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Industrial marketplace Pneucons disables UPI on orders from Oct 10, co-founder says MDR ate 94% of our margins

Starting October 10, Pneucons will discontinue UPI payments after government imposed a 0.4% MDR charge on orders over 2,000, which the company's co-founder says will take a significant toll on its margins. Details here. 

4 Oct 2026 8:56 am
PF withdrawal done, pension forgotten? Why your EPS service record still needs to be transferred and how to do it

Many employees mistakenly assume that their EPS service history transfers automatically after withdrawing their EPF balance. However, EPS operates separately. Here's why it's important to make a transfer and how to do it.

4 Oct 2026 7:30 am
Adani Airport to go ahead with Mumbai redevelopment; airlines reject proposal

Adani Airports chief executive Arun Bansal has assured airlines that the shift to Navi Mumbai airport is temporary. The airlines said their support for Terminal 1 redevelopment could not be construed as consent to the proposed reduction in international slots

4 Oct 2026 7:27 am
Bank holidays next week: SBI, HDFC Bank, ICICI Bank branches to remain closed on these days from Oct 5-11

Bank holidays next week: Banks will remain closed for two days from October 5 to 11, 2026, including the second Saturday and Sunday. Check the full list of bank holidays and city-wise details.

4 Oct 2026 7:14 am
Fleur to deploy $1 bn as Lemon Tree splits ownership, management businesses

The planned separation will allow Lemon Tree to focus on asset-light hotel management, franchising and branding, while Fleur takes on the capital-intensive business of owning and developing hotels.

4 Oct 2026 7:00 am
What life insurers actually pay for

Insurance is sold as protection against death, but the industry's own numbers tell a different story

4 Oct 2026 7:00 am
Intesa Says Paschi Bid to Lapse If Holders Back Rival Deals

Intesa Sanpaolo SpA said its offer for Banca Monte dei Paschi di Siena SpA will lapse if Paschi shareholders back either of its proposed bids for Banco BPM SpA and Banca Generali SpA at an Oct. 29 meeting.

4 Oct 2026 2:12 am
Metas AI Data Center tax strategy that saves billions - Report

The debate over Meta's strategy therefore comes down to whether its massive AI infrastructure projects represent genuine experimentation for tax purposes or simply the construction and operation of expensive data centres.

4 Oct 2026 1:49 am
Planning to buy Apple iPhone 18 Pro on 'No-Cost EMI'? Is your smartphone purchase an invisible debt trap?

Purchasing items with no-cost EMI can seem appealing, but it may hide costs such as processing fees and interest charges. A comparison of total costs is crucial.

4 Oct 2026 12:03 am
Not lack of talent, senior business leaders point to these key factors posing obstacles...

Only 5% of leaders attribute execution gaps to talent shortages, a survey by Biz Staffing Comrade revealed. The primary obstacles holding organisations back they felt are shifting priorities and outdated processes. 

3 Oct 2026 11:57 pm
EPFO: Outdated details, errors Top reasons your employees' provident fund claims could be rejected, explained

The EPF allows full or partial withdrawals under certain conditions. Members can claim for emergencies, education, housing, and more. In case your claim is being rejected, check what key information or mistakes you may have to rectify 

3 Oct 2026 11:33 pm
No place to grow artificial minds: Why did David Robinson quit OpenAI? What did he write in his essay?

David Robinson published a scathing essay in The Atlantic, accusing OpenAIs unimpeded optimism of fostering a hazardous environment for advanced technology

3 Oct 2026 10:37 pm
Are you planning your retirement correctly? Tax free, govt securityresearch explains key reasons why Indians prefer NPS

HDFC Pension Fund Managements NPS Preference Index Study 2026 revealed that preference for the National Pension Scheme among Indians has increased, driven by improved consideration, familiarity, and appeal. 

3 Oct 2026 10:32 pm
I do not invest. I dont do that stuff: Why this Apple co-founder opted for a mere $50 paycheck

When Apple was founded in 1976, Steve Wozniak and Steve Jobs reportedly each held a 45% stake, while Ronald Wayne owned the remaining 10%. Wozniak later reportedly sold much of his stake during the 1980s.

3 Oct 2026 10:17 pm
Less exciting long-term savings crucial for financial security in old age: CEA encourages pension investment

CEA Nageswaran urged Indians to prioritise long-term savings over short-term trading, highlighting the importance of pension assets for financial security. He noted pension assets are only 17% of GDP, significantly lower than OECD peers, indicating room for growth.

3 Oct 2026 10:06 pm
EPS: What to do if employer fails to make pension contribution

EPFO says eligible employees can approach employer first, then file grievance online

3 Oct 2026 9:27 pm
The corporate insurance trap: Relying solely on your companys health cover is a bad idea; heres why

Relying solely on corporate health insurance can expose families to risks, especially during job transitions or retirement. Check why.

3 Oct 2026 9:03 pm
UPI MDR Charges: Start date, slabs and why is this Merchant Discount Rate being introduced now? All questions answered

The Centre will soon implement Merchant Discount Rate (MDR) fees on specific UPI transactions. Today we answer what the UPI MDR charge means, the start date, slabs, and why this is being introduced now 

3 Oct 2026 8:39 pm
Paramount-Warner Bros merger: Who is staying, who is exiting as Skydance takes shape?

Several senior Paramount executives are set to take on expanded responsibilities, while some of Warner Bros. Discovery's top leadership will depart. Here is a look at the executives staying, those leaving and their key achievements.

3 Oct 2026 8:27 pm
Radhakishan Damani's firm leases luxury apartment in Mumbais Worli for 28.5 lakh a month, pays 1.71 crore deposit

The 6,831-square-foot apartment is located on the 19th floor of Tower B of Three Sixty West, a luxury residential project on Dr Annie Besant Road in Worli

3 Oct 2026 8:02 pm
8th pay commission: Stakeholder meetings underway Here are the key dates and FAQs answered

The 8th Central Pay Commission is consulting stakeholders to discuss possible revisions. Chaired by former SC Justice Ranjana Prakash Desai, it will benefit over 1 crore government employees and pensioners, with final recommendations expected by May 2027.

3 Oct 2026 7:13 pm
DA news: Sikkim govt hikes dearness allowance for employees, dearness relief for pensioners Check details

DA hike news: Sikkim has announced increased dearness allowance and dearness relief for state government employees and pensioners, respectively, with effect from 1 January 2026. Here's how much those under pre-revised and revised basic pay structures will get 

3 Oct 2026 6:12 pm
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