LONDON (Reuters) -Unilever beat first-quarter sales forecasts as the maker of Dove soap and Ben & Jerry's ice cream hiked prices by more than 8% to offset higher supply chain and energy costs, more than outweighing a dip in sales volumes.
US Deputy National Security Advisor Daleep Singh said Western sanctions will have profound impact on Russia's supply chains and its productive capacity over time, including military industrial complex
India's manufacturing push is timely and positions the country strongly to grab a massive opportunity in the electronics hardware space, said HCL co-founder Ajai Chowdhry
Increase in raw material costs and semiconductor prices, coupled with supply chain disruptions could become headwinds for the auto industry, says MG Motor India President Rajeev Chaba
Zhengzhou Airport Economic Zone, a central Chinese manufacturing area that includes Apple Inc supplier Foxconn, announced a 14-day lockdown on Friday "to be adjusted according to epidemic situation"
China's efforts to stop the virus with a strict 'zero-COVID' policy are triggering economic disruptions that are rippling through global supply chains for goods from electric vehicles to iPhones
Manufacturers of summer appliances are happy with the recent spur in demand, but are also apprehensive of lockdown in parts of China leading to supply chain disruption. Here's an insight into it
So, India should carefully weigh the short term gains of buying cheap oil from Russia against implications of annoying the western alliances
Industry fears Russia-Ukraine war will further dent recovery prospects as supply chains will be disrupted further
The supply chains of global semiconductor industry, which was badly affected during Covid-19 period, may see further disruptions due to the Russia-Ukraine conflict, Parliament was informed on Friday
Tata Motors, which is also India's largest electric carmaker, reported its highest ever annual sales of passenger vehicles, up 67% to 370,372 units from a year ago
Investment in supply chain start-up marks the largest Series A funding in Indian logistics sector.
Here is the best of Business Standard's opinion pieces for Thursday
'Focusing on growth, recovery with predictable tax regime'
Actually, interconnectedness and co-dependence preserve strategic autonomy
"As a committed and customer-centric company, TKM has made all conscious efforts to minimise the impact of rising costs on consumers," said TKM Spokesperson in a statement
A flurry of factors, such as the pandemic, lockdowns, civil unrest, war, excess monetary and fiscal stimulus and broken supply chains have resulted in epic inflation, BofA analysts said
External shocks and stagflation risks require optimal policy responses
Biden administration plans to collaborate with India on building resilient supply chains and promote a transparent rules-based trading system for market economies and democracies.
After the price revision, a tonne of HRC will cost around Rs 66,000, while the buyers will get TMT bars for about Rs 65,000 per tonne