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Bank of America missed $5 billion in suspicious activity | Now it faces a $1.21 billion fine for money laundering

New Delhi, Oct. 14 -- Bank of America has been fined $1.21 billion by US regulators for widespread failures to detect potential money laundering and other illicit financial activity. The incident is l... Read More


Mint Quick Edit | IMF outlook: India's economy has held up impressively

New Delhi, Oct. 14 -- The International Monetary Fund's (IMF) October review of the global economy forecasts India's economy growing 7% in 2026-27 as well as 2027-28, up from its earlier projections o... Read More


Who is Abdulrahman Alfozan? OpenAI engineer arrested by FBI for planting recording device in conference room

New Delhi, Oct. 14 -- The US Department of Justice (DOJ) on Tuesday (local time) said an employee at artificial intelligence (AI) company OpenAI had been arrested and charged with using, or attempting... Read More


Stock market outlook today, 14 Oct: Sensex, Nifty prediction - DJIA, S&P, NASDAQ, GIFT Nifty, Kospi, Nikkei, Taiwan cues

New Delhi, Oct. 14 -- Stock market prediction for Wednesday, 14 October, 2026: The Indian stock market is likely to open on a negative note, as GIFT Nifty signalled a muted opening on Wednesday, 14 Oc... Read More


US inflation jumps to 3.7% in September as Iran war drives gasoline prices higher

New Delhi, Oct. 14 -- US consumer inflation was hotter than anticipated in September, government data showed Wednesday, as Washington's war with Tehran pushed energy costs higher, deepening strains on... Read More


The AI trade led the bull market-but don't bail on the big winners just yet

New Delhi, Oct. 14 -- AI stocks have provided the juice for this bull market, which just turned four. Expectations for strong tech earnings, combined with far more reasonable valuations than just a fe... Read More


Personal loan closure: How long does it take for your credit score to improve?

New Delhi, Oct. 14 -- Paying the final equated monthly instalment (EMI) on a personal loan does not guarantee an immediate improvement in the borrower's CIBIL score. The lender must first report the l... Read More


B2B manufacturing startup Scimplify raises $25 mn led by Hitachi Ventures

New Delhi, Oct. 14 -- Scimplify, a startup that helps companies develop and manufacture speciality chemicals, has raised $25 million in a funding round led by Hitachi Ventures, underscoring growing in... Read More


What is the 'glass cliff'? McKinsey demotes senior partner over remarks on women CEOs

New Delhi, Oct. 14 -- McKinsey has removed senior partner Chris Bradley from his leadership roles after comments he made on LinkedIn questioning the "glass cliff" phenomenon drew criticism. Bradley, w... Read More


India homecoming: Hyderabad-born Prem Watsa behind Fairfax, the Canadian powerhouse that has bought IDBI

New Delhi, Oct. 14 -- At 22, Prem Watsa left Hyderabad for Canada with just $8 in his pocket, despite having little desire to move abroad. More than five decades later, the 75-year-old Indian-Canadian... Read More