The prices of auto fuels were revised for the first time in over four months earlier this week. Polyethylene (PE), polypropylene (PP), and poly(ethylene terephthalate) (PET) – have not seen the steep rally witnessed in feedstock naphtha pr

India’s GDP growth was very strong in the last quarter of the calendar year 2021 (Q4CY21). On a seasonally adjusted basis, the GDP rose by 6.1% QoQ. Indian GDP is more than 6% above its pre-pandemic level, though it is still well below its implied

The US economy disregarded the impact of the rise in Omicron cases around the turn of the year. Consumer spending indicators recovered quickly after a slight correction in December 2021 and non-farm payrolls expanded by an average of 580,000 in Janua

The post-Covid recovery is being hit by potentially huge global supply-chain constraints that will reduce growth and push up inflation. The Russia-Ukraine war and economic sanctions on Russia have put global energy supplies at risk. Russia supplies a

UPI’s remarkable success on payments has put the limelight on progress being made on the next two frontiers: (1) Account Aggregator (AA) which is the data-sharing layer (2) open credit enablement network (‘OCEN’) which is the cr

With the ongoing challenges by the increase in raw material prices and supply-chain disruptions which are leading to the higher cost of production, there are possibilities for the pharma companies to increase the prices in the domestic market, with h

Since the introduction of the Emergency Credit Line Guarantee Scheme (ECLGS) which incentivizes MLIs to provide additional credit to MSMEs to meet their operational liabilities and restart the smooth functioning of their businesses, 11.5 million MSME

Thermax Ltd has won a $150-mn order for its Sulphur Recovery Unit (SRU) at the Numaligarh Refinery. The entry into SRU enables it to bid for a high single-digit share of refinery CAPEX versus mid-single digit levels until now. Thermax would likely

With increasing uncertainties and new downward pressure, China is facing significant risks and challenges both nationally and globally. The 5.5% growth target for 2022 is the lowest official target for the economy in decades. The economy sharply decl

In the last 3 years, Cipla's US generics business has grown faster than its peers on a lower base of 10% CAGR, and on the domestic front, Cipla has seen ~16% CAGR growth mainly led by COVID portfolio FY21 & FY22. However, the US generic busine

Conflicting to the market expectations, Oil Marketing Companies (OMCs) have not raised retail prices of petrol, diesel, and LPG after the 5 state elections, despite double-digit negative petrol and diesel margins. The OMCs are waiting for crude volat

Wipro observed that the demand for IT services remains strong aided by transformation projects and cloud adoption. For clients with IT services vendors that are affected by the Ukraine-Russia war, Wipro is becoming an additional vendor for the client