How much money is considered rich in America? $2.3 million may be the benchmark, but where you live changes everythingThere is no number that suddenly makes a person rich. Still, Americans have a figure in mind. A 2025 Charles Schwab survey found that peopl...
Tata Electronics triples equity investment as iPhone, chip plans expandTata Electronics significantly increased capital investments and debt financing for Apple iPhone manufacturing and semiconductor initiative...
Oberoi Hotels to open luxury resort in Saudi Arabia’s Wadi Safar in 2027Oberoi Hotels & Resorts will open The Oberoi Sukoonvilas in Wadi Safar, Saudi Arabia in 2027. The luxury resort is located around 30 minute...
Shein returns to profit in second quarter, but warns of uncertain second halfAn increase in total orders fulfilled supported a more than 20% sequential jump in Shein's second-quarter net revenue, although the Iran co...
Tata Trusts pitch Tata Sons restructuring as alternative to listingTata Trusts have proposed merging Tata Electronics Systems Solutions and Tata Consulting Engineers with Tata Sons to alter its regulatory c...
RBI completes 1 trillion rupee net debt sale for first time in a decadeIn a historic move, India's central bank has recorded net sales of bonds amounting to 1 trillion rupees this financial year. With predictio...
Jeetendra lives in a Rs 200-crore Krishna bungalow in Mumbai's Juhu featurin family portraits, a large Ganesh temple and spaces for family gatheringsJeetendra's journey from a modest upbringing in Girgaon's Shyam Sadan chawl to wealth showcases family success. The Kapoor family’s propert...
Terrible at tracking finances and budgeting? CA shares a simple money system to stop Rs 10,000-Rs 20,000 from quietly disappearing every monthCA Nitin Kaushik says you don’t need to be naturally good at managing money if you have a simple system. He recommends tracking actual take...
SRIT India IPO opens for subscription: GMP signals 12% premium; check key detailsThe SRIT India IPO is a Rs 218.40-crore book-built issue, comprising an entirely fresh issue of 1.68 crore shares. The IPO has no offer-for...
Not the government: The hidden tax draining India's middle class money
Holding companies, NBFCs rejig assets, income to escape RBI scrutinyGroups are restructuring NBFC and holding-company balance sheets to stay outside RBI’s regulatory definitions and avoid registration and co...
Mobile phone retailers to protest against UPI MDR charges on Oct 2Mobile phone retailers across India will observe October 2 as 'No UPI Day' to protest UPI charges. The All India Mobile Retailers Associati...
Purchased property below market value, filed no ITR, got income tax notice, paid the tax but asked to pay Rs 70,000 penalty; ITAT Delhi gives full reliefRs 70,000 penalty imposed on man for buying property below market value even though he paid the due tax after getting a notice; ITAT Delhi ...
PC Jeweller becomes debt-free after clearing dues of all 14 consortium banksPC Jeweller Ltd has successfully cleared its dues with 14 consortium banks, becoming completely debt-free. The company’s total debt was app...
ET Alpha Wealth Summit 2.0: Structured debt and the search for higher yieldsStructured debt is becoming a go-to option for high-net-worth individuals aiming for better returns and risk strategies. These investors ty...
Can Runwal Enterprises IPO deliver long-term growth for high-risk investors?In an effort to improve its financial health, Runwal Enterprises is set to raise ₹500 crore through a fresh issue primarily aimed at debt r...
Think a Rs 1 lakh salary means a Rs 60 lakh home loan? CA explains what banks actually checkA Rs 1 lakh monthly salary does not automatically mean you can get a Rs 60 lakh home loan, CA Nitin Kaushik explained. Banks assess factors...