-The Times of India   For all those already reeling under a series of hikes in petrol prices on the back of zooming inflation, here is some news that will enrage you further. Data of Retail Prices in countries across the world shows that Indian prices are amongst the highest in the world at current exchange rates. And, if you even out the differences in purchasing power of different currencies then Indian...

-The Business Standard   Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...

-The Telegraph   The Centre tonight banned onion exports to check rising Retail Prices, re-imposing the curbs only six months after it lifted them following a dip. At the same time, it lifted four-year restrictions on overseas sale of wheat and non-basmati rice to ease storage problems following record production last season. “Onion exports have been banned with immediate effect. The ban will be reviewed on a fortnightly basis,” food minister K.V. Thomas said...

More than two years have passed and there seems to be no progress worth speaking about in making the promised law that will guarantee food for the people. The promise came from the UPA-2 as part of its election manifesto in 2009. It was a time of recovery from a time of economic troubles. The impact of the global economic slowdown came on top of the agrarian crisis and the...

Residents of the state capital, who had planned to binge on non-vegetarian food after Sawaan, will have to go slow because of an increase in the price of onions, a common ingredient in meat and fish dishes. Ironically, vegetarian dishes, too, will cost more as the prices of greens have also shot north. Though you and I have to shell out more, there has been only a marginal increase in the wholesale...