Business

Reliance Industries Q4 results: Net profit up 2.4% to Rs 19,407 crore; becomes first company to cross Rs 10 lakh crore net worth

NEW DELHI: Mukesh Ambani-led Reliance Industries on Friday reported a 2.4% rise in its net profit to Rs 19,407 crore for the quarter ending in March, driven by strong performance in retail operations and resilient oil sector results despite global market challenges.The company's consolidated net profit reached Rs 19,407 crore, equivalent to Rs 14.3...

Old Indian Money-Saving Habits We Should Totally Revive in 2025

In today’s fast-paced, consumer-driven world, saving money can feel harder than ever. With endless online sales, quick delivery temptations, and financial FOMO, managing personal finance is often overwhelming. But if we pause and look back, the generations before us had some solid money-saving habits — uniquely Indian, deeply practical, and worth reviving in 2025. Here are some of those forgotten gems: 1. Bachat Galla (The Home Piggy Bank)...

How Much Emergency Fund Should You Keep, Where Should It Be Parked?

In personal finance, few things are as crucial as having a solid emergency fund. It acts as your financial safety net during unexpected life events — job loss, medical emergencies, or sudden home or vehicle repairs. But, how much should you really keep aside? And where exactly should you park this money for easy access and safety? Let’s break it down.What Is An Emergency Fund?An emergency fund is a dedicated reserve of money set aside to cover...

8 Proven Mantras For Management Graduates Transitioning To The Corporate World

By Ram Charan India is on fire—confident and youthful, it stands influential and at the centre of global attention. It is highly likely that India’s GDP will grow exponentially, from $4 trillion now to an astounding $30 to $40 trillion in the coming decades. We are entering Bharat’s golden era; its time has finally arrived. Today, the youth entering the corporate world to start their careers have the chance to shape this destiny, and in doing...

Home in Mumbai with SIP: If you had invested 20% of your salary since 2000 in SIP, could you buy your dream home in Bandra?

Would investing 20 per cent of your salary in mutual fund SIPs with 18 per cent CAGR returns have helped you buy your dream home in Bandra? Read on to find out

Why are the largest credit card companies stashing funds? Have they sensed something? Is a downturn coming?

Despite Americans' continued spending and credit card usage, major banks are bracing for potential economic turbulence. JPMorgan Chase and Citigroup are increasing their cash reserves and setting aside billions for potential loan losses, anticipating a possible recession. While consumer spending remains strong, delinquencies are rising, signaling a cautious approach from financial institutions.

Alphabet reports strong Q1 profits fueled by Cloud, AI amid antitrust challenges

Google parent Alphabet on Thursday reported profit of $34.5 billion in the recently ended quarter, powered by its cloud computing and artificial intelligence operations. Overall revenue at Alphabet grew 12 percent to $90.2 billion compared to the same period a year earlier, while revenue for the cloud unit grew 28 percent to $12.3 billion, according to the tech giant. Alphabet chief executive Sundar Pichai said the strong quarterly results...

These 5 funds offered under 0.5% expense ratio with up to 26% returns in 5 years

While investors typically focus on fund returns, manager track records, and brand reputation, the expense ratio is a critical, often overlooked factor. This annual fee, deducted by the fund house for managing investments, directly affects the Net Asset Value (NAV).

How much money do you really need for financial freedom in India? Rs 10 crore, Rs 50 crore or more?

You don't need Rs 10 crore or Rs 50 crore for financial freedom — just calculate your expenses and aim for the right amount using the 4% rule.

Love isn’t blind—at least not to debt: 5 money habits to spot in your partner

Discover five essential money habits every Indian couple should adopt before marriage. Learn how discussing spending, debt, savings, and financial priorities can ensure a secure and prosperous future together. Start building financial harmony for a happier marriage.

Sebi Introduces Changes From June 1 In the Cut-Off Timings Of Net Asset Value Calculations

SEBI's circular released on April 22 highlights some changes with regards to the cut-off time to determine the net asset value (NAV) of overnight funds. SEBI (Securities and Exchange Board of India) is a regulator of capital markets. The changes that will come into effect from June 1, 2025, concerning the overnight schemes are: A. When the applicat...

Retirement plan: Where to invest if you have a monthly pension of Rs 30,000

For senior citizens with a monthly pension, experts recommend a conservative investment approach, emphasizing options like recurring deposits, fixed deposits, and the Senior Citizen Savings Scheme. Tax-free bonds and debt mutual funds also present viable choices, offering liquidity and potential for portfolio rebalancing.

Why young investors should invest in equities

I was sitting in an airport lounge when a young woman approached me and said “I watch your YT videos, but sorry, I don’t invest in equities”. She left after a short conversation. My views on equities have changed over the past 4+ decades – it has only increased my ‘pro-equity’ stance. Thanks to late Mr. Jack Bogle (Vanguard funds) in USA, Sebi, and...

Rs 7 lakh for 60 days: MBA intern’s viral post on eye-popping stipend ignites ‘degrees don’t matter’ debate

Sakshi Jain's LinkedIn post sparked debate about the value of degrees. She met an IIM Calcutta MBA student earning ₹3.5 lakh monthly as an intern in Mumbai. This challenged her belief that degrees don't matter. The post suggests degrees hold power in certain places. It reminds people that success has multiple paths.

I'm 25 with fixed salary of Rs 12.5 LPA. I have Rs 38k monthly education loan EMI. How to plan my first investments?

Starting with a Rs 12.5 lakh fixed annual salary is a great start, but stepping into financial independence requires careful planning. Your first priority should be budgeting smartly. Next, build your emergency fund—at least 6 months’ worth of expenses saved in a liquid, accessible account. This will cushion you against any unexpected job or health shocks.

An ex-HDFC Bank employee lost on Rs 25 crore ESOP jackpot by switching job too soon. But still his 'life is good' thanks to his SIPs

Gurmeet Chadha, CIO of Complete Circle Consultants, learned a costly lesson early in his career, missing out on substantial ESOP gains. Now, he champions time and discipline in investing. Chadha highlights the completion of ten-year SIPs in both mutual funds and stocks, emphasizing that market downturns are buying opportunities.

How much income tax you will save this year with New Tax Regime? 5 smart ways to use this tax saving

Income tax saved in new tax regime: The attractiveness of the new tax regime has increased due to a hike in tax rebate under Section 87A and new income tax slabs. Many taxpayers will opt to pay tax under the new tax regime for the financial year 2025-26. With increased tax savings, here are five smart ways to use them.

Nippon India launches two new index funds targeting low volatility and quality stocks amid market uncertainty

Nippon India Mutual Fund has launched two new passive index funds, the Nifty 500 Low Volatility 50 Index Fund and the Nifty 500 Quality 50 Index Fund, to offer investors stability amidst market volatility.

6 Reasons To Choose Fixed Deposits (FDs) For Your Long-Term Financial Goals: Money Matters

Reasons To Choose Fixed Deposits (FDs): When planning for long-term financial goals, selecting the right investment option is crucial. Fixed Deposits (FDs) have long been a popular choice for individuals seeking safe and reliable returns over time. A Fixed Deposit (FD) is a type of investment offered by banks and financial institutions where you deposit a certain amount of money for a fixed period, usually ranging from a few months to several...

Gold Coin Vs Gold Jewellery: Which Is A Better Investment?

East or west, gold is the best

The sharp rise in gold prices comes at a time when global markets are under pressure due to the falling US dollar and rising uncertainty in the US economy, especially after recent statements by Donald Trump.

Poonawalla Fincorp Q4 results: Soaring expenses trigger 81% YoY plunge in PAT, NII up 12%

Poonawalla Fincorp reported an 81% YoY decline in Q4FY25 net profit to ₹62.33 crore due to a sharp rise in expenses. Despite this, the company posted double-digit growth in net interest income and a 43% surge in AUM, while maintaining stable asset quality.

Explainer | RBI's New Liquidity Coverage Ratio Norms | Impact On Banks | CNBC TV18

IDFC First Bank Q4 earnings: Dividend after 7 years? Jan-Mar 2025 quarterly results announcement date, time

IDFC First Bank Q4 earnings, dividend: After the announcement of its Q4 earnings, the lender will host earnings call with analysts and investors at 06:00 pm on the same day, wherein the senior management of the Bank will discuss the Financial Results with the participants. In a fresh filing recently, IDFC First Bank has shared a fresh update.

Countries Where the Indian Rupee Has More Buying Power

Credit score vs credit report: What’s the difference and why it matters

If you’ve ever applied for a loan, credit card, or even rented an apartment, you’ve probably come across the terms “credit score” and “credit report.” While the two are closely related, they serve very different purposes. Knowing the difference between them is crucial for making informed financial decisions and protecting your credit health. What is a credit score?A credit score is a three-digit number that reflects your creditworthiness. In...

Mumbai Tech Firm Delivers 46,740% Return In 11 Years, Turns Rs 1 Lakh Into Rs 4.72 Crore

In a market where volatility often overshadows opportunity, one unassuming IT services firm has quietly transformed small investments into multi-crore windfalls. Mumbai-based Dynacons Systems & Solutions, a company once trading at just Rs 2.50 per share, has skyrocketed over the past 11 years, delivering an astonishing return of 46,740% to long-term investors.On Thursday, April 24, shares of Dynacons were seen changing hands at Rs 1,180 apiece...

Why investors should look at tax-free bonds now

In a world where equity markets swing due to geopolitical headlines and fixed deposits (FDs) struggle to beat inflation, tax-free bonds stand out as an oasis of stability for investors. With the RBI hinting at further rate cuts, the allure of locking in tax-efficient, fixed-income returns has never been stronger. But what makes tax-free bonds — particularly those traded in the secondary market — the cornerstone of savvy portfolios? These bonds...

Why is the world so heavily invested in US Treasuries?

For many years, the US Treasuries have been known as safe and stable investments. They have been a popular choice for investors around the world, especially during times when the markets are unstable. These government bonds are trusted because they are backed by the full support of the US government. They have been a key part of many investment portfolios and have helped support the global financial system. However, changes in world...

California Overtakes Japan as World’s Fourth-Largest Economy

It's official.

India’s forex reserves rise for seventh straight week, jump $8.31 billion to $686 billion

NEW DELHI: India’s foreign exchange reserves increased by $8.31 billion to $686.145 billion for the week ended April 18, the Reserve Bank of India said on Friday.The forex kitty have shown positive growth for seven straight weeks, with the previous week ended April 11 recording an increase of $1.567 billion to $677.835 billion.The overall forex kit...

Worried About 2025 Travel Costs? Here Are 10 Budget Red Flags to Watch

Worried About 2025 Travel Costs? Here Are 10 Budget Red Flags to Watch

Gold rush 2.0: Why the world is turning to the yellow metal again

For centuries, gold has been considered the universal symbol of wealth, luxury, status, and power. From ancient civilisations to modern times, gold has served as a valuable currency while shaping economies and influencing empires; gold dates back thousands of years.

Why multi-asset investing is getting real

When you construct your investment portfolio, you want to protect your money and grow it to beat inflation. You know the value of your hard-earned money because you got there with a considerable effort. You have made sacrifices to save money and worked harder to make more money. Letting it go to inflation or factors that are not in your control can...

Bank of Maharashtra Dividend 2025: Cash reward in Q4 results by PSU - Stock price is under Rs 50

Bank of Maharashtra Dividend, Bank of Maharashtra Q4 Results 2025: Bank of Maharashtra today, April 25 reported its earnings for the quarter ended March 31, 2025. The PSU also announced a dividend for its shareholders. Bank of Maharashtra Dividend has proposed 15 per cent i.e. Rs 1.50 dividend per equity share for the financial year 2024-25.

Kotak Mahindra Bank slashes savings account interest rates; here's how to make your money work harder

Kotak Mahindra Bank is the latest bank to cut savings account interest rates by 25 basis points, effective from April 25, 2025.

Owning a house is significant goal, but dealing with mortgage debt can be burdensome

Acquiring a home is a significant achievement in one's life journey. However, managing the accompanying mortgage debt can become a source of stress. To alleviate this burden, individuals may consider implementing strategies to pay off their home loan more rapidly.

RBI Buys Big! 57.5 Tonnes of Gold Added in FY25 - Reserves Hit 879.6 Tonnes

Reserve Bank of India(RBI) acquired 57.5 tonnes of gold. The apex bank aims to expand its reserves of safe-haven assets at a time when gold prices surged by one-third amid global financial instability. RBI's gold purchases have been notable, with the largest acquisition of 66 tonnes in 2021-22, followed by 35 tonnes in FY23 and 27 tonnes in FY24.

Financial Security For Seniors, One-Time Money & Monthly Income Solutions

As we grow older, money becomes very important. If you want to stay financially strong in old age and not ask anyone for help, you need to plan your finances now. Here are some schemes that can give you both a lump sum amount and monthly income during old age. SIP+SWP Strategy SIP (Systematic Investment Plan) and SWP (Systematic Withdrawal Plan) ca...

Bitcoin Surpasses Google, Amazon, Meta In Market Cap; Becomes 5th-Largest Asset Globally: Report

Bitcoin briefly overtook tech heavyweights like Google, Amazon, and Meta to become the world’s fifth-largest asset by market capitalisation, according to CompaniesMarketCap. The world’s largest cryptocurrency Bitcoin’s total market value on Wednesday (April 23) stood at $1.86 trillion (about Rs 1.59 lakh crore), briefly edging past silver and Google’s parent company Alphabet before slipping to the 8th position on Thursday.The top four spots...

Shriram Finance Q4 Results: Profit, NII miss estimates, dragging stock 9%; dividend declared

NBFC major Shriram Finance reported its Q4 results on April 25, posting a consolidated net profit of ₹2,139.4 crore, slightly below CNBC-TV18’s estimate of ₹2,142.9 crore. However, this marked a 9.9% growth year-on-year.Net interest income (NII) also missed the Street’s projection of ₹5,878.1 crore, but rose 9.4% YoY to ₹5,565.5 crore.Asset quality saw a sequential improvement, with gross non-performing asset (NPA) ratio reducing to 4.55% from...

Sensex zooms 800 pts from day's low, Nifty above 24,100: Three key reasons behind sharp market recovery

Benchmark equity indices Sensex and Nifty staged a strong rebound in afternoon trade on Friday, recovering sharply from early losses on positive global cues and foreign fund inflows. The rebound helped investors shrug off concerns around escalating India-Pak tensions. The Sensex bounced back 850.4 points from the day’s low to hit 79,456.21 around 2:30 PM, while the broader NSE Nifty rose 258 points to reclaim the 24,100 mark, to 24,109.15....

Top 10 College Degrees That Produce the Most Millionaires

In this Web Story, we explore the top 10 college degrees that produce the most millionaires. From Engineering to Medicine, discover the degrees that pave the way for high-paying careers and entrepreneurial success.

It's not your salary, but your savings that make you a millionaire, says Vijay Kedia

High salaries may look impressive on paper, but they don’t guarantee wealth. What truly matters is how much you save — not how much you earn, says veteran investor Vijay Kedia.

Google Search revenue continues to show double-digit growth; over 1.5 billion new users added monthly in AI Overviews

Alphabet does not issue Guidance reports, making it unclear how its business was affected by President Trump's tariff rollout and the changing economic environment.

I landed the best paying job I’ve ever had, I had good credit and everything was falling into place, but then I made a major financial mistake. Now what?

Many people get complacent and make major financial mistakes under the assumption that their stable job and solid credit will always protect them. We look at how to get on the road from ruin to recovery.

Want to reach Rs 2 crore in 15 years? Here's what investors need to save in 2025

Manish Jaiswal sought expert advice on ET Now's The Money Show to enhance his retirement portfolio, aiming for Rs 1.5 crore in 15 years through SIPs. Financial advisor Nisreen Mamaji validated his fund choices and suggested diversifying his investments into specific funds to potentially reach Rs 1.

Is money ruining your marriage? Study shows the nuances of monetary beliefs and relationship satisfaction

Monetary beliefs play a big role in determining happiness in marriage.

Bill Gates net worth in April 2025: Investments, philanthropy, and financial breakdown

As of April 2025, Bill Gates' net worth stands at $104.6 billion, ranking him #14 globally, despite significant philanthropic contributions. His wealth is now largely managed through Cascade Investment LLC, with holdings diversified across various sectors. Gates remains a prominent figure in global discussions on climate change, pandemic preparedness, and education equity, exerting influence through philanthropy and technology.

What happens when women take the financial lead? New book Money & Her has some answers

Money and Her by Lisa Pallavi Barbora explores women’s evolving relationship with money through intimate stories of resilience, identity, and financial agency. Blending memoir with practical advice, the book captures the emotional and strategic aspects of financial independence, urging open conversations and thoughtful decision-making across life stages.