Trump ends Iran oil import waiver & what it means for India06:00 PM IST
A day after the United States of America announced its decision to not renew exemptions for five countries to continue importing oil from Iran, Mint's Utpal Bhaskar explains the impact of the move on India. Driven by US' aim to choke Iran's main source of revenue, the move is expected to have a major fallout on the crude oil market. India and 7 other nations had been granted exemptions from US sanctions after the Trump administration decided to pull out of its 2015 deal with Iran. The exemptions are slated to end on May 2, 2019. Watch the full video to know more.
Putting a price to a distressed airline - a valuation decode11:23 AM IST
Its been more than a week since embattled Jet Airways halted all flight operations indefinitely after its lenders rejected its plea for emergency funds, potentially bringing the curtains down on what was once India's largest private airline. Mint's Associate Editor Shrija Agrawal sits down with Varun Gupta, Country Manager, Duff & Phelps and valuations leader for Asia Pacific to decode the question "How do you value a distressed airline"
Sensex falls for third day in a row; SBI, HDFC Bank weigh1 min read . 03:51 PM IST
- Banking stocks led the decline, Nifty Bank index fell 0.70%
- Oil prices continued to rise after US ended all Iran sanction exemptions