Livemint

Received gratuity after resignation or retirement? The tax-free limit for most private-sector employees is 20 lakh, but the entire payout may not be exempt. Know how gratuity tax is calculated, eligibility rules and when income tax applies.

Delhi plans to develop the Yamuna riverfront in two phases, modelled on Gujarat's Sabarmati Riverfront, with parks, cycle tracks, walking paths and sports grounds. The government expects visible improvements in river cleanliness in about 2.5 years.

Nearly 58% of engineers want to become forward-deployed engineers, but nine in 10 lack awareness of a structured upskilling path, a Scaler report says, adding 88% of Indian enterprises expect demand for the roles to rise by 2030, while only 1% of engineers currently hold designated FDE positions.

Post office deposits, bank FDs and arbitrage funds differ in post-tax returns, liquidity and risk. A 5 lakh investment could earn more through arbitrage funds in higher tax brackets, but holding period, taxation and capital safety matter.

Have 10 lakh set aside for emergencies? Here's how to divide it between savings accounts, fixed deposits and liquid mutual funds to balance easy withdrawals, capital safety and returns, along with key differences in taxation and liquidity.

Instead of demanding a intimidating 30-year commitment, the First Seven Framework encourages Gen Z to aggressively build their retirement foundation during the first seven years of their career when life responsibilities are minimal.

Delhis State Consumer Commission dismissed HDFC ERGOs appeal over policyholders denied dengue treatment claim. It ruled that 24-month waiting period for specified illnesses could not apply because dengue was not on list, & upheld an order directing insurer to pay compensation & litigation costs.

The Centre has notified new telecom sandbox rules, allowing eligible applicants to seek exemptions from specified regulations to test innovative technologies and services. Trials can run for 24 months, but commercial sales are barred during testing and user consent is mandatory.

Only four of 37 flexi-cap funds delivered over 8% annualised returns on three-year SIPs, while three posted losses. ITI Flexi Cap topped the list at 10.16%, while large schemes such as Parag Parikh, HDFC and SBI delivered lower returns.

Large-cap mutual funds look relatively attractive on valuations, while small-cap funds lead in returns and inflows. With Diwali approaching, experts explain how investors should weigh valuations, risk appetite, investment horizon, and portfolio allocation before deploying fresh money.

Barclays plans to cut 5,000 jobs by the end of 2026 as it uses AI to reduce costs and improve returns. The move comes as third-quarter profit misses estimates, with a sharp decline in fixed-income trading weighing on investment bank income.

KKR- and OTPP-backed Vertis Infrastructure Trust plans to file a draft offer document by December and list publicly by April-May 2027, with the sponsors selling a combined 13-14% stake (over 2,000 crore) via an offer for sale.

Bollywood sequels can substantially grow a franchises worldwide collections: Dhurandhar 2, Gadar 2, Stree 2 and later Drishyam films all out-earned their predecessors. 

Lost money to online fraud despite not sharing an OTP? RBI rules specify when banks must refund customers and how banks' liability is determined. New directions from January 2027 will widen customer protection, shift the burden of proof to banks, and tighten resolution timelines.

Companies are exploring lighter packs, recycled plastic and material substitutions to contain costs, but limited alternatives and weak consumer demand are challenges.

In the 1-year period, Titan Company and Kalyan Jewellers India have delivered returns of 17% and 13%, respectively. However, their mutual fund ownership reflects contrasting investment strategies. Here are the top 5 schemes with the highest exposure to each jewellery stock. 

A New Mexico judge ordered Meta to pay $25 billion for misleading residents about privacy and the spread of harmful content. The ruling followed a jury finding more than 43 million violations of state law. 

The Income Tax Act, 2025, replaced the 1961 law on April 1, 2026, but outstanding tax dues, pending refunds, and earlier assessments do not automatically disappear. Here's how both laws will operate during the transition and what taxpayers need to know.

According to an official BioWare blog post, the fate of Dragon Age, Mass Effect and its other beloved intellectual properties remains a complex web of cancellations, shifting priorities, and third-party licensing.

Morgan Housels The Art of Spending Money argues that good spending supports personal happiness rather than status or approval. 

HDFC Bank is investigating suspected leaks of confidential information concerning regulatory action in Dubai, MSRDC-related fees and senior-management disagreements. 

The Chinese AI pioneer DeepSeek has raised about 100 billion yuan ($15 billion) in its latest fundraising round, one of the countrys largest ever and a sign of the startups ambitions to compete globally with the likes of Anthropic PBC and OpenAI.

Estimates show small-cap funds have shortened their portfolio liquidation time this year due to higher stock trading volumes, despite managing 30% more assets. 

Cognizant and Google Cloud are assigning more than 18,000 employees to develop AI agents for clients, targeting software modernisation, developer tools, business-process automation and cybersecurity. 

Central government employees and pensioners are still awaiting the July 2026 dearness allowance (DA) and dearness relief (DR) revision. Despite recent Cabinet meetings and bonus announcements, the Centre has not confirmed the hike, revised rate or arrears payment timeline.

A decade-old PHP vulnerability affecting software behind about 75% of identifiable websites has triggered emergency fixes and service shutdowns across Europe. 

Air ambulance cover varies widely across health policies, with sub-limits, approval requirements and claim conditions. A few clauses can determine whether families pay lakhs out of pocket.

India is emerging as a bright spot for Swiss watchmakers amid uneven global demand. Franck Muller sees the market closing the gap with Singapore and the UAE, and is exploring airport retail, celebrity partnerships and branded residences, though demand for watches above 50 lakh remains limited.

Semiconductors, AI infrastructure and robotics are the main areas of interest in India, alongside energy transition and digital transformation.

Myntras operating revenue declined in FY26 as logistics revenue fell 53.2% to 1,119.2 crore, outweighing modest marketplace growth and a 35.2% rise in advertising income. 

According to Bloomberg, BioWare's latest title, Dragon Age: The Veilguard, fell short of sales expectations, which had already prompted EA to impose steep cuts at the developer last year.

Gold and silver prices fell on 22 October. Check the latest retail rates of 24K and 22K gold and 999-purity silver in Delhi, Mumbai, and Kolkata. Here's how prices have changed and what to watch ahead of the US Federal Reserves policy meeting. 

With many international mutual funds closed to fresh investments under RBIs $7 billion overseas cap, GIFT City funds offer Indian investors another route to US and global equities. Heres how they compare on minimum investment, taxation and returns, and what the LRS limit means for you.

SpaceX is offering employees a 20% pay premium for six-week assignments in Memphis, Tennessee, and Southaven, Mississippi, to speed up construction of its Colossus AI data centres. 

Critical PHP vulnerabilities known as PHP2Shell could let attackers remotely execute code and access sensitive data. Amazon detected exploitation attempts before public disclosure, while Google and OpenAI researchers helped identify and investigate the flaws. 

Deepinder Goyal explained that Dark.ai is being developed around a central promise of privacy-by-design.

Carlsberg A/S is preparing to publicly file documents for an initial public offering of its India business, which could raise as much as $700 million, as early as this week, according to people familiar with the matter.

Sold a residential house and reinvested the capital gains? Section 54 of the Income-tax Act, 1961, now Section 82 under the 2025 Act, offers tax relief subject to specific conditions. Heres when the exemption can be denied or withdrawn.

Meta has agreed to keep CEO Mark Zuckerberg in California for eight years as the state considers a proposed one-time 5% tax on billionaires. A new class of nonvoting shares will let him raise cash while preserving his voting control and support Metas AI investment plans.

Anthropic wants a candidate with at least eight years of experience who can quickly digest technical concepts, sharpen executive thinking, and maintain composure during breaking news.

On 22 October, petrol and diesel prices were unchanged across 14 cities. CNG prices rose in nine of 13 locations and held steady in four; Chennai, 

The case stems from allegations that Cambridge Analytica, a British political consulting firm involved in Donald Trump's 2016 presidential campaign, obtained data from millions of Facebook users without their consent.

Smaller social media influencers are enjoying a bumper festive season this year, with some earning up to five times more from brand deals. As brands turn to smaller, regional creators to reach local shoppers, higher campaign fees are boosting paydays even as consumer spending remains under pressure.

Scotch whisky consumption in India is growing faster than the overall whisky market, and industry executives expect demand for premium bottles to rise. The UK-India trade deal may make imported Scotch more accessible, though state taxes and regulations will shape price cuts and investment.

Large UPI transfers do not automatically trigger income tax notices, but unexplained bank credits can attract scrutiny. From freelancers to individuals receiving money for others, here's when digital transactions may raise red flags and what records to keep.

The 342-km BengaluruVijayawada greenfield highway, targeted for completion in 2027, is expected to cut travel time by 34 hours and shorten the route by 110 km. Part of NH-544G, it will connect five Andhra Pradesh districts, boost freight movement and improve industrial connectivity.

American entrepreneur Zach Yadegari co-founded Cal AI, a calorie-tracking app that reportedly generated more than $30 million in annual revenue before its acquisition by MyFitnessPal. Now, the 19-year-old founder is building Persona, an AI assistant startup that has raised $10 million.

Term insurance provides a death benefit to beneficiaries during a fixed policy term, helping families manage debts and future expenses. Here's why a claim can get rejected.

Shahrukhz by Danube has a total valuation of AED 2.1 billion or $572 million or 5,000+ crore project, as per the company. It is a 56-storey building locayed on Sheikh Zayed Road in Al Sufouh 1, Dubai.

L&T has secured large construction orders worth 2,500-5,000 crore for two Central Secretariat buildings in New Delhi and two 47-storey office towers in Amaravati, Andhra Pradesh. The projects are scheduled for completion within 24 and 30 months.