Business

RBI to conduct Rs 1 lakh crore OMO purchase of G-Sec on Mar 9, Mar 13

Mumbai, Mar 6 (PTI) The Reserve Bank of India (RBI) on Friday said it will conduct Rs 1-lakh crore open market operation (OMO) purchase of government securities in two tranches on March 9 and March 13

China tops US with most billionaires globally; India ranks third - how AI has fueled wealth boom

China now leads the world with 1,110 billionaires, surpassing the United States, according to the Hurun Global Rich List. The nation added 287 new billionaires, largely driven by AI, semiconductors, and healthcare, showcasing rapid wealth creation and a significant shift in global economic power.

What does the Middle East conflict mean for your money? This is Money podcast special

What does the conflict mean for petrol prices, mortgages, investors, energy bills and more?

How to make your first $1,000,000

A practical guide outlining strategies, tips, and mindset approaches for reaching the milestone of your first $1 million in earnings.

Mrigank Tiwari – Hero se Mulaqat | #NiveshkaSahiKadam (English)

BoB raises Rs 10,000 crore via green infrastructure bonds

New Delhi, Mar 5 (PTI) State-owned Bank of Baroda (BoB) on Thursday said it has raised Rs 10,000 crore through the issuance of long-term green infrastructure bonds, becoming the first bank in India to issue such an instrument domestically. The issue garnered overwhelming investor demand, receiving bids aggregating Rs 16,415 crore, over three times the base issue size of Rs 5,000 crore, BoB said in a statement. The seven-year bond was placed on...

Rupee rebounds from record low, closes 45 paise stronger at 91.60 against US dollar

At the interbank foreign exchange, the rupee opened at 92.16 and touched an intraday high of 91.30 against the greenback. The currency ended the session at 91.60 (provisional) against the dollar, registering a gain of 45 paise from the previous closing level.

Wall Street faces decline as oil prices surge amid ongoing Iran conflict

Wall Street is set to open lower as oil prices spike amidst the ongoing conflict in Iran, raising concerns over global economic growth and impacting airline stocks and gas prices.

Common feng shui mistakes that stop wealth

Transform your financial fate by steering clear of typical household blunders! According to Feng Shui specialists, disorganized entryways, deferred upkeep, and awkwardly positioned mirrors can hinder your wealth flow. Create harmony in your kitchen, ensure vibrant lighting, and keep your main entrance unobstructed to draw in affirmative energy and enhance your financial well-being.

Stock market ends higher amid strong buying

On Nifty, the Adani Ports emerged as the top gainer rising 4.52%, Larsen & Toubro gained 4.02%, Hindalco Industries climbed 3.60 %, NTPC rose 3.35% and Reliance Industries by 3.30%.

X Money is coming soon: What it is, how it works, and why Elon Musk is betting big

Elon Musk X Money: X, formerly Twitter, is moving towards becoming an 'everything app'. A new payment service, X Money, is in internal testing and will soon launch publicly. This service aims to integrate messaging, shopping, and financial management. X Money has secured licenses and partnered with Visa. Early users can expect a 6% APY and a welcome gift.

How to save money every month without compromising on lifestyle: Tested and tried tips and experiences

Unlock significant savings on household expenses without sacrificing comfort. Simple adjustments in electricity usage, grocery shopping, and dining habits can free up thousands monthly. Smart strategies like meal planning, bulk buying, and reducing impulse purchases, alongside repairing items instead of replacing them, offer substantial annual financial gains. Mindful spending is key to building wealth.

₹6.60 to ₹430: Multibagger penny stock turns ₹1 lakh into ₹65 lakh in five years

Authum Investment & Infrastructure's stock has transformed an initial ₹1 lakh into ₹68 lakh in five years, demonstrating exceptional multibagger performance despite market volatility and corporate actions like stock splits and bonus issues.

Senior citizens can earn Rs 50000 per month by using these govt schemes – check interest rate, calculation explained

Govt Senior Citizens Saving Schemes: The Senior Citizen Savings Scheme is a government securities-linked savings plan specifically for retirees over 60 years of age

Here’s how much you need to earn to be considered upper class in every US state

Gold plunges Rs 7,600, silver tanks Rs 27,700 as investors book profits after recent rally

According to the All India Sarafa Association, silver dropped sharply by Rs 27,700, or 9.23%, to Rs 2,72,300 per kilogram (inclusive of all taxes).

73% of women real estate investors now prioritize rental yield and returns over traditional home ownership

Women in India are significantly reshaping the housing market, with a focus on property as a financial investment rather than just consumption.

We are all weird about money - and it’s costing us

Money wasn’t just about numbers - it was about power, identity, and shame. Many creatives believed focusing on money would corrupt their art, yet avoiding it often kept them stressed and stuck. The conversation unpacked why “we’re all weird about money,” from underpricing our work to impulse spending and silent embarrassment. Real change didn’t begin with a budget spreadsheet — it began with confronting beliefs about worth and value. Learning the rules of the system wasn’t about loving capitalism — it was about gaining enough agency to stop feeling powerless inside it.

Why India's growing wealth is driving investment into luxury real estate

As capital increases, investors become more careful. The focus shifts from chasing returns to protecting value. This is why luxury real estate is gaining importance in serious portfolios.

Gold-Silver Ratio Explained | What Investors Should Know

The gold-to-silver ratio, currently hovering around 88, is drawing close attention from investors. Vandana Bharti, Head of Commodity Research at SMC Global Securities, believes gold may have already delivered its major returns over the past four years, while silver is emerging as the metal to watch. With rising industrial demand and surging ETF interest, the ratio could move towards 80:1 in 2026, and even further to 76:1 over time. While gold may consolidate near 1.20–1.25 lakh, silver could climb towards 1.50–1.65 lakh, setting the stage for silver to outperform gold in the coming years.

How Iran is fighting a war under sanctions: The secret Bitcoin mining keeping its economy afloat

Iran has increasingly turned to cryptocurrency to bypass international sanctions and sustain foreign purchases, analysts say, creating a financial channel outside the traditional dollar-based system. The US-Israeli war on Iran is putting renewed focus on the country’s $7.8 billion cryptocurrency market, which citizens and authorities there have increasingly turned to for storing and sending money during periods of turmoil. Iran is using...

Clean Max Enviro Energy bulk deal: Citigroup sells 8.3 lakh shares worth Rs 70 crore

Citigroup offloaded ₹70 crore worth shares in Clean Max Enviro Energy Solutions at a 20% discount to its IPO price after a weak debut on National Stock Exchange of India. The stock ended sharply lower amid muted retail participation despite institutional interest.

Metro Bank vows to open more branches as it returns to profit after cost cutting drive

Metro Bank, which has been on a major cost cutting drive, said it was still committed to retail customers and would continue to open more high street banks.

What makes the US dollar different from every other currency

America’s debt is larger than most economies combined, yet the system doesn’t break. This episode explains how reserve currency status, global demand, and financial power protect the dollar. It also asks the uncomfortable question no one wants to answer. What happens when that trust finally cracks

How new money enters the economy

From physical cash to electronic deposits, modern money is created in ways most people never see. This video simplifies the entire process and explains how money is born in today’s financial system.

ULIPs & Mutual Funds: Why you need both for a balanced portfolio

ULIPs give you protection and discipline for the long haul, while mutual funds give you liquidity and flexibility for the near term.

Gold SIPs gain traction among rural women; 44% open to investing, report finds

The survey found that 38% of women in these regions now use UPI at least once a week for everyday payments such as groceries, utility bills and mobile recharges, reflecting the rapid adoption of digital financial services across Bharat.

Number of ISA millionaires will soon surpass those who have won seven-figure jackpots on the lottery

The most recent data shows there are were 5,070 Isa millionaires, up from 4,850 in 2022, according to a Freedom of Information request from money app Plum.

SoftBank seeks up to $40 billion loan to finance OpenAI investment

SoftBank is seeking up to $40 billion in loans, mainly to back its $30 billion investment in OpenAI. The Japanese firm has sold assets, increased debt, and made other AI-related acquisitions, raising concerns about liquidity, credit quality, and exposure amid an uncertain AI market and possible bubble.

SBI Mutual Fund top 5 schemes: 5 & 10-year returns, NAV, expense ratio - Know key investment details

SBI Mutual Fund Top 5 Schemes: SBI Mutual Fund, the country’s largest asset management company (AMC), offers five funds that have delivered returns between 27% and 17% over 5-year and 10-year periods. Despite significant volatility in the stock markets, these funds have generated substantial profits for investors.

PhonePe IPO: Fintech major eyes up to $10.5 billion valuation, says report

The SEBI filing reveals that the promoter, WM Digital Commerce Holdings Pte Ltd (Walmart), is offloading the bulk of the shares. Investors selling shares, Tiger Global PIP 9-1 Ltd and Microsoft Global Finance Unlimited Company are also participating in the sale.

Mukesh Ambani leads India's richest, Gautam Adani second: Hurun Global Rich List 2026

Mukesh Ambani continues to hold the title of India's richest person and also remains Asia's wealthiest individual. His total wealth rose by about 9% over the past year to reach Rs 9.8 lakh crore.

How can senior citizens generate Rs 1 lakh monthly income safely in India?

Indian seniors aiming for a Rs 1 lakh monthly retirement income need Rs 2-2.5 crore, accounting for inflation and taxes. Experts suggest a mix of government schemes like SCSS and POMIS, FDs, and debt mutual funds for a 20-year horizon. A 7.5% return is achievable, but inflation protection requires strategic allocation.

Rupee opens 5 paise lower at Rs 91.65 against dollar, oil continues to rise on worsening US-Iran war

The rupee opened 5 paise lower on March 6, as sentiment remained fragile with West Asia conflict showing no signs of abating and crude continuing its upward march over supply concerns. The rupee opened at Rs 91.65 against the dollar after closing the previous session at 91.60. On March 5, the rupee rose risen from a record lows on likely intervention by the Reserve Bank of India (RBI) in, traders said. They remain sceptical about sustainability...

Some wealthy Asians look to move Dubai assets closer to home on Iran war fears

Iran war: Iranian missile and drone attacks on Dubai have prompted some wealthy Asians and entrepreneurs to consider shifting assets out of the Gulf, with several exploring transfers from Dubai to financial hubs such as Singapore and Hong Kong, advisers and lawyers told Reuters.

Women’s Day special: Rs 30 lakh in 10 years? Harshvardhan Roongta explains SIP, NPS vs mutual funds & smart retirement planning

Women’s Day special: This Women’s Day, Harshvardhan Roongta shares smart fund picks for SIPs, lump sums, and retirement—helping women build confidence, independence, and long-term wealth with practical, expert-backed investment strategies.

Nifty 50 may hit 15,000 by the end of 2027. Experts suggest this asset as a place to park money

Stock market crash: Experts are highly bearish on Indian stock market on India's household debt reaching 70% of GDP, and earnings per share nosediving by around 50%

Managing money amid geopolitical uncertainty | Wealth leaders share golf & investing lessons

At the BT Golf, top wealth and investment leaders discuss how investors should navigate markets during periods of global uncertainty. Shankaranarayana S, MD of Seraphim Management, Harmeet Sahni from Avendus Wealth Management, and Srinivasan Nagobarao of DhruvX Solutions share their perspectives on managing money in a world shaped by geopolitical tensions and volatile markets. The leaders also draw parallels between investing and golf — where patience, discipline and long-term thinking are often the keys to success. From navigating global risks to staying focused on strategy, the conversation highlights how both investing and golf reward calm decision-making.

Earning Rs 30 lakh a year but little wealth? Why many DINK couples fall behind

With two salaries and no childcare costs, DINK couples are often seen as having a clear financial advantage. Yet many high-earning couples find their wealth growing slower than expected. Is lifestyle inflation quietly eroding their investment potential?

This is what actually counts as a high salary, according to financial experts

Mutual fund magic: Want to start SIP at 50? Invest Rs 40000 in these 4 schemes to build a solid retirement fund

Mutual Fund Magic: 50 years old is often considered too late to start investing, but financial experts believe that investing with the right strategy and a balanced portfolio can build strong financial security even at this age. Find out how.

How to raise teens who understand money, not just spend it

Teaching teenagers financial literacy is crucial in today's consumer-driven world. Parents can foster this by having open conversations about income and expenses, implementing budgeting rather than just giving pocket money, and encouraging part-time work. Guiding them to differentiate needs from wants and trends, while modeling responsible financial behavior, equips teens for future financial success.

Powerball jackpot reset to $20 million for Wednesday night: Winning numbers revealed for March 4 drawing

Powerball's jackpot has been reset to $20 million after a March 2 win in Arkansas. Players nationwide are once again eyeing the prize, with drawings held Mondays, Wednesdays, and Saturdays. Secondary prizes are also available, offering cash awards and multimillion-dollar payouts. Winners can opt for a 30-year annuity or a lump-sum payment.

India's foreign exchange reserves drop $2.1 billion to $723.6 billion; gold holding eases

India’s forex reserves dropped by $2.119 billion to $723.608 billion during the week ended February 20, according to the latest RBI data. In the previous reporting week, the overall reserves had jumped by $8.663 billion to a new all-time high of $725.727 billion.For the week ended February 20, foreign currency assets, a major component of the reserves, decreased by $1.039 billion to $572.564 billion, the data released by the central bank...

Why $100 invested in 1988 could become $8.4 billion

A single equation born from physics reshaped global finance and helped create derivatives markets worth hundreds of trillions of dollars. From Isaac Newton’s catastrophic loss in 1720 to Jim Simons’ 66% annual returns at the Medallion Fund, mathematics transformed how risk is priced and traded. The Black–Scholes–Merton formula turned options into a calculable asset class and triggered one of the fastest adoptions of an academic theory in economic history. Today, more value trades on derivatives than on the underlying assets themselves—an innovation that both stabilizes markets in calm times and magnifies crashes under stress.

Jefferies' Chris Wood cites 2 triggers for FPI return; one may unsettle retail investors

There is a lack of evidence of any sudden sharp decline in flows into SIP schemes where the average monthly contribution was Rs 30,500 crore for the three months to January or only Rs 3,140 per account.

Planning marriage and money: How prenups are emerging as an asset protection tool

Indian finance content creator shares easy tips on how women can manage money

It`s 2026, and it’s high time women get smarter about their investments. There are a few female creators who are helping make that transition easier. Sonia Shenoy, who has been a journalist across news channels over a 17-year-long career, is now a known face on social media, breaking down finance jargon in an easy, accessible way for the ladies. I started covering business news by sheer luck. My segment used to be about where to invest and I...

Your online payments are safe behind powerful maths. But for how long?

Every time you pay online, your data is protected by a maths problem nobody has proved is unbreakable. Here is what that means, and why the world is already preparing for the worst.

From asset-heavy to outcome-led: How real estate investing is becoming goal-based

Real estate is shifting from pure space ownership to outcome-driven investing, marking a structural transformation in property investment