Tag: Food Inflation

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Govt slashes basic customs duty on crude edible oils from 20% to 10%

NEW DELHI: In a move to put a check on edible oil prices, the govt on Wednesday slashed the Basic Customs Duty...

Retail CPI inflation eases to 7-month low of 3.61% in February; January IIP growth at 5%

Retail inflation or Consumer Price Index (CPI) inflation for the month of February eased to a 7-month low of 3.61%. This is...

Britannia looks to hike prices by 4.5%

BENGALURU: Britannia Industries plans to increase prices by about 4.5% by the end of the fiscal year, the company said during its...

FMCG firms worry over high inflation, squeezing urban market; hint price hike

NEW DELHI: Leading FMCG companies reported a decline in margins in the September quarter on account of higher input costs and food...

Urban areas facing strain due to sluggish demand: Nestle

NEW DELHI: The FMCG sector is facing a muted demand, with growth in F&B (food and beverage) declining to 1.5-2% as against...

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