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Trump honours teen lifeguard who risked life saving 10-year-old, jokes to rescued boy: 'I don't know if I'd do it...'

New Delhi, Aug. 18 -- A 16-year-old lifeguard who battled powerful waves to save a 10-year-old boy off the California coast has been honoured at the White House, where he met US President Donald Trump... Read More


Does an NRI get taxed for gifting savings to his father's HUF? Does this fall under Income from Other Sources? Explained

New Delhi, Aug. 18 -- An NRI living in the UK asked Mint Money about gifting savings to his father's HUF. He wanted to know about possible tax implications. Now, gifting money doesn't create tax liab... Read More


8th pay commission: Here's how much fitment factor of 2.57, same as 7th CPC, can hike salaries for employees

New Delhi, Aug. 18 -- The 8th Central Pay Commission (8th CPC) is in its consultation stage now, with plans to interact with employee and pensioner associations, federations, unions of central governm... Read More


From Gift Nifty to Kospi rally, crude oil prices: 6 key things that changed for Indian stock market overnight

New Delhi, Aug. 18 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a negative note on Tuesday, 18 August. Asian markets traded largely lower on Tuesday, meanw... Read More


57% of employers use senior job titles to retain talent, reveals survey: Do employees value designations over pay?

New Delhi, Aug. 18 -- Did you know that 57% of employers use senior job titles just to attract or retain talent? But do employees in India value these designations when they do not come with higher pa... Read More


Rs.8,452 crore in PM CARES corpus, reveal public documents, most funds in fixed deposits

New Delhi, Aug. 18 -- The PM CARES Fund corpus rose to a record Rs.8,452 crore in 2024-25 from Rs.7,173 crore in 2023-24, according to its latest audited statements made public. The latest audited st... Read More


How a private non-profit is fueling India's sports medal tally

New Delhi, Aug. 18 -- During his Independence Day address, Prime Minister Narendra Modi expressed India's desire to host the 2036 Olympics in Ahmedabad, for which the country has already submitted a l... Read More


Mint Quick Edit | The US-Iran memo may be irrelevant but the future of this chokepoint is not

New Delhi, Aug. 18 -- With mutual strikes continuing and both the US and Iran having declared the unceremonious binning of their June memo on an interim truce, it's effectively inconsequential whether... Read More


ENG vs PAK: Big blow for Pakistan ahead of Headingley Test as Babar Azam ruled out; Salman Ali Agha steps in as captain

New Delhi, Aug. 18 -- In a big blow for Pakistan ahead of the first Test against England at Headingley starting Wednesday, Babar Azam has been ruled out due to injury. Babar has been unable to recover... Read More


How heavy AI spending can pay off for Amazon and Meta

New Delhi, Aug. 18 -- Everyone is afraid that technology companies are spending too much. But Evercore analyst Mark Mahaney notes that a host of internet companies are starting to show that they are e... Read More