India Inc hikes prices, shrinks packs as Iran war squeezes margins
Indian companies are raising prices and reducing package sizes as the Iran war squeezes profit margins.
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India's current account deficit held steady in FY26 as services exports and remittances offset Iran war disruptions, Bloomberg reports.
India's current account deficit remained flat in the fiscal year ending March 2026, as strong services receipts and higher remittances offset disruptions from the Iran war, according to Bloomberg.
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US Steel plans up to $2.5 bln investment in Mon Valley Works, sources say.
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US airlines fuel costs surged 78% in April to nearly $6.5 billion, DOT reports.
US airlines' fuel costs rose 78% in April to nearly $6.5 billion, according to the US Department of Transportation.
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