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Gold price today, August 12: Bullion nears $4,400 as dollar weakens; US CPI, PPI data in focus

Gold Prices Today: Gold prices ticked higher to USD 4,400 as a weaker dollar supported bullion, while investors awaited US CPI and PPI data. Rising crude prices capped gains amid geopolitical tensions.


PNB's new money move: Wealth services coming soon - What customers get

Punjab National Bank plans to launch wealth management services by December to boost non-interest income, while expanding credit cards and targeting over Rs 20,000 crore profit in FY27.


SpaceX advances $1 trillion revenue target to 2030, Musk says

Speaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, adding there was “a non-zero chance” it could happen as early as 2029.


Korean Kanakaraju Box Office Collection Day 5: Varun Tej's Film Sees Dip; Check

Korean Kanakaraju Box Office Collection Day 5: Varun Tej's new film, 'Korean Kanakaraju', is doing well in theatres. But how much has it really made in five days? Here's a look at the numbers


Young women must learn money management early

This article is authored by Shalini Kalra Sahi, fellow (FPM), Management Development Institute Gurgaon.


Why is the US saving the yen? Treasury tells banks to stand ready for massive action | TDJ News

Why Is the U.S. Saving the Yen? Treasury Tells Banks to Stand Ready for Massive Action | TDJ News


Retiring with ₹75 lakh? Experts reveal how much to keep in cash and where to invest the rest

Retiring with ₹75 lakh? Here is a practical retirement corpus allocation across cash, bank FDs and equity mutual funds, balancing emergency needs, regular income, inflation protection and long-term financial stability.


Bank of India Liquid Fund leads liquid mutual funds in three-year CAGR returns; delivers 7.0% gain

Among liquid mutual funds that meet the screen used for this ranking, Bank of India Liquid Fund is at the top on three-year CAGR returns. The fund delivered 7.0 percent, ahead of Franklin India Liquid Fund-Super Inst at 6.9 percent and Axis Liquid Fund at 6.9 percent, according to ACE MF data on August 10.The ranking considers only schemes with assets under management of at least Rs 1,500 crore. Among the top five funds that meet this criterion,...


Has India crossed Pak to become World Bank's largest borrower? Yes, no, and the truth

Former Prasar Bharati CEO Jawhar Sircar suggested that India surpassed Pakistan to become the World Bank's largest borrower. While this is true, it is only half the story. India became the World Bank's largest borrower in 1969. Here's how the quantum surged after 2010 and is on the decline since 2023.


How GenZs can build wealth starting from first paycheck— Expert lists 5 steps on financial planning

Young people often struggle with how to allocate salary between SIPs and emergency funds. Expert advises prioritizing a strong financial foundation, making informed investment choices, and maintaining discipline for long-term wealth.


India approves field trials for 1 billion polymer banknotes of ₹10 and ₹20

The government has approved a proposal to roll out one billion polymer banknotes each in the ₹10 and ₹20 denominations for field trials, Parliament was informed on Tuesday.The announcement marks a significant step towards testing an alternative to India's current paper-based currency system, at least for these two lower-value denominations.The Reserve Bank of India (RBI) had forwarded the proposal to the government under Section 25 of the RBI...


The tax rises that could be in October’s budget – and how to prepare

Experts believe the upcoming Budget could see another 'smorgasbord' of small tax changes


Can the cost of living decide the 2026 US midterms? Morgan Stanley flags energy prices as a key risk

The 2026 midterm elections may hinge on the visible impact of inflation and energy prices on household budgets, influencing voter sentiment and the political fate of the party in power.


The hidden financial curriculum of studying abroad

Indian families often overlook financial planning while preparing for overseas education, despite its high cost. Early forex planning, comparing remittance options, budgeting for currency fluctuations and maintaining emergency funds can reduce expenses while helping students develop lasting financial management skills.The Hidden Financial Curriculum of Studying Abroad


Psychology says people who try to save every penny they can aren't just trying to build wealth — what this behavior means and teaches us

Psychology says people who try to save every penny they can aren't always making financial decisions based only on budgeting. Their behavior can be linked to anxiety, fear of uncertainty, past financial experiences, a scarcity mindset, loss aversion, and a need to feel control and safety.


Ankur Warikoo shares 5 money rules that helped him build wealth after age 40

Entrepreneur and bestselling author Ankur Warikoo has shared the five money rules he and his wife Ruchi follow as a family. From investing before spending to avoiding lifestyle inflation, his post explains how the couple built wealth after years of having very little and why experiences matter more than possessions.


Economic Buzz: Singapore current account surplus rises to SGD 37.08 billion

Mumbai, Aug. 12 -- Singapore's current account surplus climbed to SGD 37.08 billion in Q2 2026 from SGD 30.52 billion a year earlier, supported by a stronger goods surplus as exports surged. The se...


Will UPI MDR add extra cost to your monthly SIPs? Plan type and investment mode matter, say experts

Mutual fund investors could face additional costs if UPI MDR is introduced on such transactions under the new framework. The impact may vary depending on the investment plan, payment mode, transaction size and who ultimately bears the cost.


Global market: Singapore's OCBC, UOB Q2 profits rise as wealth business cushions impact of lower interest rates

Singapore's OCBC and UOB banks have exceeded expectations with their second-quarter earnings, showcasing resilience amid lending income challenges. OCBC achieved a record quarterly net profit, while UOB surpassed analyst forecasts. The first half saw substantial growth in wealth management income, prompting both banks to declare higher interim dividends for their shareholders based on these impressive results.


Madhuri Dixit and Shriram Nene sell Juhu apartment for Rs 4.4 crore, earn over double returns on investment

A Mumbai property transaction involving Madhuri Dixit and Shriram Nene has come into focus as their Juhu apartment was sold for Rs 4.4 crore. The deal highlights the growing value of premium properties in one of the city's most sought-after neighbourhoods.


ETMarkets Smart Talk | India is 'pricey', not expensive: Mark Zuckerberg's Harvard classmate Vikas Pershad on investing

Pershad, who has been investing in Indian equities for nearly three decades, believes investors need to look beyond short-term market noise and focus on long-term earnings growth, return on equity and structural changes in the economy.


Intel’s $15 billion stock sale. Why shares fell despite AI boom

Intel shares fell after the company announced the offering, as investors worried about share dilution


Katie Piper: The one thing I’ve learned about money that every woman needs to know

A brutal attack changed Katie Piper's life – and the way she thinks about money


Norway wealth fund holds $1.2 bln stake in SpaceX

It held a ​1.28% stake worth $62 billion in Nvidia, a 1.24% stake worth $52 billion in Apple, a 1.17% stake worth $50 billion in ​Alphabet, a 1.27% stake worth $35 billion in ⁠Microsoft and a ‌1.7% stake worth $34 billion in Taiwan Semiconductor ​Manufacturing, ​fund data showed.


Elon Musk lost trillionaire status but added ₹8,000 crore daily since July 2025, check his 2026 net worth

Elon Musk momentarily became the world's first trillionaire when SpaceX went public on June 12.


Financial horoscope today, August 12, 2026: New opportunities for profit may arise in Virgo, find out what your sign says

Today's Financial Horoscope, August 12, 2026: Virgo individuals will need to maintain clarity in financial discussions. New opportunities for profit may arise. There will be an emphasis on strengthening financial arrangements. Ease in commercial activities may increase. Efforts made in a planned manner will help strengthen the financial aspect.


IFCI Q1 results: Revenue declines, profit improves sequentially to ₹60 crore

IFCI's Q1FY27 results show a sequential rise in net profit to ₹60.27 crore but a flat year-on-year comparison. Revenue fell 20% to ₹358 crore, and concerns arise as its Capital Risk Adequacy Ratio remains at negative 17.58%, below regulatory requirements.


Wall Street drifts near its all-time high as oil prices keep swinging

NEW YORK: U.S. stocks are hanging around their records on Tuesday, while oil prices keep swinging on uncertainty about when the war with Iran will allow crude to flow freely again. The S&P 500 fell 0.2% and remained near its all-time high set on Friday. The Dow Jones Industrial Average was down 67 points, or 0.1%, as of 12:26 p.m. Eastern time, and...


Gold rate today (August 11, 2026): Check 24K, 22K, 18K prices in Delhi, Mumbai, Kolkata, Chennai, Lucknow and other major cities

Gold Rate Today (August 11, 2026): Gold prices climbed again on Tuesday, with MCX futures gaining 1.31%. Check the latest 24K, 22K and 18K gold rates across Indian cities.


Oil prices hold steady after jumping 5 per cent, while Asian shares are mixed

Bangkok, Aug 11 (AP) Shares were mixed in Asia, while oil prices were holding steady Tuesday after jumping the day before as uncertainty persisted over when the Strait of Hormuz could reopen and get the global flow of crude going again. US futures edged higher. Brent crude oil was unchanged at USD 87.72 a barrel, while US benchmark crude also was flat at USD 82.13 a barrel. Brent surged 5 per cent on Monday. It swung between USD 72 and USD 102...


World markets mixed as oil and gold rise ahead of US inflation data

Oil prices climbed and Wall Street pulled back from record highs, while South Korea's Kospi surged more than 4% on renewed chip-buying, as markets brace for a crucial US inflation reading. View on euronews


India growth resilient; FCNR inflows seen at $80-90 billion, says Nomura’s Robert Subbaraman

Nomura has raised its estimate for the foreign currency non-resident (FCNR) inflows to $80-90 billion from its previous $55 billion, which the brokerage's head of global macro research Robert Subbaraman said will provide significant support to the rupee and give the Reserve Bank of India (RBI) more room to manage currency pressures.Subbaraman remained constructive on India’s economic outlook as he said strong growth, relatively benign inflation...


Keke Palmer was supporting 5 people as a teenager - then she finally broke down

Keke Palmer opens up about the hidden emotional cost of becoming a child star and carrying her family out of poverty at a young age. From growing up in a struggling neighborhood in Illinois to becoming the breadwinner through movies, television, and Nickelodeon fame, Keke explains how survival mode slowly took over her entire identity both on and off camera. The video explores the pressure of supporting her family for over 20 years, the emotional exhaustion that came with constantly “performing,” and the moment her young son unintentionally forced her to confront the trauma she had buried for years. It’s a powerful story about childhood responsibility, burnout, generational survival, and finally learning how to rest after spending a lifetime trying to save everyone else.


Rupee hits 1-month closing high despite RBI repo rate pause; sliding crude oil prices help

The currency opened 0.5% stronger at 94.92 against the US dollar, its highest level since July 1. It later gave up nearly half of its early advance to settle at 95.1175 per dollar, its strongest closing level since July 7.


Dollar drifts higher as traders eye Iran talks ahead of US jobs data

The dollar surged on Friday, gaining strength over the yen and euro as uncertainties regarding a peace deal in Iran heightened demand for safe-haven assets. Support for the dollar was also found in increasing Treasury yields due to expectations of forthcoming rate increases. Market participants are eagerly awaiting the U.S.


Homemaker to financially independent: How to build your own Rs 25 lakh corpus

80th Independence Day: The milestone of saving Rs 25 lakh can be achieved over a long period. Rather than waiting for a large surplus of money, you should start saving with a small amount.


RBI sees inflation risks — but growth comes first

With global inflationary risks rising, in the coming months we could see a rate hike by the US Federal Reserve and further rate hikes by the ECB and the BoJ. This in turn could put some weakening pressure on the Indian currency


The new retirement strategy? Spending it all before you die

Forget leaving an inheritance for the children


The biggest financial mistakes people make in their 40s and 50s

Neglecting your pension, avoiding writing a will and ignoring your investments are just some of the most common mid-life money blunders - here's how to fix them


Morgan Stanley, Aditya Birla Fund Life AMC, ICICI Prudential AMC buy Rs 118 crore Metropolis shares from promoters

Morgan Stanley, Aditya Birla Sun Life AMC and ICICI Prudential AMC acquired shares worth Rs 118.44 crore in diagnostic chain Metropolis Healthcare from promoter entities through open-market transactions on August 11. Shares of Metropolis Healthcare corrected 1.12 percent to close at Rs 566.25 on the National Stock Exchange following the block deals. The stock, however, has maintained its higher-high, higher-low structure. Promoter entities Duru...


Rupee falls 13 paise to settle at 95.43 against US dollar

The rupee declined 13 paise to settle at 95.43 (provisional) against the US dollar on Tuesday, tracking a sharp rise in global crude oil prices amid geopolitical uncertainties.However, recent foreign capital inflows provided some support to the local unit, forex traders said.At the interbank foreign exchange market, the rupee opened at 95.38 against the US dollar and traded in a very narrow range of 95.37-95.45. Eventually it settled at 95.43...


R Madhavan questions if wealth truly brings more happiness

Viral podcast clip: A past conversation between R Madhavan and Ranveer Allahbadia on money and happiness is drawing renewed attention online. Beggar vs businessman: Madhavan compared a beggar finding Rs 100 to a businessman making Rs 20,000 crore to question if wealth proportionately boosts happiness. Conditioning shapes joy: He stressed that aspirations and satisfaction are products of upbringing and environment, not just financial figures.


No luxury cars, one house and 116 days of travel: Ankur Warikoo and wife Ruchi’s 5 money rules on investing, wealth, spending and financial freedom

Ankur Warikoo and wife Ruchi reveal five personal money rules, from avoiding luxury cars and investing most of their income to travelling 116 days, prioritising health and embracing lifelong learning while building wealth and financial freedom.


MCX share price gains 2% after SEBI proposes to widen FPI access in commodities market; JP Morgan lifts target

Sebi issued a consultation paper, proposing to allow Foreign Portfolio Investors (FPIs) to participate in non-cash settled, or physically settled, non-agricultural commodity derivative contracts traded on domestic exchanges, subject to a set of safeguards.


Slice posts Q1 profit of Rs 51 crore as banking pivot gathers pace

Slice’s Q1 results come as the company explores a $50-100 million fundraise at a valuation below $1 billion, ET reported in April. If completed, the round would mark a drop from its last-known $1.3 billion valuation, as Slice expands its digital banking business across lending, deposits and UPI-led payments.


Rhea Chakraborty reveals she earned ₹3 lakh per month as a VJ at age 17, spent the money on fixing her face

Rhea Chakraborty revealed that the first celebrity she ever met was Salman Khan when she was a VJ at the age of 17-18.


LITE stock gains then fades after-hours as $7.2B loss overshadows beat

Lumentum Holdings incurred an unadjusted net loss of $7.2 billion in Q4, caused by a one-time, non-cash $7.8 billion charge from converting certain 2026, 2028, and 2029 convertible notes into common shares.


NBCC Q1 results: Profit rises 17% as margins expand; revenue declines

NBCC's revenue saw a 6% decline to Rs 2,260 crore, compared to Rs 2,392 crore in the year prior as per its Q1FY27 financial results.


Why MCX shares are up 3% today; what Jefferies, Morgan Stanley, JPMorgan say

MCX shares rose 2.73 per cent to hit high of Rs 2,965 on BSE. The scrip is up 34 per cent in 2026 so far compared with a 8.7 per cent drop in the BSE Sensex.


Same mutual fund, same SIP, same 10 years—but one investor earned Rs 3 lakh more. Here’s why

Additionally, there are regulatory changes, such as when SEBI revises the Total Expense Ratio (TER) framework or prescribes new limits and guidelines. AMCs are required to align their expense ratios with these regulations.