Money

Rupee Rises 12 Paise To USD 85.42; Rise In Brent Crude Oil Prices Help

Mumbai: Rupee rose 12 paise to 85.42 against the greenback in early trade, buoyed by strong FII inflows and a weaker dollar index. However, widening of trade deficit, a weaker start in the domestic equity markets and a rise in Brent crude prices capped further gains in the local unit, according to forex traders. At the interbank foreign exchange, t...

How much you should have in savings - and how your bank balance compares to the average Australian

Here's what the typical Aussie has in savings during a cost-of-living crisis.

Planning a personal loan? 7 hidden charges you must know about

Many people only look at the interest rate when taking a personal loan. But there are several other costs that can add up. Knowing these charges helps you plan better, avoid surprises, and even negotiate some of them with the bank.

SBI personal loan ₹2.5 lakh – Interest rates, EMI, application details and more

SBI provides for personal loans up to ₹35 lakh with interest rates starting at 10.30% p.a., easy online and offline application options, flexible repayment terms, and simplified documentation for eligible applicants through various channels.

Financial mathematics: The key to thriving global finance industry

A financial mathematics degree is the application of mathematical rigour to financial theory. Such degrees are designed for individuals who are keen to understand what makes the financial markets tick.

You've hit Rs 10 crore and opted for FIRE — now what? Why many Indians are struggling to spend their wealth

What do you do when the desire to be rich is achieved, but traditional symbols of success no longer interest you? The solution might be found in mindful, value-aligned spending.

7 Richest Nations per Person (And 3 That Are Shockingly Poor)

7 Richest Nations per Person (And 3 That Are Shockingly Poor)

Coromandel International Shares Reach All-Time High of Rs 2,395.70 in Today's Session

In today's trading session, Coromandel International's shares achieved a significant milestone, hitting an all-time high of Rs 2,395.70 on the NSE. This surge represents a 4.89% increase, reflecting very bullish investor sentiment, according to Moneycontrol analysis as of May 12, 2025. As a constituent of the NIFTY MIDCAP 150 index, Coromandel International's performance is of considerable interest to market participants. Financial...

Mcap of 8 of top-10 most valued firms fell by ₹1.60 lakh crore; Reliance biggest laggard

Eight of top-10 most-valued firms saw combined ₹1.60 lakh cr erosion in mkt valuation last week

Five things to know about Reeves’s cash ISA reform in five minutes

Banks and building societies have challenged the Chancellor’s stance on scrapping the £20,000 tax-free limit for cash ISAs

THESE 19 richest American households added $1 trillion in 2024 — Who are they?

According to analysts, total US household wealth stood at $148 trillion in 2024. The fact that just 19 households now control nearly 1.8% of that total wealth underscores growing concerns about wealth inequality and economic concentration.

Forex reserves dip $2.06 billion after eight-week rise

NEW DELHI, May 10 -- India's foreign exchange reserves (Forex) fell USD 2.06 billion to USD 686.06 billion in the week that ended on May 2, after extending gains for the eighth straight week, offic...

It's not just Japan and China, Warren Buffett's Berkshire Hathaway also owns a major chunk of U.S. Treasuries; here's how much and what it plans to do with them

Warren Buffett's Berkshire Hathaway has become a major player in the US Treasury bill market. The company holds about 5% of all outstanding short-term government bills. Their T-bill holdings reached $314 billion in March. This makes Berkshire Hathaway the fourth-largest holder globally. Buffett regularly invests in T-bills, earning billions in interest.

US futures slip ahead of key inflation print after Wall Street's blockbuster rally

U.S. stock futures edged lower on Tuesday, as investors turned cautious ahead of a crucial inflation report, following a massive rally in the previous session. Dow Jones Industrial Average futures slipped by 29 points, or 0.1 percent, while futures linked to the S&P 500 and Nasdaq 100 were down 0.2 percent and 0.3 percent, respectively. Also read: Modi's warning to Pakistan: 'India won't differentiate between terrorists and their godfathers'The...

Why are female entrepreneurs finding it harder to secure loans?

Euronews looks at some of the reasons stopping female founders from accessing as much money as their male counterparts, as well as what can be done about it. View on euronews

Waaree Energies shares rise 2.04% in today's session

Waaree Energies' stock experienced a rise of 2.04% during today's session, with the price reaching Rs 2745.00. This movement is noteworthy for investors tracking the stock's performance. The stock is part of the NIFTY MIDCAP 150 index. Examining the company's financial performance can provide additional context to the stock's behavior. Financial PerformanceHere’s an overview of Waaree Energies' financial performance based on available data:...

Why some personal finance decisions you take need not be objective or right, but emotionally satisfying

Sometimes, there is no choice but to let go. There may not be space for negotiation or meeting in the middle if the parties involved take diametrically opposite positions, unable to convince the other to see their point of view. The stakes may be very high, but if both parties do not see merit in giving up their positions, stalemate ensues, and one side gives up.

Eli Lilly and Visa expected to hit $1 trillion valuation by 2030: Here’s what’s driving the surge

As global equity markets expand, two corporate heavyweights are emerging as serious contenders to reach $1 trillion in market capitalization by 2030.

Reliance Loses Rs 59,799 Crore in Market Value; Mukesh Ambani's Net Worth Falls to $92.5 Billion

Reliance Industries, led by Asia's richest man Mukesh Ambani, experienced a significant market capitalisation loss of Rs 59,799 crore last week, reflecting broader market challenges and impacting Ambani's net worth. According to Forbes, his wealth decreased to $92.5 billion, positioning him as the 13th richest individual globally to $92.5 billion.

Map reveals the UK loan hotspots where people borrow the most amount of money

Rupee flat on day; dips on week as corporate, interbank dollar bids weigh

The Indian rupee closed nearly flat on Friday but notched its second consecutive weekly fall as a relief rally following an India-Pakistan truce proved fleeting in the face of sustained dollar demand from local companies and foreign banks.

Bank of India shares rise 2% after LIC raises stake to 8.38%

Life Insurance Corporation (LIC) has increased its stake in Bank of India to 8.38% as of May 9, acquiring an additional 2.026% stake since September 2021. This move reflects LIC's confidence in the bank's performance, which recently reported a significant surge in profit for the March quarter.

How I Manage My Money: Nurse, on £1.7k a month, who puts travel before pension

I'm 25, earn Rs 6 LPA, and my dad got me locked into LIC plans worth Rs 1.9LPA. Am I ruining my finances before they even began?

At just 25, with Rs 6 lakh annual income, this young investor finds himself allocating over 30% of his income to LIC policies pushed by family advice. Has he chosen the right way to realign his money with smarter, long-term goals.

I am 30 and have £300k in savings – I add £1,200 to my pension each month

Dollar clings on to gains from US-China trade pact

The dollar strengthened as the U.S. and China agreed to ease trade tensions, reducing fears of a global recession. This deal led to a relief rally in global stocks and a surge in the dollar, impacting currencies like the yen and euro. Consequently, expectations for Federal Reserve rate cuts have diminished, with U.S. Treasury yields rising in response.

That one zodiac sign will receive financial gains before the weekend on May 16, 2025

According to daily astrological predictions by our astrology expert, Dr Prem Kumar Sharma, the cosmos hints that Aries might be lucky on May 16.

'₹1,000 cr spent on astro apps, but just 5 cr do...': Financial advisor says Indians chase predictions, not planning

The latest data from the Association of Mutual Funds in India (AMFI) revealed that SIP stoppage ratio soared to 75.63% for the fiscal year 2025, indicating that 514.17 lakh SIPs were discontinued while 679.85 lakh new ones were registered.

Gold Remains Favourite, Delivers 33 Per Cent Returns In FY25

Gold has emerged as the best-performing asset class in FY25, delivering a remarkable return of 41 per cent in USD terms and 33 per cent in INR (rupee) terms, according to a National Stock Exchange (NSE) released on Monday. In a year marked by global uncertainties and shifting investment trends, gold’s safe-haven appeal surged, making it the top choice for investors worldwide, including in India. The NSE ‘Market Pulse report for April’ highlights...

PB Fintech share price target at ₹2,150 or ₹1,130 - Analysts views divided after Q4 results

Shares of PB Fintech Ltd., the parent company of Policybazaar and Paisabazaar, will be in focus on Friday, May 16, following the company’s March quarter earnings, which showed year-on-year improvement across most parameters.The fintech major's consolidated profit zoomed 2.8x to ₹171 crore in the fourth quarter from ₹60 crore in the year-ago quarter. Operating revenue grew 38% to Rs 1,508 crore, while margin surged to 7.5% from 0.5% last year.Out...

China's Ant Group pares 4 pc stake in Paytm for Rs 2,103 cr

New Delhi, May 13 (PTI) Chinese fintech giant Ant Group on Tuesday divested a 4 per cent stake in digital payments firm One97 Communications for Rs 2,103 crore through open market transactions

Jio Credit Raises Rs 1,000 Cr In Debut Bond Issue, Yields 7.19% Amid High Demand

Mumbai: Jio Credit, a wholly-owned subsidiary of Jio Financial Services, has successfully raised Rs 1,000 crore through its maiden bond issuance. The offering, which consisted of a Rs 500 crore base size and an additional Rs 500 crore greenshoe option, was met with strong investor interest, receiving bids worth Rs 1,500 crore—three times the base a...

The top 9 richest actors from around the world: From SRK to Tom Cruise and Tyler Perry, here’s all you need to know about these millionaires and billionaires

Actors from around the world, once established in the industry, manage to accumulate a lot of wealth. From SRK to Jackie Chan, these actors have proven to be a force to reckon with, not only because of their acting skills but also because of the wealth and assets that they have managed to collect over the past years. Here are 7 of the richest actors from across the globe and all that you need to know about them.

Top SmackDown stars qualify for the WWE Money in the Bank ladder match

WWE is gearing up for Money in the Bank, scheduled for June 7th in Los Angeles, following a successful Backlash event. The focus is now on the Money in the Bank ladder matches for both men and women. The qualifying matches commenced on the May 16th edition of SmackDown, with two superstars securing their spots.

Gold And Silver Price Today — Check Prices In Mumbai, Bengaluru, Delhi, Chennai And More

The futures prices for the yellow metal on the Multi Commodity Exchange were trading 0.02% higher at Rs 96,535 for the June 5 futures.

RBI dividend to govt could top ₹2.50 lakh crore; board meet next week likely

Despite growing geopolitical risks, the Reserve Bank of India (RBI) is likely to pay another handsome dividend to the government at its board meeting in Mumbai on May 23.This will be the first board meeting under the chairmanship of Financial Services Secretary Sanjay Malhotra, where the quantum of the surplus transfer will be decided.As a precursor, the RBI board on May 15 reviewed the Economic Capital Framework (ECF), which forms the basis for...

Here’s how you can handle your finances during economic uncertainty

Some ways of gaining better control of your finances include creating an emergency fund and finding areas where you can cut back. View on euronews

Bajaj Auto Likely To Invest €125 Million More In KTM As Restructuring Deadline Nears

It's still unclear whether Bajaj Auto will pick up a majority stake in KTM AG in lieu of the fund infusions.

Up to 7.90% returns: Indian Bank floats IND SECURE, IND GREEN fixed deposit schemes

Indian Bank introduces IND SECURE and IND GREEN fixed deposit schemes with interest rates up to 7.15%, while discontinuing IND SUPER 400 Days and IND SUPREME 300 Days schemes.

2,000% profit! Mukesh Ambani to make Rs 10,000 crore gain if he sells this bluechip stock

Reliance Industries’ Rs 500 crore bet on Asian Paints in 2008 has swelled to Rs 10,500 crore, marking a 24x return including dividends. Amid rising competition and weakening performance, RIL may now exit its 4.9% stake.

How Practising Mindfulness Can Help You Make Better Financial Decisions And Find Peace With Your Money

In today’s fast-paced, hyper-digital world, financial decisions are made with a swipe, a tap, or even a voice command. Yet ironically, despite greater access to tools and information, financial stress is at an all-time high. What if the missing link to better financial health isn’t more information — but more mindfulness? Financial mindfulness is e...

A Look At Mission Impossible Star Tom Cruise's Net Worth

Tom Cruise is one of Hollywood’s biggest stars, loved by fans for his charming personality, acting skills and exciting movies. He has been working in films for more than 40 years and has become one of the most bankable stars in the entertainment industry. Over the years, the Mission Impossible star has built a massive wealth not just from his successful films but also from brand deals and owning valuable properties. His wealth is huge and shows...

Crypto Gems: Top Crypto Assets To Watch & Buy in May 2025

Bitcoin is trading near its all-time high, boosted by easing tariffs and potential rate cuts. Ethereum is rallying, pulling up the altcoin market. Altcoins excluding the top 10 have gained significantly. Bitcoin dominance is decreasing. DeFi protocols like HYPE, AAVE, and PENDLE show potential. Layer-1 blockchains AVAX and SUI are also promising. FARTCOIN is a memecoin to watch.

These 5 straightforward steps can add £2,500 to your house deposit in just a year

Looking to get on the property ladder?

Penny Stock Under Rs 1: This NBFC Stock Surges Amid Volatile Market On Rs 170cr NCD Allotment

Following the announcement of a Rs 170 crore fundraise through the allocation of non-convertible debentures (NCDS), shares of Standard Capital, a micro-cap NBFC stock, increased by more than % in trading on Thursday, May 15. The small-cap NBFC stock with a market valuation of more than Rs 65 crore began Thursday's trading session at Rs 0.40 per share, which was also the day's peak. Standard Capital Markets' stock was 2.56% higher at this point...

How a Rs 10,000 SIP in this largest flexi cap fund grew to Rs 48 lakh in 13 years

Parag Parikh Flexi Cap Fund recently crossed Rs 1 lakh crore in AUM, marking a significant achievement in its 13-year history. This open-ended equity scheme invests in diverse stocks, reflecting robust growth and international diversification, with impressive returns outperforming industry averages.

Smart Investing, Simple Steps: How To Choose The Right Financial Investment

Everyone wants to grow their money, but knowing where to invest can be confusing. By following a few simple steps, you can make smart choices and get better returns on your money. Set Clear Goals Decide what you are saving for. It could be a house, retirement, or education. Knowing your goal helps you pick the right investment plan. Know Your Risk ...

Lower inflation and lower interest rates ahead: MC poll of economists

After April’s consumer price index (CPI) inflation dropped to a 68-month low of 3.16 percent, economists have lowered their full-year forecast for FY26 and now expect inflation to average below 4 percent. As a result, most of them believe the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) should cut the repo rate by at least 50 basis points this year, according to a Moneycontrol Poll. The median of 15 estimates puts CPI inflation...

MSCI May Rejig: Coromandel, Paytm, Nykaa Set For Big Inflows

MSCI index rebalancing plays a key role in determining passive fund flows into Indian equities.

XRP price to reach $10 in 2025? Crypto analyst decodes factors that could drive its surge

XRP price hovers around $2.50 on Monday, witnessing a significant hike from $1.75 on April 9. Is this the right time to buy the cryptocurrency? Here's what crypto analyst Edo Farina has to say about the outlook of XRP for the current year.