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08.03 / 02:07
markets Manufacturing CEO Occidental track reports In charts: The final report card of Buffett's era and Greg Abel’s challenges
Buffett stepped down as its CEO after 60 years in the role. He announced the decision at the company's annual shareholder meeting in May, citing the physical effects of ageing.Buffett had taken control of Berkshire in 1965, when it was a struggling textile manufacturer. Alongside his partner Charlie Munger, who passed away in 2023, he built it into a sprawling conglomerate with holdings spanning insurance, railroads, energy, utilities, manufacturing, and consumer goods.
08.03 / 02:07
UPS Provident Death Equality Courts rights Updates Women and inheritance: What the law says about your property rights
Owning property is a big step toward financial independence for women. It provides status in society and an economic foundation.“It is security for life, and it's their right,” said Gautam Khurana, managing partner & founder, India Law Offices LLP in Delhi.However, land ownership by women in India remains abysmal. Only 18.7% of women between the ages 15 and 49 own a house by themselves, while 13.7% own it jointly with someone else, according to World Bank data.Historically, daughters are often excluded from property distribution after a father’s death.
08.03 / 02:07
markets Citi Digital Sustainability inclusion rights Updates In a growing portion of India, nearly every third investor is now a woman
Coming to the next milestone, more than half of Indian states now have a female-investor share that exceeds the national average of nearly 25%. Despite this, the underlying momentum is undeniably positive as the needle is moving in the right direction nearly everywhere.
07.03 / 12:57
markets Opinion Universities Updates Commentary The odds of financial crises are rising. Will the US be there to help?
About the author: Robert Hormats is a visiting lecturer at Yale University. He is the former Undersecretary of State for Economic Growth, Energy, and the Environment and former Vice Chairman, Goldman Sachs International.Guest commentaries like this one are written by authors outside the Barron’s newsroom. They reflect the perspective and opinions of the authors. Submit feedback and commentary pitches to [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
07.03 / 10:53
markets Provident Gap Strategy Food Updates A guilt gap in Indian kitchens is a $50 bn market for clean-label ingredients. E.g.: idli, dosa batter
ready-to-eat, or RTE, market. Yet, despite this gap, the RTE and the adjacent ready-to-heat segment already has an addressable consumer base of 70-80 million Indians, reflecting the latent scale of the opportunity.For years, the industry assumed that faster delivery would automatically drive adoption. The rise of quick commerce was treated as a breakthrough, as though reducing delivery time to ten minutes would dissolve consumer hesitation.But, speed was never the real barrier.
07.03 / 10:53
markets Updates How the OpenAI-Anthropic feud could warp the future of AI
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
07.03 / 08:57
Election War show reports Operation Epic Fury sparks a high-stakes balancing act in India
This week the focus is on the widening war in West Asia, which matters to us as there are 9-10 million Indian expatriates in the region.It’s now day 7 of Operation Epic Fury, launched jointly by the US and Israel on 28 February. It’s what we were all warned about for years, perhaps even decades – a conflagration in West Asia. As it stood, Iran was at its weakest in decades and Israel perhaps saw it as too good an opportunity to pass up.
07.03 / 08:57
markets COST Trade War Updates A winning blue-chip fund flips the script on the AI trade
Write to Ian Salisbury at [email protected] U.S.-Israel war against Iran that began on Feb. 28 has investors worried about broader fallout. On Friday, oil prices hit a psychologically important $90 a barrel for the first time in two years as Kuwait cut output.
07.03 / 06:21
markets Strategy War Updates Iran’s high-risk strategy for a no-limits Middle East war
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
07.03 / 05:47
markets Updates Israel sees a chance to destroy Hizbullah at last
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
07.03 / 01:37
markets UPS Manufacturing Strategy Food AGRO beautiful Mint Explainer: Why Reliance is betting on legacy regional brands to build its FMCG empire
₹5,065 crore, up 60% year-on-year, according to an earnings statement from Reliance Industries.India’s FMCG sector remains dominated by established players such as Hindustan Unilever Ltd, which reported revenue of about ₹64,138 crore in FY25—highlighting the scale of the opportunity Reliance is targeting as it builds its consumer business.“What Reliance is doing is cobbling together a portfolio of brands that already have some momentum,” said Arvind Singhal, chairman of The Knowledge Company, a Gurgaon-based management consulting firm.Mint explains the strategy behind Reliance’s push to acquire regional brands and how it differs from rivals.Over the past few years, Reliance Consumer Products Ltd (RCPL) has assembled a portfolio of regional brands across food, beverages and personal care.One of its latest additions is Chennai-based Southern Health Foods Pvt. Ltd, which sells millet-based foods, health mixes and baby nutrition products under the Manna brand.
07.03 / 01:37
markets Gemini composer track Videos International AI Tool of the Week: See how Gemini Lyria 3 makes custom music easy.
What problem does it solve? Every week, teams across marketing, L&D, and communications hit a similar invisible wall: they have great content, maybe a training video, a product launch reel, an internal town hall recording, but no budget, no time, and no expertise to give it a soundtrack that actually fits. So they either pay for stock music that sounds generic, spend weeks coordinating with a composer, or simply ship the content with no audio at all.None of these options is good enough. A mid-sized company produces dozens of internal videos, client-facing presentations, and social media assets every month.
07.03 / 01:37
markets Man Gap Research War Colleges Updates Lala Shri Ram: How a failed entrepreneur built one of India's industrial dynasties
Lala Shri Ram: The Man Who Saw Tomorrow, by Sonu Bhasin notes, it took a contractor’s unsolicited letters of praise before he was grudgingly admitted, without a role or a rupee in pay.In the startup lexicon of 2026, that man, Shri Ram, would be written off as a failure who had taken refuge in a salaried job. The judgment would have been one of the great misreadings of the century.
07.03 / 01:37
markets UPS Dash Booking Gemini Updates Have you noticed your AI assistant’s favourite words?
chat assistants themselves what their favourite words were. Gemini used to favour ‘Delve’, but this has faded as AI feeds on new content and training. Similarly, ‘Tapestry’, ‘Leverage’, and the em dash.
07.03 / 00:57
markets UPS Manufacturing Software rock Updates boating AI rocks the tech boat, but an island of calm is in sight
KPIT Technologies. The three companies ended last year with $1.26 billion, $870 million, and $691 million, up 8.16%, 0.81%, and 17.72%, respectively.
07.03 / 00:57
COST UPS IPO Strategy Pool reports Updates PhonePe created $10bn value in 10 years. Esop holders to pocket $1.4bn of that
₹18,000 crore ($2 billion) in realised and potential equity value over the company’s lifecycle.Even if the company lists closer to $10.5 billion, a steeply marked down valuation at which the IPO is widely expected, the value of that pool could still be around ₹13,000 crore, or about $1.4 billion.Of that, the options that still exist today and can convert into shares in the future, could be worth roughly $500-600 million.While other tech firms also use Esops to retain top talent, PhonePe’s rewards to its employees have seeded at least half a dozen “deca-millionaires”, or very high-net-worth individuals, in its top deck.And thanks to the payments platform's extravagant Esop structure, its top leadership has stuck around from its early Flipkart-acquisition in 2016 to the cusp of its IPO. (Walmart Inc.
07.03 / 00:57
UPS Manufacturing Analysis economy trends show Updates The week in charts: Stranded ships, GDP overhaul, GST mop-up, India EV push
From stranded shipping vessels near Strait of Hormuz amid the West Asia conflict, to the change in sectoral share due to revision in GDP base year, manufacturing and services activity moving in different directions in February, collections in goods and services tax (GST) signalling a post-cut recovery, and the government’s renewed push to faster adoption of electric vehicles, here’s a compilation of this week’s news in numbers.The US-Israel-Iran conflict is threatening to put the global order in chaos, particularly for the flow of gas and oil. At its core is the Strait of Hormuz—a narrow chokepoint through which over a quarter of global oil trade passes—where Iran holds strategic control.According to Kpler's analysis of 223 container vessels between 28 February and 4 March, at least 37 were unable to exit the Gulf, meaning they cannot resume rotations until transit reopens.
07.03 / 00:57
markets COST Assurant Bill War reports Updates Centre sees no quick hit to fiscal math from war, but next year may different
Fertilizer is the largest commodity, the global price of which has a direct bearing on subsidy bills. In the case of petroleum, central subsidy is limited to cooking gas and kerosene, and often, state-owned auto-fuel retailers absorb the volatility in global prices by spreading out retail fuel price adjustments.On Friday, the government assured adequate fertilizer availability for the upcoming kharif season starting June.
06.03 / 16:25
markets UPS performer Updates Indian stocks plummet to 14-month weekly low as Middle East goes on the boil
Mumbai: The Indian stock markets slumped to their weakest weekly performance in 14 months, after conflict erupted in the Middle East between the US, Israel and Iran on 28 February.Benchmark indices NSE Nifty 50 and BSE Sensex dropped nearly 3% through the week, marking their steepest decline since the week ended 22 December 2024, when markets had corrected over 4% amid concerns over the US Federal Reserve’s hawkish stance and rising bond yields.On Friday, the Nifty 50 fell 1.27% to close at 24,450.45, while the Sensex declined 1.37% to end at 78,918.88, extending their decline following the prior session’s relief rally.Rising crude oil prices and continued selling by foreign portfolio investors (FPIs) weighed on sentiment. Currency weakness added further pressure, with the rupee hitting a record low of 92.1488 against the US dollar on 4 March (Wednesday).Market volatility also spiked during the week, with the India VIX (Volatility Index)—a measure of the market’s expectation of volatility in the Indian stock market over the next 30 days—rising from 13.70 to 19.88, signalling heightened investor nervousness and expectations of larger market swings ahead.To be sure, Indian equities’ fall was milder than several Asian markets.
06.03 / 16:25
Target Digital Platform Experts social Equality rights Karnataka wants to ban U-16s from social media; industry, experts sceptical
New Delhi: Industry stakeholders and policy experts have reacted with scepticism over Karnataka’s proposal to ban social media use for youngsters under 16 years of age, questioning both the legality and the practicality of enforcing such a restriction in one state of India.Karnataka chief minister Siddaramaiah unveiled the proposal along with the state’s budget for FY27 on Friday, but did not share details.Lawyers and policymakers Mint spoke with said such a state-level demographic-specific ban could require intrusive age-verification systems and may be impractical, since many children access social media through adults’ devices and accounts.Further, such a ban may also clash with the Centre’s data-privacy framework, and go against the principles of minimal data sharing put forth in the Digital Personal Data Privacy (DPDP) Act that was notified last year.“Governments considering bans should be careful not to push teens toward less safe, unregulated sites, or logged-out experiences that bypass important protections—like the default safeguards we offer in Instagram’s ‘teen accounts’,” a spokesperson for Meta Platforms Inc said in response to Mint’s queries.“We’ll comply with social media bans where they are enforced, but with teens using nearly 40 apps every week, targeting a handful of companies won’t keep them safe.
06.03 / 15:37
UPS Provident Trade country reports Department Facing supply disruption, govt directs refiners to raise LPG production, halts feedstock supply for petrochemicals
New Delhi: Facing supply disruption from West Asia, the Indian government has directed all state-run and private-sector refineries in the country to step up production of domestic cooking gas by diverting feedstock away from the manufacturing of non-essential products, including petrochemicals.Using its powers under the Essential Commodities Act, 1955, the ministry has directed all refiners to supply LPG to the three state-owned refiners – Indian Oil Corp Ltd, Bharat Petroleum Corp Ltd, Hindustan Petroleum Corp Ltd – which will in turn supply it only to domestic consumers of cooking gas.The development is significant as India has only about 25 days of LPG stock. Annual demand stands at 33.15 million tonnes, with imports servicing about 75-80% of this.

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