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FY27 Off to a Rocky Start for OMCs as Higher Crude Prices, LPG Under-Recoveries Bite
FY27 Off to a Rocky Start for OMCs as Higher Crude Prices, LPG Under-Recoveries Bite Rising crude oil prices and LPG under-recoveries create challenges for IOC, BPCL, and HPCL at the start of FY27.
Finance
Tax Cuts May Bring FIIs Back, But Unlikely To Be The Market’s Magic Bullet
🇮🇳 Experts Say Foreign Investor Return Depends on Multiple Economic Factors Recent discussions around possible tax reforms have sparked optimism in the Indian stock market, with many investors hoping that tax cuts could encourage Foreign Institutional Investors (FIIs) to return in larger numbers. However, market experts believe tax reductions alone are unlikely to become a “magic bullet” for sustaining a major market rally.
Finance
Sensex, Nifty crash over inflation concern on poor rain forecast
The S&P BSE Sensex plunged 1,092.06 points, or 1.44%, to close at 74,775.74, while the NSE Nifty50 dropped 359.40 points, or 1.50%, to settle at 23,547.75.
Finance
IndiGo Q4 Results: Airline Swings Into Red, Reports ₹2,536 Crore Net Loss
India's largest airline, IndiGo, reported a net loss of ₹2,536 crore in Q4 FY26, reversing from a profit of ₹3,067 crore a year ago. Revenue remained largely stable despite operational and market challenges. News Article
Finance
