Money

MF tracker: Axis large cap fund turns Rs 10,000 SIP to Rs 58 lakh in 16 years

Axis Large Cap Fund has turned a Rs 10,000 monthly SIP into Rs 58.71 lakh over 16 years, ETMutualFunds analysis shows. Despite periods of underperformance, the large-cap scheme has delivered steady long-term returns. Experts say its quality-focused approach and stability make it a suitable option in today’s volatile markets.

The three personal finance mistakes that quietly undo years of disciplined saving

Most people put in real effort to earn, save and invest. Careers are built carefully, expenses are managed, and investments are started with good intentions. Yet many still feel stuck, anxious about money, or unsure whether they are actually moving closer to their goals. The problem is rarely laziness or lack of intent. It is usually a few common mistakes that look harmless on the surface but quietly cancel out years of discipline. Mistake one:...

Budget 2026: Trump tariffs or not, trade power should stay with India

India Budget 2026: A 1985 Plaza Accord saw global powers coordinate to devalue the dollar, impacting Japan severely. Today, similar economic conditions and Donald Trump's protectionist policies are reshaping global trade. India, historically less integrated, may find an unexpected advantage in this shift towards self-sufficiency, potentially mitigating direct trade shocks.

Capital One, American Express, other credit card stocks drop on US market after Trump's 10% cap on interest rate move

Credit card companies' stocks, like those of Capital One, American Express, JPMorgan and Chase, among others, dropped during the early US stock market session on Monday, 12 January 2026, after US President Donald Trump's move to impose a 10% cap on interest rates last week. On Friday last week, Donald Trump proposed to impose a one-year cap on the ...

Elon Musk predicts saving for retirement will be 'irrelevant' in 20 years: 'Anyone can have whatever they wish'

Elon Musk has made a striking claim about the future of personal finance, suggesting that saving for retirement may soon become unnecessary. The billionaire entrepreneur believes that rapid advances in AI, robotics and energy will reshape society so deeply that traditional retirement planning will no longer matter. Speaking on the Moonshots with Peter Diamandis podcast, Musk urged people not to worry too much about long-term retirement savings....

The future of cash: How much money do Europeans carry today?

Fewer and fewer consumers are choosing to use cash, instead relying on cards and mobile payments. Even so, for some consumers and within certain sectors — cash remains king. View on euronews

Dollar set for second straight weekly gain after US jobs data

The dollar strengthened on Friday following weaker-than-expected U.S. jobs growth, suggesting the Federal Reserve may hold interest rates steady. The yen weakened as Japan's Prime Minister considers a snap election, while the euro declined against the dollar amid mixed European economic data.

Beyond the Rs 1.5 lakh salary: Why relying on family in 2040 is a mathematical impossibility

For years, many Indians believed family would take care of them in old age. But smaller families, rising costs, and longer lives have changed that reality. Emotional support may remain, financial support may not—making self-funded retirement planning not just wise, but necessary.

Gen Z woman divides internet after winning lottery by rejecting $1 million guaranteed lump sum

A 20-year-old Canadian won a $1 million lottery but sparked controversy after she chose $1,000 weekly payments for life instead of taking the lump sum.

Earn Rs 14.65 lakh and still pay no tax—here’s the NPS, EPF math

Salaried individuals can now make their income tax-free in the new tax regime. This is possible by utilising employer contributions to Employees' Provident Fund and National Pension System. Even with a nearly Rs 14.66 lakh salary, tax liability can be zero. This strategy helps build a substantial retirement corpus.

8th pay commission news: November inflation data signals big DA move—is 60% just the start?

8th Pay Commission: This index plays a vital role in ensuring that salaries and pensions keep pace with rising prices. It directly influences the twice-a-year DA revision.

Why Trump is going after Fed Chair Jerome Powell, and why every living former Fed chief is alarmed

A criminal probe into Fed chief Jerome Powell has deepened Donald Trump’s clash with the central bank, triggering rare warnings from former Fed chairs about threats to its independence.

Bill Gates transfers nearly $8 billion to ex-wife Melinda French Gates’ foundation after divorce

After the divorce between Bill Gates and Melinda French Gates, assets worth nearly $8 billion were transferred as part of their settlement. This comes after the newly disclosed tax filings have shed light on their financial scale. The filings highlighted that the asset transfers were routed through a web of charitable trusts and investment entities...

Gold tipped to hit $5,000 as probe into US Fed chief sends shockwaves through financial markets

Gold raced to a fresh record high and the dollar fell as a criminal investigation into the head of the US Federal Reserve fuelled fears over the central bank's independence.

How to make bank by reselling what the government loses money on #sidehustle #sidehustleideas

India's forex reserves drop by $9.80 billion to $686.80 billion

India's forex reserves dropped by $9.809 billion to $686.801 billion in the week to January 2, the Reserve Bank of India (RBI) said on Friday.In the previous reporting week, the forex reserves had jumped by $3.293 billion to $696.61 billion.For the week ended January 2, foreign currency assets, a major component of reserves, decreased by $7.622 billion to $551.99 billion, the central bank's data showed.Expressed in dollar terms, the foreign...

5 powerful money lessons from Morgan Housel’s bestselling book 'The Psychology of Money'

Housel sums it up perfectly when he says that doing well with money has less to do with intelligence and more to do with behaviour. That one idea runs through the entire book. Here are five lessons from it that genuinely change how you look at money - no jargon, no lectures.

Home loan prepayment explained: When does it actually help?

Home loan prepayment: One thing that can greatly reduce the cost of a home loan is prepayment. Moreover, the new RBI guidelines that came into effect from January 1, 2026, exempt any fees for prepaying the floating rate loan. Home loan borrowers with a floating-rate home loan have a good reason to pay off their home loans earlier. On that note, let’s understand the concept of Home loan prepayment.

Do you live in one of these 9 states? Your Social Security benefits could be at risk

Social Security benefits reached record highs in 2026, yet taxes still reduce retiree income nationwide. Eight states continue taxing benefits, mostly affecting higher earners. Federal rules tax up to 85% of benefits using outdated income thresholds. Inflation, retirement withdrawals, and rising costs push more seniors into taxable ranges, reshaping retirement planning decisions across America.

SBI hikes ATM transaction charges: Here's how much you need to pay now

According to SBI, the decision was taken following an increase in interchange fees, which led to a review of pricing for ATM-related services.

From Rs 7 to Rs 5 lakh an appearance: How Dolly Chaiwala turned a Nagpur tapri into a nationwide brand

Long before the internet crowned him a sensation, Sunil Patil was just another teenager helping out at a tea stall in Nagpur’s Sadar area. Money was scarce, opportunities even scarcer. He didn’t have formal education on his side, but what he did have was instinct — the instinct to turn even the most ordinary job into a performance. With barely Rs 7 in his pocket and a kettle in hand, Sunil began serving tea. What followed was the birth of Dolly...

Gold hits lifetime high, silver soars 6% to record Rs 2.65 lakh per kg

Silver prices rallied sharply by Rs 15,000 to hit a lifetime high of Rs 2,65,000 per kg in the national capital on Monday, and gold advanced to a fresh record of Rs 1,44,600 per 10 grams, mirroring strong gains in the global markets.

How much money do ATM routes make?

#vendingmachine #vending #vendingbusiness #atm #atmbusiness #sidehustle #sidehustleideas #entrepreneur #entrepreneurship

They dragged a money box out of the river and stopped guessing

What began as a routine magnet fishing find quickly became more intriguing when a metal money box surfaced from the river. As it was examined, questions emerged about how it ended up there and what might be hidden inside.

From corporate finance to content creator: How this 30-year-old built a seven-figure net worth

Disillusioned with her corporate finance career, Michela Allocca turned a personal finance side hustle into a full-time business. By creating simple, actionable money content on social media, she now earns more than four times her former salary and has built a seven-figure investment portfolio.

Top 10 richest men in the world 2026: Elon Musk leads with over $700 billion fortune ahead of Larry Page, Jeff Bezos, and Mark Zuckerberg

Despite global economic woes, the world's richest men, led by Elon Musk with $717.9 billion, have seen their fortunes soar. Technology and AI continue to drive immense wealth, with figures like Larry Page and Jensen Huang making significant gains. This elite group's vast riches starkly contrast with widespread financial struggles.

Smart business owners will use this bank to make money on their money.

Discover how savvy entrepreneurs are multiplying their earnings by choosing the right financial institution. In this video, we delve into why smart business owners are opting for this bank to maximize their profits and make money on their money. Learn the strategies and advantages of banking smartly to ensure your business finances are working as efficiently as you do. Don't miss out on the secret to financial success that could transform your business operations. Watch now to unlock the potential of your profits! subscribe subscribe subscribe subscribe subscribe

The first paycheque: Where should your money go?

Starting investment with your first salary is less about making perfect decisions and more about taking the first step with clarity. By focusing on stability, understanding risk, investing regularly, and protecting income, new earners can build a strong foundation.

Investment fraud continues into new year; 12 persons lose 1.5cr in 48 hrs

Hyderabad: Investment fraud continues to be the main cause of financial loss among all cybercrimes, with 12 victims in the city reporting a loss of over 1.5 crore in 48 hours. Four others approached police and reported a loss of 36 lakh in part-time job fraud.Two 48-year-old tech employees from Bandlaguda Jagir approached the Cyberabad cybercrime p...

Government's direct tax kitty swells as companies and individuals pay more

India’s direct tax collections for FY 2025–26 showed steady growth as net collections increased by 8.82% year-on-year up to January 11, 2026, driven by higher corporate and non-corporate tax inflows, according to data released by the government.Gross direct tax collections for the current financial year stood at ₹21,49,831.89 crore as on January 11, 2026, compared with ₹20,64,350.94 crore in the corresponding period of FY 2024–25, reflecting a...

Iran currency hits rock bottom: Iranian rial completely collapses against euro, US dollar

Iran's rial has plummeted to unprecedented lows, rendering it nearly worthless against major currencies, which exacerbates the nation's economic turmoil. The soaring costs of essential imports have triggered widespread protests.

The luckiest months to make smart financial decisions in 2026, according to your zodiac sign

The zodiac forecast reveals when you’ll have the best money luck in 2026, and how to cash in-

Top 10 assets in the world by market cap in 2026

Top 10 assets in the world 2026: With a market value of over US$31 trillion, gold is still seen as one of the safest ways to store wealth.

Routing NPS investments through credit card: A smart move or a costly mistake?

Using a credit card has become second nature for a lot us — swipe, earn reward points and may be unlock a milestone benefit along the way. It is therefore worth examining the option to invest in the National Pension System (NPS) using a credit card. While insurance policies allow premium payments through credit cards but only a few investment products offer this facility. For many investors, NPS contributions can be substantial, whether through...

Investors shift to SIPs as lump-sum investments lose preference amid market volatility

As more retail investors route their savings through SIPs, their contribution to equity-oriented mutual fund inflows has increased significantly.

As Lloyds share price hits highest since financial crisis, are banks set for a bumper year?

Analysts at investment bank Jefferies believe valuations for UK bank shares have 'considerable scope' to rise further in 2026.

10 insightful quotes from the book The Psychology of Money by Morgan Housel that explain wealth and success

Quotes From The Psychology Of Money: In today’s world, where everybody is money-minded and relentlessly running towards success, it’s no surprise that The Psychology of Money by Morgan Housel has become one of the bestsellers. This popular book highlights that financial success has little to do with figures and tactics, and is huge with human psychology, how a person sees money in their life. The book not only talks about money but also about...

Rupee rebounds to close 2 paise higher at 90.16 against US dollar

A volatile geopolitical situation kept the domestic currency under pressure, restricting its recovery, forex analysts said.

'Mana ShankaraVaraprasad Garu' box office collections day 1: Chiranjeevi film opens big; Rs 37 crores on first day

Chiranjeevi and Venkatesh starrer 'Mana ShankaraVaraprasad Garu' has roared at the box office, raking in Rs 37.10 crores on its opening day, including previews. The film witnessed strong occupancy across Telugu states, with evening and night shows performing exceptionally well. Directed by Anil Ravipudi, the movie has garnered mixed reviews but shows significant public interest.

Rupee under fresh pressure as Powell-Trump rift feeds Fed uncertainty

The Indian rupee faces renewed pressure as U.S. President Trump's clashes with Federal Reserve Chair Powell escalate. Despite Reserve Bank of India interventions, foreign outflows and dollar strength continue to weigh on the currency. Concerns over the Fed's independence add to market uncertainty, potentially pushing the rupee to test new lows this week.

Navi Mumbai crypto fraud: 56-year-old loses over Rs 70 lakh after 'this' costly mistake

A 56-year-old loan consultant from Navi Mumbai has reportedly lost Rs. 72.7 lakh in a cryptocurrency scam involving an online trading platform that promised assured returns on USDT investments.

You won the lottery, now what?

Oprah Winfrey's net worth: Inside global media icon's $3.2 billion fortune

Oprah Winfrey built a multibillion-dollar fortune through media, business, and cultural influence. Oprah Winfrey’s fortune is estimated at around $4 billion as of 2026.

What was Mac Jones’ net worth in 2025?

In 2025, Mac Jones revitalized his NFL career with the San Francisco 49ers, securing a two-year deal worth approximately $8.4 million. This move followed stints with the Patriots and Jaguars, reestablishing his value both on and off the field. His net worth was estimated at $10 million, primarily from NFL contracts and earlier endorsement deals.

John McEnroe's net worth timeline (2016-2026): Former No. 1 tennis player’s shared real estate, Hollywood appearances, and legacy awards

John McEnroe is a former American World No. 1 professional tennis player who has a net worth of $100 million, according to Celebrity Net Worth. John married actress Tatum O'Neal in 1986, and they had two sons, Kevin and Sean, and a daughter, Emily, before divorcing in 1994. John McEnroe was named the World Number 1 Male Player of the Year in 1984.

Buy, sell or hold: RIL, Bajaj Finance, Kalyan Jewellers, NHPC, Zydus Lifesciences — Ask Profit

Analysts also shared insights on the share price of KPIT Technologies and Samvardhana Motherson, among other stocks.

Deutsche Bank’s $2.5 bn India assets draw final bids from Kotak, Federal Bank

Kotak Mahindra Bank and Federal Bank stand to potentially gain from Deutsche Bank's India clientele across home loans, business loans and wealth management.

Rs 10 crore in 30 years: Rs 32,500 monthly SIP can do it

For many, financial freedom means being able to retire comfortably without financial stress. You can achieve this goal by developing good financial habits, such as planning and investing wisely. Financial advisors recommend investing in mutual funds through systematic investment plans (SIPs) as a reliable way to build wealth. And an increasing number of Indians are doing just that. For instance, in December 2025, the mutual funds industry saw...

How I manage my money: Student, on £1,000 a month, saving for an Australia trip

Alice Moran is living at home to save money on rent and bills while she studies at university

Floyd Mayweather the money man breaks the bank and leaves with millions in 1 dollar bills

Join us as we dive into the extravagant world of Floyd Mayweather, the legendary Money Man, who never fails to make headlines with his lavish lifestyle. In this video, witness Mayweather as he cleverly breaks the bank and walks away with millions in 1 dollar bills. Discover his strategy, enjoy the sheer spectacle, and learn how this boxing icon continues to uphold his status as a master of wealth accumulation. Whether you're a fan of boxing or intrigued by extravagant wealth, this captivating journey into Mayweather's opulent escapades is sure to entertain and leave you in awe. subscribe