Metal prices are likely to keep pushing up the Wholesale Price Index (WPI) in the coming months, according to a report by Union Bank of India. Despite a drop in WPI in April 2025, metals have shown a sequential pickup, indicating they may continue to influence the inflation trend. The report said “While food prices … Read more
“Challenges in Europe are multifaceted: the demographic trend leans more toward consumption rather than a productive workforce, leading to high labour costs,” says Sachin Shah, Executive Director & Fund Manager, Emkay Investment Managers Limited.In an interview with ETMarkets, Shah said: “The weakening of the US dollar, which in turn drives demand for alternative asset classes, … Read more
“I think some of the basic themes which I am looking at is probably the beneficiaries of lower commodity prices and lower inflation going into 2023 and obviously some of the sectors which can probably really get benefited from the domestic demand,” says Sushil Bhojwani, Greenedge Capital. We are ending 2022 and somehow we have … Read more
New Delhi: Pulses prices have shot up during the recently concluded monsoon season, especially Kharif pulses, owing to lower production estimates compared to the last year, propelled by the erratic rainfall distribution in the key producing states like Maharashtra and Karnataka, and lower crop area this year as farmers shifted to competitive crops. Tur (Arhar) … Read more
Mumbai: Shares of automobile makers surged on Thursday as the recent decline in global commodities, including metals, prompted investors to lap up some of the battered names. The BSE Auto index jumped 4.4% emerging as the top sector gainer on Thursday led by gains in Maruti Suzuki India‘s shares which rose 6.3% to 8,274.60. Eicher … Read more
Mumbai: Half of the components on the Nifty 50 index are likely to benefit from rising commodity prices and the rupee depreciation in FY22, according to a study by Motilal Oswal Financial Services. Metals along with oil and gas companies are direct beneficiaries of rising prices, while indirect beneficiaries include export-oriented sectors, especially IT, which … Read more
Indian exporters of carpets, handicrafts and engineering goods expect up to 10% benefit from the ongoing rupee depreciation. Sectors with a low dependence on imports stand to gain while others will lose their benefits to higher oil and commodity prices, they said. The rupee has shed almost 3.5% against the US dollar this year and … Read more
The direct impact of the ongoing Russia-Ukraine war on the domestic credit markets appears to be limited as the banking system has adequate liquidity but not the market as a whole, as per a report. According to India Ratings, overall, the duration and intensity of the war will be the key determinant for the macro … Read more
Corporate India is facing a year-on-year decline in its EBITDA margin for the first time in 12 quarters amid soaring input costs, data from CRISIL Research suggests Data shows that earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin, which is perceived as corporate profitability is likely to have dropped 100-120 bps year-on-year and 70-100 … Read more
Rising global commodity prices, led by crude, coal and metals, will shave a lot off the current account leading to higher imports and a rise in current account deficit, which is likely to print at 1.3 per cent of the GDP or USD 40 billion, up from 0.9 per cent surplus last fiscal, according to … Read more