Updates Financial News
16.05 / 00:51
markets
Aware
Cycling
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Equality
Updates
Bond market prices in possible RBI rate hikes after fuel price increase
Subscribe to enjoy similar stories.Mumbai: India’s bond market is beginning to price in possible RBI rate hikes later this year after Friday’s fuel price increase renewed concerns over inflation, pushing government bond yields higher and reviving debate over whether the RBI may eventually need to raise rates.On Friday, the benchmark 10-year government bond yield climbed 4 basis points (bps) to 7.06% after state-run oil marketing companies raised petrol and diesel prices by about ₹3 per litre. The yield had already risen around 10 bps since last week to close at 7.02% on Thursday, according to Bloomberg data.
15.05 / 19:23
markets
UPS
Provident
Charity
Updates
Mystery Bidder Pays $9 Million to Dine With Warren Buffett
Subscribe to enjoy similar stories.Warren Buffett is stepping out for his famed charity lunch again.A mystery bidder paid just over $9 million to win an auction with the Oracle of Omaha, who last participated in the event in 2022.The winner will meet the Berkshire Hathaway chairman for lunch on June 24 in Omaha, Neb. They will be joined by Golden State Warriors point-guard Steph Curry and his wife, entrepreneur Ayesha Curry.
15.05 / 19:23
markets
Dash
wellness
trends
Updates
Anthropic Raising $30 Billion More as AI Labs Absorb Majority of VC Funding
Subscribe to enjoy similar stories.Anthropic is raising more than $30 billion at a $900 billion valuation as the AI giant seeks funding ahead of its widely expected initial public offering, according to people familiar with the matter.The company, along with rival OpenAI, have collectively raised more than $220 billion in funding since the beginning of last year, according to company announcements, not including Anthropic’s new funding. The AI giants’ mad dash for funding has cemented a new trend in venture capital, in which a handful of companies are absorbing an unprecedented share of VC funding.In the first quarter of 2026, OpenAI and Anthropic, as well as xAI, Waymo and Databricks, raised about 75% of total venture investment, according to PitchBook, a level of concentration the data firm said had no modern precedent.Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
15.05 / 19:23
markets
FIVE
Action
wellness
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Updates
Are U.S. Markets Acting Like Meme Stocks? Some Actions Have Investors Worried.
Subscribe to enjoy similar stories.U.S. stocks have been on a tear, with the S&P 500 rising nearly 20% from the lows of late March and plowing past risks linked to surging oil prices, rising inflation, and the Iran war.Tech stocks have been scorching, with the Nasdaq rising nearly 30% from its March 30 nadir, powered in part by an astonishing gain of nearly 70% for an index of chip stocks and a 25% surge in the value of the Magnificent Seven.But developments in the options market are starting to raise questions about the strength of the spring rally and its staying power into the summer months.Similar questions arose five years ago during the demise of meme stocks, which got that name because they rise and fall with social media buzz and not business fundamentals.Meme stocks often suffer from what’s called a “gamma squeeze,” triggered in part by the buying of call options.Call option buyers have the right, but not the obligation, to purchase underlying shares at a certain price in the future.
15.05 / 12:07
markets
UPS
film
consequences
Department
Updates
Rangers
‘Pati Patni Aur Woh Do’ review: A curiously disengaged comedy
Subscribe to enjoy similar stories.Pati Patni Aur Woh Do belongs to that familiar subgenre of Hindi comedy where men create catastrophes through lies and cowardice, then expect applause for surviving the consequences. Ayushmann Khurrana plays Prajapati Pandey, a forest ranger introduced with the kind of exaggerated masculinity the film both mocks and indulges.
15.05 / 11:05
markets
Action
Fighting
film
Justice
performer
Updates
‘Kartavya’ review: Saif Ali Khan digs deep but film has a familiar bleakness
Subscribe to enjoy similar stories.By the time four thugs corner SHO Pawan Malik (Saif Ali Khan) in his home, Kartavya has been simmering for an hour and 15 minutes. Threats are made; Saif folds his arms and tells them to do their worst. I was ready for him to knock them out cold, but then something interesting happens.
15.05 / 09:53
markets
Booking
Remark
Universities
Celebrity
show
Updates
Does an LLM hear your prayers?
Subscribe to enjoy similar stories.“Compassion,” the preacher proclaimed, is “mercy in action,” adding: “I can also show you one small rhetorical tweak that guarantees even your densest congregant won’t miss the point.”As it happens, the preacher is an online comedian named Louisa Melcher, and the sermon is one of her skits. But the comedy is less funny when one realizes that artificial intelligence is already slipping into pastoral work.“AI is a remarkable tool for synthesizing 2,000 years worth of Catholic thought and tradition,” says the Rev.
15.05 / 09:53
markets
Aviat
Photography
Photos
War
Golf
Updates
The World War I pilot who is still shaping America’s best golf courses
Subscribe to enjoy similar stories.When Gil Hanse set out to renovate Aronimink Golf Club outside Philadelphia he made it his mission to restore it to its original, legendary designs from the 1920s. The decades had altered the course’s identity with everything from new trees to renovated bunkers. But Hanse was determined to understand what Aronimink really looked like a century ago.As Hanse sifted through archives, he soon made a surprising discovery: rare aerial photographs of Aronimink’s early days that diverged from old drawings of the grounds.
15.05 / 09:53
markets
Target
economy
wellness
Trade
reports
Updates
Beijing’s ‘industrial policy of everything’ leaves rest of the world in the dust
Subscribe to enjoy similar stories.In the decades since China joined the world economy, U.S. presidents have traveled to Beijing with a predictable list of demands: stop stealing American intellectual property, don’t force technology transfer, open your markets. Donald Trump followed the script on his previous visit in 2017.Whether he does so again this week, it would be pointless.
15.05 / 08:55
markets
economy
Universities
reports
Equality
Updates
inequality
A universal basic income won’t solve the AI unemployment problem—here’s what will
Subscribe to enjoy similar stories.There is a palpable fear among American workers that artificial intelligence (AI) is coming for their jobs. The answer to that fear, as I’ve argued, is to make job loss less scary by building a new unemployment programme. An overhaul is long overdue, and it would help not only a vulnerable labour market but also workers whose fears are realized.But would it be enough?AI job loss is not happening in a bubble.
15.05 / 08:15
markets
Career
blues
Features
Updates
Interviews
A curated edit of luxury vactionwear
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.
15.05 / 08:15
markets
COST
economy
Discover
War
Updates
An attack on the world economy
Subscribe to enjoy similar stories.Having DISCOVERED the costs of tariffs, President Donald Trump has now discovered the costs of war. On March 9th he declared that his campaign against Iran would be over “very soon”, sending oil prices, which had peaked at nearly $120 a barrel the day before, crashing to nearly $80 (before the war they had been $70).
15.05 / 08:15
markets
Booking
Research
trends
cover
reports
Updates
DLF is not aggressively chasing pre-sales because its goal post is better margins
Subscribe to enjoy similar stories.Realty developer DLF is bracing for yet another year of range-bound pre-sales. Instead of aggressively chasing bookings, the company is prioritizing margins and free cash flows.Pre-sales or bookings in the March quarter (Q4FY26) rose sharply, both sequentially and year-on-year, to ₹3,980 crore.The uptick was driven by sales at The Dahlias, Privana and Westpark projects.
15.05 / 08:15
markets
Manufacturing
Trade
country
social
Updates
International
China and the US should sort out their own policies to tackle the imbalance that’s straining their ties
Subscribe to enjoy similar stories.As Donald Trump and Xi Jinping engage in high-stakes talks in Beijing, the underlying context is that global imbalances are widening again, with the US and China at the centre. But the central economic problem between the world’s two big economies is being misdiagnosed.The US–China imbalance is not fundamentally a trade policy problem. It is a structural macroeconomic imbalance rooted in savings, investment, fiscal choices and the architecture of the international monetary system.
15.05 / 08:15
markets
UPS
economy
shooting
country
Updates
The world is burning through its oil safety net
Subscribe to enjoy similar stories.An underappreciated surplus of crude oil, sloshing around storage tanks and aboard ships, cushioned the global economy when the Persian Gulf closed 2½ months ago.That excess supply is now dwindling at a record pace, with oil executives and analysts predicting that a harsh reckoning is set to upend the relative calm in energy markets. Acute shortages of key fuels and soaring prices could emerge within weeks if the Strait of Hormuz remains shut.The drawdown in private storage and government strategic reserves along with a fall in demand due to the higher prices, has bought time and prevented oil prices from exploding.
15.05 / 05:33
markets
COST
UPS
trends
show
shock
Updates
Why JLR remains elephant in the room for Tata Motors despite domestic momentum
Subscribe to enjoy similar stories.Tata Motors Passenger Vehicles Ltd’s FY26 earnings showed that the domestic business is firing on all cylinders, but Jaguar Land Rover’s troubles continue to overshadow the gains.The domestic business benefited from the post-GST 2.0 demand recovery, particularly in SUVs, EVs and CNG vehicles. Nexon and Punch continued to see strong traction, while recent launches such as Sierra and the refreshed Punch.ev added momentum.The result: Tata Motors clocked an industry-beating 15% year-on-year (YoY) growth in sales volumes to more than 640,000 units in FY26, making it the second-largest passenger vehicle (PV) player in H2FY26.
15.05 / 01:37
markets
COST
UPS
Manufacturing
War
Updates
Mint Quick Edit | The government may not be able to shield consumers from inflation much longer
Subscribe to enjoy similar stories.Although retail prices stayed largely cool, inflation at the wholesale level ran hot last month in a sign that supply shortages caused by the war in West Asia have started to feed price pressures. The wholesale inflation rate for April more than doubled to 8.3% from a year earlier, compared to 3.9% in March, according to government data issued on Thursday. April’s reading was the highest in three-and-a-half years.
15.05 / 01:37
markets
UPS
Provident
Manufacturing
Tesla
pandemic
Updates
Honda’s never faced a crisis like this—and a comeback won’t be easy
Subscribe to enjoy similar stories.Honda Motor managed to stay profitable through a global financial meltdown, natural disasters, a safety crisis and the pandemic. Then came America’s electric-vehicle whiplash.The Japanese company, the fifth-largest automaker in the U.S. by sales, is confronting some of the steepest challenges it has faced in its nearly seven decades as a public company.
15.05 / 01:37
markets
Citi
Digital
ETF
Trade
electronic
Updates
Why India's new hybrid gold products may not be the right investment fit
Subscribe to enjoy similar stories.Over the last few days, market intermediaries have launched regulated versions of digital gold that also allow individuals to take physical deliveries. On paper, these products promise the best of both worlds: access to high-purity gold at transparent prices without the hassle of storage.
15.05 / 01:37
markets
Trade
President
country
Updates
Relationships
Xi issues Taiwan warning at summit with Trump. What it means for trade.
Subscribe to enjoy similar stories.President Donald Trump and Chinese leader Xi Jinping spent their first day of bilateral talks on Thursday showing an eagerness to manage the economic rivalry between their countries.Trump talked about the possibility of increased economic ties, and Xi held out the possibility of U.S. companies enjoying “even broader prospects in China.”Even the most glaring point of friction in the talks – a warning from Xi that differences over Taiwan could lead to conflict and jeopardize the relationship – could be an opportunity to dial down the tensions if the two economic powerhouses find ways to navigate their complicated relationship.“Trump and Xi are staking out their positions on geopolitical issues that are of particular importance to each of them, while signaling some openness to being more accommodative on other subjects like trade, technology, and market opening,” says Eswar Prasad, a Cornell economics professor and former head of the China division for the International Monetary Fund.China greeted Trump and a delegation of more than a dozen chief executives from U.S.
14.05 / 11:25
markets
UPS
Mobile
Continental
Trade
Updates
Bharti Airtel’s Africa rejig positive. All eyes now on capital allocation
Subscribe to enjoy similar stories.The Street keenly awaited Bharti Airtel’s board meeting outcome on Wednesday, more for its agenda of Africa telecom business ownership restructuring rather than the March quarter (Q4FY26) results announcement. Investors heaved a sigh of relief as the exercise simplifies the holding structure of Africa telecom business.
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