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COST INFLATION EFFECTS ON ASIAN PAINTS
- Asian Paints Q2 Results: Net profit rises 7% YoY to Rs 1,068 crore; firm announces Rs 5.75/share dividendAsian Paints Q2 Results: The paint maker reported a 7% year-on-year rise in Q2 FY27 consolidated net profit to Rs 1,068 crore, while revenu...
Asian Paints says Middle East sales held strong even as 'full impact' of cost inflation was felt in Q2Asian Paints reported a 29.5% increase in revenue from international operations for Q2 FY27. The company's Middle East operations showed st...- Finance ministry estimates India’s Q2 FY27 GDP growth at 7.35%The finance ministry’s nowcasting model estimates India’s GDP will grow 7.35% in Q2 FY27, following 7.8% growth in the previous quarter, su...
- Indian bonds track US Treasuries higher amid oil-price reliefIndian government bonds increased on Thursday due to support from a rally in Treasuries and lower oil prices. However, the upcoming large b...
- Global Market: China’s yuan hits four-year high against dollar after Fed holds ratesChina’s yuan climbed to a four-year high against the US dollar, supported by the central bank’s firm guidance and the Federal Reserve’s dec...
- Dollar steady after Fed hold leaves rate path murkyAfter the Federal Reserve's decision to keep interest rates steady, the US dollar found stability. Investors are now grappling with uncerta...
- Union cabinet approves 3% DA hike for 11.6 million central employees and pensioners, effective July 1On Wednesday, the Union cabinet approved a 3% increase in dearness allowance for employees and pensioners. This increase is expected to ben...
- US Federal Reserve holds interest rates steady as stubborn inflation puts future rate hikes in focusThe US Federal Reserve has decided to keep its benchmark interest rate unchanged to evaluate inflation trends. Policymakers are assessing h...
- Cancer care can be cheaper: 6 steps to cut drug costsIndia has capped trade margins at 30% on 137 non-scheduled anti-cancer drugs to reduce treatment costs. Experts call for standardised care,...
- US Fed expected to hold rates as Iran war fuels inflation concernsThe US Federal Reserve is widely expected to hold interest rates steady as rising energy prices linked to the Iran war fuel inflation conce...
- Hindustan Unilever to take calibrated price hikes as commodity inflation stays high, says CEO Priya NairHindustan Unilever has raised prices by around 7.5% in response to rising input costs across its portfolio. Despite these increases, consum...
- Gold eases as stronger dollar weighs, Fed meeting in focusGold prices dropped in early trading as the US dollar strengthened and influenced market dynamics. Investors are closely monitoring the upc...
- ECB Meeting: Five key questions on rates, inflation and Lagarde's exitThe European Central Bank is widely expected to hold interest rates at 2.5% amid elevated energy prices, eurozone inflation and France’s fi...
- Brazil presidential election results: Five economic challenges facing re-elected President LulaBrazil's economy is encountering significant challenges as President Lula starts his fourth term in January. Soaring public debt and rising...
- Global Market: Japan’s core inflation accelerates, putting BOJ rate hikes in focusJapan’s core inflation rises to 2.1% in September, exceeding the Bank of Japan’s 2% target for the first time in nine months. Higher energy...
- Global Market: Bank of Korea holds interest rates at 3% after back-to-back hikesThe Bank of Korea kept its benchmark interest rate unchanged at 3.00% on Thursday, pausing after back-to-back 25-basis-point hikes in July ...
- Paint cos riding price hikes to double-digit growthDomestic paint companies are poised for a 10-15% revenue growth in the September quarter due to price increases. While volume growth is ant...
- Gold may hit $5,000 an ounce as central banks, Asian buyers drive demandGold prices are predicted to stay elevated between USD 4,200 and USD 5,000 per ounce over the next two years. Central bank purchases and st...
- Global Market: Eurozone bond selloff to weigh on growth, curb inflation, Lagarde saysECB President Christine Lagarde warned that a global bond selloff is tightening euro zone financial conditions, raising borrowing costs and...
- FMCG revenues to rise in Q2, but costs could dent marginsIndia's FMCG sector is poised for a substantial revenue boost in the upcoming September quarter, with growth projected in double digits. Th...
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