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Retail inflation refuses to ease, rises to 11.24% in Nov-Indivjal Dhasmana

-The Business Standard Inflationary figures could also desist RBI from easing its monetary stance to perk up economic growth The retail price index-based inflation jumped to an all-time high of 11.24%, driven by high vegetable prices, official data showed today. The inflation stood at 10.09% in October, entering double digits for the first time in six months. The surging prices of essential commodities were an important issue in the...

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Bengal among most expensive states in India -Rohit Khanna & Suman Chakraborti

-The Times of India KOLKATA: You must have been complaining about rise in prices across categories - food or non-food. What you have not realized is West Bengal has become one of the most expensive states in India. Consumer price indices for October this year, filed with the Parliament barely a fortnight back, shows that Bengal's figure is now the second highest. Consumer price indices (CPI) for the rural Bengal during October...

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FAO expects more balanced food markets, less price volatility

-FAO Rome: Food commodity markets are becoming more balanced and less price volatile than in recent years thanks to improved supplies and a recovery in global inventories of cereals, according to FAO's Food Outlook report published today. "The prices for most basic food commodities have declined over the past few months. This relates to production increases and the expectation that in the current season, we will have more abundant supplies, more export...

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Food prices expected to be less volatile than in recent years, says UN agency

-The United Nations Improved supplies and a recovery in global inventories of cereals has led to less price volatility than in recent years, the United Nations Food and Agriculture Organization (FAO) said today, adding that food prices over the past month rose slightly, driven by higher sugar prices. "The prices for most basic food commodities have declined over the past few months. This relates to production increases and the expectation that in...

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Doubling farm growth: Sufficient soil moisture+water=Great winter crop -Dharmakirti Joshi

-The Economic Times That India has had an excellent monsoon is a given, as is the prognosis that it will more than double agricultural growth from the lowly 1.9% seen in the last fiscal year. The happy tidings on the farm front won't end there. The joy could actually multiply by the last quarter of this fiscal year because abundant rains will benefit the increasingly important winter rabi crop more than...

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