Sensex down 189 pts intraday, Nifty below 17,800

Benchmark indices were trading in the red during the afternoon on Thursday. Market opened on a weak note amid negative global cues as global markets traded lower amid fears of more than expected US Fed tightening measures. Indices extended losses in the first half and were trading lower during the afternoon, dragged by IT, metals … Read more

India’s household expenses may shoot up due to Russia-Ukraine war; companies watching input costs

Consumer product companies, not refuting a possibility of further price hike, said that they are keeping a close watch on the input costs on the back of the Russia-Ukraine war. Experts maintained that the crisis will escalate consumer inflation further. Russia-Ukraine war will impact household expenses ‘hugely’ in India, with many consumer product companies not … Read more