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.

Silver gave 98% returns in 1 year, but investors made just 18%; 56% investments in loss: Report

Silver’s 98% one-year rally has triggered a surge in investor interest, but chasing past gains could hurt future returns. The latest report highlights how FOMO has driven investors into silver ETFs after prices surged, with 56% of money invested over the past year showing negative returns as of July 31, 2026. The data underscores the risks of pro-cyclical investing.

₹20,000 extra every month: Why paying off your personal loan first may win over an SIP

With a ₹20,000 monthly raise, borrowers must choose between repaying a personal loan or investing in mutual funds. Clearing a high-interest loan first can save more in interest and result in a larger investment corpus compared to investing the entire amount monthly.

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.

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....

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 ...

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"...

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...

He was offered $45 million to betray his country - he said no

A single meeting. A $45 million bribe. One decision that helped expose one of the biggest political corruption scandals in modern history. Discover how corruption spreads through governments, why it can devastate entire nations, and what citizens can do to stop it. From South Africa to Denmark, this story reveals the real cost of corruption—and the people willing to risk everything to fight it.

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...

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.

RBI’s $136 billion FCNR mop-up builds forex cushion as global rates and oil prices rise

The RBI's $136 billion FCNR mop-up has provided India with an important foreign exchange cushion amid rising oil prices, bond yields and global volatility. The move is being viewed as a timely shock absorber for the economy as borrowing costs rise globally. Arun Kejriwal, Market Expert, explains why the changing interest-rate environment in the US and Japan could create fresh challenges for global capital flows. With US 10-year yields moving higher and major holders reducing Treasury exposure, the global cost of money is becoming more expensive. The discussion examines what this means for India's economy, currency and financial markets.

Investment: If you invest ₹1 lakh every year, how much money will you get after 15 years? Find out here.

The habit of investing ₹1 lakh annually can build a substantial corpus over the long term. However, the final amount depends on where the money is invested and the returns generated. To understand this, let’s assume you invest ₹1 lakh every year for 15 years. Your total invested amount during this period would be ₹15 lakh. Now, let’s see how much this money could grow if invested in Fixed Deposits (FDs), the National Pension System (NPS), and...

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

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...

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.

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.

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...

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...

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.

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.

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...

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.

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.

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.

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...

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...

PPF: Here's how much investment of ₹2,000 per month earns you — even 5 years’ delay can impact your total corpus

Today, we calculate the minimum amount you would need to invest in your / your child's PPF per month in order to successfully become a “crorepati” over the long run. Below is how the calculation works out for every 5-year delay:

'Even 50 doughnuts can't satisfy you permanently,' says RSS chief on materialistic craving

"We have all material happiness, but this cannot satisfy us permanently. If I like hot, delicious doughnuts in New York, I will eat doughnuts. How many doughnuts can I eat at a time? I don't know, but anyway, a man may eat at one sitting a maximum of 50. After that, he will not require; he will not be able to even see that doughnut. He will say, "No, no, no, keep that away," he said. "The doughnut is the same. What changed? And then, even after eating 50 doughnuts, tomorrow morning I am ready to eat 50 more. So, material happiness is transitory; it cannot satisfy. And if an abundance of material happiness is there, it may fail also. Therefore, there is no satisfaction -- that they learned by experience," Bhagwat added.

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

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.

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,...

Exclusive | Blackstone eyes up to 20% stake in IIFL Finance, sources say

Blackstone is looking to acquire up to a 20% stake in IIFL Finance, potentially marking a significant change in the ownership of the non-bank lender, sources told CNBC-TV18 on September 07.Sources said Blackstone may acquire Fairfax’s entire stake in IIFL Finance. Fairfax currently owns around 13% of the company, although around 2% of that holding was picked up by a global foreign institutional investor during the current quarter.Blackstone may...

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...

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.

RBL Bank approves $1 billion overseas debt programme: What does it mean for investors?

RBL Bank’s board has approved a $1 billion EMTN programme, enabling the private sector lender to raise funds through foreign-currency bonds, notes and other debt securities from overseas markets over time, subject to regulatory approvals and market conditions.

US stocks today: US stocks end higher as strong inflation data cements rate-hike bets

US stocks ended higher on Friday as accelerating consumer prices strengthened expectations of a Federal Reserve rate hike next week. The Dow, S&P 500 and Nasdaq all gained, while Dell surged to a record high. Oil prices fell but remained sharply higher for the week amid concerns over Middle East supply disruptions.

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...

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...

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.

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.

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.

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...

Fed rate-hike bets rise to 85% after hot August inflation data

Recent inflation figures have exceeded expectations, leading many to anticipate a rate hike from the Federal Reserve. Core consumer prices increased more than what economists forecasted last month, and alongside rising oil prices, this trend indicates that inflation is on an upward trajectory. Traders are now estimating an 85% likelihood of a quarter-point increase in the upcoming meeting, with further rate hikes expected in December.

10 of the world's strongest currencies in 2026

It’s amusing when you think about how currency can color a travel experience before you even step off the plane or order your first coffee. Sometimes you glance at the exchange rate and feel like you’re about to splurge just by crossing a border. Other times, the numbers make the destination seem like a bargain.In 2026, the same club of currencies dominates the “strongest” list: the heavy-hitting Gulf currencies, plus the British pound, Swiss franc, euro, and US dollar.But here’s where people sometimes trip up: when we talk about a “strong currency,” we aren’t saying the economy is the largest or that a trip will be cheap (or expensive) for you. This strength simply means the official exchange rate is high, as one unit of currency trades for a lot of US dollars. That doesn’t reveal a thing about how much you’ll pay for hotels or what lunch will cost. Those on-the-ground prices depend on a messier set of factors: wages, taxes, cost of living, and local pricing, none of which you’ll see on a currency chart.However, if you’re thinking about a trip, it’s smarter to ask: how far does your own money go once you land? Just because a Kuwaiti dinar equals more than $3 doesn’t mean Kuwait itself is lavish or cheap. The reality hits when you check hotel listings or restaurant menus. And if you’re, say, traveling from India, it’s not just “which currency is strongest?” — it’s “what does ₹1,000 get me in real life?”Exchange rates for these strong currencies don’t all float up and down daily; several are fixed (or pegged) to the US dollar and barely budge. Still, values can shift. The figures below reflect early September 2026, not forever rankings.Here, we take a closer look at the power players:

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.

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.

REC issues ₹500 crore tokenised corporate bond in India's first SEBI sandbox pilot

State-owned finance company REC Ltd on Monday (September 7) said it has successfully completed India’s first pilot issue of tokenised corporate bonds under the Securities and Exchange Board of India (SEBI) Regulatory Sandbox Framework, raising around ₹500 crore.The issue comprised a base issue of around ₹100 crore and a green shoe option of around ₹400 crore, with bidding undertaken on the Electronic Bidding Platform (EBP) of the National Stock...

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.

$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...