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MIDDLE CLASS FINANCIAL TRAP
'You aren't successful if you need Rs 3 lakh a month just to survive': CA explains the hidden trap of lifestyle inflationUrban professionals are increasingly trapped by rising lifestyle costs, not low income, according to Chartered Accountant Nitin Kaushik. He...27 Jun, 2026, 07.29 AM IST- He made cooking safe for all Indian, gave away his business patent for free: Meet Padma awardee Prestige cooker owner TT Jagannathan who turned a near-bankrupt firm into one of most recognised cookwareLate industrialist T. T. Jagannathan, the visionary behind the Gasket Release System that revolutionized pressure cooker safety, will be ho...26 Jun, 2026, 12.41 PM IST
- Kolkata godown collapse death toll rises to nine; five arrested as rescue operation continuesA devastating under-construction godown collapse in Kolkata's Taratala area has claimed nine lives and injured 20. Rescue operations are un...25 Jun, 2026, 11.39 AM IST
- At White House, NATO'S Rutte tries to ease tensions with Trump over IranNATO chief Mark Rutte met with President Trump at the White House to ease tensions over the Iran war and U.S. troop withdrawal threats. Rut...25 Jun, 2026, 09.36 AM IST
- Fatal fall: Scientists found an Australian carnivorous plant that kills through a fatal fall, where pollinators lose their footing and plunge into sticky tentaclesAn Australian sundew, Drosera hookeri, has a peculiar reproductive strategy. Its flowers, designed to attract pollinators like hoverflies, ...24 Jun, 2026, 05.47 PM IST
- 3 dead, 21 rescued after under-construction warehouse collapses in Kolkata; 12-18 feared trappedTragedy struck Taratala, West Kolkata, as an under-construction warehouse roof caved in Wednesday afternoon. Several individuals are feared...24 Jun, 2026, 05.18 PM IST
- Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO saysKotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel...23 Jun, 2026, 04.30 PM IST
- At least 15 people killed as fire engulfs commercial building housing coaching centre in Lucknow's AliganjA devastating fire claimed at least 14 lives in a Lucknow building housing a coaching center and pet clinic. Deputy Chief Minister Brajesh ...22 Jun, 2026, 07.16 PM IST
- CBSE to issue revised Class-12 physical marksheets through regional officesStudents whose Class-12 scores were revised after verification will receive new physical marksheets at CBSE regional offices soon. They mus...22 Jun, 2026, 06.17 PM IST
- Not wealth creation or investing: Bengaluru CA shares one 'middle-class' financial lesson from her father she never forgotA Bengaluru chartered accountant shared a profound Father's Day message, revealing her father's most valuable financial lesson wasn't about...22 Jun, 2026, 02.51 PM IST
- Not a Rs 1.2 crore flat in Mumbai. He spent Rs 63 lakh building a house on family land. Was it the smarter move?Ankit Pandey ignited a debate by opting to build a Rs 1 crore house on family land over a Rs 1.2 crore Mumbai flat. He argues that owning a...22 Jun, 2026, 12.05 PM IST
- Markets on edge as US-Iran ceasefire deal leaves investors rattled by uncertainty: Seth R. FreemanDespite a US-Iran ceasefire framework, markets remain volatile due to unresolved issues like Iran's nuclear program and the Strait of Hormu...22 Jun, 2026, 10.25 AM IST
- Your parents' retirement mistake could quietly derail your financial future, warns CA. Here's whyMany working Indians face the unspoken challenge of funding elderly parents' care without jeopardizing their own financial future. With ris...22 Jun, 2026, 07.21 AM IST
- India has to invest in deep tech capabilities, build globally competitive products: Neelkanth MishraSenior economist Neelkanth Mishra urged IIT Gandhinagar graduates to foster a domestic innovation ecosystem and invest in deep tech. He emp...20 Jun, 2026, 10.40 PM IST
- Founder shares video of a taxi driver who left his Rs 25,000 per month job and now earns 1 lakhA social media post by founder Akash Gupta highlighted a cab driver earning ₹1 lakh monthly after leaving a corporate job, labeling him a "...17 Jun, 2026, 10.52 AM IST
- Stuck in acres of mediocre: External shocks expose India's slide into middle-income stagnationIndia's economy is experiencing a slowdown. High growth and low inflation mask underlying issues of weak demand and poor productivity. This...16 Jun, 2026, 11.15 PM IST
- Is Rs 1 crore really enough for retirement? CA calls it a ‘retirement trap’?A Rs 1 crore retirement corpus is a 'trap', not a milestone, warns Chartered Accountant Nitin Kaushik. With 6% inflation, its purchasing po...13 Jun, 2026, 09.32 AM IST
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