-TheWire.in Pradeep Multani, president of the PHD Chamber of Commerce and Industry, talks about how the shortage of Raw materials and high input prices are posing a challenge to small businesses in India. Mumbai: Inflation pressures are looming ominously on the Indian business horizon. While the margins of large domestic and multinational corporations have come under pressure, they still have the balance sheet heft to absorb raw material price shocks and the...
More »SEARCH RESULT
Tough times ahead for aam aadmi as Ukraine war could send prices soaring in India -Aishwarya Paliwal
-IndiaToday.in The Russia-Ukraine war is likely to hit the Indian economy, resulting in rising prices, experts said. Here's what will get more expensive. Hundreds dead, buildings damaged, charred bodies on the streets. The large-scale destruction caused by Russian forces in Ukraine has left the world horrified. According to experts, the war will spell doom for the Indian economy, which will face turbulence in days to come. Moving at a snail's pace, petrol and...
More »Fertiliser Crisis a Making of Government's Denial -Suresh Garimella
-Newsclick.in The roots of the present crisis lie in wrong policies adopted over the last two decades that have undermined domestic production of fertilisers led by the public sector and increased dependence on imports and production by the private sector. Indian farmers have been facing a major crisis because of shortages in availability and an unprecedented rise in prices of fertilisers. Fertilisers are a critical input for agriculture, and a shortage in...
More »MSMEs hit by Raw materials’ Price Rise, Entrepreneurs Down Shutters in Protest -Neelambaran A
-Newsclick.in After facing severe setbacks due to demonetisation, hasty implementation of GST, and the ill-conceived COVID-19 lockdown, the MSMEs are gasping due to a steep rise in raw material prices. In a first, the entrepreneurs of the micro medium and small enterprises (MSME) went on a one-day strike across the country on Monday. Affected severely by the policies of the Union government, the ill-planned lockdown in March 2020, and now by the...
More »India’s fertiliser subsidy set to rise by 62% in current financial year: Crisil
-The Hindu Business Line This is on the back of swift rise in prices of Raw materials and global natural gas India is likely to witness an unprecedented jump in the Central government’s fertiliser subsidy on the back of swift rise in prices of Raw materials and global natural gas. According to ratings agency Crisil, the government’s fertiliser subsidy bill is likely to be higher by ₹50,000 crore to touch the total...
More »