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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.
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.
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.
The push mirrors Meeshos affordability strategy, intensifying competition in Indias fast-growing value-commerce segment.
Demand is being driven by rising smartphone use and consumer AI applications such as OpenAIs ChatGPT and Googles Gemini.
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.
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.
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
The clarification comes shortly after bank unions deferred a three-day nationwide strike that was scheduled to take place from September 28 to 30
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.
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.
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.
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.
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.
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.
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.
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.
The launch marks the companys latest move to bring electric mobility technology to heavy-duty industrial applications traditionally dominated by diesel-powered equipment.
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.
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.
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.
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.
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.
The Income-tax Appellate Tribunal rejects the tax department's attempt to withhold statutory interest.
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.
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%.
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.
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.
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.
ICICI Life Insurance Company on Friday ( 2 October) appointed Sidharatha Mishra as managing director and CEO effective October 14, according to exchange filing.
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.
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.
EaseMyTrip founder and chairman Nishant Pitti said 'the past few days have hurt deeply' after the Patiala House Court in Delhi granted an interim injunction directing removal of publications he described as offending.
MSEs accounted for 53% of central government procurement in H1 FY27, well above the 25% mandate, with industry expecting procurement to pick up in the second half.
BSNL says tighter compliance requirements and higher financial disincentives could add to pressures it faces, making it harder to meet its public-service obligations and expand its network.
India's retail real estate market saw strong demand in Q3 2026, led by Delhi NCR, Hyderabad, and Mumbai, which accounted for 61% of gross leasing volume. Fashion and Food & Beverage dominated leasing activities, while future Grade A mall supply is expected to enhance retail space availability.
Anup Saha has been appointed CEO of Kotak Mahindra Bank for a three-year term starting January 1. He succeeds Ashok Vaswani, stepping down for personal reasons. Saha has over 30 years of experience, including a significant tenure at ICICI Bank, highlighting its role in producing banking leaders.
With 997 crore in cash and no debt, Jyothy Labs could use acquisitions to rebuild its portfolio after Henkel ended its Pril and Fa licensing deal. Instead, it is betting on new products and existing brands.
The Telangana Cabinet has approved the release of two pending DA instalments for employees and pensioners, adding 2,500 crore annually to the state's financial burden. Details here.

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