Developing
Business·6/26/2026AI summary
Crisil Ratings Lowers India Inc. Profitability Impact Forecast Amid Easing Middle East Tensions
Crisil Ratings revised its profitability impact forecast for corporate India, now expecting a 100-basis-point decline in operating margins by fiscal 2027, down from an earlier 200 bps. This improvement follows a US-Iran ceasefire and the reopening of the Strait of Hormuz, easing energy prices, though geopolitical risks persist.
T
Times of India3 min read