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Business

Study Shows Rs 1 Crore May Not Ensure Comfortable Retirement

A recent study by Axis Max Life Insurance reveals that fewer urban Indians now believe Rs 1 crore is sufficient for a comfortable retirement. The Bharosa Talks India Retirement Index Study (IRIS 6.0) found that in 2026, 70% of urban Indians consider Rs 1 crore enough, down from 77% in 2025. Among households earning over Rs 15 lakh annually, only 51% agree, and 63% of metro residents feel the same.

News18 Business·

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Entertainment

Smita Patil Encouraged Nana Patekar to Join Films, He Revealed

Nana Patekar, a renowned Bollywood actor who passed away on October 8 at age 75, credited late actress Smita Patil for encouraging him to enter films. Initially focused on theater, Patekar revealed in a Times of India interview that Smita recommended him to director Ravi Chopra for the film 'Aaj Ki Aawaz.' He expressed deep sorrow over her loss and their close friendship.

News18 Movies·

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Entertainment

Actor Nana Patekar Dies at 75; Leaders and Film Industry Mourn

Veteran actor Nana Patekar, known for his versatility and powerful roles in Hindi and Marathi cinema, has passed away at age 75. He starred in notable films like Parinda, Prahaar, Tirangaa, Krantiveer, and Khamoshi. Patekar received three National Film Awards, multiple Filmfare Awards, and the Padma Shri. Leaders including Assam CM Himanta Biswa Sarma and UP CM Yogi Adityanath expressed grief and praised his nationalist spirit and impactful performances.

Hindu Entertainment·

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Health

NMC Bans 'Guaranteed Treatment' Claims in Doctor Ads

The National Medical Commission (NMC) has issued strict advertising guidelines for doctors and hospitals. Claims such as '100% success' and 'guaranteed treatment' are now prohibited. The guidelines also ban patient reviews, celebrity endorsements, and fake likes in medical advertisements to ensure ethical promotion practices.

News18 Hindi·

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Business

GST Council Considers Major Reforms on ITC, Refunds, Arrests

The 57th GST Council meeting will discuss significant GST 2.0 reforms such as expanding input tax credit eligibility, protecting genuine buyers from supplier defaults, speeding up refunds, simplifying GST registration, and easing MSME compliance. Proposed changes also include removing GST arrest provisions, raising prosecution thresholds, relaxing export rules, and adjusting rates in targeted sectors.

Economic Times·

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Business

RBI Raises Key Interest Rate to 5.50% with 25 Basis Point Hike

The Reserve Bank of India increased its key interest rate to 5.50%, marking a 25 basis point hike—the first in nearly four years. This move signals a shift to a calibrated tightening policy, suggesting possible future rate increases. Despite this, the RBI did not introduce any new liquidity measures, contrary to market expectations.

TOI Business·

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