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Tyre major Apollo Tyres today said it will soon hike prices of products due to increasing rates of rubber."In October, we had raised prices by about 2.5 per cent and we will be going for another price correction soon," Apollo Vice Chairman and Managing Director Neeraj Kanwar told reporters here on the sidelines of the India Economic Summit here.He said imminent price hike in tyre was because of the...
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prices of raw materials moving up, especially rubber, tyre manufacturer Apollo Tyres Ltd today said it will soon increase the prices of its products. ''In October, we had raised prices by about 2.5 per cent and we will be going for another price correction soon,'' company Vice Chairman and Managing Director Neeraj Kanwar told reporters here on the sidelines of the World Economic Forum, being organised...
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state-owned SteelAuthority of India Ltd (SAIL) Monday said that it has reduced the price of itsproduct used by the white goods and auto industry by Rs.500 pertonne."We have further cut flat steel price by Rs.500 a tonnebecause of softening global trend," SAIL chairman S.K. Roongta told reportershere, but asserted he didn't see the price falling further.SAILrecently brought down prices of its flat steel...
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the prices of food items soar, the government today said that the farm market is imperfect as it neither provides remunerative prices to the farmers nor fair prices to customers."Our agriculture markets are characterised by market imperfectionsa huge gap exists between the consumer price and the price received by primary producersWhile farmers do not get (remunerative) prices, consumers end up paying...
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Mother Dairy today said it hasincreased prices of milk up to Rs 2 per litre in the NationalCapital Region due to reduced availability of milk after therecent drought.The dairy major has increased prices of full creamvariant from Rs 26 to Rs 28 per litre and that of toned milkfrom Rs 21 to Rs 22 per litre.Prices of bulk vended milk, double-toned milk and skimmedmilk will remain unchanged. Milk prices...
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Soaring vegetables prices led to 13.68 percent food inflation for the week ended Oct 31 against 13.39 percent in the previous week.While potato will now cost twice the earlier price, the most costliest will be onion with 40 percent surge in price.Prices of bajra has increased to 3 percent, fruit and vegetables to 2 percent, while prices of jowar, arhar and wheat have risen to 1 percent each during...
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With the prices of raw materials moving up, especially rubber, tyre manufacturer Apollo Tyres Ltd today said it will soon increase the prices of its products.''In October, we had raised prices by about 2.5 per cent and we will be going for another price correction soon,'' company Vice Chairman and Managing Director Neeraj Kanwar told reporters here on the sidelines of the World Economic Forum, being...
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was no proposal to increase the domestic prices of petrol or diesel, notwithstanding the steep hike in global crude prices. Addressing the Economic Editors' Conference here, Mr Deora said the government has maintained the prices of sensitive products keeping them at affordable levels with a view not to burn a hole in the common man's pocket. Kerosene prices at Rs nine a litre were the lowest in the...
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High jet fuel costs are back to haunt airline companies, just when they appeared to have left the turbulence behind with some deft manoeuvring on the costs front and help from falling crude oil prices.With crude oil prices headed north again, state-owned oil marketing companies (OMCs) Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp on Sunday hiked aviation turbine fuel (ATF) prices...
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