Food inflation fell to a single digit at 9.5 per cent for the week ended March 19 amid easing pulses prices, even as fruits and protein-based items remained costly. Food inflation based on the wholesale price index (WPI) had risen to 10.05 per cent for the preceding week leading up to March 12 after remaining in a single digit for two weeks. During the week ended March 19, prices of...

The Commission for Agricultural Costs and Prices may recommend higher prices in its report. The Commission for Agricultural Costs and Prices (CACP) may recommend higher minimum support price (MSP) for cotton and sunflower in its report. “Cost of production for most crops have gone up by 10-30 per cent over the last year, due to higher inputs costs like labour and fodder. Cotton has fetched higher market prices compared to its MSP...

Tomatoes are expected to fetch a wholesale price of Rs1,150-1,350 per quintal in October this year, more than what is expected in August and September, according to an econometric analysis by GB Pant University of Agriculture and Technology. Under a project, 'Establishing and Networking of Market Intelligence Centres in India,' underway at the Pantnagar- based varsity to help farmers know the likely prices of agriculture commodities well in advance of sowing,...

By all indications, FDI in multi-brand retail is a fait accompli. Or so we have been told time and again by everyone, the PM downward. The “question is at what point of time it should be done”. This remark from Pranab Mukherjee in a post-budget TV interview may have revealed that the debate has moved beyond whether to permit FDI in multi-brand retailing—the lifeline of small- and medium-sized neighbourhood stores....

Is price rise going to be a permanent fixture because of India's high growth rate? This appears to be the argument put forward by the government's top economic advisers in the recently issued Economic Survey. It argues that historical experience shows that consumer prices increase faster in countries going through a fast growth phase compared to those with slower growth rates. But analysing inflation and growth data collected by the International...