High Crude Oil Prices To Have 100-250 Bps Impact On FMCG Gross Margins: Report
A report states that to offset the cost pressure, FMCG companies might have to take high single-digit to low double-digit price increases
FMCG
Economy
National
News
India Poised For Strong FY25: FinMin
- by BW Retail World Bureau
- March 23, 2024
The Finance Ministry on Friday stated that India’s economic prospects for the next fiscal year appear promising, citing an increase in private investment and a downward trend in inflation. According to the Monthly Economic Review, the inclusion of Indian bonds in the Bloomberg bond index starting from January 2025 is expected to bolster inflows into […]
National
News
Rise In Petrol, Diesel Prices Unlikely As Election Season Nears: Moody’s
- by BW Retail World Bureau
- October 10, 2023
Despite rising raw material costs, increase in the prices of petrol and diesel are improbable, due to the forthcoming general elections, according to Moody’s Investors Service. The price of petrol and diesel has been frozen for a record-breaking 18 months thanks to three state-owned gasoline retailers: Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and […]
National
News
India’s Petroleum Product Demand To Grow In Mid-single Digit In FY24: Fitch
- by BW Retail World Bureau
- July 4, 2023
Fitch Ratings expects India’s petroleum product demand in during 2023-24 to grow by a mid-single-digit percentage after a 10 per cent rise the past year. The past year’s growth was aided by the post-pandemic pent-up demand. “Medium-term product demand growth is supported by Fitch’s expectation of 6-7 per cent GDP growth for India over the […]