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2024-11-13 01:24:32| The Economic Times

During the quarter, raw material costs for the company were up by 7.8% from a year ago, driven by high inflation in the cost of wheat, palm oil, cocoa and sugar. The input cost as a proportion of revenue rose to 59.8% of sales compared with 57.9% a year ago. This directly impacted profitability, as the operating profit margin dropped by 280 basis points (bps) to 15.5%.


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2024-11-13 01:01:57| The Economic Times

Average daily trading volumes in half a dozen major exchanges have surged 3 times in less than a week despite crippling taxes and a shadow ban by most banks. Investors who were sitting on losses for close to 18 months are suddenly in the money


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2024-11-13 01:00:57| BBC News | Business | World Edition

Retailers are increasingly targeting the "kidult" market as family finances are squeezed.


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