Blues Financial News

Subscribe to enjoy similar stories. Buy the dip? For most of the past week, that referred almost entirely to the salsa, guacamole, and blue cheese dressing for Super Bowl snacks. For stocks, cryptocurrencies, precious metals, and other risky assets, investors were more inclined to sell first and ask questions later.

Subscribe to enjoy similar stories.There’s a subtle shift that happens the moment you pack a bag, you have permission to dress for a completely different version of yourself. Vacation wear isn't about throwing random linens together; it’s about a deliberate kind of carefully careless feel. This week, the Lounge radar is on pieces that balance laid-back comfort with sharp, intentional construction.

Subscribe to enjoy similar stories.MUMBAI: India’s consumer durables makers have begun the current fiscal with cautious optimism, betting on a stronger summer and early demand recovery after a bruising FY26 marked by erratic weather, raw material inflation, supply-chain disruptions and weak operating leverage.“We remain cautiously optimistic about the prospects for FY27,” Nikhil Sohoni, chief financial officer, Blue Star Ltd, said during the company’s Q4 earnings call, while cautioning that rising input costs and volatile exchange rates would make managing margins challenging.Expectations of a stronger summer have lifted sentiment, helped by a weak FY26 base and demand strength in March–May. March was one of Voltas’s highest-ever sales months, while April and May also saw strong dealer-level sales.The Indian Meteorological Department (IMD) has forecast a harsher summer and below-normal monsoon amid emerging El Niño conditions.

Subscribe to enjoy similar stories.Skyroot Aerospace Pvt. Ltd.

Subscribe to enjoy similar stories.I haven’t done this in years. Decades, if school projects don’t count. Needle in one hand, I try to remember how.

Subscribe to enjoy similar stories.If I gave you a choice between something that is 60-70% true and something that is an outright lie, which one would you prefer? It is normal to think that having a reasonable amount of truth in what is being said would be better than a complete untruth, but you would be mistaken. Why?“Something that’s true but incomplete might be more dangerous than something that’s wrong, as a little truth is a fuel for a lot of overconfidence,” said Morgan Housel.

Subscribe to enjoy similar stories.Mumbai: The financial year ended on March was expected to be another record-breaking year for India's corporate bond fundraising. However, the debt market lost momentum following a sharp rise in yields, and a shift in supply and demand dynamics.Funds raised through private placement of listed corporate bonds fell 9% year-on-year to ₹8.99 trillion in FY26, according to data by the Securities Exchange Board of India (Sebi).

Subscribe to enjoy similar stories.Mumbai: Life is coming full circle for Suzlon Energy Ltd as the company looks to resume selling wind turbines in Europe, a market where it stopped sales nearly two decades ago as it worked its way out of a debt crisis.The Pune-based company on Tuesday launched two new turbine designs for the European market with capacities of 5 MW and 6.3 MW, based on its new Blue Sky product platform. These add to its portfolio of 2.1 MW and 3 MW machines.The new platform will debut in Europe and the company will take a call later this year on the specifications in which it can be brought to India, Girish Tanti, the executive vice-chairman of Suzlon, told Mint over a call from Madrid.

Subscribe to enjoy similar stories.When Wells Fargo told the fintech Bilt that it would no longer be the lender for its rent-rewards credit card, Bilt scrambled to find another large bank partner. When that failed, Bilt wound up with private-credit funding.In February, Bilt struck a deal to move roughly $1.2 billion of credit-card balances with funding arranged by a group including Blue Owl Capital and Stone Point Capital as well as Goldman Sachs and TD, according to people familiar with the deal.The companies also agreed to fund hundreds of millions of dollars of credit-card balances that Bilt cardholders will incur in the future, the people said.Consumer debt has become one of the hottest categories in private credit, increasingly sought after by funds and investment arms of insurance companies on the hunt for high-yielding investments.Private credit is in focus on Wall Street right now because of the loans that fund managers have made to software and other companies, often as part of private-equity buyouts, that are now running into trouble.

investors, and capital typically recedes from emerging markets as investors scramble for safety.First Global founder Devina Mehra noted that private credit concerns have emerged amid a broader global environment already tilting risk-off. The current stress underscores the inherent risks of investing in illiquid instruments, where exits can become challenging during periods of uncertainty, she said.Since the US-Iran conflict erupted, the benchmark Nifty 50 is down more than 6%.

Subscribe to enjoy similar stories. “I have to giggle," says Jim Chanos, asked if investors have become overly optimistic about artificial intelligence. “We’ve got to the ‘data-centres-in-space’ stage of the cycle." Firms from SpaceX and Blue Origin to Alphabet plan to shrug off earthly constraints on the computing clusters that power AI, and launch them into orbit.

Subscribe to enjoy similar stories. The contest between Elon Musk and Jeff Bezos is only going to get more heated now that the two are directly competing for the moon. After years of charting a path to Mars, Musk surprisingly announced this past week that SpaceX is pivoting to the moon, where he wants to build a “self-growing city." That puts him in the same space camp as rival Bezos, who has bet that focusing on the moon would give his rocket company, Blue Origin, an advantage.

Subscribe to enjoy similar stories. Retail investors who piled into the blistering bullion rally were left nursing steep losses after MCX silver and gold futures crashed an unprecedented 27% and 12%, respectively, on Friday. The full impact on bullish positions is likely to become clearer when markets reopen on Sunday.

Subscribe to enjoy similar stories. A man on the run in a society turned upside down: that is the image of the world projected in this year’s Oscar nominees. Their heroes dodge injustice and prejudice, flights from danger and towards salvation that are frenzied and exhausting (even for audiences).

Subscribe to enjoy similar stories. So far, the global satellite internet market has been dominated by Elon Musk’s Starlink, an arm of SpaceX. Its main rival, Eutelsat’s OneWeb, has been trailing far behind, as has Amazon’s Project Kuiper.

Subscribe to enjoy similar stories. This year’s Henley Passport Index is out and India has some reason to cheer. The country’s passport now ranks 80th on this annual chart published by Henley & Partners, a London-based global citizenship and advisory firm, up from its 85th rank in 2025.

: As tax hikes in major states and last year’s slowdown in middle-class consumption hurt mass alcohol brands that were the strength of the industry, Allied Blenders and Distilleries Ltd is homing in on premium customers.In March, the Mumbai-based distiller launched a premium and luxury spirits subsidiary, ABD Maestro, in partnership with Hindi film actor Ranveer Singh. The company is expecting to close FY26 with a revenue of ₹100 crore annualized run rate (ARR) and aims to double that in the next financial year, Alok Gupta, Allied Blenders’ managing director, told Mint in an interview.ABD Maestro is home to Allied Blenders’ premium brands, including small batch gin brands Zoya and Pumori, vodka brand Rangeela, and Yello, a whiskey the company launched just last month.“What we have been working on is to figure out what the forward consumption is, where the consumer is likely to go in the sipping and cocktails terrain,” Gupta said.

Dear reader,Happy New Year!Last week, I wrote monthly derivatives expiry and calendar year-end could cap gains in the markets, which otherwise showed signs of optimism. Read that piece here. The Nifty managed to test new highs and is now in blue sky territory.

Electric trucks are becoming the latest type of vehicle to benefit from battery swapping, which has until now been largely restricted to two- and three-wheelers. Pune-based e-truck maker Blue Energy Motors and Murugappa Group’s Montra Electric are rolling out 55-tonne e-trucks that are compatible with battery swapping.These zero-emission commercial vehicles provide the right use-case for price parity between EVs and internal combustion engines (ICE) once the cost of the battery is removed from the equation, according to manufacturers and domain experts.As India races to decarbonize its massive freight sector, battery swapping could prove to be the silver bullet for heavy-duty electric trucks.

What is Santa’s secret? How did Santa become one of the world’s most powerful brands? Not the cookies. Not the sleigh. Nor the flying reindeer with suspiciously high fuel efficiency.

Subscribe to enjoy similar stories. ON DECEMBER 12TH situation maps around the key railway town of Kupiansk in Ukraine’s north-east flipped from red to blue. DeepState, a war monitor, explained the change: a successful Ukrainian counter-attack had liberated most of the town, leaving pockets of Russians encircled.