A Moody’s report warns that India and other Asia-Pacific economies face rising credit stress due to the ongoing Gulf conflict. Higher energy prices and supply disruptions, particularly for fuel, food, and industrial inputs, will impact import-dependent nations. Producers heavily reliant on Middle Eastern oil and naphtha are most exposed.
Accel-backed Rentomojo files for India IPO
Online furniture rental platform Rentomojo has filed for an initial public offering in Mumbai, according to a draft prospectus dated Friday.