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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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Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing

India is boosting its shipbuilding capabilities by adopting a "structured tender" approach for specialized vessels like gas and oi...