EDUCATION INFLATION
Rich Dad, Poor Dad author Kiyosaki slams false prophets on YouTube, claims he saw 2025 crash coming years ago
Robert Kiyosaki, the author of Rich Dad Poor Dad, predicts a global financial crisis. He blames artificial intelligence and inflation. Kiyosaki advises caution regarding mainstream financial advice. He suggests investing in silver, gold, and Bitcoin. Kiyosaki criticizes the U.S. abandonment of the gold standard. He encourages financial self-reliance. He also warns against 'false prophets' on YouTube and in schools.
Akshat Shrivastava once earned Rs 10,000 per month. Now saves 95% of his income, thanks to one rule
Akshat Shrivastava, a financial advisor, saves 95% of his income by avoiding lifestyle inflation. Starting with modest savings from a small salary, he scaled up his investments after landing a corporate job. His key principle is to only buy something if he can afford it twice, emphasizing financial discipline and smart investment choices.
Fund Manager Talk | 4 sectors to watch: Quantum AMC's playbook for India's domestic recovery
Quantum AMC's Chirag Mehta is strategically positioning his portfolio for India's anticipated economic recovery, favoring banking, consumer discretionary, materials, and utilities sectors. Despite high cash levels due to valuation concerns, Mehta emphasizes a disciplined, value-oriented approach. He advises investors to prioritize fundamental analysis and long-term investing over chasing short-term gains for sustained wealth creation.
ED raids 37 locations in Rs 2,000 crore AAP era Delhi classroom construction 'scam'
Enforcement Directorate officials conducted raids across Delhi. The raids relate to a money laundering investigation. This investigation concerns an alleged scam in the construction of classrooms. The alleged scam occurred during the previous Aam Aadmi Party government. The ED registered a case under the Prevention of Money Laundering Act. The case involves alleged irregularities of approximately Rs 2,000 crore.
Congress says open to "respectful and suitable" alliance in UP but also focused on rebuilding its strength on ground
The Congress party is actively rebuilding its grassroots organization across all 75 districts of Uttar Pradesh, aiming to strengthen its presence before the 2027 assembly polls. While focused on this organizational revamp, the party anticipates forming a "respectful and suitable" alliance, likely within the INDIA bloc, to challenge the BJP.
Bought a ₹3 crore flat in Gurgaon, now 'need ₹7.5 lakh/month just to breathe': Man’s viral post sparks internet frenzy
In a viral LinkedIn post, Gurugram resident Vaibhav J revealed it costs him ₹7.5 lakh per month to maintain a luxury lifestyle in DLF Phase 5. Detailing expenses from house EMIs to club nights, he sparked debate online. Some called it a reality check; others dismissed it as melodrama over self-imposed costs of urban status.
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These large- and mid-cap stocks have seen an improvement in their earnings component; have upside potential of over 33%
At least at the index level, the indications are that the bias of the market is now turning bullish. A part of this bullishness, however, could also be due to better liquidity conditions in the stock market. So, when looking at a stock you need to check whether it is performing well due to liquidity or because earnings in the Q4 have improved, leading to a score improvement. There can be cases where both earnings and other components like momentum or relative performance have also seen an improvement. But as a pre-condition, it is earning that should have seen an improvement.
FIRE myth: Financial independence, retire early sounds glamorous. It takes much more than mere ambition
Financial Independence, Retire Early sounds glamorous. But early retirement takes more than ambition—it needs planning, patience, and a whole lot of money.
Insurance is a risk cover and not an investment: Don’t confuse the two
Though Vihaan Gupta often receives insurance sales calls, he believes his current cover and investments are sufficient and a simple top-up will suffice as he settles down. Is this assumption correct?
Today’s youth may do much more in retirement than previous generations did: Here’s why
Today’s youth may not be enamoured with doing the same thing till 60 and, instead, shoot for peaking in their late-30s. They know that their knowledge, skills and go-getting attitude can do more for a much larger set of people beyond their household. They will take on bigger problems and utilise their prime to change the world.
Horoscope Today, June 15, 2025: Gemini Sun Ignites Communication Power as Capricorn Moon Grounds Emotions for All Zodiac Signs
Horoscope Today – 15th June 2025: The Sun will transit into the Gemini sign. Your communication and self-expression can get activated today. The Moon will transit from the Capricorn sign. This is good for emotional focus and pragmatism. Mercury and Jupiter continue in the Gemini sign. This can enhance intellect, networking and opportunities. Mars and Ketu in the Leo sign can have occasional impatience. Venus in the Aries sign keeps romance bold. Saturn in the Pisces sign demands self-discipline. Rahu in the Aquarius sign encourages unconventional growth
Canada job crisis: Gen Z left jobless and drifting as youth unemployment skyrockets to highest in 25 years
Canadian Gen Z faces a daunting job market as unemployment hits levels unseen since the mid-1990s, excluding pandemic peaks. Graduates like Sarah, Thivian, and Ben struggle with rejections and underemployment due to rising interest rates, trade instability, and automation. Experts warn of potential wage scarring and a "lost generation" without targeted interventions and structural reforms.
Inflation hits 75-month low of 2.8% in May as food prices cool
The Consumer Price Index (CPI)-based inflation stood at 3.2% in April and 4.8% in May last year. Food inflation, accounting for a significant weight in the inflation basket, fell to a 43-month low of 0.99% in May.
Is IIM tag losing value? No job offers for 1 in 6 Trichy students, says educator. And cost?
An RTI query has revealed that 59 students from IIM Trichy's 2024 batch were left unplaced, accounting for nearly 15% of the cohort. Educator Ravi Handa shared the data on X, calling the situation “not normal” for an IIM, especially given the high fees and tough entrance process. Only 27% of the batch received offers with a CTC above ₹20 lakh. The post has sparked debate on social media, with users raising concerns about market saturation, dilution of the IIM brand, and lack of transparency in placement reports.
UK job market slowdown raises concerns for international students
Job prospects in the United Kingdom are becoming tough for foreign students. Unemployment is up, and many companies are not hiring. Fewer jobs are available after graduation. It is harder to get a work visa. The cost of living is also increasing. Students are looking at different types of jobs. They are also trying to improve their skills.
Divorced but not re-married wife to get husband’s property and Rs 50,000 per month permanent alimony with 5% increase every 2 years, rules Supreme Court
In a landmark decision, the Supreme Court of India has ordered a husband to provide his divorced wife with Rs 50,000 per month as permanent alimony, with a 5% increment every two years. The Supreme Court also upheld the High Court order to transfer the property's title deed of the house to the wife. Read below to know the details of the divorce alimony case.
India Inc's ship needs more armaments, least prepared in APAC to tackle financial and geopolitical risks: Kroll Study
A Kroll study reveals Indian C-suite leaders are least prepared in APAC for financial and geopolitical challenges, particularly concerning budget issues and cybersecurity. They prioritize financial metrics over risk management, unlike their global counterparts. While confident in domestic growth, Indian businesses face significant concerns regarding tariffs and economic instability, impacting sectors like gems, jewellery and textiles.
The ₹1 crore illusion: Why financial advisor Akshat Shrivastava says your money won’t be worth what you think in the future
Finance educator Akshat Shrivastava warns that many people are unknowingly losing money each year due to inflation and unchecked currency printing. Using a relatable example of a falling flat price, he explains how the value of money is quietly eroding over time. He urges people to invest in assets that can outpace inflation and to develop financial awareness. His message is simple but urgent: if you don’t understand how money works, your wealth may be slipping away without you even realising it.
Overseas luxury real estate: Here’s why it is catching the eyes of HNIs
Overseas luxury real estate is a high-involvement play. It demands due diligence, regulatory awareness, and trusted local partnerships. Done right, a home abroad can be more than a financial asset. It becomes a gateway to global living, future-proofing one’s wealth, and passing on a legacy with international roots.
How you can negotiate spending on your parents
The argument that parents sacrificed a lot in early years and it is now payback time fails to see that the child is now a parent too. At the same time, the thinking that parents must expect nothing from children is discounted as being too Western in cultural orientation, while also excluding children who genuinely like to spend on their parents.
Popular urban bikes lose traction on slowdown hit
Sales of 150-200 cc motorcycles in India's metros experienced a 9% decline in FY25, mirroring the slowdown in urban consumption seen in FMCG sales. Factors such as macro uncertainties, inflationary pressures, and a lack of new model launches have contributed to this downturn.
The 911 presidency: Trump flexes emergency powers in his second term
President Trump has utilized emergency powers at an unprecedented rate, citing them in 30 of 150 executive orders, surpassing his predecessors. This has sparked concerns about overreach and the supplanting of Congress's authority, particularly regarding tariffs imposed under the International Emergency Economic Powers Act.
You may be contributing to State Labour Welfare Fund from your salary: What is it, and how it helps employees
The Labour Welfare Fund is used to finance activities that promote the welfare of labour in the state. It also helps to utilize unpaid accumulations (such as wages, bonuses, gratuities, etc.) lying with the employer in the best interests of labour.
Trump vs Musk turns ugly; Biopeak's fresh funding
Tensions escalated between Elon Musk and Donald Trump as the former sharpened his critique of the Budget Bill. This and more in today’s ETtech Top 5.
Rahul Gandhi cites fall in vehicle, mobile sales to criticise govt’s ‘event-driven’ politics
Rahul Gandhi criticised the government, pointing to declining two-wheeler and car sales, along with a dip in the mobile market, as evidence of economic distress. He emphasised the need for a political approach grounded in the realities of everyday life, addressing the financial pressures faced by ordinary Indians.
Need politics that's not about glitz of events but connected with reality of everyday life: Rahul Gandhi
Rahul Gandhi criticized the government, pointing to declining two-wheeler and car sales, along with a dip in the mobile market, as evidence of economic distress. He emphasized the need for a political approach grounded in the realities of everyday life, addressing the financial pressures faced by ordinary Indians.
20 statements recorded before Manish Sisodia, Satyendar Jain grilling in classroom scam
The Delhi Police's Anti-Corruption Branch is probing a classroom construction scam. They have questioned engineers, contractors, and education officials. An architect is under scrutiny for receiving funds without official appointment. Former ministers Manish Sisodia and Satyendar Jain are summoned for questioning. The investigation reveals cost escalations and procurement violations. The complaint alleges irregularities in constructing classrooms at inflated costs.
Manish Sisodia, Satyendar Jain summoned by ACB over Rs 2,000 crore school construction corruption probe
Delhi’s Anti-Corruption Branch has summoned former ministers Manish Sisodia and Satyendar Jain over alleged Rs 2,000 crore corruption in government school classroom construction. The FIR cites irregularities in 12,748 classrooms built under the previous AAP government. A 2020 CVC report highlighted financial and procedural violations. BJP alleges inflated costs and contractor links, while AAP denies wrongdoing, calling the probe political. Both leaders have prior legal cases but remain out on bail. This investigation is crucial for public trust in governance.
India may still cross the ‘miracle economy’ benchmark of 7% GDP growth
India's economic growth is exceeding expectations, with FY24 revised to 9.2% and FY25 projected at 6.5%. Despite global uncertainties and slower manufacturing growth, strong investment, improved net exports, and a promising agricultural outlook contribute to India's resilience. Macroeconomic indicators remain positive, positioning India to potentially surpass the 'miracle economy' benchmark.
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