-The Hindustan Times Prices of almost all everyday products and services - from food to footwear and movie tickets to medicines - saw a sharp rise in October, pushing retail inflation to 10.09%, the highest in seven months. Costlier onions and tomatoes saw retail inflation - a measure of prices that are asked of you at a shop - cross the double-digit mark for the first time in seven months, indicating Indians...
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5-kg LPG cylinder to be sold beyond metros-Sujay Mehdudia
-The Hindu Petroleum Ministry targets BPO, IT professionals and migratory population Seeking to target the new emerging segment of consumers such as IT professionals, BPO employees, migratory population and students who want LPG cylinder for their use but unable to provide proper proof of address (POA), the Petroleum Ministry has decided to focus on the sale of non-subsidised 5 kg LPG cylinders from petrol pumps beyond metro cities and extend it to...
More »After vegetables, rice to get pricier with floods, drought -Sutanuka Ghosal
-The Economic Times A decline in paddy production in eastern states and Andhra Pradesh has triggered speculation of a lower rice output this year, stoking a 10-30% spike in prices at a time when high vegetable prices have pushed inflation to a seven-month high. Floods and incessant rains in major rice producing states such as West Bengal, Odisha, Bihar and Andhra Pradesh during the harvesting period have affected the paddy crop. Talking to...
More »Mamata Banerjee stops movement of potatoes from West Bengal, other states hit -Sutanuka Ghosal & Bikash Singh
-The Economic Times KOLKATA/ GUWAHATI: Mamata Banerjee's decision to stop movement of potatoes from the state has made the tuber go beyond the reach of common people in states of Odisha, Bihar, Jharkhand, Andhra Pradesh and the entire north-east. Prices have touched the roof in most of these states with people in Assam buying a kilo of potatoes at Rs 45. Traders say that in the last two days, price of...
More »Wholesale vegetable prices in Sept. surge by 89 pc: ASSOCHAM
-PTI Wholesale vegetable prices in September this year increased by a whopping 89.37 per cent as compared to last year, an industry body said on Monday. The comparative rise observed at the consumer price index (CPI) basis vegetable prices was 34.93 per cent, Associated Chambers of Commerce and Industry (ASSOCHAM) said in a study. "Wholesale vegetable prices increased by 89.37 per cent in September, 2013 as compared to the same month last...
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