IMD forecasts week-long rain in Shimla, Dehradun; Delhi to see light showers

Gold Rate Today, July 28 Check 18, 22 and 24 carat gold prices in Chennai, Mumbai, Delhi, Kolkata and other cities

UK PM Rules Out Stamp Duty Changes in Upcoming Budget

UK Prime Minister Andy Burnham has confirmed that no changes to stamp duty will be introduced in the next Budget. This means homebuyers and investors should not expect any tax relief on property transactions in the near term. The government instead plans to focus on other fiscal priorities. Burnham also hinted at possible tax increases to sustain public spending levels. Stamp duty has historically been a significant source of revenue for the UK government.

Microsoft seeks UK Supreme Court appeal after losing £270m software resale case

Microsoft is pursuing permission to appeal to the UK Supreme Court following a £270 million ruling in favour of software reseller ValueLicensing. The Competition Appeal Tribunal ruled in 2025 that reselling Microsoft's perpetual on-premise licences did not constitute copyright infringement. The Court of Appeal upheld that decision on July 7, with judges drawing parallels to the 2012 UsedSoft ruling that previously went against Oracle. A partial stay has been granted, allowing disclosure applications to continue, with a related hearing anticipated in September.

Rising Costs and Ride Apps Make Urban Car Ownership a Tough Financial Call

Growing car ownership expenses and the expanding availability of app-based ride services are prompting urban residents to reconsider buying a personal vehicle. The combined costs of purchasing, maintaining, and operating a car in a city have increased significantly in recent years. Meanwhile, platforms offering on-demand mobility have become more reliable and widespread, providing a practical alternative. This shift is leading many city dwellers to weigh whether owning a car still offers financial value over using shared or app-based transport options.