Increasingly, middle-class Indian couples are opting to invest in property in Dubai rather than India to build their retirement wealth. A notable trend among Indian buyers in the UAE reveals that many couples, after years of hard work and savings, have managed to purchase two to three properties. These properties offer attractive rental yields of 6-7%, and are financed at an interest rate of just 5%. This financial model provides sustainable assets that genera

Novo Nordisk has launched its groundbreaking weight-loss drug, Wegovy, in India. This semaglutide-based injection promises to help individuals tackle obesity and related heart risks, offering a solution to India's growing health concerns. Available as a once-weekly injection, Wegovy works by mimicking the body's natural GLP-1 hormone, which regulates hunger, reduces cravings, and helps control blood sugar. Clinical trials have shown that Wegovy can res

Retiring at 40 has become an exciting goal for many young professionals seeking freedom from traditional work life. While the idea of stopping work just when others are reaching their career peaks sounds appealing, achieving this early retirement requires disciplined saving, careful investing, and thorough planning. Experts say that to comfortably retire by 40, you must save between 35 to 79 times your annual expenses depending on your current age and lifestyl

A surprising LinkedIn post by Gurugram-based investment banker Sarthak Ahuja has triggered widespread discussion across social media platforms, calling into question what it means to be “middle class” in urban India today. According to Ahuja, a ₹70 lakh annual salary a figure many would consider upper-middle class or even affluent may now fall squarely within what he terms the "new middle class." His argument is based on a simple truth:

A man from Fremont, California has defied the odds by surviving more than nine days alone in the harsh and remote Himalayan terrain after suffering multiple injuries during a solo hike. Samuel Vengrinovich, who holds dual citizenship with the United States and Israel, had been reported missing after failing to return from a trek in the mountains of northern India. His story of endurance and survival has not only stunned his family and friends but has also inspired many people who have since s

In a move reflecting the Reserve Bank of India’s latest policy stance, the State Bank of India (SBI) has reduced interest rates on both savings accounts and fixed deposits (FDs), effective from June 15, 2025. This rate revision is expected to impact millions of depositors across the country, as banks realign with softer monetary cues from the central bank. SBI has cut its savings account interest rate by 5 basi

Meta Platforms has announced Arun Srinivas as its new India Head, a move expected to strengthen the company’s position in one of its fastest-growing markets. The decision comes amid the surge in digital advertising in India and Meta’s expanding user base across its platforms like Facebook, Instagram, and WhatsApp. With a strong background in FMCG, tech, and private equity, Srinivas brings a blend of strategic vision and operational expertise to the

India has officially stepped into the world of franchise rugby with the launch of its first-ever Rugby Premier League (RPL), a new Rugby Sevens format tournament featuring international and domestic stars. The inaugural season began at the Andheri Sports Complex in Mumbai and will continue through June 29. This professional competition comes at a time when Indian sports fans are saturated with constant cricket action and are eager for a fresh alternative.

A Fremont-based Farmers Insurance franchise owner has raised serious allegations claiming the company has been canceling insurance policies by falsely stating the cancellations were requested by the insured clients. Jeffrey Carvalho, a 37-year veteran in the insurance industry, says this troubling practice has affected hundreds of his clients, especially senior citizens aged 65 and older across the Bay Area. Carvalho is demanding transparency and an end to these questionable cancellations.

In a significant diplomatic development, Pakistan’s attempt to interfere with an Indian parliamentary delegation’s visit to Malaysia has been firmly rejected by Kuala Lumpur. Citing “Islamic solidarity,” the Pakistani embassy had urged Malaysian authorities to cancel engagements planned by the Indian delegation. However, Malaysian officials ignored Islamabad’s appeal, and the Indian delegation’s full itinerary proceeded as s

India has urged the United States to ensure that student visa applications from Indian nationals are processed on merit and without unnecessary delays. This appeal follows growing unease among Indian students over recent changes to US visa regulations, which many fear could disrupt their academic plans just as they prepare for the upcoming academic semester. A spokesperson for the Ministry of External Affairs acknowledged the United States’ sovereign right to grant or deny v

India’s foreign secretary Vikram Misri concluded a three-day visit to the United States on Thursday, where he led discussions on a broad range of strategic issues including trade, defence, and critical technologies. The visit marked a continued deepening of bilateral ties, with both nations reaffirming their shared commitment to shaping a forward-looking partnership suited for the evolving global landscape. During his visit, the foreign secretary engaged in high-level meetin

India has confirmed that over a thousand of its nationals have been deported or have voluntarily returned from the United States since January 2025, amid intensified immigration enforcement. The Ministry of External Affairs revealed this during a recent press briefing, highlighting cooperation between the two countries on migration-related issues. According to the ministry spokesperson, around 62% of these individuals returned on commercial flights. The rest were likely deported t

Kerala has reached an unprecedented economic landmark as annual remittances from Non-Resident Indians (NRIs), particularly those from Kerala, have surpassed ₹2 lakh crore for the first time. Alongside this, total deposits from NRIs in the state’s banking sector have crossed ₹3 lakh crore, signaling a robust and growing contribution of overseas Malayalis to the state’s financial ecosystem. This financial influx has significantly boosted Kerala’s domestic econo

If you retired from Central Government service on or before March 31, 2025, or are the legally wedded spouse of such a retiree, you may be eligible for significant financial benefits under the recently launched Unified Pension Scheme (UPS). The deadline to claim these benefits is June 30, 2025, as announced by the National Pension System (NPS) Trust. Launched on April 1, 2025, the UPS is designed to supplement the pension income of retired Central Government employees and their spou

For decades, owning a house was seen as a proud achievement in Indian households symbolic of success, stability, and adulthood. Parents often pushed their children to buy homes early, even if it meant burdening themselves with heavy EMIs. But in 2025, the mindset of India’s younger generation is shifting. With rising property prices, changing work patterns, and a desire for lifestyle freedom, more and more young Indians are opting to rent rather than buy. The traditional belie

In a series of statements that have stirred global business conversations, U.S. President Donald Trump has issued a stark warning to Apple, insisting that the tech giant must manufacture iPhones within the United States if it intends to sell them in the American market. Speaking from the Oval Office while signing multiple executive orders aimed at strengthening the U.S. nuclear power sector, Trump said it is acceptable for Apple to go to India to build plants, but under no circumstances

Federal authorities have arrested Kenneth Mattson, a 63-year-old real estate investor from Sonoma and former owner of a specialty car consignment shop in downtown Pleasanton, on charges related to a $28 million Ponzi scheme that allegedly spanned over a decade. The U.S. Department of Justice (DOJ) revealed that Mattson is facing a nine-count indictment for wire fraud, money laundering, and obstruction of justice, unsealed this Thursday. Mattson, known locally for operating the now-d

The Middle East is rapidly positioning itself as a significant force in global technology, with countries like Saudi Arabia, the United Arab Emirates, and Qatar taking bold steps to attract international tech investors and build local capacity. These nations are not only signing multibillion-dollar deals but also enacting legal reforms, fostering startup ecosystems, and constructing the infrastructure needed to support advanced artificial intelligence systems and cloud-based technologies. Thi

In yet another shocking case of financial fraud in the UAE, Gulf First Commercial Brokers, a Dubai-based brokerage firm, has reportedly shut down overnight, leaving behind empty offices and millions of dirhams in vanished investor funds. Many of the victims, including Indian expats, are now demanding answers after being lured into the scheme through aggressive cold-calling and promises of secure returns on forex investments. The firm operated from two office spaces in Capital Golden