🏦 Economy / Policy
• Manufacturing PMI rose to 54.7 in April, though input cost pressures hit a 44-month high, signalling margin risks 📊
• Iran conflict has entered its ninth week, keeping the Strait of Hormuz effectively closed; Brent near $108 raises imported inflation risks for India 🛢️⚠️
🏢 Companies / Sectors
• Online food delivery accounts for just ~11% of total food services, indicating a large untapped growth opportunity 📦📈
• Auto demand upcycle is expected to continue for the next 2–3 quarters, with strong growth visibility through CY26 🚗📊
• AC manufacturers may raise prices amid rising input costs, even as demand shifts to lower-priced segments ❄️📈
🌍 Global / World
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