SENSEX
NIFTY
GOLD
USD/INR

Weather

image 20    C

Business News

Livemint

Business / Livemint

Who is Sharad Mathur? Meet IndusInd General Insurance's new MD and CEO tasked with driving growth and transformation

Sharad Mathur has been appointed Managing Director and CEO of IndusInd General Insurance Company Ltd. Mathur has held senior leadership positions at Universal Sompo General Insurance, SBI General Insurance and ICICI Lombard.

21 Oct 2026 12:00 am
Who is Joel Kaplan? Meta's Chief Global Affairs Officer to leave in 2027 after nearly 16 years at the company

Meta says Chief Global Affairs Officer Joel Kaplan will leave in 2027, after the US midterm elections. A longtime Republican adviser, Kaplan joined the company in 2011 and took charge of global policy shortly before Donald Trump began his second presidential term.

20 Oct 2026 11:57 pm
Small-cap mutual funds: Should you pick funds with high index overlap? What one-year returns show

Small-cap mutual funds with higher benchmark overlap did not necessarily deliver better returns. Value Research data shows one-year returns ranging from -0.1% to 29.1% across 10 schemes, highlighting why investors should look beyond portfolio overlap when choosing funds.

20 Oct 2026 11:43 pm
Prestige Estates to ramp up property launches 2.5 times to 40,000 crore in H2 FY27; which cities will see new projects?

Prestige Estates plans residential launches worth 40,000 crore across 5 cities in the second half of FY27, nearly 2.5 times value launched in the first half. The company reported 13,804.3 crore in pre-sales during AprilSeptember and targets 35,00036,000 crore in sales bookings this fiscal year.

20 Oct 2026 11:01 pm
Bought a 50 lakh LIC policy on 4.81 lakh income? Why ITAT rejected the womans claim and upheld the tax addition

A woman who declared 4.81 lakh income invested 50 lakh in an LIC policy, claiming the money came from her late husbands HUF. ITAT rejected her explanation for lack of evidence and upheld the 50 lakh addition as unexplained investment.

20 Oct 2026 10:59 pm
CBDT notifies Form 173A for government securities: New tax exemption rules for eligible foreign investors

CBDT has notified Form 173A for eligible foreign institutional investors and the Bank for International Settlements claiming tax exemption on government securities. The form requires disclosures on holdings, interest income and capital gains.

20 Oct 2026 10:08 pm
Indian equities vs gold vs US stocks: Which asset class delivered the highest returns in 2026 so far?

Indian equities fell 6.81% in 2026 so far through September, while US stocks gained 12.75% and gold rose 11.56%, according to Edelweiss Mutual Fund research. Short-term bonds returned 3.57%, while silver and Chinese equities posted losses.

20 Oct 2026 8:47 pm
Delhi to Varanasi, Mumbai to Pune: These 7 new bullet train routes might cut your travel time

The projects are intended to improve connectivity between major cities, support economic growth and offer passengers faster travel options.

20 Oct 2026 8:34 pm
Who is Harish Bhat? Why the Tata veteran resigned from Trent's board and what he told Noel Tata

Harish Bhat submitted his resignation to Chairman Noel Tata recently. He stepped down from the Board of Directors of Trent Ltd as per the documents.

20 Oct 2026 8:20 pm
One family brand, two heirs: how can you avoid trademark disputes?

A family trademark is not a separate legal category under Indias trade mark law. For business owners planning succession, the key is to clarify ownership and usage rights before disputes arise.

20 Oct 2026 7:37 pm
Emergency fund: Earn 1 lakh a month? Heres how much you should save for 6, 9 or 12 months, experts explain

An emergency fund should cover six, nine or 12 months of essential expenses, depending on job security, family responsibilities and income stability. Home loan EMIs, insurance premiums and school fees should be factored into the savings target.

20 Oct 2026 7:32 pm
Why pay 100 cr for Gurgaon society flat? Ashneer Grovers posh DLF Camellias tour answers - Doesnt look like India

The complex also has a separate smoking lounge furnished with comfortable couches. Residents can use the space to smoke cigars and play cards. Lockers are available for storing cigars that have been partially smoked.

20 Oct 2026 7:31 pm
Canadian man, 31, buys house in Japan but doesn't consider it as an investment - Check why and price of property

He wanted to buy a property away from tourist destinations where he could spend more time and build a friendly and healthy relationship with the local community.

20 Oct 2026 6:35 pm
Land dispute lasted 23 years and ended in a 1.5 crore payout. Why did ITAT classify it as capital gains?

A 1.5 crore payout after a decades-long land dispute was held taxable as capital gains, not income from other sources, by Ahmedabad ITAT. The ruling clarifies the tax treatment of assigned property rights, but does not make the receipt tax-free.

20 Oct 2026 6:22 pm
Mint Explainer: What do clean fuel regulations mean for car buyers?

Stricter CAFE 3 and BS7 norms will widen clean-fuel and hybrid choices across segments, but adapting to tighter emission standards and advanced engine tech is set to push up vehicle prices.

20 Oct 2026 5:23 pm
Form 141 TDS filing: What changes for property buyers, tenants and taxpayers under the new Income Tax Act

Form 141 replaces four TDS forms for property purchases, rent, contractor payments and crypto transfers from 1 April 2026. Heres what property buyers, tenants and other taxpayers need to know about the new filing process and key compliance changes.

20 Oct 2026 5:12 pm
Bengaluru to Vijayawada in 6 hours? What to know about the 342-km stretch built at a cost of 19,000 crore

The new greenfield highway section will cover around 342343 km, connecting Kodikonda near the Andhra Pradesh-Karnataka border to Muppavaram near Addanki.

20 Oct 2026 5:03 pm
India Inc braces for muted salary hikes in 2027 as costs rise, hiring slows

India Inc faces muted 2027 appraisals as geopolitical tensions, rising costs and weak festive demand restrain pay. While consultants project around 9% raises, recruiters expect rewards to favour top performers and AI-skilled talent, with one-time bonuses may increasingly replacing permanent hikes.

20 Oct 2026 4:22 pm
DA hike 2026: Will government employees get a festive salary boost after Dussehra? October 21 holds the key

Will central government employees get a DA hike after Dussehra? The Centre's 21 October Cabinet meeting has raised hopes of a 3% increase, taking dearness allowance from 60% to 63%. Here is what employees and pensioners need to know.

20 Oct 2026 4:11 pm
LIC Certificate of Existence: What is it, why is it needed and how can pensioners submit it in 5 simple steps?

LIC Certificate of Existence: Find out what this life certificate is, why it matters for annuity payments, how eligible LIC annuitants can submit it in five steps, what details it contains and how to check the next due date.

20 Oct 2026 3:12 pm
Financial assistance: Maharashtra farmers to receive 5,000 Diwali bonus as relief measure amid droughtAll we know

Amid drought situation in Maharashtra, Chief Minister Devendra Fadnavis announced that the state government will provide advance financial assistance of 5,000 directly to affected farmers by Diwali. 

20 Oct 2026 3:06 pm
Flying home for Diwali? Why flight ticket prices are soaring and what exactly you are paying for | Explained

Higher fuel costs have increased airlines' operational expenses and are eventually being passed on to consumers.

20 Oct 2026 2:55 pm
Rationale or aspirational? What drives car buying? Why Gen Z is moving towards higher-value purchases, big EMI and loans

Indias auto loans are growing as vehicle prices rise and consumers seek higher-value models. From H1FY19 to H1FY26, average car loans increased 49% to 8.2 lakh, as younger buyers enter the wider mobility credit market.

20 Oct 2026 2:41 pm
Home loan of 30 lakh, 50 lakh or 1 crore: Higher EMI or longer tenureHere's what works better. Calculation explained

After the RBI raised repo rate by 25 bps to 5.50%, several banks hiked lending benchmarks, making home loans more expensive. Borrowers can raise EMIs or extend repayment periods, we illustrate how both compare for 30 lakh, 50 lakh, 80 lakh or 1 crore home loans

20 Oct 2026 2:13 pm
Top 5 money lessons, financial learnings from international bestseller The Latte Factor by David Bach-John David Mann

The Latte Factor argues that building wealth may depend less on earning more than on changing spending habits. The book recommends saving first, automating contributions, tracking small expenses, and linking savings to meaningful goals. 

20 Oct 2026 1:56 pm
Snowy Alps, lakeside Airbnbs and road trips: an 8-day Swiss holiday for 1.5 lakh per person

A family of five from Noida spent 7.84 lakh on a winter holiday in Switzerland. Affordable flights, countryside Airbnbs, a rental car and home-cooked meals helped keep costs in check.

20 Oct 2026 1:52 pm
You earn up to 25,000? EPFO urges employees to enrol in EPF through employers to secure social security benefits

EPFO has urged employees earning up to 25,000 a month to check their eligibility for Employees Provident Fund enrolment through employers. Know the potential EPF savings, pension and life insurance benefits, revised wage ceiling and steps workers should take.

20 Oct 2026 1:48 pm
A marriage made in heaven: how the humble QR code met the small merchant

UPI transformed merchant payments from a cash-and-change routine into a low-cost digital habit. As India reconsiders MDR, the challenge is to fund future innovation and cyber resilience without undermining adoption.

20 Oct 2026 12:41 pm
Changed jobs? What happens to your Corporate NPS account, accumulated corpus and future contributions? Details explained

Changing jobs doesnt mean closing your NPS account. Your PRAN stays with you, your corpus remains invested, and contributions can continue through your new employers Corporate NPS or, if there isnt one, under the All Citizen Model.

20 Oct 2026 12:33 pm
IDBI Bank sale: Who is EAS Sarma? Activist & former civil servant asking President to reconsider lender's privatisation

Former civil servant EAS Sarma urged the President to reconsider the proposed IDBI Bank sale to Fairfax and seek an independent inquiry. He argued the process lacks transparency, may undervalue public assets and impacts the lenders development and welfare roles as a CPSE. 

20 Oct 2026 12:25 pm
Namo Bharat Corridor Expansion: Delhi-Panipat-Karnal and Delhi-Gurugram-Behror corridors likely to get approval soon

According to the National Capital Region Transport Corporation (NCRTC), two more priority Namo Bharat corridors Delhi-Panipat-Karnal and Delhi-Gurugram-Behror are likely to receive the approval soon.

20 Oct 2026 11:50 am
Canara Bank flags bond yield risk, bets on festive credit demand

Rising government bond yields could expose Canara Bank to mark-to-market provisioning risk, with the eventual impact depending on market yields and the relevant measurement date.

20 Oct 2026 11:28 am
SBI cyber fraud: Kerala HC orders 3.73 lakh refund. Can you get a refund after sharing an OTP?

Kerala High Court directed SBI to refund 3.73 lakh to a retired college principal who lost money after sharing an OTP with a fraudster posing as a bank official. Here is how the scam worked, five lessons every bank customer should take from the case, and what the RBIs zero-liability rule says.

20 Oct 2026 10:47 am
EPFO shares stepwise guide on PM Viksit Bharat Rozgar Yojana: How salaried workers can unlock full 15,000 incentive

Under PM-VBRY, eligible first-time EPFO-registered employees earning up to 1 lakh monthly may receive incentives of up to 15,000. The first installment is paid after six months of service; here's how to avail the second installment 

20 Oct 2026 10:43 am
More bad news for Starlink? After India, Ukraine controversies, European telcos plan to launch own satellite service

Europes four largest telecom companies are exploring plans to launch their own satellite mobile services to reduce reliance on Elon Musks Starlink amid rising geopolitical tensions. Starlink has also faced controversies involving India and Ukraine.

20 Oct 2026 9:33 am
Dussehra 2026: 5 money rules to control spending and avoid debt

Dussehra 2026: Dussehra sales tempting you? Follow these 5 personal finance rules to enjoy the festival without overspending or taking on debt.

20 Oct 2026 9:04 am
8th pay commission Mumbai official visit: Work conditions, to operations What's on agenda for railway dept meetings?

The 8th CPC is likely to visit various railway departments in Mumbai to gain firsthand experience of employees' working conditions. On the agenda is observation of daily operations, duties and job risks.

20 Oct 2026 8:40 am
Kerala DA hike: Which employees and pensioners are eligible for increased dearness allowance and who is not? Explained

Kerala government announced a 2% hike in DA and DR for employees and pensioners, bringing it to 37% of basic pay, effective from January. Here's a look at which employees and pensioners are eligible for an increase in the dearness allowance and who is not

20 Oct 2026 7:41 am
8th Pay Commission: What is gratuity, and how is it calculated based on last drawn salary? Expert explains

8th Pay Commission consultations continue. Know how gratuity is calculated, the 25 lakh cap, union demands and what retiring central government employees can expect.

20 Oct 2026 7:29 am
South Indian Bank MD Pai looks at strong culture, gold loan prowess to drive growth

South Indian Bank's new CEO Mahesh Pai plans to leverage the bank's strong culture, deposit base and gold loan franchise to accelerate growth. 

20 Oct 2026 6:00 am
AT-1 bonds back in news after Yes Bank case: Why banks issue them, how investors earn returns | Don'ts to avoid losses

The Supreme Court upheld the Bombay High Courts decision to quash Yes Banks 2020 write-off of 8,415 crore in AT-1 bonds. Here's all you need to know about AT-1 bonds. 

19 Oct 2026 11:59 pm
1 Finance gets in-principle SEBI approval for MF Lite: Will investors get more choice in index funds and ETFs?

1 Finance has received in-principle SEBI approval for an MF Lite licence and plans to launch passive mutual funds in Q4 FY27. SEBIs framework eases regulatory requirements for eligible passive fund houses, potentially encouraging competition and expanding investor choice in index funds and ETFs.

19 Oct 2026 11:27 pm
'Indian startup ecosystem is on steroids' - Anand Mahindra shares what excites him most, says my salute to them

Anand Mahindra praised Indias startup ecosystem, highlighting companies including Ethereal Machines, Pranos Fusion Energy and Scimplify. He said young entrepreneurs are developing advanced manufacturing, fusion and chemical technologies that could help India leapfrog stages of development.

19 Oct 2026 10:53 pm
Home loan borrowers: Pay higher EMI every month or extend your loan tenure? How to choose after a rate hike

A rise in home loan rates forces borrowers to choose between higher EMIs and longer repayment tenures. A 50 lakh loan example shows how a 25-basis-point increase affects monthly payments and total interest, and what borrowers should consider before deciding.

19 Oct 2026 10:36 pm
Gold and silver investments: Should you buy physical gold, ETFs or mutual funds? Liquidity, costs and risks compared

Investors can choose from physical gold and silver, digital gold, ETFs, mutual funds, Sovereign Gold Bonds and Electronic Gold Receipts. Each option differs in costs, liquidity, regulation, taxation and storage needs, making it important to compare the risks before investing.

19 Oct 2026 9:28 pm
Surat manufacturers enter defence technical textiles sector, create jobs: Earlier, these fabrics were imported

Manufacturers in Surat are moving beyond sarees and synthetic fabrics to produce specialised textiles for defence applications. Full details here.

19 Oct 2026 9:08 pm
Bitcoin investor faces 88.55 lakh tax addition despite 3.34 lakh loss; how an ITAT ruling helped the investor

A Bitcoin investor who reported a 3.34 lakh loss faced an 88.55 lakh tax addition over the source of funds. ITAT quashed the reassessment after the tax officer ignored his reply and failed to provide the minimum response time required by law.

19 Oct 2026 8:37 pm
Tata Trusts files response to Venu Srinivasan, Vijay Singh's complaints before Maharashtra Charity Commissioner

Srinivasan and Singh lodged their complaints on September 25, seeking an inquiry into the trust's administration and governance, including its role in the commercial affairs of Tata Sons.

19 Oct 2026 8:25 pm
Palma-Gumla highway route in Jharkhand is open now - How 1,908 cr road will change your travel experience

Built at an estimated cost of 1,908.43 crore, the highway forms a key link in the proposed Raipur-Dhanbad Economic Corridor under the Bharatmala Pariyojana.

19 Oct 2026 8:23 pm
Google Review scam: Over 20 people reportedly lose 1 crore in a month; 5 warning signs to watch out for

More than 20 people in Visakhapatnam reportedly lost 1 crore in a month to a Google Review job scam. Fraudsters used small initial payouts to build trust before demanding larger deposits, leaving victims unable to withdraw their money.

19 Oct 2026 7:28 pm