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Mumbai couple makes 2.2 lakh a month yet can't save: Expert explains what they could do differently
A Mumbai couple earning 2.2 lakh monthly struggles to save money. The Reddit post sparked discussions on budgeting issues, with an expert suggesting clear savings plans.
Bullion Cues: Room for a rebound
Aggressive traders can go long
Micron's stock surged over 700% to $1,184, reflecting a shift from a cyclical to an AI infrastructure narrative. With significant revenues predicted and strong demand for HBM, the future hinges on sustained performance despite potential cyclical risks and varying analyst price targets.
2 lakh a month for a normal life': Man says 'Bombay, Bangalore and Gurgaon may exhaust you'
He listed routine expenses such as rent, groceries, fuel, Uber rides, house help, gym memberships and occasional meals out, along with a few lakh rupees spent on travel every year.
SpaceX will join the Nasdaq 100 on July 7 due to amended eligibility rules, allowing quicker inclusion for newly listed companies. This change could attract $4.3 billion in passive inflows from ETFs and mutual funds, potentially boosting SpaceX's stock price significantly.
Section 80C: Which small savings schemes qualify for tax deduction and which don't?
Post office small savings schemes are popular for conservative investors, offering safety, assured returns, and competitive interest rates. Here's the list of schemes that qualify for tax deduction under Section 80C.
What is Income Tax e-Proceedings? Meaning, benefits, notice types, and how to respond online
e-Proceedings is an online service provided by the Income Tax Department that allows taxpayers to view and respond to tax notices electronically through the e-Filing portal.
It is important to understand that no asset class remains the market favourite forever. Equity, real estate, gold, cryptocurrencies, commodities and technology themes all go through phases of enthusiasm and correction.
EPFO subscribers can claim up to 7 lakh from the Employees Deposit-Linked Insurance (EDLI) scheme. Here's how you can avail the benefit for no additional cost and file claims with the retirement organisation.
The Centre has said that the 8th pay commission will examine pay upgrade after promotion for central government employees demanded by NC-JCM under the career progression MACP scheme. Here's all we know
Experts suggests that an investor's risk appetite depends on financial capacity and emotional comfort with risk. Assess your income, savings, liabilities, age, and ability to handle market volatility. Together, these factors help determine the level of risk you can sustain over the long term.
Dearness Allowance: Here's why AIDEF is demanding a change in the DA calculation formula
DA hike: The AIDEF has requested the 8th pay commission to revise how dearness allowance is calculated, arguing the current formula fails to reflect true living costs and inflation pressures on government employees and pensioners.
Public and private banks in India will be closed today, 27 June, for the fourth Saturday holiday. Operations are halted nationwide, but online banking services will remain accessible for transactions.
Taxpayers dissatisfied with income tax orders can file an appeal using Form 35. This process requires submitting relevant documentation and fees, and the appeal must be filed within 30 days of receiving the order. Full details here.
Lost money in a online fraud? Here's how much you can recover under RBI's new rules and who pays
Starting January 1, 2027, RBI's new guidelines will protect consumers from small-value digital fraud, allowing compensation up to 25,000 for victims. Details here.
NSE chief urges startups and MSMEs to tap capital markets for growth
Listing opens new growth avenues for businesses, from capital raising to talent acquisition, says NSE chief
Starting June 26, EPFO services on member and employer portals, and the Umang app will be unavailable due to system migration, which aims to enhance service reliability. Check affected services, restoration date among other details.
Indore to Navi Mumbai: Top 5 cleanest cities in India and their cost of living
India's government has increased urban cleanliness via better waste management and citizen involvement. The top five cleanest cities in 2026, per Swachh Survekshan, include Indore, Surat, Navi Mumbai, Visakhapatnam, and Bhopal
Indian textile companies rush to IPO market to raise growth capital
Five firms aim to raise over 500 crore, driven by FTAs and shifting global supply chains
Indias forex reserves rise by USD 963 million to USD 672.6 billion
. The rise came after a decline of nearly USD 10 billion in the previous week. While foreign currency assets fell by USD 3.072 billion, gold reserves rose by USD 4.110 billion during the week
Investment banks, rating agencies lower gold outlook after dropping over 25% since Jan 29
Near-term for the precious metal has become challenging, driven by US Fed policy signals
As the 8th Pay Commission prepares its report, the fitment factor is projected to range from 2.05 to 2.10. Here are the salary calculations.
Passive funds assets rise to 14.77 lakh crore despite debt outflows in May: NSE report
Passive equity funds attracted net inflows of 9,488 crore during May
Employee Provident Fund Organisation: EPF subscribers are allowed to withdraw up to 100% of their eligible provident fund balance, with certain conditions. Here are the new rules and top FAQs explained
I asked ChatGPT how long an Indian investor will take to build 1 crore corpus via investing. From a shorter timeline for high-income earners to a longer one for early-career professionals here's what the math said.
Managing money today goes beyond saving. These five government apps help everyone stay financially organised by securing important documents, enabling safe digital payments and providing easy access to essential government and financial services.
Owning a 20 lakh car is feasible for a Bengaluru professional earning 30 lakh annually, yet paying fully from savings isn't ideal. Financing part of the purchase preserves liquidity, favoring long-term financial flexibility.
Income-Tax Returns: Here's what precautions should taxpayers take while filing their ITR
The income-tax department has launched online forms for ITR-1 to ITR-4 for FY 2025-26. Taxpayers can file returns by July 31 through the e-filing portal. Certain income types, like business profits and capital gains, are excluded from ITR-1, and late fees may apply if filed late.
Save more on your next vehicle with the latest car loan interest rates in June 2026. Compare top banks, EMIs, processing fees, & key borrowing tips to choose a car loan that fits your budget & lowers your overall borrowing costs. In case of doubt, don't hesitate to seek professional guidance.
What is a mutual fund riskometer? A simple guide to understanding fund risk before you invest
The riskometer is a visual risk indicator that reflects the overall risk associated with a mutual fund scheme. However, two schemes belonging to the same category do not always have identical riskometer ratings.
e-Filing Vault Higher Security explained: What it is, why it matters and how to enable it
The e-Filing Vault Higher Security facility is designed to strengthen the security of a taxpayer's e-filing account by requiring a second level of authentication in addition to the regular user ID and password.
6 simple ways to prevent unauthorized credit card use and secure your finances
Protect yourself from digital threats with these smart credit card habits. This article explains how to prevent unauthorised credit card use through secure practices, transaction alerts, safe payments and simple steps to protect your financial identity.
How many mutual funds should you own? Experts say less is often more
More mutual funds do not automatically mean better diversification. Here's how investors can avoid overdiversification and build a portfolio that is easier to manage and monitor.
8th pay commission: From demands for increased salary and fitment factor hike, to schedule for state visits and meetings. Here's a look at the top 10 latest updates from the 8th CPC discussions so far.
Markets close for Muharram with Sensex, Nifty lifted by lower crude
Sensex rose 109.25 points to close at 77,100.47, while the Nifty 50 added 34.35 points to settle at 24,056; Trading will resume on Monday, June 29
Gold and silver prices today, 26 June: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
US Dollar rides into second half of 2026 on a winner takes it all wave
Expectations of higher US interest rates and record capital inflows strengthen the greenback against major peers.
Gold heads for fourth weekly loss on hawkish Fed bets
All precious metals poised for weekly loss
Deductibles are not a barrier to portability, says HDFC Ergo CEO Parthanil Ghosh
The insurer's chief executive discusses portability rules, underwriting discipline, rising health premiums and the road to Insurance for All by 2047.
Dearness Allowance: From DA hikes to payment of arrears for central and state government employees and retired pensioners, we check the top 12 latest developments and updates.
8th Pay Commission accelerates consultations on fitment factor and salary revision top 5 updates
8th Pay Commission gathers pace: The Commission is inviting stakeholder feedback before finalizing recommendations on the fitment factor, salaries and pension reforms expected to impact over 1.19 crore beneficiaries.
Bank holiday today: Banks are closed across cities in India today on account of Muharram. In addition to the common national and gazetted holidays, banks in India could have local holidays and festivals off, as required.
Should you invest in last years top mutual fund? Experts warn against this common mistake
Experts caution against chasing performance after fund rankings, as returns are influenced by market conditions. Instead, investors should focus on long-term goals and avoid frequent switches, which can lead to missed opportunities and additional costs.
Micron jumps 18%, surpasses Meta: Here's what is driving the rally and how Indians can invest
Micron Technology surpassed Meta Platforms' market valuation and briefly exceeded Tesla's, following a strong forecast that boosted shares by 18.4%. With a market cap of $1.398 trillion, demand for AI-related hardware has led investors to favor Micron among trillion-dollar chipmakers.
Silver sheds all gains made this year as precious metals in India toe global trend
Rates in the world market have dropped to an eight-month low on dollar gaining strength and hopes of US Fed increasing interest rates
Multi-cap vs flexi-cap funds: Why multi-cap funds are outperforming across 1, 3 and 5 years
Multi-cap funds have outperformed flexi-cap funds across the 1-, 3-, and 5-year periods, reviving a long-standing debate over whether mandated diversification across market capitalisations is superior to manager-driven flexibility.
Should you switch SIPs to last years top-performing fund? This study has the answer
Investors who switch based on the previous year's performance may end up buying into a segment after much of its rally has already occurred. For long-term SIP investors, consistency and discipline may prove more effective than repeatedly chasing the latest market winner.
Silver falls 5,000, gold drops 2,800 in Delhi amid weak global cues
Spot gold slips by $21.15, or 0.53%, to $3,978.06 per ounce, in international markets, while silver declines 0.56% to $57.10 per ounce
UTI Nifty 50 Index Fund passively tracks the Nifty 50 Index, whereas the ICICI Prudential Large Cap Fund is actively managed with the objective of outperforming its benchmark through stock selection.
Gold futures rebound on value buying after steep sell-off
Yellow metal for August delivery increased by 405, or 0.29 per cent, to 1,41,675 per 10 grams in a business turnover of 10,375 lots
Profit booking trims gains; Nifty ends flat after 200-point swing from day's high
BSE Sensex closed at 77,100.47, up 109.25 points or 0.14 per cent, while the NSE Nifty 50 settled at 24,056, gaining 34.35 points or 0.14 per cent
Rupee rises 16 paise to settle at 94.39 against US dollar
Rupee opened at 94.30 against the dollar and traded in the range of 94.13-94.56
For good weather plus softer luxury pricing, aim for April, May, September, or early October.
Sensex, Nifty, Share Prices Highlights: Indian equities ended marginally higher as Sensex and Nifty gained 0.14 per cent each, supported by softer crude oil prices and policy measures to attract inflows, while the rupee edged up and broader markets showed mixed, cautious trading with volatility easing.
Lost money to cyber fraud? RBI's new rules offer compensation of up to 25,000
Customers who lose money in digital banking frauds will get stronger protection under the RBI's revised framework from January 2027. The new rules shift the burden of proof to banks, introduce compensation for small-value frauds and impose stricter complaint-resolution timelines.
Mis-sold a product from your bank? RBI's new framework seeks to fix that
The RBI's new framework bars banks from forcing customers into insurance purchases, links employee incentives to product mis-selling, and mandates explicit consent and full refunds for violations.
Advit Jewels IPO subscribed 149.23 times so far on final day
Strong demand across investor categories
1,800 monthly EPF contributions can build nearly 19 lakh retirement corpus here's how
A small EPF contribution can create significant retirement wealth over time. Investing 1,800 monthly in EPF for 25 years at an 8.25% interest rate can grow into a corpus of nearly 19 lakh through compounding. Here's how.
Gold loans have emerged as a strategic driver of financial inclusion, outpacing all other credit products with 84% growth YoY in FY26, according to an Experian report. It has expanded beyond traditional southern markets to Uttar Pradesh, West Bengal, Rajasthan and Maharashtra.
Waterways Leisure Tourism IPO fully subscribed on final day
The retail investor portion led demand, subscribing 3.63 times to the issue, the non-institutional investor segment was subscribed 0.86 times, while the qualified institutional buyers portion was subscribed 0.20 times
Servotech's 60 kW and 120 kW EV chargers earn BEE's Top 5-Star efficiency rating
The certification is commercially significant for Servotech as government agencies, public sector undertakings, oil marketing companies, and fleet operators increasingly weigh energy efficiency
Avoid tax credit mismatches during ITR filing with the Income Tax Challan Correction Rules 2026. Taxpayers can now correct eligible challan details online, helping ensure accurate tax records, faster return processing and smoother compliance.
Income-tax returns: Here's how to avail the Pay at Bank Counter option available to all taxpayers on the e-filing portal. Taxpayers can select this service while generating the Challan Form. Here's all you need to know
Autos and Healthcare lead Nifty past 24,200 as crude stays near $69
Automobile and healthcare stocks drove the rally, while energy and metals saw selling as crude oil prices neared $6970 per barrel
The opportunity cost of waiting for the perfect entry or exit point
The stock market does not wait for investors to feel ready.
Why most investors underestimate operational risk in crypto investing
Some of the biggest losses in the history of digital assets have had little to do with market movements.
How can Indians invest in Japan, South Korea and Taiwan markets? Key risks and tax rules explained
Japan, South Korea and Taiwan offer Indian investors exposure to some of the world's best-performing markets. While direct investing is legally permitted under the LRS framework, the practical ease of access varies considerably across markets.
Aastha Spintex to raise 170 crore via IPO
The price band has been fixed in the range of 125-136 a share; the issue will open for subscription on Monday and close on Wednesday
ITR-3 vs ITR-4: Who can file, who cannot and how to choose right return form
ITR-3 is for individuals and HUFs reporting business or professional income, as well as income from salary, house property, capital gains or other sources. ITR-4 is for resident individuals, HUFs and firms (other than LLPs) that opt for the taxation scheme under Sections 44AD, 44ADA or 44AE.
BofA initiates coverage on midcap IT stocks: prefers Coforge, turns cautious on Persistent and LTM
The brokerages initiation comes at a time when the Nifty IT index has been under pressure amid concerns that AI-led disruption could trigger a prolonged selloff in the sector
Gold futures drop to 1,41,238/10g, slips below $4,000/ounce
Gold prices on Thursday dropped 32 to 1,41,238 per 10 grams in futures trade amid a fall in spot demand.
STL launches QIP at 613.69 floor price; stock hits upper circuit
Sterlite may offer a discount of up to 5% on the floor price, final issue price will be decided in talks with the book-running lead managers
Post Office savings accounts get Aadhaar e-KYC upgrade to ease deposits and withdrawals
Post Office banking is getting a digital boost with Aadhaar e-KYC transaction facilities. The new rules simplify POSA, RD and SSA deposits and withdrawals, offering paperless services, easier authentication and convenient inter-branch access for eligible customers.
CSM Technologies IPO Day 2: subscribed 0.31 times so far, QIBs yet to bid
The company is seeking to raise 145.78 crore through the IPO and has fixed a price band of 107-113 per share
Income Tax Dept flags swapped deduction claims; 20,000 cases under lens
Tax authorities have identified thousands of cases in which taxpayers allegedly altered deductions or exemptions when revising their returns.
Rupee rises 31 paise to 94.24 against US dollar in early
In the interbank forex market, the rupee opened at 94.30 against the US dollar and strengthened to 94.24, up 31 paise from its previous close
Rajesh Exports stock hits fresh lower circuit as ED alleges FEMA violations, record-keeping lapses
The stock reaction follows the agencys claims that the gold refiner and jewellery manufacturer failed to maintain critical transaction records and could not substantiate several overseas investments and trade settlements.
Nifty reclaims 24,000 as crude slide and chip rally lift markets
The Sensex opened at 77,391.07 and was trading at 77,335.31, up 344.09 points as of 9:20 AM; The Nifty 50 opened at 24,125.85 and was trading at 24,128.30, up 106.65 points
Gold and silver prices today, 25 June: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Gold languishes near 7-month low as Fed tightening bets boost dollar
Spot gold was down 0.7% at $3,971.08 per ounce, as of 0311 GMT. US gold futures for August delivery lost 0.5% to $3,987
Dearness Allowance in India 2026 explained: Meaning, calculation, taxability and benefits
Dearness Allowance impacts salaries and pensions in India. We explain how DA calculation, taxability, benefits, types and 2026 updates help employees and pensioners manage inflation and plan their finances effectively.
The Mumbai BEST bus employee unions have made multiple demands from the Maharashtra state government regarding salary hike, implementation of the 7th pay commission recommendations, retirement and gratuity payments.
6th vs 7th vs 8th Pay Commission: Why the widening basic pay gap is drawing attention
A widening pay gap is emerging as a key concern for the 8th Pay Commission. While salaries have increased across government services during earlier pay commissions, the rise in top-level basic pay has outpaced that of minimum pay, fuelling demands for a fairer, more balanced compensation structure.
Sensex, Nifty, Share Prices LIVE: Buzzing stocks: Gift Nifty is ruling at 24,100 signals flattish opening while Asian stocks areruling sharply higher, led by Koreas Kospi and Japans Nikkei.
Dearness allowance: Heres why 20% DA hike is significant for West Bengal state govt employees
Dearness allowance: Heres why West Bengal's 20% DA hike is significant for state government employees and retired pensioners. Check here to see how much of the salary gap has been reduced
Flat opening seen for Nifty, Sensex ahead of holiday
Gift Nifty ruling at 24,100 signals flattish opening while Asian stocks areruling sharply higher, led by Koreas Kospi and Japans Nikkei.
These dozen stocks will remain in focus on Thursday
Buzzing stocks: Embassy, BDL, Vedanta, Infosys, Airtel, Apis India, Muthoot Capital, Electrosteel Castings, Shilpa Medicare, Texmaco Rail, HCL Tech, Accord Transformers, Hind Copper
Bandhan Bank announced competitive interest rates, raising.fixed deposit rates by up to 20 basis points. Senior citizens can earn up to 7.95% on two-to-three-year deposits.
