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Friday, March 29, 2024
TopicFood inflation

Topic: Food inflation

Govt to take medium-term view to combat inflation, reports Business Standard

India's retail inflation in July rose to 7.44%, its highest in 15 months, breaching the RBI's upper tolerance level of 6% for the first time since February 2023.

‘Even tomatoes need a vacation’ — Burger King ditches tomatoes as India battles food inflation

The burger chain joins many McDonald's and Subway stores that have removed tomatoes from menus as the country's food inflation this week hit its highest since January 2020.

Tomatoes are still driving food price inflation, but here’s why relief could be on the horizon

Tomatoes still cost about Rs 110 per kg on average, but government measures and the influx of the kharif crop this month could take prices out of the red.

Spike in food, vegetables prices pushes retail inflation to 15-month high of 7.44% in July

Government data shows that the inflation in the food basket was 11.51% in July compared to 4.55% in June and 6.69% in July 2022.

Wholesale inflation stays in negative for 4th month at (-)1.36% in July on easing prices of fuel

Fuel and power basket inflation eased to (-)12.79% in July from (-)12.63% in June. In July last year it was 14.07%.

Not just tomatoes. Pulses, cereals & spices behind India’s food inflation — 3.35% in May to 4.7% in June

Food price hike driven by higher rates of vegetables, pulses & their products, spices, eggs, meat and fish. While jump in vegetable prices expected, inflation in cereals & their products worrying.

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...

Vendors blame rains for disruption in tomato supply, leading to retail prices hike in Delhi

Local vendors are selling tomatoes in price range of Rs 80-Rs 120/kg Delhi NCR gets tomato supply from neighbouring states such as Haryana and Punjab and the hill states.

Wheat output 10% lower than govt estimates amid sharp rise in local prices, says trade body

Wheat prices in New Delhi have jumped 10% in the past two months to 24,900 rupees ($303) a metric ton.

Inflation may be easing, but near-future upside risks mean RBI should leave interest rates unchanged

Factors like unfavourable weather, uncertainty over oil prices, demand from China’s re-opening & intensification of geo-political conflicts could pose upside risks to inflation outlook.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

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.