Indian Firms Plan Fresh Price Hikes, Testing Inflation Outlook

India’s largest consumer companies are gearing to raise prices on products from toothpaste to tires and paint ahead of the festival season and for the second straight quarter, as the...

By Satviki Sanjay and Ruchi Bhatia · Bloomberg Markets

India’s largest consumer companies are gearing to raise prices on products from toothpaste to tires and paint ahead of the festival season and for the second straight quarter, as the prolonged Middle East conflict drives up commodity costs and threatens to keep inflation elevated.