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SGB jackpot: 2018 gold bond matures today; turns Rs 1 lakh into Rs 4.86 lakh

The absolute return per unit stands at Rs 11,837, calculated as the difference between the redemption price and the issue price.


Top 10 richest people in the world (May 2026): Elon Musk sees $35-billion fortune drop despite market surge; Larry Page joins $300-billion club

Top 10 richest people in the world (May 2026) list: Walmart s Jim Walton entered the top 10 for the first time in three years. His wealth rose by $7 billion to $147 billion, putting him at number 10.


Chinese yuan surges as currency war between US and China heats up

The global financial landscape is shifting as the Chinese Yuan gains strength against the US dollar, hitting a near three-year high. Analysts say currency markets are becoming a new battleground between the US and China, with strategic moves impacting global trade and economic power. While the dollar remains dominant, the yuan’s rise signals a slow but significant shift in global financial dynamics.


Putin earns billions from the oil crisis — but Russian financial figures are still sounding the alarm

Imagine getting a surprise bonus at work, only to realize it barely covers your mounting daily debts. Financial pressure is incredibly hard to escape when the underlying foundation is broken. A very similar scenario is happening right now — the scale is much larger, as we are talking about the economy of an entire country. A temporary boost Since t...


Is Gen Z spending real money to look rich online? Here's what financial flexing is costing them

Young adults today are performing wealth as much as they are building it. A fancy dinner here, a designer purchase there, a vacation planned before the credit card bill arrives. For Gen Z, the generation born between 1997 and 2012, the pressure to look financially successful has become just as real as the pressure to actually be financially successful. Social media has turned personal finance into something that is constantly visible, constantly...


How did Trump Media lose $406 million while making less than $1 million?

Donald Trump’s media company has reported a first-quarter loss exceeding $400 million despite generating less than $1 million in revenue during the same period.


How Vijay built and parked his Rs 600 crore wealth ahead of Tamil Nadu election win

As Vijay surged politically in Tamil Nadu, his financial disclosures revealed a strikingly disciplined approach to wealth—prioritising safety, liquidity and selective investments over flashy risks


Mumbai takes it back quietly: Investment banker's ₹1.3 lakh monthly expense breakdown goes viral

From ₹60,000 rent in Worli to ₹10,000 on Uber rides just to save time—Mumbai-based investment banker Yash Verma breaks down his ₹1.3 lakh monthly burn rate, proving that in India’s financial capital, time is the ultimate luxury.


Rupee surges on US-Iran truce hopes, settles 66 paise higher

Cooling of crude oil prices also offset some of the pressure on the Rupee which had its logged the worst performance in 14 years in FY26.


Forex kitty drops by USD 7.79 bln to USD 690.693 bln

Mumbai, May 8 (PTI) India’s forex reserves dropped by USD 7.794 billion to USD 690.693 billion during the week ended May 1, the RBI said on Friday. In the previous reporting week ended April 24, the overall reserves had declined by USD 4.82 billion to USD 698.487 billion. The kitty had expanded to an all-time high of USD 728.494 billion during the week ended February 27 this year before the beginning of the Middle East conflict, which led to...


Can IPOs make you quick money? What investors should know before applying

IPOs, or Initial Public Offerings, are often marketed as opportunities for easy money. Listing gains can give early investors double-digit returns overnight. So should you apply or wait? The answer depends on what you're buying into. What is an IPO? An IPO is the process through which a private company sells its shares to the public for the first time and gets listed on stock exchanges like the National Stock Exchange or the Bombay Stock...


Paytm share price target 2026: Brokerage sees 35% upside for One 97 Communications stock after strong Q4 results - Check why analysts are bullish

Paytm Share Price Target: Paytm turned profitable in Q4 FY26 with strong revenue growth and rising UPI usage. Bernstein sees Rs 1,500 target for 2026, implying 35 per cent upside amid improving fundamentals and long-term gains.


Paytm shares gain 6% after profitability returns in Q4; co hopeful of continued margin expansion

Shares of One 97 Communications Ltd., the parent company of Paytm, gained 6% on Thursday, May 7.The company reported a revenue of ₹2,264 crore in the March quarter, up 3.2% sequentially and up 18.4% from the previous year.Its profit came in at ₹183 crore, which was 18.7% lower than the previous quarter's ₹225 crore and in comparison to last year's loss of ₹545 crore.Paytm's earnings before interest, tax, depreciation and amortization of ₹132...


Mother's Day 2026: Top 5 investment gifts that will give lifelong financial independence for your mom

This mother's day, think beyond regular flowers and chocolates. You can honour her with unique gifts that will ensure her financial autonomy.


10 royal families that secretly ran out of money & 10 that stayed rich

Royal life has always looked like endless wealth from the outside—palaces, jewels, ceremonies that feel untouched by time. But behind the pageantry, money has never been guaranteed, even for those born with crowns. Wars, bad investments, political shifts, and simple overspending have quietly drained fortunes that once seemed permanent. At the same time, other royal families have adapted, modernized, and protected their wealth in ways that keep them firmly in the black. The contrast is sharper than most people expect, with some dynasties clinging to relevance while others quietly run out of cash. Here are ten royal families that lost their fortunes, and ten that managed to hold onto them.


J&K Bank hits historic high, posts record Rs 2,363 cr profit in FY26

The Jammu and Kashmir Bank on Tuesday posted a record profit of Rs 2,363 crore for the 2025-26 financial year, its highest-ever. The bank, which declared the annual results on Tuesday, said it was for the fourth consecutive financial year that the premier financial institute of Jammu and Kashmir posted record profits. The bank registered a year-on-year growth of over 13 per cent in its annual profit when compared to Rs 2082.46 Cr reported for FY...


India tops global remittances: Record $137 billion inflows power external economy in 2024

India has once again emerged as the world’s largest recipient of remittances, receiving over $137 billion in 2024, according to a UN report. These funds sent by millions of Indians working abroad continue to play a crucial role in strengthening household incomes, boosting consumption, and supporting the country’s external economy. The steady inflow highlights India’s deep global workforce connections and its growing economic resilience in an uncertain world.


Why are SIP investors more successful than most market participants?

SIP investors often outperform other market participants because disciplined investing reduces emotional mistakes and timing errors, according to DSP Mutual Fund report. The report also said large-cap stocks currently appear relatively better positioned than small- and mid-caps from a valuation perspective.


Trump’s economic strategy tests strength of dollar

Spanish outlet elEconomista.es reported that despite political pressure from the White House and growing geopolitical tensions, the dollar continues functioning as the backbone of the international monetary system. Trump targets dollar According to elEconomista.es, Trump has increasingly treated a weaker dollar as a political objective, arguing it ...


ED seizes gold, US dollars worth over ₹1 cr from Ashok Kharat’s bank locker

The valuables – comprising gold jewellery worth ₹1.10 crore, $5,500 in cash (worth ₹5.19 lakh at current rates) and silver jewellery worth ₹1.89 lakh – were seized in presence of the godman’s daughter


SIP vs RD: With Rs 10,000 monthly investment, where can you make more money in 10, 15 and 20 years?

Choosing between SIPs and Recurring Deposits (RDs) for regular investment presents a common dilemma. While RDs offer predictable, fixed returns with minimal risk, SIPs in mutual funds, particularly equity funds, have the potential to generate significantly higher corpus over the long term, despite market fluctuations.


What is Roger Federer and Mirka Federer's combined net worth in 2026? Inside the tennis power couple’s $1.1 billion fortune

Roger Federer and Mirka Federer’s combined net worth in 2026 is around $1.1 billion or more, based on Forbes. Most of this wealth comes from brand deals, business moves, and Federer’s On investment. Mirka played a key role in managing his career. Their success shows how smart planning beyond sports can build long-term financial strength.


Silver rate today, May 7: White metal surges for second straight session amid dollar dip; Delhi, Mumbai, Chennai prices inside

Silver Price Today, May 7: Silver prices rose on May 7 as a weaker dollar and lower oil prices boosted demand. Spot silver reached USD 77.83, while Indian rates hit ₹2,65,000 per kg in major cities.


A lottery winner got $16 million - then went $500,000 in debt in 3 months

Winning the lottery sounds like the ultimate escape, but the money can create problems just as fast as it solves them. Experts often advise winners to hire lawyers, avoid scams, protect themselves from harassment, and make careful decisions about spending, debt, taxes, and whether to take a lump sum or annual payments. The transcript highlights one winner who received $16.2 million, then fell $500,000 into debt within just three months. The real lesson is harsh: a jackpot can change your bank account overnight, but it cannot replace discipline, patience, or financial judgment.


Money horoscope, May 4: Financial growth, smart decisions, and career progress ahead

Money Horoscope for May 4 brings positive financial growth and opportunities. While income may increase and pending tasks get completed, some may need to control expenses and handle relationship stress wisely.


Ather Energy jumps 5% to touch all-time high after Q4 loss narrows

Shares of Ather Energy surged as much as 5.15% to hit an all-time high of ₹982.5 on the BSE during the intraday trading today, as investor sentiment turned positive following its Q4 FY26 performance. The stock later pared gains and was trading 1.99% higher at ₹952.9 as of 11:51 IST. The company’s market capitalisation stood at ₹36,357.7Cr (about $3.8 Bn) at the time. The rally was driven by a sharp decline in the company’s loss, strong revenue...


Indian rupee seen broadly steady by currency analysts despite capital outflows: Reuters poll

The Indian rupee is expected to hold its ground against the US dollar, according to a Reuters poll of currency analysts who have clung to the same view despite the currency consistently weakening amid persistent foreign capital outflows from domestic markets.That steadfast outlook is even more striking this year as aggressive intervention by the Reserve Bank of India (RBI) to stem the rupee’s decline has pushed its short dollar position to a...


The financial habits you build in your 30s can shape the next 30 years

Some financial mistakes do not cause immediate damage, which is exactly why they are easy to ignore. Instead, they build quietly over time and become much harder to fix later. For many people, these mistakes begin piling up during their 30s, usually a decade marked by higher incomes, bigger responsibilities and major life decisions. It is also the period when choices around spending, investing, debt and savings can have a long-term impact on...


Millions still rely on cash for 'control and privacy' while more keep an emergency stash at home

Cash usage has shrunk this year but has still been used by three in five people in the past two weeks, exclusive data shows.


Women's savings scheme: Earn high returns with post office investment

Post Office Introduces Women’s Savings Certificate The postal department frequently launches excellent, secure, and high-return schemes for the public. One such initiative is the Women’s Savings Certificate (MSSC), which currently offers an impressive interest rate of 7.5%. This rate surpasses that of fixed deposit schemes offered by other banks. Investing ₹2 Lakhs for Significant Returns If a woman invests ₹2,00,000 for a duration of two years...


Raising financially aware kids: 6 simple ways to involve kids in budgeting

Raising financially aware children is challenging in today's easy-payment world. Parents can foster this by integrating money talk into daily conversations, allowing age-appropriate financial choices, and involving kids in family budgeting. Encouraging goal-based savings and letting children experience the consequences of poor budgeting, while being a positive role model, are crucial for developing responsible financial habits.


Foreign investor share falls to 14-year low; DII ownership rises sharply to steady markets: Report

Foreign investors are significantly reducing their stake in Indian equities, with FII ownership hitting a multi-year low. Concurrently, domestic institutional investors, particularly mutual funds fueled by SIPs, are increasing their holdings, absorbing much of the foreign selling and reshaping market ownership.


Post office scheme: Secure your investment and earn ₹2,32,044 in just 2 years

Understanding the Post Office Scheme If you're looking to invest your money in a secure manner and strengthen your financial position, the Post Office Scheme offered by the Indian government could be an excellent choice. This is particularly true if you aim to accumulate ₹2,32,044 within just two years, making it essential to understand this scheme. What is the Post Office Scheme? The Post Office Scheme comprises government-backed savings plans...


Gold silver rate today (May 7): Metals gain, check current rates across major cities in India

Gold Silver Rate Today: Gold and silver prices traded higher on Thursday, supported by rising crude oil prices, weakness in the US dollar and continued geopolitical uncertainty surrounding the US-Iran negotiations. On the Multi Commodity Exchange (MCX), gold futures for June 5 delivery climbed 0.49 per cent, or Rs 755, to touch an intraday high of Rs 1,52,887 around 10:49 am. The yellow metal also touched a session low of Rs 1,52,400 earlier in...


SBI vs HDFC fixed deposit rates 2026: Which bank offers better interest returns for your savings?

Fixed deposits remain a safe investment in India. SBI and HDFC have updated FD rates, offering varying returns by tenure and category, helping investors choose better savings options.


IIFL Capital Services Q4 results | Net profit falls 10% to ₹115 crore; NII surges 18%

Investment firm IIFL Capital Services Ltd on Monday (April 4) reported a 10.3% year-on-year decline in net profit for the fourth quarter at ₹115 crore, compared with ₹128 crore in the same period last year. Net interest income (NII) rose 17.7% year-on-year to ₹581.55 crore from ₹493.92 crore earlier.IIFL Capital reported consolidated operating revenue of ₹644 crore for the fourth quarter, up 20% year-on-year and 10% sequentially. Operating...


20 GK questions about money, banking and finance with answers | Latest quiz 2026

Take this General Knowledge quiz about money, banking, and finance to test your financial knowledge.


Earning more but still broke? The real reasons your money never feels enough explained

Earning more money does not always reduce money stress. Many people spend more as income grows, and rising costs make it harder to save. Without a proper plan, extra income disappears quickly. Simple habits like saving first and controlling expenses can help build financial stability. Managing money smartly is more important than just increasing income over time for better financial confidence.


Why having all your money invested can still leave you financially stressed since you do not have liquid money at hand

Financially conscious individuals make sure that no amount of money is 'sitting idle.' All extra money is quickly invested and savings made in such a way that there is not much of an opportunity cost to them. Although this seems to be idealistic on paper, it could give rise to another problem altogether. Being asset rich and cash poor can be quite stressful despite having a high net worth. Your net worth does not determine your liquidityIt is...


SCSS account rules: Who can invest, how much interest you get and what tax applies

The Senior Citizens Savings Scheme (SCSS) offers Indian retirees a secure investment with guaranteed returns. Eligible individuals can invest a minimum of ₹1,000, with a maximum limit of ₹30 lakh. The scheme provides attractive quarterly interest payouts and tax benefits under Section 80C.


Stocks to watch today: Paytm, Meesho, Blue Star and more in focus

Several major stocks will remain in focus during the trading session on May 7. Among those which have reported robust Q4 results are Paytm, PB Fintech, Bajaj Auto, Blue Star, Radico Khaitan. Companies such as Brigade Enterprises, Shree Cement, and Kansai Nerolac have announced dividends and bonus shares.


30+ Important Income Tax Terms in India You Must Know

Important Income Tax Terms: In India, income tax plays a significant role in the lives of all working people. Understanding income tax is essential for managing your finances and abiding by the law, regardless of whether you are a freelancer, business owner, or salaried employee. However, especially for newcomers, the terminology used in income tax forms and regulations can frequently seem unclear. Although terms like "capital gains,"...


Buying vs renting a home: ₹1 crore home or ₹5 crore wealth - how the strategy of renting and investing may beat buying a house in India

Buying a home in Indian metros is an emotional decision, but financial realities are shifting. Renting and investing the difference between rent and EMI can build substantial wealth over two decades. Equities offer higher long-term returns than property appreciation. The choice hinges on prioritizing financial optimization or personal stability.


₹2.75 to ₹151.50: Multibagger penny stock turns ₹1 lakh into ₹55 lakh in four years

Magnus Steel and Infra share price, which was once priced at ₹2.77 apiece in May 2022, is now trading at ₹151.50 on the BSE. Here's the share price trend and investment growth of the multibagger penny stock.


Baazar Style, Senco Gold, other stocks jump up to 9% on BJP's early lead in West Bengal elections. Here's why

Shares of Kolkata-based companies surged after early trends in the West Bengal Assembly elections showed a strong lead for the BJP. Stocks like Baazar Style Retail, Senco Gold and CESC rallied on expectations of higher consumption and economic activity, although analysts caution that the market impact may remain short term.


After 43 years, a US family sold their electrical company for $1.7 billion and gave 540 workers $240 million of it

A US-based businessman, Graham Walker, gifted his 540 employees a staggering $240 million from the $1.7 billion sale of his family's company, Fibrebond Corp. This generous act, where workers received an average of $443,000, stemmed from a condition Walker imposed before the sale to power-management giant Eaton.


How UPI is making you overspend without realising – 5 ways to manage

The biggest challenge with UPI is that it removes the 'pain of paying'. When you hand over a physical Rs 500 note, you feel the loss immediately. With UPI, the transaction happens in a split second, and the mental weight of the expense is gone.


I went from Rs 10.25 LPA to 4.75 LPA: Woman takes massive pay cut to transform dad's furniture business

Success is often measured by a rising salary, but not every career move follows that path. A young professional’s decision to take a pay cut and return to a family business is drawing attention for its clear focus on long-term value over short-term gain. In a move that stands apart from the usual race for higher pay, Shifanaz Sharief has explained why she chose to reduce her income to support her father’s long-running business. Sharing her story...


Rupee outlook 2026: Will Indian currency hover around $95 amid Middle East conflict? Check BMI's projection

Rupee Vs Dollar Outlook 2026: The Indian Rupee is likely to trade broadly sideways at around Rs 95 per US dollar by the end of 2026, from its current level of Rs 95.20 per US dollar, with the Iran conflict expected to weigh on its value, BMI said on Wednesday. However, slowing profit repatriation and central bank currency intervention will limit the pace of rupee depreciation, the Fitch group company said in a report. The US-Iran conflict has...


Raising a family and managing finances: Money lessons from modern mothers

Managing a family’s finances has become more demanding in recent years. Rising living costs, education expenses, healthcare needs, and changing lifestyle expectations have made financial planning an everyday responsibility. In many households, mothers play an important role in balancing these priorities while planning for long-term stability. Modern motherhood today is not only about managing expenses. It is also about making practical financial...