Wednesday, 29 June, 2022
TopicFood inflation

Topic: Food inflation

Why India shouldn’t get carried away by wheat, rice export bonanza due to Ukraine war

Modi govt must assess food inflation and the domestic requirement of wheat and rice in a war-ravaged year. Data on procurement doesn't look good.

Why Indians have to resign to the fact that food prices will stay high this year

For India, food will be dearer in 2022. The tradeoff between high growth and high inflation is tricky, and RBI has the unenviable task of balancing it.

How Russia-Ukraine war is leading to Central Asian nations going hungry

Rising food prices—a result of both Western sanctions on Russia and of the integration of national economies—have set the alarm bells ringing across Central Asian countries.

Wheat price surges to all-time high as Russian invasion cuts off supplies from Ukraine

Ukraine and Russia together account for over a quarter of global trade of wheat. The war has closed major ports in Ukraine, and severed logistics and transport links.

How govts across the global are battling priciest food rates since 1970s

In India, Modi govt is distributing free rice & wheat and has implemented trade measures to shield consumers, including cutting duties on palm, soybean, sunflower oils and lentils.

Big Basket, Amazon, Flipkart are struggling to find e-vehicles for their delivery fleets

India’s delivery giants are finding there aren’t many models available that can be deployed at scale, and what supply there is can’t keep up with demand.

Inflation will moderate — 5 reasons why you should not worry too much about high prices

The May inflation figure may be somewhat inaccurate, with the rise appearing to be mainly due to higher global crude oil prices, commodity prices, and supply-side disruptions.

Why higher inflation could be India’s next big worry amid worsening Covid crisis

Higher global inflation, rising commodity prices, a weaker rupee and local lockdowns could bring in higher prices.

Retail inflation climbs to 5.52% in March, Industrial production contracts 3.6% in February

The rate of price rise in the food basket accelerated to 4.94% in March. Meanwhile, manufacturing sector output declined by 3.7% and mining output slipped 5.5% in February.

WPI inflation rises to 4.17% in February on costlier food, fuel, power

After witnessing months of softening of prices, the food articles in February saw 1.36 per cent inflation. In January it was (-) 2.80 per cent.

On Camera

YourTurn

Biden calls on Congress to suspend gas tax for three months

Will US craft a new oil compact with Saudi Arabia? Joe Biden may have to eat his own words

Like many, India will be anxiously watching the US-Saudi Arabia summit in Jeddah—knowing its fate is tied to the decisions King Salman and Joe Biden make.
File photo of Isha Ambani, daughter of billionaire Mukesh Ambani | Bloomberg

Mukesh Ambani’s daughter Isha Ambani to be named chair of Reliance retail

Isha Ambani, the current director of Reliance Retail Ventures Ltd., is expected to be announced as the chair as early as Wednesday.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
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