-PTI/ NDTV.com The ministry also said that the recent changes in India's rice export rules "have helped keep a check on domestic prices" without reducing the availability for exports. New Delhi: Domestic rice prices are showing an upward trend and it "may continue to increase" due to low kharif production forecast and 11 per cent jump in export of non-basmati rice, the food ministry said today. The statement was made in the fact...
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Is Food Inflation in India Driven by Demand or Supply? -Deepanshu Mohan, and others
-TheWire.in While domestic food price inflation is high globally, consumer food price inflation in India has increased from 0.68% to 8.38% between September 2021 and April 2022. Inflation has continued to peak at an all-time high in all economies around the world, with food and energy prices skyrocketing to unprecedented levels. Even industrially developed nations like the US, Canada, and the Eurozone, which experienced decades-long of stable price levels have struggles to...
More »Realistic analysis shows that the Indian economy has simply taken little steps in Q1 instead of a quantum leap
There is euphoria abound about India's growth performance during the first quarter of the current fiscal. As compared to the corresponding period last year, the year-on-year (y-o-y) GDP growth in the first quarter (Q1) of 2022-23 is down. However, one should take into account the fact that the high growth performance of the real GDP in Q1 of 2021-22 was due to the low base in the corresponding period of...
More »Odisha floods lead to rise in prices of vegetables, supply chain disruptions -Devesh Kumar
-Livemint.com * Odisha have been reeling under flood, leading to crop damage and supply chain disruption * Vegetables prices have shot up in the markets of Bhubaneswar as several districts of Odisha Recurrent floods in several districts of Odisha have led to crop damage and supply chain disruptions which further hiked the prices of vegetables in the state. Tomatoes are sold at ₹25 per kg in downtown Bhubaneswar, a jump of around five rupees...
More »Amul, Mother Dairy Milk Prices To Rise By Rs. 2 From Tomorrow
-NDTV.com The increase in milk prices comes in view of a rise in input costs, Amul and Mother Dairy said. New Delhi: Milks prices are set to increase with dairy brands Amul and Mother Dairy announcing a ₹ 2 raise in its prices due to a rise in procurement and other input costs. The new prices for both the brands will be effective from Wednesday, the companies said. For 500 ml, Amul Gold...
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