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Business / Livemint

Bank holiday today: Are banks closed for Valmiki Jayanti, Kumar Purnima on October 7? Check full schedule here

Banks in Bengaluru, Bhubaneshwar, and Chandigarh will be closed today for Maharishi Valmiki Jayanti and Kumar Purnima. October 2025 has 21 official bank holidays, including Diwali and Dussehra Check details here.

7 Oct 2025 6:34 am
Why music rights violation is a much bigger risk to a film than thought

Ilaiyaraaja's legal battle shows producers may have to face significant repercussions if found guilty of copyright infringement. The Madras High Court last month restrained Mythri Movie Makers from using Ilaiyaraajas songs in the movie, and the movie was taken down from Netflix briefly.

7 Oct 2025 6:00 am
US sanctions-hit Russian energy giant in talks for LNG terminal at Kakinada port

Gazprom, a Russian state-owned energy firm under US sanctions, is in talks to invest $600 million to build an LNG terminal at Kakinada port. But will this hurt already souring India-US ties?

7 Oct 2025 6:00 am
From scale to innovation: What India needs to compete in a fragmented world

At the Mumbai chapter of the Mint Leadership Dialogues 2025 Season 2, industry and investment leaders debated Indias potential amid global realignments and the China plus one narrative.

7 Oct 2025 5:30 am
Should you consider upgrading to a premium credit card this Diwali?

If you are contemplating upgrading to a premium credit card this festive season, you should consider an array of factors that are listed below

6 Oct 2025 8:19 pm
How to build a sustainable credit score that lasts a lifetime?

A high credit score (above 720) means the applicant is trustworthy and the lender can comfortably offer huge amount of loan on convenient terms. Here we share some tips to build sustainable credit score over a lifetime

6 Oct 2025 7:31 pm
Fifth Third Bancorp to acquire Comerica in $10.9 billion all-stock deal

Fifth Third Bancorp will acquire Comerica in a $10.9 billion all-stock deal, creating one of the largest banks in the US by assets.

6 Oct 2025 6:49 pm
Ozempic maker Novo Nordisk to lay off up to 150 people in India as part of global cuts

The Danish drugmaker plans to cut 9,000 jobs or 11% of its workforce, which would save it 8 billion Danish krone ($1.25 billion) annually.

6 Oct 2025 6:21 pm
A new fund category lets investors profit even when markets fallheres how it works

Sebis newly launched Specialized Investment Funds (SIFs) let fund managers profit from both rising and falling markets using long-short derivative strategies. But are they right for you?

6 Oct 2025 5:31 pm
How often you traveland where youre basedcan decide your tax residency

An overseas traveller has to meet certain conditions to be considered an Indian resident for tax purposes. Mint explains:

6 Oct 2025 4:57 pm
Mint Explainer | India's electronics ambition: Can the ECMS help it challenge global manufacturing giants?

The Electronics Components Manufacturing Scheme (ECMS) has seen overwhelming interest. But India must overcome critical challenges to move beyond assembly and build a world-class components ecosystem.

6 Oct 2025 4:53 pm
5 common personal loan scams every borrower should watch out for

Personal loan scams are rising with fake apps, phishing, and upfront fee frauds. Borrowers must stay alert, verify lenders, and protect financial data to ensure safe credit access.

6 Oct 2025 4:29 pm
Sunscreens face a reality checkIndian skin tones take the spotlight

Indias first-ever sunscreen testing standards factor in the countrys diverse skin tones using a more accurate classification system. The new rules aim to ensure SPF and UV claims in sunscreens are accurate, helping consumers pick products that truly suit their complexion.

6 Oct 2025 3:52 pm
US pharma giant Eli Lilly to invest over $1 billion in India Heres what it means

Eli Lilly plans to invest over $1 billion in India to bolster the company's manufacturing and supply capacity by collaborating with local drugmakers. This investment aims to increase the availability of key drugs for treatments of obesity, diabetes etc. 

6 Oct 2025 3:47 pm
Personal loan: From home renovation to wedding, THESE are some common reasons to borrow money

It is acceptable to take out a personal loan for a variety of purposes including wedding, higher education, emergency and home renovation

6 Oct 2025 3:02 pm
Welcoming a baby? Discover the hidden costs and how to budget for them effectively

Pregnancy and early childcare drastically increase household expenses, requiring couples to budget 2.5-3 lakh for maternity and boost monthly spending by 20-30%. Financial planning, insurance review, and starting long-term education savings early are crucial.

6 Oct 2025 2:12 pm
Presidential Gifts: 10K note gets highest bid for 18.50 lakh; auction on till 15 Oct. See details

Presidential Gifts Auction: 10K specimen note has received 73 bids. While the base price is 5,000, it has received the highest quoted price of 18.50 lakh.

6 Oct 2025 1:55 pm
Will RBIs push for bank-funded acquisitions turn private credit's feast into famine?

Banks with their lower cost of funds will have the advantage of lower pricing, something that private credit funds cannot compete with, experts said, adding that the latter will also then have to look at what value proposition they offer clients.

6 Oct 2025 1:46 pm
Does buying an iPhone 17 on EMI impact your credit score? Heres the truth

Buying an iPhone 17 on EMI can influence your credit score based on timely repayments, credit utilisation, and financial discipline, affecting your overall creditworthiness and future borrowing capacity.

6 Oct 2025 1:37 pm
Why are Indias spectrum auctions not yielding much? Inventory overhang, fewer players, tepid 5G offtake

As India gears up for its next telecom spectrum auction, sluggish demand is emerging as a concern. Heres whats driving the tepid interest, why its worrying the government, and what fixes the telecom regulator is weighing.

6 Oct 2025 12:04 pm
Why demat nomination is crucial for securing your family's future

Life is unpredictable. This one small step today can prevent your hard-earned wealth from becoming inaccessible to your loved ones tomorrow.

6 Oct 2025 11:39 am
Zomato launches NPS Model for gig workers in partnership with HDFC Pension

Zomato partners with HDFC Pension to launch the NPS Platform Workers Model for its delivery partners, allowing them to contribute to a pension fund for long-term financial security.

6 Oct 2025 11:19 am
Dont let festive spending drain your credit score; heres what to do

The festive season is the best time to buy consumer durables, gadgets, etc. Merchants and banks offer discounts and cash back. Use credit cards to make the most of card-specific offers. Timely credit card bill payment/personal loan EMI payments help build/maintain a good credit score.

6 Oct 2025 11:04 am
Bihar Mukhyamantri Mahila Rojgar Yojana next instalment date, eligibility: Check these things if your money is stuck

Here is everything you need to know about the Bihar Mahila Rojgar Yojana that gives women 10,000 as financial assistance.

6 Oct 2025 7:05 am
Bank holiday today: Are banks closed today on October 6 for Laxmi Puja? Check full schedule here

Banks in Agartala and Kolkata will be closed today, October 6, for Laxmi Puja. There are multiple bank holidays this week, due to regional celebrations and RBI mandates. October 2025 has 21 official bank holidays.

6 Oct 2025 6:32 am
TV business is shrinking. Then why are broadcasters launching new channels?

Broadcasters like Zee and Sony are targeting niche audiences in regional markets to attract advertisers. They are betting on engaging regional viewers and filling gaps in the market, even as traditional TV faces competition from digital platforms.

6 Oct 2025 5:45 am
Flagship farm scheme set to open wider for agritech firms, farmer groups

The Union government plans to ease eligibility rules under its flagship agriculture scheme to enable more agritech startups, farmer producer organizations, and private companies to access subsidies.

6 Oct 2025 5:35 am
Struggling carmakers Skoda, Honda, Renault and Nissan chalk revival plans in India

Several foreign car manufacturers in India are introducing new models to revive their struggling businesses as sales decline.

6 Oct 2025 5:30 am
AR you joking? Augmented-reality creators out-earn IIT grads with simple skills.

While select IIT graduates bag annual salaries of 25-30 lakh from the likes of Nvidia and Intel this year, these digital creators can earn that much every few months. Chances are you're familiar with their work.

5 Oct 2025 6:40 pm
Locking in higher returns: Why now is a good time for debt investment

Despite the Reserve Bank of India's recent rate cut, prevailing yield levels in the government and corporate bond markets have been rising, making current price levels more appealing for fresh debt investments.

5 Oct 2025 4:45 pm
REITs let you invest as little as 200 in commercial real estate. But should you?

Real estate investment trusts, relatively new in India, have offered regular albeit varying periodic income to their unitholders and have already seen some ups and downs. Here's all you need to know about investing in them.

5 Oct 2025 4:44 pm
Bank holidays next week: Are banks closed for Laxmi Puja, Kumar Purnima, Karva Chauth from Oct 6-12? Check full schedule

Banks across multiple cities in India will have holidays next week due to festivals and celebrations such as Laxmi Puja and Karva Chauth. October 2025 officially has 25 bank holidays, including weekly offs.

5 Oct 2025 8:11 am
'Your Money, Your Right': Nirmala Sitharaman launches nationwide campaign on unclaimed financial assets What is it?

A nationwide initiative titled 'Your Money, Your Right' launched on October 4, 2025, aims to assist citizens in recovering unclaimed assets. The campaign involves key regulatory bodies and provides tools and guidance for financial inclusion.

4 Oct 2025 3:36 pm
Mutual Funds: How to check your KYC status and update it? Step-by-step guide

You can check your KYC status on the website of any AMC or RTA by entering your PAN. Your KYC status will be displayed as validated, registered, on hold or rejected.

3 Oct 2025 10:24 pm
Unclaimed assets: This is how you can recover money from an inoperative bank account

The RBI is organising special camps on unclaimed assets in all districts across the country from October to December 2025.

3 Oct 2025 9:51 pm
Why are hospitals denying cashless insurance? Your guide to hassle-free reimbursement claims

While the health insurance reimbursement process can seem complex, knowing the steps well can help avoid delays and ensure claims are settled smoothly.

3 Oct 2025 3:42 pm
What is the impact of your income on your credit score? Explainer

Credit score: Some assume that with an increase in income, their CIBIL will also rise, whereas it is far from true. The credit score, in fact, indicates creditworthiness, i.e., the ability to repay the credit and not earning potential per se

3 Oct 2025 3:42 pm
Man duped of 8.85 lakh in loan fraud: 5 key money lessons to learn

Personal loan: Man was promised a loan against assets and was asked by the fake loan agent as 1% processing fee for sanctioning of loan

3 Oct 2025 2:51 pm
Why state government finances should not be overlooked

State fiscal policy is facing challenges with a rising fiscal deficit, increasing bond issuances, and slowing tax revenue. While historically fiscally prudent, states are now struggling due to reduced grants from the Centre and a decline in income growth, impacting overall financial stability.

3 Oct 2025 1:16 pm
What are the tax benefits of an HUF under current tax laws?

HUFs are treated as separate tax entities under income tax laws, allowing for distinct tax exemptions, investments, and home loan benefits.

3 Oct 2025 12:42 pm
THESE 9 equity mutual funds gave over 25% annualised return in past 3 years. See list

Best mutual funds: We list out nine equity mutual funds across market capitalisation which gave more than 25 per cent annualised return in the past three years

3 Oct 2025 9:51 am
Rise of hyper-personalised credit score advice: Is it the right fit?

The growth of personalised credit advice happened place because of AIs ability to process real-time data at scale, which transformed traditional credit scoring from a one-size-fits-all model into user-centric experience.

3 Oct 2025 9:46 am
Switching jobs? Heres a guide to transfer your PF claims Key FAQs answered

To transfer your PF online, log in to the EPFO portal and submit a transfer request. For a successful claim, ensure both previous and current member IDs are accessible in the EPFO database.

2 Oct 2025 11:51 pm
Not PPF or NSC this small savings scheme offers the highest interest. Check the latest rate here

Small savings schemes offer reliable long-term investment returns, appealing to conservative investors. The Sukanya Samriddhi Yojana has the highest interest rate at 8.2%. 

2 Oct 2025 9:39 pm
Parag Parikh Flexi Cap Fund introduces IDCW option: How it could lower your tax liability

Parag Parikh Flexi Cap Fund's Income Distribution cum Capital Withdrawal option is a tax-efficient solution. We explain the benefits.

2 Oct 2025 8:35 pm
Bank charge THESE interest rates on personal loans in October 2025. Check the latest rates here

Since personal loans are unsecured, lenders typically charge a higher rate of interest on them.

2 Oct 2025 7:14 pm
Mutual Funds: From flexicap to realty, 9 new fund offers (NFOs) up for grabs in October. See list here

NFO Alert! There are nine new mutual fund schemes that are available for investment in this month. Check the list here

2 Oct 2025 4:35 pm
IndiGo SBI Card. Features & rewards offered by this co-branded card explained

IndiGo and SBI offer a co-branded credit card for an annual fee of 1,499, giving an array of privileges

2 Oct 2025 3:24 pm
How would Sebi's validated UPI handles make digital payments safer for investors?

UPI payments: Validated handles (@valid) are introduced as an additional payment option for investors. This compliments existing payment modes, allowing investors the flexibility to continue using the method they are most comfortable with.

2 Oct 2025 2:34 pm
FD interest rates: These 7 banks offer highest rates on long-term deposits

FD interest rates: Though most banks offer similar interest on their term deposits, the rates may vary marginally.

1 Oct 2025 7:22 pm