Creative Bharat
Retail inflation based on Consumer Price Index (CPI) is likely to have moderated in December in the range of 5.1 per cent to 5.3 per cent. The Statistic Ministry will release the number on Monday. Retail inflation was at 5.5 per cent in November. A major factor in the possible moderation in inflation could be […]
Dry red chilli prices are down by about a third this year as the new crop hits the markets in the key producing States of Andhra Pradesh, Telangana and Karnataka. High carry forward stocks and relatively decent crop despite a decline in acreage amidst muted demand has impacted the prices of dry red chillies, according […]
Rice prices in the global market have dropped by over five per cent in the past three weeks on slack demand and good production resulting in ample supplies. “Rice prices are down sharply as the production is higher this year. For example, the price of Sona Masuri from Chennai has currently dropped to around ₹42 […]
Weighed down by slack demand, cement companies are all set to report weak financial numbers in the December quarter. In contrast to the industry expectations, the demand has failed to recover after the monsoon season. The lower government infrastructure spending and struggling private capex suppressed cement demand in the quarter under review. The earnings season […]
The decline in administered price mechanism (APM) gas to the city gas distribution (CGD) companies drove up volume and prices on a monthly basis during December 2024 at the Indian Gas Exchange (IGX). IGX traded 5.7 million mBtu, or 144 million standard cubic meters (MSCM) gas volume, which was higher by 129 per cent on […]
MUMBAI: Indians are shopping for smaller packs of consumer goods as rising prices of groceries and household supplies weigh on their budgets. Categories like soaps, snacks and tea have been the most impacted by commodity inflation. There has been an almost 30% year-on-year inflation in palm oil – a key ingredient used in the aforementioned […]
Spot Gold prices in the US market is all set to touch $3,000 an ounce and ₹85,000 per 10 grams supported by safe haven demand amid heightened geopolitical tensions and fear over potential trade war hurting economic growth. Industrial metal silver will also register a strong rally touching ₹1.10 lakh per kg on short supply […]
The average weighted market clearing prices (MCP) in the day ahead market (DAM) segment on the Indian Energy Exchange (IEX) declined around 17 per cent y-o-y in the last calendar year aided by higher electricity generation and availability. The DAM is the most traded segment on IEX, which is India’s largest power trading exchange. According […]
Good news for householders – seasonal vegetables have gotten cheaper thanks to favourable climatic conditions. Bright sunlight during the day, and cold weather at night have favoured better vegetable yields of some crops leading to prices cooling off in the past one month. A businessline analysis of 14 seasonal vegetable prices at agricultural market yards (mandis) showed […]
Spot Gold prices in the US market is all set to touch $3,000 an ounce and ₹85,000 per 10 grams supported by safe haven demand amid heightened geopolitical tensions and fear over potential trade war hurting economic growth. Industrial metal silver will also register a strong rally touching ₹1.10 lakh per kg on short supply […]
