Investors were left reeling this week as Godrej Consumer Products issued a stark warning: soaring palm oil prices have severely impacted its soaps segment, a cornerstone of its business. This policy change came as global palm oil prices were already climbing due to supply constraints in Southeast Asia, creating a perfect storm for manufacturers. Read this | Edible oil, tea, …
Indian telecom service providers' hopes to get relief from paying levies on adjusted gross revenue might get dashed on the Union finance ministry's revenue concerns, according to two senior officials close to the discussions. AGR is the revenue telecom operators earn from their core services, such as mobile and internet services, and licence and USO fees are charged on it. …
Rising natural gas prices, an energy network 'not fit for purpose' and a shortage of lorry drivers are creating a 'perfect storm' to cripple the UK, experts warned today. CRISIS 1: GAS PRICES SPIKE - Energy firms go bust - Risk of '3-day week' Business Secretary Kwasi Kwarteng is holding a fresh round of crisis talks with the energy industry …
