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100 now costs 2.1 million Iranian rials: Heres what it can buy in Tehran

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

26 Aug 2026 7:04 pm
Planning to start a family? Here's why employer's group health cover is not enough for maternity needs

New-age health covers allows couples to get covered well before pregnancy and better align insurance with their family plans

26 Aug 2026 3:10 pm
Have undisclosed foreign assets worth 1 cr? Here's when you pay 60L and 1L in tax under FAST-DS scheme

The FAST-DS scheme allows small taxpayers to disclose foreign assets and income until December 31, 2026. Affected taxpayers must pay an additional levy based on asset category, which varies significantly between undisclosed and already-taxed foreign assets.

26 Aug 2026 2:47 pm
Mint Explainer | Will the new H-1B rules reshape the Indian IT strategy?

The US has raised the H-1B visa fee to over $100,000 and paused new visa appointments globally to train staff on new visa rules. How will it impact Indian workers and companies?

26 Aug 2026 2:09 pm
Mechanical Turk: Why is Amazon shutting down crowdsourced work platform which jeff bezos called Artificial AI?

Amazon is shutting down Mechanical Turk, its crowdsourced work platform, on 30 September, 2026. Launched in 2005, the service connected workers with tasks such as data labelling and surveys, but faced declining investment, growing competition, and questions over data quality.

26 Aug 2026 1:02 pm
India ticks all the boxes for long-term investors: CPPIB

CPP Investments sees data centres, infrastructure and real estate as key opportunities in India as the countrys economic growth, expanding middle class and digital economy drive demand for new assets.

26 Aug 2026 12:27 pm
OpenAI data centre chief Chris Malone exits as executive departures mount, US backlash over AI infrastructure grows

Malone joined the company in March 2025, and is now leaving after one-and-a-half years. His previous stints were at other tech giants like Meta and Google.

26 Aug 2026 12:04 pm
Deloitte to pay US govt $21.5 mn to settle 'discriminatory' practices claims, months after IBM agreed to pay $17 mn

Accounting and consulting giant Deloitte has agreed to pay the US government $21.5 million to settle allegations that it violated federal contracting laws by discriminating based on race and sex. The settlement comes as the Trump administration steps up its crackdown on corporate DEI practices.

26 Aug 2026 11:42 am
Can bundling change the game for audio streaming platforms in India?

Indias music-streaming market is betting on telecom, OTT, banking and other bundles to convert reach into paying users, but experts say exclusive content and better licensing economics will be key to making the model work.

26 Aug 2026 10:51 am
Anthropic sees $30 trillion TAM as it looks to surpass SpaceX's $28.5 trillion largest actionable market: Report

This large TAM will help the company justify its valuation as well as its heavy spending on infrastructure, guide its product priorities, as well as frame its rivalry with other AI giants like OpenAI and Google.

26 Aug 2026 10:39 am
Meta reportedly discussing a mid-trial settlement as the case by 29 state attorneys general enters its second week

Meta is reportedly discussing a mid-trial settlement in a case brought by 29 states accusing it of designing Facebook and Instagram to addict teens. The company faces potential penalties of up to $1.4 trillion if it loses the trial.

26 Aug 2026 8:58 am
Indian ITs mid-caps are gaining ground in the bank battle

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.

26 Aug 2026 6:00 am
Hero MotoCorp opts for an unorthodox strategy for its leadership reset

Hero MotoCorp has appointed five senior executives from non-two-wheeler backgrounds to steer its shift toward electric vehicles, premium motorcycles, and exports. 

26 Aug 2026 6:00 am
Shree Naman Group wins bids for JW Marriott Bengaluru, Crowne Plaza Pune at 1,800 crore

Shree Naman Group wins bids for two Advantage Raheja Group properties after a six-month bidding process under the insolvency resolution mechanism.

26 Aug 2026 6:00 am
India is going offline again: New study reveals how consumers are moving away from digital payments in 2026

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. 

25 Aug 2026 11:04 pm
Air India seeks $1.5 billion from owners Tata, Singapore Air as losses mount: Report

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. 

25 Aug 2026 7:41 pm
FedEx ramps up India investment as high-value exports take off

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

25 Aug 2026 6:43 pm
Can you deduct brokerage and STT from capital gains? A tax expert explains

Capital gains tax treatment differs for brokerage, STT and loan interest. Learn which investment expenses can be deducted, which are excluded and how taxpayers should assess borrowing costs.

25 Aug 2026 3:24 pm
PPFAS GIFT cuts minimum investment in Nasdaq-100, S&P 500 funds from $5,000 to $500: What investors need to know

PPFAS GIFT has cut the minimum investment in its Nasdaq-100 and S&P 500 fund of funds from $5,000 to $500. The 90% reduction lowers the entry requirement by about 4.3 lakh for eligible investors seeking US equity exposure through GIFT City.

25 Aug 2026 12:32 pm
Airbound raises $37 million in Series A round from Greenoaks

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.

25 Aug 2026 12:29 pm
Moving abroad for work? Check these EPF rules before you leave India

Employees moving abroad and foreign nationals working in India may fall under EPFOs International Worker rules, which can affect PF contributions, withdrawals, pension eligibility and social-security coverage.

25 Aug 2026 12:25 pm
From binge to buzz: why OTT is spacing out episodes again

OTT platforms are breaking the binge, one episode at a time. Staggered drops are helping shows build momentum, sustain conversations and drive higher cumulative viewership and retention.

25 Aug 2026 11:18 am
Nexedge Capital raises $20 mn from Mirae Asset and Elev8 Venture Partners

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.

25 Aug 2026 6:00 am
Coal India sets up subsidiary in Singapore for global critical mineral assets

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

24 Aug 2026 10:43 pm
Direct vs regular mutual funds: Why the same scheme can give different returns

Both plans invest in the same underlying assets. The main difference lies in how the investor purchases the fund and the costs involved in the process.

24 Aug 2026 10:14 pm
SCSS, PPF, SSY, MIS and KVP: Why premature withdrawal from post office schemes can cost more than you think | Explained

Premature withdrawal from post office schemes Senior Citizens Saving Scheme, Public Provident Fund, Sukanya Samriddhi Yojana, Monthly Income Scheme and Kisan Vikas Patra can cost more than you think. We explain

24 Aug 2026 7:03 pm
Opted for new tax regime? Why income below 12 lakh can still trigger a demand notice

The income tax regime chosen, the nature of the income and, crucially, compliance with the prescribed procedure can all affect the final outcome.

24 Aug 2026 5:49 pm
Presumptive taxation scheme: What are the 3 sections and who can opt for them key income rules explained

The ITR-4 deadline is approaching for taxpayers using presumptive taxation. Sections 44AD, 44ADA and 44AE offer simplified tax rules for eligible businesses, professionals and goods-carriage operators. Heres who can opt, the income limits and key conditions to know.

24 Aug 2026 4:41 pm
10 crore in 15 years: Can your SIP really grow that much? How much should you invest every month? Check out the maths

Is it possible to reach his 10 crore goal in 15 years simply with SIPs? Check out the simple calculations behind the investment strategy.

24 Aug 2026 4:30 pm
Mint Explainer | Can India build a homegrown smartphone brand?

Though India is one of the worlds top destinations for smartphone assembly after China, and alongside Vietnam, Thailand and Malaysia, the countrys own brands could never make it over the past decade. Is a major homegrown phone feasible in the country?

24 Aug 2026 4:24 pm
Multiple health insurance policies: Can you claim from two insurers for the same hospital bill? Experts explain

Having multiple health insurance policies can help cover a hospital bill when one policy falls short. Here is how insurers coordinate claims, which policy pays first and how much you can actually receive.

24 Aug 2026 4:13 pm
Citigroup, Axis Bank team up to leverage NRI deposits and boost dollar inflows

Under the arrangement, Axis Bank will issue standby letters of credit to support financing provided by Citigroup through its offshore operations

24 Aug 2026 3:58 pm
US-based Plaud bets India can outpace its global AI wearables growth

Plaud's expansion into India comes at a time when India's wearables market is estimated to hit $3.6 billion this year.

24 Aug 2026 3:31 pm
PPF, SSY, NSC, KVP, MIS or Time deposit: Which post office scheme saves the most tax?

Small savings schemes vary based on individual needs and tax situations. Notable options include PPF with 7.1% interest, SSY at 8.2%, and NSC at 7.7%, each with tax benefits, lock-in periods, and unique characteristics.

24 Aug 2026 3:13 pm
PPF calculator: 1,000, 5,000 or 10,000 monthly investment can build this corpus in 15 years

PPF investment calculator: See how 1,000, 5,000 and 10,000 monthly investments could grow over 15 years at 7.1%. Check the PPF returns, tax benefits, contribution limits and long-term savings. 

24 Aug 2026 2:23 pm
Going abroad? Your EPF rules may change if you are an International Worker

Working abroad or hiring a foreign national in India? EPFOs International Worker rules can change how much you contribute, when you can withdraw EPF and how social-security benefits work.

24 Aug 2026 2:14 pm
Tax regime switch: why ticking the box is not enough for business, professionals

On examining the return and the applicable compliance requirements, we found that the taxpayer had selected the new tax regime but had not furnished Form 10-IEA. The department consequently processed the return under the old regime.

24 Aug 2026 2:07 pm
LIC's record OFS stirs the 'near-zero' deal advisor fee debate again

LICs 31,500 crore share sale will earn its four investment banks a paltry 4 lakh in fees in total, reviving concerns over aggressive undercutting as banks chase prestige and future mandates, while the smaller advisors risk being priced out.

24 Aug 2026 1:28 pm
Embassy REIT unitholder flags alleged disclosure lapses, questions Axis Trustee role before SEBI

A complaint to SEBI by an Embassy REIT unitholder accuses delayed disclosures of criminal cases involving its sponsor and promoters. Embassy Group refuted the claims, labeling them as unfounded attempts to damage its reputation, citing previous court dismissals of similar allegations.

24 Aug 2026 12:42 pm
Why airfares are rising even as fewer Indians fly

Airlines are cutting flights faster than demand is falling, keeping planes more than 85% full and leaving passengers with fewer chances of cheaper fares.

24 Aug 2026 12:09 pm
Why Ramayana could change how Indian films travel overseas

Sony Pictures distribution of Ramayana could help Indian films break beyond diaspora audiences. Global studios bring scale and reach, while Indian distributors offer local insightmaking hybrid models an increasingly compelling route for ambitious films.

24 Aug 2026 11:59 am
IHCL to merge Oriental Hotels in all-stock deal, adding 825 rooms

The merger will simplify IHCLs holding structure, give it direct ownership of seven OHL hotels and allow it to deploy its balance sheet on upgrades and expansion.

24 Aug 2026 11:54 am
Nomura sees strong public market momentum, global buyout interest in India

Nomura expects Indias public markets to remain active as QIPs and block deals gain ground, while global buyout funds with dry powder continue to scout for large India opportunities.

24 Aug 2026 10:02 am
Third Wave Coffee raises 408 crore from Westbridge Capital as it takes coffee play to more cities

Third Wave Coffee has raised 408 crore from existing investors Westbridge and Creaegis as it targets 400-500 stores, expands into smaller cities and builds new food and beverage categories.

24 Aug 2026 10:01 am
KPMG Australia cuts 400 jobs amid ongoing scandal, slowed demand for consulting services: Report

KPMG Australia is cutting around 400 jobs, or 5% of its workforce, amid weak economic conditions, falling consulting demand, and the fallout from a scandal involving confidential client information. Revenue and partner pay also declined, while its CEO expects tough conditions to persist

24 Aug 2026 9:54 am
Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AI

ALIBABA-FUNDRAISING:Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AI

24 Aug 2026 7:45 am
Indian jewellers roll out cash-for-gold schemes ahead of festive season

As the festive season approaches, companies are optimistic about increasing demand despite previous purchasing hesitations due to elevated prices.

24 Aug 2026 5:45 am
Centre grants four-month relief to renewable projects hit by West Asia war

The provision will protect clean energy developers from the risk of penaltiesincluding encashment of bank guarantees, payment of daily extension fees, other financial compensation or reduction in contracted tariffsfor missing their project completion deadlines.

24 Aug 2026 5:31 am
Brown-Forman Family Members Rebuked Companys Management

Weeks after Brown-Forman Corp. announced it had terminated discussions to combine with spirits group Pernod Ricard SA, two members of the family that controls the owner of Jack Daniels drafted a letter to the board. Their assessment was withering.

24 Aug 2026 2:26 am
Volkswagen to cut jobs? CEO Oliver Blume warns employees carmaker's situation more than critical

Volkswagen CEO Oliver Blume warned employees the carmaker's position is more than critical adding that the company and the German car industry is facing the biggest upheaval in their history due to global headwinds and Chinese competition. 

23 Aug 2026 11:03 pm