Jun Ma, chief economist at Deutsche Bank tells CNBC-TV 18 that China's export is actually increasing and not declining as people suggest. Check out his comments!
FMCG firm Marico today hinted at a price hike on its flagship brand 'Parachute' hair oil to offset the rising pressure on the margins and warned of further fall in margins in the next few quarters.
Hindustan Unilever has had a tough time on the margin front in recent years -- first due to a price war with multinational rival Procter & Gamble in early 2010, and then hit by spiralling raw material prices. Its margins have dipped for seven straight quarters (year-on-year), especially due to cost pressures in soaps and detergents.
Subir Bose, managing director of Berger Paints India, speaking exclusively to CNBC-TV18 says that with the ongoing raw material price pressure, “the industry is most likely to bring a series of price increases.”