Lufthansa (Photo: Unsplash) Lufthansa’s bid for a minority stake in Italian rival ITA Airways could harm competition and lead to higher prices, EU antitrust regulators said on Monday, ramping up pressure on the German carrier to come up with stronger remedies. “A risk of a competition issue is of course that prices go… Continue reading Lufthansa, ITA Airways deal may lead to higher prices: EU watchdog | World News
Tag: prices
A California ER charged wildly different prices for the same care on the same day
The Kaiser Family Foundation recently reported that the annual cost of family health insurance jumped to nearly $24,000 this year, the greatest increase in a decade. While insurance executives and employers may cite a plethora of reasons, one of the chief culprits is lack of oversight over the Wild West of healthcare prices. My friend… Continue reading A California ER charged wildly different prices for the same care on the same day
Rising food prices may push July inflation up by 190 bps to 6.7%: Report
Citing the sharp rise in food prices, economists at a foreign bank have forecast a steeply higher retail inflation print for July, pegging it at 6.7 per cent, up 190 basis points from the previous month. Deutsche Bank India economists led by chief economist Kaushik Das, in a report on Monday ahead of… Continue reading Rising food prices may push July inflation up by 190 bps to 6.7%: Report
Gold, silver prices remain unchanged, yellow metal trading at Rs 601,60/10g
The price of 24-carat gold was unchanged in Monday’s early trade, with ten grams of the precious metal selling at Rs 60,160, according to the GoodReturns website. Silver price also remained steady, with 1 kg of the precious metal selling at Rs 75,100. The price of 22-carat gold was also unchanged at Rs… Continue reading Gold, silver prices remain unchanged, yellow metal trading at Rs 601,60/10g
Oil-marketing companies raise prices of ethanol from maize, damaged food
With Food Corporation of India (FCI) stopping the supply of concessional rice for blending with ethanol, oil-marketing companies (OMCs) have decided to increase the price of ethanol produced from damaged foodgrain (DFG) by Rs 4.75 per litre and that from maize by Rs 6.01 per litre for the remaining period of the 2022-23 ethanol… Continue reading Oil-marketing companies raise prices of ethanol from maize, damaged food
Pakistan’s inflation touches 29.8% amid rise in food, energy prices
A series of sharp rises in energy and food prices in Pakistan, pushed its weekly inflation up by 1.30 per cent and annualised inflation up to 29.83 per cent, Geo News reported on Saturday citing The News. According to the Pakistan Bureau of Statistics (PBS), the increase in the sensitive price indicator (SPI)… Continue reading Pakistan’s inflation touches 29.8% amid rise in food, energy prices
Televisions likely to get costlier by up to 10% as open cell prices rise
Premium Prices of open cells have been on the rise since the start of 2023 pushing manufacturers to also hike prices. Television (TV) manufacturers will increase prices by up to another 10 per cent in August due to rising costs of open cells, a key component in TV production. Since the beginning of… Continue reading Televisions likely to get costlier by up to 10% as open cell prices rise
Curb on imports may have cascading effect on second-hand laptop prices
Dixon Tech, Optiemus, HCL Info rally 8-9% on laptops, tablets import curbs Laptop import curbs lift EMS stocks but analysts warn of jumping the gun India to cut import duty on Washington apples to 50% by September end From Chola tradition to Jawaharlal Nehru: All you need to know about Sengol Nehru Memorial Museum and… Continue reading Curb on imports may have cascading effect on second-hand laptop prices
Prices begin to pinch Turkey again, inflation jumps to nearly 48%
Turkish inflation ended its eight-month deceleration in July, putting it on track for a surge that the central bank only expects to peak closer to the middle of next year. Consumer prices jumped an annual 47.8 per cent, from 38.2 per cent in June, statistics office data showed Thursday. The median forecast… Continue reading Prices begin to pinch Turkey again, inflation jumps to nearly 48%
As tomato prices soar, Punjab guv orders halting consumption in Raj Bhavan
Amid an alarming surge in tomato prices, Punjab Governor Banwarilal Purohit issued an order on Thursday temporarily halting its consumption in his household as “a gesture of solidarity with the citizens facing the impact of rising food prices”. Tomato is currently selling at a rate of more than Rs 200 a kilo and… Continue reading As tomato prices soar, Punjab guv orders halting consumption in Raj Bhavan