Compared with the cost of gasoline, which surged 48% from March 2021 to March of this year, prices of tech products like smartphones, computers and apps are only inching upward — 1.3% in the same period, according to the U.S. Bureau of Labor Statistics.
If you are planning to buy a car this year, get ready to shell out a few extra bucks. Small cars, SUVs, sedans, almost everything will now cost more.
Talking about the hike in coal prices, Ashish Guha, managing director of Heidelberg Cement says that the company sees a rise of about 30% in the raw material prices for cement due to the hike in coal prices. “A and B grade coals have gone up by almost 150%, while the C,D,E,F grade coals have grown up by 30%,” he says.