India’s Volatility Index surged over 10% on Thursday due to escalating India-Pakistan military conflict concerns, triggering a late sell-off in equities. The Sensex and Nifty both experienced declines, with the Nifty falling 140 points and the Sensex dropping 412 points. Heightened uncertainty among traders led to profit-taking, as the VIX jumped nearly 40% since April 15.
QSR chains stay resilient amid LPG shortage: Karan Taurani
India’s food service industry faces temporary LPG supply constraints. Smaller restaurants are feeling the pinch, while major quick-service restaurant chains are largely unaffected. Experts suggest