Personal Finance

Financial independence for women: Not investing for yourself? Money mistakes decoded by financial expert Samir Shah | ET Now exclusive

Financial Independence for Women: One of the biggest financial mistakes many women continue to make is not building an investment portfolio of their own. As conversations around wealth creation, financial independence and long-term security gain momentum, an important question emerges: Is financial independence even more important than financial security?

Lifetime ISA rates soar to 5.51%: Is it worth opening one to save for your first home?

Plum and Moneybox are battling to offer the top Lifetime Isa rate, with the providers paying well above the best rate on an easy-access Isa.

Razorpay IPO: Fintech company may file DRHP next week, sources say

Razorpay, the Bengaluru-based financial solutions company, is gearing up for its Initial Public Offering (IPO) and eventual Dalal Street debut.As per sources who spoke to CNBC-TV18, the financial services player is set to file a confidential Draft Red Herring Prospectus (DRHP). This DHRP may come in sometime as early as next week.As per estimations, the Razorpay IPO size is pegged at about $500–600 million or about ₹4,700 crore to ₹5,700 crore....

US IPO market to have record-breaking year as proceeds gathered could exceed $225 billion

After four years of subdued activity, the US initial public offering (IPO) market is witnessing a strong revival in 2026, with both deal volumes and fundraising momentum picking up sharply. US IPOs have collectively raised about $28 billion so far this year, the highest amount raised during the first five months of any year since 2021. Investor appetite has also remained healthy, with newly listed companies delivering average first-day gains of...

Finance expert shares how much money you should have saved by 30, 40 and 50 to stay on track with long-term goals

From emergency funds to retirement planning, finance expert reveal age-wise savings goals for your 30s, 40s and 50s.

SBI shares likely to rise 30%, says Jefferies; cites these key factors

SBI share price: Jefferies maintained its "Buy" recommendation on SBI and assigned a target price of Rs 1,300 per share, indicating a potential upside of nearly 30% from prevailing market levels.

The next big money game is here. Everyone wants a seat at the table

India's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in potential clients ready to invest. New IPOs are fostering considerable wealth for entrepreneurs. As a result, banks, startups, and major corporations are racing to capitalize on this high-margin, fee-based environment.

How a Rs 40,000 monthly salary could help you build a Rs 1 lakh corpus within a year

Building a Rs 1 lakh corpus within a year may seem ambitious for someone earning Rs 40,000 a month, but financial experts believe it is achievable with careful budgeting and disciplined investing. By setting aside a fixed portion of monthly income and investing consistently through a mutual fund SIP, individuals can develop healthy financial habits while moving closer to a meaningful savings milestone.

A lottery winner got $16 million - then went $500,000 in debt in 3 months

Winning the lottery sounds like the ultimate escape, but the money can create problems just as fast as it solves them. Experts often advise winners to hire lawyers, avoid scams, protect themselves from harassment, and make careful decisions about spending, debt, taxes, and whether to take a lump sum or annual payments. The transcript highlights one winner who received $16.2 million, then fell $500,000 into debt within just three months. The real lesson is harsh: a jackpot can change your bank account overnight, but it cannot replace discipline, patience, or financial judgment.

Financial independence: Why enabling agency and accountability matter for women, parents, and dependants

I would like to place for discussion not just the question of freedom to decide, but also responsibility and accountability. Why don’t we provide a monthly allowance in cases where explicit incomes that enable agency are not present? Does it denigrate the ‘care’ and ‘love’ to rupee terms, which makes it uncomfortable?

How a Rs 1 lakh monthly salary could help you build a Rs 5 crore corpus through smart investing

Building a Rs 5 crore corpus may appear difficult for salaried individuals, but financial experts believe it can be achieved with discipline, patience and a structured SIP investment plan. By consistently investing a portion of a Rs 1 lakh monthly salary and allowing the power of compounding to work over the long term, investors may steadily move towards a sizeable financial goal. A step-up investment strategy could further shorten the journey.

I sold a buy-to-let and banked £175k, what should I with the money?

I currently have no investments, but have already filled my cash Isa allowance. I want this money to work hard and am willing to take some risk.

Daily numerology horoscope, June 13, 2026: Budgeting, savings and long-term success take priority for numbers 1 to 9

Daily Numerology for 13 June 2026 offers practical financial guidance for all birth numbers, encouraging disciplined spending, thoughtful planning, and a stronger focus on long-term money goals. Number 1 (People born on 1, 10, 19 and 28 of any month)Ganesha says today is a day to put special focus on your financial planning. It's a perfect day to take a step back and evaluate your long-term financial goals. Prioritize strategies that bring...

Investing in SpaceX from India: Rules, options and risks explained

The blockbuster initial public offering (IPO) of SpaceX has sparked interest among investors worldwide, including in India. The company raised a record $75 billion in its Nasdaq debut, valuing the rocket and satellite maker at about $1.77 trillion and making it one of the world's most valuable listed companies.However, for Indian retail investors, participating in the IPO itself is far from straightforward.Can investors in India buy SpaceX...

Bank Nifty jumps over 1%, all 14 constituents gain; HDFC Bank leads banking stocks higher

Banking stocks emerged among the biggest drivers of the market rally on Friday, with the Bank Nifty index rising more than 1 percent and all its constituents trading in the green. Strength in heavyweight lenders such as HDFC Bank, ICICI Bank and State Bank of India helped lift the benchmark indices, with HDFC Bank emerging as the single-largest contributor to Nifty gains. At 9:55 am, the Nifty Bank index was up 1.25 percent at 55,867.40,...

US stocks steady as SpaceX market debut approaches

U.S. stocks remained stable ahead of SpaceX's significant market debut, while oil prices fell. The market showed signs of investor optimism amidst geopolitical developments.

Why did stock market rally today? BSE Sensex ends around 1,700 points up; investors richer by Rs 10.2 lakh crore - top reasons for rise

The sharp rally boosted the cumulative market capitalisation of BSE-listed firms by more than Rs 7 lakh crore, taking the overall valuation to nearly Rs 460 lakh crore.

Japanese investors sought more than $6.2 billion worth of SpaceX shares at IPO, sources say

Japanese investors showed immense interest in SpaceX's record-breaking IPO. They sought over one trillion yen in shares, with retail investors leading the charge. This strong demand mirrored global enthusiasm for Elon Musk's company. Japanese investors ultimately secured 2.2 billion dollars worth of stock. The IPO was the world's largest public listing, raising 75 billion dollars.

That gold ring you bought in 2016 could be worth 5 times more today. Here’s how

Gold has long been more than just jewellery; it is one of the most trusted forms of investment. For generations, families have turned to gold as a store of wealth and financial security. The sharp rise in gold prices over the past decade has only reinforced that belief. A small gold purchase made by a middle-class family ten years ago could be worth several times more today, highlighting gold’s enduring value as a long-term asset.Consider this...

Foreign capital could return as oil prices stabilise, market outlook improves

India's efforts to attract greater participation in its debt and equity markets remain closely linked to global economic conditions, particularly oil prices and currency stability. While recent policy measures may support foreign investment flows, broader macroeconomic factors continue to play a decisive role. G Chokkalingam, Founder & MD, Equinomics Research, explains why a sustained decline in oil prices and an end to geopolitical tensions could significantly improve foreign capital inflows into India's debt, equity, and direct investment segments. He also shares his outlook on the rupee, foreign investor sentiment, and the long-term attractiveness of India's growth story. The conversation highlights why India remains a compelling destination for global investors despite near-term market volatility.

SBI presents Rs 8,813 crore dividend cheque to Centre for FY26

The Finance Minister's Office shared the development on social media platform X, stating that FM Sitharaman received the dividend cheque from the SBI Chairman.

Psychology says bills and debt stress rewire your behavior: Why money worries can make you snap at loved ones and feel emotionally drained

Psychology suggests that when financial strain eases or individuals adopt healthier ways of managing stress, qualities such as patience, optimism and social involvement often reemerge. What may seem like a change in personality is frequently a reflection of how the mind adapts to extended periods of uncertainty, pressure and emotional stress.

How to score cheap flights: Insider booking hacks

With flight prices soaring, especially for popular routes, savvy travelers are seeking ways to save. The key is strategic planning, including setting up fare alerts on platforms like Google Flights and Skyscanner to monitor price trends. Flexibility with travel dates, considering alternative airports, and exploring split journeys can also unlock significant savings.

Silver prices tumble by ₹10,000 per kg on June 10; check latest rates across major cities

Silver prices witnessed a sharp correction on Wednesday, June 10, bringing relief to buyers planning to invest in the precious metal. After maintaining higher levels in recent sessions, silver rates dropped significantly, with prices falling by as much as ₹10,000 per kilogram in a single day across several major bullion markets in India. The steep decline comes amid weakness in global precious metals markets, where both gold and silver faced...

Forex reserves slip by $711 million to $681.6 billion, fall in foreign currency assets weighs

India's foreign exchange reserves saw a decrease of $711 million, reaching $681.610 billion in the week ending June 5. This decline was primarily driven by a significant drop in foreign currency assets, though a rise in gold reserves partially offset the overall reduction.

How a ‘settled loan’ tag on your credit report can reduce creditworthiness and affect future loan approvals

A settled loan status on a credit report can negatively impact credit scores, reduce creditworthiness and hurt future loan approvals, while a closed loan status reflects responsible repayment behaviour and stronger financial credibility.

5 practical ways to take control of financial stress

Financial stress rarely arrives all at once. More often, it's the feeling that no matter how much you earn, there's never quite enough left at the end of the month. It's avoiding your credit card statement because you're afraid of the number. It's lying awake thinking about school fees, EMIs, rent or a medical bill that could arrive at the wrong time. The frustrating part is that financial stress can make you feel stuck. When you're worried...

Turkish man stunned after billions suddenly appear in his account

A bank account belonging to Ahmad Jahangard Takalo, a 32-year-old man living in Van in eastern Turkey, was placed under review after it showed nearly one trillion Turkish lira, according to Euronews. The displayed amount was 999,999,999,999.99 Turkish lira, or about $21.8 billion. The sum has not been confirmed as legitimate, and the bank blocked a...

How EPF's tax benefits can boost your effective return to nearly 12%

At first glance, an 8.25 percent return from Employees' Provident Fund Organisation (EPFO) does not look particularly impressive. Many investors compare it with equity mutual funds that have generated 12-15 percent annualised returns over the long term or bank fixed deposits offering attractive rates. But this comparison misses a crucial detail. EPF is not just an investment product, it is a tax-efficient retirement vehicle. When its tax...

Why the rich keep betting on real estate to build long-term wealth

Many wealthy families build diversified portfolios that include residential, commercial and income-generating properties.

Investing for beginners: Where to put your money and why it matters

Once you start earning, saving a part of your income is the natural first step. But saving alone will not help you reach your long-term financial goals. That is where investing comes in. Inflation steadily pushes up the cost of living. If your money sits idle, it loses value over time. Investing helps you build a financially secure future that can handle these rising costs. Big life goals such as buying a house, funding your child's education or...

Can ₹1.5 crore generate ₹1 lakh every month after retirement? The answer may surprise you

Gold rate today 12th June 2026: Gold is up by 0.50%; check prices in Mumbai, Chennai, Delhi, Bengaluru

12th June 2026 Gold Price Update - Gold rate in India moved up by 0.5% over its previous close. Check the latest 18K, 22K and 24K gold price in major cities in India and Dubai.

'Billions to flow...': Iran deal breakthrough 'confirmed'; major UAE shift, Trump allies give in?

A Reuters report claims a major financial development involving Iran and the United Arab Emirates, suggesting that billions of dollars could be released to Tehran as part of an emerging regional arrangement. According to four sources cited by Reuters, the UAE has agreed to unlock Iranian-linked funds, with estimates ranging from $10 billion to as high as $20 billion, some of which has reportedly already been transferred. The reported deal is linked to a reduction in Iranian attacks on the UAE during recent regional hostilities. However, the exact structure and source of the funds remain unconfirmed, and neither Iranian nor Emirati authorities have officially verified the arrangement.

Elon Musk's net worth is set to cross $1.1 trillion making him the world's first trillionaire after SpaceX's bumper IPO

Technocrat Elon Musk is set to become the world's first trillionaire as his rocket company SpaceX's bumper listing could propel the richest person's net worth over 1.1 trillion. He holds stake worth $866 billion in SpaceX, which raised a record $75 billion in its IPO on 11 June.

Penny stock under ₹10 hits upper circuit for the second straight session

A-1 share price rose to ₹8.50 after securing ₹35 crore in orders from Solar Industries and Mahadhan Agritech. Despite recent declines, the stock has shown long-term gains of 247% and remains validated by significant contracts from reputable industry players.

Gautam Adani regains title of Asia's richest person as group shares rally

Indian billionaire Gautam Adani has regained the title of Asia's richest person after a surge in the shares of his group companies boosted his wealth, according to Forbes' real-time billionaire rankings. Forbes reported that the Adani Group chairman's net worth rose to about $89.2 billion on Friday, placing him ahead of Reliance Industries chairman...

Silver price today: MCX silver drops nearly Rs 3,000 to Rs 2.35 lakh as Middle East tensions drag on

MCX Silver July Futures dropped 1.2% or Rs 2,871 to Rs 2,35,657 per kg on Wednesday.

India's gold demand picks up, China premiums ease: What is driving the trend

Physical gold demand in India improved modestly this week as a decline in prices encouraged some jewellery purchases, while premiums in China eased amid subdued market activity, according to a Reuters report.Domestic gold prices fell to ₹1.46 lakh per 10 grams on Thursday (June 11), their lowest level since April 2, and were down about 1.5% for the week. The correction prompted some buyers who had been waiting on the sidelines to return to the...

ET Now exclusive | Likely $30 billion lifeline to banks! RBI’s FCNR move could ease rupee pressure and more, says MOFSL

The Indian banking system has been grappling with relatively slower deposit growth compared to loan demand, a gap that has pushed lenders to compete more aggressively for funds. In this context, FCNR deposits, particularly with regulatory relaxations such as exemption from CRR and SLR requirements, offer added flexibility for banks.

The countries you need to pack cash for - and how much you'll really get charged for using an ATM

To help travellers save money and avoid fees on their next trip, we've highlighted 12 destinations where local currency is king - and reveal exactly how much those ATM fees will dent your budget.

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!

Learn why youth holds more value than financial assets

Real estate investor Matt Theriault argues that time, energy, and youth may be more valuable resources than money when building long-term wealth.

Rupee rises on hopes over US-Iran peace deal

The Indian rupee strengthened significantly by 64 paise on Friday, testing the 95.12 level. Optimism surrounding a potential US-Iran peace deal to reopen the Strait of Hormuz has sent global crude oil prices plunging.

Rupee falls, costs rise: What Indians should do with their money now as inflation fears grow

The rupee rose slightly to 95.38 against US dollar on Friday, thanks to the falling crude oil prices after President Donald Trump hinted at possible deal with Iran. But the graph of the Indian currency has been on a sharp decline since the Iran war began. In the current calendar year, the rupee has declined by 6.5%. Last year, it had depreciated by 10.4%. While currency movements may seem like a concern only for economists and traders, a...

The best strategies for short-term investments

This article explores key factors to consider for short-term investments, including yield, liquidity, and guarantees, along with various investment options available.

Discover how financial institutions treat your personal savings accounts

Real estate investor Matt Theriault exposes how banks and financial institutions view depositors’ money behind the scenes of traditional savings accounts.

In how many years can you double your investment in a bank FD? Check out calculations to know

Without taking a market risk, senior citizens can easily earn interest in their investment and can double their money in some of the FD schemes. These FD schemes are provided by PSU banks like the State Bank of India and Bank of Baroda.

India is a very important business, among top 5 markets for us: Citi's global head of liquidity Stephen Randall

The need for scalable, dynamic liquidity solutions is increasingly becoming real and compelling, as businesses expand globally. Speaking to Moneycontrol on the sidelines of Citi’s India conference last week, Citi’s global head of liquidity management services Stephen Randall said optimising working capital and minimising borrowing costs have become the key focus points for clients. Real-time payment capabilities, such as real-time funding and...

World's richest people list 2026: Elon Musk leads rankings; who joins him in top 10?

Top 10 richest people list 2026 by Forbes shows Elon Musk, Bezos, Page, Brin, Zuckerberg; wealth rises after stock market and SpaceX IPO boost.