Indian cricketer Mohammad Shami has faced a significant legal setback as the Calcutta High Court ruled in favor of his estranged wife, Hasin Jahan, by increasing his monthly alimony payments to Rs 4 lakh. This new order mandates Shami to pay Rs 1.5 lakh per month for Hasin Jahan's personal maintenance and Rs 2.5 lakh for their minor daughter’s care and expenses. The ruling comes after Jahan appealed against

Starting July 1, 2025, several important changes in the financial sector will come into effect, impacting individual taxpayers, bank customers, and railway travelers. These changes include new regulations for Aadhaar-PAN linking, increased banking fees, and adjustments in railway ticket prices. Below are some of the key updates that individuals should be aware of: Aadhaar-PAN Linking

The middle class, once considered the backbone of society with steady jobs and dreams of homeownership, is now facing a critical dilemma: should they focus on looking rich or becoming rich? Shyam Achuthan, Founder and CEO, highlights the growing divide between those who focus on immediate appearances and those who prioritize long-term financial stability. According to Achuthan, many individuals today are trapped in a

Austin is considering a new proposal to introduce a parks maintenance fee that could be added to residents' utility bills. The proposal, introduced by Council Member Paige Ellis of District 8, aims to address the city's growing park maintenance needs as the city expands. Ellis believes this fee will help Austin manage the rising demand for new park facilities, maintain older infrastructure, and fund new land acquisitions. According to the Austin Parks

The journey to financial wisdom is filled with lessons that many only learn later in life. Managing money isn’t just about making budgets; it’s about making better choices every day. CA Nitin Kaushik has shared eight crucial money lessons that everyone should learn before turning 30. These lessons are designed to help young individuals make smarter financial decisions and secure their financial freedom early on.

As home prices continue to climb and the dream of owning a house feels increasingly distant for many Americans, a special event in Columbus aimed to help residents bridge the gap between aspiration and action. The Homebuyer Resource Fair, a collaborative effort between Fifth Third Bank, Columbus Metropolitan Housing Authority (CMHA), and COCIC-Franklin County Land Bank, offered attendees a comprehensive introduction to the homebuying process, financial literacy, and the tools needed to take c

Gold has always held a revered place in many cultures, especially in India, where it is seen not only as a valuable asset but also as a symbol of tradition, prosperity, and security. However, when it comes to building long-term wealth, is simply owning gold jewellery the best option, or is there a more strategic way to invest in this precious metal? CA Nitin Kaushik, an expert in finance and investment strategies, recently shed light on this dilemma, highlightin

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

Vacations are meant to refresh and recharge, but for many, they bring a financial hangover that lasts long after the tan fades. It’s not uncommon to feel anxious looking at your bank account or credit card bill once you return. The root of the problem? Most people budget for the vacation itself but forget to account for life after the trip. Chartered Accountant Abhishek Walia highlights that the real mistake is

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

The Securities and Exchange Board of India (Sebi) has imposed a one-year stock market trading ban on Bollywood actor Arshad Warsi, his wife Maria Goretti, and his brother for their involvement in the manipulation of Sadhna Broadcast Ltd shares, now known as Crystal Business System Ltd. The regulatory body has fined the trio ₹5 lakh each and ordered the return of ₹1.05 crore in illegal gains. According to Sebi, the group was part of a “pump and dump” scheme that artif

In a heartbreaking incident that has sent shockwaves across the country, seven members of a family from Dehradun were found dead inside a car parked in Panchkula, Haryana late Monday night. Police officials suspect a mass suicide triggered by deep financial distress. The deceased have been identified as Praveen Mittal, 42, along with his elderly parents, wife, and three young children two daughters and a son. The family had reportedly traveled from Dehradun to Panchkula to attend a

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

The rollback of the proposed 5% remittance tax to 3.5% by the United States government has brought major relief to Indian migrants who regularly send money home. On a $10,000 transfer, senders now save $150 (₹12,000), which is a significant benefit for families depending on overseas income for essential needs such as healthcare, education, and daily expenses. The move is especially helpful for workers in service and labor-intensive industries. India continues to be the top recipie

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

Determining what qualifies as a good salary in 2025 can be surprisingly complicated. With inflation, economic shifts, and evolving work environments, income levels are influenced by far more than just job titles or years of experience. Geography, cost of living, industry norms, and the rise of remote work all play major roles in defining how far a paycheck goes. Recent data shows that the real median household income in the United States was $80,610 in 2023. While this number offe

A recent report from LendingTree has revealed a concerning trend among newlyweds in 2025: the financial burden of weddings is pushing a growing number of couples into debt, with long-lasting effects on their relationships and financial stability. According to the survey, two-thirds of couples took on debt to fund their big day, and many are left with serious regrets after the festivities have ended. The report paints a stark picture of modern weddings extravagant affairs often driven by s

RPG Group Chairman Harsh Goenka, known for his witty and thought-provoking social media posts, has once again struck a chord with netizens. This time, he took to X (formerly Twitter) to share a humorous yet insightful comparison between material purchases and long-term investments particularly gold. Using real-life anecdotes involving his wife, Mr Goenka cleverly highlighted how investing in gold has proven to be far more valuable over the years than spending on depreciating assets like cars,

In a sweeping move set to impact millions of Americans, the U.S. Department of Education announced it will resume collections on approximately five million defaulted federal student loans starting May 5. This marks the first time since the pandemic-era pause that collections will be enforced, ending a five-year period of relief that shielded borrowers from wage garnishments and federal benefit offsets. The action targets borrowers who had already defaulted on their student loan

Ray Dalio, billionaire founder of Bridgewater Associates and one of the world’s most closely followed investors, has issued a stark warning that the United States could be on the verge of something far more severe than a typical recession. His concerns are rooted not in speculation, but in a detailed analysis of macroeconomic trends, fiscal policy decisions, and geopolitical tensions that he believes are combining to create an economic environment that could result in significant long-term