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 India targets middlemen in food chain as inflation bites

India targets middlemen in food chain as inflation bites

Last Updated: Friday, July 11, 2014, 14:13

Every few weeks farmer Jay Narayan Singh hauls onions and potatoes in a hired lorry to a wholesale market an hour`s drive from his home in the country`s northern plains, only to sell his vegetables at a quarter of the prices retail consumers pay.

Poor monsoon threatens first drought in five years

Poor monsoon threatens first drought in five years

Last Updated: Friday, July 11, 2014, 09:10

A poor monsoon cuts exports, stokes food inflation and leads to lower demand for products ranging from cars to consumer goods.

Determined to bring down consumer inflation: Raghuram Rajan

Last Updated: Thursday, July 10, 2014, 20:11

Rajan added bringing down inflation was the responsibility of both the government and the central bank, echoing previous ones he has made on the topic.

Congress holds protest in Rajasthan over inflation

Last Updated: Wednesday, July 09, 2014, 20:48

Rajasthan Congress today held a protest here, accusing BJP of "betraying" people by failing to take measures to curb inflation and not providing them relief after coming to power both at Centre and the state.

Price rise to be checked despite below normal monsoon: Govt

Last Updated: Wednesday, July 09, 2014, 20:16

Under attack over food inflation, the government on Wednesday asserted that it will control price rise despite below normal monsoon and there is no need for panic.

Economic Survey 2013-14: Survey spells out 3-pronged strategy to deal with stagflation

Last Updated: Wednesday, July 09, 2014, 18:46

Stagflation is a condition of slow economic growth accompanied by persistent high inflation and unemployment.

Economic Survey 2013-14: Protectionism, wage inflation challenge IT-ITeS sector

Last Updated: Wednesday, July 09, 2014, 13:56

India's leadership position in the IT-ITeS space globally may be well established, but challenges around protectionism, wage inflation and currency volatility need to be addressed, a government document said Wednesday.

Economic Survey 2013-14: Inflation expected to moderate by end 2014

Last Updated: Wednesday, July 09, 2014, 13:55

As the new government battles stubbornly high food inflation, the pre-budget economic survey on Wednesday predicted that the headline inflation would ease by year end, providing room to the RBI to cut interest rates.

Economic Survey 2013-14: WPI Inflation shows sign of receding fell to 5.98%

Last Updated: Wednesday, July 09, 2014, 13:15

The Economic Survey 2013-14 states that in comparison to previous years, inflation is showing signs of receding, with the average wholesale price index (WPI) inflation falling to a three-year low of 5.98 percent during 2013-14, compared to seven and nine percent over the previous two years.

'Commodity trading is not responsible for price rise'

Last Updated: Wednesday, July 09, 2014, 11:36

Commodities are not responsible for price rise. It is demand and supply scenerio which causes inflation.

China June consumer inflation cools, more stimulus expected

Last Updated: Wednesday, July 09, 2014, 11:17

The consumer price index (CPI) rose 2.3 percent in June from a year earlier.

Monetising of gold will not be helpful in checking inflation

Last Updated: Tuesday, July 08, 2014, 17:59

Commodity Transaction Tax (CTT) should be withdrawn so that the volumes can be brought back on the exchanges.