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Nischa Shah left 200,000 banking career to build a $1 million YouTube business- here's her story
Nischa Shah walked away from a high-paying career, gave up a six-figure bonus and turned a YouTube side hustle into a business generating more than $1 million annually.
Planning a family vacation in India during June requires carefully balancing the desire for pleasant weather against the reality of the Indian monsoon.
US-Iran agreement: Rupee touches 5-week high
The rupee closed stronger at 94.71 per US dollar, up 40 paise against the previous close of 94.11.
Gem, jewellery exports dip 2% on gold supply shortage, weak demand
Uncertainty over Iran war adds to the growing uncertainty
Gifting money to an NRI child: how is TCS calculated under LRS, and can you claim a refund?
A 25 lakh gift to an NRI daughter is tax-free in her hands, but the remittance may attract TCS under LRS. Here's how the rules differ for overseas and NRO transfers.
Got your Form 16 from employer? Here's what you should check before filing ITR
Form 16 forms the basis of income reporting in ITR. It is important to verify the details mentioned in it, including total income, tax deducted at source, exemptions, and deductions claimed during the financial year.
Can EPFO recover PF money after employers violation? Telangana HC delivers key ruling
The Telangana High Court has ruled that EPFO cannot recover provident fund dues from an employee for an employer's alleged violation of EPF rules. The court said liability for transferring PF accumulations after surrender of the exemption rests with the employer and trust.
Why salaried taxpayers should not file ITR without Form 16: Key risks explained
According to Mrinal Mehta, Joint Secretary at Bombay Chartered Accountants' Society, while filing without Form 16 is legally permissible, it can expose taxpayers to several reporting risks if proper precautions are not taken.
China vs Russia I asked Gemini which international solo trip is best under 1.5 lakh
If you want a trip where you can easily afford comfortable hotels, take high-speed trains across the country, eat wherever you want, and still have cash left over, choose
Sensex, Nifty, Share Prices Highlights: Benchmark equity indices ended higher for the second consecutive session on Monday, although they pared some gains in the latter half of the session amid profit booking. BSE Sensex settled 736.38 points, or 0.97 per cent, higher at 76,264.33 after touching an intraday high of 76,821.07. The Nifty 50 ended up 231 points, or 0.98 per cent, at 23,853.90 after hitting a high of 24,011.40.
Rupee rises 47 paise to settle at 94.71 against US dollar
At the interbank foreign exchange, the rupee opened at 94.70 against the US dollar and traded in the range of 94.45-94.77; it settled at 94.71 (provisional), up 47 paise from its previous close
Section 143(2) explained: Why the Income Tax Department may scrutinise your ITR this year
Sharp clarity on Income Tax scrutiny notices under Section 143(2) shows how returns are selected for verification, deadlines for notices, and compliance checks ensuring accurate tax filings and documentation. Check complete details now.
RBI flags rising money mule fraud: Why sharing your bank account can be dangerous
Banks and regulators are warning about the risks of money mule accounts in online fraud as digital transactions rise. The RBI advises customers to safeguard their accounts and be cautious of suspicious requests, as fraud cases remain a significant concern in the banking sector.
Why FCNR deposits at 6-7.1% rates are attractive for NRIs
For most NRIs, the right way to use this window is to use their disposable savings to make a deposit for three to five years and leave the leverage to those equipped for its risks.
Gold curbs won't work. Financial innovation will
India's instinct to curb gold imports via higher duties and moral appeals is self-defeatingit drives up domestic prices, spurs exchange-traded fund inflows, and increases physical bullion demand. The solution is to shift gold ETFs to derivatives-backed structures to mobilise domestically held gold.
Silver jumps over 6,000 in futures trade as US-Iran deal boosts sentiment
In the past week, silver fell 2,351, or nearly 1 per cent, to 2.46 lakh per kg
Suzlon shares gain as brokerages back renewable energy expansion strategy
The stock traded at 56 on the NSE at 2.37 pm after touching an intraday high of 56.78 from the previous close of 55.08
Real-time lending: Why modern digital infrastructure is the future of credit
The lending industry is shifting to real-time infrastructure to meet borrower demands for speed and data security. APIs and modern platforms enable quick access to financial data, enhancing risk management and customer experiences.
Today marks the final day for stakeholders to submit their memorandum to the 8th Pay Commission. Major proposals include increasing gratuity payouts to 75 lakh and a revised calculation formula for government employees.
EPF Interest 2026: When will 8.25% interest be credited to your account?
Subscribers can track whether the annual interest has been credited through the EPFO passbook portal by logging in with their Universal Account Number (UAN).
Gold futures rise to 1.52 lakh/10g as US-Iran deal lifts investor sentiment
On MCX, the yellow metal for August delivery jumped 2,242, or 1.49% to 1,52,770 per 10 grams in a business turnover of 8,948 lots.
FD holder dies without nominee or will? Heres how families can claim the money
A missing nominee or will can delay access to savings. Understand how legal heirs can claim fixed deposits, the documents required, and the process banks follow after a depositor's death.
Sensex sustains over 76,400 mark, realty, auto, financials lead rally
At 1 pm, Sensex rose by 898.03 points to 76,425.98, reaching an intraday high of 76,821.07; Nifty 50 gained 275 points to 23,897.90
What are mutual funds buying? ICICI Bank, Lenskart, Gujarat Gas among top picks
Mutual funds increased exposure across a mix of banking, digital and energy stocks in May. Here's a look at the large-, mid- and small-cap names that attracted the highest inflows.
SBI shares rise, Jefferies sees 28% upside
The stock traded at 1,029.45 on the NSE at 12.15 pm, after hitting an intraday high of 1,034, compared with its previous close of 1,017.15
Average maturity shows when the fund's underlying bonds are expected to mature, macaulay duration indicates how long it takes to recover the investment through cash flows, and modified duration measures how sensitive the fund's NAV is to changes in interest rates.
Home loan rates start at 7.15% this June 2026, giving borrowers a chance to cut borrowing costs by carefully comparing lenders, charges, repayment options and loan features.
Parag Parikh vs HDFC Flexi Cap Fund: Returns, risk, expenses, and portfolio holdings compared
Parag Parikh Flexi Cap Fund currently leads the category with an AUM of 1.41 lakh crore, followed closely by HDFC Flexi Cap Fund at 1.01 lakh crore. While HDFC outperformed across the 1-year, 3-year, and 5-year periods, Parag Parikh Flexi Cap Fund delivered better returns over the 10-year horizon.
Gold extends gains after US, Iran reach peace deal
The pact will be officially signed on Friday in Switzerland, Pakistani Prime Minister Shehbaz Sharif said
Book profits or stay invested at market highs? Historical data may settle the debate
The analysis of 25 years of rolling market data suggests that remaining fully invested in equities gave better long-term returns rather than systematically transferring gains to debt after reaching pre-defined profit targets or market highs.
The Annual Information Statement (AIS) provides taxpayers with a comprehensive and consolidated view of their financial data. It includes the taxpayer's TDS and TCS details, specified financial transactions (SFT), tax payments, demand and refund records.
Asian stocks surge on US-Iran peace deal and Strait of Hormuz reopening
Oil prices tumble as benchmarks in Tokyo and Seoul gain over 5% amid easing geopolitical tensions
US-Iran peace deal: Rupee perks up 54 paise in trade so far
The Indian currency is trading at 94.5725 per USD, up 54 paise from the previous close of 95.11
Sensex jumps 1,300 points, Nifty reclaims 24,000 as Iran-US peace deal cools oil prices
Sectorally, realty, financial and banking stocks led the gains, while all sectoral indices except pharma and healthcare traded in positive territory
Vedanta lists 4 demerged entities
Vedanta demerges four businesses, listing aluminium, oil and gas, power, and steel as separate entities on stock exchanges
Gold prices rose on 15 June due to optimism following a US-Iran peace deal. MCX gold for August futures increased by 1.71% to 1,53,490 per 10 grams, while silver rose 0.94% to 2,53,520 per kg amidst volatile equity markets.
8th Pay Commission developments: Key updates include consultation visits, an extended memorandum deadline and stakeholder outreach across multiple states. Here are the latest updates from the official website.
Razorpay files confidential IPO papers, eyes $600 million-plus public issue
Razorpay is reportedly targeting a valuation ranging between $5 billion and $6 billion
Gift Nifty signals strong opening as Iran-US deal lifts global market sentiment
Analysts expect improved risk appetite, foreign inflows and a broader market recovery
8th Pay Commission: 15 June marks key compliance deadlines, including the submission of memoranda, advance tax payments and Form 16 issuance affecting employees, pensioners and taxpayers.
16 stocks including RIL, TCS, Tata Motors, Meesho, Hexaware and JSW Energy in focus
Indian markets are likely to track a host of corporate developments on Monday, with Reliances Jio Platforms, Tata Motors, Meesho, IT companies, energy firms and infrastructure players in focus after key business announcements.
Sensex today | Stock Market Live: Stock to buy today: Kotak Mahindra Bank
Sensex, Nifty, Share Prices LIVE: The stock of Kotak Mahindra Bank has been rallying since early April as it found support at 350. Last week, it extended the uptrend and posted a gain of nearly 7 per cent. Consequently, it made a higher high and also broke out of resistance levels at 393 and 400, opening the door for further rally.
Why these 8 pharma and healthcare stocks will be in focus on Monday
Pharma and healthcare stocks are likely to remain in focus on Monday as companies announce key developments, including new drug launches, regulatory updates, strategic partnerships and expansion plans
Dollar falls to 10-day low after US-Iran peace deal
The euro, sterling and Australian dollar strengthened, though markets remained cautious over the pace of the deals implementation and the reopening of the Strait of Hormuz
NRIs who become tax residents in India can defer tax on foreign retirement accounts until withdrawal by filing Form 40. This applies to accounts in the US, UK, Canada, and Australia, and offers relief from accrual taxation. Details here.
ICICI Lombard warns that car insurance claims for damage from E20 fuel in older, non-compatible vehicles may be rejected, as such usage could be seen as negligence. Details here.
Can mutual fund gains be used to repay a home loan and claim Section 54F exemption?
Home-loan repayment is not eligible for Section 54F relief, if the property was purchased outside the prescribed time window.
Rupee level not a threshold, exchange rate a shock absorber: CEA Nageswaran
Attempting to rigidly defend a particular level could be counterproductive for the wider economy, says Nageswaran
Salaried taxpayers can choose between old and new tax regimes until the ITR deadline. Employers will apply the new regime if no preference is communicated, but the final choice rests with the taxpayer during ITR filing. Details here.
A working professional seeks a practical Work-From-Anywhere experience for a month-long family vacation in India. ChatGPT suggests 5 suitable destinations, recommended based on work and family needs.
What makes UIDAI's new Aadhaar app different from mAadhaar? Do you need to transfer data manually?
The mAadhaar app will be replaced by a new Aadhaar app, launched on January 28, 2026, to enhance privacy and control over data. Here's what makes the new app different and whether you need to transfer data manually.
Corporate burnout is real: Can I afford to take a one-year sabbatical? I asked ChatGPT
Corporate burnout motivates considering a sabbatical. I asked ChatGPT if I should go for it.
As of June 14, 2026, senior citizens over 60 can access higher FD interest rates, with extra benefits for those over 80. Various banks offer additional rates.
Foreign Portfolio Investors (FPIs) influence Indian markets but their control has diminished. Increased domestic participation has reduced reliance on foreign capital, allowing the market to remain resilient even during significant FPI outflows in recent years.
Use the 3/20/30/40 rule for home loans to buy a house without straining your finances
Avoid costly borrowing mistakes with the 3/20/30/40 rule for home loans as a guide to efficient home loan planning. This simple framework helps homebuyers manage EMIs, reduce debt burden and maintain long-term financial stability. It is prudent to consult a financial advisor while planning a loan.
10 lakh lump sum vs 10,000 SIP for 100 months - which built a bigger corpus?
Investors often compare lump sum investing and SIPs for wealth growth. A lump sum involves a single, large investment, while a SIP allows regular, smaller contributions. Lump sum may be ideal for large sums, while SIPs benefit those who invest gradually from salaries.
On June 14, gold prices in India remained stable, with 24-karat gold at 150,900 per 10 grams. Silver saw limited movement, with 999 Fine priced at 247,630 per kg. Prices reflected Friday's closing levels as the MCX remains closed on weekends.
The real cost of parenthood? Man says he spent nearly 4 lakh before daughter turned 6 months
According to Chakravarty, expenses begin immediately after pregnancy is confirmed, with regular doctor visits, scans, blood tests and medicines. He estimated that medicines and supplements alone cost his family between 1,500 and 2,000 per month during the pregnancy period.
Home loan insurance adoption jumps 7X in 5 months: What's driving India's borrowers to sign up?
Home loan insurance adoption has surged sevenfold recently, driven by borrowers seeking to protect families from loan liabilities. Most purchasers are aged 31-45, primarily salaried professionals.
Gold's rally may be changing your portfolio in ways you haven't noticed
A rising gold price may feel reassuring, but a hedge that grows too large can become the biggest risk in your portfolio. Here's why rebalancing matters.
As global capital chases AI, are Indian large caps valuations now attractive?
Driven by a bruising $30-billion foreign institutional sell-off, the Nifty 50 has dropped back into its historical valuation average, potentially opening up rare entry points for long-term investors, experts told Mint.
The 8th Pay Commission's discussions focus on the fitment factor, crucial for salary hikes for central government employees in India. The report submission may extend to July 2027, with a potential multiplier between 2.28 and 3.83 affecting over 1.1 crore beneficiaries.
Why starting your SIP at 25 can build far more wealth than waiting until 35
Start early, build more wealth. This investment planning example shows how the power of compounding helps long-term investing create a significantly larger corpus, even with modest monthly SIP contributions. Understand this concept today to ensure meaningful wealth creation in your life ahead.
India's cost-of-living gap is widening, with Maharashtra's monthly expenses averaging 52,392, while Himachal Pradesh and Bihar remain affordable under 28,000. Economic opportunities vary significantly, influencing household budgets and lifestyle choices across states.
Bank holiday next week: SBI, HDFC, others closed on this day between June 14 and June 21; check here
Private and public sector banks in India will be closed for two days between 15 June and 21 June 2026 due to holidays specified by the RBI. Preparedness is essential for customers planning visits, though online banking services remain available during the closure.
Multiple loans and EMIs? Here's how to know if your debt is still under control
The key issue is not simply whether EMIs are being paid on time. Instead, it is whether your overall financial framework has enough resilience to withstand unforeseen setbacks.
Should a housewife file income tax return? How does it work?
Homemakers are not salaried employees, they may still earn income from various avenues
Want to transfer your home loan? Things to consider before proceeding
Under the refinancing of existing mortgage, a new financial institution clears your current debt and assumes the remaining unpaid principal
Delhi electricity bill hike: Here is how much more BRPL, BYPL and TPDDL consumers will have to pay
In response to rising electricity costs, the DERC has approved increased FPPA surcharges for Delhi's power discoms. This adjustment, impacting mainly non-subsidized consumers, will see a monthly surcharge recovery starting April 2026, following appeals for a higher recovery limit.
ChatGPT's recommended itinerary proved that a three-day summer escape to Manali doesn't have to cost a fortune. It offers a balance between affordability and memorable experiences.
Gold expected to touch $6,000/oz by end-2026 despite recent price cooling: JP Morgan
Uncertainty surrounding geopolitical developments and monetary policy to shape outlook for the metal, a JP Morgan report said
Income-tax returns: For taxpayers filing ITR for business income using the ITR-4 form, i.e. Sugam form, we explain the tax department's rules on choosing or changing between the old vs new tax regimes.
A 10% salary hike may significantly increase gross income, but post-tax gains can be considerably lower due to deductions. Various income levels illustrate this impact, revealing hidden tax liabilities that erode take-home pay, especially for higher earners and around the rebate cliff.
As crypto futures trading gains traction in India, traders are departing from traditional strategies. Nischal Shetty of WazirX highlights the operational differences, benefits, and risks of futures
8th pay commission: Railway groups want fitment factor of 3.80. We look at what the IRTSA has demanded when it comes to fitment factor across levels and how this could increase salaries of Railway employees.
How much should I spend to buy my first car as a 25-year-old? I aksed ChatGPT to do the math
At 25 and earning 60,000 a month, prioritize financial security when buying your first car. Aim for a price within 68 lakh and a loan of 45 lakh over 45 years. Maintain savings and consider prepayment as your income rises to save on interest.
Foreign Portfolio Investments (FPIs) and Foreign Direct Investments (FDIs) differ in ownership and strategy. FPIs are short-term, focusing on financial assets, while FDIs involve long-term commitments to physical assets.
Gold, Silver Rate Today: Here is how much gold and silver costs in key Indian cities on Saturday, 13 June 2026. Check the price of 18K, 22K and 24K gold and 999 Fine silver in Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai.
8th Pay Commission: 10 lakh interest-free car loan, festival bonus among new demands Details here
Discussions on the 8th Pay Commission have sparked interest, as NC-JCM proposes new advances for salary revisions. Key proposals include a vehicle advance of up to 10 lakh and restoring the Natural Calamity Advance
SpaceX allocated a record 20% of its IPO shares for retail investors, driving strong first-day trading. Experts felt that retail buying was what pushed SpaceX shares 19% on their first day of trading.
Earning FD interest? Why you should submit Form 121 TDS provisions explained
A bank deducts 10% TDS if the interest payable on a customers fixed deposit exceeds 50,000 ( 1 lakh for senior citizens) in a financial year. A customer must submit Form 121 to avail a TDS exemption. However, interest must still be declared at the time of filing the ITR.
SpaceX's IPO valued the company at $2 trillion, making it the sixth-largest U.S. company and turning Elon Musk into the first trillionaire. Investors are optimistic about its potential but face volatility as SpaceX is unprofitable with a price-to-revenue ratio of 112.
29-year-old laid-off MNC employee with 5 crore net worth asks: Should I be satisfied?
The Redditor shared that his personal net worth stands between 5 crore and 6 crore, while his wife's assets are worth approximately 2 crore. He added that his wife, who earns 40,000 per month, has reassured him that she would stand by him during this period.
Are you drowning in multiple EMIs? Debt consolidation can simplify repayments, improve cash flow, reduce missed payments, strengthen financial discipline, and help borrowers build healthier long-term debt management habits.
5 powerful money lessons I learned from the worlds first trillionaire, Elon Musk
Elon Musk faced severe challenges in 2008 with SpaceX and Tesla but remained dedicated to his long-term vision. Similarly, consistent investments create more wealth than chasing quick gains, highlighting the importance of a long-term approach to investing.
HDFC AMC has confirmed a data breach. Your mutual fund investments are safe, but your personal data may be at risk. Here is what investors must do now.
SpaceX IPO includes a greenshoe option heres what it means
SpaceX raised a record $75 billion in its IPO on Friday after selling roughly 5% of its outstanding shares, with the potential to raise additional funds through a greenshoe option intended to ensure orderly trading in the weeks after listing
With flawless SpaceX IPO, Wall Street establishes new standard for mega listings
Nasdaq, banks, and market makers including Citadel Securities and Morgan Stanley successfully processed unprecedented order volumes with no major glitches
SpaceX soars 19.2% in blockbuster debut, lifting US markets higher
The SpaceX listing, widely seen as one of the largest public debuts in history, lifted sentiment even as related space stocks declined
