Shivagrico Implements reports standalone net profit of Rs 0.06 crore in the June 2026 quarter

Oil marketing companies are set to dominate Q1 earnings but for the wrong reasons, with HPCL, BPCL and IOCL expected to post massive losses as elevated crude prices crushed fuel marketing margins. The sharp earnings hit is likely to overshadow profit growth in financials, telecom and metals, dragging overall India Inc. earnings.

Ministry of external affairs rejected criticism of its foreign funding law. The ministry stated that legislative matters are internal decisions for Parliament. Several countries, including the United States, also regulate foreign financing. A US Congressman criticized proposed amendments to India’s Foreign Contribution Regulation Act. He warned these changes could affect India-US bilateral relations.

‘Paper agreement will not bring security’: Iranian lawmaker attacks Saudi defence pact