Business

Reverse budgeting prioritizes saving over spending, fostering financial stability by emphasizing meeting savings goals before covering expenses, distinguishing it from conventional budgeting focused on expenses first. This strategy establishes a robust financial foundation through early allocation of funds to savings and investments, promoting long-term financial security. Establishing clear savings goals is essential for reverse budgeting.…

On Tuesday, US stock markets saw declines in the S&P 500, Dow Jones, and Nasdaq. The drops are linked to escalating tensions between Israel and Iran, alongside reduced American spending, causing unease among investors. Reduced spending hampers the economy. Middle East tensions may spike oil prices, leading to market volatility. These fluctuations impact various sectors,…

Ola now uses a zero-commission model nationwide where drivers pay a fixed fee instead of a cut per ride, aiming to boost driver earnings, cut cancellations, and foster driver loyalty on their platform. Drivers can now subscribe daily at ₹67 for 30 days with no ride commissions, aiming to increase driver earnings and reduce overall…

In May 2025, the cost of preparing vegetarian and non-vegetarian thalis in India declined by about 6% YoY, attributed to lower prices of key ingredients such as onions, tomatoes, potatoes, and broiler chicken by a CRISIL report. Both meal types were impacted by these price fluctuations. The report describes a vegetarian thali with roti, veggies…

The Reserve Bank of India cut the repo rate by 50 basis points to 5.5%, decreasing EMIs for borrowers and making new loans more affordable. This move lowers the interest rate at which RBI lends to banks, typically leading to reduced consumer loan rates. Fixed deposit holders may experience decreased returns due to banks adjusting…

Ensuring personal financial health in today’s fast-paced world is crucial but often overlooked. While many focus on budgeting and saving, lesser-known tricks can significantly enhance financial well-being. Discover five such overlooked ways to boost your financial health and achieve greater stability and peace of mind in your daily life. Automating savings through regular transfers from…

Today, silver prices in India soared to an all-time high of ₹1,04,000 per kilogram due to intense trader demand and global uncertainty, with a trading volume of 17,560 lots. Analysts note that the price surge is fueled by new positions taken by traders. Global silver prices dipped slightly despite the surge in India. In New…

Managing finances may appear daunting without professional help, but with some structure, anyone can handle their own. By taking a few steps, you can organize and make mindful financial decisions. Here are five key steps to manage your finances without needing an accountant. Start by making a comprehensive budget listing all income and expenses, including…

US President Trump postponed the 50% tariff on EU goods from June 1 to July 9, 2025. This was after a talk between Trump and EU Commission President von der Leyen where she affirmed willingness to discuss trade seriously. The delay aims to facilitate possible trade deal discussions between the US and EU. The threat…

Airtel, along with Reliance Jio and Vodafone Idea, proposed a joint plan to combat telecom fraud in India amid increasing cybercrime complaints and significant financial losses. Their aim is to enhance scam detection, prevention, and mitigation through real-time intelligence sharing and cross-network coordination. The rise in cybercrime complaints is attributed to advanced tactics like phishing…