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03.04 / 02:35
markets UPS BLOCK wellness performer country reports Four top oil exploration stocks to watch as crude jumps 85% in 2026
Brent crude prices soaring in 2026.Brent began the year at approximately $61.98 per barrel and surged to around $114.57 by the end of trading on 27 March, following the outbreak of the Iran war on 28 February.This sharp rally of about 85% is a result of a massive geopolitical risk premium. The catalyst was the closure of the Strait of Hormuz, which trapped nearly 20% of global oil supply.Physical strikes on refineries, skyrocketing maritime insurance, and speculative hedging have further strained the market.
03.04 / 02:35
markets PAM Inside Updates ‘I think it’s time’: The inside story of Pam Bondi’s ouster
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
03.04 / 01:45
markets Booking Sustainability Food War travelers The Iran war impact on Make in India
Read more.War opens a window for India’s space startups: India’s space startups may have found an unexpected tailwind. The Iran war is driving demand for satellite-based surveillance, creating a “just right” moment for firms building imaging and data capabilities.Startups like Pixxel, Digantara and GalaxEye Space are already seeing inbound interest and signing deals, especially from West Asia, where many countries lack their own satellite systems.The opportunity is sizeable, with projections pegging India’s space surveillance market at $8 billion by 2033.
03.04 / 01:45
markets UPS War Updates Iran beefs up defences, recruits children as it prepares for ground 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.
03.04 / 01:45
markets Updates Trump shifts tariffs on steel, other imported metals. Here’s why.
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
03.04 / 01:45
markets War Updates Control over Strait of Hormuz will determine who wins the 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.
03.04 / 01:45
markets UPS Digital Platform Strategy Sony Updates Faith tech firms chase growth in $35 billion market with product push
Bengaluru: India’s growing faith-tech startups are moving beyond digital horoscopes and virtual rituals to claim the nation’s $35 billion market for spiritual merchandise. So, the firms that once focused solely on software are now wrestling with the complexities of supply chains, selling everything from ‘blessed’ crystals to sacred beads.The pivot toward e-commerce is a move for higher margins and stronger customer loyalty.
03.04 / 01:45
markets Racing Research War country Updates The-US Iran war opens a rare sweet spot for India’s space startups
Mint, the company “has started receiving queries and having conversations with at least two West Asian nations to supply space-based sensing and Earth observation data”.Speciale Invest and Infosys-backed GalaxEye is in the race for surveillance satellite solution services. Suyash Singh, co-founder and CEO, said the company is ready to launch its Drishti optical and synthetic aperture radar (OpToSar) surveillance satellite this quarter, following which surveillance imaging and data services will commence commercially from July.“There is certainly a lot of interest, but the number of surveillance satellites that can cater to foreign demand in the current war from India is only in double digits, as compared with the US having hundreds of satellites in orbit," Singh said."We’re launching a 1.5-metre earth observation satellite in about two months, and in anticipation of the future demand based on queries received, have established plans to set up a 0.5-metre resolution satellite constellation of 20 satellites for Earth observation and surveillance constellation by 2029,” he added.Space firms are therefore hedging their bets on surveillance satellites, seeking to tap into a global surge in demand for space-based data.Several factors are driving this shift.“One of the key factors is that many West Asian nations, including Iran, do not have sovereign satellite capabilities and run very limited and small-scale space programmes.
03.04 / 01:45
markets UPS Fighting economy Trade War How insulated is the US economy from the Iran war?
. 28, lasts for only a few more weeks, falling gas prices will likely deliver an economic tailwind later this year. If the stress continues for months, however, economists will start to worry about a slowdown, or even a recession.President Trump in a prime-time speech Wednesday said he would achieve America’s military objectives “very shortly” and vowed to hit Iran “extremely hard over the next two to three weeks.” Equities markets closed little changed Thursday, while U.S. oil futures soared.The U.S.
03.04 / 01:45
markets COST UPS economy War Updates West Asia war poses no recession risk for India, but economic slowdown is on the cards: Madan Sabnavis
With no end in sight to the West Asia war, concerns are rising over inflation, interest rates and GDP growth in India. As part of the Money Guru series, Bank of Baroda chief economist Madan Sabnavis breaks down the potential impact on the economy, household finances and job markets, and assesses whether recession risks are real or overstated.At a theoretical level, inflation could rise, but much depends on how long the war lasts, how high crude oil prices go and how much of this increase is passed on to consumers. So far, the government reduced excise duty on petrol and diesel, absorbing much of the crude price increase.
03.04 / 01:45
markets CEO Exodus strain Updates Exodus, revenue strain cloud Birlasoft CEO's Angan Guha’s turnaround plan
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03.04 / 00:27
UPS Action economy Trade country rights Interviews In a shifting world, this is India’s leadership moment, says McKinsey global chief
Mint.A multipolar world could open up new leadership pathways that may not align perfectly with the largest economies, said Sternfels, pointing to emerging growth areas such as artificial intelligence (AI) and data centres.India’s talent, combined with grit and entrepreneurship, gives it a winning edge, said Sternfels, who is serving his second three-year term as head of the consulting firm that has a significant influence across boardrooms and national leaderships.“In a shifting world order, this is India’s leadership moment on multiple dimensions, as it becomes a strategic imperative for organizations globally to re-orient towards India,” he said.Sternfels rejected the idea that global trade is diminishing. Instead, it is growing in different ways, he said.Global trade flow moves like water; if it is blocked somewhere, it finds a different way, said Sternfels, adding that a few free trade agreements were negotiated among countries in the last 12 months, but they do not involve the US.
03.04 / 00:03
markets UPS Target Progressive Manufacturing Experts Updates Maruti's EV debut stumbles on production woes, global market shift, and delayed domestic launch
Maruti Suzuki India Ltd’s EV debut got off to a poor start with production falling short of target as its domestic launch got delayed, a rare-earth magnet crisis hit manufacturers and global electric vehicle sales growth slowed.The country’s largest car manufacturer exported 25,000 EVs and registered 1,400 units domestically in FY26, missing a target set by chairman RC Bhargava at the start of the fiscal year to produce 70,000 units of its first electric vehicle, mostly for overseas markets. Although Maruti hasn’t disclosed EV production numbers, they are typically a little higher than sales volumes.“There were some initial delays but now the ramp-up is progressing steadily,” Rahul Bharti, senior executive officer-corporate affairs at Maruti Suzuki, told Mint in an emailed response.According to experts, Maruti’s EV manufacturing plan faced setbacks for reasons ranging from a delay in the launch to production-related issues.“The lower-than-anticipated production came on the back of rare earth magnet issues which affected production schedules of automakers.
02.04 / 17:07
markets Updates Tech Titans still dominate billionaires list. Walmart heirs join the elite.
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02.04 / 15:59
markets Updates American brands used to be ‘sexy’ in China. No longer.
Write to Jon Emont at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
02.04 / 14:25
markets UPS President War information reports Petrol pumps run on thin credit as oil marketing companies tighten purse strings
Mint earlier reported that amid high oil prices and a supply squeeze due to the war in West Asia, OMCs halted supplies on credit to fuel retailers.On 26 March, the petroleum and natural gas ministry had said that efforts were underway to increase the supplies from one-day credit period to up to three days of supplies on credit.“In most cases, it is still advance payment. For large retailers there may be instances of a day's credit, but not all are getting that,” said Marri Amarender Reddy, general secretary of the UPDA.
02.04 / 13:15
markets Rust Updates The islands that give Iran a stranglehold on the Strait of Hormuz
Write to James T. Areddy at [email protected], Roque Ruiz at [email protected] and Max Rust at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
02.04 / 12:35
security Strategy Metro Research show Updates Destinations Investor demand for branded plots remains strong, says Abhinandan Lodha
The Mumbai-based company, which focuses on branded land development, has recently expanded into several new locations, including Nagpur, Vrindavan, and Khopoli (Mumbai Metropolitan Region). It sells plots ranging from 1,200 sq ft to 5,000 sq ft, priced between ₹25 lakh and ₹5 crore, depending on size and location.“Our approach remains straightforward, wherever strong infrastructure development, improved connectivity and growing economic momentum begin to shape a region’s growth story, HoABL aims to establish an early presence and create branded land developments that cater to both end-users and investors,” chairman Abhinandan Lodha told Mint.In recent years, plotted sales have seen strong momentum in sales and a rise in prices, prompting many mainstream real estate developers to enter the segment.“The average ticket size for our plotted developments is currently around ₹97 lakh per plot, with the average plot size being approximately 1,500 sq ft.
02.04 / 11:35
markets UPS Waves Fighting Trade show travelers Hard luggage, soft sales: Why your parents’ favourite suitcase brand is falling behind
VIP and Safari each command roughly a third each of India’s organized market with the US brand Samsonite making for the rest, data from VIP Industries’ filings and analysts tracking the stock shows. But in the first nine months of 2025-25, ending December, Safari has overtaken VIP in revenue ( ₹1,574 crore compared to ₹ 1,422 crore).
02.04 / 11:35
markets UPS Persona social Videos Updates Profiles The making of creators—The Pujarini row and how talent agencies work
brand deals and a rise in income since her collaboration with this agency, having worked with top brands such as Netflix, Audible, Britannia and Canva. “With my current team, the income graph has risen. There is consistency and growth,” she said.
02.04 / 10:43
markets Digital Extreme Gap Trade country Updates Let’s mBridge the gap: India mustn’t stand aloof as new digital payment mechanisms emerge
The West Asia escalation has brought back into focus a structural vulnerability that has long remained underappreciated in policy discourse. Energy flows translate into payment flows, and both are now increasingly mediated by financial architectures that reflect geopolitical reality as much as economic logic. These are not passive conduits, as they can shape outcomes—by enabling, delaying or, in extreme cases, constraining the movement of money across borders.At the heart of this evolving dynamic lies mBridge, an initiative incubated under the Bank for International Settlements (BIS) for interoperability among multiple central bank digital currencies (CBDCs).

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