5168: Oil shock, inflation fears & corporate uncertainty: Why India Inc is feeling the heat | MC Editor’s Picks
India’s economy is entering a difficult phase as rising crude oil prices begin affecting fuel costs, inflation, businesses and consumer spending. Petrol and diesel prices have increased for the first time in four years, while sectors ranging from textiles and metals to automobiles and aviation are preparing for fresh pressure. Big companies like Flipkart and Samsung are also changing strategies amid global uncertainty. At the same time, concerns over inflation, a weakening rupee and slowing growth are forcing policymakers and businesses to rethink priorities. This story looks at how the…
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