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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...

2026-08-11T17:13:14Z

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.

2026-08-06T15:20:19Z

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.

2026-08-07T02:33:42Z

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.

2026-08-11T23:01:39Z

2026-08-05T12:02:04Z

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

2026-08-05T11:49:38Z

India soon to have plastic notes as RBI's proposal for polymer banknotes approved; what govt said in Parliament

The Union Finance Minister on Tuesday informed the Rajya Sabha that the government has authorised field trials for one billion polymer banknotes in Rs 10 and Rs 20 denominations. Following a proposal from the RBI Board under Section 25 of the RBI Act, 1934, these notes will undergo testing before potential regular issuance upon successful trial completion. "The proposal has been approved by the government. As per the RBI, these polymer banknotes...

2026-08-11T10:51:02Z

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.

2026-08-12T02:33:43Z

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

2026-08-01T06:34:42Z

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.

2026-08-12T05:59:51Z

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.

2026-08-12T03:53:45Z

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...

2026-08-11T06:41:47Z

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.

2026-08-11T10:17:10Z

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.

2026-08-11T14:08:06Z

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.

2026-08-12T02:39:09Z

Independence Day 2026: Sabse bada rupaiyah! The rupee's journey to becoming truly Indian

Know about history of Indian rupee: India's currency evolved from diverse regional money to a unified rupee. The Reserve Bank of India was established in 1935 to manage currency issuance. Decimalisation in 1957 changed how Indians counted their money. Today, digital payments and CBDC are transforming transactions. Polymer banknotes are now being trialled for future use.

2026-08-11T08:33:19Z

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.

2026-08-08T17:38:34Z

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.

2026-08-11T10:15:08Z

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.

2026-08-06T14:11:12Z

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.

2026-06-29T09:16:49Z

Fusion Finance shares a buy after Q1 results? What CLSA, ICICI Sec, IIFL, MOFSL, JM say

Fusion Finance share price: Out of seven brokerages that came out with revisit their calls on the stock post Q1 results, six gave 'Buy' or 'Accumulate' rating, while one recommended 'Neutral' on the stock.

2026-08-11T10:44:50Z

2026-08-05T14:09:38Z

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.

2026-08-11T17:47:11Z

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...

2026-08-11T17:40:29Z

2026-08-11T16:15:47Z

Manappuram Finance Q1 net profit zooms over 4x on higher NII; ₹1 dividend declared

Manappuram Finance Ltd on Tuesday (August 11) reported net profit of ₹584.5 crore for the first quarter, compared with ₹138.3 crore in the corresponding quarter last year. Net interest income (NII) rose 28.1% year-on-year to ₹1,723.8 crore, from ₹1,345.3 crore in the year-ago period.The company declared an interim dividend of ₹1 per equity share of face value ₹2 each, representing a 50% payout. The record date for payment of the interim dividend...

2026-08-11T11:32:39Z

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

2026-08-12T06:22:36Z

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.

2026-08-12T02:26:11Z

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.

2026-08-12T03:36:08Z

The new retirement strategy? Spending it all before you die

Forget leaving an inheritance for the children

2026-08-05T12:49:41Z

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.

2026-08-05T15:21:10Z

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.

2026-08-11T21:46:04Z

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...

2026-08-12T06:47:49Z

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

2026-08-12T06:36:54Z

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.

2026-08-09T04:12:36Z

2026-08-12T04:28:28Z

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

2026-08-11T10:49:39Z

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.

2026-08-06T07:47:11Z

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.

2026-08-10T12:45:18Z

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

2026-08-07T06:41:46Z

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.

2026-08-07T08:18:43Z

How the SIP compounding curve works: Why saving ₹2000 monthly builds real wealth

The Chanakya Principle Behind Every Rupee You Don't Spend Chanakya wrote in the Arthashastra that a man who cannot control small expenditures will never accumulate large ones. He was not talking about frugality as a virtue. He was talking about the arithmetic of accumulation, the idea that wealth is not built in large moments but in the discipline of small, repeated actions compounding over time. A SIP of ₹2000 a month is exactly that principle...

2026-08-11T02:14:54Z

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

2026-08-11T09:28:43Z

India's forex reserves jump by $10.5 billion in a week; here's what's driving the surge

India's forex reserves climbed to $692.9 billion, their biggest weekly rise in six months, boosted by FCNR inflows and strengthening the RBI's rupee defence.

2026-08-05T15:31:23Z

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,...

2026-08-11T08:47:27Z

Tension-free retirement! Invest once in this post office scheme and get a guaranteed return of Rs 9,250 per month

This 5-year savings scheme is especially beneficial for retirees and investors with a low-risk appetite. The principal deposited in this scheme is not affected by market fluctuations. If the monthly interest is not withdrawn, it is transferred directly to a recurring deposit (RD) account, earning higher profits. Everyone wants to earn good returns by investing their money. To achieve this, different people invest in different places. Most people...

2026-08-06T12:22:54Z

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...

2026-08-11T12:02:40Z

Young women must learn money management early

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

2026-08-12T03:55:25Z

Gold rate today: What are 24K and 22K prices in Mumbai, Delhi, Chennai, Kolkata, Bengaluru on August 12?

Silver 999 fine was at Rs 2,36,150 per kg at India level. Silver 925 sterling was at Rs 2,18,439 per kg. Notably, Silver prices have rallied 107.49% over the last one year.

2026-08-12T01:30:05Z

LIC Q1 FY27 preview: Margin seen at 16.7%; APE, VNB expected to grow - 4 things to watch

LIC Q1 FY27 Preview: LIC is set to announce its financial results for the quarter ended June 30, 2026 (Q1 FY27) on Thursday, August 6.

2026-08-05T20:39:08Z