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02.03 / 09:09
markets COST UPS ICE Cycling performer Updates Fabulous February for auto sales. Which segment is better placed: CVs or PVs?
Automobile sales in February were good for almost all sub-segments and companies, but the performance of Tata group companies stood out. Domestic sales of Tata Motors’ commercial vehicles (CV) grew 32.8% year-on-year to 40,893 vehicles, whereas rival Ashok Leyland Ltd’s growth was 28% to 20,314 units.The robust data vindicates statements from CV makers that replacement cycle demand is kicking in. The average fleet age needing a replacement is now 9-10 years versus 7-7.5 years before covid.
02.03 / 09:09
markets COST UPS reports Updates Cement prices are up marginally, but worries on crude-linked input costs emerge
₹366/bag, said a Jefferies India report dated 1 March. One cement bag weighs 50 kilograms.“Dealers in Ahmedabad said that hike attempts are being made slowly by companies to revert to stronger pre-September levels,” added Jefferies.Infrastructure momentum is aiding demand.
02.03 / 08:43
markets UPS wellness Universities Updates inequality International The US Federal Reserve is in need of reform: Is Trump’s appointee Kevin Warsh up to the challenge?
Kevin Warsh’s nomination to succeed Jerome Powell as US Federal Reserve chair has triggered a predictable frenzy of speculation centred on a single, narrow question: How hard will he push for interest-rate cuts? While such conjecture may be entertaining, it misses the forest for the trees. To focus solely on rate cuts is to misunderstand the Fed’s situation and the scale of the challenge awaiting its next leader.Warsh inherits an institution that, by any historical measure, is deeply fractured internally and lacks credibility externally.
02.03 / 08:11
markets COST Updates Streaming is going to cost more. That’s the price of mergers.
Write to Angela Palumbo at [email protected] all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
02.03 / 07:13
markets Sustainability reports guidelines Courts International India Inc can no longer afford to either underplay or overlook the risk of climate litigation
Climate litigation often feels like a distant Western concern, unfolding in American federal courts or European tribunals. Yet, the legal foundations that make such cases possible are now firmly in place in India. The shift has been gradual, almost quiet, but is unmistakable.
02.03 / 07:01
markets COST UPS Align travelers Updates Relationships Why your premium credit card perks just got smaller: The big squeeze on banks
It’s raining devaluations for credit card users. Major issuers such as HDFC Bank, American Express, SBI Card and ICICI Bank have reworked their credit card reward structures over the past two months, cutting back benefits on some of their most sought-after premium cards.Last week, HDFC Bank said that starting in the next financial year, Infinia cardholders must spend at least ₹18 lakh annually or maintain a total relationship value—the cumulative worth of all accounts, investments and loans with the bank—of ₹50 lakh to retain the card.This change came on the heels of American Express devaluing milestone-based rewards on one of its popular cards, Amex Platinum Travel.
02.03 / 07:01
markets CEO Platform film show audience Updates The great Indian OTT reset: why original shows are dwindling
streaming business is unsold inventory and falling acquisition prices, as studios are sitting on hundreds of crores of ready‑to‑release films and 40‑45 web series that no buyer wants.OTT revenues in India are estimated to be around ₹37,000 crore, in a mix of advertising and subscriptions.Meanwhile, the overall content spend has been halved and per‑episode costs are now benchmarked against TV rates, forcing producers to do more with less. Plus, the number of Indian originals has gone down, with many creators switching back to feature films, because a premium series can take over a year to develop.The rapid commissioning spree also created a shortage of experienced writers, directors and crew, hurting quality and making it difficult to scale new projects.Still, 2025 has witnessed intense licensing wars for theatrical releases.
02.03 / 07:01
markets UPS economy reports shock Features Updates India’s fintech boom is loaded with moral hazard and could trigger a crisis at the slightest shock
India’s economy is growing fast. The speedometer looks impressive. The engine, however, is increasingly running on debt.
02.03 / 07:01
markets Updates Restaurants are changing their menus for the age of Ozempic
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02.03 / 07:01
markets Updates OpenAI’s cash burn will be one of the big bubble questions of 2026
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
02.03 / 05:41
markets UPS Target FIVE Google Enterprise wellness L&T data centres target $1bn revenue by 2030
₹9,200 crore, in annual revenue by 2030, by which time it aims to build 350 megawatts (MW) of operational capacity. The strategy contrasts with peers announcing gigawatt-scale investments, even as demand for AI infrastructure accelerates across the country.“We of course hope that in the next five years, we can scale our business up to $1 billion in annual revenue.
02.03 / 05:41
markets Updates Trump spent years denouncing US intervention. Now he’s toppling foreign leaders
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02.03 / 05:41
markets Updates Oil’s worst case scenario is here. $100 crude could be coming.
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02.03 / 03:43
markets Citi Target Manufacturing Analysis show country Why EV adoption in India is slow and uneven
Mint analysis of vehicle registration data from the Vahan dashboard shows the share of overall EV sales has risen from under 1% until 2020 to 8% in 2025. Adoption accelerated after 2021 amid a stronger policy push.Compare this with the government’s ambitious target of 30% EV penetration by 2030—it’s an unachievable goal.“Realistically, the aim looks extremely difficult to achieve; even with strong growth, crossing the 10–12% threshold by 2030 itself would be challenging under current conditions,” said Rajat Mahajan, partner and auto sector leader at Deloitte.The concern is not just about missing a numerical target.
02.03 / 03:43
markets Updates Ukraine depended on western weaponry. Now that script has flipped.
Write to Yaroslav Trofimov at [email protected] and Bojan Pancevski at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
02.03 / 02:09
markets economy War Updates Mint Quick Edit | Will America’s regime-change gamble in Iran come to haunt the global economy?
The US and Israel are betting on regime change in Iran through air attacks that began on Saturday. So far, bombardment has left Iran’s top leader Ayatollah Khamenei dead and sparked a retaliatory flare-up in West Asia. This is a gamble, although US air-strike precision has improved since its 2003 war on Iraq to end Saddam Hussein’s rule, an invasion that left countless civilians dead and inflamed the region.
02.03 / 02:09
markets Death Updates Khamenei’s death leaves Iran at historic turning point—without a clear successor
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02.03 / 02:09
markets Fighting Updates By striking its neighbours, Iran has deepened the Gulf’s resolve to fight back
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02.03 / 02:09
markets Manufacturing Enterprise show information Updates India’s reset GDP numbers reveal an impressive growth momentum led by the factory sector
Revised estimates of India’s gross domestic product (GDP) released on Friday by the statistics ministry show a slightly smaller output pie than previously estimated, but testify to the Indian economy’s resilience. The new GDP series with 2022-23 as its base year pegs growth in 2025-26 at 7.6%, higher than 7.4% estimated under the old series with base year 2011-12. The slowdown of 2024-25 also turns out far milder, with GDP expansion slowing to 7.1% from 7.2% the year before, instead of 6.5% from 9.2%.
02.03 / 02:09
markets War shock Updates War in Iran could cause the biggest oil shock in years
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
02.03 / 02:09
markets MSCI Trade show shock Updates rowing Oil shock looms: Middle East tensions put Indian markets on edge
₹22,615 crore in Indian equities after selling for three months in a row, showed NSDL data. Strengthening of the Indian rupee (improves returns in dollar terms) and reducing trade uncertainties with India-European Union deal and other trade agreements were the likely catalysts.But geopolitics could interrupt that revival.The latest new series gross domestic product (GDP) data for the December quarter (Q3FY26), using 2022-23 as the base year, showed growth at 7.8% despite tariff troubles.

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