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Sunday, November 3, 2024

FMCG firms worry over high inflation, squeezing urban market; hint price hike

Leading FMCG companies reported declining margins in the September quarter due to higher input costs and food inflation, slowing urban consumption. Firms like HUL, Dabur, and Nestle India noted muted demand, while rural markets showed growth. Companies plan price hikes to counter rising input costs.

from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TyI5HZj

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Hardeep Singh Puri says India has over 60 days of crude, gas stocks; rules out any energy supply crunch

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