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FOXNEWS Your World With Neil Cavuto July 7, 2024 - Vimarsana News

FOXNEWS Your World With Neil Cavuto July 7, 2024

li on the difference in 24 hours. susan? >> a new reality that inflation is higher and may stay elevated for some time. today's wholesale prices are the inflation that producers pay still much higher than a year ago. sure, coming down from the previous month. couple that with yesterday's consumer price jump and we're close to the 40-year highs and that's more than four times the way the federal reserves thinks is healthy for the economy. close to a third predicting a full 1 percentage point rate hike from the central bank. that could be the biggest central increase since 1984 when pa...

FMCG firms report single-digit volume growth with better margin in December quarter - Vimarsana News

FMCG firms report single-digit volume growth with better margin in December quarter

Companies such as HUL, ITC, Marico, Dabur, and Godrej Consumer Products said urban markets continued their moderate growth, while consumer demand from rural India remained subdued even as they expect an improvement in coming quarters. Moreover, the late arrival of winter also impacted the pickup of relevant products such as lotions, oils and creams. Hindustan Unilever (HUL) reported a muted growth in consolidated net profit at Rs 2,508 crore and its sales were marginally down to Rs 15,259 crore.

Dabur's domestic biz prospects hinge on rural demand revival - Vimarsana News

Dabur's domestic biz prospects hinge on rural demand revival

A rebound in demand in rural India will be crucial for Dabur, as it derives a bulk of its revenue from these regions.

How the Crude Oil Price Spike Will Upend India's Fiscal Balancing Act - Vimarsana News

How the Crude Oil Price Spike Will Upend India's Fiscal Balancing Act

India will have to brace itself for an inflationary shock that will only serve to bludgeon a COVID-ravaged economy.

Source: thewire.in
Mid-cap firms struggle to meet debt  obligation as  inflation  bites - Vimarsana News

Mid-cap firms struggle to meet debt  obligation as  inflation  bites

An analysis showed interest coverage ratio (ICR), a measure of how easily a company can pay interest on its debt from earnings, declined sharply to 4.5 times at the end of the December quarter from 6.1 times at the end of the preceding quarter