Record weekly jump of USD 44.9 bn takes forex reserves to new lifetime high of USD 785.71 bn

Mumbai: India's forex reserves jumped by a record USD 44.903 billion to a new lifetime high of USD 785.706 billion during the week ended September 4, the RBI said on Friday. In the previous reporting week, the overall reserves increased USD 11.475 billion to a new all-time high of USD 740.803 billion. The kitty had been declining since the start of the conflict in West Asia earlier this year, as the rupee came under pressure and the RBI had to...

Why financial education is more valuable than financial tips - A case for learning over advice

Financial tips can offer quick ideas, but they rarely explain the thinking behind a decision. Financial education, on the other hand, helps people understand risk, valuation, goals and long-term planning. In a world filled with endless advice, learning how money works may be more valuable than simply knowing the next investment trend.

FIIs sell Rs 931 crore on September 11, DIIs buy Rs 1,968 crore

Foreign institutional investors remained net sellers on Friday, offloading Rs 930.90 crore of Indian equities, while domestic institutional investors bought a net Rs 1,968.17 crore, according to NSE data. FIIs bought shares worth Rs 12,616.89 crore and sold Rs 13,547.79 crore. DIIs, meanwhile, bought Rs 15,109.58 crore and sold Rs 13,141.41 crore. With Friday’s flows, FIIs’ net buying for the month of September stands at Rs 579 crore, while DIIs...

Old ₹1, ₹5 and ₹10 notes: Can rare currency fetch lakhs? Check details before selling

Old Currency Notes: Do you have an old ₹1, ₹5 or ₹10 note lying in a wallet, cupboard or collection? Rare Indian currency can attract the attention of collectors, and some unusual notes may command higher prices than their original face value. However, the actual value depends on factors such as rarity, condition, year of issue, signature and serial number. Several online platforms allow collectors and sellers to connect, but claims of earning...

Spanish proverb of the day: "Money is a powerful gentleman" — How does wealth influence people?

Money can buy comfort, opportunities and influence. But it can also change how people treat one another. A famous Spanish proverb captures this power in a striking phrase: "Poderoso caballero es don Dinero". It translates as, "Money is a powerful gentleman".The proverb presents money as a powerful gentleman who can influence people, decisions and social status. What does the proverb actually mean?The proverb suggests that money has enormous...

Oracle shares spike 6% pre-market as $30 billion in AI contracts eases spending fears

Oracle's booking of over $30 billion in new AI cloud contracts was a major factor in the pre-market rally.

Your money: NPS now offers more flexibility to manage your nest egg

The NPS multiple scheme framework and Default Contribution Allocation (DCA) allow non-government subscribers to automate multi-fund diversification across retirement contributions.

India's foreign exchange reserves cross the historic $785 billion mark

Mumbai: Registering a mammoth leap, India’s foreign exchange (forex) reserves have reached an unprecedented all-time high. According to the latest data released by the Reserve Bank of India (RBI) on Friday, the country’s forex reserves crossed the $785 billion mark for the first time in history, ending the week of September 4, 2026, at a record $785.71 billion. This latest milestone was propelled by an extraordinary weekly jump of $44.90...

Raymond Realty to raise ₹409 crore through preferential issue of convertible warrants

Thane-based real estate developer Raymond Realty Ltd on Friday (September 11) said it has approved raising up to ₹409 crore through a preferential issue of 66,57,373 convertible warrants to J K Investors (Bombay) Ltd, an entity belonging to the company's promoter group.The warrants will be issued for cash at ₹614 per warrant, including a premium of ₹604 per warrant. Each warrant will entitle the allottee to subscribe to one fully paid-up equity...

Hanuman Ansh box office collection day 36: Dr Vishal Chaturvedi's film grows 5.0%; earns Rs 10.50 cr; crosses Rs 170 cr net in India

Hanuman Ansh continues its strong theatrical run, earning Rs 10.50 crore on its thirty-sixth day. The biographical devotional drama has now amassed a total India net collection of Rs 173.63 crore. This impressive performance shows a five percent growth compared to the previous day's earnings. The film's occupancy rates remained steady, with night shows performing exceptionally well.

Bernstein names Paytm stock as its top pick, lists 3 strong growth drivers for fintech giant

Bernstein has named Paytm its top pick, citing strong merchant lending growth, operating leverage and potential UPI MDR as key earnings drivers. The brokerage has set a Rs 2,200 target, implying further upside, while flagging key downside risks.

Rs 10 lakh FD at 7% interest: How much will senior citizens get after 1, 3, 5 and 10 years? Check inside

Banks also offer senior citizens a higher interest rate than regular customers. The extra rate may look small, but on a bigger deposit it can make a noticeable difference to the final amount. Senior citizens can also choose how they want to receive the interest — every month, every quarter, or at the time of maturity.

Fed rate-hike bets rise to 85% after hot August inflation data

Recent inflation figures have exceeded expectations, leading many to anticipate a rate hike from the Federal Reserve. Core consumer prices increased more than what economists forecasted last month, and alongside rising oil prices, this trend indicates that inflation is on an upward trajectory. Traders are now estimating an 85% likelihood of a quarter-point increase in the upcoming meeting, with further rate hikes expected in December.

RBI approves ICICI Prudential AMC to acquire up to 9.95% stake in CSB Bank

India, Sept. 9 -- CSB Bank is back on the radar after regulators opened the door for a large asset manager to build a much bigger position in the lender. It's a routine exchange filing on paper, but the fine print banking-law and forex conditions attached means the full story isn't settled yet. The approval also happens to follow a quarter where profit growth beat expectations, which raises a fair question: what does a bigger institutional...

US stocks jump after oil prices ease and inflation update comes in near expectations

NEW YORK: U.S. stocks are rebounding Friday and clawing back much of their losses for the week after oil prices eased off their recent spurt. An update on inflation across the United States that came in close to economists' expectations, even if prices are still rising too quickly for everyone's liking, also helped calm the market. The S&P 500 clim...

Art, money and the joy of collecting

Art has always been about noticing small details, admiring the craft and engaging with a beautiful form of expression. Yet there is another dimension to art: money.Get breaking news anytime, anywhere. Download the TOI app now!Designer and art curator Srila Chatterjee believes art and business need not be at odds. At a Bengaluru session titled ‘Why ...

Money stress or overspending? Financial therapy could help you understand why

You know you shouldn't put another expensive purchase on your credit card, but you do it anyway. Or perhaps you have enough money but still feel anxious whenever you spend. You may avoid checking your bank account altogether, or repeatedly argue with your partner about the same financial issues. In situations like these, knowing what you should do with money may not be the problem. The harder question is why you keep doing something different....

5 investment rules everybody must know: You don’t need to be Warren Buffett to understand these simple money basics

Simple financial rules help manage expenses and investments for Indian households. You don’t need to be Warren Buffett to understand these simple money basics.

Exclusive | Blackstone eyes up to 20% stake in IIFL Finance, sources say

Blackstone is looking to acquire up to a 20% stake in IIFL Finance, potentially marking a significant change in the ownership of the non-bank lender, sources told CNBC-TV18 on September 07.Sources said Blackstone may acquire Fairfax’s entire stake in IIFL Finance. Fairfax currently owns around 13% of the company, although around 2% of that holding was picked up by a global foreign institutional investor during the current quarter.Blackstone may...

Shimmery jacket, Lak Tunu Tunu, and plenty of swag: Ravi Kishan's Money Follows My Brother is as quirky as the meme

T-Series has turned Ravi Kishan’s viral catchphrase into a song

Gold, silver prices today, September 12: Check latest rates in Delhi, Mumbai, Bengaluru & other cities

On September 12, Indian buyers are monitoring volatile gold and silver prices amid global market shifts. Rates vary across cities due to local taxes and other costs. Gold purity is a key price factor, with 22K preferred for jewellery and 24K for investment.

JPMorgan’s Anu Aiyengar talks about where she would put her money in 5 years

J.P.Morgan’s Anu Aiyengar Talks About Where She Would Put Her Money In 5 Years

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.

Global market: China state insurers, banks to raise up to $54 billion to bolster capital

China’s Ministry of Finance will inject up to $10.4 billion into five state-owned insurers as part of a broader plan to strengthen financial stability. The recapitalisation comes as tighter solvency rules and falling bond yields pressure insurers, while Beijing encourages greater equity investments. Analysts expect a measured, rather than aggressive, increase.

10 of the world's strongest currencies in 2026

It’s amusing when you think about how currency can color a travel experience before you even step off the plane or order your first coffee. Sometimes you glance at the exchange rate and feel like you’re about to splurge just by crossing a border. Other times, the numbers make the destination seem like a bargain.In 2026, the same club of currencies dominates the “strongest” list: the heavy-hitting Gulf currencies, plus the British pound, Swiss franc, euro, and US dollar.But here’s where people sometimes trip up: when we talk about a “strong currency,” we aren’t saying the economy is the largest or that a trip will be cheap (or expensive) for you. This strength simply means the official exchange rate is high, as one unit of currency trades for a lot of US dollars. That doesn’t reveal a thing about how much you’ll pay for hotels or what lunch will cost. Those on-the-ground prices depend on a messier set of factors: wages, taxes, cost of living, and local pricing, none of which you’ll see on a currency chart.However, if you’re thinking about a trip, it’s smarter to ask: how far does your own money go once you land? Just because a Kuwaiti dinar equals more than $3 doesn’t mean Kuwait itself is lavish or cheap. The reality hits when you check hotel listings or restaurant menus. And if you’re, say, traveling from India, it’s not just “which currency is strongest?” — it’s “what does ₹1,000 get me in real life?”Exchange rates for these strong currencies don’t all float up and down daily; several are fixed (or pegged) to the US dollar and barely budge. Still, values can shift. The figures below reflect early September 2026, not forever rankings.Here, we take a closer look at the power players:

Crude shock puts RBI on watch: Governor Sanjay Malhotra says MPC will reassess growth, inflation next month

Reserve Bank of India's Governor Sanjay Malhotra said on Friday that the Monetary Policy Committee (MPC) will reassess growth and inflation dynamics at its meeting next month.

$44.9 billion weekly surge: India’s forex kitty scales new heights of $785.7 billion

India's foreign reserves soared by a significant USD 44.903 billion in the week ended September 4, hitting a new lifetime high of USD 785.706 billion, according to data released by the Reserve Bank on Friday, September 11. With this, the nation's forex kitty continued its upward momentum for this tenth straight week, jumping by almost $120 billion during this period, as per Reuters. In the previous reporting week, the overall reserves increased...

Serious about your partner? These money habits are worth paying attention to

When a relationship becomes serious, conversations usually turn to where you might live, whether you want children and what you want your future to look like. Money deserves a place in those conversations too. You don't need to ask for bank statements on the third date. But before marriage or combining finances, it helps to understand how your partner earns, spends, saves and deals with debt. The warning signs are not always about how much money...

Which small savings schemes offer tax benefits with no investment limit? Check the complete comparison

NSC and 5-year Post Office Time Deposit offer Section 80C tax benefits without an investment ceiling. Know their tenure, tax rules and how they compare with PPF, SSY and KVP. Having a clear understanding of investment limits and basic tax-related concepts can help in meaningful investment planning.

Indian woman explains why a higher pay package doesn't always mean savings in Dubai

The video prompted several reactions from users, with many agreeing that expenses should be considered before relocating.

PPF: Here's how much investment of ₹2,000 per month earns you — even 5 years’ delay can impact your total corpus

Today, we calculate the minimum amount you would need to invest in your / your child's PPF per month in order to successfully become a “crorepati” over the long run. Below is how the calculation works out for every 5-year delay:

Dell, HPE stocks lead S&P 500 gains: Oracle’s $95B capex plan lifts AI stocks

Dell stock hit a record high above $567, while HPE shares hit multi-month highs.

₹11,000 salary, owner of 5 houses: Contractual worker at centre of PNB chest's ₹17-cr fake notes recovery

The worker, employed as a driver-loader at the currency chest, may be the effective owner of five houses, an SUV, a sedan and two motorcycles.

Inflation stats to ease Wall Street? Three reasons why US stock futures are rallying after four-day slump

The US stock market is expected to gain today as Nasdaq climbed 0.56% to 29, 297.5, Dow Jones futures advanced 0.54% to 52, 374 S&P 500 rose 0.49% to 7,636.

Rs 3 lakh salary, still not financially free? Man explains the hidden trap (watch)

A high household income, such as Rs 3 lakh monthly, does not always guarantee financial freedom. As earnings grow, lifestyle expenses and long-term commitments like housing, school, and car payments also increase. When these decisions are based on two stable incomes, it creates financial pressure and reduces flexibility.

‘Where does all my money go?’ Rs 3 lakh-earning man explains why he still feels broke (watch viral video)

Dr. Sunny Garg, co-founder of brihas.ai, explains why a household earning Rs 3 lakh monthly can still feel financially tight. He points out that with dual incomes, financial obligations like home EMIs, school fees, and car payments tend to grow, leading to lifestyle inflation.

₹20,000 extra every month: Why paying off your personal loan first may win over an SIP

With a ₹20,000 monthly raise, borrowers must choose between repaying a personal loan or investing in mutual funds. Clearing a high-interest loan first can save more in interest and result in a larger investment corpus compared to investing the entire amount monthly.

Katie Piper: Here are 5 things every woman should know about money

MSTR stock slips after strategy leaves Bitcoin stash untouched, doubles buyback program to $2B

The company repurchased around 1.8 million STRC shares for $176.3 million during the week, without buying back its other preferred securities or common stock.

Federal Bank to consider $500 million medium-term note programme on September 17

Kerala-based lender Federal Bank Ltd on Friday (September 11) said its board will meet on September 17, 2026, to consider and approve a proposal to establish a medium-term note programme for raising funds of up to the equivalent of $500 million through foreign currency-denominated debt securities and other permissible instruments.The proposed programme will allow the bank to raise funds through one or more branches, including its head office and...

UPI MDR may be set at 40 bps; banks could get largest share: Report

The government may soon notify a framework for levying a merchant discount rate (MDR) on select Unified Payments Interface (UPI) transactions, with the fee potentially set at around 40 basis points (bps), or 0.4% of the transaction value. According to an Economic Times report, issuing banks could receive 40% of the MDR, while the remaining fee could be divided equally between third-party application providers (TPAPs), such as PhonePe and Paytm,...

Solar panel subsidy: When will the money reach your bank account and how can you track the status?

Installing rooftop solar panels can help households reduce their dependence on grid electricity and lower their monthly power bills. The central government is also encouraging residential consumers to adopt rooftop solar through the PM Surya Ghar: Muft Bijli Yojana, under which eligible households can receive a subsidy for installing an approved rooftop solar system. However, getting the panels installed is only one part of the process. Many...

'Even 50 doughnuts can't satisfy you permanently,' says RSS chief on materialistic craving

"We have all material happiness, but this cannot satisfy us permanently. If I like hot, delicious doughnuts in New York, I will eat doughnuts. How many doughnuts can I eat at a time? I don't know, but anyway, a man may eat at one sitting a maximum of 50. After that, he will not require; he will not be able to even see that doughnut. He will say, "No, no, no, keep that away," he said. "The doughnut is the same. What changed? And then, even after eating 50 doughnuts, tomorrow morning I am ready to eat 50 more. So, material happiness is transitory; it cannot satisfy. And if an abundance of material happiness is there, it may fail also. Therefore, there is no satisfaction -- that they learned by experience," Bhagwat added.

US stocks today: US stocks end higher as strong inflation data cements rate-hike bets

US stocks ended higher on Friday as accelerating consumer prices strengthened expectations of a Federal Reserve rate hike next week. The Dow, S&P 500 and Nasdaq all gained, while Dell surged to a record high. Oil prices fell but remained sharply higher for the week amid concerns over Middle East supply disruptions.

NSE IPO: How share supply may affect prices post listing

The Mega NSE IPO is finally here. Not necessarily unique, but NSE is set to enter public market territory with no classified promoter and a full free float of its equity shares. However, it will be the demand-supply dynamics post the NSE listing, that will determine how the stock price moves.According to a video analysis shared with CNBC-TV18 by Aishvarya Dadheech, the founder and CIO at Fident Asset Management, on Friday, September 11, assuming...

Not your money or muscle: Women find these three traits attractive in men as per globally acclaimed dating coach

Women are undeniably attracted to men who exhibit quiet confidence and a great sense of humor. Beyond material possessions or looks, it’s the ambition fueled by meaningful passions and well-defined goals that truly captivates them. A man who recognizes his value and follows a clear path in life is incredibly appealing, as these qualities foster a joyful and fulfilling partnership.

Every $1 invested can return $15: The economic case for cleaner air in India

Cleaning up the air could deliver an economic windfall, with every dollar invested in tackling air pollution and climate change potentially generating US$15 in economic benefits, a new United Nations assessment has found. The report, Hidden assets: The economic and health case for climate and clean air action, released on September 7, finds that 25 measures addressing both crises could deliver substantial returns, even before accounting for...

3 forces behind central banks’ gold buying spree that few investors are watching

More than the price rise itself, at least three major developments are guiding central banks' gold purchases.

Newly-listed stock Shankesh Jewellers surges 18% to hit a record high - what is fuelling the rally?

Shankesh Jewellers share price surged as much as 18% to hit its record high of ₹116 in morning trade on the BSE on Friday, 11 September, even as equity benchmark Sensex crashed 1%.

US inflation holds at 3.4% as monthly price rises hit fastest pace since May

US consumer prices rose 3.4% in the year to August, unchanged from July and exactly in line with expectations, but the monthly increase of 0.4% was the sharpest since May, a sign the energy shock is starting to bite four days before a Federal Reserve decision markets expect will deliver a rate hike. View on euronews