Latest news with #KTF
Local Germany
06-08-2025
- Business
- Local Germany
Why gas bills in Germany are set to get cheaper
Introduced during the energy crisis in 2022, Germany's gas storage surcharge ( Gasspeicherumlage ), has significantly increased energy costs to both households and businesses over approximately the last two and a half years. Under a new plan set for cabinet approval, the federal government will take over the €3.4 billion annual expense associated with filling gas storage facilities, meaning that companies and consumers will no longer pay the surcharge directly. How much will you save? For a typical four-person household, the move should translate into savings of between €30 and €60 per year, depending on gas consumption levels, according to media reports. Individual or two-person households can expect some, if smaller, savings on their gas bills. For larger industrial customers, the surcharge had accounted for about 5 percent of their gas bills. Household electricity taxes remain The abolition of the gas storage levy is part of a push by the federal government to curb energy prices for both households and businesses. However, some other key promises along those lines have already been scrapped. Despite previous commitments made in the black-red coalition agreement - between the conservative Christian Union parties (CDU/CSU) and the centre-left Social Democrats (SPD) - a cut to the electricity tax for all consumers has been scrapped . Advertisement Instead, the government has limited a reduction in the electricity tax to the manufacturing sector, starting in 2026. Within parliament, however, members from both governing parties continue to advocate for a broader electricity tax reduction. Sepp Müller, deputy leader of the CDU/CSU parliamentary group, told Funke reporters that realizing the necessary savings in a federal budget should be possible. READ ALSO: Kitas and Deutschlandticket - What Germany plans to spend money on in 2026 Nina Scheer, energy policy spokesperson for the SPD parliamentary group, echoed these calls: 'The coalition agreement still provides for an immediate reduction in electricity tax for everyone to the European minimum level.' Criticism from environmental campaigners To finance the off-setting of the gas storage surcharge, the government intends to use funds from the Climate and Transformation Fund (KTF), a special government budget primarily earmarked for climate initiatives and modernization efforts. The decision has sparked criticism, notably from the Green Party, which argues that allocating KTF funds to subsidise the costs of fossil fuel infrastructure effectively undermines Germany's climate policy goals. "A restructuring of the KTF to promote relief for fossil gas takes the goal of the fund ad absurdum," said Katrin Uhlig, KTF rapporteur for the Greens, according to a report by Correctiv. Conservatives had agreed to earmark €100 billion for "climate and transformation projects" in order to gain the support of the Greens for a massive €500 billion fund for infrastructure and development that they pushed through parliament earlier this year. Use of the funds to subsidize gas prices is particularly egregious from a climate perspective. The climate damage of gas is often underestimated. "Natural gas" is primarily methane, which is about 80 times more harmful to the climate than CO2 in the short term.
Time of India
23-06-2025
- Time of India
Police foil ‘murder plot' by Khalistan group chief
New Delhi: intercepted an arms consignment allegedly belonging to Khalistan Tiger Force (KTF) chief Arsh Dala, foiling a potential targeted murder plot. The weapons were procured to carry out a shooting incident in Delhi-NCR on Dala's orders, sources claimed. Tired of too many ads? go ad free now Ekamjot Singh Sandhu, a key member of the gang, was arrested with four semi-automatic pistols and three spare magazines. According to DCP southeast (II) Aishwarya Sharma, officers from the special task force led by ACP Daleep and inspector Shiv Kumar conducted a raid based on a tip-off and apprehended Sandhu at the bus stand near ESI Hospital in Okhla. Four pistols—two of .30 bore and two of .32 bore—were recovered from him. The investigation revealed that Sandhu was procuring firearms from Madhya Pradesh-based suppliers and supplying them to Paramjeet Singh alias Pamma Bhikhi, a key member of the Arsh Dala gang in Punjab. The gang has a fierce rivalry with the Lawrence Bishnoi gang, resulting in several killings in Delhi, Punjab and other states. Sandhu belongs to Mansa, Punjab. Police are interrogating him to identify other members of the gang and uncover the forward and backward linkages of arms trafficking in the case. Dala took over the reins of KTF after Hardeep Nijjar's killing by unidentified men. He has been on the 'most-wanted' list of India since he orchestrated the murder of a Hindu man in Delhi in Dec 2022. Dala, wanted for multiple criminal offences in India, fled to Canada in July 2020. He has been linked to multiple heinous crimes such as murder, extortion and targeted killings, with more than 20 FIRs registered against him. He first came on the radar of Indian agencies after his role came to the fore in the murders of two Dera Sacha Sauda followers in 2020 and 2021. In Jan 2023, Dala was declared a designated terrorist by the Union home ministry.
Yahoo
09-06-2025
- Business
- Yahoo
DWS Municipal Income Trust Declares Monthly Distribution
NEW YORK, June 09, 2025--(BUSINESS WIRE)--DWS Municipal Income Trust (KTF) (the "Fund") announced today its regular June monthly distribution. Details are as follows: Declaration – 06/09/2025 Ex-Date – 06/20/2025 Record – 6/20/2025 Payable – 06/30/2025 Fund Ticker Distribution Per Share Prior Distribution Per Share DWS Municipal Income Trust KTF $0.0610 $0.0610 The Fund intends to distribute all or substantially all of its net investment income each year through its regular monthly distributions and to distribute any realized capital gains at least annually. In addition, in any monthly period, to maintain its declared per common share distribution amount, the Fund may distribute more or less than its net investment income during the period. In the event the Fund distributes more than its net investment income during any yearly period, such distributions may also include realized gains and/or a return of capital. When distributions exceed total return performance, the difference will reduce the Fund's net asset value. It is estimated that a portion of the Fund's June distribution consists of a return of capital. A return of capital may occur, for example, when some or all of a shareholder's investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect a fund's investment performance and should not be confused with "yield" or "income." Shareholders should not draw any conclusions about the Fund's investment performance from the amount of its monthly distribution. As required by Federal securities laws, the Fund will issue a notice to its common shareholders in connection with its monthly distribution that contains information about the amount and estimated sources of the distribution and other related information. The final determination of the source and tax status of all distributions paid in 2025 will be made after the end of 2025 and will be provided on Form 1099-DIV. Important Information DWS Municipal Income Trust. Bond investments are subject to interest-rate, credit, liquidity and market risks to varying degrees. When interest rates rise, bond prices generally fall. Credit risk refers to the ability of an issuer to make timely payments of principal and interest. Municipal securities are subject to the risk that litigation, legislation or other political events, local business or economic conditions or the bankruptcy of the issuer could have a significant effect on an issuer's ability to make payments of principal and/or interest. The market for municipal bonds may be less liquid than for taxable bonds, and there may be less information available on the financial condition of issuers of municipal securities than for public corporations. Investing in derivatives entails special risks relating to liquidity, leverage and credit that may reduce returns and/or increase volatility. Leverage results in additional risks and can magnify the effect of any gains or losses. Although the Fund seeks income that is exempt from federal income taxes, a portion of the Fund's distributions may be subject to federal, state and local taxes, including the alternative minimum tax. Closed-end funds, unlike open-end funds, are not continuously offered. There is a one-time public offering and once issued, shares of closed-end funds are bought and sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to the net asset value. The price of a fund's shares is determined by a number of factors, several of which are beyond the control of the fund. Therefore, the fund cannot predict whether its shares will trade at, below or above net asset value. Past performance is no guarantee of future results. This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction. Certain statements contained in this release may be forward-looking in nature. These include all statements relating to plans, expectations, and other statements that are not historical facts and typically use words like "expect," "anticipate," "believe," "intend," "estimated" and similar expressions. Such statements represent management's current beliefs, based upon information available at the time the statements are made, with regard to the matters addressed. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Management does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. The following factors, among others, could cause actual results to differ materially from forward-looking statements: (i) the effects of adverse changes in market and economic conditions; (ii) legal and regulatory developments; and (iii) other additional risks and uncertainties, including public health crises (including the pandemic spread of viruses), war, terrorism, trade disputes and related geopolitical events. War, terrorism, sanctions, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and, in the future, may lead to significant disruptions in US and world economies and markets, which may lead to increased market volatility and may have significant adverse effects on the Fund and its investments. NOT FDIC/ NCUA INSURED • MAY LOSE VALUE • NO BANK GUARANTEENOT A DEPOSIT • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY DWS Distributors, Inc.222 South Riverside PlazaChicago, IL Tel (800) 621-1148© 2025 DWS Group GmbH & Co. KGaA. All rights reserved. The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc. which offers investment products or DWS Investment Management Americas, Inc. and RREEF America L.L.C. which offer advisory services. (R-106217-1) (06/25) View source version on Contacts For additional information: DWS Press Office (212) 454-4500Shareholder Account Information (800) 294-4366 DWS Closed-End Funds (800) 621-1148 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
India Today
15-05-2025
- India Today
Extortion gang busted in Delhi, 8 trained shooters with Khalistani links arrested
Delhi Police's Crime Branch has busted a major extortion gang linked to Khalistani elements and arrested eight trained shooters of the Gurjant Singh alias Junta gang. According to the police, these shooters operate on instructions from their handlers based in Canada, carrying out shootings and issuing threats as Commissioner of Police Sanjay Sen said that recently, shooters arrived on a motorcycle and opened fire outside a businessman's house in Anand Vihar. Soon after, a call demanding Rs 5 crore came from a UK-based number. The businessman was under security cover at the time of the incident, and security personnel were present inside the catch the culprits, Sen formed a 10-member team. The team scanned footage from around 200 CCTV cameras in the area and traced the motorcycle used in the the investigation, police found that Gurjant Singh alias Junta Lahoria was behind the firing incident. Gurjant, who is currently abroad, is running his gang remotely. He is the brother of notorious gangster Jaspreet Jassi. Both Jaspreet and his associate Bhullar were killed in an encounter in Kolkata in 2021 by Punjab Police and the West Bengal their deaths, Gurjant took over the gang's operations. He moved to Australia and then to Canada, from where he continues to operate. Reports suggest he has aligned himself with Khalistani groups in Canada and is said to be close to Arsh Dalla of the Khalistan Tiger Force (KTF). Dalla assumed leadership of KTF after the killing of Hardeep Singh to Delhi Police, Gurjant initially targeted businessmen in Punjab but has recently shifted focus to Delhi. He has established a dedicated extortion gang that does not hesitate to fire outside victims' homes to intimidate the Crime Branch has prevented the gang from establishing a base in Delhi, their links to pro-Khalistani outfits are a matter of concern. Police are investigating whether any understanding exists between the gang and such outfits, and if Arsh Dalla is leveraging Gurjant's network for his own police recovered five pistols and 70 live cartridges from the accused.
Associated Press
07-02-2025
- Business
- Associated Press
DWS Municipal Income Trust Declares Monthly Distribution
NEW YORK--(BUSINESS WIRE)--Feb 7, 2025-- DWS Municipal Income Trust (KTF) (the 'Fund') announced today its regular February monthly distribution. Details are as follows: Declaration – 2/07/2025 Ex-Date – 02/20/2025 Record – 02/20/2025 Payable – 02/28/2025 The Fund intends to distribute all or substantially all of its net investment income each year through its regular monthly distributions and to distribute any realized capital gains at least annually. In addition, in any monthly period, to maintain its declared per common share distribution amount, the Fund may distribute more or less than its net investment income during the period. In the event the Fund distributes more than its net investment income during any yearly period, such distributions may also include realized gains and/or a return of capital. When distributions exceed total return performance, the difference will reduce the Fund's net asset value. It is estimated that a portion of the Fund's February distribution consists of a return of capital. A return of capital may occur, for example, when some or all of a shareholder's investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect a fund's investment performance and should not be confused with 'yield' or 'income.' Shareholders should not draw any conclusions about the Fund's investment performance from the amount of its monthly distribution. As required by Federal securities laws, the Fund will issue a notice to its common shareholders in connection with its monthly distribution that contains information about the amount and estimated sources of the distribution and other related information. The final determination of the source and tax status of all distributions paid in 2025 will be made after the end of 2025 and will be provided on Form 1099-DIV. Important Information DWS Municipal Income Trust. Bond investments are subject to interest-rate, credit, liquidity and market risks to varying degrees. When interest rates rise, bond prices generally fall. Credit risk refers to the ability of an issuer to make timely payments of principal and interest. Municipal securities are subject to the risk that litigation, legislation or other political events, local business or economic conditions or the bankruptcy of the issuer could have a significant effect on an issuer's ability to make payments of principal and/or interest. The market for municipal bonds may be less liquid than for taxable bonds, and there may be less information available on the financial condition of issuers of municipal securities than for public corporations. Investing in derivatives entails special risks relating to liquidity, leverage and credit that may reduce returns and/or increase volatility. Leverage results in additional risks and can magnify the effect of any gains or losses. Although the Fund seeks income that is exempt from federal income taxes, a portion of the Fund's distributions may be subject to federal, state and local taxes, including the alternative minimum tax. Closed-end funds, unlike open-end funds, are not continuously offered. There is a one-time public offering and once issued, shares of closed-end funds are bought and sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to the net asset value. The price of a fund's shares is determined by a number of factors, several of which are beyond the control of the fund. Therefore, the fund cannot predict whether its shares will trade at, below or above net asset value. Past performance is no guarantee of future results. This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction. Certain statements contained in this release may be forward-looking in nature. These include all statements relating to plans, expectations, and other statements that are not historical facts and typically use words like 'expect,' 'anticipate,' 'believe,' 'intend,' 'estimated' and similar expressions. Such statements represent management's current beliefs, based upon information available at the time the statements are made, with regard to the matters addressed. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Management does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. The following factors, among others, could cause actual results to differ materially from forward-looking statements: (i) the effects of adverse changes in market and economic conditions; (ii) legal and regulatory developments; and (iii) other additional risks and uncertainties, including public health crises (including the pandemic spread of viruses), war, terrorism, trade disputes and related geopolitical events. War, terrorism, sanctions, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and, in the future, may lead to significant disruptions in US and world economies and markets, which may lead to increased market volatility and may have significant adverse effects on the Fund and its investments. NOT FDIC/ NCUA INSURED • MAY LOSE VALUE • NO BANK GUARANTEE NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY DWS Distributors, Inc. 222 South Riverside Plaza 222 South Riverside Plaza Chicago, IL 60606-5808 Tel (800) 621-1148 © 2025 DWS Group GmbH & Co. KGaA. All rights reserved. The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc. which offers investment products or DWS Investment Management Americas, Inc. and RREEF America L.L.C. which offer advisory services. (R-104572- 1) (02/25) View source version on CONTACT: For additional information: DWS Press Office (212) 454-4500 Shareholder Account Information (800) 294-4366 DWS Closed-End Funds (800) 349-4281 SOURCE: DWS Municipal Income Trust Copyright Business Wire 2025. PUB: 02/07/2025 04:35 PM/DISC: 02/07/2025 04:35 PM
