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Finances for raising a child
Business · Finance

Finances for raising a child

Data and inflation models suggest raising a child to age 25 costs a middle-class semi-urban or urban household ₹75 lakh -₹2 crore and an upper-middle-class family ₹2-4 crore, depending on lifestyle and city

Source: The Hindu
Real estate exposure without buying a flat
Business

Real estate exposure without buying a flat

Currently, home rentals yield little but commercial property pays decent yields and Real Estate Investment Trusts (REITs) are the vehicles to tap them and enjoy the returns

Source: The Hindu
Vedika Pinto Defends Musafir Cafe's Changed Ending Amid Criticism: "It Would Not Make Sense"
Business · Markets

Vedika Pinto Defends Musafir Cafe's Changed Ending Amid Criticism: "It Would Not Make Sense"

Vedika, who played Sudha in Musafir Cafe, explained why the makers chose to take a different approach to the story.

Source: NDTV
Government raises deepwater gas price ceiling to $9.89/MMBtu; APM gas cap at $7
Business

Government raises deepwater gas price ceiling to $9.89/MMBtu; APM gas cap at $7

The new ceiling for difficult-field gas, including from the KG-D6 block, is applicable for October 2026 to March 2027, while the APM gas cap for ONGC and OIL’s legacy fields stays at $7 per MMBtu

Source: The Hindu
Remembering Singeetham Srinivasa Rao
Business · Markets

Remembering Singeetham Srinivasa Rao

Having found an ally in Kamal Haasan, Singeetham discovered a sense of freedom, especially in the Tamil industry.

Source: The Hindu
Aged 71, a Chennai resident travels to top-tier international sports events, freezing iconic sporting moments
Business · Finance

Aged 71, a Chennai resident travels to top-tier international sports events, freezing iconic sporting moments

Chennai resident Seshadri Sukumar kickstarted a career in sports photography, mid-life, turning his back on the familiar and the comfortable, including a long career in the banking sector, and that has made all the difference. He is right now covering the 20th Asian Games in Japan

Source: The Hindu
Industrial marketplace Pneucons disables UPI on orders from Oct 10, co-founder says ‘MDR ate 94% of our margins’
Business · Companies

Industrial marketplace Pneucons disables UPI on orders from Oct 10, co-founder says ‘MDR ate 94% of our margins’

Starting October 10, Pneucons will discontinue UPI payments after government imposed a 0.4% MDR charge on orders over ₹2,000, which the company's co-founder says will take a significant toll on its margins. Details here.

Source: Mint
Adani Airport to go ahead with Mumbai redevelopment; airlines reject proposal
Business · Companies

Adani Airport to go ahead with Mumbai redevelopment; airlines reject proposal

Adani Airports chief executive Arun Bansal has assured airlines that the shift to Navi Mumbai airport is temporary. The airlines said their support for Terminal 1 redevelopment could not be construed as consent to the proposed reduction in international slots

Source: Mint
Fleur to deploy $1 bn as Lemon Tree splits ownership, management businesses
Business · Companies

Fleur to deploy $1 bn as Lemon Tree splits ownership, management businesses

The planned separation will allow Lemon Tree to focus on asset-light hotel management, franchising and branding, while Fleur takes on the capital-intensive business of owning and developing hotels.

Source: Mint
Cornell president calls alleged gang rape ’deeply disturbing’, pledges greater transparency
Business · Markets

Cornell president calls alleged gang rape ’deeply disturbing’, pledges greater transparency

Scrutiny has mounted in recent days over Cornell’s response to allegations that the woman was sexually assaulted by multiple fraternity members in 2024

Source: The Hindu
GST arrest powers on way out amid concerns over taxmen’s overreach
Business · Finance

GST arrest powers on way out amid concerns over taxmen’s overreach

Source: The Indian Express
Intesa Says Paschi Bid to Lapse If Holders Back Rival Deals
Business · Companies

Intesa Says Paschi Bid to Lapse If Holders Back Rival Deals

Intesa Sanpaolo SpA said its offer for Banca Monte dei Paschi di Siena SpA will lapse if Paschi shareholders back either of its proposed bids for Banco BPM SpA and Banca Generali SpA at an Oct. 29 meeting.

Source: Mint