Iran Financial News

₹1,000-1,500 crore through an initial public offering (IPO), two people familiar with the matter said.The company has appointed Motilal Oswal Alternates Investment Advisors, Axis Capital and Nuvama Wealth Management as bankers for the process.If it goes as planned, the company will file its draft papers for a listing by the end of this financial year, the people cited above said on the condition of anonymity.Volatile equity markets and slowing capital flows due to the US-Iran war have forced several companies to defer or recalibrate their listing timelines this year.The companies did not respond to Mint’s requests for comments,sent on Wednesday, till the time of publishing.India’s home & furnishings market, valued at $34–36 billion in 2024, is witnessing a structural shift driven by rising disposable incomes, urbanization, and growing demand for branded, design-led offerings, according to a Redseer report. The market is expected to further grow at a CAGR of 11–13%, reaching $63 billion–$71 billion by 2030.As consumers move beyond functional needs toward aesthetics, comfort, and lifestyle expression, full-stack D2C players are well-positioned to lead this transition with end-to-end integration, multi-category expansion, and omnichannel reach becoming more prevalent, the report said.The report further highlighted that the market is gradually formalising, bringing greater standardisation, improved access to quality products, and a more curated experience for consumers across price tiers and city segments.In 2023, PAG-backed Nuvama bought a minority stake worth ₹250 crore in Ozone, helping the company expand its manufacturing capacity, reinforce brand presence, and explore potential synergistic acquisitions.

Mint explains how.Anthropic cofounder and chief executive Dario Amodei said the company created a cybersecurity coalition after observing how capable its new ‘frontier’ artificial intelligence model, Claude Mythos, is. Anthropic tested the latter to discover thousands of critical software flaws, technically known as ‘zero-day vulnerabilities’, within an unspecified period of time.A ‘zero-day’ vulnerability means a glitch in a software’s code that no one has discovered to date.

Has economic forecasting ever seemed so fraught with risk? A mix of almost imponderable new possibilities made possible by AI and the unpredictable state of the world makes people who trade contracts on so-called prediction markets seem foolhardy. Still, spare a kind thought for those of us in the commentariat who must hedge our prophesying.Put aside for a moment how long the truce between the US, Israel and Iran will last. And, if it does, how to estimate the huge backlog of ships and tankers waiting to transit through the Strait of Hormuz and how long this will take to clear.

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Stock market recap: The markets opened with a sharp gap-up and closed significantly higher on Wednesday, owing to a two-week ceasefire between the United States and Iran. The geopolitical de-escalation triggered a sharp 14% decline in the price of crude oil, which fell below $95 a barrel, easing inflation concerns and improving India’s macro outlook.Domestic sentiment was further bolstered by the RBI Monetary Policy Committee’s decision to maintain the repo rate at 5.25%, ensuring policy stability.

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The turmoil of the last year-and-a half— tariff wars and physical wars (Iran, Gaza, Lebanon, Ukraine), the abduction of a head of state and assassination of another, territorial ambitions and tattered alliances—has led to claims that the Pax Americana of stable global institutions managing commerce and conflict has ended. If that is true, what comes next? This uncertainty has fostered many forecasts of the future of global politics by policy pundits.Consider the analysis of Hal Brands, a historian at Johns Hopkins University and the American Enterprise Institute.

As the US-Iran war enters a fragile two-week ceasefire, with no clear endgame in sight, one may well ask how and why the world has reached this situation. Wars are rarely accidents.At their core, they are bets, and can hence be viewed through the lens of risk—not in a vague rhetorical sense, but by means of rigorous psychological analysis of the kind that forms part of Daniel Kahneman and Amos Tversky’s Prospect Theory, particularly its four-fold pattern of risk attitudes.This framework maps human behaviour into four quadrants based on whether an outcome involves gains or losses and whether its probability is high or low.

Every month, Mint’s Plain Facts section brings out an update on key global data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India.Major central banks are expected to remain cautious in the coming weeks as the war in West Asia has clouded the global economic outlook, with supply disruptions and higher oil prices stoking fears of stagflation.The Federal Reserve, Bank of England, and Bank of Japan are widely expected to keep interest rates unchanged in the near future, amid the war fog, trying a balancing act between a possible increase in inflation and a slowdown in growth.

domestic airlines within hours, limiting the hike to about 8.5% in New Delhi. The ministry of petroleum and natural gas said the partial increase was aimed at insulating carriers from a fuel price shock amid disruptions in global energy markets.The move is part of a broader effort to contain costs. The Centre has also capped domestic jet fuel price hikes by oil marketing companies at 25% starting April.

. Some dusted off old camping stoves and refilled oil canisters. “When the pain becomes deep enough, the fear fades,” a 42-year-old Iranian woman said, citing five weeks of war and years of repression and economic crisis in the country.Less than 30 minutes after Trump’s post, Iranian officials told Egypt that Tehran had cut off direct communications with U.S. negotiators, according to officials from an Arab government.

Stock market recap: Nifty 50 rebounded sharply on Tuesday, gaining 155.40 points (0.68%) to close at 23,123.65, marking its fourth consecutive session of gains. The index opened weak, falling more than 120 points and slipping nearly 1% amid concerns about escalating US-Iran tensions and rising crude oil prices.

Best stocks to buy today (All Buy trades are rates of equity and sell rates are based on F&O)Natco Pharma Ltd: Buy above ₹1,085 | Stop ₹1,005 target | ₹1,220 (multiday)Godawari Power and Ispat Ltd: Buy above ₹285 | Stop ₹275 | Target ₹310 (multiday)KPIT Technologies Ltd: Buy above ₹710 | Stop ₹675 | Target ₹781 (multiday)On Tuesday, the benchmark Sensex and Nifty staged a strong recovery after opening on a weak note, supported by robust buying in IT stocks. The domestic markets initially slipped amid rising geopolitical concerns over the West Asia war and investor caution ahead of the deadline set by US President Donald Trump for a possible agreement with Iran.

NEW DELHI: A shortage of refrigerated containers (reefers) caused by the West Asia war is worrying Indian growers of mangoes ahead of the peak export season, according to five people aware of the development.With the war in its second month, key maritime routes, including the Strait of Hormuz and the Red Sea, have been disrupted, leading to container shortages and higher freight costs. Many containers are stuck in transit due to congestion or are being re-routed, leading to longer shipment cycles.This poses a unique problem for India, which produces 20.68 million tonnes, or 44%, of the world's mangoes annually, the most by any country.

For at least a decade, developing countries across Asia and Africa have worried about growing dependent on the People’s Republic of China. They’re concerned about debt traps, coercive policies and hidden costs that might push their economies toward crisis.Crisis has come, and that logic has been turned on its head. After six weeks of the US and Israel’s war on Iran and its ensuing counter-attacks, it is the countries that bet on Chinese supply chains that are faring better than the ones that had trusted Pax Americana.

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Effects of the global disruptions resulting from America and Israel’s war on Iran have started to show on India’s economy. On Monday, the final HSBC India services purchasing managers’ index (PMI), compiled by S&P Global, showed a fall to 57.5 in March from 58.1 in February, marking the slowest rate of expansion in 14 months. This follows a bigger fall in the manufacturing PMI to 53.9 in March from 56.9, the lowest level in nearly four years.Relatively speaking, the services sector has done better.

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