Money

Jhunjhunwala family, Madhu Kela queue up to pick ICICI Prudential AMC stake ahead of IPO

ICICI Prudential Asset Management Company's mega IPO has attracted 26 marquee investors, including the Jhunjhunwala family and top HNI investor Madhu Kela. In a pre-IPO round, UK's Prudential Corporation has divested 4.5% stake for Rs 4,900 crore at the upper end of the price band at Rs 2,165 per share.

Vijay Kedia doubles money in 1 year, but this time investment isn't in a hidden smallcap stock

Ace investor Vijay Kedia has doubled his money in a year—not through a smallcap multibagger, but via a silver ETF as the metal hit record highs. Despite the windfall, he’s keeping his precious metals allocation limited, citing long historical cycles of underperformance. Silver’s rally, driven by supply deficits and rising industrial demand, marks a rare shift in Kedia’s stock-focused strategy.

Rs 2 Lakh Lump Sum Investment: What It Can Grow Into In 10, 15 And 20 Years

Even smaller amounts invested two or three times a year can significantly enhance the growth of your portfolio, acting as an extra boost for your wealth.

10 inventions that completely transformed how you save, spend and grow money

₹0.05 to ₹29.80: Multibagger penny stock turns ₹1 lakh into ₹5.96 crore in five years

On Friday, the multibagger penny stock rallied as much as 5% to ₹29.80 on BSE. The penny stock has more than quadruped its investors wealth by surging nearly 59,500% in last five years.

Yes Bank shares edge higher after block deal; key details and technical outlook

In a significant strategic move, Sumitomo Mitsui Banking Corporation (SMBC) completed the acquisition of a 20 per cent stake in YES Bank on September 17, 2025. SMBC subsequently increased its holding by 4.22 per cent, bringing its total stake in the bank to 24.22 per cent, strengthening its position as a key stakeholder.

SIP boom vs debt surge: Is India’s middle class getting richer or over-leveraged?

India's middle class is embracing SIPs, with record contributions flowing into mutual funds. However, this financial sophistication masks a growing reliance on debt, as liabilities outpace asset growth. Many families are using credit to fund lifestyles and investments, creating a fragile financial situation despite the SIP boom.

UAE Central Bank cuts rates again, making mortgages and car loans cheaper in 2026

The UAE Central Bank has lowered its base rate by 0.25 percentage points, aligning with the US Federal Reserve's move to maintain the Dirham's peg. This policy easing aims to support economic growth, making borrowing cheaper for individuals and potentially boosting the real estate market.

Gold-silver ratio in India at 68! What does it signal about gold, silver rates in the near term?

With the gold-silver ratio in India at 68, experts predict potential corrections but maintain a positive outlook for both metals. Demand for silver is surging due to industrial use, while gold's support remains from central bank buying. What does this mean for investors?

High stakes, high pay: 9 law specialisations with high earning potential

Some areas of law offer high stakes and even higher rewards. With fields like corporate law, technology, and healthcare, these specialisations not only challenge top solicitors but also deliver impressive financial rewards. Here’s a look at 9 high-paying paths in law.

How newlyweds can avoid money conflicts with five simple financial planning steps

Money trouble in a new marriage rarely starts with something dramatic. It starts with tiny things. One person feels the other is spending “too much” on weekends. A credit card bill appears that nobody had spoken about. A parent asks for help and the other partner hears about it only when the transfer is done. None of this means the relationship is weak. It usually just means the money side of the marriage has been left to run on guesswork....

US Fed cuts rates for third time in a row: What it means for your money

The US Federal Reserve reduced its key interest rate for the third time in a row on Wednesday. It also signalled that it may leave rates unchanged in the coming months.

India’s financial inclusion and your money

It is that time of the year when you can review your finances. The year gone by was led by factors around a challenging global environment disrupted by trade disputes and wars. Amidst that, India's growth is like an oasis. While foreigners may not fancy Indian equities for now, they still hold a sizeable chunk of India's market capitalisation. The ...

How to get a free £200 in time for Christmas by switching bank account

Two banks are offering current account switching deals which would see a cash bonus land before Christmas.

PM Modi initiates 'Your Money, Your Right' campaign: Reclaim Rs 1 lakh crore in forgotten assets – here's how

Prime Minister Narendra Modi is addressing a significant issue concerning over Rs 1 lakh crore in unclaimed financial assets in India, including savings, insurance payouts, and investment returns.

US bonds rally as Fed's imminent T-bill purchases ease funding strains

U.S. Treasuries rallied Thursday after the Federal Reserve's less hawkish outlook and announcement of imminent Treasury bill purchases. The Fed's move, larger and earlier than expected, aims to ease money market strain. This, coupled with a dovish tone from Chair Powell, reinforced expectations of future rate cuts, pushing bond yields lower across the curve.

Gold erases losses after Fed cuts interest rates with dissent

Bond yields and the dollar pushed lower after the rate decision, helping lifting bullion by as much as 0.3%.

Wall Street indexes rally after Fed cuts interest rates

Wall Street surged Wednesday as the Federal Reserve delivered a widely anticipated quarter-point rate cut. Investors are now anticipating further easing, despite the central bank signaling a pause. Fed Chair Powell's comments on labor market risks fueled optimism for future rate reductions, boosting stocks and pushing Treasury yields lower.

Attar vs oud: What’s the real difference?

Attar and oud aren’t the same thing at all. They’re connected, sure, but they differ in how they’re made, how they smell, and how they’re used. Let’s break it down in a simple, friendly way - so the next time you buy perfume, you’ll know exactly what magic you’re paying for.

ICICI Prudential AMC IPO: A Rs 1 lakh crore price tag seeks to dethrone market leader HDFC. Will investors pay?

ICICI Prudential AMC’s IPO, valuing the company at Rs 1.07 lakh crore, puts it nearly level with HDFC AMC, reflecting its rise as a co-leader in India’s fast-growing asset management industry. With the largest equity AUM, rapid profit growth and an unmatched distribution network, the fund house commands premium valuations. But rich pricing, tighter Sebi rules and intensifying competition leave little margin for error.

Broking will remain 'strong core' but lending, other businesses growing as well, says Angel One CEO

Angel One’s core will continue to be its brokerage business despite regulatory headwinds hitting revenue, CEO Ambarish Kenghe has told Moneycontrol, adding the changes have pushed the company to lay the ground for lending and wealth management verticals. "You will see that broking may continue to remain a strong core but we are sowing the seeds for other businesses. We are starting to see other things rise. When we look at a five-ten-year...

Bank of India raises Rs 2,500 crore via 10-year Tier-2 bonds at 7.28% coupon

State-owned lender, Bank of India on December 10 raised Rs 2,500 crore through Tier-II bonds maturing in 10-year at a coupon rate of 7.28 percent, market sources said. The bonds have received 4 bids with a cumulative value of Rs 2,280 crore at 7.27 percent coupon, 4 bids with a cumulative value of Rs 2,655 crore at 7.28 percent, 4 bids with a cumulative value of Rs 3,055 crore at 7.29 percent, 8 bids with a cumulative value of Rs 3,562 crore at...

Top 3 investments that will save you $100+ every month

Saving money doesn’t have to be complicated, and this video breaks down the top three investments that can immediately cut over $100 from your monthly expenses. Each option is explained in simple terms so you can see exactly how it pays off over time. The focus is on practical upgrades that reduce bills without sacrificing comfort or convenience. You’ll learn how small changes can lead to big financial wins. It’s a straightforward guide to smarter spending and long-term savings.

I paid off £85k of debt by getting money-savvy – here are my 13 golden rules

Trump stimulus check update: When will $2000 tariff payments arrive? Latest here

Despite Trump's promise of the new $2,000 stimulus or tariff dividend checks remain far from certain.

Kaun Banega Crorepati 17: Contestant Hina Waghela incorrectly answers the Rs 12,50,000 question; takes home Rs 5 lakh

Rollover contestant Sachin Aggarwal won Rs 7,50,000 on Kaun Banega Crorepati 17 after quitting before a challenging question. Hina Waghela, a primary school teacher, then joined the hot seat, impressing host Amitabh Bachchan with her jovial nature and aspirations to support her family. She ultimately took home Rs 5,00,000.

Delhi police bust illegal currency exchange, recover Rs 3.5 crore in demonetised notes; 4 arrested

Decovered demonetised currency notes of Rs 500 and Rs 1,000 with a face value of more than Rs 3.5 crore and arrested four men allegedly involved in an illegal exchange racket, officials said on Wednesday. According to police, a team from PP WPIA conducted a raid near Shalimar Bagh Metro Station Gate No. 4 based on secret information and apprehended four accused: Harsh (22), Tek Chand Thakur (39), Lakshya (28) and Vipin Kumar (38). Two vehicles...

Dollar slides as Fed dents hawks, markets eye two more rate cuts

The US dollar weakened on Thursday following the Federal Reserve's policy meeting. Investors anticipated a more hawkish stance but received a dovish outlook instead. This led to increased confidence in shorting the dollar, with expectations of two more rate cuts next year. The euro and sterling saw gains against the dollar.

Newly-listed Meesho shares up for 2nd day, rise up to 4% as firm invests Rs 2,890 crore in marketplace unit

The shares of Meesho rose up to 4 percent on December 11, a day after they made a strong debut on stock markets. This comes as the company announced an investment of Rs 2,890 crore through a rights issue. The shares of the company rose to Rs 176.75 apiece in the early trading hours of Thursday. Meesho to invest in subsidiary through rights issue:Meesho in an exchange filing released on December 10 announced that the company will invest up to Rs...

Wealth Builders: Five Best Alternatives To Fixed Deposits for Indian Investors

Real Estate Investment Trusts (REITs), Public Provident Fund (PPF) and debt mutual funds are some of the alternatives to investing in FDs.

Need for RBI to support bond market via OMO purchases may be more, says Citi India | Outlook 2026

US Fed FOMC meeting outcome: Jerome Powell cuts rates by 25 basis points to 3.50-3.75%

US Fed FOMC Meeting Outcome: The last top-line data the Fed received on inflation and jobs, its two main areas of concern, was for September, when the unemployment rate rose slightly to 4.4%, and the central bank's preferred measure of inflation was at 2.8% versus its 2% target.​​

Meesho surges over 50% on listing day: What investors should watch out for next

A 50 percent listing pop has put Meesho in the spotlight, yet the real question now is whether its cost edge and logistics scale can hold as the value-ecommerce battle intensifies.

Rupee sees sharp fall, hits record low of 90.47 against US dollar

Indian rupee hit a fresh record low of 90.47 against US Dollar on December 11. The rupee weakened 0.5% to 90.47 against the US Dollar, as of 1:40 pm, eclipsing its previous all-time low of 90.42 hit on December 4. The rupee is on course for its worst yearly fall since 2022 as the currency has borne the brunt of challenges to India's external sector ranging from weakness in portfolio flows to steep US trade tariffs on Indian exports. Asian...

RBI's bold rate cut signals growth focus as budget nears

The MPC voted unanimously for the reduction and supplemented it with liquidity support via a Rs 1 lakh crore OMO purchase and a $5-billion rupee-dollar swap over three years.

How are Indians spending their money? Report reveals a shift towards vehicles, mobile phones & more— here's why

Indian households are shifting their spending from necessities to durable assets, such as personal goods and appliances, driven by improved financial access and increased awareness. The trend shows significant urban-rural convergence, particularly in vehicle ownership.

Gold at Rs 1.5 lakh in 2026: Kotak forecasts prices entering new orbit on rate cuts, dollar risks

"Gold is entering a 'higher-for-longer' regime, and may scale $5,000 over the next year," Kotak Securities said.

Forex Reserves Update: India sees $1.88 billion drop as FCA declines, gold holdings increase | DETAILS

India's foreign exchange reserves declined by $1.877 billion in the week that ended November 28 to $686.227 billion, according to the latest weekly data released by the Reserve Bank of India.

Made of money! Billionaire club hits record high — here's how much their children will inherit over next 15 years

Global billionaires have reached an all-time high in 2025, with their wealth soaring to $15.8 trillion, largely driven by tech gains in AI. Despite this boom, concerns about tariffs and geopolitical tensions persist. A significant wealth transfer is also underway, with trillions set to pass to heirs in the coming years.

Rs 2-lakh lump sum: Crorepati chances in 15, 20 and 25 years

A lump sum investment of Rs 2 lakh can create significant wealth in the long run.

Explained interview | What China’s record $1 trillion trade surplus says about its economy, and the world

What does the milestone mean for global trade, and is the data all good news for China? In this interview, Lizzi C. Lee, a Fellow at the Center for China Analysis, Asia Society Policy Institute, Washington DC, explains how to read the figure.

Apple Tap to Pay feature released: How it works and which platforms support it

Apple has launched Tap to Pay on iPhone in Hong Kong, allowing merchants to accept contactless payments easily. Merchants with an iPhone 11 or newer, running the latest version of iOS, can start accepting payments using built-in NFC technology.

PPF: What Is This, Features, Interest Rates, Tax Applicability And How To Open

A Public Provident Fund (PPF) is a long-term savings scheme backed by the Indian government. It encourages small savings by offering stable returns and tax benefits. It is a popular choice for those seeking a safe, risk-free investment over time.What is the Public Provident Fund?PPF is a 15-year fixed-term savings plan introduced by the government, offering guaranteed returns that are not linked to market fluctuations.You deposit money in your...

Good money managers: Smart money moves for modern women - top 6 points

Women possess strong financial management skills but are often sidelined in critical decisions, limiting their freedom. This article provides a roadmap for women to actively participate in financial discussions, master money management basics, and leverage joint property ownership and women-specific financial products to achieve true financial independence and control their destiny.

Financial Planning For Couples: Money Habits To Build Before Marriage

Marriage marks the beginning of a shared journey, where financial understanding is just as important as emotional connection. Clarity on day-to-day money habits strengthens a marriage and sets the foundation for trust. Couples today want transparency, balance, and fewer surprises. To support that goal, here are some simple habits that can make routine money decisions easier and help both partners feel more secure. Be honest about your financial...

A simple 5-step financial plan that actually works

Financial success requires five simple steps: term insurance for earners, family health coverage, NPS for retirement, children's savings schemes, and a six-month emergency fund. These basics cover 99% of financial planning.

How much money does a YouTuber make after getting the golden play button?

YouTube is not just for watching videos anymore. It has become a big way for people to earn money and get fame. Every day, millions of creators upload videos, and many of them earn a good income from it. When a channel grows, YouTube also gives Creator Awards. A Golden Play Button comes when a channel reaches 1 million subscribers. But many people wonder how much a creator earns after getting this golden button. Here is a simple explanation of...

Keeping too much cash at home? You may face this much penalty under new tax rules

India has made its income tax rules around cash transactions much stricter, leaving many people unsure about what is allowed. To clear this confusion, investment banker Sarthak Ahuja explained the new changes in simple terms. He said that the government is now focusing on stopping unaccounted cash found during searches and the fines can be very high if someone cannot explain the money at home. He shared that unexplained cash can attract a tax...

Numerology horoscope, December 11, 2025: Number wise money predictions for 1 to 9

Daily Numerology for 11 December 2025 offers personalised financial guidance for each number from 1 to 9. Today’s predictions highlight money flow, investment choices, opportunities and caution for different birth numbers. Number 1 (People born on 1, 10, 19 and 28 of any month)Ganesha says today is an extremely auspicious day from a financial perspective. You will experience new energy and motivation in your financial plans today. Your hard work...

India’s mutual fund penetration to double, marking one of the biggest shifts in the country’s investment habits

New Delhi: India’s mutual fund penetration is expected to double from 10 per cent to 20 per cent over the next decade -- marking one of the biggest shifts in the country’s investment habits, a new report said on Tuesday. This projection comes from the ‘How India Invests 2025’ report released by Bain & Company in partnership with Groww, which says t...