Updates Financial News

20.03 / 00:31

markets Provident security War Cycling consequences Updates West Asia conflict to prolong earnings recovery cycle, but worst is over: Gaurav Dua of Standard Chartered Securities

India Inc.’s earnings recovery will take longer than expected as higher energy prices amid the West Asia conflict could squeeze margins, according to the investment head of Standard Chartered Securities (India).“The consensus about a month back was building around 14-15% kind of (earnings) growth, which might come to low double-digits because of these changes in the input cost,” said Gaurav Dua, chief investment officer at the broking firm.For a year and a half, India Inc has been in an earnings downgrade cycle that was expected to bottom out, Dua said. But the rising energy prices could prolong the recovery, he said.

20.03 / 00:31

COST UPS Aware Election cover Updates Will health insurance cover LASIK surgery? Here’s what you need to know

I am planning to undergo LASIK surgery to correct my eyesight. Will my health insurance policy cover this procedure? What are the rules and conditions I should be aware of?- Name withheld on requestLASIK surgery is a popular option to correct vision and reduce dependence on glasses or contact lenses.

19.03 / 15:35

markets economy Updates Iran’s caused a rates crisis for the world’s central banks. Why the ECB should follow the Fed.

Write to George Glover at [email protected] all the Business News , Economy news , Breaking News Events andLatest News Updates on Live Mint. Download TheMint News App to get Daily Market Updates.

19.03 / 10:51

markets UPS Art Fighting voice rights Updates The art of confrontation: This isn’t about workplace conflict but goal-oriented collaboration if done right

If there were an upskilling programme in the ‘Art of Confrontation,’ India Inc would benefit more from it than from many of the dime-a-dozen workshops that are held to raise work productivity. A knack for judicious confrontation is rare, as it takes tact to voice dissent without being aggressive in most corporate cultures. One could be labelled as a worthy opponent or team player without knowing which.Effective confrontation at work is an acquired skill, one seen in some startups that make space to openly reject ideas and question the constraints of hierarchy for better outcomes.Workplaces where debates are not fights encourage a ‘multi-hat’ look at strategic plans, to borrow a term from Edward de Bono’s Six Thinking Hats (1985).

19.03 / 10:13

markets Updates China hoped Trump Summit would cement its superpower status. Now Xi has to wait.

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19.03 / 10:13

markets Updates Roche bets splits in obesity market will open door to new entrants

Write to Adrià Calatayud at [email protected] all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

19.03 / 10:13

UPS Citi Provident Booking Metro exclusive Updates Salary shakeup: How new wage rules and income tax tweaks will change take-home pay

taxpayers are opting for the new tax regime, which offers few exemptions for allowances. Companies don’t want to keep bearing the administrative burden of giving an allowance that no one uses.

19.03 / 10:13

markets UPS Updates Russia’s shadow-fleet kingpin is back in business

. Eyyub was pitted against a trader from Pakistan, Murtaza Lakhani, according to people familiar with their operations.As Eyyub, Lakhani and a few other traders competed, the price of Russian oil recovered. Rosneft’s crude found new buyers, particularly in India.But Eyyub muscled out his rivals.

19.03 / 10:13

markets ETF economy Inside Updates America’s private credit boom is turning into a game of musical chairs—and that’s a worry

Every financial crisis has a moment, usually identified only in retrospect, when an obscure product intended to mitigate risk spreads through what author Rick Bookstaber called “tightly coupled” interconnections to cause widespread damage. The first sign is lots of hard-to-understand stories that seem unrelated, except that they all involve a single sector.Think of all the stories in 2006 and early 2007 about subprime mortgages, underwriting fraud and various other technical-sounding events that seemed far removed from the real US economy and retail investors—until they weren’t.

19.03 / 09:15

markets UPS economy Healthcare country travelers Updates AI doom or boom? Let’s not get over-anxious about the impact of this technology on India’s economy

In the last few years, conversations on artificial intelligence (AI) have made their way from a few company boardrooms and R&D divisions to almost every company’s strategic vision and every investor’s daily life. There is hardly any seminar or conference—be it on healthcare, travel, consumer experience, legal affairs or economics—that doesn’t discuss the AI-led revolution. It is time to assess its impact on India, the world’s fastest-growing major economy.

19.03 / 09:15

markets Updates Why America’s bond market just keeps winning

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19.03 / 09:15

markets UPS Aviat Airlines Boeing Updates International AIESL eyes Jewar, Navi Mumbai MRO hubs as competition intensifies

₹200–300 crore in the new facilities, even as competition intensifies with airlines and airport operators moving to build captive maintenance bases.Carriers such as Air India, IndiGo and Akasa Air have outlined plans to set up their own MRO infrastructure, including at Bengaluru and Jewar, tightening the competitive landscape AIESL is stepping into.AIESL, originally set up as a wholly owned subsidiary of Air India, was later hived off into AI Assets Holding Co. Ltd following the Tata group’s acquisition of the airline.The company is evaluating a calibrated approach to expansion.

19.03 / 09:15

markets Updates Should America’s police ever be criminally liable for failing to stop crimes?

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19.03 / 09:15

markets Updates Trump wants Powell out. Powell is digging in.

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19.03 / 07:49

markets COST UPS economy Updates Mint Explainer | How long can India delay a fuel price hike?

after the US and Israel attacked Iran on 28 February. While several global economies, from the US to China, have already passed on higher costs to consumers, India has kept prices stable. With crude prices surging, oil marketing companies (OMCs) are taking a big hit.

19.03 / 07:49

markets COST UPS security Food Cycling Updates India faces plastic packaging crunch: Crude oil prices and hoarding create scarcity for F&B firms

Bengaluru: A sharp rise in crude oil-linked raw material prices is unsettling India’s plastic packaging industry, but a bigger disruption is being caused by companies securing and stockpiling their supplies, tightening availability and pushing up prices.This is directly impacting packaged food and beverage companies that are preparing for peak summer demand. Most plastics are derived from crude oil and natural gas liquids that are refined to make the raw material for plastic.Prices of key inputs such as PET resin (used for plastic bottles) and polyolefins (used for bottle caps, labels and pouches) have surged by 40% to 80% in weeks, driven by the West Asia conflict that started on 28 February and subsequent global crude oil volatility.

19.03 / 06:35

markets COST UPS Provident Southern Updates Cement demand holds up, but can it offset rising cost pressures?

price hikes better not be delayed beyond April.“Cement spreads, a key leading indicator of industry unitary Ebitda, averaged ₹2,704/tonne in Q4FY26 (forecast), marking a decline of over ₹50/tonne QoQ, as elevated costs pressured margins amid the geopolitical uncertainties,” said a 13 March report by Nomura Research.Given that it takes 60-90 days for costs to flow through to profit and loss statements, thanks to the buffer provided by inventories and transit times, the real pressure may only show up in the coming quarters. Nomura’s channel checks, however, suggest price hikes could resume after March, once the year-end volume push subsides, helping cushion margins.Still, near-term cost pressures are a reality, and will be hard to ignore.

19.03 / 06:35

markets COST UPS War exclusive Updates West Asia war may squeeze profit for India's top beer maker as input costs rise as summer starts

A faraway war may squeeze margins for one of India’s biggest beer makers just as the summer season begins.After two tepid quarters, demand is finally recovering but profitability could be under pressure amid rising input costs due to the ongoing war in West Asia, Vivek Gupta, managing director and chief executive officer of Bengaluru-based United Breweries, which makes Kingfisher and Heineken, said in an exclusive interview.“The growth of the beer category is dependent on not just favourable weather but also on affordability, local policies and raw material supplies,” Gupta told Mint. “Our margins will surely be under pressure as there will be some impact from the war.

19.03 / 06:35

COST Progressive economy Trade country inclusion Updates Explainer | Why India is pushing to cut remittance costs at WTO

India joined several developing countries to advocate for a global framework to lower cross-border remittance costs ahead of the World Trade Organisation's 14th ministerial conference (MC14), marking a focus on development-linked financial issues in trade.The proposal, supported by Morocco, Pakistan and the African Group, addresses remittance fees, which remain above the United Nations’ Sustainable Development Goals target of under 3% by 2030. On several routes, costs still range between 5% and 6%, significantly reducing the amount that ultimately reaches recipient households.

19.03 / 06:35

markets UPS security Research Trade Updates NSE index options turnover surges amid West Asia volatility

₹83,029 crore, up nearly 36% from February’s ₹61,141 crore, which itself was a 16-month high, according to NSE data.“This month could witness highest-ever ADT for NSE, thanks to a surge in volatility because of the rising geopolitical tensions,” said Amit Chandra, vice-president, research, at HDFC Securities.The previous record monthly ADT for NSE was ₹71,690 crore in February 2024. With seven sessions remaining this month, sustained trading amid elevated volatility could push the exchange ADT to a new high and potentially boost market share, said Kruti Shah, quant analyst at Equirus Securities.The spike in turnover is mirrored in the ratio of premium to notional turnover on NSE, HDFC Securities' Chandra said.

19.03 / 04:37

markets War Updates How the Iran war is weakening Donald Trump

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