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Co-pilot in FlyDubai incident is identified as Omani national Hamam al-Hammami

Gold and silver prices remained stable on October 3 in India, with slight fluctuations in both 24 and 22-karat gold rates. The MCX was closed, and gold traded above 1.49 lakh, with silver prices reaching 226,590/kg according to the IBA.

Debt mutual funds invest in fixed-income securities, appealing to conservative savers. Profits from funds purchased after April 1, 2023, are always taxed as short-term capital gains. But the rules change if you bought the units before that date. Check details.

A consortium of banks led by SBI has told the Bombay High Court that 8,751.86 crore remains recoverable from Vijay Mallya, despite 10,270 crore recovered so far. The disclosure counters Mallyas claim that lenders have recovered more than his outstanding dues.

Banks in India are open today, October 13, 2026, as it is the first Saturday. Scheduled closures occur on certain Saturdays and Sundays, limiting in-branch access. 

Mumbai airport changes from Oct 25: With the planned partial discontinuation of international services from October 25, IndiGo and Air India will have to cut 74 and 33 weekly overseas flights, respectively, from the Mumbai airport, said sources.

The January 2027 Dearness Allowance (DA) rate is pending confirmation, influenced by upcoming CPI-IW readings. 

Nvidia aims to establish its AI chips as durable assets for long-term financing, but Wall Street remains cautious, doubting their value over time. The company seeks to use GPUs as collateral to support AI developers, raising concerns regarding depreciation and lender protections.

Paramount Skydance CEO David Ellison says the combined company will retain Paramount and Warner Bros as distinct entertainment brands, while Skydance becomes its corporate identity as the $110 billion deal moves towards completion.

The IRDAI is scrutinising high commissions earned from mandatory motor insurance policies sold through dealers. Here's what the regulator's proposed fix means for dealers and buyers.

Nvidia's CEO, Jensen Huang, has a net worth exceeding $200 billion as his companys shares reached an all-time high of $237. Huang's fortune increased by $3.4 billion, positioning him as the seventh-richest person globally, driven by demand for AI chips and a significant buyback announcement.

Boeings 737 Max 10 certification is bolstered by the FAA's finding that a software glitch affecting certain flight computers doesnt pose a safety risk. 

The shift comes as whey protein, a key ingredient in conventional supplements, becomes more expensive. Industry executives said whey protein powder now costs more than 4,500 a kg, up from around 1,000 in 2023. 

A software glitch affecting Boeing Co. 737 Max aircraft was determined not to pose a safety risk by a Federal Aviation Administration panel, a positive outcome for the US planemaker seeking regulatory approval for the largest variant of the popular narrowbody family.