UPI payments wipe out your entire salary—how can you save money without feeling deprived?

Nowadays, most people use UPI. Whether it is groceries, vegetables, rickshaw fare, or paying for tea, everything is settled in mere seconds. However, this does impact your pocket. Recently, a young woman shared her UPI spending summary on social media, expressing distress over her rising expenses. The video illustrated how numerous small online UPI payments can collectively deplete one's entire salary by the end of the month. The message that...

Money stress or overspending? Financial therapy could help you understand why

You know you shouldn't put another expensive purchase on your credit card, but you do it anyway. Or perhaps you have enough money but still feel anxious whenever you spend. You may avoid checking your bank account altogether, or repeatedly argue with your partner about the same financial issues. In situations like these, knowing what you should do with money may not be the problem. The harder question is why you keep doing something different....

MSTR stock slips after strategy leaves Bitcoin stash untouched, doubles buyback program to $2B

The company repurchased around 1.8 million STRC shares for $176.3 million during the week, without buying back its other preferred securities or common stock.

Dow futures jump over 250 points as oil slides; why today’s CPI data matters

US stock futures moved higher early Friday, September 11, as crude oil prices pulled back from sharp gains this week, while investors turned their attention to a key inflation reading that could influence the Federal Reserve’s interest-rate decision next week.Dow Jones Industrial Average futures gained around 0.6%, or more than 250 points, while S&P 500 futures and Nasdaq-100 futures also rose about 0.6%.The gains came after the major US indexes...

11:11 | Trump promises $5,000 upon midterm victory; oil nears $102; UBS turns cautious on India

Good morning!Oil is back at the centre of the market story, with Brent crude nearing $102 a barrel as fighting across West Asia escalates and Iran signals it is prepared for a more intense conflict. The latest flare-up is raising fresh concerns over disruptions through the Strait of Hormuz, with the impact already being felt across currencies and commodities.Unmissable: US President Donald Trump has put a potential $5,000 payment to every...

Rupee slips to 95.25 against dollar: Why crude and global markets matter

The Indian rupee opened 15 paise weaker against the US dollar on Thursday (September 10) at 95.25, compared with Wednesday’s (September 9) close of 95.10, as elevated crude oil prices and global risk aversion continued to weigh on the currency.The rupee has weakened about 0.7% over the past two sessions, with the latest move suggesting that the impact of higher oil prices is becoming more visible after the currency had shown greater resilience...

‘Where does all my money go?’ Rs 3 lakh-earning man explains why he still feels broke (watch viral video)

Dr. Sunny Garg, co-founder of brihas.ai, explains why a household earning Rs 3 lakh monthly can still feel financially tight. He points out that with dual incomes, financial obligations like home EMIs, school fees, and car payments tend to grow, leading to lifestyle inflation.

Katie Piper: Here are 5 things every woman should know about money

Gold tax rules 2026: How much tax do you pay on jewellery, ETFs, digital gold and gold held at home?

India, Sept. 13 -- Gold is more than just a symbol of wealth in India it's also one of the country's most popular investment assets. From jewellery and digital gold to Gold ETFs, gold mutual funds and Sovereign Gold Bonds (SGBs), each option comes with different tax rules and benefits. Before buying, selling or investing in gold in 2026, it's important to understand the applicable GST, capital gains tax and key ownership regulations. Ways to...

No common BRICS currency for now, but local-currency trade gets push

The comments come as the multilateral alliance continues discussions on strengthening cross-border payments and reducing transaction costs in trade among member nations.

Newly-listed stock Shankesh Jewellers surges 18% to hit a record high - what is fuelling the rally?

Shankesh Jewellers share price surged as much as 18% to hit its record high of ₹116 in morning trade on the BSE on Friday, 11 September, even as equity benchmark Sensex crashed 1%.

Bernstein names Paytm stock as its top pick, lists 3 strong growth drivers for fintech giant

Bernstein has named Paytm its top pick, citing strong merchant lending growth, operating leverage and potential UPI MDR as key earnings drivers. The brokerage has set a Rs 2,200 target, implying further upside, while flagging key downside risks.

UPI MDR may be set at 40 bps; banks could get largest share: Report

The government may soon notify a framework for levying a merchant discount rate (MDR) on select Unified Payments Interface (UPI) transactions, with the fee potentially set at around 40 basis points (bps), or 0.4% of the transaction value. According to an Economic Times report, issuing banks could receive 40% of the MDR, while the remaining fee could be divided equally between third-party application providers (TPAPs), such as PhonePe and Paytm,...

India's forex reserves jump $44.9 billion to record $785.71 billion

Foreign currency assets (FCA), the largest component of India’s forex reserves, rose by $47.498 billion during the week to $648.17 billion, accounting for the bulk of the overall increase.

Serious about your partner? These money habits are worth paying attention to

When a relationship becomes serious, conversations usually turn to where you might live, whether you want children and what you want your future to look like. Money deserves a place in those conversations too. You don't need to ask for bank statements on the third date. But before marriage or combining finances, it helps to understand how your partner earns, spends, saves and deals with debt. The warning signs are not always about how much money...

Lending money to friends or family? Think about these things before saying yes

When a close friend or relative asks for money, the decision rarely feels purely financial. Perhaps they need help with a medical bill, a business is struggling or they are short of money for a house. If you have savings available, saying no can feel selfish. But before transferring the money, work out what would happen if you never got it back. That may sound pessimistic, but it is probably the most useful question you can ask. If losing Rs...

Why your first Rs 25 lakh investment is a major wealth-creation milestone

Reaching the Rs 25 lakh milestone signifies a transformative moment in wealth creation for young investors. It indicates that accumulated capital is now playing a crucial role in enhancing portfolio growth, alongside new savings. With market downturns having a more pronounced effect in rupee terms, effective risk management strategies become essential. Moreover, optimal asset allocation is key for achieving a balance between growth and stability.

5 lessons from Morgan Housel's The Psychology of Money: Why your financial intelligence doesn’t matter

Morgan Housel's The Psychology of Money emphasises the role of behaviour in financial decisions. It also highlights that intelligence alone doesn't ensure financial success.

How to loosen the purse strings without running out of money in retirement

You've saved hard for decades, funnelled away every spare pound, and now it's finally time to put your feet up for a well-earned retirement...

Rs 3 lakh salary, still not financially free? Man explains the hidden trap (watch)

A high household income, such as Rs 3 lakh monthly, does not always guarantee financial freedom. As earnings grow, lifestyle expenses and long-term commitments like housing, school, and car payments also increase. When these decisions are based on two stable incomes, it creates financial pressure and reduces flexibility.

5 investment rules everybody must know: You don’t need to be Warren Buffett to understand these simple money basics

Simple financial rules help manage expenses and investments for Indian households. You don’t need to be Warren Buffett to understand these simple money basics.

Why higher interest rates may be a gift for young investors

As the era of easy money ends and global bond yields rise, asset prices are adjusting. Discover why higher bond yields shift wealth from older asset owners to young investors building long-term portfolios.

Jio Financial says BOFA's ₹18k cr to come by Dec; Jio Credit's product plans, strategy to be redrawn

Non-bank lender Jio Credit will get the capital of ₹18,268 crore from Bank of America (BoFA) by December this year once all the regulatory approvals for the infusion are in place, a top official at parent Jio Financial Services (JFS) has said.Once the capital comes in, the entity will re-evaluate its business strategies and also product plans to accelerate growth in assets under management (AUM), the official said, adding that BoFA is "aligned"...

A $5,000 check would cost US somewhere between $1.2 trillion and $1.35 trillion

TOI correspondent from Washington: The Republican Party’s midterm convention in Dallas on Wednesday night was to be a celebration of two years of Trump presidency to gee up ranks for the Nov 3 mid-term elections. Instead, the MAGA boss made headlines after laying out something that sounded less like an upbeat policy and more like a deadbeat deliver...

Bond yields remain high: How much can you earn over a 10-year investment period — and what should you do now

Debt returns have historically stayed relatively steady over the long term, but the current high-yield environment raises questions for investors. With interest rates on pause and inflation shaping return expectations, here’s what investors need to know before assessing debt allocation.

Rare old currency may fetch lakhs, but experts urge caution

Why rarity matters: Unique serial numbers, printing errors, or historic designs can make old notes more desirable than their face value. Beware inflated claims: Online posts often exaggerate potential prices; actual value depends on collector demand and condition. Safe selling tips: Use trusted platforms, avoid advance fees, and get notes professionally evaluated before listing.

Emma Shelton’s Wimbledon moment highlights her shift to finance

From court to corporate: Emma Shelton moved from a decorated collegiate tennis career to a finance role at Morgan Stanley, earning promotions and professional credentials. Wimbledon spotlight: Her brother Ben’s playful public request at Wimbledon 2025 led Morgan Stanley to extend her stay, making her a fan-favourite ‘lucky charm’. Family tennis legacy: Daughter of former pro Bryan Shelton and sister to top-10 ATP player Ben, Emma grew up in a household steeped in competitive tennis.

India now among world’s top 4 forex reserve holders as stockpile hits record $785.7 billion

India has overtaken Russia in foreign exchange reserves after its forex stockpile jumped by nearly $45 billion in a single week to a record $785.7 billion.Reserve Bank of India data released on Friday showed that India’s foreign exchange reserves rose by $44.903 billion in the week ended September 4 to $785.706 billion. Russia’s international reserves stood at about $769 billion at the end of August, putting India ahead on the latest available...

Stock markets this week: US Fed decision, inflation data, oil to be key drivers, say analysts

Last week, theSensex fell 1,733.67 points, or 2.26 per cent, while theNifty declined 499.6 points, or 2 per cent.

Six IPOs open today, highest in a single day in 30 years; Rs 4,500-crore offers up for grabs

India’s primary market is witnessing an unusually busy day on Wednesday, September 9, with six mainboard IPOs opening for subscription, making it the biggest single-day IPO rush in nearly 30 years.The last time exactly six IPOs opened on the same day was October 14, 1996, according to historical data from Prime Database. The six companies hitting the market today are Rentomojo, Asset Reconstruction Company (India), Manipal Payment & Identity...

Rs 10 lakh FD at 7% interest: How much will senior citizens get after 1, 3, 5 and 10 years? Check inside

Banks also offer senior citizens a higher interest rate than regular customers. The extra rate may look small, but on a bigger deposit it can make a noticeable difference to the final amount. Senior citizens can also choose how they want to receive the interest — every month, every quarter, or at the time of maturity.

$44.9 billion weekly surge: India’s forex kitty scales new heights of $785.7 billion

India's foreign reserves soared by a significant USD 44.903 billion in the week ended September 4, hitting a new lifetime high of USD 785.706 billion, according to data released by the Reserve Bank on Friday, September 11. With this, the nation's forex kitty continued its upward momentum for this tenth straight week, jumping by almost $120 billion during this period, as per Reuters. In the previous reporting week, the overall reserves increased...

Will Bitcoin rally after Trump’s crypto bill vote? Why September 15 matters

Bitcoin is near $80,000 as investors watch the September 15 Clarity Act vote. Here’s why Trump’s crypto bill could impact Bitcoin and the crypto market.

Art, money and the joy of collecting

Art has always been about noticing small details, admiring the craft and engaging with a beautiful form of expression. Yet there is another dimension to art: money.Get breaking news anytime, anywhere. Download the TOI app now!Designer and art curator Srila Chatterjee believes art and business need not be at odds. At a Bengaluru session titled ‘Why ...

Mint Money app adds bill payments, loans at Global Fintech Fest 2026

Mint Money, the fintech app from HT Group, unveiled with bill payments and digital loan services at Global Fintech Fest 2026.

Why financial education is more valuable than financial tips - A case for learning over advice

Financial tips can offer quick ideas, but they rarely explain the thinking behind a decision. Financial education, on the other hand, helps people understand risk, valuation, goals and long-term planning. In a world filled with endless advice, learning how money works may be more valuable than simply knowing the next investment trend.

Gold rate today, September 13: Check 22K, 24K gold and silver prices

Gold Rate Today, September 13, 2026: Gold prices remained closely watched across Indian markets on Sunday, with investors and jewellery buyers tracking the latest movement in 22-carat and 24-carat gold along with silver prices. According to the latest available retail-market data, 24K gold in Delhi was around ₹1,54,730 per 10 grams, while 22K gold was priced at approximately ₹1,41,850 per 10 grams. Gold prices showed some variation across...

H-1B not enough for a US green card? Experts explain why Indians are turning to the $800,000 EB-5 route

Indian H-1B visa holders are increasingly turning to the EB-5 immigrant investor program to secure US Green Cards amid job uncertainties and long backlogs.

NSE IPO: How SBI's 80 paise-a-share cost could turn into Rs 2,851 crore sale proceeds

State Bank of India is offering 15.97 million NSE shares in the IPO. At the upper end of the Rs 1,785 price band, the stake would be worth about Rs 2,851 crore, against a reported weighted average acquisition cost of 80 paise per share.

Spanish proverb of the day: "Money is a powerful gentleman" — How does wealth influence people?

Money can buy comfort, opportunities and influence. But it can also change how people treat one another. A famous Spanish proverb captures this power in a striking phrase: "Poderoso caballero es don Dinero". It translates as, "Money is a powerful gentleman".The proverb presents money as a powerful gentleman who can influence people, decisions and social status. What does the proverb actually mean?The proverb suggests that money has enormous...

Mirzapur the movie box office collection day 6: Ali Fazal film earns Rs 193 cr globally, smashes Akshay Kumar’s record

Mirzapur The Movie Box Office Collection Day 6: The Pankaj Tripathi, Ali Fazal and Divyenndu Sharma-starrer has now crossed Rs 193 crore in worldwide gross collections and will enter Rs 200 crore club today.

Eliminating non-tariff barriers, smooth payment mechanism key to boosting BRICS trade: EEPC India

A more efficient payment system using individual national currencies could further reduce friction for exporters by making cross-border settlements faster and more predictable.

Oracle shares spike 6% pre-market as $30 billion in AI contracts eases spending fears

Oracle's booking of over $30 billion in new AI cloud contracts was a major factor in the pre-market rally.

China's Z.AI raises $5 billion from new share, convertible bond sales, filing shows

Z.AI launched ‌the sales ⁠on ⁠Friday, offering 21.97 million new Hong Kong shares at HK$714 ($91.05) each, a 10% ​discount to Friday's closing price of HK$793.

Moving back to India after decades abroad? 6 money moves to make before you return

A structured guide to managing foreign assets, updating bank status, and optimizing tax efficiency when relocating back to India

RBI approves ICICI Prudential AMC to acquire up to 9.95% stake in CSB Bank

India, Sept. 9 -- CSB Bank is back on the radar after regulators opened the door for a large asset manager to build a much bigger position in the lender. It's a routine exchange filing on paper, but the fine print banking-law and forex conditions attached means the full story isn't settled yet. The approval also happens to follow a quarter where profit growth beat expectations, which raises a fair question: what does a bigger institutional...

Earning Rs 1 lakh per month? Here's how much home loan EMI you can safely afford

Earning Rs 1 lakh per month can make homeownership look within reach, but the size of the salary alone does not determine whether you can comfortably afford a home loan. Existing expenses, EMIs, investments, emergency savings, down payment and future financial commitments all need to be factored in before taking on a long-term liability. For a person with a Rs 1 lakh monthly take-home salary, financial experts suggest keeping the home-loan EMI...

Indian Bank to enter life insurance business, soon to seek board nod

Indian Bank plans to enter life insurance and asset management sectors soon. The bank is seeking board approval for these proposed new ventures. Identifying a strong partner is crucial for accelerating wealth creation efforts. Indian Bank also aims to open a representative office in Dubai. This move will leverage business opportunities from the large Indian diaspora.

Former CIA official found with $40 million in gold bars reaches tentative plea deal: What happened to David Rush and what prosecutors say he stole

A former CIA officer has reached a tentative plea agreement with federal prosecutors. David Rush allegedly stole over forty million dollars in gold and foreign currency. Investigators recovered hundreds of gold bars and millions in cash from his home. Prosecutors also claim he created a fake classified project to facilitate the theft. The case moves toward resolution, avoiding a trial with classified evidence.

BRICS pushes NDB to scale local-currency financing after $43 billion in first-decade approvals

BRICS leaders have called on the New Development Bank (NDB) to scale up local-currency financing and mobilise more resources for infrastructure and sustainable development, as the bloc seeks to deepen its financial architecture after the lender approved $43 billion worth of projects in its first decade. The New Delhi Declaration adopted at the BRICS Summit said members want the NDB to expand its capacity to mobilise resources, increase...