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26.03 / 09:29
markets COST UPS Citi Platform security Updates Don’t let rent eat your paycheck: A starter guide
₹28,700 in monthly rent.Early-career professionals across cities told Mint how they navigate this balancing act—and what the cost of simply getting started looks like.For 23-year-old Khyati Sood, relocating from Delhi to Pune for her first job as a data engineer meant making a series of careful decisions. “There were a lot of trade-offs,” she said. “Whether I should stay with strangers, give up an attached bathroom, or skip having a balcony to reduce rent.”Pune, compared to other major metros, offered some relief.
26.03 / 09:05
markets COST Research Trade reports Updates Sporting RCB sale boosts United Spirits—now comes the hard part
₹18,000 crore, factoring in WPL-related liabilities, BCCI fees, and goods and services tax (GST). The company had bought the stake in 2008 for $110 million, implying a 17% compound annual growth rate on the investment.Analysts had expected a sale valued at $1.5-1.8 billion; the $1.9 billion deal translates into ₹13–51 higher perceived value per share, as calculated from a Nomura Global Markets Research report on 24 March, prior to the official announcement.
26.03 / 09:05
markets UPS FIVE Pool awards Opinion performer It’s sad that India’s 16th Finance Commission award has given up a tradition of tax-sharing impartiality
The Finance Commission is a key pillar of India’s federal fiscal architecture. A constitutional body appointed every five years, it is expected to arbitrate impartially between the central and state governments and among the latter themselves in allocating tax revenues collected by the Central government on behalf of all administrations. Though FCs are not widely known, their awards have far reaching implications for fiscal federalism and macroeconomic fiscal outcomes.
26.03 / 09:05
COST UPS Analysis Election Trade War reports NBFCs turn cautious as West Asia war raises funding and credit concerns
Mint.While the immediate impact of the ongoing conflict remains limited, non-bank lenders believe the real risk lies in a prolonged conflict, which could trigger second-order effects across inflation, demand and credit cycles.“...we have started becoming very cautious but the war situation is also evolving. It's unfair for us to also pull down and stop the supply but we have to be very cautious in terms of lending and leverage,” the head of a non-banking financial company said on the condition of anonymity.According to lenders, the first signs of stress are emerging in small businesses, especially those dependent on gas for production, exports and global trade routes for sales.
26.03 / 09:05
markets COST Platform Food reports Updates International LPG price hike, supply crunch, and the pivot to alternate means
₹60 per cylinder hike has added to household stress and squeezed small businesses.The primary driver, experts say, is global instability.According to Adhil Shetty, CEO of BankBazaar, the increase reflects continued pressure from international markets where crude oil and natural gas prices remain elevated due to geopolitical tensions and supply chain disruptions."India imports a large share of its LPG needs, so any rise in international prices or freight costs tends to flow through to domestic cylinder rates," Shetty noted. He added that the latest global escalation has made cooking fuel more expensive, and with deliveries taking longer in some areas, households must prepare for higher and less predictable expenses.For several years, LPG prices in regulated markets remained relatively steady, with only minor fluctuations.
26.03 / 07:11
markets War Updates The Iran war puts a spotlight on Taiwan risk. There’s more at stake for your portfolio.
Write to Reshma Kapadia 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.
26.03 / 07:11
markets Waters Sustainability community track reports Updates Empower women as managers of vital resources: It could help save India from water bankruptcy
‘Water bankruptcy’ is a term coined to convey a stage after which it is impossible to return to ‘normal’ water levels without major changes. Popularized by a January 2026 United Nations report calling out the reality of an era of “global water bankruptcy,” the term has attracted considerable attention. While globally relevant, the report highlights India as a hotspot for groundwater depletion, given our overdependence on rapidly diminishing aquifers.
26.03 / 07:11
COST Target Waters Gap community performer Updates Mint Explainer | Why India is revisiting fluoride rules for drinking water
.A technical committee review has flagged the existing BIS standard for drinking water as outdated, noting it does not adequately reflect newer technologies or the challenges seen in real-world use.The review signals a shift in policy focus—from just expanding tap water access to ensuring the water supplied is safe to drink. Mint explains the development.Fluoride contamination remains a structural issue in India, particularly in groundwater-dependent regions.
26.03 / 07:11
markets Updates One of Kevin Warsh’s priorities at the Fed could lead to a market revolt
Write to Nicole Goodkind 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.
26.03 / 07:11
COST UPS Waters War Updates Mint Explainer | West Asia war is a leg-up for ethanol, but at what cost?
Mint explores.While addressing Parliament on the West Asia war on 23 March, Prime Minister Narendra Modi highlighted that ethanol blending in petrol went up from just 1-1.5% a decade back to 20% currently.Ethanol, a biofuel made from agricultural crops, is now replacing about 45 million barrels of imported crude oil every year (total imports in FY25 were about 1803 million barrels).As per the petroleum ministry, ethanol blending in petrol has saved India ₹1.44 trillion (in cost of imported fuel) between November 2014 and July 2025. The ministry also estimates that the programme has led to CO2 emission reductions, equivalent to planting 300 million trees.
26.03 / 07:11
markets COST BTS stage social concert K-pop craze: Why the spectacular comeback of BTS has held behavioural economists in its thrall
The recent release of Korean group BTS’s Arirang album looks less like a musical comeback after a break and more like a case study in the strategic manipulation of consumer psychology. While publicists have framed the group’s return from a mandatory hiatus for military service as a cultural restoration, a closer analysis suggests a masterclass in behavioural economics.BTS’s comeback is projected to inject billions of dollars into the global economy.
26.03 / 07:11
markets UPS IPO Food Updates International Everstone-backed Subway set to plan India IPO to raise up to $150 million
Mint's requests for a comment till the time of publishing.Everstone owns a majority stake in Subway India, which also counts Norwest Venture Partners and Playbook Partners among its investors.Nearly a year ago, Mint reported that Everstone was exploring a partial stake sale in the fast-food chain’s local operations as part of a $100 million private fundraising round. Those plans have since evolved, with the company now preparing for a public market listing.Everstone operates the master franchise of Subway restaurants in India through Eversub India, giving it the right to open and operate Subway restaurants in India, Sri Lanka, and Bangladesh.
26.03 / 07:11
markets Citi film Experts show audience stars Big wins, small runs: The paradox of niche regional films
Boong, a Manipuri film that became the first Indian movie to win in the Best Children’s and Family Film category at the BAFTA (British Academy Film Awards) recently, was re-released in cinemas earlier this month after its win but it found few takers. It made only around ₹1 crore, mirroring the struggle of films like All We Imagine as Light (filmed in Malayalam, Marathi and Hindi) earlier, that was nominated for the Palme d'Or and won the Grand Prix at the Cannes Film Festival.For context, Boong was made at a cost of ₹8 crore.
26.03 / 07:11
COST trends War show travelers Updates International Indian luxury set for strong sales as West Asia war keeps affluent at home
Mint that their luxury brands, which also include home goods brand Jay Strongwater, have seen a clear uptick in the last one month."March emerged as the strongest it has been in the last seven years, and sales rose strongly after a brief dip in February, with overall conversion ratios improving," Kataria said. If the current geopolitical tensions persist and the West Asia war continues, more NRIs (non-resident Indians) could move back to India while residents defer overseas travel, boosting domestic luxury spending.
26.03 / 06:03
COST Manufacturing War reports Updates India’s cement makers stare at bag shortage as West Asia war hits inputs
₹6–7 until recently, has now climbed to ₹11–12 due to a PP shortage.Due to the shortage, per tonne cost of cement will increase by roughly ₹60–80, considering 20 bags of 50 kg each per tonne, said Sourav Mitra, partner, Oil and Gas, Grant Thornton Bharat.At the heart of the issue is polypropylene (PP), used to produce woven cement bags. Refineries in the Gulf region are increasingly diverting feedstock such as propane and butane toward liquefied petroleum gas (LPG) production amid supply uncertainties, tightening PP availability.Bag manufacturers are currently receiving only about 60–70% of their contracted PP chip supplies, according to a Motilal Oswal report dated 18 March.
26.03 / 03:15
markets UPS Provident Target FIVE Digital Healthcare Infosys’ $560 million bet on two US tech firms is its all-time highest M&A spend in a year
Infosys Ltd’s announcement late Wednesday to buy two US-based tech services firms for $560 million takes its acquisition spend in a fiscal to an all-time high, reflecting the pressing need for new capabilities as automation tools upend India’s tech sector.The country’s second-largest information technology (IT) services company said it will spend up to $465 million to buy Optimum Healthcare IT, a Florida IT services and consulting firm.On the same day, it announced the acquisition of Stratus, a New Jersey-based tech services provider to the insurance sector, for up to $95 million.Both deals are in cash and are expected to close by June. The payment includes upfront amounts and earn-outs but excludes management incentives and retention bonuses.The acquisitions will add $319 million in incremental revenue to Infosys, including $276 million from Optimum Healthcare and $43 million from Stratus, making up almost 45% of Infosys’ incremental revenue last year.Infosys ended last year with $19.28 billion in revenue, up 3.85% on a yearly basis.
26.03 / 03:05
markets Updates The CPU was left for dead by AI. Now AI is bringing it back.
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
26.03 / 03:05
markets War reports rights Updates peace Mint Quick Edit | A gulf too wide? Peace talks or not, brace for a US-Iran showdown over Hormuz
Mystery shrouds the prospect of official talks between the US and Iran to stop the war in West Asia, but reports have emerged of feelers from America in the shape of a 15-point ceasefire plan sent via Pakistan.The US reportedly wants Iran’s nuclear facilities dismantled, stockpile of enriched uranium handed over, nuclear-weapon ambitions renounced and missile threat capped, plus the Strait of Hormuz opened and more, all in lieu of relief from bombs and sanctions.Iran recently reiterated its right to enrich uranium while asking for reparations and a no-aggression commitment as conditions to stop its attacks. To this list, it later added a closure of all US military bases in the region and formal control over the Strait of Hormuz.
26.03 / 03:05
markets Target FIVE Booking War electronic West Asia war spurs defence bets: 5 Indian stocks to watch
war in West Asia intensifies, oil is climbing, risk appetite is wobbling, and governments are quietly stepping up defence spending. If past conflicts are any guide, prolonged uncertainty doesn’t just rattle markets, it accelerates military budgets.That shift tends to outlast the headlines.
26.03 / 03:05
markets Google Updates Meta and Google face a reckoning over social-media addiction
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
26.03 / 03:05
markets Gap economy Election Research country Updates India needs women lawmakers: Fast-track the enacted quota to make faster economic gains
India’s government has signalled its intent to amend the Women’s Reservation Act of 2023, also known as the Nari Shakti Vandan Adhiniyam, to fast-track its 33% quota of seats for women in Parliament and state assemblies. The sooner it’s done, the better. It would mark a major step in a long march towards the political and economic emancipation of women in the country.Women constitute almost half the population, but various estimates suggest women contribute less than 20% to GDP—based on models that crunch data on labour force participation, earning gaps, etc, and only capture what’s on the record.

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