-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
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India’s fiction of victory at Bali - Biraj Patnaik
-Live Mint By giving in to pressure from the US and EU, India has landed itself and the developing world in a bad trade deal The stenographic cacophony in the Indian media had a singular triumphalist message from the ninth World Trade Organization (WTO) ministerial meet in Bali: India had secured a major victory by safeguarding its food security programme and stood its ground against the US and the European Union...
More »Inflation at 14-Month High, Food Prices Rise by 20%
-Outlook Costly vegetables, particularly potato and onion, pushed the November wholesale inflation to a 14-month high of 7.52 per cent, making it difficult for the Reserve Bank to ease key policy rate. Vegetable prices shot up by 95.25 per cent in November as compared to 78.38 per cent in the previous month, said the Wholesale Price Index (WPI) inflation data released today. The overall inflation in the food segment comprising wheat, pulses, vegetables,...
More »Creating a transparent market for cotton growers-MJ Prabu
-The Hindu Appachi eco-logic cotton project is a unique organic cotton contract farm model in the Western Ghats region of Kabini Reservoir. The project covers nearly 1,200 farmers spread over 1,875 acres. Over 17 per cent of the area comes under reserve forests of both Karnataka and Tamil Nadu and exposing the cultivation fields to wild animal attacks is forcing farmers to start cotton cultivation on a mono cropping basis instead of...
More »Prices of pulses to remain subdued for next few months: Crisil
-PTI MUMBAI: Prices of pulses are expected to remain low in the next few months following good monsoons, high acreage, lower hikes in minimum support price and moderate demand, according to a report by rating agency Crisil. "Pulses inflation is likely to stay low over the next few months thanks to good monsoons, higher acreage, lower hikes in minimum support prices and moderate demand," the CrisilBSE -0.74 % report said. Food inflation in...
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