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Business News: Read latest Business News headlines, LIVE share market news and updates, financial, economic and banking news from India & across the World on Mint.
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News
???5 lakh health claim rejected over waiting period: Why Mumbai consumer forum backed policyholder
50+ min ago (608+ words) In a significant ruling for health insurance policyholders, a consumer forum has held that insurers cannot mechanically invoke a waiting-period clause to reject a claim unless they can establish that the illness was pre-existing. The Mumbai Suburban District Consumer Disputes…...
5 lessons from Morgan Housel's The Psychology of Money: Why your financial intelligence doesn???t matter
54+ min ago (445+ words) Your salary has increased, yet saving still feels difficult. A friend earns less but seems more financially secure. Why does this happen? Morgan Housel's The Psychology of Money, released in September 2020, explores how behaviour shapes financial decisions. Knowing calculations helps....
DA news: Full list of states that have announced dearness allowance hikes, payment of arrears for employees so far
1+ hour, 33+ min ago (302+ words) Updated biannually using data from the All-India Consumer Price Index (AICPI), dearness allowance (DA) is a percentage of employees' basic pay that aims to mitigate the inflation impact and rising cost of living. New announcements usually come in March and…...
Tatkal NPS goes live on BHIM app: How to open an account in 3 steps, minimum contribution and eligible banks
2+ hour, 35+ min ago (391+ words) The Pension Fund Regulatory and Development Authority (PFRDA) has announced the launch of Tatkal NPS on the BHIM Payments App, allowing eligible bank customers to open a National Pension System (NPS) account directly through the app. The regulator made the…...
Why your SIP may not be delivering the returns you expect: Mistakes that mutual fund investors should avoid
4+ hour, 31+ min ago (683+ words) A systematic investment plan (SIP) allows individuals to invest a fixed amount in mutual funds at regular intervals. However, just because you are putting money in one or multiple funds every month does not mean your investments will deliver the…...
British fintech Revolut confirms sensitive customer data exposed in a scam; says only 'limited number' of users affected | Company Business News
8+ hour, 16+ min ago (452+ words) British fintech firm Revolut on Saturday (local time) confirmed that sensitive customer data was exposed in a scam involving an unauthorised third party that used a legitimate government email domain. According to a TechCrunch report, the disclosed information included customers…...
Will your minor child's income be clubbed with yours while filing ITR? Know when and how it is taxed
9+ hour, 31+ min ago (696+ words) A minor may have income from investment, gifts, interest, their own skills or other such sources. While most parents may assume that such earnings will automatically be added to their own income while filing income tax return (ITR) and taxed…...
Bank holidays this week: SBI, HDFC, ICICI, PNB closed on up to 4 days from 14???20 Sep; check city-wise RBI list
10+ hour, 53+ min ago (353+ words) Customers planning to visit bank branches this week should check the holiday schedule before heading out. Banks will remain closed for four days between September 14 and September 20, 2026, although not all closures apply across the country. The schedule covers branches of…...
Indian investors are overpaying for foreign ETFs. Beware the risks.u
12+ hour, 14+ min ago (465+ words) From 4 to 9 September, the Nasdaq Q-50 index — made up of 50 companies next in line to enter the Nasdaq-100 — did little. However, an Indian exchange-traded fund (ETF) based on this index — Motilal Oswal Nasdaq Q50 — saw its market price shoot up by 50%. On…...
PFRDA looking to allow workers registered on e-Shram portal to open pension accounts via mobile phone, says Chairman
19+ hour, 42+ min ago (281+ words) The PFRDA is working on tech to allow workers from the informal sector, registered on its e-Shram portal, to open pension accounts via mobile phone, according to Chairman S Ramann. We are, therefore, looking at how people, who are already…...