A new report from Policybazaar highlights a significant rise in term insurance purchases by non-resident Indians (NRIs), with overall demand doubling over the past two years and younger buyers playing an increasingly central role in the trend. According to the findings, individuals between the ages of 25 and 35 now account for 54% of total demand, up from 44% in 2024. This shift underscor

Salaried employees often claim House Rent Allowance (HRA) for rent paid to family members, such as parents or spouses, under the current tax regime. However, under the proposed draft Income-tax Rules, 2026, such arrangements may soon undergo closer scrutiny, especially if the rent exceeds Rs 1 lakh in a financial year. The new rules, if implemented, would require taxpayers to disclose their relationship with the landlord along with other details like the landlord’s name, address, and PAN nu

Congress adjourned for the year without renewing enhanced Affordable Care Act subsidies, a decision expected to significantly affect health coverage across Ohio beginning in 2026. State health policy analysts warn that as many as 140,000 Ohio residents could lose insurance coverage as premiums rise sharply following the expiration of the enhanced premium tax credits at the end of 2025. The Affordable Care Act has provided premium tax credits since 2014 to help eligible individuals a

The Trump family’s wealth has fallen by more than $1 billion following sharp losses in a range of cryptocurrency, memecoin, and other speculative digital asset investments. According to the Bloomberg Billionaires Index, the family’s net worth declined from roughly $7.7 billion in early September to around $6.7 billion, reflecting the impact of severe volatility in the broader crypto market as well as significant depreciation in Trump-linked tokens. The downturn marks one of the most subst

India is preparing for one of its busiest wedding seasons, with nearly 46 lakh weddings expected in 2025 and spending projected at around Rs 6.5 lakh crore. As celebrations grow grander, Indian weddings often resemble Bollywood productions with choreographed sangeets, elaborate décor and multi-day festivities. But with budgets crossing Rs 30–35 lakh for most weddings, and luxury ceremonies easily exceeding Rs 1 crore, families are pouring unprecedented amounts into these events. With such

India’s rapid digital lending growth has made borrowing simple but also riskier. Fraudsters now target people looking for quick loans, luring them with instant approvals, zero paperwork, and guaranteed deals. These traps are becoming more sophisticated, often disguised as real banking offers. Recognizing red flags before sharing your personal or banking details can protect you from financial loss and mental stress. Unrealistic loan promises are among the biggest traps. Scammers of

The Department of Pension and Pensioners’ Welfare (DoPPW) has issued a new clarification under the Central Civil Services (Pension) Rules, 2021, defining how pension and family pension are calculated. According to the update, an employee’s pension will now be determined based on the rules in force on their final working day whether it’s the date of retirement, resignation, discharge, or death. This move eliminates ambiguity, ensuring a fair and uniform pension process for all government

Google has announced plans to establish its largest artificial intelligence (AI) hub outside the United States in Andhra Pradesh, marking one of the most ambitious technology investments in India to date. The project, valued at USD 15 billion, is set to unfold between 2026 and 2030, transforming the southern state into a major centre for AI research, innovation, and digital infrastructure. The initiative represents a significant step in Google’s long-term strategy to expand its global AI ca

Bitcoin has once again shattered its previous records, rising to a new all-time high of $125,689 during Asian trading hours on October 5, 2025. This marks a significant milestone for the world’s largest cryptocurrency, surpassing its earlier peak of $124,514 set in August. At the time of writing, Bitcoin was trading at $123,791.15, up by more than 10 percent over the past week, reaffirming its position as the dominant force in the digital asset space. The latest rally has reig

The festival season has started with gold shining at record highs, igniting the debate on where investors should park their money right now. On the first day of Navratri 2025, spot gold surged 1.1% to $3,723.81 per ounce, briefly hitting $3,726.19 — its highest level yet. US gold futures for December delivery also climbed 1.4% to $3,758.40, strengthening gold’s dominance as a safe-haven asset. With price

The Trump family has entered cryptocurrency in a major way with the launch of World Liberty Financial and its digital token, $WLFI. The debut of this venture has quickly become one of the most high-profile events in the crypto world of 2025 and is estimated to have elevated the family’s holdings to nearly $6 billion. While the launch created massive buzz across global markets, it also sparked renewed debate about potential conflicts of interest between President Donald Trump’s rol

Personal loans for holidays are becoming a growing trend in India, especially among younger travellers and residents of smaller cities. According to the Paisabazaar report ‘How India Travels Using Holiday Loans (Vol. 2.0)’, 27% of personal loan borrowers in the first half of 2025 used the money for travel, a jump from 21% in 2023. This rise has pushed holiday loans ahead of home renovation loans, which have dropped from 31% in 2023 to 24% in 2025.

A Frisco resident is celebrating a $2 million Powerball win from the July 9, 2025, drawing. The lucky winner, who has chosen to remain anonymous, purchased the second-tier winning ticket at Walmart Supercenter #5866, located at 8555 Preston Road in Frisco. The winning ticket matched all five white ball numbers (5-9-25-28-69), but did not match the red Powerball number (5). However, the prize was multiplied to $2 milli

The Sukanya Samriddhi Yojana (SSY), launched under the Beti Bachao, Beti Padhao initiative in January 2015, is one of India's most popular government-backed savings schemes for daughters. The scheme is designed to provide parents with an excellent way to save for their daughter's higher education and marriage, ensuring a secure financial future. By making regular contributions, parents can accumulate a significant amount by th

Many errors occur when taxpayers fail to complete all parts of the Excel utility properly. According to Mihir Tanna, Associate Director at S.K Patodia LLP, a common mistake is forgetting to fill in the last row of the Capital Gains schedule row F. It’s essential to enter the quarter-wise details and click the ‘Validate’ button at the top of the sheet. Without this step, your tax details, including capital gains and taxes, may not show up cor

If you’re wondering whether filing your Income Tax Return (ITR) early will help you get your tax refund faster, the answer is generally yes as long as your return is correct, complete, and verified on time. Filing early ensures that your return is processed smoothly, especially during the less congested period before the September 15, 2025 deadline. Why Early Filing Increases Your Chances of a Quicker R

Fremont, California, long celebrated as one of the happiest cities in America, now finds itself topping a far less cheerful list. The city has been identified as having the most significant increase in credit card delinquency among the 100 largest cities in the United States. According to recent data compiled from the first quarter of 2024 to the first quarter of 2025, the rate of credit card delinquencies in Fremont has risen nearly 29%, putting it at the top of the national rankings for ris

In recent years, more and more individuals in India are choosing to remain child-free or find themselves without direct heirs, raising important questions about retirement planning. For those without children to lean on, preparing for the later years of life becomes about more than just saving money it’s about securing independence, comfort, and care. Financial experts, including Ajay Kumar Yadav, Group CEO and

California is taking a significant step toward establishing the country’s first official insurance standard for smoke damage, aiming to address a persistent and often overlooked issue affecting wildfire survivors. Every year, wildfires leave behind more than scorched land—they also blanket homes in soot and smoke that can carry toxic substances, even when structures remain standing. Currently, there are no statewide or national guidelines requiring insurers to cover the cost of testi