Search For "food inflation"
Uncertainties in food prices to push inflation higher in November-December
Updated : 2 years, 2 months ago IST
Uncertainties in food prices along with unfavourable base effects are likely to lead to a pick-up in retail inflation in November and December, the monetary policy committee of the Reserve Bank of India observed in their latest review meeting.
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India extends import duty reduction for some edible oils by a year
Updated : 2 years, 2 months ago IST
The central government has extended the reduced import duty regime for some of the key edible oils by a year as it makes interventions to keep food inflation in check.
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After seven months, India's wholesale inflation back in positive territory
Updated : 2 years, 2 months ago IST
Wholesale inflation in India, based on the Wholesale Price Index, is back in positive territory after staying in the negative zone for the seventh straight month until October.
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India's inflation further eases; here's what experts have to say
Updated : 2 years, 3 months ago IST
Retail inflation in India continued to ease through October, supported by a relative decline in some of the sub-indexes. The October consumer price index (CPI) came at a four-month low of 4.87 per cent against 5.02 per cent the previous month, official data showed.
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Centre starts releasing onions from buffer stock to rein in prices
Updated : 2 years, 7 months ago IST
The buffer stock is maintained to meet any exigencies and for price stabilisation, if rates go up significantly during the lean supply season.
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Centre to offload 75 lakh tonne wheat, rice combined to check price rise
Updated : 2 years, 7 months ago IST
The central government has decided that the Food Corporation of India (FCI) shall offload 50 lakh tonnes of wheat and 25 lakh tonnes of rice in the open market in a phased manner under, the Union food ministry said in a release on Wednesday.
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Inflation in India showing signs of pressure over food prices: Crisil
Updated : 2 years, 7 months ago IST
According to the rating agency’s report, food inflation in India, which accounts for a sizeable 39 per cent of the headline Consumer Price Index (CPI), is showing renewed signs of pressure.
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Continued vigil on inflation needed given erratic monsoon progress: SBI Re
Updated : 2 years, 8 months ago IST
SBI Research, in its latest 'Ecowrap' report, noted that a continued vigil on the evolving inflation outlook is warranted given the erratic progress of monsoon and its impact on Kharif crop sowing, and subsequently on overall food inflation.
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Per plate food cost in India inched up in past two months: Crisil report
Updated : 2 years, 8 months ago IST
The per plate cost of veg and non-veg thali in India, which has been on a decline since October 2022, nosed up in May and June 2023, according to a Crisil Ratings report.
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Tomatoes out of commoners' reach in India; selling at over Rs 100
Updated : 2 years, 8 months ago IST
Many attribute the sharp rise in the vegetable to heatwaves in key tomato-growing areas and heavy rains, as well, as disruption in supply chains. Tomatoes, which have a relatively lower shelf life, could also have put pressure on their prices.
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Commodity prices, barring precious metals, likely to moderate in 2023: Fin
Updated : 2 years, 9 months ago IST
Prices of all commodities, barring precious metals, are likely to moderate in the current year, the Ministry of Finance said in its Monthly Economic Review report. However, they are still expected to remain well above pre-pandemic levels.
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'India has managed food inflation very well in difficult global conditions
Updated : 2 years, 10 months ago IST
The consumer food price index (CFPI) in India moderated to 4.79 per cent in March this year, down from 5.95 per cent in February and 7.68 per cent in March 2022
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