The price hikes during Covid were more because of supply chain and logistics disruptions caused by the pandemic and the Ukraine war rather than firms increasing prices because of higher pricing power, a report by State Bank of India (SBI) said. "It is thus incorrect to infer that concentration power dictated pricing capacity of firms, thus resulting in unyielding core inflation," the report authored by Soumya Kanti Ghosh, group chief economic adviser, SBI, said. A recent research article by former Reserve Bank of India (RBI) deputy governor Viral Acharya had observed that persistence of core inflation in India is due to purchasing power of top-five corporate houses.
The Communist Party of India on Friday said the Left will move an adjournment motion in the Winter Session of Parliament on the price rise issue as it accused the United Progressive Alliance government of not being able to control double-digit inflation and demanded deregulation of fuel prices.
Air travel will now become a little expensive as the government has decided to increase the lower limit on airfares by five per cent amid rising aviation turbine fuel (ATF) prices, Civil Aviation Minister Hardeep Singh Puri on Friday. The upper limit on airfares will remain as it is for now. Just a month back, the Centre had increased the lower and upper limits on domestic airfares by 10-30 per cent due to rising ATF prices. While announcing resumption of scheduled domestic flights in May last year, the aviation ministry had placed limits on airfares through seven bands classified on the basis of flight duration.
Manufacturers must resolve supply chain issues and accelerate the roll-out of advanced synthetic options for players worldwide.
Despite corporate bond yields hardening by 20-25 basis points, Indian corporates are not warming up to bank funding for their capital expenditure needs as bank lending rates remain elevated due to the higher cost of liabilities, compared to current rates in the debt capital market.
At the stroke of midnight, live dashboards lit up simultaneously across Amazon India's World Trade Centre headquarters and Flipkart's Outer Ring Road office in Bengaluru. In sprawling "war rooms" at both the companies, executives monitored real-time data streams tracking payment speeds, inventory levels, and delivery logistics as millions of shoppers flooded online platforms.
'While the concept was introduced globally over four decades ago, branded residences have taken off now in India.'
'The fiscal situation is extremely vulnerable. It has never been so bad in Kerala's history.'
'While investing in a silver ETF, one should be aware that it has historically exhibited higher price volatility than gold.'
India's stock markets corrected recently but foreign money is likely to chase China rather than India in the short-to-medium term, said Chris Wood, global head of equity strategy at Jefferies, on Thursday. Wood told the Business Standard Manthan Summit in New Delhi he is bullish about Indian equities from a long-term perspective, but for the short term he is cautious given the quantum of foreign investor (FII) outflows and valuation woes.
The price of 10 gm of 24 carat gold on April 22, 2025 hit Rs 1,00,000! On March 17 this year it was Rs 89,830, and in a little over a month it jumped Rs 10,170. Investors and speculators are wondering at what price will it stabilise and thereafter show only incremental growth. Let's look back at the upward journey gold prices have made over 10 years.
Maruti Suzuki India Ltd is not contemplating any price raise, despite a 20-30 per cent surge in raw material prices in recent months.
The model is powered by Oben's in-house LFP (lithium iron phosphate) battery technology, which the company claims offers greater temperature tolerance and lifespan.
'Things may get much worse before they get better,' predicts Ajay Chhibber.
'The supply of feathers has dropped and costs have escalated sharply.'
The Communist Party of India-Marxist took 'extremely strong objection' to the remark of the Prime Minister's Office that parties should eschew temptation of politicising the misery of the people and said the statement on price rise was 'very insulting'. CPM said that as a political party, it is its responsibility to raise the issue of the plight of the people.
Domestic institutional investors (DIIs) poured in Rs 94,829 crore of fresh money into Indian equities in August, the second-highest monthly inflow after record Rs 1.07 trillion influx in October 2024.
Bharatiya Janata Party leader Sushma Swaraj on Tuesday said that the onion price rise issue was a case of "divine justice" as it would lead to the "downfall" of the Congress government which had used an earlier jump in the prices of the vegetable to oust the saffron party from power in Delhi.
Indian corporate are increasingly shifting away from bank funding towards alternative sources, such as equity and bond markets, as their deleveraged balance sheets have improved their ability to raise equity at better valuations. Moreover, the 100 basis points (bps) rate cut by the Reserve Bank of India (RBI) has enabled them to access long-term funds from the debt capital market at cheaper rates.
The trigger for international gold prices rising to $3,000 per ounce was Germany's upcoming heavy government borrowing.
Common people are gasping under the pressure of price rise.
Housing prices increased by up to 11 per cent annually across eight major cities during January-March period of this year due to a rise in demand for residential properties and a sharp hike in rates of construction raw materials, according to a joint report by CREDAI, Colliers and Liases Foras. Delhi-NCR witnessed highest rise in housing prices by 11 per cent to Rs 7,363 per sq ft during January-March 2022 as compared to the year-ago period, as per the first edition of Housing Price-Tracker report by realtors body CREDAI, real estate consultant Colliers and data analytics firm Liases Foras. Hyderabad witnessed 9 per cent increase in housing prices to Rs 9,232 per square feet, while Ahmedabad saw a 8 per cent appreciation to Rs 5,721 per square feet and Kolkata 6 per cent to Rs 6,245 per square feet.
The government said it was doing whatever possible to reduce prices.
Is the increase in the rise of prices of essential goods of daily use affecting your monthly budget? What steps are you taking to soften the blow?
India's manufacturing sector growth strengthened in July to a 16-month high of 59.1, supported by faster increases in new orders and output amid favourable demand conditions, a monthly survey said on Friday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index rose from 58.4 in June to 59.1 in July, signalling the strongest improvement in the health of the sector since March 2024.
Procurement will be done through domestic purchases as well as imports.
HUL managing director Rohit Jawa's total remuneration in FY25 has witnessed an increase of 3.75 per cent to Rs 23.23 crore, according to the latest annual report of the FMCG major. Jawa's annual package included a salary of Rs 3.65 crore, allowances of Rs 11.45 crore, a bonus of Rs 3.78 crore and a perquisite long-term incentives of Rs 2.76 crore.
The government has suddenly agreed to allow a discussion under Rule 193 on price rise after the Left leaders raised the issue claiming that the matter was urgent and could not wait. So the government was quick to respond and now according to the schedule, the price rise discussion would take place first followed by the discussion on 'issues arising out of the prime minister's foreign visits'.
Non-banking financial company (NBFC) Tata Capital is set to launch its much-anticipated $2 billion (Rs 17,200 crore) initial public offering (IPO) in the week beginning September 22, market sources familiar with the matter said on Sunday. The issue is expected to value the company around $11 billion, they added. Tata Capital is likely to make its stock market debut by September 30.
India has put curbs on wheat exports through the government route, starting November last year. This comes amid a surge in domestic prices of the cereal. In December, India exported 391 tonnes of wheat to Bangladesh and Bhutan. In November 2022, it had exported 375 tonnes of wheat only to Bhutan.
Residents of Montmartre in Paris are sounding the alarm over overtourism, fearing their picturesque hilltop neighbourhood could become the next Barcelona or Venice, as tourist numbers spike following last year's Olympic Games.
'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'
Of the Rs 474.4 crore insurance cover, the largest component -- Rs 375 crore -- has been allocated towards personal accident cover for volunteers.
SP chief Mulayam Singh Yadav joined the protest in the Lok Sabha and, along with Left leaders, demanded suspension of the Question Hour to take up a discussion on the issue. The House was adjourned for about 20 minutes and later parliamentary affairs minister P K Bansal said a structured discussion on the price situation would take place on Wednesday.
By 10 am, Rakshit N Jagdale is already deep into the rhythm of the day, which promises to be a carousel of meetings, calls, and strategic decisions. As managing director of Amrut Distilleries, he balances ritual and ambition, tradition and transformation, like many other legacy players in India's alcoholic beverages sector who are staring at a rosy future.
The Left parties, supporting the UPA from outside, have already decided to corner the Congress-led coalition on the issue of inflation at a time when opposition parties including BJP and SP have stepped up their attack. Samajwadi Party has plans to bring an adjournment motion on spiralling prices of essential commodities on the first day itself in the Lok Sabha for the phase II of Budget session. BJP too has threatened an adjournment motion.
The combined market capitalisation of the country's top five IT firms that are part of the BSE Sensex is down 24 per cent since January and their valuation has slipped to lowest levels in the past five years.
Worried about the adverse impact that price rise could cause to Congress' prospects in Lok Sabha polls, Rahul Gandhi unveiled quick fix policy prescriptions for 12 party-ruled states including reform in PDS and giving farmers a wider choice to sell vegetables and fruits.
The US's recent 50 per cent tariff on Indian exports will have a trickledown effect on India's affordable housing, potentially derailing demand as well as supply in this segment, according to experts. Pointing to worker incomes and jobs in micro, small and medium enterprises (MSMEs), and small and medium enterprises (SMEs) that typically make up majority of the customer base of affordable housing, would take a hit in the near terms due to the tariff change, further crippling India's affordable housing sector, already reeling from the impact of the Covid-19 pandemic.
India's top listed real estate developers - DLF, Lodha Group, Prestige Estates, and Oberoi Realty, excluding Godrej Properties - reported strong presales growth in the first quarter (Q1) of 2025-26 (FY26), even as earnings showed a mixed trend. According to Nomura, the top five developers - DLF, Lodha, Prestige, Oberoi, and Godrej - recorded a cumulative 59 per cent year-on-year (Y-o-Y) growth in presales.