margin pressure

Goldman Sachs maintains a neutral stance on ITC, anticipating cigarette tax impacts. Citigroup is bullish on LIC, citing strong operational performance and margin expansion. Jefferies raises its target for Nykaa, impressed by robust growth and improving margins. CLSA sees significant potential in Honasa, with strong revenue and margin growth. Morgan Stanley remains overweight on LG Electronics India, despite margin pressures.

Goldman Sachs maintains a neutral stance on Jubilant Foodworks, citing margin pressures and slow Domino's growth. Nomura is bullish on BPCL, expecting earnings recovery. Morgan Stanley sees PI Industries returning to growth, with strong biologicals margins. Grasim Industries gets an upgrade on improving demand and margin-led growth.

Former England captain Kevin Pietersen sparked debate during IPL 2026 Qualifier 2 after criticising wide-ball referrals in cricket. “Referring wides in cricket needs to stop,” Pietersen posted on X while watching Gujarat Titans vs Rajasthan Royals. His remark divided fans, with some saying reviews slow down T20 games, while others defended technology for ensuring accurate decisions in high-pressure matches.

Fuel prices have risen sharply, adding to household expenses and transportation costs. This surge, driven by global events, is straining supply chains and impacting everyday goods. Oil marketing companies are seeing stock gains. The government faces a balancing act between consumer relief and revenue. The economic outlook remains a focus amidst these challenges.

Gold prices are expected to remain steady this week, influenced by US-Iran talks and upcoming US economic data. Silver, however, may continue to outperform due to geopolitical tensions and high crude oil prices. Investors await signals on the Federal Reserve's next policy move amidst shifting statements from Washington and Tehran.

Gold prices face a mixed outlook this week, influenced by US-Iran peace talks, oil market shifts, and crucial US economic data. Federal Reserve officials' speeches will also guide interest rate expectations, impacting bullion's near-term trajectory. Analysts suggest a sideways to corrective momentum for precious metals, with progress in peace discussions potentially easing safe-haven demand.

IT giants Cognizant and Capgemini are now valued below their annual revenues, signaling investor wariness of mid-teen margins. AI's rise and slowing client spending pressure traditional models. While efforts are underway to adapt, concerns linger about sustained growth and margin improvement amidst these shifts and sector-specific challenges.

India's economic horizon is looking promising, with the Reserve Bank of India forecasting a robust 6.9% GDP growth for the fiscal year 2026-27. Yet, challenges loom as global tensions, particularly in West Asia, and escalating energy costs could disrupt this trajectory. Inflation is predicted to rise slightly to 4.6%, while the RBI targets a steady 4%.

Chennai Super Kings were eliminated from IPL 2026 after suffering their biggest-ever defeat, a crushing 89-run loss to Gujarat Titans. Gujarat Titan's dominant batting and Mohammed Siraj's fiery bowling consolidated their second spot in the IPL 2026 playoffs, while CSK's campaign ended in record disappointment.

In a troubling development for Ranchi's economy, diesel costs have eclipsed Rs 100 per litre, while petrol isn't far behind. This spike has triggered fears of skyrocketing transportation costs and inflation in everyday essentials.

Recent fuel price hikes have ignited debate over oil marketing companies' (OMCs) profits amid the Middle East crisis. Despite a reported Rs 77,821 crore profit for FY26, a closer look reveals thin margins, past losses, and a lag in reflecting current crude price impacts. These profits are crucial for investments and national energy security.

Extended Spell Of Oppressive Heat In Store

Loss on slide, P 9

Your daily essentials, from shampoo to biscuits, are set to become pricier. A global conflict is driving up raw material costs, forcing companies to hike prices by 3-7% and potentially reduce product sizes. Expect further increases in food, beverage, and personal care items as businesses grapple with soaring input expenses.

Rising Raw Material Costs, Freight Volatility And Uncertain Supply Hit Textiles, Chemicals, Pharma And Real Estate Sectors

Trinamool Congress's Falta candidate, Jahangir Khan, announced he would not contest the May 21 repoll, citing the need for Falta's peace and development. This decision came after widespread electoral malpractice led to the repoll. The TMC stated Khan's withdrawal was a personal choice, while the BJP dismissed it as a tactic due to lack of support.

Royal Challengers Bengaluru secured a dominant victory over Gujarat Titans in IPL 2026 Qualifier 1, advancing to the final. Ravichandran Ashwin lauded Virat Kohli's electrifying on-field intensity and praised Krunal Pandya's crucial contribution. RCB's bowlers then stifled GT's chase, ensuring a comfortable win and a shot at defending their title.

Organised Crime Saw Sharp Surge Across State

The West Asia conflict has severely impacted global aviation, causing a 3.4% drop in passenger demand in April due to soaring fuel prices and airspace disruptions. Middle East carriers saw a drastic 46.6% decline. Airlines are reducing flights and increasing fares as a result of these ongoing challenges.

The successive hikes come after an extended period during which retail fuel prices remained unchanged, despite higher global crude prices, shrinking refining margins, and weakness in the rupee significantly increasing import costs.