Usa Financial News

assassination of Iran's supreme leader Ayatollah Ali Khamenei, which has raised hopes of a speedy end to the conflict, regime change in Teheran, peace in the region and the stability that markets crave. Iran's state media confirmed that Khamenei died on the first day of military assault by the US and Israel."Markets could actually rally on hopes of stability in the region in the days ahead after the confirmed death of the supreme leader," said Nirmal Jain, founder of IIFL Group.

₹500 crore for carriers.In a tweet on Saturday, the Directorate General of Civil Aviation said Indian airlines cancelled around 410 flights on 28 February and 440 on 1 March due to security concerns in parts of the Middle East airspace, impacting Gulf and long-haul routes beyond the region, including services to London Heathrow and Canada.West Asia accounts for 15-20% of IndiGo’s daily revenue, according to at least one sell-side analyst. “Flight cancellations due to the West Asia crisis will have an impact on airline revenues.

A rift between the AI firm Anthropic and the US federal government has broken into the open at a fraught geopolitical moment. Negotiations between the AI firm and the Pentagon over deployment of frontier models by the US military stalled after Anthropic refused to permit the use of its models for two specific use cases: domestic surveillance and lethal autonomous weapons. Open AI has struck a deal with the Pentagon in the meantime, even as the use of AI in the battlefield accelerates with deployments by Israel and the US in the ongoing war in West Asia.

Mint examines how events in Iran will unfold and their implications for India and the rest of the world.Late on Saturday, the US and Israeli forces launched ‘Operation Epic Fury’—a massive military operation that not only killed Iran's supreme leader Khamenei but also 40 senior officials, disrupting the Islamic Republic’s command and control. The strikes happened across 24 of Iran’s 31 provinces. Iran retaliated by firing missiles and drones into Israel and other Arab states in the region.

Indian companies with operations in West Asia spent the weekend tracking their employees and gauging the impact on their businesses as the US-Israel strikes on Iran escalated the conflict, freezing movement from outside and within the region.“We are in touch with the client firms. The workers are safe.

On 24 February 2022, Russian forces crossed into Ukraine with the objective of demilitarizing the country and deterring Kyiv from joining the North Atlantic Treaty Organization. Russian strategic planners expected a Ukrainian collapse within a fortnight. Four years on, Moscow has yet to achieve its core wartime objectives of gaining complete control over the regions of Donetsk, Luhansk, Kherson and Zaporizhzhia.

France is great. I visit a few times a year, and the food is fantastic, the museums are amazing and day care is free (or heavily subsidized) for toddlers aged 3 months or more. New York City, where I live, is also great, with pretty good food and architecture.

Technological innovation in all quarters is critical for accelerated economic growth. However, India’s research and development (R&D) debate often focuses on public spending: how much the government allocates, which missions are launched and what headline targets are announced. The data, however, suggests that India’s innovation shortfall is fundamentally an industry story.

Mint explains this breakthrough initiative for patients with severe facial disfigurement and who have exhausted conventional options to restore critical functions such as breathing, eating, and speaking, besides identity and social acceptance; along with accompanying legal and ethical issues.Face transplantation has transitioned from an experimental procedure to an established clinical practice. Successful procedures have been performed in France (the site of the first partial transplant), the US, China, and Turkey.

Write to Dov Lieber at [email protected], Alexander Ward at [email protected] and Laurence Norman at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.

Trending, India , World and US news.

Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

The global steel industry is a major polluter, accounting for about 7-9% of global greenhouse gas emissions. The traditional blast furnace-basic oxygen furnace (BF-BOF) manufacturing process is highly carbon-intensive, emitting an average of 2.33 tons of carbon dioxide per ton of steel.To align with the Paris Agreement's climate goals and pre-empt the imposition of aggressive carbon taxes, major steel manufacturers are actively shutting down their legacy blast furnaces and replacing them with electric arc furnace (EAF) technology.This transition is rapidly restructuring the global steel industry.

Imran Khan’s long career in Pakistani politics produced many unforgettable images. In 2014, he stood atop a shipping container to rage against the US and his own nation’s elite; in 2018, he delivered his memorable first address as prime minister, holding up illustrations of what malnourishment did to children’s brains, and promising to turn the country into an Islamist welfare state.For millions around the world, however, none of these pictures from his later life will ever be as memorable as the spectacle of nearly 40-year-old Imran holding up the world cup that Pakistan’s cricketers had just won.

US President Donald Trump’s State of the Union address this week was quite predictable. His claim that this was “the golden age of America,” for example, was par for the course, given his excesses of rhetoric on fuzzy matters like greatness. What stood out was his defiance over his tariff policy just days after America’s apex court struck down his ‘reciprocal tariffs’.

NEW DELHI: With a new duty slapped on solar module exports to the US, Africa may become an alternative destination for India-made solar power equipment, a government official said.To push solar module exports and project exports, Indian developers can also set up green energy projects through the Renewable Energy Service Company (RESCO) model, Santosh Kumar Sarangi, secretary in the ministry of new and renewable energy, said in an interview."I believe Africa would emerge as a good destination for India. Not only module exports, but also for project exports, where people are able to go and set up projects as RESCO developers," the secretary said.Under RESCO, a company installs, operates and maintains a solar energy system on a consumer’s property.

Last week’s AI Impact Summit ended the way these gatherings routinely do. This time with a ‘New Delhi Declaration,’ a non-binding hymn to cooperation and the hope that “AI could be made to serve humanity.” It’s the sort of empty language that dozens of countries and international organizations can sign up to without changing a thing.The most revealing statement came from the industry. Hours before the declaration, OpenAI CEO Sam Altman offered a bit of moral arithmetic in an interview with the Indian Express.

The news that US authorities had slapped countervailing duties on solar imports from India, citing unfair government subsidies, left investors jittery. For Waaree Energies Ltd, given 30-35% revenue-share from exports and US manufacturing, fears around export viability and margin erosion took centre stage.

Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

After reaching a framework for a trade deal with India that raised the hope of bilateral ties settling down, Washington has thrown a fresh curve ball. On Tuesday, the US commerce department announced varying import duties on solar panels from three Asian countries, including a whopping 126% on those from India. The other two, Indonesia and Laos, also face similarly high tariffs.

India’s traditional brokers are banking on a business they dominate to claw back the ground they ceded to digital rivals over the past decade: lending clients money for leveraged trading.Called the margin trading facility (MTF) in market parlance, it allows investors to buy shares by paying only a part of the total value upfront, with the broker funding the rest at an interest cost.MTF book surged 42.9% in the year through January 2026 to ₹1.20 lakh crore even as the markets turned volatile, according to a February Care Edge report. The top two in the category are bank-backed brokers: ICICI Securities Ltd and Kotak Securities Ltd.