-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws.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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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 »When Calamity Strikes, Think Local -Malini Shankar
-IPS News Bhubaneswar: More than a month after Cyclone Phailin battered Orissa, tribes in the eastern Indian coastal state are still feeling its wrath. Besides the damage to their homes and hearths, it has also meant a loss of their traditional food. "Calamities like Cyclone Phailin affect all equally, but the tribes are far more vulnerable to the impact of calamities because of lesser resilience," Special Relief Commissioner P.K. Mahapatra tells IPS. This...
More »Back from the brink -M Suchitra
-Down to Earth A Kerala village grows organic pokkali rice after 25 years Harvest of pokkali rice in Kerala's Ezhupunna village, which began on October 27 and lasted three weeks, was nothing short of a local event. After all, the indigenous, saline and flood-resistant rice variety was cultivated in the village after 25 years. People in the village had to wage a long battle to be able to cultivate the crop once...
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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