📌 West Asia Crisis May Hit India Inc Margins
Crisil warned that geopolitical tensions and rising energy costs could dent corporate margins by up to 200 basis points in FY27.
📌 India Turns To Latin America, Africa For Crude Oil
India is diversifying crude imports amid continued uncertainty and supply risks in West Asia.
📌 India’s Power Transmission Sector Eyes ₹9 Trillion Upgrade
Massive investments are expected as the country accelerates renewable energy integration and grid expansion.
📌 Oil Companies Continue Losing ₹600 Crore Daily
State-run oil firms remain under severe pressure despite multiple fuel price hikes in recent months.
📌 EV Insurance Purchases Jump 670%
Demand for electric vehicle insurance surged sharply, led by growing adoption in smaller cities and towns.
📌 FM Warns Fuel Duty Cut Could Hurt Revenues
The Finance Minister said reducing petrol and diesel excise duty may impact government revenues by nearly ₹1 lakh crore.
📌 India’s Wheat Procurement Crosses 34 Million Tonnes
Higher procurement levels have significantly strengthened the country’s foodgrain buffer stocks.
📌 Private Banks Likely To Outpace PSU Banks
A report projected stronger earnings growth for private lenders compared to public sector banks over the next two years.
