The sharp depreciation of the rupee against the US dollar over the last four weeks has neutralised the impact of recent import duty cuts aimed at lowering prices of commodities like edible oil, metallurgical coke and newsprint.
The Supreme Court on Wednesday refused to grant any interim relief to the Kerala government, which had challenged the Kerala high court's decision to lift a ban imposed on sale of Pepsi and Coke in the state.
Industry experts insist that rising steel prices are triggered by rising input cost like scrap, iron ore and coking coal. The current international pricing scenario demands a prices increase domestically. The rising raw material costs and other available inputs as well as limited capex resources have driven the steel prices. The government has been taking steps to control prices by increasing the export duties on some commodities and even banning exports on some.
The economy can't grow without increasing electrification, which requires more power plants, and given coal is the cheapest form of fuel and is abundant, it makes sense that India is looking to boost the use of the fuel.
Neo Sports on a sticky wicket as big players stay away.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Steel, cement, aluminum, fertilisers, tractors, two-wheelers, beverages and carbonated drinks, tyres and FMCG could see demand back to near normal levels by the third or the fourth quarter of the financial year, or even earlier.
When you say, Make in India, it means, Indians will work for you, but we should create our own brands and create a market for them internationally. Only then, money will come back to India.
The ban on sale of Coke and Pepsi by several state governments, including Gujarat, in schools and colleges, has created apprehension ahead of the Champions Trophy.
Union Budget 2014-15 is positive for metals and mining companies.
Faced with rising input costs and increasing competition, Steel Authority of India Ltd has embarked on a Rs 400 crore (Rs 4 billion) cost-reduction exercise in the current fiscal in areas of raw material usage, energy and refractory consumption.
Have committed themselves to investing Rs 1,85,000 crore since last year.
Venkatesh Kini, business unit president, Coca-Cola India and South West, shares his plans with Arnab Dutta.
Take the Rediff Biz Quiz and find out how much you know about India and its cola companies.
Secularism as a principle and practice in India is in "danger", but "forces of hatred" cannot alter the country's secular character, senior Congress leader Shashi Tharoor said during an interview on his new book 'The Battle of Belonging'. In the book, Tharoor makes a stinging critique of the Hindutva doctrine, asserting that it is a political doctrine, not a religious one.
Experts question Nestle's silence over Maggi controversy.
Following price hike of Rs 500 per tonne by Steel Authority of India Ltd, other private producers on Monday announced hike in prices of hot rolled coils by the same amount.
'An entrepreneur should always remain under pressure or he will die,' Vineet Rai tells Anjuli Bhargava.
The band was launched last month to mark Rahman's 48th birthday
Large chains like the Marriott and Taj that are estimated to consume two million plastic bottles a year have taken a conscious decision to first eliminate PET bottles on their premises and then reduce the use of single-use plastic altogether, saying they are all for a sustainably environment-friendly tomorrow.
Britannia Industries, the bakery and dairy major, has tied up with e-tailer Amazon India for a pilot launch of Good Day Chunkies, a new chocolate chip cookie, for 15 days. The offer is currently on and closes on December 5, after which the product goes to offline (normal retail) stores.
The new push is being driven primarily by over 170,000 villages where household income is over Rs 1 lakh a year.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
