π¦ Economy / Policy
β’ A US court has ruled against Trumpβs proposed 10% global tariff, potentially giving India added leverage in ongoing trade negotiations ππ
β’ Analysts warn Brent crude could spike above $150/barrel if the West Asia conflict prolongs, posing major inflation and current-account risks for India π’οΈβ οΈ
β’ Earnings data from around 705 Indian companies shows Q4 FY26 revenue growth of 10.6% and net profit growth of 16.3% YoY, indicating resilient corporate profitability π
π’ Companies / Sectors
β’ Under-recoveries for IOC, HPCL and BPCL have reportedly touched βΉ30,000 crore, increasing pressure on oil marketing companies π’οΈπ
β’ Kalyan Jewellers reported Q4 net profit rising over 2x to βΉ409.5 crore, while full-year profit jumped 89% on strong demand ππ
π Global / World
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