Business

8th pay commission news: November inflation data signals big DA move—is 60% just the start?

8th Pay Commission: This index plays a vital role in ensuring that salaries and pensions keep pace with rising prices. It directly influences the twice-a-year DA revision.

Home loan prepayment explained: When does it actually help?

Home loan prepayment: One thing that can greatly reduce the cost of a home loan is prepayment. Moreover, the new RBI guidelines that came into effect from January 1, 2026, exempt any fees for prepaying the floating rate loan. Home loan borrowers with a floating-rate home loan have a good reason to pay off their home loans earlier. On that note, let’s understand the concept of Home loan prepayment.

Under 35 and saving for retirement? Here’s how much your peers actually have stashed away

Only half of Americans under 35 have retirement savings in 2022. Median balances reach $18,800. Young adults face student loans, rent, and low starting incomes. Time is their greatest advantage for compounding. Contributions as small as $30 monthly grow over decades. Employer 401(k) matches remain underused. Early habits now can secure stronger financial futures.

Investment fraud continues into new year; 12 persons lose 1.5cr in 48 hrs

Hyderabad: Investment fraud continues to be the main cause of financial loss among all cybercrimes, with 12 victims in the city reporting a loss of over 1.5 crore in 48 hours. Four others approached police and reported a loss of 36 lakh in part-time job fraud.Two 48-year-old tech employees from Bandlaguda Jagir approached the Cyberabad cybercrime p...

The luckiest months to make smart financial decisions in 2026, according to your zodiac sign

The zodiac forecast reveals when you’ll have the best money luck in 2026, and how to cash in-

Gold tipped to hit $5,000 as probe into US Fed chief sends shockwaves through financial markets

Gold raced to a fresh record high and the dollar fell as a criminal investigation into the head of the US Federal Reserve fuelled fears over the central bank's independence.

AI Is Helping Farmers Cut Costs, Increase Income | I Witness

What was Mac Jones’ net worth in 2025?

In 2025, Mac Jones revitalized his NFL career with the San Francisco 49ers, securing a two-year deal worth approximately $8.4 million. This move followed stints with the Patriots and Jaguars, reestablishing his value both on and off the field. His net worth was estimated at $10 million, primarily from NFL contracts and earlier endorsement deals.

Iran currency hits rock bottom: Iranian rial completely collapses against euro, US dollar

Iran's rial has plummeted to unprecedented lows, rendering it nearly worthless against major currencies, which exacerbates the nation's economic turmoil. The soaring costs of essential imports have triggered widespread protests.

Bill Gates transfers nearly $8 billion to ex-wife Melinda French Gates’ foundation after divorce

After the divorce between Bill Gates and Melinda French Gates, assets worth nearly $8 billion were transferred as part of their settlement. This comes after the newly disclosed tax filings have shed light on their financial scale. The filings highlighted that the asset transfers were routed through a web of charitable trusts and investment entities...

Smart business owners will use this bank to make money on their money.

Discover how savvy entrepreneurs are multiplying their earnings by choosing the right financial institution. In this video, we delve into why smart business owners are opting for this bank to maximize their profits and make money on their money. Learn the strategies and advantages of banking smartly to ensure your business finances are working as efficiently as you do. Don't miss out on the secret to financial success that could transform your business operations. Watch now to unlock the potential of your profits! subscribe subscribe subscribe subscribe subscribe

Forget Nifty’s 2.8% drop: These 2 IT stocks are flashing a ‘golden cross’ signal

The panic selling on the D-street with the two stocks that weigh 20% on Nifty50 led the fall. But is this a trend reversal or a retracement? Every red candle is not the sign of market tops but offers a buying opportunity. One sector and two stocks are offering a bullish opportunity in the market dip. /

The earned income tax credit: What it is, who qualifies, and why it matters at tax time

Millions of Americans may qualify for the Earned Income Tax Credit in 2025. Single filers with no children can earn up to $19,104. Families with three children may qualify up to $68,675. The credit is refundable and can boost refunds by thousands. IRS refunds release mid‑February. Eligibility depends on income, age, filing status, and dependents. Check now to maximize benefits.

Why Trump is going after Fed Chair Jerome Powell, and why every living former Fed chief is alarmed

A criminal probe into Fed chief Jerome Powell has deepened Donald Trump’s clash with the central bank, triggering rare warnings from former Fed chairs about threats to its independence.

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

How much money do ATM routes make?

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India's forex reserves drop by $9.80 billion to $686.80 billion

India's forex reserves dropped by $9.809 billion to $686.801 billion in the week to January 2, the Reserve Bank of India (RBI) said on Friday.In the previous reporting week, the forex reserves had jumped by $3.293 billion to $696.61 billion.For the week ended January 2, foreign currency assets, a major component of reserves, decreased by $7.622 billion to $551.99 billion, the central bank's data showed.Expressed in dollar terms, the foreign...

Earn Rs 14.65 lakh and still pay no tax—here’s the NPS, EPF math

Salaried individuals can now make their income tax-free in the new tax regime. This is possible by utilising employer contributions to Employees' Provident Fund and National Pension System. Even with a nearly Rs 14.66 lakh salary, tax liability can be zero. This strategy helps build a substantial retirement corpus.

What's at stake for the US in Federal Reserve vs Trump? | Number Theory

What could have possibly driven the latest precipitation and what are the possible implications of a confrontation between US govt and its monetary authority?

Government's direct tax kitty swells as companies and individuals pay more

India’s direct tax collections for FY 2025–26 showed steady growth as net collections increased by 8.82% year-on-year up to January 11, 2026, driven by higher corporate and non-corporate tax inflows, according to data released by the government.Gross direct tax collections for the current financial year stood at ₹21,49,831.89 crore as on January 11, 2026, compared with ₹20,64,350.94 crore in the corresponding period of FY 2024–25, reflecting a...

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

Alphabet hits $4 trillion valuation as AI refocus lifts sentiment

Alphabet hit a $4 trillion market valuation on Monday, as the Google parent's ‍sharpened artificial intelligence focus allayed ​doubts about its strategy and thrust it back to ⁠the forefront of the high-stakes race.

5 powerful money lessons from Morgan Housel’s bestselling book 'The Psychology of Money'

Housel sums it up perfectly when he says that doing well with money has less to do with intelligence and more to do with behaviour. That one idea runs through the entire book. Here are five lessons from it that genuinely change how you look at money - no jargon, no lectures.

Top 10 richest men in the world 2026: Elon Musk leads with over $700 billion fortune ahead of Larry Page, Jeff Bezos, and Mark Zuckerberg

Despite global economic woes, the world's richest men, led by Elon Musk with $717.9 billion, have seen their fortunes soar. Technology and AI continue to drive immense wealth, with figures like Larry Page and Jensen Huang making significant gains. This elite group's vast riches starkly contrast with widespread financial struggles.

From corporate finance to content creator: How this 30-year-old built a seven-figure net worth

Disillusioned with her corporate finance career, Michela Allocca turned a personal finance side hustle into a full-time business. By creating simple, actionable money content on social media, she now earns more than four times her former salary and has built a seven-figure investment portfolio.

Wealth gives you choice, meaning tells you what to choose: The rule for retirement

In this edition of Live to 100, we look at why wealth alone isn’t enough for retirement. This rule explains how meaning helps retirees choose purpose, freedom, and fulfilment.

Investors shift to SIPs as lump-sum investments lose preference amid market volatility

As more retail investors route their savings through SIPs, their contribution to equity-oriented mutual fund inflows has increased significantly.

Buy, sell or hold: RIL, Bajaj Finance, Kalyan Jewellers, NHPC, Zydus Lifesciences — Ask Profit

Analysts also shared insights on the share price of KPIT Technologies and Samvardhana Motherson, among other stocks.

Currency buzz: INR extends decline amid extended worries on global front

Mumbai, Jan. 13 -- The Indian rupee edged lower in opening trades on Tuesday in line with sustained weakness in equities. Moreover, volatile geopolitical situation is keeping the domestic currency...

Gold hits lifetime high, silver soars 6% to record Rs 2.65 lakh per kg

Silver prices rallied sharply by Rs 15,000 to hit a lifetime high of Rs 2,65,000 per kg in the national capital on Monday, and gold advanced to a fresh record of Rs 1,44,600 per 10 grams, mirroring strong gains in the global markets.

How to make bank by reselling what the government loses money on #sidehustle #sidehustleideas

Top 10 assets in the world by market cap in 2026

Top 10 assets in the world 2026: With a market value of over US$31 trillion, gold is still seen as one of the safest ways to store wealth.

The three personal finance mistakes that quietly undo years of disciplined saving

Most people put in real effort to earn, save and invest. Careers are built carefully, expenses are managed, and investments are started with good intentions. Yet many still feel stuck, anxious about money, or unsure whether they are actually moving closer to their goals. The problem is rarely laziness or lack of intent. It is usually a few common mistakes that look harmless on the surface but quietly cancel out years of discipline. Mistake one:...

Stock market today: Nifty50 opens above 25,850; BSE Sensex up over 250 points

Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, opened in green on Tuesday. While Nifty50 was above 25,850, BSE Sensex was up over 250 points.

Madhuri Dixit reveals how she handled her finances while growing up: 'I knew very little about money management before'

"Once I started working, I got so busy I did not have time to do anything, let alone look after my money," recalled the Devdas actor.

ICICI Prudential India Opportunities Fund turns Rs 10,000 SIP into over Rs 20 lakh in 7 years

ICICI Prudential India Opportunities Fund has turned a Rs 10,000 monthly SIP into over Rs 20 lakh in seven years. Strong returns across SIP and lumpsum investments highlight the fund’s special situations strategy and long-term wealth creation potential.

Deutsche Bank’s $2.5 bn India assets draw final bids from Kotak, Federal Bank

Kotak Mahindra Bank and Federal Bank stand to potentially gain from Deutsche Bank's India clientele across home loans, business loans and wealth management.

Gold, silver rates on Jan 13—check prices in Mumbai, Delhi, Chennai, and other cities

Today, gold is trading at Rs 1,42,540 while silver is at Rs 2,68,580, according to Bullions' website.

John McEnroe's net worth timeline (2016-2026): Former No. 1 tennis player’s shared real estate, Hollywood appearances, and legacy awards

John McEnroe is a former American World No. 1 professional tennis player who has a net worth of $100 million, according to Celebrity Net Worth. John married actress Tatum O'Neal in 1986, and they had two sons, Kevin and Sean, and a daughter, Emily, before divorcing in 1994. John McEnroe was named the World Number 1 Male Player of the Year in 1984.

POV: How to share money properly 😎

Elon Musk predicts saving for retirement will be 'irrelevant' in 20 years: 'Anyone can have whatever they wish'

Elon Musk has made a striking claim about the future of personal finance, suggesting that saving for retirement may soon become unnecessary. The billionaire entrepreneur believes that rapid advances in AI, robotics and energy will reshape society so deeply that traditional retirement planning will no longer matter. Speaking on the Moonshots with Peter Diamandis podcast, Musk urged people not to worry too much about long-term retirement savings....

Numerology horoscope, January 13, 2026: Money, investments and financial clarity for all numbers

Daily Numerology for 13 January 2026 highlights number-wise financial guidance, helping you manage expenses, plan investments, and maintain stability through practical decisions. Number 1 (People born on 1, 10, 19 and 28 of any month)Ganesha says your financial life calls for some caution today. You may be attracted to impulsive spending. Therefore, it is extremely important to follow your budget plan to avoid unnecessary expenses. Revise...

Navi Mumbai crypto fraud: 56-year-old loses over Rs 70 lakh after 'this' costly mistake

A 56-year-old loan consultant from Navi Mumbai has reportedly lost Rs. 72.7 lakh in a cryptocurrency scam involving an online trading platform that promised assured returns on USDT investments.

Buying land in India: From clean titles to timing the cycle, what actually decides whether you make money

For generations of Indian families, buying land has carried a special emotional and financial appeal. Unlike apartments, land does not “age”. Unlike stocks, it feels tangible and permanent. And unlike gold, it can sometimes multiply in value in ways that change family fortunes. Yet land is also the asset class where mistakes are most expensive and hardest to fix. A bad mutual fund can be sold. A poor stock choice can be exited. A disputed plot...

Routing NPS investments through credit card: A smart move or a costly mistake?

Using a credit card has become second nature for a lot us — swipe, earn reward points and may be unlock a milestone benefit along the way. It is therefore worth examining the option to invest in the National Pension System (NPS) using a credit card. While insurance policies allow premium payments through credit cards but only a few investment products offer this facility. For many investors, NPS contributions can be substantial, whether through...

Budget 2026: Trump tariffs or not, trade power should stay with India

India Budget 2026: A 1985 Plaza Accord saw global powers coordinate to devalue the dollar, impacting Japan severely. Today, similar economic conditions and Donald Trump's protectionist policies are reshaping global trade. India, historically less integrated, may find an unexpected advantage in this shift towards self-sufficiency, potentially mitigating direct trade shocks.

Capital One, American Express, other credit card stocks drop on US market after Trump's 10% cap on interest rate move

Credit card companies' stocks, like those of Capital One, American Express, JPMorgan and Chase, among others, dropped during the early US stock market session on Monday, 12 January 2026, after US President Donald Trump's move to impose a 10% cap on interest rates last week. On Friday last week, Donald Trump proposed to impose a one-year cap on the ...

As Lloyds share price hits highest since financial crisis, are banks set for a bumper year?

Analysts at investment bank Jefferies believe valuations for UK bank shares have 'considerable scope' to rise further in 2026.

Overseas borrowing on track, euro exposure largely unhedged, says PFC CMD Parminder Chopra

State-run Power Finance Corporation (PFC) has raised around $1 billion from international markets, so far, in FY26 and continues to target 15–20 percent of its borrowing from foreign sources, chairman and managing director Parminder Chopra said in an interview to Moneycontrol. The overseas funds have been sourced through foreign currency term loans and multilateral borrowings, diversified across multiple major currencies, including the euro and...

Beyond the Rs 1.5 lakh salary: Why relying on family in 2040 is a mathematical impossibility

For years, many Indians believed family would take care of them in old age. But smaller families, rising costs, and longer lives have changed that reality. Emotional support may remain, financial support may not—making self-funded retirement planning not just wise, but necessary.