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Australia hikes saving requirement for student visa, Indians likely to be hit

Australia has hiked the minimum saving requirement needed for a student visa by $3,430 to $19,576, the second increase in seven months. This will be an additional burden for Indian students seeking to study in Australia and comes amid attempts by Canberra to reduce immigration into Australia.

Google Wallet comes to India on Android phones: All the details

After ‘accidentally’ listing it on Play Store last month, Google has finally launched Google Wallet in India. The Wallet app is different from Google Pay. Google Wallet is a secure, private digital wallet on Android that gives you quick access to loyalty cards, passes, tickets, keys, or IDs that you choose to store on it. Do keep in mind that the Google Wallet app cannot be used to make any payments. For that, Google already has the popular...

New York City reigns supreme as the world’s wealthiest city; Mumbai, Delhi also in the list of top 50

In the recently published 2024 World’s Wealthiest Cities Report by international wealth migration specialists Henley & Partners in collaboration with global data intelligence firm New World Wealth, New York City retains its leading position as the world's wealthiest city. The report highlights New York City's dominance, with a staggering total wealth exceeding USD 3 trillion and a notable population of 349,500 millionaires, 744...

Basic Salary, Take Home Salary, Gross Salary and More: A Look at Basic Differences and Meaning

A quick guide to explain the fundamental distinctions among the terms related to your remuneration and their respective significances.

8 habits seen in rich and successful people

Successful and rich people often have some essential habits that help them effectively achieve their goals and desires. Here, we have got 8 such habits that can help you become wealthy and achieve success.

Toyota posts record annual net profit

Helped by a weak yen and strong hybrid vehicle sales, the Japanese giant's bottom line doubled to 4.94 trillion yen ($31.9 billion) in the year to March while revenues rose 21.4 percent to 45.1 trillion yen, also an all-time high.

Hero MotoCorp Q4 Results 2024: Two Wheeler Maker Announces Massive 2,000 pc Dividend - Check Amount And Other Details

The revenue from operations for the quarter soared to Rs 9,519 crore, reflecting a substantial 15% increase compared to Rs 8,307 crore in the corresponding period. The EBIDTA margin experienced a noteworthy improvement of 120 bps year-on-year, standing at 14.3 per cent.

Gainers and Losers: 10 stocks that moved the most on May 8

On May 8, the Sensex was down 45.46 points or 0.06 percent at 73,466.39, and the Nifty ended flat at 22,302.50. About 1,982 shares advanced, 1,659 shares declined, and 140 shares unchanged. Bharat Forge | CMP Rs 1,438 | Shares of Bharat Forge rose nearly 16 percent after the company reported robust Q4 earnings and give positive commentary on earnings for FY25. The company’s net profits rose 59.3 percent YoY to Rs 389.6 crore. Bharat Forge Chairman and MD Baba Kalyani said “At a consolidated level, we expect FY25 to be a year of growth driven by defence business, industrial casting business and continued improvement in capacity utilisation of the overseas business. The turnaround of the overseas business coupled with margin improvement in other business verticals should result in strong growth in profitability in FY25”. Paytm | CMP Rs 317.15 | Paytm stock fell 5 percent and hit lower circuit after reports indicated that Aditya Birla Finance, one of the fintech firm's key lending partners, invoked loan guarantees due to repayment defaults from customers. Other lenders such as Piramal Finance and Clix Capital also pulled the plug on their partnerships with Paytm after RBI barred Paytm Payments Bank from operations, reports said. The stock hit its all time low level during the session as well. Sonata Software | CMP Rs 544.50 | Shares of Sonata Software plunged 14 percent after the company posted weak earnings in the fourth quarter. The company’s net profit fell 3 percent YoY to Rs 110.4 crore. In QoQ basis, revenue fell by 2 percent in Constant Currency basis. Analysts said this was caused by Quant seasonality, delay in large deal closure and delay in deal ramp-up. Pidilite Industries | CMP Rs 2,814.55 | Pidilite Industries stock slumped 4 percent after the company reported a mix numbers in the quarter that ended in March. The company's consolidated net profit for the quarter rose 19.3 percent on-year to Rs 364 crore while revenue grew 7.9 percent to Rs 2,902 crore, missing street estimates. Voltas | CMP Rs 1,323.15 | Shares of Voltas fell 4 percent after its net profit for March quarter fell by 19 percent to Rs 116 crore. The EBITDA margin came in at 4.5 percent, lower by 280 basis points on-year. Morgan Stanley said that the AC segment's margins disappointed, as the project business saw continued losses. The brokerage retained its equal-weight call, with a price target of Rs 1,160 per share. IRB Infrastructure Developers | CMP Rs 67.80 | IRB Infrastructure stock gained 2 percent after the company’s net profit jumped by 45 percent YoY to Rs 188.9 crore driven by strong topline and other income. Revenue from operations grew by 27.2 percent YoY to Rs 2,061.2 crore for the quarter. Dr Reddy’s Laboratories | CMP Rs 6,053 | Shares of Dr Reddy’s Laboratories fell 3 percent as brokerages were left disappointed with lack of near term growth triggers for the company. While Dr Reddy's remains focused on biosimilars and initiatives to strengthen its business in key markets, brokerages forecasted its benefits to play out only after FY25. Dr Reddy’s Laboratories recorded a net profit of Rs 1,307 crore for the March quarter of FY24, up 36 percent from the year-ago period and also slightly above the estimated Rs 1,291 crore. SRF | CMP Rs 2,340 | SRF stock fell 3 percent after the company posted a drop in profit for the fifth quarter in a row, hurt by sustained weak demand in its mainstay chemicals business. SRF's Q4 consolidated net profit fell 24 percent on-year to Rs 422 crore, and its revenue from operations dipped 5 percent YoY to Rs 3,570 crore during the quarter under review. Indraprastha Gas | CMP Rs 452.20 | Shares of Indraprastha Gas gained 3 percent after the company reported a nine percent YoY increase in its consolidated net profit at Rs 433.29 crore for the fourth quarter of fiscal year 2023-24. The company’s total volume stood at 8.73 mmscmd (million metric standard cubic meters per day) in the quarter ending March 31, reporting a growth of six percent compared to last year. Hero Motocorp | CMP Rs 4,588 | Hero Motocorp stock jumped 2 percent after the company declared an 18 percent YoY rise in net profit to Rs 1,016 crore on the back of strong volume growth, newer product mix, softening commodity costs, and higher average selling prices (ASPs). The two-wheeler manufacturer's revenue rose 15 percent to Rs 9,519 crore in Q4FY24.

10 Degree Subjects Most Likely to Make You a Billionaire

Becoming a billionaire isn't certain, but certain college degrees can set you up for careers where you could make loads of money. Here are 10 degrees that are often connected to billionaires:

I invested most of my salary for 7 years and had enough to retire at 29. My best tips: start young, take risks and don't settle in expensive cities.

A former VP at JP Morgan shares how he was able to achieve financial freedom by 29 because of these five things.

Cryptocurrency Price Today: Bitcoin Dips Below $63,000, Ethena Becomes Top Gainer

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped below the $63,000 mark early Wednesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the reds as the overall Market Fear & Greed Index stood at 55 (Neutral) out of 100, as per CoinMarketCap data. The Ethena (ENA) token emerged as the biggest gainer of the lot, with a 24-hour jump...

World's Youngest Billionaires 2024 - LIST

The world's youngest billionaires of 2024 reflect a blend of inherited wealth and self-made success stories. While some have inherited vast fortunes from their families, others have charted their paths through entrepreneurship and innovation. These individuals not only amass immense wealth but also shape the future, underscoring the power of determination and resilience in realizing dreams.

How does divorce impact your CIBIL score? Here are 4 primary ways in which it affects your figures

Although divorce itself does not impact your credit score, or CIBIL score, credit behaviour and financial management, such as your payment history, credit utilisation, types of credit accounts, and credit inquiries, among others, may have an effect on the score.

Credit Card Bill Payment: When should you pay your credit card bill?

By paying your credit card bill on time and managing your credit responsibly, you can avoid unnecessary fees and maintain a healthy credit score.

Deepfake Scams: Scammers Use News Anchor's Face To Shill Fake Investments | Homeland

An original news bulletin of a newscaster is misused to twist the voice and promote unverified, false investments. This is to fool vulnerable users online who may think news anchors endorse these schemes. Be cautious. Be safe. Always double check where you put your hard earned money.

How women's participation in business influences the economy | Explained

Women's increasing participation in business is pivotal for economic growth, job creation, and fostering innovation, despite persistent challenges like gender bias and limited access to funding.

Berkshire’s Annual Meeting 2024: Warren Buffett Pays Tribute To Charlie Munger, Apple, AI, India

Akshaya Tritiya 2024: Why do people buy gold on this day? All that you want to know

Akshaya Tritiya 2024: Here are two mythological stories that suggest why we should buy gold on the auspicious day of Akshaya Tritiya.

Top 10 Strategies to Manage Expenses While Studying Abroad

​Managing expenses while studying abroad can be challenging, but with careful planning and strategic thinking, you can make the most of your budget. Here are the top 10 strategies to help you manage expenses effectively.​

4 Hermès Birkin collectors cracked the code to getting their hands on the coveted bag

Birkin and Kelly handbags are more than just purses to Hermès collectors. They're also investment pieces and practical accessories they use regularly.

Paytm falls for 10th day in a row to hit new all-time low, longest losing streak since listing; what's behind the crash?

Paytm's shares continue to plummet, hitting a record low of Rs. 317.15, with 10 straight sessions of losses. During this period, the stock has fallen from ₹391.35 apiece to today's closing price of ₹317, translating into a drop of nearly 19%.

I retired from Amazon at 34 and chose to settle in Canada, where I only need $1,000 a month to live well

Grigory Lukin saved most of his Amazon salary and relocation bonuses so he could retire early. He chose Canada, where it's cheaper to live well.

Why is financial independence for women important: Here are the top 5 reasons

It is becoming even more important for women to take charge of their finances, plan for future and truly work towards absolute empowerment.

Good money habits to follow for financial success in life

Learn the money habits for a fulfilling future.

Gold Rate Rises In India: Check 22 Carat Price In Your City On May 08

Gold Rate Today In India: On May 8, the cost of 10 grams of gold held firm, hovering around Rs 72,000. Pure 24-carat gold was valued at Rs 72,390 per 10 grams, with 22-carat gold maintaining its price at about Rs 66,360. In contrast, the silver market witnessed an increase, going to Rs 85,100 per kilogram.Gold rate today in India: Retail gold price on May 08Check gold rates today in different cities on May 08, 2024; (In Rs/10 grams)City22 Carat...

Met Gala hauls in record sum of more than $26 million to fund Costume Institute

The 2024 Met Gala raised more than $26 million, a record sum for the party that has become an annual gathering for mega-celebrities in fashion, film, TV, sports, music, business and more, the museum said.Monday evening’s gala, a fundraiser for the museum’s Costume Institute, was sponsored by TikTok and the fashion label Loewe. It was overseen as usual by influential Vogue editor Anna Wintour, who was joined as host by Jennifer Lopez, Bad Bunny,...

Going abroad to study? Know these insurance, banking and tax essentials

Every Indian student should know the basics of insurance, banking & taxes in their study-abroad destination.

I'm a tax lawyer who helps wealthy people move to lower their taxes — and prepare for residency audits

Wealthy people have been moving out of high-tax states like New York for cheaper locations like Florida for years. The trend isn't slowing down anytime soon.

Cryptocurrency Price Today: Bitcoin, Ethereum down 2% each in last 24 hours - check support and resistance

Cryptocurrency Price Today: Bitcoin price has cracked 2 per cent in the last 24 hours. The volume has also dropped significantly.

Oversharing To No Self Control, 5 Habits That Make You Lose Money According To Chanakya

Chanakya, recognized as Kautilya, is a known figure in the domains of political strategy, governance, and management. His notable mentorship played a pivotal role in Chandragupta Maurya’s successful overthrow of the Nanda Dynasty. In the aftermath, Chandragupta established the Maurya Dynasty, which rose to prominence in ancient India and saw emperors like Ashoka at its helm. His ideas and principles, often referred to as Chanakya Niti, provide...

Bengaluru or Mumbai? This Indian city is on ‘most millionaires in the world’ list

Singapore is fourth with 3,400 high net-worth individuals moving in the city in 2023 alone.

8 tips on building wealth

Follow these tips to become rich and wealthy.

9 tips to fly cheaper and get through airport security faster

Travel expert Lisa Niver says to fly cheaper, consider buying two one-way tickets with an airline rather than a round-trip. She also suggests staying organized to clear airport security faster.

Now I Get It: See how Gen Z became the passive-income generation

They came of working age amid crises and change, soaring inflation and cycles of job loss. They had no choice, in a sense; they also had limitless opportunity.

Peak XV-backed data & AI startup Atlan bags $105 million led by GIC, Meritech Capital

San Francisco-based Atlan has raised $105 million at a valuation of $750 million in a Series C funding round led by Singapore’s sovereign wealth fund GIC and Meritech Capital, with participation from existing investors Salesforce Ventures and Peak XV Partners.One of the startups in Peak XV's third cohort of the Surge accelerator program in 2020, the current round has brought the startup's fundraising to more than $206 million, with Insight...

BNPL startup Simpl lays off over 100 employees as part of cost-cutting measures

Buy Now Pay Later (BNPL) fintech Simpl has laid off at least 100 employees across its departments and roles, especially those in higher-paying functions like engineering and product. This comes even as the fintech's monthly cash burn has remained elevated and new user acquisitions have slowed down, according to people aware of the developments."Founder and CEO Nityanand Sharma had a brief all-hands townhall with employees today at 9 am. It...

Quant funds: Mastering the market with math

Quantitative strategies that rely on mathematical models and algorithms to make investment decisions have gained immense popularity in the West.

Six counting machines and 12 hours: ₹36.75 crore cash seized in Jharkhand's Ranchi – 10 key points

The Enforcement Directorate (ED) on Tuesday arrested state rural development minister Alamgir Alam's personal secretary Sanjiv Lal and the latter's maid Jahangir Alam after seizure of massive cash. The total seizure of cash on Tuesday was recorded at ₹36.75 crore.

Do You Keep Gold At Home? Know The Holding Limits In India To Avoid Tax Scrutiny

Gold is a favourite for Indians. Even as the precious metal touches sky-high prices, it retains its popularity as an investment avenue or for gifting purposes. However, with the upcoming income tax return filing deadlines, how much gold can you safely keep without worrying about the authorities? India doesn’t have a strict limit on overall gold ownership or even on how much gold jewellery you can keep at home. However, there are certain limits...

Is There Any Tax On Alimony You Are Paying Or Receiving? Here's The Answer

Divorces are emotionally and financially draining experiences. They involve not just the investment of time, energy, and emotions but also significant financial implications. In India, one crucial aspect of divorce proceedings is alimony, and understanding how it’s calculated and whether it’s taxable is essential. What is Alimony? Alimony refers to the financial support provided to a spouse after a divorce to help them with their maintenance,...

My11Circle And Rummy Circle Founder Bhavin Pandya On Scoring A Winning Hand In Business And Life

New Delhi, May 2 -- Fantasy gaming has had a rather slow start in a country that is obsessed with sports. But the launch of league cricket especially IPL has given the sector a much-needed boost. The market size of the industry was estimated at USD 25.44 billion in 2022 and is expected to reach USD 72.06 billion by 2030.

1000% dividend! Kingfisher maker's STRONG and FIZZY cash reward for shareholders in Q4 results

United Breweries Ltd announces dividend for FY24. The dividend will be paid on or before August 30, 2024 if approved by the shareholders. The 25the AGM of the Company will be held on Thursday, August 01, 2024.

Gold prices hold ground as traders eye Fed cues

China's central bank added 60,000 troy ounces of bullion to its reserves in April, official data showed on Tuesday, extending the period of consecutive purchases to 18 months.

8 ways to make money fast in 2024

Earn money fast in 2024: How to earn money quickly in 2024? How to earn money online and super fast? Easy ways to earn money online and offline.

Go Digit Insurance IPO: Virat Kohli, Anushka Sharma-backed Rs 1500 issue opening soon | ET NOW Exclusive

On To An Et Now Exclusive. We Learn From Reliable Sources That Go Digit General Insurance IPO Likely To Open On May 15. Prem Wasta Backed Insurance Company Is Looking At IPO Of 1500 Crore Rupees.

Simple and practical tips to grow bushy money plant in water bottles

Money plant is one of the easiest plants to grow. They do well with less watering, less sun and less space too! These qualities of the money plant make them amazing for growing in different conditions, including in water bottles.

Smriti Irani's total mutual fund investment at ₹88 lakh; SBI Magnum, DSP MF among the 7 schemes

The BJP leader invested in around seven MFs at the end of March 2024, with two midcap funds in her portfolio, according to the affidavit.

10 common money habits of self-made millionaires

​Successful millionaires capitalize on opportunities that promise financial success and security. They have certain positive habits that demonstrate financial prudence. Here we list down ten common money habits of self-made millionaires.​

Rekha Jhunjhunwala's net worth falls over ₹2,300 crore in one month because of this stock

Fall in this Tata Group stock resulted in a loss of over ₹2300 crore in Rekha Jhunjhunwala's net worth.

Byju's Introduces New Sales Model, Managers To Transition Into Mentors: Report

The cash-strapped edtech firm Byju's has substantially slashed the prices of its offerings to democratise education. The annual subscription fee for Byju's Learning App has been lowered to Rs 12,000 (including taxes) annually. At the same time, Byju's Classes and Byju's Tuition Centres (BTC) are now priced at Rs 24,000 and Rs 36,000, respectively, for a full year of classes, reported Business Standard, citing familiar sources. In a discussion...