5069: US waiver on Russian oil to India brings short-term relief, Aditya Birla Group eyes stake in Rajasthan Royals | MC Editor's Picks

US ‘waiver’ on Russian oil to India may have brought short-term relief but Chinese competition and Gulf exposure could limit the gains. In pharmaceuticals, exporters could face a Rs 5,000 crore hit as freight costs and insurance premiums climb. Sebi has introduced a voluntary debit freeze facility for mutual fund folios. This and more in the day’s edition of Moneycontrol Editor’s Picks.