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 QSRs are adapting by rationalizing menus and increasing reliance on electric equipment. The overall impact on the food business is currently modest, with quick commerce valuations also a point of concern.
From 29,300 to 24,900: Nomura slashes Nifty target, says another 5% correction possible! Here’s why
Nomura has cut its Nifty target by 15% to 24,900, warning of a further 5% downside amid geopolitical tensions, rising oil prices and weakening flows.
March 17, 2026