Money

Trent Shares Rise Over 2% In Today's Trading Session

During today's trading session, Trent shares experienced a gain of 2.05%, reaching Rs 6,018.50. This increase reflects a positive shift in investor sentiment. The stock is a constituent of key indices, including the NIFTY 50 and NIFTY 100. According to Moneycontrol analysis as of June 18, 2025, a very bullish sentiment surrounds Trent. Financial Performance OverviewTrent's financial performance demonstrates consistent growth in revenue and net...

Unlock Premium Real Estate: Smart Financing Strategies For High-Value Property Investment

By Arpit Bansal For decades, real estate has been an essential aspect of wealth generation in India. Nevertheless, investor interest has been piqued by a new segment - premium real estate. Factors like altering customer expectations, rising disposable incomes and evolution in lifestyle preferences significantly contribute to this shift. The high-value properties, usually situated in prominent areas and outfitted with opulent amenities, are not...

Ranked: how rich the average person is around the world

From Spain to South Korea, we reveal the average wealth per adult in 25 major countries around the world.

What If Money Is A Mirror?

We often think of money as a tool — a way to buy, invest, or plan for the future. But what if money is also a mirror? What if every rupee you spend, save, or hoard reflects your deepest beliefs, fears, and values? In personal finance, the numbers are important — but the story behind the numbers is where real transformation begins. Welcome to the wo...

From Rs 1 crore to Rs 25 lakh: How inflation quietly shrinks your wealth

Understanding the impact of inflation on wealth and the necessity of strategic investing to preserve financial security over time.

SIP: How To Save Rs 20 Lakh For Short-Term Goals In Five Years

A well-planned SIP strategy can help you build a Rs 20-lakh corpus in five years for your short-term financial goals.

Bitcoin falls below $99K amid Middle East tensions; Altcoins drop up to 4%

Bitcoin briefly dipped below $99,000 amid escalating Middle East tensions and risk-off sentiment, impacting the broader crypto market. Altcoins also experienced sharp declines, with investors closely monitoring the U.S. Federal Reserve's response to rising oil prices. Despite the downturn, some analysts see signs of accumulation and potential for a rebound if geopolitical tensions ease.

Rs 6 lakh in taxes on a Rs 13 lakh car? CA reveals the hidden cost

Upgrading or buying a new car used to be a moment of joy for many middle-class families, but today, it's overshadowed by the heavy financial pressure it brings.

'70 LPA is the New Middle Class': You will have nothing at the end of month if you have a home loan, warns banker

An investment banker's LinkedIn post reveals that even a ₹70 lakh annual salary can feel like middle class in India's metros. High home loan EMIs, car loans, school fees, and urban inflation leave little room for savings or discretionary spending. The post advises rethinking large housing loans to avoid this financial trap.

The exact amount you’ll need in savings at age 30 to be able to retire

Mukesh Ambani's masterstroke: Rs 500 crore bet delivers Rs 9,000 crore windfall gain for Reliance Industries

On Monday, Reliance Industries (RIL) announced the sale of its remaining 87 lakh equity shares in Asian Paints through a block deal valued at ₹1,876 crore. The shares were sold to ICICI Prudential Life Mutual Fund at an average price of ₹2,207.65 per share.

Gold Price Today In India: Check 22kt, 24kt Rates In Your City On June 23

Gold Prices In India Today, June 23: Gold prices on Monday remained consolidated after touching a record high following US’s strikes on Iran’s nuclear sites amid the ongoing tensions with Israel. Prices are now hovering in the consolidated range of Rs 1,00,800-1,01,000.In Mumbai, the price of gold stood at Rs 92,300 per 10 grams for 22-carat and Rs 1,00,690 per 10 grams for 24-carat.Silver was also trading down at Rs 1,09,900 per kg in the...

Still earning 2.75% in your savings account? Here's a smarter option

Liquid funds serve as the middle ground between a savings account and fixed deposits, but with more flexibility and usually better returns. Over the past one and three years, liquid funds have delivered average annualised returns of 7.3% and 7%, respectively.

YES Bank shares rise in a weak market; can this upmove last?

Japan's Sumitomo Mitsui Banking Corp (SMBC) signed a definitive agreement last month to acquire a 20 per cent stake in YES Bank for Rs 13,483 crore.

How I Manage My Money: 34-year-old, on £1.7k a month, says state pension too low

Vivek Oberoi’s Net Worth: Bollywood actor credits early stock market exposure for building ₹1,200 crore fortune

During a recent interview on a podcast, Vivek Oberoi revealed that his father only played the role of a mentor in his life and never helped him financially

Oman to impose income tax on top earners, becomes first Gulf state to do so. Details here

Oman announced its plans to become the first Gulf nation to impose an income tax on its citizens. The GCC nation plans to impose a 5% tax on the income of 42,000 rials ($109,000) or above.

Banking, Telecom Stocks Shine As India’s Market Heavyweights Add Rs 1.62 Lakh Crore

The combined market capitalisation of six of India's top ten most-valued companies rose by Rs 1.62 lakh crore this week, reflecting strong investor sentiment in the equity markets. This rise in market value came as the benchmark Sensex jumped by 1,289.57 points, or 1.58 per cent, during the same period, signalling positive momentum in the market. Bharti Airtel emerged as the top gainer during the week, while a few big names like Bajaj Finance,...

BEL Shares Rally To All-Time High, Market Cap Hits Rs 3 Billion; Should You Buy?

BEL Share Price: The bullish momentum in the shares of Bharat Electronics Limited (BEL) has remained intact on Monday, with the stocks touching a new all-time high of Rs 420.35 apiece and becoming Rs 3 billion market-cap firm. The defence PSU rallied 2.62 per cent intraday on Monday after opening at Rs 411 apiece, against the previous day’s close at Rs 408.25 apiece. On a Year-To-Date basis, BEL shares rallied 42.55 per cent, sharply spiking...

NACH 3.0 to roll out in July: What will change for your salary credit and EMI debit

The National Payments Corporation of India (NPCI) will roll out NACH 3.0 in the first week of July 2025, bringing faster and more secure bank transactions under the National Automated Clearing House (NACH) system. The upgrade is expected to improve how salaries, pensions, EMIs, and SIPs are processed across India.According to an NPCI circular, the enhanced system will streamline recurring payments and introduce several performance and security...

CA explains how Rs 80,000 per month income can beat Rs 2 lakh

The CA's insights suggest that intentional financial management is key to wealth building. A clear financial purpose can transform how resources are allocated, leading to sustainable growth.

PhonePe IPO This Year? Walmart-Backed Firm May File Draft Papers By August For $1.5 Billion Public Issue

PhonePe, one of India’s largest digital payments platforms, is gearing up for its initial public offering (IPO) to raise up to $1.5 billion, according to a report by Bloomberg. It added that the fintech giant, which is a subsidiary of retail giant Walmart Inc, might file its Draft Red Herring Prospectus (DRHP) with markets regulator Sebi by early August.The deal could value PhonePe at around $15 billion, placing it among India’s most valuable...

Kuberaa day 4: Sekhar Kammula’s film crosses 50 crore mark in India

Sekhar Kammula’s Kuberaa crossed the 50 crore mark at the Indian box office in its first four days. The film, which released on June 20 in five languages, recorded an India net total of Rs 51.41 crore as of its first Monday. According to Sacnilk, Kuberaa opened with Rs 14.75 crore on Day 1, led by Telugu (Rs 10 crore) and Tamil (Rs 4.5 crore) marke...

Gold steady near $3400, Fed outlook and Iran tensions in focus

Mumbai, June 18 -- Gold futures stayed flat near $3404 per ounce on Wednesday, weighed down by a stronger dollar even as Iran-Israel tensions continued for a sixth day. Israel confirmed fresh strik...

Egyptian finance provider Valu makes trading debut on exchange

Shares of Egyptian retail finance provider Valu began trading for the first time on the Egyptian Exchange on Monday. Valu’s parent, investment bank and financial company EFG Holding, this month distributed 20.5 percent of Valu’s shares to EFG shareholders as a dividend, according to a statement by EFG. Shareholders received one Valu share for each 3.33 […]

Emergency Fund To Retirement Corpus: 7 Smart Money Moves To Make In Your 30s

As responsibilities may increase as you enter your 30s, it’s advisable to re-evaluate your investment goals and allocate funds appropriately for various purposes.

Weekly Money Horoscope Predictions, June 22 to June 28, 2025: Your money luck for the week

This week brings financial insights for all zodiac signs. Aries should avoid impulsive spending. Taurus may face income fluctuations. Gemini could see a bonus but needs to save. Cancer must watch for unexpected expenses. Leo will experience financial stability. Virgo needs to be cautious with investments. Libra may find income through travel. Scorpio should research investments.

RBI's gold reserves increase by $16.23 billion so far in 2025 amid rising uncertainty

Rising uncertainties globally and domestically have pushed the Reserve Bank of India (RBI) to increase its gold reserves in the first half of 2025. According to the RBI data, gold reserves, which are part of India’s forex reserves, increased to $83.316 billion as on June 13, from $67.092 billion as on January 3. Gold reserves now make up over 12 percent of India’s net foreign assets. Since the new RBI Governor Sanjay Malhotra assumed office on...

The Green Bond Paradox: Why Money Isn't Flowing Where It Should

Green bonds in India are targeted at institutional investors.

Early Retirement: 5 Key Investment Instruments To Include In Your Portfolio

Achieving financial freedom through well-planned investments is essential for ensuring a steady income after retirement.

IRFC Share Price: Buy, Sell or Hold? Analyst explains

On Friday, June 20, IRFC stock ended 1.29% higher at Rs 134.06 on the NSE. The rally came amid expectations that RBI’s policy revision will make it easier for infrastructure financiers like IRFC to access and disburse funds for large-scale projects.

From MSSC To Mutual Funds, 6 Smart Investment Options For Women

In today’s world, financial independence is crucial for women, not just to support their families, but to build secure futures. Whether working professionals, homemakers, or entrepreneurs, women often manage household budgets efficiently, making them natural savers. However, saving alone isn’t enough; investing is key to growing wealth, beating inflation, and meeting life goals like education, home-buying or retirement.Women-specific financial...

India's forex reserves rise to $698.95 Billion

Mumbai, June 23 -- India's forex reserves rose USD 2.294 billion to USD 698.95 billion for the week ended June 13, the RBI said on Friday.

Earning Rs 10 LPA but still feel broke every month? CA decodes the salary trap

Earning a good salary doesn't guarantee financial security in today's economy. Many individuals fall into the trap of keeping large sums in low-interest savings accounts, neglecting investments, insurance, and emergency funds. Financial expert Nitin Kaushik advises prioritizing insurance, building an emergency fund in liquid funds, and starting SIP investments to combat inflation and achieve financial growth.

Cashfree payments: How right time, right tech built an Indian fintech powerhouse

For Sinha and his co-founder, Reeju Datta, the stars aligned in 2015, when India’s online payments industry was just starting to take off on the back of unprecedented market momentum.

Smart Planning: How to make your retirement fund last a lifetime

In a world of rising life expectancy and limited pension coverage, a retirement plan is no longer about saving adequate money – it is about ensuring that your retirement fund lasts for your whole life. For most retired Indians, this is the biggest challenge: inflation, unexpected expenses, medical exigencies, and market fluctuations can quickly erode one’s corpus unless it is structured smartly. This is where smart retirement planning comes in,...

EUR/INR futures hit 101 mark, Euro holds near 1.1650 against US dollar

Mumbai, June 16 -- Euro has stayed largely supported against the US dollar after eased in last session amid downbeat economic cues. EUR/USD pair is hovering near a 44-month high and currently quotes at 1.1649, up 0.31% on the day. The US dollar slipped under 98 mark, failing to sustain gains despite tense geopolitical scenario. On the NSE, EUR/INR futures are quoting at 99.75, up 0.66% on the day after testing 101 mark amid a wild upmove in...

Gold slips near $3375 amid strong dollar and US-Iran tensions

Mumbai, June 23 -- Gold prices slipped to around $3375 per ounce in Monday's electronic trades as strength in the US dollar continued to weigh on bullion demand. The drop follows a dramatic weekend...

TCS, Infosys, Wipro: IT Stocks In Focus After Accenture Beats Q3 Revenue Estimates

IT Stocks In Focus: Shares of TCS, Infosys and Wipro will be in focus after Accenture’s revenue beat for third-quarter driven by growing demand for the consulting giant’s AI-driven services from enterprise customers.Accenture shares dropped 11% on Friday, reaching a low of $273.19. As a result, the American Depository Receipts (ADRs) of India’s leading IT companies, Infosys and Wipro, also declined. Infosys ADRs fell 3% to $17.89, while Wipro...

'Over 30 years...': Financial advisor's gold vs lifestyle chart shows yellow metal has outpaced inflation

On June 16, 2025, 24-karat gold crossed ₹1,01,078 per 10 grams on MCX futures — marking a major milestone. Physical markets in major cities echoed the surge, driving a wave of investor interest.

Israel-Iran war: DMart to Eicher Motors— Jigar Patel of Anand Rathi recommends 3 stocks to buy for the short term

Stocks to buy for the short term: Indian stock market benchmarks fell over a percent on June 23 due to escalating geopolitical tensions and rising crude oil prices. Jigar S. Patel recommends DMart, Eicher Motors, and Biocon as short-term buys, advising caution and technical analysis for traders.

1,000 millionaires a day: US added 379K people in 2024; holds 40% of world's total

The US saw a surge of over 379,000 new millionaires last year, driven by a strong stock market and stable dollar, making it the global leader in wealth creation. While personal wealth grew globally, the Americas experienced a significant jump. However, wealth disparity persists, with most adults worldwide holding less than $100,000 in net worth.

Live Abroad for Less: Countries Where $1,000 Goes Far

Live Abroad for Less: Countries Where $1,000 Goes Far

INR commences weak amid firm dollar and surging international oil prices

Mumbai, June 23 -- The Indian rupee edged lower in opening trades on Monday tracking firm dollar overseas. Escalating tensions in the Middle East drove investors to the safe haven currency and send...

Accenture beats Q3 revenue estimates; shares down 2.6% in pre-market as bookings decrease 6%

IT services provider Accenture beat Wall Street estimates for third-quarter revenue on Friday, driven by growing demand for the consulting giant's AI-driven services from enterprise customers. The company reported revenue of $17.7 billion for the quarter ended May 31, compared with analysts' average estimate of $17.30 billion, according to data compiled by LSEG. Accenture follows a September-August financial year. Shares of the company fell 2.6%...

Indian Banks To See Steady Performance In FY26 Amid Margins, Credit Cost Pressures: Fitch

Despite slowest sector loan growth in four years, the sector has reported improved asset quality, stronger capital buffers and stable profitability.

PSU Bank stock to buy now for an upside of more than 20%; Recommended by Jefferies

Bengaluru, June 23 -- The shares of India's largest public sector bank with deposits crossing Rs. 54 Lakh Crores are in focus after Jefferies initiates a 'Buy' coverage on it with an upside potential of 21 percent.

‘I save 70 per cent of my income’: People on their secret pension savings

A £1.2m pot is now essential for a comfortable retirement, according to statistics – and few are close. We speak to six people with healthy pensions about how they did it

Indian money in Swiss banks jumps more than three times in 2024, hits Rs 37,600 crore, data shows

Funds parked by Indians in Swiss banks saw a significant rise. The Swiss National Bank data showed a notable increase in 2024. Deposits reached 3.54 billion Swiss francs, the highest since 2021. Most of the increase came through bank channels. Direct deposits from Indian clients also saw a modest rise.

Zerodha's Nikhil, Nithin Kamath buy Rs 250 crore worth InCred stake ahead of IPO

Founded in 2016 by Bhupinder Singh, InCred Group has emerged as a diversified lending platform, catering to retail and MSME borrowers across India.