
Fuel price hikes are squeezing cement companies' profits, increasing logistics costs and limiting their ability to raise prices amid competition.

Fuel price hikes are squeezing cement companies' profits, increasing logistics costs and limiting their ability to raise prices amid competition.

Sitharaman said the Centre reduced central excise duty on petrol and diesel, resulting in a revenue impact of over ₹1 lakh crore, to reduce logistics costs and shield businesses from rising global crude prices
Indian markets face headwinds from elevated crude oil prices, unlike the US which benefits from exports. Market expert Sameer Dalal warns that FMCG margins may have peaked due to rising logistics costs, and Q1 earnings could be subdued as companies face highe…