Search For "food inflation"
Decline in migrant workforce is rising concern, favouring ruralization as
Updated : 1 year, 2 months ago IST
This shift has led to higher food demand, narrowing urban supplies, and persistent food inflation. The dependence on agriculture for employment has also grown, with 46.1 per cent of the workforce engaged in the sector in 2023-24, up from 42.5 per cent in 2017-18.
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Expected decline in food prices in January could increase odds of rate cut
Updated : 1 year, 2 months ago IST
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) could consider a rate cut in February if food inflation declines in January, says a report by ICICI Bank.
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India's CPI inflation to ease to 4.7-4.8 pc in FY25, driven by lower food
Updated : 1 year, 2 months ago IST
December data indicates further corrections in vegetable prices, while favorable soil moisture and reservoir levels are expected to support a robust Rabi harvest. Additionally, benign global food and energy prices are expected to keep food inflation risks low in the near term.
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Inflation in high income states decline faster as compared to low income s
Updated : 1 year, 3 months ago IST
The middle and high-income states in the country have experienced a sharper decline in food inflation compared to low-income states, says a report by the State Bank of India (SBI).
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RBI's MPC meeting begins today, all eyes on central bank action on rising
Updated : 1 year, 3 months ago IST
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting to determine the policy rate in the country commenced today in Mumbai.
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India's consumer price inflation likely to stay above 5 per cent in 2024:
Updated : 1 year, 3 months ago IST
India's consumer price inflation (CPI) is expected to remain above 5 per cent for the rest of 2024, according to a recent report by the State Bank of India (SBI).
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Another Onion Express from Nashik arrived in Delhi, one more expected in n
Updated : 1 year, 3 months ago IST
Another Onion Express carrying the key staple kitchen essentials arrived in Delhi, aiming to put a check on its prices across the national capital region.
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Wholesale inflation in October rises to 2.36% mirroring retail figures; fo
Updated : 1 year, 3 months ago IST
The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 2.36 per cent (provisional) for the month of October, 2024 (over October 2023).
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If we exclude vegetable prices, CPI inflation remains in RBI's range: UBI
Updated : 1 year, 4 months ago IST
India's retail inflation rose to a 14-month high of 6.21 per cent in October, up from 5.49 per cent in August. On the back of rising vegetable prices food inflation galloped and rose in double digits for the first time in fifteen months to 10.87 per cent from 9.2 per cent in the previous mon
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Rate cut unlikely even in February, inflation to dip January onwards: SBI
Updated : 1 year, 4 months ago IST
The interest rate cut by Reserve Bank of India (RBI) is unlikely in February due to the persistent inflation, SBI Research stated in its latest report, adding that a slight easing in inflation is expected starting in January.
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Vegetable prices sky-rocket in October, food inflation at 10.87%, CPI at 6
Updated : 1 year, 4 months ago IST
India's retail inflation was at 6.21 per cent in October, breaching the Reserve Bank of India's 6 per cent upper tolerance level.
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Subsidized Bharat brand rice, wheat being made available to consumers in P
Updated : 1 year, 4 months ago IST
The government has commenced Phase - II of the retail sale of Bharat brand atta and rice by flagging off mobile vans of agencies NCCF, NAFED and Kendriya Bhandar on Tuesday.
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