Page 7 - Commodity Prices

High commodity prices continue to weigh on trade deficit: Acuite

The expectation of the expansion of the current account deficit is not just driven by elevated global commodity prices, but is also linked to the unlocking of the economy reviving pent-up demand and improved vaccination cover aiding an organic recovery in the economy, ratings and research firm Acuite Ratings & Research said in a report.

GDP slowdown in Q4 due to impact of Covid, high commodity prices: Experts

The GDP expanded by 4.1 per cent in the final quarter of the 2021-22 fiscal year, according to data released by the National Statistical Office.

Monetary policy will be calibrated to rein in inflation: RBI annual report

Surplus to government fell due to large transfer to Contingency Fund

A softer approach on commodities this time even as shortages loom globally

Unlike in the past, the Centre isn't restricting movement within the economy, but has only imposed export curbs. Consequently, there is no rush to use the Essential Commodities Act

India's economic growth may have slowed to 3.5% in Q4 of FY22: Icra Ratings

The agency said the hiccups in the recovery of the contact-intensive services attributable to the third wave of Covid-19 in the country may have also affected the economic growth in the quarter

WEF 2022: Why are global food commodity prices near an all-time high?

Higher global food prices are part of a wider trend of cost-of-living increases already at work in both advanced and emerging economies.

From soaps to biscuits, price hikes by FMCG firms may not dim the pain

According to data by Bizom, mid-single-digits to double-digit price rises are being seen in all essential foods because of the increase in input, logistics, and packaging costs

Inflation-brace for aftershocks

Goods producers have passed on more input cost increases than services producers

Fears of global slowdown hit global equities, EU stocks, commodity prices

Asian markets had suffered their worst day in over a month overnight on fears that Beijing was about to go back into a Covid-19 lockdown

A good amount of selling may be over: MIB Securities India CEO Jigar Shah

Jigar Shah, CEO, MIB Securities India, tells Puneet Wadhwa that retail money inflows into markets would decline with the start of the interest-rate expansion.

Economy to feel pinch of higher commodity prices: CEA V Anantha Nageswaran

'Employment generation is both a near-term and long-term priority', said Nageswaran

WPI inflation hits 4-month high in March as crude, commodity prices spike

As per the government data released on Monday, WPI inflation has remained in double digits for the 12th consecutive month beginning April 2021

Ukraine war to result in 1.3% lower GDP growth for India, says WB official

He said that even the fact that India is able to buy some cheap oil from Russia at the moment, the big picture is still that they are being hurt by the high commodity prices in the market

TMC leaders hold protest against price hike in Parliament complex

TMC MPs on Thursday held a protest in front of the Gandhi statue in Parliament complex against rising prices of essential commodities and fuel.

Mamata pans Centre for hike in commodity prices, demands all-party meet

West Bengal CM Banerjee flayed the BJP-led central government for "skyrocketing" prices of commodities, and urged it to call an all-party meeting to find solutions to ongoing economic problems.

Small-caps steal a march over Sensex, Nifty; index zooms 35% in FY22

Most analysts expect the markets to remain choppy in FY23 amid multiple headwinds. The ongoing geopolitical crisis, they feel, will keep commodity prices elevated and market gains in check

Return from well-managed portfolios may be 15-20%, at best: P Kacholia

The domestic market being in a cyclical bull run, the more prudent thing would be to buy on dips, said MD Kacholia

Inflationary woes over commodity prices to maintain pressure on rupee

Inflationary concerns over elevated commodity prices are expected to maintain pressure on the Indian rupee during the upcoming week

India's retail price inflation likely to remain over 6% till April

This is owing to elevated oil and commodity prices

Dollar dips after two days of gains as commodity prices ease

The dollar index fell 0.112%, with the euro up 0.18% to $1.1016