Input Costs

Input Costs News

August PMI manufacturing growth slowest at 15-month low; impact of slowing economic growth, inflationary pressures
Business

August PMI manufacturing growth slowest at 15-month low; impact of slowing economic growth, inflationary pressures

The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, declined to 51.4 in August from July's 52.5, its weakest since May 2018

National Anti-Profiteering Authority's extension reveals neta-babu tribe is not going to give up its chance to meddle with pricing
Business

National Anti-Profiteering Authority's extension reveals neta-babu tribe is not going to give up its chance to meddle with pricing

The extension, without a freeze on new complaints, has also shown that the Jaitley-Adhia assurances that the NAA will be a benign, purely deterrent mechanism were also hollow.

Volkswagen India to hike prices by up to 3% from January, cites rise in input costs
Business

Volkswagen India to hike prices by up to 3% from January, cites rise in input costs

Commenting on the imminent price hike, Volkswagen Passenger Cars Director Steffen Knapp said, "Over the last few months, we have been facing several fluctuations within the economy, particularly the rise in input costs."

Rising input cost, crude shave off corporate margins by 220 bps, roiling Q2 earnings: Icra report
Business

Rising input cost, crude shave off corporate margins by 220 bps, roiling Q2 earnings: Icra report

The corporate sector has reported a revenue growth of 23.9 percent for the September quarter over the same period last year, domestic rating agency Icra said on Monday, based on its analysis of 176 companies.

CBEC letter to FMCG majors to reduce MRP is at best an appeal to corporate conscience
Business

CBEC letter to FMCG majors to reduce MRP is at best an appeal to corporate conscience

The government perhaps believe that it reading the riot act to the FMCG companies, restaurants and others whose products have been the beneficiaries of the recent GST rate reduction