Godrej Consumer Products expects inflation to moderate only in the second half of the year much like most other FMCG companies.
Westlife Development, the master franchisee of McDonald’s in the South and West of India, had taken a 2 percent hike in October last year.
A rationalisation of taxes in a host of manufactured products can bring down prices quickly, and also help shift the terms of trade favouring farmers who have been paying a higher price for goods that they buy than the price they get for goods that they produce
With prices rising steadily, consumers and small business owners will face the heat as consumption is scaled down, impacting growth
Other factors hammering stocks include continued selling by foreign institutional investors, inflation and downgrades
To protect a portfolio from inflation, he suggested commodity producers with a high dividend yield.
The MPC, in a surprise move on May 4, had hiked the repo rate by 40 basis points to 4.40 percent and increased the cash reserve ratio by 50 basis points amid concerns over high inflation.
The tricky part: Policymakers get it wrong and let inflation jump out of control by keeping rates too low, or trigger a brutal recession by increasing too much
The wholesale price-based inflation soared to a record high of 15.08 per cent in April mainly on account of spiralling prices of food, fuel and other commodities.
While calling for a re-assessment of the threshold inflation rate, an article co-authored by the RBI deputy governor did not indicate whether this new estimate could be higher or lower than 6 percent.
In its Global Macro Update to Growth Forecasts, S&P said inflation remaining higher for long is a worry, which requires central banks to raise rates more than what is currently priced in, risking a harder landing, including a larger hit to output and employment.
Expensive food and fuel have burnt a deep hole in the pockets of consumers; the poor have been particularly badly hit
The Fed's increases in its benchmark short-term rate typically lead, in turn, to higher borrowing costs for consumers and businesses, including for mortgages, auto loans and credit cards. The economy usually slows as a result.
The company also on Tuesday cut its full-year earnings forecast, sending shares down more than 8% in morning trading.
Mumbai, May 17 The ban on wheat exports is only "marginally positive" for the domestic inflation outlook, a British brokerage said on Tuesday. ..
New CII President Sanjiv Bajaj spoke to Moneycontrol at length about the trade body's 10-point growth agenda.
In order to achieve a higher growth path on a sustainable basis, private investment needs to be encouraged through higher capital expenditure by the government, the RBI said.
The question of whether monetary tightening will set back the recovery or not will have to be evaluated empirically based on the evolution of the economy, CEA Nageswaran has said
The rise in wholesale inflation in April beyond the 15 percent-mark comes after data released on May 12 showed the more closely-tracked headline retail inflation rate jumped to 7.79 percent last month – the highest since May 2014.
The White House quickly retorted Monday that Bezos opposes an economic agenda for the middle class. And then Bezos fired back, arguing that the Biden administration would have made inflation worse if its $3.5 trillion economic and social spending bill, known as Build Back Better, had made it into law.
The economists said they did a study of the Russian invasion's impact on inflation, which revealed that 59 per cent of the jump in prices is due to geopolitical events.
Hours ago, Jeff Bezos had criticised US President Joe Biden over his remark on controlling inflation in the country by taxing "the wealthiest corporations".
India's headline retail inflation came in at a near-eight-year high in April and the numbers at the state level reveal some worrying trends
Companies such as Dabur India, HUL and Asian Paints have indicated that consumers are buying cheaper and smaller packs across product categories as inflation quickens
In two of the last four instances of correction in the Nifty, inflation was on a downtrend. On the other hand, inflation was also on a downtrend in two of the last three instances of upswings in the Nifty