RBI may hike benchmark lending rates by 25 bps in April policy: DBS Research DBS Group Research Executive Director & Senior Economist Radhika Rao said the RBI may hike interest rates by 25 basis… March 13, 2023 16:56 IST
Profitability of polyester yarn manufacturers to improve by 100 bps next fiscal despite 3-5% drop in prices According to a CRISIL report, this will be driven by reduced imports from China, lower raw material prices, increased price… March 3, 2023 15:45 IST
Cement demand to grow stronger next fiscal; govt’s infra push, rural housing, road building to help Cement demand will grow at 7- 9 per cent to ~425 million tonne (MT) in fiscal 2024. The demand already… February 22, 2023 16:24 IST
Data Drive: Tightened purse strings Volume growth for fast-moving consumer goods in rural areas continues to contract while urban volumes have been steady. February 20, 2023 03:15 IST
Nestle India to continue focus on growth in rural areas amid concerns on rising commodity prices: CMD Nestle India CMD said that the company is on a path to accelerated growth in rural areas and is increasing… February 17, 2023 14:22 IST
Nestle to hike food prices further in 2023, CEO says The increases will not be as steep as they were in 2022, but “we have some catching up to do… February 6, 2023 11:19 IST
Amul milk gets costlier by Rs 2 per litre, Gujarat exempted Amul, on Friday increased the prices of its milk brands by Rs 2 per litre for all markets except Gujarat. February 3, 2023 10:35 IST
Soaring rice price shows food inflation still stalking the world Costlier rice now will be unwelcome news for billions of people from China to India and Vietnam. The United Nations… January 27, 2023 15:29 IST
Wheat prices may come down by Rs 5-6/kg: Flour millers on govt move to sell wheat in open market While wheat will be sold to bulk consumers like flour millers through e-auction, the FCI will offer wheat at Rs… January 27, 2023 11:15 IST
Unilever’s dominance in India helps it raise prices, pinching rural poor HUL last week reported a 16 per cent rise in sales to 149.86 billion rupees ($1.84 billion) in the quarter… January 24, 2023 18:34 IST
Wheat prices hit fresh record high following delay in stock release by government Record-high wheat prices despite the export ban indicate a far bigger drop in last year’s output, traders say. According to… January 24, 2023 12:47 IST
India Q3 financial results: Which industry sectors will lead revenue growth? Auto, IT, construction in focus Revenue of sectors like automobile, IT services and construction-linked companies would likely show on-year growth, according to a report by… January 19, 2023 13:55 IST
Around 58% builders expect housing prices to go up in 2023 amid volatile input costs, economic uncertainties “An overwhelming 58 per cent of the developers feel that housing prices are likely to rise in 2023 amidst volatile… January 16, 2023 17:34 IST
High wheat crop yield this season might help India ease export curbs Wheat output may climb almost 5 per cent from a year earlier to 112 million tons in the year to… January 12, 2023 16:04 IST
Energy efficiency norms to make fans, refrigerators costlier by up to 20%; firms start shipping new stocks Per the revised BEE norms, there will be tightening of energy efficiency further “to meet global standards and efficiencies in… January 10, 2023 15:29 IST
Consumer durable cos to drive double-digit growth in 2023, backed by demand for premium & feature-led products Consumer durable and electronics brands are expecting most growth to come from tier-II and beyond towns with consumers looking at… December 30, 2022 15:17 IST
Besides challenges in FMCG and changing trends, the sector is growing at a fast pace The emergence of e-commerce portals is allowing people living in sub-urban and rural areas to access a wide range of… November 25, 2022 12:20 IST
Mother Dairy hikes milk prices in Delhi-NCR; full-cream milk dearer by Re 1/litre, token milk by Rs 2/litre Mother Dairy has increased the prices of full-cream milk by Re 1 to Rs 64 per litre, a company spokesperson… November 20, 2022 16:47 IST
Dairy industry likely to achieve 12-14% revenue growth in FY23 Indian dairy companies are estimated to achieve revenue growth of 12-14 per cent in FY23 on a year-on-year basis, backed… November 4, 2022 12:12 IST
Unilever boosts sales goal as it hikes prices more than ever Higher prices pushed the Anglo-Dutch group’s comparable sales up 10.6 per cent to €15.8 billion ($15.9 billion) in the third… October 27, 2022 14:02 IST
After Heineken’s warning of softening demand, Budweiser Maker says beer demand remains resilient The maker of Budweiser and Stella Artois reported adjusted Ebitda growth of 6.5 per cent in the three months ending… October 27, 2022 12:53 IST
Housing sales in top 7 cities to exceed 3.6 lakh units in 2022 after previous peak of 3.43 lakh units in 2014 In terms of region, MMR and NCR retained their top positions in the first nine months of 2022 with approximately… October 26, 2022 17:14 IST
