HOW TO GROW MONEY IN 2023

How to save Rs 1 crore in 10 years, 15 years, 20 years: Check how much you need to invest every month

Path to becoming a crorepati? Owning Rs 1 crore is an investor's dream. Strategic investments, like SIPs in equity funds, can help reach that goal. Regular investing and a long-term view are crucial. Even a Rs 1,000 SIP can grow substantially over time, thanks to compounding. Disciplined investing is key to turning your crorepati dream into reality. Here is how to accumulate Rs 1 core from mutual fund SIPs in 10 years, 15 years, 20 years and 25 years.

Saving is not enough! 3 ways to grow your money to achieve financial goals

Most of us have grown up listening to famous proverbs about saving money such as "a penny saved is a penny earned" or "save money and money will save you." It is of utmost importance that we all save money, especially to deal with the unforeseen curveballs that life throws at us. But saving money is not enough. You need to learn how to save money and how to make your savings work for you. Only and only then you can spend your life without worrying about money. How to make your money work for you? Find out here.

ITR filing: Compare your tax outgo in old and new tax regime before finalising one for FY24

Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments. TaxSpanner estimates that Vivek Jaiswal can have a surplus of almost Rs.60,000 if his salary is rejigged to include tax-free perks and if he opts for the new tax regime. Here's how

Taking a home loan? 5 ways you can reduce cost of borrowing and save money

The longer the tenure of a loan, the higher the interest burden. Home loan rates will not come down as the RBI has kept policy rates unchanged. If you are planning to buy a house with a loan, ET Wealth suggests some ways to reduce the cost of borrowing.

Want to retire at 50? Start early, save regularly to achieve FIRE

Financial independence, retire early (FIRE) is a movement focused on extreme savings and aggressive investment that aims to allow people to retire much earlier than is possible through traditional budgets and retirement plans. Detailed planning, budgeting discipline, and smart investment are key components to achieve an early retirement.

New UPI scam: Fraudsters send you 'Rs 200.00' and ask to return Rs 20,000; how to protect yourself from UPI overpayment scam

UPI overpayment scam: You should be careful before sending or accepting any UPI collect money request especiallly from unknown numbers or IDs. This is because scamsters have now become more sophisticated and specifically targetting various tricks to make sure you stay distracted enough to not notice the scam. Read here how a individual got saved from this scam and what you can do.

Professor in top university position sacked after intimate videos appeared online, will he be able to keep his job?

Professor Joe Gow and his wife had been videotaping their intimate moments for a long time and decided to post them online. After the videos gained massive traffic online, he was served with a notice of being sacked from his chancellor job at a prestigious University. Will he still be able to make his case and fight against this decision by the authorities?

Trans-Europe express: How Indian businesses can sustain and grow in Europe

India's recent free trade agreement with the European Free Trade Association presents significant trade opportunities with the EU. However, Indian businesses must comply with new EU supply chain laws to sustain and grow in Europe. Key legislative changes include deforestation regulation, corporate sustainability and due diligence directive, and forced labor regulation.

How I finally entered a $5 trillion money-making venture

Indrajit hazra talks about how an Allahabad Bank account-holding man-child, at last, felt plugged into the Phiroze Jeejeebhoy Towers on Dalal Street,

How to grow your money: 6 investing thumb rules to become wealthier

Financial thumb rules: Here are 6 thumb rules of investing to help you become a successful and wealthy investor.

6 financial habits that will make you rich

Who does not want to be a millionaire? But the truth is becoming rich does not happen overnight. You have to consistently make the right financial decisions to grow your wealth. Here are the five habits that you can follow to become rich.

80% rule for retirement savings: How much money should you save to retire comfortably?

Planning for retirement is crucial to avoid financial problems later in life. Experts recommend setting a savings goal and following some simple guidelines for a secure retirement. To achieve this, it's important to start saving early, manage debts, and make wise investments. Assessing projected retirement income and accounting for inflation is vital to determine how much savings are required.

Planning maternity breaks? How soon-to-be moms can make good financial plan

Mother's day 2024: This year Mother's day is on May 12, 2024. If you are soon to be a mom or planning to be one in next year or so, then it is important to have a good financial plan. This is to ensure that as a woman you have financial security. Read on to know how to make a good financial plan.

How to invest your money when market is at all-time high

Arun Kumar from FundsIndia advises on handling market all-time highs by aligning with GDP growth, investing at all-time highs, and building diversified portfolios based on different styles to mitigate risks effectively. He further says that for existing portfolios, since we are not in a bubble, one does not need to go underweight on equities.

Money mule transactions: Banks may block your account for these fund transfers; here's how to secure your account

Bank account block: There are at least 5 Indian banks who are tracking money mule transactions conducted through their account holders. In this regard HDFC Bank has already taken an action and launched investigation too in the suspected cases. Know here how banks may block access to your account and funds if a money mule transaction is found.

How the world's richest Hindu temple earns and spends money

Despite a steep surge in the price of the precious yellow metal, devotees remain undeterred when it comes to extending gold as donation to Tirupati Balaji at Tirumala Tirupati Devasthanams (TTD) , the world's richest Hindu temple.

In Vietnam, farmers reduce methane emissions by changing how they grow rice

Vietnam is the world's third-largest rice exporter, and the staple importance to Vietnamese culture is palpable in the Mekong Delta.

Here's how much money Cognizant CEO Ravi Kumar S got in 2023

Cognizant CEO Ravi Kumar S's $22.5 million compensation for 2023 has sparked debate amid the company's 0.3% revenue decline to $19.4 billion. His package includes one-time awards like performance stock units and a cash sign-on bonus. The CEO pay ratio compared to employees in India is 1647:1. Previous CEO Brian Humphries received $4.2 million in 2023. CFO Jatin Dalal's target direct compensation was $5.2 million. The disparity in compensation, coupled with financial performance, has raised stakeholder concerns.

Mutual fund industry assets grow 35% in FY24

AMFI announced a 35% growth in mutual fund assets in FY24, driven by individual investors in various schemes. Debt funds closed at ₹12.62 lakh crore, while liquid funds gained ₹40,000 crore.

How much to invest monthly to create a corpus of Rs 2 crore in 10 years

Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.

IPL 2024 in Iraq: Live updates, scores, highlights of Indian Premier League matches

It is interesting to note that the auction for IPL 2024 was held in Dubai, for the first time since its beginning in 2008. The respective team owners chose a total of 72 players. Australian pacer Mitchell Starc became the most expensive player of this year's tournament as Kolkata Knight Riders bought him for a whopping amount of INR 24,75,00,000. Know in detail.

Money training for young adults: How can parents teach their young children about the value of money?

Parents may intuitively seek approval and appreciation from their children. They may enjoy the power that comes from spending on children, or may be afraid of being looked down upon if they do not, or both. They are then easily manipulated by children who know which buttons to press to make them feel inadequate, guilty, powerful, or accomplished.

Easy steps to grow garlic at home and save money