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Why ‘Karen’ is trending worldwide after the Phillies ball snatching controversy. Know the unexpected reason
During a Phillies-Marlins game, Harrison Bader hit a home run, which a father caught and gave to his son. A woman, dubbed "Phillies Karen," confronted them, claiming the ball was hers and snatched the ball, sparking massive outrage online. Following the woman's unruly behaviour, people nicknamed a woman “Phillies Karen" and “Karen Ballsnatcher".
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 25%
Are you looking at the Nifty to figure out whether to be bullish or bearish? If yes, cast your eye back to the day last year when the big correction started. Did all stocks start falling only after September 26, 2024, the day the indices peaked? No. Several stocks across segments began declining much before that day. The lesson: Focus on companies where the broader picture of growth is intact. And let the Nifty do what it is doing. Focus on the management, a key driver of earnings. Also, because GST rationalisation will likely impact earnings in a positive way, it is probably a good time to keep scepticism aside, but with conditions.
Viral ‘Phillies Karen’ scandal takes a shocking U-turn: Woman who snatched home run ball from young fan breaks silence
A Philadelphia Phillies fan who managed to become public enemy on the internet over the weekend after she snatched a home run ball from a young ball has finally broken silence. Internet quickly blasted the woman as 'Karen' following which she took to Facebook to clear the air as criticism mounted. She denied that she was the woman at the game – and clarifying that not only was she nowhere near Florida, but she’s also a Red Sox fan
3BHK for 80 lakh with 60K EMI or 40K rent in Bengaluru? Man turns to Reddit for advice
A Bengaluru couple is contemplating buying their current 3BHK for Rs 80 lakh as their landlord plans to sell. Faced with a Rs 60,000 EMI versus rising rents, they seek advice on whether to purchase or rent, considering their strong financial standing and long-term plans in the city. Redditors suggest buying, emphasizing long-term benefits and offering strategies to manage finances.
HDFC Bank cuts lending rates on select tenures by up to 5 bps: Check how it can impact your loan EMI
HDFC Bank announces a reduction in its Marginal Cost of Funds-based Lending Rates. This move will benefit borrowers with loans linked to MCLR. The bank has lowered MCLR by up to 5 basis points on select tenures. New MCLR rates now range from 8.55% to 8.75%, varying by loan duration.
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‘Noida or Bangalore, sab loan par hai’: Viral video exposes harsh truth of EMI-trapped middle-class life in high-rises
A video is currently circulating online, showing an empty swimming pool in a high-rise. The video is about the financial struggles of India's middle class. Many people take loans for homes and cars. They are then stuck in jobs to pay EMIs. People online are calling it a truth bomb. It reflects anxieties about debt and urban living.
Is paying rent really a waste? CA explains the middle-class trap and breaks down the renting vs buying maths
Nitin Kaushik challenges the notion that renting is a waste of money. He argues home loans can be a bigger drain than people realize. Interest payments significantly increase the total cost of a home. Renting offers flexibility and liquidity. Buying too soon can leave families financially vulnerable. Kaushik advises careful financial planning before taking a home loan.
CA shares story of how a Rs 2.8 lakh monthly earning couple's 'smart investment' turned into financial stress
A couple earning Rs 2.8 lakh per month purchased two properties, anticipating rental income to cover EMIs. However, their EMIs severely strained their finances, leaving minimal funds for other investments, even for their child's education. CA Nitin Kaushik warns against prioritizing real estate without considering liquidity and future financial needs.
What is a top-up home loan and how much can you get?
A top-up home loan offers borrowers with a good repayment history an additional loan on top of their existing home loan. The loan amount depends on the outstanding amount and repayment capacity. Interest rates are similar to home loans, and tenure aligns with the remaining home loan period. Funds can be used for various purposes, including home renovation and education.
Banks sense an opportunity in GST gain for retail, MSME
Recent GST reforms, coupled with a good monsoon and improved liquidity, are poised to stimulate credit demand, particularly in retail and MSME sectors. Reduced tax rates and simplified compliance are expected to boost consumption, ease working capital pressures, and drive loan disbursements, benefiting banks and NBFCs.
Congress demands comprehensive relief package for flood-hit Jammu and Kashmir
The Congress party urged the central government to announce a relief package for Jammu and Kashmir. The region suffered devastation from recent floods. Tariq Hameed Karra sought a judicial inquiry into the deaths of pilgrims. These deaths occurred during cloudbursts and landslides near Machail Mata and Vaishno Devi shrines. Karra criticized Amit Shah's visit as insufficient.
US Open scandal repeats? Viral Phillies moment as young fan finally meets Harrison Bader after home run ball drama
A heartwarming turn of events unfolded after a controversial incident at a Phillies-Marlins game. Young Lincoln, celebrating his birthday, had a home run ball snatched away by another fa which sparked outrage online with many comparing it to the recent US Open scandal where a Polish millionaire snatched tennis player Kamil Majchrzak’s hat from a child . Following public outcry, the Marlins gifted Lincoln a prize pack.
Asking an educated, earning wife to contribute to household expenses is not 'cruelty': HC
The Calcutta High Court has stated that expecting an educated, working wife to help with household costs isn't 'cruelty' as defined by Section 498A of the IPC. This ruling came as the court dismissed criminal proceedings against a GSI employee and his family.
I need Rs 25 lakh for daughter’s college & Rs 5 crore for retirement. Can I do it with Rs 50,000 SIP?
I need Rs 25 lakh for daughter’s college & Rs 5 crore for retirement. Can I do it with Rs 50,000 SIP?
Silent and long-term winners of GST rationalisation: 17 stocks from different sectors which fit the bill
In the last few days, a simple trade has been taking place on the street. The government cuts the GST rate on a product, price falls, and households should buy more of it. So, stocks from FMCG and some other sectors have done well. But India’s experience over the last two decades tells a subtler story: Because a family saves on tax in one corner of its consumption basket, it doesn’t mean it will spend more in that same corner. Just to put this in perspective: If one is saving money on buying a soap, that saving will not go into buying additional soap. It might go into buying anything else. What is that something else? It may even be a product that has not seen any GST cut. The fact is that there are many stocks that are silent and long-term winners of the GST rate rationalisation.
Buy Rs 1 cr home with own fund or loan? This CA tells choice is not that simple, she reveals how to take a final call
Chartered Accountant Ruchita Vaghani's analysis on X compares buying a Rs 1 crore home with cash versus a loan. Paying cash offers peace of mind and immediate ownership, while a loan provides liquidity, tax benefits, and potential investment gains. She says for an Rs 1 cr 20-year home loan taken at 8.5% interest, the EMI will be Rs 86,000, and their total outgo will be Rs 2.07 cr.
Home loan prepayment of Rs 50,000 vs Rs 1 lakh per year: Which option can save Rs 29 lakh on Rs 40 lakh loan?
Paying off a home loan faster can be achieved through partial prepayments. For a Rs 40 lakh loan at 8.5% interest, prepaying Rs 50,000 annually could save over Rs 19.60 lakh in interest and shorten the tenure by 7 years. The prepayment amount depends on a borrower’s prepayment capacity, liabilities, responsibilities, and other financial goals.
Time to think beyond correction & volatility? 7 small-caps from different sectors with upside potential of 13% to 50%
We are in turbulent and confused times, at least where the market is concerned. Sentiment on the street swings with each statement by an Indian minister or a US official, or President Trump himself. One way to deal with this is to sit it out. But if you are a smart investor with a long-term perspective you will be wondering whether this is the opportunity you have been waiting for. You may also be wondering whether, after an extended correction, small-cap stocks are at a stage where you should start looking at them? Perhaps. But you need to be smart about picking the right stocks.
CA gets the craziest client request ever while ITR filing: 'No money, bro. You pay my tax. Going for Europe vacation'
Chartered accountant Nitin Kaushik shared financial advice after a client's audacious request to cover his income tax. He urges the middle class to prioritize financial discipline, spend wisely, diversify investments, and build additional income streams. Kaushik also emphasizes the importance of insurance, avoiding lifestyle comparisons, and distinguishing between good and bad debt for long-term financial security.
Gold loans lead surge in consumption portfolio: Reports
Indian borrowers are increasingly seeking larger loans, fueled by easier retail credit access from public sector banks and NBFCs, while private banks exercise caution. Gold loans surge due to high prices, led by public sector banks in value and NBFCs in small-ticket lending. Home loans see public sector banks expanding market share with big-ticket loans.
Rs 2 crore savings for Rs 1 crore home: Buy in cash or take loan? Young investor's dilemma sparks hot debate
A 28-year-old investor with Rs 2 crore in savings sparked an online debate after seeking advice on whether to buy a Rs 1 crore home outright or take a home loan while investing the remaining funds. The discussion, shared on Reddit, drew varied opinions—from paying cash for debt-free ownership to leveraging a loan for investment growth. Experts and community members highlighted the trade-off between financial security and liquidity.
Figr IPO: FIGURE eyes $4.1B valuation with 22% revenue surge — is fintech’s next big breakout here?
FIGURE is making waves as it gears up for its highly anticipated IPO, aiming for a $4.1 billion valuation. The blockchain-backed lender has turned profitable, posting $29 million in net earnings and a 22% revenue jump in the first half of 2025. With 26.3 million shares on offer, FIGURE’s Nasdaq debut under ticker FIGR is set to attract major attention from investors looking for the next big fintech breakout.
These 9 banking stocks can give up to 32% returns in 1 year, according to analysts
When it comes to banking sector stocks, learn to deal with two opposite views on the street. Over the next few months, you will hear news of how bank margins have come under pressure. Ignore those headlines, Why? The fact is that, whenever the interest rate cycle turns down, there is a phase when banks see some margin compression. So it is a cyclical phenomenon, and does not change the macro story about why banks should be a part of your portfolio. And the macro story is that banks are the best play when it comes to the growth of the Indian economy.
Public sector banks race ahead of private lenders in home loan market in April-June: report
Public sector banks increased their home loan market share during April-June. This happened even with higher stress. Private banks' share decreased. Public sector banks have higher delinquencies in home loans. New credit card issuances declined. Private banks issued more new credit cards. Unsecured lending growth moderated. Lenders are balancing expansion with stability. The report highlights risk management and regulatory vigilance.
Riding the growth wave: Top 4 affordable housing finance companies to watch in 2025
Affordable housing finance companies (AHFCs) are outperforming other non-banking financial companies, driven by lower borrowing costs and rising demand. Policy support and low mortgage penetration in mid- and low-income segments are expected to fuel further growth. While competition and rising costs pose challenges, AHFCs are poised to capture a significant share of the affordable housing finance market.
Using SIPs to prepay your home loan: Is it a genius strategy you should try or a gamble you should avoid?
Want to pay off your home loan faster? You can consider the EMI plus SIP strategy. It involves taking a longer loan tenure and investing the EMI difference in mutual funds. Historical data shows that potential gains from mutual funds often exceed loan interest, but investment returns might not always outpace interest rates. Consistent investing and tax deductions are crucial for success.
Home loan rate hike unlikely to dent housing demand, say experts
State Bank of India has increased its home loan rates, setting the new range between 7.50% and 8.70%. Experts believe the impact on overall housing demand will be limited, especially for the mass market and first-time homebuyers. While affordable and mid-range housing segments may be more sensitive, structural drivers should maintain momentum.
Home Loan tips: House owners can land in jail for claiming two primary residences, face monetary loss? Details here
Mortgage lenders want to know if you intend to use a property as your primary residence. Generally, the best interest rates and loan terms (say, a 30-year mortgage instead of a shorter one) go to those people.
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