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Govt will work to further bring down inflation: Nirmala Sitharaman in Lok Sabha

-PTI/ The Telegraph Experts say a high base of last year and some easing in food prices also worked in favour of the November 2022 wholesale price index The wholesale price-based inflation fell to a 21-month low of 5.85 per cent in November as prices of food, fuel and manufactured items softened. The WPI (wholesale price index) based inflation has been on a declining trend since May and came down to single digit...

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PS Vijayshankar, an expert on sustainable farming and water resource management, interviewed by Shreehari Paliath (India Spend)

-India Spend India's transition to sustainable farming has to be calibrated and orchestrated well, drawing lessons from the successes of India's Green Revolution and the recent crisis in Sri Lanka, says sustainable farming expert P.S. Vijayshankar Bengaluru: The production-centric intensive agriculture brought about by India's Green Revolution in the 1960s, using high-yielding seeds, fertilisers and high levels of groundwater utilisation, helped India achieve food self-sufficiency by the 1970s, but has created a...

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Inflation at 11-month low, eases to 5.88%

-Hindustan Times Retail inflation in November dipped below 6% for the first time in 11 months, beating analyst estimates, on the back of a sharp deceleration in food prices, especially of vegetables and edible oils, although a spike in cereal prices is a matter of concern. New Delhi: Retail inflation in November dipped below 6% for the first time in 11 months, beating analyst estimates, on the back of a sharp deceleration...

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Retail inflation falls to 11-month low of 5.88 per cent in November

-PTI/The Telegraph In December 2021, the retail inflation stood at 5.66 per cent Retail inflation dipped below the RBI's upper tolerance level of 6 per cent for the first time in 11 months in November as softening prices of food items brought relief but the central bank may wait for more data before pausing hikes in interest rates. As per the data released by the National Statistical Office (NSO) on Monday, the consumer...

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What is in store for India’s imports?

There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...

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