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Under the refinancing of existing mortgage, a new financial institution clears your current debt and assumes the remaining unpaid principal

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.

A 25-year-old Redditor shared his struggle to recover from 70 lakh debt incurred from a failed restaurant, where expansions to the business led to increasing debt. He turned to netizens seeking advice on the way forward

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.

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.

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. 

The Himachal Pradesh government, led by Chief Minister Thakur Sukhvinder Singh Sukhu, on Thursday announced that state employees will now receive 100 per cent of their salary while on study leave for higher education.

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.

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. 

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.

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.

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.

 Banks across India are closed on specified holidays, including second and fourth Saturdays and Sundays. Online banking remains operational during these closures for uninterrupted access to financial services.

Indian households often see gold as a wealth store, kept untouched for years. Gold leasing allows owners to lend their gold for interest while retaining ownership. Details here.

The first advance tax instalment deadline for FY 2026-27 is June 15, 2026. Here's who should pay, who is exempt and do senior citizens need to pay?

The central government has warned that deepfakes and synthetic identities are increasingly being used to target digital verification systems. Banks and fintech firms have been asked to strengthen onboarding and fraud-detection frameworks.

Indian weddings involve cash, gold, and gifts, which may raise tax concerns for newlyweds. The income tax law allows exemptions for gifts received during marriage, but they must still be disclosed as income. Details here.

Whether it is an ageing parent requiring months of specialised nursing post-surgery, a stroke survivor needing extensive physical rehabilitation, or a patient recovering from severe respiratory illness relying on supplemental oxygen, long-term care takes a toll.

Investors can offset equity-related losses against other capital gains to lower tax liabilities. The adjustment depends on the nature of the loss and the type of capital gain. Details here.

Two representative groups Indian Railways Technical Supervisors Association and Railways Senior Citizens Welfare Society are seeking better pay levels, salary structure, annual increments, DA hike and allowances for employees and pensioners.

My ChatGPT prompt: Please analyse whether a Ladakh trip is realistically feasible within this budget. If it is, create the most practical and enjoyable 4-day itinerary, taking into account travel time, acclimatization requirements, and major attractions.

The Sensex has witnessed an average intra-year drawdown of 20% since 1980, yet nearly 80% of calendar years ended with positive returns.

Missed a credit card payment by one day? A one-day delay usually does not affect your credit score, but repeated late payments can harm your credit profile and borrowing prospects. Try to understand loans, credit cards & other forms of debt clearly before applying so that you don't miss due dates. 

I asked ChatGPT to plan my wedding budget in Delhi. It suggested three budget scenarios conservative, moderate and premium. Read below to see which one of these it recommended.

More than 4,400 former and current employees are set to become millionaires after SpaceX starts trading on Friday, even as CEO and the world's richest man, Elon Musk seems poised to become the first-ever trillionaire.

Amid global market volatility, small finance bank fixed deposit (FD) rates of up to 8.10% can offer stable returns. Compare tenure, tax impact and safety before choosing the right fixed deposit. 

Dearness Allowance: Today we explore why DA and fitment factor decisions are significant when it comes to deciding how much salary and pension hike central government employees' and retiree can get under the 8th pay commission.

Mid-caps delivered stronger long-term returns than large-caps over the past two decades. But the outperformance came with significantly longer and deeper drawdowns, highlighting a trade-off often missed in CAGR comparisons.

On 12 June, gold prices rose amid peace deal hopes in the Middle East conflict, with MCX gold trading at 1,50,320 per 10 grams. US President Trump's statements brought optimism, despite awaiting concrete developments on the situation.

Manish Kumar linked the decline to a number of factors, including rising living costs and demanding work cultures. He cited the example of a Delhi couple earning 50 lakh annually to illustrate his point.

Elon Musk's SpaceX had a bumper $75 billion IPO and is set to propel the world's richest person into trillionaire status. Here's a look at whether Indians can get a share of the pie and how much a $10,000 investment in the rocket company could yield.

Why identifying a theme is only the beginning of successful investing.

A shocking digital arrest scam cost a Bengaluru woman 98.4 lakh after fraudsters posed as police officials. Know five warning signs to avoid cyber fraud and protect your savings. Make sure that you promptly report such scams so that future victims can be protected and awareness can be spread. 

Aviva Life Insurance CEO Asit Rath says tighter regulations are pushing the industry away from commission-led selling toward life-stage advice, data-driven underwriting and long-term customer engagement.

Financial independence starts with smart choices. Wealth management for women becomes easier through disciplined investing, retirement planning, financial confidence and structured strategies that support long-term financial security and wealth creation.

Smart financial protection meets savings with ABSLI Anmol Akshaya, a goal-based plan by Aditya Birla Sun Life Insurance that offers wealth creation, family cover and women-centric benefits. Check the complete details of the plan.

To help taxpayers catch up on missed filings or report previously unrecorded income, the government introduced the Updated ITR (ITR-U) framework.

FundsIndia analysis shows that missing just 15 trading days over 27 years would have cut a 2.84 crore corpus to 95 lakh. The data highlights how a handful of market sessions have driven a disproportionate share of long-term equity returns.

Tax-loss harvesting can help mutual fund investors offset capital gains and improve post-tax returns. However, experts say investors should stay focused on asset allocation, reinvestment and long-term wealth creation while using the strategy.

Sections 54, 54B, 54EC, and 54F represent the most effective pathways to claim these tax reliefs, tax experts say.

At 50, people often regret financial decisions that hinder their long-term freedom and relationships, according to ChatGPT. 

Fund of Funds (FoFs) are a type of mutual fund that does not invest directly in stocks, bonds, or other asset classes. Instead, they invest in other mutual fund schemes or just track an ETF or index fund.