SENSEX
NIFTY
GOLD
USD/INR

Weather

image 21    C

Business News

Livemint

Business / Livemint

Millions hit by data breach in Japan: How cyber insurance can protect you against such risks check costs, coverage

Rising cyberattacks and online fraud underscore the risks of identity theft and financial loss. Personal cyber insurance may cover eligible incidents, including phishing and unauthorised transactions. Here's all you need to know.

16 Oct 2026 12:07 am
Will Jio raise tariffs? Here's what Akash Ambani said ahead of IPO rollout

Ambani also identified home broadband as a major growth opportunity.

15 Oct 2026 11:56 pm
Centre approves 30-day bonus for government employees: Check eligibility, 6,908 payout and service rules

The Centre has approved a 30-day ad-hoc bonus for eligible Central government employees for 2025-26. The payout can reach 6,908 under the 7,000 monthly calculation ceiling, with pro-rata payments for shorter service and separate eligibility rules for casual labourers.

15 Oct 2026 11:51 pm
Retired before April 2023? ITAT allows LIC employee to claim tax exemption on 9.04 lakh leave encashment

A retired LIC employee won ITAT Jaipur relief on 9.04 lakh in leave encashment after the tax department restricted her exemption to 3 lakh. The ruling examines whether the enhanced 25 lakh limit introduced in 2023 can benefit employees who retired earlier.

15 Oct 2026 11:03 pm
Gold price forecast: Why investors expect record highs within 2 years

For now, investors  see continued central bank buying and demand for safe-haven assets as key supports for bullion. However, predictions of fresh record highs remain forecasts rather than guarantees.

15 Oct 2026 11:02 pm
Sundaram Finance hikes interest rates on fixed deposits; offers up to 8% returns check details and effective date

Sundaram Finance has raised fixed deposit rates from October 16, 2026. Check revised rates across different tenures. 

15 Oct 2026 10:29 pm
IDBI Bank employees' service conditions, pension benefits fully protected: Dipam secretary

The IDBI Bank would continue to operate under the existing framework of company and labour laws, says Arunish Chawla, secretary, DIPAM. 

15 Oct 2026 10:27 pm
Insurance commission norms not intended to disrupt business models: Irdai chief

Insurance Regulatory and Development Authority of India chairman Ajay Seth also hinted that Irdai is unlikely to extend the deadline for submitting feedback.

15 Oct 2026 10:03 pm
Why a higher salary may not improve your financial security: 5 money habits that can eat into your savings every month

Salary hikes may not increase savings if lifestyle expenses rise alongside income. Here are five money habits young professionals should watch, from lifestyle inflation to emergency fund planning.

15 Oct 2026 9:22 pm
Airfloa Rail secures 34.85 crore contract for Vande Bharat sleeper interiors; details here

Airfloa Rail Technology has won a 34.85 crore contract from Integral Coach Factory, Chennai, to design interiors and carry out development work for a Vande Bharat sleeper trainset. Details.

15 Oct 2026 9:01 pm
Navi Mumbai airport not ready for international flights? Emirates flags infrastructure gaps

Emirates has said Navi Mumbai International Airport lacks essential facilities, including catering and cargo warehousing, to support international flights.

15 Oct 2026 8:48 pm
From 228 in 2016 to 4.9 per GB: Akash Ambani says Jio data prices are lowest globally

Speaking at Jio Platforms' IPO media meet on 15 October, Ambani said that the company helped transform India from a data-scarce market to a data-abundant nation by making mobile data services affordable.

15 Oct 2026 8:40 pm
EPFO extends September 2026 PF filing deadline to 31 October: What employees should check

EPFO has extended the deadline for employers to file September 2026 PF returns and deposit contributions to 31 October from 15 October. The extension follows the revision of the PF wage ceiling and gives employers more time to complete compliance formalities.

15 Oct 2026 8:02 pm
Diwali bonus: Will your festive payout be taxed? What salaried employees need to know

Diwali cash bonuses from employers are taxed as salary at the employees applicable tax rate. Here's when gifts are exempt from tax and how to report it in ITR. 

15 Oct 2026 7:52 pm
Satya Nadella recalls employee he failed to help early in his career : I was an absent leader barking orders

Microsoft CEO Satya Nadella has reflected on an early management failure, recalling how he failed to recognise an employees struggles despite repeated requests for help. 

15 Oct 2026 7:32 pm
Widow pension delayed for months? Andhra Pradesh High Court directs payment of arrears from the date of application

The Andhra Pradesh High Court has directed authorities to pay widow pension arrears from the date of application, ruling that administrative delays cannot deprive eligible beneficiaries of their entitlement. The arrears must be paid within eight weeks. 

15 Oct 2026 7:17 pm
Origin raises $20 million from Accel, Zacua to scale construction robotics in the US, Europe

The deeptech startup plans to deploy 150 autonomous robots by next year on a subscription model, offering Western contractors up to 20% savings amid severe labour shortages.

15 Oct 2026 6:46 pm
Fairfax to bring IIFL Capital, Digit under IDBI Bank after 52,878 crore acquisition, build financial services group

Fairfax plans to transfer its stakes in IIFL Capital Services and Digit to IDBI Bank, creating a diversified financial services group after its 52,878 crore acquisition of a 60.72% stake in the lender. The restructuring will cover banking, insurance, investment banking and wealth management.

15 Oct 2026 6:44 pm
Isha Ambani recalls how a failed college assignment led to the idea for Jio: The internet did not work

Isha Ambani recalled how an unsuccessful attempt to submit college assignment online in Mumbai prompted a conversation with her brother Akash Ambani about India's internet connectivity gap. The anecdote comes as Jio Platforms prepares for its IPO, with the offering potentially raising 30,213 cr.

15 Oct 2026 6:43 pm
Buying your first health insurance policy at 26? Know the cover, add-ons and benefits to compare

A 26-year-old earning 40,000 a month should prioritise adequate health insurance coverage, compare policy exclusions and hospital networks, and choose add-ons such as restoration, maternity and OPD benefits based on costs and individual needs.

15 Oct 2026 6:40 pm
Akash Ambani says Jio's 6G rollout is on the horizon, but it won't need a physical infrastructure build-out; details

Jio plans to offer 6G through a software upgrade rather than new infrastructure and is also targeting 340 million users in the mobility segment. Full details here. 

15 Oct 2026 6:33 pm
You either grow or you go down: Kumar Mangalam Birla plans up to $30 billion investment in India, overseas

Aditya Birla Group plans to invest up to $30 billion across its businesses in India and overseas over the next two to three years, including expanding US operations. Details here.

15 Oct 2026 5:30 pm
How much salary do you need to live comfortably in a Tier 1 city? Heres what a 25-year-old should aim for

A 25-year-old living independently in a Tier 1 city may need a monthly take-home salary of 70,000 to 1.4 lakh to meet living expenses and save 20-30% of income, depending on the city and lifestyle.

15 Oct 2026 5:10 pm
Akash Ambani says Jio carries 60% of India's data traffic ahead of IPO, eyes major chunk of $1.4 tn digital economy

Akash Ambani said India's digital economy is expected to reach $1.4 trillion by FY31, adding that Jio Platforms expects to capture a significant share of the market.

15 Oct 2026 4:54 pm
Bharti Airtel vs Vodafone Idea: Top 5 mutual funds by exposure could Reliance Jio's listing reshuffle portfolios?

Reliance Jio Platforms IPO could reshape mutual fund exposure to Indias telecom sector. While some schemes have significant allocations to Bharti Airtel and Vodafone Idea, the impact will depend on valuations and fund managers' investment strategies. Here's what you need to know. 

15 Oct 2026 4:34 pm
New FEMA rules for foreign payments: what freelancers need to know

The reporting mechanism could help authorities identify suspicious transactions, including instances where services are falsely declared to move money across borders.

15 Oct 2026 4:19 pm
Uday Kotak in Reliance Jio IPO press conference: Historic issue! RIL to become largest conglomerate by market cap

Uday Kotak in Reliance Jio IPO press conference: Historic issue! RIL to become largest conglomerate by market cap

15 Oct 2026 4:11 pm
Why your personal loan request can be rejected even with a 750+ credit score? 5 reasons you should know

A credit score above 750 can strengthen a personal loan application, but it does not guarantee approval. Here's why.

15 Oct 2026 4:11 pm
Air Indias new CEO tightens spending as losses mount

Tewolde Gebremariam has set up a full-time cost-savings team and tightened spending approvals, shifting focus from predecessor Campbell Wilsons fleet expansion to operational profitability,

15 Oct 2026 4:06 pm
Redeveloped inherited property? ITAT Delhi says multiple floors can qualify for capital gains tax exemption

The tribunal held that a taxpayer could claim Section 54 exemption for the basement, ground floor and third floor received after redevelopment, while also directing a revised calculation of capital gains using a registered valuers report.

15 Oct 2026 4:04 pm
Lightbox eyes later-stage deals, seeks repeatable path to profitability before next fund

The strategy comes as the VC firm seeks to demonstrate it can improve the financial performance of its portfolio companies in a repeatable way before approaching investors for its fourth fund.

15 Oct 2026 3:55 pm
Marketing heritage to Gen Z: Neha Marda shares how Phitku is selling phitkari without the grandma guilt

By stripping away the old-fashioned label, Phitku repositioned the alum not as a relic of the past but as a highly efficient, minimalist solution for today's fast-paced world.

15 Oct 2026 3:31 pm
4 things you should teach your kid about money and follow it yourself, too: Dave Ramseys golden advice for parents

Dave Ramsey recommends teaching children four balanced money habits. He is the author of the international bestseller, The Total Money Makeover.

15 Oct 2026 3:23 pm
IDBI Bank's 60.72% stake sale to Canada's Fairfax: Should FD holders and savings account customers worry? Experts decode

IDBI Banks proposed stake sale to Fairfax has raised questions for depositors, FD holders and employees. What could the ownership transition mean for existing deposits, interest rates, banking charges and job security? Here is what experts say.

15 Oct 2026 3:16 pm
TSMC open to partnership with Elon Musks Terafab as chip giant's Q3 profit hits record $23.6 billion

TSMC is discussing a partnership with Elon Musks Terafab but insists on running the chip plant as the Taiwanese giant reports record quarterly profit of NT$763.1 billion.

15 Oct 2026 2:33 pm
Supreme Court upholds Bombay HC order quashing Yes Banks 8,415 cr AT-1 bond write-off

The dispute centres on whether Yes Banks administrator had the legal authority to cancel the bonds as part of the banks reconstruction plan, leaving investors with losses on their investments.

15 Oct 2026 2:11 pm
How to make money using AI in the next 5 years: See freelancing, online courses, content creation and consulting options

Over the next five years, people could use AI to support services such as website design, writing, translation, and business consulting, or to build courses, videos and products. 

15 Oct 2026 1:58 pm
Nestl India shares crash over 8% as as commodity costs loom

Broad-based growth across products and channels helped Nestl India record 36% rise in profit and 20.3% jump in sales in the  September quarter 

15 Oct 2026 1:53 pm
SGB 2019-20 Series V: Investors to pocket 294% gains on premature redemption key dates and tax rules explained

SGB 2019-20 Series V investors can redeem their bonds at 14,725 per gram on October 15, 2026. Price gains range from 289% to 294%, excluding interest and taxes. Budget 2026 changes mean premature redemption is no longer eligible for the capital gains tax exemption.

15 Oct 2026 1:41 pm
5 money lessons from international bestseller 'The Automatic Millionaire' by David Bach

David Bachs The Automatic Millionaire argues that building wealth depends less on earning a large salary than on creating habits that make saving and investing automatic. 

15 Oct 2026 1:10 pm
Mint Explainer| How chipflation is playing spoilsport for consumers

AI demand, tight supplies of memory chips, and capacity shifts toward high-bandwidth memory are pushing up costs for smartphones, laptops and servers, leading to a chipflation. How long will it last?

15 Oct 2026 1:01 pm
Everyone has money advice. Who should young investors listen to?

Gen Z has more financial advice at its fingertips than any generation before it. But with influencers, family, friends and AI offering competing answers, knowing whom to trust is the real challenge.

15 Oct 2026 12:40 pm
Gold, silver back in shine after crash: What drove the fall, why prices surge, what's next for investors? Explained

Gold and silver prices rebounded on October 15 after a three-day losing streak, following a sharp selloff. While easing Treasury yields and a weaker dollar supported the recovery, shifting Fed rate expectations remain key factors to watch.

15 Oct 2026 12:28 pm
NCERT brings personal finance to Class 9, but can one chapter build money habits?

NCERTs new Class 9 chapter covers budgeting, saving, investing, insurance and tax. But teachers and experts say lasting money habits will depend on classroom practice, parental involvement and progressive learning.

15 Oct 2026 11:50 am
Warren Buffett of Canada started with $8: Who is Prem Watsa? Fairfax chief behind 52,877-crore IDBI deal involving LIC

Hyderabad-born Prem Watsa built Fairfax Financial Holdings into a global insurance and investment business, drawing inspiration from Warren Buffett. The IIT Madras alumnus moved to Canada with just $8.

15 Oct 2026 11:45 am
India is way ahead of China, UK in the number of young entrepreneurs and women founders: Hurun's U35 Rich List

India leads Huruns U35 comparisons with 180 entrepreneurs, ahead of Chinas 101 and the UKs 62. It also has the most women.

15 Oct 2026 11:24 am
Dearness allowance hike: Cabinet skips July 2026 DA decision as railway bonus, social assistance plan get nod

Dearness allowance hike: Central government employees are still awaiting clarity on the July 2026 dearness allowance hike after the Union Cabinets latest meeting. While the announcement remains pending, two other proposals have received approval. 

15 Oct 2026 11:22 am
Bengaluru beats Mumbai, Delhi as Indias top hub for young entrepreneurs: Hurun U35 List

Beyond company headquarters, Bengaluru emerged as the primary city of residence for young business builders, according to the Hurun India U35 List 2026.

15 Oct 2026 11:17 am
Who is Romita Mazumdar? Foxtale founder is only woman among Huruns 10 youngest entrepreneurs

Romita Mazumdar, Foxtales founder and CEO, is the youngest woman on the Avendus WealthHurun India U35 List 2026. The 31-year-old launched the skincare company in 2021 after working in investment banking and private equity. 

15 Oct 2026 11:06 am
Sectoral mutual funds: Why investors should explore banking, auto, power and healthcare funds now

Sectoral mutual funds: Banking, automobiles, power and healthcare are among the sectors offering opportunities amid diverging performance between large-cap and small-cap indices in H1FY27. Here is what investors should know about the outlook. 

15 Oct 2026 10:52 am