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Friday, April 26, 2024
TopicFood prices

Topic: Food prices

Wealthy shoppers or weak supply chains? What’s driving Haryana’s soaring inflation rate

Haryana saw 2nd-highest inflation rate in India last month. State govt pegs it on ‘purchasing power’, opposition on ‘mismanagement’, and economists on food prices & poor supply chains.

Wholesale price index falls 0.52% in August y/y, says govt data

Data shows retail inflation eased in August as food prices moderated, but remained above upper end of RBI’s target band for a 2nd consecutive month, keeping policymakers watchful.

UN rights chief blames Russia for quitting Black Sea grain deal, says it’s ‘forced prices sky-high’

Russia quit the UN-brokered grain deal, aimed at easing a global food crisis, in July.

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.

Retail inflation to reach 6.5% in July, vegetable prices to remain high due to erratic monsoon

Tomato prices are particularly hot, surging more than 1,400% at the wholesale market to a record 140 rupees per kg in the past three months.

Why India’s non-Basmati rice export ban could hit global markets hard

Even as rice prices have risen 11% year-on-year in July, the government has taken several steps in last few months to cool inflation in the key food grain.

McD to Modi, inflation to Opposition — tomato prices have spared none. Is it the next onion?

The rising prices have created a market for alternatives to fresh tomatoes. Google trends data shows Indians are turning to tomato puree and ketchup.

Armed with basket of veggies worth ‘Rs 1,070’, Congress slams ‘Mehngai Man’ Modi over inflation

Congress attack comes as price of commercial LPG cylinders goes up by Rs 7. Party also demands scrapping of GST on essential items like flour & curd.

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.

World food prices rise in April for first time in a year, says UN food agency

The FAO price index, which tracks the most globally traded food commodities, averaged 127.2 points last month against 126.5 for March. The March reading was originally given as 126.9.

On Camera

Maps from a German bookstore started the race to Siachen Glacier

German mountaineers Stallbohm and Poncar recall their interactions with Col. Narendra ‘Bull’ Kumar and shed light on the maps they gave him which drew his attention to Siachen.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Rafale to Exercise Garuda, a look at Indo-French defence ties as Chief of Defence Staff visits France

Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.