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Market News

Location American Market News for 11 May 2026
Corporate FD rates in May 2026: Shriram Finance, Mahindra Finance and other top NBFCs offer returns up to 8.95% Corporate FD rates in May 2026 are attracting investors, as Shriram Finance, Mahindra Finance, and other top NBFCs offer stable FD returns of up to 8.95% amid market volatility. Check the comprehensive comparison, and di...
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Children Educational Allowance, Section 80C tuition fee deduction-See how you can claim tax benefit of up to ₹4.38 lakh Children Educational Allowance helps employees cover educational expenses for their children under the old tax regime. Here's a look at the eligibility and non-eligibility of tuition fees deduction under Section 80C....
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Do NRIs require tax clearance certificate before leaving India? The ITA provision on tax clearance certificate specifically excludes persons who are not domiciled in India and visit India for purposes not connected with business, profession, or employment.
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Health fund and health insurance: What's the difference, why you may need both and how to save Every individual has to budget and save for possible medical and health related expenses. Here is the difference between a health fund and health insurance, why you may need both and how much to save
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I asked ChatGPT: How can I make my kids more financially aware? AI gives me 10 money hacks Teaching children about money is best done through intentional behaviour and practical systems. ChatGPT recommends clear allocation methods, experiences financial consequences, and encourages emotional connections to sav...
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Post office savings: Can ₹10 lakh FD and ₹10,000 RD create ₹1 crore in 20 yrs? Check how inflation impacts returns A ₹10 lakh post office FD earning 7.5% and a ₹10,000 monthly recurring deposit earning 6.7% can grow into a corpus close to ₹1 crore over 20 years through compounding. However, inflation may significantly reduce th...
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Sharing your credit card with friends and family could land you in trouble with the Income-Tax department - Here's why Avoid sharing credit card with friends, family. If your reported income is not sufficient to pay back your credit card debt, or your expenditures far exceed your income capacity, it may trigger a notice from the authorit...
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I asked ChatGPT to calculate the savings needed as a freelance artist, to live my old age in Pune I asked ChatGPT to calculate the how much savings corpus I should build for my old age as a freelance artist with irregular income, living in Pune. Here is what artificial intelligence (AI) chatbot said
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Senior citizen FD rates in May 2026: AU, Equitas, Shivalik and other small finance banks offer up to 8.30% for retirees Senior citizens' FD rates in small finance banks reach up to 8.30% in May 2026, offering secure, high-yield investment options with stable returns. These investment options become even more lucrative in the current g...
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'Bangalore rent is like second EMI: Couple says ₹1.3 lakh monthly expenses exclude holidays, luxury spending According to the couple, rent takes up the largest share of their monthly budget. They said they pay ₹56,000 every month for their apartment.
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8th central pay commission to engage stakeholders in Delhi, Telangana, J&K and Ladakh in May and June - Check dates As part of its consultation process, the 8th CPC opened submissions and held meetings in Delhi in March and in April. Now, visits are scheduled in Telangana, Ladakh, Jammu & Kashmir and Delhi in May and June.
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From uncertainty to opportunity: why staying invested matters in volatile markets As markets correct amid oil spikes and global uncertainty, history suggests volatility may offer long-term opportunity. Heres why Indias structural story remains compelling.
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Digital FDs: high on convenience but mind the risk

livemint.com - 11 May 2026 14:20
Digital FDs: high on convenience but mind the risk Many online platforms now allow you to invest in fixed deposits from multiple banks. Understand the allure and the often-overlooked downsides before you commit your savings.
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8th Pay Commission explained: 25 most important FAQs, official dates, latest notices & key facts Big changes ahead as the 8th Pay Commission enters consultations, with key dates, salary revision updates, pension changes and fitment factor discussions affecting over 1.1 crore beneficiaries.
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OpenAI staff cashed out 6.6 billion dollars in one day, says report. How much richer did it make the employees? More than 600 OpenAI employees sold a combined 6.6 billion dollars worth of stock in a single day in October 2025, averaging 11 million dollars each. Here is how artificial intelligence is creating unprecedented wealth f...
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