Hindustan Unilever’s chief Sanjiv Mehta has spent 30 years at the fast-moving consumer goods (FMCG) giant and he’s worried – he said has not seen inflation of this kind before and has a warning for the government. The maker of Vaseline, Kwality Wall’s ice cream and Surf Excel is worried about the rise in inflation and the ongoing volatility across the world. Hindustan Unilever (HUL) is the oldest and the largest FMCG company in India and has dozens of brands under its name – brands which have been household names for a long, long time. In other news, the monthly collection under the Goods and Services Tax (GST) has peaked to an all-time high of Rs 1.68 lakh crore in April 2022, according to a statement by the Finance Ministry on May 1. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take on the matter.
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