MBA graduate was struggling after leaving his job when he discovered paan shop owner had bought car & built Rs 1 crore fortune; Internet debates education-wealth gapAn MBA graduate reevaluated traditional career paths after noticing the impressive wealth of a local paan shop owner. This revelation ignit...
13 Aug, 2026, 09.51 PM IST
Quote of the day by Robert Kirby: "Cash really hurts if you hold it very long in an equity market that is compounding at close to 20% per annum"Robert Kirby’s observation highlights the opportunity cost of holding excessive cash when equities compound strongly. While cash provides s...
13 Aug, 2026, 04.56 PM IST
Wealthtech firm Centricity raises Rs 280 crore funding led by SMBCThe round comprised Rs 230 crore in equity and Rs 50 crore in venture debt, founder and chief executive Manu Awasthy told ET. The funds wer...
13 Aug, 2026, 09.00 AM IST
Goldman Sachs ups ETF push, set to acquire Neos Investments for up to $2.25 billionGoldman Sachs is set to acquire Neos Investments for nearly $2.25 billion. Neos manages approximately $30 billion across nineteen exchange-...
13 Aug, 2026, 01.16 AM IST
Never cognitive surrender: Wealth management wins when AI ‘second opinion’ sharpens human judgement, not replace itAI is a tool to enhance human investment judgment, not replace it. Investors increasingly use AI to test existing ideas rather than generat...
12 Aug, 2026, 11.30 PM IST
Calico Ghost Town: How a thriving silver town in the Mojave Desert collapsed in just 12 yearsCalico, a once-thriving town in California, saw its fortunes rise with a silver rush that began in 1881. Unfortunately, the gold rush faded...
12 Aug, 2026, 01.22 PM IST
Global Market: Norway sovereign fund reveals stake in Musk’s SpaceXNorway’s $2.3 trillion sovereign wealth fund held a 0.05% stake in SpaceX worth $1.22 billion as of June 30, marking its first public discl...
12 Aug, 2026, 10.07 AM IST
NFO Insight: WhiteOak Capital Dividend Yield Fund opens for subscription. Can REITs and InvITs boost diversification and income?The WhiteOak Capital Dividend Yield Fund is currently available for subscription, presenting an opportunity for investors aiming for both c...
11 Aug, 2026, 08.32 PM IST
German proverb of the day: ‘There is no one luckier than he who thinks himself so’ - A timeless life lesson on how optimism leads to positive resultsProverb of the day: Genuine prosperity arises from appreciating what you have rather than chasing after possessions. A wise German proverb ...
11 Aug, 2026, 04.15 PM IST
ETMarkets Smart Talk | Direct stocks are not the answer for global investing; fund of funds makes more sense: Rahul JainAccording to Rahul Jain, President & Head – Wealth Management at Nuvama, direct stock-picking is not the answer for most investors looking ...
11 Aug, 2026, 10.31 AM IST
The rise and fall of 'Bodie': How California’s gold rush boomtown turned into an eerie ghost townBodie, once a thriving gold-mining town in California, emerged as a vibrant hub following the gold rush. This remote location drew thousand...
10 Aug, 2026, 01.46 PM IST
From gold and LIC policy to SIPs and crypto: How investment habits changed from Boomers to Millennials to Gen ZModern Indians are redefining investment strategies; rather than saving first, the youth now prioritize their financial goals before choosi...
10 Aug, 2026, 10.51 AM IST
PNB to roll out its wealth management product by Dec aimed at boosting non-interest incomePunjab National Bank plans to launch wealth management services by December. The bank is also aggressively scaling its credit card business...
09 Aug, 2026, 02.42 PM IST
Maruti Suzuki Chairman RC Bhargava urges faster reforms for easier business, predicts car industry growthMaruti Suzuki Chairman RC Bhargava urged faster reforms for easier business operations. He anticipates significant car industry growth to 6...
09 Aug, 2026, 12.34 PM IST
23-year-old buys Rs 5 crore term insurance at ‘zero cost’: Financial advisor reveals the Marwari wealth trick behind thisFinancial advisor Prem Soni shared how a 23-year-old used Rs 3 lakh invested in an index fund and an SWP to fund Rs 30,000 annual premiums ...
07 Aug, 2026, 10.09 AM IST
Fisdom founders to exit Groww after completing wealth business integrationGroww described the departures as part of a planned management transition, and said it does not plan to appoint external replacements. Its ...
06 Aug, 2026, 08.14 PM IST
Scottish proverb of the day: 'The father buys, son builds, grandchild sells, and his son begs'. Life lesson on how inherited wealth can vanish without discipline and hard work from old folk sayingThe Scottish proverb “The father buys, the son builds, the grandchild sells, and his son begs” offers a powerful lesson about generational ...
02 Aug, 2026, 07.18 AM IST