Input Costs News
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
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.
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."
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.
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