Brent crude oil prices have surged past $100 a barrel. This spike follows Iranian attacks on commercial shipping. Global financial markets are reacting to supply concerns. The International Energy Agency and the U.S. are releasing oil reserves. Inflation worries are increasing. This situation could lead to stagflation.
BofA cuts India’s Nifty 50 earnings forecast as stagflation fears rise
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of