Business
Stop avoiding your bank balance and other ways to manage your money better
BBCWe’ve all looked at our bank account and wondered why we don’t have as much money as we thought we did, and suddenly, the bills, shopping and socialising begin to add up.
For many of us, our relationship with money is strained and dealing with financial matters leaves us feeling overwhelmed or stressed.
If you’re struggling to get on top of your finances, here are four ways to help you manage your money better.
1. Look at when you spend money
Getty ImagesSitting down and thinking about what actually drives you to spend money can help you stop destructive patterns, says journalist and author Anniki Sommerville.
When she previously worked in a very stressful corporate role, she bought new clothes everytime she achieved something difficult or challenging.
“I felt like I deserved to reward myself.
“I had this pattern of spending, which was like ‘you’ve done a really good presentation, now you deserve to buy yourself something.'”
Abigail Foster, a chartered accountant and author, says the easiest way to discover these kinds of habits is looking through your bank statements, to see when you spend the most.
“Is it late at night? Is it the weekends? I have friends that have really bad habits of when they’re bored on the train, they start buying things.”
Understanding these instincts, enables us to put in steps to prevent them.
“You can be better equipped to make an alternative decision and go, ‘Do you know what? I can just take a deep breath and not purchase something.'”
2. Spend an hour a week on your finances
Getty ImagesAnniki says when she was younger, she often felt scared to check her bank balance and avoided dealing with money as much as possible.
This kind of behaviour is often linked to our education, says Claer Barrett, consumer editor at the Financial Times.
“How we felt about maths in school, maybe that burning feeling of shame of not knowing the answer or putting your hand up to answer a question and getting it wrong, that can often make us feel like, I can’t do maths. So therefore, I can’t do money.”
“We should be really pushing on that door and trying to understand more about our financial situation.”
Abigail says the only way to do this is to force yourself to tackle it head on, setting aside a set amount of time each week to look at your bank account and all your outgoings.
“It’s a minimum of an hour a week.
“Just go through your finances and kind of be hit with it. It sounds a lot, but it can be really calming for your nervous system.”
Doing this will often throw up outgoings that you’ve forgotten, such as a subscription for a gym you haven’t been to in six months or a random app you’ve forgotten you’ve subscribed to, she says.
3. Don’t let jargon put you off – ask questions
Getty ImagesOften the terms associated with money can be offputting.
Claer says don’t let words like investing, scare you, instead take time to learn about them.
“Whether we’re talking about stocks and shares, or investing in a pension. We need to give ourselves every advantage financially,” she says.
“So being shy or feeling shameful, not asking these interrogating questions is the worst thing we can do.”
She suggests making a list of things you are unsure about, whether that’s consolidating pensions or asking for a pay rise at work, and slowly working through them.
Don’t be too hard on yourself if you’re just starting.
“We’re all a work in progress. I’ve got my financial to do list at the back of my diary. There are some things that have been on it for more than a year.
“That’s just life, but as long as I can try and do something every week towards making my financial situation a better place, that’s moving forward.”
4. Set up a freedom fund
Getty ImagesMany of us are already too stretched keeping up with the costs of everday living to even think about saving.
But for those who can afford to, Abigail suggests setting up a “freedom fund” to give you options when life gets difficult.
She recommends setting up an easy access account only in your name and not joint, and to put a portion of your income away every month.
Unlike an emergency fund pot for things like unexpected car and house repairs, a freedom fund is money designed to “make you happier.”
“So when a job no longer serves you, you can think ‘I’ve got some money sat away so I can go and look for something else.’
“Or if you want to leave a partner, that freedom fund can give you the ability to walk out.”
Business
Panel questions IndiGo, DGCA babus, gets ‘unconvincing’ replies | India News – The Times of India
New Delhi: IndiGo was quizzed on Wednesday by a parliamentary committee over the misery inflicted on passengers by its mass-cancellation of flights, but it blamed a variety of factors, including system glitch and adverse weather conditions, while DGCA and the aviation ministry parried off criticism of their role in the fiasco.Some committee members termed replies of different stakeholders as “unconvincing” and aimed at washing their hands of the crisis, encapsulated by the response of a govt official that he first came to know of the unfolding ordeal through media reports.The panel, headed by JDU’s Sanjay Jha, decided to wait for the report of an inquiry ordered by DGCA before coming to a conclusion and make its recommendation. It will hold another meeting and is expected to call these stakeholders again. The DGCA-ordered committee was constituted on Dec 5 and was asked to submit its report in 15 days.Captain Sam Thomas, president of Bengaluru-based Airline Pilots Association of India, created flutter at the meeting by alleging corruption in DGCA and was asked by members to refrain from making sweeping allegations without producing evidence. He alleged that one can commit any wrong, but stay safe if he touched right feet.A committee member said IndiGo, which has offered apology for the ordeal, was far from apologetic in its response before the panel. It told the panel that several factors combined to derail its operation, including a glitch in system, which needed rebooting, and adverse weather that had their pilots stuck in different zones.IndiGo was represented by its COO Isidre Porqueras, while officials of Air India, Akasa Air, Spice Jet and Air India Express appeared before the panel as well. Civil aviation secretary Samir Kumar Sinha and top functionaries of other stakeholders were part of the deliberations.Replying to a query, IndiGo said all luggage, except 52 which remained unclaimed, have already been delivered.The panel’s meeting came against the backdrop of the suspicion, subject of investigation, that IndiGo remained resistant to the implementation of guidelines (Flight Duty Time Limitation) that allowed more rest for pilots in line with global norms aimed at ensuring flyers’ safety.It has been accused of engineering the disruption, leveraging its market dominance, to force the ministry to roll back the regulation as implementing it would have required the airline to hire more pilots. Faced with chaos caused triggered by disruption of IndiGo’s operations, DGCA had to relax the implementation of the guidelines.IndiGo management is reported to have denied allegation in meetings with ministry.
Business
Historic Green Milestone: Indian Railways Achieve 99.2% Electrification, Leaves UK, Russia And China Far Behind
New Delhi: Indian Railways has reached a milestone in its journey toward sustainable transportation, achieving electrification of 99.2 per cent of its broad gauge network. This puts India ahead of major rail economies such as the United Kingdom, which stands at 39%, Russia at 52% and China at 82%, according to a press release from the Ministry of Railways.
The achievement brings the country closer than ever to operating a fully electrified railway system. Fourteen railway zones, including Central, Eastern and Northern Railways, have already achieved 100% electrification. In addition, 25 states and union territories have completed electrification across their rail networks.
Data provided in a written reply to the Lok Sabha highlights the rapid pace of this transformation. Between 2014 and 2025, India electrified 46,900 route kilometres, more than double the 21,801 route kilometres completed in the previous six decades.
In the past two years alone, 7,188 route kilometres were electrified in 2023-24 and 2,701 route kilometres in 2024-25.
The environmental benefits of this transition are major. Rail transport emits 89% less CO2 than road transport, and Indian Railways is complementing electrification with renewable energy initiatives. So far, 898 MW of solar power has been commissioned at 2,626 stations, reinforcing India’s commitment to a greener transportation network.
Electrification is advancing consistently across zones. The Central, East Coast, East Central, Eastern, Konkan Railway, Kolkata Metro, North Central Railway, North Eastern Railway, Northern Railway, South Central Railway, South East Central Railway, South Eastern Railway, West Central Railway and Western Railway have achieved full electrification.
Other zones, such as North Western, Southern, Northeast Frontier and South Western Railway, have crossed 95% electrification.
The progress is equally impressive state-wise as well. Most states are fully electrified, while Rajasthan, Tamil Nadu and Karnataka are nearing completion. In the North Eastern region, the broad gauge networks in Arunachal Pradesh, Meghalaya, Nagaland, Tripura and Mizoram have been 100% electrified, while Assam stands at 92%, with work underway to complete the remaining sections.
All new rail lines and multi-tracking projects are now being sanctioned with electrification integrated from the beginning. According to the Ministry of Railways, the completion timeline for electrification projects depends on factors such as forest clearances, relocation of utilities, statutory approvals, geological and topographical conditions, law and order situations and climatic constraints, which can affect progress at different project sites.
Beyond expanding connectivity, electrification is central to India’s sustainability agenda. The move to electric rail corridors is helping dramatically cut carbon emissions. For instance, transporting 1 tonne of freight over 1 km emits 101 g of CO2 by road, compared with just 11.5 g by rail, an almost eightfold reduction.
The Indian Railways aims for 100% electrification while contributing to the nation’s goal of net-zero carbon emissions by 2030. Every new rail project now includes electrification from the outset, ensuring that India’s railway system grows greener, more efficient and globally competitive.
Business
Medical supply firm Medline jumps more than 30% in debut after biggest IPO of 2025
Shares of U.S. medical supplies giant Medline jumped more than 30% in its debut on the Nasdaq on Wednesday after the biggest initial public offering of the year globally.
The stock opened at $35, up from its $29 IPO price.
The private equity-owned company sold a little over 216 million shares on Tuesday, raising $6.26 billion in an upsized offering that finished off a strong year for new listings and bolstered optimism about the IPO market in 2026. Shares of Medline will trade under the symbol MDLN.
That IPO pricing gives Medline a market value of at least $37 billion, based on the shares listed in its regulatory filings.
“Historically, we’ve done very little advertising, very little marketing, and this gives us a way to amplify our voice and actually expand really the receptivity of who we are,” Medline CEO Jim Boyle told CNBC’s “Squawk Box” earlier Wednesday. “We are the largest company you’ve never heard of, and we happen to be everywhere. And that’s a really interesting thing.”
The U.S. IPO market has held steady despite market volatility in the spring, driven by President Donald Trump’s sweeping tariffs, and the longest U.S. government shutdown in history in the fall. Just over 200 IPOs have priced this year, including Medline, which is the largest U.S. listing since Rivian‘s $13.7 billion deal in November 2021, according to data compiled by CNBC.
But Medline’s IPO is also among the biggest private equity-backed listings. Three private equity firms — Blackstone, Carlyle and Hellman & Friedman — acquired a majority stake in the company in 2021 for a whopping $34 billion. At the time, the deal was the biggest leveraged buyout since the financial crisis.
CEO Jim Boyle celebrates with others as medical supplies giant Medline (MDLN) holds it’s IPO at the Nasdaq stock market site in Times Square in New York, Dec. 17, 2025.
Shannon Stapleton | Reuters
Medline, founded in 1966, is based in Northfield, Illinois. The company manufactures and distributes roughly 335,000 different medical and surgical supplies — from gloves, masks and scalpels to wheelchairs. Medline has customers in more than 100 countries and, as of the end of 2024, employed more than 43,000 workers worldwide.
Medline’s total debt was around $16.8 billion as of late September 2025. The company raked in $25.5 billion in net sales in 2024.
Medline’s earlier plans to go public this year were postponed due to uncertainty around tariffs affecting products from Asia. The majority of the company’s products are sourced or manufactured in Asian nations, particularly China.
Medline expects a $150 million to $200 million hit from tariffs to income before taxes in fiscal 2026.
The company competes with names like McKesson and Cardinal Health.
— CNBC’s Gina Francolla contributed to this report
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