SENSEX
NIFTY
GOLD
USD/INR

Weather

image 34    C

Business News

Livemint

Business / Livemint

Work From Hills: WFH here may be cheaper than your city accommodation; check rates in Himachal Pradesh, Uttarakhand

Working remotely from hill stations in India may be cheaper than renting in cities. Various listings show monthly rates in Himachal, Uttarakhand, Sikkim and West Bengal.

3 Oct 2026 5:27 pm
Over 550 mn UPI users, 69 mn MF investors and 50 mn stock buyers why are millions still not investing? Report decodes

India's digital financial ecosystem has seen rapid payment growth, but investment in mutual funds and equities remains low. An EY report reveals a gap in participation despite over 550 million UPI users. Details here. 

3 Oct 2026 3:30 pm
Noel Tata on 250 cr investment for IIM Bangalore and why need of the hour is primary education

Noel Tata, chairman of Tata Trusts, announced a 500 crore investment in partnership with IIM Bangalore to create a premier undergraduate institution, prioritising early childhood education as essential to academic success, and revealed plans for 40 to 50 not-for-profit hospitals nationwide.

3 Oct 2026 2:53 pm
AI threat to financial advisors? It may make money advice cheaper, but what about jobs EY report answers

AI could democratise financial advice, bringing it to diverse investors across India, including women and younger generations. But what does it mean for the jobs of traditional advisors? A recent report answers that crucial question.

3 Oct 2026 2:29 pm
US-Iran war impact: Nayara Energy hikes fuel prices in India with immediate effect; petrol up by 5, diesel by 3

Pressure continues to mount on fuel retailers amid higher global energy prices, as Nayara Energy, India's largest private fuel retailer, has increased fuel prices with immediate effect. Petrol prices have been increased by 5 per litre, while diesel prices have risen by 3 per litre.

3 Oct 2026 1:56 pm
World's top 5 airlines: Where does Smit Machhar's Flydubai rank | All about Emirati government-owned company

Flydubai's recent Dubai-Tel Aviv flight faced a mid-air emergency when co-pilot attacked Captain Smit Machchhar, causing a rapid descent. Authorities labeled it a planned terrorist act. 

3 Oct 2026 1:18 pm
8th Pay Commission Arrear calculator: These employees could face losses of up to 3.32 lakh here's why

Central government employees await the Eighth Pay Commission's report, anticipated by 2027. Delays could lead to losses in arrears and allowances. Details here.

3 Oct 2026 12:54 pm
Co-pilot in FlyDubai incident is identified as Omani national Hamam al-Hammami

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

3 Oct 2026 11:18 am
Gold and silver price today, Oct 3: Check retail rates of 24K, 22K gold and 999 silver in your city ahead of Durga Puja

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.

3 Oct 2026 11:12 am
Think debt mutual fund gains are always taxed as short-term? Not if you bought them before this date

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.

3 Oct 2026 10:28 am
SBI-led consortium tells Bombay HC Mallya owes over 8,700 crore; counters his claim of recovering more than dues

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.

3 Oct 2026 10:19 am
Bank holiday today, October 13: Are SBI, HDFC Bank, and other banks closed on Saturday?

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. 

3 Oct 2026 10:11 am
Mumbai airport changes from Oct 25: Over 200 weekly international flights to be cut, says report what flyers must know

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.

3 Oct 2026 10:01 am
DA hike 2027: Dearness Allowance may rise to 67% from January | How much more could employees get?

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

3 Oct 2026 9:40 am
Cancellation OTPs, fake offers, and urgent pleas: How scammers are using tactics to defraud people and how to stay safe

From fake promotional offers and cancellation OTPs to urgent calls from strangers, cyber fraudsters are finding new ways to trick even well-educated people. Heres how scammers exploit fear, stress and urgency, and what you can do to protect yourself from financial fraud.

3 Oct 2026 8:38 am
Nvidia wants AI chips to become fungible asset, but Wall Street isnt convinced yet | Here's why

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.

3 Oct 2026 8:37 am
Paramount-Warner Bros merger: David Ellison names combined company Skydance

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.

3 Oct 2026 8:28 am
Buying new car? Your motor insurance dealer may earn up to 38% commission - what IRDAI's proposed fix means

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.

3 Oct 2026 7:41 am
Jensen Huang's net worth crosses $200 billion, becomes world's 7th-richest person as Nvidia shares hit record

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.

3 Oct 2026 7:25 am
Boeing 737 Max 10 certification gets boost as FAA says 'software glitch not a safety issue' | 4 key things to know

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. 

3 Oct 2026 6:50 am
Yeast protein gains ground as brands seek alternatives to costly whey

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. 

3 Oct 2026 5:50 am
E-commerce platforms lean into affordability this festive season

The push mirrors Meeshos affordability strategy, intensifying competition in Indias fast-growing value-commerce segment.

3 Oct 2026 5:40 am
Data centre pre-leasing doubles amid rising AI demand

Demand is being driven by rising smartphone use and consumer AI applications such as OpenAIs ChatGPT and Googles Gemini.

3 Oct 2026 5:30 am
Equity mutual funds: September 2026 returnshow did large, mid, small and flexi-cap fare over 3, 5 and 10 years?

September 2026 was a challenging month for equity mutual funds, with all four major categories seeing declines. But a look beyond the monthly numbers reveals a different picture, with notable differences in how large-, mid-, small-, and flexi-cap categories have performed over longer periods.

3 Oct 2026 1:06 am
Boeing 737 Max Glitch Found Not to Be Safety Issue by FAA

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.

3 Oct 2026 12:42 am
Switching to an electric vehicle: What you need to know about ev insurance

EVs rely on expensive components such as high-voltage battery packs, electric motors and sophisticated electronic systems. Repairs involving these components may require trained technicians, specialised tools and dedicated facilities, potentially increasing the cost of a claim

3 Oct 2026 12:13 am
All Saturdays declared bank holidays? PIB Fact Check debunks fake notification

The clarification comes shortly after bank unions deferred a three-day nationwide strike that was scheduled to take place from September 28 to 30

3 Oct 2026 12:08 am
Earning in dollars? New FEMA rules from October 1: How freelancers and YouTubers need to file EDF declaration with banks

A new RBI rule from 1 October changes how service exporters receiving overseas payments must report their earnings. Freelancers, creators and other professionals may need to take an additional compliance step through their bank. Heres what you need to know.

3 Oct 2026 12:01 am
Fuel inflation explained: How changes in petrol, CNG, LPG and PNG prices could affect your household budget

Fuel inflation can affect household budgets differently, depending on the fuel used for cooking and commuting. The latest Finance Ministry report shows how inflation in LPG, PNG, petrol, diesel, and CNG has changed over the last few months. Heres what the numbers mean for your expenses.

2 Oct 2026 11:06 pm
Class 9 students to study personal income tax: How NCERT is teaching financial literacy at a young age

A chapter outlines step-by-step procedures to compute total tax liabilities using the new tax regime, deliberately omitting references to the old tax regime.

2 Oct 2026 10:58 pm
Swiggy 'cost for two' misleading? What Delhi consumer court's 1 lakh order means for diners

A Delhi consumer court directed Swiggy and a restaurant to pay 1 lakh as compensation over unfair trade practices. The order was passed by a three-member bench as per LiveLaw.

2 Oct 2026 10:42 pm
Invested in gold, silver, debt or equity ETFs? Check how capital gains tax maths differs across these mutual funds

Gold, silver, equity and debt ETFs do not face the same tax treatment when you sell. The holding period, type of ETF and size of gains can affect how much tax you pay. Heres a look at the key rules and how the tax maths works for each category.

2 Oct 2026 10:30 pm
Skyroot Aerospace CEO Pawan Kumar Chandana named in TIME100 Next 2026- Who is he? All about Elon Musk of India

Pawan Kumar Chandana, Skyroot Aerospace co-founder and CEO, has been named in TIME100 Next 2026. Know his ISRO career, education and Vikram-1 journey.

2 Oct 2026 10:20 pm
International mutual funds: Check fresh SIP and lump sum investment options; one PGIM scheme to reopen on October 8

International mutual funds are again seeing investment restrictions change within days. While lump-sum investment options remain limited, some funds continue to accept SIPs, subject to specific conditions. Heres what has changed and why these funds keep opening and closing.

2 Oct 2026 9:47 pm
Delhi ITAT ruling: How relatives airline job cleared businessman of tax penalty on foreign currency found in raid

The case highlights the importance of establishing ownership and the source of cash or foreign currency found during an income tax search through credible, corroborated evidence.

2 Oct 2026 9:31 pm
From cars to mining trucks BEMLs 60-ton electric mining truck marks Indias EV shift into heavy industry

The launch marks the companys latest move to bring electric mobility technology to heavy-duty industrial applications traditionally dominated by diesel-powered equipment.

2 Oct 2026 8:44 pm
Should you invest in Nifty 50 equal weight index mutual funds now? This 12-month ratio can help you decide

Nifty 50 Equal Weight Index Funds give investors balanced exposure across large-cap stocks. But with all funds in the red over the past year, should you invest or not? A simple indicator may help investors assess which strategy could suit the current phase.

2 Oct 2026 8:32 pm
Anthropic warns government views of its AI could affect business ahead of IPO

Anthropic has warned that government attitudes towards the company and its AI technology could hurt its business, including relationships with customers and partners, as it prepares for a potential IPO that could value it at $2 trillion.

2 Oct 2026 8:27 pm
Global Health expands Delhi-NCR footprint with upcoming Medanta hospital in Ghaziabad- details inside

Global Health, the parent corporate entity that owns and operates the Medanta hospitals, has now acquired a new land in Ghaziabad as a part of their expansion in Delhi-NCR region. Here's what you need to know.

2 Oct 2026 8:08 pm
Bank of Baroda enters pension fund business as PFRDA targets 4 crore new NPS subscribers

Bank of Baroda enters the pension fund business as PFRDA targets up to 4 crore new NPS subscribers in the next two to three years.

2 Oct 2026 7:36 pm
Top 10 mutual funds by AUM: Which schemes are beating their benchmarks on 1-, 3-, and 5-year CAGR returns?

The biggest mutual funds by AUM do not necessarily deliver similar performance against their benchmarks. A comparison of their 1-, 3-, and 5-year CAGR shows how different schemes have fared across these periods. Heres what the numbers reveal for investors.

2 Oct 2026 7:34 pm
Relief for taxpayers: Made a mistake in your income tax return? You still get your refund interest, rules ITAT

The Income-tax Appellate Tribunal rejects the tax department's attempt to withhold statutory interest.

2 Oct 2026 7:27 pm
David Ellison reveals new name for Paramount-Warner Bros. Discovery company: Skydance

The announcement comes less than two weeks after Paramount settled an antitrust lawsuit with a group of state attorneys general that sought to block the $110 billion merger.

2 Oct 2026 6:46 pm
SBI leads demand, snaps up 40% of Reliance Industries 13,000 crore bond issue

The state-run bank is estimated to have bought bonds worth nearly 50 billion rupees, or about 40% of the offering, they said. The bonds were rated AAA by rating agencies Crisil and CareEdge, and carried an annual coupon of 7.90%.

2 Oct 2026 6:27 pm
Meet Sudhakar Malli, RBI's new Executive Director and banking supervision veteran

Malli is a career central banker with around three decades of experience, including more than two and a half decades in the supervision of banks, non-banking financial companies and co-operative banks.

2 Oct 2026 5:58 pm
Wipro breaks ranks with IT peers, gives junior staff 180 days on bench: Where do TCS, Cognizant, Infosys stand?

Wipro has taken a different approach to bench management in Indias IT industry, giving junior and mid-level employees up to six months to find a new billable assignment.

2 Oct 2026 5:52 pm
NPS Retirement Income Scheme: How payouts work, what happens to annuity and where corpus is invested

The Retirement Income Scheme allows NPS subscribers to receive regular payouts from the designated portion of their corpus. Check how the payouts will work, what happens to the mandatory annuity portion, and how the corpus will be invested. 

2 Oct 2026 5:33 pm
ICICI Life Insurance appoints Sidharatha Mishra as MD, CEO from October 14 - Who is he?

ICICI Life Insurance Company on Friday ( 2 October) appointed Sidharatha Mishra as managing director and CEO effective October 14, according to exchange filing.

2 Oct 2026 5:25 pm
ESOPs as part of salary: When should Indian employees of foreign companies declare these shares in ITR?

ESOPs do not attract tax liabilities immediately after being granted to an employee as part of their compensation package. Here's when you should report them in your ITR.

2 Oct 2026 3:36 pm
New rules for ATMs, UPI, NPS, and LPG: 5 big October 2026 money changes to impact your finances and banking

Starting October 1, new financial rules affect payments, savings, and budgeting. UPI MDR charges commence on October 15 for certain transactions. SBI alters BSBD account fees and KYC becomes mandatory for LPG consumers. 

2 Oct 2026 3:06 pm