Food Inflation rose marginally to 16.74 per cent for the week ended May 29 on high prices of pulses, milk and fruits. Inflation increased by 0.19 percentage point from 16.55 per cent in the previous week, food inflation data released on Thursday showed. Prices of pulses shot up by 31 per cent, milk by 21.1 per cent and fruits by 18.7 per cent. However, potatoes and Onions became cheaper by...

The blockade of two national highways in Manipur by Naga groups entered the 55th day on Sunday and the prices of essential commodities remained high. Hundreds of trucks are still stranded. The All-Naga Students' Association launched the blockade on April 12 to protest against elections to six autonomous district councils in the hills which, it alleged, were given not enough powers to carry out development works. However, the Manipur government has...

Gujarat's business acumen and entrepreneurial zest is passé; the State's leap-frogging with 11 per cent agricultural growth, praised by the Washington-based International Food Policy Research Institute (IFPRI) last year, is old hat too. What is new is this: Gujarat may now export more ‘kesar', the famous mango variety of the State, to West Asia than Maharashtra sells alphonso; the State has entered Goa market with cashew nut; and an Ahmedabad-based part-time...

Thanks to predictions of a good monsoon, Planning Commission member Abhijit Sen has projected a robust growth rate of five per cent from 0.2 per cent in agriculture and allied sectors in 2010-11. From the earlier estimate of -0.2 per cent last year, the growth rate has been revised to 0.2 per cent. Dr. Sen, who is in charge of the farm and food sector in the Commission, said food inflation was...

India's annual food inflation edged up for the second week, rising to 16.49% for the week ended May 8 as shown by the official data released on Thursday. The food inflation stood at 16.44% the previous week, up from 16.04% for the week ended April 24. Data on the wholesale price index (WPI) released by the commerce and industry ministry showed that food inflation rose though the index for this...