The Pakistan Cricket Board (PCB) has reportedly suffered an estimated Rs 869 crore (USD 85 million) loss after hosting the ICC Champions Trophy 2025, resulting in severe budget cuts across various sectors of Pakistani cricket. This substantial financial setback has prompted drastic cost-cutting measures, including reductions in match fees and player accommodations. The financial blow stems from heavy investments in stadium upgrades and event preparations. According to a report by The Telegrap

The Income Tax Department has issued a crucial reminder for taxpayers regarding the final instalment of advance tax for the financial year 2024-25. As per the official directive, taxpayers must clear their advance tax dues by March 15, 2025, to ensure compliance with Indian tax laws. Timely payment of advance tax not only prevents interest penalties but also contributes to the government's efforts towards economic growth, supporting the ‘Viksit Bharat Movement’ aimed at making

Millions of women worldwide face significant financial disparities compared to men, accumulating to hundreds of thousands of pounds less in lifetime earnings. This financial gap begins early in life and persists into retirement. Understanding these challenges and taking proactive steps can help close the wealth gap for future generations.   Childhood: The Starting Point of the Wealth Gap Research by Starling Bank shows that parents give boys

A loan against mutual funds is an effective financing option that allows investors to access funds without selling their investments. By pledging mutual fund units as collateral, individuals can secure a loan from banks or financial institutions. This method provides a practical solution for short-term financial needs while enabling investors to retain their portfolio and continue benefiting from market growth.   What is a Loan Against Mutual Funds?

The first-ever White House crypto summit left some investors disappointed as Bitcoin prices dipped. While the event marked a shift in U.S. policy toward digital assets, the lack of strong commitments led to uncertainty. Crypto Industry Hopes for Stronger Support The White House hosted its first-ever cryptocurrency summit, bringing together top executive

International Women's Day is an annual global event dedicated to celebrating the achievements of women across various sectors while advocating for gender equality, social justice, and women's empowerment. Observed on March 8 each year, the day brings attention to key issues that impact women worldwide, including workplace equality, legal rights, access to education, and social inclusion. In 2025, the event holds additional significance as it marks the 30th anniversary of the Beijing D

The Indian government has introduced the Income Tax Bill 2025, a major overhaul of the country’s tax laws, granting unprecedented investigative powers to tax authorities. While presented as a move to modernize tax compliance, the bill includes provisions that allow tax officers to access digital assets, emails, social media profiles, trading accounts, and cloud storage in cases of suspected tax evasion.Finance Minister Nirmala Sitharaman introduced the bill in Parliament, stating that i

A common question among newlyweds and couples planning their future is whether marriage has any effect on their credit score. The simple answer is no—getting married does not directly impact your credit score. Credit bureaus like CIBIL, Experian, and Equifax do not track or record marital status when calculating individual credit scores.However, while marriage itself doesn’t influence credit scores, the financial decisions you make as a couple can have a significant impact. When y

With rising inflation and uncertain economic conditions, traditional savings methods like bank accounts and fixed deposits may no longer be enough to grow wealth. As a result, investors are increasingly looking at stocks, gold, and real estate as viable alternatives to secure their financial future.But which investment is the best choice in 2024? Let’s analyze each option using historical data, expert insights, and current market trends.   Real Estate: Sta

The Employees’ Provident Fund Organisation (EPFO) is set to introduce a major digital upgrade by allowing employees to withdraw their provident fund (EPF) claims using the Unified Payment Interface (UPI). This move is part of the Indian government’s broader initiative to enhance digital financial transactions and streamline fund disbursements for millions of subscribers. The feature is expected to launch in the next two to three months as EPFO collaborates with the National Paymen

 This Valentine’s Day, as prospective brides and grooms prepare to unite their lives, discussing financial goals and aspirations is crucial for setting a solid foundation for a healthy marriage. Honest conversations about money help align values, reduce the chances of future conflicts, and create a framework for long-term financial success. Couples should focus on shared goals such as saving for emergency funds, planning for home buying, setting a budget for yearly expenses, and ad

A recent report by global analytics firm FICO has highlighted the increasing threat of scams in India's real-time payments (RTP) ecosystem. According to the survey, over one-third (34%) of respondents have lost money to scams, paying for goods, services, or investments that were never delivered. The report further reveals that 60% of respondents have received messages from scammers, and 54% reported that friends or family members have been scammed. Despite fewer people reporting

With the Modi government set to present its second full budget for the third term in power, the middle and lower-income groups across India are hopeful for key reforms that could alleviate their financial burdens. The anticipated reforms in Budget 2025 include tax relief measures, simplification of income tax laws, and a focus on financial literacy, insurance, and retirement savings. Key Expectations from Budget 2025 Insurance Sector Reforms:

Retirement Planning: More Than Just Accumulating Wealth Retirement isn’t just about saving money, but ensuring it lasts through the years, considering inflation, medical expenses, and market fluctuations. A 2024 survey revealed that 68% of Indians aged 45-60 feel financially unprepared for retirement. The key to a secure retirement lies in managing investments wisely. The Reality of Retirement in India A large number of retirees

The Indian rupee weakened by 10 paise to a record low of 85.12 against the US dollar on Monday, marking a significant decline in its value. The domestic currency opened at 84.85, according to Bloomberg data, and had closed at 85.02 on Friday. This continued depreciation comes amid rising global pressures, including an increase in Brent crude prices, which rose 0.41% to $73.24 per barrel. The rise in crude prices was partly driven by easing concerns about a potential US government shutdown and

Kerala Chief Minister Pinarayi Vijayan has criticized the Union Government for delaying financial assistance to Wayanad, which was severely affected by landslides in July. Nearly 400 people were killed in the disaster, and despite 100 days passing since Prime Minister Narendra Modi’s visit to the affected villages, the state has not received any financial aid for rehabilitation. The Centre has been swift in helping other disaster-hit states, but Kerala’s requests for aid have been

The Indian Rupee has depreciated to a record low of 84.61 against the US Dollar, marking a fresh setback for the currency. This comes after former US President Donald Trump's threat to impose a 100% tariff on BRICS nations if they fail to continue using the US Dollar. Trump's demand for a commitment from BRICS countries not to create a new currency or back alternatives to the dollar has put additional pressure on global markets, including the Indian Rupee. Along with this geopolitical

The Adani Group reported a record financial performance in the first half of the ongoing financial year and for the trailing twelve months, driven by its growing businesses in infrastructure, energy, and renewables. The group's net exposure to Indian banks stands at $11 billion, with equity now accounting for 63% of its total debt. This marks a reduction in the conglomerate's reliance on debt. The strong growth in the first half was fueled by Adani Enterprises' solar and

As part of its commitment to the NDA coalition's promises made prior to the elections, the central government is actively working to halt the disinvestment process of the Rashtriya Ispat Nigam Limited (RINL), commonly known as the Visakhapatnam Steel Plant. Under the leadership of Chief Minister Chandrababu Naidu, there are ongoing efforts to ensure the plant remains operational amid concerns over financial viability and raw material shortages. Recent reports indicate that the B

The ongoing property disputes between YS Jagan Mohan Reddy and his sister YS Sharmila have taken another dramatic turn. In a recent statement, Jagan claimed to have provided approximately ₹200 crore to Sharmila over the past decade, emphasizing that this was done out of "sisterly love and affection." While this assertion may initially appear to be an attempt to bolster Jagan's public image by showcasing his support for Sharmila, it has also drawn significant scrutiny