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In response to a variety of factors including shifting interest rates, looming inflation, and fluctuating economic growth, family offices globally are making the most significant changes in strategic asset allocation seen in recent years. This comes as part of a broader strategy to navigate geopolitical issues and adjust to regional investment predilections. UBS, the Swiss …

Amid Rising Geopolitical Tensions, Family Offices Revise Asset Allocations Read More »

The Kerala High Court has declared that education loan applications cannot be dismissed solely on the grounds of a low CIBIL (Credit Information Bureau Limited) score. Justice P.V. Kunhikrishnan emphasized the importance of a humanitarian approach by banks when considering loan applications, recognizing students as the future builders of the nation. The ruling came in …

Kerala High Court Rules Education Loans Cannot Be Rejected Based on Low Credit Scores Read More »

In a significant ruling on Wednesday, the Supreme Court directed the Delhi police to ensure the protection of a 20-year-old woman who expressed fears for her safety due to threats posed by her own family members. The case, brought before the vacation bench consisting of Justice Bela Trivedi and Justice Prashant Kumar Mishra, centered around …

Supreme Court Safeguards 20-Year-Old Woman from Family Threats Read More »

The Supreme Court, in a recent ruling, upheld its authority to delete unnecessary parties in Public Interest Litigations (PILs), emphasizing the court’s discretionary powers in issuing notices to relevant parties. The decision came as the court dismissed a plea challenging an interim order by the Uttarakhand High Court, which had removed certain respondents from the …

Supreme Court Affirms Authority to Remove Unnecessary Parties in PILs, Citing Discretionary Powers Read More »

As the global emerging markets debt crisis continues to escalate, a proposed bill in New York State has garnered attention from both debt justice campaigners and financial institutions. Senate Bill S4747, known as the NY Taxpayer and International Debt Crises Protection Act, aims to support international debt relief initiatives for developing countries by introducing limits …

New York State Law Raises Eyebrows on Wall Street Amid Emerging Markets Debt Crisis Read More »

In a groundbreaking move, a federal judge in Texas has mandated that attorneys appearing before him must sign a pledge affirming that their legal filings were drafted by humans and not solely by artificial intelligence (AI) tools. U.S. District Judge Brantley Starr of the Northern District of Texas issued the requirement on Tuesday, in what …

Federal Judge Requires Lawyers to Certify Human Drafting in Response to AI-generated Filings Read More »

WASHINGTON – Two additional members of the far-right Oath Keepers militia group are poised to be sentenced on Thursday for their involvement in seditious conspiracy and other crimes stemming from the January 6, 2021, assault on the U.S. Capitol by fervent supporters of then-President Donald Trump. Federal prosecutors have requested that U.S. District Judge Amit …

Far-Right Oath Keepers Members Set to Face Sentencing for Sedition in US Capitol Attack Read More »

Dubai-based Tabby, a prominent player in the buy now, pay later sector, has recently secured an impressive $350 million in a debt financing round, spearheaded by Partners For Growth (PFG), a leading American investment firm. The substantial injection of funds is poised to drive Tabby’s ambitious growth initiatives and cement its position as a key …

Tabby, Dubai-Based Buy Now, Pay Later Startup, Raises $350 Million in Debt Financing to Propel Growth Read More »

DUBAI — In a move aimed at enhancing its tourism sector, the United Arab Emirates (UAE) has recently implemented a groundbreaking change to its entry permit procedures, enabling tourists visiting on a 30 or 60-day visit visa to extend their stay within the country for an additional 30 days. The decision, initiated by the Federal …

UAE Introduces New Visa Policy Allowing Tourists to Extend Stay from Within the Country Read More »

The United Arab Emirates (UAE) Ministry of Finance (MoF) has recently unveiled two significant decisions that outline the key aspects of the corporate tax framework concerning juridical persons operating within the country’s free zones. These developments, including Cabinet Decision No. 55 of 2023 on Determining Qualifying Income and Ministerial Decision No. 139 of 2023 on …

UAE Introduces New Decisions on Corporate Tax Regulations for Free Zones Read More »