πΉ Economy & Policy
- Government formed 7 empowered groups to manage the West Asia crisis, focusing on energy, fuel prices, fertilisers, and vulnerable sections πΉ
Aims to contain inflation risks and ensure supply stability. - All-party meeting scheduled on March 26 to assess the IranβUS conflict impact on oil security and the broader economy π
Policy coordination expected amid rising geopolitical risks. - Private sector growth slowed to a 3-year low, as demand weakened due to global uncertainties and conflict-led disruptions π¦
π¦ Companies & Sectors
- Cheap Chinese imports are hurting domestic uPVC manufacturers, impacting margins and competitiveness π°
Industry bodies seek policy support to curb dumping. - LPG shortages are affecting households and consumer durables demand, creating near-term pressure on discretionary consumption π
- Proposal to merge RVNL and Ircon is gaining traction to create a stronger railway infrastructure player π
Could improve execution scale and order book efficiency.
π Global & World
- Crude oil prices fell ~5%, with WTI slipping below $88, as U.S. diplomatic efforts to ease Iran tensions offset military escalation π
- Global markets remain sensitive to West Asia developments, with energy prices driving sentiment across asset classes πΉ
