Personal Finance

What happens when you close your loan early? All you need to know about prepayment charges

Repaying a loan ahead of schedule can help reduce the total interest payable and shorten the duration of your debt.

RBI may deliver record Rs 3.5 lakh crore dividend to Centre for FY27 — here's how

The sharp rise in surplus comes after a year in which the RBI benefited from currency volatility, gains on foreign exchange operations and returns from investments.

Elon Musk is closer than ever to becoming the first trillionaire

SpaceX’s blockbuster IPO could push Elon Musk’s fortune past $1 trillion as investors bet big on AI, Starlink and Mars ambitions.

Gold loan giant Muthoot FinCorp plans Rs 4,000 crore IPO. Check details

Muthoot FinCorp has approved plans to raise up to Rs 4,000 crore via an IPO, aiming to fund expansion in the fast-growing gold loan market. The company, fully owned by its promoter family, plans a fresh issue of shares as strong gold prices and demand boost sector growth prospects.

Silver rate today: Silver price in India steady around ₹2.75 lk/kg as Trump pauses Iran attack, oil prices slide

Silver prices in India fell 0.5% to ₹2,75,221 per kg, while gold rose 0.5% to ₹1,59,899. Internationally, spot silver dropped 0.3% to $77.58 per ounce. A weaker US dollar and lower oil prices supported bullion sentiment amid eased US-Iran tensions.

Why wealthy people invest differently; 8 lessons every investor can apply

Post Office Savings Scheme: The magic of the Post Office! Deposit ₹2 lakhs and take home over ₹90,000 in interest

Post Office Scheme: If you are looking to make a risk-free investment that offers excellent returns, the Post Office Time Deposit Scheme could be an ideal option for you. Learn more about this scheme here. Post Office Time Deposit Scheme: Given today's rising inflation, everyone is setting aside a portion of their earnings as savings to secure their future. Everyone wants to invest their money in a place where it remains completely safe while...

FPI selloff: Financials worst hit by outflows in first half of May. What are foreign investors buying and selling most?

FPIs have sold Indian equities worth ₹2,18,273 crore so far in 2026, up to May 20. In the first half of May alone, FPI outflows stood at ₹26,304 crore, according to data from NSDL.

Federal Reserve proposes new payment accounts for fintechs: What's allowed, what's not

The Federal Reserve proposed a new payment account category for fintechs and non-traditional institutions to access payment systems, aiming to enhance innovation while managing risks.

Asian markets rally as oil prices decline and Wall Street boosts tech stocks

Asian shares rose sharply on Thursday, buoyed by Wall Street's gains and a drop in oil prices, with significant contributions from technology stocks and Nvidia's strong earnings.

What happens if the dollar continues to lose its value?

For decades, the United States dollar has been the most important currency in the world. People in almost every country use it to buy essential items like oil, gold, and electronics. Recently, however, the value of the dollar has started to slip compared to other currencies. Since early 2025, the dollar has dropped about 10% against the euro, British pound, and Canadian dollar, and even more against gold. While a weaker dollar helps some big companies sell products overseas, it often makes life more expensive for families at home. This gallery explains why the dollar is falling, what other currencies are doing in response, and how people across the United States and around the world are already feeling it. Click to know more.

US stock market today: Nasdaq rises ahead of Nvidia earnings; S&P 500 gains as oil cools

Minutes into the trade, the Dow Jones Industrial Average fell 115.30 points or 0.23%, S&P 500 gained over 0.14%, while Nasdaq was up 0.36%.

US stocks experience volatility amid rising oil prices and Nvidia's earnings report

U.S. stocks showed volatility as oil prices rose and Nvidia's earnings report failed to invigorate the market, reflecting mixed economic signals and investor caution.

The richest women on Earth and how they made their billions

Special FD schemes offering higher returns? Here's what investors must check before investing

Fixed Deposits continue to remain one of the most trusted investment options for Indian savers, especially among senior citizens and risk-averse investors. In recent months, several banks have started aggressively promoting special Fixed Deposit schemes through branches and mobile banking apps, promising slightly higher interest rates compared to regular FDs. Popular schemes such as: Amrit Varsha FD Utsav FD Green Deposit schemes are being...

The strongest currencies in the world

Many factors can influence the strength of a country's currency. These include low inflation, a stable economy, high interest rates, and revenue from exports like oil or minerals. Countries with stable governance and robust financial policies often have stronger currencies. When a currency holds its value, it attracts investor trust, business opportunities, and economic progress. A strong and diversified economy also helps reduce volatility, which further supports the currency's position globally. In this gallery, we look at some of the world’s strongest currencies, ranked by how many of them you get for one US dollar. Curious to see which ones top the list? Click to find out!

How much money should you keep in a savings account and where to park the rest?

The 50/30/20 rule is a widely used budgeting strategy that divides your monthly post-tax income into three main categories: needs, wants, and savings.

HDFC mutual funds: 5 schemes delivered over 15% CAGR in 10 years, turned Rs 10,000 monthly SIP into up to Rs 35 lakh - list

HDFC Mutual Fund's top-performing schemes are a clear example that long-term mutual fund investment continues to reward patience. Several schemes had delivered over 15% CAGR in the last decade, turning a Rs 10,000 monthly SIP into as much as Rs 35 lakh.

5 spin-offs from Money Heist that Netflix should consider following its significant renewal announcement

The Money Heist universe on Netflix is set to grow following a significant renewal announcement. We present five thrilling spin-off concepts, featuring narratives centered on The Professor, Rafael, Alicia Sierra, and Marseille.

BT ramps up cost-cutting spree and updates dividend policy as turnaround plan continues

BT has previously announced plans to cut up to 55,000 jobs globally by 2030 as part of a radical transformation programme.

Gold loans: Amid rising gold prices, the craze for gold loans surges—find out which state leads the pack

Gold Loan News: Data from CRIF High Mark reveals that South Indian states are at the forefront when it comes to availing gold loans. These states include Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, and Kerala. Gold Loans: On the gold loan front, a highly startling and concerning statistic has emerged from the country's banking sector. India's gold loan portfolio has recorded a year-on-year surge of 50 percent. Most astonishingly, 75...

NVIDIA posts record $81.6 billion revenue: Why NVIDIA is the biggest winner of the global AI boom

NVIDIA, which has been a leading beneficiary of the AI boon, reported its Q1 Fiscal Year 2027 financial results on May 20, 2026. It has recorded a massive year-over-year revenue growth of 85 per cent, jumping to $81.62 billion from the $44.06 billion it reported in the same quarter last year. As of May 2026, its market cap is $5.41 trillion, solidi...

'Dhurandhar 2' box office collection day 61: Ranveer Singh film nets Rs 0.15 crore on ninth Monday amid OTT release buzz

Aditya Dhar’s 'Dhurandhar 2: The Revenge' continues its historic, record-shattering theatrical run, reaching a domestic net of Rs 1,146.03 crore by Day 61. Already ruling the roost as the highest-grossing Hindi film of all time, the Ranveer Singh starrer is now targeting the Rs 1,150 crore milestone while aggressively chasing Pushpa 2’s domestic record of Rs 1,234.10 crore. Boasting a massive worldwide gross of Rs 1,798.24 crore, the high-stakes...

UK stock market today: FTSE 100 & FTSE 250 jump around 1% & 0.43% respectively amid easing geopolitical tensions - what investors should watch

India, May 21 -- UK Stock Market Today (21 May, 2026): The UK stock market is rallying, with the FTSE 100 climbing around 1% to reach the 10,432 mark. Investor confidence is being improve by cooling domestic inflation numbers and easing geopolitical tensions, which have reduced bets on additional interest rate hikes by the Bank of England.

Stock markets reverse early gains, turn red at close amid late sell-off

Stock Market opened on positive note with gains as Sensex picked over 500 points while Nifty was above 23,700.

Nvidia stocks jump in pre-trading as CEO Jensen Huang reveals inside information for investors. Details here

Nvidia expects revenue of $91 billion, plus or minus 2 per cent, compared with estimates of $86.84 billion, according to data compiled by LSEG.

MF tracker: HSBC midcap fund turned Rs 10,000 SIP to Rs 2.33 crore in 20 years. Can fund sustain its strong performance?

HSBC Midcap Fund delivered exceptional returns, transforming a Rs 10,000 monthly investment into Rs 2.33 crore over two decades. The fund also showed strong three-year trailing returns, ranking second in its category. Experts highlight the fund manager's strategy of focused stock selection in quality mid-sized companies across growth sectors. This approach has consistently benefited from India's economic expansion.

How to build an emergency fund to stay financially secure amid layoffs, inflation and global job market uncertainty

As job insecurity rises globally, building an emergency fund is essential for financial stability amid layoffs, inflation and AI-driven restructuring, ensuring protection through disciplined saving strategies.

JPMorgan's Jamie Dimon says rates could go higher despite bond sell-off

Jamie Dimon said interest rates may climb much higher from current levels, a warning to bond investors at a time when yields have touched multi-year highs.“They could be much higher than they are today,” the chairman and chief executive of JPMorgan Chase & Co. said in an interview with Bloomberg Television. “We may have gone from a saving glut to not enough savings.”Dimon’s view comes as long-dated bonds have come under pressure on concern that...

A $100 billion deficit gap: Rupee reels under global oil shock, RBI swap not enough — warns UBS expert

If India's imported crude oil basket averages around $100 per barrel, the country's CAD is projected to widen to 2.5% of GDP in FY27. ''This scenario would require roughly $100 billion in capital inflows to fund the deficit,'' she said.

Money saving tips: Amidst rising inflation, discover 6 easy ways to save your earnings—these tips will prove invaluable

Money Saving Tips: In light of today's escalating inflation, many people are contemplating saving money. After all, everyone desires to provide a comfortable and amenity-filled life for themselves and their families; however, none of this is possible without sound financial planning. Therefore, we must save money to ensure a secure and better future. The most crucial aspect of saving money is keeping your expenses under control and utilizing...

Aditya Birla Capital raises ₹4,000 crore for next phase of growth. Here's the plan

Aditya Birla Capital will issue shares worth ₹2,880 crore to promoter Grasim Industries Limited, ₹200 crore to Suryaja Investment Pte Limited, and ₹920 crore to International Finance Corporation

Not spending is a waste of earnings: The money war between Indian parents and Gen Z

A deep look into how two generations navigate different definitions of financial security and success.

Beginning your investment journey? These are the first things you should think about

Many first-time investors begin their financial journey by looking for the “best” investment option, whether it is mutual funds, stocks, fixed deposits or gold. But financial planners say successful investing usually starts much earlier — with understanding your own financial situation properly before putting money anywhere. A growing number of young earners today start investing soon after getting their first salary, while others begin later...

Gold vs stock markets: Why fear drives investors towards the yellow metal

By S Ravi Gold is the thing people turn to when they are really scared about what is going on with money. It is like a safety net that people use when they think the financial system is not working well. From the point of view of people who know a lot about money and how it works, gold is not something that is merely nice to have. It is a way to protect yourself from problems with money. It helps you when you are worried about the economy. Gold...

Rupee hits 100/$ in 1-year forward, closes at 96.8 in spot trade

MUMBAI: One-year outright forward rates for the rupee breached the 100 level intraday while the domestic currency slid to a new low of 96.96 in the spot during intra-day trade, before closing at 96.82, down 29 paise from its previous close of 96.53, reports Mayur Shetty.A one-year outright forward spot rupee transaction is a foreign-exchange contra...

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

Bharti Airtel beats HDFC Bank to emerge as India’s second-most valued company, should you invest?

Bharti Airtel has overtaken HDFC Bank to become India's second-most valued listed company by market capitalisation, marking a major milestone for the telecom giant led by Sunil Mittal. After a strong rally in recent trading sessions, Bharti Airtel's market value surged to nearly ₹11.9 lakh crore, surpassing HDFC Bank and strengthening its position among India's biggest corporate giants. Analysts say improving ARPU, resilient subscriber growth, strong 5G expansion and better revenue visibility have boosted investor confidence in the stock. In this video, we break down the reasons behind Airtel's sharp rally, what it means for Indian markets, and whether the telecom major can continue its momentum against rivals like Reliance Industries.

Paytm block deal: SAIF Partners likely to sell 1.3% stake at 3% discount

Shares of One 97 Communications Ltd., the parent company of Paytm, are likely to remain in focus after sources told CNBC-TV18 that SAIF Partners is looking to pare its stake in the fintech firm through a block deal.According to sources, SAIF Partners plans to sell around 86 lakh shares, representing nearly 1.3% equity in the company. The floor price for the proposed transaction has been set at ₹1,120.65 per share, implying a discount of around...

PB Fintech invests Rs 5 crore in broking arm PB Marketing and Consulting

PB Fintech injected Rs 5 crore into its subsidiary, PB Marketing, to meet net worth requirements for stockbroking and depository participant operations. This strategic move follows Sebi's approval for PB Marketing to act as a debt segment stockbroker on the NSE.

10-year bond yields ease to 7.04% on lower oil prices, rupee gains

Benchmark 10-year bond yield slipped at the open on May 21, lifting bond prices as a drop in crude prices checked a steep slide in the rupee after eight sessions. The benchmark 10-year bond yield was trading at 7.04 percent after ending the previous session at 7.07 percent. Brent crude was trading near $105 a barrel, falling around 5 percent overnight, after US President Trump said the negotiations for a peace deal with Iran were in the final...

LIC Q4 results: Profit jumps 23% as VNB surges; ₹10 dividend declared

Life Insurance Corporation of India (LIC) reported a 23% year-on-year rise in consolidated net profit for the March quarter of FY26, supported by improved operating performance and strong growth across key business metrics.Net profit increased to ₹23,467 crore from ₹19,039 crore in the corresponding quarter last year. The board also approved a dividend of ₹10 per equity share.The insurer’s solvency ratio improved to 2.35% during the quarter,...

How India's richest are investing differently, and what you can learn from it

Alternative Investment Funds are structured differently. Category I and Category III AIFs, in particular, allow fund managers to run concentrated portfolios with fewer stocks, higher conviction, and deeper research.

Fed officials see possible interest rate hikes if Iran war keeps inflation high, minutes show

Fed minutes released Wednesday show officials divided over inflation risks from the Iran war, with most open to possible rate hikes if price pressures persist. While rates were held steady, dissent rose to a 1992 high. Inflation remains above target

Gold silver rate today (May 19): Prices rise across major cities; check latest rates in Delhi, Mumbai, Chennai, more

Gold Silver Rate Today: Gold and silver prices remained volatile on Tuesday as investors reacted to rising geopolitical tensions in West Asia, elevated crude oil prices and a sharp jump in US Treasury yields. On the Multi Commodity Exchange (MCX), gold futures for June 5 delivery were trading at Rs 1,60,001 per 10 grams around 6 pm, up Rs 600 or 0.38 per cent. During the session, the yellow metal swung sharply between gains and losses, touching...

Retire before 50? Here's how to turn that dream into reality

Want to hang up your boots before 50? It's not just for billionaires. With deliberate choices, a strong savings habit, and careful planning, financial freedom can come decades earlier than most people imagine.

RBI’s $5 billion rupee rescue: What it could mean for your money and markets

A bank shall sell US dollars to the Reserve Bank and simultaneously agree to buy the same amount of US dollars at the end of the swap period.

Indian Overseas Bank approves ₹5,000 crore fund raise via FPO, QIP, rights issue

Public-sector lender Indian Overseas Bank on Thursday (May 21) said its board has approved a capital raising plan of up to ₹5,000 crore for FY27.The bank said the equity capital may be raised through follow-on public offer, rights issue, qualified institutional placement, preferential issue or a combination of these, in one or more tranches, subject to regulatory approvals.The board also approved the offer of 10 crore new equity shares of face...

Business news live updates: Rupee opens 52 paise higher at 96.30, RBI mulls options to stabilise currency

The Reserve Bank of India is considering all of its available options to stabilize the rupee, including an interest rate hike, more currency swaps and raising dollars from investors overseas, according to people familiar with the matter. Top officials at the RBI, including Governor Sanjay Malhotra, have held a series of internal meetings to discuss the possible course of actions available after the rupee plunged to a fresh low of almost 97 to a...

Business highlights

New Delhi, May 21 (PTI) Following are the top business stories at 2100 hrs: DEL44 BIZ-PETROL-SUPPLY **** Bulk buyers shifting to retail pumps behind fuel demand spike in parts of India New Delhi: A sharp shift by bulk diesel consumers to retail petrol pumps due to a Rs 40-42 per litre price gap has led to a surge in fuel demand at some locations in India, although the government said supplies remain ample and stable. **** DEL52 BIZ-2NDLD...