Page 4 - Commodity Prices

WPI inflation hits 4-month high in March as crude, commodity prices spike

As per the government data released on Monday, WPI inflation has remained in double digits for the 12th consecutive month beginning April 2021

Ukraine war to result in 1.3% lower GDP growth for India, says WB official

He said that even the fact that India is able to buy some cheap oil from Russia at the moment, the big picture is still that they are being hurt by the high commodity prices in the market

TMC leaders hold protest against price hike in Parliament complex

TMC MPs on Thursday held a protest in front of the Gandhi statue in Parliament complex against rising prices of essential commodities and fuel.

Mamata pans Centre for hike in commodity prices, demands all-party meet

West Bengal CM Banerjee flayed the BJP-led central government for "skyrocketing" prices of commodities, and urged it to call an all-party meeting to find solutions to ongoing economic problems.

Small-caps steal a march over Sensex, Nifty; index zooms 35% in FY22

Most analysts expect the markets to remain choppy in FY23 amid multiple headwinds. The ongoing geopolitical crisis, they feel, will keep commodity prices elevated and market gains in check

Return from well-managed portfolios may be 15-20%, at best: P Kacholia

The domestic market being in a cyclical bull run, the more prudent thing would be to buy on dips, said MD Kacholia

Inflationary woes over commodity prices to maintain pressure on rupee

Inflationary concerns over elevated commodity prices are expected to maintain pressure on the Indian rupee during the upcoming week

India's retail price inflation likely to remain over 6% till April

This is owing to elevated oil and commodity prices

Dollar dips after two days of gains as commodity prices ease

The dollar index fell 0.112%, with the euro up 0.18% to $1.1016

Beyond $400 billion

Exports need policy support

Will India Inc pass on the rising input cost to consumers?

Rising crude oil prices, depreciating rupee and burgeoning raw material costs have put companies across sectors in a tight spot. Take a peek into this inflation conundrum and the effect on consumers

Supply chain uncertainty saddles auto component firms with inventory

Impact on passenger car makers due to chip crisis and raw material shortage, and on two-wheeler, tractor and CV makers due to demand swings has trickle-down effect on autoparts makers

Russia-Ukraine war: High input costs forcing automakers to walk a tightrope

The second of the five-part series looks at automakers' concern over any further price hike that may dent demand in segments like two-wheelers

Elevated commodity prices expected to keep pressure on the rupee

The Indian rupee is expected to remain under pressure exerted by high commodity prices.

FM Sitharaman discusses impact of rising commodity prices with IMF chief

Finance Minister Nirmala Sitharaman on Friday held a virtual meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva and discussed various issues, including the impact of rising commodity prices on world economy. They also had a discussion on the 16th General Review of Quotas scheduled to be completed by 2023 and the need to ensure that under-representation of emerging markets and developing economies is addressed. "FM Smt. @nsitharaman & Ms. @KGeorgieva, both expressed concern at diminishing focus & global supply of #Covid19 vaccines. FM highlighted India's achievement in successfully administering 1.79 bn doses while at the same time supplying 162.9 mn doses to countries in need," the finance ministry said in a series of tweets. They spoke about the issue of global supply chains being affected, commodity prices rising and the possible effects on the world economy, it added. "FM Smt. @nsitharaman and Ms. @KGeorgieva suggested that the key ...

We see inflation averaging 5.4% in FY23: Crisil Chief Economist D K Joshi

In a Q&A, he says the Ukraine war-led spike in commodity prices will impact household inflation, and that the capex thrust by the Centre and states may take a slight hit

Surge in commodity prices may push CAD to 2.8% of GDP in Q3: Report

The report said although the Omicron-led Covid wave has subsided, the geopolitical risks to the global recovery have increased due to the Russia-Ukraine conflict

Managing the rupee

An orderly adjustment would be healthy

China's February factory-gate prices rise at slowest annual pace since June

China's producer prices in February rose at slowest annual pace since June, official data showed on Wednesday, amid skyrocketing commodity prices, uncertain global economy and domestic Covid outbreak

How Indian trade is filling the void left by Russia-Ukraine?

Amid Russia-Ukraine crisis and sanctions on Russia, demand for Indian wheat and other commodities has risen. As these sanctions are unlikely to be lifted anytime soon, find out its impact on India