-PTI Prices expected to cool down in first week of Sept once supplies from AP and Karnataka increases Much to the discomfort of consumers, onion prices today touched Rs 80 per kg in most Retail markets in the national capital despite normal supply in the wholesale markets. Wholesale price of onion have increased by Rs 5 to Rs 50-55 per kg in Azadpur mandi, according to the Onion Merchant Traders Association. Onion supply to...
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July inflation accelerates to 5.79%: Government
-PTI NEW DELHI: Rising prices of onions and other vegetables pushed inflation to a five-month high of 5.79 per cent in July even as the government and RBI battled to stabilise the rupee. Inflation based on the Wholesale Price Index (WPI) was at 4.86 per cent in June. In July 2012, it was 7.52 per cent. The July number is above the Reserve Bank's comfort level of 4-5 per cent inflation. This is...
More »Wholesale price inflation likely edged up to 5 per cent in July
-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...
More »DMK support for Food Security Bill with no strings attached unlikely
-The Hindu Chennai: The Dravida Munnetra Kazhagam will support the Food Security Bill only if it does not infringe on existing rights of Tamil Nadu, said party leader M. Karunanidhi on Friday. In a statement here, he said the Centre should not impose its provisions on State governments, but should allow them to implement it depending on the situation existing in every State. "It is a constructive approach on the part of the...
More »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...
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