The UAE’s reported exit from OPEC+ is sparking concerns about the alliance’s long-term cohesion, though immediate market disruption is limited. Market experts suggest this development could signal deeper structural issues, potentially leading to increased global oil supply and price collapses once geopolitical tensions subside.Read More
India’s IT slowdown, driven by AI-driven automation and shrinking outsourcing demand, is beginning to hit real estate, mortgages, and employment in tech-heavy cities. With firms like Infosys Ltd. and HCL Technologies Ltd. tightening hiring, banks are rethinking underwriting norms as job risks rise.Read More
Units of Citius TransNet Investment Trust listed at a 4.5% premium, debuting at Rs 104.50 against the issue price of Rs 100. The Rs 1,105-crore fresh issue saw strong demand with 10.42x subscription. The InvIT manages 3,400+ lane-km of road assets, offering stable toll and annuity revenue streams.Read More
Hindustan Unilever is set to report its March quarter results. Growth is anticipated from increased sales volumes. The demerger of its ice cream business will impact headline figures. Analysts expect steady revenue growth. Margins will be a key focus, with underlying pressures potentially masked by the business carve-out. Investors await insights on rural demand and input costs.Read More
India is bracing for a major energy cost shock. Soaring crude oil prices are set to impact corporate profits, consumer spending, and government finances. The nation’s import bill for crude and gas is projected to rise significantly. Experts warn that the pain will eventually be felt by consumers and the government. The aviation sector is particularly vulnerable.Read More
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