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R Madhavan compared beggar finding Rs 100 and businessman making Rs 20,000 crore, asked if money can buy happiness: 'Who sleeps happier that night?'

A past clip of R Madhavan discussing money, wealth and happiness during his podcast appearance with Ranveer Allahbadia has resurfaced and is now gaining attention online. In the conversation, the actor questioned whether having more money necessarily makes a person happier, using an example of a beggar finding Rs 100 and a businessman making a profit of Rs 20,000 crore.


Financial freedom in your 20s: 5 investment rules for Gen Z investors

Financial Freedom in your 20s: In a conversation on Zee Business, Wiseinvest CEO Hemant Rustagi and mutual fund expert Vishwajeet Parashar explained how investors in their 20s can use time and compounding to build long-term wealth while avoiding common mistakes.


Fitch keeps United States at 'AA+', cites economic resilience amid fiscal risks

Fitch has affirmed the United States’ sovereign credit rating at “AA+” with a stable outlook, citing its large economy, high per-capita income and the dollar’s reserve-currency status. The agency expects US growth to slow to 1.9% in 2026-27, while inflation, weakening job creation and elevated fiscal deficits remain concerns.


Earn Rs 1 lakh per month but still financially dependent? 5 reasons to know

80th Independence Day: Everyone should save funds for emergencies like job loss, unexpected major expenses, or family emergency else it can shake your financial budget. An ideal emergency fund should have at least six months of your salary. It should be partially liquid and in low-risk instruments.


GIC Q1 results 2026: Profit jumps 10% YoY to ₹1,922 crore

General Insurance Corporation of India (GIC), on Thursday, 13 August, reported its profit after tax increased by 9.69% to ₹1,922.04 crore for the quarter ended June 2026 as compared to profit of ₹1,752.23 crore for the quarter ended June 2025.


Rs 10, 20 polymer notes get govt nod: What happens to existing paper currency?

The government has approved field trials of 1 billion polymer Rs 10 notes and 1 billion polymer Rs 20 notes, but existing paper currency will remain legal tender.


Gold, silver prices today, 14 August: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

Gold and silver prices today, 14 August: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.


Apollo Hospitals shares rise 4% as management raises FY27 hospital revenue growth guidance

Shares of Apollo Hospitals Enterprise gained nearly 4% on Friday, August 14, after the company raised its hospital revenue growth guidance for the financial year 2027 to 20% from the mid-teens.As per the company's management, its FY27 new hospital earnings before interest, taxes, depreciation and amortization (EBITDA) loss is guided at ₹140 crore to ₹150 crore and is unchanged from its March quarter call.The digital vertical is guided to reach...


US Congress advances penny phaseout bill: What it means for you, the rounding rules, and how cash transactions could change

Congress is moving to end the production of one-cent coins for general circulation. The proposed Common Cents Act allows retailers to round cash transactions. Cash totals will be rounded to the nearest five cents when exact change is unavailable. This legislation permits retailers to round in favor of the customer. Electronic and card payments will continue to be charged at the exact amount.


Hidden risks of FCNR (B) deposit investment and leverage: Why high interest rates may not tell the full story

FCNR(B) deposits have become attractive to investors looking for significant returns in US dollars, largely thanks to government hedging strategies. However, experts warn that investors must be aware of currency and liquidity risks. While leverage can enhance profits, it can also lead to considerable financial losses. Additionally, taxation can bite into returns, so a careful assessment of post-tax returns and risks is essential before investing.


From Rs 8,000 loan to Rs 800 crore BIBA: How Meena Bindra turned a pocket-money idea into a fashion brand

When Meena Bindra started selling clothes from her home in the 1980s, she was not looking to build a fashion empire. She wanted to earn some extra money for her family. Her husband worked in government service and had a fixed income. Their two sons were growing up and their education, including boarding school, meant additional expenses. Bindra, then a homemaker in her late 30s, had been married for 18 years and held only a graduate degree. A...


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.


'Husband quits job, becomes full-time trader with father's money': Woman asks if Rs 1-2 lakh monthly income is realistic

Reddit post about a 32-year-old man quitting his job to become a full-time trader has rekindled the old discussion on the risks of relying on trading as a primary source of income. The post was shared by user LemonWordly1100, who said her husband had recently left his job to pursue trading and investing. According to the post, his father had given him around Rs 1 crore to manage, while the couple also invests about Rs 1 lakh every month from the...


Why is NU stock surging over 9% overnight?

Retail chatter around Fiserv spiked on Stocktwits, surging more than 131% over 24 hours.


Digital payments: Panel recommends charges on high-value digital transactions

New Delhi: A parliamentary committee has recommended introducing charges on high-value digital transactions to ensure the financial sustainability of the country's payment system and reduce the burden on the government exchequer. The committee has recommended the early implementation of a graded Merchant Discount Rate (MDR) for high-value transactions. It said such a system could help create a self-sustaining revenue model without putting...


Rupee gains 2 paise to 95.43 against US dollar in early trade

Mumbai, Aug 14 (PTI) The rupee gained 2 paise to 95.43 against the US dollar in early trade on Friday, backed by a weaker greenback overseas. The Indian currency, however, remained under pressure due to the withdrawal of foreign funds from domestic equities and rising crude oil prices amid geopolitical uncertainties, forex traders said. At the interbank foreign exchange market, the rupee opened at 95.39 and later slipped to trade at 95.43...


Axis Value Fund leads value mutual funds in one-month returns; delivers 4.0% gain

The one-month return chart for the value mutual fund category is led by Axis Value Fund, which delivered 4.0 percent. HDFC Value Fund and Aditya Birla SL Value Fund occupy the next two positions with returns of 2.4 percent and 1.6 percent, respectively, according to ACE MF data on August 12.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, HSBC Value...


Wall Street surges as oil prices and wholesale inflation ease

The Dow Jones Industrial Average rose 0.11%, the S&P 500 rose 0.19%, the Nasdaq Composite rose 0.16%


Gold prices and long-term value: What you should know

Learn what influences gold prices, why gold is often considered a hedge against inflation, and how it can also support short-term financial needs through a gold loan.


Before becoming a billionaire investor, Bill Ackman’s journey began with a $14,000 Harvard sales job and a book linked to Warren Buffett

Bill Ackman’s investment career can be traced back to a surprisingly modest beginning: a college sales job that earned him $14,000. While studying at Harvard, Ackman sold advertising for the student-produced Let’s Go travel guides on commission, discovering that he had a knack for turning sales into serious money. The experience offered an early gl...


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.


Woman who pays ‘higher taxes in Sweden’ says life in India feels more expensive: ‘The real question is…’

The founder’s post about differences in life in Sweden and India has prompted varied responses.


Tariff refund windfall: Millions return to Apple, Nike, Amazon; earnings get a big boost

Major US firms are reaping in millions of dollars in tariff refunds, leading to a major boost to their quarterly earnings, according to a report by The Wall Street Journal. More than 40 S&P 500 companies have disclosed around $9.6 billion in tariff refunds over the past quarter or so, including at least $2.1 billion that has already been received in cash, the WSJ reported. The refunds follow the US Supreme Court’s decision earlier this year to...


SBI raises $500 million by issuing bonds to overseas investors

The transaction received an overwhelming response and saw strong interest from investors across geographies, with a peak order book of USD 2.46 billion with 145 investors.


Same Rs 5,000 SIP. Same fund. Same 6 years. Why did one investor make Rs 1 lakh more?

The 2011 correction was essentially a post-rally bear market phase, where several pressures came together. Inflation was high, so the RBI tightened monetary policy aggressively, raising the repo rate 13 times between March 2010 and January 2012.


MF cash allocation slips to 4.1% of AUM in July; PPFAS, Quant maintain highest holding

Cash holdings as a share of equity assets with mutual funds slipped marginally to 4.1 percent in July from 4.13 percent in June, data from ACE MF showed. The industry’s equity cash holdings rose to Rs 1.91 lakh crore from Rs 1.83 lakh crore. A year ago, cash accounted for 5.09 percent of equity assets. PPFAS, Quant maintain highest holdingsPPFAS Mutual Fund had the highest cash allocation among fund houses in July, with cash accounting for 16.32...


Where to invest your first salary? FD, RD, and SIP explained for beginners

Choosing the right investment plan from among RD, FD, and SIP may feel like a task, right choice depends on requirements and goals.


Sebi proposes mandatory colour-coded credit risk-o-meter for debt securities

The Securities and Exchange Board of India (Sebi) has introduced a mandatory Credit Risk-o-Meter for debt securities, aiming to enhance investor awareness regarding credit risk. This user-friendly tool features a standardized, colour-coded scale, similar to those used in mutual funds. Issuers and online platforms are required to showcase this meter in relevant documents, with public feedback on the proposal expected by September 3.


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.


Gold price today, August 14: Gold holds near $4,350; key US data and Fed signals in focus

Gold Rate Today: Gold prices were set for a third weekly gain in four weeks, supported by softer US inflation and Fed rate-cut hopes, while a stronger dollar capped bullion’s upside.


INTC stock gains overnight: Chipmaker raising share sale to over $20B?

Intel could price the offering at around $95 per share or above, according to Bloomberg’s sources, which would be a 6.5% discount from Friday’s stock price.


Your health is your biggest financial asset; here is how to protect it

Last week we spoke about retirement planning, the corpus you need, the instruments that build it, and why women must plan independently and for longer than they perhaps expect. We ended with a promise: this week, we talk about the piece of retirement that nobody plans for and everybody eventually faces. Your health. This is not a health column. This is a finance column. But health and money are more entangled than most of us acknowledge, and...


Bitcoin struggles to reclaim $64,000 as thin liquidity limits recovery

Bitcoin remained near Rs. 60.5 lakh despite softer US CPI and PPI data, with reduced expectations of a September Federal Reserve rate hike failing to spark a stronger crypto recovery. Weak spot-market activity and more than $200 million in Bitcoin ETF outflows this week continue to limit momentum.


India's bank deposits jump ₹11 lakh crore in six weeks as dollar inflows rise

Deposits in India's banking system jumped by about ₹11 lakh crore ($115.25 billion) over the six weeks ended July 31, reaching a record as banks benefited from increased dollar inflows through the Reserve Bank of India's foreign-currency non-resident deposit scheme.The sharp increase marks a reversal from the beginning of the financial year. Deposits had declined by a net ₹3.87 lakh crore between April 1 and June 15 before rebounding over the...


Spider-Man: Brand New Day box office collection day 14: Tom Holland starrer scores another Rs 100 crore in week 2; India gross nears Rs 525 crore

Tom Holland's Spider-Man: Brand New Day achieved Rs 100 crore in its second week. The film's India net collection now stands at approximately Rs 438 crore. Discounted tickets boosted weekday sales significantly across major cinema chains. This superhero movie has already become the highest-earning Hollywood release in India. Spider-Man: Brand New Day is now nearing the Rs 550 crore box office milestone.


Parul Gulati invested Rs 1.2 crore in Goa villa, expected Rs 45000 a night, now charges Rs 11000, says, 'reality hit me'

Actor and entrepreneur Parul Gulati, who has built hair-extension brand Nish Hair alongside her acting career, has opened up about the financial realities of her investments in Goa. From a villa she once expected to rent for Rs 45,000 a night to a hostel that costs nearly Rs 6 lakh a month to operate, Parul admitted that the hospitality business has been very different from what she initially imagined. Speaking to Sharan Hegde on Finance With...


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.


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


Dollar treads water as Fed hike bets pared on benign US inflation

The dollar's advance stalled on Thursday after benign U.S. inflation data emerged. Traders pared back bets for a near-term Federal Reserve interest rate hike. The dollar index remained flat, but was on course for a weekly rise. Money markets reduced the odds of a September rate hike significantly. Other major currencies showed mixed movements against the strengthening dollar.


IDFC First Bank gets first international investment-grade rating from S&P

IDFC First Bank has received its first international credit rating, with S&P Global Ratings assigning the lender a ‘BBB-’ long-term and ‘A-3’ short-term issuer credit rating with a Stable Outlook.S&P expects the bank to maintain strong capitalisation over the next 18-24 months, with its risk-adjusted capital (RAC) ratio projected at 10%-10.5%, compared with 10.9% in March 2026. It expects the bank’s loan book to grow around 20% annually over the...


Muthoot Finance share: How its subsidiaries are slowly becoming major contributors to its profits

India, Aug. 13 -- The shares of this large cap company majorly engaged in business of providing gold loans, home loans and many more were in focus after the company's subsidiaries started to contribute sizable revenue and profit.


Bank of America to invest Rs 18,268 cr for 49.9% stake in Jio Financial arm

The investment will be made through a preferential allotment of equity shares and warrants


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.


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.


Vedanta Resources cuts net debt by $1.1 billion to $9.4 billion in Q1 FY27

Vedanta Resources reduced its net debt by $1.1 billion in the first quarter of FY27, taking the total to $9.4 billion, the group said. This followed a $500-million reduction during FY26. The group’s net debt-to-EBITDA ratio declined to 1.2 times in Q1 FY27 from 2 times in March 2025. It ended FY26 with cash and cash equivalents of $3.3 billion. Vedanta Resources said its finance costs fell 31 percent year-on-year to $1.49 billion in FY26 from...


Currency check: Rupee opens higher at 95.36/$ as crude oil prices ease

The Indian rupee opened higher against the US dollar on August 14, with a pullback in oil prices offering relief to the currency after a week of persistent pressure. The rupee opened higher at 95.36 per dollar, compared with Thursday’s close of 95.44. According to Finrex, the rupee is expected to open around 95.35/$ on August 14, supported by softer Brent crude prices at around $86.70. However, the dollar index remains firm near 99.95. The RBI’s...


Paper valuation pay unchanged since 2015, MKU teachers seek hike

MADURAI: Madurai Kamaraj University (MKU) has not revised the remuneration paid to teachers for paper valuation since 2015, leaving evaluators dissatisfied over their long-pending demand for an increase. Teaching faculty members from government, government-aided and private self-financing colleges affiliated with MKU are involved in evaluating seme...


Stock market today: All you need to know going into trade on August 14

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!


Centricity secures ₹280 crore investment from SMBC fund

Centricity secured Rs 280 crore in Series A funding, spearheaded by SMBC Asia Rising Fund, to enhance its tech platform and private wealth management, overseeing Rs 15,000 crore AUM.


The rich get richer: AI boom drives Norway's $2.3T fund to its best returns in six years

There is a constant debate over the artificial intelligence boom. Is it going to continue or will it burst at any time? For now, Norway is reaping the benefits of owning stocks in technology and AI. Riding the tech wave Bloomberg reports that Norway’s sovereign wealth fund just delivered its strongest quarterly return in six years, growing by $2.3 ...