← Top stories
Market move● Neutral for Indian equities
Electronic prices rise, discounts fade: Can financing sustain festive sales
The brief
- Rising component and freight costs are pushing up electronics prices
- Brands are using EMIs and exchange offers to support festive demand
- Higher costs and festive demand affect Indian consumer-electronics and durable-goods companies
- Paintmakers expect a brighter Diwali, but crude prices cloud the outlook
- Banks may deploy FCNR(B) liquidity as festive-season credit demand rises
- India cuts import duties on edible oils to ease prices ahead of festivals