GCC corporates set for steady 2026 as capex offsets oil price pressure – Fitch

Fitch Ratings says sustained government-led investment in infrastructure and energy will support earnings, despite lower oil price assumptions and tighter fiscal headroom The post GCC corporates set for steady 2026 as capex offsets oil price pressure – Fitch appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More. Source […]

Reliance’s Q3 profit rises 0.5% as weak O2C revenue offsets gains in Jio, Retail| Business News

Net profit of Reliance Industries Ltd. barely grew in the fiscal third quarter as weak oil & gas revenue offset gains in the telecom and retail businesses. Reliance Indusries Chairman Mukesh Ambani. (PTI) Net profit of India’s largest company by market capitalisation rose 0.56% YoY to ₹18,645 crore on revenue that increased 10.51% YoY to […]

Nifty 50 at one-year high, Sensex tops 84,000 as Reliance offsets Infosys, Wipro declines| Business News

The NSE Nifty 50 reversed losses to trade at a one-year high today, as gains in Reliance Industries Ltd. ahead of its quarterly results offset losses in Infosys and Wipro share prices. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) The NSE Nifty 50 rose as much as 0.42% to 25,693.3 points—the […]