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GIC Re flags GIFT City competition amid changing reinsurance market

In his maiden annual report address as GIC Res chairman and managing director, Hitesh Joshi outlines a cautiously optimistic outlook for Indias insurance market and the companys growth ambitions ahead.

1 Sep 2026 8:36 pm
Missed 31 August ITR deadline? Here's what taxpayers can do next belated, revised and condonation options explained

Missing the 31 August ITR deadline for AY 2026-27 does not end your filing options. Taxpayers can file a belated return by 31 December, revise an already filed return, or seek condonation of delay in eligible cases.

1 Sep 2026 8:35 pm
Bank locker theft: Will you get your money back if jewellery goes missing?

The Reserve Bank of India regulates the functioning of locker facilities in India and has laid down a regulatory framework, in addition to the operational rules of individual banks.

1 Sep 2026 8:23 pm
Indias data-centre boom may add just $9bn to GDP by 2030

Moodys says data centres would have an even smaller impact on employment, projecting a meagre 0.02% increase in jobs in India over the next four years.

1 Sep 2026 7:39 pm
Ashok Sootas Happiest Minds stake sale to ITC Infotech not driven by AI fears

The clarification from Happiest Minds comes at a time when artificial intelligence has cast a shadow over the future of the countrys $300 billion IT sector, as clients look to shrink their outsourcing costs by deploying AI agents.

1 Sep 2026 7:23 pm
HDFC Bank CEO Sashidhar Jagdishan's refusal for an overhaul fuelled his exit

Rather than push out the bankers he supported, HDFC Bank CEO Sashidhar Jagdishan chose to step aside when his terms ends on 26 October this year.

1 Sep 2026 6:43 pm
September 2026 income tax calendar: Key TDS, TCS, advance payment and audit deadlines you should know

September 2026 has several key income tax deadlines, including TDS payments on 7 September, a TDS certificate deadline on 14 September, the second advance tax instalment on 15 September, and multiple audit report deadlines on 30 September.

1 Sep 2026 6:38 pm
Sanjeev Nautiyal steps down: How the veteran banker steered Ujjivan Small Finance Bank's growth engine as CEO

Ujjivan Small Finance Bank CEO Sanjeev Nautiyal has resigned due to health reasons, effective immediately. He will retire formally on 30 November. Carol Furtado is appointed interim CEO. The bank said Nautiyals tenure had helped strengthen several areas of its operations.

1 Sep 2026 6:23 pm
8th pay commission: Chennai, Puducherry, Chandigarh, Bengaluru Check full list of meeting dates in September, October

The 8th pay commission has scheduled state visits to Chennai, Puducherry, Chandigarh, Bengaluru and Mumbai in September and October 2026. Here's the full list of dates and who can participate in the meetings.

1 Sep 2026 6:22 pm
Mint Explainer | How local is Indias defence infrastructure, really?

With a focus on reducing geopolitical risks, Indias latest defence initiative seeks to localize the production of critical equipment, underscored by a new partnership to manufacture Javelin missiles.

1 Sep 2026 5:39 pm
FAST-DS 2026: Form 1 live on income tax portal for foreign asset disclosure; check eligibility, filing process

Form 1 is now live on the income tax e-filing portal for the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026. This one-time scheme allows eligible taxpayers to disclose foreign assets and income. Declarations can be filed until 31 December 2026.

1 Sep 2026 5:15 pm
High-yield bonds pay more, but theres a catch: Who should invest and how much risk can you take?

High-yield bonds offer higher interest income but carry greater credit, default and liquidity risks than highly rated debt. Experts explain who should consider these bonds, what investors should check and how much exposure may be appropriate.

1 Sep 2026 4:13 pm
Finfluencers are shaping investment choices. How can investors separate advice from noise?

Finfluencers increasingly shape Indian investment decisions, but few are Sebi-registered. Heres what investors should know about stock calls, sponsorships, credentials, red flags and recourse.

1 Sep 2026 3:22 pm
Indian Bank plans 100 new branches, 2,500 new recruits as it looks to strengthen presence in central, western India

Indian Bank plans to open 100 branches and hire 2,500 employees in FY2026-27, focusing on expanding its presence in central and western India. The lender also targets lower NPAs and expects its gold loan book to cross 1.5 lakh crore.

1 Sep 2026 3:13 pm
Pledged your life insurance policy for a bank loan? NCDRC says lender can surrender it without consent

The NCDRC has ruled on a case involving an LIC policy assigned as security for a bank loan, holding that the insurer was not deficient in acting on the bank's surrender request. Here's what the order means for policyholders who use insurance policies as loan collateral.

1 Sep 2026 2:49 pm
High-yield investments can hide a catch. Heres what income investors should know

Dividend stocks, Reits and InvITs can offer attractive payouts, but investors need to look beyond yield to cash flows, capital preservation, taxes and total returns.

1 Sep 2026 2:37 pm
PPF real return is more than 7.1%: Here's the calculation most investors miss

PPF offers 7.1% interest, but eligible old-regime taxpayers may earn a higher effective return after factoring in the Section 80C tax benefit. Heres how the tax saving can push the effective annualised return to around 11%, and why the benefit does not apply to every investor.

1 Sep 2026 2:30 pm
Unacademys $3.44 billion valuation to $200 million acquisition by upGrad: Gaurav Munjal reflects on journey

Edtech company upGrad has completed its acquisition of Unacademy for just over $200 million, far below the latter's peak $3.44 billion valuation. Unacademy co-founder Gaurav Munjal said the deal will benefit the education ecosystem, while highlighting Unacademys impact on online learning in India.

1 Sep 2026 2:28 pm
IPO-bound Parle Products appoints former PepsiCo executive George Kovoor as CEO

Kovoor spent over 30 years at PepsiCo across geographies, including China and the US, before serving as senior vice president and general manager of its India beverages business.

1 Sep 2026 2:12 pm
DA hike: CPI-IW rises to 153.2; is 64% DA likely for central govt employees? Heres what the calculation shows

July 2026 CPI-IW rose 1.3 points to 153.2, taking the running DA calculation for central government employees to about 64% for January 2027. The final DA rate will depend on CPI-IW data for August to December 2026 and the government's formal announcement.

1 Sep 2026 2:06 pm
AdvaRisk in talks to raise $20-25 million from Fundamentum, others

ICICI Bank-backed AdvaRisk is exploring a $20-25 million fundraise as banks step up efforts to detect fraud and recover stressed assets.

1 Sep 2026 12:43 pm
Indias deeptech boom puts growth investors to the test

Bigger rounds are attracting mainstream investors, but underwriting challenges are keeping growth capital cautious.

1 Sep 2026 12:24 pm
Indias micro creator base is growing, but payment delays remain a pain point

Independent creators in India face payment delays and inconsistent income despite high engagement. A 2025 report reveals that nano and micro creators represent over 80% of the non-metro creator base, highlighting the need for clearer payment processes and financial stability within the industry.

1 Sep 2026 12:16 pm
Bankers in the running for HDFC Bank CEO job after Sashidhar Jagdishan exits

The race for the HDFC Bank CEO job would pit several veteran insiders against outsiders who could get a chance to lead Indias largest private sector bank.

1 Sep 2026 12:11 pm
Gift, loan, or Benami? Tax rules to know before adding a family member to a property title

To avoid future legal and tax complications, CA advised buyers to settle the exact nature of the ownership arrangement before finalising a purchase.

1 Sep 2026 11:51 am
Listed hotel chains take the road less travelled to find new growth in obscure locations

Hotel companies are broadening their reach by exploring lesser-known destinations as domestic tourism flourishes. Recent developments highlight a shift towards management contracts in smaller markets, identifying unique travel demands and enhancing brand visibility across diverse regions.

1 Sep 2026 11:45 am
Who is Phil Schiller? Apple veteran steps down from running App Store and product events

According to a Bloomberg report, Phil Schiller has given up these two major responsibilities but will remain at the company with his Apple Fellow title.

1 Sep 2026 10:49 am
Why these retirees sold their family homes and property investments for a better retirement

As children move away and large homes become harder to maintain, retirees are rethinking property. Selling, downsizing or redeveloping can unlock wealth, simplify succession and improve retirement security.

1 Sep 2026 10:22 am
Natco Pharma looks beyond generics for its next growth shot

Chief executive and vice chairman Rajeev Nannapaneni lays bare the changing face of global pharma, explaining why Indian generics firms are scouting for new opportunities.

1 Sep 2026 6:00 am
Pernod Ricard India cuts at least 200 jobs in two years in major operational restructuring

The French spirits maker is trimming mid-to-senior management roles to sharpen focus on high-margin categories, even as strong sales in India buck a global slowdown.

1 Sep 2026 6:00 am
HDFC Bank CEO search faces a race against the RBI clock

RBI has taken anywhere from a little over a month to 14 months to approve the appointment of chief executives of private banks.

1 Sep 2026 6:00 am
Amazon sued by FTC, more than 20 US states over alleged manipulation of advertising prices

The lawsuit, filed on Monday (August 31) in federal court in Seattle, claims Amazon since 2019 has secretly and systematically overcharged about 1.2 million advertising customers.

1 Sep 2026 2:10 am
UBS Scores Interim Win in Struggle Against Swiss Capital Demands

UBS Group AG notched up an interim victory in its multi-year struggle against Switzerlands push to make it hold billions of extra dollars in capital.

1 Sep 2026 12:54 am
From borrowing $4,000 to becoming a billionaire: Two investing lessons from Ray Dalio

Billionaire Ray Dalio's financial setback in the early 1980s changed his approach to investing. After a major miscalculation left him broke, he learned two key lessons: question your own certainty and embrace diversification to manage risk.

31 Aug 2026 11:58 pm
ITC sets stage for its third listed firm, larger IT play with Happiest Minds merger

ITC's wholly-owned arm announced acquisition of Happiest Minds Technologies, wherein it will pick up a 22.1% stake in the firm from founder Ashok Soota for 1,330 crore. It will then merge with Happiest Minds, giving shareholders 25 ITC Infotech shares for every 81 Happiest Minds shares they own

31 Aug 2026 11:24 pm
Meet two internal candidates recommended by Kotak Mahindra Bank to succeed CEO Ashok Vaswani | Profile

Kotak Mahindra Bank has recommended executive directors Anup Saha and Paritosh Kashyap to the RBI as potential successors to CEO Ashok Vaswani, whose term ends on December 31, 2026. Here's a look at the two internal candidates.

31 Aug 2026 11:12 pm
Tim Cooks emotional farewell memo as Apple CEO: My title changes tomorrow, but

In the message, Cook said his departure from the CEO role was a moment he had always known would arrive, but admitted that it was still difficult to believe it had come.

31 Aug 2026 10:28 pm
ONGC plans 1 trillion investment in deepwater exploration by FY31

ONGC plans to invest 1 trillion over five years in deepwater oil and gas exploration, alongside setting up an international energy trading desk by late 2026. 

31 Aug 2026 10:26 pm
Subhash Chandra insolvency case takes new turn as NCLT finds no majority on repayment plan: Report

The NCLT has found no majority verdict on Zee founder Subhash Chandras repayment plan after the third members opinion differed from the original Bench, according to Bar and Bench.

31 Aug 2026 8:43 pm
OpenAIs ad business hits $1 billion within 200 days as ChatGPT expands promotions across 40+ countries

OpenAIs ChatGPT ad business hits a $1 billion annualised revenue run rate in just 200 days as ads expand across more than 40 countries.

31 Aug 2026 8:20 pm
Milky Mist Q1 profit surges nearly 10-fold as summer demand lifts yogurt, ice cream sales

Milky Mist's revenue increased 43.6%, driven by strong summer product sales. The company expects its pricing power to help manage rising milk costs.

31 Aug 2026 7:41 pm
Mint Explainer | Why the Mediation Council of India mattersand what comes next

The Centre has formally established Indias mediation regulator, but appointments and implementation of the Mediation Act remain key to making mediation a mainstream alternative to litigation.

31 Aug 2026 7:17 pm
Start a gram-based SIP in gold and silver FoFs: Axis MF launches industry-first Shagun SIP for investors

Axis Mutual Fund has launched Shagun SIP, an industry-first gram-based SIP for gold and silver fund of funds (FoFs). The feature lets investors choose a gold or silver quantity instead of a fixed rupee amount. Heres how it works, its key benefits, and what investors need to know.

31 Aug 2026 7:13 pm
Zomato layoffs: Hyderabad employees to get August salary, 4 months pay, medical insurance Check details

Zomato layoffs: Food aggregator and delivery platform Zomato will lay off around 240 employees associated with its Customer Delight operations in Hyderabad. The company has offered cut employees August salary, four-months pay, medical insurance Check details

31 Aug 2026 6:53 pm
Mint Explainer | Can foreign investment in e-commerce take India's small manufacturers global?

The move comes as India seeks to widen its exporter base and make it easier for smaller manufacturers to access global markets. Can opening this route to foreign investment take more of India's small manufacturers global?

31 Aug 2026 3:58 pm
NPS charges from October 1, 2026: PFRDA revises PoP fees, 200 onboarding charge and 0.20% AUM fee explained

PFRDA will revise the NPS and NPS Lite PoP charge structure from 1 October 2026, including a 200 onboarding fee and 0.20% annual AUM charge. The regulator has also clarified when e-NPS users are exempt, how dormant accounts are treated and why the original onboarding route matters.

31 Aug 2026 1:32 pm
Hallmarking silver jewellery may become mandatory from October

The move aims to protect buyers from under-purity fraud, bringing silver jewellery under a mandatory BIS certification framework similar to gold.

31 Aug 2026 1:22 pm
Does revenue entry mean property ownership? What Supreme Court said over MP's joint family dispute

The Supreme Court ruled that a revenue record entry does not create or extinguish title to property, emphasizing that relinquishment must be proven. 

31 Aug 2026 1:21 pm
SpiceJet seeks more time to pay 50 crore to Maran

The airline told the Delhi high court it had planned to use the second tranche of emergency credit from the government to meet the first instalment of its 144.5 crore outstanding dues.

31 Aug 2026 12:23 pm
Investing in an IPO? 10 warning signs to look for before placing your bet

IPOs are surging as Sebi approvals near expiry. Investors should watch for 10 key warning signs in the Red Herring Prospectus (RHP) to assess risks and avoid poor-quality investments.

31 Aug 2026 11:58 am