Diwali sweet boxes faces inflation bite as sugar prices surge 30%

Rising prices of sugar, cooking oil, raisins and nuts are pushing up mithai costs, forcing sweet shops to raise prices or absorb higher input expenses during the festive season.

Brightly coloured boxes of sweets are piling up in shops, offices and homes across India, as they always do around this time. The country is preparing to celebrate Diwali and exchanging treats is one…

Originally published by BusinessLine. Read the full article →