Has US-Iran deal erased Middle East pain for India inc?

Global market jitters over Middle East tensions have eased following a US-Iran ceasefire, improving the outlook for Indian corporate profitability.

Crisil Ratings now anticipates a smaller 100-basis-point decline in operating margins for fiscal 2027, down from a previous 200-basis-point estimate.

While most sectors are expected to see minimal disruption, some like airlines and specialty chemicals remain under pressure due to persistent input cost challenges. ...