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Mint India Investment Summit in Mumbai on Friday.“You will lose some… but there’s no need to say the world is coming to an end… this will come out better,” said Puri, who was conferred the lifetime achievement award at the summit.He pushed back against concerns of large-scale displacement from the adoption of AI, adding that the technology is already creating new roles across the value chain.“This is just the raw material… somebody has to convert what was a possibility into reality,” he said, adding that this will create emerging demand for prompt engineers, context engineers and specialized data scientists.Calling AI one of the biggest opportunities, Puri said its impact will be most visible in customer-facing sectors such as banking.“AI can and should be used in a full role for efficiency and for profit,” he said, adding it can used for applications in credit assessment, marketing, fraud detection and operations. At the same time, he cautioned against overestimating the pace of change.“It’s here to stay… but it’s not as if everything is going to be implemented overnight,” he said, adding there is too much negative hype on job losses.Puri maintained that India’s structural growth story remains intact, backed by strong fundamentals.

Mint India Investment Summit 2026 on Friday.“I have been telling Sebi for the last 10 years (to) have an effective regulatory impact assessment mechanism (to) see whether the regulations that are in your books are relevant for today's times,” said the former Indian Administrative Services officer, who was the guest of honour at Mint’s flagship summit.Many of Sebi’s rules have passed their “sell-by date”, he said, responding to a question on what rule change he would ask the current Sebi leadership to make.The septuagenarian deflected no questions and eloquently shared his opinion on subjects ranging from environmental, social, and governance (ESG) issues to the sudden resignation of Atanu Chakraborty as the chairperson of India’s largest private-sector bank, HDFC Ltd.While calling the HDFC episode sad, he clarified that he did not know more about it than what has been publicly disclosed by the bank. However, he said no differences in a boardroom were insurmountable.He attested to witnessing many boardroom conflicts himself through his extensive experience as an independent director at top Indian companies.

Mint India Investment Summit & Awards in Mumbai on Friday.As credit expands, maintaining asset quality, strong capital buffers, rigorous underwriting, and robust governance will remain non-negotiable, he added.“Growth and financial stability must be pursued together, because they are mutually reinforcing. We operate in an environment of global uncertainty, with geopolitical tensions, shifting trade patterns, and evolving monetary policy dynamics across major economies,” he added.To be sure, Indian banks were burdened with a mountain of bad debt a decade ago, prompting the government and the Reserve Bank of India (RBI) to take several measures to revive the sector.

The US Department of Labor has proposed new rules with a near 11% increase in base wages for new H-1B visa applicants, a move that could raise costs for large information technology (IT) services firms which deploy significant visa-linked talent.As per a 26 March notification, the changes would lift pay benchmarks by at least $14,500 across entry-level and experienced hires, as Washington said it looks to curb “misuse” of the visa programme and bring foreign worker wages closer to parity with those of US employees. Going by this, an employee working on an H-1B visa in the US, who earned a base wage of $133,850 last fiscal year, would now earn about $148,439.The department has invited feedback on the new rules on or before 60 days of publishing of the draft.H-1B visas are non-immigrant visas that allow foreign nationals to temporarily work in the US in specialized occupations, including IT services-related work.The US department said the move aims to curb abuse of such visas "by reducing the incentive to displace American workers with low-wage foreign visa holders.”“This proposed rule will help ensure that employers pay foreign workers wages that reflect the real market value of their labor, in addition to protecting the wages and job opportunities of American workers," said Lori Chavez-DeRemer, US Secretary of Labour, as part of the Labour Department’s press release dated 26 March.

hospitals, and since only 20–25% of work is outsourced today, there is still a lot of room to grow. This could act as a tailwind for Sagility’s services.The type of work is also changing. Clients now want partners who can handle bigger and more complex tasks, not just basic services.

FMCG) companies are now embedding protein into everyday items—from burgers and coffees to staples like chapatis—to drive frequency and mainstream adoption.“We see protein as a long-term shift rather than a niche trend, especially as consumers become more aware of nutritional gaps in everyday diets. However, for this to truly scale in India, it has to be accessible,” said Enakshi Dasgupta, head of new product development, iD Fresh Food.

Retail investors can also develop their own software for application programming interface (API)-based trading.For a segment that had grown rapidly through third-party platforms and loosely governed APIs, the rules mark a structural reset—and have triggered a race among brokers to offer proprietary, in-house-built algos to strengthen customer stickiness.Algorithmic trading refers to the use of computer programs to execute trades automatically based on predefined rules such as price, timing or volume, with minimal human intervention.“We are seeing a clear shift towards brokers offering in-house algorithmic strategies,” said Sandeep Chordia, chief operating officer, Kotak Securities. Kotak Securities is working on an in-house algorithm that is expected to launch soon.“This can materially expand participation, especially among investors who are not tech-savvy and prefer to rely on a trusted broker rather than third-party providers,” Chordia added.Competition among brokers intensified after discount brokers such as Groww, Zerodha and Angel One cornered significant market share over the past decade, riding on low-cost pricing and a surge in derivatives trading.Groww has over 12.74 million active clients and a market share of 28.4%, followed by Zerodha at 6.9 million clients and 15.4%, and Angel One at 6.8 million and 15.1% as of February, according to data from the National Stock Exchange.The gap with the rest of the industry is stark.

Indian IT sector is struggling with subdued organic revenue growth. Concerns of AI-led disruption to traditional IT business models have weighed heavily on stock performances and earnings outlook.

15 years.Rajan Mehta and Sanjiv Shah, former co-founders of the mutual fund which started India's first ETF, Benchmark Asset Management Co., have received final approval from the market regulator to launch Lakshya AMC.“Our underlying philosophy will remain passive, and we are not going for the active route,” Mehta told Mint. "Doing stock picking based on research.

HLL Lifecare Ltd, Mankind Pharma Ltd and Cupid Ltd are grappling with the unavailability of silicone oil (polydimethylsiloxane PDMS) and a surge in ammonia prices, according to multiple people aware of the development. Ammonia is used to stabilize latex and remove excess proteins, while silicone oil coating acts as a lubricant.Production and order execution have been affected by supply constraints and price volatility in key inputs such as polyvinyl chloride foil, aluminium foil, poly, chemicals, and other packaging materials, as well as by logistics disruptions, said a senior executive from a leading condom maker in the country.Around 40–50% price hike is expected in ammonia, and an “exorbitant increase in the price of silicone oil is causing market uncertainty”, said an executive, who didn’t want to be identified.As it nears four weeks, the West Asia war has disrupted trade through the Strait of Hormuz.

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large-caps.In an interaction with Mint, Sahil Kapoor, head-products and markets strategist, DSP Mutual Fund, explains why he believes the current setup offers a contrarian opportunity.We recently put out an ad hoc update, which is quite rare for us. The trigger was that markets had hit several extremes at the same time.A number of private banks, IT companies, some FMCG names and housing finance firms, were trading at valuations last seen during the global financial crisis. Many others were at or below their long-term average valuations.

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graphics processing unit and memory costs is forcing a rethink of India’s flagship electronics incentive scheme, with the government now recalibrating Production-Linked Incentive scheme (PLI) 2.0 for IT hardware.The move signals a shift from volume-led assembly to value-linked manufacturing, particularly in artificial intelligence (AI) servers and advanced components, potentially reshaping the opportunity set for electronics manufacturing services (EMS) players. PLI 2.0, in its revised form, is expected to better account for the higher bill of materials in AI hardware, while continuing to reward incremental production, reduce import dependence and deepen domestic capabilities.Against this backdrop, a clutch of EMS companies with exposure to servers, displays and semiconductor packaging could be early beneficiaries, if policy design aligns with industry expectations.Here are three stocks to watch:Syrma is emerging as a niche player in high-end electronics, with a growing foothold in the server ecosystem.

India’s ministry of new and renewable energy (MNRE) recently suggested to a parliamentary panel that it needs a greater role in policy formulation for the electricity sector. No doubt, its remit warrants deeper consultation with the sector’s anchor, the ministry of power (MoP). Solar projects have come up but are unable to despatch electricity on account of inadequate evacuation facilities, a subject that is squarely within the MoP’s ambit.

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F-15E Strike Eagles on March 1—all six crew members safely ejected. A new-model F-15 today costs about $100 million.A U.S. F-35A Lightning II stealth fighter made an emergency landing on March 19, and its pilot was in stable condition.

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.

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shaky five-day truce in West Asia looms, leaving investors caught between hopes of de-escalation and the reality of a US military deployment."While the sellers are relatively more bullish after the two-day rally, they aren't taking any chances lest last-minute nasty surprises crop up on Friday," said Sudhir Joshi, consultant at Khambatta Securities.The bullishness of sellers or writers is reflected in the relative number of puts to calls sold as of Wednesday. For every 100 calls sold, the writers sold 124 puts, underscoring their belief that they would retain premiums on the puts sold as markets would rise by 30 March.The put-call ratio typically ranges from a very bearish 0.70 to an extremely bullish 1.30.A put seller gains when the market rises or remains flat, while a call seller gains when the market falls or remains flat at the level sold.