401 K MILLIONAIRE SAVINGS STRATEGY
Rs 4 lakh investment built an Rs 7848 crore empire. How a Mumbai man, who once earned Rs 150 a month, built a flourishing diagnostic laboratory chain
The entrepreneurial path of Dr. Arokiaswamy Velumani shows how perseverance, vision, and ingenuity can help create a profitable business with little funding. He invested just Rs 4 lakh to start a small thyroid testing lab in 1996, with Rs 2 lakh coming from personal savings and another Rs 2 lakh taken out of his provident fund.
Who was Gabriel Steven Garcia? 34-year-old Lakewood shooting suspect assaulted a police officer in 2017 and was released on parole just weeks ago
Gabriel Steven Garcia had an extensive criminal record and was out on parole at the time of the shooting. He had previously assaulted a police officer and was sentenced to prison in 2019. Garcia was released on mandatory parole in September, just weeks before the incident. Officer Nick Graham was killed during the confrontation, while three other officers and a bystander were injured.
LIC to step up focus on non-par savings, protection products
Life Insurance Corporation of India is enhancing its focus on non-participating savings and protection products. This strategy aims to continue improving profitability amid weak equity market sentiment impacting ULIP sales. The non-participating savings segment saw a significant margin increase, contributing to overall growth.
Delhi AQI today: National capital’s air continues to remain toxic, AQI crosses 400 at over 22 stations; check IMD weather forecast and AQI
Delhi air pollution news: Delhi is experiencing a serious decline in air quality with an AQI reading of 365. As Diwali approaches, pollution levels may increase due to firecracker use and stubble burning. The Commission for Air Quality Management has implemented stage three measures to manage air quality. Forecasts indicate continued poor air quality, likely reaching severe levels from November 7 to 9.
Nicki Minaj’s own lawyers want to quit her case, and a process server at her $10 million penthouse was told the couple tend not to answer their phones
Nicki Minaj is locked in a legal battle with 24/7 Productions over unpaid expenses. Her legal team, Kurzman Eisenberg Corbin & Lever, has sought to withdraw from representing her, citing serious communication hurdles and irreconcilable differences. Serving legal documents has proven difficult due to Minaj's limited responsiveness. A decision from the judge on the law firm’s withdrawal is still pending.
Virgo Weekly Horoscope, November 9 - November 15, 2026: Are You Ready to Resolve Old Relationship Concerns and Reconsider Your Priorities?
The Virgo weekly horoscope for November 9 - November 15, 2026, highlights personal priorities, financial planning and relationship reassessment. Venus, which has been retrograde and debilitated in your sign, turns direct on November 14. This may gradually bring greater clarity around relationships, self-image and important personal decisions. Mars enters Leo in your Twelfth House on November 12, bringing attention to expenses, rest and pending responsibilities. Mercury, your ruling planet, turns direct in Libra on November 13, potentially improving financial discussions and communication. Patience and careful planning will be important throughout the week.
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'Such a sad thing to watch!': Trump blames Democrats for sharp US stock market decline after midterm election victories
US President Donald Trump linked the recent decline in the stock market to Democratic victories in the midterm elections. He mentioned that retirement savings have been impacted due to the market loss. While the stock market experienced a steep sell-off, the Nasdaq Composite fell significantly. Concerns about restrictions related to technology companies contributed to the downturn in market performance.
Gold rate today (November 5, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from Malabar Gold & Diamonds, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities
Gold rate today: Ahead of the festive celebrations of Dhanteras and Diwali, gold and silver prices have witnessed a notable surge as leading jewellery brands like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas revise their rates.
How to save money on gold jewellery making charges: Understand these basics to get the best deal this Dhanteras
Jewellers calculate gold jewellery costs based on the purity and making charges that vary greatly. Flat-rate and percentage making charges can lead to significantly different total costs. This is why you should compare the complete pricing that includes gold value and applicable charges. Promotional offers such as discounted making charges need careful evaluation to ensure value. Know how you can to save on making charges this Dhanteras.
A record 769,000 Americans now have $1 million in their 401(k). Here’s how much they save
As of late June, an impressive 769,000 people had exceeded $1 million in their workplace retirement accounts. Fidelity revealed that the average 401(k) balance was pegged at $155,800, while the median was notably lower at $35,800. In the second quarter, thanks to a 14.9% increase in the S&P 500, many account holders saw significant recovery.
Horoscope Today, November 5, 2026: Virgo Steps Into the Spotlight as Cancer and Leo Focus on Money Matters
Cancer individuals are encouraged to strengthen their communication skills to better navigate daily expenses, fostering financial stability. Meanwhile, Leos should prioritize organizing their finances and refrain from impulsive purchases, aiming for lasting security. Virgos are advised to take on leadership roles with confidence, while effectively managing personal expenses to safeguard their savings. Open dialogues and supportive interactions can enhance relationships for all three signs, alongside tailored health remedies for well-being.
Awfis Space Solutions reports Rs 451 crore revenue from operations during Q2FY27
Awfis Space Solutions reported a 26% year-on-year rise in Q2FY27 revenue to Rs 451 crore, driven by strong enterprise and GCC demand. Its co-working business grew 31%, while the company expanded to 254 centres across 18 cities. Awfis is targeting Rs 190-200 crore in full-year Cash EBITDA.
What investment mistakes should investors avoid this Diwali? Experts share 5 lessons
As the Diwali festivities unfold, investors should exercise caution and resist the urge to make hasty decisions based on the current market climate. It's vital to adhere to preset financial objectives and strategies rather than chasing after recent high-performers, which can lead to recency bias and unnecessary risk. A thorough evaluation of asset allocations, particularly in gold and silver, is essential to safeguard long-term wealth without succumbing to emotional impulses.
Drought threatens India's 20% ethanol blending target as food takes priority
India faces a significant challenge in its ethanol production due to the lowest monsoon rainfall experienced in over a decade. This situation has prompted New Delhi to prioritize food security over its ethanol blending targets. Estimates suggest that the ethanol blending ratio may decrease this supply year from 20% to around 15%. Producers are being squeezed by increased corn prices and reduced purchasing prices for ethanol.
India’s professionals keen to sharpen AI skills, see productivity gains
Nearly 97% of Indian professionals are willing to develop their AI skills, while 88% expect the technology to improve productivity and efficiency, according to Michael Page India’s Candidate Pulse Report 2026, based on a survey of 3,401 professionals across 11 APAC markets, including 2,550 in India.
The power of signature IPs: A new way for B2B brands to reach decision-makers
Learn how signature IPs, including industry summits, executive programmes, awards and exposure, help B2B brands to engage key decision-makers, deepen industry relationships and open up new business opportunities by connecting with the right audience through targeted, business-focused platforms.
Lionel Messi’s playbook for investors: Heavy lifting, patience, planning, consistency, and teamwork
A young Messi relied on explosive speed and amazing dribbling to beat defenders. As he grew older, he used experience, positioning and passing to influence matches. He remained exceptional because he adapted. Investors must adopt a similar transition.
Gurgaon man pays Rs 20,000 rent, takes bike trips to mountains, says Rs 30 lakhs a year is enough; blames people for spending too much
A LinkedIn post questioning whether Rs 30–50 lakh a year is enough to live in Gurgaon has sparked a debate. The author recalled paying Rs 20,000 in rent and spending Rs 20,000 on food while cooking himself. He blamed lifestyle inflation, expensive purchases and social pressure for rising financial expectations.
Clementine's Ice Cream: How Tamara Keefe turned her love for ice cream into a multimillion-dollar business
After feeling drained and unfulfilled in her corporate career, Tamara Keefe created Clementine’s Ice Cream, driven by the joy of her childhood where she made ice cream with family. Pouring her savings into building this brand helped her establish credibility with local chefs. Joining the Goldman Sachs program gave her a boost, and now, Keefe shares her journey to inspire others to venture into the ice cream business.
Wall Street drops to its worst day since June after the sell-off for tech stocks deepens
Wall Street’s tech sell-off deepened on Friday as investors questioned whether massive spending on artificial intelligence will deliver enough returns to justify lofty valuations. The S&P 500 fell 1.8% and the Nasdaq 2.9%, with Intel plunging nearly 29% and Nvidia down 4.2%, while bitcoin also slid after a major hack at Binance.
Why is your Social Security taxed, and how much can you save? 5 ways to cut the bill and keep more retirement income
Many American retirees pay federal taxes on their Social Security benefits, even after spending decades contributing to the system. For people living on a fixed income, these taxes can leave less money for everyday expenses. The good news is that retirement planning can also help reduce the amount owed. Here are five ways to manage your income and potentially lower the federal taxes on your Social Security benefits.
Will AI kill humans in 10 years? Ex-Google Engineer predicts 'more than 50%' chance of extinction. 'I do not save for retirement'
Former Google engineer Nate Soares believes there is more than a 50% chance that AI could wipe out humanity within the next decade. His prediction is so grim that he has stopped contributing to his retirement savings. Now leading the Machine Intelligence Research Institute, Soares has spent years studying AI safety and warns that increasingly powerful systems could eventually escape human control.
Are you among the 1 in 3 Americans who may have lost track of retirement savings? Gen Z and millennials face the risk, here’s where to find your old 401(k) before retirement
Old job, forgotten retirement money. A recent Empower survey found one in three Americans may have lost track of savings left with a past employer. Half of Gen Z and 45% of millennials say the same. Start with the US Department of Labor’s Lost and Found Database, then contact your old employer’s HR.
Meet Millie Blumka and Taylor Borenstein, two friends who invested $50,000 in a workout mat business; how they built Stakt into a growing fitness brand
Millie Blumka and Taylor Borenstein are the co-founders of Stakt. It is a fitness accessories brand, and began initially after they saw a problem with workout mats. The idea came to their minds in 2020. At that time, home workouts were a common thing due to the COVID-19 pandemic. They invested a combined $50,000 of personal savings and ran the company alongside their jobs.
Meet Casey Ferrand McGee, former reporter who spent five hours a week on a side hustle that nearly matched her $60,000 salary; how she built a business after 14 years in TV news
Casey Ferrand McGee is the founder of CFM Media. It is a media coaching, public relations and communications consultancy based in New Orleans, Louisiana. She used to work as television news reporter for 14 years. She had covered hurricanes, tornadoes, gun violence, police protests and other issues during her working days.
In 2023, Harry Kane signed a lifetime Skechers boot deal; 3 years later, how Bayern Munich and England star's royalty-based arrangement is reshaping athlete endorsements
In August 2023, he signed a lifetime deal with Skechers. The company was preparing to enter the football market and was looking for a striker like Kane. They needed a person like him to establish credibility for its new product line. This gave him an opportunity to benefit financially as the brand's football business grows.
Leaving Microsoft with a buyout? US employees have 3 main 401(k) options; what happens if they make one mistake that could trigger taxes?
The technology giant announced a new, time-limited Voluntary Exit offer for eligible employees in participation teams in the US, UK, Canada and India. It covers employees at level 70 and below, with eligibility depending on the employee's organisation and team. Microsoft said the offer provides financial support and career-planning resources to employees considering leaving the company.
At least 1 lakh workers to participate in November 1 Delhi rally: Rajasthan Congress
The assurance was given by Rajasthan Congress president Govind Singh Dotasra during a meeting chaired by AICC general secretary (organisation) K C Venugopal at the Constitution Club in Jaipur to discuss preparations for the rally and ensure maximum participation from the state.
Forgotten 401(k) Money: Did your old employer move your 401(k) without asking? Why 68% of these IRAs lose value in year one
Millions of Americans may have retirement money sitting in old 401(k) accounts without realising it. A new PensionBee study found that many automatic rollover IRAs lose value because low returns cannot cover account fees. Workers who changed jobs years ago may want to check whether their forgotten savings are quietly shrinking.
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