WPI Records 1.84% Inflation In September Amid Rising Food Prices
The positive rate of inflation is attributed primarily to higher prices in food articles, food products, and the manufacturing sectors
Consumer
Economy
Food
consumer
E-commerce & Marketplaces
Economy
Despite Rising Costs, Consumers Plan To Increase Their Festive Spending: Report
- by BW Retail World Bureau
- September 30, 2024
The report reveals that 58 per cent of respondents prefer a hybrid approach, saying they would buy both online and offline
Brands
Companies
Consumer
consumer
FMCG
Food
Food & Beverage.
Food/Entertainment
Grocery
News
Retail
Sector
After Amul, Mother Dairy Too Increases Milk Prices By Rs 2 Per Litre
- by BW Retail World Bureau
- June 3, 2024
After Amul, Mother Dairy too has announced an increase in prices of its liquid milk by Rs 2 per litre across all operating markets of the country, effective 03 June 2024. In Delhi-NCR, the new prices for Mother Dairy milk will be Rs 68 per litre for full cream milk, Rs 56 per litre for […]
consumer
Consumer
Food
Food & Beverage.
Food/Entertainment
Grocery
News
Sector
CPI Inflation To Rise 5.0-5.2% In May: Report
- by BW Retail World Bureau
- May 15, 2024
ICRA estimates the food and beverages inflation to cross the 8.0 per cent mark this month The International Credit Rating Agency (ICRA) expects consumer price index inflation to grow at 5.0-5.2 per cent in May 2024. Data released by the Department of Consumer Affairs (DCA) indicates a mixed trend in retail food prices in May […]
Finance
News
Gold Prices Jump On Weak US Inflation Data, Rate Cut Hopes Rise
- by BW Retail World Bureau
- April 12, 2024
On Thursday, 11 April, gold prices surged as softer-than-expected US producer prices data fueled optimism for potential interest rate cuts this year, while ongoing geopolitical uncertainties continued to bolster the appeal of the yellow metal. Spot gold witnessed a 0.3 per cent increase, reaching USD 2,340.69 per ounce, while US gold futures climbed 0.4 per […]
Economy
National
News
Morgan Stanley Upgrades India’s FY25 GDP Growth Forecast To 6.8%, Citing Economic Strength
- by BW Retail World Bureau
- March 28, 2024
After S&P Global, Morgan Stanley has revised its GDP growth forecast upwards for the financial year 2024-25 (FY25) to 6.8 per cent, up from its previous estimate of 6.5 per cent. The firm also revised its growth forecast for the ongoing financial year, FY24, to 7.9 per cent. The revised projections come in the wake […]
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 […]
Government
National
News
Imported Spirits Industry Seeks Price Hike To Offset Inflation, Blames Squeezed Margins On State Taxes
- by BW Retail World Bureau
- March 11, 2024
The International Spirits & Wines Association of India (ISWAI) has called on state governments to adopt an inflation-based pricing model for alcoholic beverages, citing a substantial rise in raw material costs. According to ISWAI CEO Nita Kapoor, industry margins have contracted, leaving very little for trade and manufacturers, with state governments claiming 60-80 per cent […]
Economy
National
News
India’s GDP Growth Surges To 8.4% In Q3, FY24 Forecast Pegged At 7.6%
- by Sangeet Kumar Sanu
- March 1, 2024
India’s GDP grew at a massive 8.4 per cent during the October-December quarter of the current financial year 2023-24 and the country continued to remain the fastest-growing major economy. The Indian economy grew 7.8 per cent and 7.6 per cent during the preceding two quarters – April-June and July-September, data released by the Ministry of […]
Consumer
Government
National
News
India To Conduct New Household Spending Survey Before Revising CPI
- by BW Retail World Bureau
- February 28, 2024
India will undertake another survey of family consumption as well as goods and brands at retailers to get a complete picture of domestic spending before adjusting the consumer price index (CPI), the news agency Reuters reported. The government revealed the preliminary findings of the 2022/23 household consumption expenditure survey, the first in more than a […]