Manufacturing sentiment in India improved noticeably in the second quarter of FY27, reflecting increased expectations for production and demand. About 95 percent of manufacturers reported stable or higher production levels compared to the previous quarter. Capacity utilization also rose, reaching approximately 75 percent, highlighting effective operational efficiency. Hiring intentions increased,…
Goldman Sachs says tight refinery capacity could keep diesel prices elevated through 2027, with high margins needed to curb demand and rebuild inventories.
