-The Economic Times NEW DELHI: Food inflation is poised to moderate significantly when data for August is released next month as the wholesale price of pulses has eased 30% while vegetable rates have dropped as much as 50% in some markets in the past four weeks because normal monsoon rainfall has raised prospects of a bumper harvest after two years of drought. Prices of all farm commodities are likely to fall noticeably...
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INDIA FOCUS: Rising Prices of Dal/ Pulses: How to deal with it? ... What's Being Done? ... A COMPREHENSIVE FACT CHECK...
Rising prices of dal: How to deal with it? The 68th session of the United Nations General Assembly declared 2016 as the International Year of Pulses. In India, however, ordinary citizens are under enormous duress due to the skyrocketing prices of dal/ lentils since the last one year. The website of Price Monitoring Cell of the Department of Consumer Affairs shows that dal prices varied across places. For example, the...
More »Food lifts WPI inflation to 23-month high
-The Hindu The acceleration will leave the RBI less space to cut rates Wholesale Price Inflation accelerated to a 23-month high of 3.6 per cent in July, driven mainly by higher food prices, according to official data.The pace of price gains as measured by the wholesale price index more than doubled in July from 1.62 per cent in June, leaving the Reserve Bank of India even less elbow room to cut benchmark...
More »Eggs to go on the boil -Aarati Krishnan
-The Hindu Business Line Price increases in inputs may raise break-even for poultry farmers and keep egg prices up There’s a hue and cry about the soaring price of pulses, the primary source of protein for Indian vegetarians. But non-vegetarians, or more precisely eggitarians, too, don’t have it easy. Prices of their key protein source have been hitting record levels in recent months, with retail egg prices in some pockets of the...
More »Heavy rains bring down prices of pulses -Jayashree Bhosale
-The Economic Times PUNE: Sowing reports from across India's pulses growing regions have indicated a bumper area under the crop tipping domestic and international prices that have corrected over the last 15 days setting a downward trend in prices. A July 26th forecast by National Australia Bank predicted a fall in chick peas and lentils from their peak of $1,200/tonne to $700/tonne by September 2017. The report, however, noted that prices of pulses...
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