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18.03 / 15:55
trends reports Updates Amid cooking gas crunch, govt to incentivize states for promoting PNG adoption
Mint earlier reported that India is in talks with Iranian authorities for safe passage for six LPG and four crude carriers through the Strait of Hormuz.Stay updated with the latest Trending, India , World and US news.
18.03 / 14:31
markets UPS Target performer rights Updates Nazara to buy two Spanish gaming firms for $340 million
Mint.The first tranche of 50% stake is payable in cash. Most of this amount will come from Nazara's reserves, Mittersain said."We are sitting on around $100 million cash right now, most of which will be meaningfully used up for acquiring the first 50% in Bluetile and BestPlay," he explained.
18.03 / 13:01
markets War Updates Investors should position for a longer Iran war. What to do now.
Email: [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.
18.03 / 12:19
markets COST NVIDIA AMD stage Updates Mint Explainer | Why Nvidia is rewriting its trillion-dollar AI playbook
Mint explains.Nvidia launched a new generation of its Vera Rubin chips, and an all-new Nvidia Groq 3 chip—designed after it signed a $20-billion partnership deal with the founder of Google’s custom chip.These focus on power efficiency, thereby significantly reducing the cost of AI. Huang referred to ‘inferencing’ or the cost of running AI, which he said will fall drastically when these new chips hit data centres in three years.The new chips, for the first time, took the spotlight away from building AI and onto running it, suggesting that Nvidia sees AI at a stage of mass adoption.Training AI is becoming templatized, while running AI will bring the bulk of the demand for specialized chips.
18.03 / 11:29
markets COST pandemic rights Updates Mint Explainer: Why a rare exit penalty adds weight to upGrad’s Unacademy bid
The disclosure is significant as the proposed deal is a 100% share swap, meaning Unacademy’s investors may receive upGrad stock instead of immediate liquidity, with the valuation to be made public only at closing.Mint has learnt from people familiar with the matter that the break-fee clause will apply to both sides, though Mint could not independently verify the exact triggers in the term sheet.Mint explains what Screwvala’s public reference means for the proposed upGrad-Unacademy deal.Unacademy, founded in 2015, surged during the covid-19 pandemic to a $3.5 billion valuation in 2021, raising about $880 million from marquee investors to date. But the post-edtech-boom funding slump and Byju’s crisis hit the sector, weakening its position in talks with upGrad, which valued it at $300-400 million.
18.03 / 11:29
markets UPS Hyundai War country Updates BYD eyes double-digit growth in India as it pushes for local certification
BYD sells four electric vehicle models in India—eMax 7, Atto 3, Sealion 7, and Seal. The first two models are homologated in India, thus there is no limit to their imports in the country.In 2025, its sales grew 88% to 5,402 units, as per data from the Federation of Automobile Dealers Associations (Fada).
18.03 / 11:29
markets Updates Nvidia’s next act will be its biggest—and toughest
Write to Dan Gallagher at [email protected] all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
18.03 / 10:37
COST Citi Waters Extreme Parke Research show The geography of business presence is being transformed by the reality of climate stress
India’s corporate skyline has expanded rapidly over the past three decades. Tech campuses in Bengaluru and Hyderabad, logistics parks along the Delhi-Mumbai industrial corridor and multiple warehouse clusters on city outskirts reflect a country building the infrastructure of a modern economy. Yet, much of this expansion has been planned around connectivity, labour access and land prices.
18.03 / 10:37
COST Provident Airlines War cover exclusive travelers War-hit flight disruptions expose travel insurance gaps
airlines must also provide monetary compensation when the cancellation is not communicated appropriately well in advance. However, in the case of cancellations caused by a war, airlines are not liable to provide monetary compensation.The exclusion extends beyond just ticket cancellations. Claims for trip interruption, delays, missed connections and even additional accommodation costs may be denied if it is linked to a conflict.Baggage-related claims may also be denied if the delay or loss is directly attributable to airport shutdowns or conflict conditions.
18.03 / 10:37
markets Updates Asian refiners lock in Russian crude early amid Middle East shortages
Write to Giulia Petroni 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.
18.03 / 09:55
markets Hollywood film Universities audience reports Updates Hiring #MeToo men as ‘distressed assets’ may help Paramount’s finances but it’s a myopic game to play
Hollywood is known for its short memory, but David Ellison has been testing the aphorism’s limits. Ellison, who merged his Skydance studio with Paramount seven months ago and is in the process of acquiring Warner Bros Discovery, has a payroll that includes several names lodged in the collective memory of observers for the wrong reasons.First, there’s Jeff Shell, president of Paramount Skydance, who was fired as CEO of NBC Universal in 2023 following an allegation of sexual harassment. Then there’s John Lasseter, Paramount’s head of animation, who left Walt Disney in 2018 after allegations of inappropriate behaviour.
18.03 / 09:55
markets Target Platform security Trade reports Updates Eternal: Zomato turf intact, but Blinkit may face a new threat
Eternal Ltd’s stock fell for 18 consecutive sessions till Friday, losing nearly a quarter of its value to ₹216. It is rare for a Nifty50 index constituent to have such a long losing streak.It has recovered by about 11% to ₹242 over the last three trading sessions, probably after JM Financial Institutional Securities reiterated its target price on the stock at ₹400 with largely unchanged earnings estimates.
18.03 / 09:55
markets UPS Target Trade War country Updates Eichengreen: Geo-economic warriors should realize the perils of turning every edge into a weapon
In 1945, at World War II’s close, the economist Albert O. Hirschman published National Power and the Structure of Foreign Trade, in which he analyzed how nation-states shape trade patterns to their strategic advantage. The book sank like a stone.
18.03 / 08:05
UPS Manufacturing President country rock Updates Mint Explainer | Why India remains dependent on fertilizer imports
Mint explains.India is the world’s second-largest fertilizer consumer, but domestic supply hasn’t kept pace.The country imports about 60% of its diammonium phosphate (DAP) requirement and roughly 15% of its urea and nitrogen, phosphorus and potassium (NPK)-based fertilizer demand, along with intermediates such as rock phosphate, phosphoric acid and potash.Even urea relies on natural gas as feedstock, much of which is imported. This leaves domestic production exposed to global energy markets.“Domestic availability is limited for raw materials and intermediaries such as liquefied natural gas (LNG), phosphate rock and ammonia,” said Anand Kulkarni, director at Crisil Ratings.Analysts say this dependence is unlikely to ease without a shift in technology.
18.03 / 08:05
markets COST Food War show shock Fuel, fertilizer, and food: The long tail of Iran conflict for India
LPG) at about 62%. Fertilizer imports account for roughly 30% of consumption.That headline number masks wide variation across nutrients.
18.03 / 07:21
Target CEO War peace Misguided fury: America’s war on Iran could boomerang in a way it doesn’t seem to realize
Beneath the stated justifications of any war in history—righteous causes, nuclear threats, regime changes—the bedrock truth is the same. Conflict is and has always been a quest for resources. The Iran war is merely the latest chapter.
18.03 / 07:21
markets Provident Trade reports Updates Gail's valuation looks attractive, but West Asia conflict weighs
Gail (India) Ltd’s shares have declined about 12% since the conflict in West Asia began, hitting 52-week low of ₹144.50 on Monday. The Strait of Hormuz blockade and QatarEnergy's suspension of operations at its LNG plant would hit Gail’s transmission and marketing businesses.As per Elara Capital, the state-owned company transported 123 million standard cubic meter (mmscmd) of natural gas in 2025, and about 30% of it came from sources that pass through or are close to the Strait and are stalled currently.The marketing segment traded volume of 105 mmscmd in 2025, and its dependency is less at 16%, thanks to diversified contracts from the US, Russia, and Australia.
18.03 / 07:01
markets wellness Pride social patient Updates Relationships Pride in AI is a powerful force: It could result in doom without the oversight of collective wisdom
There is something remarkable about the best salespeople, something quiet. Not the loudest, not the most decorated, not the ones with the fanciest titles or biggest incentive payouts. The truly effective ones, if you spend enough time around them—in liquor distribution, IT services, pharmaceuticals, agricultural inputs, across every sector—you begin to notice a common thread that has nothing to do with technique or personality type.They have pride in their work.
18.03 / 06:37
markets UPS Manufacturing innovations reports Updates Startups spark a revolution in appliances as they rethink design and tech to fit modern Indian homes
BENGALURU: India’s home appliances market is drawing a surge of new entrants from design-led startups to D2C brands, each trying to rewire how Indians cook, clean and live at home.From glass air fryers and smart chimneys to app-enabled kitchen devices, a new crop of companies is targeting urban consumers who are upgrading their homes and are willing to experiment beyond established brands.The surge is mirrored in early-stage funding. EDT, the maker of glass air fryers, raised $4 million from Fireside Ventures in August 2025.Nuuk, which makes fans and vacuum cleaners, among other products, secured $2 million from Vertex Ventures and Good Capital in the same month, followed by chimney maker Beyond Appliances’ $4 million round in December.
18.03 / 06:37
markets Food Experts track reports Department Updates Milk, dairy products take centre stage as counterfeiting soars in India
Mumbai: Dairy products like milk, khoya, cheese, and ghee have become the top targets of adulteration and counterfeiting in India’s FMCG sector. Counterfeiting reported a 2.5x jump to 187 reported incidents in 2025 from 2018, per the Aspa-Crisil State of Counterfeiting in India report.Most of these incidents in the FMCG sector focused on milk-based products, the report added.
18.03 / 06:37
markets UPS Updates International After a washed-out year, beer makers bet big on summer for FY27 growth
Mint, “We need to see how the weather holds up and how much it impacts consumption.”India’s beer market, which sold about 440 million cases in 2025, is expected to close FY26 with 4-5% growth despite a weak first half. The industry is now looking to FY27 for a more meaningful rebound, with volumes likely to reach 455-460 million cases if favourable weather persists, said Vinod Giri, director general of the Brewers Association of India.“Despite all the early setbacks in FY26, we should end the year in positive territory, around 3-4% growth.

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