SENSEX
NIFTY
GOLD
USD/INR

Weather

image 31    C

Business News

Livemint

Business / Livemint

Peak XV sees Indias next big bets in wealth, wellness and premium consumer businesses

Peak XV Partners sees Indias next investment wave moving into wealth, insurance, specialized healthcare and premium consumer categories as incomes and markets deepen.

15 Sep 2026 9:38 am
Oracle Layoffs: Severance package for US employees include 4 weeks pay, plus 1 week for every year worked

Oracle is offering recently laid-off US employees four weeks of base salary, plus another week for every year of service. The package appears less generous than severance plans offered by some Big Tech rivals.

15 Sep 2026 9:32 am
EPF Scheme 2026 allows temporary PF contribution cuts for 3 months during a crisis; What employees should know

The EPF Scheme 2026 allows the government to temporarily reduce or defer employee and employer PF contributions for up to three months during a pandemic, endemic or national disaster. 

15 Sep 2026 9:04 am
8th Pay Commission: How much will salaries rise if fitment factor is 3.83 or 4.0? Check calculations

8th Pay Commission salary hike explained: Here's how much basic pay for central government employees will increase under fitment factors of 3.83 and 4.0, with examples across pay levels.

15 Sep 2026 7:24 am
Can a daughter inherit fathers ancestral property after mother remarries? Madras High Court gives key ruling

The Madras HC has ruled that a mothers remarriage cannot by itself deprive her daughter of inheritance in her late fathers joint family property. The court said the old legal disqualification applied to the remarried widow only.

15 Sep 2026 7:04 am
Indias space boom is creating a new business for lawyers

As private companies, investors and foreign players enter Indias space sector, regulatory complexity around capital, technology, exports and national security is driving demand for specialized legal advice.

15 Sep 2026 6:31 am
Tata, Adani, Reliance triple their EV charging points in 3 years

The number of EV charging points installed by these three groups has grown 21% from FY25, when the cumulative was 15,651 and by 67% from FY24, when their total was 11,356. From the total of 5,438 in FY23, the network has grown 280%.

15 Sep 2026 6:00 am
Young investors are driving next disruption wave in broking: Z47

The shift is being driven by two forces working in tandem: technological evolution and generational change, says Anish Patil, an investor at Z47.

15 Sep 2026 6:00 am
FSSAI scrutiny puts food startup claims under investor microscope

Investors are digging deeper into ingredients, lab tests and supply chains as weak product claims increasingly threaten to derail deals.

15 Sep 2026 5:50 am
PE majors eye Orbicular Pharma stake, valuation seen up to $1.5 bn

Private equity firms such as Warburg Pincus and CVC Capital Partners have evinced interest in Orbicular Pharma as the specialty pharma firm explores a stake sale in a deal that will likely value the company up to $1.5 billion.

15 Sep 2026 5:30 am
German Minister Has Constructive Orcel Talk on Commerzbank

German Finance Minister Lars Klingbeil gave a cautiously positive readout from his meeting with UniCredit SpA Chief Executive Officer Andrea Orcel in which he outlined the demands he wants the Italian lender to respect once it controls Commerzbank AG.

15 Sep 2026 12:30 am
Hong Kong: This Indian couple prefers to live in 'world's most expensive city' to save more money; here's how

Despite the high cost of living in Hong Kong, Sharma and her husband manage their finances effectively, benefiting from higher incomes and lower tax rates. 

15 Sep 2026 12:23 am
Multi-asset funds' AUM grew 487% in 3 years vs 115% for flexi-cap: Should you invest in one or both for diversification?

Multi-asset funds saw AUM surge 487% to 2.07 lakh crore in three years, compared with 115% growth for flexi-cap funds. But should investors hold both, switch to multi-asset or choose only one? Experts explain the key factors to consider.

15 Sep 2026 12:07 am
Customer discount, lower prices, employee 401(k) contribution, share with vendors: How US firms are using tariff refunds

US companies are using funds got from the tariff refunds to offer sale deals, customer discounts, lower prices, and make employee 401(K) contributions, besides sharing the temporary windfall with vendors. 

15 Sep 2026 12:00 am
In HDFC Bank CEO race, ICICI Life Insurance veteran is frontrunner: Who is Anup Bagchi?

HDFC Bank said its board has forwarded two names recommended by the banks governance, nomination and remuneration committee.

14 Sep 2026 11:51 pm
HDFC Bank proposes Kaizad Bharucha and Anup Bhagchi as CEO candidates to RBI, reports reveal Here's all we know

HDFC Bank has proposed two CEO candidates to the RBI: Kaizad Bharucha, Deputy MD, and Anup Bagchi, MD of ICICI Prudential. This follows incumbent Sashidhar Jagdishan's decision to step down at end of term in October.

14 Sep 2026 11:43 pm
Gold has delivered 23% returns since 2019: Why investors should factor in inflation when estimating future returns

Gold has delivered strong returns in recent years, but its long-term history shows that investors may also face extended periods of subdued performance. Heres what the latest data suggests about golds return potential and how investors can estimate long-term returns by factoring in inflation.

14 Sep 2026 11:16 pm
Today is your last working day: Oracle starts fresh layoffs as artificial intelligence spending rises

Oracle is reportedly initiating another round of job cuts, affecting several employees. Notification emails indicated immediate terminations due to organisational changes. 

14 Sep 2026 11:05 pm
Centre tells banks no charges on RuPay debit card payments or UPI transactions up to 2,000

The Finance Ministry, in a notification issued on Monday, specified that banks and PSPs cannot impose charges on RuPay debit card payments or UPI transactions up to 2,000 in value. Here's all we know.

14 Sep 2026 10:17 pm
Who is Kaizad Bharucha? HDFC's Deputy Managing Director, who is among frontrunners to succeed CEO Sashidhar Jagdishan

CEO, MD Sashidhar Jagdishan will retire on October 26, 2026 with no wish for reappointment. Reportedly, HDFC Bank has sent two names of candidates among which one will selected for the post.

14 Sep 2026 10:13 pm
Foreign assets disclosure scheme 2026: What taxpayers with unreported overseas crypto should know

FAST-DS 2026 allows eligible taxpayers to voluntarily disclose certain undisclosed foreign assets and income. But can it cover unreported overseas crypto? The rules depend on where the crypto is held, how it was acquired and whether the taxpayer meets the schemes conditions.

14 Sep 2026 10:05 pm
When to ignore personal finance advice, however convincing it sounds: 5 checks to run before investing your savings

Investing requires careful evaluation, warns Srikanth Matrubai, founder and CEO of SRIKAVI WEALTH. He gives 5 rules for personal finance.

14 Sep 2026 9:57 pm
Coforge tasks Egon Zehnder to find independent director as next board chair

Coforge has hired Egon Zehnder to find two independent directors and a new chair after OP Bhatt and DK Singh resigned amid governance concerns. The company said the board turmoil will not affect business, highlighting strong large-deal momentum and its AI-led growth strategy.

14 Sep 2026 9:24 pm
Buying a 3 lakh iPhone every 3 years? Know the monthly SIP you need, resale benefit and when EMI makes sense

A premium phone upgrade can become a planned financial goal instead of a sudden expense. Here's how much you may need to set aside every month, how resale value can lower the burden and what to consider before choosing an EMI.

14 Sep 2026 9:00 pm
Delhi Building Workers Health Scheme: Eligibility, key benefits, coverage and implementation, explained

Delhi Building Workers Health Scheme: The Delhi LG has approved the health scheme for registered building and other construction workers and their eligible dependent family members. Here's all we need to know 

14 Sep 2026 8:55 pm
Power of compounding: First crore takes time, then your money blooms; how your lump sum and SIP investment jump ahead

Compounding transforms 30 lakh invested over 30 years into 5.23 crore, with the first crore achieved after 13 years. Check how your investment, lump sum or SIP, jumps because of the power of compounding.

14 Sep 2026 8:38 pm
Delhi HC rejects Vimal Elaichi makers plea against FDA notices to SRK, Ajay Devgn, Tiger Shroff

The Maharashtra FDA had issued show-cause notices to Shah Rukh Khan, Ajay Devgn and Tiger Shroff over their appearance in the Vimal Elaichi advertisement. The regulator alleged that the campaign indirectly promotes pan masala, a product prohibited in Maharashtra.

14 Sep 2026 7:53 pm
8th pay commission: How much salary hike would fitment factor of 2.57 or 3.83 give central govt employees?

The 8th central pay commission's recommendations are expected to benefit over 1 crore central government employees and pensioners. Check how much salary hikes they can likely get from fitment factor of 2.57 or 3.83.

14 Sep 2026 7:36 pm
Top 10 small-cap mutual funds: Which schemes delivered high returns with relatively lower risk?

Small-cap funds have seen strong investor interest, but returns and volatility have varied sharply across the largest schemes. The top 10 funds by AUM are compared to see which delivered the strongest three-year and five-year returns and how their volatility stacked up.

14 Sep 2026 7:28 pm
DA update: How is dearness allowance calculated? Here's why there is demand for change in the formula

DA update: Today, we explain how dearness allowance is calculated for central government employees and pensioners; and why the All India Defence Employees Federation is demanding that the formula be updated.

14 Sep 2026 6:18 pm
Jio, Airtel vs Vi: What are the alleged MNP malpractices committed by Vodafone Idea under TRAI lens?

The allegations relate to customer acquisition through mobile number portability. MNP allows users to change their telecom operator while keeping the same mobile number.

14 Sep 2026 5:54 pm
CPI inflation rises to 4.82% in August 2026: Which everyday items became costlier and which got cheaper?

Indias retail inflation rose to 4.82% in August 2026, while food inflation climbed to 5.95%. But the impact was uneven across products, with some everyday essentials seeing sharp price increases while others became cheaper. Heres what changed.

14 Sep 2026 5:15 pm
At just 15%, low taxes offset Hong Kongs high cost of living for this NRI couple

This couple unpacks the paradox of living in Hong Kong, where high expenses meet a lucrative job market.

14 Sep 2026 5:01 pm
EPFO now on WhatsApp: View PF balance, last five transactions, track claim status Here's how members can join

The Employees Provident Fund Organisation has launched WhatsApp services for members. Notably, at the time of writing, the channel already had 75,000 members. Here's how to join and what services are offered.

14 Sep 2026 4:28 pm
Mint Explainer | Why counterfeit drugs are getting harder to detect in India

Fake cancer drugs, vaccines and other life-saving medicines are surfacing in a growing counterfeiting problem, raising concerns over consumer safety and regulatory safeguards.

14 Sep 2026 4:13 pm
Should I take the life insurance cover sold with home loan?

Home loan insurance can protect your family from the burden of repayment, but borrowers must choose between flat and reducing coverand consider whether a separate term plan offers better protection.

14 Sep 2026 3:21 pm
RBI proposes 60-day limit on bank account holds in cyber fraud cases: What customers need to know

RBI has proposed a 60-day outer limit for temporary debit holds on bank accounts or transactions suspected of being linked to cyber fraud. Customers would get 20 days to explain suspicious transactions, while banks would have fixed timelines for review and police referrals.

14 Sep 2026 3:20 pm
PF claim delayed? You may be eligible for additional interest if settlement exceeds this period

Delays in provident fund claims may yield additional interest for members as witnessed in a recent Mumbai Consumer Commission ruling concerning a retiree's delayed PF settlement. Here's what to do if your claim has been delayed too.

14 Sep 2026 2:58 pm
Inside Nvidia's exit interviews: Why CEO Jensen Huang doesn't hold back on startup dreams

Jensen Huang counsels outgoing staff with a mix of blunt business critique, personal concern, and, in some cases, subsequent financial backing, according to a report. 

14 Sep 2026 2:51 pm
Ahead of festive season, Amazon goes big on operations network expansion, to add 150 delivery stations

Amazon India has announced its biggest-ever operations network expansion ahead of the festive season, including 20 fulfilment centres, six sort centres and 150 delivery stations. The company will also create 1.6 lakh temporary jobs to meet the anticipated surge in demand.

14 Sep 2026 2:18 pm
Land acquired by the government? ITAT says interest on enhanced compensation may be exempt from tax

The ITAT Rajkot has ruled that interest awarded on enhanced compensation for compulsory acquisition of agricultural land can qualify for tax exemption. The ruling could matter for landowners who receive enhanced compensation and interest after their agricultural land is acquired.

14 Sep 2026 1:56 pm
InsuranceDekho co-founders Ankit Agrawal, Ish Babbar express intent to step down

InsuranceDekho just completed one of the largest mergers in the segment with RenewBuy and is headed for a public listing over the next year.

14 Sep 2026 1:33 pm
Your car insurance claims got rejected? These common mistakes could be the reason

An expired driving licence, inaccurate policy details or even bundling an old dent with a new accident can complicate a motor insurance claim. Heres what car owners should know before filing one.

14 Sep 2026 1:32 pm
How much tax should an investor pay on 3 lakh profit from shares or mutual funds? Check calculations

Investments in stocks and mutual funds can lead to capital gains tax, though the liability depends on whether gains are short-term or long-term, the duration of asset holding, among other factors. Check how much tax you need to pay on 3 lakh profit. 

14 Sep 2026 1:19 pm
Hyderabad's GCC expansion overtakes Bengaluru, emerges as key driver of real estate demand poised for big leap by 2029

Hyderabad has overtaken Bengaluru in terms of GCC growth, narrowing the gap with 70 additions in a year. Let's find out what it means for real estate landscape.

14 Sep 2026 1:14 pm
Tata Steel taps Lloyds Metals JV to develop, operate manganese mine in Odisha

Tata Steel has stepped up its partnership with Lloyds Metals as it looks to secure access to key raw materials and strengthen its mining and steelmaking operations.

14 Sep 2026 12:59 pm
Motilal Oswal Nasdaq Q50 ETF jumps 41% in a week even as underlying US stocks fall. What is happening?

The Motilal Oswal Nasdaq Q50 ETF surged 41% in a week even as the value of its underlying US stocks fell 2.6%, with its market price moving far above its NAV. The unusual premium has widened amid limited supply of ETF units and a recent change in SEBIs price-band rules.

14 Sep 2026 12:54 pm
The claim settlement playbook: from filing to final payout

A promise by a life insurance company for financial protection is put to the test at a difficult timefollowing the death of a loved one, when the family must navigate the claims process, often for the first time. Here is what nominees need to do at each step to ensure a smoother settlement.

14 Sep 2026 12:53 pm
Health insurance portability: How underwriters filter out the policyholders who need it most

Portability was meant to keep insurers honest by keeping the exit door open. The door exists but for the old, the ill, and the recently hospitalised, someone is still standing in the way.

14 Sep 2026 12:51 pm
Macquarie Asset buys stake in Maple InVIT from La Caisse, infuses $450 mn

This comes against the backdrop of India emerging as one of the worlds largest and most diverse transport networks, with a road network extending around six million kilometres.

14 Sep 2026 11:43 am