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Vegetable Thali Prices Surge Amid Rising Food Inflation in November
Thali prices surged by 7 percent in November compared to the previous year, with a vegetarian thali costing Rs 32.7, up from Rs 30.5. The rise is attributed to significant increases in tomato and potato prices, which together make up about 26% of the thali cost, alongside a 10 percent hike in pulses due to low stocks.
teel price decline to reduce profitability for domestic primary producers
Steel prices have fallen by eight percent in the first half of this fiscal year, impacting the operating profitability of domestic primary steel producers, according to Crisil Ratings. Despite increased sales volumes and lower coking coal costs, operating profit margins are expected to remain at 15-16 percent, leading to a projected 5-7 percent decline in absolute EBITDA amid significant growth capital expenditures.