No proposal to raise food price in Parl canteen: Panel chief

Notwithstanding the controversy over subsidised food in Parliament canteen, no proposal to raise price is on the cards as the concerned committee insists that such a measure would only hit hard employees and representatives of the media.

WPI inflation to be in negative zone in March: D&B

The headline WPI inflation is expected to be in the range of (-) 0.2 percent to (-) 1.8 percent during March this year.

We have been able to bring food inflation under control: Arun Jaitley

With the wholesale price index inflation falling to a 5-year low in September, Finance Minister Arun Jaitley on Tuesday said the government has been able to bring food inflation under control.

September retail inflation likely eased on lower food, fuel costs

The RBI has set a target of bringing inflation down to eight percent by January 2015 and six percent by January 2016.

Tackling food inflation top priority for the govt: Jaitley

Finance Minister Arun Jaitley Wednesday said controlling food inflation, which has been consistently hovering around the double-digit mark, is a "top priority" for the government.

Poverty, food price and inflation a major concern: Pranab Mukherjee

President Pranab Mukherjee on Thursday said poverty, food price and inflation were still a major concern in the economic development of India and that it was the decisive challenge of our time to end the curse of poverty.

More than 2.2 billion people `poor or near-poor`: UN report

More than 2.2 billion people are "poor or near-poor", with financial crises, natural disasters, soaring food prices and violent conflicts threatening to exacerbate the problem, a United Nations report said on Thursday.

Govt taking all possible measures to control inflation: Naqvi

Bharatiya Janata Party leader Mukhtar Abbas Naqvi said that the government is taking all possible measures to control inflation but the Congress party is unnecessarily blaming BJP.

World Bank sounds alarm on rising global food prices

World food prices rose in the first quarter of the year for the first time since their all-time high in August 2012, driven by rising demand in China, drought in the United States and unrest in Ukraine.

Retail inflation eases to 2-year low of 8.10% in February

Retail inflation eased to a two year low of 8.10 percent in February on account of lower food prices compared to the 8.79 percent in January.

World food prices are steadying: United Nation

World food prices are stabilising after a long period of extreme volatility, the UN`s food agency said, as it presented new data showing food prices rose only slightly in October.

Food price volatility a matter of concern: World Bank

The World Bank President, Jim Yong Kim on Monday expressed concern over food price volatility globally and the impact it might have on the poor as a result of the drought like situation in countries like the United States and India.

Global food prices likely to be high in July: FAO

Global food prices are expected to be high on account this month, due to spurt in prices of various commodities from June-end onwards, following adverse weather conditions, United Nation's body FAO said Thursday.

Pricey food, crude oil may have caused inflation in past 2 yrs

Rise in food and crude oil prices could have contributed to high in inflation in past two years despite tight monetary policy, says a RBI working paper.

Inflation rises to 7.55% in May, highest in a year

Led by rising prices of vegetables and petrol, inflation moved up to 7.55 percent in May making it tougher for the Reserve Bank to cut interest rates in its policy next week to boost sagging growth.

Global food prices decline in May, lowest since Sept 2011: FAO

Global food prices dropped sharply last month, the lowest since September 2011, on account of increased supplies, growing global economic uncertainties and a stronger US dollar, United Nation's body FAO said Thursday.

Retail inflation rises to 8.65% in March

The retail inflation for industrial workers stood at 8.65 percent in March, higher than 7.57 percent in February due to a spurt in food prices.

Retail prices of essential food items rose in April: Thomas

The retail prices of essential food items like edible oils, pulses, vegetables and milk rose last month in metropolitan cities of Delhi, Mumbai, Chennai and Kolkata, Parliament was informed Monday.

Inflation declines marginally; essential items remain costly

Overall inflation fell marginally to 6.89 percent in March but prices of essential items like pulses, potato and milk remained "disturbingly" high, prompting Finance Minister Pranab Mukherjee to state that the government would have to address the problem.

Inflationary expectations to be 6-7%: Pranab

Finance Minister Pranab Mukherjee on Saturday said that inflationary expectations would be in the six to seven percent range.