Business

Salary vs wealth: Why a Rs 70,000 paycheck equals a Rs 1 crore asset, wealth expert explains the math

A ₹70,000 monthly salary may equal a hidden ₹1 crore asset, says CA Nitin Kaushik. Learn how to calculate real wealth, human capital value, and why income growth matters more than small investments.

Her money, her rules - financial independence, the ultimate power tool for women

Women's financial independence extends beyond pay parity, offering crucial choices and agency. Building financial literacy, negotiating salaries, and seeking mentorship are vital for women to shape their futures. When women control finances, families, workplaces, and communities become more resilient and progressive.

Want Rs 1 lakh monthly income for 20 years? Here’s the retirement corpus you may need

Money9 Financial Freedom Summit: Learn discipline for investment from women, says Munot of HDFC AMC

Women have two things which are absolutely essential for building wealth -- the discipline to pursue long-term investment and the quality of restraint. While speaking at the Money9 Financial Freedom Summit 2026 on Thursday, HDFC AMC MD & CEO Navneet Munot urged people to learn these from women.

As Iran war hits Bank Nifty, Macquarie Securities says 'great opportunity to enter bank stocks'

This is what a 100,000,000,000,000 dollar bank note looks like

The auction includes a $100trillion note from Zimbabwe, issued during the country's years of hyperinflation

Record number of Americans tap 401(k)s as market turmoil sparks 2008 crash fears

A record number of Americans are using 401(k) hardship withdrawals as financial pressure rises. Data shows more workers are taking small amounts from retirement savings to cover urgent expenses. Even with these withdrawals, many retirement accounts still grew due to strong stock market performance and regular contributions, showing mixed signals about the overall financial health of U.S. workers.

The X Files: See how black money distorts your sense of wealth, earnings – and self

We call it a parallel economy, but it isn’t. It’s twisting housing prices out of shape, driving luxury goods markets. Are you really upper-middle-class?Find out

What does it mean when you dream about receiving money? 💸💸💸

Dreaming about receiving money generally symbolizes a positive influx of power. It often reflects a feeling of being valued a rise in confidence or the anticipation of positive changes

Rupee falls 12 paise to settle at record low of 92.40 against US dollar

The rupee hit an all-time low of 92.40 against the US dollar on Tuesday, pressured by rising crude oil prices and sustained foreign fund outflows amid the West Asia crisis. Despite a positive trend in domestic equity markets, investors remained watchful of the US Federal Reserve's interest rate decision.

Can crude hit $200? Here’s how it could hurt your portfolio and economy

The global energy landscape is being reshaped in real time — and oil lies at the heart of the crisis.As tensions between the US-Israel alliance and Iran escalate into a broader Gulf confrontation, fears of a major disruption to global crude supplies are intensifying. What was once considered a fringe possibility — $200 oil — is now being discussed in boardrooms from New York to New Delhi.At the centre of the concern is the Strait of Hormuz, a...

India's weight in Norway's $2-trillion sovereign fund falls; China, Taiwan gain

Market participants say global institutional investors have become increasingly cautious amid geopolitical uncertainties and uneven economic recovery across regions.

Strong governance commands 'big premium' from global investors: Keki Mistry

New Delhi [India], March 17 (ANI): Keki Mistry, former Vice Chairman and CEO of HDFC Ltd stated that global investors are increasingly cautious and are willing to pay a “big premium to companies where governance practices are perceived to be strong.”Addressing the CII National Conference on Financial Governance, Mistry outlined five key corporate governance themes essential for long-term sustainability and investor trust. He emphasized that...

India's forex reserves drop $11.68 billion to $716.81 billion

Amid global energy supply chain disruption due to middle east crisis, India’s foreign reserves fell by $11.683 billion to $716.810 billion in the week ended March 6, the RBI said on Friday. Total reserves rose $4.885 billion to an all-time high of $728.494 billion in the previous reporting week. Foreign currency assets, a major component of reserves, fell by $9.880 billion to $563.245 billion in the week ended March 6, according to data released...

NBFC stock jumps 5% after securing $75 million through a syndicated social loan

India, March 10 -- The shares of the one of the leading NBFC's with main focus on providing microfinance services to women, villages and more saw its shares soar 5 percent followed by raising funds to drive growth.

IPL 2026: How much revenue does a sold-out stadium generate?

With the 19th edition of the IPL set to begin on March 28, let's dwell upon an interesting topic of how much revenue a sold-out stadium generates during the season.

IDBI Bank cracks over 30% in a month on divestment woes — should you buy, sell, hold?

On an intraday basis, the stock is hovering around Rs 76, slipping over 1.5% with weak momentum and heavy volumes, reflecting continued selling pressure.

Why CSB Bank shares are rising after IDBI Bank disinvestment was called off

A key government decision on a major bank disinvestment has altered expectations around potential consolidation in the banking sector, triggering sharp stock reactions.

UK ticket holder claims £181million EuroMillions jackpot - making them instantly richer than Adele

The eye-watering prize was won on Tuesday night and the winner has become the third biggest UK National Lottery win of all time.

X Money payments system set for April release

Elon Musk is moving closer to his goal of transforming X into an all-in-one digital platform. The company is preparing to introduce a new payments feature called X Money as early as April. Musk has repeatedly described his ambition to turn X into an “everything app,” similar to China’s WeChat, combining social media, commerce and financial services...

You can get £200 cashback on your investments from IG: Should you sign up?

The investment platform IG has launched a deal paying 5% cashback on your investments. We compare it with other deals launching thick and fast for the tax-year end.

Investing Rs 1,000 a month? Here’s how small SIPs can grow your wealth over time

Investing doesn’t always require large sums of money. Building wealth often begins with small and consistent contributions. When starting early, even a modest investment can grow meaningfully over time if it is invested regularly and allowed to benefit from compounding. For young or first-time investors, starting early can make a significant difference in the long run. Starting early gives you an advantage One of your biggest advantages as a...

Why more students are choosing to specialise in finance after class 12

This article is authored by Pratik Arya, CEO & co-founder, Finnacle Institute.

Sovereign gold bond gives 318% return in 5 years; is another SGB issue coming soon?

Pre-mature Sovereign Gold Bonds: RBI sets SGB 2019-20 Series IV redemption at Rs 15,814, delivering nearly 312 per cent returns. No new gold bond issuances announced recently.

What is the annual salary you actually need to be happy?

In the UK, the average median salary is £39,039, according to the Office for National Statistics. However, despite a 4.3% increase compared to April 2024, 58% of Brits say they don’t feel financially comfortable. In addition, 25% admit to feeling anxious about the year ahead. This begs the question: how much money do we actually need to be earning ...

Reliance taps six banks for potential $4 billion Jio IPO - largest ever?

Reliance Industries Ltd., led by billionaire Mukesh Ambani, is reportedly collaborating with six major investment banks to prepare for an initial public offering (IPO) of its telecom division, Jio Platforms Ltd.

Bank of Baroda raises loan worth $500 million

Proceeds from the facility will be used for general banking and corporate purposes, according to the statement.

Australia’s central bank raises rates again as inflation risks mount amid West Asia conflict

The Reserve Bank of Australia (RBA) raised its benchmark interest rate for a second consecutive month on Tuesday, delivering a finely balanced decision that underscores growing uncertainty over the policy outlook as global risks intensify.Wrapping up its March policy meeting, the RBA lifted the cash rate by 25 basis points to 4.1 per cent, a 10-month high, effectively reversing two of the three rate cuts implemented last year. However, the...

Quote of the day by Warren Buffet: "The first rule avoid losing money second rule…"

Warren Buffett, the Oracle of Omaha, emphasises long-term investment strategies focused on fundamentals and capital preservation. Here's how his famous advice can help investors build wealth over time.

IFCI shares jump nearly 11% in early trade; here is why

On the financial front, IFCI reported a consolidated net profit of Rs 6.13 crore for the December 2025 quarter (Q3 FY26), compared with a loss of Rs 58.96 crore in the same period last year. However, profit declined on a quarter-on-quarter (QoQ) basis.

NSE IPO: Largest stock exchange may eye elite m-cap club entry on market debut

NSE IPO: At present, the top 15 most-valued firms on BSE command an m-cap of Rs 3.77 lakh crore (Mahindra & Mahindra) to Rs 18.87 lakh crore (Reliance Industries).

Lakkundi treasure: Karnataka family that found Rs 8-crore gold underneath home wants a share in it

A 600-year-old gold treasure discovered earlier this year in Lakkundi village of Gadag district, Karnataka, during house foundation work has drawn widespread attention. The ornaments were found on January 10, when the Ritti family was digging the foundation for their new home and unearthed a small pot buried underground containing 466 grams of gold jewellery. In a fresh development, experts have estimated that the collection could be worth nearly Rs 8 crore. The Ritti family, who discovered the treasure, has now requested the state government to grant them one-fifth of the estimated value, that is, around Rs 1.6 crore. (Local18)The discovery was made on January 10, when members of the Ritti family were digging the foundation for their new house in Lakkundi village. During the excavation, they came across a small pot buried in the ground, which contained several pieces of gold jewellery. The ornaments together weighed about 466 grams, and the discovery quickly drew attention across the region. In a notable gesture, the family voluntarily handed over the treasure to the authorities soon after it was found. (Local18)Following the discovery, officials from the Gadag District Administration visited the site and took the ornaments into custody for documentation and further examination. The items were later secured in the district treasury before being examined by experts to determine their historical significance and origin. To understand the historical background of the treasure, the Karnataka Government constituted a team of specialists that included art historians, epigraphy experts, archaeologists, and jewellery specialists. The team spent several hours studying the ornaments and analysing their design, craftsmanship, and materials. During the examination, each ornament was carefully photographed, the designs and craftsmanship were closely analysed and gemstones and materials used in the jewellery were examined in detail. (Local18)The examination of the treasure was carried out by a specialised team comprising Raghavendra Kulkarni, an art historian; Choodamani Nandagopal, art historian and professor; Hanumapaksi Gogi, an epigraphy expert and historian; Prabhu Kammar, a goldsmith and gemologist; and Shejeshwar, an officer from the Department of Archaeology. After closely studying the artefacts, the team concluded that the gold jewellery most likely dates back around 500-600 years, offering important insights into the region’s historical and religious heritage. (AI Generated)According to the findings, the ornaments appear to have been designed for adorning female deity statues, suggesting a possible connection with temple traditions in the region. Experts also noted that the jewellery contains precious stones such as sapphire, crystal, and coral, indicating the high craftsmanship and cultural importance associated with the artefacts. Following the initial discovery, authorities initiated excavation work in Lakkundi village to check whether more historical artefacts were buried in the area. During the excavation process, additional ancient objects were reportedly found, strengthening the belief that the site may hold considerable archaeological and historical significance. (Local18)With the estimated value of the treasure reaching around Rs 8 crore, the Ritti family has now formally requested the government to grant them Rs 1.6 crore, which represents one-fifth of the total value. Minister for Law and Parliamentary Affairs HK Patil said the government is currently examining the request, and a decision may be taken after reviewing the legal provisions related to such discoveries. (Local18)

Dollar rises broadly as investors weigh Middle East risks

The US dollar strengthened globally on Friday, driven by Middle East conflict and investor flight to safety. Rising oil prices, fueled by geopolitical tensions, are impacting energy-importing economies like the Eurozone and Japan, while the US remains relatively insulated. Inflation concerns are also prompting expectations that the Federal Reserve will delay interest rate cuts.

Why real estate often delivers strong long-term returns

Understand why real estate tends to provide strong long-term financial gains.

Keeping a lot of money in a savings account: Is it actually safe?

Most people use savings accounts for everyday banking. Salaries come in, bills get paid from them, and some extra money sits there for short-term needs. Because they are simple and easily accessible, many people also keep larger sums in them—sometimes far more than they plan to use in the near future. From a safety perspective, savings accounts are generally secure, especially when they are held with regulated banks. But whether they are the...

Global markets | Australian shares extend gains as miners lead recovery; rate hike in focus

Australian shares rose for a second consecutive session on Wednesday, clawing back some losses from a conflict-driven selloff earlier this week, led by miners as investors weighed the ‌chances of ⁠an interest ⁠rate hike next week.

Rs 20 crore and still not enough? Rethinking retirement planning

A decade or two ago, retiring with Rs 1 crore sounded comfortable for many Indian families. Gradually that figure moved to Rs 3 crore, then Rs 5 crore. Today, in many conversations around retirement planning, people casually mention Rs 10 crore or even Rs 20 crore. At first glance, Rs 20 crore feels excessive. For most people it sounds like far more money than anyone would need after they stop working. But when you start looking at the realities...

Gold rate today (March 17, 2026): Check 24K, 22K, 18K, 14K prices in Delhi, Mumbai, Chennai, Bangalore, Hyderabad & other major cities

Gold Rate Today: Gold prices remain volatile on Tuesday, March 17, 2026, with MCX futures rising slightly while spot rates fall amid the Iran war and shifting investor sentiment. Check prices of 24K, 22K, 18K, 14K across major cities.

Expecting real world asset tokenization to be a big theme going forward: Token Bay Capital

Maharatna PSU Power Finance Corporation announces interim dividend of ₹3.25 for FY26, check record date

PFC board of directors at their meeting held today, March 17, approved a fourth interim dividend of ₹3.25 per equity share on the face value of the paid-up equity shares of ₹10 per share each for FY 2025-26.

'Biggest bubble bust': Robert Kiyosaki predicts gold at $35,000, silver at $200, and Bitcoin at $750,000

Kiyosaki's warning of the biggest bubble in history sparks debate among investors, predicting soaring prices for gold, silver, and cryptocurrencies after a crisis. Schiff supports this with insights on silver's breakout and opportunities in mining stocks amid market volatility.

Nationwide fairer share: Customers hoping for £100 payment should put money in savings accounts now

Nationwide customers keen to ensure they would be eligible for a Fairer Share payment in 2026 should take steps now so they do not miss out.

My bank keeps pushing me to open a high-yield savings account, but the rate barely looks higher. Is it really worth switching?

Banks love the phrase “high-yield savings account,” and they push it hard when rates are rising. The catch is that “high-yield” is not a regulated label, so it can mean almost anything. If the rate your bank is offering barely looks higher, the real question is how much money it actually puts in your pocket.

5 mutual fund ratios investors need to know before chasing returns

When investors compare mutual funds, the first number they often look at is returns. If one fund shows 18 percent and another 14 percent, the higher-return option seems like the obvious choice. But returns alone don’t always reveal how a fund actually performed. Two funds can generate similar returns but take different levels of risk to achieve them. One may experience sharp swings during market volatility, while another may deliver stable...

People keep telling me about the “Latte Factor” money strategy—can it really make me rich?

The phrase Latte Factor keeps popping up in money conversations. It shows up in finance books, podcasts, and investing advice, often mentioned like it’s some kind of simple trick for building wealth. But if the idea is really that simple…why isn’t everyone doing it?

How private money works when structured the right way

How private money can work effectively when structured properly.

Money9 Financial Freedom Summit: Retail investors are the real heroes, says Barun Das

In the welcome address of Money9 Financial Freedom Summit 2026, MD and CEO of TV9 Network Barun Das mentioned how the surge in gold prices over the past two years have multiplied the wealth of Indian families. He compared the surge in value of their ancestral wealth to the rise in the market cap of the stock market.

India’s real estate investment surge stands out in APAC — but can the momentum last?

India has emerged as one of the fastest-growing real estate investment markets in the Asia-Pacific region, even as global property markets navigate uncertain macroeconomic conditions. Institutional investments into Indian real estate jumped 29% year-on-year to $8.5 billion in 2025, according to a new report by global property consultancy Colliers — placing the country among the strongest-growing markets in the region.The strong showing comes at...

Tamil Nadu polls: Carrying cash or valuables? Be ready to show proof

Election squads are now conducting random checks across Tamil Nadu, targeting individuals carrying over Rs 50,000 cash or purchasing goods exceeding Rs 10,000. Valid documentation is crucial to avoid seizures. Seized cash up to Rs 10 lakh goes to the state treasury, while larger amounts trigger IT department involvement. Traders express concerns about the impact on daily business.

Global stock markets mixed as oil prices fluctuate above $100 a barrel

Global stock markets showed mixed results as Brent crude oil prices surged above $100 a barrel. U.S. futures declined, influenced by ongoing geopolitical tensions and rising inflation concerns.