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India’s petroleum reserves have come under scrutiny since the outbreak of the West Asia war, with concerns intensifying as government data showed India’s current capacity in strategic reserves can only cover roughly five-six days of total consumption.Now, this is not as alarming as it seems, as India’s overall capacity is much higher. However, the current crisis has put a spotlight on India’s limited ability in the face of severe shocks to oil, gas and petroleum product supply.India currently has three strategic petroleum reserves (SPRs)—buried in underground caverns—in Visakhapatnam, Mangaluru, and Padur.

India has reset its closer-term climate goals on its way to net-zero emissions by 2070. It now plans to raise the share of non-fossil fuel energy to 60% by 2035, as against 50% by 2030 planned earlier. The country also plans to increase its carbon sink, or its capacity to absorb emissions, to 3.5-4 billion tonnes of CO2 equivalent by 2035, a target upped from 2.5-3 billion tonnes by 2030.

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.

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.

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.

marriage or in common law relationships for financial reasons.”In addition, 80 per cent of Canadians say life is more affordable in a relationship versus being single.Nearly one in four (23 per cent) of surveyed Canadians also said they like the idea of a “five-year renewable relationship contract” instead of getting married.The survey states that four in 10 Canadians (40 per cent) say marriage is “mainly about practicalities for those planning or already have children.”This view is higher among Canadians who identify as male (at 45 per cent) versus female (36 per cent).In addition, 83 per cent believe that couples often stay together for the sake of their children.Clay Jarvis, a financial expert at NerdWallet Canada, said marriage is a “major financial decision” that should encourage couples to evaluate their financial situations.“I think if the conversation is about determining whether to have kids because you can afford them now, I think that’s because your reality now is what you’re basing all of your decisions on,” he said.

You know what will happen if you drive looking at the road that is already behind you? Ignoring both the dangers and opportunities ahead? That is what I thought of when I saw that inflows into Indian gold exchange traded funds (ETFs) exceeded flows into equity funds in January 2026.For context, in March and April 2025, gold inflows were hugging the zero line even as equity mutual fund flows were at pretty much the same level as in January—around ₹24,000-25,000 crore. Now the dollar price of gold is down 20-25% from its January peak. But this is not a column about gold.

A silver lining seems to have appeared around the clouds of war over West Asia. Donald Trump put off by five days the US threat of bombing Iran’s energy infrastructure just hours before his 48-hour deadline was to expire for Iranian forces to open the Strait of Hormuz.The US President cited “very good and productive conversations regarding a complete and total resolution of hostilities in the Middle East” between the US and Iran over the past two days as the reason for his decision.

The simultaneous patent expiry of Ozempic’s active ingredient in China and India on Friday was a watershed moment. Until now, these weight-loss drugs have been available largely to people with means. The launch of affordable generic versions will be a levelling force in healthcare, with global consequences.That’s because the world’s two most-populous countries aren’t just consumers.

Five major central banks—the US Federal Reserve, the European Central Bank, the Bank of England, the Reserve Bank of Australia, and the Bank of Japan—met this week to deliver their rate decisions. Four of the five opted to pause and continue with existing policy rates.

₹6,835 crore (about $735 million) from five foreign banks to fund its ₹91,000 crore semiconductor fabrication (fab) facility in Gujarat. The lenders have put conditions on ownership, branding and equity that reflect their reliance on the Tata Group’s credit profile and the tight financing terms shaping India’s chip manufacturing push, according to company filings and executives aware of the matter.The lenders have stipulated that the Tatas retain a 51% stake in TSML, the wholly owned subsidiary of the privately held Tata Electronics, and continue using the ‘Tata’ brand, according to documents filed with the ministry of corporate affairs.

cheque bounce and NPA matters, is not just a legal problem but an economic bottleneck.“The approach is to move from a litigation-heavy enforcement model to a resolution driven framework. Reducing pendency in cheque bounce cases means unlocking stuck money, easing pressure on banks, and improving credit circulation, each of which has a direct bearing on economic growth,” Said Gauhar Mirza, partner at law firm Saraf and Partners.A similar meeting was last held on 5 February 2026, during which discussions centred on measures to settle one-third of the total pending accident claim cases in tribunals and high courts across India.Emails sent to the finance ministry, IBA, General Insurance Council, MCPC and NALSA remained unanswered till press time.Abhishek Singhvi, senior advocate at the Supreme Court, and Rajya Sabha member, said, “India, with the best and the brightest in its legal ecosystem, and despite avant garde doctrines like basic structure and PIL (public interest litigation), suffers the ignominy of humongous arrears and five crore plus case pendency.

₹1,800 per month for a starting dose, which translates to ₹450 per week. While some of its competitors have launched injectable vials at lower prices, Alkem’s generic pen undercuts other pen devices launched on Saturday, which are in the range of ₹3,000-4,000 a month.“Affordable pricing will empower healthcare practitioners to offer the therapy to as many deserving patients as they feel,” Alkem's chief executive officer (CEO) Vikas Gupta told Mint in an interview.

Mumbai: As war roils the Persian Gulf and the global economy feels its shockwaves, just across the Arabian Sea in Mumbai sits Great Eastern Shipping Co. Ltd, one of the few winners of a conflict that nobody but a few wanted.India's largest private shipowner, with a fleet of 40 vessels, is benefiting as global ship chartering rates surge amid the war entering its fourth week on Saturday.

Novo Nordisk to treat type-2 diabetes, semaglutide, delivered in an injection, has gained global attention for its weight-loss benefits. The drug is sold under brand names Ozempic, Wegovy and Rybelsus (oral pill) by the Danish pharma giant.With patent protection expiring, companies including Dr.

IPO-bound Central Mine Planning and Design Institute (CMPDI), the mining consultancy arm of Coal India Ltd, is betting on the state-run miner’s ambitious production expansion to drive its own growth in the coming years, even as it looks to diversify into critical minerals and overseas projects.The organization’s relationship with Coal India should not be seen as a dependency but rather a “symbiotic” partnership that has evolved over the last five decades, said Chaudhari Shivraj Singh, chairman and managing director at CMPDI, told Mint.“CMPDI has been with Coal India for nearly 50 years and has played a big role in bringing the company to its current scale. All exploration, mine planning and prioritisation of mining activities have been carried out by CMPDI,” Singh said.Coal India continues to dominate India’s coal output, accounting for about 67% of the country’s production last year, while the remaining 33% came from government, public sector and private companies.

Pet parenting in India is harder than it should be.” Vineet Khanna, co-founder of pet support platform Supertails, leans back in his chair and gives two examples that illustrate the lack of an ecosystem and low awareness about pets and pet parenting that make it so difficult.Two girls tele-consulted the Supertails vet, saying their newly acquired cat was making “a strange sound”. The call switched to video, but the cat, unaware of the attention, took some time before she made the mysterious sounds that had her minders worried.

lactose intolerant, the regulator may allow complex carbohydrates such as polysaccharides and oligosaccharides instead of refined sugars.India records roughly 25 million births annually, making infant nutrition standards a significant public health lever. Data from a National Family Health survey show the share of overweight children has increased to 3.4% from 2.1% five years earlier.The Economic Survey 2025-26 warned that the number of obese children in India could rise to 83 million by 2035 from 33 million in 2020.

NEW DELHI: The Centre is considering a 12–16% incentive on large investments to boost domestic manufacturing of construction equipment such as tunnel boring machines, cranes and crawlers, two people familiar with the discussions said.The proposal is part of the scheme for enhancement of construction and infrastructure equipment (CIE) announced by finance minister Nirmala Sitharaman in her FY27 budget speech on 1 February.

₹36,800 crore) over the next four years.Once a diversified conglomerate spanning branded textiles, apparel, garmenting, real estate and specialised engineering businesses, Raymond has since restructured its portfolio to unlock shareholder value.The company spun off its textile business, which is now listed separately as Raymond Lifestyle, while consolidating its engineering and aerospace platform under Raymond.Today, the company operates through two segments:• Precision Technology & Auto Components (JK Maini Precision Technology)• Aerospace & Defence (JK Maini Global Aerospace)JK Maini Precision is the largest contributor, generating ₹1,225 crore and accounting for 72% of revenue, while Aerospace & Defence contributes 16%.Against this backdrop, Raymond’s strategy now hinges on how effectively it can capture the emerging opportunity.JK Maini Precision (JKMPTL) is the core growth engine within Raymond’s engineering platform.The segment integrates the company’s Tools & Hardware division, Ring Plus Aqua, and automotive operations. JKMPTL functions as a Tier-1 supplier of mission-critical precision components to both domestic and global original equipment manufacturers (OEMs).The division manufactures over 2,000 auto components, operates across 18+ global customer locations, and serves more than 100 large global clients.JKMPTL holds strong and defensible positions across several legacy product categories.In steel files, it ranks No.1 globally in installed capacity, with a 25% global market share.

Ather unveiled its new EL platform last year in August on which its future scooters will be built.The EL platform allows the company to a suite of products, ranging from family oriented scooters to sporty performance models, over five years.Ola Electric, dealing with losses and slowing sales, is shrinking its network from about 4,000 stores to around 700, it informed investors in February after the release of its December quarter earnings.Ather is set to double store count to 700 this financial year from 350 in fiscal 2025. A target of at least 1,100 by the end of March 2027 suggests that it would have added 750 stores or more in two years.The latest move by Tarun Mehta-led Ather comes after the Bengaluru company overtook crosstown rival Ola Electric in quarterly revenue, volume sales, and market valuation in the last six months.For two consecutive quarters, Q2 and Q3 FY26, Ather’s total revenue of ₹941 crore and ₹996 crore surpassed Ola Electric’s ₹756 crore and ₹504 crore.Since Ather’s listing in May 2025, the company’s shares have surged by 118% while Ola Electric’ shares have fallen by 51%.