Govt expects tomato prices to cool in coming days

Govt expects tomato prices to cool in coming days

The spike in tomato prices to over Rs 60 per kg due to disrupted supplies from rain-hit South India is "temporary" and rates are expected to ease in coming days, government said Wednesday.

Has govt failed to contain dal prices?

Dal prices rose to a record high of Rs 210 per kg sending the government into fire fighting mode.

Watch our programm 'Has govt failed to contain dal prices?' on Taal Thok Ke Extra Strong.

WPI inflation at (-)4.54%; pulses, onion continue to sting

WPI inflation at (-)4.54%; pulses, onion continue to sting

The Wholesale Price Index-based inflation came in at (-)4.95 percent in August. It has been in the negative zone since November. In September last year, inflation was 2.38 percent.

Price situation under control: Arun Jaitley

Price situation under control: Arun Jaitley

Attributing rise in prices of certain food items to seasonal factors, Finance Minister Arun Jaitley Monday said inflation overall is moderating and the price situation is under control.

Wholesale onion price soars 70% in a month

Wholesale onion price at Lasalgoan in Maharashtra, Asia's biggest market for this kitchen staple, has shot up by 70 percent in just about a month -- hitting its highest level for the month of July in the past two decades.

British inflation rate falls back to zero

Britain`s annual inflation rate turned flat in June from the previous month on the back of falling clothing and food prices, official data showed Tuesday.

June retail inflation at 8-month high of 5.4%

On the back of higher prices of food items, fuel, housing, clothing and footwear, retail inflation rose to 5.4 percent in June, an 8-month high, as compared to the 5.01 percent in May.

Crack down on hoarders, ensure food supplies: Centre to states

Crack down on hoarders, ensure food supplies: Centre to states

Fearing spurt in vegetable prices, the Centre on Tuesday asked states to crackdown on hoarders, ensure adequate supplies and remove inter-state trade barriers even as it considers making a second import of pulses to cool prices.

Will not allow prices of food items to rise: Govt

Will not allow prices of food items to rise: Govt

The government on Thursday said it will not allow prices of essential food items to increase due to the impact of possible deficient monsoon this year.

Food price surge puts Raghuram Rajan on the back foot

RBI Governor Raghuram Rajan has cut interest rates three times this year to boost growth, but he has since warned he will not cut again if poor rains drive up prices and threaten his inflation target.

Is govt prepared to tackle food inflation due to deficient rains?-Part 2

India’s Meteorological Department has forecast a second consecutive year of weak rainfall. How will the govt cope up with deficient rains and handle Inflation?

Is govt prepared to tackle food inflation due to deficient rains?

India’s Meteorological Department has forecast a second consecutive year of weak rainfall. How will the govt cope up with deficient rains and handle Inflation?

RBI monetary policy review: Inflation expected to rise to 6% by January 2016

The Reserve Bank on Tuesday said assuming reasonable food management, inflation is expected to be pulled down by base effects till August but to start rising thereafter to about 6 percent by January 2016 – slightly higher than the projections in April.

Inflation will not be a significant challenge: FM

Finance Minister Arun Jaitley Wednesday said inflation will not be a significant challenge though there is a possibility of below average monsoon and food prices getting impacted.

WPI inflation to dip further to (-)3% in May: Report

WPI inflation is expected to decline further to about (-)3 percent in May despite concerns over weak monsoon and strengthening crude prices, says an SBI research report.

India Inc renews rate cut demand as inflation touches new low

With inflation dropping to a new low in April, industry bodies have reaffirmed demand for a rate cut, saying it provides ample space for the RBI to slash the key policy rate to fuel investments and propel growth.

Retail inflation eases to 4-month low at 4.87% in April

Retail inflation in April softened further and fell to a four-month low of 4.87 percent as prices of food items, vegetables and fruits turned cheaper.

Retail inflation in April eases further to 4.78%

On the back of easing food prices, the retail inflation for the month of April cooled down further to a 4-month low of 4.78 percent as against 5.17 percent in the month of March.

Asia braces for crop damage as El Nino remains certain

Asia braces for crop damage as El Nino remains certain

In 2009, the El Nino brought the worst drought in four decades to India. It razed wheat fields in Australia and damaged crops across Asia. Food prices surged. A closely watched forecast by Japan will confirm its return this year as all but certain now.

Brokerages see scope for 0.25% rate cut in June 2 policy meet

The Reserve Bank of India (RBI) is expected to cut rates in its June policy review meeting on softening food prices, analysts have said.