Escalating geopolitical tensions in the Middle East are casting a long shadow over Indian companies’ bottom lines. According to Kotak Institutional Equities, if the Israel-Iran standoff extends beyond a few …
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Input Costs Rise
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Escalating oil prices triggered by Israel-Iran hostilities are set to dent profits for Indian companies, with input costs surging across industries. Kotak Institutional Equities’ latest report flags this as a …
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In a promising sign for India’s economy, the HSBC India Services Purchasing Managers’ Index (PMI) rose to 58.5 in January, the highest in two months and an improvement over December’s …