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.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader