Business

In July, the prices for home-cooked thalis surged compared to the previous year, with vegetarian options increasing by four percent and non-vegetarian increasing by nine percent. The rise in costs was driven by expensive onions, vegetable oil, and LPG for vegetarian meals, while non-vegetarian thalis were notably affected by higher broiler chicken prices. Nevertheless, the

In July, global food prices saw a notable rise, with cereals, vegetable oils, and sugar reflecting increased costs. Wheat and maize surged due to weather conditions and market apprehensions. Vegetable oils peaked since June 2022, bolstered by robust demand. Sugar prices also rebounded, driven by weather impacts and expectations around ethanol use. Conversely, meat and

Large-cap technology companies provided much of the market’s upward momentum, reflecting their significant influence on the broader indexes. Nvidia rose 1.3%, while Broadcom added 1.1%.