Page 6 - Price Hike

Nestle raises growth outlook for '22, eyes consumer reaction to price hikes

Nestle warned on Thursday that price hikes could eventually weigh on sales volumes for the maker of Cheerios cereals, Kit Kat bars and Nescafe as it raised its full-year sales growth forecast to 7-8%

A dozen bananas likely to cost Rs 100 in Delhi, thanks to rains and exports

Traders have attributed this spike to higher exports, rising transportation and storage costs, and a widening gap between demand and supply

Oppn disrupts LS proceedings; protests price rise, ED summons to Sonia

Lok Sabha proceedings were adjourned briefly as Opposition parties voiced their protest against rising prices, ED summons to Congress president Sonia Gandhi for questioning in a money laundering case

Asia's central banks forced to play catch-up in global rush to raise rates

Having bucked a global dash to tighten monetary policy for a year, Asian central banks find themselves scrambling to catch up in order to tackle rising inflation and defend weakening currencies

India's economic recovery falters as high prices, falling rupee bite

India's economic activity showed early signs of cooling off in June as acute price pressures, rising interest rates, and a falling rupee dampened sentiment after a strong showing the previous month

UK inflation surges to new 40-year high of 9.4% amid rising fuel prices

Inflation in the United Kingdom has accelerated to a new 40-year high, driven by rising food and fuel prices that are contributing to a cost-of-living crisis

Rajya Sabha adjourned for the day as Oppn continues to protest price hike

Rajya Sabha proceeding washed out completely and was adjourned for the day amid continued protest by the Opposition parties led by the Congress over price rise and levy of GST on daily essentials

Lok Sabha adjourned till 4 pm amid Opposition protests over price rise

Lok Sabha proceedings were adjourned till 4 pm on Wednesday amid vociferous protests by Opposition members over price rise and the imposition of the Goods and Services Tax on some daily-use items

Opposition continues protest for discussion on GST; RS adjourned for day

When Rajya Sabha proceedings resumed at 2 p.m., the opposition members continued their protest demanding discussion on GST, price rise, Agnipath and other issues.

Opposition protests in Rajya Sabha for discussion on GST, other issues

Leader of Opposition Mallikarjun Kharge and other opposition members had given notices to discuss Aginpath recruitment scheme for armed forces, hike in GST, price rise and other issues.

Parl's Monsoon Session begins with adjournments over price rise, Agnipath

In the Rajya Sabha, Congress members trooped to the Well of the House raising slogans as soon as Chairman M Venkaiah Naidu read out the obituary references.

When 'egonomics' trumps 'economics...: Rahul's attack on price rise, debt

He shared a chart sharing such details and said while the government's debt in 2014 was Rs 56 lakh crore, it is Rs 139 lakh crore in 2022.

Farm to Fork: Food firms wait for commodity prices to cool further

The second of a four-part series focuses on how food companies are yet to pass on the benefit of the decline in input prices to consumers

Tata Motors hikes passenger vehicle prices to offset rising input costs

Tata Motors on Saturday said it has increased prices of its passenger vehicle range with immediate effect to partially offset the impact of rising input costs

H&M flags more price hikes, beats profit expecations by fewer discounts

Pretax profit at world's second-biggest fashion retailer jumped 33% from a year earlier to 4.78 bn crowns ($471 mn) in the Swedish group's second quarter, on sales growth of 12% in local currencies

FMCG firms' margins may face pressure next quarter as commodity prices rise

This comes even as raw material prices cool

Demand falls as price hike forces consumers to go for smaller packs

Sales in urban areas in May were down 16 per cent and those in rural parts 16.6 per cent (against April)

Monthly budget up 10% in three months amid rising fuel prices: Survey

Seventy per cent of those surveyed saw at least 10 per cent increase in their monthly budget, while 55 per cent expect prices to go up by another 10 per cent in the next three months

Tata Motors hikes prices to curb rising input cost, effective immediately

Tata Motors on Saturday said it has hiked the prices of its passenger vehicles by an average 1.1 per cent with immediate effect

Mahindra & Mahindra hikes vehicle prices by 2.5% as commodity prices surge

Mahindra & Mahindra on Thursday said it has increased prices of its entire model range by 2.5 per cent with immediate effect. This will result in an increase of Rs 10,000 to Rs 63,000 on the ex-showroom prices across the range, depending upon the model and the variant, the home-grown auto major said in a statement. The price revision is the result of a continuous increase in prices of key commodities such as steel, aluminium, palladium, etc, it added. "The company has taken necessary initiatives to partially offset the unprecedented hike in commodity prices to absorb the impact, passing a minimal percentage of cost increase to customers through a price revision," M&M noted. The company, which sells models like Thar and XUV700, is working with its sales and dealer network to communicate the new prices to the customers appropriately, it added. Earlier this month, the country's largest carmaker Maruti Suzuki India (MSI) has also announced an increase in prices of its entire model