Price Hike

Mercedes-Benz India on Friday said it will hike vehicle prices by up to 2 per cent from January in order to offset the impact of weakening rupee value against the Euro. The price correction, capped at 2 per cent, reflects sustained forex pressures that have characterised the luxury automotive landscape throughout 2025, the luxury car market leader said in a statement. "Currency headwinds have persisted longer than we anticipated this year, with the Euro consistently trading over the Rs 100 mark. This prolonged volatility affects every aspect of our operations, from imported components for local production to completely built units," Mercedes-Benz India MD and CEO Santosh Iyer said. The currency environment has created substantial cost pressures across the supply chain, affecting both imported components for local assembly, as well as import of CBU (completely built vehicles), the Pune-based automaker said. Despite the company's aggressive localisation strategy, which continues to .

Courier services provider Blue Dart Express on Monday said it will increase the prices of its shipments between 9-12 per cent from January 1, 2026. To support new customers and encourage business growth, those signing up between October 1 and December 31, will not be impacted by the upcoming General Price Increase (GPI), it said. This pricing adjustment is essential to maintaining speed, reliability, and customer-centric solutions, while addressing the impacts of inflationary pressures, escalating airline costs, and the complexities of global supply chains, the company said. The average shipment price is set to increase in the range of 9-12 per cent, depending on product variabilities and the customer's shipping profile, Blue Dart Express said in a statement. In line with its annual practice, Blue Dart undertakes a comprehensive review of its pricing structure to ensure continued service excellence while fostering sustainable ecosystem collaboration, it said. "The General Price .

Mercedes Benz India plans to hike prices by 1-1.5 per cent from September to mitigate the impact of a weak rupee against the euro, according to its MD and CEO Santosh Iyer. The luxury car market leader has already hiked vehicle prices twice this year, first in January and then in July. "There is another price hike coming up in September, because of the euro. If you see, the last one month has remained at the 100 mark (INR), and that has not changed. Therefore, we will have to undertake an increase as well in September," Iyer told PTI in an interaction. The price hike is expected to be in the range of 1-1.5 per cent, he added. When asked if the increase in prices could impact sales, Iyer stated that the reduction in interest rates is somehow balancing the monthly outgo for buyers in equated monthly instalments (EMIs). Around 80 per cent of the company's new car sales are financed, he noted. "So, when you look at the EMIs, we have tried to keep the same, though the price of the car

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In his notice, Vijay Kumar said that the continuous rise in the prices of essential goods, especially milk, vegetables, cooking oils, and other daily-use items is affecting millions of citizens

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Sugar industry body ISMA has demanded that the minimum selling price (MSP) of the sweetener should be increased to Rs 39.14 per kg from the current Rs 31 per kg as millers are facing losses due to high production cost. In a statement on Tuesday, the Indian Sugar and Bio-Energy Manufacturers Association (ISMA) called for an increase in the Minimum Sale Price (MSP) of sugar, which has remained unchanged at Rs 31 per kg since February 2019. During this period, it said the Fair and Remunerative Price (FRP) of sugarcane has increased five times, with the FRP now standing at Rs 340 per quintal for the 202425 sugar season. Under the Sugar Price (Control) Order of 2018, MSP determination should account for FRP levels, but the current MSP fails to reflect these rising costs. "As sugar contributes over 85 per cent of the industry's revenue, ISMA stresses that the ex-mill price of sugar must be sufficient to cover cane purchase costs and support financial viability," it said. Present ex-mill

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Those who couldn't buy fresh vegetables would smash open an onion, sprinkle salt and eat it with a roti. But even those days are gone with the humble onion just too expensive, says vegetable vendor Imad Khan, recalling the staple image of the poor in India. About 10 km from the Sahibabad Sabzi Mandi in Ghaziabad where Khan sets up shop, homemaker Poonam Singh in Delhi's Mayur Vihar has not put tomatoes in any dish for almost a month, taking away an essential ingredient from her cooking. Khan and Singh may be at different points on the socio-economic spectrum but sit on the same side of a graph that has put everyday vegetables out of the reach of many in Delhi-NCR. While restaurateurs and home catering businesses are looking at how to absorb the extra costs and wondering whether they should hike their rates, home cooks are going for alternatives or just doing without. How can one make almost anything without onions, tomatoes or potatoes? Not that other vegetables are any cheaper, b

Onion, tomato, and potato prices these days continue to rise across wholesale and retail markets. Recently, a Gurgaon resident took to X to express his shock on the Dhaniya price on Zepto

After Delhi, CNG price in Mumbai has been hiked by Rs 1.50 per kg and the rate of cooking gas piped to houses by Re 1 due to rise in input costs. Mahanagar Gas Ltd, which retails CNG to automobiles and piped natural gas to households for cooking purposes in Mumbai and surrounding cities, said the increased prices will come into effect from the intervening night of July 8 and 9. "To meet the increasing volume of CNG and domestic piped natural gas (PNG) segments and due to further shortfall in domestic gas allocation, MGL is sourcing additional market priced natural gas (imported LNG) which has resulted in higher gas cost," the firm said in a statement. To "partially offset the increase in gas cost", MGL has increased the delivered price of CNG by Rs 1.50 per kg and domestic PNG by Re 1 per standard cubic meter in and around Mumbai. Accordingly, the revised delivered prices inclusive of all taxes of CNG will be Rs 75 per kg and domestic PNG price will be Rs 48 per scm in and around .

There are still ways for customers to avoid the full impact of the tariff increases