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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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Who are Rungta brothers? The mining tycoons now worth ₹40,000 crore | Company Business News
1+ hour, 32+ min ago (425+ words) Nandlal Rungta and Mukund Rungta, founders of Rungta Mines Limited (RML), have made their debut on Fortune India’s list of the top 100 billionaires, securing the 61st position with a combined estimated wealth of ₹40,000 crore. The brothers’ entry underscores the scale of…...
Nagaland govt examining delays in pension, other retirement benefits??? Here's what could change
16+ hour, 15+ min ago (208+ words) Nagaland is examining delays in pension and other retirement benefits for state government pensioners and is working on digitising the process, Chief Minister Neiphiu Rio informed the Assembly earlier this month, PTI reported. Responding to a query raised by MLA…...
Oracle is betting big on AI and debt. Now Larry Ellison could cash in $7.5 billion | Company Business News
20+ hour, 52+ min ago (691+ words) Larry Ellison has adopted a trading plan that could allow him to sell as many as 50 million Oracle shares, worth about $7.5 billion at the current price. Oracle's aggressive push into artificial intelligence infrastructure is putting pressure on its finances even…...
Can being a loan guarantor affect your chances of getting a loan? Expert explains
23+ hour, 41+ min ago (523+ words) Becoming a loan guarantor for a friend, relative, or someone you know can seem like a generous act of support and affection. Still, in legal terms, it can have its own set of complications, as it can directly affect your…...
Informal workers may soon open pension accounts via mobile, make contributions using UPI: PFRDA plan explained
1+ day, 45+ min ago (445+ words) The Pension Fund Regulatory and Development Authority (PFRDA) may soon offer mobile-based pension accounts to help informal workers save for retirement through small, regular contributions, the regulatory body's chairperson Sivasubramanian Ramann said on Thursday. The proposed system will allow workers…...
ECB’s Kaasik Says Understandable Why Markets See More Rate Hikes | Stock Market News
1+ day, 4+ hour ago (306+ words) (Bloomberg) -- Investor bets on additional European Central Bank increases in borrowing costs are logical given the present situation, according to Governing Council member Ulo Kaasik. “It’s true the markets are expecting the interest-rate hiking cycle to continue, and looking at…...
Xflow partners with HSBC to collect payments from Indian users for global businesses; here's why it is important | Company Business News
1+ day, 4+ hour ago (407+ words) Xflow, a cross-border payments platform, on Friday announced a partnership with HSBC, in a move that will make it easier for global businesses to collect payments from Indian customers using cards, net banking and UPI for online and recurring payments....
Credit score 780, but home loan application rejected? Expert explains what lenders look for
1+ day, 9+ hour ago (416+ words) Your credit score is like your financial report card. It is a three-digit number provided by leading credit bureaus across the nation, such as CRIF High, Experian, Equifax and TransUnion CIBIL. These leading companies have been granted a license by…...
Want regular income after retirement? How annuity plans work and what you should know about them
2+ day, 7+ hour ago (314+ words) Retirement planning is not just about building a large corpus that looks sufficient on paper. It is also about ensuring that the money lasts throughout your lifetime and provides a regular income after you stop working. Once you buy an…...
He had???15 lakh in savings but still lost money. Here???s how a 32-year-old fixed his portfolio
1+ day, 16+ hour ago (382+ words) Being careful with money does not always mean that one has made a sensible financial decision. Let's talk about a 32-year-old software engineer who has built up ₹15 lakh in savings. He was single, earning well and had money coming in…...