Money

Entering your 40s? Here’s how to strategise your investments

Strategic investment planning at this stage should be aimed at reducing debt, increasing focus asset building, and maximising savings wherever possible. Let s find out how you can go about doing that.

New capital gain tax rules make investing in overseas stocks tax-efficient

Foreign stock investments get the same tax treatment as Indian stock investments.

How to build Rs 1 crore nest egg: A guide to SIP calculators

The earlier you start, the higher the probability of achieving your target. Time is your ally in investing, as it amplifies the power of compounding. If you begin investing in your 20s, the monthly amount needed to reach ₹1 crore by your 40s is significantly lower than if you start later.

China's trade surplus reaches a record of nearly $1 trillion

This surplus was one of the highest in history, even exceeding those of Germany, Japan, and the United States. This led to tensions with trade partners and potential trade wars.

​8 reliable income sources for achieving financial stability​

​Explore eight distinct paths to generate income, each offering unique opportunities to enhance your financial stability. Whether you seek passive revenue or active engagement, there's an option tailored for you.​

Money talk can save intimate relationships

Therapist highlights the importance of financial intimacy in relationships, as lack of transparency can lead to conflict and mistrust. Discussing money fosters trust and security.

How financial stress impacts one's mental health and relationships

Financial stress significantly impacts emotional, physical, and mental health. It can lead to anxiety, depression, sleep disturbances, and reduced self-esteem. Financial problems create distractions, affecting productivity and personal relationships. Managing finances effectively and seeking assistance from friends and family when needed can help alleviate some of this stress.

10 practical steps for single women to achieve financial independence

Becoming financially independent is one of the most empowering things you can do for yourself, especially as a single woman. It gives you the freedom to make your own decisions, pursue your dreams, and live life on your own terms without relying on anyone else for financial security. Whether you're just starting out in your career, looking to manage your money better, or planning for big future goals, taking control of your finances can open up...

Compounding: ₹1 lakh investment in this mutual fund would have swelled to over ₹4 crore in 29 years; check how

Tata Mid Cap Growth Fund: This mutual fund scheme has shown a CAGR of 13% to 23% in 30 years. Investing consistently allows for compounding returns, with a ₹1 lakh investment potentially growing to crores in established funds.

China said to cut pay by half for staff at top financial regulators

China implements significant pay cuts for staff at its top three financial regulators, including the central bank, starting in 2023. Staff at the People's Bank of China, the National Financial Regulatory Administration, and the China Securities Regulatory Commission will see their income reduced by about half, aligning their salaries with other civil servants to promote equity within state agencies.

Rupee crash to burden your pocket; TVs, refrigerators, ACs to get dearer by 5%

The price hikes, however, are likely to come in post Budget, by March, after taking into account budgetary sops as well as commodity and currency headwinds.

Budget 2025: Does old tax regime still make sense or should it be scrapped?

Old vs new income tax regime: As Budget 2025 approaches, whispers of scrapping the old income tax regime have grown louder. Has the old regime lost its charm with the government's push for the new tax regime?

Is there a right time to sell mutual funds ? | Money Shots Ep 12 with Neil Borate

New Delhi, Jan. 9 -- Simplifying personal finance for you - one step at a time! Tune into Mint Money Shots to know those little tips and tricks on how to manage your money smartly, be it mutual funds, or any other investment vehicle!

View: Family business thrives by balancing profit, purpose, frugality, trusteeship & governance

Family businesses prioritize preserving wealth for future generations through frugality and strategic governance. It is about balancing profit with purpose, benefiting all stakeholders. Clear policies and disciplined decision-making are essential for long-term success, ensuring wealth is managed prudently and sustainably.

Net direct tax collection up over 15.9% at Rs 16.89 lakh crore

India's net direct tax collections have grown 15.9 percent to Rs 16.89 lakh crore in the current financial year from Rs 14.58 lakh crore in the year-ago period, the income tax department has said. The Central Board of Direct Taxes (CBDT) said net direct tax collection of Rs 16.89 lakh crore, until January 12, includes corporate tax at Rs 7.68 lakh crore (net of refund), non-corporate tax at Rs 8.74 lakh crore and securities transaction tax at Rs...

Good money habits to follow for financial success in life

Learn the money habits for a fulfilling future.

What does 'written off' mean in your CIBIL report and how it affects your credit score?

Credit score: Your credit history is crucial for obtaining loans and credit cards. A 'written off' status in your CIBIL report suggests unrecoverable debt, negatively affecting your creditworthiness and making it difficult to secure future financial opportunities.

Adani Power, Adani Green to Adani Enterprises — Why are Adani group shares skyrocketing? EXPLAINED

Adani group companies experienced significant buying activity on January 14, with all stocks showing positive movement.

Like Liz Truss, is UK's Labour Chancellor Rachel Reeves heading the lettuce way? Reports say she may be fighting for her job

Latest reports have revealed that the Labour Chancellor of UK Rachel Reeves is actually facing a pretty tough time recently as her job is at stake due to the major economic concerns going on in the UK.

EXPLAINED: Why Indian Rupee is falling against US Dollar - INSIDE INR vs USD historic plunge | Currency analysis and RBI options

Why Indian Rupee is falling against US Dollar: The Indian currency is the third worst performer among Asian peers, amid concerns about Asia’s third-biggest economy slowing.

Gold Rate Today January 14: Check Latest 22K/24K Gold Prices In Delhi, Kolkata, Chennai, Mumbai, Lucknow And Other Cities

Gold Price Today: The future gold rate surged a bit to trade over the 78K mark on the Multi Commodity Exchange (MCX) on January 14. At around 9:17 am, the gold future rate was trading at Rs 78,220, up 0.7 per cent compared to the previous day's closing price. The rate of gold has been on an upward movement in the new year so far. For the past two months, the gold price had been on a roller coaster ride as it went down below 70K and surged over...

4 effective tips to make studying in top destinations financially accessible

Studying abroad is a dream for many Indian students, but financial constraints can be a challenge. This guide explores cost-effective study programmes, scholarships, and funding options to make global education accessible.

Mutual Funds: 5 important factors that you must check before investing

Mutual funds offer a potent avenue for wealth accumulation, but it’s crucial to educate yourself before making investments.

Game Changer box office collection day 5: Ram Charan, Kiara Advani-starrer shows growth, crosses ₹100 crore

Game Changer box office collection day 5: Shankar’s maiden Telugu film, which is touted as a political thriller, released in theatres on January 10.

Number Theory: $70 billion of reserves gone in 14 weeks

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8 books that can make you the master of financial know-hows

Money, finances, investing, portfolios, all of these sound rather hefty words. And so naturally, people are afraid of treading too much into them. But, there are some books in the market, which can make you a master of financial know-hows. Here we list some of them.

Salary hikes, workforce expansion expected this year: Report

Employees in India can expect a 9.4% salary increase in 2025, driven by economic growth and high demand for skilled talent. The automotive sector leads with a projected 10% rise, while manufacturing and engineering follow closely. Voluntary attrition is anticipated to stabilize at 11.9%, and 37% of organizations plan workforce expansion to meet demand.

What are Panda bonds that Pakistan is banking on to raise money?

Cash-strapped Pakistan, which for months has been heavily dependent on loans from the International Monetary Fund (IMF) to keep its economy running, is now experimenting with a new bond scheme. Pakistan has said it has been working to issue Chinese currency yuan-denominated Panda bonds this year to shore up its finances.Pakistan plans to raise $250mn from Chinese investorsThrough the Panda bonds, Pakistan aims to raise $200 to $250 million from...

The ROI of US Higher Education: How Your Degree Choice Affects Your Future Earnings

How the return on investment (ROI) of US higher education varies based on degree choice and field of study. It reveals that degrees in fields such as engineering, computer science, and nursing tend to provide higher ROI, with lifetime earnings often exceeding $500,000. In contrast, degrees in arts, education, and psychology may offer minimal financial returns. The report highlights the importance of selecting the right degree for maximising...

How Much Money Should You Have To Retire Early In India?

The retirement corpus is the total amount of money you need in your investment and savings accounts to comfortably retire without needing to work again. It should be enough to outlast you, considering factors like life expectancy and inflation.Factors Influencing Retirement Corpus in IndiaLifestyle Choices: Your desired lifestyle during retirement heavily influences the required funds.Inflation: With India’s average inflation rate around 6-7%...

10 habits draining you financially

Carrying a credit card balance accrues high interest that piles up monthly. Paying off your dues on time can save you thousands of rupees in interest, keeping finances in check.

Are fixed deposits still the best bet for Indian investors?

Fixed deposits are safe but face risks like limited protection, reinvestment challenges, and low post-tax real returns.

Crypto Prices Today: Bitcoin rebounds to $94.8K; Dogecoin, Hedera surge over 3%

Crypto prices show recovery after a drop, with Bitcoin rebounding to $94,856, up 1.2%. Ethereum slips 0.9%. Bitcoin finds support at $89,200, and institutional moves, like BlackRock’s Bitcoin ETFs, boost sentiment. Altcoins such as Dogecoin and XRP gain, while stablecoins dominate the market volume at 92.61%. Bitcoin’s market cap rises to $1.879 trillion.

Morepen Laboratories to hive off medical devices business to subsidiary Morepen Medtech

Pharmaceutical company Morepen Laboratories Ltd on Tuesday (January 14) said its board has approved the hiving off of its medical devices business to its newly incorporated subsidiary, Morepen Medtech Ltd, on a slump sale basis as a going concern. The transaction is subject to requisite regulatory and shareholder approvals."This is to inform that the Board of Directors (the 'Board') of the company at their meeting held today i.e., Tuesday,...

Bitcoin Miner Blocked From Retrieving Hard Drive With Rs 6,290 Crore From Garbage Dump

Some people work hard day and night to become rich, while some people’s luck makes them millionaires overnight. An unlucky individual who despite amassing Rs 6,290 crore, lost everything due to an oversight.James Howells, a British resident, informed the High Court that he purchased Bitcoin cryptocurrency in 2013. At the time, its value was negligible, but today it is worth £59.8 crore (₹6,290 crore). Howells explained that, due to a friend’s...

What NRIs need to know about Indian income tax rules

Navigating financial planning as a Non-Resident Indian (NRI) involves understanding various tax implications and leveraging available exemptions to optimise returns. Investment options are plenty for NRIs in India, but effective financial management boils down to choosing tax-efficient strategies. Taxable income for NRIs in IndiaIncome earned or accrued in India is taxable for NRIs. Unlike resident Indians, whose taxes are based on global...

Trade setup for January 15: Top 15 things to know before the opening bell

The market snapped its four-day losing streak after a gap-up opening, rising four-tenths of a percent on January 14, with breadth turning in favour of the bulls. Overall, sentiment remains bearish. The Nifty 50 needs to close the bearish gap of January 13 by climbing and sustaining above the 23,350 zone for further upward movement towards the 23,500 level (10-day EMA), followed by 23,700 (200-day EMA). However, if it sustains below 23,350, the...

How To Save For Your Child's Education? Planning For Rising Costs In India

Planning for your child’s education has become one of the most critical aspects of financial management in India. With education costs increasing at an alarming rate, particularly for higher studies and overseas programmes, proactive financial planning is essential. The importance of education in shaping your child’s future career and personal growth cannot be overstated, making it imperative for parents to adopt a strategic approach.Here’s a...

How Much Should You Be Earning At 40 To Retire At 50 In India?

Retiring at 50 is an ambitious financial goal that demands thorough planning, substantial savings, and savvy investment strategies, particularly if you are beginning at age 40. Here’s a detailed guide exploring the financial principles and strategies necessary to realise this goal within an Indian context, taking into account factors like income levels, savings rates, investment returns, and lifestyle adjustments.1. Understanding Your Retirement...

10 common money habits of self-made millionaires

​Successful millionaires capitalize on opportunities that promise financial success and security. They have certain positive habits that demonstrate financial prudence. Here we list down ten common money habits of self-made millionaires.​

Govt Approves ₹2,000 Cr QIP Plan For Each Of 5 Public Sector Banks: Sources | CNBC TV18

Sanjay Bakshi On Achieving Financial Independence Without Any Stress | Tips For Investing | Business

Sanjay Bakshi On Achieving Financial Independence Without Any Stress | Tips For Investing | BusinessSanjay Bakshi shares valuable tips on achieving financial independence without the burden of stress. With his extensive knowledge and experience, Bakshi provides practical advice on investing wisely and building a solid foundation for financial security. Whether you're a beginner or an experienced investor, Bakshi's tips and strategies will help you navigate the complex world of finance with confidence.#etnow #et #etnowenglish #stressfreeinvesting #sanjaybakshi #nikunjdalmia #sharemarket #businessnews

Why New York is Building on TOP of its Skyscrapers

New York is so full that it's now building on top of its existing high-rises. Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks - https://www.masterworks.art/theb1m This video contains paid promotion for Masterworks. Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. See important Masterworks disclosures - https://www.masterworks.com/cd Full story here - https://theb1m.com/video/why-new-york-is-building-on-top-of-its-skyscrapers Research sources - https://www.bloomberg.com/opinion/articles/2023-03-29/how-wall-street-became-a-fancy-residential-neighborhood?embedded-checkout=true https://nypost.com/2022/02/24/inside-one-wall-st-nycs-largest-ever-office-conversion/ https://www.curbed.com/2023/04/macklowes-one-wall-street-is-largest-ny-office-conversion.html https://www.ft.com/content/4e5af632-105e-443c-9f7f-ed926b22c8df https://www.nytimes.com/2018/07/20/realestate/one-wall-street-becomes-condos.html Additional footage and images courtesy of One Wall Street. For more by The B1M subscribe now - https://bit.ly/the-b1m We're raising awareness of construction's mental health crisis through our Get Construction Talking initiative. There’s a video series on our channel and you can find support or donate at - https://www.getconstructiontalking.org/ Follow Get Construction Talking Instagram - https://www.instagram.com/getconstructiontalking/ Twitter - https://twitter.com/GetConstTalking LinkedIn - https://www.linkedin.com/company/get-construction-talking/about/ Listen to The World's Best Construction Podcast by The B1M Apple - https://apple.co/3OssZsH Spotify - https://spoti.fi/3om1NkB Amazon Music - https://amzn.to/3znmBP4 View this video and more at - https://www.TheB1M.com/ Follow us on Twitter - http://www.twitter.com/TheB1M/ Like us on Facebook - http://www.facebook.com/TheB1M/ Follow us on TikTok - https://www.tiktok.com/@theb1m/ Follow us on LinkedIn - https://www.linkedin.com/company/the-b1m-ltd/ Follow us on Instagram - http://instagram.com/theb1m/ The B1M Merch store - https://theb1m.creator-spring.com/ #construction #architecture #skyscraper We welcome you sharing our content to inspire others, but please be nice and play by our rules - http://www.theb1m.com/guidelines-for-sharing Our content may only be embedded onto third party websites by arrangement. We have established partnerships with domains to share our content and help it reach a wider audience. If you are interested in partnering with us please contact [email protected]. Ripping and/or editing this video is illegal and will result in legal action. © 2024 The B1M Limited

Mahakumbh 2025: From ₹7,500 cr budget to ₹2 lakh cr expected revenue – mela economy’s multiplier effect revealed

The Mahakumbh 2025 is set to create a staggering ₹2 lakh crore revenue boost for Uttar Pradesh, with a projected 400 million visitors. This mega event not only fosters spiritual unity but also fuels local economies, generating jobs and opportunities for thousands across various sectors.

Budget 2025: Home loan tax benefits to be included in New Tax Regime? Here’s what tax experts say

Budget 2025: Under the old tax regime, salaried employees can claim a deduction of up to Rs 2 lakh on the interest paid for a home loan on self-occupied property. However, this benefit is not available under the new tax regime.

Why you should invest in US stocks in 2025 despite it being expensive

US stocks are likely to remain strong for a long period of time, according to a prediction by Goldman Sachs. The bull market has left the S&P 500 ‘more expensive than at least 90% of the time since World War II,’ says Goldman’s investment strategy group. But the question is why should you invest in US stocks in the year 2025 despite it being historically expensive.

Donald Trump wants to buy Greenland, and he is serious: Here's how much it would cost

President-elect Donald Trump has expressed interest in acquiring Greenland. He is considering diplomatic and economic pressure on Denmark, aiming to expand American influence and cement his legacy. In the same breath, he wants Canada to become the US’ 51st state and also threatened to gain control of the Panama Canal. Trump's desire to acquire Greenland, an autonomous territory of Denmark, comes with a hefty price tag - between $12.5 billion and...

PhonePe sharpens quick commerce play in first for a payments company

Walmart-backed PhonePe is poised to enter the quick commerce market, driven by growth prospects in the red-hot sector and its impending public listing, marking its third foray into online retail. After exiting the government-backed Open Network for Digital Commerce (ONDC) last year, PhonePe’s ecommerce venture, Pincode, has fully pivoted to the quick model.

Physical Gold Vs Gold ETFs: Which is better? 5, 10 and 15-year returns compared!

Physical gold has delivered higher returns over 5, 10, and 15 years, but Gold ETFs offer liquidity, transparency, and cost-effectiveness, making them a convenient investment choice.

4 Smart Strategies To Save Money While Managing Your Spendings

Tips To Save Money: One of the most crucial habits you can form is saving a portion of your income, as it acts as a safety net to help you navigate difficult times and unforeseen challenges. Having a financial cushion ensures that you won't have to rely on credit cards or loans, which can lead to debt and worsen an already challenging situation. By systematically saving even a small portion of your monthly salary, you can eventually build a fund...