Richard Redoglia suggests Trump is using India as leverage in negotiations with Russia, particularly concerning the war in Ukraine. Despite potential geopolitical risks and fluctuating oil prices, India’s pragmatic approach to energy imports remains steady. Redoglia believes market reactions, including the dollar’s value, are secondary to Trump’s broader pursuit of global peace and trade.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO