, July 01, 2026–(BUSINESS WIRE)–Altera, an alternative asset manager that focuses on the lower market and invests across multiple asset classes, simultaneously held a closing on three unique investment strategies totaling $136.5M in capital commitments: $92.5M flagship Small Business Investment Company (“SBIC”) strategy $27.5M private equity…

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