🏦 Economy / Policy
• Services PMI fell to a 14-month low in March, reflecting demand slowdown amid West Asia-related disruptions 📊
• Finance Minister Sitharaman flagged the current year as more challenging due to the evolving West Asia crisis and its economic impact 💹
• Moody’s cut India’s FY27 GDP growth forecast to 6% from 6.8%, citing fuel, food inflation risks and LPG supply disruptions 📉
• India has resumed crude imports from Iran after seven years to diversify energy sourcing amid supply disruptions 🛢️📈
🏢 Companies / Sectors
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🌍 Global / World
• US President Trump has threatened strikes on Iranian infrastructure if the Strait of Hormuz is not reopened, keeping global markets on edge ⚠️🌍