Author: Lucas

Srinagar, Nov 22: Police in Jammu and Kashmir’s Pulwama district on Saturday attached the property of a terror handler operating from Pakistan-occupied Kashmir, officials said.Police attached the immovable property at Syedabad Pastoona in the Tral area of the south Kashmir district, a police spokesperson said.He said the property belongs to Jammu and Kashmir National Operating from Pakistan and Pakistan-Occupied Jammu and Kashmir (JKNOP) identified as Mubashir Ahmad, a resident of Syedabad Pastoona in Tral.The property was identified during the course of investigation and inquiries conducted by the police, the spokesperson said.He said Ahmad has been actively involved in promoting and…

The momentum investing strategy of buying stocks that have shown the strongest and most recent upward price momentum has continued to deliver stellar returns in 2024, especially for investors piling into leading artificial intelligence (AI) and technology names. However, market experts caution that these dizzying gains may not be sustainable and a momentum crash could be on the horizon. Momentum Kings of 2024: Tech Dominates The first quarter of 2024 saw several high-flying stocks notch massive gains, leading major market indices to new all-time highs. Chip maker Nvidia, a key enabler of advanced AI systems, has been one of the…

Summary: The International Financial Services Centres Authority (“IFSCA”) has proposed a new regulatory framework allowing Alternative Investment Funds (“AIFs”) in GIFT IFSC to create multiple unit classes with differential return profiles. The proposal facilitates AIFs with enhanced flexibility to raise capital from investors with varying risk appetites while also enabling blended finance structures that combine commercial, concessional, and philanthropic capital for sustainable investments. IFSCA’s proposed approach offers notably greater flexibility compared to SEBI’s domestic regulations, thereby enabling broader investor participation while maintaining robust investor protection measures.  The International Financial Services Centres Authority (“IFSCA”) published a consultation paper on October 22, 2025[1] (“Consultation…

When Storm Éowyn tore through the UK in January 2025, record-breaking winds of more than 100 miles an hour ripped off roofs, crippled transport networks and left tens of thousands of people without power for days.This winter, many of us will be bracing ourselves for more extreme weather. So far this autumn, we’ve seen three named storms batter Britain, with a major incident declared in South Wales last week after Storm Claudia led to severe flooding.You’d expect a comprehensive home insurance policy to help those in the path of destruction, yet figures from the Financial Conduct Authority (FCA) show that…

For centuries, gold has been a sought-after commodity. Ever since the first gold coin was minted in the sixth century BC, the precious metal’s enduring appeal has been that it can store wealth and be transported and sold anywhere. These days, it’s more of a safe haven asset for investors looking to shelter from market volatility and economic instability. Gold doesn’t glitter for everyone, though. Notable billionaire investor Warren Buffet has previously claimed that gold is not useful, simply because it can’t generate income like stocks or bonds do. “If you own one ounce of gold for an eternity, you…

The stock has surged this year. Have investors missed out if they haven’t already bought into the growth story?Shares of Alphabet (GOOGL +3.50%) (GOOG +3.26%) have been on a powerful run this year, and the climb accelerated after Berkshire Hathaway disclosed a multibillion-dollar stake on Nov. 14. The filing showed Alphabet as Berkshire’s newest large holding, and the stock jumped as investors digested the news. As of this writing, the shares are up sharply in 2025 and now sit near record highs. Alphabet is best known for its search and advertising business, along with YouTube and a fast-growing cloud computing platform.…

DRIVERS have been warned to do an urgent check after a car and van insurance firm with 16,000 customers went bust. Premier Insurance Company Ltd collapsed into administration last month. Sign up for the Money newsletter Thank you! The insurance company will stop covering all customers from December 1Credit: Getty In an update issued this week, the watchdog warned customers to urgently find new insurance policies to avoid future claims not being covered. Customers will no longer be covered from December 1, the Financial Conduct Authority (FCA) said on Thursday – meaning thousands have less than two weeks to get…

A 28-point US peace plan, hatched during “secret” talks, has been presented to Volodymyr Zelenskyy. According to Reuters, he’s under pressure to agree to a framework, or face consequences. Source link

The word ‘risk’ often conjures images of reckless behaviour – scaling scaffolding after a few too many, driving without a seatbelt, or leaving one’s home unsecured. Yet, when applied to our finances, many instinctively recoil, fearing the loss of hard-earned savings. However, a reluctance to embrace financial risk can, paradoxically, become a significant gamble in itself. To demystify this complex landscape, James Bulman, director and financial planner at Smith & Pinching, sheds light on the true nature of financial risk, how people can identify their optimal risk tolerance, and the diverse investment avenues available. Many individuals struggle to differentiate between…

Ballance Agri-Nutrients is winding down its manufacturing operations at its Hewletts Rd, Mount Maunganui site. Photo / NZME The harbourside marae, built in 1873, is surrounded by Mount Maunganui’s industrial zone, centred on the Port of Tauranga.Whareroa environmental spokesman Joel Ngātuere said the marae community welcomed Ballance’s decision.Ngātuere acknowledged the “difficulties and stresses” faced by affected Ballance staff and their families.“Some of these are our family and friends, so we understand the stress this has created for a number of people.”However, Ngātuere said Ballance and other heavy industry operators in the Mount Maunganui airshed should “never have been allowed to…