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.
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.
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.
The Food and Agriculture Organization's price index averaged 126.9 points last month against 129.7 for February. It was the lowest reading since July 2021.
Fuel and power inflation in January was 15.15%, down from 18.09% in December, while inflation on manufactured products rose 2.99% from 3.37% last month.
'We have to keep an eye on oil prices, but don't expect any big spike in food prices' said CEO of Esquire Capital Investment Advisors."Maybe the worst of inflation is over," he added.
Meghnad’s interest went much beyond economics and politics. This is reflected in his writing, particularly after his retirement as a full-time LSE professor in 2003.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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