-Asian News International/ NDTV.com Sri Lanka Economic Crisis: This comes as food price Inflation remains at a multiyear high in South Asian countries including Pakistan. Colombo: Sri Lanka is ranked fifth among the 10 countries with the highest food price Inflation in the world, according to the latest World Bank assessment. In its Food Security update, the World Bank said trade policy actions on food and fertilizers have surged since the beginning of...
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How about MSP for cattle fodder? -Kodoth Prabhakaran Nair
-Deccan Herald RBI has only been talking about food Inflation as it hits the 'human belly'. But what about the 'cow’s belly'? During a recent trip to Hyderabad in Telangana, this author met a very enterprising former NRI, who lived in the USA and has since returned to the motherland and set up a dairy farm to supply the people of the city with fresh cow milk and curd. Of course, the...
More »Has Inflation peaked? -Lokeshwarri SK
-The Hindu Business Line Inflation has been moderating off late but RBI is unlikely to let its guard down * Has Inflation peaked in India? It’s too early to conclude that Inflation has peaked in India. While CPI Inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI’s...
More »No plan to import wheat into India, have sufficient stock, confirms govt
-Livemint.com The following confirmation from the government arrived after a LiveMint report, which – citing FCI – said that wheat reserves have declined in August to the lowest level for the month in 14 years, while wheat Inflation is running at close to 12% The Department of Food and Public Distribution on 21 August confirmed that the government is not planning to import wheat from overseas. It also said that India has...
More »Cereal Inflation likely to offset disInflationary forces, say experts -Sanjeeb Mukherjee
-Business Standard There is a possibility of a 10-15-million tonne drop in kharif rice production due to drought in several major growing states in eastern India Wheat prices in some markets have touched Rs 2,522 a quintal and cereal Inflation is expected to remain sticky in the months ahead due to low wheat stocks in central granaries. Nomura India in a report said lower rice output will put pressure on domestic rice...
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