With the West Asia conflict continuing, and media reports suggesting that QatarEnergy would need about four weeks to restart normal delivery, Gail’s Q4FY26 profit may erode significantly. Source
The closure of the Strait of Hormuz could potentially increase global inflation by about 1–2 percentage points and reduce global GDP by roughly 0.5–1.0 percentage points, believes wealth advisory firm, ASK Private Wealth in its Newsletter. In the equity markets, this scenario is not entirely negative, highlighted ASK Private Wealth. Non-Gulf oil producers (like ExxonMobil,…
Reliance Industries Stock Price: Reliance Industries (RIL) shares have fallen by 13 percent so far this year. There has been pressure on the stock especially after increasing tension in the Middle East. Brokerage house JM Financial believes that this fall in the stock has been excessive, the price is almost near the bear case valuation,…
