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Market News

Location American Market News for 8 November 2026

How a Talent War Spelled Doom for the Traditional Law Firm

Wall Street Journal - 8 Nov 2026 01:00
How a Talent War Spelled Doom for the Traditional Law Firm A record year for partner turnover helped bring down Weil Gotshal and is forcing similar firms to make changes to compete.
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PF contributions deposited late? Can the income tax department impose a penalty on your employer? ITAT clarifies ITAT Ahmedabad has deleted a ₹4.42 lakh penalty imposed on Nascent Info Technologies for misreporting income after disallowance of ₹7.16 lakh in delayed employees' PF and ESI contributions. The tribunal said disa...
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₹10 lakh in PPF vs ₹10 lakh in NSC: How do maturity periods, returns and income tax benefits compare for investors? Compare ₹10 lakh investments in PPF and NSC in November 2026. Understand their latest interest rates, maturity periods, investment limits, Section 80C deductions, taxation rules and returns to choose the right governme...
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Gold, silver prices today, 8 Nov: Check Diwali 2026 retail rate of 24K, 22K gold, 999 silver in Delhi, Mumbai, Bangalore Gold, silver prices today, 8 November: Check retail price of 18K, 22K and 24K gold and 999 Fine silver on Diwali 2026 in your cities - Ahmedabad, Bengaluru, Chennai, Coimbatore, Delhi, Hyderabad, Kolkata, and Mumbai.&nbs...
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Farmer wins ₹18.24 lakh land valuation tax dispute: How ITAT Surat relied on DVO report to grant relief A farmer secured relief in a ₹18.24 lakh land valuation tax dispute after the ITAT Surat directed the tax officer to examine the Departmental Valuation Officer's (DVO) report. Here's how the ruling could help l...
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Dont Trust the Markets Knee-Jerk Reaction to the Midterms

Wall Street Journal - 8 Nov 2026 10:30
Dont Trust the Markets Knee-Jerk Reaction to the Midterms There are usually good reasons for politically driven trades. Yet they often prove catastrophic once the postelection hype settles down.
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DoorDash Shareholders Arent Convinced the Company Can Take On Amazon Following Instacart acquisition plans and an Amazon deal with rival Uber Eats, DoorDash stock is on sale.
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Gold near interim bottom, but World Gold Council says three conditions associated with price recovery already in place The World Gold Council believes that while gold may be nearing an interim bottom, with three historical conditions already in place, the broader economic outlook supports a possible price recovery for the precious metal....
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Diwali 2026: Beware of instant loan offers on WhatsApp and social media; 5 ways to avoid loan app scams today Fake loan apps are targeting young borrowers with instant credit offers this Diwali 2026. Know how these digital lending scams work and follow five essential precautions to protect your money, personal information and fi...
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Diwali 2026: Buying gold and silver coins online? Top 5 things to know before making purchase via e-commerce platforms Buying gold and silver coins online this Diwali 2026? Check five important factors, including purity, weight, certification, seller credentials, festive discounts, pricing and return policies before ordering gold and sil...
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Bank holidays next week: SBI, HDFC, ICICI branches will be closed on these six days between 9-15 Nov. Check RBI calendar Bank holidays next week: Check which six days public and private sector lenders including the State Bank of India and HDFC Bank will be closed for customers across different regions during the week 9-15 November. 
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8th Pay Commission: How salaries could increase at fitment factors of 2, 2.5, 3, 3.5 and 4 - Calculations explained The 8th Pay Commission completed one year on 3 November 2026, with about six months remaining before its expected report submission. Check how central government employees' basic pay could change at fitment factors o...
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Diwali gift tax rules 2026: Will gifts worth over ₹50,000 from friends attract tax on the entire amount? Expert explains Diwali gifts worth over ₹50,000 from friends can attract income tax on the entire amount. CA Swati Jain explains the ₹50,000 annual exemption, tax rules for gifts from relatives and employers, and how recipients can ...
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