India’s fertiliser subsidy bill could surge past a record ₹3 lakh crore this fiscal if the West Asia crisis continues, sharply exceeding the budget estimate of ₹1.71 lakh crore, a government official said.
The Federal Reserve is unlikely to alter interest rates soon, as inflation moderates and the economy remains stable, according to Steve Englander of Standard Chartered.
KPIT Technologies shares tumbled nearly 17% after issuing a weaker-than-expected outlook for FY27. European automakers, facing profitability pressures from Chinese competition, are delaying project approvals
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