State-owned fuel retailers experienced significant profit surge in Q1 FY26, with a combined net profit of Rs 16,184 crore, driven by robust petrol and diesel marketing margins. BPCL led with a net profit of Rs 6,124 crore and a GRM of $4.88 per barrel. These gains offset inventory losses and unresolved LPG subsidy burdens. Post navigation India-China ties: China agrees in principle to reopen Shipki-La route; Himachal sees boost for trade, tourism CII reform roadmap: Industry body pitches GST, trade and labour changes; push seen critical for ‘Viksit Bharat’ vision
