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Gen Z has coined a new category in discretionary spending with 'fun funds'. Opting for experiences over planned purchases, the younger generation is inclined to splurge on art exhibitions,  travel, workshops, concerts, and more.

The Iranian rial has plummeted to over 2 million rials per dollar amid harsh US sanctions and the ongoing Iran-Israel conflict. 

Indias mid-sized IT firms are outpacing larger rivals in BFSI revenue growth, benefiting from challenger banks, new clients and greater flexibility as large firms face insourcing and vendor consolidation.

Indias lower-middle-class consumers are not abandoning digital channels, but 2026 data shows a surprising shift towards offline transactions. Bill payments, food orders and travel bookings have moved back to physical channels. 

Grocery spending fell 8% while rent rose 21%, showing a mixed picture for household budgets in 2026. GST 2.0 brought price relief, but families largely used the extra headroom for savings, better food, education, and health rather than splurging.

Funds managed by Ribbit will sell up to 98.2 million shares, or about 1.6% of Growws existing total shares outstanding, at a floor price of 195 a share.

NPS now allows non-government subscribers to access schemes with up to 100% equity exposure under the Multiple Scheme Framework. But higher equity also means higher market risk. Heres what investors should know before choosing the option.

A study by WhiteOak Capital Mutual Fund reveals that diversification improves risk-adjusted returns. It shows that including a small equity allocation in a debt portfolio can enhance returns and lower volatility

The tariff regulator is changing how operators recover infrastructure costs by splitting the charge between arriving and departing passengers.

A SEBI study indicates that 96.5% of F&O traders lose after four years, largely due to poor risk management and psychological biases. 

Air India is pursuing $1.5 billion in fresh equity from Tata Sons and Singapore Airlines to address substantial losses, following a record $2.33 billion deficit last fiscal year. 

India is a strategic growth market for FedEx and one of the fastest-growing markets in its global network, with the countrys growing role in global trade to drive demand for time-sensitive logistics

Sebis 10,000 minimum has opened the bond market to retail investors. Before chasing a higher yield, here are the five things that matter.

Small-cap funds can differ sharply in how closely their portfolios resemble their benchmarks. But does a lower overlap translate into better returns? The latest data offers some surprising insights into the link between active bets and performance.

Anthropic emphasises mission-driven values on its careers page, highlighting a tension between mission and profit. The company has made principled decisions regarding contracts and hiring practices .

If annual random testing is expanded to all pilots, then India would be the first country in the world to have such a norm.

This comes at a time when India has fallen behind the US and China in building globally competitive foundational AI models. While the industry sees greater opportunities for Indian startups at the application layer, a lack of early-stage local risk capital may pose challenges.

SoftBank has reduced its stake in Lenskart by offloading shares worth 2,888 crore, following a previous sale of 2,873 crore. Its holding has fallen from 9.86% to 7.28%, making it the second-largest public shareholder in the eyewear company.

Kedaara Capital will work with Tynors promoters, P.J. Singh and A.J. Singh, management team and long-standing strategic partner Thuasne.

SpaceX founder Elon Musk announced that the company plans to launch its first AI satellites powered by Nvidia chips in Q4 next year, with the fleet expected to reach significant scale by 2028. The company is also pursuing plans for orbital data centres.

The Bengaluru startup will use the funding to expand engineering, commercial manufacturing and go-to-market efforts as it builds drone delivery networks in India.

Microsoft's latest analysis on AI usage shows a median monthly cost of $300, with one employee reporting $28,000. Despite extensive AI integration efforts, the data show no correlation between AI spending and employee promotions, raises, or bonuses

The move comes as billionaire Gautam Adanis group marks its entry in the aluminium sector. In June, Adani Enterprises announced plans to invest about $11.5 billion to develop a 2 million tonnes per annum aluminium project in Odisha in partnership with UAEs International Holding Company.

Vembu warned that trying to mandate a highly disciplined culture of seizing the initiative is a guaranteed strategic misstep.

UPI has become synonymous with payments in India. The technology has revolutionized digital payments by enabling instant, zero-cost and real-time mobile transactions across India. It has boosted financial inclusion and become a global benchmark for digital public infrastructure. Mint explores:

Pristyn Care is demerging BeatXP and scaling back MedX as it shifts resources towards its own hospitals and seeks to improve cash flows.

Capital allocation, management bandwidth and attention across new-age and listed businesses will put the next Tata group chairpersons leadership to the test.

Launched in February 2025, Nexedge has been among the fastest-growing wealth-management platforms, scaling to more than $3 billion in assets under management within 18 months across over 1,300 clients. It has onboarded more than 95 senior bankers, with another 50-60 expected to join in 2026.

The proposals include specific lending limits of up to 2 lakh for electric two-wheelers and 20 lakh for electric four-wheelers for personal use. They also propose limits of 25 crore for charging and battery-swapping infrastructure, and 50 crore for commercial electric-vehicle fleet operators.

Epigamias investors are reshuffling its cap table through a $20 million secondary deal, with Verlinvest and the Mirchandani family raising their stakes and Sauce coming on board, as the profitable dairy and snacking startup aims to double its business every 24-30 months.

It has partnered with the premium Spanish cosmeceutical and skincare brand Casmara, the French skincare and cosmetics brand Remy Laure, the professional skincare brand 03, and the premium Indian body and skincare brand Mintree.

A federal judge rejected the bankruptcy-payout plan of defunct auto-parts maker First Brands, concluding the proposal to raise money by suing a long list of insiders and business partners was not realistic.

USA-TRUMP-SPACEX:Trump bought shares in Elon Musk's SpaceX in June, financial disclosure shows

The Tata Sons' board of directors is likely to meet on 17 September around a month after the AGM on 18 August was adjourned due to lack of quorum, according to a recent report citing sources.

Coal India has incorporated a Singapore-based subsidiary, CIL Global Pte. Ltd, to spearhead its international acquisition of critical minerals like lithium and cobalt. 

The transaction marks TCS's second European mega-deal in eight months, providing a key revenue boost amid broader market and automation concerns.

Investors in Healthify will continue in the merged entity, according to Healthify founder Tushar Vashisht.

Google had announced the Visakhapatnam AI hub in October 2025 with a planned $15-billion investment over five years. It later partnered with Adani Enterprises through AdaniConneX to develop a gigawatt-scale data-centre campus with planned capacity of nearly 1GW

A 30-year analysis of the BSE Sensex TRI compares SIP investments made on the best, worst and 15th day of every month. The study examines how the choice of monthly investment date influenced annualised returns and the performance of monthly SIPs over the period.

PFRDA is encouraging wider participation from mutual fund distributors to expand NPS coverage. The StAR NPS platform enables assisted digital onboarding through eligible distributors. Here's how the process works and what investors should know.

Axis Bank will revise several credit card rules from August 28, including higher DCC charges, a new late fee slab, changes to payment settlement and restrictions on reward points.

Robert Kiyosaki emphasises the high cost of financial ignorance, advocating for the pursuit of knowledge over merely focusing on the costs of education. After attending expensive educational programmes, he reflects on the value of ongoing learning to make better financial decisions.

Zomato founder Deepinder Goyal said Temple, his experimental wearable, is now less than half its earlier size and claims it is the smallest wearable on the market by volume. Pre-orders for a limited edition will open soon, with shipping expected by end-2026.

EPFO has clarified when an EPF account becomes inoperative and stops earning interest. Here are four retirementage examples, key rules and practical steps members should know to manage old balances.

The PC maker first introduced small appliances during the pandemic. Since then, it has expanded into large appliances and set up subsidiaries to sell luggage and device repair services. 

Gold and silver prices today, 21 August: 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.

In a major rejig, Manish Anandani will replace Prabha Narasimhan resigned as the Managing Director (MD) and Chief Executive Officer (CEO) of Colgate-Palmolive India. 

Senior citizens in India get higher interest rates, tax concessions and discounts on travel and utilitiesbut with retirement largely self-funded, building a sufficient corpus remains crucial.

The Supreme Court ruled that a retired employee cannot switch pension schemes after accepting benefits. This arose from a case where a retired professor sought GPF coverage after being under CPF. Details of the full case here.