Page 8 - Commodity Prices

FM Sitharaman discusses impact of rising commodity prices with IMF chief

Finance Minister Nirmala Sitharaman on Friday held a virtual meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva and discussed various issues, including the impact of rising commodity prices on world economy. They also had a discussion on the 16th General Review of Quotas scheduled to be completed by 2023 and the need to ensure that under-representation of emerging markets and developing economies is addressed. "FM Smt. @nsitharaman & Ms. @KGeorgieva, both expressed concern at diminishing focus & global supply of #Covid19 vaccines. FM highlighted India's achievement in successfully administering 1.79 bn doses while at the same time supplying 162.9 mn doses to countries in need," the finance ministry said in a series of tweets. They spoke about the issue of global supply chains being affected, commodity prices rising and the possible effects on the world economy, it added. "FM Smt. @nsitharaman and Ms. @KGeorgieva suggested that the key ...

We see inflation averaging 5.4% in FY23: Crisil Chief Economist D K Joshi

In a Q&A, he says the Ukraine war-led spike in commodity prices will impact household inflation, and that the capex thrust by the Centre and states may take a slight hit

Surge in commodity prices may push CAD to 2.8% of GDP in Q3: Report

The report said although the Omicron-led Covid wave has subsided, the geopolitical risks to the global recovery have increased due to the Russia-Ukraine conflict

Managing the rupee

An orderly adjustment would be healthy

China's February factory-gate prices rise at slowest annual pace since June

China's producer prices in February rose at slowest annual pace since June, official data showed on Wednesday, amid skyrocketing commodity prices, uncertain global economy and domestic Covid outbreak

How Indian trade is filling the void left by Russia-Ukraine?

Amid Russia-Ukraine crisis and sanctions on Russia, demand for Indian wheat and other commodities has risen. As these sanctions are unlikely to be lifted anytime soon, find out its impact on India

Commodities up as Russia's nuke alert, West's sanctions spur supply worries

Oil, grains rise; aluminium at record high, nickel up on Russian supply worries, fears of food inflation as wheat, corn, edible oil prices rally

Russia-Ukraine Conflict: Will commodity price rally sustain this week?

Commodity prices shot up after sanctions imposed on Russia. Crude oil surpassed $100 a barrel, aluminium prices touched lifetime highs. Gold prices also went up. Will this rally continue this week?

TMS Ep117: Ukraine crisis, commodity price, Sanjiv Bajaj, Vande Bharat

How will the Ukraine crisis affect Asian economies? Will commodity price rally sustain this week? What is Sanjiv Bajaj's plan to digitise his business? What is Vande Bharat mission? All answers here

Ukraine crisis: Commodity prices to impact FY23 fertiliser subsidy targets

The Reserve Bank of India projects the retail inflation rate to average 4.5 per cent in FY23

Russia-Ukraine crisis: Consumer durables firms in wait-and-watch mode

Freight costs had only recently started to stabilise, which were on the rise during the pandemic.

Rising oil can burn Rs 1-trillion hole in govt coffers in FY23: SBI report

Based on the existing value-added tax (VAT) structure and taking Brent crude price of $100 - $110 per barrel, SBI believes diesel and petrol prices should have been higher by Rs 9-14 each by now

Result season: Higher commodity prices dent corporate India's Q3 margins

According to the report, the ongoing results season is behaving largely on expected lines as far as topline growth is concerned

Global fuel, commodity prices may soften going forward: NITI's Rajiv Kumar

Stating that the Union Budget does not stoke any inflationary pressure, NITI Aayog Vice Chairman Rajiv Kumar said the rise in international fuel and commodity prices may not continue going forward

Costlier oil and subsidy fall likely to hit consumption in FY23

A cut in subsidy in FY23 comes on the back of an equally sharp cut in FY22

Pressure easing at auto, consumer appliance firms as input costs cool down

Manufacturers, however, remain watchful of inflationary trend, even as their prices hikes begin to outpace incremental costs

High commodity prices may have dented Q3 profitability of capital goods cos

In terms of order inflows, the sector is expected to have witnessed weakness in the period under review

Prices of white goods rise third time in 2021 amid surging commodity costs

Of late, prices of metals, such as copper, steel, and aluminium, and crude oil have come off by up to 15 per cent from their October peaks

Indices to remain range-bound in 2022 as earnings catch up: Ajay Garg

With the pandemic risk still lurking around the fringes, global growth is yet to attain a structural foothold, Garg said

Rise in Vedanta stock may be temporary unless commodity prices rebound

Promoter's stake buy positive, but prices of aluminium, copper, steel, natural gas, crude oil, etc are all down in the past month