Business

Investors Get Selective About Valuations, May Affect Cos In Line For Listing This Year

Before the conflict, the Strait of Hormuz handled nearly 40% of India’s crude oil imports, around 60% of its LNG imports and approximately 90% of its LPG supplies, underlining the country’s heavy dependence on the strategic waterway.

Global stock markets declined and oil prices surged on Wednesday. US President Donald Trump cast doubt on the temporary Iran conflict truce. This raised fears that renewed fighting could disrupt global energy supplies. Wall Street opened lower after Trump suggested the ceasefire was effectively over. Investors are concerned that renewed hostilities could disrupt shipping through

The trade deal has the potential to boost competitiveness and accelerate India’s journey towards becoming a developed nation, Surjit Bhalla said. However, he warned that prolonged delays in concluding such an agreement would ultimately work to China’s advantage.

As India relies on imports to meet more than 80% of its silver requirement, the sharp decline in overseas purchases could weigh on international silver prices while helping reduce the country’s trade deficit and easing pressure on the rupee.