February 5, 2026

Australia’s Capital Gains Tax Discount to Cost $247bn Over Next Decade

Australia’s 50% capital gains tax discount will cost the budget $247bn in 10 years. Top earners gain most. Greens push Labor to reform tax and help first home buyers.

February 4, 2026

ED Seizes 8 Properties Worth ₹27.83 Crore for FEMA Violations in Dubai Investments

The Enforcement Directorate has seized eight properties valued at ₹27.83 crore linked to undeclared overseas investments and hawala funds. Investigations revealed Indian residents bought Dubai properties without RBI approval or proper banking routes.

February 4, 2026

IndiGo Cancels Most Flights in December, Over 10.4 Lakh Passengers Impacted

Flight cancellations in December affected 10.46 lakh passengers in India, with IndiGo accounting for 93% of the disruptions. Airlines paid over Rs 24 crore in compensation, reveals DGCA data.

February 4, 2026

India Raises Duty-Free Limit to ₹75,000 for UAE and International Travellers

India has increased the duty-free allowance to ₹75,000 for Indian residents and foreigners arriving from abroad, benefiting millions in the UAE and beyond. The new rules also introduce a weight-based jewelry limit and allow one laptop per passenger duty-free.

February 4, 2026

Saudi Aramco Raises $4 Billion in Multi-Tranche Bond Deal with Strong Investor Demand

Saudi Aramco completed a $4 billion bond issuance across four tranches. Priced with attractive yields, the deal highlights solid investor confidence in the oil giant amid market shifts.