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2 years vs 10 years: What investors lose by stopping SIPs early and why staying invested matters
Investors often quit SIPs too early, driven by market volatility. Data shows that holding SIPs longer significantly reduces the risk of loss, highlighting the importance of a long-term perspective in investing.
Fitch affirms India's sovereign rating; says domestic economy strong despite headwinds
India's rating reflects its robust growth outlook and solid external finance fundamentals: Fitch
What minimum due really costs credit card users
Some credit card users who rely on autopay say they have found their payment settings switched to the minimum due without their knowledge. Heres what your credit card isnt telling you.
Around 110 ABVP workers were detained during their march to the Jharkhand Assembly. Protesters clashed with police personnel as they blocked the bus carrying detainees. Some women protesters were also detained, and two students fainted during the demonstration. The ABVP demanded answers regarding alleged police atrocities and exam irregularities. They called for a CBI probe into recruitment examination leaks and reforms.
President Droupadi Murmu has approved the Prevention of Insults to National Honour (Amendment) Bill. This legislation grants Vande Mataram statutory protection similar to the National Anthem. Deliberate insult or disruption during its singing will now be a punishable offense. Opposition MPs have raised concerns about the practical implications of extended singing times. The bill passed Parliament last month amid political differences and protests.
Vodafone Idea secures Rs 6,400 crore in first funding tranche from SBI-led banks after AGR relief
The telecom operator Vodafone Idea is in the process of raising capital from a mix of public sector and private lenders, showcasing significant advancement in its funding strategy. They have successfully closed the initial tranche amounting to Rs 6,400 crore, factoring in warrant proceeds and various debt facilities. The company remains engaged with lenders to fortify its overall financial health.
These 5 beautiful plants can act as living mulch, keep weeds away and lock in soil moisture
If you want a garden that looks beautiful while requiring less maintenance, living mulch plants can be a clever solution.
In a landmark judgment, the Allahabad High Court affirmed that a child adopted by a widow is entitled to inherit the property of her deceased husband. This ruling addresses long-standing confusion over the legal status of adopted children in inheritance matters.
Microfinance asset quality improves further as loans at risk fall to 2.3% in June: CRIF
The microfinance sector experienced a noticeable easing of asset quality stress in June, thanks to lenders aggressively addressing bad loans, which bolstered the portfolio's performance. The average loan amounts saw an uptick as lenders prioritized dependable borrowers. Meanwhile, the seasonally driven slowdown caused loan origination to level off, although NBFC-MFIs recorded a significant increase in their portfolio shares over the past year.
Govt approves introduction of one billion polymer banknotes of 10 and 20
The polymer banknotes will be issued alongside paper-based notes, with the procurement process currently at an initial stage, the government said
Major Indian banks and travel aggregators provide different foreign exchange rates. Check these rates, effective from 7 August 2026.
Actor-politician Ravi Kishans daughter Ishita Shukla recently turned heads not for her Bollywood debut, but for choosing a career that is miles apart from lights, camera and action. As per reports, the Bhojpuri stars daughter has joined the Indian Armed Forces.
Register FIR in cases of missing persons immediately, irrespective of age or gender: SC
The Supreme Court clarified its order on FIRs for missing persons. This directive now applies to every individual, irrespective of age or gender. States wrongly assumed the order only covered children, which the court deemed mala fide. Non-compliance will lead to contempt notices against Chief Secretaries and Directors General of Police. The court emphasised immediate FIR registration for all missing persons without preliminary inquiry.
F. Scott Fitzgeralds quote about a sunny smile highlights how small acts of kindness can brighten someones day. Comparing a smile to morning light, he suggests that simple gestures can ease sadness and create happiness without costing anything. The message remains relevant today, reminding us that warmth, kindness and genuine human connection can have a powerful impact, even through the smallest moments.
AI in this decade is what digitsation was in the last: RBI governor
Banks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public good projects. Careless AI use risks new forms of exclusion and instability for banks. The RBI plans an approved AI governance policy and a testing sandbox. Banks need deliberate strategies, sustained investment, and strong governance for AI.
RSWM, Spain's NDS9 form JV to set up Rs 186 crore premium apparel facility
RSWM Ltd and Noize Design Studio have formed a joint venture for premium apparel. LNJ NDS9 Global Private Ltd will focus on denim and activewear for international brands. The new facility will integrate Industry 5.0 principles and advanced sustainable technologies. Initial investment is Rs 186 crore, with phased production capacity increases planned.
A Kanpur woman has alleged that jewellery and valuables worth around Rs 50 lakh went missing from her SBI bank locker. Heres what RBI rules say about bank liability, negligence and compensation for locker-related losses.
Apple Pay coming to India in October, UPI support may be delayed: Report
Apple Pay may launch in India this October without UPI support. The service will initially use tokenized Visa and Mastercard credit cards. This allows iPhone and Apple Watch users contactless payment options. UPI integration is expected later due to ongoing technical discussions. Apple faces challenges adapting its global payment system to India's market.
Government approves introduction of one billion polymer banknotes of Rs 10 and 20
The government has approved polymer banknotes for field trials and regular issuance. Inflation has declined steadily, though recent pressures exist. The Goods and Services Tax Council introduced a two-rate structure for goods. Customs duty and excise duty reductions aim to contain price pressures. Disposable income increased, supporting household consumption and economic growth.
Tribeca, Ira Realty to invest Rs 2,000 cr to build Trump-branded housing project in Hyderabad
Tribeca Developers and Ira Realty will launch a Trump-branded luxury housing project in Hyderabad. This significant development involves an investment of approximately two thousand crore rupees. The project will feature two sixty-five-storey buildings with four hundred fifty apartments. It marks the Trump brand's first venture into South India.
SC ruling may widen motor insurance cover for vehicle occupants, pillion riders
Motor insurance policyholders will receive broader occupant protection following a Supreme Court ruling. The court directed the insurance regulator to standardize policy wording for occupant and pillion rider covers. This move aims to bring greater clarity on passenger protection in accident claims. Insurers are assessing the impact of this ruling on motor claims costs. Separately, mandatory third-party insurance enforcement for new vehicles is being explored.
Value vs contra funds: whats the difference and how you can use these funds?
Value investing looks for stocks priced below their fundamental worth, while contra investing bets that market pessimism has gone too far.
DPIIT, MSME Ministry sign MoU to propel India's GI products into global markets
The collaborative framework between the MSME Ministry and the DPIIT aims to enhance the livelihoods of indigenous artisans, weavers, and producers
India growth seen slowing to 6.6% in FY27, says Fitch Group company BMI
Fitch Group company BMI on Tuesday projected India's growth to slow to 6.6 per cent in the current fiscal as the boost to the economy from last year's GST reforms wanes and elevated inflation erodes household income. The Indian economy grew 7.7 per cent in financial year 2025-26. India remains Asia-Pacific's fastest-growing large economy, but the risks lie to the downside, mainly from a re-escalation in the Middle East or a weaker monsoon, BMI said. It said India's growth will slow in FY27 as the fiscal boost from GST reforms fades and inflation remains elevated, averaging 5.4 per cent. We expect growth to moderate from 7.7 per cent in FY2025/26 (April-March) to 6.6 per cent in FY2026/27, as the lift from last year's Goods and Services Tax reforms wears off while elevated inflation erodes household incomes, BMI said. As part of the GST reforms rolled out in September last year, tax rates on 375 items were cut and GST was rationalised from a 4-tier structure to virtually 2 slabs
Fitch affirms India's 'BBB-' credit rating with stable outlook
Fitch Ratings affirmed Indias BBB- long-term rating with a stable outlook and F3 short-term rating, saying macroeconomic stability and improving policy credibility will support growth despite near-term risks from the Middle East conflict.
Coal Ministry panel to review Tamil Nadus request for linkage extension for Ennore TPS
The Standing Linkage Committee will consider a one-year extension after delays in finalising the tender for Tamil Nadus 660-MW Ennore Thermal Power Station expansion.
Coal India weighs acquiring Wealth Minerals unit with Chile lithium assets
Coal India is exploring acquiring a Chilean unit of Wealth Minerals. This move aims to secure vital lithium resources for electric vehicle batteries. The companies jointly applied for a lithium extraction license in Chile. Acquisition decisions will follow the license approval process. India seeks to reduce reliance on China-dominated mineral supply chains.
Eternal helped you save time. Now it wants to help you spend it
Eternals District is betting Indias next consumer internet boom will come from helping people spend time outside home. As dining, shopping, movies, sports and live events grow, District aims to become the digital layer for offline consumption. The strategy reflects a broader shift from convenience to experiences, while Eternal targets rising urban leisure spending and cross category engagement in India.
Land supply, urban planning reforms critical for affordable housing, says NITI Aayog's Rajiv Gauba
Land supply and urban planning reforms will be critical to expanding affordable housing in Indian cities, with states and municipal authorities needing to unlock land and ease development norms to reduce costs, NITI Aayog Member Rajiv Gauba said.
Credit score reset: 5 simple steps to spot and fix errors on your credit report
Even a small error on your credit report can have a big impact on your borrowing plans. From an unfamiliar loan account to a late payment, inaccurate information can pull down your credit score and affect loan approval, interest rates and terms.
Gurugram-based Sunkind in talks with farmers, developers to set up agrivoltaic projects
The solar power solutions company is in discussion in Rajasthan, Odisha and Uttar Pradesh, says its founder and managing director Harish Gupta
Indian economy, banks well positioned to tackle West Asia crisis, trade risks: RBI Governor Malhotra
Points to strong bank capital and liquidity, low non-performing assets and resilient macroeconomic fundamentals as key strengths.
El Nino effect: Indias power demand growth surges to record in July
Power demand surged 10.9% year-on-year to around 171 billion units as rainfall deficits and high humidity pushed up cooling needs across the country.
Union Agriculture Minister Shivraj Singh Chouhan launched a new scholarship initiative. Over six thousand agriculture students will receive monthly direct bank transfers. This National Scholarship Portal-Direct Benefit Transfer system aims for faster payments. The government seeks to ensure timely financial assistance for students' education. This move strengthens agricultural education and practical learning opportunities.
L&T plans to manufacture rare-earth magnets in India to challenge Chinas dominance
Larsen & Toubro is planning to bid for Indias incentives to manufacture rare-earth magnets domestically, people familiar with the matter said. The move would mark a new business for the engineering giant as India seeks to reduce dependence on China, which controls about 90% of global rare-earth magnet production.
Julia Roberts has spoken about growing vegetables at home, including lettuce, tomatoes, kale, carrots and beets, and eating what her family grows. Her gardening approach offers a simple lesson for beginners: start small and focus on vegetables you actually eat. Roberts has also involved her children in gardening, with reports saying each had a garden bed. Her experience shows that home gardening can provide fresh produce without requiring a huge backyard.
While using vinegar as a laundry/cleaning agent may sound bizarre, it does have its benefits. Vinegar can be used to keep your clothes smelling fresh and help your garments look bright for longer.
Siddharth Rastogi is new MD of Roquette India
Rastogi is also appointed Head of Commercial for Roquettes Nutrition and Bioindustry (NBI) Business Unit in the Indian subcontinent.
India's US crude imports head for lowest level since Dec 2024: Here's why
India's US crude imports may fall to around 75,000 bpd in August, near 70,000 bpd in December 2024; imports had peaked at about 565,000 bpd in October 2025
Motor insurance bills could feel the pinch as insurers crack down on third-party fraud
Motor insurers are intensifying efforts to curb third-party claim fraud as rising court awards and more uninsured vehicles increase pressure on the segment, potentially affecting insurance costs. Go Digit secured a Madras High Court order for district-level probes in Tamil Nadu into fraudulent claims, while insurers also face higher liabilities following a recent Supreme Court ruling on compensation.
India's power demand is estimated to rise 6.5-7.5 per cent year-on-year this fiscal to 1,825-1,835 billion units (BU), driven mainly by higher cooling requirements amid expectations of higher temperatures and lower rainfall due to El Nino conditions, according to a report by Crisil Intelligence.
Hyundai Motor India targeting having on road one million connected cars by 2027
Hyundai Motor India aims to have 1 million connected cars on Indian roads by 2027, up from 0.8 million currently. Its Bluelink platform offers over 70 connected features and more than 450 AI-powered voice commands.
FM leases 220,000 sq ft office space at Bhartiya Centre in Bengaluru
FM, earlier known as FM Global, has leased significant office space in Bengaluru's Bhartiya Centre. This move aligns with India's record office space absorption in the first half of 2026. Bengaluru leads the nation's office market, driven by global capability centers. Future expansion at Bhartiya Centre will add millions of square feet. The Indian office market anticipates sustained occupier activity throughout the year.
Centre reshuffles top bureaucracy; Deepti Gaur Mukerjee gets Higher Education charge
The latest changes redraw responsibilities across several key departments, with senior bureaucrats receiving new assignments following a series of recent retirements.
Bengaluru CA Meenal Goel left her Rs 28 LPA job at 26 to build her own business. She struggled with inconsistent income at 27 before rebuilding her pricing, positioning, clients and confidence at 28. Today, she runs a profitable personal-branding and content business. Goel says setbacks remain part of entrepreneurship, but consistently showing up after excitement fades can make the difference.
Indofast, GLIDA to set up 100+ battery-swapping stations across India
Indofast Energy and GLIDA will co-locate battery swapping stations at charging sites. They aim to establish fifty sites with over one hundred swapping stations. This collaboration creates integrated EV energy destinations for users. Delivery riders and fleet operators will benefit from quick battery swaps. The partnership accelerates Indofast Energy's network expansion into high-footfall markets.
AIRIA calls for diversified natural rubber sourcing, sees NE emerging as second production hub
Kerala should continue to remain the countrys primary rubber-producing state, says Anay Gupta, president of AIRIA
Paper Towel Roll in Fridge: A paper towel roll can be placed inside the refrigerator door for convenience. This hack allows for quick wiping of small spills and condensation. Paper towels absorb minor moisture but do not significantly reduce overall fridge humidity. The trick does not create more storage space but encourages better organization. This tip is for quick cleaning and not a substitute for regular refrigerator maintenance.
Priyanka Gandhi says Rahul met Jharkhand students, asks Amit Shah to make statement
Priyanka Gandhi Vadra stated Rahul Gandhi met students protesting in Jharkhand. NDA MPs protested in Parliament, accusing the opposition of avoiding discussions. The Jharkhand student agitation intensified after clashes with police forces. Priyanka Gandhi demanded Union Home Minister Amit Shah make a statement. The opposition seeks government response and addressing protester concerns.
Centre weighs pantograph charging model for high-capacity e-buses
Government evaluating 25-50 lakh pantograph chargers for 18-metre e-buses, weighing faster charging against higher infrastructure costs
New Delhi [India], August 11: For decades, Indian real estate has remained a preferred investment for the global Indian diaspora, serving as both an emotional anchor and a long-term financial asset. However, as overseas families become increasingly global and geographically dispersed, many NRIs are recognising the limitations of informal property management arrangements, leading them to seek greater transparency, accountability and professional oversight.
'Bhaagna nahi hai, darna nahi...': Kiren Rijiju asks Rahul Gandhi to face Amit Shah in Parliament
Assam teenager Janmoni Konwar went from living in a flood shelter to winning karate gold in Delhi after PhysicsWallah founder Alakh Pandey helped her reach the championship. Despite her familys home being submerged, the 17-year-old won all three bouts, including a 10-2 victory in the final.
EPFO Vishwas 2026: Eligible firms can settle pending EPF damage cases at reduced rates till 29 Dec
EPFO Vishwas 2026 offers eligible establishments a special window to settle pending EPF damage cases at reduced rates. The scheme covers cases before the Supreme Court, High Courts and CGIT, with settlements available until 29 December 2026.
Australian PM Anthony Albanese under fire over 'melons' gag about Japan PM Sanae Takaichi
Australian Prime Minister Anthony Albanese declined to apologize for crude remarks. He made jokes about a gift from Japan's Prime Minister Sanae Takaichi. Opposition leaders called for an apology over the disrespectful comments. Albanese stated he rejects the assertion that his behavior was insulting. Foreign Minister Penny Wong also defended the prime minister's intentions.
Longer third-party cover, upfront costs: are compliant customers paying the price?
For a new vehicle buyer, the immediate impact of the order to extend the upfront tenure of mandatory third-party motor insurance could be a higher upfront payment. Consumer choice could also be affected.
AI in banking must move beyond retail to farms, MSMEs: SBI Chairman Setty
In a recent statement, CS Setty, Chairman of the State Bank of India, underscored AI's transformative potential for the Indian banking sector. He asserted that widening credit opportunities for small businesses and farmers through AI is essential to realize India's ambition of a developed economy by 2047. Additionally, AI could refine farm-level decision-making and risk management, as banks strive to enhance defenses against advancing cybersecurity threats.
RBI Governor Malhotra outlines which Indian banks will win the AI era
RBI Governor Sanjay Malhotra said banks that succeed in the AI era will be those that understand the technology they deploy and maintain clear accountability for its outcomes, rather than simply adopting AI faster. Speaking at FIBAC 2026, he said AI will reshape risk assessment, customer service, capital pricing and banking operations, while Indias digital public infrastructure provides a strong base for AI adoption.
Madhavan revealed when he made his father cry: He said, I wonder what I have done wrong.
Madhavan once recalled why he identified with his 3 Idiots character Farhan so well. Just like Farhan, he too had an emotional confrontation with his father Ranganathan when he revealed he did not wish to become an engineer.
When the right audience is listening, partnerships become a strategic advantage
For brands targeting business decision-makers, visibility alone is not enough. Boschs partnership with ET demonstrates how credible platforms can transform audience access into meaningful relevance, influence and engagement.
No fee on UPI transactions, Sitharaman clarifies; government to hold PSB Confluence on August 17-18
MDR would apply only to select high-value merchant transactions above a specified threshold. Meanwhile, the government will organise the PSB Confluence on August 17-18 to discuss strategies for affordable credit, investment, priority sector lending, youth-focused banking and other areas of inclusive economic development.
Sensex, Nifty Open Marginally Lower at 78,510 and 24,575
Sensex opened 32.67 points or 0.04 per cent lower at 78,509.77, while Nifty started the session declining 8.70 points or 0.04 per cent at 24,575.10.
5 problems and 5 books to solve them: Ankur Warikoos reading list for money, focus and success
Ankur Warikoo shared five books for five common life problems. He recommends Make Epic Money for understanding finances, Clear Thinking for overcoming overthinking, and Four Thousand Weeks for gaining perspective when you feel behind in life. For people who struggle to finish tasks, he suggests Eat That Frog, while Mindset challenges the belief that wealth is limited and already distributed.
Gulf shipping traffic via Strait of Hormuz falls to six vessels
Four commodity vessels, including two empty oil product tankers, entered the waterway, data from Kpler showed on Tuesday
Why India keeps selling stakes in PSUs instead of privatising them
India is selling PSU stakes, but rarely giving up control. Why has the government chosen disinvestment over full privatisation? Experts explain
Disinvestment, OFS, strategic sale, privatisation: What's the difference?
From LIC's stake sale to Air India's handover, the government has used different routes to reduce its presence in state-owned firms
Indias LPG dependence on U.S. | Explained
Indias reliance on the U.S. for two-thirds of its LPG assumes significance, signalling prudent diversification of sources amid the crisis in the narrow Strait of Hormuz, which suggests that the countrys LPG security cannot be anchored to a single geography
Global Market: Singapore raises 2026 growth forecast on AI boom, resilient global economy
Singapore raised its 2026 economic growth forecast to 4.5%-5.5% from 2.0%-4.0%, supported by stronger-than-expected AI investment and a milder impact from the Middle East conflict. The economy grew 5.9% year-on-year in Q2, while robust AI-related demand is expected to support growth in the second half of the year.
Cement, bricks and AI: India's $650-billion real estate industry has a new formula
From marketing homes to building them smarter, AI is moving into the core of India's real estate business.
Rupee falls 8 paise to 95.38 against US dollar during early trade
The rupee fell 8 paise to 95.38 against the US dollar in early trade on Tuesday amid no breakthrough in the ongoing West Asia crisis, which kept global markets on edge and pushed up crude oil prices overnight. A decline in domestic equity markets in early trade maintained pressure on the local unit while FII inflows and intervention by the Reserve Bank of India (RBI) provided support, preventing a further slide, forex traders said. At the interbank foreign exchange market, the rupee opened at 95.38 against the US dollar and maintained that level till the time of publishing the copy. The rupee declined 13 paise to settle at 95.30 against the US dollar on Monday. The rupee traded in a relatively narrow range (on Monday) despite Brent rising towards USD 84. The downside was contained by RBI intervention, with state-run banks reportedly selling dollars on the central bank's behalf, Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said. Tod
Lower or nil TDS certificate: Govt plans online application route to reduce compliance burden
The government is preparing rules to enable online applications for nil- or lower-TDS certificates under the Income Tax Act, 2025. The move could simplify compliance, reduce excess TDS deductions and help eligible taxpayers avoid refund delays.
Baking soda for old books and cupboards: This unusual household trick can help tackle musty smells
Baking soda can be a simple way to tackle musty smells in old books and closed cupboards. For books, place baking soda in a bowl or sachet inside a sealed container without letting it touch the pages, and leave it for several days. In cupboards, keep it in an open bowl or breathable pouch and replace it monthly or when damp.
AI evolving as core intelligence layer in India's fintech transformation: ASSOCHAM-KPMG report
A joint knowledge paper by ASSOCHAM and KPMG explores how India's fintech ecosystem along with AI is evolving from a tool for automation and analytics into a strategic capability
UPI and the cost of policy reversal
The governments proposal to allow an MDR of 0.250.5% on UPI transactions above 2,000 reverses a decade-long policy; taxing the payment rail could weaken incentives for banks and fintechs to invest in UPI while undermining its role in financial inclusion, formalisation and wider digital adoption
Brookfield India Real Estate Trust consolidated net profit rises 44.36% in the June 2026 quarter
Sales rise 51.78% to Rs 973.83 crore
Raymond Lifestyle eyes Europe for 25% of exports, cuts US dependence
Raymond Lifestyle expects Europe to contribute up to 25% of its exports within two years as the apparel maker reduces reliance on the US amid shifting tariff policies. CEO Satyaki Ghosh said European inquiries have risen after Indias trade deals, while new customers and expanded production capacity are supporting growth.
In most cases, if a doctor suspects a patient may have cancer, they order a biopsy. However, in some rare instances, doctors will refrain from recommending a biopsy even if they think the patient has cancer. Taking to X, internal medicine expert Dr Priyam Bordoloi explained why.
Global gas turbine orders soar to record quarter, JPMorgan says
JPMorgan Chase says the global gas turbine orders hit a record in the April-to-June quarter on surging growth in power demand; about 38 gigawatts of orders were placed in the three months
Structural issues driving money from India: Ex-RBI chief Duvvuri Subbarao
Subbarao said a move in June aimed at drawing more foreign currency by incentivizing non-resident Indians is oo costly to justify if the main purpose is simply to bolster confidence in the rupee
How has the govt's disinvestment strategy changed since liberalisation?
From strategic privatisation to market-based stake sales, here's how the government's disinvestment strategy has changed since economic liberalisation in 1991
ITAT Chennai ruled that the tax benefit could not be denied merely because the earlier agreement to sell was unregistered, as the consideration was fixed earlier and payments were made through RTGS.
The new wage code provides for overtime at not less than twice the normal wage rate, but this does not automatically revise OTA for Central government employees.
Trump extends Jones Act waiver for 90 days, narrows scope
US President Donald Trump has extended a waiver allowing foreign-flagged ships to transport oil and other commodities between US ports for 90 days, while tightening the rules amid opposition from shipbuilders. The revised waiver requires individual voyages to receive case-by-case approval, as the administration seeks to ease fuel transportation bottlenecks.
An IAS officer noticed a young girl playing inside Bilaspur Central Jail. He inquired about her circumstances and discovered her wish to attend school. Jain International School then offered support for her education and accommodation. This intervention allowed Khushi to experience a life beyond prison walls. Her story highlights the impact of adult attention on a child's future.
A US federal court dismissed criminal charges against Gautam Adani and two executives. The Justice Department requested this dismissal with prejudice, closing the case. This prosecution had linked the Adani Group to solar-power contracts in India. Prosecutors had alleged bribery and misleading investors about misconduct. The court's decision ends a significant legal challenge for the conglomerate.
8th Pay Commission Demand: Pensioners want DA revised every 3 months, DR merged with pension at 25%
8th Pay Commission: Bharat Pensioners Samaj has urged the Commission to revise DA and DR quarterly, merge DR at 25%, raise minimum pension to 45,000 and ensure pension parity.
Pete Hegseth imitates Trump at Joint Base Lindsey Graham dedication ceremony
CA Nitin Kaushik argues that blindly following the 70-20-10 budgeting rule could keep young Indians stuck in the middle class. He says high rent, taxes and food inflation can push essential expenses beyond 70% in metro cities. Instead, he advises aggressively reducing fixed lifestyle costs and investing 30% to 40% in high-growth assets to benefit from early compounding.
Brookfield India REIT, NCW fund to buy BKC office space for Rs 1,700 crore
Brookfield India REIT and NCW's Prime Offices Fund will jointly acquire a Mumbai office space. This significant transaction involves an enterprise value of Rs 1,700 crore for the property. The acquisition marks Prime Offices Fund's initial entry into the Mumbai real estate market. Brookfield will continue to manage the acquired office space after the deal. This move strengthens Brookfield India REIT's portfolio and presence in Mumbai.
Airbus sends specialists to probe Air India A320 altitude loss
The investigation comes as authorities examine flight data, cockpit recordings and other evidence to determine what caused the mid-air altitude loss.
