Author: Lucas

Real estate investment has been a popular form of diversification over the years. One of the main perks behind real estate investment is enjoying high returns in the form of a secondary income.There are major benefits of investing in real estate like owning a property, tax savings, rental income, etc. It is also not as volatile as the equity markets. These have made real estate investments quite popular.If obtaining a second income from rents is the main aim of an investor, the question arises – which type of real estate investment is more beneficial? Residential or commercial.While both these types…

Indian Oil Corporation has reported a consolidated net profit of Rs 8,190.86 crore in the second quarter of the financial year 2025-26. Last fiscal year, the public sector company had reported a loss of Rs 448.78 crore in Q2. On a quarterly basis, Indian Oil reported a 20 per cent YoY net profit growth in the quarter. The company’s net profit in Q1 FY26 stood at Rs 6,808 crore. Indian Oil has reported a 3.94 per cent YoY revenue growth in the quarter. The company reported a consolidated revenue of Rs  2,06,447 crore from operations in Q2 FY26. In the…

MCX, the largest commodity prices exchange, has launched monthly Options contracts on the MCX iCOMDEX Bullion Index (MCX BULLDEX).The index represents the precious metals segment, including the most liquid MCX Gold and Silver Futures contracts.The Options contracts on this index will enable market participants with a risk management tool, combining the benefits of diversified underlying assets with the flexibility of Options trading.MCX BULLDEX, covering both Gold and Silver, offers balanced exposure to the bullion segment to market participants – both individual investors and institutions alike – conveniently and cost-effectively that meets both their investment and hedging requirements, said the exchange.Options…

According to CME FedWatch, there’s an 80% probability of a 25-basis-point rate cut next week, reinforcing the view that the central bank will pivot toward a more accommodative stance. “Gold dips were being bought as recently as yesterday, but the sharp jump in volatility at the highs is flashing caution,” said Tai Wong, an independent metals trader. “The market may need to consolidate before any new leg higher.” Silver Follows the Trend Silver tracked gold’s pullback, pressured by softer industrial demand and risk rebalancing. Analysts at Metals Focus noted that silver’s dual role — as both a safe-haven and industrial…

Grow your savings through these tax-free strategies (Picture: Getty Images) Making the most of the tax-free ways to invest helps ensure your money grows as much as possible, with less of a slice taken out by the taxman. Pensions and Isas (Individual Savings Accounts) both allow your money to increase without you paying tax. Pensions and Lifetime Isas (Lisas) add an extra sweetener but have more restrictions over when you can use the investments you’ve put away. The total amount you can save in these tax-free structures is generous – £20,000 per tax year in Isas and £60,000 a year…

The move will take the crude oil processing facility, currently Africa’s Largest refinery and the world’s biggest single-train refinery, the largest in the world, past India’s Jamnagar Refinery. Dangote Refinery is on course to become the world’s largest refinery, with plans to scale up capacity to 1.4 million barrels per day (bpd) from the current 650,000 bpd. The move will take the crude oil processing facility, Africa’s largest refinery and the world’s biggest single-train refinery, the largest in the world, past India’s Jamnagar Refinery, whose capacity stands at 1.2 million bpd. Dangote Refinery stated in a post on its X…

JPMorgan invests $75 million for 3% stake in Perpetua ResourcesChina’s antimony export block prompts Western supply scrambleAgnico Eagle to invest $180 million in PerpetuaOct 27 (Reuters) – Antimony and gold miner Perpetua Resources (PPTA.O), opens new tab is the first investment from JPMorgan Chase’s (JPM.N), opens new tab $1.5 trillion investment fund for U.S. national security, a move underscoring the company’s key role in producing a metal whose exports China has blocked and which is used to make bullets and other weaponry.Under the agreement, details of which were released on Monday, JPMorgan will invest $75 million of its own funds…

A fire crew remained at the scene of a blaze overnight which destroyed almost all of a cottage’s thatched roof.Suffolk Fire and Rescue Service said 11 crews including some from Norfolk were called to The Street in Rickinghall at about 11:57 GMT on Sunday.Crews were stood down at 21:56 but one team remained overnight.A fire investigation is expected to be carried out. Source link

SEOUL–South Korea’s HD Hyundai Heavy Industries and U.S. military shipbuilder Huntington Ingalls have agreed to jointly build U.S. navy auxiliary ships, the South Korean shipbuilder said on Sunday. In a bid to advance cooperation in shipbuilding between the two countries, HD Hyundai and Huntington Ingalls signed a memorandum of agreement in Gyeongju, South Korea, where Asia-Pacific Economic Cooperation (APEC) events will take place throughout next week, HD Hyundai Heavy said in a statement. U.S. President Donald Trump is set to visit Gyeongju in a few days and hold summit talks with South Korean President Lee Jae Myung. Under the agreement,…

The silver in Hyderabad today is trading at ₹170 per gram and ₹1,70,000 per kilogram. The price didn’t change today and it is the same as yesterday.Many shops in Hyderabad buy and sell silver. They offer good rates to customers. If you want to invest, it is better to hold silver for the long term. You can buy it directly or trade it on the MCX (Multi Commodity Exchange).Silver prices have stayed stable this week. On October 21, the rate was ₹1,820 for 10 grams, and now it is ₹1,700. In the last 10 days, prices have moved between ₹1,700…