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Govt’s fuel duty cut seen as timely cushion; markets may have passed peak panic: Deven Choksey

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Govt’s fuel duty cut seen as timely cushion; markets may have passed peak panic: Deven Choksey
In a volatile global environment marked by elevated crude prices and geopolitical uncertainty, the Indian government’s decision to cut excise duties on fuel is being viewed by market participants as a proactive step to contain inflation and support demand. Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd believes the move reflects timely intervention, much like the policy responses seen during the COVID-19 crisis.

Responding to ET Now on whether it is premature to start factoring in earnings downgrades for Indian companies, Choksey suggested that the government’s actions could help soften the blow from global headwinds.

“I guess government should be complimented for acting in time. I guess they did so during the covid times, they are doing this activity of cutting down the excise on fuel at a time when entire world is desperate on other side. By way of cutting down the excise duties, they are ensuring few things. The consumer prices are not increasing, the fuel-related activities, as a result of which the inflationary pressure would remain under control. Though one may argue that on a fiscal deficit side it may have an impact of 35 to 40 bps from what it projected at 4.3, it could possibly go up to 4.7 if the full-year accounts are to be taken into account,” he said.

But suppose if this is a temporary measure, good credit should go to government that in advance time they are taking care of inflationary pressure, making sure that the corporates do not end up losing money and at the same time the consumer demand continues to remain buoyant. So, overall I believe that it is a welcome move, consumer benefits, OMCs benefits,” he added.

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Relief for Consumers, Cushion for OMCs

A key question, however, is whether the benefits of the excise duty cut will be directly felt by consumers or primarily serve as a buffer for oil marketing companies (OMCs).
Choksey clarified that the impact is already indirectly benefiting consumers by preventing further price hikes.
“Yes, the point is important that if they are not increasing the price, that means effectively they have passed it on to the consumer. Otherwise, the OMCs have no choice but to increase the prices in the rising crude oil scenario. Now with this excise duty cut coming in their favour, they have a cushion of Rs 10 per litre on petrol and on diesel. They do not pass it on to the consumer and that is the benefit that the consumer gets eventually,” he explained.
Balancing Domestic Needs and Global Opportunities
The government has also raised export duties on petroleum products such as ATF, diesel, and petrol—a move that could potentially impact private refiners. However, Choksey views this as part of a broader balancing strategy.

“Even if it is increase in export duty, the price is still at parity level or slightly at the discounted level compared to the overall global prices. So, government is playing a balancing act according to me. On one side, when the global consumer is willing to pay the price, they are charging the price. On the other side, the domestic consumer should be protected, they are reducing the price. It is a perfect balancing act. Good credit goes to government for this again,” he noted.

Market Outlook: Panic Phase Likely Over
On the broader equity market outlook, Choksey indicated that the worst of the fear-driven selling may be behind us, with markets now awaiting positive triggers—particularly on the geopolitical front.

“The market has possibly completed the panic portion. I believe the fear factor is probably going out at this point of time. Entire market, including the global markets, is waiting for positive news to come on the war. Should it happen, then you will be seeing the upside which is unprecedented. So, in my viewpoint, instead of keeping the fear at the back of mind, I think that things are looking relatively more positive on prospects of war-related situation bringing up some positive news,” he said.

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A Tactical Policy Move with Broader Implications
While concerns around fiscal slippage remain, the government’s decision appears to be aimed at preserving macroeconomic stability in the near term. By cushioning fuel prices, policymakers are attempting to protect both consumption and corporate margins—two critical pillars for sustaining economic growth.

For investors, the message seems clear: while global risks persist, domestic policy support and easing panic could provide a constructive backdrop for markets in the months ahead.

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Choosing the Right Morpheus8 Skin Tightening Surgeon in Sydney

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Choosing the Right Morpheus8 Skin Tightening Surgeon in Sydney

Morpheus8 has become one of the most advanced non-surgical skin tightening treatments, combining microneedling with radiofrequency energy to deeply stimulate collagen and remodel skin structure. It is widely used for skin laxity, fine lines, acne scars, and overall facial rejuvenation. However, because it works at deeper layers of the skin, choosing the right cosmetic surgeon is critical for safe and effective results.

Clinics like Norwest Cosmetic Surgery emphasize medically guided treatment planning, ensuring that Morpheus8 is tailored carefully to each patient’s skin condition and aesthetic goals.

Understanding How Morpheus8 Works

Morpheus8 delivers controlled radiofrequency energy through ultra-fine microneedles into the deeper layers of the skin. This triggers the body’s natural healing response, stimulating collagen and elastin production. Over time, this leads to firmer, smoother, and more youthful-looking skin.

It is commonly used to treat:

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  • Skin laxity on the face and neck
  • Fine lines and wrinkles
  • Acne scarring and texture irregularities
  • Jawline and lower face contouring

Because it targets subdermal layers, precision is essential to avoid over-treatment or uneven results.

Why Choosing the Right Surgeon Matters

Although Morpheus8 is non-surgical, it is still a medical-grade procedure. Poor technique or incorrect settings can lead to buccal fat:

  • Uneven skin texture
  • Burns or irritation
  • Excess fat loss in delicate facial areas
  • Suboptimal or short-lived results

A skilled cosmetic surgeon understands how to adjust needle depth, energy levels, and treatment zones based on individual facial anatomy. This ensures balanced tightening without compromising natural facial structure.

1. Medical Expertise and Clinical Supervision

The first step is ensuring your treatment is performed or supervised by a qualified medical professional. Morpheus8 should never be treated as a basic beauty treatment—it requires clinical understanding of skin layers and tissue response.

At Norwest Cosmetic Surgery, treatments are performed under professional medical supervision to ensure patient safety and optimal outcomes.

2. Experience with Skin Tightening Procedures

Experience plays a major role in achieving good results. A surgeon or clinic familiar with Morpheus8 will understand how to:

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  • Treat different skin types safely
  • Adjust depth for facial vs body areas
  • Avoid over-aggressive settings
  • Build long-term collagen improvement plans

Clinics with consistent Morpheus8 experience are more likely to deliver natural-looking tightening over time.

3. Personalized Consultation Is Essential

A proper consultation is one of the most important parts of the process. During this stage, the surgeon should evaluate:

  • Skin elasticity and thickness
  • Degree of laxity or aging
  • Facial symmetry and structure
  • Suitability for Morpheus8 treatment

Not every patient is an ideal candidate. A responsible clinic will sometimes recommend alternative or combined treatments if needed.

4. Importance of a Customized Treatment Plan

Morpheus8 is not a one-size-fits-all procedure. The best results come from personalized settings, including:

  • Needle depth adjustments
  • Controlled RF energy levels
  • Targeted treatment zones

At Norwest Cosmetic Surgery, each plan is designed based on the patient’s individual needs, ensuring natural tightening without over-correction.

5. Safety, Downtime, and Realistic Expectations

Morpheus8 typically involves minimal downtime, with mild redness or swelling lasting a few days. Results develop gradually over several weeks as collagen rebuilds.

However, it is important to have realistic expectations:

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  • Results are gradual, not instant
  • Multiple sessions may be needed
  • Improvements are subtle but long-lasting

A skilled surgeon will clearly explain these expectations before treatment begins.

Final Thoughts

Choosing the right Morpheus8 skin tightening surgeon in Sydney is essential for achieving safe, natural, and long-lasting results. The treatment itself is powerful, but its success depends entirely on the expertise of the practitioner.

By selecting a trusted clinic like Norwest Cosmetic Surgery facetite, patients benefit from medically guided care, advanced technology, and personalized treatment planning—ensuring the best possible skin rejuvenation outcomes.

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Evercore ISI reiterates Amphenol stock rating on AI strength

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Evercore ISI reiterates Amphenol stock rating on AI strength

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Australia to Help in Strait of Hormuz Peacekeeping Operation If a Deal Is Reached

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Strait of Hormuz Traffic Near Standstill Despite US-Iran Ceasefire: Only
Strait of Hormuz Traffic Near Standstill Despite US-Iran Ceasefire: Only

Australia will be part of operations to keep the Strait of Hormuz open and safe if and when a deal is reached.

It has not been made clear, however, exactly what kind of help Australia plans to provide or what is being asked of the country amid the ongoing war.

Australia to Help With Strait of Hormuz

According to a report by 9News, Defence Minister Richard Marles confirmed that Australia is working with international partners. However, he did not say what kind of help will be asked of Australia.

“Look, there has not been a specific request for any Australian capability,” Marles said. “Obviously, we will help.”

“The Strait of Hormuz matters to Australia,” he emphasized. “It matters that it’s open, and it matters that we see the global fuel supply chain return to normal.”

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The peacekeeping mission will comprise of 49 countries led by France and the United Kingdom, 9News notes. The report likewise points out that China is part of this mission, but the United States is not.

Details will be discussed later this week in London.

Albanese Downplays Australia’s Involvement

Prime Minister Anthony Albanese previously downplayed Australia’s involvement in the peacekeeping mission targeted to keep the Strait of Hormuz open.

“We spoke about the full range of support that could be required, now that could be diplomatic measures,” Albanese said Saturday, according to Sky News.

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“We will continue to be a constructive contributor to that debate… Australia is a long way away as well from the Strait compared to European nations,” he added. “It’s fair to say we’ll give considerations to requests where they are made.”

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Thailand’s Omnibus Law Plan Streamlining Regulation and Cutting Business Costs

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Thailand’s Omnibus Law Plan Streamlining Regulation and Cutting Business Costs

Thailand plans a legal reform with a “super license” to unify approvals, simplifying regulations, reducing costs, and streamlining foreign investment and licensing processes.

Thailand’s Legal Reform Initiative

Thailand is embarking on a significant legal overhaul to streamline regulation management across government agencies. This reform introduces a “super license” system, which consolidates multiple approvals into a single, streamlined process. The government aims to implement a pilot within 180 days, with the complete law expected to take about a year, allowing reforms to be introduced gradually.

Impact on Business Compliance

The omnibus law addresses overlapping statutes that require businesses to meet similar regulations across various ministries. This redundancy increases compliance costs, which reform aims to reduce by creating a more efficient approval process. By simplifying requirements, the reforms will help businesses cut down on administrative overhead and foster more straightforward compliance.

Enhancing Investment and Operational Flexibility

The “super license” replaces sequential approvals with a unified decision-making process, eliminating delays caused by multiple agency dependencies. This approach is especially crucial for foreign investors, as it reduces the need for complex corporate structures required under current licensing regimes and foreign ownership restrictions. Ultimately, the reforms will enable easier entry, increased legal clarity, and greater operational flexibility in Thailand.

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Japan households’ inflation expectations roughly steady, BOJ survey shows

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Japan households’ inflation expectations roughly steady, BOJ survey shows


Japan households’ inflation expectations roughly steady, BOJ survey shows

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PCMM: Turning Bearish On This Private Credit CLO Fund

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PCMM: Turning Bearish On This Private Credit CLO Fund

PCMM: Turning Bearish On This Private Credit CLO Fund

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Rat poison found in baby food prompts recall and warning

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Rat poison found in baby food prompts recall and warning

Austrian police announced Saturday that a commercially sold baby food product was found to be laced with rat poison. 

Authorities said the tampered HiPP-brand item may have been sold in Austria, with similar products also circulating in neighboring countries, including Germany, the Czech Republic and Slovakia.

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“With the assistance of the Federal Criminal Police Office, a sample of the seized product was examined on Saturday afternoon and tested positive for rat poison,” the Burgenland State Criminal Police Office said. 

Officials described the substances as “potentially life-threatening” and urged all shoppers to inspect their pantries for similar affected products. 

BABY FORMULA RECALLED AS INFANT BOTULISM OUTBREAK GROWS

baby food stacked on grocery shelf

Hipp Organic baby food sits on a shelf in a Camberwell, south London, food resource center.  (Aaron Chown/PA Images via Getty Images / Getty Images)

The company said that jars sold at major retail partner Spar in Austria are being recalled out of precaution, and emphasized that the issue is linked to a “criminal act” and not a quality control problem. 

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“This recall is not due to a product or quality defect on our part. The jars left our HiPP factory in perfect condition. The recall is linked to a criminal act being investigated by the authorities,” the company said.

“As part of ongoing criminal investigations, isolated cases of tampered HiPP baby food jars have been seized – as previously reported in Austria, now also in the Czech Republic and Slovakia.”

HiPP Holdings, a German-Swiss company known for its organic, preservative-free baby food, primarily sells its products in European retail stores. However, consumers in the U.S. and other international markets can also obtain them through specialized online importers.

Ticker Security Last Change Change %
HIPO HIPPO HOLDINGS 28.89 +0.99 +3.55%

Police said the suspected baby food jar, a carrot and potato variety, was first alerted by a customer who ultimately did not feed it to their baby.

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The suspicious item was identified by a white sticker featuring a red circle on the bottom of the glass container and reportedly gave off a spoiled odor after being opened, according to the Austrian Agency for Health and Food Safety.

Those who bought the item were urged to check their products for suspicious markings and signs of tampering, including damaged or already-opened lids, missing safety seals, or containers that fail to produce a clicking sound when first opened.

Customers who suspect they may have purchased the affected product are urged not to consume it under any circumstances or feed it to a child. Officials advised setting the item away from other food, ideally while wearing gloves, and washing hands thoroughly before handling anything else.

CINNAMON POWDER RECALLED ACROSS 14 STATES OVER POTENTIAL ‘ELEVATED LEVELS OF LEAD’

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HiPP added that refunds may be issued at their retail partners — Spar, Eurospar, Interspar and Maximarkt — even without a receipt.

Authorities said rat poisons contain various active ingredients, including bromadiolone, which inhibits the effects of vitamin K, a key component in blood clotting. 

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a hipp baby food jar containing tomato-based puree

A HiPP baby food jar containing a red-colored purée with a label featuring noodles, tomatoes, ham and vegetables. (Schöning/ullstein bild via Getty Images / Getty Images)

Possible consequences include bleeding from the gums, nosebleeds, bruising and blood in the stool. Symptoms may appear with a delay of two to five days after ingestion.

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Officials said consumers who experience extreme weakness or paleness should seek medical attention immediately. With appropriate treatment, particularly the administration of vitamin K, the poisoning is considered treatable.

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Cyclone and Middle East war dent Qube’s profit

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Cyclone and Middle East war dent Qube’s profit

A week-long impact at port hubs in the Pilbara due to cyclone Narelle has cost Qube upwards of $5 million.

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Groupe Dynamite Inc. (GRGD:CA) Q4 2025 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

URL CHangeGroupe Dynamite Inc. (GRGD:CA) Q4 2025 Earnings Call April 1, 2026 10:30 AM EDT

Company Participants

Alex Limosani
Andrew Lutfy – Chair of the Board & CEO
Stacie Beaver – President & COO
Jean-Philippe Lachance – Chief Financial Officer

Conference Call Participants

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Irene Nattel – RBC Capital Markets, Research Division
Stephen MacLeod – BMO Capital Markets Equity Research
Martin Landry – Stifel Nicolaus Canada Inc., Research Division
Mauricio Serna Vega – UBS Investment Bank, Research Division
Brian Morrison – TD Cowen, Research Division
Vishal Shreedhar – National Bank Financial, Inc., Research Division
Michael Glen – Raymond James Ltd., Research Division
Christopher Li – Desjardins Securities Inc., Research Division
Adrienne Yih-Tennant – Barclays Bank PLC, Research Division
Mark Petrie – CIBC Capital Markets, Research Division
Luke Hannan – Canaccord Genuity Corp., Research Division
Jonathan Keypour – Goldman Sachs Group, Inc., Research Division
John Zamparo – Scotiabank Global Banking and Markets, Research Division

Presentation

Operator

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Good morning, ladies and gentlemen, and welcome to the Groupe Dynamite Fourth Quarter and Fiscal 2025 Results Conference Call. [Operator Instructions] The conference is being recorded. [Operator Instructions] And I would like to turn the conference over to Alex Limosani, Manager, Investor Relations and Corporate Finance at Groupe Dynamite. Please go ahead.

Alex Limosani

Thank you, and good morning, everyone. Joining me on the call are Andrew Lutfy, Chief Executive Officer and Chair of the Board; Stacie Beaver, President and Chief Operating Officer; and JP Lachance, Chief Financial Officer.

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This morning, Groupe Dynamite released its financial results for the 13- and 52-week periods ended January 31, 2026. The press release and related disclosure documents are available in the Investors section of our corporate website at groupedynamite.com and on SEDAR+.

We will begin the call with short remarks by management, followed by a question-and-answer period with financial analysts only. A replay of this webcast will be available shortly after the conclusion

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Developer CB Homes hails housing approval as ‘landmark achievement’ for business

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Tarporley project includes private sale homes and affordable housing

The housing scheme from CB Homes will see 44 properties built on the edge of Tarporley.

The housing scheme from CB Homes will see 44 properties built on the edge of Tarporley(Image: CB Homes)

Plans for dozens of new homes in Tarporley have been rubber-stamped, with bosses at the firm behind the scheme hailing it a ‘landmark achievement’ for the company.

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Cheshire West and Chester Council planners have signed off on an outline application for a development on land off Eaton Lane in the village.

It is the brainchild of Tarporley-based CB Homes and includes a mix of properties for private sale and affordable housing.

According to the plans there will be 30 homes for the private market with a mix of two to five-bedroom homes, including bungalows, apartments, semi-detached and detached properties.

Affordable housing makes up the rest, comprising 14 homes with a mix of apartments and family properties to meet what the developer called ‘local housing needs’.

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CB Homes owner Nathan Booth said the approval was the largest in the firm’s 45-year-history, calling it a ‘landmark achievement’.

He said: “It reflects the dedication, commitment and motivation of our team.

“This milestone aligns strongly with our long-term business strategy and we are excited about the future.”

The application said green spaces were ‘integral’ to the design masterplan.

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It added: “The layout prioritises sustainable and accessible living, featuring pedestrian routes and cycleways connecting to the village centre, promoting active travel.”

The 5.4-acre site is split across two adjoining parcels of land to the west of Eaton Lane and backs onto existing residential neighbourhoods, including a Taylor Wimpey housing estate.

The application said the scheme was designed to act as a natural completion to that part of the village.

It said: “By preserving landscape features like existing trees, hedgerows, and pond into the design, the development not only respects the site’s natural character but also uses these features to create attractive, green spaces that benefit residents, local wildlife and the wider community.”

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Several objections were made over the plans, with other comments submitted in support.

To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal.

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