Milk Price Hike To Improve Profitability Of Organized Dairies.
Mumbai (Maharashtra): The recent hike in retail milk price by 2 per liter will limit the slide in the profitability of the organized dairy sector to 50 basis points (bps) on-year this fiscal, despite a higher than anticipated rise in procurement prices, and transport and packaging costs. Despite lower profitability, comfortable balance sheets and better working […]
Gold prices are down Rs 270 per kg, while silver is up Rs 60,000 per kg
On Thursday morning, gold prices in India fell by Rs 270 per gramme. After a Rs 250 drop, 10 gramme of 24-carat gold is trading at Rs 51,440, while 10 gramme of 22-carat gold is trading at Rs 47,150. The drop in gold prices comes after the US Federal Reserve raised interest rates for the […]