(Reuters)
A Sebi circular of 11 April last year proposed an enhanced eligibility criteria for stocks to trade in the futures and options (F&O) segment (Reuters)

Crude rises 40% in 2019: How will it impact markets and macros?

Brent crude oil rose above $75 per barrel for the first time in 2019 on Thursday in the wake of tightening US sanctions on Iran. As Brent crude prices have surged nearly 40% in 2019, it is is expected to impact India’s economic growth and hurt business growth this year. Elevated oil price increases the risks of fiscal slippage, greater inflationary pressures and and lowers the likelihood of an interest rate cut by the RBI. Mint's Nasrin Sultana explains how high crude prices may upset macro economy and corporate earnings.

The ombudsman scheme was earlier operationalized for deposit-accepting NBFCs
The film begins in the immediate aftermath of the Thanos (Josh Brolin) snap, which wiped out half of humanity and a bunch of Avengers.
India’s former Reserve Bank of India (RBI) Governor Raghuram Rajan. (Reuters)
Experts claim that the airport site is ‘a place of ecological and cultural significance’ where scientists ‘found leopards, otters, sambar deers, and the occasional tiger’ (Vinay J/Mint)
Experts claim that the airport site is ‘a place of ecological and cultural significance’ where scientists ‘found leopards, otters, sambar deers, and the occasional tiger’ (Vinay J/Mint)

Goa turbulence throws light on mega projects

Disturbing environmental and operational questions continue to be raised about the Mopa airport project in Goa

Axis Bank’s gross bad loan ratio fell 5.26% in March quarter from the peak of 6.77% a year ago. (Mint)
Nifty has support at 11,550 levels, say analysts (Reuters)
Nifty has support at 11,550 levels, say analysts (Reuters)
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Markets Live: Sensex remains rangebound, Tata Steel surges 6%

  • Hero MotoCorp, YES Bank, HDFC AMC, and HDFC Life Insurance Company will announce earnings today
  • Oil prices have eased after hitting $75 a barrel

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 (Mint)
Volumes for the Chinese brands grew 20% annually mainly due to the growth of Vivo, Realme, and OPPO. (Reuters)
Gold prices, after falling to their lowest level this year of $1,265.90 an ounce, have inched higher above $1,278 per ounce.
Gold prices, after falling to their lowest level this year of $1,265.90 an ounce, have inched higher above $1,278 per ounce.

Gold buying picks up after prices fall to lowest level of this year

  • Earlier this week, gold prices fell to their lowest level this year at $1,265.90 an ounce
  • This fall has helped reinstate some physical demand for gold: Analysts

A file photo of Tata Steel plant in Port Talbot, South Wales. (Reuters)
A file photo of Tata Steel plant in Port Talbot, South Wales. (Reuters)

Two injured in Tata Steel UK plant blast

  • Tata Steel confirmed that the fire had been caused by a train carrying molten metal and that an investigation has been launched into the incident
  • No serious injuries have been reported

Avengers: Endgame marks the culmination of a series of 22 superhero films from the Marvel Cinematic Universe. The series chronicles the war between the Avengers and Thanos, the evil demigod.
Avengers: Endgame marks the culmination of a series of 22 superhero films from the Marvel Cinematic Universe. The series chronicles the war between the Avengers and Thanos, the evil demigod.

‘Avengers: Endgame’ frenzy grips India, tickets sold out

  • BookMyShow reported that it had sold more than 2.5 million tickets of Avengers: Endgame
  • Trade analysts said the film had broken pre-booking records of some of Bollywood’s most-anticipated releases

MNS chief Raj Thackeray has held around 10 public meetings across the state. pti
Saudi Aramco is looking for potential joint ventures and partnerships (Reuters )
Prime Minister Narendra Modi waves towards his supporters during a roadshow in Varanasi on Thursday (Reuters)
Elections 2019
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Kanhaiya Kumar. (Salman Usmani)
Prime Minister Narendra Modi waves towards his supporters during a roadshow in Varanasi on Thursday (Reuters)
The Himo T1's headlight offers up to 18,000cd brightness and is inspired from an element of Himo's logo.
The Himo T1's headlight offers up to 18,000cd brightness and is inspired from an element of Himo's logo.

Xiaomi's new e-bike has 120km range, 31,000 price tag

  • The Xiaomi Himo T1 electric was launched in China on Wednesday
  • It is powered by a 350W brushless permanent magnet motor and is backed by a 14,000mAh (14Ah) li-ion battery with a nominal voltage of 48V

Fake visiting cards, software of Windows PRO 10, diaries having details of various clients and other documents were recovered from the possession of the accused.
Fake visiting cards, software of Windows PRO 10, diaries having details of various clients and other documents were recovered from the possession of the accused.

How impersonators sold pirated Microsoft software to Delhi schools

  • The accused would sending fake letters to various Delhi schools and force them to purchase the software in bulk from him
  • Most of the time, he used to sell pirated software to the schools

PayPal Holdings Inc. will buy roughly $500 million of shares via a private placement at Uber’s IPO price (Reuters)
PayPal Holdings Inc. will buy roughly $500 million of shares via a private placement at Uber’s IPO price (Reuters)

Uber aims for an IPO valuation of as much as $90 billion

  • Uber is taking a conservative approach to its valuation and could later raise the price depending on investor demand
  • Uber could aim to raise about $8 billion to $10 billion in the listing, though the final details of the pricing may still change

Rupee had closed at 71.26 on Thursday
Congress president Rahul Gandhi (PTI)
After the grounding of Jet, government has allotted the vacant slots of Jet Airways to other airlines for the next three months to help tide over the crisis arising out of the huge capacity reduction provided they induct more planes. (AFP )
After the grounding of Jet, government has allotted the vacant slots of Jet Airways to other airlines for the next three months to help tide over the crisis arising out of the huge capacity reduction provided they induct more planes. (AFP )

Jet pilots accuse SpiceJet official of humiliating them at job interview

  • The reaction came after a Spicejet official allegedly told some Jet pilots that they were doing a "charity" by hiring them
  • Over 1,300 pilots are on the street after Jet Airways announced halting of operations

Representative image. Photo: Wikimedia Commons
 (Photo by Abhijit Bhatlekar/Mint)
The latest changes come nearly six months after thousands of Google employees around the world staged walkout protests to demand changes to the way the company handles misconduct. (Reuters)
The latest changes come nearly six months after thousands of Google employees around the world staged walkout protests to demand changes to the way the company handles misconduct. (Reuters)

Google announces more policy changes after employee protests

  • Google staff can now lodge complaints and concerns about harassment and other misconduct at work via a new website
  • By June, the Alphabet Inc. subsidiary will also complete a dedicated site for receiving concerns from temporary workers and vendors

Maruti Suzuki will try to focus on CNG and hybrid technology driven vehicles to compensate the vacuum created by the phasing-out of diesel vehicles.
Triumph India general manager Shoeb Farooq.
Sri Lankan soldiers stand guard St. Anthony's Shrine in Colombo on 25 April 2019 (AFP)
Sri Lankan soldiers stand guard St. Anthony's Shrine in Colombo on 25 April 2019 (AFP)

Sri Lanka suspends visas on arrival program for citizens of 39 countries

  • The visas on arrival pilot programme was part of a larger initiative to increase tourist arrivals to the country
  • Probes have revealed foreign links to the attacks and we don't want this facility to be abused, said tourism minister

The logo of IndiGo Airlines (Reuters )
The logo of IndiGo Airlines (Reuters )

After three years, IndiGo hikes salaries of pilots, cabin crew

  • The pilots and crew will receive an "upward revision" in their pay through individualized salary letters
  • The Gurugram-based airline, which nearly controls half of the market, wiped off nearly three-fourths of its profit in the December quarter

 (Photo: AFP)
The total debt of the ILFS group was pegged at  ₹94,215.6 crore as of October 8. Photo: Mint
The sheer pace of Jio’s growth has been spectacular, considering it began operations barely two- and-a-half years ago (Mint)
The sheer pace of Jio’s growth has been spectacular, considering it began operations barely two- and-a-half years ago (Mint)

Opinion | Reliance Jio’s spectacular rise

According to reports, Jio now has a subscriber count of 306 million (paying and non-paying both), pushing Airtel with its 284 million figure at the end of 2018, could find itself in third spot on overall numbers

Samsung’s 3D Onyx Cinema LED screen ensures that you can see even minor visual details with unprecedented clarity, making it easier to read subtitles even with your 3D glasses unlike the existing movie theatre projection system.
Samsung’s 3D Onyx Cinema LED screen ensures that you can see even minor visual details with unprecedented clarity, making it easier to read subtitles even with your 3D glasses unlike the existing movie theatre projection system.

Samsung expects to sell around 40 LED cinema screens Onyx in India by 2022

  • Samsung is looking at around 20 screens by 2020 and then we would double it around to 40 around 2022
  • Samsung is providing Onyx LED cinema screens in three stock keeping units - in the screen sizes of 5 metre, 10 metre and 14 metre