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Location American Market News for 10 May 2026
Calculating your emergency fund? Experts suggest the 3-6-9 rule to build a cushion - Here's what it means Establishing an emergency fund is crucial for financial stability, covering unforeseen expenses without affecting daily finances. Regular monitoring and automation of savings can help build this financial cushion effecti...
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New ITR disclosure norms for FY26: What investors, traders and salaried taxpayers should know The Income Tax Department has revised ITR forms for 2026-27 to enhance transparency and simplify the tax filing process. Here's a list of changes in each ITR Form.
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Annual Information Statement: Here's how to Download Form 26AS - Stepwise guide Form 26AS, also known as the Annual Information Statement (AIS), is a comprehensive display of a taxpayer's financial statement for a given tax year. It has been replaced by Form 168 under the new Income Tax Act, 202...
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Cumulative vs non-cumulative FD - Which is better for retirees? Know which suits you Fixed deposits offer safe, stable returns and comes in cumulative and non-cumulative types, catering to different needs, such as wealth building for long-term savers or regular income for retirees. Details here. 
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FD vs RD: Investing in bank deposits? Here are key differences between fixed and recurring deposits, and how to use them Fixed deposits and recurring deposits are bank deposit options that give you low-risk investment option with guaranteed returns. Here's a look at which is suitable for you, how they work and how you can use them to r...
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I asked ChatGPT: Should I leave India and settle down in Dubai? AI suggests ideal salary for jobs to make the move ChatGPT recommends the minimum salary required to leave India for a job in Dubai. Check the detailed AI response.
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I asked ChatGPT to calculate monthly savings to build education fund for my children's higher studies in Delhi I asked ChatGPT to calculate the required monthly savings to build a good education corpus for my children's higher studies for medical or engineering college in Delhi. Here is what artificial intelligence chatbot sa...
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What happens if you forget to extend your PPF account after maturity? Rules explained A PPF account matures after 15 years, allowing withdrawals or extensions. Failing to submit Form 4 within a year limits contributions. Details here. 
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FD rates 2026: How much will ₹1 lakh, ₹5 lakh and ₹10 lakh earn in top banks of India? Fixed deposits remain a favored choice for conservative investors, offering stable returns influenced by repo rate changes. Major banks in India offer FD rates between 6% and 7.25%, with higher rates from small finance b...
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With a 20 LPA income, how much insurance should I take for my family of 4? I asked ChatGPT; AI exposes the bitter truth ChatGPT devised a plan for a Bengaluru family earning ₹20 LPA. AI emphasises the importance of adequate coverage for financial security.
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Switching tax regimes? Key things salaried employees must know before choosing between old and new Salaried employees can choose between old and new income tax regimes, while the new tax regime remains the default option. The Union Budget 2026 maintained existing tax slab rates. Here's what all you should consider...
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Mothers Day 2026: Does money transfer to your mother help reduce your tax liability? Transferring money to your mother is treated as a tax-free gift under Indian income tax law and does not reduce your tax liability. However, tax savings are possible only through specific payments like health insurance p...
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Income tax returns: What is the deadline to file ITR for FY26? Top FAQs answered on penalty, forms and delayed returns Taxpayers should be aware of the necessary documentation and deadlines for filing ITR. For FY2025-2026, the deadline is 31 July 2026, with delayed filing until 31 December, incurring additional costs.
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Not a trading moment but, Experts on how investors can strengthen portfolio as Iran war rattles Dalal Street The Iran war has caused significant market volatility, prompting experts to advise investors to focus on long-term planning rather than panic trading. 
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I asked ChatGPT: I earn ₹1 lakh yet drowning in debt - how long will it take to recover? AI explains what must change ChatGPT warns that a ₹1 lakh salary is not enough to comfortably sustain a debt-heavy lifestyle with 36% credit card interest. The chatbot recommends cutting variable expenses sharply, stopping credit card usage entire...
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Gold, silver prices today: Check retail rates of 24K, 22K gold, 999 silver on 10 May in Delhi, Mumbai and Kolkata On May 10, gold prices in India remained stable with 24-karat gold at ₹153,140 per 10 gm and 22-karat at ₹140,378. Silver was priced at ₹262,350 per kg. Trading rates are unavailable as MCX is closed on weekends.
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Gold, cash, commodities: Jeffrey Gundlach on his portfolio strategy for 2026 amid Iran war jitters, rate uncertainity Jeffrey Gundlach advises investors to hold cash, gold, and real assets in 2026, warning against risky investments if the Fed raises rates. He recommends 20% in cash and commodities, and suggests buying gold if it dips be...
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CLARITY Act Explained: Why banks & crypto firms are fighting over reward policy - What it means for your digital wallet? The Clarity Act, aimed at regulating cryptocurrency, will be reviewed by senators next week. If approved, it will clarify asset classifications, address stablecoin policies, and potentially enhance digital asset adoption...
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₹70 LPA but zero savings, salary breakup from Bengaluru goes viral: Middle class or fool? How much is enough to live comfortably in Bengaluru? Ankur Warikoo's post has left netizens divided. Here's why he thinks ₹70 lakh per annum still makes someone a middle class.
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Small Finance Bank FD rates beat big banks: Smart investment or risky bet? What should investors check? In May 2026, small finance banks in India offer attractive FD interest rates, some up to 8%. Senior citizens receive extra rates of 0.20%-0.50%.
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The most important Mothers Day gift isnt jewelry. Its financial independence Across every stage of motherhood - new, working, single, entrepreneurial, senior - the financial system treats women as signatories, not decision-makers. The cost of that exclusion is real, compounding, and entirely prev...
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₹90,000 adulting bill: Gurugram man leaves internet stunned by his monthly spending breakdown A 25-year-old product manager from Gurgaon has gone viral after sharing a detailed breakdown of his monthly expenses in an Instagram reel. From ₹18,000 rent for a 2BHK apartment to ₹30,000 spent on a trip, his candid...
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