Treasury Secretary Scott Bessent addressed growing public concern over recent market volatility and its impact on retirement savings, offering reassurances that most Americans approaching retirement are not overly concerned with short-term financial fluctuations. His comments came amid a turbulent week for the U.S. stock market, which experienced significant declines following President Donald Trump's announcement of new tariffs on major trading partners. The administration is facing increas

In a stunning upset that sent shockwaves through the tennis world, world number five Novak Djokovic crashed out of the Monte Carlo Masters in his opening match on Wednesday, falling in straight sets to Chile’s Alejandro Tabilo. The 6-3, 6-4 defeat not only marks a disappointing start to Djokovic’s clay season but also extends his title drought since winning gold at the Paris Olympics last year. Djokovic, 37, who had entered the tournament dealing with the effects of an e

The Social Security Administration (SSA) has officially released the payment schedule for April 2025, providing valuable information to millions of beneficiaries across the United States. After a unique February that featured an early double-payment for Supplemental Security Income (SSI) recipients, April returns to the regular cadence of benefit distribution. With the SSA’s clear structure, Americans receiving Social Security or SSI can now better plan their monthly finances. However,

In a match that will be remembered as one of the biggest upsets in recent tennis history, 19-year-old Filipina Alexandra Eala delivered a career-defining performance at the 2025 Miami Open. On Wednesday, the world number 140 and wildcard entrant defeated current world number two and four-time Grand Slam champion Iga Swiatek in straight sets, 6-2, 7-5, to reach the semifinals of the WTA 1000 event. The victory marks the first time a Filipino woman has ever advanced to the final four of a WTA 1

Rohit Sharma, India's celebrated cricket captain, has cleared the air regarding his future in international cricket. Following the Champions Trophy 2025, where speculation about his retirement intensified, Rohit firmly addressed the rumors by confirming that he is not retiring from ODI cricket. His statement, delivered in his signature calm and composed manner, reassured fans and silenced gossip surrounding his career. Speaking after the Champions Trophy 2025 final, Rohit stated, "I

Carlos Alcaraz is setting his sights on becoming only the third man to win three consecutive Indian Wells titles, joining tennis legends Roger Federer and Novak Djokovic in this exclusive club. However, standing in his way could be none other than Djokovic himself, a five-time Indian Wells champion and potential quarter-final opponent.The ATP Masters 1000 tournament begins on Wednesday, running alongside the WTA 1000 event, with the world's top players converging in California’s des

Top-seeded American Emma Navarro delivered a flawless performance to clinch the WTA Merida Open title, securing a commanding 6-0, 6-0 victory over Colombian qualifier Emiliana Arango in the final. The dominant win marked Navarro’s second WTA title and her first-ever 500-level championship, achieved without dropping a single set throughout the tournament.Navarro’s victory set a new milestone in WTA history, making her the first player to win a final 6-0, 6-0 since Iga Swiatek defea

The Indian government is reportedly working on a Universal Pension Scheme, a voluntary initiative designed to provide retirement benefits to individuals across all sectors, including those in unorganised employment, traders, and self-employed individuals aged 18 and above. Unlike traditional job-based pension plans, this scheme will not be tied to any specific employment, making it accessible to a wider range of individuals.The Labour Ministry has already initiated discussions on the framewor

The National Pension Scheme (NPS) is a government-backed retirement savings initiative designed to provide individuals with long-term financial security. With its tax benefits and flexible investment options, NPS is an attractive choice for those looking to systematically build a pension corpus. One of the most convenient ways to contribute to NPS is through a Systematic Investment Plan (SIP), which allows individuals to invest small amounts regularly, ensuring a d

The Life Insurance Corporation of India (LIC) has launched the Smart Pension Plan, designed to provide financial security for retirees through structured annuity payouts. The plan offers a range of annuity options, ensuring flexibility and stability for policyholders looking for a steady income after retirement. With multiple features tailored to meet the needs of individuals at different life stages, the Smart Pension Plan provides long-term financial support.The

Denis Shapovalov claimed the Dallas Open title on Sunday, defeating Norway’s fifth-ranked Casper Ruud 7-6 (7/5), 6-3 for his third career ATP title. Shapovalov’s victory is a remarkable achievement, as he became only the fifth player since 2020 to eliminate the top three seeds on his way to an ATP title. His path to the title included wins over world number four Taylor Fritz in the second round and defending champion Tommy Paul in the semi-finals, showing the Canadian’s resi

Former tennis world number one Simona Halep announced her retirement on Tuesday after suffering a first-round loss at the WTA Cluj-Napoca tournament in her native Romania. The 33-year-old Halep was defeated 6-1, 6-1 by 72nd-ranked Italian Lucia Bronzetti."I don't know if it is with joy or sadness that I speak to you but I made this decision in my soul and conscience," Halep told the crowd. "My body no longer follows, but today I wanted to play and say my goodbyes on the cou

Spanish tennis star Carlos Alcaraz faced a tough challenge in his first match since his quarter-final loss at the Australian Open. In the opening round of the Rotterdam Open, the top seed battled against local hero Botic van de Zandschulp, ranked 81 places below him, to secure a hard-fought 7-6 (7-3), 3-6, 6-1 victory. The match lasted nearly three hours.Alcaraz admitted to feeling nervous at the start, which led to some early mistakes and allowed van de Zandschulp to take control of the matc

Ahead of their Davis Cup 2025 World Group I Playoff tie against Togo, Team India has made extensive preparations, ensuring that the squad is well-acclimatized and sharp for the upcoming matches at the DLTA Complex in New Delhi. The team, led by Captain Rohit Rajpal, consists of seasoned players like N Sriram Balaji, Ramkumar Ramanathan, and Mukund Sasikumar, alongside debutants Rithvik Bollipalli and Karan Singh. Captain Rajpal emphasized the importance of team cohesion and getting used to th

Retirement Planning: More Than Just Accumulating Wealth Retirement isn’t just about saving money, but ensuring it lasts through the years, considering inflation, medical expenses, and market fluctuations. A 2024 survey revealed that 68% of Indians aged 45-60 feel financially unprepared for retirement. The key to a secure retirement lies in managing investments wisely. The Reality of Retirement in India A large number of retirees

Ravindra Jadeja's recent Instagram story, where he posted a picture of his Test jersey, has led to widespread speculation among fans, with many wondering if the all-rounder is announcing his retirement from Test cricket. The post quickly went viral on X (formerly Twitter), with fans commenting on whether Jadeja’s time in Test cricket is coming to an end. Some fans even wished him a "Happy Retirement." This speculation comes after Jadeja retired from T20I cricket following

For many young people, managing bills and budgets can leave very little room for savings, but even small investments in tax-free schemes can significantly contribute to building a secure financial future. These investments act as a foundation for a solid tax strategy, offering benefits under the old tax regime with annual investment limits. Section 80C Under Section 80C of the Income Tax Act, you can invest in options like the Public Provident

Indian cricket team spinner R. Ashwin has announced his retirement from international cricket after the third Test match against Australia in Brisbane on Wednesday. Ashwin, who played a pivotal role in India’s rise to the top of Test cricket, made the announcement during a joint press conference with captain Rohit Sharma, after the game ended in a draw. Ashwin, with 537 wickets in 106 Test matches, is the second-highest wicket-taker for India, following only Anil Kumble's record of

Posani Krishna Murali, known for his controversial and offensive language during the YCP tenure, has announced his retirement from politics, citing personal reasons and the well-being of his family. Previously, Posani was vocal in his criticisms of political figures like Chandrababu Naidu and Pawan Kalyan, even making offensive remarks about Kalyan’s daughter. His remarks led to significant backlash, and during the YCP government’s five-year term, his verbal assaults became a recu

In a heartfelt announcement on social media platform 'X' (formerly Twitter), Spanish tennis legend Rafael Nadal declared his retirement from professional tennis on Thursday. The 37-year-old player, known for his remarkable achievements on the court, cited age and declining health as primary factors in his decision to step away from the sport. In his post, Nadal expressed gratitude to his teammates, coaches, family, and fans for their unwavering support throughout his illustr