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03.03 / 09:33
markets UPS Actor prevention rights Updates Anthropic’s DeepSeek problem: Frontier AI players can’t expect to keep intellectual property protected
Anthropic’s latest complaint against three Chinese labs is a warning sign for Silicon Valley: Don’t expect to earn too much from the competitive edge your model gives you. Companies from the developing world will line up to swim across your moat, if they can—and neither the US government nor your lawyers will be able to help you. As the music industry and Big Pharma could tell them, nobody will eliminate your rivals, you have to accommodate them.The company says it has pretty solid evidence that DeepSeek, MiniMax and Moonshot ran “industrial-scale campaigns” to “illicitly extract” the capabilities of its own model, Claude.
03.03 / 09:33
markets Progressive Google Gap Cycling Colleges Updates India's mutual funds perfected the take-off. Life cycle funds fix the landing
₹26,000 crore. Over 10 crore folios are active. By most measures, India is making meaningful progress on wealth creation.Yet a gap remained.
03.03 / 09:15
markets UPS security Pool Updates Interviews Oister to launch third secondaries fund after investing ₹1,000 cr in startups
₹1,000 crore over the last two years in acquiring stakes in startups such as BlackBuck, OfBusiness, Purplle, Shiprocket and BlueStone.The size of the first fund was about ₹300 crore, followed by a ₹400-crore second fund. The third fund is likely to have a corpus of ₹500 crore and will go live shortly, Oister’s co-founder and co-chief executive officer Sandeep Sinha told Mint in an interview.
03.03 / 09:05
markets COST Aviat Airlines reports Updates International Crude soars, airspace shut: Why IndiGo’s margins are back under pressure
markets are closed on Tuesday for a public holiday.Brent crude, which hovered around $60 a barrel in early January, climbed to $72 by 25 February on expectations of military action against Iran. Since the conflict began, prices have surged to about $78.
03.03 / 09:05
Gap Analysis Pool show cover reports International Will the 16th Finance Commission’s proposal to end revenue deficit grants weaken a fiscal safety net for states?
The 16th Finance Commission (FC) report, covering 2026-31, arrives at a consequential moment for India’s fiscal federalism. It is wide-ranging, analytically rich and notable for making underlying data publicly available.
03.03 / 08:11
markets Provident DOW Google security Department Updates Mint Explainer: Does US-OpenAI deal signal trouble for Indian startups?
OpenAI, the creator of foundational artificial intelligence behind ChatGPT, announced on Friday that it has signed a deal with the Pentagon. It allows the US department of war (DoW), formerly the department of defense, to use the Sam Altman-led company's models in classified environments.That has raised eyebrows and questions over the use of the OpenAI technology stack in India, among the largest markets for AI and the fastest adopter of the technology worldwide.
03.03 / 08:11
UPS FIVE Manufacturing economy show Updates International GDP revamp: Five questions on India's smaller economy, explained in 5 charts
₹345.47 trillion ($3.93 trillion)—3.26% lower than the ₹357.14 trillion estimate published in January under the 2011-12 series.The downward revision stems from those earlier overestimations. In an interaction with Mint, the statistics ministry confirmed that proxy indicators used in the older series had led to overestimations, validating concerns raised by economists, policymakers and researchers for nearly a decade.But the shrinkage is only part of the story.
03.03 / 08:11
COST UPS CEO reports travelers Updates Wipro to lose upto $100mn business as Accenture wins work from cosmetics major Estée Lauder
Wipro Ltd faces an annual dent up to $100 million as American cosmetics brand, Estée Lauder, has shifted the Bengaluru tech services company's share of work in a half-billion dollar, five-year deal to Accenture Plc.This latest development raises questions on chief executive officer (CEO) Srini Pallia's turnaround plan and growth at Wipro, as outsourcers pivot towards generative artificial intelligence, or GenAI, solutions, analysts said.According to four people in the know, Accenture will now handle key IT functions of The Estée Lauder Companies Inc including finance, database management, and back-end management for the New York-based cosmetics company.Early in February, Estée Lauder had announced the Accenture contract but there was no information on that business moving away from Wipro.“In the second quarter, we've established our new Enterprise Business Services, selecting Accenture to transform how we deliver shared services globally as we accelerate the deployment of AI throughout the organization,” said Stéphane de la Faverie, chief executive of Estée Lauder, during the company’s post earnings conference call on 5 February.Emails sent to Wipro and Estée Lauder on Monday went unanswered.Mint learns that much of the work awarded to Accenture was part of a February 2021 deal won by Wipro. The Bengaluru company had reportedly bagged the $500 million contract with Estée Lauder, which was supposed to run for five years.
03.03 / 08:11
markets UPS BLOCK Experts Updates Mint Explainer: How long can Iran block the Strait of Hormuz?
Mint explores the best- and worst-case scenarios.On Monday the Islamic Revolutionary Guard Corps (IRGC), a branch of Iran’s armed forces, announced that the Strait of Hormuz was closed and attacked a few ships passing through it. The announcement quickly caused panic.
03.03 / 08:11
markets Extreme Cycling stage Equality Updates Market cycles and the case for flexible allocation
private equity—rush in to participate.The outcome is predictable. New supply emerges. Competition intensifies.
03.03 / 07:25
markets Digital Platform Software WhatsApp stage social McKinsey: India must equip small businesses with the digital tools to unlock the next phase of e-commerce growth
In today’s ‘digital-first’ times, is it possible the last handwritten note you received was from a grateful small business thanking you for your purchase? These little touches—a personalized feedback request on WhatsApp or a delighted repost of your review on social media—can turn one-off transactions into sustained customer relationships. In these simple yet meaningful ways, small businesses across India are leaning on direct channels and tech infrastructure to connect with buyers.
03.03 / 07:25
UPS Provident Digital economy country social inclusion India’s emphasis on its creative economy could level the playing field and deliver gender parity
A new term that entered the lexicon after India’s budget for 2026-27 was the ‘orange economy.’ Synonymous with the creative economy, it is emerging as a formidable engine of growth that transcends traditional industrial boundaries. Once viewed as niche, the intersection of culture, technology and intellectual property now accounts for roughly 3.1% of global GDP and 6.2% of all employment.For a country like India, where recent budgetary initiatives recognize the strategic value of creative assets, the growth of this sector offers more than just economic expansion.
03.03 / 06:45
UPS Provident economy Sustainability innovations Updates ADB to channel $1.2 bn into India’s clean transition in 2026
agriculture, with a significant intervention underway in Maharashtra. The state government has structured a large programme that brings in private sector participation on the generation side while farmers remain the primary beneficiaries.
03.03 / 06:45
markets Digital Platform Celebrity social Courts Podcasts Podcasts and AI content amplify reputation risks for celebrities like Allu Arjun
YouTube and Instagram Reels content increasingly frame celebrities as difficult or unethical. The risks are compounded by AI-generated deepfakes that create false scenarios involving public figures.“Podcasts and YouTube commentary have increasingly become flashpoints for defamation disputes because of their informal tone and rapid virality.
03.03 / 06:45
UPS security Highways electronic testing travelers Traffic Mint Explainer | India to go barrier-free on highways. Inside the MLFF tolling plan
India is preparing for one of the biggest overhauls of its highway tolling architecture since the rollout of FASTag. Instead of the previously considered Global Navigation Satellite System-based tolling model, the ministry of road transport and highways and the National Highways Authority of India (NHAI) now plan to implement the Multi-Lane Free-Flow electronic toll collection system across the country’s 146,560-km national highway network.
03.03 / 06:45
markets COST UPS Software country Features Updates Amodei’s ‘exponential’ claims about AI are proving true: Here’s what has already changed
About a month ago, I built my first app. It was a simple speed-reader Chrome extension that is designed to display text one word at a time so I can read an article faster than normal.
03.03 / 04:53
markets Racing Updates Gulf states in race against time to repel Iran’s counterattack
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
03.03 / 03:45
markets COST President War country Updates War in West Asia: The US-Israeli attack on Iran puts more than oil prices on India’s radar of risks to track
The American-Israeli attack on Iran raises a number of vital questions for India and the rest of the world, delving into which is necessary to make the best of a bad situation. The prices of oil and liquefied natural gas have begun to rise as Iran attempts to choke the Strait of Hormuz, through which about one in every fourth barrel of all seaborne crude oil moves. If this grip lasts, it will make energy imports dearer, weaken the rupee and give inflation a cost-push.
03.03 / 01:55
markets Manufacturing Compilation show track information Updates Mint Quick Edit | PMI data’s told-you-so moment: It has been tracking a factory resurgence
India’s manufacturing sector is doing better than we thought, as the Union statistics ministry’s revised GDP estimates showed last week. The purchasing managers index (PMI) could have a told-you-so moment, given how it has been showing robust readings now for an extended period. The HSBC India Manufacturing PMI, compiled by S&P Global, rose to a four-month high of 56.9 in February.
03.03 / 01:55
markets Updates Israel was ready to take on Hezbollah again. Now it can.
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
03.03 / 01:55
markets War Updates The Iran war is rapidly engulfing the region
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

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