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Bank of Baroda Q4 profit tops estimates despite higher provisions; FY27 guidance in focus

Bank of Baroda reported a strong set of Q4 results on May 8, with profit and net interest income beating Street estimates on the back of healthy business growth and improving asset quality.The state-run lender posted a net profit of ₹5,615.7 crore for the quarter ended March, up 11.3% from ₹5,048 crore a year ago and ahead of the CNBC-TV18 poll estimate of ₹4,787.2 crore.Net interest income (NII) rose 8.7% year-on-year to ₹12,493.7 crore from...

2026-05-08T12:02:38Z

How UPI is making you overspend without realising – 5 ways to manage

The biggest challenge with UPI is that it removes the 'pain of paying'. When you hand over a physical Rs 500 note, you feel the loss immediately. With UPI, the transaction happens in a split second, and the mental weight of the expense is gone.

2026-05-06T14:28:44Z

SBI logs 5.6% rise in Q4 profit; says prolonged war may hit demand

SBI is a bellwether for the sector, and its loan growth gives an indication of the state of the banking system

2026-05-09T02:28:34Z

ED seizes gold, US dollars worth over ₹1 cr from Ashok Kharat’s bank locker

The valuables – comprising gold jewellery worth ₹1.10 crore, $5,500 in cash (worth ₹5.19 lakh at current rates) and silver jewellery worth ₹1.89 lakh – were seized in presence of the godman’s daughter

2026-05-06T23:58:24Z

Top 10 richest people in the world (May 2026): Elon Musk sees $35-billion fortune drop despite market surge; Larry Page joins $300-billion club

Top 10 richest people in the world (May 2026) list: Walmart s Jim Walton entered the top 10 for the first time in three years. His wealth rose by $7 billion to $147 billion, putting him at number 10.

2026-05-05T13:48:09Z

Wall Street’s new titan: Jane Street doles out $2.7 mn payout per employee after record revenue haul - What fuelled the growth?

Jane Street Group’s $2.68 million payout: The company pulled in about USD 39.6 billion in trading revenue last year, a haul that outranked Wall Street banks and market-making peers. On a per-employee basis, that equates to USD 2.68 million on average, almost seven times as much as rival Goldman Sachs Group Inc.

2026-05-02T07:43:32Z

Women's savings scheme: Earn high returns with post office investment

Post Office Introduces Women’s Savings Certificate The postal department frequently launches excellent, secure, and high-return schemes for the public. One such initiative is the Women’s Savings Certificate (MSSC), which currently offers an impressive interest rate of 7.5%. This rate surpasses that of fixed deposit schemes offered by other banks. Investing ₹2 Lakhs for Significant Returns If a woman invests ₹2,00,000 for a duration of two years...

2026-05-06T01:25:35Z

Silver surges Rs 10,368 to Rs 2.54 lakh/kg in futures trade

New Delhi, May 6 (PTI) Silver prices surged by Rs 10,368 to Rs 2.54 lakh per kilogram in futures trade on Wednesday, tracking strong global cues and easing inflation concerns after oil prices declined. On the Multi Commodity Exchange, the white metal for July delivery soared by Rs 10,368, or 4.24 per cent, to Rs 2,54,684 per kilogram in a business turnover of 7,193 lots. “Silver prices have recovered from key support levels as Middle East...

2026-05-06T12:11:46Z

Understanding numerology: The financial mindset of life path numbers 4 and 8

Numerology Insights Numerology: In the realm of numerology, certain life path numbers are recognized for their meticulous approach to finances. Individuals with these numbers tend to despise unnecessary spending and invest their money with great caution. The first among these are those with life path number 4. Alongside them, individuals with life path number 8 are also known for their sensitivity towards money. Let’s delve deeper into their...

2026-05-03T10:25:33Z

20 GK questions about money, banking and finance with answers | Latest quiz 2026

Take this General Knowledge quiz about money, banking, and finance to test your financial knowledge.

2026-05-06T11:58:34Z

Why having all your money invested can still leave you financially stressed since you do not have liquid money at hand

Financially conscious individuals make sure that no amount of money is 'sitting idle.' All extra money is quickly invested and savings made in such a way that there is not much of an opportunity cost to them. Although this seems to be idealistic on paper, it could give rise to another problem altogether. Being asset rich and cash poor can be quite stressful despite having a high net worth. Your net worth does not determine your liquidityIt is...

2026-05-07T06:40:26Z

I went from Rs 10.25 LPA to 4.75 LPA: Woman takes massive pay cut to transform dad's furniture business

Success is often measured by a rising salary, but not every career move follows that path. A young professional’s decision to take a pay cut and return to a family business is drawing attention for its clear focus on long-term value over short-term gain. In a move that stands apart from the usual race for higher pay, Shifanaz Sharief has explained why she chose to reduce her income to support her father’s long-running business. Sharing her story...

2026-05-06T08:17:29Z

₹2.75 to ₹151.50: Multibagger penny stock turns ₹1 lakh into ₹55 lakh in four years

Magnus Steel and Infra share price, which was once priced at ₹2.77 apiece in May 2022, is now trading at ₹151.50 on the BSE. Here's the share price trend and investment growth of the multibagger penny stock.

2026-05-04T07:38:03Z

Rupee outlook 2026: Will Indian currency hover around $95 amid Middle East conflict? Check BMI's projection

Rupee Vs Dollar Outlook 2026: The Indian Rupee is likely to trade broadly sideways at around Rs 95 per US dollar by the end of 2026, from its current level of Rs 95.20 per US dollar, with the Iran conflict expected to weigh on its value, BMI said on Wednesday. However, slowing profit repatriation and central bank currency intervention will limit the pace of rupee depreciation, the Fitch group company said in a report. The US-Iran conflict has...

2026-05-06T08:21:02Z

Estate planning: Financial mistakes families make after a loved one’s death — and how to avoid them

The death of a family member disrupts finances, making it crucial to focus on financial matters. Key steps include obtaining a death certificate, listing assets and liabilities, managing insurance claims, and re-planning finances to ensure stability during this difficult time.

2026-05-09T03:17:12Z

Toyota expects $4.3 billion hit from Iran war fallout

Toyota anticipates a significant financial hit from the Iran war. The automaker expects the crisis to cost approximately $4.3 billion this financial year. This comes as rising costs and supply disruptions outweigh strong demand for hybrid vehicles. Toyota's full-year profit is projected to decline by a fifth. The company faces challenges from global events and trade policies.

2026-05-08T07:48:21Z

Can Rs 10 lakh in post office FD and Rs 10,000/month in RD build Rs 1 crore retirement corpus in 20 years?

Interest rates may vary. If we talk about the post office, it offers a 6.7% interest rate on its RD, while its rate for the 5-year FD is 7.5%. Using both post office FD and RD for financial planning, you can create a nearly Rs 1 crore retirement corpus in 20 years even if you invest Rs 10 lakh in the FD and invest Rs 10,000 monthly in the RD.

2026-05-08T13:01:14Z

How Vijay built and parked his Rs 600 crore wealth ahead of Tamil Nadu election win

As Vijay surged politically in Tamil Nadu, his financial disclosures revealed a strikingly disciplined approach to wealth—prioritising safety, liquidity and selective investments over flashy risks

2026-05-06T08:07:35Z

What typically changes in your finances after reaching your first Rs 50 lakh in savings and investments

The accomplishment of having an amount of Rs. 50 lakh in savings and investments marks a significant milestone. It is generally indicative of a blend of hard work, proper savings and investment practices, and effective financial management skills. Although crossing the threshold doesn't necessarily change things drastically, it marks a point at which the nature of wealth accumulation changes substantially. The importance of compounding...

2026-04-26T07:32:31Z

SGB jackpot: 2018 gold bond matures today; turns Rs 1 lakh into Rs 4.86 lakh

The absolute return per unit stands at Rs 11,837, calculated as the difference between the redemption price and the issue price.

2026-05-04T09:15:07Z

SIP vs RD: With Rs 10,000 monthly investment, where can you make more money in 10, 15 and 20 years?

Choosing between SIPs and Recurring Deposits (RDs) for regular investment presents a common dilemma. While RDs offer predictable, fixed returns with minimal risk, SIPs in mutual funds, particularly equity funds, have the potential to generate significantly higher corpus over the long term, despite market fluctuations.

2026-05-06T02:31:17Z

RBI moots safeguards to curb digital payment fraud: How will they protect bank customers?

To curb digital payment fraud, the RBI has suggested measures such as lagged credit, a trusted person authenticating transactions for vulnerable individuals, prescribing a ceiling for annual aggregate credits in a bank account, and providing customer-induced controls, including a kill switch.

2026-05-09T00:17:10Z

Raising a family and managing finances: Money lessons from modern mothers

Managing a family’s finances has become more demanding in recent years. Rising living costs, education expenses, healthcare needs, and changing lifestyle expectations have made financial planning an everyday responsibility. In many households, mothers play an important role in balancing these priorities while planning for long-term stability. Modern motherhood today is not only about managing expenses. It is also about making practical financial...

2026-05-08T20:42:18Z

BlackRock bets big on stablecoins with two new crypto-linked money-market funds | Key details explained

BlackRock Inc. plans to launch two money-market funds for stablecoin investors, including a digital version of its $6.1 billion liquidity fund and a new tokenized fund for crypto wallet users.

2026-05-09T02:47:10Z

Rupee surges on US-Iran truce hopes, settles 66 paise higher

Cooling of crude oil prices also offset some of the pressure on the Rupee which had its logged the worst performance in 14 years in FY26.

2026-05-06T10:30:06Z

Buying vs renting a home: ₹1 crore home or ₹5 crore wealth - how the strategy of renting and investing may beat buying a house in India

Buying a home in Indian metros is an emotional decision, but financial realities are shifting. Renting and investing the difference between rent and EMI can build substantial wealth over two decades. Equities offer higher long-term returns than property appreciation. The choice hinges on prioritizing financial optimization or personal stability.

2026-05-07T01:01:22Z

30+ Important Income Tax Terms in India You Must Know

Important Income Tax Terms: In India, income tax plays a significant role in the lives of all working people. Understanding income tax is essential for managing your finances and abiding by the law, regardless of whether you are a freelancer, business owner, or salaried employee. However, especially for newcomers, the terminology used in income tax forms and regulations can frequently seem unclear. Although terms like "capital gains,"...

2025-08-11T13:21:04Z

Can IPOs make you quick money? What investors should know before applying

IPOs, or Initial Public Offerings, are often marketed as opportunities for easy money. Listing gains can give early investors double-digit returns overnight. So should you apply or wait? The answer depends on what you're buying into. What is an IPO? An IPO is the process through which a private company sells its shares to the public for the first time and gets listed on stock exchanges like the National Stock Exchange or the Bombay Stock...

2026-05-07T06:45:53Z

Sell or pledge? How Vi can unlock Rs 23,000 crore from part of Vodafone Plc's stake

At current market valuations, Vodafone Plc's 19% stake in Vodafone Idea is estimated to be worth around Rs 23,160 crore.

2026-05-08T16:57:25Z

US stocks rise as job market data surpasses expectations amid rising oil prices

U.S. stocks are on the rise as job market data surpasses expectations, overshadowing concerns about rising oil prices amid geopolitical tensions.

2026-05-08T19:39:11Z

Titan Q4 results: Cons profit jumps 35% YoY to Rs 1,179 crore; Rs 15/share dividend announced

Titan Q4 Results: Titan Company reported a robust 35% growth in net profit for Q4FY26, reaching Rs 1,179 crore, driven by a strong performance in its jewellery segment. The company's total income surged by 46% to Rs 20,300 crore. Titan's Board also recommended a dividend of Rs 15 per equity share.

2026-05-08T08:41:14Z

Mobile money doubles to $2 trillion in 4 years as digital payments surge globally: Report

Global mobile money transactions surpassed $2 trillion in 2025, doubling in value within four years. This growth is fueled by increased user activity and a shift towards everyday merchant payments, which saw a 42% rise. Providers are also expanding into savings and insurance, boosting sector profitability despite ongoing regulatory and fraud challenges.

2026-05-03T09:09:15Z

Equity vs debt vs gold: What's the best asset class for 2026 investors?

Choosing the right asset class in 2026 is more complex than ever, with varying risk, returns, and liquidity across options. This snapshot simplifies where equities, gold, FDs, and alternatives stand today.

2026-05-03T01:59:51Z

Trump’s economic strategy tests strength of dollar

Spanish outlet elEconomista.es reported that despite political pressure from the White House and growing geopolitical tensions, the dollar continues functioning as the backbone of the international monetary system. Trump targets dollar According to elEconomista.es, Trump has increasingly treated a weaker dollar as a political objective, arguing it ...

2026-05-08T17:10:08Z

After 43 years, a US family sold their electrical company for $1.7 billion and gave 540 workers $240 million of it

A US-based businessman, Graham Walker, gifted his 540 employees a staggering $240 million from the $1.7 billion sale of his family's company, Fibrebond Corp. This generous act, where workers received an average of $443,000, stemmed from a condition Walker imposed before the sale to power-management giant Eaton.

2026-05-08T11:45:13Z

Why Intel stock surged suddenly today. Explaining new Apple chip-making deal

Shares of Intel soared sharply Friday after a report claimed the chipmaker had reached a preliminary agreement with Apple

2026-05-08T18:13:54Z

Berkshire Hathaway reports significant profit growth as annual meeting approaches

Berkshire Hathaway's first-quarter profits more than doubled, showcasing significant growth as shareholders gather for the annual meeting in Omaha, Nebraska.

2026-05-02T13:09:08Z

Profit jumps 30%! Aditya Birla Capital posts strong Q4 FY26 results

Mumbai/IBNS, May 8 -- Aditya Birla Capital Limited has announced its audited financial results for the quarter and year ended March 31, 2026.

2026-05-08T10:32:52Z

A lottery winner got $16 million - then went $500,000 in debt in 3 months

Winning the lottery sounds like the ultimate escape, but the money can create problems just as fast as it solves them. Experts often advise winners to hire lawyers, avoid scams, protect themselves from harassment, and make careful decisions about spending, debt, taxes, and whether to take a lump sum or annual payments. The transcript highlights one winner who received $16.2 million, then fell $500,000 into debt within just three months. The real lesson is harsh: a jackpot can change your bank account overnight, but it cannot replace discipline, patience, or financial judgment.

2026-05-06T11:15:42Z

India’s forex reserves fall by $7.79 billion to $690.69 billion: RBI

India's foreign exchange reserves experienced a significant drop of $7.794 billion, reaching $690.693 billion in the week ending May 1. This decline, primarily driven by a fall in foreign currency assets and gold reserves, follows a previous decrease. The central bank's intervention in the forex market to support the rupee is a key factor behind this trend.

2026-05-08T15:46:17Z

Paytm shares gain 6% after profitability returns in Q4; co hopeful of continued margin expansion

Shares of One 97 Communications Ltd., the parent company of Paytm, gained 6% on Thursday, May 7.The company reported a revenue of ₹2,264 crore in the March quarter, up 3.2% sequentially and up 18.4% from the previous year.Its profit came in at ₹183 crore, which was 18.7% lower than the previous quarter's ₹225 crore and in comparison to last year's loss of ₹545 crore.Paytm's earnings before interest, tax, depreciation and amortization of ₹132...

2026-05-07T05:17:44Z

Chinese yuan surges as currency war between US and China heats up

The global financial landscape is shifting as the Chinese Yuan gains strength against the US dollar, hitting a near three-year high. Analysts say currency markets are becoming a new battleground between the US and China, with strategic moves impacting global trade and economic power. While the dollar remains dominant, the yuan’s rise signals a slow but significant shift in global financial dynamics.

2026-05-06T17:18:45Z

Ujjivan Small Finance Bank Q4 result: Profit surges 43%; plans to raise Rs 2,000 crore via QIP

The lender also reported a decline in provisioning expenses during the quarter.

2026-05-08T10:30:04Z

What is Roger Federer and Mirka Federer's combined net worth in 2026? Inside the tennis power couple’s $1.1 billion fortune

Roger Federer and Mirka Federer’s combined net worth in 2026 is around $1.1 billion or more, based on Forbes. Most of this wealth comes from brand deals, business moves, and Federer’s On investment. Mirka played a key role in managing his career. Their success shows how smart planning beyond sports can build long-term financial strength.

2026-05-05T21:51:13Z

Ather Energy jumps 5% to touch all-time high after Q4 loss narrows

Shares of Ather Energy surged as much as 5.15% to hit an all-time high of ₹982.5 on the BSE during the intraday trading today, as investor sentiment turned positive following its Q4 FY26 performance. The stock later pared gains and was trading 1.99% higher at ₹952.9 as of 11:51 IST. The company’s market capitalisation stood at ₹36,357.7Cr (about $3.8 Bn) at the time. The rally was driven by a sharp decline in the company’s loss, strong revenue...

2026-05-05T07:15:26Z

SBI’s CS Setty expects margins above 3%, sees up to 15% loan growth backed by ₹5 lakh crore pipeline

India’s largest lender, State Bank of India remains confident of protecting its margins and sustaining strong loan growth momentum despite pressure from lower interest rates and a rising credit-deposit ratio, Chairman CS Setty told CNBC-TV18 after the bank’s March quarter earnings.Setty said SBI expects its net interest margin (NIM) to remain above 3% during the current financial year, while credit growth is likely to stay in the 13–15% range,...

2026-05-08T16:17:38Z

Gold rate today, May 9, 2026: Yellow metal turned costlier? Check 24K, 22K and 18K prices in Delhi, Mumbai, Kolkata

Gold Rate Today, May 9, 2026: Major Indian cities recorded gains in retail gold prices with some markets witnessing a rise in 22K, 24K and 18K rates.

2026-05-09T04:28:41Z

Why are SIP investors more successful than most market participants?

SIP investors often outperform other market participants because disciplined investing reduces emotional mistakes and timing errors, according to DSP Mutual Fund report. The report also said large-cap stocks currently appear relatively better positioned than small- and mid-caps from a valuation perspective.

2026-05-07T02:14:51Z

Indian rupee seen broadly steady by currency analysts despite capital outflows: Reuters poll

The Indian rupee is expected to hold its ground against the US dollar, according to a Reuters poll of currency analysts who have clung to the same view despite the currency consistently weakening amid persistent foreign capital outflows from domestic markets.That steadfast outlook is even more striking this year as aggressive intervention by the Reserve Bank of India (RBI) to stem the rupee’s decline has pushed its short dollar position to a...

2026-05-06T12:23:37Z

Silver rate today, May 6: Prices gain as geopolitical tensions ease, weak US dollar supports bullion; check city-wise prices in India

Silver Price Today, May 6: Silver prices rose due to weak US dollar, easing geopolitical tensions, and lower oil prices. IBJA benchmark showed a slight movement, while city rates stayed mostly uniform except for higher Chennai prices.

2026-05-06T02:29:02Z