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India Diversifies LPG Imports During West Asia Conflict As OMCs Absorb Price Shock
Crisil said the conflict also triggered a sharp increase in global LPG prices. The Saudi Aramco Contract Price, the benchmark for Indian imports, rose 46 per cent between February and June as markets priced in supply risks and elevated freight costs.
Explained: Why Netweb Technologies shares surged 15% today
Netweb Tech counts global technology leaders such as Nvidia, Samsung, AMD and Intel among its key partners, relationships that Crisil said provide access to technology roadmaps well ahead of market launches.
Alcobev margins to drop 150–200 bps as glass bottle shortage drives up costs: Crisil
India's alcoholic beverage industry is grappling with profit pressures this financial year. The skyrocketing costs of glass bottles, attributed to global supply chain disruptions, are set to impact earnings significantly. The pace of revenue growth is also anticipated to decelerate. Nevertheless, companies are adopting careful financial strategies to navigate these turbulent waters.