-Business Standard A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation The sharp fall in inflation over the past few months has raised the clamour for interest rate cuts. With the Consumer Price Index (CPI) falling to 5.5 per cent in October from 6.5 per cent a month ago, which is below the central bank's target of six per cent by January...
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Inflation drops to 5-year low
-PTI Continuing decline in food prices, including vegetables, pulled wholesale price inflation to a five-year low of 1.77 per cent in October. The Wholesale Price Index (WPI) based inflation was at 2.38 per cent in September and 7.24 per cent in October 2013. As per data released by the government today, the food inflation fell to a nearly two-and-a-half year low of 2.7 per cent. Food inflation is on decline since May. The sharp...
More »October CPI inflation dips to 5.52%, touches historic low
-Business Standard Overall food inflation measured on CPI came down to 5.59% in Oct as against 7.67% in the previous month The Consumer Price Index (CPI) based inflation rose to 5.52% in October compared to the same period last year, its lowest rate since the government started releasing the data in February 2012. For September, CPI inflation was 6.46%, making October's numbers the third consecutive month that retail inflation has eased. According to...
More »Your food is not cheaper yet, but wait a while -Harish Damodaran
-The Indian Express * Have global agri-commodity prices fallen? By how much? They have. The Food and Agricultural Organisation's latest Food Price Index (base: 2002-04 = 100) of 192.3 for October is down 6.9 per cent compared to a year ago, and 19.1% below the all-time high of 237.7 reached in February 2011. Prices of commodities such as corn, wheat, soybean, sugar and palm oil traded in international futures exchanges are today...
More »CSA scientists develop insect monitoring traps to control pest population
-The Times of India Kanpur: Scientists of Chandra Shekhar Azad (CSA) Agricultural University have come up with insect monitoring traps that can control the pest population in a farm. Pests damage crops and thereby affect productivity of crops, including pulses, vegetables and fruits. The trap was displayed at the three-day Akhil Bharatiya Kisan Mela which began in the university on Wednesday. Insect traps, use pheromone lures (attractants) and other trap kits for...
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