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'India's fiscal deficit may rise to 4.7% of GDP in FY27 amid West Asia war'
India's fiscal deficit may widen to 4.7 per cent of GDP in FY27 as higher oil prices, subsidy costs and revenue risks from the West Asia conflict weigh on finances, writes Aditi Nayar of ICRA
LPG under-recoveries may hit Rs 80,000 crore in FY2027 amid West Asia disruptions: ICRA
Indian oil companies face significant financial strain. LPG under-recoveries may reach Rs 80,000 crore by FY2027. Supply disruptions and high global prices impact profitability. Fertiliser costs are rising sharply, requiring increased government subsidy. Chemical and gas sectors also see margin pressures. Elevated costs will affect downstream sectors in FY2027.
Stocks to Watch Today: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info, CleanMax, ICRA, Dredging Corporation in focus on 08 April
Stocks to Watch, 8 Apr: Stocks like Ashiana Housing, Infosys, GAIL India, Aurobindo Pharma, Biocon, Swan Defence and Heavy Industries, Prostarm Info Systems, Arvind SmartSpaces, Clean Max Enviro Energy Solutions, Aditya Birla Capital, Dredging Corporation of India, Aditya Birla Real Estate, and ICRA will be in focus on April 8.