Price hikes likely in consumer durables in March-April
Prior to COVID-19, brands resisted price increases, despite import duty hikes as well as depreciation in the rupee v/s the dollar.
Prior to COVID-19, brands resisted price increases, despite import duty hikes as well as depreciation in the rupee v/s the dollar.
Market analysts pointed out that largely weak Asian equities, along with a rise in geo-political tensions after the US pulled out of the Iran nuclear deal as well as higher crude oil prices, had capped gains and unleashed volatility.
Discarding the previous session’s losses, the key Indian equity indices on Thursday surged to trade with appreciable gains as positive…
