Gold prices in Pakistan surged by Pakistani rupee PKR 2,000 per tola on Wednesday, ARY News reported. ARY News is a Pakistani news channel. All Pakistan Gems and Jewellers Association (APGJA) said the price of 24-karat gold per tola increased by PKR 2,000 to settle at PKR 214,800 per tola. As per APGJA, after a […]
Higher-than-expected oil prices in a scenario where the ongoing Middle East conflict disrupts oil supply would cause lower economic growth and higher inflation, according to Fitch Ratings. According to the rating agency, world GDP growth would be 0.4 per cent points lower in 2024, but only 0.1 per cent points lower in 2025, although the […]
FMCG major Marico anticipates a rebound in revenue growth in the second half of the fiscal year, with expectations of improving rural demand, according to Managing Director and CEO Saugata Gupta. The company has adjusted prices following a softening of inflation in the domestic market over the last two quarters, impacting revenue growth but aiding […]
In a move that is set to impact businesses and consumers, oil marketing companies (OMCs) have announced an increase in the prices of commercial LPG gas cylinders. Effective from 1 November, the retail price of the 19 Kg commercial LPG gas cylinder in Delhi will see a hike of Rs 101, bringing the new rate […]
In the midst of the festive light and joy, Bharat consumers’ festive shopping is in full swing, to know what’s on their shopping list this season. The Bharat Lab has conducted an in-depth analysis by engaging with 1027 consumers (526 male, 501 female) in the heartland of Hindi, primarily Uttar Pradesh. This survey spans across […]
The US economy continues to display resilience with robust growth throughout the year. The third quarter of 2023, in particular, exceeded expectations with GDP expanding at a strong 4.9 per cent seasonally adjusted annual rate, marking the highest quarterly gain since the fourth quarter of 2021. According to a JP Morgan report, this growth was […]
PepsiCo Inc (PEP.O) said on Tuesday its intention to implement “modest” price increases next year, despite several prior hikes. The snacks and beverages giant, home to brands like Mirinda and Gatorade, raised its 2023 profit forecast for the third consecutive time as demand remained resilient. PepsiCo’s move amidst growing concerns that frequent price hikes could […]
As expected, the monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting decided to keep the policy repo rate unchanged at 6.5 per cent, maintaining status quo for the fourth straight occasion. The repo rate is the rate of interest at which the RBI lends to other banks. At […]
The Uttar Pradesh government, led by Chief Minister Yogi Adityanath has issued instructions to senior officials in the Department of Food and Civil Supplies to address the issues of hoarding and price increases of pulses within the state. These instructions include conducting inspections and verifications of pulse traders to enforce the revised stock limit set […]
McDonald’s (MCD.N) is increasing royalty fees for new franchise restaurants in the U.S. and Canada, marking the first such adjustment in nearly thirty years. This adjustment will align the fees with what McDonald’s charges in other global markets. Effective from 1 January, the fees will be raised from 4 per cent to 5 per cent. […]
