Needed: More stable foreign capital

The FCNR(B) flows have provided a reprieve. The rupee's fall has been stemmed. But it does not address the underlying issues plaguing the economy

RBI absorbs ₹6.02 lakh crore via 2 VRRRs as banking system liquidity surplus hits record high

The Reserve Bank of India (RBI) on Friday absorbed over ₹6.02 lakh crore from the banking system through two variable rate reverse repo (VRRR) auctions as surplus liquidity remained at a record high.The central bank received and accepted bids worth ₹5,41,975 crore in a three-day VRRR auction against the notified amount of ₹7 lakh crore. The auction was conducted at a cut-off rate of 5.24%.In another three-day VRRR auction, against a notified...

Woman in £23k of debt reveals how she paid back £19k in just five months thanks to Vinted and eBay

Ellie Titmus, 32, said her accumulating debt began to 'snowball' after she became a single mum in 2022.

Money moves into reality TV with new format focused on financial choices

Reality television in India has explored talent, relationships, cooking, business, travel and adventure. Now, a new format is looking at another familiar part of everyday life: money. India’s Future Investors (IFI) is developing a homegrown Money Entertainment Reality Show built around the idea of the “Money Mind”. Instead of focusing only on financial knowledge, the format aims to examine how people make decisions when faced with choices...

Rentomojo, Manipal Payment, and more: These 4 companies to raise over Rs 3,000 crore next week; key details inside

The domestic primary market is set to be very busy next week as many companies will float their initial public offerings (IPOs). IPOs Next Week: Manipal Payments, Rent Mojo, and Veegaland Developers are among them. The companies have finalised a price band for their maiden share sale. Together, they aim to raise over Rs 3,003 crore through IPOs. Below are the price band, issue size, listing date and other details of the IPOs opening next week...

'Even 50 doughnuts can't satisfy you permanently,' says RSS chief on materialistic craving

"We have all material happiness, but this cannot satisfy us permanently. If I like hot, delicious doughnuts in New York, I will eat doughnuts. How many doughnuts can I eat at a time? I don't know, but anyway, a man may eat at one sitting a maximum of 50. After that, he will not require; he will not be able to even see that doughnut. He will say, "No, no, no, keep that away," he said. "The doughnut is the same. What changed? And then, even after eating 50 doughnuts, tomorrow morning I am ready to eat 50 more. So, material happiness is transitory; it cannot satisfy. And if an abundance of material happiness is there, it may fail also. Therefore, there is no satisfaction -- that they learned by experience," Bhagwat added.

Fed rate decision still hangs on inflation after jobs report

The latest report didn't suggest the labor market is adding to price pressures, however, and analysts continue to expect the next Fed rate decision will hinge on inflation data due next week.

GIC Re shares: Why Angel One sees 25% upside on this PSU reinsurer

Gross premium for GIC Re rose 6.9 per cent to Rs 44,007 crore, the incurred claims ratio improved 304 basis points (bps) to 85.40 per cent and the combined ratio fell to 106.02 per cent from 108.81 per cent.

Bumper FCNR(B) inflows may dilute banks' margins but boost earnings by up to Rs 11,000 crore: Jefferies

The FCNR(B) scheme’s $127 billion inflows should boost banking sector earnings by Rs 10,000–11,000 crore annually, despite potential near-term margin pressure. Analysts highlight significant benefits for small private banks and NBFCs, while providing the RBI with increased foreign exchange reserves.

Global market today: Asian stocks rise as Fed rate-hike bets ease

MSCI’s Asia Pacific equities gauge climbed 0.3%, led by South Korea’s benchmark after Fed Governor Christopher Waller said he would support keeping rates steady if price pressures continued to ease. The comments earlier spurred a rally that helped the S&P 500 Index post its best session in a month, while the Nasdaq 100 Index climbed 1.2%.

Rs 1 lakh investment in SGB 2019-20 Series IV: How much could it be worth at September redemption? See calculations

SGB 2019-20 Series IV was open for subscription from September 9 to September 13, 2019, and was issued on September 17, 2019. The issue price was fixed at Rs 3,890 per gram. Investors who applied online and made payment digitally received a discount of Rs 50 per gram, taking their purchase price down to Rs 3,840 per gram.

US cities with the highest median income in 2026

Where you live heavily dictates your earning potential in today's shifting economy. Using figures drawn from Census American Community Survey (ACS) data nowcasted to March 2026, the national US median household income is US$85,828. However, a select group of metros blows past this benchmark, driven by booming specialized industries, high corporate density, and a concentration of highly skilled talent. Click on to explore the 30 highest-earning cities across the US.

Fixed deposit rules change with age: What young investors, seniors must know

Families can use FDs differently. Instead of putting all their money into one deposit, they can link individual deposits to specific financial goals.

Katie Piper: Here are 5 things every woman should know about money

Zerodha co-founder Nikhil Kamath's top 4 book recommendations to have on your wishlist

In an era where influencers promise overnight success and algorithms reward instant gratification, one billionaire is silently making a different recommendation, pick up a book. Not because it will guarantee riches, but because it might change the way you think before it changes the size of your bank balance. That subtle distinction could be the most valuable lesson of all. Investing in questions, not just answersThere is something refreshing...

Moneycontrol Pro Panorama | Chasing dollars, catching pain

Dear Reader, The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or an event or trend that investors should keep track of.The Reserve Bank of India had laid a red carpet for dollars through banks in June. What followed was a stampede of foreign currency non-resident bank deposits. At $127 billion, the FCNR...

Iranian rial in freefall as dollar breaks 2.1 million mark

The rial has lost 63% of its value against the dollar since March, with the euro hitting 2.55 million rials and gold coins changing hands at 2.26 billion. Iran's central bank governor pledged a $2 billion injection while acknowledging inflation had placed "heavy pressure on people's livelihoods." View on euronews

From financial awareness to financial entertainment: How India's money mindset is changing in the age of AI

There was a time when people used to treat money with caution, with the idea of saving first, spending carefully and avoiding unnecessary debt. But that approach has now reshaped after the advent of AI, which makes managing money feel less like a chore and more like a game in the form of "financial entertainment". Currently, everything is quick, as...

Investing in high-yield investments? Here are things that you should keep in mind

A high payout can be tempting, but yield alone cannot tell investors whether income is sustainable or whether capital is being preserved. Here’s what to examine across dividend stocks, Reits and InvITs.

Norway's $2 trillion fund looks to cut US treasuries and buy more mortgage debt: report

Norway's sovereign wealth fund plans to cut US Treasury exposure by nearly $80 billion and increase mortgage-backed debt holdings.

The women with billions in the bank and how they got there

One-time investment vs SIP explained to a 12-year-old: How SIP, lump-sum investment and compounding can grow your money

One-Time Investment vs SIP explained simply with Rs 50,000 lump-sum and Rs 2,000 monthly examples, showing how saving, investing, compounding, market risks and time can help beginners understand how money may grow over the years.

Stock market today: All you need to know going into trade on Sept 4

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

High-yield bonds pay more, but there’s a catch: Who should invest and how much risk can you take?

High-yield bonds offer higher interest income but carry greater credit, default and liquidity risks than highly rated debt. Experts explain who should consider these bonds, what investors should check and how much exposure may be appropriate.

2 flats, ₹39,000 rent, ₹85 lakh savings: Can this Delhi couple retire early? X user asks

Amit Arora revealed that the husband earns around ₹1.5 lakh per month, while his wife earns ₹22,000 from tuitions, taking their total monthly income to about ₹1.72 lakh.

46:1 bonus stock: Record date soon - Check face value and share price performance

TVS Holdings, a core investment company, is set to allot bonus shares to its shareholders. The record date for this purpose is approaching, while the stock is also witnessing decent traction.

Countries that use the most physical money

As digital wallets and contactless payments grow worldwide, some nations still cling to cash for everyday life. From small markets to bustling cities, residents continue to rely on bills and coins for groceries, transportation, and dining. Forex reports reveal striking differences in cash usage across the globe, highlighting unique economic, cultural, and infrastructural factors behind these trends. Click through to discover the 30 countries where physical money still dominated daily consumer transactions.

She saved money in a piggy bank for 9 years—what she did next is incredible (watch)

An Uttar Pradesh woman, Diksha Jaiswal, earned online praise after sharing her unique savings journey. Over several years, she collected money in a piggy bank. Instead of purchasing a car or gold, she used the accumulated funds to invest in a plot of land.

Got ₹10 lakh for your 5-year-old daughter? Experts explain how to invest it wisely to secure her future

Planning ₹10 lakh investment for a 5-year-old daughter? Experts recommend a diversified mix of equity mutual funds, Sukanya Samriddhi Yojana, and term insurance to build long-term wealth for her education and future.

16 mutual funds delivered over 20% SIP returns in 10 years; ₹10,000 monthly investment grew to ₹38.8 lakh

An analysis of mutual funds found that only 16 delivered more than 20% annualised SIP returns over 10 years, led by Nippon India Small Cap Fund at 22.51%. Small-cap and mid-cap funds accounted for 7 of these long-term winners, while the one-year leaderboard was dominated by small-cap funds.

Gold could gain another 12%, silver may face resistance ahead: Emkay Wealth explains why

Gold and silver may have recently seen profit booking, but the broader uptrend in precious metals remains intact, according to Emkay Wealth Management. The wealth manager expects gold to have another 12% upside, while silver could face resistance at $68 and $74 per ounce.Emkay Wealth said gold has found strong support around $4,060 an ounce, while silver has held the $58 an ounce level over the past four to six weeks. It said the resilience of...

RBI may raise repo rate to 5.75-6% in H2 FY27, rate hike cycle likely from December: UBI

Union Bank of India expects the RBI to raise the repo rate to 5.75-6% in H2 FY27, from the current 5.25%, with the rate-hike cycle likely beginning in December.

Gold rate today: Check 18k, 20k, 22k, 24k gold prices (September 4, 2026) at Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, Joyalukkas and IBJA

Gold prices experienced a notable rise today among prominent Indian jewellery retailers, including Tanishq, Malabar Gold & Diamonds, and Joyalukkas, who all reported an increased rate for 22k gold at Rs 14,360 per gram.

Why financial education is more valuable than financial tips - A case for learning over advice

Financial tips can offer quick ideas, but they rarely explain the thinking behind a decision. Financial education, on the other hand, helps people understand risk, valuation, goals and long-term planning. In a world filled with endless advice, learning how money works may be more valuable than simply knowing the next investment trend.

Stock market today: Dow Jones futures fall, S&P 500, Nasdaq 100 rise ahead of August's jobs report — LULU, PATH, DOCU in focus

U.S. stock futures were mixed on Friday, as the Dow Jones index fell while the S&P 500 and Nasdaq 100 indices rose, following Thursday’s higher close. Investors are eyeing the August jobs report, scheduled to be released ahead of the opening bell. Benzinga Pro estimates a rebound in the pace of monthly job growth, from a loss of 23,000 jobs in July to a gain of about 56,000 in August. Tensions remain elevated following a lethal explosion at an...

$4.4 trillion black money: Everyone in the world can get a laptop

Global illicit money flows reached $4.4 trillion in 2025, growing faster than the world economy. Organized crime and corruption alone accounted for $2.78 trillion in 2025. India's economic offenses rose significantly, with financial losses mounting each year. Recovery rates remain low, and convictions under anti-money laundering laws are minimal. The judiciary is proactively addressing emerging digital scams and cross-border financial crime.

Power in her pocket: Why financial independence matters to Delhi’s Gen Z women

For 23-year-old MBA student Rida Yumn Ahmed, financial freedom does not begin with a particular number in her bank account. “It is about having the freedom to make decisions without constantly worrying about its financial consequences,” she says. Money as freedom rather than wealth — is emerging as a defining way in which young women in Delhi talk ...

Exploring Gen Z's relationship economics: Increasing dating costs prompt financial reassessment; saving strategies on the rise

Dating in the modern world poses a substantial financial challenge for Gen Z. Expenses from casual coffee dates to elaborate dinners and thoughtful gifts can add up quickly, leading many to rethink their approach. Approximately one in four postpone serious relationship developments due to money matters, while strategies like budgeting emerge alongside doubts about their dating budgets, underlining the rising costs of love.

Currency check: Rupee opens flat at 94.47 per dollar; Asian peers trade higher

The Indian rupee opened flat at 94.47 per dollar versus the US dollar on September 4 , compared with Thursday’s close of 94.49. According to Finrex, the rupee is expected to open slightly lower at 94.60 and stay in the range of 94.00 to 94.75 in today’s session. The dollar index fell to 98.95 on rise in yen while Brent oil continues to stay near to $ 97 per barrel. Expectation that oil companies will continue to buy dollars due to higher oil...

Who were the SIP champions in FY26? ICICI Pru MF, HDFC MF led flows; Nippon MF gained most share

ICICI Prudential AMC and HDFC AMC led the mutual fund industry in monthly SIP flows in June, but Nippon India AMC emerged as the biggest gainer in SIP market share over the past five years, according to an Equirus Securities analysis. ICICI Prudential AMC accounted for 15.33% of industry SIP flows in June 2026, followed by HDFC AMC at 15.13% and SBI AMC at 12.60%. Nippon India AMC ranked fourth at 11.71%. While ICICI AMC and SBI MF have lost...

RBI faces $18 bn hedging cost over 5 yrs after netting $127 bn via NRI deposits

Success comes at a cost, and the Reserve Bank of India’s special foreign-currency mobilisation package is no exception. Analysts say that while the scheme has attracted $127.23 billion through Foreign Currency Non-Resident (FCNR-B) deposits over the last three months, it could leave the RBI with a hedging cost of around ₹2 lakh crore.#rbi #rbinews #reservebankofindia #nrideposits #forex #forexinflows #forexreserves #forexmarket #hedgingcost #currencyhedging #rupee #indianrupee #rbiforex #financialmarkets #bankingnews #cnbctv18

Need money urgently? Here's how to choose the right funding option.

Facing a financial emergency necessitates a strategic approach to funding resources. For SBI Credit Card users, features like Flexipay and Balance Transfer on EMI can alleviate immediate pressures. Although Cash Advance is available for urgent cash needs, it presents hefty charges; hence, it should be reserved for critical situations. Analyzing one's ability to repay, alongside differentiating between direct cash needs and payments to merchants,...

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

SIP vs post office RD: How long will ₹5,000 a month take to become ₹1 lakh?

Building a meaningful savings corpus does not always require a large starting amount. Even a disciplined monthly investment of ₹5,000 can gradually grow into a sizeable fund. For people who can regularly set aside a small portion of their salary, two popular choices are a mutual fund Systematic Investment Plan (SIP) and a Post Office Recurring Deposit (RD). Both allow investors to contribute money regularly, but they work very differently. A SIP...

Why Indians save so much while Europeans spend more freely: Indian living in Poland explains the money mindset

In India, there is a strong trend of saving money largely due to the notable inadequacies in healthcare and education systems. This contrasts with the European model where retirement is more secure through government support, reducing the need for personal savings. Additionally, the grandeur of Indian weddings demands extensive financial planning and saving.

Gold eases towards $4,500 ahead of key US jobs data

Mumbai, Sept. 4 -- Gold futures eased towards $4,500/oz as a firmer dollar and elevated Treasury yields weighed on bullion, with renewed Middle East tensions pushing oil prices higher and reviving...

5 high-performing mutual funds that doubled investor capital in one year

An investment in a mutual fund, either through a systematic investment plan (SIP) or a lump sum, can give staggering returns--like a stock--amid market volatility. Investors who focus on accelerating capital appreciation within shorter timeframes should select high-performing funds to get a handsome return through mutual funds. Below are five mutual funds---according to an analysis done by Jagran. com --- that have successfully doubled investor...

High salary isn’t enough: CA reveals 5 money habits that can help you build wealth

You don’t need a high salary to build wealth. What matters just as much is how you manage the money you earn and whether you can stick to good financial habits over the years. While some high earners struggle to build savings, people with more modest incomes can steadily accumulate wealth. According to Chartered Accountant Akhil Kancharla, founder of Akhil Kancharla & Associates in Hyderabad, financially successful people often share a few...

India debt investors call for higher short-term borrowing to absorb excess cash: Report

Market analysis indicates that there is a strong call for the government to boost the supply of short-duration bonds. Lenders, benefiting from excess rupee liquidity, are actively seeking viable investment options. In light of a pronounced increase in banking system liquidity surplus, the government is currently reviewing its fiscal second-half borrowing schedule, which is to be revealed later this month.

ICICI Bank buys additional stake worth ₹1,470 crore in ICICI Prudential Life

ICICI Bank has completed the acquisition of an additional 2% stake in ICICI Prudential Life Insurance Company for approximately ₹1,470 crore, taking its holding in the subsidiary to around 52.8%.The bank said it purchased 29,015,693 equity shares, representing approximately 2% of ICICI Prudential Life’s equity share capital as of June 30, 2026, through the stock exchange mechanism.The purchases were completed in multiple tranches between July 22...