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Jio Financial Services Q2 net profit falls 51% to Rs 340 crore

Jio Financial Services reported a 51% drop in Q2 FY27 net profit to ₹340.4 crore due to higher costs and absent dividend income, though core revenue surged 73% on strong lending growth.

2026-10-15T15:02:08Z

HDFC AMC Q2 review: Jefferies, Kotak Securities maintain buy after Q2 operating beat

Jefferies and Kotak Securities remain bullish on HDFC AMC even after Net profit and total income for the September quarter declined as brokerages sees growth in core earnings

2026-10-16T03:15:07Z

Rakesh Jhunjhunwala's Nifty 2030 prediction: Did the Big Bull get it wrong?

Among Rakesh Jhunjhunwala's many famous calls, one prediction still turns heads for its sheer audacity: the forecast that the Nifty 50 would hit a staggering 1,25,000 by the year 2030.

2026-10-15T11:45:07Z

US stocks vanish from broker account: How this salaried investor fixed his ITR

US stocks missing from a broker account, inaccessible statements and a looming ITR deadline put one salaried investor in a bind. Here’s how tax experts reconstructed his records, disclosed foreign assets and claimed Foreign Tax Credit.

2026-10-16T08:59:42Z

Stocks to buy: 3 stocks recommended by Nomura with up to 33% upside

India, Oct. 15 -- Nomura has picked three companies, Paytm, Bharti Hexacom, and Dhoot Transmission, with a Buy rating and upside potential of up to 35%. The brokerage remains positive on these stocks, considering their growth prospects, business opportunities, and industry trends.

2026-10-15T15:54:18Z

The richest man in history had more wealth than entire countries

It sounds exaggerated. But by most historical estimates, the richest person to have ever lived wasn’t a modern billionaire. It was Mansa Musa, a 14th-century ruler of the Mali Empire.And his wealth wasn’t just large. It was on a completely different scale.Mansa Musa ruled over one of the richest regions in the world at the time, covering large parts of West Africa. This wasn’t just any territory — it was one of the main sources of gold, which...

2026-04-27T11:11:49Z

Bajaj Consumer Care shares crash 10% despite 66% profit growth: Here's why

India, Oct. 15 -- The shares of this small cap company majorly engaged in the business of cosmetics, toiletries and other personal care products, plunged nearly 10 percent after announcing its Q2 FY27 result.

2026-10-15T16:09:19Z

Nestle Q2 results: Profit surges 36%, but rising costs remain a concern

Nestle India's September-quarter profit rose 36% as revenue grew 20% and operating margins widened, beating Bloomberg estimates despite rising food inflation and commodity cost pressures.

2026-10-15T07:15:04Z

Shashthi brings hidden expenses: Capricorn urged to plug money leaks

Capricorn individuals may find themselves facing unexpected financial challenges as the Moon traverses their twelfth house of losses. With Shani, their ruling planet, promoting a disciplined approach, it's vital to scrutinize bank statements for surprise charges or overdue bills. As they celebrate during Navratri, creating a budget for the festivities is crucial to prevent overspending—especially on work-related purchases.

2026-10-16T00:38:38Z

Psychology says women who feel guilty spending on themselves were likely raised with these 3 beliefs

Hesitating before ordering the more expensive thing. Putting an item back because it feels unnecessary. Buying something and quietly hiding the receipt. For many women, spending money on themselves comes with a specific, nagging discomfort that has very little to do with how much is actually in the bank. Psychologists who study financial behaviour ...

2026-06-21T06:54:54Z

Japanese proverb of the day: "Getting money is like digging with a needle. Spending it..."

Money is one of life's greatest necessities. Yet earning it often takes patience, effort and sacrifice. A traditional Japanese proverb captures this truth perfectly. "Getting money is like digging with a needle. Spending it is like water soaking into the sand".It reminds that wealth is difficult to build but remarkably easy to lose. What does this proverb mean?The proverb compares earning money to digging the ground with a tiny needle. It is...

2026-07-02T12:47:28Z

5 investing choices that help your wealth grow even if markets don't behave as per your expectations | Personal finance

Investing requires careful planning regarding purpose, timing and risk. Establishing specific financial goals and maintaining consistent contributions.

2026-09-06T16:32:10Z

RBI's rupee rescue isn't over yet. Here's what may come next

The Reserve Bank of India's measures helped the currency rebound from a near record low but analysts are questioning how long the relief can last.

2026-10-15T06:32:15Z

She had a prestigious Wall Street job – two drinks exposed her paycheck-to-paycheck reality

Vivian Tu executed billion-dollar trades for Wall Street hedge funds, yet lived paycheck to paycheck and once had her card declined at a crowded bar. She had to wait until 12:01 for her paycheck to reach her bank account before she could settle the tab. A decade later, she reveals how financial literacy, investing, online banking and modern money tools helped her escape the financial chaos hidden behind an impressive career.

2026-08-20T14:38:08Z

Johnson, Reigns wealth compared: Celebrity Net Worth pegs $800m vs $14m; careers show WWE dynasty split

While Dwayne Johnson and Roman Reigns have both been connected to the Anoa’i wrestling dynasty and WWE, their journeys to financial success have taken different roads. Johnson used his wrestling fame to get into Hollywood, production and consumer brands, while Reigns built his profile through championships, merchandise and endorsements, and their stories illustrate how wrestling success can open doors outside the ring.

2026-10-15T15:36:09Z

India's RBI has spent half of $140 billion FX capital haul in rupee defence, bankers estimate

India has used up about half of the more than $140 billion it mobilised through special measures to bolster its foreign exchange war chest earlier this year, highlighting pressure on the rupee and the central bank’s determination to turn the tide.The Reserve Bank of India’s (RBI) spot market dollar sales to support the local currency, alongside dollar-rupee sell/buy swaps aimed at absorbing surplus rupee liquidity in the banking system, are...

2026-10-15T10:23:31Z

Jharkhand tribal farmer who started with 100 chicks now earns ₹2.23 lakh a year; inspires 30 women

Phool Kumari ventured into poultry farming in 2018 to boost her family's income from their traditional agricultural practices. With a remarkable net income of ₹2,23,400 accumulated from selling adult birds, chicks, and eggs, she not only transformed her family's financial situation but also inspired around 30 tribal women to engage in enhanced backyard poultry farming methods.

2026-10-15T11:43:03Z

Mediclaim rejected over hospital choice, woman gets Rs 1.73 lakh payout

Calling the rejection of an emergency medical claim inhumanity and cruelty , the Ernakulam commission ordered payment of Rs 1.18 lakh in medical expenses and Rs 55,000 in additional compensation and costs.

2026-10-15T10:34:41Z

Man laid off in his 40s reveals 3 things that changed after losing his job: 'It actually has major benefits'

Losing a job in your 40s can bring stress, especially after years of building a career. But one man who went through a mid-career layoff says the experience also changed the way he looks at friendships, money and work.The man, who runs the Instagram account ‘Midlife Reboot’, describes himself as an “18 yrs corporate leader” who was laid off. His profile says, “Proving that a midlife layoff isn’t the end, it’s the reset.”He Says A Layoff Shows...

2026-08-11T03:11:52Z

Why New York mayor Zohran Mamdani wants 15% of whatever NYU’s new quantum lab invents

New York City Mayor Zohran Mamdani has committed $29.2 million to NYU's Quantum Fabrication Facility (QFab) in Manhattan, set to open in 2030. In return, the city gets 15% of NYU's proceeds from intellectual property created with city-funded tools, plus three advisory board seats. Backed by $284 million in total funding, the new quantum lab will train CUNY students and support more than 100 companies.

2026-10-15T12:45:15Z

Economist went looking into Musk’s charitable avatar and this is what it found

The investigation, by The Economist, revealed that Musk Foundation’s leadership comprises just three people: Elon Musk, the head of his family office Jared Birchall, and another family-office employee, Matilda Simon.

2026-10-15T12:46:19Z

Indian-Origin Doctor Says Mom ‘Worked As Babysitter, Saved $10,000’ & Helped Buy First Home 56 Years Ago In The US

For many immigrant families, life in a new country begins with uncertainty, financial pressure and everyday struggles that rarely make headlines. One such story is now going viral on X after a US-based Indian-origin doctor shared how his mother, newly arrived in America in the 1970s, took up babysitting to support the family while his father worked long hospital shifts. This decision eventually helped the family buy their first home in the...

2026-02-10T11:11:57Z

Law student works for Blinkit, reveals day 1 earnings: 'A boon for people like me'

The law student clarified that his LLB remains his primary focus and that he took up delivery work to manage his expenses while continuing his degree.

2026-10-15T11:33:11Z

Jawa, Yezdi, and BSA festive offers announced: zero down payment, 100 per cent funding

Jawa Yezdi Motorcycles has announced festive finance schemes with up to 100% funding, zero down payment and interest rates starting at 5.99%.

2026-10-16T06:12:10Z

Groww shares: Which 3 business segments are brokerages betting on for future growth?

India, Oct. 15 -- Groww's parent company, Billionbrains Garage Ventures, reported largely stable earnings in Q2 FY27, with brokerages remaining positive on its prospects despite pressure on the derivatives business.

2026-10-15T16:09:16Z

5 wardrobe essentials every corporate girl must have to look expensive and polished

If every morning feels like an exam you have to pass with that same question popping like "What should I wear?" and "How do I look good?" you're not alone. For corporate girls, looking polished every day shouldn't be a daily hassle. The trick is owning a few key pieces that do the work for you. Corporate Wardrobe Essentials Here are a few key pieces you need to own to look polished every day, without the daily hassle. 1. Satin Shirt This is the...

2026-09-24T06:17:08Z

India to overtake Japan as 4th-largest economy in 2027 with $4.52 trillion GDP: IMF

India is projected to overtake Japan as the world's fourth-largest economy in 2027, with nominal GDP reaching $4.52 trillion, according to the IMF. The fund raised India's 2026 growth forecast to 7%, while Japan is projected to grow just 0.7%.

2026-10-15T10:25:25Z

Drishyam 3 box office collection day 14: Ajay Devgn film is on the verge of entering Rs 400 crore club in India (gross)

On Day 14, Drishyam 3: The Conclusion collected a net of Rs 4.25 crore across 10,809 shows as per Sacnilk.

2026-10-16T04:02:35Z

How much retirement corpus do you need if you have ₹1 lakh monthly expenses now? Experts say it depends on these factors

Retirement planning involves personalized strategies for investing according to risk appetite and anticipated lifestyle changes. Factors like inflation and healthcare costs must be incorporated into calculating the necessary retirement corpus.

2026-07-03T12:02:15Z

Angel number 1010: Numerology links it to new phases; offers guidance for work and love

Seeing the number 1010 often indicates a period of change or decision-making in a person's life. This number combines the energies of new beginnings and emotional cooperation, influencing personal relationships. Individuals may notice 1010 in various contexts, particularly at work or regarding finances. It serves as a reminder to check old commitments before embarking on new ventures.

2026-10-15T11:23:38Z

7 lucky plants that bring money, positive energy, and calm

There’s something almost magical about walking into a home filled with plants. The air feels lighter, the mood softens, and even the quiet corners seem more alive. Beyond their beauty, many people believe that certain plants carry the power to attract luck, wealth, and good energy. As city living becomes more fast-paced, people are turning to greenery not just for aesthetics but for emotional comfort. Plants help purify the air, reduce stress,...

2025-12-02T07:17:29Z

Psychology says people who can afford expensive restaurants but still feel uncomfortable may have an old money rule holding them back

They have enough money to pay the bill without worrying about rent, savings or next month's expenses. Yet, sitting down at an expensive restaurant brings an unexpected sense of discomfort. They study the menu prices, hesitate before ordering another drink and calculate how many everyday meals the same amount could buy. Even when someone else is paying, the guilt may not disappear. Psychology suggests that being financially secure does not always...

2026-10-15T07:32:27Z

Indian couple spends Rs 50 lakh a year living in Australia, pays Rs 29 lakh in rent alone

Moving abroad often means adjusting to a different cost of living, with housing and daily expenses taking up a significant share of the budget. For an Indian couple living in Sydney, Australia, these costs added up to around Rs 50 lakh over the past year. Vandana and Rajal have shared a breakdown of their spending in a video posted on their Instagram account, @vrfitwanderers. The first and biggest expense was rent. The couple shared, “We live in...

2026-10-15T09:26:42Z

Psychology behind why older people hide their wealth from their children: It has nothing to do with trust or selfishness

Psychology of older people hiding wealth: Elderly Indians often hide financial details from their children. This secrecy stems from a desire for control and fear of becoming a burden. Past scarcity experiences also shape their cautious approach to money. Parents aim to protect family harmony and their provider identity. Open conversations about health and care can alleviate financial anxieties.

2026-07-30T11:03:17Z

India's balance of payments posts USD 45.4 billion surplus in August: RBI

Mumbai (Maharashtra) [India], October 15 (ANI): India’s overall balance of payments (BoP) recorded a surplus of USD 45.4 billion in August 2026, compared with a deficit of USD 5.6 billion in the same month last year, supported by a sharp rise in foreign currency inflows, particularly non-resident Indian (NRI) deposits, according to data released by the Reserve Bank of India (RBI) on Thursday.The sharp improvement comes even as India’s current...

2026-10-15T14:41:45Z

5 business lessons from The Richest Man in Babylon by George Samuel Clason; make your money work for you and more

The Richest Man in Babylon by George S. Clason offers timeless financial lessons through ancient parables.

2026-09-21T18:32:09Z

Who will manage your bank accounts and investments if you become incapacitated someday? Details here

Many overlook financial planning for incapacity, leaving their assets undiscovered. This is what one should do to ensure that their investments reach their family if they become incapacitated and how to trace a person's financial assets if they didn't leave records.

2026-09-14T05:17:12Z

Canadian billionaire and Asian banking titans find ₹1.32 lakh crore worth of interest in India

In recent months, foreign investment in India’s financial sector has grown significantly, resulting in major acquisitions. Fairfax Financial Holdings secured a large stake in IDBI Bank, while Mitsubishi UFJ Financial Group poured resources into Shriram Finance. Additionally, Emirates NBD established a notable presence in RBL Bank. Such initiatives promise to alter the competitive dynamics and improve service capabilities in the Indian banking...

2026-10-15T09:54:15Z

US immigration fee hike takes effect today: Who faces higher charges and what it means for Indians

Certain USCIS fees are rising from October 16, 2026, under an annual inflation adjustment.

2026-10-16T04:48:25Z

Nvidia, Apple each gave $25 million for Trump's ballroom, Washington Post reports

Nvidia and Apple each committed $25 million for US President Donald Trump’s planned White House ballroom, according to a Washington Post report on Thursday that showed $333 million in private donations for the project.The Adelson family, longtime financial supporters of Trump and his Republican Party, committed $25 million as well, as did billionaire Charles Ergen, co-founder and chairman of telecommunications company Dish Network, the report...

2026-10-15T17:47:44Z

Asset rich but cash poor? The retirement trap that could hurt your savings

A person may own a valuable house, land or other investments but still struggle to pay for groceries, medical bills and everyday expenses.

2026-10-13T09:32:13Z

How to detox your money: Try these 5 tricks for one month to understand your finances better

These 5 tricks help ‘detox your money’. You can help reset your spending habits by curbing unnecessary purchases while covering essential expenses.

2026-09-08T18:17:11Z

Daily horoscope today: Delayed money lifts Taurus mood; tip urges calmer reactions

For those under the Taurus sign, today could bring unexpected financial perks from postponed reimbursements, providing a sense of ease. Yet, emotional fulfillment might be hindered by unrealistic expectations. It's essential to engage in open conversations with loved ones to prevent conflict, particularly around children. While persistence is key in work and finance, exercise caution against extravagance. Prioritizing health through stress...

2026-10-15T19:53:33Z

How Akash, Isha Ambani’s missed college assignment led to the creation of Rs 10 lakh crore Jio

A failed college assignment by Isha Ambani helped spark the idea for Jio, which is now preparing for a Rs 30,213 crore IPO at a valuation of around Rs 10.3 lakh crore. Akash Ambani said the proceeds would go towards debt reduction, as Reliance seeks to unlock value from its digital business.

2026-10-15T12:48:41Z

Home loan prepayment or more investing? Here is what your extra money should do

Getting a bonus or a salary hike often brings the same question for homeowners: should the extra money go towards the home loan or into investments? Prepaying gives a guaranteed saving on future interest, while investing gives your money a chance to grow. Neither choice is automatically better. The decision becomes easier when you look beyond the emotional appeal of becoming debt-free. Your outstanding loan rate, tax position, investment...

2026-08-17T05:47:29Z

Railway employees to get Rs 17,591 annual bonus: But why other central government employees get just Rs 6,908

Indian Railway annual bonus: The central government has announced a Productivity Linked Bonus for non-gazetted Railway employees for FY 2025-26. Railway employees will receive a bonus calculated at 78 days' basic wages, amounting to Rs 17,951. In contrast, other central government employees receive a significantly lower bonus calculated at 30 days' wages. Various employee associations have demanded an increase in the bonus wage ceiling due to...

2026-10-15T06:46:10Z

Passenger from Sharjah held with gold paste worth ₹70.81L, detained

Customs officials at Chaudhary Charan Singh International Airport in Lucknow seized 472

2026-10-16T02:25:40Z

NPS charges: ₹20,000 a year on ₹1 crore corpus; what subscribers should know before investing through PoP

Thinking about joining the National Pension System (NPS)? The choice you make between accessing e-NPS or utilizing a Point of Presence (PoP) can greatly influence your overall costs for years to come. Grasping the fee structures associated with PoP and any potential extra charges is vital for both newcomers and seasoned subscribers. Uncover the best approach for your retirement investments.

2026-10-15T01:01:13Z

‘I have no money’: Forbes 30 Under 30 founder Sofia Panwar on embarrassment of financial collapse

Sofia Panwar opened up about the “shame” and “embarrassment” of going from financial stability to relying on government aid in an Instagram video.

2026-10-14T03:18:25Z

Man says travelling in India has become 'expensive' after spending Rs 2.4 lakh for 9-day trip; internet agrees

A man has sparked a discussion about the rising cost of domestic travel after revealing that a nine-day vacation for four people cost him around Rs 2.4 lakh. He said that the trip included stays at 3 to 5-star hotels, a rented car for the entire duration and visits to almost all the major tourist attractions.In a post on X, Suraj Kumar Talreja said, “My recent domestic vacation cost me around ₹2.4 lakh for 4 people. We stayed in 3- to 5-star...

2026-10-15T11:41:50Z