Search For "food inflation"
High prices of imported crude, gold, and chemicals contributed to high inf
Updated : 1 year, 4 months ago IST
India's imported inflation reached a 13-month high in September 2024, growing by 2 per cent, according to a report by the State Bank of India (SBI).
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Mandi prices of tur, urad declined 10% in past three months, says Centre
Updated : 1 year, 5 months ago IST
India's growing demand for protein-rich diets has led to an increase in pulse consumption, but the country still relies heavily on imports to meet its domestic requirements.
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Food inflation to moderate, but any surprise in monsoon or floods may trig
Updated : 1 year, 6 months ago IST
A rise in reservoir levels, coupled with improved sowing of kharif crops are expected to keep the supply-side concerns at bay for some time, the report prepared by the lender's research team said on Friday.
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Cost of vegetarian thali drops by 8 per cent, non-vegetarian thali price d
Updated : 1 year, 6 months ago IST
The softening of retail inflation has started reflecting in the food plates, as the cost of both vegetarian and non-vegetarian thalis (full meals) saw a notable drop in August 2024 compared to the same time last year and the previous month, CRISIL MI&A Research noted in its latest report
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RBI to focus on disinflation, food inflation sticky to core, says RBI's MP
Updated : 1 year, 6 months ago IST
Das said, "Inflation is gradually trending down, but the pace is slow and uneven. The durable alignment of inflation to the target of 4.0 per cent is still some distance away. Persistent food inflation is imparting stickiness to headline inflation. Inflation expectations need to be kept a
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India's retail inflation softens and align with RBI's 4% target
Updated : 1 year, 7 months ago IST
According to data released by the Ministry of Statistics and Programme Implementation on Monday, retail inflation or Consumer Price Index in July was at 3.54 per cent.
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High food prices raise concerns but improved monsoon offers hope for RBI:
Updated : 1 year, 7 months ago IST
The ongoing volatility in the prices of key food items such as tomatoes, onions, and potatoes (collectively known as TOP) and pulses continues to pose significant challenges for the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), highlights a report by SBI.
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A rate cut is unlikely before December, it may even be pushed back furthe
Updated : 1 year, 7 months ago IST
BOB also cautioned that the rate cut could be further delayed if inflationary pressures persist. With the Monetary Policy Committee (MPC) voting 4-2 in favour of maintaining the current policy stance, the decision underscores a growing divide among its members regarding the direction of mone
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RBI expected to hold repo rate steady in upcoming MPC meeting: Care Edge
Updated : 1 year, 7 months ago IST
Adding the reasons behind its anticipation, the credit agency further emphasized factors such as the inflation and, overall risk of food inflation due to the above-normal monsoon will influence the decision of the monetary committee.
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No rate cut on Thursday MPC meeting, RBI may cut rate in October policy re
Updated : 1 year, 7 months ago IST
The Reserve Bank of India (RBI) has started its three-day monetary policy committee (MPC) meeting in Mumbai on Tuesday.
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SBI report cautions food price rise over possible crop loss due to excess
Updated : 1 year, 7 months ago IST
With La Nina getting precedence going ahead, excess rainfalls could result in crop loss and thus a negative impact on food prices, SBI Research report, authored by Soumya Kanti Ghosh, Group Chief Economic Advisor, said.
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RBI unlikely to cut repo rate on August 8 monetary policy: Experts
Updated : 1 year, 7 months ago IST
The Reserve Bank of India (RBI) is unlikely to change the repo rate, say experts. The three-day monetary policy committee (MPC) meeting to decide on policy rates begins tomorrow, August 6.
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