Price Hike

Private bus services may increase rates by 30% due to diesel price hike

Private bus operators here on Tuesday said they may have to increase their prices by around 30 per cent due to the diesel price hike. The diesel price is hovering around Rs 100 per litre and the difficulties in getting diesel have forced bus owners to ply fewer buses, said Pushkar Luley, joint secretary of the Bus Owners and Travel Agents Welfare Association. Around 125 buses ply between Chhatrapati Sambhajinagar and various other cities in Maharashtra and neighboring states, he said. Diesel prices have surged by nearly Rs 7.50 per litre in May amid the West Asia conflict. "We require average 300 litres of diesel per day per bus. Though our dealers are fixed, we now need to check availability of stock. The buses have not stopped plying completely, but we sometimes have to accommodate passengers in other buses if there are empty seats," said Luley. "Ticket prices have not increased yet, but looking at the situation, we will have to raise the prices by at least 30 percent," he ...

China's DeepSeek makes permanent 75% cut in V4-Pro AI model prices

DeepSeek did not disclose ​whether the permanent price cut was due to increased ​supply of Huawei's Ascend 950 chips, which it used to maximize V4's performance

Maruti Suzuki India to increase prices by up to ₹30,000 from June 2026

Maruti Suzuki India will raise prices across its portfolio from June 2026, citing sustained increase in input costs and inflationary pressures

Maruti Suzuki to hike prices across models by up to ₹30,000 from June

In a regulatory filing, the company said the price revision would come into effect from June 2026, adding that the exact increase would differ across models

No relief in memory prices visible over next 12-18 months: IESA president

Consumers are likely to witness high memory prices, as no significant capacity addition is in the pipeline over the next 12-18 months, a top official of industry body IESA said on Wednesday. India Electronics and Semiconductor Association President Ashok Chandak, on the sidelines of Bharat Digital Infrastructure Association event, told reporters that setting up a memory plant will take time to get established. "Memory makers can not set up a plant in a few days. We are not seeing any significant capacity coming up in the next one and a half years. There will be a price rise due to high demand, and consumers will need to bear the burden," Chandak said. The price of devices, especially smartphones, has gone up by 20-30 per cent in the last six months. The entire memory capacity of memory chip maker Micron in India has been booked due to high demand. Chandak said the ongoing crisis in West Asia is impacting the entire economy, and there is some impact on electronics also. "The criti

Govt says ₹3 fuel hike trims OMC losses to ₹750 cr/day, but relief limited

Experts warn elevated crude prices, weak rupee and persistent under-recoveries could force tougher policy choices if the West Asia crisis drags on

Fuel price hike cuts OMC losses by 25%; daily loss drops to ₹750 cr

A Rs 3-per-litre increase in petrol and diesel prices has helped state-run oil marketing companies trim daily losses by nearly a quarter, reducing overall losses to around Rs 750 crore per day from Rs 1,000 crore, a senior oil ministry official said Monday. However, elevated global crude prices and a weak rupee continue to keep pump rates below cost-recovery levels. At a news briefing, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said a bailout package, in the form of a government subsidy to make up for losses state-owned oil companies are incurring on selling petrol, diesel and cooking gas LPG below cost, is "still not on the table". International oil prices rose sharply after the US-Israeli war against Iran triggered the largest-ever oil supply disruption. To keep the domestic market insulated, the state-owned oil companies continued to sell fuel at two-year-old rates till May 15, when prices of petrol and diesel were raised by Rs 3 per litre. The

'Fuel price hike raises inflation woes; Rupee eyes 96.80 on higher crude'

Petrol and diesel prices were raised by ₹3 per litre as Brent crude stayed above $105 per barrel. Here's how rising fuel prices could impact inflation and the rupee

From crude to pump: How petrol is priced in India and who gets what share

Petrol and diesel prices are rising again amid the West Asia crisis. Here's how fuel prices are calculated in India and who earns what from every litre sold at the pump

Mahindra and Swaraj hike tractor prices amid rising input costs

Mahindra and Swaraj Tractors raise prices across domestic range citing commodity cost pressures, with hikes varying by model and region

$5 trillion in gold Why India feels richer but is not growing its wealth

A new report by Kotak Institutional Equities suggests that while rising gold prices are making households feel richer, they may not actually be helping long-term wealth creation or the broader economy

Gold prices saw their worst week in 40 years despite West Asia war; why | Gold rate | Share market

Gold is crashing despite the ongoing US–Iran war — defying its safe-haven status. Prices have recorded their worst weekly fall in over 40 years as rising oil prices, inflation fears

Tata Motors to raise commercial vehicle prices by up to 1.5% from April 1

Tata Motors on Monday said it will increase the prices of its commercial vehicle range by up to 1.5 per cent from April 1. The price increase is being undertaken to partially offset the impact of rising commodity prices and other input costs, the company said in a regulatory filing. The increase will vary, depending on the model and variant, it added. Part of the USD 180 billion Tata Group, Tata Motors is India's largest manufacturer of utility vehicles, pick-ups, trucks, and buses. Tata Motors shares on Monday ended 2.82 per cent up at Rs 437.75 apiece on BSE.

Triumph, Renault to raise vehicle prices from Jan 2026 amid cost pressures

Triumph will revise ex-showroom prices across its range from January 1, while Renault India will raise prices by up to 2 per cent, urging buyers to lock in current rates

Mercedes to hike prices from Jan to offset weak rupee impact against euro

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 .

Blue Dart Express to hike courier service rates by 9-12% from January

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 increase prices by 1-1.5% from September

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

Sustaining price hikes, demand uptick key for cement companies' stocks

Among companies, Shree Cement and JK Cement may register the highest operating profit gains

From Ray-Bans to wigs, American buyers may see unexpected price hikes

During Trump's first term when he imposed much more limited tariffs on China, many companies reported they lacked pricing power to pass on costs to consumers

FMCG demand unchanged in Q4, urban weakness persists, shows Nomura report

The report states that it expects FMCG sales growth of 5.2 per cent due to some price increases, and volume growth is expected to remain stable