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11.04 / 01:33
markets Man Entertainment War Videos Updates cricket The farce of Lalit Modi’s obsession with the IPL
My Way and joked about being “the two biggest fugitives of India”. After the inevitable backlash, Modi deleted the video and issued a rare apology.A contrite Lalit Modi is, of course, an unexpected spectacle. This is a man who has always courted controversy.
11.04 / 01:01
markets FIVE Manufacturing Death testing recommendations Pharmaceuticals India looks to bar cough syrup for babies under two
Under mounting global scrutiny, India has cracked down on paediatric cough syrups, with the health ministry proposing to bar prescription of cough and cold medications for babies below two years of age and also discouraging them for children below five, according to two government officials and documents reviewed by Mint.The move, part of the draft National Formulary of India (NFI) 2026 published by the Indian Pharmacopoeia Commission (IPC), under the health ministry, marks a sharp regulatory tightening after contamination-linked deaths, with implications for prescribing practices and a fast-growing market.The NFI draft has standardized information on drug dosages, indications, contra-indications and side-effects for doctors and pharmacists.The development assumes importance for India’s cough syrup market, that was valued at $262.5 million in 2024 and is projected to grow to $743 million by 2035.This regulatory tightening follows alarm over discovery of toxic industrial solvents, including diethylene glycol (DEG) and ethylene glycol (EG), in liquid oral formulations, which could lead to acute kidney failure and even death, thereby denting India’s image as the ‘pharmacy of the world’.The draft highlights the life-threatening risks of DEG and EG contamination and follows a Directorate General of Health Services (DGHS) October advisory to states to address the public health crisis following deaths in Rajasthan and Madhya Pradesh.“As we look back at the historical precedents, the tragic deaths linked to cough syrups were primarily caused by poisonous ingredients like diethylene glycol (DEG), which induces severe poisoning symptoms.
11.04 / 01:01
Career Platform country cover reports Investigations Indian firms ramp up checks to avoid deals with sanctioned entities
Mint spoke with, companies are increasingly hiring law firms and investigative agencies before closing deals to ensure that none of the parties involved, including subsidiaries, parents or suppliers, feature on sanctions lists.Clients are now required to sign sanctions standard operating procedures (SOPs) before finalising deals, which mandate disclosures such as ultimate beneficiaries, end-use certificates, and verification of licensed vendors.The purpose of such stringent due diligence is to ensure that companies do not deal with sanctioned entities, thus preventing frozen assets, blocked payments, or stalled deals amid geopolitical tensions.“With growing awareness, turbulent global environment and growing tariff and sanctions regime, sanction checks are carried out on large and key vendors at a pre-transaction stage. Further, post transactions, clients are asking us to implement third-party diligence programs in the acquired company and also have a real-time sanctions screening process,” said Tarun Bhatia, managing director and APAC co-head at financial risk and advisory firm Kroll.A sanctions control and ownership test determines whether an entity is “blocked” due to ownership by sanctioned individuals.
11.04 / 01:01
markets Food Trade cover reports Updates Untimely rains hit wheat procurement amid record harvest hopes
Farmers have been forced to pause harvesting and the moisture content in the standing crop has increased, making it unsuitable for immediate procurement. The slowdown has led to lower-than-usual arrivals in the wholesale markets, affecting early procurement by government agencies.According to Food Corporation of India (FCI) data, the government’s wheat purchase from farmers in the 2026-27 rabi marketing season (April–June) was 324,065 tonnes as of 8 April, compared to 398,030 tonnes a year ago.
11.04 / 01:01
markets Align Experts reports Updates RBI proposals for large NBFCs leaves Tata Sons as only unlisted one
₹1 trillion or more are proposed to be included in the list replacing an earlier methodology of quantitative and qualitative parameters. Upper layer non-banks face tighter regulations than smaller ones.A list of all NBFCs for fiscal 2026 released by the Reserve Bank of India on Friday included the name of Tata Sons among others in the upper layer.
10.04 / 16:57
markets Provident Analysis trends performer reports Pulse of the Street: Markets log best weekly gain in 5 years on global relief
Indian benchmark indices surged about 6% this week—their strongest performance in over five years—driven by sharply improving global cues after a ceasefire between the US and Iran eased geopolitical tensions, stabilised crude oil prices, and triggered a risk-on rally across global equities.The Sensex recorded its sharpest weekly gain since the week ended 7 February 2021, when the markets had surged over 9% in a rally as covid-19 fears subsided. On Friday, the Nifty 50 rose 1.16% to close at 24,050.60, while the Sensex gained 1.2% to end at 77,550.25.At the same time, volatility cooled significantly.
10.04 / 14:17
markets FIVE Assurant Trade War reports Updates Banks scramble to meet RBI’s forex deadline, expect curbs to last months
Banks rushed to settle their foreign exchange positions ahead of Friday’s deadline set by the Reserve Bank of India (RBI), five treasury officials told Mint. Despite the new net open position (NOP) restrictions being framed as temporary, bankers expect these curbs to remain in place for several months.On 27 March, the RBI capped banks’ NOPs in the domestic market at $100 million at the end of each business day, and mandated that banks comply with this rule by 10 April.
10.04 / 14:17
trends Trade Experts track reports Department Courts Centre pushes states to settle cheque bounce, land cases via mediation
Mint and confirmed by two officials.According to the direction issued as part of the Mediation for Nation 2.0 campaign, state chief secretaries have been asked to actively support efforts to identify and dispose of cases that can be settled through mediation, the government officials cited earlier said, adding that the cases where the state is a complainant can be resolved through settlement.The emphasis is on disputes that are legally compoundable—cases that can be resolved mutually, including cheque bounce cases, land acquisition matters and certain criminal offences, the officials said on the condition of anonymity.The move assumes significance as cheque dishonour cases have been identified as a key focus area due to their sheer volume. As per government data, over 8.007 million cheque bounce cases are pending across high courts.
10.04 / 08:57
markets Waters economy War show peace Weapon of mass disruption: Will the US and Iran strike a win-win deal on the Strait of Hormuz?
For centuries the so-called cannon shot rule determined who controlled the seas. The legal concept, codified by Dutch jurist Cornelius van Bynkershoek in 1702, was simple: The distance a cannonball reached from shore set the maritime boundary of a coastal state.
10.04 / 08:57
markets UPS security exclusive reports Pharmaceuticals US sales may drag pharma companies’ Q4, even as India holds up
Indian pharmaceutical companies are expected to report muted performance for the March quarter (Q4FY26), weighed down by a decline in sales in the US market, while the domestic market is expected to have remained robust.The end of exclusivity for the high-margin Revlimid in the US in January has led to significant price revisions and lower volumes, impacting companies that depend on the product, despite some support from rupee depreciation.An ICICI Securities report projects companies in its coverage to post revenue growth of about 7% year-on-year, lower than about 10% in the first nine months of FY26. While domestic sales growth is expected to be strong at 13.6%, US revenue in dollar terms is projected to drop by about 7%, partly compensated by the rupee’s fall.
10.04 / 06:55
Provident Bill reports recommendations Courts Updates Mint Explainer | IBC's clean slate: How new law gives firms a true fresh start, voids old debt claims
NEW DELHI: The Insolvency and Bankruptcy Code (IBC) promises a fresh start for bankrupt companies that have resolved their debt problems. Yet, creditors including government agencies come after them for their past dues – a headache for the company’s new investors.
10.04 / 06:55
markets Research trends Trade reports Updates International TCS Q4 steadies, but AI fears and macro risks keep investors wary
Bloomberg’s 1% estimate.Growth was broad-based across key geographies and segments, except BFSI (banking, financial services and insurance) and CMT (communication, media and technology).Even so, investor sentiment remains fragile. Fears of AI-led deflation, the recent new product launch by Anthropic, and geopolitical tensions have weighed on IT stocks.
10.04 / 05:41
markets COST Provident Mobile War reports Jio-bp caps diesel at 50 litres per customer daily amid supply crunch
Nayara Energy and Shell, have already raised prices in recent months. Reliance Industries is also India’s largest exporter of petroleum products.A dealer operating Jio-bp pumps said, "About 30% of diesel sales have dropped in the past few days due to the limit on sales.
10.04 / 04:07
markets UPS trends Trade Cycling show track The quiet death of ADRs: Why investors no longer need Wall Street’s window into India
HDFC Bank episode shows, ADRs remain a flashing alarm bell for FPI sentiment.In the early 2000s, Indian markets were marked by sharp information asymmetry, and remained relatively isolated from their global peers. For foreign investors at the time, these US dollar-denominated certificates traded in American exchanges opened a critical but often congested lane connecting to Dalal Street.Switch to present—the landscape has transformed.
10.04 / 03:33
markets Digital Research Justice Courts Videos Updates Take the judiciary’s cue: Indian courts have achieved clarity on what AI enhances and what it endangers
Earlier this month, when the Gujarat high court and Punjab and Haryana high court barred judicial officers from using artificial intelligence (AI) for drafting judgements or doing legal research, they set out a clear framework for governing AI in high-stake settings. Judges and court staff are prohibited not only from using AI to decide cases, but also from drafting orders, evaluating evidence or assisting them in judicial reasoning.The Kerala high court took a similar stance in 2025. India’s Supreme Court has also kept AI away from the sphere of legal logic.
10.04 / 03:33
markets Updates Why Gulf nations would bear the brunt of Hormuz tolls
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
10.04 / 03:33
markets Gap film War cover Updates Nifty may face hurdle at 24,000 amid Iran war peace talks, options signal volatility
Strait of Hormuz."The war will be over only when Israel wants it to be over and so it will continue in some form or shape and keep crude elevated," said the UAE-based ace investor Shankar Sharma. "The Indian market is going to be in a troublesome situation and returns at the portfolio level will remain muted as they have been for the past couple of years."Brent crude has risen 33% since the outbreak of the war on 28 February, reaching $96.62 a barrel on Thursday.
10.04 / 03:33
markets Updates PPFAS's Rajeev Thakkar reveals how they bought the March dip.
Instant Personal Loan, Business Loan, Business News, Money news, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
10.04 / 03:33
markets Updates Trump once talked tough with China. Now he’s playing nice.
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
10.04 / 02:29
markets Updates Donald Trump is the war’s biggest loser
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
10.04 / 02:29
COST Software Experts reports testing Vaccines AI, slow spending hit TCS
full Q4 earnings report by Jas Bardia.Inside Anthropic’s Project Glasswing: Can AI outsmart hackers before they strike? That’s the big idea that powers Anthropic’s Project Glasswing—a coalition using advanced AI to detect hidden software flaws even experts miss.With cyberattacks rising and a shortage of skilled professionals, this could be a game-changer. The AI can not only spot “zero-day” vulnerabilities but also suggest fixes, potentially transforming how cybersecurity works.

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