New Delhi [India], January 30: Following the robust recovery observed in the real estate sector in 2023, the industry, while still contending with challenges like elevated input costs and increasing interest rates, is eagerly awaiting the upcoming budget presentation by Finance Minister Nirm
Cars manufactured by Hyundai Motor India will cost more starting January 2024. The automaker announced on Thursday that the price increase was needed owing to rising input costs, an adverse exchange rate, and an increase in commodity prices, amongst other reasons.
Nationalist Congress Party leader Supriya Sule on Tuesday accused the BJP-led Central government of being anti-farmer and said that the farmers are suffering due to the increased input costs.
The Reserve Bank of India, in its monthly bulletin on Tuesday, noted that consumer price inflation (or retail inflation) in India remained high while core inflation defied to reflect the softening of various input costs.
At 59.4 in February, the seasonally adjusted S&P Global India Services PMI Business Activity Index was at its highest level in 12 years and indicated a sharp expansion in output. It was 57.2 in January. Where growth was reported, survey participants mentioned favourable demand conditions
In a virtual briefing on the GDP numbers, CEA said, "We maintain as we have mentioned in the economic survey, the growth forecasts are 6.5 per cent for 2023-24. If you look at where we are, in terms of the advanced estimates, manufacturing on the face of it appears to have slowed down in rea
Delhi-NCR [India], January 30 (ANI/NewsVoir): After the strong recovery the real estate made in 2022, the sector, still grappling with issues such as high input costs and rising interest rates, now pins its hopes on the forthcoming budget to be presented by the finance minister, Smt. Nirmala
The company said it has been absorbing a significant portion of the increased costs, but the steep rise in overall input costs has compelled it to pass on some proportion through this minimal price hike.
The company said the reasons for the price hike are to partially offset the impact of constant increases in input costs largely driven by pricier commodities, fluctuations in foreign exchange rates, inflation and also due to regulatory obligations.
This is the fourth upward revision in prices of milk, an essential food item, in 2022. The earlier revisions were done in March, August, and October this year.
Operating profit or earnings before interest, taxes, depreciation, and amortisation (Ebitda) declined 8 per cent from last year to Rs 480.6 crore. The fall in operating profit is due to spiralling expenses, which increased 21 per cent from last year while finance costs increased 29 per cent
New Delhi [India], October 15 (ANI): Mother Dairy hiked prices of full cream milk and cow milk by Rs 2 per litre across the Delhi-NCR citing rising input prices, officials informed on Saturday.