Money

Is Rs 2 crore enough for retirement? See the monthly income you can generate and how long your corpus may last

Retirement planning India: Retiring with Rs 2 crore? Experts advise a prudent 3.5-4% withdrawal rate, yielding around Rs 60,000-Rs 70,000 monthly. This sustainable income hinges on lifestyle, inflation, and investment strategy, with a balanced portfolio of equities and bonds crucial. Avoiding common pitfalls like excessive early withdrawals and neglecting healthcare costs ensures your corpus lasts.

How to detox your money: Try these 5 tricks for one month to understand your finances better

These 5 tricks help ‘detox your money’. You can help reset your spending habits by curbing unnecessary purchases while covering essential expenses.

Consultancy fails to provide 'promised job' in Poland, Kerala man wins Rs 1.7 lakh payout

A Palakkad consumer commission held an education consultancy liable for deficiency in service after it took Rs 1.5 lakh from a man, promising him a job in Poland.

Completely different realities: 22-year-old techie compares life with childhood friend earning Rs 35 LPA

A 22-year-old tech professional has sparked an online discussion after reflecting on how his career has diverged from that of a childhood friend who now earns Rs 35 lakh per annum (LPA). Despite scoring almost identical marks in their Class 10 examinations, the two have taken different paths, leaving him questioning whether his own decisions have held him back. In a post on X, Gandharva described the emotional toll of watching someone who once...

From SUVs to 62-month EMIs: How India's car-buying habits are changing

From upgrading to SUVs to stretching repayments over longer periods, India's car buyers are changing how they approach one of life's biggest purchases. The big question is: how much does that dream car really cost?

Psychology says women who feel guilty spending on themselves were likely raised with these 3 beliefs

Hesitating before ordering the more expensive thing. Putting an item back because it feels unnecessary. Buying something and quietly hiding the receipt. For many women, spending money on themselves comes with a specific, nagging discomfort that has very little to do with how much is actually in the bank. Psychologists who study financial behaviour ...

Loan cleared but bank deducts Rs 73,000 from salary, constable wins Rs 1 lakh payout

The consumer commission held that a consumer of banking services is entitled to transparency and accountability in financial transactions affecting his account.

7 lucky plants that bring money, positive energy, and calm

There’s something almost magical about walking into a home filled with plants. The air feels lighter, the mood softens, and even the quiet corners seem more alive. Beyond their beauty, many people believe that certain plants carry the power to attract luck, wealth, and good energy. As city living becomes more fast-paced, people are turning to greenery not just for aesthetics but for emotional comfort. Plants help purify the air, reduce stress,...

Have over Rs 1.50 crore in mutual funds? Expert explains how to plan a Rs 16,000 monthly SWP in retirement

As retirement approaches, investors must prioritize sustainable income from their portfolios. Take, for example, a 59-year-old managing Rs 1.51 crore, seeking Rs 16,000 monthly via a systematic withdrawal plan. Experts suggest portfolio reallocation and asset diversification among fund houses. By structuring investments into three distinct categories based on cash flow, investors can better navigate withdrawals, reducing the risk associated with...

US man dies without will, wife wins half of Rs 206 crore fortune despite not being beneficiary

Nancy argued that she was entitled to a share under Kentucky's dower law. Under the law applicable at the time of Bill's death, a surviving spouse of someone who died without a will was entitled to half of the surplus personal property.

6 reasons why you should bring a Vastu brass turtle in your home for financial prosperity and success

Vastu Turtle Benefits: Did you know that the small brass turtle on your shelf could change your luck? According to Vastu Shastra, the tortoise is considered a very auspicious symbol and an indicator of harmony. Adding it to your home can solve your money problems and bring happiness and prosperity to your entire family. If you are planning to achieve success in your professional or business life, a brass tortoise would be an excellent choice....

She had a prestigious Wall Street job – two drinks exposed her paycheck-to-paycheck reality

Vivian Tu executed billion-dollar trades for Wall Street hedge funds, yet lived paycheck to paycheck and once had her card declined at a crowded bar. She had to wait until 12:01 for her paycheck to reach her bank account before she could settle the tab. A decade later, she reveals how financial literacy, investing, online banking and modern money tools helped her escape the financial chaos hidden behind an impressive career.

IDBI Bank sale may push disinvestment proceeds past Rs 1 lakh crore

The Centre is likely to surpass its Budget target of Rs 80,000 crore from disinvestment and asset monetisation in FY27, with the proposed sale of its 30.48% stake in IDBI Bank expected to fetch more than Rs 26,000 crore. The transaction could push total disinvestment proceeds past Rs 1 lakh crore, marking the highest annual collection in at least e...

Ankur Warikoo shares 3 reasons he bought his first house at 40: 'A very premium apartment'

"At 25 or 30, there s so much flexibility in life to change cities, even change countries if you want to. But by the time we reached 40, we already knew we re going to stay here," Warikoo shared.

How temple economy is being positioned as BJP's big poll plank for 2027

Religious tourism in Uttar Pradesh is no longer a footnote in the state’s economic story. It is becoming the headline. With more than 950 temples and pilgrimage sites either renovated, expanded, or rebuilt under a multi-agency push, the Yogi Adityanath government is not just building temples. It is building an electoral narrative for 2027, one constituency at a time. With over 950 temples and pilgrimage sites renovated, expanded, or rebuilt...

Petrol and diesel prices today, October 15: How much does fuel cost in Delhi, Mumbai, Bengaluru

Petrol and diesel prices remain unchanged on Thursday, but the CNG cost has risen by ₹2/L in at least 8 states

Europe's richest economies in 2026: countries with the highest GDP per capita

Europe is home to some of the world's richest countries in the world thanks to a strong financial system, high-value industries, global trade and a highly skilled workforce. The GDP per capita of the tenth country on this list is $82,421, according to IMF's 2026 projections. Take a look at the top 10 richest nations in Europe.

Telangana man saves ₹10 coins for 3 years to buy ₹1.23 lakh Honda Activa - video

Joseph said he had hoped to buy a Royal Enfield Bullet but had to abandon the plan because of financial constraints.

Couples, money, and the silent gaps no one talks about after 50

In this edition of Live to 100, we explore why financial dependence, not lack of wealth, is the biggest unseen risk for Indian couples over 50.

Buying an old flat? Check what the bank thinks it is worth before paying a token

A resale home can look like the easier way to buy into an established neighbourhood. The price may be lower than a new project, the house is ready to inspect and you know exactly what surrounds it. But an older property comes with a different set of risks. The bank may value it below the seller’s asking price, the building’s age can affect how much and how long you can borrow, and problems with the title, structural condition or stamp duty value...

Lincolnshire woman’s ‘broken porcelain’ attic box sells for more than £196,992 after 20 years in storage

A woman in Lincolnshire rediscovered a box of inherited Chinese porcelain in her attic after twenty years. She inherited the pieces from her grandfather, Brigadier Robert Kellie, who collected them in China. After taking them to an auction house, the porcelain pieces were appraised and auctioned. Many items sold for much higher than expected, including one lot that fetched £59,000.

Real picture: How rich are India’s richest 10%?

NEW DELHI: In a stark illustration of global economic divides, a person entering India’s top 10% of consumers gets by on just $10 a day—less than what someone entering the bottom 10% lives on in the world’s wealthiest nations. According to data from the World Bank’s Poverty and Inequality Platform, the poorest decile in the United States, Canada, G...

iPhone 18 Pro price: How much does it cost around the world?

The price of Apple's latest iPhone 18 Pro varies significantly across international markets. Taxes, exchange rates, import duties and regional pricing policies all contribute to the differences. In this News In Numbers report, WION compares the retail prices of the 256GB iPhone 18 Pro across countries to examine where the device costs more and where it is relatively affordable. The comparison offers a closer look at how local market conditions shape the price of Apple's flagship smartphone worldwide.

Warren Buffett became a millionaire at 32. What he advises youth trying to copy his success

Warren Buffett became a millionaire at 32 and has inspired many through his investing journey. He emphasizes starting young and the importance of compounding over time. Buffett used the metaphor of a 'snowball' to illustrate building wealth gradually. He recently transitioned leadership at Berkshire Hathaway and reflected on his career. Buffett expressed confidence in the company's future and his continued role as a shareholder.

'Baththa' BO day 14 vs 'Sigma': Vijay Sethupathi’s film earns Rs 26.78 cr in India

Vijay Sethupathi's Tamil drama 'Baththa' has grossed Rs 31 crore following 14 days in theatres. The film's net earnings stood at Rs 26.78 crore, reflecting a decline in weekday collections. It recorded a total of 2,255,958 admissions by Day 14, with 92,997 on Wednesday alone. Meanwhile, Jason Sanjay's debut film 'Sigma' has achieved a worldwide gross collection of Rs 10.12 crore.

Not your money or muscle: Women find these three traits attractive in men as per globally acclaimed dating coach

Women are undeniably attracted to men who exhibit quiet confidence and a great sense of humor. Beyond material possessions or looks, it’s the ambition fueled by meaningful passions and well-defined goals that truly captivates them. A man who recognizes his value and follows a clear path in life is incredibly appealing, as these qualities foster a joyful and fulfilling partnership.

Blackstone plans to double India investments to $100 billion: Where will the money go

Blackstone plans to double its India investments to $100 billion over five years, targeting real estate, digital infrastructure, financial services, healthcare and manufacturing.

Kumar Mangalam Birla eyes $30 billion investment amid global uncertainties: 'You either grow or you go down'

Kumar Mangalam Birla plans to invest up to $30 billion across the Aditya Birla Group’s businesses over next two to three years, adding about increased spending in the United States. The Aditya Birla Group has operations in 41 countries, reported revenue of $72 billion in financial year ended March.

Bessent's growth plan can't fix US debt problem, IMF chief warns

"The authorities very much rely on strong growth in the US," Managing Director Kristalina Georgieva said Wednesday. "Growth, of course, helps but it cannot deliver fast enough the necessary adjustments."

Man laid off in his 40s reveals 3 things that changed after losing his job: 'It actually has major benefits'

Losing a job in your 40s can bring stress, especially after years of building a career. But one man who went through a mid-career layoff says the experience also changed the way he looks at friendships, money and work.The man, who runs the Instagram account ‘Midlife Reboot’, describes himself as an “18 yrs corporate leader” who was laid off. His profile says, “Proving that a midlife layoff isn’t the end, it’s the reset.”He Says A Layoff Shows...

Apple market value tops $5 trillion after unveiling new smart-home device

Apple’s market value crossed $5 trillion on Wednesday, with its shares trading at $344.61, following the launch of a new smart-home product.Apple had briefly crossed the $5 trillion mark for the first time on July 28, becoming the second company after Nvidia to reach the milestone.The latest development follows the unveiling of the HomeView smart-home hub at an event in New York on Tuesday. The device uses data from users’ iPhones to make Siri,...

US Treasury hits Bank of America with over $1.2 billion in penalties over suspicious transactions and Chinese money-laundering links

The US Treasury Department on Tuesday (Oct 13) announced penalties exceeding $1.2 billion against Bank of America, accusing the lender of violating anti-money laundering and sanctions laws, including failing to report more than $5 billion in suspicious transactions. The department said some of the transactions raised national security concerns, inc...

UPI payments at petrol pumps in trouble? Punjab, Haryana dealers make big announcement over MDR

Petrol pump operators in Punjab and Haryana have decided to stop accepting UPI payments in protest against the Merchant Discount Rate (MDR). The move could inconvenience customers who rely on digital payments to purchase petrol and diesel. Last month, the Centre announced a 0.4 per cent MDR on UPI payments above Rs 2,000 made to merchants, with the charge capped at Rs 300 for transactions of Rs 75,000 and above. This marked a shift from the...

Accenture lays out three-year plan to approach $100 billion revenue despite macro drag

CEO Julie Sweet said the company plans to harness tech modernization, mid-market expansion, and an $8-billion M&A budget to drive long-term growth.

The richest man in history had more wealth than entire countries

It sounds exaggerated. But by most historical estimates, the richest person to have ever lived wasn’t a modern billionaire. It was Mansa Musa, a 14th-century ruler of the Mali Empire.And his wealth wasn’t just large. It was on a completely different scale.Mansa Musa ruled over one of the richest regions in the world at the time, covering large parts of West Africa. This wasn’t just any territory — it was one of the main sources of gold, which...

Top 5 highest-grossing superhero franchises: Does Marvel beat DC at the box office?

Discover which superhero franchise is the highest grossing one till date. From Spider-Man to Batman, read ahead to find out whether Marvel dominates at the box office over DC here.

Asset rich but cash poor? The retirement trap that could hurt your savings

A person may own a valuable house, land or other investments but still struggle to pay for groceries, medical bills and everyday expenses.

Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exempt

Retirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It's crucial to identify which income streams are subject to taxation and which advantages remain untaxed to prevent errors and manage your finances wisely. Learn strategies to legally minimize your tax responsibilities after retirement and bolster your financial stability.

Quote of the day by John D Rockefeller: If your only goal is to become rich, you will never achieve it

John D. Rockefeller, a titan of the oil industry, built immense wealth. His famous quote suggests wealth alone is not the ultimate goal. True success stems from creating value and pursuing long-term objectives. Rockefeller's life exemplified this by building Standard Oil and later philanthropy. His legacy highlights building something valuable over mere financial accumulation.

Paul Black’s 3 thumb rules for identifying great wealth creators

Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats, strong corporate cultures and improving returns on invested capital, while patience and an information edge can help investors identify and hold potential long-term wealth creators.

Indian-Origin Doctor Says Mom ‘Worked As Babysitter, Saved $10,000’ & Helped Buy First Home 56 Years Ago In The US

For many immigrant families, life in a new country begins with uncertainty, financial pressure and everyday struggles that rarely make headlines. One such story is now going viral on X after a US-based Indian-origin doctor shared how his mother, newly arrived in America in the 1970s, took up babysitting to support the family while his father worked long hospital shifts. This decision eventually helped the family buy their first home in the...

Forget luxury cars: These are the real signs of financial success

Financial success looks different for everyone. It’s not always about earning the highest salary or owning the most expensive things. Often, it’s about having control over your money, preparing for the future, and living without constant financial anxiety. If several of these signs apply to you, chances are you’re doing better financially than you give yourself credit for.Many people assume financial success means owning a luxury car, living in...

Bank of Baroda appraiser arrested in Rs 1.45-crore gold loan fraud in Andhra

The fraud came to light following a complaint by the bank's branch manager.

The luxury car bill begins before you leave the showroom

New or pre-owned, a premium badge comes with taxes, depreciation and repair costs that rarely show up in the sticker price. A look at the numbers. A luxury car can look surprisingly affordable once you get past the badge and start comparing EMIs. A three-year-old model may cost almost half as much as a new one, while a tax cut has made some new luxury cars cheaper too. But the purchase price is only one part of what you will spend. Depreciation,...

Chinese woman spends life savings in Antarctica after cancer diagnosis, finds tumour has shrunk post trip

After returning from the trip, Wang visited a hospital for a follow-up examination. To her surprise, doctors found that her tumour had shrunk compared with her previous examination a month earlier.

Pre-2018 vs post-2018 investments: How much could you save if LTCG tax goes on a Rs 50 lakh portfolio?

Your equity portfolio, bought for Rs 10 lakh, was worth Rs 25 lakh on January 31, 2018, and is now valued at Rs 50 lakh. If the government removes long-term capital gains (LTCG) tax on listed shares and equity mutual funds, how much tax could you save? The answer depends on the gains that are taxable under the existing rules, not on your portfolio’s current value alone. The grandfathering provision protects eligible gains accrued up to January...

6 stocks jump up to 18% in a falling market: Aegis, Vedanta Power, Transformers lead gains

Transformers and Rectifiers, Aegis Logistics, Vedanta Power and Tata Elxsi are among the stocks in focus on October 14. Here’s what is driving their share price movements.

Stocks to watch for October 15: RIL, IDBI Bank, CSB Bank, Tata Tech, HDB Financial and more

HDB Financial Services | The NBFC firm reported a 34% year-on-year (YoY) rise in net profit to ₹780 crore for Q2FY27, compared with ₹581 crore in the corresponding quarter last year. Net interest income (NII), rose 15.5% YoY to ₹2,534 crore, from ₹2,193 crore a year earlier. Company’s board declared an interim dividend of ₹2 per equity share with a face value of ₹10 each. IDBI Bank | After years of back and forth, CCEA clears strategic restructuring of IDBI Bank for 52, 878 cr. Fairfax Finacials chosen as the qualified bidder for IDBI stake sale,Govt and LIC will retain 34% stake in restructured entity. For the fresh financial bids benchmark price was set at ₹75.99/share and the best offer bid came in at ₹81 which was accepted. Tata Technologies | Company reported a 5% YoY decline in consolidated net profit to ₹171.4 crore for Q2FY27, compared with ₹181 crore in the year-ago period. The company’ revenue in US dollar terms rose 22% year-on-year in constant-currency terms, while services segment revenue grew 26%. Company said it is confident to deliver strong double-digit growth for the full year. Aeroflex Industries Ltd | The firm plans to invest ₹202 crore by March 2028 to expand manufacturing capacity across stainless steel (SS) hoses, hose assemblies and liquid cooling systems, as it looks to tap rising demand from data centres and other industrial applications. At peak capacity utilisation, the expanded facilities are expected to generate an additional ₹500-550 crore in revenue, the company said. Bajaj Consumer Care | The firm reported a 67.1% year-on-year (YoY) increase in net profit to ₹70.2 crore for the September quarter, compared with ₹42 crore in the year-ago period. Revenue rose 25.7% YoY to ₹333 crore from ₹265 crore, while EBITDA surged 70.8% to ₹82 crore from ₹48 crore. EBITDA margin expanded to 24.7% from 18.1% a year earlier.

How I eliminated $43k of debt in seven months using the 'snowball method'

'Businesses go kaput': Why Ekta Kapoor calls real estate the safest investment

Ekta Kapoor calls real estate the safest investment, crediting her father Jeetendra's money lessons and sharing how her family built a successful property business.