Rally in Indian Bonds Loses Momentum After RBI's Surprise Moves
The yields on the five-year and 10-year bonds jumped more than 20 basis points and six points respectively this week, reversing some declines in the current quarter. This came after the Reserve Bank of India unexpectedly shifted its policy stance to neutral from accommodative last week, warning that it has ' very limited space' left for further easing.
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Yahoo
14 minutes ago
- Yahoo
Reddit's Most Unhinged Money Hacks
You can find a lot of wild and wacky stuff on Reddit. Some of it is comical, some of it is bawdy. No small amount of it is weird. A lot of it makes you grateful for your own life — and for your common sense. There's no stone of human experience that Redditors will leave unturned, including everything from the existence of aliens to personal finance tips. Read Next: Check Out: While there are some very smart personal finance tips out there, penned by people who are professionals in the field or in communities dedicated to renowned experts, there are also a lot of money hacks that feel, well, the word unhinged comes to mind. GOBankingRates had a fine time finding some of the most unhinged money hacks on Reddit. Please, dear reader, don't try some of these at home. Getting Creative on Marketplace When members of the Ask Reddit community were asked about how they'd make money in a pinch, two people shared their very unique money-making hack, which fused creativity with a dash of duplicity. Redditor stonedfishing had a very simple plan to make a few extra bucks: 'Find rocks on the beach, spray them with clearcoat, and sell them on marketplace as artisanal decorations.' So, if you bought any decor from stonedfishing, you probably could have done this yourself for less money. Not to be outdone, _coffee_ shared that they did a similar thing with old wooden doors. Strip off the hinges and knobs, give them a good clean or polish, and voila, you can sell 'em as tabletops. Now that is some rustic chic. Learn More: Freezing Out Utilities Bills Keeping your home cool in the hot months and warm in the cold months can cost you, it's true. But Redditor duyli was undaunted — and frankly, unhinged — in their suggestion for saving money on utilities: 'Unplugged my fridge in winter. Nature's cold, why pay twice?' Saving a buck is great, but there are some things you do need to splurge on — and proper food sanitation is one of them. If you nosh on certain kinds of unrefrigerated foods, you could end up spending everything you saved on utilities bills, and then some, on a hospital stay. So, um, please don't try this. Highway to the Danger Zone? You can also put this tip firmly in the 'do not try this at home — or anywhere' category. When Redditors were asked how they save money while traveling, people in one thread shared a rather unconventional tip — traveling to a global geo-political hot spot to save money on tickets while avoiding long wait times and benefiting from enhanced security. 'I booked Peru early 2023 when all that political stuff was going down,' HappyPenguin2023 recalled. 'Got super cheap prices and everything had settled down by the time we went in July — but crowds were still really low!' Another user chimed in, sharing that, by booking their travel to Bogota during huge protests, they were able to save 60% on hotel costs. That's One Way To Earn Credit Card Points Once upon a time, Redditor Perfect_Zone_4919 had a perfect scheme for racking up those valuable credit card points: 'Shut down now, but I used to buy golden dollar coins from the mint with a credit card. They had free shipping and no tax because they wanted to get them in circulation. As soon as they arrived, I'd cash them in at the bank and repeat. Built up huge reward points on my card.' Avoid Those Check Bag Fees by Any Means Necessary Redditor kacombs may say that they look like 'an eccentric weirdo at the airport' but one person's eccentricity is another person's thriftiness. And this Redditor will go to some fashion extremes to save money on checking a bag: 'I always wear several layers of clothing to avoid checking a bag (even when it's hot) and I always wear my biggest pair of shoes (usually hiking boots). I also wear a fanny pack under my sweatshirt/coat and sometimes I stuff a neck pillow (or even just regular pillowcase) with clothes,' they wrote. 'Most airlines have policies to not charge for a pillow and it's honestly none of anyone's business whether my pillow is filled with down/fiberfill or cotton and polyester lol.' Is this comfortable? Of course not, but to make it bearable, they'll hide tote bags to switch up items. Oh, and they've also been known to put clothes and other items in a plain brown paper bag, making it seem like they've gone shopping at the airport to avoid those bag check fees. Well, we promised some unhinged money hacks from Reddit, and we delivered. But seriously, don't try most of these at home. More From GOBankingRates New Law Could Make Electricity Bills Skyrocket in These 4 States I'm a Self-Made Millionaire: 6 Ways I Use ChatGPT To Make a Lot of Money 5 Strategies High-Net-Worth Families Use To Build Generational Wealth Warren Buffett: 10 Things Poor People Waste Money On This article originally appeared on Reddit's Most Unhinged Money Hacks Solve the daily Crossword
Forbes
17 minutes ago
- Forbes
Fed Expected To Cut Interest Rates, Though Inflation May Be Picking Up
WASHINGTON, DC - SEPTEMBER 18: Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC. The Federal Reserve announced today that they will cut the central bank's benchmark interest rate by 50 basis points to a new range of 4.75%-5%. (Photo by) Getty Images Fixed income markets fully expect that the Federal Open Market Committee will cut interest rates on September 17. However, economic data suggests that the FOMC may have to manage a monetary policy trade-off over the coming months. That's because the jobs market appears to have been weakening between May and July. That would typically call for lower rates. However, inflation may be picking up slightly on recent data. If that trend continues it might imply higher rates are needed. Of course, the FOMC only has a single policy tool, interest rates, so if unemployment rises and inflation picks up, then the FOMC's decision making may be made more complicated. The July Employment Situation Report saw 73,000 nonfarm payrolls added for July, which was itself a relatively slow pace of growth compared to prior months. However, figures for May and June were also revised down significantly to under 20,000 nonfarm payrolls added in both cases. In contrast, over 100,000 jobs had been added monthly over most of the prior 2 years. That said, the unemployment rate has been relatively stable since summer 2024, but if the recent slow pace of job creation continues, it may signal downside risk for the economy. The jobs report for August will be released on September 5, offering further data before the FOMC next meets. Recent data has shown some acceleration of inflation, too. July Producer Price Indexes showed a relatively pronounced rise in prices. In addition, there were some signs of rising prices in the July Consumer Price Index. For now, overall inflation remains relatively mild. For example, annual inflation is close to 3% to July depending on the metric used. However, the FOMC's annual target is 2% and inflation could accelerate further as the impact of tariffs, which in many cases have only been recently implemented, are felt. That said, some policymakers have said they are willing to look through any tariff-related inflation, believing it will be one-off in nature. If so, that makes it an easier decision to lower rates if there are concerns about a softening job market. At the last FOMC meeting in July both Christopher Waller and Michelle Bowman dissented, preferring to lower rates. That and the likely appointment of Stephen Miran to the FOMC before the September meeting, suggest added pressure for a rate cut. That's because President Trump is known to favor lower rates, and he likely proposed Miran with the belief that he would vote to lower rates. It seems likely that the FOMC will cut interest rates in September. There are still more economic reports to come before that meeting, but fixed income markets strongly predict a rate cut. That said, there are signs that inflation could be accelerating, that may not prevent a September cut, especially if signs of a soft labor market continue, but could present challenges for policy makers later in 2025 if they have to choose between restraining inflation and supporting the jobs market.
Entrepreneur
38 minutes ago
- Entrepreneur
What Quick Commerce Needs Beyond Speed?
Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. India's quick com merce sector is at a tipping point. With gross merchandise value projected to reach $9.95 billion by 2029 and a surge of 75-100% y-o-y in monthly transacting users, what began as an urban convenience is now becoming a national habit. Consumers have grown used to groceries, gadgets, and daily essentials arriving in minutes. But as competition intensifies and operating costs mount, one thing is becoming clear: speed alone is no longer a differentiator - it's a given. The real competitive advantage in q-commerce lies beneath the surface, in the systems and infrastructure that make this speed viable at scale. Today, the game is not just about how fast you can deliver once, but how consistently, profit ably, and sustainably you can do it across India's urban sprawl. While customer expectations are soaring, profitability remains elusive. Most q-commerce players operate on wafer-thin margins, with delivery costs eating into unit economics. In fact, leading platforms are still losing ₹20–50 per order on average, despite growing volumes. As brands fight for market share, they're discovering that you can't subsidize speed forever. The sector's future now hinges on reducing the cost per delivery not by slowing down, but by reengineering the ecosystem, starting with better-located, smarter urban infrastructure. The core constraint in q-commerce isn't consumer demand, its fulfillment proximity. India's top cities are facing a crunch on Grade-A warehousing space. What's needed is a shift from legacy warehousing on the periphery to tech enabled, in-city Grade-A micro-fulfilment hubs. Modern fulfillment centers are no longer passive storage spaces, they are productivity engines. The next-generation Grade-A warehousing facilities are designed for throughput and agility, with features like automation-ready layouts, high floor load capacities, temperature controlled zones, and advanced racking systems. Built with ESG compliance and fire, zoning, and safety norms baked in, these assets not only meet today's operational demands but accelerate speed-to-market. Designed for API integration with tenant tech platforms, they enable real-time inventory visibility, smart replenishment, and efficient dock-to-door routing, all of which are critical for q-commerce. Unlike retrofitted godowns or legacy industrial parks, these assets don't just support logistics, they elevate it. These spaces also create new touchpoints. Q-commerce brands can operate product experience zones or dark stores within high-footfall areas, bridging the gap between physical and digital retail, a proven consumer engagement strategy in dense urban markets like Singapore and Seoul (McKinsey, 2023). Infrastructure decisions today will shape whether q-commerce companies are seen as merely fast, or also responsible, resilient, and respected. With increasing scrutiny on urban air quality and emissions, shorter delivery routes enabled by in-city hubs can reduce carbon emissions by up to 25% per order. Add to that energy-efficient facilities and consolidated deliveries, and you have a logistics model that aligns with climate goals and customer demands. India's q-commerce sector no longer needs validation, it needs structure. The early play book of raising capital, building brand loyalty, and offering hyper-speed delivery has reached its limits. The next wave of leadership will come from those who pair consumer-first thinking with infra-first execution. Because the future of quick commerce won't be defined by who delivers in 10 minutes. It will be defined by who still can, 10 years from now.
