Money

Trending:


You don't have to be a millionaire to retire before 50, accountant says. Here's how she did it.

Accountant Sonia Smith said she left the workforce and retired early with the help of a side hustle and strategic 401(k) savings.


Latest PPF interest rate: What is the Public Provident Fund interest rate?

PPF scheme helps you to begin saving by setting aside small amounts regularly to build a corpus that will meet the goals you have set for yourself.


When do you get an income tax refund?

An assessee becomes entitled to an income tax refund when the tax they have paid exceeds what they are liable to pay in a financial year


India Overtakes China In MSCI Emerging Markets Index: What It Means For Investors

India has recently surpassed China in the MSCI Emerging Markets Investable Market Index (MSCI EM IMI), with a weight of 22.27% compared to China’s 21.58%. This shift reflects India’s strong economic performance and increasing foreign investments. Analysts predict that this change could attract up to $4.5 billion in new investments into Indian equities, boosting the country's economic growth.


Wealth management and the triple multiplier effect

This growth is underpinned by the ‘Triple Multiplier Effect’ – the confluence of rising High Networth Individuals (HNI) investors, asset appreciation, and savings from incremental growth in income.


How are NRIs taxed in India after Budget 2024? A layman's guide

With the 2024 Union Budget introducing new changes in taxation, this guide will break down what NRIs need to know, using real-life examples and insights from tax experts.


Retirement planning: How to invest Rs 95 lakh PF money for a monthly income of Rs 1 lakh after retirement?

Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.


RIL to approve bonus issue on Sept 5: five things that investors must know

Shareholders will get more stock, but the value of their shareholding will not change because the price will come down. So, what does the bonus issue mean for both investors and the company?


4 essential tips for a successful career in investment banking

Investment banking offers a challenging and lucrative career path. This guide reveals the essential steps to build a successful career in this dynamic field.


Semiconductor mission may Get $10billion booster shot

ISM, a division within the Digital India Corporation tasked with furthering the country’s semiconductor manufacturing, packaging, and design capabilities was first established in 2022 with a budgetary allocation of $ 10 billion. “The second phase of ISM will be launched soon; the allocation will be around the previous phase. Two more proposals are expected to get approvals,” said an official.


₹2.80 to ₹80: Multibagger penny stock zooms 2,757% in 5 years

MIC Electronics has transformed from a penny stock to a multibagger, achieving a 2,757% rise over five years. Despite recent fluctuations, its strong performance reflects the potential and risks of penny stocks for investors.


Dollar gains after August US jobs report shows mixed signals

Dollar gains: The dollar strengthened in volatile trading on Friday following mixed US employment data for August, which revealed slower-than-expected job growth but suggested a steady deceleration in the labour market. This development likely supports the Federal Reserve’s gradual approach to interest rate cuts.According to the Labour Department’s...


This central bank is likely to remain a major buyer in the gold market

Investing.com -- Gold’s rise this year has surpassed other commodities such as oil and copper, distinguishing it in global markets. The rise in gold prices has been driven in part by central bank purchases, which have become a significant factor in...


Rupee Hits All-Time Low; Dips To 83.985 Against US Dollar

The Indian Rupee, after bravely fighting off depreciation for sometime has it an all-time low against the United States Dollar. The Indian currency dropped to the low of 83.985 against the US dollar. This means that one single dollar would amount to around Rs 83.985. The currency recovered slightly from the fall but continued to be on a trajectory ...


7 people in your life who should not know about your savings and income

Maintaining privacy about your financial status helps protect you from exploitation and ensures that your financial decisions are based on your own priorities and values, free from external pressures or expectations...


Mutual Funds: Investing ₹one lakh in this scheme at inception would have grown 8 times in 20 years

Mutual Funds: Let us suppose, an investor had invested ₹one lakh in Tata Equity PE Fund a year ago. The investment would have grown to ₹1.52 lakh now, exhibiting a 52.02 per cent growth. In three years, ₹one lakh investment would have swelled to ₹2.11 lakh by growing at 28.25 percent.


Cryptocurrency Prices on September 5: Bitcoin surges above $57,000; Ethereum and Litecoin gain up to 4%

On September 5, the cryptocurrency market experienced a modest rebound, with Bitcoin and Ethereum gaining 1.2% and 1.3%, respectively. Other major coins like Solana and Dogecoin also saw notable increases. Despite the recovery, the Fear & Greed index fell to 34, signaling cautious market sentiment.


Newsletter | Gold, Silver drop amid stronger dollar; Apple iPhone SE's potential early refresh & more

From gold and silver drop amid stronger dollar to Apple iPhone SE's potential early refresh — here are the top 11 news stories across business, global events, tech, and more#LatestNews⚡️HAL share price surges over 5% after ₹26,000 crore order win; Antique says 'attractively valued'Shares of Hindustan Aeronautics Ltd. will be in focus today after the Cabinet Committee on Security approved the procurement of 240 AL-31 FP aero-engines from the...


New credit card rules from today: Mastercard, RuPay, or Visa — Find out which network suits you best

Starting today, September 6, 2024, credit cardholders in India can choose their card network—Mastercard, RuPay, or Visa—when applying for a new card or renewing an existing one.This new flexibility comes as part of the Reserve Bank of India's (RBI) initiative to enhance customer choice and foster competition in the digital payments space.Adhil Shetty, CEO of BankBazaar.com, noted, "Choosing the right card network depends on one's personal needs...


10:1 stock split: Ex-date September 20; stock up 1638.93% in...

Stock split: A small cap stock is set to become ten times cheaper, splitting from face value Rs 10 into 10 equal units of Re 1 each. Moreover, as per BSE analytics, as of September 6, this small cap stock has gained over 5032 per cent in the last five years.


Is luxury losing its luster? How status symbols became commonplace

Luxury brands are increasingly common, raising questions about the true value of their exclusivity. Despite rising disposable incomes, spending on luxury items often lacks practical use and comes at the expense of long-term savings and financial stability.


5 Tax Saving Mistakes To Avoid

Navigating the complexities of tax-saving strategies requires diligence and awareness of available deductions and exemptions. Making informed decisions can significantly reduce tax liabilities and optimise financial planning. By being aware of these pitfalls, you can ensure you claim all the deductions and benefits you’re entitled to, saving you valuable rupees come tax season.Taxpayers have access to various provisions under the Income Tax Act,...


iPhone 16 and iPhone 16 Pro launch next week and their prices have already leaked

While fans eagerly await the official launch, leaks have already revealed the potential prices for both the Apple iPhone 16 and iPhone 16 Pro models.


Mukesh Ambani Stock: MULTIBAGGER! Rs 1 lakh to Rs 50 lakh in just 3 yrs

Mukesh Ambani Stock: India's largest conglomerate Reliance Industries had in May 2023 completed the acquisition of a controlling stake in Lotus Chocolate Company Limited for Rs 74 crore. Shares of the latter have turned multibagger delivering stellar returns to the shareholders. The stock is up 346% in just 3 months.


Nutrition For Your Wallet: Creating An Investment Diet For Your Portfolio | The Money Show | ET Now

"Nutrition For Your Wallet: Creating An Investment Diet For Your Portfolio | The Money Show | ET Now," suggests that the video is about managing your finances and making smart investment choices.#etnow #mutualfund #investment #themoneyshow #businessnews #sharemarket #businessupdate


Private credit market grows with $6 bn in deals

India's private credit market saw significant growth in the first half of 2024, with investments reaching USD 6 billion. This marks a strong performance compared to the previous year's total of USD 8.6 billion. High-value transactions in sectors like real estate and manufacturing drove this growth, with capital expenditure being a key driver.


Financial Independence: 5 best investment options with high returns in 2024

Investing is a dynamic process. Regularly revisit and adjust your investment plan to align with your evolving financial goals and risk tolerance.


Be A Millionaire Index Fund Investor (Index Funds vs. ETFs vs. Mutual Funds)

✅ Get M1* and buy stocks & ETFs automatically: https://theminoritymindset.com/m1 *This is an advertisement. Minority Mindset is a paid partner with M1. Subscribe to Market Briefs for FREE and get my daily financial newsletter: https://briefs.co/market/jaspreet ✅ Check out my products: 1. Market Briefs - Get my free financial newsletter for investors: https://briefs.co/market/jaspreet 2. Free eBook - How To Build Wealth As An Investor here: https://briefs.co/yt/build-wealth 3. Business Accounting - Does your business do over $250k/year? If yes, get a free consultation from my partner accounting firm: https://theminoritymindset.com/yt/accounting Recommended: How To Become A MILLIONAIRE: Index Fund Investing For BEGINNERS https://youtu.be/d1whZ7oBikU?si=_gCWLkVG9o8YSSB9 What Is The Minority Mindset? "The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people" ~Jaspreet Singh My recommended tools! Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube. ---------- ➤ Invest In Stocks Passively 1) 📈 M1 Finance - Buy stocks & ETFs automatically: https://theminoritymindset.com/m1 ---------- ➤ Life Insurance 2) 🛡 Policygenius - Get a free life insurance quote: https://theminoritymindset.com/policygenius ---------- ➤ Real Estate Investing Online 3) 🏠 Fundrise - Invest in real estate with as little as $10! https://theminoritymindset.com/fundrise ---------- ➤ Buy Gold Passively 4) 👑 Vaulted - Buy physical gold on autopilot: https://theminoritymindset.com/yt/vaulted ---------- Follow me: Instagram: https://www.Instagram.com/MinorityMindset Website: https://www.TheMinorityMindset.com Want More 🥑🥑? Minority Mindset Clips: https://www.youtube.com/minoritymindsetclips Minority Mindset En Español: https://www.youtube.com/minoritymindsetenespanol Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.


Do You Have Multiple PAN Cards? Here Is A Step-By-Step Guide To Surrender Duplicate PAN And Avoid Penalty

Under Section 139A of the Income Tax Act, of 1961, an individual is allowed only one PAN. Violating this provision can attract penalties as per Section 272B.


Business News LIVE Updates Today September 7, 2024: OnlyFans owner makes $1 billion in three years from dividends

Business News LIVE Updates Today: Get real-time updates on the biggest news from the world of business, stock market and more.


Rupee opens 2 paise higher at 83.95 against US dollar

The rupee rose by 2 paise to 83.95 against the US dollar in early trade on Friday, influenced by a weaker dollar overseas. Gains were limited due to rising crude oil prices, negative domestic equity markets, and foreign capital outflows. The dollar index was down 0.10%, while Brent crude was marginally up at USD 72.70 per barrel.


Forex Reserves Jump USD 2.3 Billion To Fresh Record Of USD 683.987 Billion

India's reserve position with the IMF was down by USD 58 million to USD 4.622 billion in the reporting week, the apex bank data showed.


Salim Khan Says He, Javed Akhtar Were Called 'Pagal' For Asking More Money Than Actors: 'Koi Value Nahi...'

Globally, writers are acknowledged as the backbone of any successful film, but in Indian cinema, they’ve often been underappreciated. Salim Khan and Javed Akhtar, however, defied this norm. They revolutionised the industry by demanding fees on par with the top actors, proving that a powerful script could draw in audiences just as much as a star could. They became the only writing duo to achieve star status, with their names often billed...


Gold ends lower in a highly volatile trade amid uncertainty over rate cuts

Gold rallied to test the all-time high soon after the release of the US NFP report as the number of jobs added fell short of forecast and continuing downward revision in the previous data portrayed a weakening job market, which increase the possibility of a rate cut by the US Fed.


Argentina: Cash-Strapped Province Launches Own Currency Amid Economic Woes |

In the remote province of La Rioja, Argentina, a bold economic experiment is unfolding. Facing a deep recession after federal fund cuts under President Javier Milei's government, Governor Ricardo Quintela introduced the "Chacho"—a local currency aimed at keeping the province afloat. Distributed to government employees, the Chacho is accepted by local businesses and can be exchanged for Pesos after a waiting period. While the move has temporarily boosted the local economy, concerns about its long-term viability remain. Quintela's plan reflects the province’s struggle to survive in an economy teetering on the brink, sparking debate nationwide. Watch our video to learn more.


Coin Master free spins and coins for 07 September, 2024: Earn million coins using today’s links

Coin Master is a free mobile game available on Android and iOS that combines village-building with social interaction and slot machine mechanics. Players build villages, attack others, collect cards for rewards, use pets for bonuses, and gather spins to advance. Spins can be earned passively or through events and tournaments. Redeemable links provide extra spins and coins.


Linda McMahon's Net Worth 2024, Current Income, Personal Life, Political Career and More

Linda McMahon's net worth reaches $3.2 billion in 2024 due to her significant contributions to WWE and her political career. Despite stepping down as WWE CEO in 2009, she continues earning from investments and consultancy roles. Married to Vince McMahon since 1966, Linda remains influential in both business and politics.


5 practical tips to ease the high-interest home loan burden

Securing a home loan is crucial in today's housing market but high-interest rates can be burdensome. The article provides five strategies to ease this financial strain: regularly checking interest rates, using EMI calculators...


Gold Price Falls In India: Check 24 Carat Rate In Your City On September 7

Gold Rate Today In India: On September 7, gold prices in India were around Rs 73,000 per 10 grams. The price of 24-carat gold, known for its highest purity, stood at Rs 73,020 per 10 grams. For buyers seeking jewellery, 22-carat gold, which is more durable due to its alloy composition, was priced at Rs 66,950 per 10 grams.Silver, on the other hand, also stood at Rs 84,500 per kilogram.Gold rate today in India: Retail gold price on September...


Mukesh Ambani's Reliance-Owned Stock Delivers 10,800% In Just 5 Years - Do You Have?

Mukesh Ambani's Reliance Consumer Products Limited has a 51 per cent stake in Lotus Chocolate. The acquisition was completed on May 24, 2023. Here are the details of how the share of Lotus Chocolate has given a significant return to the investors in past years.


NPS Tax Benefits: How much can salaried individuals save?

NPS Tax Benefits: For salaried professionals, NPS allows avail tax benefits under various sections of the Income Tax Act and also ensuring steady income post-retirement for long-term financial security.


Indian Thali Gets Cheaper In August: Is Food Inflation Trending Down? | Veg Vs Non-Veg | Business @9

CRISIL: The cost of a vegetarian thali has decreased by 8%, thanks to the reduced prices of tomatoes. This brings relief and suggests that food inflation may finally be stabilizing. Keep an eye on Vijay Sardana, an expert in agri businesses, and Pushan Sharma, Director of Research at CRISIL Market Intelligence and Analytics.#foodinflation #inflation #etnow #vegetableprices #foodprices #businessnews #topnews


House Property Income: What Are Its Tax Implications? Explained

The money you earn from a house, be it through rent or its transfer, it falls under the category of 'income from house property.' Essentially, any property like a house, building, office, or warehouse is considered 'house property' as per the Income Tax Act.


A Gen Xer who grew her savings from $50k to $350k in 10 years shares the FIRE methods she's using to get to $1 million

A Gen Xer shares the FIRE strategies she uses to reach $1 million in savings and retire by age 55.


2nd time: Lessor Carlyle to convert part of SpiceJet dues into equity at 63% share price premium

SpiceJet secures a lifeline as Carlyle, a major aircraft lessor, agrees to convert $40.2 million of dues into equity at Rs 100 per share. This strategic move is part of SpiceJet's efforts to raise funds and address mounting payables amid ongoing financial struggles.


What are cashback credit cards and how do they work?

Cashback credit cards offer a convenient and rewarding way to make the most out of your everyday spending. By choosing cards that align with your spending habits, you can enjoy substantial savings.


Australian dollar supported as RBA sticks to hawkish stance

The Australian dollar held steady on Thursday after the country's central bank stuck to its hawkish guidance on interest rates despite soft economic numbers, helping to offset risk aversion in global markets. Reserve Bank of Australia (RBA) Governor Michele Bullock used a speech to reiterate that a rate cut was unlikely in the near term given stubb...


Cryptocurrency Price Today (September 5): Bitcoin Stable At $57,000, Injective Becomes Top Gainer

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above the $57,000 mark early Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens across the board as the overall Market Fear & Greed Index stood at 34 (Fear) out of 100, as per CoinMarketCap data. The Injective (INJ) token emerged to be the biggest gainer of...


Ganesh Chaturthi 2024 Special: 5 ways to welcome financial prosperity into your life

Ganesh Chaturthi signifies the start of India's festive season, highlighting financial reflection and growth opportunities. Consumer spending is projected to rise by 47%, with millennials leading.


Rs 90 DIVIDEND: Highest-ever payment! Ex-date, Record date on Sept 12

Industrial & Prudential Dividend 2024 News: Shares of Industrial & Prudential Investment Company Limited closed in red on Friday at Rs 6461.95 apiece, down by 2.35 per cent. At the current market price, the company has a dividend yield of more than 1 per cent.