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Friday, March 29, 2024
TopicCommodity prices

Topic: Commodity prices

Cheaper vegetables help ease food & retail inflation, but cereals & pulses continue to cause concern

India’s retail inflation for August came in at 6.83 percent as compared to the same month last year, lower than 7.44 percent in July....

Heatwave & heavy rainfall or typical annual spike? What’s causing tomato prices to skyrocket

India’s retail inflation eased to a 25-month low of 4.25 per cent in May from 4.7 per cent in the previous month. Food and...

Wholesale inflation in February eases to 3.85, lowest in over two years

WPI is dragged down by a fall in overall input costs for manufacturers on the back of favourable commodity prices. It was recorded at 4.73 per cent in January.

Data vs atta, petrol, LPG: How dirt-cheap mobile internet contrasts with surging food, fuel prices

Analysis of govt data shows that while price of mobile data is one-twentieth of what it was 6 yrs ago, LPG price is up 73%, atta prices up by over 28%.

Indian economy has a twin deficit problem. To counter it, govt needs to juggle growth & stability

The government will have to do a balancing act, maintaining growth and macroeconomic stability by keeping fiscal and current account deficits within manageable limits.

Stocks and commodities tumble as China lockdown fear rattles investors

The Stoxx 600 Europe Index fell more than 2%, with miners & energy firms at forefront of losses. US equity futures fell, S&P 500 contracts down about 1% after gauge shed 2.8% on Friday.

Modi govt reduces custom duties on edible oils to ease elevated level of retail prices

The base import tax on crude palm oil, crude soy oil and crude sunflower oil has been reduced to 2.5 per cent, the Finance Ministry said in a notification issued late Friday.

Of the three farm laws, Essential Commodities Act 2020 most business friendly

The Essential Commodities (Amendment) Act 2020 may not be so detrimental to the farmers producing surpluses. It is the consumers who may have to worry.

It’s an illusion that Modi govt controls India’s economic destiny

A heady era has lulled investors into believing that India’s omnipotent PM determines India’s economic destiny. But things might be about to change. 

On Camera

Oka to Nagarathna—Bombay High Court judges taking up the cudgel when faith in courts eroding

When lynching, hate speech and bulldozer politics do not speedily invite the wrath of courts, then something is wrong with the third pillar of governance.

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.