Why your first Rs 25 lakh investment is a major wealth-creation milestone

Reaching the Rs 25 lakh milestone signifies a transformative moment in wealth creation for young investors. It indicates that accumulated capital is now playing a crucial role in enhancing portfolio growth, alongside new savings. With market downturns having a more pronounced effect in rupee terms, effective risk management strategies become essential. Moreover, optimal asset allocation is key for achieving a balance between growth and stability.

Cybercrooks use fake SIR form to dupe senior citizen of ₹8L

Pune: An elderly man from BT Kawade Road lodged a complaint with Mundhwa police, saying that online fraudsters, who posed as ECI officials, cheated him of Rs 8 lakh by sending him a fake SIR form online between Oct 1 and 3.Get breaking news anytime, anywhere. Download the TOI app now!The suspects allegedly installed remote access software in the vi...

Forget luxury cars: These are the real signs of financial success

Financial success looks different for everyone. It’s not always about earning the highest salary or owning the most expensive things. Often, it’s about having control over your money, preparing for the future, and living without constant financial anxiety. If several of these signs apply to you, chances are you’re doing better financially than you give yourself credit for.Many people assume financial success means owning a luxury car, living in...

GK: Why does the dollar sign have an ‘S’ in it?

The $ symbol is among the world’s most recognisable signs, instantly associated with money and wealth. But its unusual shape has a fascinating history, with its roots tracing back beyond American currency. (Image-AI)Before the U.S. established its own monetary system, American colonies used British pounds, shillings and pence. Continental currency introduced dollars in 1775, while Congress officially adopted the dollar in 1785. (Image: Canva)The Spanish peso was widely used across international trade and became particularly important in America. Known as the “peso de ocho reales”, it continued as legal tender in the U.S. until 1857. (Image: Canva)One leading explanation links the symbol to merchants abbreviating “Spanish peso”. They wrote a lowercase “p” over an “S”. Over time, repeated use simplified the combination into today’s familiar dollar sign. (Image: Canva)Another theory connects the symbol to Spain’s coat of arms and the Pillars of Hercules. A different claim says it combines “U” and “S”, but historians have found little evidence supporting it. (Image: Canva)The symbol appeared in American printing by the late 1790s, reportedly through Philadelphia printer Archibald Binny. It was initially used in ledgers and print, before appearing on banknotes in 1869. (Image: Canva)The $ sign is now used for currencies including the Canadian and Australian dollar, along with several pesos. Its presence on early keyboards also helped make it useful across programming languages. (Image: Canva)

Should you keep a 100% equity portfolio? Here's what 20 years of data reveals about risk-adjusted returns

A 100% equity portfolio delivered better long-term gains, but the picture changes when volatility enters the equation. Data spanning 20 years show how a fixed-income instrument and a 50:50 mix compare in terms of risk-adjusted performance, revealing a different side of portfolio returns.

Ashish Kacholia, Mukul Agrawal, others invest Rs 120 crore in IPO-bound Fusion CX

Ace investors Ashish Kacholia and Mukul Agrawal-backed Sanshi Fund, along with Kotak Mahindra Life Insurance, acquired a combined 3.19% stake worth Rs 120 crore in Fusion CX ahead of its Rs 702 crore IPO opening on October 14.

Market rout forces Centre to put OFS plans on hold | Profit exclusive

The Centre has put four to five planned stake sales on hold for H2 FY27, with Indian Overseas Bank and Hindustan Zinc among the potential transactions affected.

Ola Electric ₹1k cr rights issue: Check dates, per share price, face value, premium, record date, ratio - details

Ola Electric has approved a rights issue of up to ₹1,000 crore, offering 37.03 crore shares at ₹27 each. Shareholders holding stock on October 13, 2026, will be eligible for two rights shares for every 25 shares held. The issue is scheduled to open October 22 and close October 30.

Indian couple studying in Ireland spends Rs 3.25 lakh a month, shares detailed expense breakdown

Studying abroad can come with a hefty price tag, but how much does it actually cost to live in one of Europe’s most expensive cities? From rent and groceries to shopping and eating out, everyday expenses can quickly add up. An Indian couple pursuing their master’s degrees in Dublin, Ireland, has shared a breakdown of their monthly spending, revealing how their expenses cross Rs 3 lakh. The video was shared on Instagram by Sayali and Vaibhav, who...

5 sacred flowers of Goddess Lakshmi you must grow at home to attract wealth and prosperity

Goddess Laxmi is known as the goddess of wealth, fortune and prosperity. As per Hindu tradition, the goddess loves flowers as they carry deep spiritual significance.

I bought a house at 23 – here's how I did it

Lauren Whelan was able to get on the property ladder by saving from a young age and making the most of Government support

The richest man in history had more wealth than entire countries

It sounds exaggerated. But by most historical estimates, the richest person to have ever lived wasn’t a modern billionaire. It was Mansa Musa, a 14th-century ruler of the Mali Empire.And his wealth wasn’t just large. It was on a completely different scale.Mansa Musa ruled over one of the richest regions in the world at the time, covering large parts of West Africa. This wasn’t just any territory — it was one of the main sources of gold, which...

Confirmed booking cancelled in Munnar; hotel and booking platform to pay family Rs 40,000

The platform told the commission that it had offered to help arrange alternative accommodation costing up to Rs 20,000 per room.

She had a prestigious Wall Street job – two drinks exposed her paycheck-to-paycheck reality

Vivian Tu executed billion-dollar trades for Wall Street hedge funds, yet lived paycheck to paycheck and once had her card declined at a crowded bar. She had to wait until 12:01 for her paycheck to reach her bank account before she could settle the tab. A decade later, she reveals how financial literacy, investing, online banking and modern money tools helped her escape the financial chaos hidden behind an impressive career.

Should you keep investments in your own name or jointly with your spouse?

Once couples start investing together, a common question comes up: should investments be held in one person's name or jointly? There isn't a single answer that works for every family. Some couples prefer keeping everything separate, while others hold bank accounts, fixed deposits and property jointly. Many end up with a combination of both. The important thing is to understand what each option means before you start investing. One of the biggest...

Five money habits that can keep you financially secure for years

A higher salary does not automatically make a person financially secure. It is possible to earn well and still have little money left at the end of the month. On the other hand, someone with a modest income can build a stronger financial cushion by making a few habits part of everyday life. The first is to know where your money is going. This sounds basic, but many people track investments more carefully than they track spending. Keep an eye on...

Think your fixed deposit is completely safe? Here’s what you should check

For most people, a fixed deposit is the closest thing to “safe” in the world of investing. There’s no market volatility to worry about, the returns are predictable, and the money sits quietly in a bank you trust. But that sense of comfort can sometimes turn into overconfidence. Because while FDs are low-risk, they are not entirely risk-free—and the gaps usually show up only when something goes wrong. The Rs 5 lakh limit most people overlook...

Gallantt Ispat share price jumps 15% | What’s driving the rally? Key levels to watch

Gallantt Ispat surged over 15% on 12 October amid high trading volumes, despite a weak market. Analysts said the broader trend remains cautious, citing support near ₹500 and resistance around ₹600 to ₹650. Investors are also watching the company’s ₹3,000 crore expansion plan and FY27 growth.

Indian rupee strengthens in offshore market after RBI measures

One-month non-deliverable forwards showed the rupee strengthening as much as 2.7% to 94.17 per dollar before paring its gain to 0.7%.

Rupee set for sharp rally as RBI moves to curb speculative bets, but risks remain

The currency closed at 96.73 against the dollar on Friday after weakening nearly 8% this year, near its record low of 96.96.

Five mistakes parents make when giving adult children money – according to experts

From assuming your child will be with their partner for ever, to giving away too much

Bihar Uber driver with ₹80k rent income still works 12-hour days

Unexpected work choice: Despite earning ₹80,000 monthly from rent, the driver works 12-hour shifts with Uber. Reason for persistence: After a heart attack led to job loss, he drives to prove his value and maintain dignity. Public reaction: Social media users hailed his determination, calling him an inspiration for perseverance.

Planning a baby in Delhi-NCR? This mom’s real-life Rs 4.5 lakh expense in 1st year shows how much you may need

If you are planning to become a parent in Delhi-NCR anytime soon and wondering how much you should save, this real-life case study breaks down the costs and offers practical insights into the expenses involved.

Gurugram woman spends over 50% salary on rent, shares why she wouldn't change it

A Gurugram woman said she spends more than half her salary on rent to live a four-minute walk from work. Her video prompted debate over whether convenience and peace are worth sacrificing savings and SIPs.

Petrol, diesel prices today, October 12: Check fuel rates in Delhi, Mumbai, Kolkata, Chennai

Petrol, Diesel Prices Today, October 12: Petrol and diesel prices remained largely unchanged across major Indian cities on Monday, October 12. In New Delhi, petrol is priced at Rs 102.12 per litre, while diesel costs Rs 95.20 per litre. In Mumbai, petrol is available at Rs 111.21 per litre and diesel at Rs 97.83 per litre.Fuel prices are revised daily at 6 am under India’s dynamic fuel-pricing system. Indian Oil Corporation (IOC) says daily...

5 things you should never discuss at work

How to plan a weekly budget without giving up small treats? Try these 5 simple saving hacks

The most common lie in personal finance is that your morning latte is keeping you broke. It’s not. What’s actually killing your savings is budgeting lag. The real problem is you're trying to manage your life in 30-day blocks while spending your money in 24-hour impulses, and that is why a weekly budget plan is important. When you treat budgeting like an extreme crash diet, you trigger the same psychological backlash: three weeks of financial...

Rs 22 lakh-crore global green hydrogen boom: 3 stocks eyeing India’s 5 MTPA goal

India’s ₹17,490 crore green hydrogen push is gaining momentum. Explore how 3 companies are tapping the ₹22 lakh crore global market by building capacity and developing hydrogen projects as countries shift toward clean energy.

ED raids eight locations in Kolkata in money laundering case

Kolkata: The Enforcement Directorate raided eight locations here on Monday morning as part of its probe into a money laundering case, a senior official said. The searches were carried out on multiple premises, including one in Tollygunge and a few along Sarat Bose Road in South Kolkata, as the federal agency intensified its probe into suspected financial fraud and collection of crores from the public on the promise of high returns, the official...

Bigg Boss Tamil 10: Rs 10,000-40,000 per day; here's how much each contestant earns per day

Bigg Boss Tamil Season 10 has been making news not just for its tasks, nominations and eliminations but also for reports on how much contestants earn during their stay in the house. As per the latest reports, the contestants are in different remuneration brackets, and their daily salary is reportedly between Rs 10,000 and Rs 40,000. The current season is hosted by Vijay Sethupathi and includes a mix of commoners and well-known television...

Rs 10 lakh investment, different explanations: why ITAT deleted tax addition and Rs 2 lakh penalty

The dispute arose after the income tax department received information about an investment of Rs 11.25 lakh made by a man with a wealth management firm. The assessing officer accepted that Rs 1.25 lakh had been paid by cheque, but the source of the remaining Rs 10 lakh, was questioned. Before considering the tax dispute, the tribunal had to address the delay in filing the appeals

Is no-cost EMI always free? The catch buyers should know before opting for it while shopping online

No-cost EMI offers can hide extra expenses, despite being advertised as interest-free. Here's what customers should know before they opt for this route.

9 Money Mistakes That Drain Your Wealth

From overspending to neglecting investments, many common habits can prevent your money from growing. A small financial misstep can silently drain your resources and derail your long-term goals.Overspending: If you spend more than you earn it leads to debt accumulation and constant financial stress. Budgeting and tracking expenses are key to staying in control. (Image: AI Generated)Neglecting Emergency Savings: Without an emergency fund,...

7 lucky plants that bring money, positive energy, and calm

There’s something almost magical about walking into a home filled with plants. The air feels lighter, the mood softens, and even the quiet corners seem more alive. Beyond their beauty, many people believe that certain plants carry the power to attract luck, wealth, and good energy. As city living becomes more fast-paced, people are turning to greenery not just for aesthetics but for emotional comfort. Plants help purify the air, reduce stress,...

Oil prices today: Brent crude near $104 as Russia-Ukraine energy ceasefire eases supply concerns

US President Donald Trump said on Sunday that Russia and Ukraine had agreed to halt attacks on each other's energy infrastructure, following an announcement on Friday about a diesel-supply deal with Moscow.

Warren Buffett sheds light on mistakes investors make while trying to get rich: 'Terrible mistake to think'

Taking a reference from late baseball pro Ted Williams' book, Buffett said that there are ‘no called strikes’ in investing. Here's what the billionaire said about the mistakes investors make while trying to get rich over time.

Can you double your money in 90 days? This fourth-generation trader points to red chillies

The trader, whose family has been in the spices business for around 100 years, mainly deals in red chillies.

6 reasons why you should bring a Vastu brass turtle in your home for financial prosperity and success

Vastu Turtle Benefits: Did you know that the small brass turtle on your shelf could change your luck? According to Vastu Shastra, the tortoise is considered a very auspicious symbol and an indicator of harmony. Adding it to your home can solve your money problems and bring happiness and prosperity to your entire family. If you are planning to achieve success in your professional or business life, a brass tortoise would be an excellent choice....

‘I couldn’t buy until I was 43’: Why more people get on property ladder in later life

More people, like Liz Johnson, are getting on the property ladder later in life, research shows

Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exempt

Retirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It's crucial to identify which income streams are subject to taxation and which advantages remain untaxed to prevent errors and manage your finances wisely. Learn strategies to legally minimize your tax responsibilities after retirement and bolster your financial stability.

Top 5 highest-grossing superhero franchises: Does Marvel beat DC at the box office?

Discover which superhero franchise is the highest grossing one till date. From Spider-Man to Batman, read ahead to find out whether Marvel dominates at the box office over DC here.

October money feng shui: Place jade in your wealth corner; skip bedrooms and bathrooms

Jade is highly valued in Chinese culture for its connections to wealth and prosperity. This green stone is believed to attract money and promote financial stability through various feng shui practices. Individuals often enhance their wealth corners with jade items like sculptures or tumbled stones. To maximize jade's benefits, it should be cleansed before placement and kept away from cluttered areas.

Man who had everything: Story about money anxiety after 60

In this edition of Live to 100, we explore why even a perfect retirement corpus can feel hollow after 60 — and how clarity of purpose, not more money, is what finally brings peace.

Paul Black’s 3 thumb rules for identifying great wealth creators

Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats, strong corporate cultures and improving returns on invested capital, while patience and an information edge can help investors identify and hold potential long-term wealth creators.

Buying a car? Here’s how much of your income you should actually spend

'Baththa' BO day 11 vs 'Sigma': Vijay Sethupathi's film earns Rs 23.20 cr in India

Vijay Sethupathi's 'Baththa' has continued to perform well at the box office with rising earnings. The film recorded significant daily collections increasing from Rs 1.65 cr to Rs 3.10 cr over the weekend. In contrast, Jason Sanjay's 'Sigma' has seen modest improvements in daily earnings despite low initial collections. The performances indicate a stronger audience reception for 'Baththa' compared to 'Sigma'.

Why do Ozempic and Mounjaro work for some people but not others?

These breakthrough diabetes and weight-loss medications have transformed millions of lives, but not everyone responds in the same way. Genetics, biology, lifestyle and disease stage all influence their effectiveness

Reverse mortgage: Your house could pay you back but there's a catch

Japanese proverb of the day: "Getting money is like digging with a needle. Spending it..."

Money is one of life's greatest necessities. Yet earning it often takes patience, effort and sacrifice. A traditional Japanese proverb captures this truth perfectly. "Getting money is like digging with a needle. Spending it is like water soaking into the sand".It reminds that wealth is difficult to build but remarkably easy to lose. What does this proverb mean?The proverb compares earning money to digging the ground with a tiny needle. It is...

Entrepreneur reveals why staying in India over studying abroad was worth it

The entrepreneur chose to stay in India 17 years ago despite having multiple offers to study abroad.