Despite earning ₹1 lakh a month and having ₹15 lakh in savings, a Bengaluru homebuyer said owning an affordable home still feels out of reach. What once signalled financial stability now barely covers the upfront costs, as soaring apartment prices, hefty down payments, registration charges, and long-term EMIs combine to make homeownership an increasingly distant […]
Find out if now is the right time to put your money in a savings account. In 2024, the Federal Reserve implemented a series of cuts to the federal funds rate and those rates continued on a downward trend throughout 2025. As a result, deposit interest rates have fallen from their historic highs. Still, it’s […]
Find out if now is the right time to put your money in a savings account. In 2024, the Federal Reserve implemented a series of cuts to the federal funds rate and those rates continued on a downward trend throughout 2025. As a result, deposit interest rates have fallen from their historic highs. Still, it’s […]
President Donald Trump on Wednesday announced Trump Accounts, an investment program for children born in the U.S. between Jan. 1, 2025, and Dec. 31, 2028. The Trump administration on Wednesday introduced “Trump Accounts,” a provision of the new tax legislation which will dole out $1,000 to every newborn U.S. citizen whose parents enroll them in […]
U.S. Social Security Administration Commissioner Frank Bisignano joins ‘Mornings with Maria’ to outline how the Trump administration’s tax agenda could deliver record refunds, expand benefits for seniors and improve government services. President Donald Trump is expected to share more details this week about the highly-anticipated “Trump accounts,” an initiative that would set up newborns with […]
When people talk about retirement planning, it’s common to hear the term “net worth” tossed around. And it’s natural to track your net worth with the hope of growing it over time. But if you want to set yourself up for a secure retirement, net worth isn’t the figure you should be focusing on. Instead, […]
Find out how much you could earn with today’s savings rates. Interest rates on savings accounts have been falling, so it’s important to be sure you’re getting the best rate possible when shopping around for a savings account. The following is a breakdown of savings interest rates today and where to find the best offers. […]
Ahmedabad-based Arjun Saxena and Kavya Saxena purchased a flat with an annual home loan interest of ₹3 lakh. If Arjun had taken the loan alone, he could claim only ₹2 lakh under Section 24B, losing the tax benefit on the remaining ₹1 lakh. Instead, they chose joint ownership with equal EMI contribution. When a home […]
In a move poised to stimulate growth in the Indian economy, the Reserve Bank of India’s Monetary Policy Committe has reduced the benchmark repo rate by 25 basis points to 5.25%. While a shot in the arm for borrowers, the RBI repo rate cut presents a mixed bag for the common man, offering immediate relief […]