-Reuters BANGALORE: Inflation likely picked up slightly in July as its falling currency pushed up the price of imports, making raw materials more costly, and on rising food prices, a Reuters poll showed. Wholesale prices, India's key inflation measure, rose an annual 5 percent last month, the poll of 30 economists showed, hitting the ceiling of the Reserve Bank of India's commonly perceived comfort level. That was up slightly up from June's 4.89...
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Retailers, consumers sourcing cheaper vegetables from farmers via e-mails, SMS in Maharashtra -Jayashree Bhosale
-The Economic Times PUNE: Over 300 farmers from Mulashi near Pune, organised under the Abhinav Farmers' club, plan four months in advance who will grow what. More than 1,300 women, organised in 117 groups, do attractive packaging of organic vegetables, earning Rs 150 a day (for just 4-5 hours' work). The fresh vegetables, fruits and grains will be delivered at door step as per the orders booked through e-mails, voice SMS and over...
More »As onion prices soar, Delhi govt may again open outlets
-PTI NEW DELHI: Concerned over escalating prices of onion, Delhi Government today said it is considering setting up of outlets across the city to make available the vegetable at reasonable rates. "We may open stalls, like we did before, to make available onions at reasonable rates in case prices continue to soar," Development Minister Raj Kumar Chauhan, who looks after functioning of wholesale vegetable and fruit markets in the city, said. He said...
More »Will rising prices hit poll result? UPA govt panics -Rajeev Deshpande
-The Times of India NEW DELHI: Rising apprehension that food inflation may finally begin to bite in electoral terms has seen the Manmohan Singh government press the panic button as Retail Prices of cereals, vegetables and pulses soar in comparison to last year. Persistent high inflation, particularly in food, is gnawing the government ahead of assembly polls in four major states later this year and the 2014 Lok Sabha election, a concern...
More »New drug pricing creates artificial scarcity-Shyama Rajagopal
-The Hindu Kochi: An artificial scarcity of drugs looms large with the new drug pricing regime, slashing prices for 348 essential drugs, set to prevail from July 29. Many retailers who stock medicines for a week are not picking up medicines and are keeping a minimum inventory. Some retailers said distributors were not making medicines available. It has sent medical retail stores into a tizzy about the fate of already available stocks. J.S....
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