Middle-class mindset vs. wealth mindset: CA explains the shift that changes everything

CA Nitin Kaushik argues that true wealth stems from structure and ownership, not just higher salaries. Generational wealth is built through long-term asset appreciation and strategic planning, contrasting with the middle class's focus on income. He emphasizes that disciplined asset acquisition and thoughtful expense conversion, rather than sheer hard work, pave the path to financial freedom and stability.

10 inventions that completely transformed how you save, spend and grow money

Made of money! Billionaire club hits record high — here's how much their children will inherit over next 15 years

Global billionaires have reached an all-time high in 2025, with their wealth soaring to $15.8 trillion, largely driven by tech gains in AI. Despite this boom, concerns about tariffs and geopolitical tensions persist. A significant wealth transfer is also underway, with trillions set to pass to heirs in the coming years.

Numerology horoscope, December 11, 2025: Number wise money predictions for 1 to 9

Daily Numerology for 11 December 2025 offers personalised financial guidance for each number from 1 to 9. Today’s predictions highlight money flow, investment choices, opportunities and caution for different birth numbers. Number 1 (People born on 1, 10, 19 and 28 of any month)Ganesha says today is an extremely auspicious day from a financial perspective. You will experience new energy and motivation in your financial plans today. Your hard work...

Top 10 companies in India by market capitalisation: Reliance leads, firm at #2 valued at Rs 16.323 lakh crore; check full list

Top 10 companies by market cap in India in 2025: Last week, five of the 10 most-valued companies increased their market worth, adding a combined Rs 72,284.74 crore. TCS and Infosys contributed the most to this rise.

Bank of America outlines headwinds for Indian rupee, cites capital flows and Fed policy as key factors for 2026

The Indian rupee faces a challenging path in 2026, with its performance heavily dependent on the interplay between domestic balance of payments, global capital flows, and the direction of the US monetary policy. Speaking with CNBC TV18, Patrick Law, Head of Asia Pacific Fixed Income, Currencies and Commodities at Bank of America, noted that after several years of strong performance, India has had a relative 'write-off' kind of year. Its currency...

Jhunjhunwala family, Madhu Kela queue up to pick ICICI Prudential AMC stake ahead of IPO

ICICI Prudential Asset Management Company's mega IPO has attracted 26 marquee investors, including the Jhunjhunwala family and top HNI investor Madhu Kela. In a pre-IPO round, UK's Prudential Corporation has divested 4.5% stake for Rs 4,900 crore at the upper end of the price band at Rs 2,165 per share.

US Fed cuts rates for third time in a row: What it means for your money

The US Federal Reserve reduced its key interest rate for the third time in a row on Wednesday. It also signalled that it may leave rates unchanged in the coming months.

Wall Street indexes rally after Fed cuts interest rates

Wall Street surged Wednesday as the Federal Reserve delivered a widely anticipated quarter-point rate cut. Investors are now anticipating further easing, despite the central bank signaling a pause. Fed Chair Powell's comments on labor market risks fueled optimism for future rate reductions, boosting stocks and pushing Treasury yields lower.

Financial Planning For Couples: Money Habits To Build Before Marriage

Marriage marks the beginning of a shared journey, where financial understanding is just as important as emotional connection. Clarity on day-to-day money habits strengthens a marriage and sets the foundation for trust. Couples today want transparency, balance, and fewer surprises. To support that goal, here are some simple habits that can make routine money decisions easier and help both partners feel more secure. Be honest about your financial...

SBI Mutual Fund begins process to rope in merchant bankers for IPO

SBI Mutual Fund, the biggest fund house, has initiated the process for the appointment of merchant bankers and other service providers to facilitate an initial public offering (IPO).

Indian stock market: 8 key things that changed for market overnight - GIFT Nifty, US Fed rate cut to crude oil

Indian stock markets are poised for a strong open on December 11, following the Federal Reserve's third consecutive rate cut. Asian markets rallied, and Gift Nifty futures indicate a positive start for Sensex and Nifty 50, despite recent declines.

Rs 2 Lakh Lump Sum Investment: What It Can Grow Into In 10, 15 And 20 Years

Even smaller amounts invested two or three times a year can significantly enhance the growth of your portfolio, acting as an extra boost for your wealth.

₹0.05 to ₹29.80: Multibagger penny stock turns ₹1 lakh into ₹5.96 crore in five years

On Friday, the multibagger penny stock rallied as much as 5% to ₹29.80 on BSE. The penny stock has more than quadruped its investors wealth by surging nearly 59,500% in last five years.

Silver scales fresh peak of Rs 1.91 lakh/kg in futures trade on Fed rate cut hopes

New Delhi, Dec 10 (PTI) Silver prices hit a fresh record high of Rs 1,91,800 per kg in the futures trade on Wednesday on strong investor demand and expectations of an interest rate cut by the US Federal Reserve

A simple 5-step financial plan that actually works

Financial success requires five simple steps: term insurance for earners, family health coverage, NPS for retirement, children's savings schemes, and a six-month emergency fund. These basics cover 99% of financial planning.

UAE Central Bank cuts rates again, making mortgages and car loans cheaper in 2026

The UAE Central Bank has lowered its base rate by 0.25 percentage points, aligning with the US Federal Reserve's move to maintain the Dirham's peg. This policy easing aims to support economic growth, making borrowing cheaper for individuals and potentially boosting the real estate market.

PM Modi initiates 'Your Money, Your Right' campaign: Reclaim Rs 1 lakh crore in forgotten assets – here's how

Prime Minister Narendra Modi is addressing a significant issue concerning over Rs 1 lakh crore in unclaimed financial assets in India, including savings, insurance payouts, and investment returns.

Gold at Rs 1.5 lakh in 2026: Kotak forecasts prices entering new orbit on rate cuts, dollar risks

"Gold is entering a 'higher-for-longer' regime, and may scale $5,000 over the next year," Kotak Securities said.

Wealth quote of the day by JP Morgan: Money equals business which equals power, all of which come from character and trust

Financier J.P. Morgan believed character and trust were key to money and power. His wisdom guided generations. Morgan helped the USA during the 1907 financial panic, preventing collapse and leading to the Federal Reserve.

PPF: What Is This, Features, Interest Rates, Tax Applicability And How To Open

A Public Provident Fund (PPF) is a long-term savings scheme backed by the Indian government. It encourages small savings by offering stable returns and tax benefits. It is a popular choice for those seeking a safe, risk-free investment over time.What is the Public Provident Fund?PPF is a 15-year fixed-term savings plan introduced by the government, offering guaranteed returns that are not linked to market fluctuations.You deposit money in your...

Good money managers: Smart money moves for modern women - top 6 points

Women possess strong financial management skills but are often sidelined in critical decisions, limiting their freedom. This article provides a roadmap for women to actively participate in financial discussions, master money management basics, and leverage joint property ownership and women-specific financial products to achieve true financial independence and control their destiny.

How to use a savings account interest calculator to maximize savings

India, Dec. 5 -- A savings account is often the first step towards building healthy financial habits. Yet many people simply park money in it without checking how much interest they can actually earn. A savings account interest calculator helps you see the real growth of your money, so you can plan better and make smarter decisions.

How are Indians spending their money? Report reveals a shift towards vehicles, mobile phones & more— here's why

Indian households are shifting their spending from necessities to durable assets, such as personal goods and appliances, driven by improved financial access and increased awareness. The trend shows significant urban-rural convergence, particularly in vehicle ownership.

Gold-silver ratio in India at 68! What does it signal about gold, silver rates in the near term?

With the gold-silver ratio in India at 68, experts predict potential corrections but maintain a positive outlook for both metals. Demand for silver is surging due to industrial use, while gold's support remains from central bank buying. What does this mean for investors?

How to get a free £200 in time for Christmas by switching bank account

Two banks are offering current account switching deals which would see a cash bonus land before Christmas.

How newlyweds can avoid money conflicts with five simple financial planning steps

Money trouble in a new marriage rarely starts with something dramatic. It starts with tiny things. One person feels the other is spending “too much” on weekends. A credit card bill appears that nobody had spoken about. A parent asks for help and the other partner hears about it only when the transfer is done. None of this means the relationship is weak. It usually just means the money side of the marriage has been left to run on guesswork....

Gold rate today 11th December 2025: Gold is up by 0.58%; check prices in Mumbai, Chennai, Delhi, Bengaluru

11th December 2025 Gold Price Update - Gold rate in India moved up by 0.58% over its previous close. Check the latest 18K, 22K and 24K gold price in major cities in India and Dubai.

Wealth Builders: Five Best Alternatives To Fixed Deposits for Indian Investors

Real Estate Investment Trusts (REITs), Public Provident Fund (PPF) and debt mutual funds are some of the alternatives to investing in FDs.

A beginner-friendly guide to investing in bonds through online platforms

For years, bonds felt like an exclusive corner of the investing world. People associated them with institutions, seasoned investors or someone who had a wealth manager guiding decisions quietly in the background. But things have changed. A new wave of online bond platforms has made debt investing available to regular investors — the same way mutual funds and stocks opened up years ago. You don’t need a broker on call anymore; you need a phone, a...

Fed cuts a booster dose for Indian markets? Cheer eluded D-Street in past five instances

When rates are cut, money typically moves out of safe dollar assets like US Treasury bonds into riskier, high-return bets in emerging markets, including India.

Kaynes Tech set for 48% upside ahead? 5 reasons why ICICI Direct is bullish

ICICI Direct sees 48% upside for Kaynes Tech despite disclosure lapses; learn why the brokerage stays bullish and consider your investment options.

Yes Bank shares edge higher after block deal; key details and technical outlook

In a significant strategic move, Sumitomo Mitsui Banking Corporation (SMBC) completed the acquisition of a 20 per cent stake in YES Bank on September 17, 2025. SMBC subsequently increased its holding by 4.22 per cent, bringing its total stake in the bank to 24.22 per cent, strengthening its position as a key stakeholder.

From spending to managing: Why women must take charge of money and financial decisions

Women may be dealing with money in terms of bargaining for the best deal for what they buy. They may be allocating money for various competing expenses, and may be comfortable hoarding money in physical assets like gold. Have we somewhat normalised this association, where women’s efficiency is measured merely with respect to her spending decisions?

How much money does a YouTuber make after getting the golden play button?

YouTube is not just for watching videos anymore. It has become a big way for people to earn money and get fame. Every day, millions of creators upload videos, and many of them earn a good income from it. When a channel grows, YouTube also gives Creator Awards. A Golden Play Button comes when a channel reaches 1 million subscribers. But many people wonder how much a creator earns after getting this golden button. Here is a simple explanation of...

SGB premature exit today: Investors set to gain 4x in 5 years as RBI announces SGB 2019–20 Series I redemption price

RBI has announced the premature redemption price for the Sovereign Gold Bond (SGB) 2019–20 Series I, and the numbers are eye-popping. This tranche—issued in June 2019—has now completed its five-year lock-in, and those opting for early exit on December 11, 2025 will walk away with returns most investments can only dream of. The RBI has fixed the redemption price at Rs 12,801 per unit, based on the simple average of 999-purity gold prices...

Newly-listed Meesho shares up for 2nd day, rise up to 4% as firm invests Rs 2,890 crore in marketplace unit

The shares of Meesho rose up to 4 percent on December 11, a day after they made a strong debut on stock markets. This comes as the company announced an investment of Rs 2,890 crore through a rights issue. The shares of the company rose to Rs 176.75 apiece in the early trading hours of Thursday. Meesho to invest in subsidiary through rights issue:Meesho in an exchange filing released on December 10 announced that the company will invest up to Rs...

Bank of India's record bond issue: Rs 2,500 crore raised at 7.28% p.a!

Kolkata/IBNS, Dec. 11 -- Bank of India, a leading Public Sector Bank, has raised Basel III compliant Tier II bonds of Rs. 2,500 crore @ 7.28% p.a, on Wednesday through NSE Electronic Bidding Provider Platform.

Vietnam raises $302 million in government bond auction

Vietnam's State Treasury raised 7.95 trillion dong ($302 million) in a weekly government bond auction on Wednesday, up from $298 million raised last week, with the coupon for 10-year bonds hitting the highest this year.

Explained interview | What China’s record $1 trillion trade surplus says about its economy, and the world

What does the milestone mean for global trade, and is the data all good news for China? In this interview, Lizzi C. Lee, a Fellow at the Center for China Analysis, Asia Society Policy Institute, Washington DC, explains how to read the figure.

MOSL wealth creation study 2025 | India will have a $10 tn market in 4-5 years: Raamdeo Agrawal

Delhi police bust illegal currency exchange, recover Rs 3.5 crore in demonetised notes; 4 arrested

Decovered demonetised currency notes of Rs 500 and Rs 1,000 with a face value of more than Rs 3.5 crore and arrested four men allegedly involved in an illegal exchange racket, officials said on Wednesday. According to police, a team from PP WPIA conducted a raid near Shalimar Bagh Metro Station Gate No. 4 based on secret information and apprehended four accused: Harsh (22), Tek Chand Thakur (39), Lakshya (28) and Vipin Kumar (38). Two vehicles...

India’s mutual fund penetration to double, marking one of the biggest shifts in the country’s investment habits

New Delhi: India’s mutual fund penetration is expected to double from 10 per cent to 20 per cent over the next decade -- marking one of the biggest shifts in the country’s investment habits, a new report said on Tuesday. This projection comes from the ‘How India Invests 2025’ report released by Bain & Company in partnership with Groww, which says t...

Broking will remain 'strong core' but lending, other businesses growing as well, says Angel One CEO

Angel One’s core will continue to be its brokerage business despite regulatory headwinds hitting revenue, CEO Ambarish Kenghe has told Moneycontrol, adding the changes have pushed the company to lay the ground for lending and wealth management verticals. "You will see that broking may continue to remain a strong core but we are sowing the seeds for other businesses. We are starting to see other things rise. When we look at a five-ten-year...

I paid off £85k of debt by getting money-savvy – here are my 13 golden rules

Apple Tap to Pay feature released: How it works and which platforms support it

Apple has launched Tap to Pay on iPhone in Hong Kong, allowing merchants to accept contactless payments easily. Merchants with an iPhone 11 or newer, running the latest version of iOS, can start accepting payments using built-in NFC technology.

Power of compounding: Multibagger stock turns ₹1 lakh into ₹1.20 crore in six years

Looking at the share price history of Jindal Photo, the stock has remained in green and given significant returns despite market volatility.

US Fed FOMC meeting outcome: Jerome Powell cuts rates by 25 basis points to 3.50-3.75%

US Fed FOMC Meeting Outcome: The last top-line data the Fed received on inflation and jobs, its two main areas of concern, was for September, when the unemployment rate rose slightly to 4.4%, and the central bank's preferred measure of inflation was at 2.8% versus its 2% target.​​

High stakes, high pay: 9 law specialisations with high earning potential

Some areas of law offer high stakes and even higher rewards. With fields like corporate law, technology, and healthcare, these specialisations not only challenge top solicitors but also deliver impressive financial rewards. Here’s a look at 9 high-paying paths in law.

Attar vs oud: What’s the real difference?

Attar and oud aren’t the same thing at all. They’re connected, sure, but they differ in how they’re made, how they smell, and how they’re used. Let’s break it down in a simple, friendly way - so the next time you buy perfume, you’ll know exactly what magic you’re paying for.