Mint Business News - Official Channel

#MintMarkets | Indian equity markets closed higher on Wednesday, with the Sensex rising 332.63 points to 74,336.45 and the Nifty gaining 99 points to 23,217.60.

https://www.livemint.com/market

India's cabinet has approved increasing the wage ceiling for Employees' Provident Fund coverage from 15,000 to 25,000 rupees, as announced by Information Minister Ashwini Vaishnaw.

https://www.livemint.com/news/india/epfo-wage-ceiling-raised-to-25-000-from-15-000-ashwini-vaishnaw-11789552502835.html

PhonePe CEO Sameer Nigam discusses the future of UPI and the debate around MDR (Merchant Discount Rate) on digital transactions. He explains why transaction charges could be important for the long-term revenue sustainability of payment apps, while highlighting the need to reinvest in infrastructure, technology and cybersecurity.

Watch: https://www.youtube.com/watch?v=nxCLECEGvd4

Robert Kiyosaki warns that a significant stock and bond market crash has begun, influenced by factors like the AI frenzy and excessive debt. He emphasizes the need for financial preparedness, especially for those over 40, while sharing his strategies for navigating the potential crisis.

Read more: https://www.livemint.com/market/stock-market-news/biggest-crash-in-history-has-started-robert-kiyosaki-warns-investors-of-market-crash-as-ai-war-and-debt-fuel-fears-11789539662627.html

Oracle has begun a fresh round of layoffs in India, with employees across teams receiving termination notices as the technology major continues its cost-cutting drive. Employees have described sudden termination emails and immediate loss of access to company systems, with some saying they had no indication that their jobs were at risk.

Watch: https://www.youtube.com/watch?v=4qdjovpaAwY

💹 Market Opening | Benchmarks Open Strong
Sensex surged points 287.73 (0.39%) to 74,291.55 while Nifty gained 91.4 points (0.40%) to 23,210.00 in early trade, opening the week on a strong note.

Track all market updates here: livemint.com/market

#MintMarket | Vaishali Parekh has predicted a gap-up opening, as the Gift Nifty live chart is trading above yesterday's spot Nifty 50 close and its previous close

Read more: https://www.livemint.com/market/stock-market-news/market-prediction-gift-nifty-up-vaishali-parekh-picks-three-buy-or-sell-stocks-rec-dabur-india-hul-11789526498238.html

Jio has partnered with Canva to offer eligible users up to 12 months of Canva Pro or Canva Pro Lite at no extra cost. Users on the ₹399 plan can get Canva Pro, while eligible ₹349 and select 2GB/day plans can get Canva Pro Lite.

Read in detail eligible plans, features and how to claim here 👇https://www.livemint.com/technology/apps/jio-users-get-canva-pro-free-for-12-months-eligible-plans-features-and-how-to-claim-11789528111492.html

Petrol and diesel prices today, 16 Sep: Check fuel rates in Delhi, Mumbai, Bengaluru and metropolitan cities

Read more: https://www.livemint.com/news/india/petrol-and-diesel-prices-today-sept-16-how-much-does-fuel-cost-in-delhi-mumbai-bengaluru-check-here-11789524764564.html

#MintMarket | Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment

Read in detail: https://www.livemint.com/market/stock-market-news/vedanta-to-idfc-first-bank-jay-thakkar-suggests-3-stocks-to-buy-or-sell-for-short-term-in-f-o-segment-11789524071178.html

#MintMarket | MarketSmith India reveals its top stock recommendations for today, 16 September. Get expert insights into the best-performing stocks to guide your investment decisions.

MarketSmith India report

Read in detail: https://www.livemint.com/market/stock-market-news/stock-recommendations-for-16-september-from-marketsmith-india-11789472199358.html

#MintMarkets | Sumeet Bagadia recommends five breakout stocks to buy today 📈

Breakout stocks to buy or sell read in detail 👇
https://www.livemint.com/market/stock-market-news/stocks-to-buy-colgate-to-rossell-techsys-sumeet-bagadia-gives-five-breakout-shares-for-wednesday-16-sep-11789520287227.html

#MintMarket | Market expert Raja Venkatraman shares his top stock picks for 16 September.

Here’s his technical outlook and trade strategy 👇🏻
https://www.livemint.com/market/stock-market-news/raja-venkatraman-recommends-two-stocks-for-16-september-11789495431616.html

A Bengaluru CEO’s post quickly struck a nerve on social media, sparking a fierce debate among taxpayers over the normalisation of “DIY governance” and the persistent breakdown of civic accountability.

Read more: https://www.livemint.com/news/trends/bengaluru-ceo-fixes-broken-footpath-for-2-700-after-lack-of-action-from-bbmp-sparks-debate-on-diy-governance-11789456104934.html

Rapido has been fined ₹10 lakh by the CCPA over prompts that allegedly nudged riders to pay more before rides were confirmed.

Here’s what the regulator found, how dark patterns can influence spending and what consumers should check before agreeing to pay extra.

Read more:https://www.livemint.com/money/personal-finance/ccpa-imposes-10-lakh-penalty-on-rapido-how-dark-patterns-and-tipping-prompts-nudge-you-to-pay-more-for-a-ride-11789478962678.html

Tata Trusts want Tata Sons to explore all options, including asking the Reserve Bank of India to reconsider and clarify its decision directing it to go public, before taking legal recourse, two group executives aware of the plans said.

Read more: https://www.livemint.com/companies/tata-trusts-to-urge-tata-sons-to-seek-rbi-reconsideration-on-public-listing-order-before-pursuing-legal-action-11789476679910.html

NPCI today announced merchant discount rate on select UPI transactions, keeping UPI free for consumers. It said that MDR of 0.4% will be applicable on P2M UPI payments above ₹2,000, capped at ₹300 per transaction.

Read more: https://www.livemint.com/money/personal-finance/mdr-on-upi-transactions-npci-announces-0-4-on-payments-above-rs-2-000-check-details-11789476853142.html

🚨📽Indian astronaut Shubhanshu Shukla marked Ganesh Chaturthi with a special post featuring Lord Ganesha floating peacefully in space.

Group Captain Shubhanshu Shukla made history in 2025 as the first Indian to visit the International Space Station for the Axiom Mission 4.

Concerns over Imran Khan’s health and treatment in detention have united cricket legends once again. Australian Foreign Minister Penny Wong has received a humanitarian appeal from former Australian captains.

The signatories include Allan Border, Greg Chappell, Ian Chappell and Belinda Clark. Kim Hughes, Mark Taylor and Steve Waugh also signed the letter.

Read more: https://www.livemint.com/news/world/imran-khan-helped-improve-lives-of-pakistanis-australian-cricket-greats-now-fear-former-pakistan-pm-will-die-in-jail-11789470131852.html

Zimbabwe's Brendan Taylor did what no one in the last 14 years could achieve, as the 40-year-old surpassed legendary Indian Sachin Tendulkar for the longest cricketing career in one-day internationals. Having made his ODI debut for Zimbabwe in 2004, the wicketkeeper batter achieved the feat during the first game against Australia in Harare on Tuesday.

Read more: https://www.livemint.com/sports/cricket-news/zimbabwes-brendan-taylor-surpasses-sachin-tendulkar-for-longest-cricketing-career-in-mens-odis-who-are-in-top-5-11789463917747.html