Tag: Food Inflation
Wholesale inflation eases to 9.8% on softer energy prices
New Delhi: India’s wholesale inflation eased marginally to 9.8% year-on-year in July from 9.9% in June and May, as softer energy prices offset rising inflation…
India’s wholesale inflation eases to 9.78% in July from 9.87% in June
India’s wholesale inflation eased to 9.78% year-on-year in July from 9.87% in June, according to data released by the commerce ministry on Friday. The June…
Crop prices hit three-year high as heat, war stoke supply fears
Crop prices rose to a three-year high as heat waves and escalating attacks in the Black Sea threatened to disrupt global grain trade, reviving risks…
External sectors steady despite geopolitical uncertainties: RBI
Mumbai: India’s external sector remains steady, with an improving outlook aided by foreign investment inflows despite global uncertainties, the Reserve Bank of India (RBI) said…
Macros strong, but weak rains, war can hit growth: RBI Guv Sanjay Malhotra
MUMBAI: Reserve Bank of India (RBI) Governor Sanjay Malhotra said risks from the West Asia conflict and the likelihood of a weak monsoon could weigh…
Retail Inflation up to 4.4% on costlier food, transport
New Delhi: India’s retail inflation climbed to 4.4% in June, exceeding the central bank’s 4% target, due to higher food and transport costs, according to…
Deficit shrinks to 15% but uneven rains fan Kharif concerns
New Delhi: The southwest monsoon has recovered sharply after a weak June, but its uneven distribution continues to pose risks to the ongoing kharif season…
Kharif sowing picks up, but still 21% below last year
New Delhi: Kharif sowing has gathered pace over the past few days as the southwest monsoon advanced across the country. However, the total area under…
Weak monsoon threat looms; food inflation fears rise
New Delhi: Trends show that moderate or stronger El Nino events have often coincided with weak monsoons, said a report by rating agency Care, indicating…
Finance ministry economic review: Lithe policy, inflation check to keep growth healthy
New Delhi: India must maintain policy agility to safeguard its growth and keep inflation in check amid the West Asia war, the finance ministry said…