5 get life term for adulterating liquor with urea during Covid

Gandhar Oil Refinery hit the 20% upper circuit after reporting a 689% year-on-year jump in Q1 net profit, triggering a rally in peers Savita Oil and Panama Petrochem. Strong demand across PHPO, PIO and lubricants, along with expanding exports and higher-margin products, boosted investor sentiment.

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George Soros observed that market prices influence economic fundamentals. Rising prices attract buyers and encourage business expansion, which alters underlying conditions. This self-reinforcing loop creates boom periods where optimism fuels further price increases. Conversely, falling prices reduce confidence and tighten credit, accelerating downturns. Understanding this interactive system is crucial for navigating financial market dynamics.