Anand Ramanathan says: “Overall the market looks good, particularly rural India and hence as demand strengthens, some of these pressures of inflation will soften. Also, 60-70% of an FMCG brand’s cost comes from the cost of raw material and therefore, inflation and geopolitics and commodity prices, etc, have impact on pricing which many a times they are not able to pass on to the consumer.”
Gold poised for sixth week of gains on safe-haven demand
Gold prices rise, marking six weeks of gains, due to increasing U.S.-China trade tensions. Spot gold reaches a record high, while experts cite uncertainty around