The reopening of the Strait of Hormuz and easing crude prices could significantly reduce the impact of West Asia tensions on India Inc, with Crisil now estimating a 100-basis-point hit to profitability, half its earlier stress-case projection.
The reopening of the Strait of Hormuz and easing crude prices could significantly reduce the impact of West Asia tensions on India Inc, with Crisil now estimating a 100-basis-point hit to profitability, half its earlier stress-case projection.