Tag: Food Inflation
How Sitharaman thinks a reallocation of land where farmers grow their vegetables will ease price pain?
As Indians looks for relief from ongoing pinch in their pockets, Finance Minister Nirmala Sitharaman after presenting the first Union Budget of Prime Minister Narendra…
Union Budget: Budget 2024: Increased outlay of Rs 10,000 cr win-win for farmers & consumers
The record budget allocation of ₹10,000 crore for price stabilisation will be used to augment procurement of pulses, onions and other essential food items by…
Why onion, tomato prices rose in 2 years. Economic Survey’s ‘climate’ reason
Jul 22, 2024 02:54 PM IST The Economic Survey said that food inflation has been a global phenomenon in the last two years. The Economic…
Govt likely to cut wheat-import duty, raise stock limits to tame prices
The Union government is considering a cut in the import duty on wheat, which currently stands at 40%, along with “higher stock-holding limits” to ease…
Eurozone economic downturn steepens in July
BRUSSELS: Eurozone economic activity shrank at its fastest rate in eight months in July, as a contraction gathered pace on the back of cuts in…
US trade deficit eased from record high in May on fall in imports
WASHINGTON: The US trade deficit shrank in May on a sharp decline in imports, according to government data released on Wednesday, easing slightly after rising…
UK environment minister Zac Goldsmith quits with swipe at ‘uninterested’ PM Rishi Sunak
LONDON: British international environment minister Zac Goldsmith resigned on Friday, saying Britain had lost its claim to a global leadership role on climate and Prime…
US economic growth last quarter is revised up to a 2% annual rate
WASHINGTON: The US economy grew at a 2% annual pace from January through March as consumers spent at the fastest pace in nearly two years,…
MPC minutes: No change in rates but RBI red-flags likely food inflation
Positive real interest rates obviate the need for further monetary policy tightening to restrain inflation, but the likelihood of a surge in farm product prices…
Japan: Wages are finally rising in Japan, as inflation eats away at consumer gains
TOKYO: Wages are rising in Japan more than they have in decades, at least for some workers. But so are prices, leaving many people feeling…