Money

ABFRL Q4 Results: Net loss at Rs 23 crore; revenue rises to Rs 1,719 crore

Aditya Birla Fashion and Retail Ltd on Friday said its consolidated net loss narrowed to Rs 23.55 crore in the fourth quarter ended March 2025. The company had posted a net loss of Rs 266.36 crore during the January-March quarter a year ago, according a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL).

From Living Paycheck to Living the Dream: Smart Saving Habits for Financial Freedom

For many, the rhythm of modern life is dictated by the ticking clock between one payslip and the next, a cycle that often doesn't leave room for dreams, let alone financial autonomy. However, disciplined habits and deliberate choices can give you the power to rewrite your financial story. In this article, we will talk about financial habits that can empower you not just to survive, but to flourish with insights from our expert, Mr Mukesh Pandey,...

Sensex Changes Effective From June 23, Trent & BEL To Be Included, Nestle, IndusInd Bank Excluded

Sensex, Nifty opening: Stock market likely to open higher today. Here's why

Stock market opening: The Nifty50 index may open slightly above its previous close. Gift Nifty futures were trading at 24,692.5 at 7:59 am, showing a possible rise from Thursday's close of 24,609.7.

Mutual Funds: How Much Rs 10-Lakh Investment Can Earn In 20 Years?

This investment option has been attracting more investors who are seeking to build long-term wealth.

MrBeast Net Worth: Want to know YouTube creator’s bank balance? Here’s how he manages his earnings

YouTube creator MrBeast revealed he has less than $1 million in his bank account, despite a $1 billion net worth. He reinvests most of his earnings into content creation. His businesses include YouTube, Feastables and Beast Burgers. He continues to build wealth while maintaining a modest personal spending style.

I'm 53 and have never had savings - I thought that was normal

I thought it was normal to live paycheck to paycheck.

Leela Hotels IPO opens next week. GMP, date, valuation, other details in 10 points

Leela Hotels IPO price band has been set at ₹413 to ₹435 per share. The minimum lot size for an application in Leela Hotels IPO is 34 shares. Thus, the minimum investment amount required by retail investors is ₹14,042.

Gold Storage Limit: How much gold can you keep at home without an income tax raid?

Gold purchase, storage and tax rules in India: The government has established rules regarding the purchase and storage of gold in India. According to these regulations, a married woman is allowed to keep up to 500 grams of gold at home.

In investing, as in life, quality never goes out of style

In investing, prioritizing quality companies with strong financials and consistent earnings is crucial for long-term success, mirroring our preference for quality in daily life. Recent examples highlight how compromised quality can lead to financial setbacks for companies and investors alike. Quality-focused indices demonstrate better risk-adjusted returns, making them attractive amid global uncertainties.

YES Bank MARQUEE Credit Card: Easy 5-step application process explained

The YES Bank MARQUEE Credit Card application process involves five simple steps. Developed for high-income individuals, it offers premium lifestyle, travel, and reward benefits. Check eligibility, apply online, and unlock exclusive privileges with this contactless payment card.

WWE star CM Punk's net worth in 2025, salary, lifestyle, and more

CM Punk faced a tough time in 2023 after a fight in AEW led to his suspension and contract end. WWE then welcomed him back, offering a major role. Punk returned stronger and more mature at the 2023 Survivor Series. Beyond wrestling, he built a $12 million net worth, owns luxury homes, supports charities, and lives a private life with his wife AJ Lee.

Rent or reinvest? Would you sell a Rs 5 cr Mumbai flat for a 10-year investment plan?

An investor has a Rs 5 crore residential property in Mumbai that’s generating just 2–3% rental yield. He is confused between holding on for long-term appreciation or selling it now, walking away with Rs 4 crore post-tax, and investing in a diversified portfolio. Which choice will deliver better returns and peace of mind?

RBI to pay Rs 2.69 lakh crore to government as dividend for FY25

The RBI has approved a large dividend of Rs 2.69 lakh crore for the financial year 2025, which is higher than Rs 2.1 lakh crore given last year.

Vidya Balan Shares Her ‘Savings Ki Vidya’ | Federal Bank’s First Brand Ambassador | Brand Storyboard

From SIPs to Health Insurance: Expert Shares 5 Financial Investments That Can Give You Long-term Returns

When it comes to gifting, few things rival the quiet power of financial foresight. While flowers wilt and gadgets date, a well-chosen monetary gesture has the potential to shape futures. In a world increasingly aware of financial independence and long-term stability, giving the gift of smart financial planning speaks volumes. Here are some insights to guide your way from Nehal Mota, Co-Founder & CEO, Finnovate. Beneficial Financial Investments A...

Inside last-minute changes Republicans made to Trump's big tax-cut bill ahead of vote: Key points

Republican leaders made last-minute changes to their tax and immigration bill. These revisions aim to gain support from hesitant GOP members. The House debated and voted on the bill after the rollout. Key changes include removing public land sales and renaming federal baby accounts. The bill also addresses Medicaid work requirements and SALT deduction caps.

Why Axis MF believes RBI’s surplus liquidity could steepen the yield curve

The Reserve Bank of India’s liquidity injections and a likely record dividend in FY26 could create a steep yield curve, according to a new report from Axis Mutual Fund.This will boost the appeal of short-term corporate bonds, the report said.The RBI has pumped over ₹10 lakh crore into the banking system since December 2024, swinging liquidity from a ₹3 lakh crore deficit to a surplus of ₹1.25 lakh crore by March 2025.This surplus is now expected...

Wipro CEO Pallia took home Rs 53.4 crore in FY25; Executive Chairman Rishad Premji's pay doubled

BENGALURU: Wipro CEO and MD Srinivas Pallia, who assumed the role in April last year, took home about Rs 53.4 crore ($6.27 million) in FY25, according to the IT services firm's latest 20-F filing with the US Securities and Exchange Commission. Interestingly, Wipro Executive Chairman Rishad Premji's remuneration more than doubled from Rs 6.4 crore i...

Gold Rate Today (May 23): Check Out Gold Prices In Delhi, Mumbai, Bengaluru, Ahmedabad, More Cities

Gold Rate Today: India ranks as the world’s second-largest consumer of gold, following China, underscoring the metal’s deep-rooted cultural and financial importance throughout the country. As most of India’s gold is imported, local prices are heavily influenced by global market trends. Because gold is traded in U.S. dollars, fluctuations in the dollar’s value directly impact gold prices in India. Additionally, steep import duties and various...

Dar Credit IPO sees 98.5 times subscription on final day; check allotment, listing dates

The initial public offering of Dar Credit & Capital, the non-banking finance company, has received a massive 98.54 times subscription till the final day of bidding, May 23, getting bids worth more than Rs 1,800 crore. The company launched its maiden public issue on May 21 to raise Rs 25.66 crore comprising entirely fresh issue. The price band for the offer was Rs 57-60 per share. Investors bid for 30.15 crore equity shares in three days of...

Retirement fund puzzle: What to consider when choosing between NPS and mutual funds

Choosing between mutual funds and the National Pension System (NPS) for long-term equity investing depends on your investment goals, risk appetite, and behavioural discipline. Both have distinct advantages—and combining them may offer the most balanced approach.

Rs 10 crore for child's education? Edelweiss' Radhika Gupta's maths and message

Radhika Gupta explained that the current cost of a full higher education in the US is around Rs 2.5 crore. Now, if you consider average inflation of 5% and currency depreciation of 4% every year, the value of that education will go up a lot over the next 16 years.

Financial mathematics: The key to thriving global finance industry

A financial mathematics degree is the application of mathematical rigour to financial theory. Such degrees are designed for individuals who are keen to understand what makes the financial markets tick.

Penny stock below ₹2 hits 5% upper circuit after Q4 results 2025

Stock Market Today: The Penny stock below ₹2 hit 5% upper circuit during the intraday trades on Friday after Q4 results 2025. Check details about Penny Stock Murae Organisor Ltd

Personal loan vs savings: Smart ways to choose when you need quick funds

Deciding between a personal loan and dipping into savings requires careful consideration. Personal loans offer a strategic advantage by preserving long-term goals and providing predictable monthly payments, especially when savings fall short. Bajaj Finance provides quick access to funds with flexible repayment options, making it a viable solution for larger expenses without disrupting your financial strategy.

Everything you can afford at different levels of wealth – from mansions to private islands

Jane Street earns $2.3 billion riding India options trading wave

Jane Street Group made over $2.3 billion from equity derivatives in India last year. This surge highlights India's importance to the firm. The Securities and Exchange Board of India is investigating Jane Street's derivatives trades. Other firms like Citadel Securities have also expanded in India. Options trading has cooled after rapid growth. SEBI imposed restrictions to protect retail traders.

Mukesh Ambani & Nita Ambani Among Top Donors In TIME100 Philanthropy List 2025 | N18V | CNBC TV18

India in a mature bull market, still poised for positive returns: Pankaj Murarka

We must also acknowledge that we’re experiencing a cyclical slowdown—partly due to domestic factors and partly due to global trade headwinds. Yet, India is arguably the best-placed market in the world today.

Reliance Power share price skyrockets 18% as bulls spurt trade volumes, biggest intraday jump since January 2024

Reliance Power's share price soared 18.5% on May 23, hitting ₹52.82, its highest in six months. The surge followed a significant trading volume increase, partly driven by a recent equity share allotment and a strategic solar project in Bhutan.

Stop making cents: US Mint moves forward with plans to kill the penny

WASHINGTON: The Trump administration says making cents doesn't make sense anymore. The US Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday. This move comes as the cost of making pennies has increased markedly, by upward of 20% in 2024, according ...

The seven sins of investing

How not to be a victim of fundamental human tendencies that can seriously erode your wealth

Mukesh Ambani: In The Next 5 Years, We Will Invest Rs 75,000 Cr In The NorthEast | N18S | CNBC TV18

Power Finance Corporation Lists New Bonds, BSE Welcomes New Debt Securities

Mumbai: On May 23, 2025, the Bombay Stock Exchange (BSE) announced the listing of two new debt securities issued by Power Finance Corporation Ltd. These bonds were privately placed and are now available for trading on the BSE Debt Segment. The first bond, identified with Scrip Code 976709 and Scrip ID 661PFCL28, has a face value of Rs 1,00,000. A t...

FII favourite small-cap stock below ₹100 jumps over 4% from today's low. Do you own?

MIC Electronics Ltd saw a 4% stock rise from its day's low after its Q4FY25 earnings report, despite a 92.84% drop in net profit to ₹3.57 crore. Total income surged 89.5% to ₹45.15 crore, reflecting strong business activity amid concerns over profit decline.

India’s forex reserves decline by $4.88 billion to $685.72 billion in week ended May 16

India's foreign exchange reserves experienced a decrease of $4.888 billion, settling at $685.729 billion for the week ending May 16, according to the RBI. This decline follows a previous week's increase, with gold reserves notably decreasing by $5.121 billion. Foreign currency assets saw a slight increase, while SDRs and the reserve position with the IMF also experienced decreases.

Why investing regularly and staying invested matters

In a country where economic growth and corporate profits are growing steadily, you need to align your long-term investments to benefit from that growth. A regular, systematic investment plan in a diversified equity mutual fund over 20 years can easily take care of your retirement. The catch is that you cannot touch this money and withdraw just beca...

7 Richest Nations per Person (And 3 That Are Shockingly Poor)

7 Richest Nations per Person (And 3 That Are Shockingly Poor)

Dar Credit and Capital IPO Day 3: Check Subscription Status, GMP Today

Dar Credit and Capital IPO: The initial public offering of Dar Credit and Capital Ltd, which is going to be closed on Friday at 5:00 pm, has received a strong response. Till 10:39 am on the final day of bidding on Thursday, the Rs 25.66-crore IPO received a 25.16 times subscription, garnering bids for 7,15,66,000 shares as against 28,44,000 shares on offer.The retail and NII participation stood at 37.81 times and 25.66 times, respectively. The...

Why FPIs Sold 10K Cr Worth Of Indian Equities In Just One Day | What Changed & Why?

New Delhi, May 23 -- After a sustained buying streak, overseas investors turned cautious and pulled out 10,016 crore from the Indian stock market during Tuesday's session, May 20, marking the highest single-day outflow since February. This was after the same FPIs had pumped more than 18,620Cr (bubble)) in Indian equities in May

'Mission: Impossible - The Final Reckoning' box office collection day 6: Ahead of its US release, Tom Cruise's film crosses ₹50 crore in India

Tom Cruise's latest film recorded a decent occupancy across its shows on Thursday.

I am 28 and I want to buy a house. What strategies, challenges should I take care of while planning my first home purchase?

Buying the first home is both an exciting milestone and a major financial commitment. With more Indian women stepping into property ownership and driving a surge in home sales, it's crucial to plan smart—balancing your budget, exploring loan benefits, and preparing for hidden costs to avoid mortgage distress down the line.

10 Ways To Increase Your Net Worth Without A Six-Figure Salary

Building wealth isn’t just for the rich or those with six-figure salaries. These ten strategies can help you grow your net worth without bringing in a huge paycheck.

Gold shines bright amid U.S. fiscal shadows: weekly surge signals safe-haven appeal; 5 key things to know

Gold prices have surged this week, hitting $3,303.09 per ounce, as investors flee to safe-haven assets amid growing U.S. fiscal concerns, a weakening dollar, and rising geopolitical tensions. A recent U.S. credit rating downgrade by Moody’s and a substantial spending bill passed by Congress have shaken confidence in American financial stability. Meanwhile, global demand for gold has jumped, boosting markets in countries like India and South...

Trump’s 10% tariff is coming: What to buy now before prices rise in US

Donald Trump's import tariff is set to impact prices soon. Experts advise buying now to avoid increased costs. Tech, clothing, home goods, and groceries are likely to become more expensive. Retailers like Walmart will raise prices this month. Items with imported components will also see hikes. Consider purchasing Apple devices, apparel, mattresses, and kitchen gadgets before July.

A SIP of Rs 5,000 helps to build a corpus of Rs 1 crore. Consistency beats everything

A Reddit user reached a Rs 1 crore mutual fund milestone since starting SIPs in 2018. They credit consistency, behavior management, and asset allocation, urging others to avoid reacting to market noise and focus on income growth and discipline

How much you should have in savings - and how your bank balance compares to the average Australian

Here's what the typical Aussie has in savings during a cost-of-living crisis.

You've hit Rs 10 crore and opted for FIRE — now what? Why many Indians are struggling to spend their wealth

What do you do when the desire to be rich is achieved, but traditional symbols of success no longer interest you? The solution might be found in mindful, value-aligned spending.

Saurabh Mukherjea says his portfolio ready to climb walls of worry, backed by 3 factors

Despite macroeconomic turbulence and global tariff tensions, Saurabh Mukherjea remains bullish on his Marcellus portfolios. Backed by valuation discipline, high-quality stocks, and ample cash reserves, his CCP strategy targets uncorrelated businesses with strong moats. As market growth slows, Mukherjea sees opportunity in select value plays and resilient earnings, trimming underperformers and holding cash for tactical entry points.