SENSEX
NIFTY
GOLD
USD/INR

Weather

image 28    C

Business News

Livemint

Business / Livemint

Erling Haaland's new Abu Dhabi villa: Location, price and special features of Manchester City Yas Residences

Erling Haaland has bought a home at Manchester City Yas Residences, a branded development on Abu Dhabis Yas Island. The project includes more than 2,000 homes, sports facilities and parks, with phased delivery starting in 2029.

19 Oct 2026 5:56 pm
Inside Madhuri Dixits 5,500 sq ft sea-facing Mumbai home with more than 30 MF Husain paintings

Art is a prominent feature of the residence, particularly the paintings of renowned Indian artist MF Husain. The corridor leading into the home features several of his works.

19 Oct 2026 5:50 pm
10 crore cover at 70? Insurance reform must start with the buyer

Insurance regulation must go beyond capping commissions to enforce product suitability, hold distributors accountable for mis-selling and prioritize policyholder outcomes over sales incentives.

19 Oct 2026 5:26 pm
Aggressive hybrid funds: Only 2 delivered over 8% returns in 1 year as 22 funds lost money. How did your fund perform?

Only 2 of 29 aggressive hybrid funds with reported one-year returns delivered over 8%, while 22 posted losses. Even large schemes such as SBI and ICICI Prudential Aggressive Hybrid Fund ended in the red, highlighting the risks of equity-heavy hybrid investments.

19 Oct 2026 5:10 pm
IDBI Bank staff to hold hunger strike on November 2-3 against privatisation, proposed Fairfax sale

The UFIOE has called on the government to abandon the proposed disinvestment and acquire at least a 6% stake in IDBI Bank, either by purchasing shares from LIC or through the open market.

19 Oct 2026 4:27 pm
Credit card refund vs chargeback: Key differences, when to request refund and when to dispute a transaction - Explained

Credit card refund vs chargeback explained: Understand the key differences, when to request a merchant refund, how to dispute a credit card transaction, what evidence to keep and how to report unauthorised payments.

19 Oct 2026 4:10 pm
EPF, EPS and EDLI: How employees earning up to 25,000 can check their eligibility and enrolment status

The EPFO wage ceiling has risen from 15,000 to 25,000 a month, potentially extending provident fund, pension and insurance benefits to more employees. Check who qualifies under the revised rules, how enrolment works and what the change means for your salary deductions and retirement savings.

19 Oct 2026 4:08 pm
Does your free mobile game empty your wallet? How in-app micro-fees and subscriptions secretly drain your bank account

Mobile games can encourage frequent spending through paid shortcuts, limited-time items and subscriptions. Individually modest payments may add up to thousands of rupees each month.

19 Oct 2026 3:28 pm
Are you spending a fortune on your pet? How fancy grooming and speciality diets may cost you more than a child's tuition

Premium food, grooming and medical care are making pets a major household expense in urban India. Monthly costs range from 4,000 for some small breeds to 20,000 for giant breeds. 

19 Oct 2026 2:35 pm
Borrowed money against FD? Failed to repay loan? How can lender recover dues, and what happens to your fixed deposit?

Defaulting on a loan against your FD can cost you the deposit itself. Know how lenders recover dues and when you may still owe a shortfall.

19 Oct 2026 2:34 pm
Just bought a new car? Explained how 5 money mistakes may push up ownership costs and strain your monthly vehicle budget

Stretching your budget, ignoring insurance renewals, skipping servicing: 5 money mistakes new car owners should avoid to keep ownership costs in check.

19 Oct 2026 1:39 pm
Western Railway plans 307-crore Vande Bharat train maintenance hub at Sabarmati in Ahmedabad: Details

Western Railway is developing a 307 crore Vande Bharat maintenance hub at Sabarmati in Ahmedabad. The facility will handle major repairs, wheel servicing and equipment overhauls, reducing the need to send trains elsewhere for scheduled maintenance

19 Oct 2026 1:10 pm
Luggage makers pin hopes on the festive, wedding seasons to drive growth

Companies hope stronger seasonal demand will help, though recovery may not erase earlier weakness.

19 Oct 2026 12:29 pm
Insurance distribution reforms: will lower commissions benefit policyholders?

Irdais proposed commission caps and expense rules could reshape insurance distribution. Brokers warn of job losses and weaker service, but will lower costs translate into better outcomes for policyholders?

19 Oct 2026 12:20 pm
Yes Bank's AT1 bond revival wont trigger cash outflow, says CEO Tonse

Chief executive officer Vinay Tonse said the exercise would be a balance-sheet adjustment.

19 Oct 2026 11:44 am
Loan NOC: Is it issued after every EMI or only after full repayment? Know the rules

A loan No Objection Certificate (NOC) is generally issued after full repayment, not after every EMI. Understand when banks issue a loan closure certificate, why it matters for secured loans and what to do if your NOC is delayed.

19 Oct 2026 11:37 am
How you can gift stocks, mutual funds this festive season

Gifting financial assets such as stocks and mutual funds during the festival season provides long-term value, with distinct transfer steps and tax implications depending on demat status and recipient relationships. 

19 Oct 2026 11:30 am
Property boom: Will real estate prices rise in 2027? CA cites stock market, gold trends, US green card as big reasons

The CA said the domestic property market is bracing for a massive surge in demand that could peak soon and predicted that real estate prices are about to blow up in India in 2027 

19 Oct 2026 11:10 am
Tata Sons row: What is Article 118, and why does it matter for N Chandrasekaran's third term? | Explained

A dispute over Tata Sons Articles of Association has cast doubt on N Chandrasekarans five-year reappointment as executive chairman. Noel Tata says Article 118 applies and no selection committee was formed. 

19 Oct 2026 11:04 am
Indian IT giants' H-1B visa registrations fall amid Trump's crackdown; Infosys, Cognizant, TCS report fewer entries

H-1B registrations by Infosys, TCS and Cognizant fell sharply for FY2027 amid higher visa costs and a wage-weighted selection system. The figures reflect fresh entries in the annual cap selection process, rather than total H-1B employment.

19 Oct 2026 10:36 am
PNB has comfortable capital buffer, targets 15% credit growth this year, says CEO Chandra

The state-owned bank has no plan to raise capital in the current financial year.

19 Oct 2026 10:12 am
Gold, silver prices today, 19 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

Gold and silver prices today, 19 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

19 Oct 2026 9:32 am
Bengaluru's Namma Metro Pink, Blue lines may open by May 2027, trial runs likely in Oct-Nov: Report

Bengaluru Metro Rail Corporation Limited (BMRCL) Managing Director PC Jaffer confirmed to the outlet that the corporation aims to run trains on Pink Lines underground section up to Shivajinagar by the end of October or in November.

19 Oct 2026 9:11 am
What is a boss scam? 5 ways to protect yourself from CEO fraud

A Chennai firm allegedly lost 1.90 crore after a WhatsApp message posing as its managing director, leading to a Delhi arrest. Heres how the boss scam works, the warning signs of CEO impersonation fraud, and five steps to verify payment requests and report cyber fraud on helpline 1930.

19 Oct 2026 8:56 am
Delhi CM approves setting up of Go-Delhi Foundation with 50 crore corpus to help startups: Here's what it will do

Delhi government has approved the Go-Delhi Foundation with a 50 crore corpus to support startups and innovators. It will offer testing facilities, guidance, and investor connections, while helping government departments trial new solutions. 

19 Oct 2026 8:16 am
Accenture weighs $1.5 billion sale of Greater China operations amid AI shift, hires JPMorgan for review: Report

The strategic review comes at a time when Accenture is re-evaluating its resource allocation. Investors are currently debating the long-term impact of AI on the consulting sector.

19 Oct 2026 8:00 am
8th Pay Commission: What is dearness relief and how is it different from DA? Expert explains

As the 8th Pay Commission meets in Mumbai on 22-23 October, heres how dearness allowance (DA) differs from dearness relief (DR), what unions are demanding, and what central government employees and pensioners can realistically expect before the final report due by May-June 2027.

19 Oct 2026 7:58 am
Quick commerce, uncertain demand push up festive borrowing for consumer brands

Consumer brands are borrowing 15-20% more this festive season.

19 Oct 2026 6:00 am
FCNR inflows ease liquidity constraints but weigh on private banks margins

The margin compression reflects the impact of foreign-currency non-resident (bank) or FCNR(B) deposits, which banks have mobilized faster than they can deploy into loans at normal lending spreads

19 Oct 2026 6:00 am
Convenience stores struggle for relevance in the age of quick deliveries

With soaring rents, high staffing costs, and fast doorstep delivery, traditional grab-and-go outlets are finding themselves stranded between the neighbourhood grocery stores and quick commerce apps.

19 Oct 2026 5:50 am
Who is Amal Kelshikar? Why did he resign from the position of Torrent Pharmaceuticals' Executive Director? Explained

Torrent Pharmaceuticals accepted Executive Director Amal Kelshikars resignation, effective at the close of business on 16 October 2026. Kelshikar said in his resignation letter that he was stepping down after reflection and believed it was the right time to transition.

18 Oct 2026 11:54 pm
Got refund for online shopping after cancelling order but your credit card bill still shows due amount? Should you pay?

Credit card refunds usually return to the card account, reducing the balance or restoring available credit, and may take 514 days to appear. Here's what to do if your billing date is near but the refund has not been credited yet.

18 Oct 2026 11:42 pm
How should you withdraw money after early retirement? Expert explains the 3-bucket strategy for your FIRE corpus

The three-bucket strategy can help people achieving financial independence and early retirement (FIRE) manage expenses and market volatility. It divides investments into liquid savings for immediate needs, a balanced portfolio for medium-term expenses and equity for long-term growth.

18 Oct 2026 11:38 pm
SKY is the limit! Suryakumar Yadav's ultra-luxury Dubai real estate investment: Inside SRK-branded Danube elite home

Indian cricketer Suryakumar Yadav has announced an investment in Shahrukhz Residences by Danube, a waterfront residential project in Dubai Maritime City. 

18 Oct 2026 11:35 pm
Meta revises terms governing website content: What's new and changed? What rights do publishers retain now? Explained

Meta will update its website terms on 30 October, removing explicit language authorising the use of crawled content to train its products. The terms still allow automated crawling and collection, with stated purposes narrowed to advertising and business products and product security.

18 Oct 2026 11:26 pm
3,000 pension won't block parents' medical reimbursement for Haryana govt employees, High Court rules

The Punjab and Haryana High Court has ruled that Haryana government employees cannot be denied medical reimbursement for dependent parents solely because they receive a 3,000 monthly old-age pension, directing authorities to release admissible claims within two months.

18 Oct 2026 10:32 pm
Airtel launches voice-only plans at 185, 203 and 206 after TRAI's mandate: What each plan offers

The plans are aimed at subscribers who primarily use their phones for calling and messaging rather than mobile internet.

18 Oct 2026 9:45 pm
NRI's 3.41 crore FCNR deposits flagged as unexplained money after tax officer mistook yen for rupees, ITAT gives relief

An NRI won relief from a 3.41 crore income tax addition after ITAT Jaipur found that the assessing officer had mistaken Japanese yen figures for rupees. Bank records established the source of her FCNR deposits, prompting deletion of the addition.

18 Oct 2026 9:35 pm
OMCs exclude sugarcane-based ethanol from FY27 tender, cut maize incentive

Bharat Petroleum Corporation invites bids for 11 billion litres to meet 20% petrol blending target

18 Oct 2026 9:33 pm
Want to retire early? How to split 1 lakh in monthly investments between short-term goals and FIRE, expert explains

Early retirement requires balancing short-term financial goals with long-term wealth creation. Expert explains how to allocate 70,000 or 1 lakh in monthly investments towards FIRE, account for inflation and choose an appropriate equity-debt mix to build a retirement corpus.

18 Oct 2026 8:35 pm
The Kolkata crush and mechanics of pandal safety: Why smart city sensors fail in high-density downpours | Explained

A stampede at Kolkatas Chorbagan Sarbojonin Durga Puja pandal killed 19 people and injured 25. The incident has drawn attention to limits in crowd-monitoring technology, including failures in dense, rainy conditions, and to risks posed by temporary structures under heavy rain and crowd pressure.

18 Oct 2026 8:01 pm
FD maturity mistake: Fixed deposit matured but you forgot to withdraw money? What happens to your amount? Renew or not?

When a fixed deposit matures, its payout depends on the depositors instructions and the banks rules. Here are your options and whether you should renew or not.

18 Oct 2026 7:55 pm
Best-performing SIFs: Quant leads hybrid long-short funds with 25.5% returns in 6 months; check how peers performed

Quant Mutual Funds QSIF Hybrid Long-Short Fund returned 25.5% in six months, ahead of Aditya Birla Sun Life Mutual Funds Apex at 6.78%. QSIF also led over three months and since inception.

18 Oct 2026 7:32 pm
Train ticket insurance from October 27: Is it mandatory, what is the current premium, coverage and claim process?

The Supreme Court has directed Indian Railways to provide mandatory travel insurance for all tickets sold at station counters from October 27, 2026. Details here.

18 Oct 2026 6:27 pm
Flat sold 10 days after registration: How an allotment letter helped an NRI claim long-term capital gains tax benefits

An ITAT Surat ruling held that an NRI's property holding period began with the 2011 allotment letter, not registration in 2016. The decision highlights why allotment documents matter when determining long-term capital gains tax on property sales.

18 Oct 2026 6:26 pm
DLF bets big on luxury housing, plans projects worth 58,000 crore in Delhi-NCR, Mumbai over 2-3 years

The company also said it has launched projects covering 14 million sq ft over the past two and a half years, with a revenue potential of more than 56,000 crore.

18 Oct 2026 5:56 pm
FMCG companies face margin squeeze in H2 as input costs rise, price hikes likely after Diwali

FMCG companies face margin squeeze in H2 as input costs rise, price hikes likely after Diwali

18 Oct 2026 5:40 pm
The alchemy of black gold: inside Indias multi-billion-dollar push to turn coal into cheap industrial gas

Sitting on 400 billion tonnes of coal and a crippling 2.7 trillion import bill for energy products and chemicals, India is racing to turn dirty rock into cheap gas. Can multi-billion-rupee bets overcome tough economic costs and volatile markets?

18 Oct 2026 5:34 pm
DA hike before Diwali 2026: How much extra salary could central government employees get if DA rises to 63%?

Central government employees could get a festive-season salary boost if the Centre approves a DA hike from 60% to 63%. Heres how much extra monthly salary and July arrears employees could receive across different basic pay levels, and what remains unconfirmed.

18 Oct 2026 5:29 pm
Accenture weighs $1.5 billion sale of China business as AI push reshapes growth strategy: Report

Accenture is exploring a sale of its Greater China business for up to $1.5 billion, the Financial Times reported. The IT consulting giant has hired JPMorgan to advise on the review as it sharpens its focus on AI services and growth.

18 Oct 2026 5:18 pm